Kevin_in_GA 4,599 posts msg #134210 - Remove message |
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 6,102 posts msg #134211 - Remove message |
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 - Remove message |
2/11/2017 10:48:31 AM
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pthomas215 1,251 posts msg #134222 - Remove message |
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 - Remove message |
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 - Remove message |
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 - Remove message |
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 - Remove message |
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 - Remove message |
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 6,102 posts msg #134231 - Remove message |
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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