[06:09 am] Ed : good morning
[06:18 am] Ed
: SWHC is smith & wesson better know
as “my little friend”
[06:18 am] Ed : For
Advanced traders monitor SWHC for continued
weakness
[06:25 am] Ed : Press conference
by house Repubs will be held at
10est
[06:31 am] Mitch K: monitoring GS
for trades today
[06:31 am] Mitch K:
watching CHL for top
[06:32 am] Mitch K:
watching bottom for RGR
[06:32 am] Mitch
K: watching HRC for bottom
[06:32 am]
Mitch K: watching LTD for bottom
[06:33
am] Mitch K: watching AAPL for bottom, take
time
[06:33 am] Mitch K: watching SWHC for
bottom
[06:34 am] Mitch K: monitoring GPOR
for trades
[06:34 am] Mitch K: watching
TRMB for bottom
[06:35 am] Mitch K:
watching ARUN for short soon, top
soon
[06:35 am] Mitch K: watching SHLD for
top
[06:35 am] Mitch K: watching TRMB
closer
[06:36 am] Mitch K: watching CRZO
for top
[06:36 am] Mitch K: watchign CCE
for top
[06:36 am] Mitch K: monitoring
CTRP
[06:36 am] Mitch K: monitoring
FFIV
[06:37 am] Mitch K: watching FDS for
short on top of bounce, soon
[06:37 am]
Mitch K: TRMB bottoming
[06:38 am] Mitch
K: watching GMCR for short, usually good
trading stock, esp on short side
[06:39
am] Mitch K: or rather, watch SWK for
top
[06:39 am] Mitch K: SWK
toppy
[06:39 am] Mitch K: watching HRC
closely to sell long, not in hurry to short
it
[06:40 am] Mitch K: watching BHI for
top
[06:42 am] Mitch K: BHI
toppy
[06:42 am] Mitch K: watching DFS for
bottom
[06:42 am] Mitch K:
monitoring CAM, ENDP, ALLT
[06:43
am] Mitch K: watching FOSL for top
[06:44
am] Mitch K: market is sensing a deal, lot of
larger cap stocks moving up
[06:44 am]
Mitch K: watching CMI for
microshort
[06:46 am] Mitch K: watching
GILD for bottom to buy
[06:46 am] Mitch K:
watching GPOR for gradual selling of long,
monitoring for top to short, smaller
short
[06:46 am] Mitch K: watching ABMD
for bottom to buy, more downside first,
missed short
[06:47 am] Mitch K:
monitoring APKT
[06:48 am] Mitch K:
bottoming now
[06:48 am] Mitch K: watching
AMGN for bottom
[06:49 am] Mitch K:
watching CVLT
[06:49 am] Mitch K: remember
gun manufacturers down alot last 3 trading
days since shooting, big elementary
school
[06:49 am] Mitch K: more upside on
RGR
[06:50 am] Mitch K: watching DISH for
bottom, taking time
[06:50 am] Mitch K:
watching IPGP for top
[06:51 am] Mitch K:
TRMB should act like trending stock up, slow
grind up
[06:51 am] Mitch K: remind me to
show you something today at 9am pacific,
etrade platform
[06:52 am] Mitch K:
managers decided to turn on computer trading
programs today, kept them asleep
yesterday
[06:52 am] Mitch K: watching SHW
for bottom
[06:54 am] Mitch K: monitoring
PM, not sure how much this stock bounces,
dont watch it as a trading stock so not
sure
[06:55 am] Mitch K: BHI toppy,
consider selling if long, watching for some
micro trades short, series of
shorts
[06:55 am] Mitch K: watching AVGO
for bottom closer
[06:56 am] Mitch K:
consider reducing RGR soon
[06:56 am]
Mitch K: watching AMGN closer
[06:57 am]
Mitch K: consider selling HRC
[06:57 am]
Mitch K: monitoring STLD
[06:57 am] Mitch
K: not enough vol on CHL for my
taste
[06:59 am] Mitch K: more downside on
VNDA, watching for trades
[07:01 am] Mitch
K: missed SAFM bottom, watching it all
morning but watch for a top to
short
[07:03 am] Mitch K: on this drop
with CL, if you buy long, keep the first buy
a small profit target, maybe 7-10 ticks, and
subsequent buy signals can be bigger after
this drop
[07:04 am] Mitch K: nice run on
NG, natural gas
[07:04 am] Mitch K: just
dont have expectation that big bounce is in
order on CL, lot of small bounces then
fails
[07:05 am] Mitch K: GPOR should give
some short profits
[07:05 am] Mitch K:
GPOR toppy
[07:05 am] Mitch K: monitoring
LIFE for bottom
[07:06 am] Mitch K:
watching TRMB to reduce long
[07:09 am]
Mitch K: sell signal on NG, Natural Gas on 4
range chart
[07:11 am] Mitch K: watching
HNZ for bottom (Ketchup company)
[07:13
am] Mitch K: see stocks spiking
[07:14 am]
Mitch K: watching NFLX for trades, next one a
short, take time
[07:15 am] Mitch K: let
LIFE run before selling
[07:15 am] Mitch
K: SPY high of day
[07:21 am] Mitch K: HNZ
bottoming
[07:21 am] Mitch K: SI, SIlver
trending down nicely last 35 min
[07:33
am] Mitch K: i wouldnt expect a lot higher on
this CL 01-13 run
[07:34 am] Mitch K: Joey
liking the ES on LIghtning? i think
that is really good instrument for LIghtning,
trends well for big enough moves
[07:34
am] Ed : SPY new hod
[07:38 am] Mitch K:
real steady buying after WHite house made
concession to Boehner about an hour
ago
[07:41 am] Mitch K: CL has sell signal
on a 4 range (4r) chart but that is a shorter
time interval
[07:42 am] Mitch K: thats
late post by 5 candles, lol, never sent that
message
[07:43 am] Mitch K: more downside
on NG
[07:47 am] Ed : SPY pushing
higher
[07:48 am] Ed : monitoring
WHR
[07:53 am] Mitch K: that was nice
trade ons hort side
[07:53 am] Mitch K:
buy signal on NG 4 range chart,
[07:56 am]
Mitch K: good job Ed on WHirlpool. is
that your brand of washing machines
[08:04
am] Mitch K: looking for sell signal in NG
01-13 to be decent short
[08:06 am] Ed :
monitoring LO for potential bounce
[08:10
am] Mitch K: i think we should give Ed a new
name. Whirlpool
[08:11 am] Mitch K:
last comment was referring to SWHC
[08:11
am] Mitch K: thats a real negative chart
pattern for a long, is excellent for a short,
you long Jollif?
[08:13 am] Mitch K: not
enough profit potential for me
jolli
[08:13 am] Mitch K: anyone following
that NG Futures chart NG 01-13? at
least worth sim trading
[08:15 am] Ed :
SPY new hod
[08:15 am] Mitch K: cowboyh,
check your expiration month,
[08:15 am]
Mitch K: my reasoning for anticipating a good
sell signal when i mentioned that earlier as
it was rebounding was the previous drop was
around 30 ticks and bounces have been real
small so i like to be on the side of
strength, make sense?
