Jump to content



Photo

BEARS emerge from hiding but BULLS still in control...


  • Please log in to reply
99 replies to this topic

#41 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,703 posts

Posted 19 July 2021 - 10:29 AM

Starting a long build at 4246.... cmon, I've got tennis soon....



#42 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,703 posts

Posted 19 July 2021 - 10:33 AM

There we go, profit stop 4250....  will buy below! 



#43 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,703 posts

Posted 19 July 2021 - 11:06 AM

Darn out for a 4 point profit and starting a long build here at 4243.  off to tennis so have to let you know how it goes but think we should see a bit of a recovery or we'll flounder around here till the close.....



#44 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,089 posts

Posted 19 July 2021 - 11:41 AM

Will 4240 hold???

 

If not....huge airgap in hourly chart below....

 

spx.png


Edited by K Wave, 19 July 2021 - 11:41 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#45 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,738 posts

Posted 19 July 2021 - 12:29 PM

Now holding  only 11 OCT SPY PUTS   -- all SEP closed, could not resist.

 

Still holding 28 QQQ PUTS with 1 NQ HEDGE LONG, will reopen another a bit lower but NQ is not down as much as ES and may actually reverse from a lower level later this  week

 

Focusing on NQ DAYTRADES, may SHORT NAT GAS ...   

 

this could be a TOP 3 day of 2021



#46 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,068 posts

Posted 19 July 2021 - 02:05 PM

Just an aftermath of the OpEx, not going to be trend changing ...............................



#47 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,738 posts

Posted 19 July 2021 - 02:27 PM

Closed all SPY PUTS



#48 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,738 posts

Posted 19 July 2021 - 04:27 PM

Fantastic day!  I never doubted my decision to close all SPY PUTS as well as lighten up on QQQ PUTS, close VXX CALLS, and close CRUDE SHORTS/

Markets move quickly so my strategy since 2008 has been ST Trading and taking profits whenever available

 

Looks like I will be starting a new SPY PUT Position tomorrow if this bounce continues. 

 

Profits in QQQ & SPY PUTS, Crude, VXX CALLS, NQ DAYTRADES;  net losses in ES HEDGE LONG & NQ HEDGE LONG

 

28 QQQ OCT QQQ PUTS

1 NQ HEDGE LONG  14475

 

1 NQ HEDGE LONG  BUY LIMIT ORDER 14250 

 

Natural Gas will drop soon, will short it 

 

After this bounce, markets will make new lows for JULY, and then further declines

 

Now holding  only 11 OCT SPY PUTS   -- all SEP closed, could not resist.

 

Still holding 28 QQQ PUTS with 1 NQ HEDGE LONG, will reopen another a bit lower but NQ is not down as much as ES and may actually reverse from a lower level later this  week

 

Focusing on NQ DAYTRADES, may SHORT NAT GAS ...   

 

this could be a TOP 3 day of 2021



#49 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,703 posts

Posted 20 July 2021 - 08:01 AM

Nice trades, still holding my long as I averaged down with the sell off from 4236, remaining on the higher side here so think it will hold, putting my profit stop at 4240 for the cash open.



#50 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,738 posts

Posted 20 July 2021 - 09:30 AM

Great trading!! I would not have gone net long at those levels!!

Nice trades, still holding my long as I averaged down with the sell off from 4236, remaining on the higher side here so think it will hold, putting my profit stop at 4240 for the cash open.