How far does this SPY rally go? - Trade Ideas for Mon Mar 16
Monster idea played out on 673 short Friday. Which Trade Idea pays us today? Will our win streak continue?
On Friday I wrote this for the short idea… And it paid!
Our Bear Calls paid! Also naken SPX 6650p went from 4.50-5 to over $20!
I love our boring consistent wins in 2 hours while not watching screens all day.
How to use AlphaOS to recognize shift in momentum
Process = Profits
Lately I’ve been doing the following:
Premarket establish where we likely wont reach. Sell premium for 0.8-0.60 on open.
After 11: second positioning of credit sells.
After 3:30: start hawking/planning for a Spectre Special
What’s a Spectre Special? A yolo trade that goes 300-1000% in under 30 min.
FREE LESSON on catching End of Day Exhaustion
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.
SPY Breakout Trap: Survive 668 Fade
Premarket bounce to 668.10 eyes failed resistance test at open
Market Context
SPY premarket closed at 668.10 after ranging 663.90-669.05, sitting above pivot 665.24 but below R1 669.12. Last 5 days showed choppy action with multiple failed breakouts above 670 and breakdowns below 663, forming a tight range around 665-669 on elevated volume. Bias leans range-bound with downside risk if 665.24 fails, upside capped near 669.12.
Key Events Today
No major events scheduled today, potentially leading to range-bound action.