[08:15 am] Mitch K:
im looking at NG 01-13
[08:16 am] Mitch K:
cowboy, go to Control Center, Tools,
Instrument manager, type in NG and click
Search, highlight NG Natural Gas
Futures
[08:17 am] Mitch K: go down lower
and see EXchange says Nymex, the box where it
says Expiry, dropdown menu to 01-13, click
arrow pointing left o add to your favorites
or default list
[08:17 am] Mitch K: remove
NG 12-12 by highlighting in default list,
click arrow pointing right,
[08:18 am]
Mitch K: i like to add a couple other months
as well to same instrument that i trade a
lot. Add 02-13, 03-13 as well
[08:20
am] Ed : placing stop last 1/4 @
breakeven
[08:20 am] Ed : Im reducing 3/4
of Lo long
[08:21 am] Mitch K: yeah
lisa
[08:24 am] Mitch K: monitoring RGLD
drop
[08:25 am] Mitch K: you are funny
scaklpman, WHR just started dropping, no
signal to cover, best to let bigger move
occur, hand off mouse, lol
[08:26 am]
Mitch K: ok you guys on that NG 01-13 trade,
you see the No Trading Zone in yellow in last
3 candles?
[08:26 am] Mitch K: most
stocks, esp something like WHR, takes a long
time to move
[08:27 am] Mitch K: its ok to
just hold the short, dont have to do anything
special, it is just a headsup that probably
not great time to open new position but ok to
hold what you have and in futures, always
with stops in plkace
[08:28 am] Mitch K:
its a calculation of really low volume and
volatility at that moment and big trending
moves typically not imminent but news can
always change that
[08:30 am] Ed : If u
took SWHC short would cover here
[08:43
am] Mitch K: which in futures trading, thats
all you need, we arent long term traders in
futures, average hold time might be less than
15 min per trade, on really active days with
CL could be 5 min
[08:43 am] Mitch K: NG
01-13 repeated same pattern, tiny rebound,
bigger drop, expecting this to continue and
when you see a bigger tradable bounce, that
should give you a clue that a rebound or
trend change is more likely and you start
watching for higher highs than last rebound
and smaller pullbacks. that defines a
trend change at the early stages
[08:45
am] Mitch K: which month joey?
[08:51 am]
Mitch K: hey joey, on that PL going into the
NTZ (No trading zone), that chop right?
i see that often
[08:53 am] Mitch K: my
guess is NG is going to go into chop zone,
and more yellow will appear.
[08:53 am]
Mitch K: same pattern on this NG, trending
down, bounces are not tradable long but
shorts are the side to be on
[08:54 am]
Mitch K: nice Murano, where have you
been? FDS interesting
[08:56 am]
Mitch K: making money is fun but working with
good people super fun
[08:56 am] Mitch K:
yeah i agree, this room getting really
efficient, i was just thinking that last few
days, really makes it fun
[08:58 am] Mitch
K: ive been in a lot of rooms over the years
and most can be very egotistical, a little
negative, too many distractions. so i
wanted to avoid all that
[08:58 am] Ed :
out all LO long
[08:59 am] Mitch K: hey
scalpman, did you short WHR again?
[09:00
am] Mitch K: right joey, i just figured out
that etrade platform is on another platform
but i load on this computer now, just a
min
[09:01 am] Mitch K: yeah scalkp, thats
the way to use Lightning i think. use
same tools you have been doing, just use
audio for Lightning signals, look at chart,
make decision your existing way. and
gradually you integrate Lightning more.
thats what i did
[09:02 am] Mitch K:
remember try to not overtrade with lightning,
use it to stretch out the hold time if stock
or futures is moving
[09:04 am] Mitch K:
ill be right there, just a 1 min
[09:05
am] Ed : Nice call murano on FDS
[09:05
am] Mitch K: you mean about yourself
joey?
[09:05 am] Mitch K: this is kind of
cool tool but im sort of sick
[09:07 am]
Mitch K: btw, you can get HP or Dell 30″
monitors, also very nice too
[09:07 am]
Mitch K: ok this is sort of big so you will
have to use your scroll bar on bottom and
right side or i think you can drag it
around in this projector. i sized this
down because i use it on a 30″ Apple
monitor
[09:08 am] Mitch K: this is one of
my kids accounts has $1388 bucks in it but i
can access all the time. i dont trade
with it, just want it for the
charts
[09:08 am] Mitch K: ok what i
wanted to show you here is you cna have lots
of charts up, many charts and you can monitor
them on this etrade platform.
[09:09 am]
Mitch K: so what i do is run scanner, put up
a chart, the i switch to screen 1 or 2, 3 or
4 on lower left of screen see
that?
[09:09 am] Mitch K: so one click to
Screen 1 and i have 9-10 charts ok?
[09:09
am] Mitch K: same with screen 2, 3, 4 and so
on
[09:10 am] Mitch K: so with each screen
i can have 18-20 charts X 4 screens
thats almost 80 charts, plus i like
high low ticker, let me show you
[09:10
am] Mitch K: but watch this, i didnt realize
this and discovered by accident that i had a
whole new screen to the right by moving this
etrade scroll bar at the bottom to the right
and i have another 9-10 charts
[09:11 am]
Mitch K: when you see repeated symbols on any
high low ticker or scanner, you should check
it by bring up the chart, especially in first
45 minutes of trading day
[09:11 am] Mitch
K: ok now see the high low ticker on
right?
[09:11 am] Mitch K: i grab scroll
bar at bottom, slide right
[09:12 am]
Mitch K: you will see the red New Lows column
on the left side of high low tick kicking out
more trades, more posts, it is moving faster
than the green ok
[09:12 am] Mitch K:
another professional trick, good to know type
of thing. lets say that we are having
in a particular morning a lot of selling
right?
[09:13 am] Mitch K: and you guys
know how i always say, or often say that you
want to time your bottoms with a drop in the
SPY or QQQ, which represents the market
indexes?
[09:14 am] Mitch K: so when you
see that red side kicking out symbols
much faster, you know stocks are dropping
more, more selling and it doesnt take much
analysis, its just a snapshot picture in your
mind, takes about one quick glance and you
know what is happening, you dont have to
stare or think about it
[09:16 am] Mitch
K: its really cool, i just glance, i
can almost see it on periphery
vision,
[09:16 am] Mitch K: so on those
days you are going along seeing red clicking
faster, keep a sp500 chart or SPY chart same
place everyday and you look for those
bottoms, and then what is interesting is you
will see a bottom in lots of stocks plus the
index chart you have up and now the green
column, which is new highs is moving at same
speed as red column. meaning now
the shift in selling moves toward
buying
[09:17 am] Mitch K: now this time
of day, sort of dead zone, ticker not moving
too much unless news or something like maybe
a federal reserve comment, maybe Obama
Boehner make some progress or agreement, war
breaksout, etc.
[09:18 am] Mitch K: since
this fits or i made it fit on one of my 30″
monitors, i dont have to scroll down but this
projector only allows a 24″ screen size so i
have to grab scroll bar on right and pull
down to see lower charts but you dont want to
do this, size it for your screen and not
require to move down, only move horizontal
bar left and right to get your extra set of
9-10 charts
[09:20 am] Mitch K: i saw the
shift in buying very early today, you
can see it happen with this ticker so i said
to myself to be on the long side
more. this is a 5 star tip, will
really help you make more money. plus
this allows lots of charts. but i dont
trade on this at all, too expensive
commissions and not great pricing on fills
plus very very low inventory to short
stocks. so trading on etrade is a No
Go.
