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Post by walnut on Feb 22, 2017 13:58:06 GMT -5
it hasn't worked for me yet of course haha still in it
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Post by theMist on Feb 22, 2017 13:58:54 GMT -5
coming up on double top target 17.59ish
LOD 17.61 and that's close enough if you decide to take profits in this area
FED minutes due now!!
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Post by walnut on Feb 22, 2017 14:00:47 GMT -5
It bounced and I didn't get out.
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Post by walnut on Feb 22, 2017 14:01:11 GMT -5
Hard drop after the minutes?
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Post by theMist on Feb 22, 2017 14:02:23 GMT -5
Still holding but that was good spot to take a little profits and it hit just before FOMC release
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Post by theMist on Feb 22, 2017 14:02:48 GMT -5
Hard drop after the minutes? We'll be fine -- nothing said to really spook the markets VXX 17.65 But I am looking to take some profits soon...so far still riding
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Post by theMist on Feb 22, 2017 14:05:09 GMT -5
VXX 5min, 15min indicators still bearish!
Have to trust the charts
VXX 17.67
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Post by theMist on Feb 22, 2017 14:08:25 GMT -5
took some profits
still holding half position
VXX 17.80
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Post by lasvegas77 on Feb 22, 2017 14:11:56 GMT -5
I was kicking myself for getting out too early but now looks like it was a pretty good area to get out. Market is picking up real sellers. 6 points drop real fast.
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Post by theMist on Feb 22, 2017 14:12:22 GMT -5
Market should calm back down again -- I only got out with half position for small profit
That hard bounce was backtest of green rising channel and should continue to drop lower now
VXX 17.84
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Post by theMist on Feb 22, 2017 14:13:37 GMT -5
I was kicking myself for getting out too early but now looks like it was a pretty good area to get out. Market is picking up real sellers. 6 points drop real fast. You have another chance to redo the Scalp! lol VXX hit 17.90 and now trading at 17.80 and should drop lower That hard bounce was reaction to Fed minutes and backtested the green channel break
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Post by theMist on Feb 22, 2017 14:14:55 GMT -5
VXX will calm back down That hard bounce backtested the streep green channel break VXX 5,15 min indicators still bearish and Hourly looks like it wants to rollover as well now VXX 17.79 VXX 17.73 imag
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Post by theMist on Feb 22, 2017 14:19:19 GMT -5
The move down in S&P was a quick drop and tag of support stay calm S&P 15 min VXX 17.70 how to capture screen
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Post by theMist on Feb 22, 2017 14:23:26 GMT -5
relax -- stay calm
VXX should make another run at lod
VXX 17.71
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Post by theMist on Feb 22, 2017 14:28:24 GMT -5
relax, stay calm. VXX chart still bearish and S&P is bouncing markets are calming back down after FOMC minutes and as long as they stay calm VIX SCAMs should continue to grind lower. IMO VXX 17.72 free photo upload
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Post by theMist on Feb 22, 2017 14:29:30 GMT -5
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Post by lasvegas77 on Feb 22, 2017 14:37:53 GMT -5
The fact that the vix had a mini spike after the fed mentioned the vix is too low is concerning. Perhaps they will not use the vix to manipulate the market higher for a while.
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Post by walnut on Feb 22, 2017 14:40:37 GMT -5
They said that? That is an odd thing to say. The VIX is just a sampling of options prices. They don't really need to comment on it IMO. They apparently want people to buy puts and calls, cause that is the only way to get the VIX up, which on its own serves no purpose anyway. Seems like they don't know WTF they are talking about. The fact that the vix had a mini spike after the fed mentioned the vix is too low is concerning. Perhaps they will not use the vix to manipulate the market higher for a while.
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Post by lasvegas77 on Feb 22, 2017 14:42:24 GMT -5
"implied volatility in equity markets appeared inconsistent with the considerable uncertainty attending the outlook for such policy initiatives."
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Post by theMist on Feb 22, 2017 14:42:28 GMT -5
still holding half position
VXX 17.86
final hour coming up -- could be interesting
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