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06/25/2012 Live Update
Posted: Mon Jun 25, 2012 9:10 am
by Cobra
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Gap down below Friday's low so the gap might not be filled.
The Global ES looks like a Bear Flag breakout on the downside and broke the support, the text book target would be deep deep in the sea but I'm not sure as bulls nowadays simply had too many miracle reversals, and from the feedbacks, I cannot believe people simply use my pre-market statement as my judgment for the day's trend and even weeks, even without reading my intra-day update, no to mention all the calls here are for INTRA-DAY ONLY! So let's wait and see.
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 9:18 am
by Cobra
Please limit your discussion on trading related topics only.
You all know I could sell my intra-day calls for an expensive monthly fee, yet I offer it for free, on the condition that excepts the intra-day comment, it asks no more extra time for me to maintain the right atmosphere on the forum. So please no unrelated topics here. I really don't have time to judge who's right or wrong, I only know I have no time, so if I'm forced to do something, the action would be very rude without considering who's right or wrong at all. Thanks for your cooperation!
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 9:24 am
by KeiZai
This inverse H&S is not good 4 crude oil
PS: master COBRA don´t bother with haters
I know a lot of traders and I can clearly say you are ONE OF THE BEST - seriously....if they can´t see it, they know nothing about real trading
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 9:27 am
by EvilTrader
Cobra wrote:Please limit your discussion on trading related topics only.
You all know I could sell my intra-day calls for an expensive monthly prices, yet I offer it for free, on the condition that excepts the intra-day comment, it asks no more extra time for me to maintain the right atmosphere on the forum. So please no unrelated topics here. I really don't have time to judge who's right or wrong, I only know I have no time, so if I'm forced to do something, the action would be very rude without considering who's right or wrong at all. Thanks for your cooperation!
what happened ?
someone fought over here ?
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 9:32 am
by Cobra
the open. it's too stretched, so might see a rebound of some kind first.
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 9:35 am
by CognitiveDissonance
Fibs are scary, same chart from last week plus another indicator. Let's see if VIX can break through 50%.
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 9:40 am
by SWalsh
This could be completing a 5 wave move down now, or a 1-2-i-ii and set to collapse. If the latter, ES 1323 can't be taken out. Until then, short remains the play, IMO:
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 9:55 am
by SWalsh
EvilTrader wrote:Cobra wrote:Please limit your discussion on trading related topics only.
what happened ?
someone fought over here ?
Some coward listed a name as "walsh_slayer" (see weekend discussion) along with a threatening PM to me and posted after Cobra sent them a PM. Why Cobra thinks there is no clear "right/wrong" here and has left that post of his up on the board makes no sense at all to me. That's the entire story. I would think for board harmony anyone with another's handle and "slayer" attached with a threat should have been blocked. But I suspect it's a regular and blocking the IP would block the coward completely.
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 9:55 am
by KeiZai
5 mins to HOME SALES
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 9:56 am
by uempel
Good signal on the 30 min at 11.00 am - as it's the 30 min this signal points to 11.00 - 11.30 am...
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 10:00 am
by Petsamo
So who bought da dip ?
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 10:01 am
by Petsamo
Supreme Court decision on Obamacare is expected today or Thursday
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 10:02 am
by Cobra
no comments, wait for OR breakout first.
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 10:04 am
by Cobra
big picture, rebounded from Fib 50.
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 10:07 am
by SWalsh
KeiZai wrote:5 mins to HOME SALES
New Home Sales - consensus range: 320 K to 362 K Actual: 369 K
HFTs hit it mildly 3x in 20 seconds and that's all. Hmm...might trend be strong? They've reversed a down mkt on a lot less than this. But they could be waiting for shorts to be put on.
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 10:09 am
by Mr. BachNut
Market Neutral.
Longs were closed last week.
My indicators, which are longer term, are still positive but could turn if things continue to deteriorate.
I have been doing some light trading on the short side (to catch some of what looks like a test of the June 4 low) but it has been discretionary and not per my kit of setups (very naughty).
Anticipating that my next signal will reveal as Cobra's Evil Plan plays out in some form (higher low or lower low).
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 10:11 am
by gappy
Petsamo wrote:So who bought da dip ?
Call me nutso, but I did. WMMVY...TEX
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 10:11 am
by Cobra
so far I don't like the consolidation here, more likely to break down.
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 10:15 am
by KeiZai
Don´t have time to post pic but 10ynotes have either double top on 30min or big breakout is underway
Re: 06/25/2012 Live Update
Posted: Mon Jun 25, 2012 10:16 am
by snakehead
Cobra wrote:...Gap down below Friday's low so the gap might not be filled.
The Global ES looks like a Bear Flag breakout on the downside and broke the support, the text book target would be deep deep in the sea but I'm not sure as bulls nowadays simply had too many miracle reversals, and from the feedbacks, I cannot believe people simply use my pre-market statement as my judgment for the day's trend and even weeks, even without reading my intra-day update, no to mention all the calls here are for INTRA-DAY ONLY! So let's wait and see.
Cobra: I would find it extremely helpful if you were to continue to post the daily $DAX chart (with H&S neckline), as you started doing a coupla weeks ago ... since there is very strong correlation with what is going on in U.S. markets.