Does My Playbook Pay today on SPY gap up? Trade ideas for Wed Nov 12
100% win rate on 3 alerts. Did you make 100-500% on your trades yesterday? If not read how I built my thesis for all 3 trades and used Edge to execute. (14min video)
The moment you decide on a direction and destination for a stock does not equal the moment you enter a trade!
What a day yesterday. got paid long and on the short in last hour (twice!)
SPX ACTION REVIEW
If you are tired of overtrading, not knowing how to plan trades, and want to make more in less time, come join us.
What is Two Hour Trading?
Two Hour Trading is my system for finding and executing trades while spending less than two hours a day trading. My goal is to earn 100-300% on the capital I risk while waiting for 1000%+ gain trades to set up. Key benefits include:
High-quality trades with excellent reward vs. risk
Avoiding overtrading and losses from it
Trading to win vs. trading not to lose
Stacking the deck in your favor
If you are busy and want to see my commentary and ideas in real time consider joining THT-PRO.
Plan for Wed Nov 12
Stick to process. The process and trade setups I teach works. Rinse and repeat over and over again. There will be losses. Any good system will have them. Being systematic also means the gains will repeat and come again too. If you keep changing your system/process trying in an effort to never lose a trade, you will never get to where you want to go.
SPY Pivot Power Play
Seize the 682.52 breakout or bail on downside risks
Market Context
SPY opened the week with renewed momentum after Friday’s choppy close at 682.9, showing a bullish bias as premarket action hovers near 684. The ETF is tracing a tight ascending channel from last week’s lows around 670, with recent 1-minute bars forming higher lows amid light volume. Overall sentiment leans positive if it holds above the central pivot, but watch for rejection at resistance amid broader market rotation—tech strength could propel SPY higher, while any slip below 682.52 signals potential retest of supports.
Key Events Today
No major economic releases scheduled, but ongoing earnings from retailers like Walmart could spark volatility post-9:30 AM ET open.
Fed speakers minimal; focus on CPI preview sentiment for rate cut odds.