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playa.......
Your red lines suggest of a bull flag. The 60 minute S&P 500 has a hammer striking midline at the close, which also is the top of the previous wave. Things could change, but I'd wager the long side.
In the daily XAU....... look at cci14 slope of mid June, late July, early September, and mid October. At the same time an opposite slope can be drawn on the top. That configuration should prove quite a breakout, up or down, and one to watch closely. A great play is coming.
e
playa....
So........ Yer just posting application charts to a remote server and including that url to yer addition here, right?
easy <---- trying to make a decision
leading.......
single print neg. divergence in adi for Wed. close suggests it is still ugly for longs
e
Free E-Mini charts...........
for those curious about the discussions here
http://www.futuresource.com/charts/charts.jsp?s=ES1%21&o=&a=V%3A4&z=800x550&d=LOW&am...
You may need apply for a freebie account to get a decent look. But if you really want to trade for money, these babies are high horsepower trading vehicles.
e
cap........
send me a note from your prefered address.
e
playa........
I heard the mention in passing by the television, so it may be incorrect......... preseason coaches poll has UNC #3, and UK #9. Sounds like fun!
e
ya scalpin', boy? eom
gettin' sickly eom
it's slowing and gathering right where you entered eom
sonic....
the 60 min. never finished as a hammer....... wishful thinkin' on my part, i guess.
e
sonic.... 60 min. hammer? eom
i did! yer such a nice boy eom
oh yeah......
gap at 3.25 iffin it gets busy.
e
cap.........
Compression.
Find ya a line on price in the 60 or 30 minute chart you can live with; or, one I prefer, use the 60 minute cci14 divergence set data of Oct 15 and Oct 25 - a violation, especially one at or very near 0 or +100, usually means doom. If no violation occurs at those elevations, find ya a line on price.
Alvim Alpha's in 60 min chart hint of another bump up too.
e
cap.........
I just got in from a trip downtown. I'm trying to catch up on things. No trading at all today - too busy.
Should you ever want a few e-mini scalping ideas, there's a bunches here. Scalping ain't fer everyone. But I like it.
e
nope........
might be a bull triangle now (and of a greater one of a few days per lesser)....... yet my outer candle insists it's going down.
e
cap.... ya studyin' today? eom
lookin' to be..............
a near term turn in the naz 100 and s&p per 60 minute chart. the current period ain't finished yet, but it's ugly funky without some help
e
zzzzzzzz eom
sonic.....
use uo (ultimate oscillator) in its place.
e
cap.......
Ain't Man O' War the one with all the water? How many balls? (LOL) I got to thinking about that last night. Sounded like fun. Ever play the other sister? Wizard?
I'm gonna try to walk eighteen if I can get on. It's a last minute decision.
I wish I could have joined in. Myrtle golf is good. Golf with you guys is even better.
easy
sonic..........
The 13 parameter would include the last bb 50% permeation.
My mention was just a suggestion. Eventually, you may find another stock performing better using yet a third parameter.
I believe as long as you are constant in all utility an intamacy will evolve between you and your chosen parameters/chart. This intamacy will afford insight others may not ever have. Knowing your chart and developing expectancies is what it is all about. Beyond that, human emotions are the only trading elements to be conquered. And those may be the greatest quest.
Having a small collection of trusted, reliable setups means nothing unless you can manage your emotions. imo, when you accomplish this, you are about to kick the world's ass with your trading. Unfortunately, I still have my questionable periods.
easy
using adi in intraday index charts..........
adi will not afford print in intraday day charts of indices. Something that mirrors adi about 95% of the time is uo (ultimate oscillator). Use it in its place if using indicies charts during the day.
easy
another general near term exit.......
It's not concrete, like anything is, but theoritically:
If a trend is not compressing out of control bonkers-like, when a period prints 50% or more outside of bb a change in price is likely. It could be a stall or reverse. This is true in all chart durations, but especially true in daily charts. Below is a chart of cap's TGA showing these closed period prints and more single print divergence.
If you keep your money active, this could prove a productive tool. Opportunity costs are reduced.
sonic/near term exits..........
Just a couple ideas you probably know, but someone else may have interest:
If you have a position that is trending in your direction you may (sometimes) want to consider an 8ema as a guide. A period closing on the opposite side of the 8 ema is a simple guide for compressing trends (not flat trends).
I usually try to monitor adi for single print divergence. Points A and B identify two of these. In point A, price closes down from the previous period while adi closes upward in the same period. This usually signals a stall or reversal is coming. Point B is just the opposite. Price closes higher than the previous period, but adi closes down from the previous period. As you can see, trends stalled or reversed.
This is simple stuff that works. After a while, we get experience and tend to overlook the simple things.
fat daddy scan results........
no editting, no filters, for the close of October 29
ADOT Advanced Optics Electronics NASD 0.002 0.002 0.002 0.002 29878399
ATAR Atari Inc. NASD 1.350 1.520 1.320 1.500 927476
EGO Eldorado Gold Corp. AMEX 3.020 3.240 3.020 3.210 603900
ENMD EntreMed, Inc. NASD 2.090 2.270 2.010 2.160 576083
GNTA Genta Inc. NASD 2.210 2.610 2.200 2.500 2771990
GTW Gateway, Inc. NYSE 5.960 6.000 5.500 5.850 7340900
PAPO Pangea Petroleum NASD 0.007 0.008 0.007 0.008 159000
PRVB Powder River Basin Gas Corp. NASD 0.075 0.080 0.069 0.080 77020
SELA Seitel, Inc. NASD 0.840 0.930 0.830 0.930 1796441
SOLUQ Solutia, Inc. NASD 0.290 0.340 0.285 0.340 819157
Count: 10
outer candle template scan 2 results..........
