Monday, April 28, 2014

Apr 28 2014

Nice day, started a bit shaky with 2 stops, then a few 1:3 and 1:2 plays put us solidly in black. YHOO, TZA (this one gave us 1:4), and a few more nice trades made for a very nice day.

Session Time: Mon Apr 28 00:00:00 2014
[08:46] {dino} gm
01[08:46] {@Threei}  morning dino
[08:54] {Phil} good morning
01[08:55] {@Threei}  phil :)
[08:57] {dptl} good morning
01[08:57] {@Threei}  dp :)
[08:59] {dino} .
01[09:11] {@Threei}  (RU) US confirms new sanctions to be imposed surround 7 individuals and 17 Russia companies
01[09:11] {@Threei}  lol
[09:11] {nemo} so, the Kabuki theater continues
01[09:12] {@Threei}  at this rate, if Putin invades whole Europe, sanctions might hit 150 individuals
[09:13] {nemo} yeah, they won't let Russians buy any more property in London
[09:19] {_troub} good morning all
01[09:19] {@Threei}  troub :)
[09:23] {ese} morning....am here for a good time....not a long time....can't stick around too long today......who wrote that tune by the way
01[09:23] {@Threei}  ese :)
[09:23] {ese} vad
[09:24] {nemo} live hard, drive fast, die young, and leave a beautiful corpse....James Dean
[09:24] {ese} ahhhhhhh
[09:24] {ese} mornin nemo
[09:24] {nemo} yes, it is
01[09:27] {@Threei}  light opening, no reak indications either way
01[09:27] {@Threei}  real
[09:27] {nemo} spy solid premarket volume
[09:28] {nemo} Fed Week
[09:29] {Alexs} gm
01[09:29] {@Threei}  akex :)
01[09:29] {@Threei}  k=l
01[09:29] {@Threei}  someone should move l and k apart
01[09:30] {@Threei} Short Setup: JPM  .50 break
01[09:30] {@Threei}  If holds  .60
01[09:31] {@Threei}  Invalidated
01[09:33] {@Threei} Long Setup:  FB  .70 break hl
01[09:33] {@Threei}  If holds  .60
01[09:33] {@Threei}  change to .65 break
01[09:33] {@Threei}  If holds  .55
01[09:34] {@Threei}  valid still
01[09:34] {@Threei}  Invalidated
[09:36] {nemo} fb either wholen number bounce or 56.85ish
01[09:36] {@Threei} Long Setup:  JPM  .25 break
01[09:36] {@Threei}  If holds  .17
01[09:38] {@Threei}  meh
[09:38] {dptl} out jpm
01[09:38] {@Threei}  FB must be almost ready
01[09:38] {@Threei}  ni singke green bar yet since open
01[09:39] {@Threei} Long Setup:  FB  .80 break hl
01[09:39] {@Threei}  If holds  .70
01[09:39] {@Threei}  wow
[09:39] {dptl} ouch...out
[09:39] {nemo} looks like fb going for swing lows on daily
01[09:42] {@Threei} Long Setup:  YHOO  .20 break
01[09:42] {@Threei}  If holds  .10
[09:43] {dino} fb sm l .75
01[09:45] {@Threei}  1:1
01[09:47] {@Threei}  stop to .24
01[09:47] {@Threei}  1:2
01[09:47] {@Threei}  .29 of course'
[09:47] {dino} now hl l .40
01[09:48] {@Threei}  frikin FB, fooled me
01[09:49] {@Threei}  (US) Preview: Mar Pending Home Sales expected at 10:00 ET (14:00 GMT)**Consensus expectations: - MoM: +0.7%e v -0.8% prior - YoY: -10.2%e v -10.2% prior
01[09:50] {@Threei}  stop to .34
[09:50] {dptl} k
01[09:51] {@Threei}  1:3
01[09:51] {@Threei}  out
[09:51] {dptl} all out ty
[09:51] {Alexs} nice catch yhoo Vad :)
01[09:51] {@Threei}  :)
[09:51] {Phil} ty
01[09:51] {@Threei}  now, can someone slap FB silly
01[09:57] {@Threei} Short Setup: P  .75 break hl
01[09:57] {@Threei}  If holds  .85
[09:57] {Les} vxx db
[09:57] {nemo} numbers
[09:57] {dino} now stop to .45
[09:57] {Les} k
[09:57] {dino} out now .44, +1.04
[09:57] {RonS} wtg
[09:58] {dino} ty
[09:58] {Les} nice one dino
[09:58] {dino} too tight on stop tho
[09:58] {Les} question, why not buy off db at .50? why wait till .75?
