Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
This graphic is eye-opening. If you’re in Saudi Arabia, the move from 4G to 5G is a huge deal (of course, what you’re permitted to watch in Saudi Arabia is a skosh more limited, but that’s besides the point). In the once-great United States, however…………meh.
On Tuesday I talked about how you can improve virtually any system by filtering on ATR basis.
This is so obvious in retrospect, I can’t believe I didn’t notice this earlier in my trading career. High volatility and low volatility periods have completely different psychology, the same way trending and rangebound markets are driven by opposite psychology.
Basically, during decreasing volatility trending moves, counter trend setups are a negative edge.
But counter trend setups become viable again once ATR (as a proxy for volatility) reaches a historic low and then rises.
This is because volatility, once it starts falling, has a statistical tendency to continue falling until it reaches an extreme.
(more…)As interest rates have been strengthening (seen below by way of the ultrashort-on-bonds instrument TBT)………
This is relevant for Silver, Gold, and Diamond folks – – you have access to intraday charts in SlopeCharts, going back for a long time (far longer than anyone else I’ve found). A deficiency was that we didn’t store history on newer issues. We have changed this, however, and you will find newer financial instruments are now available. There are a ton of other little upgrades we’re working on, but some of you have been asking about this, so I wanted to let you know.
I’ve mentioned my put position on XME. This morning, I took advantage of weakness earlier and sold my January puts so that I only have March now. I intend to double this March position in the near future. The reason is simple: I think this beast is heading much lower, but it moves with the speed of Oprah Winfrey at the 24th mile of a Marathon.
