Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
erierambler
-
Content Count
250 -
Joined
-
Last visited
Everything posted by erierambler
-
Those 2 questions I can't answer, LOL. The chart I posted of the transports shows price going almost straight up. That can't continue, unsustainable....price has to consolidate or retrace, unless the buying presssure comes from the industrials. erie
-
You've been doing this a lot longer than me. By the looks of the chart they are already diverged, correct? I have the Industrials not making the new high ( creating divergence ) this time , so wouldn't they be showing the warning? Note: I have for the Transports on my chart: UPS, UNP, FDX, BNI, NSC, CSX, LUV, EXPD, CHRW, AMR, and JBHT. For the Industrial: XOM, GE MSFT, T, WMT, PG, CVX, JNJ, IBM, BAC. These are equal weighted composites. Of course you are looking at bigcharts . erie
-
Thank you, as I wouldn't want to interrupt the everyday camaraderie that would be established already. erie
-
Thanks for the reply. Is there only one room or can one set-up another? erie
-
Are there many traders using the chat room here, trading the S&P ? erie
-
futures and sector charts
-
same charts as before only updated. Two charts have broke above potential resistance and others have not. ( creating divergence ). New highs are confirming price but sectors chart not breaking out yet. 10 day Mamis oscillator shows divergence big time so therefore very wary here. erie
-
Yes , after going back through some of my similar charts, I realise that the wording should have been , TOB ( test of bottom/support ). Capitulation was wrong. erie
-
Thanks, I don't see this type of action very often, but I try to see if one can identify action which may repeat. ( and find trades there ) I know how good you observe Point taken. erie
-
Db, attached chart with context, meaning trendline down and break, price rises to previous area. 1406 potential support, now tested. Then circle area price collapses. Could this be considered a potential capitulation as far as just price is concerned (reading price action by itself )? erie
-
Yes, but the topic may well not be suited for this thread. erie
-
here are some levels for Sectors, Futures (YM, NQ, and Es), and the ES itself.
-
I'd like to start this off with some charts for the Transports and Dow Industrials. It will be about 3 weeks from now that I can really focus more here on this thread, right now only on weekends. These charts are not the normal Indexes , but that of my own. Notice when the charts are in sync and when they diverge. Such as the Indu makes a new high in Oct/07 and the Tran does not. Then there is a test and failure.( noticeable in Dec/07 ) Now we are insync again and the Tran are reaching old highs. New highs in the index are confirming. I mainly trade the ES, so this thread will become about that but one needs to look at the trees in the forest. erie
-
Good trading to ya...... erie
-
No argument that the breakout was on the 16th, not looking at my own chart. You are looking at your chart. Depends on one's perspective.
-
Using charts that everyone else is watching could put you behind in trading. The actual breakout occurred on April 16th and was tested on the 22nd. Be careful going all in when the crowd sees fit. Of course the move up could be very real , but it is too early to tell for sure. We will be approaching a previous top in the future to challenge. erie
-
Blog: How to categorize blog entries
erierambler replied to cantana's topic in Announcements and Support
I would be interested in this as well. First how do you create a category? erie -
I would like to point out that when I went back to edit my posts in my blog that I could not see the two http in the post itself but changed the links anyway. It seems others could see it though......... erie
-
Kinda reminds me of Magee, speaking of the Greeks, "nothing in excess", "measure in all things". In otherwords , don't get too caught up , but pay attention....... erie
-
And thanks to everyone else that helped as well. erie
-
That's it, there is the http waiting in the pop-up box, once deleted, then the image posts fine. Thank you Tune, another observant person. Thank goodness it was something simple erie
-
test as well
-
yes, it doesn't work for me.
-
No the url's in my blog only have one http, but maybe the problem is related somehow......... erie
-
Yes, I see that now, you are observant, I wonder if that is it? Will try to edit a post in my blog . Thanks erie