Jump to content



Photo

Sell signals abound. Every bounce should be sold.


  • Please log in to reply
59 replies to this topic

#41 andr99

andr99

    Member

  • Traders-Talk User
  • 7,431 posts

Posted 08 August 2013 - 02:00 PM

Europe looking OK to me, new 4 year highs.

http://stockcharts.c...75987012862.png

Posted Image


look at the the dax and then at the cac 40 and then tell me

the girls are spectacular............but a brunette haired too sometimes won' t be bad

forever and only a V-E-N-E-T-K-E-N - langbard


#42 jdjimenez

jdjimenez

    Member

  • Traders-Talk User
  • 1,252 posts

Posted 08 August 2013 - 02:10 PM

Here I am at Del Mar working and my next wife is at the beach!

Posted Image
[/quote]

#43 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 08 August 2013 - 02:19 PM

Take the internals off your screen, you will continue to be mis-led by them as long as volume stays light.

I'll let u know when it's ok to turn them back on... somewhere around 2B Nasdaq, then you will have enough flow to get a reasonable readout.

In the meantime the $Yen is leading the market.

Figure that one out and you got it made...

I bot YCS (short Yen) this morning at $Yen 95.80, if it tests 95, I am out.

YCS 59.50 entry.


YCS 60.17.

It's the same play as being long equities, without all the BS, like earnings reports...

:rolleyes:


60.41...

B)
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#44 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 08 August 2013 - 02:20 PM

Europe looking OK to me, new 4 year highs.

http://stockcharts.c...75987012862.png

Posted Image


look at the the dax and then at the cac 40 and then tell me

the girls are spectacular............but a brunette haired too sometimes won' t be bad

I like this one Andr .... Not the chart... :D I was there 2 years ago, same views. October fest is nuts

Edited by zoropb, 08 August 2013 - 02:22 PM.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#45 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 08 August 2013 - 02:25 PM

And all it is, it is a BULLISH SPRING

Tests the High Volume Low from 6/11 of 59.68 on Peanuts for Volume today...

And... BABOOOOMMM!!

Bullish Spring Bounce.


http://bigcharts.mar...&mocktick=1.gif


http://bigcharts.mar...&mocktick=1.gif

Edited by SemiBizz, 08 August 2013 - 02:27 PM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#46 traderx

traderx

    Member

  • Traders-Talk User
  • 1,410 posts

Posted 08 August 2013 - 02:27 PM

I am adamant on staying with a trend, because top and bottom picking are futile in my opinion, based on subjective hope in the end. The trend is all I know how to follow and to determine the trend I use moving aberages.

agree lots of money on sidelines ready to come in----most do not think like traders

#47 ogm

ogm

    Member

  • Traders-Talk User
  • 13,780 posts

Posted 08 August 2013 - 02:33 PM

I am adamant on staying with a trend, because top and bottom picking are futile in my opinion, based on subjective hope in the end. The trend is all I know how to follow and to determine the trend I use moving aberages.

agree lots of money on sidelines ready to come in----most do not think like traders



Waiting ? Everyone is already in and on margin.

Highest retail inflows into stock mutual funds. Highest NYSE margin levels ever.

#48 zoropb

zoropb

    Member

  • Traders-Talk User
  • 8,392 posts

Posted 08 August 2013 - 02:37 PM

I am adamant on staying with a trend, because top and bottom picking are futile in my opinion, based on subjective hope in the end. The trend is all I know how to follow and to determine the trend I use moving aberages.

agree lots of money on sidelines ready to come in----most do not think like traders



Waiting ? Everyone is already in and on margin.

Highest retail inflows into stock mutual funds. Highest NYSE margin levels ever.

Yep this July broke the Feb 2000 retail inflow record.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#49 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 08 August 2013 - 02:38 PM

$60.55 YCS. There's always a bear market somewhere... :lol: Just have to choose the proper instrument.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#50 ogm

ogm

    Member

  • Traders-Talk User
  • 13,780 posts

Posted 08 August 2013 - 03:01 PM

And they huffed and they puffed all day, and that didn't change a darn thing. Couldn't even recover yesterday's losses.