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. Tom_B: HI tippet: k (09:25 AM) sb17: quick tip (09:25 AM) sb17: we were talking last night about programs which kill pop-up screens... (09:25 AM) sb17: ..here's a couple of places to get them (09:25 AM) sb17: ... (09:26 AM) dave_b_quik: g'morning (09:26 AM) sb17: http://www.zdnet.com/downloads/stories/info/0,10615,41154,00.html (09:26 AM) sb17: http://www.webwasher.com/ (09:26 AM) Tom_B: has anyone ident a better one, take min resources ? (09:26 AM) tomsurf: moring dave (09:26 AM) sb17: these programs may solve the annoying PalTalk pop-ups (09:26 AM) Tom_B: of the choices ? (09:27 AM) thoff: gm dave] (09:27 AM) thoff: and everyone (09:28 AM) sb17: ES globex 1115.50 1101.75 (09:28 AM) sb17: correction 1109.25 for low (09:28 AM) sb17: Chicago PMI at 9:00 central time (09:29 AM) sb17: think we might be stuck in the larger range for a day or two (09:29 AM) tippet: NAPM at 10 est right? (09:29 AM) Dotcoza: Y (09:30 AM) tippet: 92 38% of move (09:30 AM) sb17: Chicago PMI at 10 est (09:31 AM) dave_b_quik: ppusa set his bagel on the key (09:31 AM) Buffy_04364: LOL (09:31 AM) Tom_B: 94.5 int # (09:31 AM) Dotcoza: :-) (09:32 AM) Buffy_04364: does posting the bos and tos lines in pyra each day help anyone? (09:32 AM) tomsurf: 1394= daily pivot too (09:32 AM) Tom_B: shrt (09:32 AM) tomsurf: Buffy- big time :-) (09:32 AM) Buffy_04364: 1:30 is money supply (09:32 AM) Buffy_04364: ok (09:32 AM) Buffy_04364: tks tom (09:32 AM) scorp: 10am number big (09:33 AM) tippet: trdnline on 144t below (09:34 AM) Buffy_04364: http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-28/Buffy-Pyra%20bos%20tos5.gif (09:34 AM) ppusa: shorted (09:34 AM) scorp: short too (09:34 AM) tippet: trendline intact 20ema5 here (09:34 AM) scorp: although, ttmar mode (09:35 AM) ppusa: looking for retest (09:35 AM) ppusa: same (09:35 AM) ppusa: limit order below (09:35 AM) ppusa: got the TL (09:36 AM) ppusa: here (09:36 AM) scorp: i'm out, just to get a winner out of the way (09:36 AM) ehuge: take the $$ (09:38 AM) scorp: i really don't like these 10am numbrs (09:38 AM) ehuge: why can't they have them the night before and release pre market (09:38 AM) tippet: LS (09:38 AM) ppusa: looks like flag on 60 (09:38 AM) tippet: hovering over trline (09:39 AM) Buffy_04364: just something to make trading more nuts ehuge (09:39 AM) Tom_B: out b/e (09:39 AM) scorp: there is a big trendline on 144T that start at 3:10 yesterday (09:39 AM) scorp: day session only (09:40 AM) tippet: y leaked (09:40 AM) tippet: # (09:40 AM) tippet: ? (09:40 AM) scorp: http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-28/scorp18.jpg (09:40 AM) scorp: my guess we break that and down we go (09:40 AM) ppusa: nice fakey (09:41 AM) tippet: sell diver (09:41 AM) Buffy_04364: yep but didn't take out poke bar (09:41 AM) Buffy_04364: :-) (09:41 AM) scorp: we have divergence (09:41 AM) ppusa: break the darn line (09:41 AM) sb17: Chimp is flat with slight upward bias (09:41 AM) scorp: bline heading down too (09:42 AM) scorp: umbrella forming (09:42 AM) Tom_B: Schitzo mkt (09:42 AM) Buffy_04364: 5M has crossed (09:42 AM) Buffy_04364: 20M not yet (09:42 AM) Tom_B: dwn/up ? (09:42 AM) Buffy_04364: MAs so flat........ (09:42 AM) prakso3: sell divergence on 55T ?? (09:43 AM) Buffy_04364: yes if you want to go that small (09:43 AM) scorp: LS (09:43 AM) Buffy_04364: not as trustworthy as higher tf (09:43 AM) Tom_B: Buff...up/dn / (09:43 AM) sb17: suggestion...when you report on a contract, can you precede it with NQ or ES...then we know what you're talking about (09:43 AM) prakso3: thx buffy (09:43 AM) scorp: but not getting in if we get too close to 10am (09:43 AM) Buffy_04364: lean towards down but nothing concrete (09:43 AM) scorp: not playing with the number (09:43 AM) Buffy_04364: it is confused (09:43 AM) scorp: right, patience (09:44 AM) Buffy_04364: as usual before report (09:44 AM) Tom_B: same hre...hldng #'s so far (09:44 AM) Buffy_04364: ib on 4m (09:44 AM) ehuge: NQ higher lows (09:44 AM) tippet: tline here....20ema5 right below (09:44 AM) tomsurf: SOX offering no clue, in little C&H on 5min (09:44 AM) Buffy_04364: so we wait (09:44 AM) sb17: i think "they" are trying to sucker people in here (09:44 AM) tippet: tline crk (09:44 AM) tippet: watch the 20 (09:44 AM) Tom_B: still posss RO4 on 3m (09:44 AM) ppusa: breakdown (09:45 AM) tippet: short (09:45 AM) ppusa: careful (09:45 AM) sb17: ES 3M BLine leaning down (09:45 AM) Bob Cole: Good morning (09:45 AM) ppusa: not real happy with this one (09:46 AM) Tom_B: hi bob (09:46 AM) tippet: geez (09:46 AM) ppusa: do or die here (09:46 AM) Bob Cole: been on vacation... hope you have been doing well Tom. (09:46 AM) sb17: you know they're waiting for the number (09:46 AM) sb17: ..so i'll go wash my breakfast bowl...lol (09:47 AM) Tom_B: looks like a shrt but how do u manage risk ?? (09:47 AM) ppusa: go tippet (09:47 AM) ppusa: stop now (09:47 AM) p_8: diabolical move is up (09:47 AM) ppusa: b/e (09:47 AM) ppusa: i covered here just because it's early (09:47 AM) ppusa: held short (09:47 AM) scorp: that trendline is going to be resistance? (09:48 AM) ppusa: no lower high (09:48 AM) ppusa: actually not true there is one (09:48 AM) scorp: right we did (09:48 AM) tippet: out (09:49 AM) Tom_B: 3m mini flag, dwn...RO4 still poss...grrr (09:49 AM) ppusa: it's just early (09:49 AM) ppusa: most of the charts look like they need sideways (09:49 AM) Buffy_04364: hmmm (09:50 AM) scorp: trendline proved resistance so far (09:50 AM) ppusa: 10 minutes to report (09:50 AM) ppusa: not much we can do (09:50 AM) tippet: #'c gonna create chop (09:51 AM) Tom_B: prob spike...hope it's up :)...to get shrt (09:51 AM) Tom_B: Remember we got ALL day (09:51 AM) Bob Cole: did the #'s leak? (09:52 AM) mj200: prob (09:52 AM) ehuge: No just a run up to the # (09:53 AM) Tom_B: stop pop (09:53 AM) scorp: going for coffee - holding pattern here (09:53 AM) Tom_B: 94.5 int # (09:53 AM) ehuge: but nice bottom (09:54 AM) mj200: help wanted index same as before 47 (09:55 AM) tippet: 20ema60 (09:55 AM) scorp: i hope we don't get the data lag again today (09:56 AM) ehuge: IB keeps up (09:56 AM) ehuge: I don't know why the others cant (09:56 AM) Tom_B: trdng boring otherwise right scorp :) (09:56 AM) tippet: lower tr line to triangle overhead and then the 200ema15 at 02 and 62% at05.5 (09:56 AM) Bob Cole: short at 1393 (09:57 AM) Tom_B: Yikes Bob rept 2 min (09:57 AM) tippet: 5min to number (09:57 AM) Tom_B: who's got the rite time ? (09:57 AM) p_8: 3min to number (09:57 AM) scorp: looks like everyone is waiting (09:57 AM) scorp: small bars here (09:58 AM) scorp: shelf? (09:58 AM) scorp: flag? (09:58 AM) Dotcoza: I am not able to login to Briefing.com.......will someone keep us up to speed with those