tag:blogger.com,1999:blog-947237681666122369.post1639830885960182413..comments2024-03-18T14:37:21.899-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX Update: Bears Have Left the Building -- Look Out BelowPretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger336125tag:blogger.com,1999:blog-947237681666122369.post-6223431815449775142012-01-08T05:40:21.178-10:002012-01-08T05:40:21.178-10:00Hi Pretzel;
I had posted some comments earlier tha...Hi Pretzel;<br />I had posted some comments earlier that never made it to the blog. I'm now rgistered as FredMaz, since Fred had been already registered . Any way, I just wnted to tell you that I, like almost all people on the blog, truly appreciate your work and dedication. Anyone who thinks fractals can be accurately predicted all the time is obviously ignorant of the fundamentals of fractal-based systems. I suggest avoiding distractions that can be also emotionally draining. You are doing great and even more importantly you are intellectually honest.FredMaznoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-75906624931997291252012-01-07T15:37:59.369-10:002012-01-07T15:37:59.369-10:00Testing registrationTesting registrationmazandanoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-44346007573155478952012-01-07T11:54:36.585-10:002012-01-07T11:54:36.585-10:00ok. No picture here...
take this one: http://img2...ok. No picture here... <br />take this one: http://img268.imageshack.us/img268/985/lenaspjan2012.jpg<br />the old one: http://img440.imageshack.us/img440/2821/lenaspdez2011.jpg<br /><br />hope this will work....Lenanoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-1288161166975719602012-01-07T11:51:34.836-10:002012-01-07T11:51:34.836-10:00Hello Pretzel,
u remember me? We discussed a coun...Hello Pretzel,<br /><br />u remember me? We discussed a count in mid dez. Here my update for you. Now weakness is needed, or the bull will race... ;)<br /><br />best regards lena.Lenanoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-61599497325806760752012-01-06T04:19:55.256-10:002012-01-06T04:19:55.256-10:00Shine,
Sometimes, one, sometimes none, sometimes m...Shine,<br />Sometimes, one, sometimes none, sometimes many. When I don't trade I feel successful. Many feel that have to trade every day, I do not (and cannot) at this point. I balance my 'need to trade' with what I see in the charts. <br /><br />This is what is possible (and my goal) under correct market conditions in ES and what I was doing last summer when I had the summer off. My job precludes me from doing this now, not as much time to watch and play.<br /><br />8 ES points (minimum) a day times 5 days a week times 50$ ES per point equals 2000$ per week times 52 weeks a year equals 104,000$ per year.<br /><br />1) follow trend lines explicitly <br />2) set stops religiously<br />3) a stop out is a good thing, not a bad thing<br />4) one gets their 400$ on a day walk away, no more trading that day<br />5) do not trade, except for certain circumstances, between 11 am and 1:30 pm<br />6) follow trend lines explicitly<br />7) get out when tgt reached<br />8) apply EWT to determine tgtskatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-71947949139025163052012-01-06T04:13:56.287-10:002012-01-06T04:13:56.287-10:00I mean "one"
OK, enough. I need to get...I mean "one"<br /><br />OK, enough. I need to get some "real" work done.<br />I hope people like my "contribution" to the character of the blog as MY EW abilities and day trading SUCK OTHERWISE.Juannoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-23538028105317381252012-01-06T04:13:55.511-10:002012-01-06T04:13:55.511-10:00katz,
Forgot to answer your question and have one ...katz,<br />Forgot to answer your question and have one more.<br /> <br />Re: "2) are you talking about TZA for the 12/19 versus 12/16 buy??" Yes, I haven't been using MACD to choose buy points. Hadn't even considered it. This is another hard lesson learned. Thanks for your feedback.Q: Are you performing EWT on TZA succesfully? I ask because I was under the impression that EWT doesn't work for leveraged markets.2) are you talking about TZA for the 12/19 versus 12/16 buy??" Yes, I haven't been using MACD to choose buy points. Hadn't even considered it. This is another hard lesson learned. Thanks for your feedback.Q: Are you performing EWT on TZA succesfully? I ask because I was under the impression that EWT doesn't work for leveraged markets.Whip_sawednoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-84643630980740593862012-01-06T04:11:51.298-10:002012-01-06T04:11:51.298-10:00Here is noe that is not technically anyone we know...Here is noe that is not technically anyone we know, but may be related.<br />http://www.xtranormal.com/watch/12887918/spoken-word?page=1Juannoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-76495579123082811022012-01-06T04:08:18.944-10:002012-01-06T04:08:18.944-10:00You're annoyed because he pisses on your work....You're annoyed because he pisses on your work. I imagine him how I depicted HIM on MY CARTOON, so HE entertains ME!Juannoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-22881331825963581592012-01-06T04:07:24.518-10:002012-01-06T04:07:24.518-10:00Okay, update's posted, let's continue disc...Okay, update's posted, let's continue discussion on that thread. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-78648768339055014852012-01-06T04:06:40.373-10:002012-01-06T04:06:40.373-10:00Katzo7 Question as a newbie in observing day trad...Katzo7 Question as a newbie in observing day trading. How many trades do you make in a day? Shinenoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-88957008841717722612012-01-06T04:04:35.659-10:002012-01-06T04:04:35.659-10:00a very looooong e mail answer to what I thought wa...a very looooong e mail answer to what I thought was a reasonably short and legitimate set of concers of mine.Juannoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-32363319627368582062012-01-06T04:02:36.196-10:002012-01-06T04:02:36.196-10:00Options expiration may add some spark.Options expiration may add some spark.AFnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-46248725804725533102012-01-06T04:00:05.377-10:002012-01-06T04:00:05.377-10:00I want to go over this again, for those who aspire...I want to go over this again, for those who aspire to day trade ES. All the correct signs were there. You gotta do the homework !<br /><br />http://www.screencast.com/users/katzo7/folders/Jing/media/feb65daa-25cf-43b9-9fa9-f67351b3d1cckatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-15476402769844641442012-01-06T03:58:44.750-10:002012-01-06T03:58:44.750-10:00Market seems surprisingly flat.
