I sold inverses premkt for a profit Friday before the bell. But I overtraded and ended slightly in the red Friday. I rebought light size UVXY etc aftermarket Friday, and again will sell Monday premkt if it drops. Or scale in if it runs. I hope we get volatility next week, last week was choppy except for tue. Best wishes all
looks like you may get paid on monday morning based on that nasty 1 hour red candle stick that started at 10 pm est on futes....we shall see...there is that always wild 3 am or 4 am move by futes.
Not gonna say I told ya'll so... however... There ya go. Today was a textbook, classic, bear trap. 100's and 100's of millions were lost starting at 2:30PM est There's no free lunch guys. It's all math... and the whales know all.
Indeed, see the chart of my Renko system. There was definitely a reversal between between 2:23 pm and 2:30 pm today. It waited till 3 pm to go long as it is a trend-following system (a bit laggy). It then had 3 winning trades before the close for 11, 7, and 3 pts...so 21 pts total. Bottomline: my system has the math and picks-up on trends and trend reversals. Indeed Vanny, it's all in the math....which helps to set the profit targets and trailing stops.
Here's my unirenko chart for the same time frame, basically. It's only a 7,3. Looks like you have larger bricks. Timestamps are on bottom...
uh-oh....futes is down today 9/20/22. u fellas saw the move starting around 3:22 am est this morning? what did i tell u about the 3 am - 4 am move? just like clock work...rinse and repeat. let's get paid today!