jjfrost
Long

Buy/Sell Strategy for UVXY Swing/Day Trade

AMEX:UVXY   PROSHARES ULTRA VIX SHORT-TERM FUTURES ETF
121 2 2
Refer to comments in chart $UVXY
jjfrost
a month ago
Move the RSI section down to see where I sell.

Please note, stops are important on this trade. I rely heavily on the SPY chart to confirm where UVXY may trade.

Since UVXY swings are so great, the trendlines on the RSI provide a great clue into the next move. 9/20EMA and VWAP also help but can be difficult with big swings in UVXY.
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Algyros PRO jjfrost
3 days ago
@jjfrost, You mention that stops are important in this trade and that you use the SPY to confirm it. Could you explain how you derive stops and how, specifically, you use the SPY as confirmation? BTW, thanks for the excellent ideas.
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