Hi guys. I've been trading this for months each time this trade appears. Around this price and with some patience you can long with the safe bet of be in profit.
Same for shorts at the top breaker.
Happy trading and regards.
PS: Dont over leverage this one. Moves are big and you could get REKT before the 50% :P
Looking for a short term play only...not buy and hold.
Nice steady 22 bar cycle noted and highlighted.
Next week or week of 8/12/2013 has a healthy amount of news to move the markets in either direction. This should drive Volatility getting you a 3 to 5 day move up, and then dump it.
Looking at stepping in over the next two weeks on dips, and watching for the spike.
VIX as one of my favorite indicators since it is real money and it is not able to be manipulated or distorted. There is no time lag to collect advisory opinion or to wait for open interest reports the next day. But the more you learn about any indicator, the more you will realize you can't have a "Holy Grail", but you can at least wait for the odds to stack up...
