International markets traders banter

[CanOz]

Talk about the summer doldrums...:sleeping:

CanOz

 

[ThingyMajiggy]

What was with honkers just then? Push hard to the low, then immediately back up to break the swing high, looked like it was going to tank through that low. Europe open I guess?

 

[Trembling Hand]

DAX, gotta look at that

 

[CanOz]

DAX, gotta look at that

Straight up, could be another big day...

 

[Trembling Hand]

Straight up, could be another big day...

Oh I'm thinking next up move i'll short, the DAX. Honkers F knows where that is going into the close

 

[CanOz]

Oh I'm thinking next up move i'll short, the DAX. Honkers F knows where that is going into the close

Watching for pullback into 6945....

 

[Trembling Hand]

Oh I'm thinking next up move i'll short, the DAX.

More love for that idea on the Z.

 

[Joules MM1]

beautiful

tweet reference to the "reverentially-held" zero hedge

Fari Hamzei ‏@HamzeiAnalytics

come on -- ZH is a subcontractor -- sells a lot of our TICKETS ... rofl

 

[sinner]

I have a confession to make, in early Feb I read this post by Tom McClellan (maybe heard of the McClellan Oscillator or Summation Index, very good breadth indices, he is the inventors son AFAIK)

http://www.mcoscillator.com/learnin...ndication_calls_for_big_stock_market_top_now/

and becoming convinced after quantitative research that there was something to it I adapted the time-series into my model. So all the below quoted posts were influenced by Toms genius discovery, which has been profitable all year. Even DAX which looked like it was going to be dragged into Euro hell has paid nicely in the end.

Turning quite neutral here personally. If I had to take odds on the next 6 months I'd be betting long, at least in the DAX and SPX.

I don't like that the $NYSI dropped below -500 but shorter term breadth doesn't look horrible...

View attachment 47317

and the useful backtest tool from indexindicators.com provides us with the results for a pretty good swing setup (triggered last night, excludes overlapping signals).

View attachment 47318

(I was looking at this date to see if Tom McClellans forecast using Eurodollar COT would be correct like previous forecasts...it was)

Oh, you think it's over already? I think this is only a very short pullback in the Qs and SPY.

Time to cash in some of these chips, but the forecast is pretty clear for more upside so not taking everything off the table yet. My model would have been long but far less biased so without incorporating this time-series into the aggregate.

 

[Trembling Hand]

and becoming convinced after quantitative research that there was something to it I adapted the time-series into my model.

Welcome to the real analysis's worlds.....

 

[sinner]

Welcome to the real analysis's worlds.....

Har har TH, like all my other time-series were not real analysis :

This one is damn accurate forward shifted predictor, better significance than most I've seen, even aggregate scores from Decision Tree Bagging with fancy inputs.

 

[Trembling Hand]

This one is damn accurate forward shifted predictor, better significance than most I've seen, even aggregate scores from Decision Tree Bagging with fancy inputs.

Some punters around here could do with an understanding of breadth indicators. Time and time again you see some get excited when the XAO has a good run only to step up and get their fingers burnt. A simple understanding of how breadth historically moves would show its only the rarest of rare markets that reward entry on an index going vertical as an ideal entry.

 

[Trembling Hand]

LOL at the Hang Seng. Someone turned on the opposite switch today!

 

[sinner]

Some punters around here could do with an understanding of breadth indicators. Time and time again you see some get excited when the XAO has a good run only to step up and get their fingers burnt. A simple understanding of how breadth historically moves would show its only the rarest of rare markets that reward entry on an index going vertical as an ideal entry.

Yerp, for anyone who requires quantitative verification here are N day returns for the SPY after a close above the 50,2 bollingers.

http://ibankcoin.com/woodshedderblog/2012/07/30/spy-abnormally-bullish/

Returns generally flat (rather than negative) for the first 30 days after a breakout of this variety as shown in the blue line on the graph.

Pretty good candidate for a bullish options diagonal spread.

 

[sinner]

Welcome to the real analysis's worlds.....

More "real analysis's worlds" spotted today on the "reverentially held" Zerohedge

http://www.tradestation.com/education/labs/analysis-concepts/intraday-time-analysis

I'm excited to have seen this today and will probably write some of my own code based on the concept tonight

http://www.zerohedge.com/news/primer-intraday-market-moves

 

[Joules MM1]

hft poll ......increasing cluelessness by asking the wrong questions.....

http://goldstocksforex.com/2012/08/...ency-trading-to-improve-stock-market-pricing/

 

[tech/a]

hft poll ......increasing cluelessness by asking the wrong questions.....

http://goldstocksforex.com/2012/08/...ency-trading-to-improve-stock-market-pricing/

Did you read the comments!??

 

[Joules MM1]

More "real analysis's worlds" spotted today on the "reverentially held" Zerohedge

if the zinspired one was to put "...and here's a cupla my traders showing what i mean" he'd get a tad more cred in the community where waffles mean something.....the trading community

(note, we can't call him (zee)special one as some football numpty already took it....)

 

[Joules MM1]

Did you read the comments!??

thigh slapping.........

 

[Timmy]

Greetings banterers.

Line up of eco releases from China over the next few days:



Times are US EasternDST
Via the Forex Factory Economic Calendar:
http://www.forexfactory.com/calendar.php