Cobra's Market View

CognitiveDissonance wrote:

agnosia wrote:long crude 95.55.. the 200 sma ... lets see if it holds.

Thanks for the floor trader movie links, just finished it - very interesting.

no problem, glad you enjoyed it

uempel wrote:I went long down at SPX 1190 - no big money and just to test the Fuzzy chart which told me to long

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"A brave man is a man who dares to look the Devil in the face..."

I would not have the stomach to go long before at least a tradable bottom is emerging...

Seems to me that just under SPY 119 would be a place where a good sized slug of stops could be sitting.

spx symmetrical triangle breakdown target almost met at spx 1186

tdo722 wrote:whoever shorted from 1292 and hold it until now has become bill gates.

I am short @ 1200.25 and still holding

agnosia wrote:spx symmetrical triangle breakdown target almost met at spx 1186

also 50% retrace of spx at 1183.5..

that said this selling looks pretty bad. sidelines for me. got stopped out of crude flat.

Dow Trader wrote:

tdo722 wrote:whoever shorted from 1292 and hold it until now has become bill gates.

I am short @ 1200.25 and still holding

what is your target?

Cobra, that was an exhaustion bar, wasn't it? So hopefully now, rebounds. ???

agnosia wrote:

Dow Trader wrote:

tdo722 wrote:whoever shorted from 1292 and hold it until now has become bill gates.

I am short @ 1200.25 and still holding

what is your target?

he's aiming for 61.8% retracement at 1158 aren't u? evil plan.

First you think it couldn't get any worst, this is it.
Second you wish were out

far from the end of the week... but interesting support here.

tdo722 wrote:whoever shorted from 1292 and hold it until now has become bill gates.

I shorted at 1285, covered at 1230. Shorted last week at 1265 and still holding. But I play very very little always.

agnosia wrote:

Dow Trader wrote:

tdo722 wrote:whoever shorted from 1292 and hold it until now has become bill gates.

I am short @ 1200.25 and still holding

what is your target?

75% at 1176.50 and 25% @ 1158.00

anyone finding the non-action in EUR/USD or the fact that /DX hasn't broken above 78.50 interesting? is the market just catching up with the drop in EUR/USD?

SPY is at 10/11 levels, EUR/USD below them already from last tuesday. so maybe it's just a regression move by equities to catch up with FX? the same for dollar index...which traded around a high of 78.28 on 10/11...

pady wrote:

tdo722 wrote:whoever shorted from 1292 and hold it until now has become bill gates.

I shorted at 1285, covered at 1230. Shorted last week at 1265 and still holding. But I play very very little always.

My motto is go big or go home.

Get rich or put a pistol in your mouth. That's the rockefeller way of trading my friends.

Is anyone still planning on buying this?

tdo722 wrote:

agnosia wrote:

Dow Trader wrote:

tdo722 wrote:whoever shorted from 1292 and hold it until now has become bill gates.

I am short @ 1200.25 and still holding

what is your target?

he's aiming for 61.8% retracement at 1158 aren't u? evil plan.

hmm think 50% retrace of spx 1292 - 1074 looks like a bounce target ...

i am gonna try a long there...

Dow Trader wrote:

tdo722 wrote:whoever shorted from 1292 and hold it until now has become bill gates.

I am short @ 1200.25 and still holding

Short since 127.75 SPY. More...much more...to come. Bounce this week, before continuation into the abyss.
GL (and back to work, for me),
A.

Very strange that $vix is around 35ish yet

tdo722 wrote:

agnosia wrote:

Dow Trader wrote:

tdo722 wrote:whoever shorted from 1292 and hold it until now has become bill gates.

I am short @ 1200.25 and still holding

what is your target?

he's aiming for 61.8% retracement at 1158 aren't u? evil plan.

you will see my actual trading entries and exits whenever I close this position in my blog : EasyTrades50.blogspot.com

regarding the Fib%, I don't trade based on it, I use my lines, Patterns, and calculations