[09:21 am] Mitch K: i just started
putting this on a different computer so i
dont use resources of this main computer that
i have the Trading Room, Ninja, bunch of
lihgnting charts, scanners on. i think
the etrade platform is a resource hog and we
all know Ninja Trade platform is a hog
too
[09:22 am] Mitch K: when i separated
this etrade platform to separate computer, i
didnt have any issues with Ninja but i was
having some memory problems with computer
because i use a MAc desktop on bootcamp but
problem is it uses a 32 bit Ninja version and
cant use all the memory i have so i ordered a
Dell box coming next week
[09:23 am] Mitch
K: so a real pc with windows will use 64 bit
ninja, more memory per application and should
be better
[09:24 am] Mitch K: hope that
all helps,
[09:24 am] Mitch K: everytime i
say watching XYZ stock closely . . . . it is
on a Lightning chart, I dont stare at the
etrade chart closely, the etrade chart is
more of a landing spot to stick up a lot of
charts
[09:24 am] Mitch K: i hope that
helps, ive been using Power etrade Pro charts
for a “glance” for at least 12 years.
but i look at Lightning for detail and
trading. So i use the etrade for a
chart pattern recognition purpose, then if i
like the chart, then enter it on a LIghtning
to watch closer.
[09:26 am] Mitch K: what
i think will help us all make more money,
consistently, is more useful tools, i
think trading has become even in the last
year more tilted toward the well prepared
traders
[09:27 am] Mitch K: i think the
unprepared retail trader, newer people are
going to have a harder time making money
without good tools, training,
preparation. There isn’t as much low
hanging fruit in the stock market now.
and i see a shift toward futures much more
pronounced now
[09:28 am] Mitch K: hope
that all makes sense.
[09:29 am] Mitch K:
i am using Interactive Brokers and also
Lightspeed but mostly IB through
Ninja
[09:30 am] Mitch K: PL is on the
move again
[09:31 am] Mitch K: out of that
NTZ with good long and good short so it is
cycling well now
[09:35 am] Mitch K:
hopefully this isnt an irresponsible
statement but if you ever want to make more
reliable consistent money in futures, ES
works relaly well in LIghtning. if you
are having trouble with more volatile
instruemnts and want to gain confidence,
trade the es
[09:36 am] Mitch K: the
backtesting shows this is far superior than a
min chart on futures but min chart is good
place to start and learn because it is slower
moving, fewer signals
[09:36 am] Mitch K:
i like 5 range setting, but you can
experiment around
[09:37 am] Mitch K: WHR
kicking out a lot of microtrades
[09:37
am] Mitch K: yes joey, ES you can go at
market and not have to “work your trade” with
limit orders
[09:38 am] Mitch K: the high
low ticker showing much more bullishness, new
highs column moving 3 times faster.
makes sense the Nasdaq is up 1.26% and SP 500
up 0.94%
[09:39 am] Mitch K: Ed,
S&P had Greece on selective default
rating
[09:40 am] Ed : SPY new
hod
[10:52 am] Ed : SPY trading in small
range
[11:08 am] Ed : WHR strength
attributed to positive data out of the
AHAM
[11:10 am] Ed : WHR strength
attributed to positive data out of the
AHAM
[11:31 am] Ed : nice drop in
SPY
[11:37 am] Ed : nice one reshef on
WHR
[12:21 pm] Mitch K: micro short on
GOLD
[12:55 pm] Mitch K: probably a bad
tick
[12:55 pm] Mitch K: you are losing it
Murano, getting slow in your old
age
[12:55 pm] Ed : SPY pushing
higher
[12:56 pm] Mitch K: murano, I
expect no longer delay than 25
milliseconds
[12:57 pm] Mitch K: i’d
rather you just post a chart on my LIghtning
without typing,
[12:58 pm] Ed : have a
great evening traders
[12:58 pm] Mitch K:
love you guys, take care, see you
tomorrow
[01:02 pm] Mitch K: hey murano,
you there?
[01:03 pm] Mitch K: there is a
technology that we can do that, if we have an
idea, electronically send idea and it can
open a chart on your platform, thats my
understanding
| [06:08 am] taco : good morning
gang
[06:09 am] joeytsa : Good
morning Ed, traders
[06:09 am]
joeytsa : housing market index @
7pdt, not much in the way of gappers so
far
[06:10 am] lisas : gm
all
[06:10 am] cowboyh : Goodmorning
Ed ……… everyone
[06:10 am]
lisas : futures pretty dead pre market
also
[06:12 am] joeytsa : yeah lisa,
NG on a decent run, thats about it
[06:12
am] qwert : good morning
everybody :))
[06:15 am] khall
: good morning all! Happy
Tuesday
[06:18 am] apple : good
morning to all strong traders
[06:18 am]
apple : gm khall
[06:18 am]
joeytsa : thx Ed
[06:18 am]
apple : gm qwert
[06:18 am]
apple : gm joey
[06:18 am]
apple : gm lisa
[06:18 am]
apple : gm cowboy
[06:19 am]
apple : gm E
[06:19 am] apple
: gm MK
[06:19 am] khall : ha ha
ed
[06:19 am] khall : gm
apple
[06:19 am] joeytsa : get the
feeling that we are goign to need a bit of
news to get things rolling this
week
[06:19 am] khall : yeah, you
might be right joey
[06:19 am] apple
: gm taco
[06:19 am] taco : hi
apple
[06:23 am] joeytsa : ES has
been trending down for over an hour
[06:23
am] Ed : u on the train joey
[06:23 am]
doji : Good morning
[06:23 am] Ed :
hey doji
[06:23 am] joeytsa : no,
will try to catch it at the next stop
🙂
[06:24 am] scalpman :
gm
[06:25 am] scalpman : Joey any
Gappers this morning?
[06:25 am]
joeytsa : not really scalp
[06:25
am] apple : gm scalp
[06:25 am]
khall : thanks Ed
[06:25 am]
skydiver : gm all . . will only here
for a little bit today — thnx Ed for
news
[06:25 am] khall : that should
move things
[06:25 am] apple : gm
sky
[06:25 am] scalpman : ok
thanks
[06:25 am] skydiver : gm
apple
[06:25 am] apple : thx
E
[06:26 am] qwert : gm
apple
[06:26 am] joeytsa : watching
AAPL gapping up a bit, GOOG down a
bit
[06:27 am] joeytsa : ARB up on
buyout, VNDA up on phase3, BHI down on
expectations
[06:28 am] doji : Apple
moving
[06:29 am] elisha : Good
Morning Mitch, Ed and everyone
[06:30 am]
apple : gm elisha
[06:30 am]
joeytsa : watchign AMZN
[06:30 am]
elisha : gm to you apple!
[06:31 am]
khall : gm elisha
[06:31 am]
khall : how are you?
[06:32 am]
doji : Watching BHI
[06:32 am]
joeytsa : HRC? low vol
[06:32
am] elisha : gm morning to you
too khall!
