Thursday, April 4, 2013

thurs thoughts

329
very sedated quiet here in mkt for 329 pm !

321
uvxy trying to wake up here....

239
72% short rang on es, long rang uvxy here 774

234
notice on xiv that the 3min candles are getting smaller...aka tired XIV>....may pullback XIV and higher UVXY

227
when the system triggers long swing,,,i will likely cease and desist from uvxy trading...or do it only occassionally and smaller lots

225
4pm SWing Sys update: it is close to giving a buy long swing signal on SPX UPRO...BUT the signal did not come yet and it will require a close lower than current price to trigger...may not trigger today, wont trigger unless lower,,,may need to wait another day... HOWEVER the large moves often come right before the signal so SPX IWM could easily drop from here, before the exit swing short triggers...in this case the exit short will trigger an immediate reversal to long

hope that makes sense
82% win rate on the 4pm system from 2000 and 2007
posted performance record before on it
NO TRIGGERS YET....fyi only

2212
common intial breakout phenomena to do that

212
its only marginal...but if u look at 60m chart of vxx uvxy...higher highs being made on it...mini break of inv HS

208
UVXY has surge potential next 2 hours

153
ES stalled nicely right at the 1553 trgt :)

152
OIL...still needs some time,,,MM have not raised bids or ask...

150
LOL ...Inv Bank has now raised level to 3610 GDX....should make the 3550 prior level

147
********* 3547 new Inv Bank sell level on GDX..........they have lowered it.........i have thus put in order to sell at 3547 half of the nugt shares

144
heres that test of 1552/53 from 1:20pm post...sellers waiting here but prudent to wait since it got here fast...but its in the short area and bounced as expected...not trading it


131
there it is........MM have just raised the level on gdx to 35.22...near the expected .20...USUALLY it will pb a lil first as their prior level of 3502---3512 consolodates

128
there "should be" one more opp for active to buy gdx...should stall areound .12

126
uh oh...look at UUP DX....
good for silver gdx tho

124
if they can, they will try to buy more gdx 3480

124
MM havent moved yet...still selling the 3500-3508 GDX...over that can soar nice to next 2 trtg

120
ES 1552   1553 sellers are waiting...if it can get there could make another short entry, tho the first entry was obviously better posted b4

120
BUT the MM just raised the BIDS on GDX...buying 3480 selling 3502...poss to accum for higher

116
ES breaking as expected here...NUGT reacting nice

114
MM have dropped their ask price in oil, so i am planning to exit this oil long earlier than prev posted trgts as it will now need more active trading and more attention...dont like to fight the MM

110
ES looks like it will break this support here now...1548

1206
u cannot see it on USO chart but oil futures chart also has a bull diverg forming now on its 15min chart

1204
3min oil charts now have tripel bull diverg on them, for a scalp long opp,, uco or CL futures

1104
AKS...another one of those "price is too far away from 5 MA daily and expect bounce, even in a downtrend" strategy

usually works well for quick swing

1101
AKS is up a lot today, up almost 5%,,,watching that positin for poss exit soon

1053
UCO: order to sell in at 29.80 for now, may sell lower but order placed in case of surge,,,oil can move fast...this order is at scalp trgt 3 and swing trgt 1 ...note that it is ABOVE todays high AND also above the gap fill ...i've place it just under the prior high above the gap

1045
nice immediate bounce in oil...uco

1034
OIL is setting up a long entry...no entry yet...USO  UCO  CL

1025
1557 es shorts...would tighten stops on ES or uvxy here...last 1553 and uvxy moved nicely on it

1016
Market Makers raised their ask on nugt to 20.93, why im trying 2080 well below it

1016
1016
20.80 order to sell half nugt, keep half

1012
nugt trgt 2070--2083...scalps...swing trgt higher...for those actively trading it fast

1011
2070 next scalp trgt nugt


1003
bought back the nugt 2011 that sold at 2040

956
 quick scalpers: NUGT from buy 20 min ago now at trgt 1
quick 3.5% gain in 15min LOL
3423 was gdx trgt, took it off 3421 close enuf

951
gdx 3423 is first trgt from nugt entry at gdx 3375

949
1556/1557 is overnite hi on es...poss short there for quick scalpers, but i'll prob not trade it

947
possibly  buying back uvxy again at my buy area 7.40, last 7.60

937
bought more nugt. added at gdx 3375


Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 


For details on the portfolio see this posting:

* 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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