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Previous Intraday Trading Session: [ 4/25/2013 ]

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TIMEALERTS 
16:27TRADES --
Scalpers: +2, -1.5, -2, -2 = -3.5
Sluggers: +3, -1.5, -2, -2 = -2.5

 
15:48I see this once in awhile, but today I am seeing it a lot: refresh the chart causes the candles to change. This is on the Prophet charts only so far. I'll switch to the TOS charts tomorrow.

 
15:45Trade #4 -- Stopped out 1581 [-2]

 
15:35Chart update. This is looking like a classic reversal up IF the current candle finishes as a bullish engulfing.

 
15:27Subscribers ot the option service were told to expect a reversal down today between mid-day and the close.

 
15:25Trade #4 -- Sell 1579

 
15:24Support is not holding

 
15:23The OptionsXpress site has been screwed-up all day also.

 
15:22I have to find a way to get a live chart posted in the trading room.

 
15:21ARRRGGHHH.....
The candle formations at 2:00 have changed. Take a look at the chart I just posted. I would have been screaming sell at 1587.

 
15:19Chart update. If may move higher, but I still see a sell-off into the close.

 
15:155-minute chart is now looking like a reversal up.

 
15:15Trade #3 -- Stopped out at 1581.5 [-2]

 
15:11Charts in all time frames pointing low. Gold and Silver also.

 
15:10Move the stop up to 1581.50

 
15:09Signs of a sell-off are getting stronger.

 
15:07In @ 1580 Place stop at 1581

 
15:07Trade #3 -- Sell where you can

 
15:06Trade #2 -- sStopped out at 1581 [-1.5]

 
15:04If it doesn't bounce up, we are in for a sell-off.

 
15:00In @ 1582.50

 
14:58Trade #2 -- Buy 1582 -- Stop 1581

 
14:56Maybe 1582 is support. See chart.

 
14:531583 still looks like support.

 
14:51Note in chat room

 
14:32I suspect the flag will eventually workout, so we should be looking for an opportunity to go long after this pull back runs its course. I am watching the 1-minut chart for a reversal signal. The pull-back should not go below 1583.

 
14:28Trade #1 -- Sluggers stopped out at 1586.25 [+3]

 
14:23We have competing indicators.

 
14:20Sluggers raise stops to 1586.25

 
14:20If this is a bearish reversal candle on the 5-minute chart, we should see a move down.

 
13:23Sluggers should raise stops to 1584.25

 
13:03Now, this is the point at which I usually don't like the progress being made so I raise the stop then the market takes out my stop and proceeds to move in the direction it was suppose to. So, I ain't moving the stop.

 
12:56Sluggers should place a limit order at 1591.

 
12:54Sluggers should raise stops to 1583.25

 
12:53Trade #1 -- Scalpers out at 1585.25 [+2]

 
12:39Flag is holding. Potential 8-point move up.

 
12:28In at 1583.25

 
12:27Trade #1 -- Buy 1583 -- Stop 1582

 
12:24Chart update

 
12:20We have some bullish flags on the 10 and 15 minute charts.
Sometime before the close today, I expect the market to start heading south.

 
12:19Good afternoon!

 
10:12Trading room will open at Noon.

 
 
 
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