[06:33 am] doji :
AAPL
[06:33 am] elisha : rat
terrier-ing it still. Thanks for
asking. How are you?
[06:34 am]
khall : doing well thanks 🙂
[06:34
am] joeytsa : watching FFIV
[06:36
am] joeytsa : CCE
[06:37 am]
joeytsa : crude pullback to
R1
[06:38 am] doji : Dang… missed
APPL bottom … moved too fast
[06:39 am]
joeytsa : watching RCL
[06:39 am]
joeytsa : AMZN moving
[06:39 am]
mikewd2 -: YOKU moving nicely
[06:40 am]
joeytsa : good to see you mike, sent
you a fb message
[06:40 am] mikewd2 -:
leaving in a few, have to be there at
10am
[06:40 am] mikewd2 -: sucks not
having coffee – haha
[06:41 am] mikewd2 -:
RIG moving today
[06:41 am] joeytsa
: oh ok, keep me posted, best wishes
🙂
[06:41 am] mikewd2 -: ACMP
[06:41
am] mikewd2 -: will do joey, thanks
[06:41
am] joeytsa : tighten FFIV if
long
[06:42 am] joeytsa : ES testing
res
[06:42 am] joeytsa : eye on
FOSL
[06:43 am] joeytsa : nice call
Mitch on GPOR
[06:44 am] joeytsa :
just gave nice pop
[06:45 am]
joeytsa : BIDU
[06:47 am]
joeytsa : CL on 30c down move
[06:48
am] joeytsa : CVLT spike
[06:49 am]
joeytsa : STX
[06:51 am] doji
: BHI in a crazy move
[06:51 am]
joeytsa : BHI nice day
[06:51 am]
elisha : ok
[06:57 am] joeytsa
: housing mkt index up in 2min
[06:57 am]
doji : dang stopped BHI
[06:57 am]
doji : on the short side
[07:02 am]
joeytsa : GC/gold on a nice down move,
might signal buy soon
[07:02 am]
scalpman : Cover 1/2 IPGP S
[07:03
am] victor51 : gm all
[07:04 am]
joeytsa : agreed, sell signals givign
better moves
[07:04 am] joeytsa : so
far
[07:04 am] doji : GPOR
rocking
[07:05 am] elisha : gm
victor
[07:06 am] apple : gm
victor
[07:12 am] doji :
WFT
[07:13 am] shawn : NFLX possible
short
[07:13 am] doji : NFLX trying
to breakout
[07:14 am] joeytsa :
yeah, nice move past 10-15mins
[07:14 am]
joeytsa : missed clear dbl
bot
[07:14 am] shawn : You call it
MItch
[07:15 am] doji : Run NFLX
run
[07:16 am] joeytsa : GC another
lower high
[07:16 am] joeytsa :
boehner speaking
[07:16 am] skydiver
: well — have to run .. thnx Mitch for great
calls — 2 nice wins and one small
loss.
[07:17 am] skydiver : have
great day all 🙂
[07:17 am] Ed : c ya
sky
[07:17 am] joeytsa : bye
sky
[07:18 am] khall : have a good
one sky
[07:18 am] taco : c ya
sky
[07:18 am] qwert : bye
sky
[07:20 am] doji : NFLX just
beatiful… paying the loss from BH
short
[07:20 am] doji : out 1/2
NFLX
[07:20 am] joeytsa : nice one
doji
[07:21 am] doji : next target
hopefully 98.5
[07:21 am] apple : TS
froze up – have to shut down
[07:21 am]
doji : GPOR broke $40
[07:22 am]
joeytsa : ES might test 1430
here
[07:23 am] doji : all out
BFLX
[07:23 am] doji : Niced
$2.25/share profit….
[07:23 am]
doji : That;s all fellas…. se ya
later
[07:24 am] qwert : nice
Doji
[07:24 am] taco : nice
Doji
[07:24 am] joeytsa : nice
trading, enjoy your break 🙂
[07:24 am]
qwert : watching RIMM
[07:24 am]
doji : The $10c loss in BHI was covered
by the $2.15 profit with NFLX
[07:24 am]
joeytsa : and then some 🙂
[07:25
am] doji : Thanks Jeoy… see ya
later…
[07:26 am] apple : by doji
have fun
[07:28 am] apple :
something got screwed up with TS…
[07:30
am] joeytsa : apple: did you get it
fixed
[07:33 am] joeytsa : CL on
nice run
[07:34 am] joeytsa :
watching RAX
[07:34 am] joeytsa :
yeah, CL just broke thru R1, but might get
tired
[07:34 am] joeytsa : yeah
Mitch, making nice moves
[07:35 am]
lisas : what happened apple?
[07:35
am] scalpman : cover 3/4 GMCR
S
[07:35 am] shawn : Any Ideas on
NFLX guys?
[07:35 am] joeytsa : yep
shawn, waiting for next move up
[07:36 am]
shawn : Looks like to Me a
short
[07:37 am] joeytsa : should
pullback a bit
[07:37 am] joeytsa :
thats just not my style
[07:38 am]
joeytsa : ES has R1 at 1433, will watch
that price level
[07:40 am] joeytsa
: break time, make some $$ 🙂 nice
calls
[07:40 am] elisha : is that a
right to work break or a union
breat?
[07:40 am] scalpman : All out
GMCR S
[07:40 am] elisha : breat =
break
[07:47 am] scalpman : NBR
rising
[07:51 am] scalpman : ED What
area WHR?
[07:51 am] scalpman :
WHR?
[07:51 am] scalpman :
99?
[07:53 am] scalpman : WHR Buy on
1 minute
[07:53 am] Ed : may not get it
though
[07:54 am] scalpman : Buy on
the 2 min
[07:55 am] scalpman : sell
1/2 WHR L
[07:56 am] Ed : yes
[07:57
am] scalpman : Sel another 1/4 WHR
L
[07:57 am] scalpman : Staying
calm…
[07:58 am] Ed : nice trading
scalp
[07:58 am] scalpman : no sell
on Lightning yet
[07:59 am] scalpman
: Thanks ed for the calll…It looked goo to
me
[07:59 am] scalpman : All out
WHWR L
[07:59 am] scalpman :
WHR
[08:00 am] scalpman : ah
…should have trusted Lightning on this
one…
[08:01 am] scalpman : Watch
WHR for Short
[08:01 am] Ed : u owe me a
washer
[08:01 am] scalpman :
ha
[08:01 am] qwert :
hahaha
[08:02 am] scalpman : Mitch
any comment on the Lightning 1 minute…this
one seems classic!
[08:04 am]
joeytsa : PANW bit of a pullback to
$53
[08:08 am] shawn : LO looks like
a buy
[08:09 am] reshef : Hi Mitch,
Can you open my mail, I have trading
problems
[08:10 am] scalpman : WHR
Sell signal
[08:10 am] jolliffboy :
Anybody got a guess as to bottom for
SWHC?
[08:10 am] scalpman : 1
min
[08:11 am] Ed : very weak stock
joliffboy, its been short the highs type of
day
[08:11 am] joeytsa : no clue
jollif
[08:11 am] jolliffboy :
thanks ed, joeysta.