[09:59] {nemo} numbers
01[09:59] {@Threei}  *(US) MAR PENDING HOME SALES M/M: 3.4% V 0.7%E; Y/Y: % V -10.2%E
[09:59] {Les} is there anything you can say besides numbers numbnuts?
[10:00] {nemo} hope you got into a short just before them
[10:00] {nemo} how's that
01[10:00] {@Threei}  so far he saved your bacon
[10:00] {nemo} frickin' lumpen
[10:02] {Les} charlie and the chocolate factory?
[10:03] {Les} fb boucne territory
01[10:04] {@Threei} Short Setup: WMT  .70 break
01[10:04] {@Threei}  If holds  .80
[10:04] {Alexs} two sided?
01[10:05] {@Threei}  formally yes, but I don't feel easy about buying WMT up $1.20
01[10:05] {@Threei}  also, market ran a lot since 9:55, yet WMT stayed in this range
01[10:07] {@Threei}  short's valid still
[10:10] {nemo} index short setups
01[10:11] {@Threei} Long Setup:  AIG  .20 break
01[10:12] {@Threei}  If holds  .10
[10:12] {dptl} in aig
[10:12] {nemo} hold off on the index shorts
[10:12] {nemo} qqq's still strong because of aapl
01[10:13] {@Threei}  feels breakoutish to me
01[10:13] {@Threei}  AIG stop to .14
01[10:15] {@Threei}  half out
01[10:15] {@Threei}  1:1
[10:16] {dptl} 'oops i got almost all out...:)
[10:17] {dino} taking some fb off, .80, +1.05, remainder swinging
01[10:18] {@Threei}  be thankful it's not a car... getting "almost all out" would be a horrible experience
01[10:18] {@Threei}  wtg dino
[10:18] {dino} lol
[10:18] {dptl} lol
[10:18] {dino} ty
01[10:18] {@Threei}  took revenge for our stop
01[10:18] {@Threei}  "almost all in" is tough too
[10:19] {nemo} I think there's a very insulting sexual joke there
[10:19] {dptl} had offer at .30 and then didt canceled took some off .29, and then .30 got filled
01[10:19] {@Threei}  1:2
01[10:20] {@Threei}  I was still talking about a car nemo... keep your imagination at bay, will ya
[10:20] {nemo} right
[10:20] {Les} joined ya late aig, but thanks out 1:2
01[10:20] {@Threei}  yw
[10:20] {Les} at least nemo is dependable
01[10:21] {@Threei}  out in full here AIG
01[10:21] {@Threei}  1:3 is close enough
01[10:21] {@Threei}  and market is still dizzy after the weekend
[10:23] {dptl} out too...ty
01[10:23] {@Threei}  yw
01[10:23] {@Threei} Long Setup:  TZA  17 break
01[10:24] {@Threei}  If holds  .90
[10:24] {nemo} think spy want's to close the gap
[10:26] {dptl} in tza
01[10:26] {@Threei}  feels ready to retreat to me
01[10:27] {@Threei}  (UR) Bomb blast has reportedly killed a Ukraine soldier in eastern city of Donetsk
01[10:28] {@Threei}  stop to .94
[10:28] {dptl} k
01[10:28] {@Threei}  under low of 10:25 candle
01[10:30] {@Threei}  *(US) APR DALLAS FED MANUFACTURING ACTIVITY: 11.7 V 6.0E
[10:30] {ese} have a great day eh!! cya tomorrow
01[10:30] {@Threei}  take care ese
[10:31] {nemo} after what 3 or 4 days down, shorting should be tough until after europe closes
[10:31] {nemo} gotta watch google and aapl too
[10:31] {Les} fuck europe
[10:32] {Les} commie dickless whinging bunch of pricks
[10:32] {nemo} language you frickin' sheila
01[10:32] {@Threei}  half out
01[10:33] {@Threei}  stop to .99 now
[10:34] {dptl} k
01[10:36] {@Threei}  1.4 more out
01[10:36] {@Threei}  1/4
[10:37] {dptl} under .10 now?
