tuesday ramblings (and Mon nite futures)

403
the ES daily chart pattern make me comfy holding shorts overnight... look at those wicks, bear top tails.... propped up but cannot hold

400
well... 100% winning daytrades today,,, not lots of profit because of narrow range, and none "took off" ... but some profits anyways

354
45.95 cover most of short if filled

352
93% confid swing short signal here...if we close near this ..... same signal setup as b4...imho

328
3 cents from my stop....might get hit and need to take first loss of day...grr

322
it "appears" the move down was real, the move up was fake... but who knows...

320
this move up is on lighter vol....poss headfake this time...

304
right now...MM are selling ...shorting or taking profits... but they do like to play games...

253
starting to go down some here...not sure if headfake...dont think so....

239
nervous qqqq shorts could exit here breakeven... if nervouse for end of day ramp higher...

229
YES. qqqq going down,,,,dribbling..trickle... but short still valid for now

220
tbt going down nicely to allow more long...but not ready yet here for me

219
qqqq bias still down to me slightly...

205
*covered short, not sold, the qqqq.......sorry

204
sold 50% of qqqq at breakeven at 4608 ... extra qqqq short accomplished its purpose in lowering the avg cost.... reducing risk

201
more short qqqq at 4611...same stop as rest

157
changed qqqq sstop .17 for now...

151
no losses today so far,,,,but might need to take one on the qqqq short....watching...stop still at .15

143
if qqqq get to 4611 i will consider looking for an exit point to cover the daytrade short...

130
poss 3min HS bear pattrn in QQQQ

128
looking for qqqq to stay under 2612,,,pref under 4608...last 4606

126
if qid closes like this chart pattern now, i have a 93% confidence setup for swing via qid.... its an EARLY entry thus suspecrt to higher risk

119
marketmakers dropping the bids and assks again heree...bearish..mildly tho...they do love to play games..

115
PG breaking down nicely.... starting to crush its bull flag...but not yet......

112
PG could be forming bull flag...danger for my short...watching... stop at 6207

103
the last qqqq short daytrade is riskier...short near LOD...mmomentum trade....with reasonable stop

102
shorting more qqqq at 4604 here...

1254
exitng 75% qqqq long here at 4608. marketmakers are selling, for now...

1249
qqqq marginal break over the 133t DTL... could go either way,,,, bias slight up now

1247
qqqq short stop now at 4604 for free trade near breakeven

1235
scalping today is only way... with idea that scalp might get a larger move...for me

1234
if qqqq can hold 46.000 then a mini bull 3min diverg will form that should give a scalp pop up

1233
nervous qqqq long would exit here at .04 for near breakeven... i'll stay long (and also short lol)

1214
then 4622 is next trendline R

1211
qqqq broke north over the DTL and now headed to test 4310 R line..another DTL

1210
qqqq charts suggest at least a lil pop up.... its tite tday. last 4606

1151
qqqq bull crouch tiger here but its contgratrend so weaker....

1150
tryihg the qqqq long here for daytrade scalp...tite stop...and also short at same time

1142
also i am in QID swing so i can participate in more qqqq down if it comes, the qqqq short is a scalp daytrade....

1140
there was a large vol push a few min ago to .07...which is why i tightened stop (one reason). charrts suggest


poss chop too
 
 
1139
one penny cent from the stop....

1137
stop qqqq at .06 for 50% to take lock some profits

1129
charts still suggest at least the .97 target tho

1128
wow these narrow range days r very hard for daytrades... if the qqqq starts moving over .07 and doesnt hold down there, will cover yet again for small measley profit

1127
PG continues its decline...last 6166

1119
trade::::::::::;;  qqq targets for short 45.97, 45.94, 45.80... 4594 is yest LOD so if that breaks, could see fireworks

1117
taking a few scalp


profits at LOD here in qqqq....saving

rest.... stop moved to breakeven for

another free trade... thus far today is

narrow range so hard for the daytrades with small returns so far... needing to trade many shares
 
 
1115
looking for q to stay under .08 for daytrade

1114
but a move up in q to 46.24 is possible to test that DTL...so watching this short carefully here

1112
charts suggest break of the qqqq .04 for 45.98 and stall there. of course a bounce at the .04 would be normal

1111
qqqq about to test LOD here

1108
PG stalled at 61.87 or 5 cents over the .82 target expected.....and last is 61.72.... i remain short PG

1107
i want some more skf....but not ready to buy yet... the 15 and 60min need to chop around some more. last 23.85

1100
for awhile now, the 10,753 is the upper limit i think the dow will attain, if it gets that high

1054
3min qqqq is in a coil, with a marginal break lower. expect backtest back up would be ok for the short pos.

1052
for any real traction, the QID needs to get over 19.07 for a stab at 19.97.... still lots of R at 19

1050
ok qqqq broke the .12 mini support...see if sustains... scalp target first 45.98 with stall there

1048
looking for qqqq to stay under .17 for now... last 4613

1047
shorting qqqq 46.13

1039
ok...out of the spy at a paltry profit on that scalp... at least was hedged in event of higher HOD

1032
taking some scalp profits on half of SPY here at .97....its looking weak

1028
spy stop raised to 112.91 for free trade,,,just over breakeven... this daytrade i have a tighter stop than normally cuz spy at some R up here.... can always re-enter.... under .91 suggests poss .80

1026
PG stall at .82 expected....

1024
spy mental stop 112.84. will not auto sell at .84 but will consider exit...depending on chart landscape

1022
PG short is acting up...moving up.. but i remain short the small PG position

1018
90% spy bull crouch tiger....with spy over 112.86

1017
paying the premium on spy cuz looks like poss breakout higher

1016
in spy long 112.90.... 25% position daytrade

1012
buy spy lim 112.84 if filled...below mkt... last 112.90

1008
qid stall at 1885 expected. last 1882

1007
spy 112.61 might interest me for long if it gets there...unsure...day only. last 112.79

1005
charts do suggest a bounce in the spy maybe... might look for a long daytrade only..no entry yet for me. last spy 112,80

942
conversely QID swing is down red at -3.1%, but not bad for a 2x etf... stillholding it

9:33 AM
setting stops in my tbt mid term-- mentioned it at 44,,,last 51.15... may sell and buy back

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".