Investing

The Short-Term Trading Thread

  • Last Updated:
  • Jun 14th, 2019 2:08 pm
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Oct 9, 2008
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Thornhill
Sell on Stop to cap loss on TVIX set @ $5.20 exp. end of day.
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Jun 27, 2007
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oh my, never seen this before: looking at ES histogram, SPX jumped over 2720 and left some price points with little or no volume at all.
e.g.
2720.25 - 8 contracts
2720.5 - 6
2720.75 - 51
2721 - ZERO
2721.25 - ONE
2721.5 - 445

of course, this could change quickly, just saying. My target 2724 hit, btw - single contract traded there, LOL

edit: since we are above 2721, here is my trade idea/plan: long ES 2721.5 with stop 2720. These single prints should hold any decline if bulls are stronger.
It's easy to grin when your ship comes in and you've got the stock market beat.
But the man worthwhile is the man who can smile when his shorts are too tight in the seat 😃
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Thornhill
Very impressed that market yesterday shrugged off 3.1% US 10-year. I guess Macy's/Retail and Semi's short-squeeze was enough to get past that all yesterday.

JCP clobberted in PM and is currently (12.38%). Will eat my hat and call in my loss in TVIX if market gets past 3.1% and this one too today likely if TVIX $5.20 SOS is breached.
Last edited by Jeenyus1 on May 17th, 2018 9:01 am, edited 1 time in total.
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Mar 22, 2010
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NQ daily inside candle range, watching for break out of yesterday's candle.
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Oct 9, 2008
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Thornhill
SOS set on TVIX exp. end of day @ $5.20.

Hope the morning bounce is done and low won't be revisited.
--

SOS triggered on TVIX @ $5.20 for a loss.

-

Basic materials rally is too strong.
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Feb 4, 2015
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Canada, Eh!!
Jeenyus1 wrote:
May 17th, 2018 9:39 am
SOS set on TVIX exp. end of day @ $5.20.

Hope the morning bounce is done and low won't be revisited.
--

SOS triggered on TVIX @ $5.20 for a loss.

-

Basic materials rally is too strong.
Hope so :)

That will lift my OTM XLB calls from penny range to maybe double digits... in cents... dare i dream Smiling Face With Open Mouth
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Thornhill
georvu wrote:
May 17th, 2018 10:05 am
Hope so :)

That will lift my OTM XLB calls from penny range to maybe double digits... in cents... dare i dream Smiling Face With Open Mouth
Saudi's wanted $80/bbl and to no one's surprise they go it! Smiling Face With Sunglasses
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Feb 4, 2015
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Canada, Eh!!
Jeenyus1 wrote:
May 17th, 2018 10:26 am
Saudi's wanted $80/bbl and to no one's surprise they go it! Smiling Face With Sunglasses
You'd think they have IPO or similar coming up :rolleyes:
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Aug 17, 2008
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georvu wrote:
May 17th, 2018 10:44 am
You'd think they have IPO or similar coming up :rolleyes:
Couldn't or wouldn't meet the requirements on any major or secondary (TMX) exchange, they may list on an exchange where even turkeys can fly.
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Aug 17, 2008
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dlhunter wrote:
May 17th, 2018 11:16 am
EWW
selling put spread in Jul 44P/41P for 72c CR
buying put ratio +47P/-45P x2 for 43c CR

I guess traders are selling Mexico ahead of NAFTA talks. 41-42 is where EWW bottomed back in Dec2016/Jan2017. I find it compelling value
This cash guy thinks that buying vol ahead of their election + NAFTA makes sense, but I can barely spell Vol. Not understanding how their election process works and how drawn out it might be is another damper on this trade idea.
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Mar 22, 2010
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UVXY reversal here. Sold UVXY 12.50 weekly calls on spike.
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Thornhill
Trump : "I 'doubt' China trade negotiation will succeed". Mexico/Canada tell US to fly a kite over their 'deadline' on NAFTA. 10-YR @ 3.113%. DOW/NASDAQ barely negative while RUSSELL still positive and VIX negative on the day?

Odd, odd day imo. This should/could have been a money maker day for TVIX likely at least 10%-20% but I can't argue with the trend :/
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Mar 22, 2010
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Some profit taking expected heading before the long weekend?
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Oct 21, 2014
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Burlington, ON
Jeenyus1 wrote:
May 17th, 2018 3:33 pm
Trump : "I 'doubt' China trade negotiation will succeed". Mexico/Canada tell US to fly a kite over their 'deadline' on NAFTA. 10-YR @ 3.113%. DOW/NASDAQ barely negative while RUSSELL still positive and VIX negative on the day?

Odd, odd day imo. This should/could have been a money maker day for TVIX likely at least 10%-20% but I can't argue with the trend :/
Trump is pretty unreliable, maybe the markets have given up reacting to him?

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