numbers PLS. (09:58 AM) ppusa: i think the report is going to mess us up (09:58 AM) ppusa: have to look for another setup (09:58 AM) scorp: yes, i think you are right (09:59 AM) ppusa: hour chart doesn't look like it's setup enough for anything good (09:59 AM) ppusa: i'm just hoping it turns into a flag (10:00 AM) p_8: #? (10:00 AM) Tom_B: Right now not making a bad trde is vry imp't (10:00 AM) ehuge: here the NQ midpoint 1398.50 (10:00 AM) Tom_B: 1400-02 res (10:00 AM) scorp: right, so i choose no trade (10:01 AM) Tom_B: nic espike (10:01 AM) tippet: hit 62% (10:01 AM) mj200: 53.1 vs 45.1 (10:01 AM) mj200: pur mgr ind (10:02 AM) sb17: dog pile at the moment (10:02 AM) ppusa: trying to take it through yester high?? (10:02 AM) ppusa: a little early for that i think (10:02 AM) ppusa: but (10:02 AM) BrainStorm: beware 3rd party data feed laggy (10:03 AM) tippet: top of tringle next (10:03 AM) ppusa: all ma's up (10:04 AM) Buffy_04364: tos to consider are 1406.00 and 1413.50 (10:04 AM) ppusa: at least for pb (10:04 AM) ppusa: ls (10:05 AM) FrankT: lag about 30 sec (10:05 AM) Buffy_04364: tks frank (10:05 AM) tippet: triangle upper line ...ewave guy onischka saw 1407 resis(brk would be bullish) and 1425 after (10:05 AM) sb17: no date problem here...esignal (10:05 AM) FrankT: qcharts slow vs IB (10:05 AM) tippet: also called bottom yest (10:05 AM) ehuge: waiting for a swing failure (10:06 AM) scorp: esignal is lagged (10:06 AM) Tom_B: had 06 as nxt then 16 (10:06 AM) tippet: esign frz (10:06 AM) Buffy_04364: working here (10:06 AM) Tom_B: getting annoyed with these data feed issues (10:07 AM) tomsurf: me too, just reconnected to see if it'd help (10:07 AM) sb17: ES...looking for retest short divergence (10:07 AM) Buffy_04364: cme has two feeds one to brokers and one to quote providers guess who isn't getting them in a timely manner (10:07 AM) FrankT: good point Buffy (10:07 AM) scorp: and guess who is coming out with a quote feed for a monthly fee? (10:08 AM) scorp: with charts etc. (10:08 AM) FrankT: looks like synched again (10:08 AM) scorp: CME is the answer to the question (10:08 AM) tippet: heard cme is coming out with their own chart service (10:08 AM) scorp: what a nice way to drum up business before the March 4 launch (10:09 AM) scorp: missed an umbrella (10:09 AM) mj200: part of big charts i think from site (10:09 AM) trader_29: http://www.cme.com/prices/equotes/index.cfm (10:10 AM) sb17: CME should focus on keeping Globex working right (10:10 AM) scorp: http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-28/scorp19.jpg (10:10 AM) ppusa: hold or fold (10:10 AM) sb17: ES no retest yet (10:11 AM) ppusa: covered (10:11 AM) scorp: dont know; but should be short off umbrella (10:11 AM) scorp: i need to be more attentive (10:11 AM) Casper-22: morning all (10:11 AM) scorp: support found on that early trendline i drew (10:11 AM) ppusa: unannounced short (10:11 AM) ppusa: you know i had to do it (10:12 AM) jayem71: looks like ur poc is holding us back (10:12 AM) jayem71: sorry guys (10:12 AM) ppusa: 2 10 point reversals this am (10:13 AM) tippet: "poc" ??? (10:14 AM) jayem71: point of control (10:14 AM) jayem71: message not meant for here,sorry (10:14 AM) sb17: ES Chimp flat (10:15 AM) sb17: ES BL 1m no retracement yet (10:15 AM) sb17: BL falling (10:16 AM) Buffy_04364: this is a shelf (10:16 AM) Buffy_04364: which way (10:16 AM) sb17: chimp buy here (10:16 AM) sb17: not taking it (10:16 AM) sb17: looks weak (10:18 AM) sb17: ES 1M BL flat (10:18 AM) scorp: we might be settingup buy divergence here (10:18 AM) Tom_B: shrt (10:18 AM) scorp: hasn't broken the shelf to downside (10:19 AM) Tom_B: true (10:19 AM) scorp: tom, i ddnt mean to jump on your trade (10:19 AM) Buffy_04364: pyra says upif takes out last high (10:20 AM) tippet: same tline held (10:20 AM) Tom_B: nbd, it's not like i hvn't had a losing trde hre :) (10:22 AM) tippet: but poss setting up h&s (10:24 AM) scorp: interesting how my original trendline is holding resistance (10:25 AM) Buffy_04364: test of high? (10:25 AM) ppusa: test or flag (10:25 AM) scorp: grrrr (10:25 AM) ppusa: i mean was a flag or will be one (10:26 AM) ppusa: bear bull high or low?? (10:26 AM) scorp: the signals are there, just need to see them sooner (10:26 AM) tippet: anyone see poss cup and handle on 5 (10:26 AM) ppusa: this has been in up all am (10:26 AM) scorp: YES (10:27 AM) tomsurf: tip- ya, been watching on 3min too (10:27 AM) ppusa: that's really what this is all about (10:27 AM) Buffy_04364: sure do tks (10:28 AM) sb17: ES let shoulder, head?, right shoulder coming? (10:28 AM) sb17: left (10:29 AM) tippet: if we break down here and brk trendline (newly drawn its h&s...but notice es hod and test of yest aft high (10:29 AM) scorp: why does my note not move when i move my chart (10:29 AM) ehuge: swing failure short 1401 (10:29 AM) ppusa: we don't get a good trendline break for quite awhile..maybe a minor but not a good one (10:29 AM) scorp: lower high? (10:30 AM) ppusa: triangle here (10:30 AM) ppusa: like yesterday (10:30 AM) Buffy_04364: yes scorp need to see if higher low (10:30 AM) ppusa: a breakdown may not come until late in the day if at all (10:30 AM) Buffy_04364: is your note pinned or not pinned (10:30 AM) scorp: thats probably it (10:31 AM) scorp: thks buffy (10:31 AM) ehuge: here we go (10:31 AM) Tom_B: shrt (10:31 AM) ehuge: out 1 trail the 2nd (10:34 AM) ehuge: add another 66 (10:35 AM) ehuge: wheee :-) (10:35 AM) tippet: head & s working (10:35 AM) Tom_B: watch 87-88 (10:35 AM) sb17: darn...i'm slow on those divergences (10:36 AM) tippet: now bigger tline (10:36 AM) scorp: darn is right (10:36 AM) ppusa: TL (10:36 AM) tippet: this has 3 humps on the 5min (10:36 AM) ehuge: I didn't have dirvergance / (10:36 AM) ehuge: ? (10:36 AM) scorp: i dont either, but sb is looking at es (10:37 AM) ppusa: still may setup on a bounce (10:37 AM) ehuge: I had a swing failure and a pivit breakdown (10:38 AM) sb17: there was 1m Stoch BL divergence (10:38 AM) tomsurf: sox droped like a rock there (10:38 AM) sb17: i hate it when i miss those...because they drop quick (10:38 AM) Buffy_04364: also on 55T and 89T (10:38 AM) scorp: another shelf? (10:38 AM) FrankT: ES bouncing off 5m TL (10:38 AM) Buffy_04364: yep (10:38 AM) ehuge: out at 1490 round number (10:39 AM) Buffy_04364: hitting tl on 4m (10:39 AM) ehuge: 1390 LOL (10:41 AM) scorp: 5M bline flattening (10:41 AM) scorp: mas flattening (10:41 AM) scorp: 144T bline < 20 (10:42 AM) scorp: 50/200 mas converging (10:43 AM) ppusa: need retrace here to form a triangle (10:44 AM) Tom_B: 87-88 1st supp per prev post..., still shrt hre still in sell mode (10:44 AM) tippet: stopped at 50% hi yest lod (10:44 AM) scorp: nothing exciting for setups (10:45 AM) ppusa: 88? (10:45 AM) Buffy_04364: divergence