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Post by cashfilly on Aug 16, 2010 14:39:35 GMT -5
Fizzle...but I btw it's a green close...still holding fas
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Post by jack on Aug 16, 2010 14:41:47 GMT -5
Now if only Mr Euro would coop
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Post by jack on Aug 16, 2010 14:42:23 GMT -5
Fizzle...but I btw it's a green close...still holding fas Me too @ 19.61
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Post by sp7015 on Aug 16, 2010 14:42:55 GMT -5
this market is just plain bad! I agree
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Post by abdogman on Aug 16, 2010 14:44:40 GMT -5
xlf 14.035 on 1m BB's spreading on 1m xlf fas faz fas xlf on upper channel
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Post by sloop on Aug 16, 2010 14:45:22 GMT -5
see jack, theres your FAS run up...LOL!! oh well...I just didnt like this action today.
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Post by abdogman on Aug 16, 2010 14:46:04 GMT -5
BB's on eur/usd 1m finally spreading and eur moving up
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Post by abdogman on Aug 16, 2010 14:51:52 GMT -5
Ccash I think you are correct in ref to eur/usd vs aud/jpy when used as a tell.
today very low volume and the aud/jpy was a better tell over short periods than the eur/usd!
Exalt Man!
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Post by elle on Aug 16, 2010 14:55:46 GMT -5
IWM i/d ih/s
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Post by jack on Aug 16, 2010 14:56:20 GMT -5
see jack, theres your FAS run up...LOL!! oh well...I just didnt like this action today. Sold it for a humongous .09 gain shoulda held but at least I washed out the loss for the day.
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Post by abdogman on Aug 16, 2010 14:56:30 GMT -5
xlf 14.04 on 1m
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Post by jack on Aug 16, 2010 14:57:51 GMT -5
You holding FAS yet Cash?
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Post by elle on Aug 16, 2010 14:58:21 GMT -5
okay, here's my theory, as retail inwestors pull their money out of the market, the sophistication percentage of those still in increases. One more good drop, they all take their money out and then it is just a battle of the traders.
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Post by ccash04 on Aug 16, 2010 14:58:59 GMT -5
I think its b/c the machines/algos trade off of it (AUD/JPY)... Where lower volume days, price is more controlled (if not completely controlled by machines)...
Glad it worked and right back at ya thanks for the updates throughout the day! Hope yall made some money, couldn't trade much today but sold out of my X 46 calls and now holding mostly cash. Hopefully tomorrow we see more volume as treasuries seemed to suck liquidity out of the equities today!
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Post by cashfilly on Aug 16, 2010 14:59:35 GMT -5
Sold...19.77
I like to sell on the close about a dime higher than the tape and I could be wrong but I don't think she's that strong today...
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Post by abdogman on Aug 16, 2010 14:58:45 GMT -5
Good Evening Gang.......It was a Pleasure.....Thanks for ur input...see ya in the AM!!
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Post by sloop on Aug 16, 2010 15:01:43 GMT -5
I just didnt have the guts to hold today. Congrats Cash!!!
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Post by jack on Aug 16, 2010 15:03:42 GMT -5
Sold...19.77 I like to sell on the close about a dime higher than the tape and I could be wrong but I don't think she's that strong today... I like that...I have no frickin' idea what that means ("sell on the close about a dime higher than the tape") but I like the idea.
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Post by cashfilly on Aug 16, 2010 15:04:15 GMT -5
Gotta run....have a great night all!!!
Thanks for all the info
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Post by cashfilly on Aug 16, 2010 15:07:39 GMT -5
Put In a limit sell for extended hours a dime higher than u think she will close and within the next sixty seconds of the close u can usually get filled...it all depends on the strength of the market...I've done that for much more profit on a really strong day...and if she is weak vie gotten screwed....had to learn that trick the hard way....lol. Is there any easy way with this market?
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Post by jack on Aug 16, 2010 15:08:31 GMT -5
okay, here's my theory, as retail inwestors pull their money out of the market, the sophistication percentage of those still in increases. One more good drop, they all take their money out and then it is just a battle of the traders. I'm from Brooklyn...so don't ever call me "sophistocated". lol!!!
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Post by jack on Aug 16, 2010 15:11:48 GMT -5
Put In a limit sell for extended hours a dime higher than u think she will close and within the next sixty seconds of the close u can usually get filled...it all depends on the strength of the market...I've done that for much more profit on a really strong day...and if she is weak vie gotten screwed....had to learn that trick the hard way....lol. Is there any easy way with this market? Wow!!!! That's incredible! Thanks for that Cash - remember what I said about "The Book of Tells"
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Post by elle on Aug 16, 2010 15:13:35 GMT -5
holding 1/2 o/n, see ya tomorrow
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Post by kryptos2009 on Aug 16, 2010 15:57:01 GMT -5
Hi Gang,
Haven't been able to post much lately, busy with work.
Really enjoyed reading the thread today, catching up when I had time.
Great teamwork today guys!!!
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Post by brosin on Aug 16, 2010 18:34:14 GMT -5
Yep thanks all for the commentary today - didn't have a chance to watch the action or this thread very closely, but I would come and catch up a little after the fact here and there. Play by play was very helpful even though it ended up being a boring day!
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