Perfect test of the SPY intraday VWAP earlier on the bounce (see
chart below).
Intraday VWAP is indicated by magenta/cyan dots. TradeStation
EasyLanguage code for anyone who wants the indicator (I found it on
the internet somewhere):
Posted by philosoraptor on 3rd of Feb 2012 at 07:34 am
p_s_b, have you tried going to Format - Symbol - ('Scaling' tab)
- then uncheck 'Expand Range To Include Analysis Techniques' box
?
When that box is checked and you have indicators on the screen
that otherwise would be a considerable distance from the price
bars, these price bars are then only a small part of the overall
view, hence their "flat" perspective.
Posted by philosoraptor on 4th of Jan 2012 at 12:41 pm
RP, do you ever pairs trade? If you are unsure whether SPY will
fall or Euro rise in order for the correlation to resume, why not
go short the former and long the latter? They might even meet in
the middle - a win-win!
Posted by philosoraptor on 30th of Nov 2011 at 11:07 am
Pivots-wise, we have breached the seldom seen R4 today on SPY (@
$123.92).
How unusual is this activity? I have just scanned back
through my SPY charts for the whole of 2010 and 2011 - in all that
time, we have only breached R4 on one other occasion; the first
trading day of this year (Jan 3)!
FWIW, price action for that day was a nice inverted 'U' shape
i.e. it rose steadily before selling off from around 11.40am into
the close.
Today's trading has started in a very similar fashion.......
Posted by philosoraptor on 28th of Nov 2011 at 06:30 pm
Up that amount close-to-close yes, but financials sold off
intraday straight from the initial gap up and the weakness
persisted until the ramp job in the last few minutes of the
session. Buying the gap was a losing trade today in the
financials.
A priceless quote yesterday from one Theodore Tozer of Ginnie
Mae, which has now surpassed Freddie Mac as the second largest
funder of home loans in the country. A quote that will surely come
back to haunt him in the future and which shows that nothing,
absolutely nothing has been learned by the powers-that-be. A quote
so dripping in potential schadenfreude that it deserves wide
dissemination. I wonder what his golden handshake will amount to
WTSHTF?
“We’ve done a really incredible job supporting the housing
market...and the taxpayer makes a ton of money on it.”
“Our model is something people don’t really
understand,” Tozer said.
“It’s the government having its cake and eating it,
too.”
Posted by philosoraptor on 7th of Nov 2011 at 08:47 am
Marketguy, you are generous to a fault with your chart postings.
I am sure they are much appreciated by the vast majority of the
community - please keep it up and ignore the naysayers and wind-up
merchants. Having said that, your posts are very entertaining when
you are angry...
Posted by philosoraptor on 1st of Nov 2011 at 02:02 pm
Ha ha, just checked the Monex Group website - monthly chart
shows a high of c. 185,000 sometime in 2006 - then a perfectly
descending multi year trend - closing price today, c. 12,000
!
Posted by philosoraptor on 1st of Nov 2011 at 01:30 pm
Matt, Steve, RP, anyone else experienced/in-the-know, should I
be worried about MF Global being the tip of the bad brokers iceberg
(commingling client accounts, etc)? I have funds with
Interactive Brokers and TradeStation. Any advice would be much
appreciated.
Posted by philosoraptor on 19th of Oct 2011 at 12:51 pm
Steve, to build on your point from earlier, when very large gaps
appear overnight, even R4/S4 can be in play. Also, today in AAPL
(so far), both support and resistance are defined by pivot
mid-points.
The community is delayed by three days for non registered users.
'manu' - what?
manu!!
Posted by philosoraptor on 7th of Dec 2012 at 12:29 pm
'manu' - what?
I am supping a pint
under the weather
Posted by philosoraptor on 30th of Sep 2012 at 06:33 pm
I am supping a pint of the black stuff now - Ole! Ole! Ole! Team Europ e, campione! :-P
EURUSD / GBPUSD pairs trade?
Looking for who's leading to the downside in case the ...
Posted by philosoraptor on 14th of May 2012 at 11:50 am
The SPY and EURUSD usually correlate, and certainly have in the past six weeks.
Also, the Pound (GBPUSD) and Euro (EURUSD) usually follow each other.
However, the Pound has diverged from the Euro significantly in the past six weeks - see the attached correlation chart.
FXE = Euro / EURUSD ETF
FXB = Pound / GBPUSD ETF
Sooooo, 'no risk' pairs trade = Long FXE / Short FXB?
SPY, intraday VWAP test
Posted by philosoraptor on 8th of May 2012 at 12:52 pm
Perfect test of the SPY intraday VWAP earlier on the bounce (see chart below).
Intraday VWAP is indicated by magenta/cyan dots. TradeStation EasyLanguage code for anyone who wants the indicator (I found it on the internet somewhere):
inputs: UpColor(Magenta), DownColor(Cyan);
variables: upperMPD ( 0 ), lowerMPD ( 0 ), band ( 0 ),
HH ( 0 ), LL ( 0 ), Answer(0);
Answer = VWAP_H;
if AvgPrice >= Answer then
SetPlotColor(1,DownColor)
else
SetPlotColor(1,UpColor);
IF High > HighD(0) then
HH = High
else Begin HH = HighD(0);End;
IF Low < LowD(0) then
LL = Low
else Begin LL = LowD(0) ; End;
band = ( HH - LL )/ 2 ;
upperMPD = Answer + band ;
lowerMPD = Answer - band ;
IF Answer<>0 then BEGIN Plot1(Answer,"VWAP");
END ;
{ Alert criteria }
if Last <= lowerMPD then
Alert( "VWAPlowerMPD" )
else if Last >= upperMPD then
Alert( "VWAPupperMPD" ) ;
http://www.zerohedge.com/news/tvix-debacle
TVIX
Posted by philosoraptor on 22nd of Mar 2012 at 03:58 pm
http://www.zerohedge.com/news/tvix-debacle
p_s_b, have you tried going
BPT ATR Trailing stop
Posted by philosoraptor on 3rd of Feb 2012 at 07:34 am
p_s_b, have you tried going to Format - Symbol - ('Scaling' tab) - then uncheck 'Expand Range To Include Analysis Techniques' box ?
When that box is checked and you have indicators on the screen that otherwise would be a considerable distance from the price bars, these price bars are then only a small part of the overall view, hence their "flat" perspective.
Anyway, I could be wrong, but worth a try...
German recession?
Futures and World Markets
Posted by philosoraptor on 11th of Jan 2012 at 08:11 am
German economy shrank in 2011 Q4:
http://www.businessweek.com/news/2012-01-11/germany-may-be-on-brink-of-recession-after-gdp-decline-economy.html
RP, if you start losing
Posted by philosoraptor on 4th of Jan 2012 at 12:49 pm
RP, if you start losing confidence in your analysis, we are all doomed...don't fail me now...Happy New Year!
RP, do you ever pairs
Posted by philosoraptor on 4th of Jan 2012 at 12:41 pm
RP, do you ever pairs trade? If you are unsure whether SPY will fall or Euro rise in order for the correlation to resume, why not go short the former and long the latter? They might even meet in the middle - a win-win!
Pivots-wise, we have breached the
ES 15 min
Posted by philosoraptor on 30th of Nov 2011 at 11:07 am
Pivots-wise, we have breached the seldom seen R4 today on SPY (@ $123.92).
How unusual is this activity? I have just scanned back through my SPY charts for the whole of 2010 and 2011 - in all that time, we have only breached R4 on one other occasion; the first trading day of this year (Jan 3)!
FWIW, price action for that day was a nice inverted 'U' shape i.e. it rose steadily before selling off from around 11.40am into the close.
Today's trading has started in a very similar fashion.......
Up that amount close-to-close yes,
Posted by philosoraptor on 28th of Nov 2011 at 06:30 pm
Up that amount close-to-close yes, but financials sold off intraday straight from the initial gap up and the weakness persisted until the ramp job in the last few minutes of the session. Buying the gap was a losing trade today in the financials.
Remember the name, remember the day
Posted by philosoraptor on 10th of Nov 2011 at 04:15 pm
A priceless quote yesterday from one Theodore Tozer of Ginnie Mae, which has now surpassed Freddie Mac as the second largest funder of home loans in the country. A quote that will surely come back to haunt him in the future and which shows that nothing, absolutely nothing has been learned by the powers-that-be. A quote so dripping in potential schadenfreude that it deserves wide dissemination. I wonder what his golden handshake will amount to WTSHTF?
“We’ve done a really incredible job supporting the housing market...and the taxpayer makes a ton of money on it.”
“Our model is something people don’t really understand,” Tozer said. “It’s the government having its cake and eating it, too.”
**bangs head against brick wall**
Marketguy, you are generous to
public charts on stockcharts.com
Posted by philosoraptor on 7th of Nov 2011 at 08:47 am
Marketguy, you are generous to a fault with your chart postings. I am sure they are much appreciated by the vast majority of the community - please keep it up and ignore the naysayers and wind-up merchants. Having said that, your posts are very entertaining when you are angry...
Ha ha, just checked the
Posted by philosoraptor on 1st of Nov 2011 at 02:02 pm
Ha ha, just checked the Monex Group website - monthly chart shows a high of c. 185,000 sometime in 2006 - then a perfectly descending multi year trend - closing price today, c. 12,000 !
Safest but the world's most
Posted by philosoraptor on 1st of Nov 2011 at 01:37 pm
Safest but the world's most surly, supercilious service - I wonder whether it is inversely correlated?
p.s. thanks Matt.
Bad brokers
Posted by philosoraptor on 1st of Nov 2011 at 01:30 pm
Matt, Steve, RP, anyone else experienced/in-the-know, should I be worried about MF Global being the tip of the bad brokers iceberg (commingling client accounts, etc)? I have funds with Interactive Brokers and TradeStation. Any advice would be much appreciated.
Steve, to build on your
Pivot Question- Gapping under s2
Posted by philosoraptor on 19th of Oct 2011 at 12:51 pm
Steve, to build on your point from earlier, when very large gaps appear overnight, even R4/S4 can be in play. Also, today in AAPL (so far), both support and resistance are defined by pivot mid-points.
VWAP test and bounce
Posted by philosoraptor on 11th of Oct 2011 at 11:33 am
VWAP = cyan dots
What's in a name? It would
DOW 11K
Posted by philosoraptor on 30th of Sep 2011 at 04:06 pm
What's in a name?
It would appear to be closed all
next week anyway:
http://www.sse.com.cn/sseportal/en/home/home.shtml
Isn't the SSEC closed all
DOW 11K
Posted by philosoraptor on 30th of Sep 2011 at 04:00 pm
Isn't the SSEC closed all next week for Golden Week? Not a good time for nervous Chinese longs!