ES
Started by
NAV
, Mar 13 2008 10:08 AM
25 replies to this topic
#1
NAV
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Posted 13 March 2008 - 10:08 AM
And it stopped right at the 1282 dynamic support i mentioned in Mark's thread. Enjoy.
#2
SemiBizz
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Posted 13 March 2008 - 10:14 AM
Is dat der one of them inverse frack-tolls??
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
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
#3
NAV
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Posted 13 March 2008 - 10:20 AM
Is dat der one of them inverse frack-tolls??
don't use frac-tools.... just da good ol simpl momo toolz.
Edited by NAV, 13 March 2008 - 10:21 AM.
#4
sjj
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Posted 13 March 2008 - 10:22 AM
More important is where is it going from here today 
You can't be a beacon if your light don't shine !
#5
NAV
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Posted 13 March 2008 - 10:30 AM
More important is where is it going from here today
As i said in my morning post, trading these intraday volatility based on rumors/bailouts requires VST tools. But these noises however sharp will not change the the unmistakable trend, which is DOWN.
#6
arbman
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Posted 13 March 2008 - 10:37 AM
NAV, what is your momentum system saying about the daily and weekly timeframes?
#7
eminimee
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I don't care who's fur is flying...
Posted 13 March 2008 - 10:47 AM
Personally...I think where we bottomed..(june contract) is only temporary...I'm hoping to see 1308 and then down
#8
SemiBizz
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Posted 13 March 2008 - 10:50 AM
Today's volume is mediocre. I have to believe they will use this as an opportunity to mark these bloated pigs up some more...
If you keep yourself flat here, there's ample opportunity to short these spikes, because they all fail. Sounds like you made yourself a nice profit on your pivot NAV. That's the game here, trade every pivot. Looks like 1314 might be the next one, that is what it looks like on SPY 65 min resistance here...(3/7) If you haven't tried 65 min settings yet, I suggest you experiment. QQQQ just stopped cold at 42.54 same spot, 65 min resistance.
Edited by SemiBizz, 13 March 2008 - 10:54 AM.
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
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
#9
NAV
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Posted 13 March 2008 - 10:53 AM
NAV, what is your momentum system saying about the daily and weekly timeframes?
LT has been down since we broke 1370.
IT (Weekly) has been down since Nov 11 and it remains on a solid sell.
http://www.traders-t...?...c=78887&hl=
Daily which had turned up on 1/28, went to a sell on 2/28 and is down currently. This timeframe has a decent chance of turning into a buy, if the market can hold up for a week or two. If and when this goes to a buy, i will post the signal here.
#10
NAV
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Posted 13 March 2008 - 11:00 AM
Today's volume is mediocre. I have to believe they will use this as an opportunity to mark these bloated pigs up some more...
If you keep yourself flat here, there's ample opportunity to short these spikes, because they all fail. Sounds like you made yourself a nice profit on your pivot NAV. That's the game here, trade every pivot. Looks like 1314 might be the next one, that is what it looks like on SPY 65 min resistance here...(3/7) If you haven't tried 65 min settings yet, I suggest you experiment. QQQQ just stopped cold at 42.54 same spot, 65 min resistance.
Semi i don't buy at the pivots. I wait for the first momentum thrust coming out of these pivots in either 10-min, 15-min or 30-min depending on how the volatility looks. Both yesterday and today have been good daytrading days for me.
How is 65-min different from 60-min ? Anything of importance in that timeframe ?
Edited by NAV, 13 March 2008 - 11:02 AM.
