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.
<morning chart transcript is missing...>
Tom_B:
G, To me..in my warped perspective we are in a w:4 now
Daniel X:
yes NQ
(11:08 AM) google_2:
thanks
(11:09 AM) Tom_B:
W:5 of A
(11:11 AM) Rose0001:
Keep losing connectivity... :-(
(11:11 AM) Tom_B:
but ELL is SO subjective & best in HINDSIGHT :)
(11:11 AM) Daniel X:
Rose r u on the Esat coast?
(11:11 AM) Daniel X:
east?
(11:11 AM) Rose0001:
Yes.
(11:11 AM) Daniel X:
problems snce last night
(11:11 AM) Daniel X:
since
(11:11 AM) Daniel X:
nation wide
(11:11 AM) Rose0001:
Are you on cable?
(11:11 AM) Daniel X:
yep
(11:11 AM) dave_b_quik:
sb17, i couldn't answer yr pm 'cuz you only allow text messages for those on yr buddy list
(11:11 AM) Daniel X:
u were l?
(11:11 AM) Tom_B:
y
(11:11 AM) Daniel X:
ok
(11:12 AM) Daniel X:
now we can get back to the Enronitis
(11:12 AM) google_2:
missed that
(11:12 AM) scorp:
i got it, but missed everything else
(11:12 AM) google_2:
railroads generally reverse
(11:13 AM) sb17:
rose, thanks for your ema info on Chimp before. that little bit of info, helped me to make $
(11:13 AM) scorp:
that is what i have been watching for
(11:14 AM) sb17:
thanks for responding, dave. we'll have to fix my buddy list after the close
(11:15 AM) dave_b_quik:
OK
(11:15 AM) google_2:
ok pp
(11:15 AM) google_2:
75 as expected
(11:15 AM) google_2:
that's key
(11:15 AM) scorp:
now where?
(11:16 AM) Daniel X:
SB!&...just double click the name and you'll see an addpal choice..thats it
(11:16 AM) Tom_B:
l 78.5
(11:16 AM) Daniel X:
still short 87
(11:16 AM) Daniel X:
.50
(11:16 AM) sb17:
thanks Daniel
(11:17 AM) Daniel X:
kewl
(11:17 AM) google_2:
ann schneitzen on 5 min?
(11:17 AM) scorp:
chimp flat with mas?
(11:17 AM) ann_87:
isn't it too early?
(11:17 AM) Rose0001:
Yes, scorp.
(11:18 AM) google_2:
yes but.... :-)
(11:18 AM) sb17:
chimp flat on ES at the moment
(11:18 AM) Daniel X:
well they took 1/2 of the run up..we stall a bit
(11:20 AM) scorp:
chimp doing es? interesting
(11:22 AM) johnl96:
dang, another LBR reversal buy on the 2 min es and I missed it again!!!
(11:22 AM) ann_87:
h and s on 5?
(11:22 AM) johnl96:
could I get a wake up call for noon eastern please?
(11:25 AM) Daniel X:
still short87.50
(11:26 AM) scorp:
bear flags on one minute
(11:28 AM) Daniel X:
now if 75 holds again...we'll be choppin around for awhile
(11:29 AM) ppusa:
until next hour
(11:29 AM) Daniel X:
hope not!
(11:30 AM) strad -:
short
(11:31 AM) Daniel X:
im still convinced that once the pit saw 65 to 69 print this am they will take us down to 40
(11:31 AM) tippet:
chop city time for Patriots parade yeahhhhh hoorah
(11:31 AM) ppusa:
why?
(11:31 AM) scorp:
is that where Buffy is?
(11:32 AM) Daniel X:
why what?
(11:32 AM) fooliosbrother:
PATS
(11:32 AM) Daniel X:
me?
(11:32 AM) ann_87:
yest low test
(11:32 AM) ppusa:
yes dan, why 40?
(11:33 AM) ppusa:
given the daily chart pattern, tomorrow's high should be in the 80's regardless if down before
(11:34 AM) Daniel X:
thats 1144 sorry
(11:34 AM) Daniel X:
when i called the 6 week rally..remember?
(11:34 AM) Tom_B:
tnk 72 for this swng then rotat up...just an opinion
(11:34 AM) tippet:
hit 62% retrace of day s move
(11:35 AM) ppusa:
1100 to 1730 divided by 2 is?
(11:36 AM) Daniel X:
im counting the beginging of the fib retrace
(11:37 AM) Daniel X:
if sorry PPusa against the NDH
(11:37 AM) Daniel X:
man i cannot type
(11:38 AM) Daniel X:
we held just above support
(11:39 AM) Daniel X:
still short @87.50
(11:39 AM) ppusa:
held at support or it would not have held
(11:39 AM) ppusa:
low last hour 70
(11:39 AM) Daniel X:
thats right
(11:39 AM) ppusa:
this hour 72.5
(11:39 AM) tippet:
Tom B if were in w4 now u think we would get the swoon down w5 later this afternoon?
(11:40 AM) ppusa:
need go put in a high
(11:40 AM) ppusa:
for this hour
(11:40 AM) ann_87:
30 min looks like h and s possible
(11:40 AM) ppusa:
what happened to the dan i used to know?
(11:40 AM) ppusa:
this one is no fun
(11:41 AM) ppusa:
no scalp
(11:41 AM) ppusa:
no fun
(11:41 AM) johnl96:
another LBR 20 bar reversal buy. Caught this one
(11:41 AM) Daniel X:
lol PPUSA
(11:42 AM) ppusa:
3 humps down on that last drop
(11:42 AM) Daniel X:
i am scalping...cutting half and holding the rest
(11:42 AM) ppusa:
anyone notice?
(11:42 AM) Daniel X:
yes i did
(11:42 AM) google_2:
tes pp
(11:42 AM) google_2:
tes = yes
(11:42 AM) google_2:
:-)
(11:42 AM) Daniel X:
still short @87.50
(11:43 AM) ppusa:
yea yea
(11:43 AM) Daniel X:
since 10:45
(11:43 AM) Daniel X:
i'm serious
(11:43 AM) ppusa:
i short at 88 when they get your stop
(11:43 AM) Daniel X:
lol
(11:43 AM) tomsurf:
yes sure did....maybe silly question but do 3 humps down tend to work like 3 humps up?
(11:43 AM) google_2:
yes
(11:43 AM) google_2:
tomsurt
(11:43 AM) tomsurf:
cool, thx googs :-)
(11:44 AM) google_2:
that's why I call them rule of 4 to make it easy for me and everyone to spot them
(11:44 AM) ppusa:
really dan, don't you think there will be a test up to 88?
