Jump to content



Photo

CARL & MARK: a TOP? (yeah, count me in !)


  • Please log in to reply
28 replies to this topic

#21 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 16,704 posts

Posted 18 March 2019 - 09:46 AM

Summer Summit at Winter White House, Mar Lago

 

Seems like they are still hammering out the deal on the key issues

 

Holger Zschaepitz @Schuldensuehner
FollowFollow @Schuldensuehner
More

Global mkts start in Risk On mood to the week on speculation Fed to sound decidedly dovish at it's meeting. SCMP article suggested Trump-Xi trade summit may not take place until Jun so pressure mount on Powell to deliver on Wed. US 10y <2.6%. Pound $1.328 before more Brexit votes

D166zhjXgAANNV_.jpg
11:23 PM - 17 Mar 2019


#22 alexnewbee

alexnewbee

    Member

  • Traders-Talk User
  • 1,459 posts

Posted 18 March 2019 - 10:21 AM

Lots of orders from retail traders usually come in on Monday's. Another weekend to look things over and they get that FOMO feeling again... Last week was a very nice run so this one should be too. I don't know or care. I trade my signals and they remain long.

 

Good comment, although my conclusion is a bit different. Can all this retail get rich? May be, one day... I have my doubts.


"we do G.d's work" Lloyd Blankfein

#23 robo

robo

    Member

  • Traders-Talk User
  • 1,217 posts

Posted 18 March 2019 - 10:27 AM

 

Lots of orders from retail traders usually come in on Monday's. Another weekend to look things over and they get that FOMO feeling again... Last week was a very nice run so this one should be too. I don't know or care. I trade my signals and they remain long.

 

Good comment, although my conclusion is a bit different. Can all this retail get rich? May be, one day... I have my doubts.

 

 

That is just a pattern Brother that we have been seeing. We shall see when it ends, but for now the trend for VXF remains up. That is what I trade, and it remains on a buy signal.  VIX slowly grinding higher....  Watching that closely for clues....  I trade based on hard signals only, but I do monitor patterns and Sentiment from Sentiment Trader.

 

Starting to see some trouble, but I will wait for a daily sell signal... I'm VST trading VXXB today....


Edited by robo, 18 March 2019 - 10:32 AM.

“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


#24 diogenes227

diogenes227

    Member

  • TT Patron+
  • 5,120 posts

Posted 18 March 2019 - 11:03 AM

Not being one for funnymentals but a look-back tweet today and viola!  The beginning of the bear market.

 

 

 

 

 

 

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#25 robo

robo

    Member

  • Traders-Talk User
  • 1,217 posts

Posted 18 March 2019 - 12:56 PM

Not being one for funnymentals but a look-back tweet today and viola!  The beginning of the bear market.

 

 

 

 

 

 

 

  My system is still on a daily buy signal, but the LT data is something investors should keep an eye on. Oh, I'm never Bullish or Bearish. I just trade in the direction of my system..... I let others make all those guesses, and investors need to but I sure don't. This is Traders Talk even though there aren't many here anymore.....  Watch the sky and I'm glad Bulls can't fly....  VIX to 5?   Good my system will remain on a buy signal for sure.

 

LT data....

 

https://stockcharts....285&a=651053023

 

A sell signal means cash for my account.....  Free trades so I can buy back the next day if my system goes back to a buy signal. None of these indicators mean much too me....  My system is mechanical in nature. Close to this system, but much simpler....  However, I follow him daily....

 

 

https://twitter.com/...erp|twgr^author

 

The S&P 500 is up 12.6% for the best start to any year since 1991. The VIX has collapsed 57% in 3 months' time, the sharpest drop since 1990. Remember that 1990-91 was a recession, and these moves took hold too late to save the economy even as the Fed switched course.

14 replies79 retweets234 likes
 

Edited by robo, 18 March 2019 - 01:06 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


#26 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 16,704 posts

Posted 18 March 2019 - 03:05 PM

Another great comeback from the BULLS! 

 

 



#27 robo

robo

    Member

  • Traders-Talk User
  • 1,217 posts

Posted 18 March 2019 - 03:49 PM

Another great comeback from the BULLS!


It's the normal Monday pattern Brother. My VXF remains on a buy signal. So all the other noise, and guesser's opinions don't mean much to me. Trade your system I say and ignore all the rest. I use patterns for VST trading. The odds were very high we would gap up this morning.....

