MQP 25 IMPLIED PRICE ACTION IF STRADDLE TURNS BEARISH Short

GOLD / U.S. DOLLARICE

Description

⋅ Jul 8, 2022 7:50 AM

HEADER - Right now I have 7/13 1740 puts and 7/20 1750 calls. This is would be implied outcome if we tag 1650-1665 on 7/12.

SUMMARY - The first fundamental should be liquidity, so don't fight Fed.

DETAILS - If it does take this path, Aug-Sep short will make up for it. More on this if we break under 1675 meaningfully.

Comments

bluefox

⋅ Jul 8, 2022 8:12 AM

this is what a kid can draw

Binary_Forecasting_Service

⋅ Jul 8, 2022 8:25 AM

@bluefox, In trading the number one most-committed error is hubris or arrogance. Arrogance is dead money my man, you will learn sooner or later. Hopefully before you go broke a fourth time.