AlexsOptions

AlexsOptions

Market structure short setup based on ICT & other ideas stops go at highs targets shown

AlexsOptions

Since AGNC isn't a super active ticker I'm adding it to spy, long detailed post HOW-TO SUPPLY & DEMAND TRADE & WHY

AlexsOptions

This is gonna be a brief rundown of how supply & demand can be leveraged in order to trade through earnings week & get crazy profits (notably like $SNAP) First : What is supply & demand? If you've ever learned basic economics supply & demand is what makes prices of commodities, products or services change and fluctuate. This is also applicable within the...

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— Read linked post —

AlexsOptions

GLD / SPY has been pretty accurate for TA predicting large moves, bottoms in the market & tops in the market (using traditional support & resistance the bottom was put in to the penny on a resistance line). With this inverse correlation and the forming of a wedge we’re gonna be in for a HUGE move near or after the election, best to get your positions in sooner...

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Simple & easy. Good luck Monday

AlexsOptions Updated 

Trade Plan : - Long at break of 846 (Most likely will be gaping Monday, my position is already in) - Stop loss at broken resistance (840 was last major swing high and will be my s/l) - Expected move is +- 160 from the triangle width of first swing high & swing low. - Take profits set within the supply zone do as you please This is not trading advice & is only...

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Just looking at the last weekly candle & the break of 830 resistance I'm expecting a gap up Monday. :)

AlexsOptions Updated 

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.

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This chart is honestly very interesting and I wish I would have seen it before during normal market growth. As GLD/SPY hit the previous swing highs was March 23rd, the day the market began its collapse. I'd keep this within your tool box of fancy shmancy charts for use in the future ;).

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Chart says it all

AlexsOptions

Hello, I'd like to start this off by saying this is not investment advice and solely my perspective of what I'm seeing in the chart. Any criticisms are welcome. Correction wave completion between .5 & .618 fib levels ------------ 1) Most corrections pivot at this area on the fib. 2) We've already had an attempted break and pull back under the .5 fib, finally...

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Don't take this as advice, just posting to keep track of my TA.

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This isn't a suggestion for trades this is just to keep me sane holding my SPY 5/1 200P. Good luck.

AlexsOptions Updated 

As you all know we have had an insane amount of volatility and uncertainty in the market. Good thing for us is that simple TA comes in the most handy in conditions like this. Some may be wondering, "Why is the market going up!?!?!?!? MY PUTS ARE DYING" , but don't worry too much, we still have room to return and surpass the recent low: Covid-19 is much worse than...

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With accordance to my previous analysis, I'm liking what I'm seeing on the daily chart. * Touching 20SMA & rebounding towards the lows * Sell off into the weekend showing fear in holding positions in the market (Fear equates to uncertainty) * Now #1 In cases of Covid-19 Price targets , 200$ , 180$ , Anything lower = global depression.

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AlexsOptions

After ETHUSDT 's large rally the past few weeks its hit a double resistance point and interacted accordingly. Expecting a pullback due to : * 200EMA * Previous Support & Resistance Still long term bullish.