Trump raises Trade War fears! and recants? Volatility is back! Trade Ideas for Mon Oct 13
What a day yesterday. multiple 10-100x opportunities! Did you catch it? Edge Option Scanner did, starting a hour before the drop and continued after!
Great work Friday team THT PRO. We had a shaky start but then nailed it with the volume.
Edge Option Scanner caught the bear positioning early.
We got short at 1.30 on 6700p and I got stopped at 1. They dipped all the way to 0.60!
But then boom, volume came in and chased in between 3-6. Why chase short with size? Multiple supports taken out.
I rarely post something like full short. but given the volume, I want to get it out as fast as possible vs a full plan and explanation.
I thought today was a holiday so I’m behind. NO review in this post but if you want a video lesson/review, leave a comment. I’ll go over how to join the trend.
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 Mon Oct 13
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.
Pre-Market Rally: Guard Gains Early
SPY edges higher in premarket, positioning traders for reversal plays amid recent volatility.
Market Context
SPY closed at 652.98 on October 10, with the premarket now at 660.61 as of 8:59 AM ET on October 13, up 1.17% from the prior close and sitting just above the pivot at 659.2. Over the last five days, price action showed choppy consolidation between 646.20 and 673.95, with multiple failed breakdowns below 650 and reversals off key lows, suggesting a mildly bullish bias if it holds above 659.2; watch for resistance tests near 664.17 to confirm momentum.
Key Events Today
No major events scheduled today, potentially leading to range-bound action.