Alright I haven’t been blogging lately due to my non existent trading. Classes are really starting to pick up , consuming all my spare time that I used to trade during.
Sooo in the meantime I have been checking in the market (still chugging along in an uptrend) and reading other peoples trade reviews!
I’ll be back soon with some nice trades and charts.
I will edit this later , here is the snap shot of the SPY 5 min candle, I bought 132 puts and got stopped out.
SPY was retesting 131 around 1:55 PM, AAPL was also nearing HOD, I bought AAPL 345 calls. Had a tight stop back around 345.75. Stopped out when market failed retest, AAPL followed suit and knocked me out.
Below is a 1 minute chart showing my entry exit better
Today I made a trade in F. Last Friday it reported earnings not as good as projected and dopped like a rock until it bounced off 16. Today I saw it fading towards 16 again and decided to jump in on a break. I bought the 16 F weekly puts right around 1 PM after the huge spike in volume. I covered my small position at 15.74, and was looking to re-enter around 15.90.
Here a 5 minute charts highlighting my entry and exits.