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jaijailyc wrote:am I the only bull here? (at least for this month)
I'm a bull, but I want up & down action. So far, up is the only direction
I trade both directions too but I am more likely to avg down on a Long position but wouldn't do the same for the Short position. At least for this month.
measured move target and trendline resistance here. I think more up.
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Someone told me a simple rule of older traders: when VIX OpEx happens after Quadruple Witching (like now), DON’T be long VIX front month calls…because you gamble against the HOUSE!
Still expecting one more gap down lower low early next week (maybe monday) - one last shake to take out stops -
before santa. Followd by a big gap higher (maybe tuesday) and then blow off top move higher on low holiday volume for 2 weeks into end of year. Chart is following along mid-April:
cougar wrote:Someone told me a simple rule of older traders: when VIX OpEx happens after Quadruple Witching (like now), DON’T be long VIX front month calls…because you gamble against the HOUSE!
I think I post on Monday or Tuesday that Vix is going to mess me up, well, it did somewhat.
My comments are for entertainment/educational purpose only. NOT a trade advice.
PAGING L_T
Not many other folks on board watch metals “fundamentals”
FCX seems especially sensitive to fundamentals
Schwab won’t give me research on ETFs so I watch SLW as an imperfect proxy to get silver news, but don’t always have time to go there.
Still can’t find trusted Gold fundamentals site, do u have a favorite gold site?
PLEASE post when u see stuff like that… I AM WATCHING and I appreciate