The recent strength in stocks may not make sense if you’ve been focused on headlines, but if you’re focused on options flow and expiration tendencies, then you’re much better prepared for it. Let’s review that and how we’ve incorporated it into our trading during today’s session.
Today was a day for daytraders and end of day trends and with a little bit of the luck of the Irish, the setups are here for traders today and into tomorrow. Let’s take a look at the way I view sentiment in the markets intraday and what the longer-term trends are after the FOMC.
From index levels to sectors to watch and what to make of the current post-FOMC bounce, I walk you through the layers of this market in this update.
In this video, we look at yet another 100 point intraday move in the ES. We have been having such wild and unpredictable moves in the market, how can you trade this and not get killed?
In this video, we look at yet another 100 point intraday move in the ES after the FED meeting. It seems the FED is now worried about inflation after all. This was a wild day in the market and we have been having such wild and unpredictable swings in price, how can you trade this and not get killed? We look at an idea and a great PIN play I did in the main room today and go over the thought process.
Transports have started to find their footing, and with FDX reporting earnings tomorrow we may have a place to look for some binary opportunity.
Today we got exactly what the market had priced in as expected, but broke wildly on the event. Tonight’s video is mainly a plan to address what follows such an event.
Trading FED days is inherently risky with big volume pushes and false breakouts. Take a look at this video to see how I reduce my risk and identify the optimal time windows for initiating trades.