Slope of Hope with Tim Knight - Latest Comments in A-Ha

Re: A-Ha

toad 3,7 — Mon, 20 Jul 2009 13:45:52 -0000

I've been thinking about doing something similar. I'm sure it keeps you more focused.

Re: A-Ha

Brinkley — Mon, 20 Jul 2009 11:20:44 -0000

Amen.

Re: A-Ha

TraderTamas — Mon, 20 Jul 2009 11:05:14 -0000

Yeah... either FAS or FAZ

Re: A-Ha

facesincabs — Mon, 20 Jul 2009 09:39:08 -0000

Yup ... those are generally the levels I am watching ...

I am not hard and fast on the target number (e.g., anywhere from 999 to 1015) ... but I will watch the tape and its price action more closely when and if the markets get to that range ...

With so many H&S patterns failing recently ... I have to wonder how successful the inverse H&S might be ...

Re: A-Ha

Tim Knight — Mon, 20 Jul 2009 07:45:03 -0000

NEW POST

Re: A-Ha

fatcontroller — Mon, 20 Jul 2009 07:11:29 -0000

Interactive Brokers definitely trades from 7 AM. Very likely much earlier. I had orders filled around 6 AM.

Re: A-Ha

bee01 — Mon, 20 Jul 2009 06:53:13 -0000

Can it be bull party time again?

Re: A-Ha

Gary_L — Mon, 20 Jul 2009 06:51:41 -0000

Bankster, right click on the Ask.

In the box that pops up, select Buy Custom and select the option you want.

Once your order is setup at the bottom of the screen, click on the rules box to set your trigger.

I'd flesh this out more, but I gotta go to work.

Re: A-Ha

fares2008 — Mon, 20 Jul 2009 04:03:25 -0000

I know what you are saying, my question is I want to trade stocks before 8am est time, like premarket.

Re: A-Ha

jayinasia — Mon, 20 Jul 2009 03:25:10 -0000

Deleted.

Re: A-Ha

jayinasia — Mon, 20 Jul 2009 03:23:10 -0000

Ok bears. You've got some work to do. Breakouts all over the place. China, Hang Seng, Korea. AUD, EUR. I can hear the train pulling out from the station. You've got to try and slow it down a bit (for those that want to get off and others that want to get on, LOL) please?

Kospi finished right at the 50 fib from '07 high.

Re: A-Ha

toad 3,7 — Mon, 20 Jul 2009 01:46:37 -0000

TT, do you usually only trade 1 position at a time?

Re: A-Ha

Guest — Mon, 20 Jul 2009 01:31:42 -0000

ES Update: http://www.bostonwealth.net...

Re: A-Ha

MidasTouch — Mon, 20 Jul 2009 01:12:49 -0000

Bankster, I don't think pasting is possible here. However, on the trade tab - order entry, select 1st trgs seq in the box next to advanced order. Then, select buy, change price to 953, select LIMIT under "order". Then, select sell, change price to 943, select STOP under "order". Then, confirm and send. 1st trgs seq is first triggers sequence. It has to hit 953 for the stop to be a working order. If you select blast all, the first price hit will trigger, so you don't want to do that.

It's a pretty cool platform and very versatile too. Since you are new, be careful when using advanced order because it can be easy to enter orders incorrectly. Alternatively, you can call TOS now and ask the futures/forex rep for assistance. I think it is option 7 - 866-839-1100. Good luck.

Re: A-Ha

Sir Mole III — Mon, 20 Jul 2009 01:03:24 -0000

Is T.K. still crying in his pillow or why isn't there a post tonight?

Re: A-Ha

Brinkley — Mon, 20 Jul 2009 00:58:55 -0000

I think that the 50% retracement was probably taken from where he sees the breakdown starting, rather than at the 2007 high. Here are the fibs drawn from a horizontal support level that once broken, set the plunge in motion. That puts the 50% @ 999.

http://screencast.com/t/RhN...

And here's the fib retracement from the 2007 high, placing Murphy's 1,000 law @ the 38.2% fib (kind of neat) and the 61.8% fib @ the 1,229 I've mentioned, which is also the projected resolution of the inverse h/s should it confirm.

http://screencast.com/t/eaC...

Fascinating, but perhaps too neat and tidy.

Re: A-Ha

toad 3,7 — Mon, 20 Jul 2009 00:50:14 -0000

That makes sense Ashok, keep it simple wins every time. Thanks my friend. I start simplifying this week.

Less Is More!

Re: A-Ha

jayinasia — Mon, 20 Jul 2009 00:44:41 -0000

Haven't really had a chance to look at it but off the top of my head, Vietnam/Thailand/Malaysia come to my mind. The horses are Shanghai/Indonesia/Hang Seng/Korea.

Re: A-Ha

Insect Overlord — Mon, 20 Jul 2009 00:33:20 -0000

/ES formed a beautiful short entry IMHO. Here's what I see and consider a good entry.

http://screencast.com/t/h7K...

Re: A-Ha

Guest — Mon, 20 Jul 2009 00:29:37 -0000

I am new to TOS so I have a newbie question. If I want to enter an order to play a breakout, how do I enter this in TOS? For example, go long 1 x ES above 953 (trigger would be a print of 953.25, I want to pay 953) and at the same time enter a stop-loss sell 10 points below that.

If someone can capture a screenshot of the order entry window, that would be great. You can hide your account information by checking the privacy checkbox under Buying Power.

Thank you.

Re: A-Ha

Ashok — Mon, 20 Jul 2009 00:23:03 -0000

Ask yourself who the leading names are that come to mind.....leading brand names, that everyone uses, every day.......and 2 will pop up immediately....leaders too......GOOG and AAPL.......you could add GS too, but I guess there's too much hate going for that name.....pick just a couple of indicators that you trust.......and that's it.......you're ready to roll.....

Re: A-Ha

Ali — Mon, 20 Jul 2009 00:19:05 -0000

Looking at the way the Aussie has been hugging that top channel last few days, I'd say a break out was likely. What laggards are you looking at?

Re: A-Ha

TraderTamas — Mon, 20 Jul 2009 00:14:08 -0000

I'm up 1.3% in FAZ currently... let's see what happens tomorrow morning.

Re: A-Ha

TraderTamas — Mon, 20 Jul 2009 00:11:38 -0000

I haven't been to that blog in months and I don't plan on ever setting eyes on it again.

Bad habits are learned there.

Re: A-Ha

nummy — Sun, 19 Jul 2009 23:56:56 -0000

love that song .. it brings me back to the 80s... for the 6 years I lived in the decade.

the ramones rock