(11:44 AM) google_2:
actually the name comes from Jeff Cooper
(11:44 AM) google_2:
for those who know who he is
(11:44 AM) Daniel X:
macd crossed i'm out oh well
(11:45 AM) ppusa:
not oh well you dork
(11:45 AM) ppusa:
what happened to the scalper?
(11:46 AM) Daniel X:
i did scalp
(11:46 AM) ppusa:
did not
(11:46 AM) Daniel X:
cut 3 at 79 and the rest at 81.50
(11:46 AM) johnl96:
google, is that who the Cooper Breakaway is named for?
(11:46 AM) ppusa:
what abooout the 3 hump dip to 75?
(11:47 AM) ppusa:
72.5?
(11:47 AM) Daniel X:
i was in since 10:45 from 87.50 no worries
(11:48 AM) Daniel X:
XMAX
(11:48 AM) google_2:
john
(11:48 AM) ppusa:
sounds like you are constipated
(11:48 AM) raz_62:
why did you wait till it was below 80 to say you were short
(11:48 AM) google_2:
not familiar with the term but I'd guess so
(11:49 AM) johnl96:
I just made it up googs
(11:49 AM) johnl96:
just kidding, I didn't really
(11:49 AM) google_2:
lol
(11:49 AM) Daniel X:
i'm using key trade areas along with sup/res and smax
(11:50 AM) google_2:
knowing where sup/res are is key
(11:50 AM) QSuzy:
Daniel....what tf are you using for smax?....5min?
(11:50 AM) Daniel X:
2/5
(11:50 AM) QSuzy:
tx..
(11:50 AM) strad -:
VERY key!
(11:51 AM) google_2:
price keeps stopping downward at these mediocre levels
(11:51 AM) google_2:
what's 1457?
(11:51 AM) google_2:
lol
(11:51 AM) Tom_B:
72 yest old level
(11:52 AM) google_2:
meant lod or swing
(11:52 AM) google_2:
like that 1472
(11:52 AM) google_2:
nothing significant about it
(11:53 AM) Daniel X:
target support points are 1460,1457,1452,1445 to 1443 and the days target is 1440
(11:53 AM) manojkrp:
hi room
(11:56 AM) Daniel X:
volume pretty much at my min tradable area
(11:56 AM) ppusa:
dan press your control key
(11:56 AM) Daniel X:
y?
(11:57 AM) ppusa:
do it ....just press it
(11:57 AM) Daniel X:
ok
(11:57 AM) ppusa:
and release
(11:57 AM) Daniel X:
done
(11:57 AM) ppusa:
thanks i got tired of looking for your name
(12:00 PM) ppusa:
well here we are "near" 88to short or not to short
(12:00 PM) johnl96:
I think we should all press the control key just to drive pp nuts
(12:00 PM) johnl96:
:)
(12:01 PM) ppusa:
bring it on
(12:01 PM) ppusa:
that would have been funny though
(12:01 PM) Daniel X:
i'm staying out between 73 and 86
(12:02 PM) ppusa:
i was searching for his name and if you all had done that it would have moved it back off the top of the list
(12:02 PM) ppusa:
i would have busted up
(12:03 PM) Daniel X:
be back in 10 mins everyone
(12:03 PM) ppusa:
trying a short
(12:03 PM) ppusa:
awfully late
(12:04 PM) scorp:
this is where i usually short and i am always late
(12:04 PM) ppusa:
yes it was a bad trade
(12:04 PM) ppusa:
if it works it will be luck
(12:04 PM) scorp:
lol exactly
(12:05 PM) scorp:
the Lucky Late System
(12:05 PM) scorp:
i charge $299 for it
(12:08 PM) ppusa:
stupid trying to trade right now
(12:09 PM) ppusa:
mini gartley on 10 tick
(12:09 PM) ppusa:
if it was any smaller i would need a microscope
(12:12 PM) Daniel X:
you trading this pp?!
(12:12 PM) ppusa:
y
(12:12 PM) Daniel X:
k
(12:13 PM) Daniel X:
well we closed at noon below 93 so down again
(12:13 PM) Daniel X:
normally
(12:14 PM) Daniel X:
smax crossed down
(12:15 PM) Daniel X:
but i'm still waiting till we come out of this
(12:15 PM) Daniel X:
loco locals
(12:16 PM) Daniel X:
bb pingpong their fav game
(12:16 PM) ppusa:
yes it was definately the most stupid trade of the day
(12:17 PM) FrankT:
Daniel you trading the 3 min smax?
(12:17 PM) Daniel X:
no..2/5
(12:17 PM) Daniel X:
2 mostly
(12:17 PM) FrankT:
ok thx
(12:17 PM) Daniel X:
wells macd though
(12:18 PM) johnl96:
2 min raschke sell on spx chart
(12:18 PM) johnl96:
doesn't show up on es tho
(12:18 PM) Tom_B:
wells ?
(12:18 PM) Daniel X:
wells wilder
(12:18 PM) Tom_B:
k
(12:18 PM) Daniel X:
setting
(12:19 PM) johnl96:
you like buds or something?
(12:19 PM) Daniel X:
lol
(12:19 PM) Daniel X:
nope
(12:20 PM) FrankT:
which macd length Daniel?
(12:20 PM) Daniel X:
4/11/6
(12:20 PM) FrankT:
thx
(12:25 PM) Daniel X:
i can't beleive my 87.50 is still not stopped!!
(12:25 PM) Daniel X:
shoulda held it
(12:26 PM) jimmer49:
price bouncing back and forth between 8 period bb on 2 min almost like clockwork - 4 point swings
(12:26 PM) Daniel X:
yep locals fav trade
(12:27 PM) ppusa:
nothing like reinforcing bad behavoir
(12:27 PM) jimmer49:
usually breaks out of range as soon as I post something like that
(12:27 PM) Daniel X:
he eh
(12:27 PM) Daniel X:
he he
(12:29 PM) cluetrain:
jimmer, i just finished a month in T's room and am starting to study your "SMAX". thanks for sharing your work.
(12:29 PM) ppusa:
out
(12:29 PM) jimmer49:
you are welcome cluetrain
(12:29 PM) Daniel X:
CLUE: how is T doing in the romm?
(12:29 PM) ppusa:
wwwaaahhhhhhhhhhhhhh
(12:29 PM) Daniel X:
room
(12:30 PM) cluetrain:
pretty good. she's very steady. no real drawdowns
(12:30 PM) ppusa:
osold here?
(12:30 PM) Daniel X:
but what about points gained?
(12:30 PM) Daniel X:
i've never seen her tkae more than 5 points
(12:31 PM) Daniel X:
but thats when i was there maybe a year ago
(12:31 PM) Daniel X:
market conditions ..i guess
(12:31 PM) cluetrain:
well, i was more tuned into lessons than points. she was definitely on the plus side :-)
(12:31 PM) Daniel X:
ok
(12:32 PM) Daniel X:
thnx
(12:32 PM) johnl96:
who's T?
