DonkeyTrades
Short

Almost A Guaranteed Win

SP:SPX   S&P 500 Index
98 8 0
Almost A Guaranteed Win
And then where do you plot the movement after that? :) (ABC)
Reply
DonkeyTrades Trance-Man
it could turn into a deeper abc correction, the c point hitting the 0.618. or it could bounce at the 0.382 and start a new cycle, or turn into a double or triple zig zag correction. you would just have to wait and see. my guess is that there is going to be a much more significant correction, as the S&P is much overdue.
Reply
Trance-Man DonkeyTrades
:) Wait where is the 0.618? Thanks.
Reply
DonkeyTrades Trance-Man
Reply
Trance-Man DonkeyTrades
Nice, thank you.

I bought the VXX puts.
= $31.00 Dec 26, 2014 =

If you were me (opinion I know) how would you play it?
Reply
DonkeyTrades Trance-Man
trade it to the 0.382 then exit
Reply
Trance-Man DonkeyTrades
But the VXX puts are inverse of the S&P. If S&P has a rebound on Monday I was thinking, on the rebound I exit position (with a profit - this position benefits on a S&P increase) and then take a new position maybe on an expected deeper fall on the S&P, in that case I would then Buy the VXX Calls, maybe the $33.00 Calls for Jan 9 or such. Thoughts? Thank you, by the way, interesting insight.
Reply
DonkeyTrades Trance-Man
trade the E-mini S&P Future
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out