"The only way to trade with Fibonaccis" journal

Wish I had sold those options a while back. Haha.

 

Next SPY long entry point will be buy 1,400 shares at $124.10.

 

A lot of this type of trading involves waiting. Yawn.

SPY: -$9,000
Hedge: $4,361

May close the hedge tomorrow.

 

Wow one of the biggest up days we've had in a while. Anyone know why?

SPY: -$5,850
Hedge: $2,931

 

Jun 17th was the SPY ex div date.

0.628 per share * 1,800 shares = $1,130.40 coming my way.

 

6/22
SPY: -$7,254
Hedge: $3,517.50

 

isn't your rule is to close position below 0%? what rule you talking about?

 

That was only when I was day trading the ES. I mentioned a few pages back (depending on how many posts you have per page) that I wasn't going to close out this position even if it went below the 0 line. In fact, a few posts back, I have already stated the next entry level which is below the 0 line. It will be to buy 1,400 shares at $124.10. This will bring the total position to 3,200 shares and the average cost to around $128.94.

Sorry for any confusion.

 

not much change from yesterday. Big range today, though.

 

waiting for price to make up its mind and decide where to go. Yawn.

TA guys, what is this, a wedge or something?