My next big move

luckystar2006

While I still see some dangers ahead for the next couple of days and market uncertainty due to Brexit event next Thursday, I think we are getting close to a sizable dead cat bounce or a short-term bottom.  So, I'm going to get ready to bait for a big fish sometime between tomorrow and next week (more likely next week though.)

At this moment, I've not gotten any solid signals to go in yet, but some early signs of buy signals just about to show up, which means it's time for me to do some hunting.

秋雨

牛！

coexist

short any bounces

oldpigwang

A good opportunitiy is on the way.

acoust

源济

谢谢分享！

NG_NM

等待，不仅是经验，而且是管理：无为而治。

Hutong9999

luckystar2006

Below chart is one of reliable signals that I'm currently waiting for in order to buy CALLs.  Otherwise, trying to buy calls here is way too risky and a dumb move.

trend

wait Lucky LD signal...

mojideheng

默默看盘

Hi Laoda, I did not see any update on your side. Recently the market was changing with big wave and full of big fish likely.
Are your signals indicating anything about next 3 trading days. Thanks for your update!

uvxy

luckystar2006

Sorry, I was away from last Thursday and I didn't get home until just now.  Anyway, I hope nobody get trapped with their short positions as I see Futures is currently up +22 points.  I already warned it from my thread last Wednesday that a short-term bottom or a sizable dead cat bounce was close.

I don't mean to show off or anything from below screenshot.  My main point to show it is that as long as I trade with market direction, I should be safer.   Well, you guys can say that I'm lucky because Brexit poll seems to favor on Remaining side right now, which is a key factor for such a big gap up at this moment.  However, I want to point out that I made the decision last Friday to buy two sizable calls for over weekend because signals are super bullish.

Also, you can see that I bought and sell a sizable call trade on Thursday (one day after I created this thread.)  

Lastly, I plan to sell my calls tomorrow morning at market open if ES continues to show +20-point of gain.  Otherwise, I'll continue to hold for a little longer during trading hours because signals are bullish.  Same thing with my gf's trading account, which I instruct her to sell asap tomorrow morning.

Happyforever

Thanks for the update

luckystar2006

It seems like market is going to open pretty much with >20-pt.  I'm happy enough to sell right at openning

qzhou3

mojideheng

神操作！

风行过

nice call!  congratulate