Member
Posted 11 March 2019 - 03:10 PM
A nice close if you were long.....
Good trading!
Close, but still NO buy signal on the daily chart.... I buy VXF only for MT trading, and the trades are free at Vanguard..... I want to see a close above both MAs before I buy VXF again. I could get whipsawed, but we shall see how it plays out.... First, SHOW me some Beef!
https://stockcharts....799&a=651311427
Edited by robo, 11 March 2019 - 03:18 PM.
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
Member
Posted 11 March 2019 - 03:24 PM
OK, you got your pop up.
A few more SPX points up to totally decimate the March PUT holders...
then they go after the March CALL holders and obliterate them by Wednesday or Thursday afternoon.
Member
Posted 11 March 2019 - 03:27 PM
A nice close if you were long.....
Good trading!
Close, but still NO buy signal on the daily chart.... I buy VXF only for MT trading, and the trades are free at Vanguard..... I want to see a close above both MAs before I buy VXF again. I could get whipsawed, but we shall see how it plays out.... First, SHOW me some Beef!
A really great daytrading day... long all through the day except for minor pullbacks.
ST SPX now UP at the close
IT still down
The long TRUE RANGES increases STOPs
Last I heard advancers were 85% decliners only 15%
Member
Posted 11 March 2019 - 05:31 PM
A nice close if you were long.....
Good trading!
Close, but still NO buy signal on the daily chart.... I buy VXF only for MT trading, and the trades are free at Vanguard..... I want to see a close above both MAs before I buy VXF again. I could get whipsawed, but we shall see how it plays out.... First, SHOW me some Beef! The VIX crushers did a nice job. Heck, we are already sitting up for another VIX trade....
A really great daytrading day... long all through the day except for minor pullbacks.
ST SPX now UP at the close
IT still down
The long TRUE RANGES increases STOPs
Last I heard advancers were 85% decliners only 15%
so
A pretty good day for me too..... I'll look the data over in the next hour, and get a plan for tomorrow's trading.
They still came up short for me to buy back VXF. (Buyers that is) I will need to see VXF move about the 9 and 15 before going long again for a swing..... Maybe a 1/2 cycle low, but it's Triple Witch week so l will stay nimble....
https://stockcharts....896&a=651311427
Edited by robo, 11 March 2019 - 05:34 PM.
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
Member
Posted 11 March 2019 - 07:27 PM
OK, you got your pop up.
A few more SPX points up to totally decimate the March PUT holders...
then they go after the March CALL holders and obliterate them by Wednesday or Thursday afternoon.
LOL.... We shall see if they go after the calls next. The guessers will be out in full force tonight. I don't need to guess - I just take the signals - win, lose or draw.
So let's see they shot it to the Moon... OPEX is Friday, what will they do next? Take it down sharply and try to close Friday at today's prices? I think I have seen this movie before, but we'll see how it plays out...
https://twitter.com/VolumeDynamics
Edited by robo, 11 March 2019 - 07:29 PM.
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
Member
Member
Posted 12 March 2019 - 04:51 PM
day traders ......anything left?
LOL... I'm not going to explain to you how I trade, but a few of us still around... You day-trade in the direction of the MT trend, but I use leverage for those trades. 39 days long and now 7 short or cash. Mainly cash, but VST trading long since Friday's buy signal.
I have been Watching the sky Brother, for several weeks, and I'm glad Bulls can't fly! My daily remains on a cash position for now, but day-trading from the long side using VST positions with leverage. That is day-trading for me....
Have a nice evening Da-Cheif!
Edited by robo, 12 March 2019 - 04:56 PM.
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
