Might I add that David has been spot on as usual.
Per David Elliott :
Take a picture of this last market move and reversal and attach our rational for the reversal bounce. Yesterday played perfectly into the technicals for a reversal.
Today I am looking for some early morning market dip to some intra day market supports [...]
Outlook for Next Week:
My market candle scans from Friday evening indicate to me that we’ll have a bullish Monday. I’m looking at 3 to 1 bullish indicators to bearish, although the strength (predominance) of the indicators appears a little weak.
My positive observation is shared by Yong Pan in Cobra’s Market View who notes that when [...]
As a trader and a technical trader exclusively it is important to take the trade signals when they present themselves while ignoring all the noise around you. This am after 2 good days of selling it is easy to predict we continue to fall but as a professional trader opinions need to be left out [...]
September 24th, 2009 by HamzeiAnalytics | Comments
A Tale of Two Market Calls
The following discussion took place in the Hamzei Analytics High Frequency Trading chatroom on September 23, 2009. Names in this transcript has been changed for privacy purposes.
AFTERNOON DISCUSSION: Post FOMC Announcement a possible shortterm top in the ESZ9 Futures contract.
Wed Sep 23 2009 11:56:25 PDT> Moderator A : I think u r seeing some [...]
September 24th, 2009 by HamzeiAnalytics | Comments
A Tale of Two Market Calls
The following discussion took place in the Hamzei Analytics High Frequency Trading chatroom on September 23, 2009. Names in this transcript has been changed for privacy purposes.
AFTERNOON DISCUSSION: Post FOMC Announcement a possible shortterm top in the ESZ9 Futures contract.
Wed Sep 23 2009 11:56:25 PDT> Moderator A : I think u r seeing some [...]
September 15th, 2009 by HamzeiAnalytics | Comments
The following discussion took place in the Hamzei Analytics High Frequency Trading chatroom on September 15, 2009. Names in this transcript has been changed for privacy purposes.
AFTERNOON DISCUSSION: Futures contract ESZ9 watching price increase while CI was showing negative divergence.
Tue Sep 15 2009 11:16:30 PDT> Moderator_C : keep an eye on the HFT Streamer
Tue Sep 15 2009 11:16:36 [...]
The following discussion took place in the Hamzei Analytics High Frequency Trading chatroom on September 1, 2009. Names in this transcript has been changed for privacy purposes.
MORNING
9.1.09 S&P 500 Chart for Morning (9:30am-12pm EST)
Moderator_A> I tend to lever more aggressively at time points in the day Trader_A
Moderator_A> and I may take off
Moderator_A> numerous pieces of [...]
This chart is courtesy of our newest HFT Chat Moderator, Scott McCray.
Scott McCray, former anchor at Los Angeles Ch 22 Biz TV (the precursor to CNBC), has accepted our invitation to be a Chat Moderator in our HFT Chatroom. Scott is an active options and futures trader with great point of view on Gold, Crude [...]
So much for the dog days of summer. The week of August 10-14 promises to be one of this summer’s more pivotal weeks for the capital markets: equity markets will contemplate the Federal Reserve’s Open Market Committee Statement on Wednesday for clues regarding the strength of the economic recovery and associated monetary policy; the bond [...]