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Post by huh on Feb 24, 2017 7:59:42 GMT -5
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Post by huh on Feb 24, 2017 8:00:26 GMT -5
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Post by huh on Feb 24, 2017 8:01:01 GMT -5
Frontrunning: February 24 Futures drop along with oil prices (Reuters) The U.S. Is the World’s Third-Best Equity Market Since 1900 (BBG) U.S. Talks With Mexico Clouded by Mixed Message (WSJ) A Tea Party for the left? Liberals hope so (Reuters) Kushner, Ivanka Trump Block Attack on Paris Pact (WSJ) Saudi Arabia’s Oil Wealth Is About to Get a Reality Check (BBG) Trump Considers Sending More Troops to Fight ISIS (WSJ) No Engines? No Toilets? Jet Makers Struggle to Fill Orders Fast Enough (WSJ) Trump's transgender move puts spotlight on Supreme Court case (Reuters) Olympics in ‘Crisis’ as Just Two Cities Vie to Host Summer Games (BBG) RBS Will Cut $2.5 Billion of Costs After Ninth Straight Loss (BBG) White House Will Enforce Ban on Recreational Marijuana (BBG) Tesla's 'close to the edge' cash foretells capital raise (Reuters) Trump Deportation Policy to Echo in Real Time as Farm Wages Rise (BBG) Billionaire Adelson Reaps Benefits From Big Republican Donations (BBG) Capital One Discloses Probe Over Anti-Money Laundering (WSJ) Kansas man charged in shooting of two Indians in possible hate crime (Reuters) Investors Flock to Supercharged Gold Bet That's Returned 180% (BBG) Traders drain pricey U.S. oil storage as OPEC deal bites (Reuters) Junk Bond Manager Beating 98% of Peers Bets on Stressed Debt (BBG) www.zerohedge.com/news/2017-02-24/frontrunning-february-24
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Post by huh on Feb 24, 2017 8:01:57 GMT -5
Don't let this market crash without me!
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Post by theMist on Feb 24, 2017 8:34:17 GMT -5
A beautiful thing! lol especially when long overnight 19k tvix VXX 18.93, TVIX 5.11 free jpeg images
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Post by theMist on Feb 24, 2017 8:39:12 GMT -5
Walnut - with IB, if you are maxed out on a position overnight and you sell it, are you able to retrade in and out all day?
With IB, I have current available funds of around $47k and I'm long around 10k TVIX from overnight. I'm not max maxed out obviously but was just curious
IB buying power 178K
I'm actually long 10k TVIX in IB and 10k long in Scott. I had 19k overnight. Added 1k to IB this morning to even out to 20k long tvix
With Scottrade, you need to have Buying Power coming into the day to trade in/out of it. I am long 9k in Scottrade. I'm new to IB as you know.
?
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Post by theMist on Feb 24, 2017 8:52:51 GMT -5
This was the dangerous candle for VXX. Remember - I thought it was a red hollow and instead turned out to be a green solid (my new fstockcharts premium settings were off) indicating much more stronger bounce. And candle was made completely outside its lower BBs VXX double bottom measures low 20s photo sharing
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Post by theMist on Feb 24, 2017 9:01:15 GMT -5
Most of Europe down 1.5-2%
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Post by walnut on Feb 24, 2017 9:12:48 GMT -5
Yes, I believe that you are able to. Not positive though Walnut - with IB, if you are maxed out on a position overnight and you sell it, are you able to retrade in and out all day? With IB, I have current available funds of around $47k and I'm long around 10k TVIX from overnight. I'm not max maxed out obviously but was just curious IB buying power 178K I'm actually long 10k TVIX in IB and 10k long in Scott. I had 19k overnight. Added 1k to IB this morning to even out to 20k long tvix With Scottrade, you need to have Buying Power coming into the day to trade in/out of it. I am long 9k in Scottrade. I'm new to IB as you know. ?
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Post by theMist on Feb 24, 2017 9:16:29 GMT -5
Yes, I believe that you are able to. Not positive though Walnut - with IB, if you are maxed out on a position overnight and you sell it, are you able to retrade in and out all day? With IB, I have current available funds of around $47k and I'm long around 10k TVIX from overnight. I'm not max maxed out obviously but was just curious IB buying power 178K I'm actually long 10k TVIX in IB and 10k long in Scott. I had 19k overnight. Added 1k to IB this morning to even out to 20k long tvix With Scottrade, you need to have Buying Power coming into the day to trade in/out of it. I am long 9k in Scottrade. I'm new to IB as you know. ? I'll call them to confirm. Thx
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Post by walnut on Feb 24, 2017 9:17:21 GMT -5
If this is a significant drop, I think contango will be collapsing down soon. So far it is just expanding.