(12:32 PM) jimmer49:
It always seemed to me that for all her knowledge, T is a real underachiever when it comes to actual trading
(12:32 PM) Daniel X:
PP we closed below 93 again this last 30 min perod so...
(12:33 PM) johnl96:
wait, let me guess...
(12:33 PM) johnl96:
down?
(12:33 PM) cluetrain:
jimmer, i think she just hates to lose
(12:33 PM) ppusa:
so what does that mean and why
(12:34 PM) cluetrain:
then once in a while on a directional day she kills 'em
(12:34 PM) cluetrain:
john, T is teresa lo
(12:35 PM) johnl96:
k, thanks
(12:35 PM) cluetrain:
np
(12:35 PM) ppusa:
dan that was a successful test of the previous pb
(12:35 PM) ppusa:
so far
(12:35 PM) ppusa:
hour chart lows
(12:36 PM) Daniel X:
we spent alot of time between 88 and 93 yesterday so the more often we close a 30 min TF below it the potential for downside keeps building momentum
(12:36 PM) ppusa:
currently an inside hour
(12:37 PM) Daniel X:
tommorrow we'll see 73 to 86 as the significant #s
(12:38 PM) johnl96:
as much as I rag on LBR, her 20 bar reversal trade has kicked some hind end today.
(12:38 PM) ppusa:
okay
(12:38 PM) ppusa:
i'll bite
(12:39 PM) ppusa:
what is a 20 bar reversal trade
(12:39 PM) johnl96:
it's on her web site
(12:39 PM) johnl96:
I'll get the link for you
(12:40 PM) johnl96: http://www.mrci.com/lbr/client/sheet/turtle.htm
(12:41 PM) ppusa:
thanks
(12:43 PM) Daniel X:
PP r u still in the 20 to 30 rt mode?
(12:44 PM) ppusa:
y
(12:44 PM) ppusa:
tried to quit
(12:45 PM) ppusa:
unless trend day
(12:45 PM) Daniel X:
and its going....
(12:45 PM) Daniel X:
?
(12:46 PM) ppusa:
on a trend day i like to screw it up from the start
(12:48 PM) Daniel X:
lol
(12:48 PM) Daniel X:
sorry i was AFK
(12:49 PM) cluetrain:
jimmer, do you ever trade off the 55tick or is it used to finesse entries and exits on larger time frames?
(12:49 PM) johnl96:
raschke buy on 3 min spx
(12:50 PM) johnl96:
barely
(12:52 PM) jimmer49:
clue - for me it is mostly the latter
(12:53 PM) Daniel X:
well we're about to close below 93 again this last 30 min bar
(12:54 PM) Daniel X:
i bet PnF needs a high right?
(12:54 PM) Daniel X:
PP?
(12:54 PM) ppusa:
only long term
(12:54 PM) ann_87:
all we need is howard to pop in
(12:54 PM) Daniel X:
k thnx
(12:54 PM) google_2:
lol ann
(12:56 PM) Daniel X:
small locals are the only traders on the floor right now
(12:56 PM) Daniel X:
brb
(12:57 PM) ppusa:
dan what does 93 mean toyou
(12:58 PM) ann_87:
72 is 62% retrace
(12:58 PM) ppusa:
is it a fib number or what?
(12:58 PM) google_2:
pp 96 is
(12:58 PM) ppusa:
thanks ann
(12:58 PM) ppusa:
so what is 93
(12:58 PM) google_2:
ask him
(12:59 PM) ppusa:
i see a brb
(12:59 PM) google_2:
you can see price stopped at 96
(12:59 PM) google_2:
which was early objective of railroad
(12:59 PM) google_2:
or should I say one of the possible objectives
(12:59 PM) ppusa:
what is a rr objective based on
(01:00 PM) ppusa:
the high of the prrevious rr?
(01:00 PM) Daniel X:
93 was the # we need to get above before the pit stops shorting the rallys
(01:01 PM) ppusa:
based on what
(01:01 PM) google_2:
dan ??
(01:01 PM) ppusa:
why
(01:01 PM) google_2:
never heard of that
(01:01 PM) ppusa:
do they have a sign that says sell here?
(01:01 PM) ppusa:
what the heck are you referriing to?
(01:01 PM) ann_87:
http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-05/Ann%20%20nq%20%20.jpg
(01:01 PM) raz_62:
do they even trade nq in the pit
(01:02 PM) Daniel X:
because we traded there alot yesterday and it's a major trouble area
(01:02 PM) Daniel X:
its a key trade point for bears to switch to bulls
(01:02 PM) ppusa:
okay so an overhead resistance number based on yesterday's price action
(01:03 PM) ppusa:
thank you very little
(01:03 PM) Daniel X:
pretty much much
(01:03 PM) Daniel X:
lol
(01:03 PM) ppusa:
do you ever watch the bonds?
(01:03 PM) Daniel X:
difference is...the pit is watching that 93 also
(01:04 PM) ppusa:
oh right
(01:04 PM) Daniel X:
nope no bonds
(01:04 PM) google_2:
pit watching 93??
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) Daniel X:
yes
(01:04 PM) ppusa:
they have better things todo
(01:05 PM) ppusa:
yea
(01:05 PM) Daniel X:
watch
(01:05 PM) ppusa:
you sound like trader paul
(01:05 PM) Daniel X:
lol
(01:05 PM) ppusa:
watch the bonds...watch the bonds
(01:06 PM) ppusa:
oh my gosh the bonds are up
(01:06 PM) ppusa:
i can't buy stocks
(01:06 PM) ppusa:
well paul we have been down now for 15 days without a bonce...do you think we should scalp a long?
(01:06 PM) ppusa:
no no watch the bonds
(01:06 PM) Daniel X:
we can chop between 73 and 86 but the market will confirm an up move only above 93
(01:07 PM) ppusa:
i think the number is 1593
(01:08 PM) ppusa:
yo dog........now i remember
(01:08 PM) ppusa:
we used to make fun of 93 as a price
(01:08 PM) ppusa:
remember?
(01:09 PM) Daniel X:
lol yes i remember!!lol
(01:10 PM) Daniel X:
i was short and cut it way too soon
(01:10 PM) ppusa:
1493
(01:10 PM) ppusa:
months ago
(01:10 PM) Daniel X:
it was the short of the month
(01:10 PM) google_2:
possble rule of 4 on 5 min
(01:12 PM) ppusa:
for what it is worth i think before any bottom the markets need to extend a bit more. meaning get oversold from here
(01:12 PM) google_2:
l78
(01:13 PM) ppusa:
as for today, we shoulda gone fishing after the first hour
(01:13 PM) scorp:
what do you think i have been doing all day, fishing
(01:13 PM) ppusa:
google ???
