Ares

[Ares1]

These are links I would like to look more into with regards to pegging:

Market manipulations
http://elitetrader.com/vb/showthread.php?s=&postid=1099771&highlight=pegging#post1099771

Pegging through BRUT
http://elitetrader.com/vb/showthread.php?s=&postid=1090925&highlight=pegging#post1090925

Others in the market pegging
http://elitetrader.com/vb/showthread.php?s=&threadid=70288&highlight=pegging

"Flip button"
http://elitetrader.com/vb/showthread.php?s=&postid=1055561&highlight=pegging#post1055561

Well hedged
http://elitetrader.com/vb/showthread.php?s=&postid=1002360&highlight=pegging#post1002360

Not pegging on the chart
http://elitetrader.com/vb/showthread.php?s=&postid=999257&highlight=pegging#post999257

Pegging a FTT?
http://elitetrader.com/vb/showthread.php?s=&postid=949391&highlight=pegging#post949391

Pegging the next trend
http://elitetrader.com/vb/showthread.php?s=&postid=578712&highlight=pegging#post578712

Outbid the MM's?
http://elitetrader.com/vb/showthread.php?s=&postid=539034&highlight=pegging#post539034

Pegging legal?
http://elitetrader.com/vb/showthread.php?s=&postid=108733&highlight=pegging#post108733

Pegging = annoying
http://elitetrader.com/vb/showthread.php?s=&postid=99895&highlight=pegging#post99895

Sell plus
http://elitetrader.com/vb/showthread.php?s=&postid=99542&highlight=pegging#post99542

Getting a fill first
http://elitetrader.com/vb/showthread.php?s=&postid=82721&highlight=pegging#post82721

ECN that handles pegged orders
http://elitetrader.com/vb/showthread.php?s=&postid=28052&highlight=pegging#post28052

SEC fines
http://elitetrader.com/vb/showthread.php?s=&postid=15396&highlight=pegging#post15396

Pegging allowed
http://elitetrader.com/vb/showthread.php?s=&postid=14025&highlight=pegging#post14025

 

[Ares1]

HOKU looks like it bounced near the 1.27 retracement of 8.65.

Current low of day is 8.66.

Will it reach the 9.14 target or create a new low towards the 1.618 at 8.20 first?

I was referring to fibonnaci levels on excel that I attached on this journal.

 

[Ares1]

HOKU chart:

How steep does the angle of attack be before traders view it as inexpensive?

Instead of taking a poll here at ET, I'll send out a poll for the market to vote on.

The response would most likely be either traders going long or short

 

[Ares1]

HOKU probabilities:

 

[Ares1]

I'm currently watching the QQQQ.

These are the current levels I'm watching:

48.55
47.73
46.89
45.02

 

[Ares1]

Will the QQQQ pulback to 48.67 to produce an inverse head and shoulders in the 1 minute chart?

 

[Ares1]

It looks like QQQQ decided to retrace at 0.382.

 

[Ares1]

Is it a coincidence or are traders using fibonacci levels?

Looks like QQQQ pulled back from the 1.382 retracement of 49.12 from the low.

I'm curious which level it will retrace to if I enter a new number using High of 49.12 and low of 48.49.

 

[twofacedjoker]

Quote from Ares1:

Is it a coincidence or are traders using fibonacci levels?

Looks like QQQQ pulled back from the 1.382 retracement of 49.12 from the low.

I'm curious which level it will retrace to if I enter a new number using High of 49.12 and low of 48.49.

Expecting a market to always follow the Fib levels is expecting the market to turn at every stochastic cycle. The market is irrational(popular belief but not mine), the same setups can go both ways and the only way you can beat the market is to take as little of a loss as possible. Do you know what the the casinos have as an edge?

 

[Ares1]

To Fibonacci experts reading this,

Should I stick with the 5 minute opening range levels WITH the previous day's candle levels or should I re-adjust the levels by entering new intraday highs and lows?

Here's QQQQ's 5 minute opening range that I have: