Options Day & Swing Trader | TA + Macro | Nailed 2023–26 bull market | Fat pitch GRAND SLAMS & real member results | Discord 👇 | NFA 📈
Joined June 2012
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Ain’t no way this plays out again. Right?
Right??!
“I don’t gamble on FOMC days.”
If that means being flat on announcement days, a long term book is skipping eight sessions a year that have accounted for a disproportionate share of realized equity returns since the mid 90s.
That is not the same as avoiding noise. It's more like avoiding the data
$SPY $SPX
💸💸💸💸💸
$DRAM local bottom given before the move.
50-55 next pivot zone.
tactically speaking what you have to ask yourself here is, "do you feel comfortable initiating a long close to a primary target?"
if so then what size?
$SNDK shows a clear reclaim of a level thought to be a broken support.
Absolutely not calling "the absolute bottom" here with earnings around the corner but this should be a hallmark feature across the AI trade.
Reclaims are bullish in the current regime provided the level holds.
I'll be dropping the first update to the #KOSPI deep dive in 30minutes (Discord Fam).
We rode the full parabolic move this year with the correct thesis in hand + sold the top into June MOPEX. This is the first addition since. Covering the levels that actually mattered and the setup into the next window.
$SMH $EWY $DRAM $SKHY $SPX $QQQ
#KOSPI upper gap has been filled.
Short the hole traders ⚰️☠️😵🥀
Never forget "h"
Recent action confirms this #KOSPI level’s significance once again.
It is difficult to break and highly correlated with one of the heaviest subsectors in the S&P 500, making it an effective timing tool.
I do not expect it to hold indefinitely, yet respecting it has produced substantial profits. A break would likely trigger a waterfall decline across many popular stocks.
Is this a good short here? No.
The "h" pattern is widely recognized as hell for shorts. The proper short entry sits much higher at the retest of the former trendline. This level in particular carries institutional significance. Similar supports w/o that significance are still difficult to break, and the first attempt often fails, triggering vicious short covering that eviscerates short positions.
$SPX $EWY $SMH
“Giant range market” defined Oct 22 at $SPX 7670 as 7630 to 7760 after one more push lower to 7610.
Low the next day was 7612.
Now 7720 and still climbing inside the range.
Traded it clean with entries and exits- upside and downside 💸
Who had sideways into midterms? 🎉🫡
Washed out sentiment readings and “challenge launch near the highs” energy don’t usually coexist for long.
Still constructive overall. Just hate some of you regards right now & still hope you win.
if you became a breakout trader in the last three years please read.
that skill set is dangerous in many regimes
How it typically looks
1. Price consolidates or approaches a clear high/low.
2. A sharp, often relatively fast move spikes through the level (taking the stops).
3. The spike shows a long wick or is quickly rejected.
4. Price returns inside the prior range or structure and continues in the original higher timeframe direction.
Buy-side liquidity (stops of short positions + breakout buys) sits above highs. Sell-side liquidity (stops of long positions + breakout sells) sits below lows. A sweep of either can look like a “breakout” that fails.
I see what’s happening and here’s how to not get fucked.
Pay attention especially if you're newer to trading (2023)
24 hour trading and expanded perpetuals are creating earlier, sharper moves that pull in FOMO.
A lot of newer traders buy straight into supply. The market dumps, undercuts the level, and continues the original direction without them.
Don’t chase the overnight spike. Wait for the real move on your terms.
The market is here to serve you not the other way around. It comes to your price or you tell it to fuck off, no deal
Liquidity sweeps (also called liquidity grabs or stop hunts) are when price deliberately runs through a batch of resting orders,
usually stop losses and breakout orders, then reverses or continues in the opposite direction of the spike.
How it typically looks
1. Price consolidates or approaches a clear high/low.
2. A sharp, often relatively fast move spikes through the level (taking the stops).
3. The spike shows a long wick or is quickly rejected.
4. Price returns inside the prior range or structure and continues in the original higher timeframe direction.
Buy-side liquidity (stops of short positions + breakout buys) sits above highs. Sell-side liquidity (stops of long positions + breakout sells) sits below lows. A sweep of either can look like a “breakout” that fails.
$SPX from the bottom.
Calls up 100% and we have time to cover FOMC for free. 🎉
It's good to be back
Scaling out of
$DELL 20NOV 550C at first target: 500