Monday, May 13, 2013

Monday thoughts


1249
 uvxy scalp still at entry price. giving more time for higher.

1130
but for nugt personally trading it a lil less actively and really waiting for 1350--1500 to sell 1/3 of it, and hold other 2/3 for higher

1128
NUGT levels
1124/1148 MM
1095/ 1160 Inv Bank 1
1052/1207 Inv Bank 2

1126
continuing same strat as posted before. buy at Inv Bank levels, sell half at quick swing/scalp , keep half for higher swing targets ... some days uvxy moves nicely, other days it doesnt

1123
long uvxy scalp 593.
will be in and out today.


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".

Friday, May 10, 2013

Friday thoughts


1141
at 1626 ES is way too far from its 20 MA daily 1582, farthest its been in long time. also note how everytime the ES loses the 20MA, it tests the 50 MA and then bounces.

1129
if u look at UVXY...decay is not bad at all ocnsidering the instrument
look at May 3 spy and may 3 uvxy prices :)

and if one is actively trading uvxy nugt using previous posted strategy of buy at Inv Bank levels, sell half at Inv Bank sell levels, then Buy again next level, over and over,,,one's uvxy trades have greatly increased account value and have an excellent cost basis in the uvxy..strat gives small interim profits 1-5% on half positions, keeps lowering the basis on the second half, and then gives 30% or more on the larger moves when they come


1126
60min spy chart suggests that we might see start of ES   SPX move lower today

1124
watching ES 1613--1618 support area. if that breaks, may see intensified selling, prob not until then
i still see a nice pb in spx, higher UVXY over 747 and very high nugt, for mid term swings patient on the nugt,,


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".

Wednesday, May 8, 2013

Wedn thoughts


127
nothing wrong with selling right here  at easy to see horiz resist instead of 1311,,or sell 25% here

124
plan on NUGT GDX the same: sell half at the sell level, keep half. then buy it back again at next buy level. see posts below for details

121
1309 and 1373 NUGT sell levels, Inv Banks, for quick swings. mid term swings higher targets
up a massive 17% today from test

1244
anyone see the bullish morning star bullish reversal pattern in UVXY daily? last 3 days includig today.

1132
NUGT and UVXY strategy: actively trade it...buy at the buy levels, sell at the sell levels...sometimes the buys is avg down, sometimes the buy is avg up...while waiting for sell levels...then rinse /repeat

30%-200% gain targets in NUGT

the active trading "corrects" the decay problem to a large extent


1123
 NUGT nice bounce almost 10% from yest buy level. still same swing targets.  UVXY up  1.4% doing well considering the SPY spx is also up 0.3%

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".

Monday, May 6, 2013

monday thoughts

249
if didnt have any uvyx, this would be close enough to 577 buy level here. 582

233
uvxy approaching the 577 buy level...not there yet...582 last

217
got a big green candle 15min nugt...will 2 more follow?

105
Last ES breakout daily was April 10. NOtice April 10 and 11 candles, then the next big red

1244
NUGT cleared for 1249 after hurdle of 1222, last 1205

1235
596 stall then 611 would fit pattern

1222
MM just cleared uvxy for 611....watching reaction, 591 last

1204
590 uvxy buy area but they have NOT cleared it for higher, yet...still holding it down via the ask...if they raise the ask then uvxy can go up

1204
591: heavy area for MM buying in UVXY....might see flash reaction, either direction up or down both normal...same as other day...longer term bias is up tho on the buying even if down to 576 next buy area....they r buying VIX not selling it

1202
72% rang,short

1201
es 1613 here, shorted spx

1200
576 next buy area uvxy

1200
591 added uvxy scalp, buy 2 of 4

1156
below mkt 1610.50 es, or above mkt 1614 shorts setup...one at 1612.50 may setup soon too
orders set 1610.50 and 1614 for now, whichever comes first...both to short

1154
1612.50 ES...the 72% short scalp signal is close to ringing...not rung yet

1146
uvxy still buyable here imo scalp 595/596 last

1142
still same trigger: 601 for 612

1142
uvxy: notice that this time, at least for now, the 3min uvxy still holding going a bit higher, despite lil bounce here on es spx,,,unlike last time....suggests the uvxy may go for its scalp targets

1139
GDX NUGT:  the dx futures us dollar may need another 4 hours of sideways or poss chop...in 4-12 hours may see reactions higher in gold nugt gdx silver,,,as the dollar moves lower later

small candles beget large ones, larges ones beget small ones, low volatility begets high volatility, as bollinger said

1056
uvxy if it gets to 601 then 601 trigger to 612 trgt 2,last 596...

