The Euro is pretty likely going to hit 1.1320 tomorrow at London open. This level might be not enough to stop it, and in that case 1.1240-50 should be next.

And so it is!

Originally posted by jimkane

I so want to quote the A-Team:

"I love it when a plan comes together."

I am really, really jazzed at my read at that 24.25 area. Many of my reads don't pan out, but I think many do. I really enjoy when I read one dead on.

I'd think it would bounce in here. Interesting time to be in this position, as cash closes. How many times have we seen that.

what? And miss the mini crash?

Originally posted by jimkane

Crap. Okay, have fun.

Originally posted by MarcinO

BTW. I'll be off the forum till next week.

New LOD day. The buyers just haven't been given the command yet. I like it.

Yeah, I think he's going to miss some wild action.

Originally posted by rat89

what? And miss the mini crash?

Originally posted by jimkane

Crap. Okay, have fun.

Originally posted by MarcinO

BTW. I'll be off the forum till next week.

VRX had some nice movement today.

Don't worry. Once you see the markets crashing, it means I go short with my whole account.

Originally posted by jimkane

Yeah, I think he's going to miss some wild action.

Originally posted by rat89

what? And miss the mini crash?

Originally posted by jimkane

Crap. Okay, have fun.

Originally posted by MarcinO

BTW. I'll be off the forum till next week.

They had to probe it a bit first, but bounce it is doing, alright. I was hoping it would just collapse, but when it closes on a key spot, well, we all know that game. Same old shtick here, watch the KZ, etc., on the way up, see how it acts. Lather, rinse, repeat. Fun times.

Originally posted by jimkane

I'd think it would bounce in here. Interesting time to be in this position, as cash closes. How many times have we seen that.

interesting to note that spy 212.08 - 181.46 = .786 at 205.53

I'd love to hear move about that. That thing is trading say 27 now, but at its peak was 489,600. I'd say it's down a little. What is it leveraged to, like 100 to 1, when you convert from VIX futures to SPX?

Originally posted by rat89

I'm experimenting with using the spx/ spy triggers to trade uvxy, based on work that roofer did a while back. The damn thing will knock your socks off if you're wrong. It's an animal.