TAP Measured Move to $55 Reading chart from left to right:
TAP went through a bear phase from June to September of 2021 and an accumulation phase from September to December 2021.
We saw the first impulse out of the accumulation phase with it's punch to $52 and it did a classic 50% retracement to $48. We're seeing upward momentum in February which is signaling that there's potential for another measured move to $55. There's potential to go higher with a strong earnings report on Feb 24th.
I'm playing this trend move with an at the money call expiring March 18th. What's really nice is that the ATM Call option is relatively inexpensive ($1.40) and a move to $55 should yield ~80% returns.
CALL
QQQ Put Credit Spread - 10% RoM As the title says, simple put credit spread, was enterred at noon today when we were green. THe position is currently being tested to the downside. I debated turning this into an IC as well just like the other trades from today, but I feel that QQQ would be the one to turn around the quickest and I do not want to end up in a scenario where my call side gets blown out.
500 BP used - 0.58 credit recieved.
You are all looking at the chart wrong.A description is worthless at this point. We all know why we’re here. Buy, hold, DRS.
You can all believe what you want, but in the end, everyone who truly believes in the stock is already DRSed and holding. We are just waiting for the fun to begin :)
Thanks for the discount hedge funds. Time to load more.
GameStop could visit 50. It probably will. But that is when I will load the absolute most I can into this stock. The ultimate discount. We know where this stocks price will be in a year.
Thanks for making me a billionaire off of chump change and Diamond hands Mr. Griffin. Btw you lied under oath. Enjoy H-E-double hockey sticks
TLT Call Credit Spread 149/152 call credit spread - Filled for 0.36 - >10% Return on Margin
I believe that the 20 years will continue downwards with rate hikes. As such I have setup this call spread to take advantage of the downward move. This position was opened on Jan 11th but I just got around to posting. See blue vert line for entry date Candle.
Additional premium was collected due to selling on a up day, entry now can be had for a similar credit if not more.
BTCUSD Looking Like It's Ready To Break TrendlinesBITSTAMP:BTCUSD
Bitcoin is about to make a HUGE push within the next few days. Right now it's sitting in a pretty quite neutral area where it has to test the respected support line where it formed a double bottom at. If BTCUSD breaks the resistence line here it would go up and make new highs thus pushing the price upwards and build momentum for the upcoming week. By getting in at the BUY STOP level where I mentioned you would be in a near perfect entry and won't have to worry about your trade unless it fakesouts and heads downwards towards the support line.
In case Bitcoin isn't ready to head upwards then we have to be aware of when it would be a good place to enter in a short sell and ride the wave down. By knowing the rules of Price Action then we know if the low or support line is broken and closes below the previous low then that's a indaction that the market is weaking and we might be heading downwards. Now we would have to see more confirmations for us to enter on the SELL STOP entry like it breaking the low and when the upwards push happens and it doesn't reach the previous high.
Like I said I'm neutral right now but will keep you guys posted!
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SPY-day trade for 1/12/2002I have mentioned SPY trades. I don't analyze future ,I play accordingly. I can play both sides but just letting you know I see a lot of resistances on the the up side. If you are in a call exit where I have mentioned and If your a Bear tomorrow exit at PT 1. I am still bearish as a lot of resistances on upside and a lot of reward for bears. Do your DD.
"A quality of a day trader is to trade on both sides".
AMD levels to watch going in to 1/10/22NASDAQ:AMD
$AMD - watching for a break over 136.34 or break under 130.77.
Trading under its 50 MA, and its 12/26 EMA
12 EMA just crossed under 26 EMA
Well above its 200 MA (macro uptrend)
1/7/22: BTO/STO option trades on premiums >100k = bullish. Volume on the 130p and 140c.
Lots of OI on the 150c\1 35p - watch for changes in these
Local support at 132.01 - created on Nov 4, tested on Dec 14, confirmed on Jan 7
AMD closed on 1/7 at 132.00
If AMD breaks below 130.77 = consider bearish trades
If AMD breaks above 136.34 = consider bullish trades
Whispers from Options - BTCWe observe weakness/Bears dominating BTC market recently. Options Sentiment Indicator is giving mixed signals (overall we see bullish sentiment from Options traders but more volume is within PUT options still).
4 Virgin VPOCs are awaiting retest and are located above current price in comparison to 1 VPOC below current price - Bullish pressure
area of 46000 is major/key level, worth observing
from Options OrderBook of contracts expiring in 26 days (28th January 2022) - there are no strong resistance levels (!!) - Bullish pressure. However major support levels (a lot of CALL orders awaiting) are relatively low - 35,36 k
on H4 we see multiple Demand Signals coming from VSA Scanner software near 46 000 level
GME to $100K is no joke (not financial advice)(i like the stock)Even with the price tag GME has now it has been holding consistent volume vs. its past average for 2 decades.
