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#1 NAV

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Posted 25 October 2017 - 08:53 AM

For the ST, as i noted 2 days back, SPX is in correction mode and i am looking for the correction to run it's course and then go long for the next swing. Intraday the bias is short and i have a very reliable signal. So i have shorted SPX at 2564.4 for a day trade.


Edited by NAV, 25 October 2017 - 08:55 AM.

"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#2 NAV

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Posted 25 October 2017 - 08:58 AM

I know day trading sucks in this low volatile environment and will reverse on  a hearbeat if the market does not follow thru. But i have a rare signal that is worth playing for, which can give me 10-15 points intraday. We'll see...

 

P.S - STOP is 2567.5


Edited by NAV, 25 October 2017 - 08:59 AM.

"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#3 NAV

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Posted 25 October 2017 - 09:02 AM

For the long swing trade, i need to see the SPX 2572.11 broken today. Below that the swing bias remains short.


"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#4 redfoliage2

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Posted 25 October 2017 - 09:21 AM

I know day trading sucks in this low volatile environment and will reverse on  a hearbeat if the market does not follow thru. But i have a rare signal that is worth playing for, which can give me 10-15 points intraday. We'll see...

 

P.S - STOP is 2567.5

I'm short ES and I chose not to use stop with this IT signal.  Instead I use ES options to hedge.



#5 NAV

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Posted 25 October 2017 - 09:22 AM

Covered half for 5 points. Will cover the rest at 2550 if we get there.


"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#6 NAV

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Posted 25 October 2017 - 09:25 AM

 

I know day trading sucks in this low volatile environment and will reverse on  a hearbeat if the market does not follow thru. But i have a rare signal that is worth playing for, which can give me 10-15 points intraday. We'll see...

 

P.S - STOP is 2567.5

I'm short ES and I chose not to use stop with this IT signal.  Instead I use ES options to hedge.

 

I have never seen any IT top before breaking the 3 week low, which is at 2541 now. I think your IT signal is early.


"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#7 Swiss Trader

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Posted 25 October 2017 - 10:09 AM

Same here....

 

k4f446.jpg


                                                             tLCTRQ5.jpg


#8 12SPX

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Posted 25 October 2017 - 10:18 AM

I know day trading sucks in this low volatile environment and will reverse on  a hearbeat if the market does not follow thru. But i have a rare signal that is worth playing for, which can give me 10-15 points intraday. We'll see...

 

P.S - STOP is 2567.5

Its unbelievable even with this sell off the premium on the Nov 2550 calls with the index sitting at 2550 is still a very rich $24!  



#9 Swiss Trader

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Posted 25 October 2017 - 10:24 AM

Bingo 1 yes.gif


                                                             tLCTRQ5.jpg


#10 NAV

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Posted 25 October 2017 - 10:31 AM

Covered at 2550 for 14 points. Average gain on this trade is 9 points. Got back my 9 points loss on the swing trade that the criminals took from me on 10/19 !


Edited by NAV, 25 October 2017 - 10:31 AM.

"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch