Trading Plan for 04_05...

luckystar2006

Futures is currently dropping slight (~7pts), but anything is possible by market open.

My strategy is:
a) If Futures open with a down gap again, some intraday signals suggest some sort of rebounding for at least an hour or two during morning.  I'm not sure how market will do for the rest of trading day.

b) If Futures open with a down gap again, it'll be the 4th one.  So, the 5th one is there, but quite rare.

So, both a) & b) suggest that there could be an upside swing that I'll catch somewhere & somehow.  Other than that, I've no faith with that short-term signal which suggests SPY (currently ~206) drops to ~196 before April 08th, unless Cobra got kidnapped by aliens which causes market going into panic mode.

trend

usually we call swing over several days, not sure your "swing" for how long?
also just curious why don't you trade emini other than option?

novice_trader

......unless Cobra got kidnapped by aliens which causes market going into panic mode.  No way! market will rally to 2100 in no time.

源济

谢谢分享！

风行过

为了可怜的小熊还是让 Cobra 给 aliens kidnapped 吧。 就几天， 过后我把他赎出来。

georgeyn

thanks for sharing!

Hutong9999

Cobra

novice_trader 发表于 2016-4-4 09:22 PM
......unless Cobra got kidnapped by aliens which causes market going into panic mode.  No way! marke ...

cbd

Happyforever

Aliens, please!

HappyMoney

Crude is down. USD/JPY is down. DAX & NIKK are down. Risk off. First intraday support SPX 2043. I think we could have seen the intermediate term top. But don't believe me. I called top at SPX 2040~2045 before.

luckystar2006

trend 发表于 2016-4-4 09:10 PM
usually we call swing over several days, not sure your "swing" for how long?
also just curious why  ...

Swing trade is usually intended for longer than a day.  Why I kept using swing signals for day trading is because just in case my trade gets stuck within that day, my temporarily loss will probably get recovered next day.  That's the beauty of my swing signals.

About trading emini, I'm not there yet as I'm still in learning process.  It took years for me to master my signals so I can trade options.  Once I'm 100% confident with trading options, my next goal will be focusing on emini.

luckystar2006

With Futures dropping this much, that 120-minute signal (I showed you guys before) + some other intraday signals probably get triggered this morning.  However, I believe short-term trend is down right now, which means get out as quick as you could and don't be too greedy.

jukifox

luckystar2006 发表于 2016-4-5 07:55 AM
Swing trade is usually intended for longer than a day.  Why I kept using swing signals for day t ...

ES 1小时MACD的0轴下很深了，这里感觉应该会有反弹出个金叉，然后回到0轴附近不一定上穿，然后如果跌，会继续下探。

luckystar2006

jukifox 发表于 2016-4-5 08:18 AM
ES 1小时MACD的0轴下很深了，这里感觉应该会有反弹出个金叉，然后回到0轴附近不一定上穿，然后如果跌，会 ...

I'm quite sure that there is a lower low ahead in next few days.

By the way, I won't buy CALLs right at market open.  It's not an ideal entry point yet.

jukifox

luckystar2006 发表于 2016-4-5 08:22 AM
I'm quite sure that there is a lower low ahead in next few days.

By the way, I won't buy CALLs  ...

这个是非常非常TRICKY的，如果现在没有强反，那么真有可能会直接测试2000啊。

luckystar2006

jukifox 发表于 2016-4-5 08:49 AM
这个是非常非常TRICKY的，如果现在没有强反，那么真有可能会直接测试2000啊。

There are some solid support ~203 for SPY from several time frames.  Let's see....

jukifox

luckystar2006 发表于 2016-4-5 08:51 AM
There are some solid support ~203 for SPY from several time frames.  Let's see....

ES 1小时已经在这个地带横了6个小时了。。。

HappyMoney

Need to see how ES will trade after Europe closes in a few minutes. ES could trade much worse in the morning. But the sellers seem have no momentum.

luckystar2006

jukifox 发表于 2016-4-5 10:07 AM
ES 1小时已经在这个地带横了6个小时了。。。

The longer it consolidates like this, the worst it's for bulls.  So far, I don't have any solid signals to act upon yet.