ETF Arb trade strategy for today 2PM Fed announcement

Discussion in 'ETFs' started by KCalhoun, Apr 29, 2020.

  1. Usually the first reaction is in the wrong direction.
     
    #11     Apr 29, 2020
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  2. KCalhoun

    KCalhoun

    Great point, I'm trading TNA/TZA ahead of 2PM now, they've got the widest range clean chart patterns
     
    #12     Apr 29, 2020
  3. tango29

    tango29

    I'm in a little early on my trade, and using the ES. Short from 43.75. 1 partial in.
     
    #13     Apr 29, 2020
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  4. tango29

    tango29

    I'm out with 2, 5 and 10. Lunchtime and sorry for polluting your thread. I Just saw your post with an idea and thought I'd throw one out.
     
    #14     Apr 29, 2020

  5. Why not implement this trade in a different format,, for example buying a put and a call, and not having to worry about stops,, you can use the shortest time frame available for options, weeklys maybe

    other method is shorting 2 puts or 2 calls same strike but different months or weeks if your doing weekly, with the one being shorted the farther out months or weeks, in either case both these strategies will make money if the move is big as your anticipating with out the fear of getting whipsawed or stopped then the move taking place
     
    #15     Apr 29, 2020
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  6. KCalhoun

    KCalhoun

    Good ideas..... today it didn't work because market just chopped around after fed/Powell. Lesson learned note to self is use further away entries to try and avoid chop.

    I test a lot of ideas trying to figure it all out. Frustrating sometimes, feel like Edison testing ideas for lightbulbs...
     
    #16     Apr 29, 2020
  7. Yeah, but Edison wasn't losing with odd lots. lol to arb.
     
    #17     Apr 29, 2020
  8. #18     Apr 29, 2020
  9. the poop man is full of shit, he just posts piss talk because he had a piss childhood, he is hiding now ha where you at loser
     
    #19     Apr 30, 2020
  10. i like poopy, best nick on the site
     
    #20     Apr 30, 2020