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ST Bottom, Bounce, DOWN again


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#11 12SPX

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Posted 10 January 2022 - 08:39 AM

Has been a great start and am looking forward to this year as its going to be so volatile!!!  Added to my long yesterday at the open bringing it down to 4670 and was profit stopped at 4672 after I went to sleep lol but my first rogue long was filled by the pajama traders at 4650 and now my average long is at 4645.... See how the day goes here, I'd anticipate there will be a bounce somewhere in here....



#12 dTraderB

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Posted 10 January 2022 - 10:16 AM

2nd ES 4585 hedge LONG

Cannot resist this trade! 

 

Will add another ES HEDGE LONG for a bullish bias if SPY drops below 460

 

Only NQ daytrading so far, last night & today, and opening QQQ LONG position in LT

 

-----------

 

24 SP PUTS

1 ES HEDGE LONG

 

FLAT everything else

 

Great week to start 2022. 

 

Back on Sunday.



#13 12SPX

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Posted 10 January 2022 - 10:22 AM

I know heh, average long now 4625!!! 



#14 12SPX

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Posted 10 January 2022 - 10:24 AM

I do think 4550 is a better bottom but whatever, and there are gaps above to fill now! 



#15 dTraderB

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Posted 10 January 2022 - 11:23 AM

Lots of buyers even after this latest decline. I will sell any rally above 4670, but will not aggressively SHORT, as yet.
4400 SPX could be traded during next week or so.

#16 dTraderB

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Posted 10 January 2022 - 11:24 AM

Close 4604.25
Bank it, will buy lower, later


2nd ES 4585 hedge LONG
Cannot resist this trade! 
 

Will add another ES HEDGE LONG for a bullish bias if SPY drops below 460
 
Only NQ daytrading so far, last night & today, and opening QQQ LONG position in LT
 
-----------
 
24 SP PUTS
1 ES HEDGE LONG
 
FLAT everything else
 
Great week to start 2022. 
 
Back on Sunday.



#17 dTraderB

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Posted 10 January 2022 - 12:12 PM

2nd ES 4588.5  hedge long reopened

 

Bought 300 QQQ in LT 

 

But main focus on NQ daytrades that could be an ATH points profit today!  Yes, NQ index has grown much larger so profits or losses are larger but still 

it is good to set higher profit points records...

 

Close 4604.25
Bank it, will buy lower, later
 

2nd ES 4585 hedge LONG
Cannot resist this trade! 
 

Will add another ES HEDGE LONG for a bullish bias if SPY drops below 460
 
Only NQ daytrading so far, last night & today, and opening QQQ LONG position in LT
 
-----------
 
24 SP PUTS
1 ES HEDGE LONG
 
FLAT everything else
 
Great week to start 2022. 
 
Back on Sunday.

 



#18 dTraderB

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Posted 10 January 2022 - 12:48 PM

closed 4595.5 

banking these few points in ES 

will reopen later

 

2nd ES 4588.5  hedge long reopened

 

Bought 300 QQQ in LT 

 

But main focus on NQ daytrades that could be an ATH points profit today!  Yes, NQ index has grown much larger so profits or losses are larger but still 

it is good to set higher profit points records...

 

Close 4604.25
Bank it, will buy lower, later
 

2nd ES 4585 hedge LONG
Cannot resist this trade! 
 

Will add another ES HEDGE LONG for a bullish bias if SPY drops below 460
 
Only NQ daytrading so far, last night & today, and opening QQQ LONG position in LT
 
-----------
 
24 SP PUTS
1 ES HEDGE LONG
 
FLAT everything else
 
Great week to start 2022. 
 
Back on Sunday.

 

 



#19 dTraderB

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Posted 10 January 2022 - 01:46 PM

Want to open a new QQQ PUT position in LT Portfolio 

Will start with 5 QQQ MARCH 380 or higher strikes

Should be filled if QQQ trades above 375

 

 

closed 4595.5 

banking these few points in ES 

will reopen later

 

2nd ES 4588.5  hedge long reopened

 

Bought 300 QQQ in LT 

 

But main focus on NQ daytrades that could be an ATH points profit today!  Yes, NQ index has grown much larger so profits or losses are larger but still 

it is good to set higher profit points records...

 

Close 4604.25
Bank it, will buy lower, later
 

2nd ES 4585 hedge LONG
Cannot resist this trade! 
 

Will add another ES HEDGE LONG for a bullish bias if SPY drops below 460
 
Only NQ daytrading so far, last night & today, and opening QQQ LONG position in LT
 
-----------
 
24 SP PUTS
1 ES HEDGE LONG
 
FLAT everything else
 
Great week to start 2022. 
 
Back on Sunday.

 

 

 



#20 redfoliage2

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Posted 10 January 2022 - 02:18 PM

So still no short of dip buyers.  So far SPX recovered about 60% of today's loss.  Are Hedges done yet with the selling for the bad CPI coming on Wednesday?


Edited by redfoliage2, 10 January 2022 - 02:27 PM.