Viewing 15 posts - 31 through 45 (of 72 total)
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  • #25936
    cimac
    Participant

      Back in the day ‘K’ and I had several chats about the
      undershoot then overshoot of big round numbers.

      It’s the way a market likes to upset bulls and bears.

      Never give up, never surrender.

      #25937
      cimac
      Participant

        Small short Dow 26200 … stop above 27000 and limit below 25000
        and I will fine tune those later.

        Still hold the 26100 but that goes at b/e as it’s now redundant.

        Never give up, never surrender.

        #25938
        cimac
        Participant

          Risks are we could see 26700 in a kinda double top zone retest.

          We are not fishing for minnows, it’s the big tuna we want,
          hence the nerve and financial commitment.

          You have to believe in something, sometime in this life.

          As per kpad rules, no advice intended, in my posts.

          Never give up, never surrender.

          #25939
          cimac
          Participant

            Still hold the 26100 but that goes at b/e as it’s now redundant.

            Out at b/e as per plan.

            Leaves me with only the short Dow 26200

            Have a great weekend kpaders.

            Never give up, never surrender.

            #25940
            cimac
            Participant

              Small short Dow 26200 … stop above 27000 and limit below 25000
              and I will fine tune those later.

              Stop set at b/e which is good practice as it’s more
              important not to lose than it is to win, imho.

              Risk of a rally into Triple Witch still exists.

              Never give up, never surrender.

              #25941
              cimac
              Participant

                Small long Dow at 26040 this is to lock the short 26200
                as we await the China trade news after US closes.

                All stops removed as they are not required atm.

                Never give up, never surrender.

                #25942
                cimac
                Participant

                  Small long Dow at 26040 this is to lock the short 26200
                  as we await the China trade news after US closes.

                  All stops removed as they are not required atm.

                  Closed long at b/e so the handbrake is off my short position.

                  Never give up, never surrender.

                  #25943
                  cimac
                  Participant

                    Small short Dow 26200 … stop above 27000 and limit below 25000
                    and I will fine tune those later.

                    Stop and limit reset as we still have Triple Witching to get through
                    and maybe EOM booking squaring and start of month buying.
                    Phew after all that maybe we can get some proper day downs through
                    the October – November mini crash time window.

                    Never give up, never surrender.

                    #25944
                    cimac
                    Participant

                      Due to the risks and the fact I need more time to work
                      on my system. I am only using 25% of my funds and
                      only half of that is at risk for this trade.

                      I think that only risking 12.5% of capital is prudent.

                      Never give up, never surrender.

                      #25945
                      cimac
                      Participant

                        Small short Dow at 26325 stop 27325 limit 24325

                        I will close the 26200 at b/e

                        Never give up, never surrender.

                        #25946
                        cimac
                        Participant

                          Well the bad news is when I got back today I find
                          the Dow up and both my positions closed at 26325.

                          I’d set both stops at that price because I thought
                          there was a good chance the minor ‘h’ was in.

                          I now have a entry to short at 26500 which I will
                          hold through the autumn.

                          The alt is to wait until the 2nd October.

                          Never give up, never surrender.

                          #25947
                          cimac
                          Participant

                            Small short Dow at 26460 – stop 27460 – limit 24460

                            Opened now so that I can stand back and work on other projects
                            but it’s a greater risk than waiting for the 2nd October.

                            Still only using 25% of my pot and only risking 12.5% until
                            my analysis proves to be more often right than wrong.

                            Never give up, never surrender.

                            #25948
                            cimac
                            Participant

                              Small short Dow at 26700 … stops and limits to be adjusted later.

                              That’s it for me until monday so I will miss Triple Witching but the
                              main action may already have been squared away this week.

                              Never give up, never surrender.

                              #25949
                              kitsu
                              Participant

                                The dip within a week of expiry and ramp seems to play out especially on quarterly expiries.

                                That dip on Monday early hours to sp 2880. now 2936. Dow 26000 now 26740!

                                Keep saying I will buy a small call but never do.

                                #25950
                                cimac
                                Participant

                                  Hi kitsu

                                  I have been looking at the Dow daily chart over the
                                  last 6 months and can see a target of circa 27000

                                  If that happens early October then I will move my
                                  ‘in play’ risk from 12.5% to 25% of my funds.

                                  But only if the ending wave count fits.

                                  Never give up, never surrender.

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