01[10:38] {@Threei}  yup
01[10:38] {@Threei}  1:2
[10:39] {Les} taken 1:2. got some connectivity issues. brb
[10:39] {nemo} yeah, between your brain and mouth
01[10:40] {@Threei}  nemo is too fast... I just started typing "nemo, no comment!"
01[10:41] {@Threei} Long Setup:  AIG  .40 break
01[10:41] {@Threei}  If holds  .30
01[10:46] {@Threei}  Invalidated
01[10:50] {@Threei}  will try for 1:4 on TZA
01[10:50] {@Threei}  downtrend seems to take root
[10:50] {dptl} out some more .29
01[10:50] {@Threei}  1:3
[10:50] {dptl} ty
01[10:50] {@Threei}  yw
01[10:51] {@Threei}  with somewhat rocky start, day becomes bright
[10:51] {dptl} yep...:)
[10:52] {dptl} under .20 stop tza now
[10:56] {Les} yeh nice clawback
[10:58] {Les} SPY .25 /15 long setup?
01[10:58] {@Threei}  50/50
[10:58] {Les} forget it
[10:58] {Les} yeh
[10:58] {Les} support is in .10 area
[10:58] {Les} watching vxx return to test lows
[10:59] {dptl} wy short? ..just watching
01[11:00] {@Threei}  nah
[11:00] {dptl} k
01[11:00] {@Threei}  and don't interruprt my grieving process... why why didn't I call AIG two-sided?
06[11:00] * @Threei pours ashes on his head
[11:01] {Les} wow nice dt
[11:01] {Les} on aig
[11:04] {Les} just ordered a desktop box. Letting the kids watch tv after 5 year hiatus. think the connectivity kinks are ironed out now
[11:06] {thomcbell} spwr looks vulnerable
01[11:08] {@Threei}  TZA baby
01[11:08] {@Threei}  1:4
[11:08] {Les} lets see if spy firms up on retest of support here
01[11:08] {@Threei}  happily out
[11:08] {Les} nice one
01[11:08] {@Threei}  may have more in it but easy money is made
[11:08] {dptl} out too...ty :)
[11:08] {Les} yeh post 11am
01[11:09] {@Threei}  and out of two words, "work" and "hard" I equally hate both
[11:09] {Phil} th Vad, nicely held
01[11:09] {@Threei}  :)
[11:10] {dino} still destroying tech
[11:13] {Les} vxx vwap test here
01[11:14] {@Threei}  1:5
[11:14] {Les} and testing the morning high
[11:15] {Les} spy
[11:15] {Les} sorry
01[11:16] {@Threei}  1:6... mama :)
01[11:16] {@Threei}  look at our entry on intraday chart
[11:16] {dptl} charts look like its on viagra  now...lol tza
[11:16] {nemo} unless you're looking at tna
01[11:16] {@Threei}  precision of an archer schooled by nemo who stayed sober for a week
01[11:17] {@Threei}  (which we all know happens about never)
[11:17] {Les} yeh outside the 15 min bb bands. woulda been nice to double down on the entry
[11:17] {nemo} sober for a week...perish the thought
[11:17] {dptl} lol
[11:17] {nemo} book night tonight ;-)
[11:21] {dino} 07 scrolling red
[11:23] {dptl} do you like sbux short Vad?
01[11:24] {@Threei}  here, not sure
01[11:24] {@Threei}  btw, look at WY
01[11:24] {@Threei}  useless
[11:24] {dptl} ye looking...just staying there
[11:25] {goinshort} morning all !
