Welcome Msg: Welcome index futures traders and
TrendVUE.com alumni. Today's charts at www.DaCharts.com
WARNING: Any trades posted here are for educational purposes only. Don't take the trades unless you understand them and can take the risk.
(09:38 AM) Tom_B: out
(09:39 AM) Buffy_04364: long at 1480 tom?
(09:39 AM) Tom_B: no was shrt
(09:39 AM) ppusa: so far holding yesterdaay's low...i hope it doesn't go up
(09:39 AM) Buffy_04364: oh ok I just clipped a few pts long
(09:39 AM) Buffy_04364: sorry
(09:40 AM) Tom_B: ok, i had the other side of ur trade :)
(09:40 AM) ppusa: selling 78 area if it goes back down i think
(09:40 AM) Tom_B: I'm too early on shrt..ifit's going to be right ...my own mistake
(09:40 AM) ppusa: 93 area might be resis
(09:41 AM) tippet: 89/90area hold the 20ema15&30
(09:41 AM) tippet: also is pivot
(09:42 AM) ppusa: maybe someone could confirm but if it gets over 95 wednesday high i wold think it would keep going
(09:42 AM) ppusa: even over 88.5 would be bullish????????
(09:42 AM) ppusa: tuesday high
(09:43 AM) ppusa: i don't usually look at that sort of thing but i think it makes sense
(09:44 AM) ppusa: so here is HOD?
(09:44 AM) tomsurf: have a hard time being bullish below the 15min ema
(09:44 AM) tippet: hit 200ema5
(09:44 AM) Tom_B: grrr...
(09:44 AM) ppusa: i think what i am saying makes sense??????
(09:45 AM) Tom_B: i know i don't know
(09:45 AM) ppusa: es looks shortable
(09:45 AM) Tom_B: xcept i'd be shrt excpt for rept
(09:46 AM) tippet: Tom ewave guru Onischka sees 85 as 1st hrs top and if 97 holds falling prices from there
(09:46 AM) Tom_B: AGREE
(09:47 AM) Tom_B: starting to pound desk
(09:47 AM) guillermo_19: stopped out -1
(09:47 AM) ppusa: shorted and covered
(09:47 AM) Tom_B: Still hve 50 as trgt
(09:48 AM) qatwo: conf at 90.9 not exptected 98
(09:48 AM) qatwo: is out
(09:48 AM) Buffy_04364: sorry PP trying to find my computer glass.......
(09:48 AM) ppusa: consumer sentiment has leaked
(09:48 AM) Buffy_04364: hope you got your short tom
(09:48 AM) Buffy_04364: looks it
(09:48 AM) Tom_B: GRRRR
(09:48 AM) Buffy_04364: something happened
(09:48 AM) Buffy_04364: I missed it too looking for glasses
(09:49 AM) Buffy_04364: ggrrr
(09:49 AM) tomsurf: 9:45 was release time I believe...briefing.com
(09:49 AM) Tom_B: Where's the fish ?
(09:49 AM) tippet: not done with it yet
(09:50 AM) Tom_B: I'm lookng for a retrace
(09:50 AM) Tom_B: 63 shd be some supp
(09:51 AM) ppusa: if my analysis is right the HOD is in....if it goes could get good up
(09:51 AM) guillermo_19: bougt 1112 cover 1116 alt 1110
(09:52 AM) ppusa: if it goes i wold expect 1500 ish
(09:52 AM) Tom_B: I don't want a pp whine, but by jumping the gun I stpd myself 1.5 pts frm the hi out of my early shrt
(09:52 AM) Buffy_04364: nice guillermo
(09:53 AM) guillermo_19: let's see
(09:53 AM) Buffy_04364: diag caught it so far in pyra
(09:53 AM) ppusa: Tom i have done that many times early am
(09:53 AM) ppusa: keep telling myself to wait for the hook like a 1-2-3
(09:53 AM) Tom_B: Hate when that happens
(09:54 AM) Buffy_04364: not looking at es here guillermo
(09:54 AM) ppusa: yes because it costs huge in lost profits
(09:54 AM) Buffy_04364: yes sitting on hands waiting is hard still for me
(09:54 AM) Buffy_04364: happy camper found glasses LOL
(09:55 AM) Tom_B: shrt
(09:56 AM) Buffy_04364: stoch divergence
(09:56 AM) Buffy_04364: for a buy
(09:56 AM) ppusa: i would like to see a retrace the the 20 ma on the 5 or a 1-2-3
(09:56 AM) Buffy_04364: raz isn't here
(09:56 AM) Buffy_04364: hmm
(09:57 AM) alan123: 20 ema or 20 ma?
(09:57 AM) scorp: not sure raz was here yesterday
(09:57 AM) Buffy_04364: tks
(09:58 AM) ppusa: either one alan
(09:58 AM) ppusa: i think i use sma
(09:58 AM) Buffy_04364: this might be one of those sideways is stronger than retracement things
(09:58 AM) alan123: grail sale i understand
(09:58 AM) alan123: sell
(09:59 AM) Buffy_04364: testing low
(09:59 AM) Buffy_04364: hitting bos
(09:59 AM) alan123: last yr and seasonals on this day usally big down
(09:59 AM) Tom_B: 63 - 64 supp
(09:59 AM) FrankT: ES at pivot support
(09:59 AM) Buffy_04364: tks alan
(09:59 AM) Buffy_04364: triple witching then too?
(09:59 AM) alan123: day before presisdents
(10:00 AM) Tom_B: then 57 - 8 then my trgt...some day real soon :) 48-51
(10:00 AM) alan123: not sure if last yr was triplre
(10:02 AM) lionsss: on ensign anyone just get one of their charts jusy rapily blinking and then it is hard to close
(10:02 AM) Buffy_04364: do you have tick server set to disable?
(10:03 AM) Buffy_04364: that is usually the cause and you ordered an update by clicking ok on properties window
(10:03 AM) lionsss: it was a 2 min chart my tick charts are working
(10:03 AM) Buffy_04364: hmmm that isn't it then
(10:03 AM) Buffy_04364: do you have alerts on the chart that are arguing with each other?
(10:04 AM) Buffy_04364: or running an espl
(10:04 AM) Buffy_04364: just some thoughts
(10:04 AM) lionsss: I have 2 2min charts up of nq could it be that?
(10:04 AM) ppusa: i think LL
(10:05 AM) Buffy_04364: bouncing off bos pp
(10:05 AM) Buffy_04364: hmmm shouldn't be if you have saved workspace often
(10:05 AM) ppusa: went long and out
(10:05 AM) Tom_B: still shrt , grrr
(10:05 AM) Buffy_04364: pyra indicators still say down and are all below 20
(10:06 AM) Buffy_04364: bline low also
(10:06 AM) Buffy_04364: tradeable rally anyway
(10:06 AM) Buffy_04364: hmm
(10:06 AM) Buffy_04364: not focused here
(10:06 AM) Buffy_04364: brb
(10:07 AM) Tom_B: hit 57-58 trgt...hate when thathappens can't tell whether to hold or fold :(
(10:07 AM) Tom_B: trailing stp...grrr
(10:07 AM) ppusa: what is your target based on?
(10:07 AM) ppusa: SP new low
(10:08 AM) Tom_B: Fib/Gann projections
(10:09 AM) Tom_B: Of course like everything they're only potential trgts...but also Tues SWL also supp stps there
(10:10 AM) Tom_B: Kinda like a puzzle seems to fit together
(10:10 AM) ppusa: 58 was a target low
(10:11 AM) ppusa: i bot q's again
(10:11 AM) Tom_B: If i survive this rotation then i thnk i'll get it otherwise TStp hit with just change for $
(10:11 AM) ppusa: bb support here on my hour chart
(10:12 AM) ppusa: hey the 50 point PnF reversed at 60
(10:12 AM) Tom_B: Like i said yest , it's just getting the entries & exits right :)
(10:12 AM) ppusa: also 15 minute chart has a nice symmetrical slam
(10:13 AM) ppusa: PnF said bounce at that low
(10:13 AM) Buffy_04364: noticed ibm down over 6 anyone know what is going on there
(10:13 AM) Buffy_04364: tks pp
(10:13 AM) Tom_B: Now or nvr for my stp
(10:13 AM) tomsurf: think it's accounting stuff
(10:14 AM) ppusa: resistance is 66 area
(10:14 AM) ppusa: there was a little hesitation there on the way down
(10:14 AM) Buffy_04364: that isn't going to be good at all then
(10:14 AM) Tom_B: out
(10:14 AM) ppusa: get above 70 would be bullish
(10:15 AM) Buffy_04364: 1464 tos
(10:15 AM) ppusa: 6 tick reversal
(10:16 AM) Tom_B: reshrt
(10:19 AM) Tom_B: Darn Buffy 64 was my Trail BStp :(
(10:19 AM) ppusa: 6 tick reversed down and held so far
(10:20 AM) ppusa: usually goes into a sell signal but longer term PnF's could use a correction too
(10:20 AM) alan123: vxn had hit lowest low since july--no wonder we are down
(10:20 AM) Buffy_04364: for sure alan tks
(10:21 AM) Tom_B: wow
(10:21 AM) Tom_B: tnx Alan
(10:21 AM) Bob Cole: up a few points and off to work. good luck
(10:22 AM) Buffy_04364: bye bob
(10:22 AM) Tom_B: bye
(10:23 AM) FrankT: Looks like we may be in for 15 points of chop Daniel talks about...
(10:24 AM) Buffy_04364: fighting mas here
(10:24 AM) Buffy_04364: if it can get through.........
(10:26 AM) ppusa: since the low held i get a PnF buy signal at 65 which would then setup for a 6 point reversal...translated i would look for a 1-2-3 correction and test of low or new low
(10:26 AM) Tom_B: Just relieveing OS, so imho but...