(01:14 PM) ann_87:
pp??????????
(01:15 PM) ppusa:
ann??????/
(01:15 PM) google_2:
pp???
(01:15 PM) google_2:
ann???
(01:16 PM) cluetrain:
is this a private misunderstanding or can anyone jump in?
(01:16 PM) ann_87:
lol
(01:16 PM) ppusa:
50 bar ma resis around 78 - 60?
(01:16 PM) google_2:
out -2
(01:17 PM) ann_87:
pp is that a 50 min??
(01:17 PM) ann_87:
or what time frame?
(01:17 PM) ppusa:
5 min
(01:17 PM) ppusa:
translated means the market is not oversold or overbought
(01:18 PM) ppusa:
so a rule of 4 trendline break has a very flat line i think?
(01:18 PM) raz_62:
dont that tend to occur when we stay in a 5 point range for 3 hours
(01:18 PM) ppusa:
sometimes raz
(01:18 PM) ppusa:
depends on the 3 hour period
(01:19 PM) ppusa:
you know it could be from 9 to 12 ... or 11 to 2....or
(01:21 PM) google_2:
l78.5
(01:22 PM) scorp:
broke rule of 4 trend?
(01:25 PM) ann_87:
http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-05/Ann%20rule%20of%204%20on%2030%20min.jpg
(01:25 PM) ppusa:
http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-05/Ann%20rule%20of%204%20on%2030%20min.jpg
(01:26 PM) ppusa: http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-05/Ann%20rule%20of%204%20on%2030%20min.jpg
(01:26 PM) johnl96:
now yer talking
(01:26 PM) scorp:
thank you
(01:27 PM) google_2:
out 1
(01:28 PM) ppusa:
i would love to see this close on the low. then tomorrow down to 1400 and rip right back
(01:30 PM) Daniel X:
well if go down through 69 to 65 area we'll test 57 with target at 40
(01:30 PM) Daniel X:
86 on this end 1rst
(01:31 PM) ppusa:
nice smax buy there
(01:31 PM) Daniel X:
then 93 and then..well you'll see
(01:31 PM) Daniel X:
where?
(01:31 PM) ppusa:
there
(01:31 PM) Daniel X:
86?
(01:32 PM) ppusa:
76
(01:32 PM) Daniel X:
oh ok
(01:32 PM) ppusa:
77 continuation buy
(01:33 PM) FrankT:
pp continuation from where...?
(01:33 PM) ppusa:
look at the 3 minute chart
(01:33 PM) google_2:
out +6 flat
(01:34 PM) ppusa:
smax continuation off recent pb low confirmed with a rule of 4 trend line break
(01:34 PM) ppusa:
nice google
(01:34 PM) google_2:
thank you ann for nice setup
(01:34 PM) Daniel X:
i admire you guys... and gals ofcourse who can trade these chop areas
(01:35 PM) johnl96:
what's a pb low pp?
(01:36 PM) Daniel X:
cannot go through 86 hhmmm
(01:36 PM) ppusa:
1471.5 the lowest pullback since the HOD
(01:36 PM) Daniel X:
70 support
(01:36 PM) ppusa:
and now probably through 86.5
(01:37 PM) ppusa:
BB resis up here
(01:37 PM) Daniel X:
it has to ..or else
(01:37 PM) mukul_10:
can anybody tell me whether there is a location in pal-talk to put my advertisement

(01:38 PM) ppusa:
i think i can i think i can
(01:38 PM) mukul_10:
can anybody tell me whether there is a location in pal-talk to put my advertisement
(01:38 PM) mukul_10:
ppusa, can u pls tell me where
(01:38 PM) ppusa:
probably not mukul
(01:38 PM) raz_62:
at the top
(01:38 PM) johnl96:
yes muk, some other room :-)
(01:38 PM) ppusa:
i was referring to our chat
(01:38 PM) raz_62:
in the banner window
(01:39 PM) mukul_10:
ppusa, r u sure that there is no such location
(01:39 PM) mukul_10:
john, which room
(01:39 PM) johnl96:
I was kidding mukul
(01:39 PM) Daniel X:
watch 93
(01:40 PM) google_2:
messed up that trade for sure
(01:40 PM) ppusa:
mukul we know nothing here...contact PalTalk
(01:40 PM) scorp:
well google, it took some time for it to get moving
(01:40 PM) Rose0001:
Chimp did that beautifully but my cable was down. :-(
(01:40 PM) ppusa:
and at least you tried
(01:40 PM) google_2:
yes scorp
(01:41 PM) google_2:
I cut down my position early
(01:41 PM) google_2:
so was left with 1
(01:41 PM) google_2:
anyway
(01:41 PM) raz_62:
and got 6 i was even
(01:41 PM) tippet:
upper channel line here
(01:41 PM) johnl96:
rose, I've only had cable internet for a couple of weeks, but when I lose it, I turn off the modem and reboot and it comes back up
(01:42 PM) Rose0001:
Thanks, John. It's a problem in this area. The TV goes fuzzy, too. The cable company is aware of it and working on it.
(01:43 PM) raz_62:
looks like we had a 1pm reversal of sorts
(01:43 PM) google_2:
ann's head and shoulders
(01:43 PM) google_2:
are now in place
(01:43 PM) Tom_B:
if were going dwn, that shd hold it..otherwise north
(01:43 PM) google_2:
we stopped at neckline
(01:44 PM) Daniel X:
93 must go
(01:44 PM) ppusa:
google if it will help at all, on that setup, smax confirmed beautifully with a buy at 77
(01:44 PM) google_2:
yes pp thanks
(01:45 PM) tomsurf:
3 humps on 1min
(01:45 PM) google_2:
s87.5
(01:45 PM) johnl96:
possible raschke sell coming up on 5 min es
(01:46 PM) ann_87:
john have you done a seminar with LbR?
(01:46 PM) ppusa:
guaranteed at least 85
(01:46 PM) ppusa:
pnf6
(01:46 PM) johnl96:
no, just becoming a huge fan
Paltalk:
This is a G rated voice group intended for a General Audience including minors. Offensive language is not permitted. To speak, hold the ctrl key down.
 
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.

(01:48 PM) johnl96:
google, I'm glad you pointed out the pun, I never woulda caught it
(01:48 PM) johnl96:
:)
(01:48 PM) ann_87:
so maybe pull back? and then inverse arc?
