I will devoting this to currency trades and setups I am watching for.
Analyze:
Trend
Support and Resistance
Price action
Entries:
Based on PA failures usually.
Some simple signals as well.
Timing:
Looking for time of continuation and exhaustion.
Saturday, April 14, 2012
Thursday, October 1, 2009
Top is in
Fracts, moons, Oct. It's all gonna line up.
Perfect full moon top kicker. Full moon is on Sunday and I believe it's +/- 3 days. Yearly cycle extends into the 1st or 2nd week of October too so not only that, but October's usually the worst month. Also it's a friggin bear market so we're due for some pain.
Plenty of downside left. We broke that fract support too.
Good trading.
http://www.fep.up.pt/disciplinas/ce726/Lunar%20Cycles.pdf
Perfect full moon top kicker. Full moon is on Sunday and I believe it's +/- 3 days. Yearly cycle extends into the 1st or 2nd week of October too so not only that, but October's usually the worst month. Also it's a friggin bear market so we're due for some pain.
Plenty of downside left. We broke that fract support too.
Good trading.
http://www.fep.up.pt/disciplinas/ce726/Lunar%20Cycles.pdf
Sunday, September 13, 2009
This post....
http://straittrades.blogspot.com/2009/08/tuesday-update.html
Mentioning Sept. 11 at the top.
Mentioning Sept. 11 at the top.
Re-iterating this Sept 11-14 pullback
There are signals from my cycles, moon cycles, and Hurst. I would be VERY surprised if this isn't the contraction/crash start.
Posted this a month and a half ago (from a post a while back)......"Overall, everything going as planned. Playing for a big break in the markets this week and going forward. Weakness to persist through sept with a bounce @ the end of the month. Then a steep fall around ******Sept. 11.*******"
I was VERY early on my crash call back in August and in fact the main reason was my lunar model. Well I reviewed it and I was a month off. It was a Sept cycle +/- 4% meaning early as August or as late as October. Well this is going to extend AT LEAST until end of October.
I'm holding S&P Oct. put leaps - 95 strike for this pullback. I'm down about 30% on them so far, but looking for a few hundred percent (especially with the vix).
This is the start. This cycles begin at the VERY start of when they should. Not earlier. That was my problem back in August and it's been fixed.
Best of trading.
Posted this a month and a half ago (from a post a while back)......"Overall, everything going as planned. Playing for a big break in the markets this week and going forward. Weakness to persist through sept with a bounce @ the end of the month. Then a steep fall around ******Sept. 11.*******"
I was VERY early on my crash call back in August and in fact the main reason was my lunar model. Well I reviewed it and I was a month off. It was a Sept cycle +/- 4% meaning early as August or as late as October. Well this is going to extend AT LEAST until end of October.
I'm holding S&P Oct. put leaps - 95 strike for this pullback. I'm down about 30% on them so far, but looking for a few hundred percent (especially with the vix).
This is the start. This cycles begin at the VERY start of when they should. Not earlier. That was my problem back in August and it's been fixed.
Best of trading.
Wednesday, August 19, 2009
The next leg.
This is the next leg from Mondays fall. Timed perfectly this should break through current support. Personally protected myself from yesterdays rally which was just as good.
Sold my BWLD @ 1.10 from .65. Saved me about .35. Currently .75.
I did buy a mess of puts yesterdays though at the bell. Noticed cycles were changing so I hopped in puts in:
AA 13's @ .33
AKS 19 @ .25
JPM 40's @ .17
BWLD .35's @ .05
Turns out AA got downgraded today so with the market being down i'm up nicely on all. I'm going to get out of AA and AKS at the open.
This could be a sharp sell-off for the next few into OPEX, but my main focus is loading up on HANS since the next cycle is coming soon as well.
Here's a post of the positions: (account summary in a new post)
NOTE! P&L is incorrect. Bids start at zero before the market opens ;)
Sold my BWLD @ 1.10 from .65. Saved me about .35. Currently .75.
