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had an order in for

HRTG Update

Posted by frtaylor on 25th of Mar 2015 at 10:01 am

had an order in for 21.62. Didn't fill  Frown

Currently back-testing the lower side down trend line on 15 min chart (not drawn in on your chart).

CYBR holding the 9ema so

Posted by frtaylor on 25th of Mar 2015 at 09:49 am

CYBR holding the 9ema so far. Strong relative to the drop in the market.

Idk, but you can always

Quick Observation

Posted by frtaylor on 24th of Mar 2015 at 06:32 pm

Idk, but you can always put a buy stop in for 1/2 way up today's candle w/ a stop just below today (or tomorrow if it does a red to green).

PXD 15 min chart: double

Posted by frtaylor on 24th of Mar 2015 at 03:11 pm

PXD 15 min chart: double bottom. I drew a symmetrical triangle, it's broken that.

Matt, I pm'd you re:

SPX 60 and 30 min

Posted by frtaylor on 24th of Mar 2015 at 02:39 pm

Matt, I pm'd you re: paper trades on e-minis based on your 30 min video. Would love to get a moment w/ you regarding results so far, which are negative.

The 9 ema coincides with

SPX 60 and 30 min

Posted by frtaylor on 24th of Mar 2015 at 02:23 pm

The 9 ema coincides with that uptrend line, at 2090.60.

Thanks! I had it on

AFSI Update

Posted by frtaylor on 24th of Mar 2015 at 08:42 am

Thanks! I had it on my radar, had forgotten it was from you!

Steve, if you have time,

Posted by frtaylor on 23rd of Mar 2015 at 10:27 pm

Steve, if you have time, take a look at AFSI. Daily chart is either inv. h/s or cup/handle. Either way, looks like it's already broken out, after a nice retest of broken down trend line on 3/15 - 3/17.

I want to buy some. Any reason not to, chart-wise? It's really close to new all-time highs. An IBD 50 stock.

Thanks.

Target hit, trade is done.

SPX Intraday Views

Posted by frtaylor on 23rd of Mar 2015 at 03:56 pm

Target hit, trade is done.

Target is SSO 134.35.

SPX Intraday Views

Posted by frtaylor on 23rd of Mar 2015 at 03:25 pm

Target is SSO 134.35.

Five touches and a breakdown.

SPX Intraday Views

Posted by frtaylor on 23rd of Mar 2015 at 03:08 pm

Five touches and a breakdown. I am short.

symmetrical triangle building on the

SPX Intraday Views

Posted by frtaylor on 23rd of Mar 2015 at 02:58 pm

symmetrical triangle building on the 15 min chart.  Bear flag setting up on 5 min. The week after FOMC is more often down/flat than up....

Here's another interesting piece - suggesting it's better to short the market when OE closes down on Friday:

https://marketsci.wordpress.com/2009/07/03/revisiting-the-day-after-options-expiration/

Anyone here trade the statistically

Posted by frtaylor on 20th of Mar 2015 at 01:04 pm

Anyone here trade the statistically bearish week that follows triple witching? I was thinking something like a bear call spread. Or an Iron Condor - put the call spread in today and then the put spread next week.

"Triple Witching Weeks have become more bullish in the last decade. The weeks following Triple Witching Weeks have become more bearish, especially in the second quarter. The Dow has not had a positive week after June Triple-Witching Week since 1998. Triple Witching Weeks have tended to be down in flat periods and dramatically so during bear markets.

Down weeks tend to follow down Triple Witching Weeks. This is an interesting pattern. Since 1991, of 30 down Triple Witching Weeks, 22 following weeks were also down. This is surprising inasmuch as the previous decade had an exactly opposite pattern: there were 13 down Triple Witching Weeks then, but 12 up weeks followed them."

https://www.fidelity.com/learning-center/trading-investing/technical-analysis/monthly-trading-patterns

Sell a bull put spread?

RKUS

Posted by frtaylor on 20th of Mar 2015 at 11:47 am

Sell a bull put spread? Haven't looked at the pricing on that.

cool - hadn't looked any shorter than a 60 min chart.

For Steve: COST - do

Posted by frtaylor on 20th of Mar 2015 at 10:43 am

For Steve: COST - do you have a moment to comment on the daily chart? I'd like to add to my current position as a long term hold. Am I chasing here?

TSL - strong bounce off

Posted by frtaylor on 17th of Mar 2015 at 03:17 pm

TSL - strong bounce off the 200ma today. Full disclosure, I own shares so I'm a cheerleader....

It will be interesting to hear Steve's take, but no matter what, you would keep your stop at Wednesday's lows unless you were scaling in or other such trading plan.

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