Search results

You think? Really dont know. I'm thinking sharp move up at the open when those who short the break have to cover. Then a quick selloff and a sharp reversal into the close. Going to be a tough day if get caught on the wrong side of any of the intraday moves.

Hi Frugi, thats scalping some decent size there. Good trading setup. I lean on the TICK myself quite a bit. Past few days TICK was relatively strong. Today showed some weakness but had a strong move after-hours. Confusing markets to say the least. I'd like to scale up to your kinda size, but...

There seems to be some good sized short covering after hours. I suspect we have a strong close up tomorrow. At the very least the morning will have a explosive rally.

I took my trades on the Nikkei again on the short side today. The fact that Goldman put out a bulletin last week encouraging customers to buy Nik 225 dip confirmed my short bias. imo Nikkei will move in a ranging consolidation pattern for this year. Needs to find a bottom first.

When there is opportunity to make unbounded wealth, those who have the resources will take make every effort to get as much of it as possible. A key part in my trading is acknowledging that the markets have always been and will always be manipulated by those who have superior access to...

You have to keep your ear close to the ground so you can hear the thundering herd from far away. Otherwise by the time you see the herd, it's too late. It'll run over you. This sell-off was not because of pikers like us who frequent this board selling 10 contracts. This was because I-Banks...

fwiw, I have a GTC limit sell for 2/3 position set at 1.76

Sold today @ 10889. + 57 Still treading carefull till my indicators turn around.

US Bonds reaction to the Nikkei pullback was rather muted. I was expecting more. I suspect this is a sign of weakness ( looks toppy ) , we can expect Bonds to pullback if stocks should rally. My 0.02.

Well I went long too at 10832. Lets see what happens, looking to sell in the 10880's. I bought because we're at the support zone on the chart I posted weeks ago. Direct link http://www.elitetrader.com/vb/attachment.php?postid=946177

Aside from the Nikkei dropping its pants again tonight ( not that I'm complaining being that I short it ) My indicators show YM will have a large drop next few days. I'd be careful going long in the MRC. Another gimme trade, short DAX at the open.

Recent stat I looked at. In CA only 14% of the population can afford a house there. People moving out of that state in droves. In a decade those $500,000 Trailers will soon be worth what they really are $50,000. $1.2 mil for a crappy 3 bed 2 bath in San Diego. Outrageous.

Another paper-trader who thinks multiplying his virtual account makes him a great trader. Btw, Livermore died broke and shot himself inside of a restroom to boot. And if you must know, he made most of his money by running pooled stocks and splitting the commissions with his broker. He was...

Anyone who trades the Nik 225 Saw this selloff coming from a mile away. Big money took the opportunity of some bad news in Japanese stocks to sell off and take huge profits after a good run last year.

Looks good to me. Any clues as to the expected earnings growth rate?

The guy in that link is a lunatic. He needs to get back on his Bipolar medication. A excerpt: ---------- What is Shambhala? Where is it located? Shambhala is a place in the Himalayas where Elder Brothers of Humanity live and guide our evolution. It is a valley at about 12,000 feet...

Markets worldwide will collapse. So will Bonds. Anyone want to guess why?

You can try the time and sales window. I don't look at the Level 2 gibbrish either. Most of it is nonesense these days. Open 2 time and sales windows, 1 for all T&S and second one with a filter for volume > 200 or > 1000 ( whatever suits you). Look at the *scroll speed* of the tape, right...

The Nikkei will sell off tonight. Careful going long on the MRC. Better to buy after the 3:00 am EST dip.

I'm not so sure it is amatuers buying. Amatuers buy the top to sell at the bottom. However the 10:30 reversal is often times buying near the bottom and selling up higher. Here's an interesting chart. Since the year started, if you went long at 10:30 on the YM and closed out the trade MOC...