(01:49 PM) Daniel X:
we still need that 93 to reverse this bearish trend
(01:50 PM) google_2:
out 1
(01:50 PM) jimmer49:
ann, the arc narc
(01:51 PM) Rose0001:
Chimp crossed on 13 min so only doing long trades for now.
(01:51 PM) Rose0001:
Am I online?
(01:51 PM) ann_87:
no rose
(01:51 PM) Daniel X:
1505 after1493
(01:52 PM) johnl96:
yes rose
(01:52 PM) johnl96:
Bummer, 1st raschke loser today
(01:52 PM) Rose0001:
Ok, charts are back. Chimp still long from around 77.
(01:52 PM) google_2:
l90
(01:52 PM) scorp:
now you can talk about her again
(01:53 PM) google_2:
flat
(01:53 PM) google_2:
no long here
(01:53 PM) johnl96:
yeah, scorp, she's an idiot!!
(01:53 PM) raz_62:
man google you threw me off then
(01:53 PM) Daniel X:
should see a huge cover just above 93
(01:53 PM) johnl96:
:-)
(01:55 PM) Daniel X:
or they'll do what the've been doing a for days now...short every rally
(01:55 PM) ppusa:
still looking for 85
(01:56 PM) ann_87:
86.50 supp
(01:56 PM) tippet:
theyre buying the sox
(01:56 PM) ppusa:
yea so far no 85
(01:56 PM) tippet:
LL
(01:57 PM) google_2:
l91
(01:57 PM) ppusa:
this could run awhile
(01:57 PM) Daniel X:
squeze
(01:57 PM) ppusa:
i had 1512 as a potential HOD area
(01:57 PM) ppusa:
now smax is going to come in and say +300 for the day
(01:58 PM) ppusa:
from long at 77
(01:58 PM) google_2:
rose let me get there first
(01:58 PM) google_2:
:-)
(01:58 PM) Daniel X:
yep thats right
(01:58 PM) Daniel X:
come on 93
(01:59 PM) Tom_B:
1515 looks like a strong contender
(01:59 PM) Daniel X:
05 first point
(02:00 PM) ppusa:
so Dan if nq hits 93 it is going to go limit up right?
(02:00 PM) Daniel X:
then 11 to 15
(02:00 PM) Daniel X:
hope so ! lol
(02:00 PM) Tom_B:
of course there is the small matter of the HOD :)
(02:00 PM) ppusa:
there is no upside limit
(02:00 PM) ppusa:
only in premarket
(02:01 PM) google_2:
out 1
(02:01 PM) ppusa:
50 bar ma here on 15 min
(02:01 PM) raz_62:
what a short covering
(02:01 PM) raz_62:
amazing
(02:01 PM) Daniel X:
come on push through already
(02:01 PM) google_2:
flat
(02:01 PM) tomsurf:
just heard gold is spiking up today
(02:02 PM) Daniel X:
it has to go through and cme down and hold
(02:02 PM) ppusa:
i think it's a short
(02:02 PM) ppusa:
3 humps
(02:02 PM) tomsurf:
3 humps and barn
(02:02 PM) raz_62:
probably go now i stopped out
(02:03 PM) ppusa:
i haven't gone short buti'm looking...
(02:04 PM) ppusa:
rsuicide short
(02:04 PM) Daniel X:
hesistation and waitng for someone to take the lead
(02:04 PM) Daniel X:
in the pit
(02:04 PM) Rose0001:
Chimp has a one-track mind and he's long.
(02:04 PM) FrankT:
20 pt smax rule
(02:05 PM) Tom_B:
buy some Daniel :)
(02:05 PM) ppusa:
not me...sidelined
(02:05 PM) Daniel X:
i did
(02:05 PM) Tom_B:
i'm lng
(02:05 PM) google_2:
s92
(02:05 PM) ppusa:
dow is up 52...
(02:05 PM) ppusa:
was
(02:06 PM) Daniel X:
and stooped at 89.50
(02:06 PM) Tom_B:
i'm shrt
(02:06 PM) johnl96:
make up your mind Tom
(02:06 PM) Tom_B:
90.5
(02:07 PM) Rose0001:
Chimp out at 88. Takes him awhile, but he was in from 77.
(02:08 PM) google_2:
out 1 +5
(02:08 PM) Daniel X:
i gotta w8 for the 86 bounce
(02:08 PM) Tom_B:
had sar was lng
(02:08 PM) ppusa:
well what can i say except nothing
(02:09 PM) Tom_B:
manic mkt
(02:09 PM) ppusa:
tom you reversed?
(02:09 PM) ppusa:
good job
(02:09 PM) ppusa:
good trading
(02:09 PM) Daniel X:
well 93 did not hold so i guess we're back to sell every rally
(02:09 PM) google_2:
+5 flat
(02:09 PM) google_2:
waiting for fake
(02:10 PM) ppusa:
that was 6 point reversal so now could go for a run
(02:10 PM) Daniel X:
if 86 holds ..yes will run
(02:10 PM) ppusa:
it needed this little pb now any which way
(02:11 PM) Tom_B:
out of shrt
(02:11 PM) google_2:
probably I faked out myself
(02:12 PM) Rose0001:
LOL google.
(02:12 PM) Tom_B:
bk shrt, me too
(02:13 PM) google_2:
market usually tries to go again at critical points then reverse
(02:13 PM) google_2:
ann nice patterns though right? :-)
(02:14 PM) ann_87:
yes...!
(02:14 PM) Tom_B:
out grrr
(02:15 PM) ppusa:
tom sar continuously until stopped?
(02:15 PM) Tom_B:
until out of $
(02:16 PM) ppusa:
that works
(02:16 PM) Tom_B:
1 m H&S
(02:16 PM) ppusa:
10 point PnF could use a correction
(02:17 PM) ppusa:
not a necessity but cold
(02:18 PM) Daniel X:
market still needs a 30 min close above 93
(02:18 PM) google_2:
s88
(02:18 PM) ann_87:
resistance into 30 grail sell?
(02:19 PM) raz_62:
going broke on scratched trades
(02:20 PM) johnl96:
haven't been watching the nq, but the es has a mind of its own lately
(02:20 PM) raz_62:
i have 10 scratches today
(02:20 PM) Daniel X:
that many!!?
(02:21 PM) Daniel X:
ouch
(02:21 PM) tippet:
neckline brk?
(02:21 PM) johnl96:
wow raz!
(02:21 PM) google_2:
out 1 +4
(02:21 PM) raz_62:
my fault i guess moving stops to soon
(02:21 PM) johnl96:
but you make like 80 zillion trades a day don't you?