on lst ttwo lows (10:45 AM) Tom_B: 88 (10:45 AM) tippet: 5min flag forming (10:45 AM) Buffy_04364: price trapped 50-200 (10:46 AM) scorp: buffy, time frame? (10:46 AM) tippet: large h&s on 15 (10:46 AM) ppusa: apex area (10:46 AM) Tom_B: tipp ..up/dwn ? (10:46 AM) tippet: down (10:47 AM) Tom_B: 1m / (10:47 AM) BrainStorm: stopping short of the previous ledge thats something (10:47 AM) scorp: good point bs (10:47 AM) Buffy_04364: pyra indicators down now but also flat (10:47 AM) ppusa: don't see H&S (10:47 AM) Buffy_04364: so no direction (10:47 AM) ppusa: missing it (10:48 AM) Tom_B: if tke out 87 then looking to 80 (10:48 AM) scorp: this shelf looking like the last one (10:48 AM) scorp: same pattern (10:48 AM) FrankT: Es still respecting TL (10:49 AM) ppusa: i think they will play ganes here for awhile (10:50 AM) ppusa: games (10:50 AM) ppusa: expect new low then a gartley (10:51 AM) FrankT: ES breaking TL (10:53 AM) alan123: iix just went into red internet index (10:53 AM) tomsurf: sox LOD (10:53 AM) Tom_B: limit at 80 but if it got a wild hair 57... (Don't expect, BUT ) :) (10:53 AM) BrainStorm: was a good entry of the 5 min chart (10:53 AM) BrainStorm: missed it (10:54 AM) alan123: joined sox and software in red (10:54 AM) tippet: posing large triangle with h&s in middle (10:54 AM) tippet: brk neklin (10:54 AM) scorp: i was hoping for divergence, but nope (10:54 AM) tippet: brktline on144t (10:54 AM) ppusa: lower high setup (10:54 AM) scorp: yes (10:55 AM) ppusa: have to name it (10:55 AM) Tom_B: Don't po po me trde :) (10:55 AM) ppusa: saw it but no name (10:55 AM) scorp: this is exactly how the last shelf worked (10:55 AM) sb17: ES Nice short retracement (10:55 AM) scorp: flat, bump up, then selloff (10:56 AM) tippet: bottom tline of triangle new low if day (10:57 AM) ppusa: today's premarket low to HOD 5 waves and 62% (10:57 AM) tippet: triangle posted (10:58 AM) scorp: <5M20ma (10:58 AM) tippet: 79% today 1378 (11:00 AM) Buffy_04364: retracement timepp? (11:00 AM) Buffy_04364: I still think more down at this point (11:00 AM) scorp: shelf (11:00 AM) Buffy_04364: yep (11:00 AM) ppusa: nope (11:00 AM) Buffy_04364: bline still below 20 on manytf (11:00 AM) BrainStorm: looks like its gonna be stair case down (11:01 AM) ppusa: nope was for retracement time (11:01 AM) tippet: yeehah down to the lower tline of triangle ....i (11:01 AM) Buffy_04364: tagging bos (11:01 AM) ppusa: just entered a sell signal (11:01 AM) Tom_B: esig bursting anyone ? (11:01 AM) sb17: anybody still short? (11:02 AM) Buffy_04364: not today tom (11:02 AM) Tom_B: hmmm, i'm flat (11:02 AM) tomsurf: was worse earlier Tom (11:02 AM) scorp: wish i was short at any point today (11:02 AM) Tom_B: tnx Buffy (11:02 AM) tippet: yes tomb ..but its prolly my connection (11:02 AM) Buffy_04364: I just got out on tag of bos (11:02 AM) Buffy_04364: didn't look strong enough to gothrough (11:02 AM) Buffy_04364: still ls (11:02 AM) tippet: covered short ...but looks good (11:02 AM) sb17: ES low 1112 (11:03 AM) tomsurf: sox still falling (11:03 AM) Buffy_04364: tks guys (11:03 AM) Tom_B: sitting 76 nq / (11:03 AM) Tom_B: hve 80 hre (11:03 AM) Tom_B: as supp BUT anything goes :) (11:04 AM) Tom_B: need to reboot...brb <.. missing transcript…paltak crashed… > (12:25 PM) p_8: darn pop-up, killed my paltalk, looks like it happened to many in the room (12:26 PM) p_8: ? (12:26 PM) Tom_B: p8 ther server went dwn (12:26 PM) august45: me too (12:26 PM) p_8: i see (12:26 PM) Tom_B: like getting the rug pulled :) (12:26 PM) dave_b_quik: buffy had to reopen the room (12:26 PM) scorp: higher low? (12:26 PM) p_8: oh, ok, lost transcript for the past hour (12:26 PM) august45: that explains that (12:27 PM) Tom_B: 80 seems like a good #, so far (12:27 PM) Tom_B: Tipp, u see the 3hmps on 3m ? (12:28 PM) tippet: sort of (12:28 PM) Buffy_04364: back up through you moving averages pp? (12:28 PM) tomsurf: TomB- 3rd one forming now (12:29 PM) Tom_B: Agree , if this one ng then 3rd the charm...tnx Tom (12:29 PM) tippet: hmm going into the 20ema15 also culd be a short .... (12:29 PM) Buffy_04364: tagging 200 on 133T and 1M again too N (12:30 PM) ppusa: 3 hump setup (12:30 PM) ppusa: ma's are flat (12:31 PM) Tom_B: not on 3m yet pp, need higher high (12:31 PM) scorp: oops (12:32 PM) Tom_B: sorta res hre (12:32 PM) tippet: rising wedgeey (12:32 PM) tomsurf: is sort res like alittle pregnant? (12:32 PM) Tom_B: LOL (12:33 PM) Tom_B: act 89-90...LOL (12:33 PM) tomsurf: ;-) (12:34 PM) scorp: last hump? (12:34 PM) tomsurf: looks like 3rd (12:35 PM) Tom_B: shrt (12:35 PM) Tom_B: N (12:35 PM) tippet: if this falls from here have sell diverg on 144t and rising wedge (12:38 PM) scorp: with tippet (12:38 PM) ppusa: railroad tracks (12:39 PM) tippet: sox still being bought??? bline rising... not thrilled yet to go short (12:39 PM) scorp: nope (12:39 PM) scorp: looks like we are building another shelf (12:40 PM) BrainStorm: sye tht we are/have (12:40 PM) p_8: div on 114t and 1min, but no div on 5 min chart (12:40 PM) scorp: is the market open? (12:40 PM) BrainStorm: Ill say that again yes I think we have (in tf up to 3 min) (12:41 PM) scorp: absolutely no volume (12:42 PM) tippet: the 5min triangle if broken to upside with volume also could be construed as an inv h & s (12:44 PM) NQoos: funky h/s..left shoulder lower than head (12:44 PM) tippet: hmm we missed a valid RO4 on 3min ... at least i did now retracing a bit... on nq (12:45 PM) scorp: buffy i think would consider this no trade area because of 50/200 mas (12:46 PM) scorp: we are right on these mas (144T) (12:46 PM) scorp: looks good for a 3-humper (12:46 PM) scorp: but, to me, volume is not helping here (12:47 PM) scorp: after all that, i am LS (12:47 PM) tippet: RO4 posted (12:47 PM) scorp: but watching for the right time (12:48 PM) scorp: rising channel (12:48 PM) BrainStorm: should be long there dont like the volume and lethargic movement (12:49 PM) tippet: so who will win RO4 or 3humps ........... (12:49 PM) BrainStorm: and as scorp observed all the ledges have had a fake move out of em today (12:49 PM) scorp: i am hoping its me! (12:49 PM) ppusa: holding ma's (12:50 PM) ppusa: right here (12:50 PM) Tom_B: me too shrt 87.5 89 stp (12:50 PM) BrainStorm: dont know if anyones read any of Joe Ross' books ...can recommend trading by the minute very clear descriptions of market structure (12:50 PM) ppusa: yeehaw (12:50 PM) Tom_B: 3hmp 5m (12:51 PM) Tom_B: Hi Nq (12:51 PM) Tom_B: Nq00s (12:51 PM) NQoos: hi tom (12:51 PM) tippet: y tom (12:51 PM) tomsurf: NQoos- nice to see you :-) (12:51 PM) NQoos: looks good tom div short setting up now (12:51 PM) scorp: yes, nice to see you NQ (12:51 PM) NQoos: divtarde is long from 77 now also (12:51 PM) tippet: NQoo the inv h&s i referred to left shoulder is higher (12:52 PM) tippet: btw nice charts (12:52 PM) Tom_B: don't know...needs to get going :) (12:52 PM) BrainStorm: hehe I thought you meant that the NQ's had hit there high for a moment thought Id missed a 20 point gap :-) (12:52 PM) NQoos: i have 1372 left 137250 head (12:52 PM) Tom_B: Which way on H&S / (12:52 PM) NQoos: up (12:53 PM) Tom_B: DWN i assume (12:53 PM) NQoos: needs to break 90 (12:53 PM) Tom_B: Great :( (12:53 PM) tippet: 1424.5 left,connect 1406.5 at10:05 (12:53 PM) scorp: oy (12:54 PM) NQoos: div short with ur 3 humps now 85 (12:54 PM) Tom_B: wht abt 5m with today's high being head ? (12:54 PM) NQoos: igues google target is 7250 (12:55 PM) Tom_B: thnk 79.5 (12:56 PM) Tom_B: Prev SWL on 3 m (12:56 PM) NQoos: i thought she uses retrace of 1st hump? (12:56 PM) ppusa: covered (12:56 PM) scorp: 144T divergence, but no MACD cross (12:56 PM) Tom_B: tipp ? (12:56 PM) scorp: anticipation maybe (12:57 PM) tippet: holding the 20ema5 (12:57 PM) NQoos: macd histogram went red here (12:57 PM) sb17: E very nice up trend line formed (12:57 PM) scorp: hmm, mine is green (12:57 PM) tippet: not sure of her targets (12:57 PM) sb17: three bumps? (12:57 PM) sb17: maybe one more try (12:58 PM) tippet: but prob supp prev slo and fibs down (12:58 PM) scorp: i think i see the difference (12:59 PM) Tom_B: stp b/e (12:59 PM) NQoos: nice pick off tom (01:00 PM) Tom_B: tnx (01:00 PM) Tom_B: now trgt ? 80 ish / (01:00 PM) Tom_B: grrr (01:01 PM) tippet: not a clunker careful (01:01 PM) ppusa: holding trendline (01:01 PM) Buffy_04364: respected bos (01:01 PM) Tom_B: b/e (01:01 PM) Tom_B: Too much wrk (01:02 PM) sb17: buffy...forgive me...what is bos? (01:02 PM) BrainStorm: bottom of square I believe (01:02 PM) Buffy_04364: yes (01:02 PM) Tom_B: NQoos, i'm not a scalper...trying to get a position on , may need another drive up to set up better shrt (01:02 PM) BrainStorm: but I may be wrong...and dont ask me what it means (01:02 PM) sb17: talking about pyra (01:03 PM) Tom_B: NQ, tnx for posting ur charts, vry helpful (01:03 PM) Buffy_04364: each day I post the bos and tos numbers Paltalk: An Instant Dating session has just started. If interested, come join one of the lobbies in the Instant Dating category now. (01:03 PM) Buffy_04364: http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-28/Buffy-Pyra%20bos%20tos5.gif (01:03 PM) NQoos: hey im no scalper (01:04 PM) Tom_B: I'm certainly not one , as everyone knows :) (01:04 PM) NQoos: but i do risk 5 points and take 1 off at 5.. (01:04 PM) Tom_B: u actually bullish hre ? (01:05 PM) sb17: can you do one for ES? (01:05 PM) sb17: bos and tos (01:05 PM) NQoos: im nothing..im short so i wamt down..was long was bullish.... (01:05 PM) tippet: approaching upper triangle tr line (01:05 PM) Buffy_04364: will set that up in this beta tonight sb and post for tomorrow (01:05 PM) tippet: could still frail (01:06 PM) NQoos: gap at 1355 and 1440 dont care which fills as long as i get the move (01:06 PM) sb17: thanks (01:06 PM) Tom_B: I'm outa triangles (01:07 PM) Tom_B: I do btr hitting myself with a frying pan than trdng tri's\ (01:07 PM) NQoos: tri great for targets imo (01:08 PM) Tom_B: I ment inside (01:08 PM) scorp: i got disconnected (01:08 PM) Tom_B: y (01:08 PM) NQoos: jsut like h+s..this morning h+s short rade was 95 target was76 (01:08 PM) NQoos: bingo (01:08 PM) tippet: LS (01:09 PM) sb17: short? (01:09 PM) Tom_B: 1m ? (01:09 PM) NQoos: macd red again (01:09 PM) tippet: y (01:09 PM) tippet: die (01:10 PM) NQoos: mini h+s break here (01:10 PM) Tom_B: shrt 83.5 (01:10 PM) NQoos: target 74 (01:12 PM) ppusa: rebooted (01:12 PM) scorp: me too (01:12 PM) ppusa: bad timing (01:12 PM) NQoos: 1st off 80...thats the scalp... now see if we get a good move (01:13 PM) scorp: glad you are here NQ (01:13 PM) NQoos: stop 85 b/e on 2nd (01:13 PM) scorp: this the arc? (01:13 PM) NQoos: TKS...my trading buddy went to post office so thought id hop in awhilte (01:14 PM) tippet: wooohoo (01:14 PM) Tom_B: flat (01:14 PM) NQoos: do you ever talk...tough to type and pay attention tp trading (01:15 PM) NQoos: and draw my charts at saqme time (01:15 PM) tippet: out nice tom had me glued to see if it would break (01:15 PM) BrainStorm: grr trading platform banged out placing order for that last move (01:16 PM) Tom_B: shuda resold btr but i take my loot & be hpy (01:16 PM) BrainStorm: lets see what this pullback does (01:16 PM) dave_b_quik: NQoo, by general concensus we save the mic for after hours (01:16 PM) NQoos: k (01:16 PM) Tom_B: Got sme supp rt hre so imp't spot ..only doing 1 lots now so al or none (01:17 PM) NQoos: im usually on yahoo..headset mic..never type or pull buttons just talk (01:17 PM) BrainStorm: dave been meaning to ask hows retro doing recently ? (01:17 PM) dave_b_quik: i haven't been tracking it brains (01:17 PM) tippet: 82 38% back up (01:17 PM) Maverick-Trader: NQ.....you in a trading room on Yahoo? (01:18 PM) NQoos: private conference maverick.. (01:18 PM) Maverick-Trader: ah (01:18 PM) BrainStorm: had some narrow days but often swings double the days range so figure maybe doing well (01:18 PM) Tom_B: Still in trianglr (01:18 PM) BrainStorm: are you using it still for the basis of discrestionary trades ? (01:19 PM) tippet: triangle nearing apex (01:19 PM) scorp: NQ, i appreciate your charts (01:19 PM) dave_b_quik: i keep an eye on it, but i'm mainly on the shorter TF's (01:19 PM) Tom_B: if u ck out 3hmp it hit trgt on 3 & 5m... (01:19 PM) tippet: 15pt range now (01:19 PM) scorp: lets me know if i am on or not; i have been comparing notes (01:20 PM) ppusa: VOLUME SPIKE on failed test of last high (01:20 PM) Tom_B: Sellers certainly "look" like their waiting for it (01:21 PM) BrainStorm: this move was mainly to take stops under the bar round 12.30 still not sure where we are heading (01:21 PM) ppusa: everyone shorting like i was. the retracement (01:21 PM) ppusa: had to run some out (01:21 PM) tippet: 20ema5&3 same spot the 38% ret of last move (01:22 PM) ppusa: to easy (01:22 PM) NQoos: i use a 21 period simple mov avg displace 5 forward.. momentum (01:23 PM) tippet: shrtr (01:24 PM) NQoos: helps confirm after in in...could trade as sytem stocks sar..better with filters (01:24 PM) tippet: out +1 (01:24 PM) ppusa: tippet i see a big space between today's high and the last swing high (01:25 PM) BrainStorm: ledge forming on 3 min (01:25 PM) ppusa: if the range is in today then ?????? (01:25 PM) ppusa: tight stop (01:26 PM) BrainStorm: low is not so far but tested twice gut say that we'll hit Yesterday low (01:26 PM) BrainStorm: must learn to ignore that though (01:27 PM) tippet: this is the RO4 tline (01:27 PM) tippet: that broke earlier test from above (01:28 PM) ppusa: triangle or breakout (01:28 PM) BrainStorm: 70-80 has been congestion probbly half a dozen