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ES short systems

Posted by donkeyface on 13th of Sep 2022 at 09:39 am

      

Wish trading View had the

ES Levels (9/30)

Posted by donkeyface on 12th of Sep 2022 at 10:22 pm

Wish trading View had the red/green s&r horizontals like StockCharts

Assuming these levels are updated for the new dec22 contracts?   so much easier to just keep up with SPX cash levels.

  

When the trend is not your friend

Posted by donkeyface on 8th of Sep 2022 at 09:26 am

  

I never really understand these, or at least not how they are interpreted.       

could just have a channel for each index, each system even... I'm a discord nerd though.   I love it.   Easier to keep up on my screens when trading. 

Ever consider a Discord group? 

Posted by donkeyface on 22nd of Aug 2022 at 04:57 pm

Ever consider a Discord group? 

thanks!!!   I took some

SPX 5

Posted by donkeyface on 19th of Aug 2022 at 11:58 am

thanks!!!   I took some off at the '25

I rarely swing trade, but

SPX 5

Posted by donkeyface on 19th of Aug 2022 at 07:59 am

I rarely swing trade, but took a lofty SPX trade short yesterday … PUTS 30Sept4150….  Feeling more nervous that it’s working than I would be if it wasn’t.

Hopefully the chart makes it easy and it Gaps & GO’s.

As you know gaps can be filled quite quickly if it’s opposite the trend (in up trends gap downs are generally quickly filled and vice versa),   Where would you consider this down turn invalidated?   4302-4305?

Thanks 


(2hr chart added)

Thanks for this!

So,  in some SPX (not

SPX 60

Posted by donkeyface on 19th of Aug 2022 at 07:55 am

So,  in some SPX (not SPY) puts (probably a bit over leveraged,  bought yesterday) went 30Sept4150,  

I’m fairly confident this could be a gap and a gap test but not fill and then go….  That massive monthly, weekly, daily diagonal downtrend line acted as resistance perfectly,  

and the daily has macd and stochastics and rsi all turned down now with finally a bit of mini-divergence on the 3day stochastics.   Weekly is potentially still strong.

All this everyone knows if they listen nightly like me.  

😂 

Anyway,  any recommendations on how to manage this position? 

I feel like this Higher

Tuesday Newsletter

Posted by donkeyface on 16th of Aug 2022 at 11:26 pm

I feel like this Higher Low on VIX(60min) vs. SPX's Higher High.... might have been understated.   I expected to hear a siren with fireworks.   In my experience,  this is pretty rare and when it happens........ some nice shorts are likely. :-)

BPT has been nailing this whole thing.   Love it.

You called that pretty clearly yesterday when you mentioned the 30min SPX... "Might see a drop or sideways tomorrow, before the rally continues" (paraphrasing)  ðŸ˜Š 

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