With the recent run up to 500, GameStops volume soon plummeted after it failed to continue its parabolic action upwards. As fear ran rampant through retail due to absurd actions made by HFs and the United States Government in direct result to GME's price action, volume fled.
Regardless of the high price and clear manipulation, apes have stayed confident. Confidence is what will lead these apes to their victory. The APE mentality is truly something unprecedented. -10% day? OOh buy MoRe. -25% day?? HUGE DISCOUNTTTTT!!!
Apes are no longer saving money. Apes no longer desire millions of dollars. Apes have become obsessed with acquiring GAMESTOP SHARES! The price isnt real they say.. We knows its true worth!!! (noThing shy oF 57 million per shARe)
Jokes aside the accumulation at these levels is extremely impressive. Considering the DD on this stock and that GME has traded at over $50.00 in the past, I say PT of $100,000
SIR WHY IS YOUR PRICE TARGET SO LOW IF YOU TRULY EXPECT THE SQUEEZE TO CONTINUE TO URANUS!!!?????
WEll ladies and Gentlemen, I expect the FeDs to certainly crash this party early, in fact i think 100k may be too greedy. I think we can expect weekly or evenly monthly halts on GME as soon as the real money starts being made.
If the feds dont step in.. brokers will.. They will remove the buy button again as usual.. and thats fine. but who is to say they will even allow you to sell your shares? What if they dont actually own your shares (congrats to the folks who are DRS'ed)
ANyways, goodluk apes. 100K by 2025
and Ken, if you see this, i hate you. merry christmass you Jack*** :D
-Sincerely
Your Personal Future Loan Shark
Strategy & Analysis with Options Tool suite kitToday I would like to introduce you all to process of analysis step by step instruments with usage of Options Toolkit Suite. I wrote in my earlier posts what edge can give us data obtained from Options Market. So now let's jump into details and have step-by-step detailed guide. Firstly we need chart layout split to 3, as on three different timeframes we will perform analysis and monitoring for potential trade opportunities.
Process follows:
All starts on D1 timeframe looking for key levels - where we can check Eagle-eye view perspective. Here most important is Options Flow Sentiment indicator (at the bottom) where we look for blue background - it means equal Volume on CALL and PUT options aka Balance on market is set. From those moments in time we take close of the candle/bar - and this is our significant S/R Level. If there is level too close to another one, I skip drawing it just not to make chart too noisy.
Continue on D1 timeframe checking Options flow Sentiment - also looking into sentiment indicator, I check firstly for green/red background. This is self-explanatory showing advantage of Bears or Bulls camps respectively. Then I am looking where is more money on Options flow put - if green line is above red line, it means volume of CALL Options is respectively bigger than PUT ones (aka Options traders put more money on Bullish move). In reverse works the situation for Bears, where red line is above green one.
Check for Virgin VPOCs on M30 - I am looking for untested next day VPOC levels. Those levels are always retested by market = working like a magnet. The only question is when it will happen. It's convenient to know if multiple levels are below/above current price level in order to know the balance/pressure on the market. Also for Intraday Trading, if price passes one of Gamma Levels near VPOC, we can try to trade a move with target on Virgin VPOC.
Mark Demand/Supply Zone on M30 - When we see multiple Bullish/Bearish candles in row so in other words strong impulse on market, I am looking where this move began. When I identify it, first reverse candle before this impulse sets range of Zone. Ok so jumping to example: in case of strong Bullish impulse, in the place where it started I am searching for last Bearish candle before start of this impulse. This candle's High and Low are marking range of the zone. After setting up zone, I am waiting for First Retest of this Zone . In case of Demand Zone (bullish impulse) I play in case of retest Long, in case of Supply Zone (bearish impulse), I play in case of retest Short. Very often we also can observe confluence, where within Zone or in close neighbourhood we will also have present one of Gamma levels. In case of Zone fail during 1st retest, this is also major signal but in direction of breakthrough zone.
Intraday Setups on M15 - Gamma Levels are marking key levels for observation. In general breaking through Gamma level is a signal for potential trade with target on next Gamma Level. Very rarely are passed levels Extreme Low and Extreme High of the Day which are setting typical maximum expected range of the day. Breakthrough Gamma -1/+1 is a signal of anomaly and typical for Trend Day. So if this level won't hold, then I play in direction of breakthrough. Another setup is bounce from Gamma -/+ 0.5 which is often very strong Intraday Level. In case of observed bounce back, target of the trade is Pivot (mid between Gamma -0.25 and +0.25).
