A strong reaction to tomorrow's unemployment claims report could be the catalyst to push us through the 111 SPY resistance. A close above that level will be the signal that it is time to adjust our position. However, we'll take the process slowly because the Stochastic shows over bought conditions on both the daily and short term charts.
skip to main |
skip to sidebar
LEARN TO TRADE FOR MONTHLY INCOME
About Me and The Program
- TheOptionMentor
- My B.A. Degree is from the University of Arkansas. I've been trading since 2002 and teaching options trading since 2006. Learn to trade Option Income Spreads like a Pro! Email optionmentor@gmail.com for more about The Option Mentor Program.
Track Record Example
Help Keep This Content Free
Trading the Market Structure
Trades are set up using the "Trading the Market Structure" method. It is derived by taking the most common trading methods, Delta Neutral Trading, Swing Trading, and Trend Trading, and combining them into one system. By combining them in this fashion they offset each other's weaknesses, thus creating an unusually effective strategy.
To begin to understand the simple technicals behind this Trading System set up your Weekly, Daily, 30 minute, and 10 minute charts with these links:
Market Structure/Entry Points/ Weekly Chart/ Daily Chart/ 30m Chart/ 10m Chart
To begin to understand the simple technicals behind this Trading System set up your Weekly, Daily, 30 minute, and 10 minute charts with these links:
Market Structure/Entry Points/ Weekly Chart/ Daily Chart/ 30m Chart/ 10m Chart
Must Reads
DISCLAIMER. All presentations, newsletters and web site information in The Option Mentor Program are for educational purposes only. No representation is made that any software, trading method, or training will guarantee profits. The Option Mentor Program is not a licensed Broker Dealer or Registered Investment Advisor, and does not provide buy, sell, or hold recommendations, nor does it offer investment, tax or legal advice, and nothing in presentations, newsletters and web site information should be construed as such. Unique experiences and past performances do not guarantee future results. Your trading results may vary. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions, which should be referred to for additional detail and are subject to changes that may not be reflected in presentations, newsletters and web site information. In order to simplify the computations, commissions and other transaction costs have not been included in the examples used in the program. Such costs will impact the outcome of the stock and options transactions and should be considered. Trading software, trading systems and any related products discussed in The Option Mentor Program are analytical tools for educational purposes only. They are not intended to replace individual research and your personal decision to act or not to act on anything presented in the program. These tools are not a replacement for licensed investment advice. Trading stocks, options & spot currencies involves substantial risk and there is always the potential for loss. Only genuine "risk" funds, money that you can afford to lose, should be used in trading. Owners, employees and writers may have long or short positions in the securities that are discussed. The Option Mentor Program accepts no liability and will not be held liable by you for anything in presentations, newsletters or web site information. All information is obtained from sources believed to be accurate and reliable. However, errors or omissions are possible due to human and/or mechanical error. All information is provided "as is" without warranty of any kind. The Option Mentor Program makes no representations as to accuracy, completeness, or timeliness of the information. The Option Mentor Program reserves the right, in its sole discretion and without any obligation, to change, make improvements to, or correct any errors or omissions in any portion of the information from presentations, newsletters or the web site at any time. You agree to indemnify, defend, & hold harmless anyone conducting or attending any presentations from any liability associated with your involvement in The Option Mentor Program. All information contained in the program should be independently verified. By continuing to utilize The Option Mentor Program presentations, newsletters and web site information, you are stating you understand and agree to the above statements.
No comments:
Post a Comment