gmg733
788 posts
msg #142383
- Ignore gmg733 |
2/21/2018 4:01:07 PM
Reversal in indices. Hum! Wild day!
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johnpaulca
12,036 posts
msg #142385
- Ignore johnpaulca |
2/21/2018 4:04:29 PM
I'm still shorting this bounce, notice the thin volume on the bounce, we're still overbought.
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gmg733
788 posts
msg #142386
- Ignore gmg733 |
2/21/2018 4:46:36 PM
I'm short but it was painful this morning. Was gonna bail with a close over the high on the 16th.
bonds can't catch a bounce. I need a small one to right a strangle gone bad.
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johnpaulca
12,036 posts
msg #142397
- Ignore johnpaulca |
2/21/2018 11:23:39 PM
The old fat guy who talks to his dog is now a virtual trading expert, after trading his hocus pocus filter that he refers to a system...OK!!
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gmg733
788 posts
msg #142401
- Ignore gmg733
modified |
2/22/2018 2:32:40 PM
Lol JP
If the market decides to dump, I think /PA goes with it. Short timing is not my strength.
If I could just get /ZB to rally to the BB40 I'd be a happy camper and it would be potentially a great shorting opportunity.
Editorial: Bonds confuse me. Everyone thinks this is an easy short and to a degree they are right. As the Fed raises rates, yields go up, bond prices fall. But what confuses me is if the market moves lower will that put a floor under bonds.
I guess that is why the call it trading. :)
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pthomas215
1,251 posts
msg #142402
- Ignore pthomas215 |
2/22/2018 2:44:32 PM
""Short timing is not my strength. ""....lately, timing has not been my strength !! rather important in swing trades
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johnpaulca
12,036 posts
msg #142403
- Ignore johnpaulca |
2/22/2018 2:58:28 PM
The feds have to raise interest rates, 3 times in 2018. They are selling bonds and these bonds will command higher rates.
Raising the minimum wage and low unemployment will also lead to increase inflation.
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johnpaulca
12,036 posts
msg #142404
- Ignore johnpaulca |
2/22/2018 3:02:24 PM
Greg...take a look at the SPY/TNX ratio...head and shoulder formation...look below!!
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johnpaulca
12,036 posts
msg #142405
- Ignore johnpaulca |
2/22/2018 3:19:56 PM
LYB($110.98)...nice setup(long)
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gmg733
788 posts
msg #142406
- Ignore gmg733 |
2/22/2018 3:33:01 PM
@pthomas
I hear ya. I was up big on futures swing trades and sucking wind on options trades, now the tides have turned. I took a few days off and it all went to hell. Lol. So now I'm about flat overall. Not a great start but I'll get her yet. :)
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