Dislikedi am going to place a options trade on oracle, based on this chart and news that oracle has increased their profit.
what do you think will my options trade be?Ignored
January $50 call ..lol
Blogging daily now at www.volume.zone
Trade Using VSA (Volume Spread Analysis)
- #4,501
- Dec 21, 2009 3:33pm Dec 21, 2009 3:33pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #4,503
- Dec 21, 2009 3:36pm Dec 21, 2009 3:36pm
- Joined May 2008 | Status: has long shorts | 2,584 Posts
- #4,505
- Dec 21, 2009 3:44pm Dec 21, 2009 3:44pm
- Joined May 2008 | Status: has long shorts | 2,584 Posts
i'm aggressively taking the march 20 put for anybody interested in following and then bashing me if it fails 
- #4,507
- Dec 21, 2009 3:53pm Dec 21, 2009 3:53pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
i'm aggressively taking the march 20 put for anybody interested in following and then bashing me if it fails
Blogging daily now at www.volume.zone
- #4,508
- Dec 21, 2009 3:55pm Dec 21, 2009 3:55pm
- Joined May 2008 | Status: has long shorts | 2,584 Posts
- #4,509
- Edited 4:45pm Dec 21, 2009 4:25pm | Edited 4:45pm
- | Joined Sep 2007 | Status: Trader | 1,404 Posts
Question for the Pros,
How do you guys choose your stop loss levels? Is it more intuitive or mechanical? I know the market will not respect just any old arbitrary number
... so behind support or resistance would seem the obvious choice but is that the correct choice? Also, how much padding for market noise?
Thanks very much everyone!
SilverKnight
How do you guys choose your stop loss levels? Is it more intuitive or mechanical? I know the market will not respect just any old arbitrary number
... so behind support or resistance would seem the obvious choice but is that the correct choice? Also, how much padding for market noise?Thanks very much everyone!
SilverKnight
- #4,511
- Dec 21, 2009 5:50pm Dec 21, 2009 5:50pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
- #4,512
- Dec 21, 2009 6:03pm Dec 21, 2009 6:03pm
- | Joined Apr 2008 | Status: J16 Turtle | 1,572 Posts
lol
watch out for the end of the dollar carry trade to me it simply means that yen will start to get punished right now as it has been ever since it made that new "low"
i think that new correlations are about to be formed because i think US is destined for interesting recovery times...after it crashes one more time after interest rate hike so stock market may want to discount that crazy shit happening so will go upwards WITH the dollar...simply put net capital inflows in dollar as the result of rate hike and net outflows of yen as a result of the reverse happening to the dollar and probably because forward stock market pe/g ratios for stocks might still go high
and i for one thing "think" that i know for myself that forward pg/e ratios are the closest representation of stock market premium on forward growth...watch THAT trendhere is an interesting article explaining the rationale behind forward pg/e ratios witch are the so-so truly "fundamental" drivers behind stock movements "supposedly"
reccomend the article....
ofcourse malcolmb will hate me for that
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
- #4,513
- Dec 21, 2009 6:25pm Dec 21, 2009 6:25pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #4,514
- Dec 21, 2009 6:51pm Dec 21, 2009 6:51pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
stops ...wotz that then ? 
I typically place stops above or below the signal bar.
I typically place stops above or below the signal bar.
Question for the Pros,
How do you guys choose your stop loss levels? Is it more intuitive or mechanical? I know the market will not respect just any old arbitrary number
Thanks very much everyone!
SilverKnight
Blogging daily now at www.volume.zone
- #4,515
- Dec 22, 2009 2:41am Dec 22, 2009 2:41am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
- #4,516
- Dec 22, 2009 3:19am Dec 22, 2009 3:19am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
thanks for information, nevertheless, if those ratios where taken into consideration since the bullsh*t rally only you would have really been worried. therefore many stocks with low p/e are heavily overvalued just because of the keynesian fact, that if rates are low money goes into investments since you do not receive interest for money on your banking acc. there is no fundamental behind those ratios currently, since the whole rally is based on this printing press ponzi scheme and exorbitant high money supply which has paused rationality.
i did not "think" or "predict" here, just signals and imho odds are in my favor on a put here. if i fail, no problem, another opportunity to learn
i did not "think" or "predict" here, just signals and imho odds are in my favor on a put here. if i fail, no problem, another opportunity to learn
lol
watch out for the end of the dollar carry trade to me it simply means that yen will start to get punished right now as it has been ever since it made that new "low"
i think that new correlations are about to be formed because i think US is destined for interesting recovery times...after it crashes one more time after interest rate hike so stock market may want to discount that crazy shit happening so will go upwards WITH the dollar...simply put net capital inflows in dollar as the result of rate hike and net outflows of yen as a result of...
- #4,517
- Dec 22, 2009 7:07am Dec 22, 2009 7:07am
- Joined May 2008 | Status: has long shorts | 2,584 Posts
black picture pound downtrend channel.
cable is so weak that it even failed the midline of the downchannel and today not even was able to tackle the upper line of the lowest quartile which speaks for itself. we are falling off the cliff and a reasonable spot ot travel is 5800.
the second picture from ninjatrader shows the trade i took- without vsa signals, just a sell limit since i anticipated to retest and fail this area. notes are on the screenshot.
yesterdays close, the former support and the vwap offer a good cluster of resistance. of course with keeping the downchannel action and the previous decline in mind.
this is a free trade now. my stop is +1 to cover commission
if i am wrong, which is no problem, my risk is covered and i cannot lose anything here.
i am aligining with malcolm aka malcster aka malcolm m. malckoff that we see 5800 and will try to let it run till there by trailing stop based on 60m.
going with the trend is pee-peeing with the big dogs.
cable is so weak that it even failed the midline of the downchannel and today not even was able to tackle the upper line of the lowest quartile which speaks for itself. we are falling off the cliff and a reasonable spot ot travel is 5800.
the second picture from ninjatrader shows the trade i took- without vsa signals, just a sell limit since i anticipated to retest and fail this area. notes are on the screenshot.
yesterdays close, the former support and the vwap offer a good cluster of resistance. of course with keeping the downchannel action and the previous decline in mind.
this is a free trade now. my stop is +1 to cover commission
if i am wrong, which is no problem, my risk is covered and i cannot lose anything here.
i am aligining with malcolm aka malcster aka malcolm m. malckoff that we see 5800 and will try to let it run till there by trailing stop based on 60m.
going with the trend is pee-peeing with the big dogs.
