Special thanks to FXentropy for the EJ tip, no matter if I dont get it in green (currently breaking daily low)
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- #2,388
- Apr 1, 2016 12:50pm Apr 1, 2016 12:50pm
- | Joined Oct 2012 | Status: in between fear and euphoria | 830 Posts
{quote} Here is my feedback...no clue what the cycles are for ^^
That's why my first short on spx at 2040 is small - because I expect big boys to spike the price up to 2100 in order to protect their put options which they are obligated to write
After put options holders which were buying those in the last circle get out of the money (or even worse, if they have naked puts they will lose huge amount of money) - then market will plummet to 1800 so call holders can s**k d**k.
Took me 6 years - I could never admit to myself that such a huge market as S&P could be manipulated. AFTER I started applying that - I haven't had a negative trade on spx. >For more than 1 year now.
- #2,389
- Apr 1, 2016 1:32pm Apr 1, 2016 1:32pm
- Joined Sep 2008 | Status: Trader | 1,364 Posts
{quote} options expiration fridays (cca - not exactly on the candle) but you can see the big picture and how big boys are protecting their calls and puts they have written. That's why my first short on spx at 2040 is small - because I expect big boys to spike the price up to 2100 in order to protect their put options which they are obligated to write
- #2,390
- Apr 1, 2016 3:47pm Apr 1, 2016 3:47pm
- | Joined Oct 2012 | Status: in between fear and euphoria | 830 Posts
To conclude a very nice week with 3.6 pips profit - and to show you my future ex wife's mistress
- i believe no matter how innocent this one looks, she would PUNISH me severely (if you know what I mean)
- and to show you my future ex wife's mistress- i believe no matter how innocent this one looks, she would PUNISH me severely (if you know what I mean)
- #2,391
- Apr 1, 2016 5:10pm Apr 1, 2016 5:10pm
- Joined Oct 2014 | Status: lonely | 2,261 Posts
Am I the only one who's trolling on TRD's thread or? At ome point in time, since I dont like attention - I will stop - especially because I have 0 feedback (apart from TRD and FX) I quote: "BEFORE YOU ASK A QUESTION HERE - TRY TO ANSWER IT FIRST" - you have no idea the power behind this quote from TRD - or as he would say - go back to page1!
i am sure that 50% dont get it, 45% think they get it (but they dont) and 5% are on the way, but 4% of them will fail,because of human factors.
thats right, you get sorted. that is why i am not afraid to share this stuff
- #2,392
- Apr 1, 2016 5:17pm Apr 1, 2016 5:17pm
- Joined Oct 2014 | Status: lonely | 2,261 Posts
Some thoughts to conclude very nice week: this is how S&P is manipulated. {image}
the circles .. you got me this time
manipulation?
- #2,393
- Apr 2, 2016 12:52am Apr 2, 2016 12:52am
- | Joined Oct 2012 | Status: in between fear and euphoria | 830 Posts
{quote} first thing i see on the chart are stops above 2080 and 2120. the circles .. you got me this time
So take a look from circle to circle how much did option holders make and how much did option writers make.
- what they're doing now is: spiking spx to 2100, so options writers who sold their puts with strike prices below 2050 will be safe, while call option holders will be in profit by a measly 50 points on spx. (IF they take that profit)
- after the stop hunt above 2100, the question is will the market have enough time to plummet to 1900 so put option holders would be safe by next third friday in the month - take a wild guess
- liquidity on spy is low, and market makes most of it's daily move during mid-session, when dumb money is buying. There are no rallies when closing. So this is an ideal opportunity for smart money to simply lie in wait until price protects their written put strike prices (2100+). While at the same time "analysts" are pumping spx to 2100+ (some to 2400
) saying how it is a good sign tech companies are "leading the rally" - while banks stay low muahahaha
long story short - spx to 1800 by the end of may
- #2,395
- Apr 3, 2016 1:43am Apr 3, 2016 1:43am
- Joined Oct 2014 | Status: lonely | 2,261 Posts
{quote} Every third friday in the month options writers (banks, hedge funds etc) - who are obligated to write options - write new option chains (lots) for the next month, making a new expiration on the third friday in the next month. Circles are where those fridays are (circa, don't hold me to it, my drawing can be clumsy sometimes). So take a look from circle to circle how much did option holders make and how much did option writers make. - what they're doing now is: spiking spx to 2100, so options writers who sold their puts with strike prices...
Manipulation is everywhere, in real life, everyday!
Even kids manipulate their parents!
You either manipulate or get manipulated!
Choose the right side!
- #2,396
- Apr 3, 2016 1:55am Apr 3, 2016 1:55am
- | Joined Oct 2012 | Status: in between fear and euphoria | 830 Posts
{quote} like your theory
- and then you will see a huge green candle with huge volume spiking to 2100+ ---> retailers sign to get in. That's where they actually offload some of their "stock" burden to retailers/speculators/medium investors.
- just watch xlf futures (banking sectors) and how they act on that rally - you will then get the big picture.
- #2,397
- Apr 3, 2016 2:09am Apr 3, 2016 2:09am
- Joined Oct 2014 | Status: lonely | 2,261 Posts
{quote} On volume this low - it is easy to manipulate.
where do you see that?
- #2,398
- Apr 3, 2016 2:48am Apr 3, 2016 2:48am
- | Joined Oct 2012 | Status: in between fear and euphoria | 830 Posts
{quote} "huge volume spiking" where do you see that?
- big green candle which I suspect is coming should have 2x the 30 day avg volume.- big boys offloading their hard burden to smaller boys
- small boys are extremely bullish
- big boys are extremely bearish but they don't want it to plummet down 150 points in 2 days