(10:27 AM) Tom_B: Agree pp 65-666 is #
(10:27 AM) Tom_B: 66
(10:27 AM) ppusa: if we get there
(10:27 AM) BrainStorm: looks like we may have put a bottom in, Joe |Ross 1-2-3 if not yet completed a trader vic (5min)
(10:28 AM) ppusa: i don't really want to go long yet other than scalps
(10:28 AM) ppusa: way to early
(10:29 AM) BrainStorm: yup definately would be happier with a bo below58.50
(10:29 AM) Tom_B: Brain, maybe they heard u ?
(10:30 AM) BrainStorm: hehe I usualy make a very good contrarian indicator
(10:30 AM) Tom_B: y :(
(10:31 AM) ppusa: hit some ma's herre
(10:32 AM) Buffy_04364: just poked over 50ema on 133T
(10:32 AM) BrainStorm: hand sitting seems right at the moment
(10:32 AM) Buffy_04364: hitting the 200ema on 30T
(10:32 AM) Buffy_04364: did hit
(10:33 AM) Buffy_04364: rsi is picking up on pyra but all other indicators below 20
(10:33 AM) Buffy_04364: me too brainstorm
(10:33 AM) sb17: buffy...what's you main time frame for trading B-Line?
(10:34 AM) Buffy_04364: I watch the setups on the 133T and 2M
(10:34 AM) tippet: looks like we could get a kissback of 60min broken trendline now from below...so close here
(10:34 AM) Buffy_04364: trade 55T or 30T
(10:34 AM) Buffy_04364: also have 89T up
(10:35 AM) ppusa: hitting 50 bar ma on 1 min
(10:35 AM) sb17: so is...133T and 2M your "big picture"?
(10:35 AM) sb17: How many ticks in a minute?
(10:35 AM) Buffy_04364: yes
(10:35 AM) Buffy_04364: but don't forget I have pyra 4m up too for that
(10:36 AM) ppusa: i would like to short arond 70 or buy a new low
(10:36 AM) tippet: kissback nearing completeion also gonna hit 20ema3
(10:36 AM) Buffy_04364: tks tippet
(10:36 AM) Buffy_04364: how you been doing tippet?
(10:36 AM) tippet: posted
(10:36 AM) ppusa: look at 15 min chart...broke a shelf...need to consolidate between here and the break i think
(10:37 AM) tippet: good however with more than my share of fish slaps thanks
(10:37 AM) Buffy_04364: nice chart tipped
(10:37 AM) Buffy_04364: LOL
(10:37 AM) tippet: LS
(10:38 AM) Tom_B: moment of truth hre
(10:38 AM) alan123: maxiamum pain on qqq is 38
(10:39 AM) ppusa: that looks like a very flat 5 wave correction
(10:39 AM) Tom_B: Still shrt, fish in hand
(10:39 AM) BrainStorm: hindsight is a wonderful think 64 would have made a nice scalp short
(10:39 AM) ppusa: yikes high of the current hour and i missed it
(10:39 AM) ppusa: need to assign that to someone
(10:41 AM) ppusa: what is max pain????
(10:41 AM) tippet: tom short from where
(10:41 AM) Tom_B: 59...blew 2 good shrts this morn...
(10:42 AM) tippet: someone feel free to correct but my understanding is level at which options expire worthless...thats mm goal
(10:42 AM) ppusa: mm???
(10:42 AM) tippet: hit it yst
(10:42 AM) BrainStorm: same tom...though flat from where this chop started
(10:42 AM) Buffy_04364: market maker
(10:42 AM) alan123: yes worthless
(10:43 AM) ppusa: that's what max pain is?
(10:43 AM) ppusa: es is still recovering
(10:43 AM) alan123: yes most players lose selelrs make
(10:43 AM) tippet: or that feeling u had as kid under pig pile
(10:43 AM) Tom_B: working off a W:4 in the timeframes i watch but can rotate higher bofore dwn...my trde location is not good...
(10:43 AM) Buffy_04364: LOL
(10:43 AM) tippet: broken trendline holding as resis
(10:43 AM) ppusa: maybe just had it's last gasp
(10:44 AM) Tom_B: Still see 50 in the cards, some time
(10:44 AM) ppusa: i think short now
(10:44 AM) Buffy_04364: no clear direction here imo
(10:44 AM) ppusa: i'm not taking this but
(10:44 AM) tippet: 3min smax gonna sell?
(10:45 AM) FrankT: ES and NQ divewrgent
(10:45 AM) ppusa: kinda low in the bollinger band
(10:45 AM) Buffy_04364: tks frank
(10:45 AM) Buffy_04364: trinq rising
(10:45 AM) tippet: yur right unless continuationnnnnnnnnnnnnnnnnnnnn
(10:46 AM) tippet: SOX under 560
(10:46 AM) Buffy_04364: below bos and now a time line
(10:46 AM) FrankT: More than 6 bars so not cont anymore...
(10:46 AM) ppusa: was continuation i think was continuation at 61
(10:47 AM) ppusa: here is to far down in bb
(10:47 AM) Buffy_04364: nice ib on hourly right pp?
(10:48 AM) Buffy_04364: tippet you name your charts well
(10:48 AM) Buffy_04364: tks
(10:48 AM) ppusa: not any more
(10:48 AM) tippet: thnks
(10:48 AM) BrainStorm: are many actively trading / following retro still ?
(10:48 AM) ppusa: that was a no brainer sell at 63 if you had the patience to wait for all the sideways
(10:48 AM) tomsurf: ES and NQ going diff. directions
(10:49 AM) Tom_B: Less Brains/Better Trading
(10:49 AM) tippet: broken trenline now hard resis imo
(10:49 AM) ppusa: yeap
(10:49 AM) Buffy_04364: nvidia and ibm both accounting problems
(10:49 AM) ppusa: es is not confirming this so far which means when it finally breaks...yikes
(10:49 AM) tippet: next week who will it be ... gonna become a plague
(10:49 AM) dave_b_quik: they got enronned?
(10:50 AM) Buffy_04364: nvidia under investigation including insider trading
(10:50 AM) dave_b_quik: that's a new verb i heard on the news
(10:50 AM) Buffy_04364: ibm is a one time profit used to offset operating according to WSJ
(10:51 AM) Buffy_04364: LOL of course - wonder if in next dictionary
(10:51 AM) tippet: 47 62% retrace 2/08
(10:51 AM) Buffy_04364: LOL
(10:51 AM) Buffy_04364: hi dave
(10:51 AM) Buffy_04364: bline still below 20 on 2M
(10:52 AM) p_8: if they dig hard enough, will find many fortune 1000 have some accounting problems of some sort.
(10:52 AM) ppusa: major divergence es and nq
(10:52 AM) ppusa: es making new recovery high
(10:52 AM) ppusa: be careful short side
(10:53 AM) p_8: y es is definitely not cooperating..
(10:53 AM) Buffy_04364: big problem is if people can't trust company's figures what arethey going to do? Not invest anymore? Turn to TA?
(10:53 AM) p_8: huge up bar
(10:53 AM) ppusa: es has got to stop going up or this is the am low
(10:53 AM) BrainStorm: cable & wireless had a bit of a hit here in the Uk due to accounting practices....they came clean but there staement said all firms did off balance sheet accounting
(10:53 AM) Tom_B: out
(10:53 AM) Buffy_04364: tks brainstorm
(10:54 AM) ppusa: almost bought that low too
(10:54 AM) Tom_B: SMAX Buy ?
(10:54 AM) p_8: from irrational exuberance to irrational fear and the media just add fuel to the fear with continuous accounting problem news,
(10:54 AM) Buffy_04364: rsi divergence on it in pyra but still sitting on hands
(10:54 AM) Buffy_04364: looks it tom with divergence there too
(10:54 AM) ppusa: es is making a run at it's HOD????????
(10:54 AM) scorp: Dow 10,000
(10:55 AM) Buffy_04364: wonder if they wantthat there for the 3 day weekend
(10:55 AM) ppusa: we b rallying
(10:55 AM) tippet: up to the 50% retrace level bouncng around fib levels off 2/08
(10:55 AM) ppusa: 20 ma here on 5 minute
(10:56 AM) Buffy_04364: not yet pp IMO but watching for buffy bounce on 89T
(10:56 AM) Buffy_04364: brb
(10:56 AM) Tom_B: same here, cud still be a shrt
(10:56 AM) tippet: es now kissback to broken uptrendline off 2/08 lo
(10:56 AM) tippet: if es collapses here looking good for short
(10:57 AM) ppusa: es pulling back now but i think we may be in buy mode for awhile
(10:57 AM) Tom_B: i'm confused but still shrt minded , :)
(10:58 AM) ppusa: why confused?
(10:58 AM) ppusa: 60.5 high of this 15 min bar
(10:58 AM) ppusa: i should go long
(10:59 AM) ppusa: if it breaks
(10:59 AM) tomsurf: ES rallies 4.5 pts and NQ 3pts...NYSE ticks over 1000... boy 2 different markets this am
(10:59 AM) ppusa: anyway the 5 is hitting the 20ma now
(11:00 AM) Tom_B: Prob is evrything says DWN here xcpt...rotation potential
(11:00 AM) ppusa: couldn't nq go take out the high ?
(11:00 AM) tippet: es hanging on 20ema5
(11:00 AM) ppusa: come back later?
(11:02 AM) ppusa: daily pattern on nq is a lot weaker than dow and sp
(11:03 AM) sb17: Buffy...i put B-line on 133T and 55T...interesting
(11:03 AM) BrainStorm: not sure Im with the plot still...looks like that blip was a false bd from the consolidation that started at 10 ?
(11:05 AM) ppusa: my opinion is we have sold off far enough this am
(11:05 AM) ppusa: consolidate or higher for awhile
(11:06 AM) Buffy_04364: it is isn't it sb
(11:07 AM) BrainStorm: B-line ?