Pre-market - Euro ...Market seems surprisingly flat.<br />Pre-market - Euro is down again, gold is up slightly, vxx is not tanking.<br />Euroland may be taking the front seat, again.<br /><br />Sell on news, may be? :)AFnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-9857203783448552422012-01-06T03:56:09.384-10:002012-01-06T03:56:09.384-10:00thx Katz - your stuff is very helpful - working on...thx Katz - your stuff is very helpful - working on my TA - much more fundamentals around trendlines for me - but addign tools to my toolbelt with everyone's input here. To add to the script, Germany/Spain and Italy have bondd deals next week as well - Spain's are longer dated - so the LTRO will not help them there. Markozy meeting on the 9th should be a dud - what are they going to say that they haven't said before?potusnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-33770505520031510272012-01-06T03:45:50.257-10:002012-01-06T03:45:50.257-10:00Thnx potus, your work is exceptional....Thnx potus, your work is exceptional....katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-78714114553425724262012-01-06T03:44:32.891-10:002012-01-06T03:44:32.891-10:00ok - looks like script has been pretty good - load...ok - looks like script has been pretty good - load your shorts here - expect it to be down significantly by next Wednesdayafternoon. One of the reasons is that US has $21 billion of 10 year treasuries to sell next Wednesday - BB will want to get a 1.90% type of yield on that- which will require some equity pain. Hello wave 3potusnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-59312427875281544102012-01-06T03:37:37.234-10:002012-01-06T03:37:37.234-10:008.5 is a nice comedown .. rally?8.5 is a nice comedown .. rally?dust_devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-89438136205853345142012-01-06T03:34:32.926-10:002012-01-06T03:34:32.926-10:00Tgt on 15 min. chart of 1282.5 ES just hit exactly...Tgt on 15 min. chart of 1282.5 ES just hit exactly....katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-5251840828617729102012-01-06T03:33:12.626-10:002012-01-06T03:33:12.626-10:00Job data ....
Non-farm payroll - 200K, unemployme...Job data ....<br /><br />Non-farm payroll - 200K, unemployment - 8.5%AFnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-46406228874078304772012-01-06T03:26:59.009-10:002012-01-06T03:26:59.009-10:00On my 15 ES look carefully at the EW4 and EW1 rela...On my 15 ES look carefully at the EW4 and EW1 relationship, rules state that EW4 cannot violate a previous EW1. Came damn close but no cigar! SOOOOO, if EW4 did not violate EW1 then the EW4 is still in play meaning that we will move higher into a final EW5. I am hating on these extended EW4s. In EWT, there are 'clean' waves and then the other. Clean waves are very predictable; the others are not.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-57257266084275818812012-01-06T02:57:29.059-10:002012-01-06T02:57:29.059-10:00Yes, it does. Thank you.
Many succesful trader...Yes, it does. Thank you. <br /><br />Many succesful traders are reticent about revealing their methodology and tactics. That's why I appreciate this site so much. Not only is PL a great technician that "shows his work", but he attracts other high quality technicians that are also high quality individuals.Whip_sawednoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-88867130407637184222012-01-06T02:56:41.729-10:002012-01-06T02:56:41.729-10:00Okay, where do we go from here? Put your TLs on!
...Okay, where do we go from here? Put your TLs on!<br /><br />http://www.screencast.com/users/katzo7/folders/Jing/media/edf3a6fb-6556-432c-8520-93330d91c7e3katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-83703804809291469772012-01-06T02:52:28.383-10:002012-01-06T02:52:28.383-10:00Thanks. That answers why you didn't think it ...Thanks. That answers why you didn't think it was a truncated fifth, which is what I was thinking with my beginner wave analysis. :)Whip_sawednoreply@blogger.com