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BIG MOVE to breakout of 3-week range


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#31 dTraderB

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Posted 29 April 2020 - 08:19 AM

Long ES 2916

 one lot



#32 12SPX

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Posted 29 April 2020 - 08:24 AM

I'm a little surprised your going long here even intraday, is that because of your option shorts?



#33 dTraderB

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Posted 29 April 2020 - 09:15 AM

jeez, so dam difficult to get a fill on new SPY puts

 

Buy Limit orders in place, hope they can be filled by SPX 2930-35 if traded



#34 dTraderB

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Posted 29 April 2020 - 09:18 AM

I'm a little surprised your going long here even intraday, is that because of your option shorts?

 

It's an easy win win trade .... and since I cannot focus on trading more than two instruments I will daytrade ES long & short while trying to be net long ES during the day .... Also, it helps me add SPY puts higher since I will be holding one of more lots ES long. Similar to when I bought QQQ puts and daytraded 4 to 8 lots NQ. Want to be flexible and prepared for any FED spike later


Edited by dTraderB, 29 April 2020 - 09:19 AM.


#35 dTraderB

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Posted 29 April 2020 - 12:29 PM

closed ES long 24.5 points



#36 dTraderB

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Posted 29 April 2020 - 12:30 PM

will reopen long lower down

 

43 SPY PUTS

 

flat crude 2 JUNE short/2 SEP LONG

 

may close one JUNE short before 4pm



#37 dTraderB

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Posted 29 April 2020 - 01:07 PM

open es long 2926.25



#38 robo

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Posted 29 April 2020 - 01:10 PM

IWM - 61.8 is up next..... 

Fibonacci Retracement Levels on my charts

 

 

2020 data 

 

https://stockcharts....257&a=745319180

 

2007 data 

 

https://stockcharts....900&a=745318615

 

Historical monthly data.....

 

https://stockcharts....164&a=735953749

 

The trend remains up long - IWM, VXF and TEX and I bought 1 tranche of VXX @ $35.91

 

 

https://stockcharts....709&a=736087073

 

 

 

 
 
HAWG_bigger.JPG
 
 
 
 
We are now in the final innings of the present game - "Fun With Fibonaccis" We'll see if the bears last stand in the $SPX holds and we go into overtime or not.

Edited by robo, 29 April 2020 - 01:19 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


#39 dTraderB

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Posted 29 April 2020 - 01:50 PM

Closed at 2935
8.25 profit



#40 robo

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Posted 29 April 2020 - 01:52 PM

Closed at 2935
8.25 profit

Nice trade!

 

I will be reducing long positions before the close.....

 

VIX tagging the lower BB and we are getting closer to the next fib level.......  However, the trend remains up but with more risk....  Energy has been my best trade lately... Traded some MTDR

 

https://stockcharts....709&a=736087073


Edited by robo, 29 April 2020 - 02:01 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