Jump to content



Photo

ST, IT LONG - congestion, indecision, compression, as Q1 ends


  • Please log in to reply
24 replies to this topic

#21 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 16,704 posts

Posted 27 March 2019 - 12:14 PM

So VXF is under the 9 EMA, the 13 DMA, the 200 DMA, the 50 DMA, and we have traders guessing on when this move down will end. The trend is down, I'm on a sell signal.. NO GUESSING is required.  Who cares when the trend will change...If you are really a trader you can make money both ways with a very simple system. I'm VST trading SDS and VXXB today while I wait.  Waiting on the next buy signal to buy VXF back and I HAVE NO idea when that will be and why some traders continue to guess is beyond my thinking as a trader. Investors have a tougher job, but I'm not an investor, and I'm getting really sea sick from the wavers again... 

 

So here come Da-Bots again and they be BTFD...Excellent since I have traded VXXB twice already today.... Both winners so far....

 

I DON't care about any other index, because VXF is close to the total market using small and midcap stocks and the trades are free at Vanguard. 

 

Selling VXXB again and reducing my SDS position... Taking profits because a bounce is probably coming.... That's a guess, but I already took profits and I'm trading in the direction of the current trend with is currently DOWN....  When it changes so will I.

 

Back above the 50 DMA already....  The BTFD BOTS.... I like these dudes, because they are easy to trade with most of the time...

 

BIG QUESTION is: will the BIG MONEY come in AGAIN to save the day for the BULLs?

 

Not that I care about who comes in to save the rally since I trade as you do: go with the market as it is rather than trying to outguess it 



#22 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 16,704 posts

Posted 27 March 2019 - 12:14 PM

a pop up as I wrote that last post!



#23 robo

robo

    Member

  • Traders-Talk User
  • 1,217 posts

Posted 27 March 2019 - 12:58 PM

 

So VXF is under the 9 EMA, the 13 DMA, the 200 DMA, the 50 DMA, and we have traders guessing on when this move down will end. The trend is down, I'm on a sell signal.. NO GUESSING is required.  Who cares when the trend will change...If you are really a trader you can make money both ways with a very simple system. I'm VST trading SDS and VXXB today while I wait.  Waiting on the next buy signal to buy VXF back and I HAVE NO idea when that will be and why some traders continue to guess is beyond my thinking as a trader. Investors have a tougher job, but I'm not an investor, and I'm getting really sea sick from the wavers again... 

 

So here come Da-Bots again and they be BTFD...Excellent since I have traded VXXB twice already today.... Both winners so far....

 

I DON't care about any other index, because VXF is close to the total market using small and midcap stocks and the trades are free at Vanguard. 

 

Selling VXXB again and reducing my SDS position... Taking profits because a bounce is probably coming.... That's a guess, but I already took profits and I'm trading in the direction of the current trend with is currently DOWN....  When it changes so will I.

 

Back above the 50 DMA already....  The BTFD BOTS.... I like these dudes, because they are easy to trade with most of the time...

 

BIG QUESTION is: will the BIG MONEY come in AGAIN to save the day for the BULLs?

 

Not that I care about who comes in to save the rally since I trade as you do: go with the market as it is rather than trying to outguess it 

 

I'm either long or cash and trading VXXB in my Vanguard account. There is no such thing as Bulls and Bears to my system. It's either trending up or down... The buy programs run the show and I trade with the BUY BOTS these days when you can see a clear trend. When there are more sellers then buyers then the trend changes and so do I. I JUST DON'T care why it changes, but I do see why those guessing and placing trades based on a decaying trade in 2020 or 2021 need to know. LOL....  Good luck with that in the current market...

 

I use SS as a early warning system for mine and it too is based on hard data. He does track historical patterns like I do, but the system is clear when to buy and sell, and has rules.

 

I'm not going to list all the data I use because you don't trade with the same tools I do.

 

However, here is his, (posted below) and ignore them if you like because most do. However, his VST type signals work extremely well with my current (very simple trading system).  I don't have the time or care to track all the indicators he does and that's why I'm currently a sub with him....

 

Time for lunch....

 

Good Trading!