(02:22 PM) raz_62:
no just 12
(02:22 PM) ppusa:
that was 1/2 a point away from a 10 point reversal...imo enough for now to make that chart happy
(02:22 PM) ann_87:
http://www.mrci.com/lbr/charts/20020205/7.htm
(02:22 PM) ppusa:
looks like it could make another attempt at the highs now
(02:22 PM) johnl96:
raschke buy on 1 min es
(02:23 PM) johnl96:
what's that ann?
(02:23 PM) google_2:
flart
(02:23 PM) johnl96:
hey, watch your language, young lady!
(02:24 PM) jimmer49:
Now that's a new one
(02:24 PM) google_2:
flat
(02:24 PM) google_2:
here
(02:24 PM) ann_87:
flart ... that's a new one
(02:24 PM) scorp:
lol, typically my trades end in a flart
(02:24 PM) google_2:
support on 15 min
(02:24 PM) johnl96:
I'm flong
(02:25 PM) johnl96:
I was flort
(02:25 PM) jimmer49:
did you set a flop?
(02:25 PM) Tom_B:
flong
(02:25 PM) Daniel X:
stay above here till 1430 and its done
(02:26 PM) Daniel X:
14:30
(02:26 PM) Daniel X:
wowo what a ceiling
(02:27 PM) Daniel X:
smax lon also
(02:27 PM) Daniel X:
long
(02:27 PM) ppusa:
1503 was yesterday's high bounce area
(02:27 PM) Daniel X:
i got 05 as target 1
(02:27 PM) google_2:
nice pattern
(02:27 PM) google_2:
has no name though
(02:27 PM) raz_62:
which way does it go
(02:28 PM) ann_87:
on 5 min?? google
(02:28 PM) ann_87:
?
(02:28 PM) google_2:
just kidding ann
(02:28 PM) google_2:
I'm staying out of this for now
(02:29 PM) Daniel X:
finally
(02:29 PM) raz_62:
40 seconds dan
(02:30 PM) Daniel X:
hey were gonna close above 93 thats right
(02:30 PM) Doctor Zaius:
flart - (noun) The sound a trader makes when getting out of a stinky trade
(02:30 PM) Doctor Zaius:
...sorry...
(02:30 PM) Rose0001:
LOL, Doc.
(02:30 PM) Tom_B:
lol
(02:30 PM) google_2:
you had to add your 2 cents
(02:30 PM) google_2:
thanks for your insights
(02:30 PM) google_2:
lol
(02:31 PM) Doctor Zaius:
;)
(02:31 PM) Daniel X:
come on guys jump on already
(02:32 PM) ppusa:
3 humps now?
(02:32 PM) ppusa:
forget the humps here?
(02:32 PM) google_2:
pp
(02:32 PM) tomsurf:
just hit 45min 20ema there on that push up
(02:32 PM) raz_62:
it has a headache
(02:32 PM) Daniel X:
lets see if they've found a cure for Enronitis
(02:32 PM) google_2:
watch the 2 day inverted h&s
(02:33 PM) ann_87:
lower high 55 tick
(02:33 PM) tomsurf:
googs, looks like we're at neckline in here (95) area
(02:34 PM) google_2:
is the level
(02:34 PM) johnl96:
LBR's 6 for 7 on the turtle reversals
(02:34 PM) tomsurf:
ok :-)
(02:34 PM) johnl96:
well, 5 for 7, one was b/e
(02:36 PM) Doctor Zaius:
I have a paltalk question:
(02:37 PM) google_2:
many stops here
(02:37 PM) tippet:
98 the 38% retra off the 2/01high
(02:37 PM) Doctor Zaius:
How can I save the entire day's chat? I can copy, but for example, today's chat only goes to ~1:30 (some gets lost I guess)
(02:38 PM) tippet:
01 the 20ema60
(02:38 PM) johnl96:
I don't think you can Doc
(02:38 PM) ann_87:
doc Z better after close
(02:38 PM) Daniel X:
bullish bias in looking for 1505
(02:38 PM) Doctor Zaius:
gotcha
(02:40 PM) Tom_B:
y noy 21 ?
(02:41 PM) Daniel X:
05 1rst
(02:42 PM) Daniel X:
er PP ur not short r yah?
(02:42 PM) Tom_B:
agree 5, 15 21
(02:43 PM) Daniel X:
i dont like it when PP gets quiet
(02:43 PM) ppusa:
watching something
(02:43 PM) Daniel X:
oh ok
(02:43 PM) ppusa:
was shiort at 99
(02:43 PM) ppusa:
gotout
(02:44 PM) raz_62:
was long but stopped out again
(02:44 PM) ppusa:
obot now PnF a little
(02:44 PM) Daniel X:
i bet
(02:44 PM) ppusa:
like to see a little more up
(02:45 PM) Daniel X:
we should
(02:45 PM) ppusa:
whatever
(02:45 PM) ppusa:
the trades todat were selling the high buying the low selling the high and buying at 77 to here. everything else was mediocre
(02:45 PM) google_2:
s98
(02:46 PM) Daniel X:
no shorts plz
(02:46 PM) tomsurf:
pp- selling high and buying low would be the trade to make everday, LOL
(02:46 PM) scorp:
.
(02:46 PM) raz_62:
for sure
(02:47 PM) Daniel X:
too risky
(02:47 PM) Daniel X:
for me
(02:47 PM) raz_62:
google sat thru being 3 down cant beleive it
(02:48 PM) Daniel X:
we have bullish bias ..not panick buying just yet
(02:48 PM) Daniel X:
i mean frantic
(02:48 PM) google_2:
after breakout need to test support
(02:48 PM) google_2:
reason for trade
(02:48 PM) Daniel X:
93 has to hold now
(02:49 PM) Daniel X:
oh oh gotcha
(02:49 PM) ann_87:
96.50 test
(02:49 PM) Daniel X:
Smax attempting a neg print
(02:49 PM) tippet:
also 1st touch on 20ema60
(02:50 PM) google_2:
out 1 +3
(02:51 PM) raz_62:
it sure looks easy when you do it
(02:51 PM) Daniel X:
now things should be changing to buy the dips instead of short the rallys
(02:51 PM) Daniel X:
"should"
(02:51 PM) ppusa:
i would like to see one more day down
(02:52 PM) google_2:
out +5 flat
(02:54 PM) sb17:
the close will be interesting
(02:54 PM) sb17:
ES looking toppy
(02:54 PM) Daniel X:
we need abig day this week
(02:55 PM) google_2:
we need to test
(02:55 PM) Daniel X:
don't think this will be the one
(02:55 PM) google_2:
rule of 4
(02:55 PM) sb17:
yes, google, test
(02:56 PM) google_2:
look at all charts posted for rule of 4
(02:56 PM) google_2:
after first breakout there's usually a retracement to test support
(02:56 PM) google_2:
the sad part is google is flat
(02:57 PM) sb17:
ha ha
(02:57 PM) raz_62:
why
(02:57 PM) raz_62:
is google flat
(02:57 PM) sb17:
where are these rules?