(11:07 AM) Buffy_04364: so watching very closely
(11:07 AM) sb17: Buffy...just wish I understand more about B-Line now so i could interpret it better
(11:08 AM) Tom_B: Still sell mode
(11:08 AM) Buffy_04364: did you read the stuff at the website?
(11:08 AM) Buffy_04364: yep short off ib
(11:08 AM) Tom_B: runing out of time this shld be last stab for a bit, imvho
(11:08 AM) Buffy_04364: on the 89T see how the longer term stoch didn't follow the rise in short term?
(11:09 AM) Buffy_04364: usually says trend still going down
(11:09 AM) Buffy_04364: maybe an arc?
(11:09 AM) Buffy_04364: 1449 bos
(11:09 AM) hanksterr: 1111 is 200ma on es 30 min
(11:09 AM) Buffy_04364: tks hank
(11:09 AM) p_8: clunk
(11:09 AM) sb17: Buffy...yes, read all website stuff, but still need some clarification
(11:10 AM) Buffy_04364: ok
(11:10 AM) Buffy_04364: did you see what I was talking about on the 89T
(11:10 AM) BrainStorm: is this on dacharts buffy ?
(11:11 AM) Buffy_04364: http://www.dacharts.com/buffy/template.htm
(11:11 AM) sb17: Is 89T your long or short-term time frame?
(11:11 AM) sb17: Did your template get updated?
(11:11 AM) Tom_B: need da spike
(11:13 AM) Tom_B: This is da time 4 it
(11:14 AM) QSuzy: buffy....does it look like 11:10 bar on 4min pyra might be a reanchor?
(11:16 AM) cctraderx: well tell us........
(11:16 AM) Buffy_04364: on phone with daughter out in ny
(11:16 AM) ppusa: buy divergence
(11:16 AM) ppusa: 5 min stoch
(11:16 AM) Tom_B: y, pp
(11:16 AM) ppusa: i think up
(11:16 AM) Tom_B: 51 is too close to trgt frm yest
(11:17 AM) ppusa: i just don't feel there is a lot left in downside but until the 20 ma shapes up i don't like being a bottom picker
(11:17 AM) Tom_B: Still bearish here
(11:18 AM) Tom_B: but if this hlds cud rally to 65 & still go dwn (?)
(11:18 AM) ppusa: smax is in lower bb too
(11:18 AM) active50001: hello every body
(11:18 AM) tippet: pp are u talking about today's downside or for shortterm
(11:18 AM) active50001: how r uall
(11:18 AM) ppusa: normally PnF pattern here says up
(11:18 AM) active50001: i am here to find somone intrested in real buz
(11:18 AM) QSuzy: buffy....did you see my pyra question?....possible reanchor?
(11:18 AM) ppusa: are they the same tippet?
(11:19 AM) active50001: who is intrested in buz in Middle East?
(11:19 AM) tomsurf: active- most are real busy now
(11:19 AM) Tom_B: active: no one here..this is a working, trading room
(11:20 AM) active50001: you mean all in the room are busy
(11:20 AM) tomsurf: yes
(11:20 AM) ppusa: yes
(11:20 AM) Tom_B: yy
(11:20 AM) p_8: yes
(11:20 AM) active50001: oh i seee thanks i misunderstood the title
(11:20 AM) Tom_B: bye
(11:20 AM) active50001: thanks fr help
(11:20 AM) active50001: bye
(11:20 AM) tomsurf: no problem, have a good day
(11:21 AM) Tom_B: I sure learned a LOT today :)
(11:22 AM) ppusa: maybe that's why we get all the foreigners in here. need to change the room name
(11:22 AM) Tom_B: Patience on my initial entry made the diff bet + $ 400 & bubkus
(11:22 AM) ppusa: another new low 3rd hump?
(11:23 AM) tomsurf: TomB- good point- if the wind is at your back, can be patient
(11:23 AM) Tom_B: Think new lows to come , prob now is da chop
(11:23 AM) p_8: I think most people misunderstood the word emini, pp
(11:24 AM) ppusa: traders
(11:24 AM) p_8: y, that too
(11:24 AM) dave_b_quik: those spammers just go in every room on the list
(11:24 AM) ppusa: trade for carpets
(11:25 AM) dave_b_quik: i remember the carpet salesman
(11:25 AM) Tom_B: There HAS to be a load of sell paper uner 50....needs to get there, imho
(11:25 AM) tippet: do some mkts close early today???
(11:25 AM) ppusa: remember 40 was a big number
(11:25 AM) Tom_B: not ourss
(11:26 AM) Tom_B: all stil south but how do u get trde location ?
(11:26 AM) Tom_B: all ind
(11:28 AM) sb17: NO TALKING IN HERE, BUDDY
(11:28 AM) tippet: is there a full moon or something ....gawd....
(11:28 AM) sb17: ha ha tippet
(11:28 AM) Buffy_04364: it could be suzyq but not ideal so not goingto
(11:28 AM) Buffy_04364: I wait for the perfectoneslike postedat website
(11:29 AM) Buffy_04364: daughterhas me on hold
(11:29 AM) Tom_B: grrr
(11:30 AM) tippet: 5min chart showing nice buy diver
(11:30 AM) Buffy_04364: back on phone
(11:30 AM) tippet: but
(11:30 AM) ppusa: double bottom
(11:31 AM) tippet: poke of downtrendline on 3min,..rule of4?
(11:31 AM) QSuzy: tx buffy..
(11:32 AM) tippet: pp what does that tell u??
(11:35 AM) ppusa: sitting on hands here
(11:36 AM) ppusa: i have overextended longer term PnF sono sell but no reason to buy yet
(11:36 AM) ppusa: that's all i know
(11:39 AM) tippet: can someone confirm trinq i have it at 4.51
(11:39 AM) qatwo: yep
(11:40 AM) tippet: thanks
(11:40 AM) p_8: institution unloading big time
(11:41 AM) qatwo: well not much vol
(11:41 AM) Tom_B: This is a time/price trgt zone
(11:41 AM) Tom_B: anythng poss, but this where I WAS SUPP TO XIT, GRRR
(11:41 AM) p_8: true, vol is lame
(11:42 AM) tippet: as much as i'm pretty bearish 5min chart has nice diverg and falling wedge pattern
(11:44 AM) Tom_B: Slapping self with Frozen Fish
(11:44 AM) ppusa: if 1/3 of what i think is correct that was a buy
(11:44 AM) ppusa: i went long and out
(11:44 AM) ppusa: should hold this
(11:44 AM) Tom_B: y, pp for CT TRde
(11:44 AM) ppusa: go on record like yesterday as saying this is a keeper
(11:45 AM) ppusa: right CT trade
(11:45 AM) tippet: breaking out of wedge
(11:45 AM) Tom_B: Like swimming up stream
(11:46 AM) tippet: definatly against trend
(11:46 AM) Tom_B: Might be a lot of bears waiting to feed.. :)
(11:46 AM) ppusa: yea no buy sign yet
(11:47 AM) ppusa: but if we ever get one i think it's a keeper
(11:48 AM) ppusa: maybe i am to bounce bullish but not going to change my mind the lower we go
(11:48 AM) Tom_B: My longer trm analysis ..subj to ERROR :)...sugg all aloong that prev rally was correction to dwntrnd...remember no vol going up...so this IS da trnd
(11:48 AM) ppusa: i would agree to that
(11:48 AM) ppusa: based on daily
(11:48 AM) tippet: agree Tom...want to see resumption of overall correction
(11:49 AM) p_8: trinq hasn't been this high since April last hear, plz correct me if i am wrong.
(11:49 AM) Tom_B: Prob is tipp will we get another leg up or DWN ??
(11:50 AM) Tom_B: This is only W:3 Dwn of this leg , so far which means a Pbk & then another shrtng opp for a test of low before another bigger corr
(11:51 AM) tippet: leg up to new highs -no dont see it .. even losing faith in gettng any retrace of this move down
(11:52 AM) tippet: thnk yest hod will hold for a while
(11:52 AM) Tom_B: I hve this as pretty good supp for a bounce but i wudn't buy it..if this goes could extnd this w:3 which can be very dynamic..
(11:52 AM) ppusa: trend is steep down no question
(11:53 AM) Tom_B: I"m waiting 4 a SWL to come up with a retr trgt...
(11:54 AM) Tom_B: Hvn't noticed a lot of buyers lined up hre..
(11:55 AM) ppusa: just one
(11:55 AM) Tom_B: u ?
(11:55 AM) ppusa: y lined up
(11:55 AM) sb17: he's ignored
(11:55 AM) Tom_B: in ?
(11:55 AM) ppusa: bo way
(11:55 AM) tippet: buy diver wearing off
(11:55 AM) ppusa: no
(11:56 AM) ppusa: just lined up
(11:56 AM) Tom_B: thought u were getting ur cowboy outfit on...
(11:56 AM) ppusa: trend is major down
(11:57 AM) ppusa: and i have 40 in mymind but i sure didn't think they would do it in one go
(11:57 AM) Tom_B: I may hve to strt recalc trgts
(11:58 AM) Tom_B: But we r hre now...
(11:58 AM) ppusa: look 14 humps...time to buy
(11:58 AM) Tom_B: that's a herd of camels
(11:58 AM) ppusa: haha
(11:58 AM) tippet: NAZ hits 62% retr of move off 2/08
(11:59 AM) Tom_B: 40 is nxt 3
(11:59 AM) Tom_B: #
(11:59 AM) ppusa: i wanna buy...........wwwwaaaaahhhhhhh
ppusa: right here right now
(11:59 AM) tippet: 38 is 71% on nq 30is 79%
(11:59 AM) ppusa: but i ain't gonna
(12:00 PM) Tom_B: Anybody shrt frm early this morn ?
(12:00 PM) ppusa: or yesterday?
