First video ever. Once again not financial advice, this is simply to monitor and journal by trade ideas. This trade was on the ES S&P 500 E-mini Futures. Shorted some contracts off the lunch hour consolidation into the new daily lows. Pretty simple and easy price action to trade today so long as your bias was bearish. #ict #thestrat #spy #spx #options #futures
Took SPX puts from $6.10 on the red arrow and they ran all the way to about $80 each contract. This was on 9/2/22, after announcement of the Non Farm Payroll (NFP) data, which was announced at 5:30am PST. It was as easy as you see it. Opened with a gap up, that lead to a slight pullback that did not fill the gap at first. It bounced and took out the previous days...