Textbook Short on SPY yesterday!! Will SPY give 2nd red day? Trade Ideas for Wed Oct 08
BOOM!!! Gave you idea to short 672.87 -- 500-1000% on SPX 5730P. Which idea today will pay?
(sorry for delay took a long time for video to upload and process)
Yesterday I gave you this idea and BOOM! I love getting paid and walking away! By lunch I was done.
SPX 6730p paid big. Watch the video to learn how to use the levels to plan and get paid!
VIDEO LESSON/REVIEW of SPY/SPX:
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 Tue Oct 7
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 Premarket Edge: Protect Gains Above Pivot
Spot failed breakdowns for quick reversals in today’s range.
Market Context
SPY’s premarket close is 670.03, up slightly from yesterday’s close of 669.46. Over the last 5 days, price action shows a bullish bias with higher lows around 667 and resistance tests near 673, but recent sessions have featured choppy intraday moves and volume spikes during open. Current levels position the premarket price just above the pivot, suggesting potential for continuation if support holds, with focus on reversals at nearby supports.
Key Events Today
No major events scheduled today, potentially leading to range-bound action.