Well Well Well traders its been a min since I was on I'm BACK Wsop has come to an end for me after a grueling fight! But now bk to trading here is the setup lets get it P.S. I'm accumulating shorts medium term but will still hold calls in the short term as long as it stays above line Good Luck
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the magician is bk how do I always know THE BEST
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Spy is playing a wicked game be very careful
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You Already Know make money lets gooooooo
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possible loading zone for calls for the short term goodluck
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Spy looks as it found support good spot for a short term drive up price target $565 good luck
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I'm still going to accumulate shorts medium term favoring downside!! I'm hedging more towards the downside!!! Buying calls right now for the short term
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my short term calls play work lol 3x now selling all calls adding more to my medium term short position!!! that's what I call a great hedge!!!!! Goodluck traders follow for killer setups
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THE BEST IS BK
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made another 2x on the way down wow learn how to trade with me
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waiting to add more shorts at 665
join the community where ill be dropping 5 picks end of year plays goodluck traders
IM adding calls here for a retest of 560 and will add shorts as well for a hedge my 2 price targets 538 & 563 expire at least 4 to 6 weeks out good luck
Well after reviewing the chart this looks like a double bottom favoring towards the upside!! I swear If Spy was a quarterback lol it threw so many pump fakes!! Lets get bk in trance trades, lets see how spy respects the test of the double bottom support zone before continuing to go higher
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If I had to add a percentage rate if we go Higher it would be 60%/40% with 60% favoring the upside and 40% favoring the downside!! for the medium and now long term both favoring up side and in the short term favoring downside!!
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Spy is sitting at 541ish afterhours in the futures market suggesting we may see original $549 target lol
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Spy is sitting at $543 i see 545ish today will be going live on youtube in 5mins
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$549 will be my take profit zone
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Don't forget to take profit here
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Price Target Hit
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$555 and $560 new price targets
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Goodluck Traders, I do see a potential Double top near future will update 560ish area
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$552 is my new price target possibly to dump 75% of my calls! This is a good loading zone right here to add more calls to your position
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I would add to all my positions here but having options expire Octoberish
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MY Stop Loss For longs on Spy is $520 anything under im out sitting on the sidelines!!! If it holds I will buy so much stocks lol Nvidia Sofi PLTR Tesla IWM lol
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So basically my strategy now is Hold will not add anyting to Spy it broke below 520 its sitting at 517ish!! If any of you have been following my trades , you should be prepared what happens next!! This might get a little scary!!! So basically I have calls expiring in mid October! So i will not add ,because we can see 512-490 area very easily now!!! I will add 512, 508, 505, 500, 495 if any of these targets are hit!! Goodluck I also will add those positions expiring November now
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We need Spy to hold this level 527ish for me to consider that spy will retest $565!!!
IF spy cant hold and we break below 520 again i strongly believe 495 is on the table!!
I was able to pick up some calls yesterday open 510-512 area which i will not take profit on those until 532 is hit! Oddly I will not hedge I will only hold calls at this time my strategy for this push has temporarily changed lets see if it pays off!!! Regardless $552 i will be releasing 85% of all my spy calls!! good luck traders
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afterhours 522-526 very odd market
lets just keep 520 we dont want to lose it
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So i made this video to help all traders identify the trend to make easier trades
Goodluck
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