Bought back one unit CL at 58.01, + 1.09. Holding two units short CL and 3 units short "OVX". Even though "FV" on the main trading model is ~55.75, there I have another trading model that allows me to trade units with higher frequency around the main position. It acts as a "Bollinger Band" of models. That one gives "FV" at ~58.00 when I exited one unit. As seen above, I have a choice of exiting the short CL or entering long BC. Which one I do depends on "FV" in relation to BC or "FV" in relation to CL. This time around BC has almost no edge.
1st attempt at fix of Silver model. "FV" ~16.13. We'll see how this goes. If I get enough edge away from "FV" I will trade it, but using absolute minimum size.
XAGUSD "FV" ~15.92. At time I post this actual silver is trading at 15.98. Gaining some confidence in new silver model but still too early to tell.
nitro..there is no trade-able OVX....futures...u are just quoting the index that cannot be traded.. what is wrong with u? does this "journal" have to be moved to chit chat like your last one? serious question
i did and its laughable ...claiming you are long or short a non trade able vol index (or discontinued futures) when in fact its a straddle of some sort is beyond ridiculous; especially coming from an older , supposedly educated person. why not just journal it as it really is? these are legit issues as we are supposed to be a real trading site, and far from trolling...