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Post by huh on Feb 22, 2017 8:01:37 GMT -5
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Post by huh on Feb 22, 2017 8:02:31 GMT -5
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Post by huh on Feb 22, 2017 8:03:10 GMT -5
Frontrunning: February 22 Euro Slips, Bonds Gain as Investors Turn Cautious (BBG) Fed Minutes Could Offer Hints on Timing of Rate Rises, Balance Sheet Moves (WSJ) Trump's new security advisor differs from him on Russia, other key issues (Reuters) Tillerson, Kelly Head to Mexico for Talks Amid Diplomatic Tensions (WSJ) Why Trump’s Immigration Crackdown Could Sink U.S. Home Prices (BBG) Auto Makers Ask EPA’s Pruitt to Reverse Fuel-Economy Decision (WSJ) Canada PM: will not halt illegal border crossing despite opposition (Reuters) North Korean Embassy Official Sought in Kim Jong Nam Killing (WSJ) McDonald's to Cut Prices on Drinks as Fast-Food Industry Slumps (BBG) IPO's 543% Surge Halted by Hong Kong Regulators on Its Debut (BBG) Wall Street Getting Anxious on Bank Rally as Downgrades Pile Up (BBG) Uber CEO Apologizes for Company Culture (BBG) Spokesman for Turkey's Erdogan calls on Israel to halt 'illegal settlements' (Reuters) Britain's top court backs government on immigration income test (Reuters) Planting Decision a No-Brainer as U.S. Farmers Switch From Corn to Soy (BBG) In Bavarian town, Syrian sisters get to grips with Germany's freedoms (Reuters) U.S. appeals court upholds Maryland's ban on assault rifles (Reuters) ABB Uncovers $100 Million Korean Fraud as Suspect Vanishes (BBG) Iran ready to give U.S. 'slap in the face': commander (Reuters) PSA says will honor existing Opel job guarantees (Reuters) www.zerohedge.com/news/2017-02-22/frontrunning-february-22
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Post by theMist on Feb 22, 2017 8:19:28 GMT -5
If VXX decides to keep within that counter-trending white channel to get out of this freefall -- I'm okay with it. There's plenty of wiggle room within it. Just have to be careful it doesn't shoot into a steeper rising channel (like S&P is currently in - lol). As long as VXX maintains normal support/resistances and acts appropriately -- we should still be able to make $$ trading them. So far looks like white channel is holding and VXX looks like it wants to backtest the red descending channel line from above it now.
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Post by theMist on Feb 22, 2017 8:22:40 GMT -5
Walnut - Don't be scared to take another stab at shorting VXX -- you can keep it small if your shy after yesterday's one day anomaly. IMO And keep watching VXX premarket chart. Stick to the program. IMO Yesterday was just a bad one day anomaly. SCAMs are already acting like they should. VXX went from 17.97 to 17.87 in premarket along with S&P futures coming back.
Yesterday - we chased prematurely and VXX made that candle outside its lower BB and got confirmation indicating oversold conditions in short term. I was hoping it was a red hollow instead of green solid. 'the candlestick fiasco'
SCAMs should close the morning gap and should make for a good scalp. IMO What they do after that we'll have to chart out...
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Post by theMist on Feb 22, 2017 8:35:38 GMT -5
Now short TVIX 16k in IB Now short 4k VXX in Scottrade
looking to Scalp / take profits
On phone with Scottrade going over margin requirements for shorting VXX
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Post by walnut on Feb 22, 2017 8:38:08 GMT -5
Looking a little better now, sold 4000 VXX at 17.86
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Post by walnut on Feb 22, 2017 8:38:45 GMT -5
Gotta take my son to school will be back shortly
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Post by theMist on Feb 22, 2017 8:48:31 GMT -5
VXX Chart We want to see VXX stay within that white counter-trending rising channel and possibly stay back down within that large RED descending channel still have to exercise caution today VXX 15m premarket chart upload a gif
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Post by theMist on Feb 22, 2017 8:57:08 GMT -5
So it turns out if I go into a fed call with Scottrade -- I just need to email them that I will be out of position by eod and they shouldn't touch my account. That helps.
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Post by theMist on Feb 22, 2017 9:09:22 GMT -5
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Post by theMist on Feb 22, 2017 9:22:56 GMT -5
I notice VXX, UVXY all over the place this morning in a small range back and forth AND TVIX hasn't even budged
VXX 17.91, UVXY 21.05, TVIX 4.57
switching to regular market charting
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Post by walnut on Feb 22, 2017 9:26:33 GMT -5
hanging man candle forming?
oops maybe not
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Post by theMist on Feb 22, 2017 9:28:20 GMT -5
hanging man candle forming? oops maybe not you mean on VXX 15 min? the only problem is its definitely not confirming at market open in 2 mins. VXX is well above it. lol
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Post by walnut on Feb 22, 2017 9:32:27 GMT -5
Actually it was a pre-market candle but it never panned out anyway
That closing one from yesterday definitely didn't confirm
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Post by theMist on Feb 22, 2017 9:34:52 GMT -5
VXX is testing that red descending channel line from underneath as I type Just tagged it at VXX 17.99 HOD upload gambar
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Post by theMist on Feb 22, 2017 9:37:45 GMT -5
Need SCAMs to drop back down and fill morning gap up Dont want to see VXX test 18.40 VXX 18.02
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Post by theMist on Feb 22, 2017 9:40:05 GMT -5
VXX broke above red channel and should backtest the line VXX 18.08 staying calm still -- VXX breaches 18.40 and that won't be good VXX hitting a little resistance image hosting sites
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Post by walnut on Feb 22, 2017 9:41:15 GMT -5
what is your mental stop
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Post by theMist on Feb 22, 2017 9:43:16 GMT -5
VXX 18.40 -- that breaches and I invoke new rules of engagement which is basically trade very small and light going forward contango still over 10%
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