(12:01 PM) tippet: y short the $$$ we would've made from holding
(12:01 PM) Tom_B: lol
(12:01 PM) tomsurf: tip- good one lol
(12:02 PM) tippet: chimp made us look like chumps
(12:02 PM) Tom_B: Amazing to hve one of these lined up & STILL drop the ball :(
(12:03 PM) ppusa: yea
(12:03 PM) ppusa: es is still holding
(12:06 PM) Tom_B: Smells like Eow 5:3 so maybe (?) some retr now
(12:07 PM) ppusa: i can't believe i haven't bought
(12:07 PM) ppusa: usually i am in and buried by now
(12:08 PM) ppusa: in
(12:08 PM) Tom_B: i pers wudn't buy it...for free
(12:08 PM) ppusa: yeehaaaa
(12:08 PM) Tom_B: cowboy
(12:08 PM) ppusa: es up
(12:09 PM) ppusa: i got my spurs
(12:09 PM) ppusa: on
(12:09 PM) ppusa: yikes
(12:09 PM) ppusa: for sale...used nq contract,,,,cheap
(12:10 PM) ppusa: out
(12:10 PM) Michaelaf: lol
(12:10 PM) tippet: TRINQ has been shouting all day "HOLD ALL SHORTS"
(12:11 PM) donsuelo: 3/10 oscillator on daily strongly suggests a retest of 2-08 lows
(12:15 PM) p_8: the consumer data really spooked the market
(12:15 PM) ppusa: long again
(12:16 PM) ppusa: wow a 3 point reversal
(12:17 PM) Tom_B: ADX PINNED on most TF's
(12:18 PM) Tom_B: If this little SWL holds then will FINALLY be able to project a retr level
(12:20 PM) ppusa: trying to sell 1 at 43.5
(12:21 PM) ppusa: out one
(12:21 PM) ppusa: should stop the other i guess at lod
(12:22 PM) ppusa: higher swing high es
(12:23 PM) drusky_1: Hola,buenas late to everyone the of the sala.Espero which tengais one good trip and os him pass well done.
(12:26 PM) ensign_1: full moon?
(12:26 PM) Buffy_04364: bar12:14 reanchor
(12:26 PM) Buffy_04364: back in about 10M
(12:26 PM) Tom_B: if i was scalping...shrt hre ttmar
(12:27 PM) Buffy_04364: could still go sideways for a while
(12:27 PM) Tom_B: y
(12:28 PM) jimbo_320: 9900 dow close ?
(12:28 PM) Tom_B: purse snatch trade :) , urban thinking
(12:29 PM) Tom_B: time to runnnnn
(12:29 PM) jimbo_320: nq certainly aint propping up market#
(12:30 PM) ppusa: looks good here
(12:31 PM) ppusa: stop at lod on 2nd
(12:31 PM) ppusa: up 15 min bar shold help a bit
(12:32 PM) Tom_B: 50 ish nxt # to consider
(12:33 PM) jimbo_320: retro must be up about 30 points
(12:34 PM) ppusa: stop to b/e plus cost = 42
(12:35 PM) ppusa: PnF here says 3 point reversal due
(12:35 PM) ppusa: stop at 41 40.5 plus cost
(12:35 PM) pender: rule of 4 , 3 min
(12:38 PM) ppusa: this is the first 15 min up bar...usually have a 1-2-3
(12:38 PM) ppusa: so oversold i have to go with the stop
(12:39 PM) BrainStorm: I have 2 x 15 min up bars ?
(12:40 PM) Tom_B: Thnk this w:4 retr, not sure hw much retr
(12:41 PM) Tom_B: watchng humps
(12:41 PM) BrainStorm: which time frame tom ?
(12:41 PM) ppusa: gonna take a little siesta w/ stop in...give me a shout if you want my attention
(12:41 PM) Tom_B: 1m for hmps
(12:42 PM) BrainStorm: wave 4 on 5min ?
(12:42 PM) Tom_B: wrkng on it
(12:44 PM) Tom_B: not ready to scalp it frm shrt side but watching it
(12:44 PM) Tom_B: wud like to see 50ish
(12:47 PM) Tom_B: had sell but not enough room for good R/R
(12:48 PM) BrainStorm: interesting if you draw a fib on the first swing the last low (lod) is at -62%
(12:49 PM) Tom_B: hmmm
(12:49 PM) BrainStorm: dont really trade of fib but uncanny how often the pivots match
(12:51 PM) Tom_B: MAny tools give same ultimate result
(12:51 PM) BrainStorm: of course its easy to fit stuff restrospectivly too
(12:51 PM) Buffy_04364: tks tom nice solution
(12:52 PM) Tom_B: HW does that happen Tom ?
(12:52 PM) tomsurf: I think so...pretty screwy situation
(12:52 PM) tomsurf: 2 gold medals...French judges score was thrown out.
(12:53 PM) Tom_B: Glad to hear it thou
(12:53 PM) Tom_B: though
(12:54 PM) tomsurf: believe it's onlt the second time in history that it's been done.
(12:54 PM) Tom_B: didn't know it happened before
(12:55 PM) tomsurf: yes, I forget the Olympics it was done at though.
(12:56 PM) Tom_B: wud like to see another upswng here
(12:57 PM) tomsurf: Buffy- been meaning to say that Howards work on the upgrades looks Great!
(12:57 PM) dave_b_quik: ya, i'm looking forward to those new features
(12:57 PM) Tom_B: Agree
(12:57 PM) tomsurf: dave- :-)
(12:57 PM) Buffy_04364: sure does and hope it is getting beta tested soon
(12:58 PM) BrainStorm: whats in the pipeline ?
(12:58 PM) Buffy_04364: has he been stopping by with an update at all?
(12:58 PM) Tom_B: ck yest folder under ensign..
(12:58 PM) Tom_B: no reg folder
(12:58 PM) BrainStorm: thnks
(12:59 PM) Buffy_04364: he is making the properties window uniform with all drawtools and studies
(12:59 PM) Buffy_04364: many many options available or will be - over 70 markers now too
(12:59 PM) Buffy_04364: closes have all been below bos
(12:59 PM) Buffy_04364: no tos
(12:59 PM) Buffy_04364: hmmm
(01:00 PM) Buffy_04364: waiting and watching
(01:00 PM) Buffy_04364: trinq is high
(01:00 PM) Buffy_04364: time line
(01:01 PM) Buffy_04364: raz has been known to put it on
(01:01 PM) Tom_B: hve 45 sell 35 trgt...i'm not in ti
(01:02 PM) Tom_B: n o confidence in trgt
Paltalk: An Instant Dating session has just started. If interested, come join one of the lobbies in the Instant Dating catg now.
(01:04 PM) Buffy_04364: this has to be higher low or we are going down to bos
(01:04 PM) Buffy_04364: restest
(01:05 PM) Buffy_04364: thoughts anyone?
(01:05 PM) Tom_B: where's BOS ?
(01:05 PM) Buffy_04364: trinq rising tick falling
(01:05 PM) Buffy_04364: reanchored on last swinglow tom
(01:05 PM) Buffy_04364: 1439
(01:06 PM) Tom_B: tnx
(01:06 PM) Buffy_04364: 12:14 bar
(01:06 PM) tippet: kissback of broken trenline 3min?
(01:06 PM) BrainStorm: agree buffy
(01:07 PM) Buffy_04364: if it does test low - gartley?
(01:07 PM) scorp: i should really trade those reanchors
(01:07 PM) Buffy_04364: butterfly?
(01:07 PM) Buffy_04364: the ideal ones yes scorp
(01:07 PM) BrainStorm: any turn here would look like short term bottom but failed re-test and its deeper and down
(01:07 PM) Buffy_04364: not the wishy washy ones
(01:07 PM) tomsurf: SOX lloking to put in HL
(01:07 PM) tomsurf: we'll see
(01:08 PM) Tom_B: I've got supp hre 35-40 then 25-26
(01:09 PM) ppusa: stopped out
(01:12 PM) ppusa: still doesn't look to bad here
(01:12 PM) Tom_B: This da test before some shrt cvrng ?
(01:12 PM) ppusa: i think that swing low of 42 was a target
(01:12 PM) ppusa: 41.5
(01:13 PM) ppusa: shoulda had stop at low i guess
(01:13 PM) Tom_B: SMAX CONTIN LNG ?
(01:14 PM) tomsurf: no life in the market
(01:15 PM) Tom_B: lng 45, ttmat
(01:16 PM) scorp: what is ttmar?
(01:16 PM) tippet: overall 15+ema's still say down 20ema5 46.5
(01:18 PM) Tom_B: NowI'm da fish
(01:19 PM) ppusa: ><00000>
(01:19 PM) BrainStorm: maybe a bit of a pennant forming
(01:19 PM) Tom_B: I still thnk 50's wud be it
(01:19 PM) BrainStorm: wedge rather ...whatever...triangular thingy
(01:19 PM) ppusa: i bot q's that i am still in here
(01:19 PM) ppusa: waiting for a big pop to sell them
(01:20 PM) BrainStorm: on the other hand might just be listless
(01:21 PM) Tom_B: Not a smart trde i'm CT & looking for the locals to push to get some stps to shrt agn...
(01:21 PM) Buffy_04364: no volumefor sure
(01:21 PM) Buffy_04364: :-(
(01:21 PM) BrainStorm: I hate this volume
(01:22 PM) Buffy_04364: 1450 is cross of diag tom
(01:22 PM) BrainStorm: probably sa much as listles price action
(01:22 PM) Tom_B: tnx
(01:23 PM) Buffy_04364: 1442.76 si cross below price
(01:23 PM) Tom_B: out
(01:23 PM) Buffy_04364: si =is
(01:23 PM) Tom_B: -1.5
(01:24 PM) Tom_B: DAA
(01:24 PM) Tom_B: Going to Freezer for another Frozen fish
(01:25 PM) Buffy_04364: scorp one t on tmar is take the money and run
(01:25 PM) Buffy_04364: don't know two ts
(01:25 PM) ppusa: not much to do is ya missed the am sell imo
(01:25 PM) ppusa: is=if
(01:25 PM) Tom_B: if that was me it was a typo but it cud mean take the $ & run, twit :)
(01:26 PM) Buffy_04364: LOL
(01:26 PM) Tom_B: LOL
(01:26 PM) Buffy_04364: no higher high not good
(01:26 PM) Buffy_04364: hmm
(01:26 PM) Buffy_04364: pennent? wedge?