[08:12 am]
scalpman : LO moviing
[08:13 am]
jolliffboy : Mitch, not long but was
considering it at 7.70. Guess I’ll pass on
it. Thanks for the advice.
[08:13 am]
khall : yes Mitch, I am
[08:13 am]
qwert : im trading it Mitch
[08:14
am] joeytsa : ES/CL in nice trends also
Mitch
[08:14 am] regatta : im
following NG on 1 min chart
[08:14 am]
regatta : in sim
[08:14 am]
cowboyh : Hey anyone what would cause
my NG chart to not be live? everything else
works
[08:15 am] qwert : for sure
Mitch
[08:15 am] cowboyh : thats
what i have
[08:15 am] taco : same
here cowboy
[08:15 am] taco : i get
metals, es but not ng live
[08:16 am]
taco : think has to do with
subscription
[08:16 am] cowboyh :
ok
[08:17 am] qwert : Monitoring
TRIP
[08:18 am] joeytsa : ES might
get to 1440 at this rate
[08:18 am]
reshef : Ed, All the stockes cen be
trade under Nasdaq in Ninja System?
[08:18
am] shawn : You in LO ED?
[08:19 am]
cowboyh : Ok Its in there I had checked
that before
[08:19 am] joeytsa :
PL/platinum nice run
[08:19 am] Ed :
reshef are u asking if u can trade through
ninja?
[08:20 am] lisas : taking a
break, be back to Mitch’s info at 12:00 est,
right?
[08:20 am] joeytsa : enjoy
lisa
[08:21 am] Ed : yes shawn
[08:21
am] Ed : I took some off to bank profit, dont
like how its trading
[08:23 am]
scalpman : SEll 1/2 LO
[08:23 am] Ed
: that way it works out great, if not fine
also, I banked some $$
[08:23 am]
reshef : I try to trade with Ninja, but
was rejected by interactive Brokers, they say
that I have to mark each of the instrument
under market, I don’t know if I can mark all
of the instrument under Nasdaq, or I have to
select them where they belong
[08:23 am]
joeytsa : PL nice short
[08:23 am]
Ed : Not sure on that since I dont trade
through ninja
[08:23 am] joeytsa :
TF/russell emine nice upmove
[08:24 am] Ed
: Im sure someone else in room can help that
uses IB with Ninja
[08:24 am] reshef
: Thanks Ed
[08:24 am] Ed : hey qwert, u
see reshef question
[08:25 am] qwert
: yeah but dont use IB either
[08:25 am]
scalpman : Cover 1/2 WHR S
[08:25
am] khall : reshef, are you talking
about adding the instruments to the default
list?
[08:25 am] Ed : anyone else use IB
and ninja?
[08:25 am] khall : I
do
[08:25 am] Ed : so qwert, I thought u
did
[08:25 am] scalpman : Nice drop
on WHR …always wait a little
longer.
[08:25 am] regatta : anybody
know how to manually place stop in static
super dom for futures
[08:26 am]
qwert : only using ninja for futures
with AMP still using lightspeed to
trade stocks
[08:26 am] scalpman :
cover 1/4 on WHR S
[08:26 am] khall
: yes
[08:26 am] qwert :
yes
[08:27 am] taco : i use them but
dont remember what i did
[08:27 am]
doji : Gold dropping
[08:27 am]
khall : got it
[08:27 am] Ed : ?
61:30?
61:30www.youtube.com/watch?v=tuPPU-lax_k
[
08:27 am] qwert : thx mitch
[08:27
am] Ed : thats for you regatta
[08:27 am]
regatta : tks
[08:27 am]
joeytsa : regatta: i dont use the dom,
but i think you just put in under teh
sell??
[08:28 am] joeytsa : thx
Mitch
[08:30 am] scalpman : Sell 1/4
LO L
[08:30 am] Ed : hey Joliff u see how
that worked out with selling highs of SWHC,
meaning when it bounces near trendline and u
get short signal
[08:31 am] Ed : Its more
of adnvaced technique, but one that can be
learned with study
[08:31 am] shawn
: does CRM look like a short ED
[08:32 am]
scalpman : All out WHR S
[08:32 am]
Ed : dont really like that as short
shawn
[08:33 am] Ed : in uptrend on daily,
small reange today for 170 stock
[08:34
am] shawn : thank you
[08:34 am]
scalpman : Trailing up LO L
[08:34
am] Ed : ur welcome
[08:34 am] Ed : man
cant wait for scalp to send me my
washer
[08:34 am] scalpman : All out
LO L
[08:35 am] scalpman : Thank
ED…great calls…
[08:35 am] Ed : hey
shawn, this does not mean that it will not
give short signal, just all about the
odds
[08:36 am] Ed : Hey jolffboy, u see
moy comment
[08:36 am] joeytsa :
real nice 5pt move on the PL
[08:37 am]
joeytsa : PL= $50/pt per
contract
[08:39 am] jolliffboy : Ed:
yes I did see your comment. Thanks.
[08:39
am] joeytsa : scalp: you still
here?
[08:40 am] apple : back, had
to do a system restore plus i had to recreate
the desktops
[08:41 am] scalpman :
yes
[08:41 am] joeytsa : loved your
arranging videos, was thinking of
you..listenting to Take 6 Christmas stuff now
🙂
[08:42 am] joeytsa : great short
on PL just now..making great swings
[08:42
am] scalpman : Thanks Joey…I was
practicing with my Screen Capture…and
thought I would do some videos. Glad you
liked them.
[08:43 am] joeytsa :
Finale is a great program
[08:43 am]
scalpman : Yes it is.. I am a user
since 1995
[08:44 am] joeytsa : once
i lay more stuff down, my next step is some
notation software
[08:44 am] joeytsa
: Mitch: check on PL..just got choppy, but
nice swings so far
[08:45 am]
joeytsa : im using 1-13 on the 5R
chart
[08:45 am] joeytsa : something
happened past 5 minutes, but nice moves
previously
[08:46 am] scalpman :
With lightning today I did not open a chart
until I put on a position. When the position
was on then I opned the L-Chart to 1 minute.
This gives early “watch signal”…I may then
switch to 2 minute or leave it on 1 minute
for monitoring. I also have a small TS
chart so I can just watch it. I realize I
need one more screen…that would
help.
[08:46 am] taco : cowboy, does
NG work for you?
[08:46 am] joeytsa
: nice scalp
[08:47 am] joeytsa :
AAPL hod
[08:47 am] scalpman : Today
I was practicing with small number of
shares
[08:47 am] Ed : I like ur approach
scalp
[08:47 am] joeytsa : also, if
you are watching the ES..keep eye on YM and
TF for moves
[08:49 am] apple :
scalp how many monitors do you have
[08:49
am] scalpman : Yes…100 for 1000…
10 for 100. I am preparing for live
actionat the start of the year.
[08:49 am]
scalpman : I can use postage stamp size
L-Charts.
[08:50 am] scalpman : When
you get a signal, you grab the corner of the
chart, open it quick, take look, make
deciision, close it back up. I have about 4
small charts, but realized I needed a bout
8.
[08:51 am] joeytsa : yes Mitch,
huge moves the hour before that
[08:51 am]
scalpman : I missed some stops today.
