Alright, we timed this a pretty early (link below) and I sold some yesterday. So I just wanted to give an update. The vol is dropping and probably will make a new lower high and will buy more. Redd
AMD is bullish but has higher volatility and also pretty close to the low end of the range. Will I buy it? I probably will. It has higher probability of making new all time highs. Other bullishness seen in the model : NVDA, AAPL, MSFT, TSLA (background bullishness has dropped since yesterday, I read that as "not so bullish" Neutral : AMZN Bearish : DKNG Goodluck today
Followup to the plans (link below) It is pretty close to the low end with dropping volatility. Only problem I have is that the background signal which was bullish has turned a bit less bullish today. I will buy a small long position. and wait for confirmation. The signal usually takes 2-3 days to confirm a phase change, let's see where this goes. PS. High...
Followup to the plans (below). If you followed you have nice short entries running right now. I bagged some profit yesterday, and the bearish trend is still strong with DXY showing short term weakness in its bullishness. We might get MXN at the top end of the range soon, looking forward to shorting this again. Good luck Redd
Immediate term trade and trend signal shows the volatility is slightly higher (than I'd be comfortable with). Background signal went bearish with immediate short term signal showing "oversold". There is a chance for the price to rise temporarily, and I will try opening shorts at the top end incrementally. Let's see if the bearish signal becomes stronger going...
Follow up to he coffee trade from yesterday. I don't still know why coffee is so bullish compared to other soft commodities. But let's not search for reasons. I bought some coffee yesterday and today it is still bullish. We might see a jump to the top end of the range since volatility of volatility is rising. PS. If you followed my plan yesterday, I'd suggest to...
With volatility dropping slightly and the lower and higher ranges moving up, along with the price itself being close to the lower range in a fairly bullish signal, I'm a buyer here. Let's see where this goes. Point to keep in mind, Crude oil price is correlated with CAD, and the problem is that crude oil signal is slightly bearish (it was bearish till last week)...
Yes, I track commodities too.. Comparing most of the commodities, almost all of them are bearish or slightly bearish. for example, Silver has been bearish for some time now and also gold has changed from bearish to slightly bearish today with creeping bullishness. but coffee is the only one showing such a strong a bullishness, so do I buy it? If the commodities...
Background bearish signal is getting stronger as it is approaching the top end of the range. Volatility is still notably high and it is decelerating. Usually this happens when approaching the top end of the range due to volume balancing. I will wait to short more at the top of the range. Good luck out there Redd
correction to the previous post, signal is indeed bearish with the lower end moved lower along with the higher end. with DXY in a weak bullish trend today with range of 95 to 97.63. I will wait to short more at the top of the range. Sorry for the confusion Redd
After making higher low last week on the dropping volatility, this week the bullish signal strength has slightly increased. Volatility is dropping further and the range is narrowing. I will add more here for the core long position. Given DXY is has the range of 97.43 - 94.81 with background bullishness dropping with rising volatility. If you like my work, and...
Follow up to last week's plan (link below). It seems like the background signal is losing its bearish momentum today. Same but opposite is true for DXY. Volatility is rising and the price is making its way to the top of the range. I will stay out of it for today and see if the signal clears tomorrow (usually takes 2-3 days for confirmation). If you want similar...
Followup to previous plan, I didnt get to short it because it wasn't at the top end of the range. And today it seems to have lost it's bearish background. I'm staying out of this for today. Similar signal observed in different places. I will post em here Bullishness weakened (still bullish) - SPY, DJ30, TSLA, BTC-USD, US10Y, USDSGD Bearishness weakened (still...
Follow up to yesterday's plan, signal is showing a higher low on the bull run. Let's see how this goes, I will start buying incrementally here
Follow up to the yesterday's plan (link below). Vol is slowly dropping and the price is getting closer to the top end of the range. I will look into shorting incrementally. And the plan might come to fruition next weeks, let's see how this goes Redd
With dropping vol and at the lower end of the range, there is a starting bullish background signal. Front running the signal is not a good idea, but sometimes it is all about the thrills.
Vol is dropping, price is close to the low end. I'm going long here and adding to the core position. Let's hope we get to catch a wave. Redd
With slow raising volatility and getting close to the top end of the range is a good setup to start thinking about shorts. Let's see how this goes, I will update here as soon as the signal confirms. Redd