(01:26 PM) ppusa: cd labels?
(01:27 PM) Tom_B: Buff do u sell a breake of BOS ?
(01:27 PM) BrainStorm: definately looking like things are compressing up to me
(01:28 PM) p_8: triangulating
(01:28 PM) BrainStorm: pennet wedge traingular thingy
(01:29 PM) pender: Buffy, what's Google's talk going to be about?
(01:29 PM) Buffy_04364: don't know pender
(01:29 PM) Buffy_04364: not on website either just that she is going to talk
(01:29 PM) Buffy_04364: should be more patterns though
(01:29 PM) tomsurf: also think talk about Fibs as well
(01:29 PM) Buffy_04364: I am looking forward to it as getting better and better spotting those things
(01:29 PM) pender: Love surprizes :-)
(01:30 PM) Buffy_04364: really want to go long but sitting on hands waiting so I don't jumpthe gun
(01:30 PM) Buffy_04364: ib 60M
(01:30 PM) ppusa: ib 60 min
(01:30 PM) BrainStorm: google is talking this pm ?
(01:30 PM) Buffy_04364: LOL
(01:30 PM) tippet: consolidation at bottom of trend - down trend - looking for break to 79% fib 29area
(01:30 PM) Buffy_04364: monday at 11est
(01:30 PM) Buffy_04364: whenmarket is closed
(01:31 PM) Buffy_04364: if this fails in pyra it could reallyget ugly if I remember right
(01:31 PM) BrainStorm: traingles tend to be continuation if I rembre my Edwards & Cgee correctly ?
(01:32 PM) ppusa: is suppose in hindsight it's gonna be a shoulda stayed short day but gee whiz
(01:32 PM) hanksterr: this could be a classic negative noon balloon day
(01:32 PM) tippet: y
(01:32 PM) ppusa: only PnF chart working here is 6 point
(01:32 PM) ppusa: reverse and down, reverse and down
(01:32 PM) tomsurf: hank- ??
(01:33 PM) BrainStorm: of course being friday maybe none of the pros will bother coming back from lunch having done there bussines this am ?
(01:34 PM) Buffy_04364: so true brainstorm esp with the 3 day weekend
(01:34 PM) dave_b_quik: buffy, did you hear SB?
(01:34 PM) dave_b_quik: asked about doing some B-line tomorrow AM
(01:35 PM) Buffy_04364: nope didn't hear a thing
(01:35 PM) Buffy_04364: tksdave
(01:35 PM) Buffy_04364: sure tomorrow works fine
(01:35 PM) Buffy_04364: what time
(01:35 PM) sb17: name your time...in AM
(01:35 PM) Buffy_04364: just turned speakers up
(01:35 PM) Buffy_04364: hmm
(01:35 PM) Buffy_04364: 9?
(01:35 PM) Buffy_04364: est?
(01:35 PM) Buffy_04364: what time zone you in?
(01:35 PM) sb17: central time
(01:35 PM) Buffy_04364: that too early then
(01:36 PM) sb17: how about 9 central, 10 eastern
(01:36 PM) Buffy_04364: will be on so whenever
(01:36 PM) Buffy_04364: k
(01:36 PM) Buffy_04364: that works
(01:36 PM) sb17: ok...9 central time...see you then
(01:36 PM) hanksterr: tom a neg noon balloon is when the 1:30 est close is lower than the 1:00 est close
(01:36 PM) Buffy_04364: tks hank
(01:36 PM) QSuzy: buffy.....count me in....great idea, sb....and tx buffy!
(01:36 PM) sb17: bye
(01:36 PM) hanksterr: u r very welcome buffy
(01:36 PM) Buffy_04364: the more the merrier
(01:37 PM) BrainStorm: Id love to be there but have a lunch date appointment then
(01:37 PM) Buffy_04364: get asked more ?s
(01:37 PM) hanksterr: levin daughter is still sick
(01:37 PM) tomsurf: hank- thank you. Does it have any predictive value?
(01:37 PM) Buffy_04364: tks hank was wonderingaboutthat
(01:37 PM) hanksterr: I am worried about her
(01:37 PM) Buffy_04364: haven't heard from him for a few days and he said she wasn't any better then
(01:37 PM) Buffy_04364: ditto hand
(01:37 PM) Buffy_04364: hand=hank
(01:38 PM) Buffy_04364: it has to be hard on him
(01:38 PM) Buffy_04364: she got sick last week of January Ithink
(01:38 PM) hanksterr: tom it it usually good for +6 sp points
(01:38 PM) hanksterr: I have been trying to help him, my wife is a super nurse
(01:39 PM) Tom_B: so 12 pt brk in NQ Hank ?
(01:39 PM) Buffy_04364: great hank!
(01:39 PM) Buffy_04364: sure seems like docs missing something and are now treating the symptoms to me
(01:39 PM) tomsurf: hank- thx for the info. Had never read or heard about that one ;-)
(01:40 PM) hanksterr: nurses know much more about certain areas than the doctors, very scary stuff goes on
(01:40 PM) Tom_B: tnx
(01:41 PM) Buffy_04364: on phone
(01:44 PM) ppusa: above 20 ma on 1 min
(01:50 PM) Tom_B: shrt
(01:53 PM) p_8: can go SAR if the short fail
(02:00 PM) Tom_B: hldng bot of supp zone34.5 , grrr
(02:00 PM) Buffy_04364: bk
(02:00 PM) Buffy_04364: hmmm not good I see
(02:01 PM) Tom_B: shooting for 25-6
(02:01 PM) tippet: 29 target 79%
(02:01 PM) BrainStorm: still much indescision (on my part too)
(02:01 PM) Tom_B: tipp 29, tnx
(02:01 PM) tippet: goood short T
(02:01 PM) Buffy_04364: 5.29 for trinq
(02:02 PM) tomsurf: no doubt most the volume is on the sell side...but no real volume today
(02:02 PM) Tom_B: age old ques, hld or fold ?
(02:03 PM) tippet: comp gonna try and hold 1800?
(02:03 PM) BrainStorm: 39 new resistance ?
(02:03 PM) ppusa: scalp
(02:04 PM) p_8: buffy, haven't seen trinq that high during the day for a long time
(02:04 PM) Buffy_04364: true p_8
(02:04 PM) Tom_B: out +1 :(
(02:06 PM) ppusa: does that look like a wave 5 low?
(02:06 PM) Buffy_04364: it has a arc ino
(02:06 PM) Buffy_04364: ino=imo
(02:06 PM) Buffy_04364: 2m
(02:06 PM) ppusa: still in q's
(02:07 PM) ppusa: have to admit i missed the LOD though
(02:07 PM) Tom_B: pp, don't know hw many know where that really is ...
(02:08 PM) BrainStorm: lod may not be in yet:)
(02:08 PM) ppusa: well in your support Tom, the ma's are in sharp decline
(02:08 PM) ppusa: 40 was my target so i bot there
(02:09 PM) Tom_B: Cud be but it's only a ptof ref...always can become new res...like 50
(02:09 PM) ppusa: well i may have to trade them around like last time
(02:10 PM) ppusa: resis here
(02:10 PM) ppusa: 50 bar ma on 1 min
(02:10 PM) ppusa: break 42 AND STAY ABOVE haha and will look good long>
(02:12 PM) ppusa: doesn't look to bad again
(02:12 PM) ppusa: short covering time
(02:13 PM) p_8: wonder if grail seller will show up on 5min chart
(02:13 PM) ppusa: one final drop for floor traders to scoop up contracts and now run it up
(02:13 PM) BrainStorm: 5min coming up to meat the 20ema
(02:13 PM) BrainStorm: meat = meet :\
(02:14 PM) ppusa: i have it at 42
(02:14 PM) GLITVAK: BUY TERN
(02:14 PM) tippet: hit it and upper trendline to triangle
(02:16 PM) Tom_B: Trapped in supp band, hmmm
(02:18 PM) Tom_B: Trnd Dwn, retr Weak... Yuck...hw can u sell without a decent rally ?
(02:18 PM) BrainStorm: 40 is fib projection from the opening swing
(02:18 PM) Buffy_04364: tks
(02:19 PM) ppusa: brain based on?
(02:19 PM) ppusa: higher low here
(02:19 PM) ppusa: BrainStorm: 40 is fib projection from the opening swing based on?
(02:19 PM) Buffy_04364: not yeton larger tf pp
(02:20 PM) ppusa: i hate when i have to think about posts
(02:20 PM) Buffy_04364: could be bounce off rising bline on 2m
(02:21 PM) Buffy_04364: opening swing on what tf brainstorm
(02:21 PM) dave_b_quik: stealthy bull flag on NQ3m?
(02:21 PM) BrainStorm: think I should have posted it it ppusa brain_fibpivot
(02:21 PM) Buffy_04364: that is what I am hoping dave
(02:22 PM) hanksterr: if it breaks the low the next fib is 1429
(02:22 PM) Buffy_04364: cause if it isn't...........
(02:22 PM) p_8: cowboy buy dave
(02:22 PM) dave_b_quik: :>)
(02:22 PM) tippet: agree hank
(02:22 PM) Buffy_04364: trinq falling and tick rising
(02:22 PM) hanksterr: we have parity to deal with today
(02:22 PM) tippet: watcha buying dave 39.5?
