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Great!

SPX 10 Coil

Posted by frtaylor on 9th of Nov 2022 at 09:52 am

Great!

Successful re-test of the channel?

Steve, I'd love to see

SPX 10 Coil

Posted by frtaylor on 9th of Nov 2022 at 09:49 am

Steve, I'd love to see a short video on how you determine supply zones. I know about adding price-based volume bars to a chart, and can eyeball areas where there was a fight (and hence is now resistance) but am not confident about the leap from that to pinning my trade on a price zone.

That was what caught my

Short IWM 15 Updated

Posted by frtaylor on 9th of Nov 2022 at 09:43 am

That was what caught my eye. I mostly trade patterns.

HOOD! Thanks Mia! Put is

Posted by frtaylor on 9th of Nov 2022 at 09:39 am

HOOD! Thanks Mia! Put is up 50%.

Took the channel break. We'll

Short IWM 15 Updated

Posted by frtaylor on 9th of Nov 2022 at 09:38 am

Took the channel break. We'll see!

Thanks, that chart has stood out as such a clear pattern. Thanks, Steve.

Still holding my put, stop in place.

Still have my COIN put

BTC new lows today 

Posted by frtaylor on 8th of Nov 2022 at 01:44 pm

Still have my COIN put - up $400.

Hammer candle on 5 min

Posted by frtaylor on 8th of Nov 2022 at 01:35 pm

Hammer candle on 5 min SPX - broke above.

Yeah, on Fast Money tonight Carter Worth gave a pretty clear picture of just how bearish the chart is.

And thank you for that

Shorts Updated Views

Posted by frtaylor on 7th of Nov 2022 at 01:56 pm

And thank you for that post!

Coin already back below Thursday's

Shorts Updated Views

Posted by frtaylor on 7th of Nov 2022 at 01:00 pm

Coin already back below Thursday's low. I bought a January 55 put.

Indeed.  Here's a closer view

SCHD dividend play

Posted by frtaylor on 7th of Nov 2022 at 11:38 am

Indeed.  Here's a closer view of the daily. Looks pretty bullish.

Hammers or shooting stars on

Posted by frtaylor on 4th of Nov 2022 at 03:50 pm

Hammers or shooting stars on the 2, 3 and 5 min QQQ.

Symmetry broken, shorts closed! Took a flyer on a far otm SPY call for Nov. 18.

Major kudos to Steve for

Posted by frtaylor on 4th of Nov 2022 at 11:56 am

Major kudos to Steve for last night's analysis of SPX! 

Steve last night:  "This structure looks like it wants to retest or undercut the previous lows. So, even if we were to move up, be cautious tomorrow."

Me to myself: "Watch for a shorting opportunity in the morning." Nice payday so far using SQQQ and QQQ very short term puts. Thank you, Steve, it g ave me confidence to implement my plan. Using symmetry on the bounces to set stops for the remaining SQQQ and one remaining put.

That chart and the one you showed last night, when 80% of S&P stocks are above their 20 dma. Both great!

SPX ma's: 50ma = 3823 9ema =

Posted by frtaylor on 2nd of Nov 2022 at 02:39 pm

SPX ma's:

50ma = 3823
9ema = 3818

So, a Demark 13 on the VIX is pretty rare, all are winners (on VIX) if you hold at least 2-3 days, take partial profits, set breakeven stop after profit, etc.

2016 - 2
2017 - none
2018 - none
2019 - 4
2020 - 1
2021 - 1
2022 - 2

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