tag:blogger.com,1999:blog-947237681666122369.post2896125531042271298..comments2024-03-18T14:37:21.899-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX Update: Revenge of the BeardPretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger407125tag:blogger.com,1999:blog-947237681666122369.post-26398257693225760272012-04-30T02:35:20.450-10:002012-04-30T02:35:20.450-10:00Glad to share RickQC. You asked me about CAT a few...Glad to share RickQC. You asked me about CAT a few posts back.....here is an analysis (by an Elliotician) on CAT. <br />http://www.marketwatch.com/story/be-prepared-for-a-wild-ride-in-caterpillar-2012-04-26 Bob_Enoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-67273616858463305332012-04-30T02:14:52.001-10:002012-04-30T02:14:52.001-10:00Top of morning Bob, caught up with most of your we...Top of morning Bob, caught up with most of your weekend post & I want to thank you for sharing your knowledge and hard work with us. Just startied learning EW theory and following your updates helps me understand a little more everyday. I went ahead of the trend on this last leg and today I will either cover my position or hopefully add more to it. Again thank you for keeping me in the loop and help me make some kind of sense of it all. RickQCnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-29556953035882442352012-04-28T20:55:06.191-10:002012-04-28T20:55:06.191-10:00Here's a chart on CVX for Monday morn. It'...Here's a chart on CVX for Monday morn. It's the daily chart.....to show possible time horizon for end of wave 2 Bob_Enoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-69188241253334085252012-04-27T21:29:46.494-10:002012-04-27T21:29:46.494-10:00Bullish wave 5 count for next week, into the full ...Bullish wave 5 count for next week, into the full moon and French election.Christian Gustafsonnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-41978833667098810482012-04-27T08:39:46.250-10:002012-04-27T08:39:46.250-10:00brilliant, love it LOLbrilliant, love it LOLUKDNYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-6815552531059670002012-04-27T06:18:27.842-10:002012-04-27T06:18:27.842-10:00You are correct that the Basel Accords allow for s...You are correct that the Basel Accords allow for some discretion by each international jurisdiction on how Tier 1 is met. You are also correct that Spain was not at AAA and therefore not considered Tier 1 material to begin with.davezarlingnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-18593272203119156452012-04-27T05:25:06.723-10:002012-04-27T05:25:06.723-10:00Thank you Max. That was a very good article. I sti...Thank you Max. That was a very good article. I still don't understand how people choose their tick aggregations. Is 133 ticks supposed to be the average for 1 minute during RTH, for example? I supposed I can just plot these and observe how well they overlay each other. -DDDust Devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-66069674534591183122012-04-27T03:46:38.405-10:002012-04-27T03:46:38.405-10:00$50 per point per contract. $12.50 per tick, which...$50 per point per contract. $12.50 per tick, which is 0.25 point. http://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500_contract_specifications.htmlDust Devilnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-62717148358975008522012-04-27T02:39:36.242-10:002012-04-27T02:39:36.242-10:00Update's posted, btw. :)Update's posted, btw. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-28551327676655478572012-04-27T02:33:38.502-10:002012-04-27T02:33:38.502-10:00short ES at 99.25, SL 1401short ES at 99.25, SL 1401katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-91957499772153162502012-04-27T02:31:32.823-10:002012-04-27T02:31:32.823-10:00wheeeeeeeeeeeeeee !!! THAt was fun.... all new hig...wheeeeeeeeeeeeeee !!! THAt was fun.... all new highs then WHAM... SPX was 1405.5UKDNYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-73602094640480144172012-04-27T02:25:34.720-10:002012-04-27T02:25:34.720-10:00My target is ES 1402 to 1405... We are very close...My target is ES 1402 to 1405... We are very close now.Authentic1noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-73918765540629013762012-04-27T02:23:32.622-10:002012-04-27T02:23:32.622-10:00Note that this rally started exactly at 3 am EST i...Note that this rally started exactly at 3 am EST in the morning when the Frankfort desk opened up for trading. One of the Feds tricks for boosting the eur/$$. Red arrow shows time in Germany.