Not making any speculations on what’s going to happen on the FOMC announcements. We’ve seen a lot of Call buying last week for this Friday’s expiration. How much of that is already absorbed, I don’t know. Those calls have been well … Continue reading →
Good morning, Two more trading days to go! And what a year it was. This year really proofed how powerful harmonic trading can be. From time to time, as you recall, I’ve pulled up a monthly chart, showing an 161.8%XA … Continue reading →
Haven’t posted any market updates, and trade setups lately, although the USO alert on Monday worked out nicely.(my only significant trade this week) Instead I’ve taken a little break, and spending some time on R&D. As you know the Harmonic … Continue reading →
Quick update here on the charts. None of the 60min candles closed below the PRZ. The 12:00 and 13:00 bars shared a close and open at 201.04. And as you remember our AB=CD PRZ was at 201.03. So for this … Continue reading →
We all know that Earning season can be extremely volatile, and premiums on options increase in expectation of the stocks’ move on Earnings, rendering them difficult to trade prior to he earnings date. Although going long calls, or long puts … Continue reading →
Since yesterday we’ve been trading the market to the upside, see our previous posts. I just wanted to post a couple reports from the optionsflow bot of large trades alerted during market hours yesterday. if you followed it during the … Continue reading →
