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11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:03 am
by Cobra
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Flat open, so any gap will be filled.

Global ES, I can draw a little bigger Wedge now and this is why wedge is difficult to trade, you always can have different size of wedges. See thick horizontal line, it's being tested 3 times, so likely we'd see a breakout soon, therefore the chart is bullish biased.

Only half day trading, volume should be very thin, should be boring.

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:07 am
by Cobra

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:10 am
by Cobra
Euro now looks a little bit bullish biased (I was calling for bear flag, now it's hardly look so). 100% MM target is 1.3792.

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:13 am
by SigmaEcho
Gm Cobra, what do you think of dax?

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:18 am
by Cobra
Gold testing resistance many times, so is bullish biased too. text book target could be 1767.5 if indeed breakout.

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:20 am
by Cobra
SigmaEcho wrote:Gm Cobra, what do you think of dax?
hard to call DAX as the up bar become smaller and smaller, a typical rising wedge pattern.

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:27 am
by cheese
Cobra: what is the time zone of the server?

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:32 am
by Cobra
the open.

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:33 am
by Cobra
cheese wrote:Cobra: what is the time zone of the server?
First of all, welcome aboard!

As for time, you need set yourself, on the top left corner, click User Control Panel, you'll find settings there.

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:33 am
by Petsamo
We close at noon EST.

From the Thursday open to Friday close, Japan rallied some, Hang Seng rallied big, India sold off a little, Europe rallied. So, if we dip, it'll probably be a JBTFD event.

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:39 am
by TraderJoe
Petsamo wrote:We close at noon EST.

From the Thursday open to Friday close, Japan rallied some, Hang Seng rallied big, India sold off a little, Europe rallied. So, if we dip, it'll probably be a JBTFD event.
Well, did you get lucky and find a babe???? :lol: :lol:

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:47 am
by Petsamo
TraderJoe wrote:
Petsamo wrote:We close at noon EST.

From the Thursday open to Friday close, Japan rallied some, Hang Seng rallied big, India sold off a little, Europe rallied. So, if we dip, it'll probably be a JBTFD event.
Well, did you get lucky and find a babe???? :lol: :lol:
They couldn't get their hands off me Image

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:47 am
by TraderJoe
Petsamo wrote:
TraderJoe wrote:
Petsamo wrote:We close at noon EST.

From the Thursday open to Friday close, Japan rallied some, Hang Seng rallied big, India sold off a little, Europe rallied. So, if we dip, it'll probably be a JBTFD event.
Well, did you get lucky and find a babe???? :lol: :lol:
They couldn't get their hands off me Image
Lucky you...

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:54 am
by wayne0708
Bullish?

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:57 am
by cheese
Could you please comment a little on AAPL? I shorted some at open, considering to cover...

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:58 am
by StudentBill
wayne0708 wrote:Bullish?
Doesn't feel like we should go much higher here but this is the perfect day for a charts don't matter - melt your face off - no volume rally.

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 10:59 am
by wayne0708
VIX opens lower than now. if it closes within the bb i prob reduce exposure on long side as much as I think this rebound is strong (going for 5 green days).

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 11:03 am
by Heck
Petsamo wrote:We close at noon EST.

From the Thursday open to Friday close, Japan rallied some, Hang Seng rallied big, India sold off a little, Europe rallied. So, if we dip, it'll probably be a JBTFD event.
NYSE said they close at 1 PM EST today:

http://www.nyx.com/holidays-and-hours/nyse

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 11:03 am
by wayne0708
cheese wrote:Could you please comment a little on AAPL? I shorted some at open, considering to cover...
not so much input on AAPL as i havent followed it lately, but it does look like it is consolidating and waiting for another pop. JMHO!

Re: 11/23/2012 Live Update

Posted: Fri Nov 23, 2012 11:03 am
by Cobra