I'm sure you all see it. The 60m MA buy signal that started at the beginning of December went on a Sell yesterday and is still on a sell today.
Big Q: ... will they manipulate a gap up back to a buy signal with Intel as the reason..?
Stay tuned and good luck.
Sox 60m Sell Signal
Started by
Mr Dev
, Jan 14 2010 03:48 PM
8 replies to this topic
#1
Mr Dev
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Posted 14 January 2010 - 03:48 PM
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#2
Rogerdodger
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#3
q4wer
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Posted 14 January 2010 - 04:10 PM
needs a daily signal to act ?
60 minute chart ~~~ is it reliable to bet?
#4
tommyt
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Posted 14 January 2010 - 04:34 PM
I'm sure you all see it. The 60m MA buy signal that started at the beginning of December went on a Sell yesterday and is still on a sell today.
Big Q: ... will they manipulate a gap up back to a buy signal with Intel as the reason..?
Stay tuned and good luck.
its a rigged, HFT, low volume bull...which is harder to factor into TA in my opinion
#5
pedro
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Posted 14 January 2010 - 04:41 PM
no sell per Chan until the TL is breached too. if you're long, you'd be holding
#6
arbman
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Posted 14 January 2010 - 06:21 PM
You would've expected this index to do better since we rallied quite a bit from the lows since Tuesday.
Intel excitement didn't last ...
Edited by arbman, 14 January 2010 - 06:22 PM.
#7
Rogerdodger
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Posted 14 January 2010 - 06:25 PM
no sell per Chan until the TL is breached too. if you're long, you'd be holding
Chan actually shows a sell signal Tuesday :
TLBSSm = Trend Line Break Sell Signal
http://stockcharts.c...94476&r=923.png
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
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#8
Mr Dev
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Posted 15 January 2010 - 12:25 PM
Hi folks!
Well done guys.....I think we got that right.
That Sell Signal was to obvious to not send a warning bark from behind the fence.
Does recent market action remind anyone of 03 into 04, when the FEDs manipulated the markets beyond working naturally or technically?
When management firms started firing their chief analyst,... because the markets,.. although forced,.. were obviously meant
to only move one way fast?
It's amazing the Feds can't see when over involvement becomes a set-up to create another market problem.
Hmm we will just have to keep trading it....
Edited by Mr Dev, 15 January 2010 - 12:26 PM.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#9
Mr Dev
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Posted 15 January 2010 - 12:31 PM
needs a daily signal to act ?
60 minute chart ~~~ is it reliable to bet?
Yes I think it is enough...actually a 15m chart adjusted correctly can do the trick in most markets but it can give you some whip rides too.
As mentioned the 60m buy signal lasted all Dec of last year until now..that's a good enough ride to take profits and reverse
your position to protect gains and ,,,,well based on todays action create more gains.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
