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    Tedh98 posted an update 2 years ago

    2 years ago (edited)

    Had the SAK-6/SpikeUP signal for today. I have this feeling that FXI is going to recover a bit after such a big down day. But learning my lesson from earlier in the month and sticking with the system – PUTS. They were just $.12, so if like other Friday plays I’m wrong the % will be big but the actual dollar amount won’t be.

    • So the signal was correct and FXI opened $.20 down. But I was just one strike OTM but it wasn’t enough with the price moving up after opened. Lost $.04 but it was a 42% loss.

    • I missed the 20TurnDown on FXI on Tuesday afternoon, but I got it yesterday for a nice win.

    • Profile photo of Tedh98

      Tedh98 posted an update 2 years ago

      2 years ago (edited)

      Finally had a nice Thursday to Friday trade on FXI with 119%. I have been reviewing some earlier trades in the month to see what I need to do differently. The SAK-6/SpikeUp got me early in the month. My historical results told me that combination should be Puts. But on 9/1, I played Calls based on something else I saw and was wrong. When…

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    • Found a pretty good system for getting overnight drops on MSFT. Need to start playing straight puts.

    • An exact repeat of last Friday – the same mixed timeframe signal! Last week I went with Calls and lost. Today I went with ITM Puts.

      • Got burned again. This time the % and $ amount was larger on the loss because I went ITM. Two things – I noticed something when I was buying the puts that I need to keep an eye out for. It could have either been coincidence or it was a signal that I was going the wrong direction. 2nd, I think I have something else to check when I have these… Read more

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