(02:23 PM) dave_b_quik: worth a try
(02:23 PM) p_8: y
(02:23 PM) tippet: want to se the downtrendline brk
(02:23 PM) Buffy_04364: not much risk either dave
(02:24 PM) ppusa: higher low
(02:24 PM) ppusa: 1 min
(02:24 PM) Buffy_04364: tks for chart brainstorm
(02:24 PM) tippet: tendline overhead hmm looking likke inv h&s
(02:25 PM) tippet: nekline
(02:25 PM) p_8: cowboy is working dave ...
(02:25 PM) p_8: lol
(02:25 PM) dave_b_quik: :)
(02:25 PM) BrainStorm: seems to have worked...Ensign makes it very easy
(02:25 PM) tippet: ride em wooohooo
(02:26 PM) hanksterr: wtg dave
(02:26 PM) BrainStorm: as I say wouldnt trade of the fib numbers but worth being cautious near a pivot
(02:26 PM) p_8: watch for covering...
(02:26 PM) ppusa: abooout time
(02:27 PM) Buffy_04364: was a bounce off rising bline
(02:27 PM) ppusa: rule of 4 up here?
(02:27 PM) tippet: 5min pp
(02:27 PM) ppusa: might have to drop back a bit and get the rule of 5
(02:28 PM) Buffy_04364: all above 20 on pyra except %D
(02:28 PM) Buffy_04364: 5M above 20 ema
(02:28 PM) Buffy_04364: trinq 3.36
(02:29 PM) Buffy_04364: high confirmed by trinq but not tick
(02:30 PM) tomsurf: rule of 4 here on 3 and 5min
(02:30 PM) Buffy_04364: tks
(02:31 PM) ppusa: 15 min 20 bar ma 48 area
(02:31 PM) ppusa: back above 40 now
(02:31 PM) ppusa: they can't keep this market beneath 40
(02:32 PM) Buffy_04364: tick has confirmed
(02:32 PM) ppusa: time to sell some q's or hold?
(02:32 PM) tippet: 200ema1 46 and 40ema5 here
(02:32 PM) Buffy_04364: tagged tos
(02:33 PM) qatwo: 15m20 ~@1448.50
(02:33 PM) ppusa: sold some
(02:33 PM) ppusa: hit 50 bar ma on 5 and 20 on 15
(02:33 PM) Buffy_04364: I tmar at tos
(02:34 PM) Buffy_04364: should retrace some
(02:34 PM) ppusa: where is tos?
(02:35 PM) Buffy_04364: 1446.52
Buffy_04364: should be close to someones fibs
(02:35 PM) tomsurf: retrace to 1442 top of trendline I believe...we see
(02:35 PM) ppusa: what about 38 %
(02:35 PM) tippet: nice buffy it it the 62% down
(02:36 PM) qatwo: 45 is 22%
(02:36 PM) tippet: yest hod 2/08low
(02:36 PM) qatwo: 38% is 54
(02:36 PM) tippet: 6.86
(02:36 PM) ppusa: 1462 area is 38%
(02:37 PM) ppusa: anyway out of those for now
(02:37 PM) Buffy_04364: 2 ibs on 55T and dogi on30T agreed :-)
(02:37 PM) Buffy_04364: where is the volume????
(02:37 PM) tomsurf: dave- nice call and good eye on stealthy flag ;-)
(02:37 PM) tomsurf: lol
(02:37 PM) Buffy_04364: yes it was dave
(02:38 PM) tomsurf: speak up more there son ;-)
(02:38 PM) dave_b_quik: :<)
(02:38 PM) hanksterr: 1434.50 is 162 fib on 4min
(02:38 PM) Buffy_04364: ib 4m
(02:40 PM) Buffy_04364: long
(02:42 PM) ppusa: 3 point due for reversal
(02:42 PM) ppusa: 6 could use one too
(02:42 PM) ppusa: keep an eye open for pullback
(02:42 PM) Buffy_04364: k
(02:43 PM) Buffy_04364: vol picking up
(02:43 PM) p_8: for long, beware of 15min grail sell
(02:44 PM) tippet: coming
(02:44 PM) ppusa: this was target area
(02:45 PM) Buffy_04364: got 3
(02:45 PM) Buffy_04364: out on divergence
(02:46 PM) Buffy_04364: can re enter
(02:46 PM) ppusa: longer term PnF still oversold but short term could use a pullback
(02:47 PM) tomsurf: nice execution Buffy
(02:47 PM) Buffy_04364: hitting 50 ma on 5m
(02:47 PM) Buffy_04364: tks tom
(02:48 PM) Buffy_04364: thisshould pull back ifit doesn't well sideways stronger than retracing
(02:48 PM) Buffy_04364: imo
(02:48 PM) Buffy_04364: 2 ib on 2m
(02:48 PM) ppusa: i wish i had stayed long until here
(02:48 PM) Tom_B: shrt
(02:48 PM) alan123: me too pp
(02:48 PM) Buffy_04364: here is the retracement
(02:49 PM) ppusa: i could see another attempt at a new high but when you are playing for a couple ticks you have to tmar imo
(02:49 PM) Buffy_04364: 3 hills?
(02:50 PM) Buffy_04364: 2M and 133T
(02:50 PM) Buffy_04364: and 3m
(02:50 PM) tomsurf: Buffy- looks like it...nice symetry
(02:51 PM) Buffy_04364: so this will be tail
(02:51 PM) Buffy_04364: hmm
(02:51 PM) ppusa: what is a tail
(02:51 PM) tippet: anybody have VIX data ...showing we just hit "84"
(02:51 PM) alan123: wow
(02:52 PM) Buffy_04364: $vix is 84.60
(02:52 PM) tippet: has to be wrong
(02:52 PM) p_8: bad data?
(02:52 PM) hanksterr: interesting 5 ew on nq 2min
(02:52 PM) qatwo: bad tick back to 23.54
(02:53 PM) tomsurf: vix 23.59 here
(02:53 PM) Buffy_04364: 23.59 is net
(02:53 PM) Buffy_04364: oh last
(02:53 PM) Buffy_04364: ok
(02:53 PM) Buffy_04364: 84.60 is high
(02:54 PM) Buffy_04364: LL
(02:55 PM) Buffy_04364: 1447
(02:55 PM) Buffy_04364: bs
(02:55 PM) Buffy_04364: now need higher high
(02:55 PM) Buffy_04364: will we bet it??
(02:55 PM) ppusa: buffy if this does go a little higher the 6 point says it should return
(02:55 PM) Buffy_04364: bet = get
(02:56 PM) Buffy_04364: k
(02:56 PM) tippet: LS 20ema15 or lower hi?
(02:56 PM) Buffy_04364: stop is tight
(02:56 PM) Buffy_04364: in case abc
(02:56 PM) Buffy_04364: correction
(02:56 PM) ppusa: also the low of this hour looks sketchey
(02:56 PM) Buffy_04364: flat
(02:56 PM) ppusa: it was a good short up there
(02:57 PM) ppusa: PnF and the hour chart ... as well as hitting ma's
(02:57 PM) ppusa: it was to easy so i had to pass it up
(02:58 PM) Buffy_04364: lol pp
(02:58 PM) biglargra: does anyone here use Ensign software?
(02:58 PM) ppusa: no
(02:58 PM) Buffy_04364: yes many of us
(02:59 PM) BrainStorm: what do you use ppusa ?
(02:59 PM) ppusa: ensign
(03:00 PM) ppusa: i if nq was to get above 1449 the 15 min chart could get bullish quickly
(03:01 PM) BrainStorm: yup im inclined to think drift around though
(03:01 PM) ppusa: nq could use a week with a higher high...i wonder if today is buy and hold?
(03:02 PM) Tom_B: my BSTP 47
(03:02 PM) BrainStorm: into holiday weekend - not for me:)
(03:02 PM) Tom_B: to cvr shrt
(03:03 PM) ppusa: tom where did you go short?
(03:03 PM) Tom_B: 46.5
(03:03 PM) Tom_B: i'm slow
(03:04 PM) ppusa: i guess so
(03:04 PM) Tom_B: HEY
(03:04 PM) ppusa: at least you went
(03:04 PM) Tom_B: Was waiting for 50..
(03:05 PM) ppusa: hey the 6 tick has reversed
(03:06 PM) ppusa: buy signal above 49 now
(03:06 PM) BrainStorm: damn almost nodded off ...price still sandwiched between the 20 & 50 mas on the 5
(03:06 PM) Tom_B: flat...done
(03:06 PM) ppusa: excellent PnF there
(03:07 PM) Tom_B: Bye everyone see u ovr the wknd
(03:07 PM) ppusa: bye tom
(03:07 PM) Buffy_04364: ok tomb
(03:07 PM) Buffy_04364: take care
(03:07 PM) Buffy_04364: tks
(03:07 PM) ppusa: good week
(03:07 PM) BrainStorm: bye tom good evening to you
(03:07 PM) tomsurf: bye Tom :-)
(03:07 PM) Tom_B: Going to bed, nap...pp style
(03:08 PM) tippet: have a good wkend tom
(03:08 PM) ppusa: hurry and go ;cos you don't want to watch this drop
(03:08 PM) Tom_B: tnx evryone for all ur help :)
(03:08 PM) ppusa: thank you Tom
(03:08 PM) Buffy_04364: tks to u 2 tom
(03:09 PM) ppusa: you're like the only trader here
(03:09 PM) ppusa: if it wasn't for Tom's relentless pursuit of the almighty tick we would burn cd's all day long
(03:10 PM) BrainStorm: lol
(03:13 PM) tomsurf: finally retraced to rule of 4 TL...humm
(03:13 PM) ppusa: this hour's low looks better now
(03:14 PM) ppusa: watch for a move to 1750 area
(03:16 PM) BrainStorm: hand sitting time I think
(03:17 PM) BrainStorm: tempting to take a scalp there though
(03:21 PM) hanksterr: wow , 1800 is 362 fib on 5min compq
(03:21 PM) ppusa: so i am close?