I did buy a mess of puts yesterdays though at the bell. Noticed cycles were changing so I hopped in puts in:
AA 13's @ .33
AKS 19 @ .25
JPM 40's @ .17
BWLD .35's @ .05
Turns out AA got downgraded today so with the market being down i'm up nicely on all. I'm going to get out of AA and AKS at the open.
This could be a sharp sell-off for the next few into OPEX, but my main focus is loading up on HANS since the next cycle is coming soon as well.
Here's a post of the positions: (account summary in a new post)
NOTE! P&L is incorrect. Bids start at zero before the market opens ;)
Monday, August 17, 2009
And there she goes.....
This looks to be the start of our correction I mentioned. I split up some astrology cycles into the yearly time frame and it turns out March and August are the turning points. Kinda funny how this has lined up.
With that said, I caught very little of this fall unfortunately. I decided a while back that I won't hold options over the weekend due to the extra Theta burn involved. I think i'm gonna have to rethink that one and buy leaps instead.
I did close out of my BWLD aug. and sept. puts. Aug @ .15 (E) and my sept. @ 1.10 (from .65) for about an 80%ish return on those.
I also sold out of my LDK calls @ .40. Not sure if i mentioned that, but I wanted to stick to a strategy that didn't have any earnings factors involved since it's such a lotto. Turned out to be a good choice.
On the HANS from I bought more calls today. Own the 32-34 calls now. Why I did this I don't know, since it should pop by Wed or Thur. Unfortunately I'm addicted to buying support levels and really should focus on letting the cycle play out.
DNDN another fall here. This correction aligns nicely with the markets. What's the yield on my option position? 0. Great. What a joke.
Here's the trade summary.....
Add the fact that BWLD was sold @ 1.10 and I bought some 33's on HANS @ .25.
Account @ about 223 from a start of 289 right now. The killer LIKE ALWAYS is fucking theta. Seriously, this is destroying me.
Opened up a forex account to test the new method combined with the old and it was up approx 150% on 150 trades. So obviously this garbage is working. Options just make it more difficult. I'll post up a rough equity curve of it too. It's very pretty :)
With that said, I caught very little of this fall unfortunately. I decided a while back that I won't hold options over the weekend due to the extra Theta burn involved. I think i'm gonna have to rethink that one and buy leaps instead.
I did close out of my BWLD aug. and sept. puts. Aug @ .15 (E) and my sept. @ 1.10 (from .65) for about an 80%ish return on those.
I also sold out of my LDK calls @ .40. Not sure if i mentioned that, but I wanted to stick to a strategy that didn't have any earnings factors involved since it's such a lotto. Turned out to be a good choice.
On the HANS from I bought more calls today. Own the 32-34 calls now. Why I did this I don't know, since it should pop by Wed or Thur. Unfortunately I'm addicted to buying support levels and really should focus on letting the cycle play out.
DNDN another fall here. This correction aligns nicely with the markets. What's the yield on my option position? 0. Great. What a joke.
Here's the trade summary.....
Add the fact that BWLD was sold @ 1.10 and I bought some 33's on HANS @ .25.
Account @ about 223 from a start of 289 right now. The killer LIKE ALWAYS is fucking theta. Seriously, this is destroying me.
Opened up a forex account to test the new method combined with the old and it was up approx 150% on 150 trades. So obviously this garbage is working. Options just make it more difficult. I'll post up a rough equity curve of it too. It's very pretty :)
Tuesday, August 11, 2009
Tuesday update
Sold out of the LDK calls @ .40 from .55 (-.15)
Stopped out of the DRI puts @ .20 from .35 (-.15)
Bought JPM puts yesterday 40's @ .30. Were up to .75 today. Closed .60. (+.30)
Bought YHOO puts yesterday @ .60 (14's). Were up to .79 but closed @ .70. (+.10)
Holding BWLD puts sept 35's are @ breakeven and aug 35's are @ .10 down just a bit.
Overall, everything going as planned. Playing for a big break in the markets this week and going forward. Weakness to persist through sept with a bounce @ the end of the month. Then a steep fall around Sept. 11.
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