 

We Tweet this out many times during the session so that subs can see the evolving trends- either strengthening or weakening or reversing, etc. The STS and SS trend data tell the reader how close we are getting to a KEY TREND CHANGE as signaled by these two. Seven Sentinels are used to define the Intermediate-term. STS identifies the ST trend within that Intermediate Term Trend. Intermediate-Term trends tend to run anywhere from a few weeks to a few months. Short-Term Trends (STS) tend to run about a week to several weeks. Below is the key to interpreting those intraday TREND tweets.

====================================================

We just added the very short term sentinels (VSTS) to the body of each tweet and will explain these in more detail here in coming days. At this point they are subject to modification as we are beta testing them in real time. Once we finalize them, we’ll add an explanation here. ==========================================================

download-150x150.jpeg?resize=150%2C150

Twitter KEY: MO 6/4 REL BSN VSTS U/T 4/3 STS U/T 7/0 SS U/T 7/0 BR +400/+300 TRIN 0.68-  Contained in that line of data are seven items we report to subs to see developing trends and trend changes, specifically 1. MO 6/4- This simply means that of the “top ten Momentum Issues”: AMZN, BIIB, CELG, FB, GILD, GOOG, NFLX, NVDA, TWTR, TSLA…. six are higher, four are lower at this update
 
2. REL: SBN – This means that of our proprietary three Relative Signals: Relative VIX (SPX/VIX), Relative RUT(SPX/RUT), Relative COMPQ (SPX/COMPQ)….. The first is on BUY; the second is SELL, the third is on NEUTRAL at the time of this update.
 
3. VSTS (U/T) 4/3 Our proprietary Very Short-Term Sentinels are currently in Uptrend Mode overall and that four components are in uptrend mode currently, three on D/T mode.
 
4. STS (U/T) 7/0 Our proprietary Short-Term Sentinels are currently in Uptrend Mode overall and that all seven components are in uptrend mode currently, none on D/T mode.
 
5. SS (U/T) 7/0 – This means that our proprietary Seven Sentinels are currently in Uptrend Mode overall and that all seven components are in uptrend mode, none downtrend mode
 
6. BR 400/300 – This means that net breadth (advances minus declines) on the NYSE is +400 issues and that net breadth on NASDAQ is +300 at this update
 
7. TRIN 0.68 is the latest TRIN intraday reading at the time of this update

 

https://sevensentine...om/twitter-key/

 

 

https://twitter.com/SevenSentinels


Edited by robo, 27 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


#24 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 16,704 posts

Posted 27 March 2019 - 01:17 PM

 

 

So VXF is under the 9 EMA, the 13 DMA, the 200 DMA, the 50 DMA, and we have traders guessing on when this move down will end. The trend is down, I'm on a sell signal.. NO GUESSING is required.  Who cares when the trend will change...If you are really a trader you can make money both ways with a very simple system. I'm VST trading SDS and VXXB today while I wait.  Waiting on the next buy signal to buy VXF back and I HAVE NO idea when that will be and why some traders continue to guess is beyond my thinking as a trader. Investors have a tougher job, but I'm not an investor, and I'm getting really sea sick from the wavers again... 

 

So here come Da-Bots again and they be BTFD...Excellent since I have traded VXXB twice already today.... Both winners so far....

 

I DON't care about any other index, because VXF is close to the total market using small and midcap stocks and the trades are free at Vanguard. 

 

Selling VXXB again and reducing my SDS position... Taking profits because a bounce is probably coming.... That's a guess, but I already took profits and I'm trading in the direction of the current trend with is currently DOWN....  When it changes so will I.

 

Back above the 50 DMA already....  The BTFD BOTS.... I like these dudes, because they are easy to trade with most of the time...

 

BIG QUESTION is: will the BIG MONEY come in AGAIN to save the day for the BULLs?

 

Not that I care about who comes in to save the rally since I trade as you do: go with the market as it is rather than trying to outguess it 

 

I'm either long or cash and trading VXXB in my Vanguard account. There is no such thing as Bulls and Bears to my system. It's either trending up or down... The buy programs run the show and I trade with the BUY BOTS these days when you can see a clear trend. When there are more sellers then buyers then the trend changes and so do I. I JUST DON'T care why it changes, but I do see why those guessing and placing trades based on a decaying trade in 2020 or 2021 need to know. LOL....  Good luck with that in the current market...

