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

FOMC Day! Get ready for big moves today! the first is 2pm EST the second is about 235pm EST It's like Christmas coming early!

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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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Jeffdewy

The trick to trading FOMC is the patience for the real move when the market makes it. There's a lot of attractive moves, but waiting for the real market move is key for consistency.

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