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Author Archives: David
1-09-2020 Trade risk manager
Be sure you have the limited loss cut in place, remember no one can’t be 100% correct, out of 44,000 trade firm in the US , the best trade firm is Goldman Sack about 90% winning rate , Think about they have more information and get the news fast than us. their average 200 days […]
1-06-2020
1-06-2020 8: 00 am CT: As i predicted U.S. Stock Futures Extend Drop as Mideast Woes Hit Sentiment. /ES -15 points, SPY -1.40. Nice if you hold SPY 322 put over the weekend. BTW our member can join our exclusive members only FB page, is where you get update in our chat room. @ Stock […]
Chart patterns.
Here some chart patterns may help you to day trading.
11-27-2019
U.S. equity futures edged up while stocks climbed globally as the risk-on mood that’s driven American benchmarks to record highs showed few signs of abating. SPY + 0.82. Look for SPY to pull back to low 314.50 , may fill the gap to 314.10 after open. then will bounce up to high 315.25-315.50. should be […]
9-06-2019
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4-15-2019
4-25-2019 7:56 am US futures is flap. SPY -0.03 @ 290.13. Expect after the bell, SPY will pull back to 289.75-289.50. then bounce go up, up to 290.50-290.75. Should be trade in a narrow range and slow day. You should know to trade it after open and settle. Buy low sell high. I assume SPY […]
3-27-2019
3-27-2019 8:00 am Futures is flat, SPY @ 281.12, SPY will open go down to 280, careful if break 279.70 may go to 279. high 281.20-281.50. SPY open may go down right away. Buy SPY 281 put after open run up to 281.50 or not. 3/29 take profit @ 280. Buy call @ 280-279. for […]
Simple term
The follow simple term I will use to describe the market ( SPY) movement. “ Bullish” mean market will go up, but should not sustain. “very bullish” mean market will go up all day long with not pull back. “Bearish” mean go down to the low will bounce. ‘Very bearish” go down all day till […]
10-03-2018
10-02-2018 8:15 am CT Look market will open high and pull back some then bounce . If SPY open go down to low 292.10- 291.85. Will bounce up , high 293.-293.35. I don’t think it will make new high to 294. Any way. Buy SPY 292 call 10/05 for day trade 10/03. take profit @ […]