Trade ideas for 08-04-26
Will we get a 10 bagger today? Will our credit selling win streak continue?
Good morning all. SPY is pushing back at all time highs. Are you prepared to take advantage of the daily movements?
Yesterday, we were looking for dip and rip and continuation and we got exactly that! The high probability idea was for 750.50 dip and run to 756 and then we see if it can punch through (which it did)
But for our credit selling process, we just need consistent wins. We had high probable upside and SPX 7550 and 7530 bull puts paid. No need to stress on how far will it actually go! The beauty of credit selling. :)
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.
R1 Resistance: Secure Your Edge Today
Premarket price at 760.05 eyes a test of 763.07 for a potential failed breakout reversal.
Market Context
SPY premarket last price sits at 760.05, 3.02 points below nearest key level R1 at 763.07. Price action shows steady premarket grind higher with limited volume, suggesting a likely test of resistance before any decisive move. Bias favors watching for rejection at R1 rather than immediate continuation.