But I still trading a lot. I was 9 for 15…I
know that’s too many for now, and will cut
back over then next couple of weeks as I get
more judiicious.
[08:53 am] scalpman
: But, in this market with the narrow range,
I was take 40 and 60 profits, and they begin
to add up…
[08:53 am] murano :
FDS
[08:53 am] scalpman : All out of
SWHC L..for $8 ($80 with full
position)
[08:55 am] murano : The
people in this room are getting very good at
spotting patterns. They post most of
them before I do.
[08:55 am] Ed : just
makes room stronger and stronger
[08:55
am] joeytsa : agreed
[08:56 am]
murano : Yes
[08:56 am] apple
: all working to help one another
[08:57
am] joeytsa : yeah, members all looking
at different things, gives more
possibilities
[08:57 am] scalpman :
Cover 1/2 STLD S
[08:58 am] joeytsa
: scalp: are you looking for setups first,
then a lightning signal?
[08:58 am] Ed :
that was torutre
[08:58 am] scalpman
: Yes Joey, traditional trade methods, the
L-Charts for confirmation and
exits.
[08:58 am] Ed : hmmm, Im going back
to school
[08:58 am] Ed : for
typing
[08:59 am] joeytsa :
gotya..good to know
[08:59 am]
joeytsa : Ed: Mavis Beacon 🙂
[08:59
am] Ed : 🙂
[09:00 am] joeytsa :
Mitch: dont forget about the etrade thing you
were going to mention
[09:00 am]
joeytsa : just didnt want you to forget
your thought 🙂
[09:00 am] scalpman
: CMI trending down…But it is time to
go…this has been the most productive day in
learning to use Lightening with TSl.
Actually, I am listenfor the signals, but
watching my TS charts mostly. Using Vol and
STochs
[09:01 am] joeytsa : audio
signals are great though
[09:01 am]
scalpman : FOSL may break
[09:02 am]
scalpman : Yes Mitch WHR short for a
small profit
[09:03 am] scalpman :
Yes…for others…I may post a directory
with a small video on my set up. Practicing
with my screen capture. It may prove
fun.
[09:03 am] lisas : Mitch, were
you going to go over something with etrade,
or did I miss it?
[09:03 am] joeytsa
: sounds great scalp
[09:04 am]
qwert : yeah do it scalp
[09:04 am]
joeytsa : you missed it lisa..just
kidding haha
[09:04 am] lisas : ha
ha joey joey
[09:04 am] scalpman :
I’m off thanks Ed and Mitch great calls. See
you joey….
[09:04 am] qwert : bye
scalp
[09:05 am] joeytsa : bye
scalp, talk soon
[09:05 am] joeytsa
: i said that to my wife the other
night hahah
[09:05 am]
scalpman : Missed FDS short…oh well,
tomorrow.
[09:05 am] scalpman : Bye
Qwert
[09:05 am] joeytsa :
🙂
[09:05 am] Ed : c ya scalp
[09:05
am] joeytsa : FDS real nice
[09:05
am] scalpman : Scalpman has left the
building!
[09:07 am] joeytsa :
GC/gold on nice run, coming into some res
though
[09:07 am] joeytsa : GC=
$100/pt per contract
[09:09 am]
joeytsa : makes sense
[09:11 am]
joeytsa : great tool
[09:11 am]
elisha : wow
[09:13 am]
cowboyh : Does Ninja have
this?
[09:13 am] qwert :
yes
[09:13 am] elisha :
yes
[09:14 am] cowboyh : thanks
Qwert
[09:14 am] qwert : sorry
cowboy was answering Mitch
[09:16 am]
cowboyh : ok no problem
[09:20 am]
cowboyh : need to go to work by guys
have a great day
[09:21 am] joeytsa
: bye cowboy
[09:22 am] apple : have
fun cowboy
[09:22 am] apple : i have
etrade on a laptop
[09:22 am]
joeytsa : i keep CS and Opx on seperate
laptops also
[09:23 am] joeytsa :
and if its a good machine, the more you throw
at it, the more it will do
[09:24 am]
joeytsa : just like a person
[09:24
am] joeytsa : GC 5pt move
[09:25 am]
lisas : TS has a similar “screen XYZ
feature”, very handy
[09:25 am]
joeytsa : which one is that
lisa?
[09:25 am] lisas : It’s just
layering workspaces on your desk
top.
[09:26 am] joeytsa : oh ok,
gotya
[09:26 am] qwert : yes thx
mitch just added ticker to my etrade
scanner
[09:26 am] lisas : I’ve set
up “monitor” workspaces with about 9 charts,
then name them monitor a, b and c. Can have
unlimited open
[09:26 am] elisha :
Mitch, what platform do you actually execute
trades from?
[09:26 am] joeytsa :
qwert: do you have the ticker on
Lightspeed?
[09:26 am] lisas : I
have always loved Etrades platform
[09:26
am] qwert : yes i do joey
[09:26 am]
lisas : the way it looks, not their
commissions though
[09:27 am] apple
: yeah, lisa, i love the hi/lo
ticker
[09:27 am] joeytsa : AAPL
hod
[09:28 am] apple : AAPL closed
the gap from friday
[09:28 am]
joeytsa : sure does
[09:28 am]
elisha : Mitch, what platform do you
actually execute trades on?
[09:28 am]
apple : yes, thx MK
[09:29 am]
elisha : Thank you Mitch for the look
see
[09:29 am] qwert : monitoring
FSL
[09:30 am] lisas : Thanks Mitch!
Off to move furniture and then the airport to
pick up daughter, have a great day
all
[09:30 am] elisha : bye
lisas
[09:30 am] Ed : c ya lisa
[09:30
am] joeytsa : have a nice day lisa lisa
🙂
[09:30 am] khall : bye
lisa
[09:30 am] Mitch K: take care
lisa
[09:31 am] apple : bye lisa,
have fun
[09:31 am] Ed : wow S&P
upgrades Greece
[09:32 am] elisha :
payola
[09:33 am] joeytsa : that
last GC move came on dbl bot with pos
div
[09:34 am] joeytsa : threw off
5pts..decent money
[09:36 am]
joeytsa : ES very liquid also
[09:38
am] joeytsa : that ES 5R dbl bot gave a
real nice trade
[09:38 am] joeytsa :
approx 10pts, nice
[09:38 am]
joeytsa : ES ready to test
1440
[09:39 am] Ed : as long as u have
someone esles pocket book how can u go
broke
[09:40 am] joeytsa : huge run
since news
[09:41 am] qwert : which
contract are you trading on the ES
[09:41
am] joeytsa : 3-13
[09:41 am]
qwert : thx thats what i
thought
[09:42 am] joeytsa : i think
the indices are quarterly contracts, metals
monthly
[09:43 am] joeytsa : 1443
now on ES
[09:44 am] joeytsa : sad,
im not even looking at stocks
[09:46 am]
victor51 : Hey Joey, I see difference
between @ES on TS and cnbc? How do we
xplain
[09:46 am] joeytsa : not
sure, time delay maybe? not watching
cnbc though
[09:47 am] victor51 :
thanks Joey
[09:48 am] joeytsa :
honestly have never seen the ES on cnbc, i
will look
[09:48 am] joeytsa : i see
the s&p, not the ES
[09:49 am]
victor51 : Mitch, Is there any
differance in quality of Lightning signals on
Daily Vs 2 or 3 minute signals?
