Jeffdewy

Closing strategy won 0ver 30% trading only the last 10 minutes of the day! Watching level 2 the last 20 minutes and seeing what the big volume would lean to and the direction of the next day DTE SPY options to trade. Low risk taking a strike price a few dollars out of the money in case we are wrong we don't get obliterated with expected volume near 1 million on the 5 minute candles. Watching the order flow and seeing the buyers stepping in and red candle failing with 10 minutes left I took the $531 call, $2 out of the money. Anticipating a $1 move or more. I got out with 30 seconds left before the close with a solid win.

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Jeffdewy

Solid closing strategy the last 15 minutes of the market. When the volume kicks in, level 2/order flow, and volume price analysis point out a direction for a quick 10 minute trade.

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Jeffdewy

Looking left we see that this bounce this week is off significant levels which could indicate at least a green week for the market as we edge closer to CPI this month.

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Received 19 Karmas
Jack_S
Jack_S Feb 27, 23 2:21 PM

Acknowledged

Paullee
Paullee Sep 29, 23 10:14 AM

amazing job mark. keep thing into perspective .your job as a trader is having the right mind set. thanks again

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Jayray_68

havent been doing many trading updates handling overtime at work has left me with minimal spare time.. OWUV is still my hot watch to surf the waves.... this stock has been delivering amazing bounces at clear key levels... this is the stock iam currently watching and have been in and out of a ton since my last post. currently watching it for any mass panic.. would love to see this thing panic to the 26 area... OWUV has been teasing its own crypto token along with NFT and metaverse announcements which is currently where alot of eyes are on in our market. overall otcs have been running again but have to be picky and choosey surround yourself by the play with the highest quality catalyst with the highest quality sector with multiday runups and focus on any large dip or panic to a key level... remember simple is powerful... you dont need all the complex "studies" to make a trade. overall markets ( $SPY $QQQ $DIA ) are taking a second bounce attempt to reach all time highs but i do not have high expectations for the overall market... we are up alot over the past few years.. 3 out of 4 stocks do follow the market... also watching SBES for any large panic dip buy opportunities. SOPA is a newer publicly traded company that consolidated at its highs from 12/20-12/22 with a beautiful break above to new highs in the 13 14 range.... im not much of a nasdaq trader but this is the type of chart you need to focus on if you are... low risk high reward. also watching for any new breaking news plays that have ground breaking news or lye in a hot sector. trade disciplined don't let FOMO get the best of you.

Jayray_68

tons and tons of sitting on my hands in this current market. trading extra scared and extra careful and waiting for the most ideal setup... only play im currently watching is OWUV for strictly a panic play only... waiting for that near 30% retrace off its highs in mass panic... as always will avoid any slow gradual decline of a dip... needs to have volume needs to become an easy in easy out that way i can cut losses quickly if im wrong on my entry... tons of stocks continuing to get crushed as big investors are selling off their year end losses to write off against their gains... ontop of that the $QQQ the $SPY and the $DIA are struggling to hold highs and is due for a pull back or dip in the big picture.... 3 out of 4 stocks follow the market that means 75% of longing trades right now are effected by the markets for upside potential. trade safe.

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