Hey all you price predictors: when is a pullback gonna come?

Discussion in 'Trading' started by 1a2b3cppp, Jan 19, 2012.

?

  1. Before the end of next week

    19 vote(s)
    25.7%
  2. between 1-2 weeks from now

    7 vote(s)
    9.5%
  3. between 2-3 weeks from now

    2 vote(s)
    2.7%
  4. between 3-4 weeks from now

    3 vote(s)
    4.1%
  5. between 4-5 weeks from now

    4 vote(s)
    5.4%
  6. NEVER!!! GO LONG CALL OPTIONS WITH FULL MARGIN!!!

    39 vote(s)
    52.7%
  1. I am also selling the past two days the TF....

    holding a 830.50 cost basis.
     
    #111     Feb 9, 2012
  2. Mvector

    Mvector

    I am not trading the russel yet off the ES signals - sticking with the ES for now. I know the russell has better cycling movement for working in liquidity - that part makes sense.
     
    #112     Feb 9, 2012
  3. I prefer trading the TF because I can get more "hits" per unit of time than I can in the ES.

    Selling the 6E at new highs has been a good trade too....very good trade.
     
    #113     Feb 9, 2012
  4. Mvector

    Mvector

    I will stick with that euro trade - that has been a good money maker for a couple of weeks - I like the cycling off each new high.
     
    #114     Feb 9, 2012
  5. Sounds good...

    TTYL!
     
    #115     Feb 9, 2012
  6. SPY's new 5% pullback price is $128.81.

    Today was only +0.13% though, so it's not like it was a huge up day.
     
    #116     Feb 9, 2012
  7. Mvector

    Mvector

    another item - many of ES range extension is happening in after hours session - low vol with thin order book. cash session is having tough time getting and holding new highs for many days of this rally.
     
    #117     Feb 9, 2012
  8. SP500 / DOW / NASDAQ charts break down further and selling should increase next week.
     
    #118     Feb 10, 2012
  9. Mvector

    Mvector

    3 covers at 1337.75 filled - more 6E targets filled at 1.3195. Friday cash session will be a good one with gap down open lookin to be in the mix. ;-)
     
    #119     Feb 10, 2012
  10. Mvector

    Mvector

    flat in euro - last covers at 1.3165 - pullback off yesterday's high was great.
     
    #120     Feb 10, 2012