1055
for now, have order in to sell UVXY scalp piece not swing, at 6.30, from 5.95 buy this morn...may sell lower but orders in to catch a quick move if it comes. there are many interim lower targets atm

1052
migth take some time but still see big move in uvxy, despite all "bullishness" in spx....i've seen Inv Banks accumulate the VXX products long

swing time frames not intraday...tho it starts intraday of course...

1045
long UVXY here 595. scalp. still see 749 uvxy and higher for swings

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".

Friday, May 3, 2013

friday thoughts

329
uvxy 614 is trigger, last 611

326
then 1247 and 1281

325
nugt just hit 1211 trgt for scalp. 1236 next still

317
of course we need to wait for the close...but a possible nasty daily candle may be forming now in SPY...cant see it as well on ES

310
74% ES short just rang..suggests break of 1608 lower

309
nugt 1211   1236 sell levels

308
heres that expected test on 3min es charts...

306
626 and 640 resist on uvxy

305
1605 and 1601 next supports under 1608

304
still trying for 640 sell on 611 scalp uvxy but obviously may need to sell under that.

303
this pattern on 3min es charts: usually will test the last 3min low...and often break...then up but need to wait until down test down

no plan to trade it long....holding half the shorts, having taken scalp gain on half at first trgt as posted

245
LOL took all day,,,,but trgt 1 finally hit, ES, near t2 and looks now like 1608 breakable

212
long 1190 nugt
per plan posted earlier this morn

156
could see more selling depending on reaction there

155
1610, 1608 es 72% trgts

153
letting a little air out here now in ES?

1157
hmm ES picking up a lil vol here,,,may overshoot the prev posted 1610 trgt but watching. 1612 last

1132
609--611 remains MM buy level uvxy, and Inv Bank 5.91

1131
swing trgts and limit orders are higher and the same,no change. 7.49 and 8.40

1129
MM want to sell a signif amoutn of UVXY at 6.18...may be a magnet...and it could pop higher after 6.18 when they r done selling...the inverse of yesterday "buy levels" reactions... tho they want to sell some there, the MM are net long uvxy vxx imo...just using the 6.18 to sell some, take small profit,

limit order at 6.40 to sell scalp from 6.10 for now, from this morn entry...tho may sell lower

1118
1610 es trgt on the 72% signal

1045
72% short rang scalp 1614 ES
modest trgts on this big up day

1037
yea nugt at trgt 2 here, ran right thru trg 1 without stall...swing still higher...holding...up 7%ish today

1015
UVXY just hit 1249 trgt 1....for scalp will buy pb now if one presents, else just run with the half scalp and full swing pos if no pb

1013
bought some 610 scalp uvxy

1008
may get high vol next 3min uvxy
at MM buy area 612 now

1007
then 5.91 UVXY...is Inv Bank buy level....if it goes there, i might add uvxy

1006
610-613 level: there is heavy MM buying interest at that level...watching if it goes back there

1004
scalp: going to let nugt go to 1249 trgt,,,then may buy pb...it should pb first try 1249...let it do some work breaking some minor resist levels then buy pb, easier to glide through resist after already broken....SWING still have full position nugt, and half positino scalp atm


954
uvxy should test 627. last 611

942
MM 12.48 and 12.70 sell on NUGT ... Inv Bank higher at 14 but they will prob lower it

940
but US Dollar continues to follow expected roadmap almost exactly. still see lower on the daily dollar charts for swings. expected marginal new low on daily, then bounce back up to this area... should see lower again on daily

937
DX us dollar futures are now at breakout point, broke out then back down here quickly testing it not consolod after breakout

937
us dollar just pulled back 50% of its 60min big green candel

935
AMD up another 5% today, on way to 4.44 which would be a 100% move up (double) from $2 level


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".

