Trade Ideas for Wed Feb 11 - Gap Up Reversal coming?
Solid trading in morning. support snap into close. We still won 2/3 Credit sells and broke even on the third. (Is that a win still?)
We nailed the trades yesteday morning!
Taking Bull Puts and bear calls while also scalping SPX 7000c for 50-100% gains in case of a squeeze.
We perfectly bounced of 692.80 as planned, however SPY was heavy and unable to reclaim vwap. I was paitent on my credit sells (bull puts) too long netting a break even trade on the afternoon reload.
Remember you don’t need to win all. If you’ve efficiently executed trades, and are net positive don’t let missing one trade or losing on a trade derail your trading!
Here is a FREE Lesson on why I went back short after getting stopped on my runners earlier this week.
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 eod 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: Guard Your Gains Today
Premarket push to 696.51 eyes failed breakout reversals
Market Context
SPY premarket closed at 696.51 after hitting a high of 696.67 and low of 691.35, sitting above the pivot at 693.92 with bullish momentum from yesterday’s close around 692. Recent 1-minute data shows choppy action with multiple rejections near 696, suggesting potential exhaustion. Overall bias is bullish but vulnerable to failed breakout above resistances, with range-bound risk if volume fades at open.
