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Re: Wrinkles post# 41912

Thursday, 03/24/2016 7:09:18 AM

Thursday, March 24, 2016 7:09:18 AM

Post# of 42458
"have a bunch of UVXY and SPXS bought yesterday and added more today a few diff times" link back...

Sold 7am eastern this morning....Will rebuy UVXY if it breaks this support and starts going lower....SPX 2005/2007 area is a good bounce area on charts....if it goes below 1995 on S&P, this is going to be a real deal pullback.....jmo

Made $1643.95 on the two trades, happy camper.....hope to make some more if this is a deeper pullback....

I use a one minute chart on UVXY and RSI was up around 90, so I sold my volatility, will try and buy back as the RSI pulls back, as mentioned.....I try to buy when one minute RSI is at 30 or lower, sell when RSI gets to 65 and above, just keep doing over and over, use stops....been working goood for me....although the trades above, were more swing trades. But I have been working at perfecting the system just mentioned.....

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