[09:51 am]
elisha : short day for me, destination
dentist. I wish you all good
trading
[09:52 am] joeytsa : have a
good day elisha
[09:53 am] victor51
: Bye Elisha
[09:55 am] victor51 :
Joey, SNP500 on cnbc is same as SPY or
not?
[09:56 am] joeytsa : yes, but a
bit different from the ES
[09:56 am]
joeytsa : ES is an emini
[09:57 am]
joeytsa : moves in 25c ticks, if you
look at cnbc you will see 1/100ths
[09:57
am] joeytsa : 1445.59 last i
looked
[09:57 am] joeytsa : ES is a
close approximation
[09:59 am] qwert
: AMZN new hod
[10:00 am] joeytsa :
qwert: AMZN nice moves past few
days
[10:01 am] qwert : i just
looked for first time couple minutes
ago real nice
[10:04 am]
joeytsa : it was at $220 beginning of
Nov
[10:04 am] joeytsa : with
Christmas, should have definately played it
as a swing
[10:05 am] qwert :
yep i missed it too
[10:05 am]
joeytsa : esp with that pullback to the
200 about then also..dumb dumb dumb
haha
[10:06 am] Ed : qwert was responsible
for letting us know
[10:06 am] doji
: Hi fellas…. back
[10:06 am]
joeytsa : good, im off the
hook
[10:06 am] qwert : sorry
okay
[10:06 am] doji : Why APPL run
when I am away?
[10:08 am] joeytsa :
GC still ticking lower, coming into some
support
[10:09 am] joeytsa : ES in a
tight range
[10:09 am] joeytsa : NG
trending down past 3hrs
[10:13 am]
joeytsa : GC finally gave buy signal
for short cover
[10:16 am] victor51
: Ed, Do you see any bdifferance in Lightning
signal effectiveness for Intermediate or long
term buy Vs day trading
[10:18 am] Ed :
what do you mean?
[10:22 am]
victor51 : use daily or weekly chart on
Lightening and use signals for
Intermediate period stock purchase( 3
to 6 month holding period
[10:22 am]
joeytsa : victor: i think Mitch
mentioned that daily signals were good
also
[10:23 am] Ed : If ur looking to hold
stock longterm 3 to 6 months, using 15min or
daily is good
[10:24 am] Ed : 15min will
get u in earlier naturally
[10:26 am]
victor51 : Thanks Ed /Joey for
reconfirming
[10:27 am] victor51 : I
am thinking of realigning my IRA portfolio
and use lightening signals along with some
fundamentals
[10:28 am] joeytsa :
makes sense
[10:28 am] joeytsa :
lunchtime, see you in 45..GC still trending
down
[10:28 am] apple : bye joey
have fn
[10:28 am] joeytsa : just
taking sell signals
[10:28 am] apple
: fun
[10:53 am] reshef :
NEM
[10:55 am] qwert : watching
CAB
[10:58 am] reshef :
CAB
[10:59 am] apple : WHR
[10:59
am] qwert : whr moving
[11:06 am]
doji : NFLX
[11:07 am] doji :
WHR 5igh at 52-week high at 103.5
[11:07
am] reshef : HAIN
[11:09 am]
joeytsa : was there any special news on
WHR today?
[11:10 am] joeytsa :
thanks Ed
[11:11 am] Ed : ur still the
man
[11:11 am] joeytsa : im just the
man sitting next to the man 🙂
[11:11 am]
Ed : next to the man
[11:11 am]
joeytsa : i have an Ed cardboard
cutout
[11:12 am] Ed : lol
[11:13 am]
joeytsa : did you catch that monster
long in gold
[11:13 am] Ed : missed
it
[11:14 am] joeytsa : i was on
break, i would have been looking for a short
but once it broke res would have taken it
long
[11:14 am] reshef :
FDX
[11:14 am] joeytsa : 1664.5
level was breakout
[11:14 am] Ed : i see
it now
[11:15 am] joeytsa : up until
then, the sell signals were the better
play
[11:15 am] Ed : agreed, the big
money
[11:16 am] joeytsa : have i
been here, that short around 10:40pdt would
have been a loss..but well made up for on the
ensuing long
[11:16 am] joeytsa :
had not have
[11:19 am] taco :
cowwboy, you here?
[11:19 am]
joeytsa : he left awhile ago
[11:19
am] taco : k thanks
[11:20 am]
taco : i had to update both ninja and
ib because there were new settings for
NG01-13
[11:21 am] taco : in case he
hadn’t got his working, there is a
cure
[11:21 am] joeytsa :
PL/platitum has given a couple of nice trades
once out of the tight trading range
[11:21
am] reshef : QCOR
[11:23 am]
joeytsa : NG had a nice higher
low
[11:24 am] joeytsa : some good
reading at equities.com also
[11:25 am]
joeytsa : i have a link for ken c’s
articles if anyone wants them..let me know or
email me
[11:26 am] taco : sure post
it if you can joey
[11:26 am] reshef
: ICON
[11:26 am] joeytsa :
http://editorial.equities.com/tag/ken-calhoun
/
[11:27 am] joeytsa :
http://editorial.equities.com/tag/ken-calhoun
/page/2/
[11:27 am] joeytsa : 2
seperate links
[11:27 am] taco :
ty
[11:27 am] joeytsa : ES sitting
on R2 support, waiting for buy
signal
[11:29 am] joeytsa : ES sell
signal under R2 now
[11:29 am]
joeytsa : thats 2 sell signals without
a buy signal in between
[11:31 am]
joeytsa : YM on 30t down move
[11:32
am] joeytsa : yeah Ed, lower high 15
minutes ago gave nice entry
[11:32 am] Ed
: missed the GC but was all over ES
[11:33
am] joeytsa : starting to really like
futures moreso than stocks
[11:33 am]
joeytsa : unless of course a stock
makes a crazy move
[11:34 am]
joeytsa : so harry reid is made at reps
for a plan B, but not upset at 0bama’s plan
that isnt balanced
[11:35 am]
joeytsa : Ed: are you watching any
other futures besides ES?
[11:36 am] Ed :
not too much today
[11:36 am] Ed : usually
I do
[11:36 am] Ed : GC SI
ES CL 6E 6J
[11:36 am]
joeytsa : i think the trickiest part is
finding the “best” chart timeframe to
use
[11:37 am] Ed : called work in
progress
[11:37 am] joeytsa : nice,
not using SI, much higher margins i
see
[11:38 am] joeytsa : i have the
others you have but not up on charts
fulltime
[11:38 am] Ed : its like 8k with
AMP
[11:38 am] joeytsa : $6480 for
me
[11:39 am] joeytsa : thats
intraday, $21,600 overnight
[11:39
am] Ed : 1500 for mini silfer
[11:39 am]
Ed : silfer=silver
[11:39 am] doji :
Is that per contract Ed?
[11:39 am]
joeytsa : YM is decent on shorter time
charts, TF seems like it needs a bit longer
term
[11:39 am] Ed : yes per
contract
[11:40 am] joeytsa : how is
the volume on the silver mini?