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Post by walnut on Feb 24, 2017 9:21:02 GMT -5
hey, ask them how to get that market orders imbalance info that is in their data subscriptions
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Post by theMist on Feb 24, 2017 9:25:16 GMT -5
So looking back, the warning signs were there -
1. VIX SCAMs rising with ES - trading 'broken' as I would say even with heavy contango (which can change as we know). Also, bear ETFs have been rising as well -- TZA, FAZ, DRV, etc.
2. Scottrade doesn't allow shorting TVIX under $5 so I go out of my way to open account in IB which does and my first 2-3 trades were losers. lol
3. 10 straight record high closes for the DOW
4. S&P in steep (and I mean straight up) rising channel which absolutely cannot be sustained. I have it pegged easily over 100% and even more like 158% annual return. This channel is way steeper than the rising 11-13% rise we've been in since the 2009 lows. My SP2460ish long term target based off large INVERSE H&S was supposed to hit by summer. And the rate the S&P has been climbing, it would have hit next month. lol 5. S&P stopped bothering to backtest the breakouts and even gapped over long term rising resistances. The first one was the breakout above S&P2300 that never got backtested. S&P also left behind 2 Breakaway GAPs that will absolutely get filled. S&P 2319.23-2321.42 and S&P 2351.30-2354.91. Just a question of when.
6. Scottrade closes me out of my short VIX SCAM position without my knowledge. For the first time! Due to fed call.
7. VXX candlestick fiasco. Is the candle red hollow or is it green?! lol. Obviously, its green and indicates much stronger bounce. Did a ton of chart work in new fstockcharts premium and overlooked a candlestick setting on my VXX 15 min chart.
8. Fighting with wife. You're spending too much time on the computer!! And she flipped out on me! lol All is now well and we've made up.
9. Didn't realize the volume on my TV was on 13. That's a bad luck number. lol Quickly changed volume back to 11 or 7 which is much better. I know! I know! Just a foolish little superstition of mine.
10. LasVegas shows up and issues the warning sign and he was right. Glad to see LasVegas posting along with us. He's a really cool guy.
11. Oldest Lab (who is very old and not doing so well) gave us a scare yesterday and thankfully has propped back up a little. Sadly though, just a matter of time.
12. Wednesday was the first time in a long time that I took a significant loss and adjusted yesterday with smaller positions but still got whipsawed until I finally went long VIX SCAMs and held overnight and will do so going forward until I see some targets and gaps get filled in VIX SCAMs.
13. Some other personal stuff going on my life and the SHTF these past 2 days BUT things now seem to be getting better.
14. Even Jack is having a bad week and is having car issues. We've going back and forth with PM.
I'm sure I left out a few more but I think this is the Good Lord above trying to tell me something! lol
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Post by theMist on Feb 24, 2017 9:26:02 GMT -5
hey, ask them how to get that market orders imbalance info that is in their data subscriptions I have to say IB is the worst to get thru to. I'm on hold for 10 mins so far
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Post by walnut on Feb 24, 2017 9:27:17 GMT -5
I haven't needed to call them for a pretty long time, but I don't remember having to wait like that
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Post by theMist on Feb 24, 2017 9:29:48 GMT -5
I'm done holding with IB They really do suck when it comes to trying to get through to them.
I just tried to put in an order to buy more TVIX (10k) and its letting me so I'm sure I'll be fine if I decide to trade in/out of it
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Post by walnut on Feb 24, 2017 9:30:07 GMT -5
Yeah Lasvegas is the only one who was genuinely right about this drop, I was certainly willing to accept it as a possibility but he forecasted it.
Well, among us three. I'm sure Huh and some others were in that camp too.
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Post by walnut on Feb 24, 2017 9:33:34 GMT -5
SPY futures to this moment look like a rounded bottom forming already? Can't trust it though.
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Post by walnut on Feb 24, 2017 9:38:38 GMT -5
"I'm sure I left out a few more but I think this is the Good Lord above trying to tell me something! lol "
You left me curious what you think that might be? Maybe I need to hear it too haha
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Post by theMist on Feb 24, 2017 9:38:40 GMT -5
Yeah Lasvegas is the only one who was genuinely right about this drop, I was certainly willing to accept it as a possibility but he forecasted it. Well, among us three. I'm sure Huh and some others were in that camp too. This is just a much needed pullback and selloff in markets. I'm seeing correction and not beginnings of BEAR Market BUT that can change. Also, I've gone back and forth with Jim about measuring iH&S targets and there are differing views. Using log scale, you can simply measure the target by drawing a line from Head to neckline and then take that vertical line and place it at the breakout above to get your target If you use Bullkowski and do the math the target was already hit at S&P2334ish. But thats using math and jives more with arithmetic scale.
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