Simple SPY blueprint for the trading day today (Supply / Demand)
Pretty simple :
- Overall Trend is up but has a sideways bias
- Looking only for longs as long as demand zones hold
- Long @ Demand
- Take profit @ Supply
- Look for signs of reversal before entering a trade (Wicks, Candle formations, Indicators, etc)
Good luck & Happy trading.
- Overall Trend is up but has a sideways bias
- Looking only for longs as long as demand zones hold
- Long @ Demand
- Take profit @ Supply
- Look for signs of reversal before entering a trade (Wicks, Candle formations, Indicators, etc)
Good luck & Happy trading.
Trade closed manually:
Well today was... how do I say it. Fucking insane?
Kind of a let down, I left out a demand zone that was formed within the uptick on previous trading days that would've perfectly caught the bottom. Can't win them all though. Made 100% on some 302 calls 20 min before close, hope all went well for y'all.
Kind of a let down, I left out a demand zone that was formed within the uptick on previous trading days that would've perfectly caught the bottom. Can't win them all though. Made 100% on some 302 calls 20 min before close, hope all went well for y'all.