As If Bear Has Not Been Screwed Enough - Now They Want To Castrate Him!

Market Next Week

  • Bull

    Votes: 31 38.3%

  • Flat

    Votes: 11 13.6%

  • Bear

    Votes: 19 23.5%

  • I don't care about the market, just SAVE BEAR's NUTs!

    Votes: 20 24.7%
  • Total voters
    81
Quote from Trexticle:

Do you use all those indicators? Do any of them make you money on a consistent basis?
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YES,Volume, RSI, MFI and a little of MACD(5,13,6), However you have to match your Stop loss and target price With the VIX and ATR. As you surely know, when VIX is higher you have to risk more and target more.
The other strategy which I am not using but I heard some poeple do is to scaling the position sizes in this type of setups. Meaning to divide your position size into smaller sizes and go short with these small sizes if the price goes up or down. ( with a very serious dollar amount stop loss in your mind ). Lets say for example 1 contract here at 1140 and one in 1150 with total $1000 stop loss and targeting 1120 if goes up, or 1 here and 1 @ 1132 with the same target and stop...
 
Quote from madmaxer:

YES,Volume, RSI, MFI and a little of MACD(5,13,6), However you have to match your Stop loss and target price With the VIX and ATR. As you surely know, when VIX is higher you have to risk more and target more.
The other strategy which I am not using but I heard some poeple do is to scaling the position sizes in this type of setups. Meaning to divide your position size into smaller sizes and go short with these small sizes if the price goes up or down. ( with a very serious dollar amount stop loss in your mind ). Lets say for example 1 contract here at 1140 and one in 1150 with total $1000 stop loss and targeting 1120 if goes up, or 1 here and 1 @ 1132 with the same target and stop...
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As far as consistent profit, You can put RSI and MFI on your daily @ES chart and evaluate the overbought , oversold lines and justify what I am talking about. perhaps nothing works forever.... :D
 
Quote from shortie:

if the market were to start dropping this week, what would be good sectors that may lead to the downside: semis, financials? i would like to pick a couple of sectors like that and watch them like a hawk for any weakness, once i detect a weakness i will pounce.

any good candidate sectors?
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anyone? bueller?

on Mon: SMH (semi) and XLE were weaker than XLF and SPY - does it mean anything to anybody?
 
Quote from shortie:

anyone? bueller?

on Mon: SMH (semi) and XLE were weaker than XLF and SPY - does it mean anything to anybody?
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You are lookin' in the wrong cupboard pal ...
 
Quote from Sell 'em:

You are lookin' in the wrong cupboard pal ...
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So guide him to the right cupboard ... pal.

Break

Futures are down nicely. Hopefully, we will accelerate going down.
 
Quote from Petsamo:



Break

Futures are down nicely. Hopefully, we will accelerate going down.
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Nah, within a few minutes after the opening they will push it higher, the bulls want new highs for the year and I think they will push it in that direction until satisfied.
 
Quote from Ivanovich:

Down "nicely"? Dow is down...what...21 points at the moment?
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ES -0.33% now.

the correct way to describe this is: "futures were absolutely crashed overnight"
 
Back in the green on the dow..

What looked to be an early morning decline has led to a small rise to the upside as usual.
 
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