Intraday behavior has remained consistent and bearish.


Before any major downtrend for a sector there will be heavy buying just after the opening bell on trading days which follow non-trading days.

This is because the least-experienced participants use mostly market orders and they place them on their days off when they have free time, thereby crowding in at the open on days which follow non-trading days.
Usually this means the Monday opening bell although it can also mean a day like December 26, 2018 following the December 25 holiday when we had similar amateur crowding--in this case piling out at the exact bottom.
During the past several Mondays there has been a repeated consistent pattern of U.S. equity indices surging higher at the opening bell and fading thereafter.

Kaplan

https://seekingalpha...kaplan-gdxj-sea

Edited by robo, 18 March 2019 - 03:53 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


#28 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 16,704 posts

Posted 18 March 2019 - 05:59 PM

 

Another great comeback from the BULLS!


It's the normal Monday pattern Brother. My VXF remains on a buy signal. So all the other noise, and guesser's opinions don't mean much to me. Trade your system I say and ignore all the rest. I use patterns for VST trading. The odds were very high we would gap up this morning.....

Intraday behavior has remained consistent and bearish.


Before any major downtrend for a sector there will be heavy buying just after the opening bell on trading days which follow non-trading days.

This is because the least-experienced participants use mostly market orders and they place them on their days off when they have free time, thereby crowding in at the open on days which follow non-trading days.
Usually this means the Monday opening bell although it can also mean a day like December 26, 2018 following the December 25 holiday when we had similar amateur crowding--in this case piling out at the exact bottom.
During the past several Mondays there has been a repeated consistent pattern of U.S. equity indices surging higher at the opening bell and fading thereafter.

Kaplan

https://seekingalpha...kaplan-gdxj-sea

 

 

Sure, it's still a market on the uptrend but I will not be a new buyer at these levels and sentiment. 

 

That's why I prefer to daytrade, with IT options trades, and LT protfolio 

 

Daytrading since 2017 has been about the best ever in the history of the market. 



#29 robo

robo

    Member

  • Traders-Talk User
  • 1,217 posts

Posted 18 March 2019 - 07:06 PM

Another great comeback from the BULLS!


It's the normal Monday pattern Brother. My VXF remains on a buy signal. So all the other noise, and guesser's opinions don't mean much to me. Trade your system I say and ignore all the rest. I use patterns for VST trading. The odds were very high we would gap up this morning.....

Intraday behavior has remained consistent and bearish.


Before any major downtrend for a sector there will be heavy buying just after the opening bell on trading days which follow non-trading days.

This is because the least-experienced participants use mostly market orders and they place them on their days off when they have free time, thereby crowding in at the open on days which follow non-trading days.
Usually this means the Monday opening bell although it can also mean a day like December 26, 2018 following the December 25 holiday when we had similar amateur crowding--in this case piling out at the exact bottom.
During the past several Mondays there has been a repeated consistent pattern of U.S. equity indices surging higher at the opening bell and fading thereafter.

Kaplan

https://seekingalpha...kaplan-gdxj-sea

 
Sure, it's still a market on the uptrend but I will not be a new buyer at these levels and sentiment. 
 
That's why I prefer to daytrade, with IT options trades, and LT protfolio 
 
Daytrading since 2017 has been about the best ever in the history of the market.


Same here Brother, but I have been VST/day-trading much longer. I trade in the direction of the trend Brother. I use the 1 hour chart for VST trading and the daily keeps me on track....

As long as you have a system that makes you money, all the talk, bull crap, and guesses should mean nothing to you. I ignore most posts, but find a few traders here worth looking over.

To many traders in these forums trying to pick tops and bottoms... I have been there and done that... The news events do cause some whipsaws, but also some nice trading ops.
They say you can't VST trade because most have no system for trading. I follow my system, and SS has a good one too.... I don't ride down 20% moves like some here do, but I guess they are LT investors. I buy VXXB these days....

No decay trades, or leverage, or short positions in my LT funds.... Da-Cheif always talks about is 666 he backed up the truck... VXF was @ $22.71ish.... What will it be at the next Bear market Botton? Unlike others,
I have NO IDEA when this move will end, but I don't ride moves down and go long when I get the signals....
SS has one of the few trading systems I watch these days, but the volume dude is on i track too... Thomas....

https://stockcharts....977&a=651053023

Edited by robo, 18 March 2019 - 07:16 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