Thursday, February 10, 2011

Thurs ramblings (and Wedn eve ES futures)

352
KO was supposed to be swing but i dont like look of ES

351
stopped out of KO 6348 from 6309 entry this morning, small profit

349
stop 6348

347
KO stop 6346

334
b4 the close,,i'm going to close the KO short,,,i'll look for other long hedges next week

330
stop .46 on vxx scalp remaining shares

321
if nflx closes near here, has a daily bear shoot star,,that needs confirm with a daily close in coming days, under todays low

319
IBM 60min chart has bear HS,,good for existing swing shorts

306
out of part of vxx scalp .73,,, still see the higher trgts poss but makes sense to lock something,,

302
typo---i shorted cat 100.60 not 101.60,,,was trying for 101.20 hence the typo

300
stop .73 on 25-50% of vxx scalp makes sense

252
close enough on CAT here, shorted 101.60

239
ES sell signal just flashede 1318

235
VXX buy siganl again,,watching reaction,,, last signal took it to within a few cents of higher trgt

227
i'm trying to short a marginal new high, if able, on a break over 100.80ish for 101.20 spike

225
i know i waited a long time on CAT short, but its finally showing a nice bear diverg on the 60min chart, and at same time close to resist, so looking to add short swing finally

223
looking for euro to test low of day, and can make a lower lo

220
CAT now at 100.55,,may short lower but waiting to see if wants a little higher first

211
euro moving down on 3min as es moves up,,,euro may win and press es lower, tho as mentioned b4 that relationship has been on-again / off-again :)

203
6330 last KO coca cola

202
changing stop on KO long to 6318 over the 6309 entry,,,not to take profit but to exit if it breaks .20ish,, can always reenter

157
euro moving lower here,,,,

143
limit orders often needed on vxx as it moves to trgts fast and then may retreat b4 retesting, lim .92 could work here to take profits on 25-50% of shares,, if it stalls at .86 may make sense to sell there,,,still see higher trgts later

136
15min macd hist vxx ready to cross 0

128
3min vxx bull harami now confirmed also, watching for follow thru

127
vxx buy alert just triggered, 2863, may take it to first trgt, signal is strong enough if follow thru comes

110
2892 lim sell 25%--half of vxx could work, trade idea, from 2850

100
trgts in comoing hour

1259
to 1313 trgt, stall, then 1310.50,

1258
1316 es break lower has time trgt of 109pm, at curr velocity

1249
maybe 1310 down, then 1314 up, then under 1310,,,example only not exact trgts, quck glance roadmap

1248
ES 15min has several bear shoot star candles but they need a confirm with a 15min close below the 15min low,,, if so then the pattern usually will go down, then bounce to a lower hi, then a new low (not all today)

1239
ES 3min chart sideways here with one more bounce is one poss roadmap with this chart pattern,,,still see lower ES,,,may go down here without up, watching

1236
EUO is now at support and may pivot to upside, to test daily high and make a higher hi

1235
EURO suggests it may move back down here soon today,,,could put sell press on ES tho it has been delayed and inconsistent relationship ,,, higher us dollar

1224
the es 15min and 60min charts when combined indicate whipsaw to me, with downside risk greatest,,, dueling charts

1217
expecting higher TLT today, maybe one more pullback first intraday,,,perhaps not, b4 higher, last tlt 8900

1210
for trading idea vxx scalp, makes sense to have a lim order to sell vxx 29.43 if able, may need to sell lower later depending on how it moves, from 2850 entry

1202
silver SLV short could work here 2950,,i'm already in from 2961 yest

1156
vxx first scalp trgt 2886 last 2868 from 2850 entry idea, higher trgts after stall there

1153
i will 6470 lim sell KO if able from 6309 entry

1139
1319 es short, trading idea, could work

1137
in vxx 28.53 for scalop

1130
cancelling TLT addition,,,running with existing pos for now,may buy more later, never got a fill on it

1118
ZB and ZN are futures alternatives similar to but not equal to TLT

1117
i'll lim buy TLT 88.60, last 8872, if filled,,,alt is to short 2x TBT or use a 3x

1049
ES carving out intraday topping pattern that may present a day scalp short opp later today, no entry yet,,,choppy right now,,,waiting for some smaller candles, or entries at extremes

1020
KO options calls could work here for a retest of 6475 / 6550

1019
going LONG in KO 6309, swing

1002
ES swing trgt #2 lower is 1282, intersect of uptrend supp line daily and horiz supp

955
lim cover silver shorts slv 28.47 if able, last 2917, may not come today

that would give 3.86% roi on 1x slv, or 7.72% profit on 2x etf

928
tho the goal is not to pick the top or bottom, just participate in the move

927
Unfortunately i only have a half size position on Euro short swing entered yest, because resist 1 held but i was looking for poss move higher to R2

But this is an example of how scaling in can work,,, I cannot add at a better price now, but at least participate in the move with a half size,, we just never know the real top or bottom in advance tho sometimes we catch it


851am
Newly entered EUO from yest is up 2% this morning as the euro is down nicely, SLV is also down this morn for a 1.5% roi on silver atm,, VXX is up 1.6% as the ES is 7.75 points lower, IBM GILD are both down premarket, holding those shorts still


.............................................................
TLT is lower by 0.4%, still long TLT for now

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

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