I took some ES short near that bearish rally cycle and some more
news seems hitting on the IRAN stuff. Stop is real tight just above
that cycle. figured what the heck good risk/reward spot.
man that was a quick 10K. didn't expect to make 10K in 25 min
LOL. But futures are down 35 now, they were down about 2 -3
when I shorted those 6 contracts, have to now cover some of those
even if it goes lower that's too much of a gift
Yes, as I posted below price was way too stretched and was
honestly a long. ES has bounced 20 points from that post, I didn't
go long though even though I thought it would bounce, I'm doing
things around the house and can't monitor every sec
last night the daily ES system was showing potential for two sub
systems going long, and had that translated to the SPY system
likely one of the SPY systems would have went long as well. However
now those potential longs are no longer triggering because of the
market bounce back. Again systems needs some sort of volatility to
take a trade, which the market refuses to do.
yeah I got lucky being in right place at right time, normally
I'd be at the gym. My programmer called me who saw the news first
posted on Twitter by a journalist who is over there before it had
hit the headlines, I quickly looked and noticed ES was only down
about 2 points, then looked at the chart and had the bearish cycle
there on the 2 min along with a bearish MA squeeze, looked low risk
on the chart with a tight stop, so I took it. Anyway you get lucky
sometimes
Matt - Congrats! Way to be nimble and act. I didn't
know that we would have this type of news but went short Bought Jan
17th at the money Puts on the SPY and RUT at The EOD) I was just
going on my technical analysis. Goingto be an interesting
opening tomorrow for sure. Have a good night and
hopefully our soldiers are safe.
got way too stretched there, was set up for a reversion to mean,
I could have played that long but have to get away from computer,
anyway gonna be interesting watching the developments
A lot of the news his hitting Twitter far earlier than any
many news source, shows you how the world has changed.
I took some ES short
Posted by matt on 7th of Jan 2020 at 06:11 pm
I took some ES short near that bearish rally cycle and some more news seems hitting on the IRAN stuff. Stop is real tight just above that cycle. figured what the heck good risk/reward spot.
WOW nice dump, ES was
Posted by matt on 7th of Jan 2020 at 06:24 pm
WOW nice dump, ES was down 2 when I shorted it, now down 24
man that was a quick
Posted by matt on 7th of Jan 2020 at 06:40 pm
man that was a quick 10K. didn't expect to make 10K in 25 min LOL. But futures are down 35 now, they were down about 2 -3 when I shorted those 6 contracts, have to now cover some of those even if it goes lower that's too much of a gift
Did you cover?
Posted by chluke on 7th of Jan 2020 at 08:27 pm
Did you cover?
Yes, as I posted below
Posted by matt on 7th of Jan 2020 at 08:42 pm
Yes, as I posted below price was way too stretched and was honestly a long. ES has bounced 20 points from that post, I didn't go long though even though I thought it would bounce, I'm doing things around the house and can't monitor every sec
crazy, ES futures are now
Posted by matt on 8th of Jan 2020 at 06:02 am
crazy, ES futures are now 7 points, after being down 52, shows the resilience of the market uptrend
man now wish I had went long last night instead of simply covering
also gold which was up
Posted by matt on 8th of Jan 2020 at 06:09 am
also gold which was up 30, now only up 6.
anyway heading back to bed for a bit, it's early here
last night the daily ES
Posted by matt on 8th of Jan 2020 at 06:08 am
last night the daily ES system was showing potential for two sub systems going long, and had that translated to the SPY system likely one of the SPY systems would have went long as well. However now those potential longs are no longer triggering because of the market bounce back. Again systems needs some sort of volatility to take a trade, which the market refuses to do.
Es only down 19 points
Posted by matt on 7th of Jan 2020 at 09:17 pm
Es only down 19 points now remember it was down 50 so quite a bounce back
congrats!!!! hopefully TS gets my
Posted by elliotw on 7th of Jan 2020 at 06:46 pm
congrats!!!! hopefully TS gets my futures actt activated very soon
yeah I got lucky being
Posted by matt on 7th of Jan 2020 at 06:55 pm
yeah I got lucky being in right place at right time, normally I'd be at the gym. My programmer called me who saw the news first posted on Twitter by a journalist who is over there before it had hit the headlines, I quickly looked and noticed ES was only down about 2 points, then looked at the chart and had the bearish cycle there on the 2 min along with a bearish MA squeeze, looked low risk on the chart with a tight stop, so I took it. Anyway you get lucky sometimes
Matt - Congrats! Way to
Posted by ssaffer on 7th of Jan 2020 at 07:57 pm
Matt - Congrats! Way to be nimble and act. I didn't know that we would have this type of news but went short Bought Jan 17th at the money Puts on the SPY and RUT at The EOD) I was just going on my technical analysis. Goingto be an interesting opening tomorrow for sure. Have a good night and hopefully our soldiers are safe.
ES futures down 44 now
Posted by matt on 7th of Jan 2020 at 07:10 pm
ES futures down 44 now
down 53 now
Posted by matt on 7th of Jan 2020 at 07:37 pm
down 53 now
got way too stretched there,
Posted by matt on 7th of Jan 2020 at 07:56 pm
got way too stretched there, was set up for a reversion to mean, I could have played that long but have to get away from computer, anyway gonna be interesting watching the developments
A lot of the news his hitting Twitter far earlier than any many news source, shows you how the world has changed.
nice trading Matt! Congrats!
Posted by morton7 on 8th of Jan 2020 at 08:12 am
nice trading Matt! Congrats!
Great work, DUST and SPXL
Posted by retirefire on 8th of Jan 2020 at 09:17 am
Great work, DUST and SPXL looked great in hindsight before 8pm EST.... LOL
Congrats on the ES. Gold
Posted by racerick on 7th of Jan 2020 at 07:19 pm
Congrats on the ES. Gold up 30+ too.