Trading my Signal

I have a very easy methodology for trading my signal

When you see a buy, whether for 1,2, or 4 hour (those designations are for the chart time frame) I buy the shares or I buy ATM calls, one to two weeks out.  You need to set your stop profit and loss.

For the sell, it is the reverse, with one exception.  For UVXY sell, you can buy XIV, SVXY, or buy puts, that are 20% out of the money at least 8 trading days but as close to two weeks out, as possible. I like to double my money, but will roll up my stop.  You must set those as your comfort level demands.

The hourly trades are 1-3 days tops, the two hourly is 2-4, and the four hourly is up to a week.

The UVXY/XIV trade is off the charts positive when back tested (triple digit plus).  The others will produce better than market returns.

I am working on a ES/SPY daily trade that is back testing very well.  I am developing with a partner, so it will be a separate charge when released.

Email me with specific questions.

Morning Update

No changes to my portfolios.  I am expecting an up day today, and until Thursday.  I am still holding my VXX October week 2 25 puts, and that is pretty much it.

For NADEX, the extreme move blew right through my buy price yesterday.  I will set today's trade after the market opens.

I am still of the opion the the rest of October will be pretty rough, and then we will get some epic buys in BIS and UVXY puts for our year end trades.

Morning Update

Sorry for the sabbatical.  I was travelling and my other business took off making my mornings a bit crazy and distracting.

I am switching my ultimate portfolio to max defensiveness on Thursday.  That means 90% SDS, 10% XIV.

The $50,000 to a million challenge is in cash, right now.

The hourly short vol trade is setting up for another short for Tuesday.

NADEX, waiting on the open to set my trade.

I am also looking to short gold this week for a trade.

Remember, look to short IBB, or go long BIS on any dip.  The Biotech bubble has burst, and it will drive the broad markets sown with it.  It has far to fall.

OK, The Big Week is Here

The Market Makers and Prime Brokers have positioned the index at exactly the 50% retrace level between the ATH's and the recent low.  Plus they gave us a head and shoulder or a ascending triangle pattern to decipher.  We are also cycling up on momentum, as volatility is slowly leaking back out.

For me, I am playing it with selling volatility, and will hedge it with ES short or TVIX if the Head and Shoulder breaks after Fed Day.  My view is that all the bad news is out, and China has signaled they will do whatever it takes to prop this market.  Japan, and Europe the same.  Even if the Fed raises rates, it is a known event.

So I suspect a pop, and then we wait for earnings season to start the gravity wave down again.  Potential upside is 2160, the downside is the lows.  Either way I suspect the move will be pretty big.

For Gold, it looks like a retest of the bottom of the descending triangle, and then off to $1050.  I will sell this rip unless it makes a higher high.

Deja vu.

Morning Update

Keeping it simple.  Trading GLD short. (GDX sell signal should hit today), Trading ES on the hourly, and shorting volatility when I can.

The ultimate portfolio is still at 50/50, and will remain so through next week.  The $50K to a $ 1million challenge is long SVXY from yesterday's open, and up very nicely.

NADEX short at 1963 just got clipped.

High potential we go back to the old highs.

Enjoy

Daily Update

Stilll holding to my three days up because China is not around move.  1978 area is a high volume area and a measured movefor ES.

For both portfolios, no changes.  Vol dropped nicely yesterday and my signal got us out of long and into short nearly perfectly.  Signal still says short vol, I may through some puts on, as well.  We'll let you know if I do.

NADEX spread was enjoying itself way out of the money but the 43 sucumbed to that incredible end of the day ambush.  The 13 was fine.  Will look to put on another spread today, after the open.

Finally gold is falling, I am still expecting 105 before my expiration.

Daily Update

Sorry for no post yesterday.  I literally traded all night, the night before and was too tired.  China has made the early overnight much more interesting of late.  Which brings me to me thoughts for the remainder of the week.  We will have three up days.  Why?  China is closed for a two day holiday, and our NFP report for Friday will be softer than expectations (statistically so) therefore the selling catalysts are absent.  So we go into a three day weekend of light volume that the algos can drive price higher, and test the courage of new shortsellers.

So, I am keeping my Ultimate portfolio at 50/50, and we will have a XIV buy signal at the open, so will be buying SVXY for the $50,000-$1,000,000 challenge.

I will close my TVIX at the open, and am still holding GLD puts for September, and will look at some GDX puts, as GDX is on a sell, as well.

For NADEX we bought the 1913 for the end of the day.