I_Am_Madness Posted January 25, 2018 Report Share Posted January 25, 2018 Re-entered 1/2 position of ES short at 2840.75. Added the other 1/2 of short back at 2845.25. Stop above today's high. Trade safe. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 25, 2018 Report Share Posted January 25, 2018 New highs on the Dow again. RSI on the weekly is 91.65 and above the weekly BB. Unreal. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 25, 2018 Report Share Posted January 25, 2018 Riding the 3 and 5 week moving avg. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 25, 2018 Report Share Posted January 25, 2018 200 point advance on negative breath on the Dow. I don't believe i've ever seen that before. Link to comment Share on other sites More sharing options...
Jorma Posted January 25, 2018 Report Share Posted January 25, 2018 Nice......Tough tough trading......Can you believe actually slight positive on 3 month UVXY for now.....Average down to @9.75.....This instrument has been horrible due to intense selling of VIX over and over 9 years running.....Sort of coiled here........ That instrument is criminal. It shouldn't exist. Link to comment Share on other sites More sharing options...
Jorma Posted January 25, 2018 Report Share Posted January 25, 2018 200 point advance on negative breath on the Dow. I don't believe i've ever seen that before. I believe it is organized buying centered in the derivative markets. I hate to say it. I'll be more than happy to be proven wrong and the belief wouldn't stop me from trading on the short side if traditional factors say to. Link to comment Share on other sites More sharing options...
zero_value Posted January 25, 2018 Report Share Posted January 25, 2018 Slippage is insane for UVXY. I've seen days were the Vix would rally and UVXY would be stuck on mud. Always forced contorted into contango...... Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 25, 2018 Report Share Posted January 25, 2018 Added the other 1/2 of short back at 2845.25. Stop above today's high. Trade safe. Covered the 2845.25 short at 2839.25 for +6 Holding the 2840.25 short. Stop for the remaining short at 2848. Trade safe. Link to comment Share on other sites More sharing options...
DrStool Posted January 25, 2018 Report Share Posted January 25, 2018 Well, maybe there's a reason my swing trade algo has been picking up more shorts over the past week. Or are we just Yerkinoff? Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 25, 2018 Report Share Posted January 25, 2018 Big bounce on the dollar. Everything coming down from the dollar rally. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 25, 2018 Report Share Posted January 25, 2018 Covered the 2845.25 short at 2839.25 for +6 Holding the 2840.25 short. Stop for the remaining short at 2848. Trade safe. Covered the rest at 2834.25 for +6 on the 2840 short. Going to see if i can reload tonight on the bounce. Link to comment Share on other sites More sharing options...
DrStool Posted January 25, 2018 Report Share Posted January 25, 2018 The trendline on the hourly chart from the December 29 low has been broken. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 25, 2018 Report Share Posted January 25, 2018 The trendline on the hourly chart from the December 29 low has been broken. Very clean looking double top at 2855 too. Watching 2825 (Yesterday's low). Link to comment Share on other sites More sharing options...
Jorma Posted January 25, 2018 Report Share Posted January 25, 2018 Trendline breaking feels like a long drought breaking. With the dollar so low $ bonds might not be such a bad deal. Eh? Link to comment Share on other sites More sharing options...
I_Am_Madness Posted January 25, 2018 Report Share Posted January 25, 2018 Utilities took a nasty beating the past month. Maybe time for a bounce? Link to comment Share on other sites More sharing options...
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