Posted by racerick on 31st of Mar 2020 at 08:48 am
Matt, on the ascending triangle you showed last might, looks
like we bounced off that 2580 lower line a little while ago.
Do you figure that counts or do we need to do during live
hours?
Posted by racerick on 31st of Mar 2020 at 08:40 am
I missed one of my favorite patterns on Gold this am. Saw it
dropping periodically, but was messing with ES so didn't have a
chart open. As a trader the kind of setup you dream about. 20+
points in 2 hours.
Posted by racerick on 27th of Mar 2020 at 06:59 am
Not a bad looking H&S on ES futures with line at 2250ish on
5min. Added to short here with stop at 2270. Is a little support at
2438 but below that smooth sailing for a ways.
Posted by racerick on 19th of Mar 2020 at 03:10 am
Can't ever remember seeing this - Oil trading at 23.67 and ES
futures at 2367. Not sure why when I posted this, it moved
chart I had posted in earlier post up to this one. Weird
Posted by racerick on 19th of Mar 2020 at 01:53 am
LOL, was listening to newsletter, just saw this. Went long at
about top of your last candle on your updated chart around 1am here
at 2293.75. Just moved my stop up to 2290. Will see if it
get's any legs.
Update - 2:20am - out at 2252, taking my points and going
to bed. Got the regression line and 200 on 5min overhead here and
it's been a long day.
Posted by racerick on 16th of Mar 2020 at 11:45 am
Any of you gold guys got a feel for Gold here? Caught just one
futures contract at 1459 this morning coming off lows, not sure
whether to take profits here, starting to pull back some, or hold
it for a swing
Posted by racerick on 16th of Mar 2020 at 11:24 am
For those interested in a longer term holding: ET - Energy
Transfer has gotten slaughtered along with all the other oil and
gas stocks. It is a pipeline compression company, which means they
don't really care what the price of gas is, still got to be
transported. People still have to have Nat gas even if they
are at home. Stock trading just under $6, pays $1.20 dividend and
even better the April 6 calls are trading over $1. Even if
dividend evens up being cut some, it's still a huge return. Has had
huge insider buying past few weeks.
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Matt, on the ascending triangle
Posted by racerick on 31st of Mar 2020 at 08:48 am
Matt, on the ascending triangle you showed last might, looks like we bounced off that 2580 lower line a little while ago. Do you figure that counts or do we need to do during live hours?
I missed one of my
Posted by racerick on 31st of Mar 2020 at 08:40 am
I missed one of my favorite patterns on Gold this am. Saw it dropping periodically, but was messing with ES so didn't have a chart open. As a trader the kind of setup you dream about. 20+ points in 2 hours.
Looks like SPX headed back
Posted by racerick on 30th of Mar 2020 at 03:14 pm
Looks like SPX headed back up to test the 20ma again. Will be interesting to see if it holds
Sincere condolences Steve
Administrative Note:
Posted by racerick on 30th of Mar 2020 at 10:15 am
Sincere condolences Steve
Not a bad looking H&S
Posted by racerick on 27th of Mar 2020 at 06:59 am
Not a bad looking H&S on ES futures with line at 2250ish on 5min. Added to short here with stop at 2270. Is a little support at 2438 but below that smooth sailing for a ways.
Almost at it's 62% retracement.
KC(coffee futures)- mystifying rally, demand is weak, lots of supply ...
Posted by racerick on 25th of Mar 2020 at 10:32 am
Almost at it's 62% retracement. Commercials aren't very short however.
If we're going to get
Posted by racerick on 23rd of Mar 2020 at 03:34 pm
If we're going to get an EOD ramp needs to get started, lol.
ROKU, nice bo over 80
Posted by racerick on 23rd of Mar 2020 at 10:13 am
ROKU, nice bo over 80 on 15min chart
We need a short covering
Posted by racerick on 23rd of Mar 2020 at 09:06 am
We need a short covering panic for a day or so.
Any news, this is a
ES only down 19 now
Posted by racerick on 23rd of Mar 2020 at 08:11 am
Any news, this is a 100pt spike in 15min
WORK, perfect bo over 15min
Posted by racerick on 19th of Mar 2020 at 11:16 am
WORK, perfect bo over 15min trendline, broke above, came back and retested and now has taken off
Can't ever remember seeing this
Posted by racerick on 19th of Mar 2020 at 03:10 am
Can't ever remember seeing this - Oil trading at 23.67 and ES futures at 2367. Not sure why when I posted this, it moved chart I had posted in earlier post up to this one. Weird
LOL, was listening to newsletter,
SPX 60 min wedge important
Posted by racerick on 19th of Mar 2020 at 01:53 am
LOL, was listening to newsletter, just saw this. Went long at about top of your last candle on your updated chart around 1am here at 2293.75. Just moved my stop up to 2290. Will see if it get's any legs.
Update - 2:20am - out at 2252, taking my points and going to bed. Got the regression line and 200 on 5min overhead here and it's been a long day.
ROKU nice bounce this am
Posted by racerick on 18th of Mar 2020 at 10:03 am
ROKU nice bounce this am after showing some relative strength yesterday
NG futures, nice bounce so
Posted by racerick on 18th of Mar 2020 at 09:39 am
NG futures, nice bounce so far off lower support line at 1.61 ish
Coffee futures soaring this am.
Posted by racerick on 18th of Mar 2020 at 09:06 am
Coffee futures soaring this am.
Fun trading at nite
Benzinga
Posted by racerick on 17th of Mar 2020 at 09:49 am
Fun trading at nite
Went to store this am
FWIW - Hearing from one of my hedge fund cousin ...
Posted by racerick on 16th of Mar 2020 at 12:14 pm
Went to store this am early with my wife. First time I've been in a couple of weeks. Lots of bare shelves at Sam's and Publix.
Any of you gold guys
Posted by racerick on 16th of Mar 2020 at 11:45 am
Any of you gold guys got a feel for Gold here? Caught just one futures contract at 1459 this morning coming off lows, not sure whether to take profits here, starting to pull back some, or hold it for a swing
For those interested in a
Posted by racerick on 16th of Mar 2020 at 11:24 am
For those interested in a longer term holding: ET - Energy Transfer has gotten slaughtered along with all the other oil and gas stocks. It is a pipeline compression company, which means they don't really care what the price of gas is, still got to be transported. People still have to have Nat gas even if they are at home. Stock trading just under $6, pays $1.20 dividend and even better the April 6 calls are trading over $1. Even if dividend evens up being cut some, it's still a huge return. Has had huge insider buying past few weeks.