Thursday, May 2, 2013

Thurs thoughts

356
MM stepped aside on UVXY for few min here...

333
INV BANKS back agia in uvxy...big buyig interest
629-631...same level...they want more
this one could generate over 1million shares...

309
72% rang again o n es

641 trigger n UVXY, last636

249
640 MM will sell some  the try to buy back again...shold be less at 640 than 631

237
629-631 UVXY...heavy MM buy interest in UVXY
i know its moving down, its normal, but reports suggest its pushed down in order to accum for later higher,,,swings

232
Inv Bank also have a buy level at 621 uvxy...may want that ....lol they r tricky...but imo good that they willing to "pay premium" for some shares at 640

225
600k shares just traded on uvxy...note how it came shortly after post below...a move up or down are both normal here... down because they are "done buying for the moment"...and no buyers...up because others jump in....both are normal but imo the position was that they accum it long not short

222
they will try to hold under 646 as long as poss...in order to build position
if a rapid move in uvxy comes, its likely them jumping over each other...NOT expecting that atm tho things could change on a dime

220
Inv Banks like 640 UVXY and look to be accum rather large positions in the vxx at that level
...for swings

217
4-5 points trgt on es, see what happens

216
660 trgt 1 on uvxy, 3%ish if hit...but no hard order in atm to sell since it can also move uber fast last 90 minutes of day

206
long UVXY. scalp 639

110
EARLY EXIT on 75% of scalp nugt here at 5%...
MM palying a few games here and i dont know what will happn
looks like they want to buy some more lower, then higher

103
nugt scalp up about 5% from entry this morn,,,nothing like the 31% gain on last swing,,,but waiting for scalp trgt to fill a bit higher same # 1260

1248
nugt levels sell 1234, 1249, 1266,1273... there are not usually this many levels LOL

1246
MM and Inv Banks have now raised bids in GDX...1228 last nugt
1200 and 1200 buy levels

1241
NUGT may hit trgt 1250 in 1-12 minutes,,,then 1260 after poss stall

1236
and the biggest have raised from 1273 to 1307...interesting how the smaller ones "take over" the prior "larger bank" levels...one reason why the "old levels" tend to stick on the first tries

1234
INV Banks raised the ASK in NUGT to 1274 level from 1249...no have better chance of having the 1260 order filled

1229
notice the volume and big green candle right after trigger hit: 3min chart nugt

1227
NUGT now at prev posted triger 1227..watching

1210
if nugt gets 1249ish and stalls rather than plowing thru to 1260...might take of the scalp early 1249ish...for now set to 1260 order tho

1209
look at 3 min VXX  uvxy: its breaking resist BEFORE the ES breaking support here...

1206
UVXY trigger: 12.27, last 1214

1205
uvxy 643 here to 660 uvxy trgt 1

1204
: ES now looks ready for pullback on 3min charts
first one prob small, bounce, then second one reshort bounce or add
looks like the 72% ay kick in here, modest trgt to start

1159
1177...buy level for NUGT and support 2

1158
MM are buying GDX here at this level 1210 nugt...but its MM likely just trying to push to their lower first trgt 1224ish

1156
72% short rang on ES here at 1592.50
might want higher first but it rang... seems a lil early to me but just passing on the algo signal ring

1153
a few more sellers still at 1215 nugt...then should pop to the .24

1152
MM cleared NUGT for 12.24 higher test...still see the other 1270 trgt tho and lim at 1260 still on scalp

1151
67% short signal on ES intraday...too early just fyi...watching for 72% to ring..at es 1592

1147
dollar is ready to crack its 3 month rectangle lower

1145
NUGT just hit trgt 1 of 3 in the target array. still see the next 2

1144
nugt scalp moving now... just like last 3 days


1137
US dollar following roadmap exactly last few weeks. I expect it to turn down again soon, its at its bounce trgt. when dollar goes down, gold silver nugt gdx may rocket, and this time the move shoul dbe bigger

1040
scalp: 12.60 lim order set, ABOVE all trgts, for NUGT for now...its the biggest Investment Banks sell level, other sell levels the same: 1210,  1223, 1270

1030
long scalping nugt here 1180 for 1200. still have swing nugt, diff trade. trgts 1200 and 12.23
, no limit order yet.

