Short term
Im opening a call position here and will close if the channel breaks.
Im opening a call position here and will close if the channel breaks.
Trade active:
I'm closing half my position here, which garanty me a break even at worst.
Comment:
We already closed half the position for 100% profit. The 260 breakout occurred this morning. This is what we are looking at for the remaining.
Comment:
Something to watch carefully; I talked about money moving from bonds to stocks and vice-versa. So, we had a breakdown in #TLT this morning but now the gap filled and the support is being tested. If it was to hold and bull, SPY would likely fall.
Comment:
SPY is in a wedge; could be a flat day. Still early, but the last 15 minutes could tell us the direction for tomorrow.
Comment:
I'm opening a small put position with today expiration (very risky). I just wanna play the wedge, i remain long for the end of the week unless channel is broken.
Comment:
Stop loss. I closed my day trade (puts) on SPY. -25%
Trade closed manually:
I closed the remaining of the position.
Trade results
Half @ +100%
Other half @ +117%
Return on trade: +108.5%
Trade results
Half @ +100%
Other half @ +117%
Return on trade: +108.5%