04/02/2012 Live Update

[uempel]

Signal due shortly:

[Cobra]

a consolidation after the breakout is good for bulls. let's wait.

[Ed02]

anyone got the feeling like me? this is it for day traders. flat for the rest of the day from here?

I feel there is another up leg coming up, another 1% up for SPY (intraday) as I can see from a sets of plots I am using.

[BullBear52x]

anyone got the feeling like me? this is it for day traders. flat for the rest of the day from here?

I feel there is another up leg coming up, another 1% up for SPY (intraday) as I can see from a sets of plots I am using.

what are you using, I know many pivot and algo guys were looking at 143.38 at least for next resistance. is that what you use?

[TraderGirl]

5 yr and 2 yr chart shows potential resistance around 1422 relating to the May 2011 high....

[SWalsh]

Feeling like your TA work is all for naught?

HFTAlert update at 12:44

HFTAlert
strong algo activity today. with quote stuffing way down, it's easier to see the programs, sizes and levels..less noise more good info $SPY

He who can quote stuff the fastest wins, as they can delay the orders of others hitting the market as well as manipulate price. This is the United States Stock Market. I feel like I'm reading reports from Vulgaria (I hope I didn't insult any Vulgarians).

[uempel]

Review:

[TraderGirl]

UCO chart, backtesting broken trend line...

[BullBear52x]

here is my FIb measurement, intraday is way over bought. but if you long this market you are in a good hand

[Me XMan]

I feel so giddy today
Gonna have to cool my temptation

[TraderGirl]

Bonds could be telling us something. Posted this chart last Friday regarding the potential up move for treasuries and not to trust Friday's sell off...
We will see if it plays out...

[DRL]

I feel so giddy today
Gonna have to cool my temptation

What?? No beer in the fridge?

[BullBear52x]

O' oh, new line in the sand just kicks in 141.91

[Cobra]

very strong trend so far, bears don't fight.

[uempel]

There was a cycle a few minutes ago - so far it only had a very short-term effect...

[Ed02]

anyone got the feeling like me? this is it for day traders. flat for the rest of the day from here?

I feel there is another up leg coming up, another 1% up for SPY (intraday) as I can see from a sets of plots I am using.

what are you using, I know many pivot and algo guys were looking at 143.38 at least for next resistance. is that what you use?

The main plot is the 10day10min plus the RSI(14). Sorry I am still learning and do not know how to post a plot yet. But it has been working well recently for what I am doing.

[KENA]

So far swing trades long has been where the profits are,but things change so lets see.

[Me XMan]

hahahahaha
Gonna get some beers now...

I feel so giddy today
Gonna have to cool my temptation

What?? No beer in the fridge?

[BullBear52x]

The main plot is the 10day10min plus the RSI(14). Sorry I am still learning and do not know how to post a plot yet. But it has been working well recently for what I am doing.

is it working on the sell side as well as buy side? use print screen function or snipping tools, save it on your computer and post it here under upload attachment.viewtopic.php?f=3&t=14

[Kos]

Cobra, Do you think we are going to 1440 or higher before some serious correction?