Gm nice drop yesterday…all eyes on the employment report 8:30 watch the 1736-1744 as support for cross re cross and the 1755-1762 for resistance..
ALSO THE EURO IF CAN HOLD the 1.3280-1.3310-1.34 area is setting up for a nice long we got it yesterday live w the mastery students at 32.98 and did some FXE put credit spreads to reduce cost basis and a call debit spread 131-135 December to ease more safely than the future. I use futures just for quick moves no intra night on the euro when i sleep this is like the crude cl can gap $1000 against
ALSO LAST BUT NOT LEAST AAPL will be KEY now 5046-510. Do not chase the ES 1736-1744 you are too late yesterday was perfect around 1766-1762-1755 do not chase the bottom of the range for now. BE CAREFUL with big sizes always small sizes to make consistent money and survive your journey ALL CHARTS ARE SCREWED negative on short time frames BUT THE OVERALL TREND WAS LONG AND THEY CAN TURN OF A DIME…YOU BEST FRIEND ARE THE ZONES WITH THE PRICE ACTION IT TELLS YOU EVERYTHING I MEAN EVERYTHING YOU NEED TO KNOW TO ACT WITH PROPER SIZES IN YOUR ACCOUNT WITH HIGH PROBABILITY TRADES–LEAVE THE SHITTY TRADES ASIDES CONTROL YOURSELF DO NOT TAKE THE MIDDLE RANGE TRADES.
Have a nice week end.
Marc
