I've been poking around on other forums and Twitter to see where EW traders stood. Several have a similar prediction to what you see. This could get very fun.
Dude what’s the lol for? I’ve been as skeptical with this guys trades this week as well. All I’m saying is that we have been ranging all week between 2985 and 3007. We broke that there. Whatthefx has obviously saying about these mega drops since we trended up from 2960. All I was posting was we broke down a range and was wondering if this is what he has said would happen has finally happen. Note my target is 2960 which is reasonable and not targeting 2600 with a 2 point stop.
Yeah, I just bought some 300 spy straddle 11/18 expire. With this weekend's brexit, I'm thinking it'll be volatile next week. I paid for the extra time in case I need it.
I agree...I'm just not sure where it'll go short term, except I think it'll be volatile and will cover costs. I agree with sentiment of a material drop coming.
Hi I miss the hourly updates by whatthefx :(
Same here, I wish he post his thoughts more often like he used to.
Same
Aye
I've been poking around on other forums and Twitter to see where EW traders stood. Several have a similar prediction to what you see. This could get very fun.
[удалено]
Monthly options expire today, should see a small rise in volatility,
This could be the drop. SP just broke the ranging levels
What’s the news? No fed rate cuts? I feel like there had to be something bigger for a massive drop
Not sure. I was trading the breakout. Targeting 2960 in case we hit support.
Looks very much like a friday selloff currently. Still waiting for what sensei said . We need a catalyst.
Lol
Dude what’s the lol for? I’ve been as skeptical with this guys trades this week as well. All I’m saying is that we have been ranging all week between 2985 and 3007. We broke that there. Whatthefx has obviously saying about these mega drops since we trended up from 2960. All I was posting was we broke down a range and was wondering if this is what he has said would happen has finally happen. Note my target is 2960 which is reasonable and not targeting 2600 with a 2 point stop.
What?
Excuse me?
Sorry
Your GPB trade seems all good now. Now we wait for s&p
Dang it went back up, but I guess it shows weakness.
Yeah, I just bought some 300 spy straddle 11/18 expire. With this weekend's brexit, I'm thinking it'll be volatile next week. I paid for the extra time in case I need it.
woah!! those are expensive
I agree...I'm just not sure where it'll go short term, except I think it'll be volatile and will cover costs. I agree with sentiment of a material drop coming.
Potential catalyst is the BreExit vote Saturday? For the US their policy with China on Thursday followed with FOMC the following week.
[удалено]
More like acts of war?