<br /><br />http://screencast.com/t/V8vVsdsaCkatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-29107703515016927262012-04-27T02:19:35.305-10:002012-04-27T02:19:35.305-10:00INDU SPX NDX Stochastic MI are all 'fluttering...INDU SPX NDX Stochastic MI are all 'fluttering', this means extremely strong buying.UKDNYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-54446544163413985232012-04-27T02:09:36.736-10:002012-04-27T02:09:36.736-10:00The Eur is screwed long term. It may not be this ...The Eur is screwed long term. It may not be this week or next week, but the pols over there refuse to address the structural problems that lead to the crisis in the first place. The German/Finnish/Dutch taxpayers will be dragged kicking and screaming by the ECB to bail out the Spanish and Italian banks, despite the fact that German parliament and EU treaties do not allow it. (Greek bailout was just back door way to bail out German/French banks' exposure to Greece, Greek people will see none of that money). Two interesting articles on the subject below. <br /><br />http://www.zerohedge.com/contributed/2012-17-26/president-eu-parliament-collapse-eu-“realistic-scenario”<br /><br />http://www.testosteronepit.com/home/2012/4/21/drachma-clauses-for-greeces-exit-from-the-eurozone.htmlWhoa_Nelliehttp://pulse.yahoo.com/_AWNE7KBBN2JNCLUIPQPIWKIEVEnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-64413387357371063752012-04-27T02:09:32.887-10:002012-04-27T02:09:32.887-10:00Thankyou DRG for your work. I appreciate all the ...Thankyou DRG for your work. I appreciate all the help I can get. I will study these. Now it's off to the day job. Thank GOD for that.Whip_sawednoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-70525907078286691832012-04-27T02:06:24.964-10:002012-04-27T02:06:24.964-10:00Thanks katzo7. This is one of your lessons that h...Thanks katzo7. This is one of your lessons that has gotten burned into my brain. Thanks for all of your help.Whip_sawednoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-22886497646832772012012-04-27T01:56:46.387-10:002012-04-27T01:56:46.387-10:00 OH MY! Thanks for sharing, that's absolutely... OH MY! Thanks for sharing, that's absolutely shocking. Did you see the one on the Gvmt. budget? I shared it to FB so others I know can see that. JuiceBoxBoyhttp://pulse.yahoo.com/_F5FXAMHTHF7P6BQLEONWSWQE3Qnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-62675693238317677702012-04-27T01:47:12.523-10:002012-04-27T01:47:12.523-10:00Thanks for that excellent illustration of all the ...Thanks for that excellent illustration of all the elements...it's greatly appreciated. :)Nostradumassnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-72542571718477764982012-04-27T01:45:42.566-10:002012-04-27T01:45:42.566-10:00GDP Newsdate late by 15min already...cant remember...GDP Newsdate late by 15min already...cant remember this happend before.?Yogi69noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-13444871741726617562012-04-27T01:32:16.474-10:002012-04-27T01:32:16.474-10:00TL trading vs. EW trading and stop loss management...TL trading vs. EW trading and stop loss management <i>(for Clayton),</i> note that this run was (guess what) 7 points for TL trading and just under 10 points for EW trading (a bit longer than normal).<br /><br />http://www.screencast.com/users/katzo7/folders/Jing/media/6372f442-078f-414c-b15c-5be6f47c784akatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-90268892109500634152012-04-27T01:25:17.738-10:002012-04-27T01:25:17.738-10:00I see where I screwed up now, a single ES contract...I see where I screwed up now, a single ES contract has a delta of $50 per point tick... I was missing that all too important fact hence the newbie error of thinking you needed 50 contracts to make it worth while... (glad I haven't started trading yet... that would've hurt, I think it would be wise for me to start with paper money for a little while)<br /><br />Thanks Katzo, greatly appreciate your patience and willingness to help those of us that are learning.Clayton233noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-23667086277944003412012-04-27T01:15:29.224-10:002012-04-27T01:15:29.224-10:00yesterday's tops exceeded already, surges acro...yesterday's tops exceeded already, surges across the markets.UKDNYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-53730071856956583722012-04-27T01:12:27.481-10:002012-04-27T01:12:27.481-10:00booming ahead now >>>>booming ahead now >>>>UKDNYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-68361970615222139682012-04-27T01:09:11.234-10:002012-04-27T01:09:11.234-10:00That is astounding. Thanks for posting. It's a...That is astounding. Thanks for posting. It's a good thing none of us are involved :(wwtradernoreply@blogger.com