Position trading calls and ideas

Discussion in 'Trading' started by bbpp, Sep 3, 2019.

  1. vanzandt

    vanzandt

    It fell to $1135, $1146 now. It should head back up.
     
    #41     Sep 11, 2019
  2. vanzandt

    vanzandt

    There's $1826. I rested an order to short a tiny bit at $1831.35. Day order.
     
    #42     Sep 11, 2019
  3. vanzandt

    vanzandt

    ;)
    Got it, sweated an hour or so, covered at 1823.50 when it fell thru vwap the 1st time.
     
    #43     Sep 11, 2019
  4. bbpp

    bbpp

    Long euro at 10430.
     
    #44     Sep 12, 2019
  5. long on homebuilding sector
     
    #45     Sep 12, 2019
  6. bbpp

    bbpp


    My euro call is still valid. Because euro didn't break the bottom formed on 9/3/2019.
    The idea is to enter the position at the time of the call, and set a stop beyond the bottom. If euro breaks bottom, I will take the loss, and the signal would be deemed failed. If it doesn't break the bottom, and the rally is coming, I will enjoy the rally with my position.
    This time I didn't enter the position and hold to it. Because my last signal failed and I have a rule that if my signal fails, next time I will not trade on it until it works again.
     
    #46     Sep 12, 2019
  7. vanzandt

    vanzandt

    $1129 this morning. ;)
     
    #47     Sep 13, 2019
  8. bbpp

    bbpp

    Exited at 10740.
     
    #48     Sep 13, 2019
  9. bbpp

    bbpp

    #49     Sep 16, 2019
  10. bbpp

    bbpp

    This oil spike is messing up my calls.
    Not only my euro call is messed up, I was very close to calling a bottom on 10 years T-note.
    Now 10 years note is up big on oil spike today, interrupting its nature bottoming process.
    Now I don't know whether its bottom process is completed.
    Now I can only say 10 years note is very close to its bottom, and after bottom it will have a decent rally to upside. But I can't say if it has reached bottom yet.
     
    Last edited: Sep 16, 2019
    #50     Sep 16, 2019