It really is ground hog day cause now we have a profit stop of 4210 and I'm off to tennis. Am looking at shorts above 4220 but we'll see, likely be a flip from long to short if we keep moving up, shoulda done that yesterday and I dont want to miss it today!!
"Shut up and take the free money" - to TAPER or not.
Started by
dTraderB
, Jun 14 2021 10:01 PM
85 replies to this topic
#62
dTraderB
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Posted 17 June 2021 - 12:38 PM
Did I mention before "WHAT A GREAT MARKET TO DAYTRADE!"
What a great market to daytrade!
Add a few more SPY PUTS on this bounce
#63
dTraderB
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Posted 17 June 2021 - 12:40 PM
YEAH, LIKE I SAID BEFORE: BUSIEST trading week for me in 2021"
Looks a bit unstable after FED surprise. Not CRASHY as yet but it could happen. Soon.
Busiest week of trading for me for 2021, so far. Botched my ES rollover, cost me about $700 but recovered it and more.
#64
redfoliage2
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Posted 17 June 2021 - 02:01 PM
Who cares a little rate hike in 2023? Still two years away. Right now NAZ is poised for new highs again ..............................
Edited by redfoliage2, 17 June 2021 - 02:07 PM.
#65
12SPX
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Posted 18 June 2021 - 07:17 AM
This one turned out just like I said, took profits yesterday at 4220 for 20 points and as I said went short there and just took it off for a 30 point profit and started a long build at 4190. Think the market will forget what bullard is saying and we'll head up again but maybe not so far up before another leg down, we'll see.
#66
dTraderB
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Posted 18 June 2021 - 07:22 AM
Volatile markets here to stay, until WALL ST cleans out the newbie crowd
I think ES 4180 support should hold today and then another attempt at the usual Summer Friday afternoon rally
Below ES 4180 it could quickly turn into a Friday Selling Panic
This one turned out just like I said, took profits yesterday at 4220 for 20 points and as I said went short there and just took it off for a 30 point profit and started a long build at 4190. Think the market will forget what bullard is saying and we'll head up again but maybe not so far up before another leg down, we'll see.
#67
12SPX
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Posted 18 June 2021 - 07:25 AM
You might be right d but for now, average buy at 4184....
#68
dTraderB
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Posted 18 June 2021 - 07:25 AM
Want to close more SPY PUTS and VXX CALLS below ES 4180 if traded
add on rally above ES 4235
add QQQ PUTS on rally above yesterday's QQQ HIGH if traded
less risk today to preserve profits in this frenzied trading week.
ALL THAT ABOVE CAN CHANGE depending on how market behaves during CASH session
#69
12SPX
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Posted 18 June 2021 - 07:57 AM
Yes should be an interesting quad but for now profit stop 4185, will add below....
#70
12SPX
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Posted 18 June 2021 - 08:05 AM
Out for 1 point profit, lets see how this goes gonna be exciting I love expirations! Best news all of my sold June options are expiring early and my sold July calls are showing a nice profit already....