times in the last few days (01:28 PM) NQoos: if short 85 h/s target hit cover (01:28 PM) NQoos: ill hold (01:28 PM) scorp: nice one (01:29 PM) tippet: Tom any wave count (01:29 PM) ppusa: no room to be wrong Paltalk: (01:30 PM) Tom_B: lookng (01:31 PM) Tom_B: still in 15m tri (01:31 PM) Tom_B: but this might be a 5 don't know if this leg finished (01:32 PM) Tom_B: we r in a W:4 for the bigger (01:32 PM) ppusa: leg and arc 1 min (01:32 PM) BrainStorm: 2B on 5 min (01:32 PM) Tom_B: picture...notorious for chop/trng ranges, etc... , keep close to vest..also when we come out it will be dynamic (01:33 PM) Tom_B: Looking for dwn (01:33 PM) tippet: 5 down eh? (01:34 PM) Tom_B: If i was shrt...i'd be trailing a stp behind it (01:34 PM) Tom_B: close , in case we rotate bk up into the tri (01:34 PM) scorp: higher low (01:34 PM) scorp: trendline (01:35 PM) NQoos: good idea tom... i have some other stuff setting up for long bbut no trigger yet (01:35 PM) scorp: no divergence (01:35 PM) NQoos: no divergence (01:35 PM) Tom_B: Time of day now for vol to start coming bk..so lets see wat they do (01:36 PM) NQoos: will post some stuff on hidden divergence soon...really cool stuff..4 different types (01:36 PM) scorp: awesome; look forward to it (01:36 PM) tomsurf: TomB- thinking same and pos. good move (01:36 PM) NQoos: addons with trens (01:36 PM) scorp: maybe 2pm will be the hop (01:36 PM) NQoos: trend (01:36 PM) tomsurf: NQoos- sounds great! (01:37 PM) NQoos: can i post slide show with audio (01:37 PM) TheBigD: thanks NQoos (01:37 PM) scorp: are you serious? (01:37 PM) NQoos: poerpoint (01:37 PM) NQoos: powerpoint (01:37 PM) scorp: maybe dave can help get it posted (01:37 PM) tomsurf: dave_b would know (01:37 PM) NQoos: k (01:37 PM) BrainStorm: Bush talking about things financial (savings) get ready to go short :) (01:37 PM) shane o c: thks NQ I see light at the end of the tunnel (01:38 PM) NQoos: never lose sight of it (01:38 PM) NQoos: its always there yet we forget (01:38 PM) fooliosbrother: could be a frieght train comin to get ya (01:39 PM) fooliosbrother: :) (01:39 PM) august45: I like that idea NQoos about divergences (01:39 PM) Tom_B: Smells shrt BUT (01:39 PM) BrainStorm: tastes like shrt.. (01:39 PM) dave_b_quik: sure, NQoo, how many Mb? (01:40 PM) Tom_B: who's shrts ? :) (01:40 PM) NQoos: ?? did do it yet (01:40 PM) NQoos: didnt (01:40 PM) ppusa: high of hour (01:40 PM) NQoos: ill forget audio that will keep itsmall (01:41 PM) Tom_B: shrt (01:41 PM) sb17: nice little short (01:41 PM) tippet: triangle here (01:41 PM) fooliosbrother: yea nice shorts (01:41 PM) NQoos: break hs now will go 10 points (01:41 PM) sb17: i wasn't quick enough (01:41 PM) sb17: 15.75 ES entry (01:41 PM) NQoos: hope (01:42 PM) sb17: oh man (01:42 PM) sb17: missed that one (01:42 PM) Tom_B: Take out 67, it opns a door imvho (01:43 PM) BrainStorm: Tom ...might I ask how you do your pivots (broadly speaking) (01:43 PM) BrainStorm: seem pretty acurate often enough (01:43 PM) Tom_B: ltr (01:43 PM) Tom_B: ok (01:43 PM) BrainStorm: sure (01:44 PM) tippet: trip botom (01:44 PM) plevin: anyone know what happened to Buffy? (01:44 PM) plevin: ie. why she's not here? (01:44 PM) scorp: no (01:44 PM) tomsurf: plevin, could be her ISP again (01:44 PM) plevin: k (01:44 PM) plevin: good point tom (01:45 PM) BrainStorm: maybe out doing chores...or maybe sitting on the porch hear the weather has turned wherever it is she is (01:45 PM) scorp: tippet, what do you mean trip bottom? (01:45 PM) tomsurf: it's been really bad to her latly (01:45 PM) NQoos: dbl bottom divg right now (01:46 PM) scorp: yes, i see it - looking for trendline break? Tom_B: UP, NQ ? NQoos: i watch macd..i draw the line for you all (01:46 PM) ppusa: need break...brb (01:46 PM) NQoos: ?? (01:46 PM) tippet: falling wedge like?? (01:47 PM) scorp: LL (01:47 PM) NQoos: my guess is up (01:48 PM) sb17: E retrace? (01:48 PM) sb17: we'll know in 1-2 bars (01:48 PM) BrainStorm: will be orders round 89 (above last swing hi) (01:48 PM) tippet: trin nq been climbeing higher highs tick ,but didnt confirm last low (01:48 PM) BrainStorm: but yesterdays low very close (01:48 PM) Tom_B: At 67 imvho game changes.. (01:48 PM) NQoos: we break 85 we fly big h/s target1415 (01:49 PM) NQoos: no longer in play invalidated (01:49 PM) scorp: out -5 (01:49 PM) BrainStorm: if 69 goes momentum should caryy through to 67 (01:49 PM) FrankT: ES Pivot 1112 (01:49 PM) NQoos: macd never went green i was really to sar (01:49 PM) tippet: now nice tick confirmation trin still moving up (01:50 PM) NQoos: rooting for 1355 gap fill (01:50 PM) p_8: hit yest LOD (01:50 PM) sb17: the last three days has convinced me to simplify my charts (01:51 PM) TheBigD: NQoos did you mean double bttom in price or in the MACD histogram? (01:51 PM) NQoos: stop 77 (01:52 PM) NQoos: price (01:52 PM) BrainStorm: there it goes (01:52 PM) NQoos: nice scalp huhh Tom lol (01:52 PM) Tom_B: Y (01:52 PM) BrainStorm: stops where 2 ticks below (01:52 PM) Tom_B: soome supp hre, (01:53 PM) Tom_B: u still with it ? (01:53 PM) NQoos: i never know....market give good ones sometimes (01:53 PM) NQoos: target 56 (01:53 PM) NQoos: brb (01:53 PM) scorp: ok, now i'm starting to lose it (01:53 PM) Tom_B: I hve 53-7 :) (01:54 PM) BrainStorm: now we shall see (01:55 PM) Tom_B: grrr (01:56 PM) Tom_B: ttmar (01:56 PM) BrainStorm: anyone know the url for the cme squark box ? (01:57 PM) NQoos: hit h\s target exact (01:57 PM) tippet: tick pullback (01:58 PM) Tom_B: not sure this ovr but had 65.5 as a #, DAH... too many #'s some times (01:59 PM) Tom_B: TomS..setup at 80 (01:59 PM) NQoos: sorry target not hit target= (01:59 PM) tippet: nqoo would like to see your h&s later if u dont mind (01:59 PM) trader54: are u asking for the emini market sound url (01:59 PM) BrainStorm: if you know it 54 (01:59 PM) Tom_B: 12:37cst 1m (01:59 PM) trader54: http://www.cme.com/products/index/products_index_marketsound.cfm (02:00 PM) NQoos: will put on cahrt tonight tippet (02:00 PM) BrainStorm: thank you :) (02:00 PM) tippet: retr to lower trline triangle (02:00 PM) tippet: thanks (02:00 PM) scorp: i just messed up my day again (02:00 PM) scorp: goodness (02:01 PM) NQoos: h/s look quit dif 144 tick and 3min (02:01 PM) Tom_B: All my trdes hve been shrt today... look at ur trdes which ones wrkd best for u.. obbv diff strokes for diff folks (02:01 PM) Tom_B: scorp (02:01 PM) Tom_B: but (02:03 PM) tomsurf: trin keeps pushing higher but no good tick push down yet for ES (02:04 PM) Tom_B: RE: Wave Count we r in a W:5 of 3...todays hi was a w:4:# so more fun tp come eventually (02:05 PM) tomsurf: may come fast and furious eh Tom :-) (02:06 PM) Tom_B: Y, but can't sense it might pull bk to 80 (02:06 PM) BrainStorm: higher low in tf's up to 5 (02:06 PM) BrainStorm: 1-2-3 (02:06 