I have been here before ,
I caught the down Stop loss got me out
and repeat
the channel iswas down
its nice to be in the down bet when the rug is/was pulled !
rinse repeat as options come do
back up and thank stop losses , and back down
last puts , and profit
now watching
seems we are in the middle of a lower channel
in a flag
SO we knew it was going down
got there quick like a 737
[ which is now on its 3RD generation of problems !!
a bounce and now in the middle of a channel
face it , to big to fail gonna cost the tax payers for a lot of i hope working military gear ?
but till a channel is affirmed this is now a watch and am looking for another fundamental trade to play with options
I caught the down Stop loss got me out
and repeat
the channel iswas down
its nice to be in the down bet when the rug is/was pulled !
rinse repeat as options come do
back up and thank stop losses , and back down
last puts , and profit
now watching
seems we are in the middle of a lower channel
in a flag
SO we knew it was going down
got there quick like a 737
[ which is now on its 3RD generation of problems !!
a bounce and now in the middle of a channel
face it , to big to fail gonna cost the tax payers for a lot of i hope working military gear ?
but till a channel is affirmed this is now a watch and am looking for another fundamental trade to play with options
Comment:
Comment:
Both Charts , dashed pink lines are GAPs
Comment:
i do not like to play in the middle of a channel , specially with so much chop
i was playing puts in the fork and doing ok ,
the sudden down in the market was nice for my puts and expensive but profitable to role in for more profits going down ,
u can see the turbulence down where we turned and the stop loss kept me from losing on the bounce back up ,
think about it , this is the 3RD time Boeing has had trouble with the 737, and this price ride up on the stock is only last 3 years ! [ with Boieing buying how much ? , so we are pretty much at my target area , and now i am saying , waiting and watching for a channel to trade in , [ i do not think a channel up till they fix them selves , but a channel side ways to trade the tops and bottoms would be nice
i was playing puts in the fork and doing ok ,
the sudden down in the market was nice for my puts and expensive but profitable to role in for more profits going down ,
u can see the turbulence down where we turned and the stop loss kept me from losing on the bounce back up ,
think about it , this is the 3RD time Boeing has had trouble with the 737, and this price ride up on the stock is only last 3 years ! [ with Boieing buying how much ? , so we are pretty much at my target area , and now i am saying , waiting and watching for a channel to trade in , [ i do not think a channel up till they fix them selves , but a channel side ways to trade the tops and bottoms would be nice
Comment:
TRDRRRR
i was thinking IF the candles stayed below the acsnding blue line and below the dashed balck line , we might be in the black chennel seen in the longer time frame below WE did not
so now to see if that ascending line holds [ but its broken already , and here we are at a retest from the break above it
so now to see if that ascending line holds [ but its broken already , and here we are at a retest from the break above it