1006
just got stopped out of AMD. will look to buy back. great move this week amd tho

1001
put stop on AMD at 3.22 to protect this nice move up. if stopped out, will re-eval buying back...last 3.36

958
AMD rocking last 2 days.
a close over 3.15 today will put AMD over its gap down from october 11.  last 3.33. susceptible to HUGE short squeeze AMD. may have started yest on the high volume

951
MM and Inv Bank Levels
NUGT BUY: 1126, 1177, 1197.  Sell: 12.22  1248  1284
Lowest ASK and Highest Bid are MM not Inv Bank

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".

Wednesday, May 1, 2013

Wedn thoughts

144
going out...letting things bake...be back later...may see a nice move here

142
1573 next trgt on ES lower

129
GOLD is trying to reverse. NUGT may follow higher

119
UVXY standing orders to sell 25% at 749, 25% at 840,,,other 50% have trgts of 652  672  690 with no set orders on that 50% tho

113
VIX is approaching that 1450 "trigger" area...close now

111
ES now at trgt 2 from 72% short signal ring b4....still holding the uvxy
nice big red candles ES

1252
If VIX (not vxx not uvxy) gets 14.50 then may sent the VIX to 14.80, and UVXY toward 747. And also big red candle on the ES.

1243
raised sell order on half nugt to 1247 from 1217. may adjust again later. holding other half for higher

1240
AMD just tested prev high and broke to new highs today for 2013

1237
LOL this nugt sure is wild isnt it?? trip to 1136 lowr then quickly up to 1194 now at 1167


1147
getting scalp reaction lower on the 72% signal now es


1138
72% short ES rang 1587 here

1137
nugt needs to get over 1179, then stall, then 1217

1131
MM and Inv Banks raised bid, and decent 3min chart, prompted nugt buy. cleared for takeoff to 1214 tho may sell under that

1130
order in to sell at 12.14 nugt just bought
will still have half position left after sale if filled

1128
bought nugt above 1147 here. quick trade.
looks like nugt wants to test 1197 and 1214

1050
GOLD futures selling pretty hard today

1023
LOL the uvxy just hit the 659 exactly and pullled back some...MM sold as expected, but larger ones waiting for 672

1017
i dont expect a move in 7 minutes to 672, like the fast move that happened during yesterdays "cleared for takeoff" post...because there are some MM waiting at the 659 level to sell uvxy

but as we saw yesterday in nugt, when MM and Inv Banks raise their ask price,,,,the cleared for takeoff move can come fast

1015
UVXY cleared to test 672 by MM after 659 stall, last 646
but i'm still not selling half at 672 and keeping half,,,at least not yet...want to give this "big day" time to bake

1013
1582 ES likely to be tested, and reaction there is impt...if 1582 breaks can see intensified selling...a stall first would be normal of course, but another weak bounce could spell trouble in the ES intraday

1011
bounces on 15min chart being sold, unlike test the second bounce just got sold, ES.


952
still have old orders on UVXY to sell 2 layers at extreme targets. same as last 4 days.

951
NUGT: just put in order to buy if moves down to 11.47, last 11.76. may not get a fill on the order, but for now only buying the extreme on nugt

944
also looking to buy back half position in NUGT that sold yesterday ....have half position now and looking to add another half...but waiting even though its at a great pullback price

942
6.67 UVXY is prior Inv Bank sell level from yesterday but i'm NOT selling any there, for now. will wait to see how this develops for poss higher than that. full position atm in uvxy as the 667 order was not filled to sell yest.. again often these Inv Bank levels are hit the next day, so may see 667 today...but also poss much higher than that, so waiting for now

937
maybe UVXY will put in a large candle today...


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".

937