Monday, September 9, 2013

Mon thoughts


151
SPY hit the 10:08 short trgt of 167.32, but as mentioned, not shorting it yet here but waiting, and trailing the stop on the long instead

130
thus far volume on USO daily oil is low, so being very cautious here with the shorts and will be quick to take profits on at least half position...can always re-enter...watching here now for reactions on test of support in oil

115
next pb in gdx nugt, i'll buy...will let it go up first then buy pb...may take awhile, moving up nicely now

109
27.60 lim order to sell sco oil

255
27.58 long GDX for quicktrade, first entry here, 7127 nugt

252
just not worth risking gains on a quick trade oil short entered this morn and friday...very low volume in USO, so opted to lock gains in favor of higher gains later...out of both the upro xiv and sco oil quick trades for now

251
took gains on SCO 2719...will re-eval later, for quicktrade
just not worth risking gains on a quick trade oil short entered this morn and friday...very low volume in USO

224
missed spy sell by pennies at .77, posted b4....exited near there manually at .70

1230
spy long trade shows that sometimes need to change gears...initially wanted to short but didnt get trgt, so switched long on pb, thinking that short trgt would come later, spy spx

1224
oil 108.80 may stall and give bnc if it gets there, for active part of trade, last 10940

1217
new highs on spx...trailing the stop on longs

1152
oil has broken :) ...will trade half of this oil short actively quickly, other half more patiently, from entries posted friday and today


1149
SPY UPRO SPX near daily high, tightening stop or taking gains on half for scalps both make sense here

1141
oil testing .50 again....breakable lower

1135
stop tightened on spy to breakeven, and will keep a looser stop on SCO oil and trade the sco since its moving bigger

1129
near 109.75 oil on expected break today under 107.50....will quick trade 50-100% of sco

1128
ADDING SCO here as way to short oil

1044
i put in order to sell longs at SPY 167.77 if it gets a surge up there, will prob sell lower but order is placed in case of surge....and i willl no longer auto short at prev posted level but will rather wait and adjust the short entry later, as well as exit of longs

1039
scalping LONG es here, upro,spy
will reverse if short trgt is hit.

1019
the 15min oil chart has a big red candle (last) and thre small green ones b4 the red...usually it will break support lower in this pattern, bounces shortable for quicktrades in oil

1018
OIL testing supp at 109.50...if that breaks should give trgt 1 and give an exit on quicktrade short oil via long sco

1008
missed spy short by only a few pennies, so now RAISING not lowering the short level to short at spy 167.32, may short lower later, but for now, level raised...i'm not chasing it now, rather letting it go to the "real" trgt now at 167.40ish with order just under that

1002
may be interested in long GDX or NUGT in 1 hour from now, not before, will check again later...needs to base on at least the 15min chart whicch requires at least 4 candles

still have gdx and nugt multi week timeframe hold, for gdx over 32 targets, the above post is for quicktrade on gdx nugt

959
Inv Bank levels say they are on sidelines for now, with spy buy sell levels far away at 162 and 171,, will post if they change

for now, Inv Banks are letting Market Makers, and retail "do the work"

957
for swings i guess this is close enought here, 167.00 spy, but could go 167.40 resist
: i'm waiting since i'm quick trading it

952
another 2-3 point on ES should fill the short spy or spxu 3x longs

949
that's a main level in spy, so could also work for swing shorts there,

948
i have Order to buy SPXU at the market price, if SPY hits 167.19, last spy 166.80...may or may not get filled..spxu is 3x short SPY, for quicktrade

924
oil 107ish trgt 1...good enough for me for quick trade...imo going under 102 mid term swing
107 would give about 3-4% quick gain in sco

921
shorted oil friday, its down a little now, watching to see how much it will move


* 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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