(03:22 PM) pender: buffy, what time tomorrow you doing your class?
(03:22 PM) tippet: "362" r u bored hank?
(03:22 PM) Buffy_04364: ten I think
(03:22 PM) Buffy_04364: right sb?
(03:23 PM) hanksterr: not bored
(03:23 PM) Buffy_04364: yes
(03:24 PM) Buffy_04364: it is 10est just checked
(03:24 PM) hanksterr: 1795 is 162 fib on 60min compq
(03:25 PM) BrainStorm: do you call your fibs of last swing high to sing low hankster ?
(03:26 PM) hanksterr: varies but that one is from 1851 to1942
(03:29 PM) Buffy_04364: great
(03:29 PM) brandinirocco: hello
(03:29 PM) Buffy_04364: have to remember to email group
(03:29 PM) Buffy_04364: hi
(03:31 PM) Buffy_04364: since indicators no good last 45 min anyway
(03:31 PM) Buffy_04364: they play too many games
(03:31 PM) BrainStorm: think they are playing bore everyone to death
(03:32 PM) ppusa: 50 point PnF chart has a move up and now reversed back down. Not like i am bllish and not like it matters but if next week we start moving up...look out!!!!!!!
(03:32 PM) Buffy_04364: they sure are keeping us guessing
(03:32 PM) Buffy_04364: tks pp
(03:32 PM) Buffy_04364: hopefully will havesome time tolook at longer charts this weekend
(03:32 PM) BrainStorm: think I might call it a day here
(03:32 PM) ppusa: guessing what?
(03:32 PM) Buffy_04364: dell down over a buck hmm
(03:32 PM) Buffy_04364: guess which way going
(03:32 PM) ppusa: yea i was going to ask you all if i could wrap it up
(03:32 PM) Buffy_04364: too much sideways stuff
(03:32 PM) Buffy_04364: sure pp
(03:32 PM) BrainStorm: will you use voice for your training tommorow buffy ?
(03:33 PM) Buffy_04364: yes
(03:33 PM) BrainStorm: ahh Ok ...expect Ill still be t lunch dont think Pal will record voice transcripts
(03:33 PM) Buffy_04364: dave has a program that will record
(03:33 PM) Buffy_04364: voice in paltalk
(03:34 PM) ppusa: inside week this week
(03:34 PM) Buffy_04364: pm him
(03:34 PM) Buffy_04364: I haven't tried it
(03:34 PM) BrainStorm: I will thanks
(03:34 PM) Buffy_04364: that could change pp
(03:34 PM) Buffy_04364: we are going down
(03:34 PM) ppusa: where is Tom's butt kicking machine
(03:34 PM) Buffy_04364: not the fish pp?? LOL
(03:34 PM) ppusa: he's probably using it
(03:35 PM) tippet: 79% here
(03:35 PM) ppusa: great short at 46
(03:35 PM) Buffy_04364: not bad at 40.5 pp
(03:36 PM) Buffy_04364: I know late
(03:36 PM) Buffy_04364: tmar
(03:36 PM) Buffy_04364: so still an inside week
(03:37 PM) ppusa: always when i least expect it
(03:37 PM) Buffy_04364: wonder if this is news
(03:37 PM) ppusa: i thought they were done
(03:39 PM) Buffy_04364: tick negative low the lowest today I think
(03:45 PM) ppusa: anyone still trading?
(03:45 PM) ppusa: anyone herre?
(03:46 PM) Buffy_04364: nope
(03:46 PM) Buffy_04364: watching
(03:46 PM) Buffy_04364: should go back down
(03:46 PM) Buffy_04364: still respecting tos
(03:46 PM) ppusa: watching wr
(03:46 PM) ppusa: e
(03:46 PM) ppusa: s
(03:46 PM) ppusa: p
(03:46 PM) ppusa: e
(03:46 PM) ppusa: c
(03:46 PM) ppusa: t
(03:47 PM) ppusa: just a little bit
(03:47 PM) Buffy_04364: k
(03:47 PM) tippet: no burning CD's
(03:47 PM) QSuzy: too late for me....pp, any more thoughts of your division of labor idea?
(03:47 PM) ppusa: sock it to me
(03:47 PM) Buffy_04364: ? tippet
(03:47 PM) ppusa: sock it to me
(03:48 PM) Buffy_04364: trinq rising again
(03:48 PM) ppusa: in order for it to work we must come up with some specific criteria for each trade
(03:48 PM) Buffy_04364: dell down over a buck
(03:48 PM) ppusa: trying to think what that may be
(03:48 PM) Buffy_04364: even if we are just contributing to make sure we don't miss setups
(03:49 PM) Buffy_04364: like your 123
(03:49 PM) Buffy_04364: etc
(03:49 PM) ppusa: for instance this last sell was 20 ma on 15
(03:49 PM) Buffy_04364: also on 5M
(03:49 PM) Buffy_04364: no it was the 50 on 5m
(03:49 PM) Buffy_04364: sorry
(03:49 PM) ppusa: both
(03:49 PM) Buffy_04364: yep
(03:49 PM) ppusa: 5 and 15
(03:49 PM) Buffy_04364: do we need to watch both?
(03:50 PM) Buffy_04364: 5 and 15
(03:50 PM) tippet: how about coming up with list of important signals and assigning them with trigger abbrev on MON meeting
(03:50 PM) Buffy_04364: I only have 5 up
(03:50 PM) Buffy_04364: after google we could brainstorm it
(03:50 PM) ppusa: one criteria could be higher low or lower high
(03:51 PM) Buffy_04364: hourly doesn't talk tome at all
(03:51 PM) ppusa: a few ideas i have are oversold stochastics using a chart i have
(03:51 PM) Buffy_04364: stoch can stay oversold for a while though right?
(03:51 PM) ppusa: that last high the stochastics were high and i didn't even notice until right now
(03:51 PM) ppusa: yes
(03:51 PM) ppusa: but
(03:51 PM) tippet: ema's ... think 20 is most popular, higherlow/hi, important trendlines, patterns, fibs, pnf, smax buy/sell
(03:52 PM) ppusa: i said i was passing on that last short right?
(03:52 PM) ppusa: here is a good example of what i am referring to
ppusa: if i had looked closer at stochastics confirming the PnF maybe i wold have been alerted to the fact that that was more than just a quick correction
(03:53 PM) Buffy_04364: ok
(03:53 PM) ppusa: i passed it up because i figured for 6 ticks it wasn't worth the effort
(03:54 PM) tippet: even if u missed the 20ma15 we had a rising wedge which i've been trying to post with no luck and break 144t shows it well trigger 43 smax did it as well
(03:54 PM) ppusa: by the way that was a leg and arc
(03:54 PM) ppusa: yea tippet so why didn't we sell ?
(03:54 PM) tippet: i was looking for prev swing low then 79% ...after it was gravy
(03:55 PM) ppusa: previous swing low was????? 1437????
(03:56 PM) tippet: 41
(03:56 PM) Buffy_04364: what error you get posting tippet?
(03:56 PM) tippet: after the 43 trigger short
(03:56 PM) Buffy_04364: k
(03:56 PM) Buffy_04364: have lots to do this weekend
(03:57 PM) Buffy_04364: with demo and chart folders
(03:57 PM) tippet: unfortunately my sat connection is bursting so think thats my problem although the chart doesnt always come up when it does post
(03:57 PM) FrankT: Tippet- what 79% trigger were you referring to?
(03:57 PM) tippet: u can see by what was recently posted
(03:57 PM) Buffy_04364: yep
(03:57 PM) tippet: 79% from lod to 89
(03:58 PM) tomsurf: tippet- do you have clouds overhead of overcast?
(03:58 PM) tippet: 37.7
(03:58 PM) tippet: ya its pretty overcast and i need a new card
(03:58 PM) Buffy_04364: wish Howard would visit and give an update
(03:58 PM) tippet: ordered it next day deliv
(03:59 PM) Buffy_04364: bouncing off bos so far
(03:59 PM) tomsurf: I was warned since I live on the coast that Sat. connections are bothered by clouds especially fog...
(03:59 PM) Buffy_04364: what tf you want higher high/low and lower high/lows pp
(04:00 PM) Buffy_04364: sure wouldn't do here then :-(
(04:00 PM) tippet: no alternative here Tom live on island with no hi speed available
(04:00 PM) Buffy_04364: very overcast here too often
(04:00 PM) Buffy_04364: island in a lake?
(04:01 PM) tippet: ?...m vineyard
(04:01 PM) tomsurf: tippet...ya, my only choise is 56k or 56k
(04:01 PM) Buffy_04364: :-(
(04:01 PM) Buffy_04364: choice of at least two dsls a criteria for moving
(04:01 PM) Buffy_04364: where ever I go from nowon
(04:02 PM) Buffy_04364: hate being restricted to one
(04:02 PM) Buffy_04364: with no backup
(04:02 PM) Buffy_04364: available
(04:02 PM) ppusa: paltalk problems
(04:02 PM) ppusa: lost connection
(04:02 PM) Buffy_04364: if itisn't onethingit is another
(04:03 PM) Buffy_04364: wish we could just get things running right and it would stay that way
(04:04 PM) ppusa: anyway going to run...meeting is monday right?
(04:04 PM) Buffy_04364: jimmer missing too
(04:04 PM) Buffy_04364: and daniel
(04:04 PM) tomsurf: jimmer with googs
(04:04 PM) Buffy_04364: oh ok
(04:04 PM) Buffy_04364: on mirc?
