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Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I added the board, looking forward to for more interaction, good luck.
Well LABU I am not sure, it could be rolling over. I sold some 12.50 Puts which are under water right now, my system is on sell for LABU once its give green signal I will buy more.
It made new low for last six years today.
Making new low of the year also multi year low, I nimble a little bit but seems I may have to take hair cut.Sold 12.50 weekly put for 0.85 Cents and bought September calls.
Seems no support although volume is very low. Which also means buyers are not willing to sell. Let's see at end of the day buyer jumps in or not. War put many traders on side line.
Short sellers have a field day.
Beauty of stops.I will be watching 12.50 and 12.40 area how it behaves, than I will make decision to buy more and have a reasonable position. Nuclear war threat has spooked the market and rightfully so. I am mostly on side line and trades are for scalping purpose only.
It seems today TNA will close on buy,Buy is closing above 56.95 on closing basis.
I did bought LABU bit cheaper today.
You are riding good on NVAX.
Thank you, I did buy a little bit today, no buy signal on my system but it makes me watching it. It filled the Gap.
I will be a seller around 22.50, I don't know exact top neither exact bottom.
Do you think it could fill the gap left two days ago?
Some profit taken on shorts, again we closed on sell signal.
Take profit when available. We are going in time frame where few weeks of rally possible.
Yesterday we close just barely above buy signal but last fifteen minute kept us on sideline, entry around 55.50 may give entry point.
If geopolitical news don't put negative impact than few weeks rally is possible. I am not aggressive buyer yet.
Do your own D/D. Good luck and happy trading.
Very good catch.
Closed on sell signal.
Nothing changed closed on sell.
Thanks for visiting.
It does close on Sell signal, but today it tested last buy signal so I am bit long but I have some shorts also. I will take one side out when cloud is cleared. Stay happy and good luck in trading.
During the day it came under sell signal but close above buy signal.
59.85 is sell stop on closing basis for tomorrow, signal is still long.
Very good trade.
What a move.
Looks very interesting.
True, but from Risk point of view ETF would be better.
Thanks for sharing.
TNA closed on Buy signal on Friday, Stop is 59.20.
If day trading it was 320. For swing closing above 339. It was rarely seen move.
IWM is not down 77.2%.
Unless we go in recession we will hardly see 10 years under 2% in coming decade. We are in abnormally very low rate, not good for long term growth, take away savings incentive and we start depending on other countries for our debts and investments for new ventures. Which also weaken dollars, Look at $ strength Vs yen during Regan era. Just thinking loud.
QQQ on a sell. Stop is 344.89.
Markets are like pendulum they go to extremes so stop trying to find a rationale, it is herd mentality.
I will not be available to update signal every day for few weeks, I will try if I could.
Good luck and happy trading.
Farooq
We went on Sell at stop, now sell signal is in place. Stop is closing above 57.75 on closing basis. Markets are like pendulum they go to extremes so stop trying to find a rationale, it is herd mentality.
I will not be available to update signal every day for few weeks, I will try if I could.
Good luck and happy trading.
Farooq
Why not than buy BOIL?
We cross 62.36 with strength, we are on buy now, but stop is moved higher already, stop is 63.23. For swing trader stop is 61.88.
Good luck and happy trading.
If bought on ask is considered buy, if transaction is on bid , it is sell.
Still on sell signal, closing above 62.36 today will make me look again.
Stay put.
Farooq
Could not hold it.
Gap filled but difficult call signal turning will see at end of the day.
3rd is a charm.
It is on buy signal.Let's see how it close.
There was no change in signal yesterday, seems same for today.
Close on buy signal.
Could be oversold for a while, They will be sued because they painted rosy picture for coming Quarter and delivered a disaster. 16 Is coming dear.
I have 100 Calls for 2023 they are toast at this time, luckily I reduced my exposure to lowest in years.
It is free fall no Fed puts are available. Protect what you have.