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Post by walnut on Feb 23, 2017 10:51:17 GMT -5
I'm willing to try scalping today but even that is tough when the tide is against you.
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Post by walnut on Feb 23, 2017 10:52:11 GMT -5
VXX price stabilizing some lately
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Post by theMist on Feb 23, 2017 10:54:31 GMT -5
Trump coming up
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Post by theMist on Feb 23, 2017 10:54:49 GMT -5
I'm willing to try scalping today but even that is tough when the tide is against you. I would avoid them. IMO ES channel broke -- S&P cash chart still in channel though but still rolling
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Post by walnut on Feb 23, 2017 10:59:15 GMT -5
I was on the phone... wow got ugly
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Post by walnut on Feb 23, 2017 11:00:34 GMT -5
That SP-500 channel just widened, I guess we have our answer
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Post by walnut on Feb 23, 2017 11:01:53 GMT -5
How much have you given back this week Rob? Me 5500.
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Post by theMist on Feb 23, 2017 11:02:47 GMT -5
VXX is making higher lows and higher highs -- channeling out and counter trending
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Post by walnut on Feb 23, 2017 11:05:33 GMT -5
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Post by theMist on Feb 23, 2017 11:07:05 GMT -5
How much have you given back this week Rob? Me 5500. about 12-13k but I'm still in the trade with Scottrade (barely). So now only up about 50k for the year and up last year as well.
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Post by clinton on Feb 23, 2017 11:07:42 GMT -5
pinch me Im dreaming
CDE RIC TZA SPXU all green at the same time
weeeeeeeeeeeeeeeeeeeeeeeeeeeee
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Post by walnut on Feb 23, 2017 11:07:45 GMT -5
There is a support line here
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Post by theMist on Feb 23, 2017 11:08:39 GMT -5
time to short UPRO
I'm out and flipping trade
went long TVIX (small position) -- hoping not to get whipsawed
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Post by walnut on Feb 23, 2017 11:10:54 GMT -5
damn 18.57
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Post by walnut on Feb 23, 2017 11:11:24 GMT -5
Step away from the keyboard
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Post by theMist on Feb 23, 2017 11:13:10 GMT -5
Step away from the keyboard yep -- no trades now not wise to go long TVIX got out with small profit -- they can swing wildly Need to step back and re-assess I believe shorting UPRO will be the way to go
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Post by theMist on Feb 23, 2017 11:15:09 GMT -5
S&P is now out of its steep channel and tagging BREAKAWAY GAP support
no trades on
limited damage done
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Post by theMist on Feb 23, 2017 11:20:51 GMT -5
no trades -- trading environment is changing
need to wait until easy trade returns
And that might mean just shorting UPRO, UDOW for now and play the bear side a little. We'll see
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Post by lasvegas77 on Feb 23, 2017 11:23:41 GMT -5
I just woke up. Looks like it's not a good day to short tvix. They really pushed this up at the open i see. Okay. going back to bed guys.
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Post by theMist on Feb 23, 2017 11:25:10 GMT -5
not even looking at VIX SCAMs
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