Epic game last night. First time I have found myself rooting for the Patriots.
The bears had another great opportunity to rock the boat this morning and passed. Off the open, I took an NQ_F long at 4092 as well as shares in KEG and ADXS over in 12631. I’m stalking a long in oil here for the day, and possibly calls in CRM.
This should be an interesting week in terms of opportunity. This rejection at the lows might have legs for a couple days.
I’ll update you later today with anymore trades or ideas.
OA
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Jeff, Am still holding $AAPL Feb $116 calls since before earnings [missed your call to sell it on earnings day]. Any feedback? Thanks
I didn’t sell all of it, I’m still holding AAPL calls here too.
cool, thanks for feedback
anyone have trouble logging into thinkorswim? my desktop is frozen at initializing…
its fixed. restart it
DDD looking interesting here.
I bought Feb calls on Friday. Like this one too.
Is that a sentiment cycle play? I’m not seeing a clear price pattern.
SSYS looks a little cleaner to me. No position in either.
Give it a look on a 5yr
I’ll take a look when I get home, stockcharts won’t let me go that far out.
I’m thinking if you’re having me look that far out, it probably has a pretty hefty volume pocket overhead.
Long OIL Feb calls…continue to short “growth stocks” on any declining MA backtests. Easy Peazy Japaneazy.
PS.
Still very short GOGO from $15.33/$15.47 🙂
why would you root or the Patriots?
Hawks gave that game away at the end.
Just like Green Bay gave them the NFC
I said I would root for whoever was down going into 4th quarter. Not a Richard Sherman fan either.
Oil monster 2 day rally. Right up near that $51 resistance that’s proving too strong
beginning of the month buying this morning but the sellers are back in control
Draw them in and then spit them out. I refuse to play.
“You know why I’m here” – famous words addressed to the press, and now to Pete Carroll, by Marshawn Lynch. (in all seriousness, though, he kept his cool after the game by saying “this is a team game”
Woot Woot! Stay short GOGO $$$$$
Sucker bounces are for, well…suckers!
Long OIL (Feb calls) very short GOGO.
$$$$$$$$$
This is a repeat of last year. Position yourselves accordingly.
Now let’s see if Fly buys WDAY, SPLK, FEYE, YELP.
I’ll take the other side of your trade.
And what would that be?
classic /nq trade.well done
the YEN daily and the VXX weekly charts are some the best looking set ups out there in my book and the reason I’m staying heavy short. Very hard for the market to rally with these charts looking like breakouts.
Looks like we will get the bounce within the range for another day/day and a half then see more downside
-8% YTD is a good entry point to go long.
EMES looks like it could be a good long going forward.
Wish I would have followed my own advice.
Jeff, just curious which broker you prefer to use for futures trading? I just got approved for futures trading. It will be so much better than trading QQQ, SPY, etc. options and having to worry about theta burn.
I’m on IB btw. Looks like their commissions are vastly superior to TOS regarding futures, however TOS has the superior platform.
IB without question. We’ve been nailing some big moves in the futures for the last month. Good risk management, stop movement, and location strategies.
Yeah I’ve been following along with QQQ, IWM, etc. It’s been pretty phenomenal. Definitely been the best trade out there lately.
I’m still trying to figure out my strategy for futures as I’d like to do more of it. It would be awesome if you could go over your basic strategy of stop loss, profit target, trailing stops, etc. in one of your video updates. Perhaps you already have a tutorial on TA. I’ll check.
From what I gather from listening to you here and there during the day is it’s best to set a tight stop off the bat, move up the stop after you get a decent gain and trail from there. I guess my main question is how many points are you looking for before moving up the stop to breakeven, or is it a percentage gain? And then from there I’m guessing you’re just looking at things like VWAP, traditional TA support/resistance, volume profile on various short timeframes, etc. for where to exit.
I’ve been listening to some webinars that Futurestrader71 has done and I swear him and Raul are cut from the same cloth. Very good info out there if you look in the right places. Trying to learn as much as I can.
BTW, it looks like it costs $85 to get TF live data on IB. That totally sucks. Guess I’ll stick to NQ and ES. They’re most liquid anyway.
Interesting happenings in the currency markets tonight. AUD/USD is getting destroyed after a surprise rate cut. The race to ZIRP and NIRP continues!
You are either in position or you are not – there is no getting into a position at the open – very frustrating Looking for oil to clear resistance at ~$52.
very true. Can’t decide if I let HAL keep running. weeklies smoking since Friday.
Hmmm that GOGO short call truly epic LOL $$$$$$NOT
OA gives us KEG the troll brags at wrong time once again sigh
You aren’t taking into account the 50DMA!!!!!
Easy-peezy or whatever $$$$$$$ WOOTWOOT. BONERS