The community is delayed by three days for non registered users.

Got to love days like

Posted by racerick on 24th of Feb 2020 at 10:51 am

Got to love days like today - Summer planting ready for harvest in only a week. Taking partial profits in VXX, VXX calls, XLK puts and FAZ calls and stock

Bitcoin futures opened down 500- trading at 9950 currently

ROKU has pulled back into

Posted by racerick on 14th of Feb 2020 at 10:58 am

ROKU has pulled back into a support area on 15min chart, I've got to run, but may be worth watching in here. Some decent upgrades on it this am

Sheesh, ROKU came off the 141-142 support area like a jack in the box

FAZ Mar 25 calls at

FAZ 60 min

Posted by racerick on 14th of Feb 2020 at 10:42 am

FAZ Mar 25 calls at around $.80; Mar 24s around 1.20 - April expirations about .35 more.  35 days left on March and 63 days on Aprils

Yes, figure I got most the meat off of that bone anyway. Upgrades coming in on it this am.

Didn't have time to post

Posted by racerick on 14th of Feb 2020 at 10:02 am

Didn't have time to post messing with JO,  got small short off on ROKU at opening, good for a quick 4.5 points in about 15 min. Of course going lower now, lol

Taking rest of my JO off the table here at 111.25 on futures, keeping some calls. Coffee, at least seems to historically, have some respect for the 200ma which is at 111.29

Coffee futures up strong again

Posted by racerick on 14th of Feb 2020 at 09:27 am

Coffee futures up strong again this am +3.80, within about a point of the 200ma

Must be a lot of

Posted by racerick on 14th of Feb 2020 at 09:15 am

Must be a lot of people getting a buzz on and watching TV. CGC and ROKU both up big this am after better than expected results.

Coffee futures peeking over 20ma

Posted by racerick on 13th of Feb 2020 at 12:00 pm

Coffee futures peeking over 20ma here - taking some of JO Mar 32 calls off the table at 2.35 from 1.40 posted on 2/3

Doing same with XLE calls - out partial @1.60 off of .90  - Oil futures not giving me a great feeling here

TNX rolling over some

Oil futures  making new lows.

Posted by racerick on 3rd of Feb 2020 at 11:59 am

Oil futures  making new lows. Need to hold this 50 area, next level back down to 42ish. Trying some XLE 55 Mar 20 calls at .89

JO - trades options -

Posted by racerick on 3rd of Feb 2020 at 11:22 am

JO - trades options - a little thin so may have to pay the ask side, but for those who watching, limited risk to play it. Just stuck my toe in water at 1.39 on Mar20 32 calls. Spread at the moment is 1.25 - 1.45.

Coffee futures down big today. Around 98 at the moment - down 4.65. There is a decent horizontal TL around 97.50ish on daily chart, so may be a place to keep an eye on

Nice move

Another play on CoronaVirus 

Posted by racerick on 31st of Jan 2020 at 10:34 am

Nice move

Nice ES break down off

Posted by racerick on 31st of Jan 2020 at 05:45 am

Nice ES break down off a tight consolidation on 5 min chart for about 4 hours. Notice 5 hours later still hasn't broken 20ma. Of course being the astute trader I am covered way too early when it got down close to 200ma.  Left about 15 pts on the table so far.

'I'  been getting hammered past

Posted by racerick on 30th of Jan 2020 at 10:20 am

'I'  been getting hammered past couple of days after Senate proposes to basically give them $.10 on the $ for C wave bandwidth

Coffee futures trying to bounce

Posted by racerick on 30th of Jan 2020 at 09:58 am

Coffee futures trying to bounce off support line at 101.45 and near 5 year weekly 50ma, so lightly trying JO here. However, a lot stronger support area about $3 lower on coffee so trade accordingly.

Coffee getting into it's support area here on futures around 106ish.  Major support though at 97 ish looking at 5 yr weekly.  got to run so don't have time to post chart.

Don't feel too bad. I was pretty heavy short the futures from 3336 in the wee hours of the morning Friday and kept covering at different support points Friday am since I was going to be gone most the afternoon. Kept one just for the heck of it, with a big stop, covered little while ago at 3236.  Happy, but not nearly what it could have been. Been trading a lot of years, never had one with that many points. On the SPY system, I've been doing this long enough to know when playing systems, to stick with and not 2nd guess, so even though it worked out this time, you did the right thing and I'm kind of perturbed at myself for not sticking with it 100%.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!