 

I use SS as a early warning system for mine and it too is based on hard data. He does track historical patterns like I do, but the system is clear when to buy and sell, and has rules.

 

I'm not going to list all the data I use because you don't trade with the same tools I do.

 

However, here is his, (posted below) and ignore them if you like because most do. However, his VST type signals work extremely well with my current (very simple trading system).  I don't have the time or care to track all the indicators he does and that's why I'm currently a sub with him....

 

Time for lunch....

 

Good Trading!

 

We Tweet this out many times during the session so that subs can see the evolving trends- either strengthening or weakening or reversing, etc. The STS and SS trend data tell the reader how close we are getting to a KEY TREND CHANGE as signaled by these two. Seven Sentinels are used to define the Intermediate-term. STS identifies the ST trend within that Intermediate Term Trend. Intermediate-Term trends tend to run anywhere from a few weeks to a few months. Short-Term Trends (STS) tend to run about a week to several weeks. Below is the key to interpreting those intraday TREND tweets.

====================================================

We just added the very short term sentinels (VSTS) to the body of each tweet and will explain these in more detail here in coming days. At this point they are subject to modification as we are beta testing them in real time. Once we finalize them, we’ll add an explanation here. ==========================================================

download-150x150.jpeg?resize=150%2C150

Twitter KEY: MO 6/4 REL BSN VSTS U/T 4/3 STS U/T 7/0 SS U/T 7/0 BR +400/+300 TRIN 0.68-  Contained in that line of data are seven items we report to subs to see developing trends and trend changes, specifically 1. MO 6/4- This simply means that of the “top ten Momentum Issues”: AMZN, BIIB, CELG, FB, GILD, GOOG, NFLX, NVDA, TWTR, TSLA…. six are higher, four are lower at this update
 
2. REL: SBN – This means that of our proprietary three Relative Signals: Relative VIX (SPX/VIX), Relative RUT(SPX/RUT), Relative COMPQ (SPX/COMPQ)….. The first is on BUY; the second is SELL, the third is on NEUTRAL at the time of this update.
 
3. VSTS (U/T) 4/3 Our proprietary Very Short-Term Sentinels are currently in Uptrend Mode overall and that four components are in uptrend mode currently, three on D/T mode.
 
4. STS (U/T) 7/0 Our proprietary Short-Term Sentinels are currently in Uptrend Mode overall and that all seven components are in uptrend mode currently, none on D/T mode.
 
5. SS (U/T) 7/0 – This means that our proprietary Seven Sentinels are currently in Uptrend Mode overall and that all seven components are in uptrend mode, none downtrend mode
 
6. BR 400/300 – This means that net breadth (advances minus declines) on the NYSE is +400 issues and that net breadth on NASDAQ is +300 at this update
 
7. TRIN 0.68 is the latest TRIN intraday reading at the time of this update

 

https://sevensentine...om/twitter-key/

 

 

https://twitter.com/SevenSentinels

 

 

Thanks for that explanatory note on his system. 
I tried following on twitter but did not understand what the letters & numbers meant

 

Will look at it later

 

I get his LITE newsletter in my mail each day



#25 robo

robo

    Member

  • Traders-Talk User
  • 1,217 posts

Posted 27 March 2019 - 05:27 PM

"My position remains: More open-mindedness and less certitude. How can anyone actually know what is to be ignored and what isn’t?"

 

 

The Ghost of 2001

ghost-copy.png?resize=219%2C113&ssl=1By now you’ve probably read a gazillion opinions on the inverted yield curve and seen a ton of analogs being discussed. On the yield front the general bullish consensus seems to suggest to simply ignore it. Like everything else. On the analog front I see references to examples such as 2016 (the earnings recession will be temporary) and 1994 (the yield inversion is a fake out and it won’t matter) and similar.  The general consensus: Ignore the inverted yield curve, buy stocks.

My position remains: More open-mindedness and less certitude. How can anyone actually know what is to be ignored and what isn’t?

I suppose if the argument is simply that central banks are dovish and that is good enough then perhaps that is good enough:

 

https://northmantrad...-ghost-of-2001/


“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