Maybe, maybe not. Markets can act erratically to news and you have to change your risk management into these catalysts...I would definately want...
If you are daytrading, especially if you are daytrading equities it would be irresponsible not to look at news lol. Look at the names i just...
Breifing, Flyonthewall, twitter... lots of stuff out there. CNBC is usually just good for background noise :)
Here is my 5 day numberline...notice the mean is 1.3 and the standard dev is 1.64. Very correlated tape with very little short-term momentum in...
http://video.cnbc.com/gallery/?video=3000094637&play=1
Here's the Q&A from the thursday's fast money...watch me at around 7:30ish :)
Despite the craziness in this market there are still some setups with follow through. Check out X from last friday. failed monthly aup to a down...
And the weakest among them was CL...outside day engulfing the range of all June's action thus far. Not alot of support until 75-76ish
Nice spot king, seeing the same thing in the dollar as well :)
What strategies do you like in this tape...personally i like buying low and selling high :) haha
King, you can't spread in this market my man. When correlations go to 1 the last thing you want to do is spread! I haven't put on any spreads...
This was announced on Thursday...the market rallied ahead of the official meeting between the eurogroup and Spanish officials! Seriously anyone...
I am in Chicago, trade at a firm in the loop. Are you retail or prop?
WORD
Another 10 handles overnight...now let me ask you this if you were short how would you be feeling right now? have that perspective when you are...
Heres one way I look at things. When move is extended and everyone can give you many reasons why it's happening etc that usually marks some Type...
Ditto, that looks like a gann square chart compared to mines lol
Just follow the price action and listen to the market. You shouldn't let personal biases effect your view of the market action. The way we...
It was the number line divergenece King...it gave it away! Into the monthly a down it lined up. Now you ready to come and get back into this market?
30 day numberlines for the indices: DIA: -7 SPY: -5 QQQ: -5 IWM: 7 The QQQ'S have went from a -14 on the numberline to a -5 today at...
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