AUDJPY holds well (green cycle) but this kind of sell off should be at least 2 legged. The arrows just to imply 2 legs, don't mean it will go exactly this way.
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heavenskrow wrote:Already out of TVIX. now back in cash
too early? see attached image. courtesty mr.keystone - i tend to agree
I was shitting my pants after the market closed yesterday and I thought I was going to wake up in a world of pain.
I will get back long if the dollar and bonds can break resistance. Keep in mind European markets look very bad and ES looks bad as well...but I must obey dollar and bonds for short term.
heavenskrow wrote:Already out of TVIX. now back in cash
too early? see attached image. courtesty mr.keystone - i tend to agree
I can see how you would want out early with all the false starts this week but I have to agree with RA, this pullback is for real. You won't see tvix gains like this summer/fall but the next couple of days may be good. If SPX doesn't hold right now then I'm expecting 1220. Sometimes you just have to let a winning position ride.
Cobra wrote:double top not confirmed, but you may want to know the target.
What is the confirmation requirement?
decisive breakdown or consolidate here for awhile.
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Cobra wrote:AUDJPY holds well (green cycle) but this kind of sell off should be at least 2 legged. The arrows just to imply 2 legs, don't mean it will go exactly this way.
ugh. buy signal. implication of a two legged down means it won't happen, and the last couple of days, even the upmoves haven't really been too legged.
If you don't mind, can you tell us when the 1st leg is finished.
Cobra wrote:AUDJPY holds well (green cycle) but this kind of sell off should be at least 2 legged. The arrows just to imply 2 legs, don't mean it will go exactly this way.
Me XMan wrote:If you don't mind, can you tell us when the 1st leg is finished.
Cobra wrote:AUDJPY holds well (green cycle) but this kind of sell off should be at least 2 legged. The arrows just to imply 2 legs, don't mean it will go exactly this way.
I think the morning low is the 1st leg low.
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heavenskrow wrote:Already out of TVIX. now back in cash
too early? see attached image. courtesty mr.keystone - i tend to agree
I can see how you would want out early with all the false starts this week but I have to agree with RA, this pullback is for real. You won't see tvix gains like this summer/fall but the next couple of days may be good. If SPX doesn't hold right now then I'm expecting 1220. Sometimes you just have to let a winning position ride.
I got in at double bottom so I cant be too greedy. I think the pullback will be confirmed with bonds and dollar. They just went to resistance and I have to obey my trading signals. But I plan to get back in TVIX if they are taken out.
heavenskrow wrote:Already out of TVIX. now back in cash
too early? see attached image. courtesty mr.keystone - i tend to agree
I can see how you would want out early with all the false starts this week but I have to agree with RA, this pullback is for real. You won't see tvix gains like this summer/fall but the next couple of days may be good. If SPX doesn't hold right now then I'm expecting 1220. Sometimes you just have to let a winning position ride.
I got in at double bottom so I cant be too greedy. I think the pullback will be confirmed with bonds and dollar. They just went to resistance and I have to obey my trading signals. But I plan to get back in TVIX if they are taken out.
Smart call, I need to learn more about your trading signals since you're way up overall. I'm just trying to catch up
hi,everyone,if you trust my charts like me,i want to say,our spy is now at the $DJSZ's 20110330,$DJSZ is Chinese QQQ maybe,waht i say is CHINA's STOCK MARKET RUN FRONT OF USA'S STOCK MARKET,:).
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Last edited by jynmax on Wed Dec 07, 2011 11:07 am, edited 1 time in total.