Out of the last 4 trades 3 were wins and the last one I did get caught in a downdraft. The point of this strategy though is that my large cycle is due and suggests high volatility ahead. This strategy will catch that move.
Your larger cycle has been due since June. You need to read what you write. Your performance has been disastrous in a year when the indices are up 10%.
Are you expecting a massive sell off here soon with those big red arrow? Cause that first big red arrow on the left didnt really do a whole lot in term of big sell off so far.
SC- You have the patience of a Saint ** Monday appears to want to open at a peak high-turn and head considerably lower thru Tuesday -SPT25th
Jaywiz POWER DATA supports that scenario also IT depicts one week trading & is available each week on Sunday evening for the week ahead. Jay OF course, I expect Some NASTY comments every time I post here- SO BE IT !!- WHAT GOES AROUND WILL COME AROUND
It's in his blood to ignore that point .......AND now he found the 144 day cycle???? TOOOOO MUCH!! He needs to get a job and quit preying in the newbies!
Is your minimum target for HVU still $720? lol
ReplyDeleteThe bigger picture targets are the same. I am just showing the short term views at this point. Bigger picture charts will be coming soon.
DeleteHi SC
ReplyDeleteDid you had a chance to sell your UVXY this morning during the bounce in it? Or you still keeping hold all your position and just waiting here.
Thanks!
Just a waiting game. Buying the dips.
DeleteIf we would have gone long XIV in June we would have doubled our money by now...
ReplyDeleteI was long XIV for much of June. Made profits then, but yes, it has had a nice run.
DeleteSC...it seems you ALWAYS make money. yet, I always read you get caught on these 30% downdraft. How do you do it?
DeleteOut of the last 4 trades 3 were wins and the last one I did get caught in a downdraft. The point of this strategy though is that my large cycle is due and suggests high volatility ahead. This strategy will catch that move.
DeleteYour larger cycle has been due since June. You need to read what you write. Your performance has been disastrous in a year when the indices are up 10%.
DeleteLooking at your chart, it looks like your dip can go to $23....am i reading it correctly?
ReplyDeleteNo, the chart isn't meant to suggest that. A lower low could still be possible.
DeleteIt seems all the posters are now gone to Change in Trend with ZZ. Can not blame them. ZZ has been spot on. You do good work and people follow.
ReplyDeletecause SC aint posting the longer term forecast yet. nothing much more to talk about here for me, since i am more medium to longer term trader...
DeleteI'm just waiting for some of the short term gyrations to finish playing out.
ReplyDeleteTIME TO BE AWAKE!!
ReplyDeleteDOW
http://traderjoed.blogspot.com/
Hi Joed
DeleteAre you expecting a massive sell off here soon with those big red arrow? Cause that first big red arrow on the left didnt really do a whole lot in term of big sell off so far.
Thanks!
LOL.........
DeleteThey are together..........producing the window in time! A trader still has to be able to enter and exit! joed
ALSO the Crude chart is posted.........then and now! joed
DeleteUVXY targets posted yesterday...see chart in the blog web site under my handler
ReplyDeleteSC- You have the patience of a Saint
ReplyDelete**
Monday appears to want to open at a peak high-turn
and head considerably lower thru Tuesday -SPT25th
Jaywiz POWER DATA supports that scenario also
IT depicts one week trading & is available
each week on Sunday evening for the week ahead.
Jay
OF course, I expect Some NASTY comments every time I post here- SO BE IT !!- WHAT GOES AROUND WILL COME AROUND
Damn you Jay...you SOB
DeleteJust kidding :)
WIZZ.........
DeleteAnd your the victim..lol You mean every time you advertise here.....right? hahah And you now discovered the 110/144 day cycle????? hahaha
You can fool some of the ppl some of the time.....BUT
jay, if you are half as good as you think you are, no one would be nasty to you.
DeleteCbear2
DeleteIt's in his blood to ignore that point .......AND now he found the 144 day cycle???? TOOOOO MUCH!! He needs to get a job and quit preying in the newbies!
hi SC,
ReplyDeletewhat price are you targeting to fill your final 25%?
I've been waiting to see if it can make a lower low. It's getting close. $26ish could be possible though it will be difficult to pinpoint exactly.
Deletethanks
DeleteI just went in with 50%. I think we are getting realy close
The week is negative though I'm not ruling out a pop early in the week. I'll have charts coming, and the big picture is very bearish.
ReplyDeleteTransports already collapsing.