Kevin_in_GA 4,599 posts msg #134210 - Ignore Kevin_in_GA |
2/10/2017 2:20:54 PM
The current VIX contango level is 14% right now, with the roll yield at 8.76% with only 5 days until options expiration. the VXV contango level is at 10%, so the short term contango is higher than the medium term contango. Unless something dramatic happens to affect the markets, to short XIV now is not a smart call statistically.
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shillllihs 6,049 posts msg #134211 - Ignore shillllihs |
2/10/2017 2:38:57 PM
Ok I took the trade off, down 50 bucks.
I'm liking the intraday short skim more and more lately for some small change.
Anyone willing to share some solid filters without high risk?
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pthomas215 1,251 posts msg #134221 - Ignore pthomas215 |
2/11/2017 10:48:31 AM
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pthomas215 1,251 posts msg #134222 - Ignore pthomas215 |
2/11/2017 10:54:04 AM
shillihs, it has decent short logic in it, however you might want to use an offset of 4 or 5 days if you like. sometimes they hang around the higher RSI for a bit.
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four 5,087 posts msg #134224 - Ignore four |
2/11/2017 12:54:07 PM
PT, modified your above filter. What are your thoughts?
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pthomas215 1,251 posts msg #134225 - Ignore pthomas215 |
2/11/2017 1:17:03 PM
Thank you Four. I was responding to Shillihs comment on how he is looking to skim short sells intraday, so I posted a short filter. you lowered the RSI so I assume you were posting a long filter? I love it at a long filter !
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pthomas215 1,251 posts msg #134226 - Ignore pthomas215 |
2/11/2017 1:22:03 PM
FOUR, I want your opinion on something. I have seen a nice gap up with the filter below on the overnight. so accordingly I took down NE late Friday. Just dont know if I am getting lucky or if there is logic to the overnight gap up...thoughts??
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four 5,087 posts msg #134227 - Ignore four |
2/11/2017 1:30:46 PM
pt,
1. yes, made it a long [be careful with the ETFs]
2. Gap info
http://www.moneyshow.com/articles.asp?aid=TradingIdea-23647
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four 5,087 posts msg #134229 - Ignore four |
2/11/2017 2:05:00 PM
2. Gap Info (continued)
http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:gap_trading_strategies
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shillllihs 6,049 posts msg #134231 - Ignore shillllihs |
2/11/2017 3:44:14 PM
Thanx PT.
I think this might be the best SHORT filter though. It's something Kevin made for longs I guess.
Just play any inverse ETF.
10/20/2013 2:22:02 AM
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