Nothing to add, really. All the details of the trade are there.
But for sure there’s a little of na accumulation process on it’s way on the US Dollar, which seems to reason with the actual fundamentals.
This downside gap was a reaction to the ex-president Lula accepting the invite to become a Minister to escape justice, the market does not like it at all. Basically it means we will see a little more of Dilma Roussef's ideas and believes - which are the same as Lula - to live a little longer, making the economy struggle. So it could could be an overreaction,...
I think the results will be better-than-expected for Activision/Blizzard, so I'm betting on the upside. Closing at maximum ratio.
$35 Call and $32.5 put . Backtest probability: 81.1% Sharpe Ratio: 0.63 (4 years of backtest)
-1 Call at 2090 -1 Put at 2010 Backtest probability: 83.5% Sharpe Ratio: 0.82 (2 years of backtest)
All the info, plus s/r lines that I consider important are on the chart. Trading NDK futures. Ofc, 0.7~1.1% risk.
$1.515 Call and $1.455 put. Backtest probability: 76.3% Sharpe Ratio: 0.43 (2 years of backtest)
Quick scalp on the Future US Dollar against the Brazilian real. It's a pullback trade, which means it's pretty risky on my concept. (You are trying to find a quick reverse with a poor r/r)