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Worst case scenarios = Weak Week before POST ELECTION RALLY


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#101 dTraderB

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Posted 05 November 2020 - 06:44 PM

12045 nq hedge long

net long 1 nq hedge



#102 dTraderB

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Posted 05 November 2020 - 07:22 PM

Profits in XLF (closed all), BAC, NQ daytrades

Losses in net short nq hedge (profits long, losses short) & SPY PUTS (3 green, 9 red)

 

Trimmed positions, want to be light & flexible for next day or so, slightly short,  am BULLISH near term & IT after a pullback on

this extended market, but that may not happen.. There could still be a punishing SHORT COVERING BLOWOFF .... 

 

Holding: 

1 net longt nq hedge - 2 long, one short

 

2200 BAC

 

12 JAN QQQ SPY PUTS 

 

PS --- this election is not a sure thing as many believe - both Biden & Trump can still win. 


Edited by dTraderB, 05 November 2020 - 07:23 PM.


#103 12SPX

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Posted 05 November 2020 - 08:47 PM

K I only go my official first post of 5 points profit at 3510 and then I did say I would reshort again at 3515 and made another 5 points on that profit stop and then at the close for the overnight did go short again at 3512 but can't say its an actual trade as I didn't post it live, profit stop 3500 though right now and if its filled will go after a rogue trade back at 3515 again...



#104 dTraderB

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Posted 06 November 2020 - 04:45 AM

ADAM:
3520 has been my target in #ES_F all week - today I said we likely clip it exact and we did then pulled back. This is resistance of a large triangle & gateway to 3575 & 3700

Bulls want basing/flagging to set it up. Ideally above 3475 as we are now, if not we see 3440 then 3420

#105 dTraderB

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Posted 06 November 2020 - 05:47 AM

Pajama traders get the best trades... or most of it.
Anyway, not complaining, one good long NQ TRADE SO FAR TODAY. Will add an extra lot to both long & short nq daytrades.

#106 12SPX

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Posted 06 November 2020 - 08:18 AM

Ok pulled back all night, might wait until the open to see how we go so until then profit stop 3480.



#107 dTraderB

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Posted 06 November 2020 - 08:22 AM

Looks like pullback is complete....bulls motivated to move past SPX 3600

Ok pulled back all night, might wait until the open to see how we go so until then profit stop 3480.



#108 dTraderB

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Posted 06 November 2020 - 08:32 AM

Ready to trade BIG LONGS....

#109 12SPX

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Posted 06 November 2020 - 08:33 AM

Ya I'm thinking the same maybe, forgot about the employment report lol!  Out for a 32 point profit look for longs here before the open.



#110 12SPX

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Posted 06 November 2020 - 09:23 AM

Missed the rally but thats ok got filled again at 3515 and profit stop at 3510 just like that 3510....  Likely change at the open but I'll wait there for another trade.