Trading Tip #1 Sit on The VIX Throughout the Trading Day
I use the advantage given to me by the VIX each trading day.
to gain valuable clues about future short term market direction.
I sit on the 1 minute VIX throughout the trading day.
Kinda like reading the tea leaves in real time.
This can be quite an added advantage if you know what to look for.
Let me give you are current example.
Note that the VIX has recently "Double Bottomed" in the first week of November ( See Circled Areas on Chart)
and also has held importantTrend line Support around 12.70.
Both are suggesting a short term bottom may be in place for the VIX
This is telling you that the S+P 500, which hit yet another all time high on Monday 11/4,
volatility traders are looking for resistance at Monday's high of 3085 right now.
This also gives you an added real time advantage when trading market direction ETF's !
Using the VIX, you can position yours bull/or bear direction trades to enter or exit the market,
using the added knowledge given to you simply by knowing where the VIX is, in its current pattern.
Shorting the S+P 500, on a breakout in the VIX , or Buying the S+P 500, on a price breakdown
Traders should try this strategy for a week.
See if it doesn't markedly improve your trading results almost immediately !
VIX Last 13.00
THE_UNWIND
11/5/19 630 AM
NEW YORK
to gain valuable clues about future short term market direction.
I sit on the 1 minute VIX throughout the trading day.
Kinda like reading the tea leaves in real time.
This can be quite an added advantage if you know what to look for.
Let me give you are current example.
Note that the VIX has recently "Double Bottomed" in the first week of November ( See Circled Areas on Chart)
and also has held importantTrend line Support around 12.70.
Both are suggesting a short term bottom may be in place for the VIX
This is telling you that the S+P 500, which hit yet another all time high on Monday 11/4,
volatility traders are looking for resistance at Monday's high of 3085 right now.
This also gives you an added real time advantage when trading market direction ETF's !
Using the VIX, you can position yours bull/or bear direction trades to enter or exit the market,
using the added knowledge given to you simply by knowing where the VIX is, in its current pattern.
Shorting the S+P 500, on a breakout in the VIX , or Buying the S+P 500, on a price breakdown
Traders should try this strategy for a week.
See if it doesn't markedly improve your trading results almost immediately !
VIX Last 13.00
THE_UNWIND
11/5/19 630 AM
NEW YORK