TVIX Trade on Mar 3, 2020 11:35 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

Market vol product

Catalysts / News / Painting the picture

-Fed announced 50 basis points cut today
-Strong move to 310 on SPY then faded all day (TVIX strength all day)
-Coronavirus fears continue

Technical Analysis

-Strong pullback in the morning after fed cut rates
-Uptrend all day after that
-Levels: 90, 102, 110, 115, 124

Original Plan / Strategy

First test long of the 105 level

Review

Only got two lots before it started to bounce, Took profits quickly, OGT.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-03 11:35:14	TVIX	buy	$105.440	long
2020-03-03 11:35:25	TVIX	buy	$105.940	long
2020-03-03 11:35:46	TVIX	sell	$107.360	long
2020-03-03 11:38:32	TVIX	sell	$106.220	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TVIX&trade=13175787&end=20200303120732&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TVIX&trade=13175787&end=20200303130832&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TVIX&trade=13175787&end=20200303160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TVIX&trade=13175787&end=20200402&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}