heavenskrow wrote:Are there any professional VIX traders here??
It seems on the daily we are trying to close back above support and lower bollinger
Zoomed in on hourly channel, we are fighting to close above resistance.
i went long tvix-small amount but i think being at 200 ma, there is a good chance for a bounce..
I said consolidation on the breakdown point is bad, so still not good looking chart for bulls.
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congratulation to everyone who got in short this morning...
apparently i missed the ride .... i put a limit order @ 13.26 for SPXU which did not get filled of course.. dyamn.. it reached upto 13.33 i think.. i was under the impression that SPY would overshoot the 126.50 ... apparently it did not .. one thing that i also learned here is ... not to chase market.... will get on the train ... of somekind monday
I think that's it for rest of day. Monday I see narrow consolidation day trying to rally and fail. Tuesday is the next TRANNY surprise for longs. Tues-Thurs could be re-melt down.
newbie_77 wrote:congratulation to everyone who got in short this morning...
apparently i missed the ride .... i put a limit order @ 13.26 for SPXU which did not get filled of course.. dyamn.. it reached upto 13.33 i think.. i was under the impression that SPY would overshoot the 126.50 ... apparently it did not .. one thing that i also learned here is ... not to chase market.... will get on the train ... of somekind monday
vats wrote:Hi Cobra,
I was on vacation until last night...Missed the big move this week...anyway, I signed up last night for your website as a "charter" member and continue to look forward.
thanks for your great efforts and insights!
Vats
Thanks, really really appreciate. I don't know why, for 50K IP visits every month, I really didn't get much supports for merely $10 a month, which, I admit, I'm a little disappointed.
Hi Cobra,
I signed up this week too! You are way too kind, $10 is a steal! I am sure you will see the signups increase once the site is not free. You are incredibly talented. If you charge, they will come!
Have you done this to play the morning gap?
Have both long and short position on SPY.
When gap up, find price to sell long and go short then sell out both positions when bounce.
When gap down, cover at low and go long and sell out both positions when bounce.