Trade Ideas for Mon Feb 23
Friday was another day of Credit Selling for easy profits!
Good morning all. Friday feels so long ago! I don’t even recall the action and what happened. What I do recall… I made money. :)
Imagine that. You execute your process, you make money, and the trades aren’t memorable because they more or less aligned with your process and your forget. You remember the process, not the individual trades.
The one thing I do remember,… The precision of the levels.
The 689 fail was perfect twice!
and the bounce off the blue line in the morning for a long!!!
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
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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
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SPY Surge Trap: Dodge the Fakeout
Premarket at 686.94 eyes pivot test amid volatility squeeze
Market Context
SPY premarket closed at 686.94, sitting just below the 687.0 pivot after ranging between 685.67 low and 688.21 high. Recent 5-day data shows choppy action with multiple failed breakouts above 688 and breakdowns below 684, forming a tight coil around pivot. Bias leans neutral-to-bullish if 687 holds, but volume spikes at 686.5 suggest potential failed breakdown reversal long.
Key Events Today
No major events scheduled today, potentially leading to range-bound action.