01[11:25] {@Threei}  gs :)
[11:29] {nemo} index bounces
[11:30] {nemo} maybe vwap
[11:35] {Les} ty nemo
[11:35] {Les} and ty dino
[11:35] {Les} finally waited for a frikin higher low to form
[11:37] {dino} :)
[11:37] {nemo} finnies tested lows, which were near the Monthly S1, SPY tsted pivot, which was near price support and the pivot,   IWM tested just below the S1, which was just above the 200 day...confluence
[11:38] {nemo} across markets
[11:38] {Les} is confluence contagious?
[11:38] {nemo} you have to have a brain to catch it, don't worry
[11:38] {Les} lol touché
[11:43] {Les} scalp only. back after lunch
[11:57] {thomcbell} fb at bottom of gap
[11:58] {dino} showing 53.75
[11:59] {thomcbell} i see 54.93
[12:00] {thomcbell} on FB
01[12:01] {@Threei}  FB ,looks ready
01[12:01] {@Threei}  bottoming out
01[12:03] {@Threei}  .20 break, half lot
01[12:03] {@Threei}  stop .05
01[12:04] {@Threei}  only if you have adrenalin deficiency
01[12:05] {@Threei}  nah
[12:05] {dptl} i decided to let it be...to jumpy for me
[12:05] {thomcbell} now getting emotional
[12:05] {thomcbell} which i like
01[12:08] {@Threei}  dp... that, and why not stay in profit protection mode
[12:08] {dptl} yes and that too :)
[12:14] {dino} not seeing the fb gap you are seeing, my charts showing 53.62 to fill it
[12:16] {thomcbell} jan 29th
[12:16] {thomcbell} high was 54.93
[12:18] {dino} ok, high, but closed 53.62, thats the gap
[12:18] {dino} no matter
[12:20] {dino} mnk spike
[12:21] {dino} wow
01[12:25] {@Threei}  Merck & Co Inc Reckitt confirms its in discussions to acquire the company's consumer health business- RB confirms that it is in discussions with Merck regarding an offer for its consumer health business
[12:39] {dptl} c .70 long?
01[12:40] {@Threei}  not sure
[12:41] {dptl} k
01[12:43] {@Threei}  changin my answer to no {G}
[12:44] {dptl} :) yes dont like now too
[12:46] {dino} panw sm l .40 ave
[12:58] {dptl} do you like dal short , Vad?
01[12:59] {@Threei}  yes, but let's do half lot
[13:00] {dptl} oh got in finaly
01[13:01] {@Threei}  on bounce?
[13:01] {dptl} ye
[13:02] {dptl} missed first and then got it
[13:03] {dptl} out half
[13:05] {dino} panw stop
[13:06] {goinshort} little scalp on DAL -thanks guys!
[13:06] {dino} gj
01[13:06] {@Threei}  :)
[13:07] {dptl} more out ty
[13:09] {nemo} bonce time
01[13:09] {@Threei}  nice clean play
[13:09] {dino} the naz is hitting about an 80 point range today, 2%
[13:09] {dptl} wait let me close dal at .50 :)
[13:17] {dptl} all out ty
[13:18] {Alexs} good spot dp
[13:18] {dptl} ty :)
01[13:18] {@Threei}  dp can find a pearl in the pile of fertizier.. just gotta keep him inactive in 8 out of 10 of his finds
[13:19] {dptl} lol...
[13:22] {dptl} it must be going for the gap fill from few days ago
01[13:22] {@Threei}  it just slides with SPY, IMO
[13:23] {dptl} yes and that helpes
01[13:27] {@Threei}  bottoming process it seems
01[13:27] {@Threei}  wathcing for pullback and db
01[13:27] {@Threei} Long Setup:  DAL  .30 break hl
[13:28] {dptl} oh..missed
01[13:28] {@Threei}  1:1
[13:28] {dptl} nice :)
01[13:29] {@Threei}  I decided not to insult anyone's intelligence by menntioning stop level
01[13:29] {@Threei}  (how's that for an excuse for laziness?)
[13:29] {dptl} lol
[13:30] {Les} take it on poullback to db?
