|
Post by lasvegas77 on Aug 30, 2017 13:11:12 GMT -5
This counter trend reminds me of days leading up to French elections. Scams dropped right after very hard. So what will make it drop here, Chubby coming out and saying I was just kidding I wont try to nuke Guam Debt ceiling raised will probably be good for a huge plunge.
|
|
|
Post by theMist on Aug 30, 2017 13:25:30 GMT -5
Here comes the long awaited Tax Reform speech from Trump
We get SP 2466 and VXX stays above 47.05 and I go heavy on Bearish positions
|
|
|
Post by lasvegas77 on Aug 30, 2017 13:28:27 GMT -5
what are the current margin requirements at scottrade on vxx and tvix mist? Fidelity still has a 200% tvix requirement. not sure if it will ever go back down again.
|
|
|
Post by theMist on Aug 30, 2017 13:39:42 GMT -5
what are the current margin requirements at scottrade on vxx and tvix mist? Fidelity still has a 200% tvix requirement. not sure if it will ever go back down again. 200% TVIX 45% VXX
|
|
|
Post by walnut on Aug 30, 2017 13:40:26 GMT -5
Hey that looks like the Idiocracy stage!
|
|
|
Post by lasvegas77 on Aug 30, 2017 13:42:02 GMT -5
wow. why do they allow way more leverage on vxx? That's interesting that it's the same on tvix now though. Fidelity has a 100% requirement on vxx.
|
|
|
Post by theMist on Aug 30, 2017 13:44:35 GMT -5
wow. why do they allow way more leverage on vxx? That's interesting that it's the same on tvix now though. Fidelity has a 100% requirement on vxx. not sure if they caught on yet but it is 45% for VXX
|
|
|
Post by theMist on Aug 30, 2017 13:45:58 GMT -5
Also, remember S&P never backtested this breakout
|
|
|
Post by walnut on Aug 30, 2017 13:54:12 GMT -5
Notice that the BB's have sucked up very tight on the 15 minute VXX chart? The current candle has touched both the top and bottom band
The next candle in 3 minutes should be a move one way or the other right away
|
|
|
Post by theMist on Aug 30, 2017 14:00:04 GMT -5
Notice that the BB's have sucked up very tight on the 15 minute VXX chart? The current candle has touched both the top and bottom band The next candle in 3 minutes should be a move one way or the other right away I see that Did you notice that S&P pulled back just 2 handles and VXX shot up to 47.74 VXX trading very sensitive to SP pullback
|
|
|
Post by walnut on Aug 30, 2017 14:01:41 GMT -5
Market wants to hear more of Trump
|
|
|
Post by theMist on Aug 30, 2017 14:06:40 GMT -5
Market wants to hear more of Trump Hes not giving out any details so far lol actually did he say 15% corp tax rate? there's no way 15% will fly IMO
|
|
|
Post by walnut on Aug 30, 2017 14:19:02 GMT -5
He sd that
|
|
|
Post by theMist on Aug 30, 2017 14:37:32 GMT -5
Keep in mind that VXX Daily indicators are bearish and VXX 47.40 range is like a brick floor
I still say the risk is that VXX spikes hard again UNLESS VXX can get below 47.05
I only accumulated 6k shares VXX 47.50 avg
|
|
|
Post by theMist on Aug 30, 2017 14:53:05 GMT -5
Interesting: 300M to BUY going into the close
talk to you guys later
Holding VXX long overnight
|
|
|
Post by ipath on Aug 30, 2017 21:48:19 GMT -5
thanks again for the chart Mist, i was able to see it better on my laptop and see what you meant
|
|