jde77tex wrote:Cobra... can you comment on what your thoughts are currently on VXX? The VIX is up 7% and yet the VXX is down 1.7%??
Thanks for any input.
lack of arbitrages as there is no physical or synthetic vix index.
jde77tex wrote:Cobra... can you comment on what your thoughts are currently on VXX? The VIX is up 7% and yet the VXX is down 1.7%??
Thanks for any input.
don't trade VXX, it's nothing to do with VIX. If you can short VXX, maybe that's a good idea, just hold it and let it drop to zero.
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Cobra wrote:ok, breakout as I said. here's 100% measured move target.
I've only been watching you for a few weeks, but from what I've seen, you are absolutely ridiculous at analyzing the market. Do you put any weight to what the VWAP is doing?
Nice call yet again!
Cobra's view of market analysis is not perfect and nobody is perfect anyway. Calling his work "ridiculous" showing you have no appreciation of his hard work, yet POORLY understanding of technical analysis and other aspects; therefore making such a comment like that on here shows very much of your poor attitude, but yet funny thing is you are still here to cling like a leech.
I've been a MOMENTUM trader over a decade & I only trade setups ranging from scalping, day or swing trading for living. My posts on here are ONLY FOR FUN & therefore not recommending anything to anyone. GLTA.
critical time. pullback to the original consolidation area is a very normal pattern, but now it's bull's turn. usually should be a rebound somewhere around there to test the afternoon high then we'll see.
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Cobra wrote:ok, breakout as I said. here's 100% measured move target.
I've only been watching you for a few weeks, but from what I've seen, you are absolutely ridiculous at analyzing the market. Do you put any weight to what the VWAP is doing?
Nice call yet again!
I read only chart pattern so, no, I don't pay any attention to vwap. Any tips for using vwap? I know lots people like vwap.
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Cobra wrote:ok, breakout as I said. here's 100% measured move target.
I've only been watching you for a few weeks, but from what I've seen, you are absolutely ridiculous at analyzing the market. Do you put any weight to what the VWAP is doing?
Nice call yet again!
I read only chart pattern so, no, I don't pay any attention to vwap. Any tips for using vwap? I know lots people like vwap.
I think when he uses the word "ridiculous" it's a compliment, like "you're ridiculously good".
WesMantooth wrote:I meant ridiculous in the "absurd" sense of the word b/c he is right so much. Hence the last sentence.
yes, I know.
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OK, rebound to test the afternoon high as I said, but, there's a but here, the rebound doesn't have to make a higher high or even close to the previous high, it could fail at any point if there're really some bears around. For now, I'll call that we'll see a small higher high at least.
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too bad, wrong bet. now let's see if the next blue line could hold.
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Cobra wrote:ok, breakout as I said. here's 100% measured move target.
I've only been watching you for a few weeks, but from what I've seen, you are absolutely ridiculous at analyzing the market. Do you put any weight to what the VWAP is doing?
Nice call yet again!
Cobra's view of market analysis is not perfect and nobody is perfect anyway. Calling his work "ridiculous" showing you have no appreciation of his hard work, yet POORLY understanding of technical analysis and other aspects; therefore making such a comment like that on here shows very much of your poor attitude, but yet funny thing is you are still here to cling like a leech.
Well, thanks for defending me. much appreciated.
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Cobra wrote:ok, breakout as I said. here's 100% measured move target.
I've only been watching you for a few weeks, but from what I've seen, you are absolutely ridiculous at analyzing the market. Do you put any weight to what the VWAP is doing?
Nice call yet again!
I read only chart pattern so, no, I don't pay any attention to vwap. Any tips for using vwap? I know lots people like vwap.
I use the VWAP for intraday trades. It serves as confirmation – as long as SPY is trading above the VWAP, I usually give the rally the benefit of the doubt. If it crosses the VWAP to the downside, I will short with a stop at the VWAP (it’s amazing used as support/resistance).
Use it on an intraday 1 minute time frame. It is a powerful compliment to traditional chart reading.
should be rebound of some kind here. we'll see after that.
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WesMantooth wrote:
I use the VWAP for intraday trades. It serves as confirmation – as long as SPY is trading above the VWAP, I usually give the rally the benefit of the doubt. If it crosses the VWAP to the downside, I will short with a stop at the VWAP (it’s amazing used as support/resistance).
Use it on an intraday 1 minute time frame. It is a powerful compliment to traditional chart reading.
Thanks. I'll do research.
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