01[13:30] {@Threei}  not sure... generally, after 1:1 I wouldn't
01[13:30] {@Threei}  but let's watch it
[13:35] {Les} got iwm
[13:35] {Les} long
[13:35] {Les} higher low
[13:42] {Les} 1:3 want more
[13:43] {Les} pivot 110
[13:50] {Les} done +.44. too early on SPY bottom so IWM makes it back and a bit more
01[13:52] {@Threei}  wtg
[13:53] {Les} ty. focusing on what dino said
[13:53] {Les} clear reversal signal, preferably higher low
[13:54] {thomcbell} what did dino say?
01[13:54] {@Threei}  what did dino say? except "golf time!!" of course
01[13:54] {@Threei}  thom :)
[13:55] {Les} Nemo's advice of course everpresent. no game in middle ground. IWM .50, spy needed .00 and db fas .25 to make the turn around
[13:58] {dino} lol
[14:21] {dptl} sbux .30 long?
[14:22] {dptl} bit to late
[14:23] {thomcbell} godspeed all - have to check out early
01[14:24] {@Threei}  take care thom
01[14:36] {@Threei}  eod move is likely to be down
01[14:36] {@Threei}  probably a bit too early for that though
[14:37] {dptl} vxx tza screens are on :)
[14:42] {Les} sm vxx long here
[14:42] {Les} holding  the low
[14:47] {Les} indexes want vwap
[15:09] {Les} ok heres vwap for the indexes
01[15:11] {@Threei}  watchin TZA closely
01[15:11] {@Threei}  one more leg down probably
01[15:13] {@Threei} Long Setup:  TZA  .65 break
01[15:13] {@Threei}  If holds  .60
[15:15] {dptl} valid ?
01[15:15] {@Threei}  change to .60 break
01[15:15] {@Threei}  If holds  .55
[15:16] {dptl} in
01[15:18] {@Threei}  meh
[15:18] {dptl} out
[15:20] {Les} hmm did TZA just dt in the daily...
[15:20] {dino} what a swing on the naz 96 pts range to positive
[15:21] {dino} btfd
[15:21] {Les} 2 long tails IWM holding the 200 day...
[15:21] {Les} yeh still
01[15:33] {@Threei} Long Setup:  TZA  .50 break
01[15:33] {@Threei}  If holds  .40
01[15:36] {@Threei}  .l vxx 41 break hl
01[15:36] {@Threei} Long Setup:  VXX  41 break hl
01[15:36] {@Threei}  If holds  .90
[15:38] {nemo} look at the spy candle on the daily
[15:43] {nemo} Ukraine Kumbaya news
01[15:43] {@Threei}  ?
[15:44] {nemo} some troops supposedly pulled back from the border, and nice nice comments from the Russian Defense minister to the US Secretary of Defense
01[15:44] {@Threei}  lol
01[15:45] {@Threei}  they still don't get it
[15:45] {dptl} in tza
[15:47] {nemo} http://t.co/4A0IEkLvmQ
[15:47] {nemo} DAX should gain big tomorrow
01[15:47] {@Threei}  half out
01[15:47] {@Threei}  time's pressing
[15:48] {dptl} oops...ye you right...lol
[15:48] {dptl} out some
[15:52] {dptl} ok i am out ty...to close
01[15:52] {@Threei}  yw
[15:52] {dptl} see ya tomorrow all
01[15:52] {@Threei}  thank you all
01[15:52] {@Threei}  have a great evening
01[15:52] {@Threei}  see you tomrrow
[15:52] {Alexs} gn all
[15:52] {goinshort} thanks V !
01[15:53] {@Threei}  :)
[15:53] {Phil} Thanks Vad, cya guys
[15:55] {_troub} I'm learning and enjoying.  Thanks Vad and room
01[15:55] {@Threei}  take care troub :)
[15:56] {dptl} oh s..
[15:57] {dptl} forgot to cancel now short tza...lol
[15:57] {dptl} man...got filled my ofeer .61
[15:58] {dptl} out .63.....thats what i miss about laser is auto cancel feature