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The Short-Term Trading Thread

  • Last Updated:
  • Jan 21st, 2019 11:01 am
Deal Addict
Mar 22, 2010
1958 posts
324 upvotes
/NQ bull train and now we are at R3 daily. Selling call spreads on AMZN 10 delta out.
[OP]
Deal Addict
Nov 6, 2015
1461 posts
1024 upvotes
Oakville
ES testing daily 20EMA @ 2526 and we're pretty overbought
Should get a pullback here, though bulls are very strong

Have a great weekend all!

Edit: The force is strong with the bulls, 100 handles off the overnight lowsAstonished Face Next week should be interesting
Sr. Member
Nov 10, 2018
812 posts
521 upvotes
margincall wrote:
Jan 4th, 2019 12:36 pm
ES testing daily 20EMA @ 2526 and we're pretty overbought
Should get a pullback here, though bulls are very strong

Have a great weekend all!

Edit: The force is strong with the bulls, 100 handles off the overnight lowsAstonished Face Next week should be interesting
I can't wait for next week. Weekends suck!
For legal topics and discussions, the opinion, guidance, and thoughts provided are my own and are not considered to be legal advice, in any manner.
Sr. Member
Nov 10, 2018
812 posts
521 upvotes
jerryhung wrote:
Jan 4th, 2019 4:01 pm
DOW -660 points, followed by +750 points
who saw that coming? insane volatility since October 2018
Didn't forecast such an extreme, but knew within a day or less that AAPL's Jan 2nd news would be 'reversed' very quickly. The gloomy folks decided I was wrong, but JP helped today
For legal topics and discussions, the opinion, guidance, and thoughts provided are my own and are not considered to be legal advice, in any manner.
Sr. Member
Nov 10, 2018
812 posts
521 upvotes
US futures are pointing up for Jan 7th trading day.

Time to make more money everyone. Good luck tomorrow!
For legal topics and discussions, the opinion, guidance, and thoughts provided are my own and are not considered to be legal advice, in any manner.
[OP]
Deal Addict
Nov 6, 2015
1461 posts
1024 upvotes
Oakville
Good morning!
Futures tested 2550 overnight and pulled back
2520 is now support, should be enough in the tank for another push higher
CL should reach its 50.5 target as long as above 48
After completion, both should get a decent pullback

Edit: Long CL 48.44, will add lower. My line in the sand is 47.5
Edit2: Long NG 2.953
Edit3: Stop set to entry on CL, may have nailed the low there. Plan to take off half at 49.5
Last edited by margincall on Jan 7th, 2019 10:15 am, edited 2 times in total.
Deal Addict
Mar 22, 2010
1958 posts
324 upvotes
Opening action is too choppy for /NQ. Can't initiate any trade now.
Sr. Member
Nov 10, 2018
812 posts
521 upvotes
rapashoo wrote:
Jan 7th, 2019 10:06 am
Opening action is too choppy for /NQ. Can't initiate any trade now.
Vix rose slightly today, much to my surprise. /sarcasm

Itll be choppy all AM. Give it a few hours.
For legal topics and discussions, the opinion, guidance, and thoughts provided are my own and are not considered to be legal advice, in any manner.
[OP]
Deal Addict
Nov 6, 2015
1461 posts
1024 upvotes
Oakville
rapashoo wrote:
Jan 7th, 2019 10:06 am
Opening action is too choppy for /NQ. Can't initiate any trade now.
I'm staying on the sidelines wrt indices for now.
NYMO at 3 year high, decent pullback is coming
Would rather wait than force the trade

Edit: Out 1/2 CL at 49.50 (+1.05). ES getting the push higher, should retest ONH at a minimum
Sr. Member
Nov 10, 2018
812 posts
521 upvotes
I though today was going to be a good day, but not a great day. VIX back down to 21. 'Daq up 1.5%.

Glad I kept my calm and did not hit sell on Friday :-)
For legal topics and discussions, the opinion, guidance, and thoughts provided are my own and are not considered to be legal advice, in any manner.
Deal Addict
Feb 4, 2015
3928 posts
1048 upvotes
Canada, Eh!!
Left for Costco shopping and mkt was down plus did I mention Co$cto shopping!!

Came back and mkt up... hopefully gains in mkt more then cover shopping trip :)
[OP]
Deal Addict
Nov 6, 2015
1461 posts
1024 upvotes
Oakville
Short ES 2563

Edit: Stop set to HOD. Not a great entry, might push higher
Edit2: Out -1

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