tag:blogger.com,1999:blog-947237681666122369.post9201450294067331001..comments2024-03-18T14:37:21.899-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX and VIX Updates: VIX Likely to Be Forming a BottomPretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger180125tag:blogger.com,1999:blog-947237681666122369.post-74277016326443680192012-02-23T04:27:32.378-10:002012-02-23T04:27:32.378-10:00Thank you.Thank you.Authentic1noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-73991152288165149002012-02-23T04:05:27.257-10:002012-02-23T04:05:27.257-10:00i never put on an ES trade unattended, too much ca...i never put on an ES trade unattended, too much can go wrong, i do real time trading and conditions may affect my decisions.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-72673404388471972882012-02-23T03:48:01.411-10:002012-02-23T03:48:01.411-10:00katzo7, do you typically leave limit orders open o...katzo7, do you typically leave limit orders open overnight to try and catch entries like the one today around 4:00 AM in ES?<br /><br />Or do you rather place trades only as you see them developing (i.e.- no trades or orders if you are unable to keep an eye on it)?<br /><br />Under what conditions is it a good idea to leave some orders out there when you step away? <br /><br />Thanks in advance.Authentic1noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-84265793011796459902012-02-23T01:34:49.120-10:002012-02-23T01:34:49.120-10:00Update's posted, so let's continue da disc...Update's posted, so let's continue da discussion over there. Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-11573997285043728952012-02-23T01:14:56.000-10:002012-02-23T01:14:56.000-10:00ES/60
Mrkt loves testing the 59-61 area. That pro...ES/60<br /><br />Mrkt loves testing the 59-61 area. That provided the best short entry.<br /><br />http://www.screencast.com/users/katzo7/folders/Jing/media/c2ab4e4b-9c5f-49e7-b249-228020af05bakatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-22391025201712899162012-02-23T00:27:02.520-10:002012-02-23T00:27:02.520-10:00Yeah, this count is quite plausible, though I have...Yeah, this count is quite plausible, though I have it labeled slightly differently. It's one that's going in the update I'm working on.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-49493022665002657412012-02-23T00:01:20.372-10:002012-02-23T00:01:20.372-10:00Good morning PL,
there was a thoughtful post yeste...Good morning PL,<br />there was a thoughtful post yesterday which suggested that it wasn't necessarily the case that a top was in, which got me thinking.<br />If I assume he's right (and right now the European markets are almost back to yesterday's highs) then this last wave could be re-worked to show an SPX top at 1372 - 1380 (depending where you place the 50% line) and an INDU top 13,057 - 13,085.<br />I'm willing to be torn to pieces for a nonsense chart but hey, it looks good. :)<br />Kind regards,<br />UKDNYUKDNYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-24937306983149204952012-02-22T22:50:20.013-10:002012-02-22T22:50:20.013-10:00I got 2 hours last night!I got 2 hours last night!Randallhttp://profile.yahoo.com/S7GX374TOVPSSITDC5NK4WOCWYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-12874967519668725132012-02-22T22:19:40.257-10:002012-02-22T22:19:40.257-10:00" Look what I can do."" Look what I can do."Albertarockshttp://albertarocks-ta-discussions.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-36233564037032892592012-02-22T21:11:15.925-10:002012-02-22T21:11:15.925-10:00lol, all too true. lol, all too true. Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-34945395696630541182012-02-22T21:09:28.676-10:002012-02-22T21:09:28.676-10:00You're welcome. :)
Just sold at 57. Trade w...You're welcome. :)<br /><br />Just sold at 57. Trade was a little slow, but no drawdown trades are always the best ones. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-69974488774620243312012-02-22T21:03:03.265-10:002012-02-22T21:03:03.265-10:00Thanks for the tip. Followed your lead and made a...Thanks for the tip. Followed your lead and made a quick profit. looking to go short soon.RockRhttp://profile.yahoo.com/_SJ7XMQ7LYOTRCGGZOG222ITZIMnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-14292575345019672902012-02-22T21:01:21.742-10:002012-02-22T21:01:21.742-10:00antonym: pretzellogic
