Friday, October 10, 2014

Market update

VST/ST/IT - Sell
I remain in cash till this wicked chart resolves.


Previous update here

I stopped out of my long positions 1% into my buy entry yesterday. This is the 2nd time this year that we got a big sell off (like yesterday) right on the day after we got a buy signal, I admit.

Thursday, October 9, 2014

Market update

As of close yesterday,


VST/ST - Buy
IT turned to buy , use a 2 - 2.5% stop
Previous IT buy was profitable as I used scaling out.


If you are trading my signals, use my methodology. Please.


Previous update here

Wednesday, October 8, 2014

Market update

VST/ ST on a buy
IT still on a sell
 
Previous market update here

Tuesday, October 7, 2014

Market update

Previous update here
 
 
Last week, I have read many traders say that was the bottom. We thought there was more downside to come which we are seeing today.
 
 
ST turned to Sell (hope you took profits at the right time following our methodology)
IT remains on Sell but I see signs of bottom but we follow price (Resistance is SPX 1945)
We will be following VST buy signals from here as turns are important
 
 
Till then, GLTA!