Search results

nice try on the rest of it, and good job on the trade trvl

Ben looks exhausted, like he's ready to get back on that plane to go home, and soooooo ready to get to a bar and down a few brewskies. He's putting me to sleep more than usual, it's kind of painful.

www.nahb.org/Bernanke Just started 1 min ago, 15 mins late

anyone know where to catch Bernanke speech live? can't find it at the moment. edit: nevermind, found it

How about, look at the daily chart since late December for the general direction. But other than that, yes, it's all just opinions and guessing. May very well drop like a brick right now.

Because the shorts are backed into a corner. Bulls have breathing room. Just probability of course, this moment is this moment, and anything can always happen.

Regarding the above commentary on the jobs report... I am apolitical here. I really don't care. But the number given every month is seasonally adjusted. In fact, when you look at some of the good months from last year where the economy gained, say, 150K+ jobs, that was the seasonally...

TPO = time price opportunity. It's time-based, not volume based. Market Profile before volume info was as available. It's the only way you can profile SPX, for example. If you use half hour increments, for example, a price gets +1 when it trades in that half hour. This is instead of volume...

Buyers fail twice at yesterday's high... site of the NFP extravaganza (1323) next? And how about 1308 onnnne more time....? Or was the test of the post-NFP balance as the chart showed earlier (1339) sufficient to break through this level?

who defines what is accurate? Does the exchange provide TICK historical data to check? If not, there is no "right" unfortunately ... time and sales, and thus price and volume, can be verified by the exchange, but TICK cannot, as far as I know.

just got a 1095 TICK on that spike, very high for my scale

As was discussed recently on this thread, different data providers will show different readings for TICK. Mine showed almost 1000 but I have had only 2 or 3 readings over 1000 this year so far.

So basically, a bullish engulfing candle is an up candle, which follows a down candle, where the body of the engulfing candle engulfs the prior day's BODY. No mention of highs or lows. Right?

http://screencast.com/t/M5Jq5mDeoD ... ? :D :eek: (the blue/purple is from NFP till now)

Yes, you can never be wrong when it's confirmed!

spx ticked above 1349, think it will break 1350 strongly at this late hour? I'm guessing not but I won't sell here

Rickshaw, give me the exact rules: you mean 4:00 close, or 4:15 close? Tell me when to buy, and when to sell, and I will waste my time to backtest this so others will see how worthless it is.

Indeed, and as you say the most important thing is that the trader can be effective with the data, tools, etc., that he works with. At the end of the day, this is the bottom line. I know several great traders who use IB.

IB is not even close to good, it's probably the worst in fact, just my $0.02 but I've never actually heard someone say IB data was good. My broker data feed does not include internals like TICK, which I like to have, so I have to use a 3rd party data feed. EDIT: IB is so bad, in fact, that...

42.50, but only ahead of 42.25 by a few hundred contracts edit: oops wait, are we talking RTH? ETH is 42.25 by a few hundred, RTH only is 42.50 by a few hundred... writing this before 42.50 traded at 2:08pm