(02:58 PM) google_2:
rules??
(02:58 PM) sb17:
you mentioned rule of 4
(02:58 PM) google_2:
check charts posted
(02:58 PM) google_2:
ann's charts in today's folder
(02:58 PM) sb17:
thanks
(02:59 PM) Daniel X:
brb
(03:01 PM) sb17:
i've been monitoring Retro's approach on the side today. Working ok.
(03:01 PM) sb17:
with ES
(03:03 PM) tippet:
Daschle -stim pkg dead
(03:04 PM) johnl96:
good
(03:04 PM) google_2:
was a good setup
(03:04 PM) Daniel X:
damn ..just when things were going well
(03:05 PM) ppusa:
great setup google i tried it
(03:05 PM) google_2:
glad it worked for you
(03:05 PM) google_2:
I'm such an airhead
(03:05 PM) ppusa:
PnF confirmed
(03:05 PM) ppusa:
i was wondering why you covered second?
(03:06 PM) google_2:
15 min is what gave all the clues for today
(03:07 PM) ppusa:
lots of clues, lots of chars
(03:07 PM) ppusa:
ts
(03:07 PM) sb17:
google, due you trade off the 15
(03:07 PM) sb17:
?
(03:07 PM) google_2:
I look at patterns sb
(03:07 PM) Daniel X:
the News caused this
(03:08 PM) ppusa:
technicals confirmed every move
(03:08 PM) ppusa:
so what? you said 1430
(03:09 PM) ppusa:
they just needed to get some longs in
(03:09 PM) Daniel X:
yes 1440 if we cannot get and hold 93
(03:09 PM) ppusa:
how come it stopped dead at 50 bar ma on 60 min as Tippet said?
(03:09 PM) ppusa:
20 bar
(03:09 PM) tomsurf:
looks like the dam chimp knew the news too, lol
(03:09 PM) Rose0001:
LOL
(03:10 PM) google_2:
news was out before that, ran it up, faded it
(03:10 PM) google_2:
lol tom
(03:10 PM) Daniel X:
how long was the news out?
(03:10 PM) tomsurf:
;-)
(03:10 PM) tomsurf:
chimp an insider
(03:10 PM) Tom_B:
Chimp was "itching" to get shrt
(03:10 PM) google_2:
I think I found a trading partner
(03:10 PM) Rose0001:
:-)
(03:11 PM) MartyJ01:
give chimp a banana :)
(03:11 PM) tomsurf:
well googs, you're gonna have to share him/her
(03:11 PM) google_2:
with who?
(03:12 PM) tomsurf:
me, if it's the chimp, lol
(03:12 PM) tippet:
trendline off lows test
(03:12 PM) google_2:
lol
(03:13 PM) tippet:
50%
(03:13 PM) google_2:
geez
(03:15 PM) ppusa:
this one was pretty obvious
(03:15 PM) johnl96:
I'm gonna have to dust off my copy of Street Smarts
(03:15 PM) Daniel X:
oh yes of course it was
(03:15 PM) ann_87:
74 area yest low the test of line?
(03:15 PM) johnl96:
if I can find it
(03:15 PM) Daniel X:
if it was obviuos i would have seen it
(03:15 PM) ppusa:
why do you think i was shorting it up there
(03:15 PM) ppusa:
google too
(03:16 PM) tomsurf:
pp- they all look obvious after the fact ;-)
(03:16 PM) ppusa:
seriously
(03:16 PM) google_2:
nobody knows
(03:16 PM) ppusa:
i know what you are all thinking but
(03:16 PM) Daniel X:
i only got in at 85.50
(03:16 PM) google_2:
we just trade probabilities
(03:16 PM) Rose0001:
Chimp still holding short.
(03:17 PM) sb17:
rose, where did you enter with chimp?
(03:17 PM) johnl96:
so is raschke
(03:17 PM) Rose0001:
I cheated. I entered even though 13 min didn't give the confirmation.
(03:18 PM) sb17:
no cheating there....i told you that the 13 was a laggard...:-)
(03:18 PM) Daniel X:
cheating works
(03:18 PM) hanksterr:
me too rose lol
(03:18 PM) ppusa:
i don't want to sound ridiculous but i did say up there i was still looking for another leg down...leave it at that okay
(03:18 PM) Rose0001:
SB, that's why I'm saying tht I'm trying to come up with some new chimp rules. Trying different things.
(03:19 PM) google_2:
l76
(03:19 PM) Daniel X:
i heard you PP but did not want to short between 93 and 90
(03:19 PM) Tom_B:
cvrd shrt 76
(03:19 PM) ppusa:
well it scared me to death too but being scared and seeing something obvious are things i need to deal with
(03:19 PM) Tom_B:
agnst yest lo 73.5
(03:20 PM) ppusa:
having a very hard time doing it
(03:20 PM) sb17:
rose...as you know, i like your 5ema1 and 15ema1 "pointer" procedure
(03:20 PM) google_2:
out -3
(03:20 PM) Daniel X:
it's like this"if u don't like your price just wait you'll see it again"!!!
(03:20 PM) Rose0001:
So far, that seems to work well.
(03:21 PM) Daniel X:
69 support
(03:21 PM) google_2:
l74
(03:21 PM) ppusa:
think i will trade q's for awhile...overcome my fear....sold them at 37.11 on the way down
(03:22 PM) tippet:
Anne your old support line here
(03:22 PM) ann_87:
rule of 4 55 tick maybe coming
(03:22 PM) Daniel X:
you still have fear PP?
(03:22 PM) tomsurf:
good eye ann
(03:23 PM) ppusa:
like you wouldn't believe except on the stupid trades
(03:23 PM) ppusa:
LL below 71.5
(03:23 PM) google_2:
flat -2
(03:23 PM) Daniel X:
owo
(03:23 PM) ppusa:
only for scalp
(03:23 PM) Daniel X:
wow
(03:24 PM) ppusa:
low of the day a possibility
(03:24 PM) Daniel X:
40
(03:24 PM) Tom_B:
63-64
(03:25 PM) ppusa:
hopefully not right now
(03:25 PM) ann_87:
gann test goog
(03:27 PM) ppusa:
google whole session after first HOD a gartley?
(03:27 PM) Daniel X:
moved stop to 74
(03:27 PM) Daniel X:
above res
(03:29 PM) Daniel X:
watching the 200 on the 5 min
(03:29 PM) ppusa:
out of scalp
(03:31 PM) johnl96:
I think I'm going to build a statue of Linda Raschke in my front yard
(03:31 PM) Tom_B:
Chimp flexes
(03:31 PM) Rose0001:
Still short from 96.
