Futures Trading Room – 2015-04-07
This was 2015-04-08 Alert:
After the past wild bearish night, a LONG trade is tempting and some bullish patterns are triggering.
Just a rule which needs to be followed (to have VIX patterns triggered too):
Today’s VIX close must be above 14,15
LONG PATTERNS 126-136-158-199-292-293-296-308 (PRICE-%RANK-VIX)
If that happens I will enter LONG.
VIX patterns triggered. The night performed perfectly for long side traders. SPY gapped up 0,96% and my profit on ES was 12,46% with a night move on ES of 0,9%.