|
Post by theMist on Feb 21, 2017 11:59:24 GMT -5
Make that 9k short TVIX in IB Have to get used to new order screen -- it was preset to 1k instead . lol VXX 17.63 TVIX 4.43
|
|
|
Post by walnut on Feb 21, 2017 11:59:44 GMT -5
sold 4000 more at 17.63
|
|
|
Post by walnut on Feb 21, 2017 12:00:50 GMT -5
|
|
|
Post by theMist on Feb 21, 2017 12:02:31 GMT -5
VXX 15 min chart -- nailed that upper white line that I drew. So far VXX HOD 17.74 Should rollover now BUT it can try and spike one or two more times towards its UPPER BB if S&P decides to sell but I see S&P bouncing at these levels picture sharing
|
|
|
Post by theMist on Feb 21, 2017 12:04:22 GMT -5
That was definitely the sweet spot to take stab at shorting VIX SCAMs at VXX HOD 17.74
|
|
|
Post by theMist on Feb 21, 2017 12:11:23 GMT -5
I'm definitely going to have to go completely with IB moving forward.
Not easy managing 2 broker accounts, especially if things get crazy and swing wildly and today is not a crazy, wild swing day. lol
|
|
|
Post by theMist on Feb 21, 2017 12:12:42 GMT -5
|
|
|
Post by theMist on Feb 21, 2017 12:17:23 GMT -5
Come on my babies! Rollover and go deep RED!! VXX 17.57
|
|
|
Post by walnut on Feb 21, 2017 12:19:53 GMT -5
VXX frozen in place!
|
|
|
Post by theMist on Feb 21, 2017 12:20:51 GMT -5
VXX 17.58
I have max position on in Scott 23k short VXX Down $1200
I'm up $233 in IB. lol
|
|
|
Post by theMist on Feb 21, 2017 12:22:41 GMT -5
It's going to take more time on this right side to try and even out more like the left side. For VXX to drop back down hard right now - it would mean a small RS. And VXX might try to pop back up again. Do you see that its trying to form a large H&S? Head at 18.04 and its slanted. That lower white line that I have drawn could be considered the neckline. Of course, like any other pattern, the H&S would need confirmation.
|
|
|
Post by theMist on Feb 21, 2017 12:24:54 GMT -5
|
|
|
Post by theMist on Feb 21, 2017 12:28:04 GMT -5
Nice! Nice! My babies!! VXX 17.52
|
|
|
Post by theMist on Feb 21, 2017 12:35:08 GMT -5
Wow! IB has 1.1M shares of TVIX to short.
Scottrade never got up to those numbers
|
|
|
Post by theMist on Feb 21, 2017 12:36:22 GMT -5
Do you see the pattern Walnut?
VXX is trying to put in a right shoulder. And it needs to spend more time in this area to balance out like the left shoulder.
Have to be open that VXX can even try and spike again toward HOD.
VXX 17.55
But our position should be safe. IMO Especially with S&P green and not showing any sign of hard selling (hitting support) and contango at 10-11%
|
|
|
Post by walnut on Feb 21, 2017 12:38:53 GMT -5
I see it, would not have seen it if you had not spotted it. Hope that is what it is
|
|
|
Post by theMist on Feb 21, 2017 12:41:39 GMT -5
I see it, would not have seen it if you had not spotted it. Hope that is what it is One of the hardest things to do is to chart, make calls and trade in real time. You have to be real fast and have to be sharp. Looking at charts at EOD, EOW, is hindsight. Real-time is a whole different league. Just be careful, for future reference, when you chase shorting VXX especially when VXX makes a candle completely outside its lower BB. I know its easy for me to say in hindsight.
|
|
|
Post by theMist on Feb 21, 2017 12:43:49 GMT -5
Draw the white lines on your VXX 15 min chart.
VXX can spike toward HOD again. Have to be open to it.
We really don't want to see that upper white line get violated real hard. Quick spike ok. But not solid move with closing candles above it.
|
|
|
Post by theMist on Feb 21, 2017 12:46:55 GMT -5
We should have a rule for going forward -- because it seems to be holding true lately.
Only look to really go all in shorting VIX SCAMs when they are green only.
If you think about how the market has been trading, S&P gaps up, SCAMs gap down, and then S&P pullsback and SCAMs look to close morning gap and go green.
When chasing, keep it real small and have in back of your head that SCAMs can go green AND that's when you look to go max position. Try to be more patient, especially with chasing SCAMs.
just my 2 cents
|
|
|
Post by walnut on Feb 21, 2017 12:49:29 GMT -5
maybe about to roll over finally
|
|