Practical.
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This trade idea is based on the high probability of the current support level holding again like it previously did about 7 to 9 times. If it breaks then it breaks and we'll be going for another set up.
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The law of non-contradiction. After one side has been tried the action switches to the other side. It's a never-ending search for a chance to break through a wall. I've no idea why it's imperative, but that's what we see on the charts.
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If you're fed up with my updates feel free to unfollow. I'll continue to update.
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I'm attracted to creativity and in conflict with analytics. What is there to analyze? I even hate the word.
But creativity: the use of the imagination or original ideas, especially in the production of an artistic work. Very cool.
But creativity: the use of the imagination or original ideas, especially in the production of an artistic work. Very cool.
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I'm most of the time both long and short in the options trades. It's heavy artillery. The futures are more like a sniper's rifle - a precision tool. It's cool :)
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Did anybody pee in their pants? There's dynamic hedging and there's breathing.
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Full disclosure: I'm both long and short 2:1 with options at this juncture. No need to get excited.
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Trust yourselves guys and be softly aggressive. If you have an idea - trust your idea.
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k, we've been good soldiers, i'll be looking for another long
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if you didn't get the drop (I didn't) here's a chance to make it up:
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There was nothing in the volume structure to indicate the drop, so I missed it, not a big deal. I think this dip will be bought again.
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Most important thing - I forgot we don't trade this Friday and nobody even sent me a PM.
SPX does not usually get sold into a long weekend either. I'm going to stay net long over the weekend. Have a warm day everyone :)
SPX does not usually get sold into a long weekend either. I'm going to stay net long over the weekend. Have a warm day everyone :)
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huge volume
www.nasdaq.com/symbol/spy/after-hours
As always they're hiding the first trades (conspiracy? lol). In any case I think the pros are buying for a bounce next week.
www.nasdaq.com/symbol/spy/after-hours
As always they're hiding the first trades (conspiracy? lol). In any case I think the pros are buying for a bounce next week.
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The big picture on the daily is pretty bearish but I don't think we'll have a straight drop from here.
Anything.can.happen.and.will.happen.
Anything.can.happen.and.will.happen.
