PRS #11 NG1! SUPPLEMENT DERIVATIVE MAP THROUGH AUGUST

19 juil. 2020

The widow-maker never makes it easy. If we tag $1.55 going down next 10 days, let's call it a win and get back to it later.

20 juil. 2020

Note

Again, if we tag 1.55, I'm done with natty for now. We just tagged 1.608.

20 juil. 2020

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Monday aftermarket, It should bounce for a day or two before it goes to 1.50. In either case, if you exit now vs. 3 entries short above 1.80 , you're doing 1000 pips or better. If you took the 1.61 exit when I posted this morning, that was roughly 1350 pips.

23 juil. 2020

Note

2 AM THURS 7/23 EXIT SHORT AT 1.694.

Seeing volume and structure representative of a surprise swing up. W/ entries around 1.84, a win is a win. May get to this again in a week. Let's see what happens first.

23 juil. 2020

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7:10 AM THURS 7/23 RE ENTER SHORT AT 1.695 SAME SIZE.

Feel much better about it this morning. Even though it's the same price.

23 juil. 2020

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23 juil. 2020

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see? I knew it last night... representative of a surprise swing up. Should've kept out of it, IVO can morph so... let's just hold it to early August. I feel good about it.

27 juil. 2020

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Trade close 3:15 pm Mon 7/27 1.725 vs reentry 1.695.

27 juil. 2020

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Summary: Short entry 1 10% 1.89, shorr entry 2 1.855 20%, short entry 3 1.829 30%, never had entry 4. That averages to 1.848. Exit 1 and 1.694 an rebought the short at 1.695. So that makes true entry average 1.847. Exit at 1.725 makes this trade a winner.

Again this whole thing could be better managed. But remember that more than half of my attention is on gold at any time.

And since PRS LIVE TESTING #2, I have closed EVERY SINGLE TRADE LISTED A WINNER.

And again, the strong reccomendation LIVE TESTING #1 was an options straddle that was a giant winner, so that one should get a little credit too.