I have been increasing my focus on trading volatility as it seems to respond very well to my signals. Last week was no exception. Had a good UVXY put trade, and XIV position trade. Going into this week, it appears that my signal indicates further selling of volatility. My view is the sell off is not done, and with a strong dollar earnings are going to struggle and should see more selling going into the middle of the month.
I will move my stop up on XIV, and trim all week into further strength. I also am going to post a weekly chart of my Vol trade. I am looking to turn $50,000 into $500,000 in five years only trading XIV and VXX without margin. I will post my UVXY put trades but won't count them in the chart.
Subscribers will get the trades real time. Enjoy the week.
www.realtimetradingsignals.com for my trade signals.