guspenskiy13
976 posts
msg #119687
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5/13/2014 4:41:41 PM
pretty nasty day; I've scalped DAL nicely through the afternoon. you have to be nimble and versatile to trade this successfully...
189.8 is some hard support for SPY for now
p.s.
JP, what do you think, should I focus on both SPY/DAL to trade DAL; or just DAL? I've been testing different approach and still didn't decide yet...
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johnpaulca
12,036 posts
msg #119688
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5/13/2014 5:02:55 PM
JP, what do you think, should I focus on both SPY/DAL to trade DAL; or just DAL? I've been testing different approach and still didn't decide yet...
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paper trade it for a bit and see which is more successful. How about backtesting it.
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guspenskiy13
976 posts
msg #119690
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modified |
5/13/2014 8:45:35 PM
Idk how to backtest it.
It's all about whether SPY gives me an insight or it's just a distraction..maybe a week of trading each way would give an answer...
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guspenskiy13
976 posts
msg #119693
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5/14/2014 9:07:00 AM
spy will drop today
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johnpaulca
12,036 posts
msg #119694
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5/14/2014 9:19:23 AM
AIRM($45.30)....could see a bounce here ...if the market moves higher today.
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guspenskiy13
976 posts
msg #119695
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5/14/2014 9:24:08 AM
If opens below low today, it has a very low probability of filling.
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johnpaulca
12,036 posts
msg #119696
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5/14/2014 9:28:19 AM
I wait until the big investors show up at about 8:20MST to draw my line in the sand
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guspenskiy13
976 posts
msg #119697
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5/14/2014 9:29:35 AM
(VXX)/(SPY)
Long time-frames are overbought and squeezed
Time-frames starting from 60 minutes give a sell signal.
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johnpaulca
12,036 posts
msg #119698
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5/14/2014 9:30:44 AM
SPY will be oversold at the open....buy or sell is the question ?
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johnpaulca
12,036 posts
msg #119699
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5/14/2014 9:33:21 AM
UVXY...I'm still holding ave. $47.20....underwater!!!
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