PM) tippet: going up to triangle lower tline (02:06 PM) tippet: hit (02:07 PM) Tom_B: & evn then might be done 4 today...wish my tea leaves were clearer (02:07 PM) tomsurf: humm, maybe that just trapped shorts??? (02:07 PM) Tom_B: WE cud retr 80-87 but i don't play that figure i'm a salmon swimming up stream...i leave that touu cowboys :) (02:09 PM) ppusa: long q's at low (02:09 PM) ppusa: yeehaw (02:09 PM) scorp: i shorted the low (02:09 PM) ppusa: you might be okay (02:10 PM) scorp: no, i covered (02:10 PM) ppusa: there shold have been some follow through (02:10 PM) Tom_B: right mve scorp (02:10 PM) tomsurf: like a dog chasing a car eh scopr...have done that trick (02:10 PM) Tom_B: I've been the high & low print of the day many times :) (02:10 PM) ppusa: yea was gonna say i certainly woldn't let it go higher than here (02:11 PM) sb17: if it's going to go up, would like to see another retest down..ES (02:11 PM) tomsurf: TomB- lol, Oh I know it....hard to look at myself after I do that and I have enuf times. (02:11 PM) NQoos: h/s target 6350 (02:12 PM) Tom_B: spot to sell NQ / (02:12 PM) NQoos: no tagert from long before (02:12 PM) NQoos: my system in buy now...not div trade hopm my stop holds (02:12 PM) ppusa: sure took all day to get thisw here..don't tell me all of a sudden the bottom will fall out (02:13 PM) Tom_B: k (02:14 PM) scorp: where we going? (02:14 PM) ppusa: need an arc (02:15 PM) Tom_B: 3m RO3..developng (02:15 PM) Tom_B: bkout 74 (02:15 PM) Tom_B: ish (02:16 PM) scorp: now reckless (02:16 PM) scorp: i need to stop (02:16 PM) ppusa: i think the daily suggests a double bottom ish pattern (02:17 PM) Tom_B: scorp, stop it'll be hre tomorrow... (02:17 PM) ppusa: the dow and SP need a lower low (02:17 PM) Tom_B: NQ trgt // (02:18 PM) NQoos: me stop still 77 target 56 (02:18 PM) sb17: ES 3m still consolidating (02:18 PM) NQoos: got lots of points today..will let it breathe (02:18 PM) Tom_B: u shrt ? (02:18 PM) tippet: RO4 tom maybe but on some time frames still under triangle (02:18 PM) BrainStorm: nq 3 min same sb (02:19 PM) NQoos: short from 85 on 2nd already took profit 5 points on first (02:19 PM) NQoos: diverg trade (02:19 PM) Tom_B: K .. (02:21 PM) Tom_B: see it in the cellar (02:21 PM) sb17: alright...maybe a retest (02:22 PM) NQoos: if we test this bottom i see diverg i willtighten stop... (02:23 PM) Tom_B: Can't shrt it hre...bad location, etc but may xtnd IB 's frmng 15m (02:23 PM) NQoos: im flat 70 (02:23 PM) Tom_B: Good trdng NQ (02:24 PM) NQoos: exit based on andrews... will respeat andrews if breaks then uptrnd from 22 is reverse imo (02:24 PM) tippet: this looks like poss RO4 better on 3min and the low def buy diver smax (02:24 PM) scorp: nq, right over my head (02:24 PM) Tom_B: See it tipp (02:24 PM) TLochner: it's about to rocket to the upside (02:24 PM) tippet: under the darn triagnle though silly not too exciting (02:24 PM) Tom_B: watch IB 15m (02:25 PM) p_8: nice and patient trading NQ (02:25 PM) NQoos: next andrews target at 1320 now but is not horizontal target so goes lower as time passes (02:25 PM) NQoos: TKS (02:25 PM) NQoos: i will look for another trade (02:26 PM) NQoos: i will try long.. have divergence (02:26 PM) Tom_B: see lng setup also (02:27 PM) sb17: no diverg on ES yet (02:27 PM) sb17: not clean (02:27 PM) ppusa: this should (usually) drop (02:27 PM) p_8: y, good divergence, careful though, long term tf MAs are still pointing down (02:28 PM) NQoos: i will pass... take a break (02:28 PM) NQoos: entry is 71 (02:28 PM) Tom_B: Good idea...not worth wear & tear , hve RO$ 3m (02:28 PM) shane o c: long from 66 (02:29 PM) p_8: ro4 here? (02:29 PM) Tom_B: y (02:29 PM) tippet: y (02:29 PM) tippet: broke (02:29 PM) NQoos: i have many private im's ...please instead email nqoos@bellsouth.net...i appreciate (02:29 PM) BrainStorm: short term volatility increasing (02:29 PM) Tom_B: This is a lng RO$, BUT trgt 80 87 most likly 80, imvho (02:29 PM) NQoos: i will get more screens lol (02:30 PM) Tom_B: Need more hear too, lol... (02:30 PM) NQoos: safer trade break of swing high..target = low to swing high (02:30 PM) NQoos: ok be back 5 min (02:31 PM) Tom_B: Been an int trdng day & not ovr yet :)...now not to throw it away :) (02:32 PM) scorp: like i did, lol (02:32 PM) Tom_B: scorp if ur flip flopping around a lot & losing da picture...try increasing ur timeframe & slow dwn (02:32 PM) sb17: alright...caught a little of that one (02:33 PM) Tom_B: nice sb (02:34 PM) Tom_B: Take less trades, starve ur bkr :) (02:34 PM) sb17: lol (02:34 PM) sb17: i've been giving them way too much $ lately (02:34 PM) Tom_B: that was 4 scorp... (02:34 PM) scorp: lol (02:35 PM) scorp: i gotcha tom, thanks (02:35 PM) Tom_B: Whn i was doing 20-30 rt's per day my bkr actually returned my calls :) (02:36 PM) Tom_B: 6 so far (02:36 PM) Tom_B: today (02:37 PM) prakso3: Tom - how many points did you make on your 6 trades ? thx (02:39 PM) BrainStorm: I think im gonna be much more conservative (02:39 PM) Tom_B: 19.5 trdng 1 lots today 1 loser, I messed up trde location (02:40 PM) scorp: very nice (02:40 PM) Tom_B: Hrd to do..whn u see mimi mves passing by all the time (02:41 PM) tippet: coming to the apex of this falling wedge ...not a triangle (02:41 PM) sb17: i know i'm going back to looking 3m charts more carefully (02:42 PM) sb17: by the way teresa lo's manual is good (02:42 PM) Tom_B: I'm actually not too good at this yet...but i've done much btr picking my spots..if we brk i might go aftr it but thn agn it doesn't matter (02:43 PM) scorp: down? (02:43 PM) BrainStorm: Im on 3 mins too SB some very nice paterns though choppy day like today does few favours (02:43 PM) sb17: Brain...i've been focusing too much on the 1m (02:43 PM) sb17: lost my perspective (02:43 PM) sb17: ES test the bottom here (02:44 PM) Tom_B: TomS u hre ? (02:44 PM) ppusa: well it took long enough (02:44 PM) ppusa: history repeats again (02:44 PM) scorp: (02:44 PM) Tom_B: 50-51 poss (02:45 PM) ppusa: 1300 (02:45 PM) ppusa: 1290? (02:45 PM) Tom_B: needed to shrt 75...not 4 me (02:45 PM) NQoos: andrews broke must wait for 15min cnadle to close..i will look to short (02:46 PM) ppusa: i see momentum building (02:46 PM) BrainStorm: charts lagging again (02:46 PM) ppusa: the ma's are breaking apart (02:47 PM) BrainStorm: covered may re enter (02:47 PM) NQoos: 67 looking to short on retest of andrews...this is not divergence stuff (02:47 PM) ppusa: so unless this is a "V" bottom..... (02:47 PM) Tom_B: 50-51 trgt (02:47 PM) NQoos: unless 55 is hit first (02:48 PM) ppusa: i would love to see a v bottom here (02:48 PM) NQoos: the h/s target was ht..i emailed this to some of you (02:48 PM) NQoos: target was 6350 (02:49 PM) ppusa: this looks like completed pattern (02:50 PM) Tom_B: nice call (02:50 PM) ppusa: big volume spike