[11:40 am]
Ed : I think some places may be like 18k for
1 contract for day trading
[11:40 am]
joeytsa : i think Mitch mentioned that
once
[11:40 am] taco : QI? comex
mini silver?
[11:41 am] apple : nice
drop on WHR
[11:41 am] doji : I see
for /SI in TDA $15,300
[11:41 am]
taco : is that the symbol? you are
talking about. the mini silver?
[11:41 am]
doji : Initial Margin
requirement
[11:41 am] doji : no
silver futures Taco
[11:41 am] doji
: /SI
[11:41 am] joeytsa : SI is the
full contract
[11:42 am] taco :
whats the mini called?
[11:42 am]
joeytsa : i think QI is the emini..just
not sure if it has the vol i like
[11:42
am] Ed : YI is mini for me, Im with
AMP
[11:42 am] joeytsa :
yeah..the
[11:43 am] doji : The
minis for CL, GC and SI is lower compared to
the full contract as I see in my charts at
TDA
[11:43 am] joeytsa : “Y’s” are
the minis usually
[11:43 am] apple :
right doji
[11:43 am] joeytsa : QM
is emini crude
[11:43 am] doji :
right Joey
[11:44 am] joeytsa : but
stick with the ones that are more
liquid
[11:44 am] doji : I was
watching befgore the minis but the signals
are not as clear as the full
contract
[11:44 am] doji : execpt
for the /ES
[11:44 am] doji :
obviously
[11:44 am] joeytsa : i
like the minis for indices, full for
metals
[11:45 am] joeytsa :
ES,YM,TF,NQ indices for example
[11:45 am]
doji : I agree Joey
[11:46 am]
joeytsa : if you have the monitor
space, you can dedicate 1 each to
indices,metals,currencies
[11:46 am]
doji : My next year target is trading
futures…. 1 contract at the time…
hahaha
[11:46 am] Ed : u can do well with
just 1 contract doji
[11:46 am]
joeytsa : nothing wrong with 1
contract
[11:46 am] joeytsa : then
you pyramid it
[11:47 am] doji : The
good part with TDA is that you can have
deatched windows for FOREX, Futures and
Stocks
[11:47 am] joeytsa : 1
contract, once acct up 50%, go to 2 contracts
etc..just an idea
[11:47 am] doji :
and do not have to pay for the
datafeed
[11:48 am] apple : that
sounds like a good deal, doji
[11:49 am]
apple : got to run to pick up
robert. be back in a bit
[11:49 am]
joeytsa : be safe
[11:49 am] Ed : c
ya apple
[11:55 am] doji : FB on a
steady run since 10:30 ….
[12:09 pm]
doji : Anyone swing APPL? I missed my
chance yesterday
[12:10 pm] joeytsa
: not me doji
[12:10 pm] doji : Dang
it could have been a nice swing for
x-mas
[12:11 pm] joeytsa : not my
type of chart, but i can see how others see
it differently..plus it dependsd on that
person’s holdtime
[12:11 pm] doji :
My last week put/call strategy didn’t work…
I close both for a loss….
[12:12 pm]
joeytsa : market boost can help AAPL up
move, back to ma’s though
[12:12 pm]
joeytsa : maybe throw a few calls at
it??
[12:13 pm] doji : Not sure…
unless it breaks $550 with
volume….
[12:13 pm] joeytsa : or
trade it up to $550, then wait for next long
over
[12:14 pm] joeytsa : i honestly
havent been in “swing-mode” for a long time
though
[12:14 pm] joeytsa : need to
re-focus the mind over the next couple weeks
and be ready for january run
[12:16 pm]
joeytsa : victor: are you still
here?
[12:19 pm] reshef : G.night to
all
[12:20 pm] joeytsa : bye
reshef
[12:20 pm] Ed : c ya
reshef
[12:30 pm] victor51 : yes
joey
[12:30 pm] joeytsa : you
mentioned your IRA, is it a ROTH or
regular?
[12:30 pm] joeytsa : ROTH
grows tax-free at least
[12:31 pm]
victor51 : regular
[12:31 pm]
joeytsa : gotya
[12:33 pm]
joeytsa : russia sending navy squadron
to the mediterranean
[12:34 pm]
joeytsa : not sure that news is
anything big or not, just passing it
along
[12:34 pm] victor51 : Bye
everyone. see you tomorrow
[12:34 pm] Ed :
c ya vic
[12:34 pm] Ed : thx
joey
[12:34 pm] joeytsa : bye
victor
[12:35 pm] joeytsa : think it
more to help evacuate russians from
syria..but i assume because of escalating
tensions
[12:36 pm] Ed : there has been
fighting in those regions since Cain and
Able
[12:38 pm] joeytsa : no
kidding
[12:38 pm] joeytsa : i read
that book 🙂
[12:38 pm] Ed : sadly we know
what happened
[12:39 pm] joeytsa :
yeah, and how it ends up
[12:39 pm]
skydiver : good book joey and Ed
🙂
[12:39 pm] joeytsa : sure is Rev.
Sky 🙂
[12:39 pm] Ed : sure is
sky
[12:39 pm] skydiver : how did
you find out? 🙂
[12:40 pm] Ed :
kept bumping my head against a brick
wall
[12:40 pm] joeytsa : im
italian, i can find out anythign
haha
[12:40 pm] skydiver : my
daughter-in-law is Italian and boy that ‘s
the truth joey 🙂
[12:41 pm] joeytsa
: 🙂
[12:44 pm] joeytsa : love these
Lightning audio signals
[12:44 pm] Ed : u
just like the voice
[12:44 pm]
joeytsa : you can read or get other
stuff done, then hear the signal and look
up
[12:45 pm] joeytsa : makes me
more productive
[12:45 pm] joeytsa :
yeah, and the voice isnt so bad either
🙂
[12:45 pm] joeytsa : low priced
FOLD
[12:45 pm] joeytsa : not
my type usually
[12:46 pm] joeytsa :
50-60c spike down
[12:46 pm] joeytsa
: letting FOLD go, not for me
[12:46 pm]
joeytsa : gave a bunch of scan alerts
though
[12:47 pm] joeytsa : meredith
whitney bullish on banks
[12:50 pm]
joeytsa : seemed like better action
today than yesterday at least..maybe
carryover tomorrow
[12:50 pm]
joeytsa : Thank you Mitch, Ed,
everyone..nice calls, have a great day, see
you tomorrow
[12:50 pm] Ed : c ya
joey
[12:51 pm] skydiver : bye joey
— see you in the morning
[12:51 pm]
taco : yes, thanks again Mitch, ed and
all. see you in the am
[12:52 pm]
joeytsa : be interesting to see if the
NYSE BPI gets back to column of X’s
soon..could set up nice bull run, will keep
eye on it
[12:52 pm] Ed : c ya
taco
[12:53 pm] murano : FNP was
overe before I could post
[12:57 pm]
qwert : hahaha
[12:57 pm]
murano : I need more time
[12:58 pm]
murano : Can you do that on my
Lightning so I don’t have to do any
work
[12:59 pm] skydiver : Thanks
again Mitch, Ed and the rest of you . . .
learning lots 🙂 see you in the
morning
[12:59 pm] murano : See
ya’ll tomorrow
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