Member
Posted 04 December 2019 - 06:44 PM
Another "good trade news" rally that should be shorted IT or LT but not ST.
Another great trading day - enjoy it until the holiday doldrums arrive.
Free money, QE, buybacks etc but no market can go on forever rallying on non-fundamentals
Short it IT and trade the ST trend up or down
Bull markets often end with a euphoric rally called a ‘blow-off top.’ We may have just had one
https://www.cnbc.com...st-had-one.html
Member
Posted 04 December 2019 - 06:46 PM
https://www.marketwa...4?mod=home-page
Member
Posted 04 December 2019 - 06:49 PM
Will be up by 5am to do it all over again, will raise SHORT position back over 90% if market rallies tomorrow near to recent ATH or above it
Member
Posted 04 December 2019 - 07:34 PM
Will be up by 5am to do it all over again, will raise SHORT position back over 90% if market rallies tomorrow near to recent ATH or above it
Here is what I'm doing.....
https://www.tsptalk....9933#post629933
Good luck on your trades......
" “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
Member
Posted 05 December 2019 - 10:12 AM
Member
Posted 05 December 2019 - 02:55 PM
Member
Posted 06 December 2019 - 07:59 AM
RUT 1600 is the Key.
Now that it has been back tested and held, the play is long...
If it gets retaken downside sometime soon, then stop out and reverse....
Could not be easier at this junction...
Edited by K Wave, 06 December 2019 - 07:59 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
Member
Posted 06 December 2019 - 10:01 AM
And just like that RUT blasts out to fresh highs after the successful back test of the huge breakout at 1600...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 06 December 2019 - 01:16 PM
This is by far the worst trading system I have ever tracked in a market like this one.... I have tracked and tried many. Some of these guys have to be paper trading.... A very poor trading system in my opinion....
Re critical VIX behavior, here is a look back at January 17, 2018, Seven sessions before the final top:
https://twitter.com/...erp|twgr^author
Bottom line: The weekly trend remains up! As I always say KISS is the best type of trading system for most..... No guess work involved..... I use the 10 DMA on the daily and the 10 week on the weekly with some weekly and daily cycle data.... Yes, I get whipsawed too...... but nothing like I have seen from some of these trading systems that folks are charging you money for...... I use Sentiment trader too and in my opinion it's worth the money.
See chart below as the weekly position remains on a hold long positions
https://stockcharts....712&a=704155523
VST trading VXX when I like the setup..... Flat VXF at Vanguard.....
Good Trading to all......
Edited by robo, 06 December 2019 - 01:20 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
