Premarket

Radar – BpTot Premarket

December 21, 2011
By

BpTot currently trading down 96% ATR.  Into major intermediate resistance area and rolling over on daily chart, and slightly overbought.  The 34-minute chart shows a strong impulse trend up, 38-50% retracement between -7.22 to -7.66, and 100% ATR -7.72.  Net bias = neutral (daily short, 34-min long).

Note News –  BP Deems Solar Unit Unprofitable, Will Close Unit After 40 Years

BpTot Daily

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Radar – CclRcl Premarket

December 15, 2011
By

Radar – CclRcl Premarket:

Daily – The pair is trending up and OBOS turning up from moderately oversold on a basis: bias is long.

34-minute:  Overbought and near 62% retracement: bias is short.

Overall bias : neutral.

Given neutral bias, my  100% ATR would be 7.42, which is also 50ma and lower BB on 34-minute, so that’s my target:

CclRcl

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Premarket Recap

December 9, 2011
By

Premarket Recap –  BblBhp120 (+120% ATR), CclRcl100 (-70% ATR – note bias in CclRcl slightly short), & BpXom200 (+85%ATR).

Shorted BpXom at 5.45.  Took off portion at 4.95, more at 4.44, out before OPG.

Bot CclRcl 6.59,  exited near7 after OPG.

Shorted BblBhp120 -.77, exited near -1 after OPG.

BblBhp120

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Followup – BpTot

November 30, 2011
By

Took some BpTot off at -8.15, and more off -8.36 with spike in futures:

WHEN THE MARKET GIVES YOU A GIFT ALWAYS TAKE IT

 

Radar – BpTot Premarket

November 30, 2011
By

Daily: Pair rolling over at long-term resistance and has formed lower double top.

34-Minute: Pair trading premarket at -7.7, +80c or 100% ATR, into neckline resisitance and 38-50% retracement:

BpTot Daily

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