(04:04 PM) tomsurf: daniel, just not in today
(04:04 PM) tomsurf: paltalk
(04:04 PM) Buffy_04364: k
(04:04 PM) Buffy_04364: wonder if raz there too now
(04:05 PM) tomsurf: don't think so
(04:05 PM) tomsurf: raz was here yesterday...seemed fraziled
(04:05 PM) Buffy_04364: tks for letting me know
(04:05 PM) tomsurf: ;-)
(04:06 PM) Buffy_04364: he tries so so hard
(04:06 PM) tomsurf: yes he does....too much I think
(04:06 PM) Buffy_04364: could be
(04:06 PM) tomsurf: maybe needs to just watch a couple of setups on alittle longer TF???
(04:07 PM) p_8: and papertrade
(04:08 PM) pender: mirc, is that Raschke's website?
(04:08 PM) Buffy_04364: her's is on there pender
(04:09 PM) ppusa: mirc is separate
(04:09 PM) tomsurf: pender- LBR uses 2 diff. platforms...mirc is a universal thing for many rooms.
(04:09 PM) pender: so all these people have gone to a different room?
(04:10 PM) ppusa: yes
(04:10 PM) pender: wonder why?
(04:11 PM) Buffy_04364: she told dave the pms were distracting her from trading
(04:11 PM) tomsurf: pender, too many PM's
(04:11 PM) alan123: she could off pms
(04:11 PM) alan123: turn off
(04:11 PM) pender: no pms at the other site?
(04:11 PM) Buffy_04364: she could of
(04:12 PM) alan123: anyone can turn off ims
(04:12 PM) tomsurf: this room can get out of focus at times and she and others didn't like that.
(04:12 PM) pender: Too bad, I was enjoying her insight
(04:12 PM) tomsurf: me too
(04:12 PM) Buffy_04364: plus pyra comments were annoying cause pyra doesn't work as far as she and many other good tradersare concerned
(04:13 PM) Buffy_04364: so annoying comments
(04:13 PM) HCJVP: Hello everyone
(04:13 PM) pender: you, annoying ? NEVER
(04:13 PM) tomsurf: I like your pyra comments ;-)
(04:14 PM) tomsurf: well, that's life
(04:14 PM) alan123: anyone can sift what ehy want--filter like all info
(04:14 PM) alan123: they
(04:15 PM) Buffy_04364: can't reply sb you only accepting people on pal list
(04:15 PM) QSuzy: Some may still be here in disguise.....
(04:15 PM) alan123: lol
(04:15 PM) tomsurf: Glad you're back Buffy..and luv silent dave's comments :-)
(04:16 PM) pender: their loss
(04:16 PM) HCJVP: I have a question concerning stocks I would like to ask.
(04:16 PM) tippet: hey QSuzy are u suzieQ??
(04:16 PM) Buffy_04364: LOL tippet
(04:17 PM) QSuzy: Is that the room they went to?
(04:17 PM) p_8: earlier the guy in profitpig expected nq to go up to 64
(04:17 PM) dennis_k: no
(04:17 PM) dennis_k: ProfitPig is someone elses room
(04:17 PM) dennis_k: that is a crazy place, imo
(04:17 PM) QSuzy: tippet.....yes, I'm SuzyQ but there are some others around also....they are imposters!! :)
(04:17 PM) p_8: raz was there
(04:17 PM) tomsurf: Only 1 SuzyQ ;-)
(04:18 PM) QSuzy: tom....LOL
(04:18 PM) dennis_k: raz was in profitpig?
(04:18 PM) tippet: are u in OJ's room as well
(04:18 PM) pender: tell him the bil's in the mail :-)
(04:19 PM) tomsurf: well, gonna take off...see ya this weekend and have a good one all!
(04:19 PM) Buffy_04364: bye tom
(04:19 PM) tippet: tom have a good wkend
(04:19 PM) tomsurf: ;-)
(04:20 PM) p_8: owen, and raz were in there
(04:20 PM) dennis_k: have you been there?
(04:20 PM) p_8: i went in there for a few minutes and left
(04:20 PM) tkay_1: big "if"
(04:21 PM) scorp: that is what they are going to do
(04:21 PM) qatwo: profitpig is a scalper, uses prem, mostly to call trades i think
(04:21 PM) scorp: they are trying to get a following
(04:22 PM) p_8: i think the best emini room are this one and trendvue
(04:23 PM) qatwo: so so
(04:24 PM) scorp: i have the right idea, but the execution sucks
(04:24 PM) tippet: ok y'all have a nice wkend see you mon...going to spend time with my son and thanks for everything
(04:24 PM) p_8: u summed it up pp, the first 2 leg down were the best
(04:24 PM) ppusa: bye tippet
(04:24 PM) p_8: bye tip
(04:25 PM) tippet: see ya pppppp's
(04:25 PM) QSuzy: pp.....if I was as successful as some of the contributors, I'd speak up more.....I do better trading tho when I do contribute.....
(04:25 PM) scorp: same here QS
(04:25 PM) Buffy_04364: yes suzy cause it keeps you focused
(04:26 PM) HCJVP: When a new company is thinking about selling stock which is the better to sell Preferred or Common does anyone know
(04:26 PM) p_8: yes buffy
(04:26 PM) scorp: i'm not trading well, so my input is shaky at best
(04:26 PM) p_8: it is beneficial for me
(04:26 PM) scorp: but that doesn't help you or me
(04:26 PM) p_8: but what I do is i call my own trade during the day
(04:26 PM) tkay_1: cool
(04:26 PM) p_8: i save the text
(04:27 PM) p_8: transcript
(04:27 PM) p_8: and review them after market
(04:27 PM) p_8: to learn more about the different indicators
(04:27 PM) p_8: that people are using here
(04:27 PM) Buffy_04364: pp
(04:27 PM) qatwo: if it didn't help, probably wouldn't be here
(04:27 PM) p_8: and add them to my arsenals
(04:27 PM) Buffy_04364: LOL good point qatwo
(04:27 PM) Buffy_04364: so obvious too
(04:28 PM) alan123: can u save full transcript at once yet?
(04:28 PM) p_8: no
(04:28 PM) p_8: i cut and paste
(04:28 PM) p_8: i told dave
(04:28 PM) QSuzy: what helps me is targets traders are looking at......
(04:28 PM) p_8: that I will put the saved transcript in dacyart
(04:28 PM) p_8: dachart.com
(04:29 PM) alan123: full transcript in dachart?
(04:29 PM) p_8: yes
(04:29 PM) p_8: check out the one for 2/1
(04:29 PM) rik88: i like the PP comments
(04:29 PM) p_8: it's in there
(04:29 PM) QSuzy: I do get good stuff from the room....but realize that it should be a give and take....I want to contribute but prob don't have sufficient confidence just yet
(04:29 PM) alan123: starting when?
(04:29 PM) p_8: i start to save in february
(04:30 PM) alan123: ty
(04:30 PM) p_8: more will be posted
(04:30 PM) QSuzy: tos, bos, and pyra info helps me since I started watching it more closely....I'm beginning to be a believer...
(04:30 PM) p_8: i definietey see more useful things after being in this room
(04:30 PM) alan123: ty P_8
(04:31 PM) scorp: pp, what do you want to see happen here?
(04:32 PM) QSuzy: I still think it would be a good idea for traders to volunteer specific things they are watching.....I will try to start posting longer term SMAX on 7min and 5min....not real good with smaller tfs here
(04:32 PM) Buffy_04364: that works suzy Q
(04:32 PM) scylnx: But there's a mental bandwidth issue- I need all mine to deal with my own trading
(04:33 PM) tkay_1: whats the parameters of that stoch pp?
(04:33 PM) QSuzy: I will also try to start posting some of MBruns setups on REI, IF, and Anti.....FWIW
(04:33 PM) Buffy_04364: that is already part of bline
(04:33 PM) Buffy_04364: great suzy
(04:34 PM) p_8: pp, some people, like me still learn to balance how to participate in the room and watch the trade and not miss any trade..
(04:34 PM) p_8: i tried to post the grail
(04:35 PM) p_8: i did that today
(04:35 PM) Buffy_04364: 300
(04:35 PM) alan123: i posted it
(04:35 PM) Buffy_04364: 30
(04:35 PM) p_8: it's when adx is above 30 and chart retrace to 20ema
(04:35 PM) tkay_1: hah
(04:36 PM) p_8: that time?
(04:36 PM) Buffy_04364: yes saw it called
(04:36 PM) p_8: 14:50?
(04:37 PM) tkay_1: i mostly stayed out this week
(04:37 PM) p_8: i warned a grail sell on 15min
(04:37 PM) tkay_1: like 1 trade per day or something
(04:37 PM) tkay_1: cuz it was 80% chop
(04:37 PM) tkay_1: what do u guys think about that?
(04:37 PM) p_8: it never touched 15ema though for nq
(04:37 PM) p_8: y remember tippen mention about 20ema15
(04:37 PM) p_8: tippet
(04:37 PM) p_8: at that time
(04:37 PM) tkay_1: well the 20% trend was today
(04:42 PM) p_8: btw, pp, not all high-adx retracement is good grail trade. some traders like TLo, like to fade the grail
(04:43 PM) p_8: depending on the prevailing pattern
(04:43 PM) p_8: y that one was good
(04:44 PM) p_8: thanks pp have a good one
(04:47 PM) QSuzy: do you use the hi lo formula also on your minute charts or revert to Close?
(04:47 PM) QSuzy: ha
(04:48 PM) QSuzy: he's here now!
(04:48 PM) lionsss: macd
(04:49 PM) Buffy_04364: how has smax been doing?
(04:53 PM) jimmer49: sorry - was doing something else
(04:53 PM) jimmer49: smax has done well, monday was worst day - about =21
(04:53 PM) jimmer49: overall was a challenging week for smax compared to most
(04:54 PM) Buffy_04364: are we right in saying you pay more attention to macd divergences than stoch divergences?
(04:58 PM) Buffy_04364: tks jimmer