Additional confluence factors - I am looking not for quantity, but for quality in case of trades - that's why I take opportunities which are having in common more factors aligned in direction of trade that I plan to take. Therefore when Gamma Level is passed and I have relatively close Virgin VPOC is one additional example. Another one would be Gamma level within or in close neighbourhood of Demand/Supply Zone. Last but not least - VSA Scanner Signals. When I see before Gamma level Demand (signals below candle/bar) or Supply (signals above candle/bar), it can add me additional confluence factor or sometimes push me to avoid taking this particular trade - when I expect Bullish move but I see instead Supply signals.
Apple should bounce tomorrow but there is weaknessIf you are long exit @175 or near that price point. Will see how price reacts when it enters the highlighted zone. We do have weakness on daily charts for sure. This $175 is just a zone to exit if you are long. I will not take a call or be long here as there is weakness on Daily TF
Options Data forecasting turning points and key levelsOptions are major weapon (if properly used) in toolset of Trader. Billions of dollars each day are floating on market and speculation here is an art. Art performed by Big Guys (aka Smart Money), where funds are often significantly higher in comparison to Futures Market. With help of Machine Learning algorithms, I load Options Flow data, parse and analyse it and extract to Quandl Dataset. From there, I load it via API to Tradingview and display results in indicators. And I trade with edge instruments from Futures Market.
This data doesn't need to be always used on Intraday timeframes. We can't forget about Big Picture aka Context. From D1 timeframe alongside with properly parsed Options Data, we're able to identify real key levels (not by using Price Action but by using Balance Points, where Volume of CALL options is equal to Volume of PUT options) - marked on DAX chart with red horizontal lines. Those are close prices of candles, on which indicator identified Balance Points (blue background on indicator). Demand always is trying to reach balance with Supply - therefore that's why it's even more important to observe such levels. I personally love to play retests of those levels and breakouts - especially when they happen after at least few days since initial Balance Point.
We can't forget about Pressure. Who is dominating at the market? This is the question that traders are asking themselves each session. Based on multiple factors, like: Put/Call Ratio, Strike Prices and Expirations of Options, Volume put on Options, Type of Options (ATM, ITM or OTM) - Machine Learning is allocating weigh ratio to those factors and return result identified on indicator by green/red area. Bigger Area show stronger Imbalance on market (aka one side dominates the market).
We have so many data around us, sorry - tons of data! We are unable to parse it and get insights manually. Here Machine Learning comes handy. I encourage you to deep dive into Options Market and combine it with picture, that Market draws you via chart. Market is based on emotions, so play what you see from moves of Big Players - which in majority believe me - are present on Options market.
$BTC chart analysis*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
!! This chart analysis is for reference purposes only !!
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Long🟢 Falling Wedge, Support Zone, New ATH Before Year's EndFuzzy Pattern AI sees Falling Wedge.
Falling Wedge is alias Descending Wedge.
Similar to the one on Bitcoin.
It is a bullish pattern.
Deep Learning expects a positive breakout.
Whale Monitor shows buys.
Exchange Monitor points to buy preparations.
Oscillators found support.
🚀 We think you can send Ethereum.
Buying trend is coming , stock is demand right now.See the previous breakout, while market break the price range of 908, it went to 948 (1st target ) and 981 (2nd target). People were interest to buy in this price range.
So wait for the retracement, after the retracement, If you see any reversal candle in EMA (1 hour time frame )(or) bullish engulfing . Take entry.
Options flow are whispering on BTCThe Options Market can inform well in advance about movements that are yet to happen in futures contracts. Looking at the Options with an Exercise Date (expiry) in 22 days at the time of writing the analysis, the conclusions are quite loud and clear:
50,000 - Put Wall level, that is support with 2 times more capital than the other levels
60,000 - Call Wall level -> resistance
65,000 and 70,000 - successive resistance levels
We also see some Virgin VPOC points from the past, which only adds strength and confidence to the Bitcoin bullish prediction. All data and levels are based on BTC quotes from CME.
I am puzzled by a very large capital located at the level of 50k $ - someone really cares to defend this level at all costs. There is still time for it, so it's worth watching how the situation develops;)
#Zoom Major Support!When taking a look at zoom on the weekly TF, we can see that it is currently trading at the bottom of a descending channel. When you look at how price reacts in this area, there's usually a bullish move to try to make a higher high. This is looking like a great entry for a long. Keep in mind, the overall trend is still bearish but there are opportunities to secure gains along the way.
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Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice.