More solid trading off the Iris STD technicals in JPM C today. Entered at yesterday's resistance and had a nice pullback for auto exit.
Charts of Note
- Thread starter darkhorse
- Start date
On ET, your question (or one similar to it) is easily asked of a poster and sometimes is replied to by the poster in defensive or no response. I often experience the attitude on ET of political correctness as BS protocol. Rather, to the poster, "Are you pregnant or not ? And if you are, how pregnant are you ?" I may respect the questioning. However, I am Switzerland on the spectrum of respecting (to a degree and sometimes based on circumstance) the poster's response regardless of how unsatisfactory it is to the questioner.
I am not invested in THIS trade, BA / HON. This status has nothing to do with my conviction of the integrity of the options I put forth with the chart 4 posting. It has everything to do with (temporary) personal circumstance.
btw.....the "difference" was neutralized yesterday on Friday, Mar 8th, with HON closing almost 2% higher than BA. For the moment, we are back to ground zero, or last weekend, to which the 4-charts of plots were pictured.
The only trade I see here (if any) was BA short / HON long on 3-7 as the pair tested its Feb 19 standard deviation resistance (blue plotted line), and was in the top 25 percentile of its historical average. If entered based off the chart at resistance it came in 2% (red plotted line) by noon March 8th and would have auto exited due to the low STD.
I didn't trade BA for the last couple days (I like it vs GD) due to news on Thursday..it was auto omitted..but that vs HON still turned out to be a nice trade.
I didn't trade BA for the last couple days (I like it vs GD) due to news on Thursday..it was auto omitted..but that vs HON still turned out to be a nice trade.