(03:31 PM) Tom_B:
great Rose !!!
(03:32 PM) Rose0001:
Chimp keeps me from gettng out too soon, but often get out a little later than would like to. That's the tradeoff.
(03:32 PM) ann_87:
great rose
(03:32 PM) Daniel X:
only 85.50 here
(03:32 PM) ppusa:
shut off computer and leave
(03:33 PM) Daniel X:
Lehman sold 120 NDH locals jumped on
(03:34 PM) ppusa:
dan where are you getting your floor info?
(03:34 PM) Daniel X:
tell u after theclose
(03:34 PM) ann_87:
57 grail gets obj
(03:34 PM) ppusa:
tyco free fall
(03:34 PM) Rose0001:
NQ tick -127
(03:35 PM) Rose0001:
1257
(03:35 PM) Daniel X:
52 support next
(03:35 PM) ann_87:
ticks -900
(03:36 PM) Tom_B:
Always tough...hold or fold ?
(03:36 PM) Rose0001:
I'm out at 58. Chimp still short.
(03:36 PM) ppusa:
attention chimp traders!!!
(03:36 PM) Daniel X:
out on RSI oversold
(03:36 PM) ppusa:
nice rose
(03:37 PM) Rose0001:
Thanks, PP.
(03:37 PM) sb17:
very nice, rose
(03:37 PM) sb17:
what, ppusa?
(03:37 PM) ppusa:
that's it for me...it's the chimp and snax period
(03:37 PM) ppusa:
who wants my P and GF charts?
(03:37 PM) dave_b_quik:
nice discipline rose
(03:37 PM) Tom_B:
still shrt here... :(
(03:38 PM) Rose0001:
Makes up for all the times that chimp gets in too late and out too early.
(03:38 PM) Daniel X:
anyone still short/
(03:38 PM) ppusa:
tom you cowboy
(03:38 PM) Daniel X:
?
(03:38 PM) johnl96:
just went long es
(03:38 PM) johnl96:
was short from before 3:00
(03:39 PM) Daniel X:
from 3 @ what price?
(03:40 PM) Daniel X:
i only got in at 85.50
(03:40 PM) ppusa:
that is so pathetic
(03:40 PM) Daniel X:
what is?
(03:40 PM) raz_62:
dang i had to leave and look what happened
(03:41 PM) ppusa:
85.5
(03:41 PM) ppusa:
i hope everyone knows i am pulling your leg including you
(03:41 PM) Tom_B:
out
(03:41 PM) Daniel X:
oh ok
(03:42 PM) Daniel X:
i didn't see short until 93 broke
(03:42 PM) sb17:
rose, check your instant message
(03:42 PM) jimmer49:
smax 97-64
(03:42 PM) Daniel X:
im not a short the top trader
(03:42 PM) jimmer49:
this is the kind of day that smax was made for
(03:43 PM) ppusa:
like 5 trades all winners
(03:43 PM) google_2:
looks like I'm the only one who messed up here
(03:43 PM) ppusa:
did i leaveout the word big?
(03:43 PM) Daniel X:
and on Smax i only or i should say mostly take the histogram cross along with the emas in con juction
(03:43 PM) ppusa:
i did google
(03:43 PM) ppusa:
out early of course
(03:43 PM) TheBigD:
jimmer what does 97-64 mean? (apologies from the newbie for asking)
(03:44 PM) raz_62:
well here we go with a closing prediction again71.5
(03:44 PM) johnl96:
understandable, google, you're probably tired from counting all your money!!
(03:44 PM) johnl96:
:)
(03:45 PM) Daniel X:
we gonna close around the open looks like huh..
(03:45 PM) ppusa:
50
(03:45 PM) google_2:
ok everyone have a nice evening and I'll see you tomorrow
(03:45 PM) raz_62:
bye
(03:46 PM) Rose0001:
Bye, google.
(03:46 PM) Daniel X:
c ya
(03:47 PM) tomsurf:
bye googs
(03:47 PM) Daniel X:
locals racing each other due to a lack of dealer bids
(03:47 PM) Daniel X:
covering
(03:48 PM) Daniel X:
14:41
(03:48 PM) Tom_B:
Bye All
(03:48 PM) Daniel X:
bys om
(03:49 PM) Rose0001:
Bye Tom.
(03:49 PM) ann_87:
bye tom
(03:56 PM) sb17:
See you in a while. Gotta go to the gym.
(03:57 PM) johnl96:
have I mentioned my extreme fondness for Linda Raschke?
(03:57 PM) johnl96:
see ya sb
(03:58 PM) Owlee123:
rose, what is the chimps secret for entering and not getting out early
(03:59 PM) Rose0001:
Chimp often gets in too late and out too late, but I'm trying to find alternative entries using patterns.
(03:59 PM) Rose0001:
It keeps you in these beautiful long trades though. That's the beauty of the chimp trade.
(04:00 PM) johnl96:
rose, you'll find that's a problem with anything based on MA's
(04:00 PM) Owlee123:
chimp was the only one who managed to stay for the big swing down
(04:00 PM) johnl96:
I did
(04:00 PM) hanksterr:
rose what got you out at 1458
(04:00 PM) Daniel X:
well thats it for me... 51 on the day and i have a migrain
(04:00 PM) Daniel X:
what do u mean the only ne
(04:00 PM) Rose0001:
The huge NQ negative tick and the fact that it was the LOD.
(04:01 PM) Daniel X:
i was in from 85.50 till 61.50
(04:01 PM) hanksterr:
ok thx rose
(04:01 PM) jimmer49:
51 points is good medicine for a migrain
(04:01 PM) TurnSig:
So is cold water on the head.
(04:02 PM) Rose0001:
Chimp would get you out much much later than 58.
(04:02 PM) Owlee123:
is chimp using smax?
(04:02 PM) johnl96:
try soaking your hands in ice water Daniel (I'm serious)
(04:02 PM) Daniel X:
bye all
(04:02 PM) johnl96:
works for my cluster headaches
(04:02 PM) Daniel X:
stop pulling my legs
(04:02 PM) ppusa:
rose i have a suggestion you could look at to help exits...what about a 3 minute chart with a bar that gets a higher high
(04:04 PM) Rose0001:
I try to use a combination of thing. But it's all discretionary based on everything I know so it's hard to come up with strick rules for others to use.
(04:05 PM) Rose0001:
Like you can't use a very negative tick as an exit rule. THat's just something that sometimes works, Other times it's LSS, other times FIB number etc.
(04:05 PM) Rose0001:
So it's hard for me to give suggestions other than the way Enthios has chimp written up because I'm still struggling with how to improve the entries and exits.