Posted by frtaylor on 10th of Nov 2023 at 09:25 am
SPY has traded just short of halfway up yesterday's down candle
(in extended hours). Nice r/r spot for a short, which I did short.
Past the halfway point and I'm out.
Posted by frtaylor on 18th of Oct 2023 at 10:57 am
Steve/Matt, re: supply, now that we're below yesterday's low.
Would you ID supply (i.e. resistance) as 4337.xx to 4348.xx? I.e.,
the high and then low that occurred yesterday in the first 30 min
of trading.
Matt, I don't understand the 2nd paragraph on the mean reversion
systems note you just emailed out. I.e., "a trend/hold
condition triggered on the QE BTS and RSI Oversold systems, which
WILL NOT HAVE (my emphasis) those systems holding beyond a simple
mean-reversion." Wouldn't the triggered trend/hold condition mean
they WILL hold beyond simple mean reversion?
Matt, today is the 10th trading day that the first SPY system
trade (on Sept 18) has been open. How does that compare to the
average period, do you know? I'm asking because if we have a lower
low (like tagging the 200dma) I may take a call with a tight stop,
and I am not yet sure how far out I'll go.
Posted by frtaylor on 28th of Sep 2023 at 11:19 pm
Matt or Steve, would you pls comment on the pattern that I see
on HYG: "M" topping pattern, with July 13 and Sept 1 being
the left and right shoulders of the "M." Is it not true that once
the middle dip of the M is breached, you shouldn't see price go
back above it, or much above it? If so, and if the pattern plays
out, price should drop pretty quickly here, maybe after testing and
failing at the 9ema - ?
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As mentioned, shorted in extended
SPY has traded just short of halfway up yesterday's down ...
Posted by frtaylor on 10th of Nov 2023 at 10:28 am
As mentioned, shorted in extended market hours at 15.06 SPXS. Very small loss.
Yes, but you have to
SPY has traded just short of halfway up yesterday's down ...
Posted by frtaylor on 10th of Nov 2023 at 10:12 am
Yes, but you have to put your stop somewhere. Mine was above the halfway point.
Got taken out, and now
SPY has traded just short of halfway up yesterday's down ...
Posted by frtaylor on 10th of Nov 2023 at 10:06 am
Got taken out, and now of course it's going lower. But not a bad trade considering the loss was very small.
SPY has traded just short
Posted by frtaylor on 10th of Nov 2023 at 09:25 am
SPY has traded just short of halfway up yesterday's down candle (in extended hours). Nice r/r spot for a short, which I did short. Past the halfway point and I'm out.
Man, I closed my put
YETI congrats to those who kept some short
Posted by frtaylor on 9th of Nov 2023 at 09:44 am
Man, I closed my put too early! Should have taken 2 puts and then closed 1/2.
I had an order in,
JETS airline ETF trade follow up
Posted by frtaylor on 8th of Nov 2023 at 10:27 am
I had an order in, it looked like a bear flag on the 60 min chart, but didn't turn out that way.
That's not what I'm seeing,
VIX right on the lower BB...
Posted by frtaylor on 24th of Oct 2023 at 04:26 pm
That's not what I'm seeing, at least on Matt's daily VIX chart. Are you looking at an intraday chart?
Next week is one of
HYG is green today on a very red day overall.
Posted by frtaylor on 20th of Oct 2023 at 02:48 pm
Next week is one of the seven "Nasty Weeks." I'm going to be very circumspect regarding taking longs.
Steve/Matt, re: supply, now that
Posted by frtaylor on 18th of Oct 2023 at 10:57 am
Steve/Matt, re: supply, now that we're below yesterday's low. Would you ID supply (i.e. resistance) as 4337.xx to 4348.xx? I.e., the high and then low that occurred yesterday in the first 30 min of trading.
Right. Unfortunately for me I
SPX 60 Updated View
Posted by frtaylor on 12th of Oct 2023 at 02:32 pm
Right. Unfortunately for me I wasn't home until after the drop was well underway.
If it's a WXY, price
SPX 60 Updated View
Posted by frtaylor on 12th of Oct 2023 at 02:26 pm
If it's a WXY, price would now drop to a lower low (<4216), right?
Or it could make a
SPX, QQQ comments
Posted by frtaylor on 12th of Oct 2023 at 02:17 pm
Or it could make a lower low to complete a larger 5 down, with these last 3 days being wave 4.
Matt, I don't understand the
Posted by frtaylor on 9th of Oct 2023 at 07:36 pm
Matt, I don't understand the 2nd paragraph on the mean reversion systems note you just emailed out. I.e., "a trend/hold condition triggered on the QE BTS and RSI Oversold systems, which WILL NOT HAVE (my emphasis) those systems holding beyond a simple mean-reversion." Wouldn't the triggered trend/hold condition mean they WILL hold beyond simple mean reversion?
Matt, today is the 10th
Posted by frtaylor on 2nd of Oct 2023 at 03:16 pm
Matt, today is the 10th trading day that the first SPY system trade (on Sept 18) has been open. How does that compare to the average period, do you know? I'm asking because if we have a lower low (like tagging the 200dma) I may take a call with a tight stop, and I am not yet sure how far out I'll go.
Matt or Steve, would you
Posted by frtaylor on 28th of Sep 2023 at 11:19 pm
Matt or Steve, would you pls comment on the pattern that I see on HYG: "M" topping pattern, with July 13 and Sept 1 being the left and right shoulders of the "M." Is it not true that once the middle dip of the M is breached, you shouldn't see price go back above it, or much above it? If so, and if the pattern plays out, price should drop pretty quickly here, maybe after testing and failing at the 9ema - ?
IYT - morning star pattern
Posted by frtaylor on 28th of Sep 2023 at 04:20 pm
IYT - morning star pattern on daily chart. A lot of resistance overhead, w/ various moving averages.
GDX filled the gap and
GDX has a gap to fill down to 26.72. Holding ...
Posted by frtaylor on 27th of Sep 2023 at 02:37 pm
GDX filled the gap and reversed.
That seems like a good
Started buying UVXY Oct puts.
Posted by frtaylor on 27th of Sep 2023 at 12:26 pm
That seems like a good trade. What strike did you buy? Why October, vs. November.
GDX has a gap to
Posted by frtaylor on 27th of Sep 2023 at 11:39 am
GDX has a gap to fill down to 26.72. Holding a put from yesterday, will close on the gap fill.
Thx
Matt, are you seeing anything intraday indicating the SPY subsystems ...
Posted by frtaylor on 26th of Sep 2023 at 02:40 pm
Thx