09/04/2013 Live Update

[SERVO]

Is today an outside reversal day?

[BullBear52x]

the road map:
intraday SPY = Buy the dip

[TraderGirl]

Does anyone know about the Fed releasing minutes today at 2pm?

It's Fed's Beige Book day, not minutes day. I've decided not the trade Minutes days, (unless I go crazy, of course.) Beige book days shouldn't be as wacko. Famous last words. Todd Harrison always says, on Minutes days, that the first move is the false move (beginning at 2pm - or slightly before - depending on how well connected you are.)

Thanks rhight....

[uempel]

Is it of ain't it?

[gappy]

Is it of ain't it?

68.png

Inverse h&s? Nah, no head in the mid there.

[jack black]

Noob question again:
Can someone tell what is the mechanism that forces the markets to fill gaps before moving forward?
Is this some kind of market manipulation by market makers?

[Al_Dente]

UEMPEL
Yeah, drinks at Toto

5min
First red Elder bar [edit: second red elder]
Pierces 20ma
[second edit: XIV gaps down, 5min]

[L_T]

Is it of ain't it?

The attachment 68.png is no longer available

With you there. However look back at late June. Looked to be setting up the same thing but bounced off the 100 MA and it went up to make new highs by mid July.

I need a close below the blue line to confirm bear and several closes above red line to confirm bull.

[L_T]

Latest red bar says get short (intraday).

[BullBear52x]

Is it of ain't it?

The attachment 68.png is no longer available

this is getting too easy, now I know what buy low sell high is

[rhight]

Is it of ain't it?

68.png

Inverse h&s? Nah, no head in the mid there.

Double bottom?

The next 60 min down cycle should tell the tale (looking at stochastic). By my system, I have to trail a long entry for a swing up as long as a lower low is not made (<1630), but would really like to see something over 550 on NYUPV for the day.

[Al_Dente]

Latest red bar says get short (intraday).

boss do u have a quickie explanation of “volatility stop” dots

[BullBear52x]

Is it of ain't it?

The attachment 68.png is no longer available

Inverse h&s? Nah, no head in the mid there.

Double bottom?

The next 60 min down cycle should tell the tale (looking at stochastic). By my system, I have to trail a long entry for a swing up as long as a lower low is not made (<1630), but would really like to see something over 550 on NYUPV for the day.

This is what I will talk about later, coming soon to the screen near you.

[MrMiyagi]

SPY10

[Cobra]

H1 long at ema20, not sure, I prefer H2 long.

[fehro]

upstaging the FED Beige book?

http://www.reuters.com/article/2013/09/ ... YE20130904

[MrMiyagi]

VIX at support.

[Cobra]

failed h1 long, wait for h2.

[nightwolf]

What now Mr. Miyagi...Any new P-bars showing up?

[uempel]

Close-up: