KEEPING IT COOL!!! VIX SWING TRADE OPPORTUNITY (6 WEEK HORIZON)

Pure technically we have seen the weekly VIX candle breach the Bollinger Band 6 times in the last 11 years with a syringe like pattern (more than 70% upside). In my opinion this pattern happens when people are in panic mode. 5 out of 6 times VIX dropped significantly within 6 weeks. The exception (rectangle shape) is the 2008 crisis. My SL will be set at the top of the syringe 62.37 (approx -25%). With a Risk/reward 1:2 my TP is 23.76 (approx +50%).
IMPORTANT NOTE: PAST REWARDS DO NOT ALWAYS REFLECT THE FUTURE and because this may be more like a 2008 style pattern. DO NOT INVEST more than 20% of your free cash and be ready for a martingale ( set an alert and double down in the next huge spike)
IMPORTANT NOTE: PAST REWARDS DO NOT ALWAYS REFLECT THE FUTURE and because this may be more like a 2008 style pattern. DO NOT INVEST more than 20% of your free cash and be ready for a martingale ( set an alert and double down in the next huge spike)
İşlem kapandı: durdurma seviyesi
SL reached @62.37Not
Opening a new position (martingale) with the all time high as SL (96.70) and 1.5-2x times the invested capital from the first trade.NOTE: This trade will not take more than 50% of my idle cash. DO NOT open this position on Margin.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.