lolantonym: pretzellogic <br /><br />lolmavrichnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-870201017566905842012-02-22T20:53:31.863-10:002012-02-22T20:53:31.863-10:00Define "sleep."Define "sleep."Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-87659861313905353492012-02-22T20:52:28.383-10:002012-02-22T20:52:28.383-10:00I'll cover them in detail in tomorrow's up...I'll cover them in detail in tomorrow's update.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-74625210990711780802012-02-22T20:27:09.924-10:002012-02-22T20:27:09.924-10:00It's entirely possible, but I think it would t...It's entirely possible, but I think it would take a black swan event to make it reality.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-78539252542042656002012-02-22T20:26:30.116-10:002012-02-22T20:26:30.116-10:00Thanks, WS. :)Thanks, WS. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-8831537336073627302012-02-22T20:25:55.854-10:002012-02-22T20:25:55.854-10:00The first page w/ names and emails I know nothing ...The first page w/ names and emails I know nothing about. I've had this link hijacked a couple times -- maybe that's what happened.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-64193962134098459952012-02-22T20:05:09.796-10:002012-02-22T20:05:09.796-10:00Ray, of course i am not PL, and I wouldn't eve...Ray, of course i am not PL, and I wouldn't even dare stand in his (EWT) shadow, but i'd say that's correct though the (iii) and (iv) you labeled are smaller waves within the entire iii wave IMHO. For example, one can clearly see wave (i) topped at 1270, then (ii) bottomed at 1250. From 1250 to 1335 was indeed (iii), then (iv) back to 1300 and now we've witnessed wave (iv) in recent days. (yes I am of the opinion that the iii peak is in and we're heading south to low 1300s for a healthy correction so the upward move can continue from there till say 1450+.) <br /><br />anyway, within wave (iv) one can clearly see 5 smaller waves (i am gonna label them a, b, c, d, e) to make it less confusing:<br />a went from 1300 to 1330, b from 1330 to 1320, c from 1320 to 1355, d from 1355 to somewhere mid 1340 (it's that mess of up-down-up-down days from last week, which if I understand PL correctly is often how a 4th wave is: sideways and sloppy correction) and now thus the final act, wave e to 1367. Note that in this 4th wave "e" is a clear a-b-c structure, as is in the wave (iv) you labeled.<br /><br />That said, IMHO this wasn't entire wave C yet. we may have just finished iii, are going into (iv) and then comes (v) to higher highs. As shown on PL's graph. Why do I think that C is not finished yet? More ECB LTRO is around the corner, just in time to make wave (v). This entire wave (iii) was LTRO and FED money, so it's not hard to imagine what the next round of printed euro's will do to our markets. However, this 2nd installment is -if i recall correctly- not as large as the 1st.<br /><br />I hope this helps, and PL forgive me for "pissing in your territory" ;-) Hopefully I got the counts right!?soulsurferusanoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-81995506364378648442012-02-22T19:59:10.750-10:002012-02-22T19:59:10.750-10:00which levels? I got the shirt whipsawed out of me...which levels? I got the shirt whipsawed out of me today.Juannoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-46444786813589754762012-02-22T19:26:06.654-10:002012-02-22T19:26:06.654-10:00 LOL LOLjbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-74960820915286187612012-02-22T19:11:51.374-10:002012-02-22T19:11:51.374-10:00It depends on the time frame you anticipate holdin...It depends on the time frame you anticipate holding. I limited myself to only 300 shares because of that possibility. TVIX really is a daytrade, but I got in at 17.60 knowing that it is entirely possible to visit 14 briefly, but it would likely be briefly and I don't mind taking that risk. I actually have a pretty high tolerance for risk depending on the allocation. But that's just today.jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-44320339884467064812012-02-22T19:08:03.588-10:002012-02-22T19:08:03.588-10:00 Sage advice. Baby steps. Sage advice. Baby steps.CalDnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-55645546848741380242012-02-22T19:07:26.112-10:002012-02-22T19:07:26.112-10:00 Goin' nucular. Goin' nucular.CalDnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-82538533088907833132012-02-22T19:06:41.437-10:002012-02-22T19:06:41.437-10:00I find I tend to be early a lot more often than la...I find I tend to be early a lot more often than late. Off the top of my head, I'd guess I could up my average return a good 10% if I just learn to trust my instruments and try keeping my pecker in my pants about 5 minutes longer per entry.CalDnoreply@blogger.com