too (02:50 PM) thoff: hi nqoos haven't seen ya around in a while how are things going? (02:50 PM) NQoos: hi thoff.. good (02:50 PM) NQoos: and you (02:50 PM) thoff: fine thanks (02:51 PM) tippet: got a classic poke out of botoom of wedge see if it goes back in and out top be bery bery bullish on the other hand could just break down (02:51 PM) NQoos: well you always right when you make money even before target (02:51 PM) sb17: adx is strong (02:51 PM) sb17: could go more (02:52 PM) sb17: here it goes (02:52 PM) sb17: es (02:53 PM) ppusa: divergence now (02:53 PM) ppusa: who wants to be first (02:53 PM) scorp: lol (02:54 PM) Tom_B: Step up pp...set the floor 4 the mkt :) (02:54 PM) ppusa: i got one up (02:54 PM) tomsurf: pp buys bottom...news at 11:00 (02:55 PM) BrainStorm: dunno aboy catch a falling knife feels like a safe sometimes (02:55 PM) Tom_B: lol (02:55 PM) NQoos: did not fill gap yet (02:55 PM) scorp: divergence and green (02:56 PM) NQoos: yes you are correct about diverg (02:56 PM) Tom_B: scorp...hve u tried that b-line in conjunction with it in higher tframes (02:56 PM) ppusa: i'm not a cowboy....i am the cowboy (02:57 PM) ppusa: also your daddy (02:57 PM) tippet: lower wedge line (02:57 PM) ppusa: out (02:57 PM) ppusa: leave the rest for you big timers (02:58 PM) Tom_B: 70osh res (02:58 PM) ppusa: PnF buy signal (02:58 PM) ppusa: watch for higher low (02:58 PM) Tom_B: LOD or more to come ? (02:58 PM) BrainStorm: higher low in on 1 min (02:58 PM) NQoos: gap to fill 55 imo (02:59 PM) ppusa: i expect more down nq based on daily (02:59 PM) sb17: es L 7.50 ...the 20ema daily is about 5.75..don't expect much lower if at all on eS (02:59 PM) ppusa: maybe this is all today (03:01 PM) ppusa: sure looks like this could turn into a v bottom (03:01 PM) NQoos: last divg long showed profit (03:01 PM) sb17: this looks like yesterday...only earlier...dump it, then bounce it (03:02 PM) Tom_B: in the old days i'd be gettng rdy to shrt this hre based on its behavior at 70 (03:02 PM) ppusa: does not agree with my daily scenario so one or the other has gotta go (03:03 PM) sb17: E inside day so far (03:03 PM) ppusa: 5 waves down from yesterday (03:03 PM) BrainStorm: I have no opinion here the 1 min says bottomed but thats hardly telling (03:03 PM) ppusa: am i correct? (03:04 PM) Tom_B: may not get to 70...i'm sitting on hands (03:04 PM) sb17: ES..we're in a box on the dailys (03:05 PM) scorp: this is so frustrating (03:05 PM) sb17: if we break to the upside within the next 1-2 days... (03:05 PM) sb17: (width of the box) (03:06 PM) Tom_B: scorp...no position is a position too (03:06 PM) NQoos: test is here (03:07 PM) Tom_B: if we take 70 then... (03:07 PM) Tom_B: imho (03:07 PM) NQoos: is also 1 min h/s neckline (03:08 PM) NQoos: if break 68 then 76 (03:08 PM) Tom_B: got sme buys just kicked..nottaking (03:09 PM) ppusa: PnF buy signal (03:09 PM) ppusa: haha (03:10 PM) thoff: nqoos, how's the tac stuff going ? (03:10 PM) Tom_B: y 68 & not 66 ? (03:10 PM) NQoos: tac is good background..but trades to fast for me (03:11 PM) thoff: ya, I agree (03:11 PM) Jr_Steggy: To all my clients that trade with me on the j-trader you might have had some problems over the last 2 day it was due to 2 many people on our server so RCG on monday has given me my own server so your service will be back to normal thanks you Jr Steggy (03:12 PM) ppusa: up to TL (03:13 PM) dave_b_quik: OK, Jr, but won't yr clients give you their e-mail addresses? (03:13 PM) tomsurf: dave- LOL (03:14 PM) ppusa: V (03:14 PM) scorp: this is nuts (03:14 PM) ppusa: how about a right shoulder here (03:15 PM) ppusa: this area on short term charts (03:15 PM) ppusa: have a left sholder and a v (03:15 PM) Tom_B: hve sme res 73-4 (03:15 PM) ppusa: need right sholder (hopefully from a little higher) (03:16 PM) ppusa: right at TL (03:18 PM) ppusa: hoping 69.5 holds (03:18 PM) Tom_B: i'm in the i don't know camp (03:18 PM) ppusa: 15 min chart (03:19 PM) NQoos: now 55? (03:20 PM) NQoos: hidden div at 70..not in trade.. have workmen here now...done for day (03:21 PM) Tom_B: Tnx NQ for sharing.. (03:21 PM) tippet: inv h&s poss on 3 &5 (03:21 PM) Tom_B: 65 supp (03:21 PM) NQoos: if they fill gap 555 then boys can make their $$ overnight and gap it up perhaps (03:21 PM) NQoos: 55 (03:21 PM) ppusa: the move from the low to the high looks like a completed symmetrical pattern. (03:22 PM) ppusa: working on next move now (03:24 PM) tippet: holding lower wedge line (03:26 PM) ppusa: higher low (03:26 PM) scorp: this it? (03:26 PM) scorp: blineup (03:26 PM) ppusa: need an arc (03:27 PM) ppusa: then a move up (03:27 PM) ppusa: a little arc (03:27 PM) Tom_B: if u don't know ...stay out... (03:27 PM) scorp: that would be good (03:27 PM) scorp: i am (03:28 PM) scorp: i didnt take many trades today, really, at least for me (03:28 PM) scorp: but, the losers i got stopped on were bigger than the winners (03:28 PM) ppusa: good retracement there (03:28 PM) ppusa: i think this is it (03:28 PM) BrainStorm: another ledge (03:28 PM) ppusa: would have liked to see a better arc but (03:29 PM) ppusa: someday i will take those (03:29 PM) sb17: ES middle of ST range...not good entry (03:29 PM) ppusa: there is enough room for one more attempt at a new low (03:29 PM) Tom_B: Scorp whn i salpd..i had rthe same results (03:30 PM) sb17: don't think today or tomorrow, but ES really looks like it wants to go higher (03:31 PM) NQoos: h/ss up break target 88 (03:31 PM) tippet: have neckline here brk and wedge (03:31 PM) NQoos: fooled i thought 55 for sure (03:31 PM) ppusa: i caught a little of that (03:31 PM) NQoos: hidden diverg good for 5 only (03:31 PM) ppusa: waiting (03:31 PM) tippet: wedgeline here tough (03:32 PM) ppusa: this is the high of this new hour (03:32 PM) Tom_B: flag 15m but good res hre (03:32 PM) ppusa: i think they might pull a fast one....just a gut feeling (03:33 PM) ppusa: like take out 64 then bring it back (03:33 PM) ppusa: i kinda like long though (03:33 PM) Tom_B: I don't hve any clean nsetups hre (03:33 PM) NQoos: last target h/s 76 not hit yet (03:33 PM) tippet: lot of resis overhead (03:34 PM) Tom_B: 80 is poss but (03:34 PM) ppusa: still at down trend line (03:34 PM) NQoos: div trade setting up to down (03:35 PM) ppusa: yes (03:35 PM) ppusa: reinforces my thought (03:35 PM) NQoos: div short trigger 68 (03:35 PM) Tom_B: shrt (03:37 PM) NQoos: and now hidden div short trigger 68 (03:38 PM) trader54: what is hidden div? (03:40 PM) ppusa: dump into the close? (03:40 PM) NQoos: there are 4 types...iwill try to post tonight or next few days... (03:41 PM) TheBigD: NQ thanks for calling that excellent short (03:41 PM) Maverick-Trader: thx NQ. caught that for +7 (03:41 PM) tippet: wow good call (03:41 PM) NQoos: 1 price HH osc LL = short...price LH osc HH = short... price LL osc HL=long price HL osc LL= long (03:42 PM) NQoos: good trading tom (03:42 PM) Tom_B: Tnx out (03:42 PM) Tom_B: s 69 cvr 60 (03:42 PM) scorp: yuch (03:42 PM) scorp: nice one tome (03:43 PM) NQoos: lookmlike a google funky 12345 (03:43 PM) Tom_B: might be more u know hw i feel abt 50-1 :) (03:43 PM) NQoos: or humper (03:43 PM) NQoos: 6250 safe target (03:43 PM) tippet: 2 + hump (03:43 PM) Tom_B: y (03:44 PM) NQoos: i see 12345 (03:44 PM) Sunburst90: can anyone please tell me the URL where the latest rules for SMAX are located? (03:44 PM) tomsurf: NQoos- here to (03:44 PM) NQoos: am i correct tom? (03:44 PM) tomsurf: just not as symetrical (03:45 PM) NQoos: can use stoch 14 8 8 for hidden diverg... maybe bet ensign to written a special thing to make dots when appears (03:45 PM) NQoos: can also use the macd... iuse 14 8 8 now (03:45 PM) NQoos: 14 8 8 stoch i mean (03:46 PM) Tom_B: Prob with the Ell is ur not sure until after the fact but it cud be ...might hve another shot dwn tomorrow & then larger W:4 correction (03:46 PM) ppusa: completing the right shoulder (03:46 PM) Tom_B: sry, wrong Tom (03:46 PM) NQoos: yes elliott confuses me... i have AGet and it is always changing the count (03:47 PM) NQoos: so i just trade patterns trandlines divergence... they dont change...eitherwork or fail (03:47 PM) Tom_B: Need to chnge with the flow of the mkt I always look frm a few angles (03:47 PM) Tom_B: try to (03:47 PM) tomsurf: I luv KISS methods (03:48 PM) tomsurf: keep it simple stupid ;-) (03:48 PM) NQoos: so maybe a 3 humper 12345 to 55 then diverg (03:48 PM) Tom_B: lks like we'll get trapped hre in trnge poss flag or retr setup into w:4 (03:48 PM) thoff: I hear ya tomesurf, I agree 100% (03:48 PM) tomsurf: other wise I outsmart myself, LOL (03:48 PM) NQoos: my methos is simple... need screen time to see it fast (03:49 PM) Tom_B: Int, i find mine simple...don't see the patterns most of u guys see (03:49 PM) NQoos: and trust to pull trigger (03:49 PM) ppusa: higher low (03:49 PM) Tom_B: esp NQoos he sees them in his sleep :) (03:49 PM) ppusa: i thinkit's gonna go (03:49 PM) NQoos: and not exit on small retrace at beginning of trade...reg divergence trades arre reversals so it stalls first (03:49 PM) ppusa: i guess not enough time today (03:49 PM) tomsurf: TomB- you new rythum this week is working Great...big change in the right direction :-) (03:50 PM) Tom_B: Traders Conga Line..., tnx Tom (03:51 PM) tomsurf: lol (03:51 PM) tippet: W bottom and RO4 coming on 3 mn but late (03:51 PM) scorp: no, day ending (03:51 PM) scorp: i'm done (03:51 PM) Tom_B: Tnx ALL, see u tomorrow...tnx NQ for visiting...hope u can visit tomorrow (03:51 PM) tippet: hit around 75 (03:51 PM) Tom_B: BYE (03:51 PM) tippet: tommmy b thanks good day have a goodnight (03:52 PM) Tom_B: :) (03:52 PM) NQoos: nice trading tomB congrats (03:52 PM) tomsurf: NQoos- Just wonderful to have you here sharing insights today! Mant thanks (03:52 PM) tippet: end in triangle h$^$&* (03:52 PM) NQoos: tks i enjoy.... but typing hard for me... (03:53 PM) tippet: ya thanks NQ luv the simplicity of your charts and method simple but powerful (03:53 PM) NQoos: ok on few trades for day but tough when a lot of trades (03:53 PM) sb17: NQoos...what are you chart parameters? (03:54 PM) NQoos: what do you mean parameters? (03:54 PM) tomsurf: ya typing sucks for many of us....but w/a room this big talking really gets confusing (03:55 PM) NQoos: so retraced to test entry at 70...normal (03:56 PM) sb17: NQoos...how do you decide on a trade? I'm sure you have something on your charts? What indicators and settings? (03:56 PM) NQoos: and macd red again but not diverg trade for continuation ot hidden divr (03:56 PM) NQoos: maybe get hidden soon (03:57 PM) NQoos: can see on stooch 14 8 8 (03:57 PM) NQoos: have lots of time to see setting up (03:58 PM) alan123: what time on charts? (03:58 PM) tippet: that came back and did perfect kissback to trendline on 144t (03:58 PM) tippet: i mean retrace (03:58 PM) sb17: dow near low (03:59 PM) sb17: ES will probably close near low as well (03:59 PM) NQoos: looks like 55 gapo possible with diver ..will see soon (04:02 PM) scorp: good night all (04:02 PM) NQoos: if i look only for diverg it keeps me focused on that only..and patterns...i studied so much stuff but used to jump around using all and was loser..because did not take all of same type trades..thus percentage was bad...took bad and passed on good perhaps (04:02 PM) scorp: you can talk now NQ (04:03 PM) NQoos: suggest what evr you do..do it until you know it works or does..if works stick with it ..it not forget it try something else (04:09 PM) NQoos: have divergg again... (04:10 PM) NQoos: maybe we run out of time for 55 (04:11 PM) alan123: what time frame on charts Nq? (04:11 PM) NQoos: 144 tick for entries (04:12 PM) alan123: thanks (04:12 PM) BrainStorm: tom still there...fascinated how you arive at your pivots ? (04:12 PM) NQoos: 144 ticl 55 tick 3 min 15 min for patterns (04:13 PM) NQoos: check 60 min a few times during day (04:13 PM) tomsurf: Brain- TomB left (04:13 PM) NQoos: and daily weekly monthly at night for a few things (04:14 PM) BrainStorm: yah just scrolled back and saw tk tom....we'll nail him tommorow (04:14 PM) NQoos: my weekly gave signal long for today so lookin rally after 55 perhaps...but not in stone... (04:14 PM) jimbo_320: nice clunk (04:14 PM) BrainStorm: often co-incide with fib or floor trader box points intrested how he arives at them (04:15 PM) jimbo_320: hope yall have good nice - posted chart (04:15 PM) jimbo_320: night (04:15 PM) NQoos: well 55 tmwr i guess... OK GOOD TRADING TO ALL (04:15 PM) shane o c: NQ can you send me some info on andrews targets (04:15 PM) jimbo_320: sleep tight (04:15 PM) NQoos: oh do i still have to post.. i was here lol (04:15 PM) tomsurf: Brain- since he uses EW they would match Fibs but I have noticed the floor pivots he is close to as well which is interesting ;-) (04:17 PM) NQoos: andrews www.medianline.com.. join the yahogrpoup... lots of stuff on site to begin path to learn... 100+ charts... but takes long time for some... I am novice after 6 months..... but very powerful... (04:17 PM) shane o c: thanks (04:18 PM) NQoos: hope ensign can figure out a color thing for diverg easier on my brain... (04:19 PM) NQoos: and eyes (04:19 PM) TheBigD: NQ which time frame do you use the Andrews in? (04:20 PM) NQoos: 13 and 39 (04:21 PM) NQoos: draw on 13 then i change chart to 15.... like to what retros trades (04:21 PM) NQoos: watch (04:22 PM) NQoos: it is long road imo... but worth it...maybe you will learn it fast (04:23 PM) NQoos: but i believe without andrews can do alldiverg trades and be as effective (04:25 PM) NQoos: ok night will do some charts now (04:25 PM) NQoos: GOOD TRADING TO ALL