absolutely no editting, no filters, for the close of October 29
BRNC Braun Consulting, Inc. NASD 2.300 2.320 2.300 2.320 12500
CBLRF Campbell Resources, Inc. NASD 0.450 0.509 0.450 0.504 19342
DAR Darling Intl, Inc. AMEX 3.770 3.960 3.750 3.910 1021200
FLWS 1-800 FLOWERS.COM, Inc. NASD 7.851 8.110 7.850 8.075 182716
HGT Hugoton Royalty Trust NYSE 27.610 28.500 27.610 28.500 90900
LVLT Level 3 Communications, Inc. NASD 3.140 3.400 3.064 3.360 8851317
MAL Malan Realty Invs, Inc. NYSE 4.920 5.190 4.800 5.190 108800
MGN Mines Management Inc. AMEX 5.500 5.940 5.500 5.701 32600
NAT Nordic American Tanker Shipping Ltd. AMEX 36.500 37.800 36.250 37.650 249900
PKG Packaging Corp Of America NYSE 21.480 22.130 21.480 21.930 393800
PMU Pacific Rim Mining Corp. AMEX 0.660 0.710 0.650 0.710 658700
PPR Pilgrim Prime Rate Shares NYSE 7.680 7.750 7.650 7.750 351200
PRAN Prana Biotechnology Ltd. NASD 3.941 4.140 3.941 4.100 12480
ROCK Gibraltar Steel Corp. NASD 22.000 23.800 22.000 23.340 454576
SELA Seitel, Inc. NASD 0.840 0.930 0.830 0.930 1796441
SFL Ship Finance Intl Ltd. NYSE 19.180 20.110 19.180 20.100 139100
TNTUE Tengtu Intl NASD 0.200 0.240 0.200 0.240 101600
XNVA Xenova Group PLC NASD 1.430 1.530 1.430 1.530 106305
Count: 18
aroon setup 2 scan results......
non-editted, no filters, for the close of October 29
AGFL American Goldfields Inc. NASD 2.940 3.000 2.920 2.980 228762
APNS Applied NeuroSolutions Inc. NASD 0.175 0.175 0.170 0.170 30212
AVII AVI BioPharma, Inc. NASD 2.320 2.640 2.160 2.250 2380411
CDIK Coronado Industries, Inc. NASD 0.070 0.085 0.067 0.085 427588
EGO Eldorado Gold Corp. AMEX 3.020 3.240 3.020 3.210 603900
GPSN GPS Industries, Inc. NASD 0.064 0.073 0.063 0.073 1661333
ICA Empresas Ica Soc Control NYSE 2.170 2.180 2.110 2.140 272600
LENS Concord Camera Corp. NASD 1.860 1.970 1.850 1.920 409687
MANU Manugistics Group, Inc. NASD 2.270 2.610 2.230 2.550 1988964
RBAK Redback Networks Inc NASD 4.110 4.550 4.110 4.510 1429935
UNWR US Unwired, Inc. NASD 2.900 3.120 2.900 3.100 2027640
Count: 11
cap.........
Patience, then courage, are probably the greatest elements to learn. More so with E-Mini's over stocks. Stocks move in slow motion in comparison. An E-Mini trade can reel off thousands of dollars in a minute or two. Being the "gunslinger" will be more important than ever.
A slightly skewed technical perspective need be observed and learned. Actually, stocks may be the one which is skewed. But at any rate, you need observe these markets for a short while before jumping in. They move a little differently. Tatics for stocks need a little adjustment for application in mini's.
I wish you luck.
Where are you guys playing? I'm walking nine this afternoon and riding eighteen Tuesday.
easy
I hope this chart shows up........
A 60 minute S&P 500 that has a bit of ominus setup to go short per outter candle template.
cap/playa.......
enjoy the games and charts...... i wish i was there.
gonna run back to the schoolhouse across town
easy
flat 1480.00 if ya don't know, ya don't know eom
balled a second short at 1480.50 eom
ball traded it would have shorted 1191.50 eom
i shorted NQZ04 per 1488.00 so far so good eom
outter candle scan list........
I wrote a scan for the outter candle template. Here are the results for the close of Thursday. I have not editted this list. I am confident some good plays are in here if ya wanna dig 'em out. I gotta work a little today.
CRUS Cirrus Logic, Inc. NASD 4.820 5.070 4.820 5.020 450967
CTTG Claremont Technologies Corp. NASD 0.580 0.720 0.570 0.720 232142
DYTK DynTek Inc. NASD 0.510 0.570 0.500 0.570 532049
FFH Fairfax Financial Holdings Ltd. NYSE 122.120 125.950 120.500 124.650 58400
FGWC 5G Wireless Communications Inc. NASD 0.011 0.014 0.011 0.013 5571042
FMTI Forbes Medi-Tech, Inc. NASD 1.870 2.070 1.870 2.000 63659
HEII HEI, Inc. NASD 1.700 1.950 1.700 1.859 16599
KOF Coca Cola Femsa Sa De Cv NYSE 19.900 20.100 19.870 20.080 346500
MAL Malan Realty Invs, Inc. NYSE 4.920 5.190 4.800 5.190 108800
SBAQ Sunburst Acquisitions IV Inc. NASD 0.065 0.085 0.065 0.080 75000
STAK Staktek Holdings Inc. NASD 3.400 3.800 3.399 3.690 197060
TCOW Tucows Inc. NASD 0.470 0.650 0.470 0.620 1320176
TRBO TurboChef Technologies, Inc. NASD 4.240 4.530 4.190 4.450 485932
WLSA Wireless Age Communications Inc NASD 0.810 0.880 0.810 0.880 21125
doji eom
indecision with lower volume......
likely means continuation.
e
i'm not sure.... better look it up, brb eom
harami at midline is bad, ain't it? eom