Gm very similar zones this AM the 1852-1855 has not completed yet and the
crucial Key Es support this AM is 1834-1832 with 1837 which have seen as a cluster as well. also same as before Key ES support 1798-17808.
AAPl need to hold this rand 540-548 and break 560
CL approaching resistance….
Gm everyone Thanks again for all the feedback and all that crushed AAPL AN TSLA yesterday
see video RECORDED AT 11:21AM vs others showing trades taken at 12:35 plus see time and SALES real money on the small account if you did not see the AAPL execution from the past 2 days AAPL calls see below http://www.daytradingzones.com/action-video-011414.html.
I have runners on AAPL since 532 we nailed this perfect projected open around 555 pre open again AAPL key 543-547.5 support
NOW TSLA i still have the credit spread 130/135 and will hold….
Many hedge funds, money managers and some retail traders took that TSLA and even a famous educator seem to be tune in our analysis i guess that is a form of flattery but a little originality would not hurt every trader member in the 100’s now here are not duped our video was recorded at 11:21amest and TSLA 136 key support was called for the past 2 days (SEE PREVIOUS POSTS if you missed)….
I would expect 1832 to hold and go toward high end of the range 1852 BUT the sell off was a warning sellers are not far and after earnings and MARCH APRIL be careful.
GM first off thank you for all the feedback i received and all the members who crushed IT YESTERDAY.
We called 1809 for about 10 days now THAT IS THE POWER OF THE PRO TOOLS VS THE DAILY ANALYSIS IS TO BE ABLE TO SEE THESE LEVELS IN ADVANCED
and for all markets and instruments and APPLY THEM WITH THE TRADE SET UPS.
Also thank you for the AAPL feedback many took the open at 530 and crush the first leg to the resistance so what is next ??
ALSO DO NOT FORGET LIVE 4:15pm est FOR MEMBERS TONIGHT
https://www2.gotomeeting.com/register/542529890
** We may have a rebound here coming maybe with a double bottom or straight to 1830…
At this point I have credit spreads on AAPL at 510/515 and few directional longs I took yesterday with duration March OTM at 540 so i do not over pay for the calls or debit spreads…problem is volatility will creep up ahead of earnings in 10 days key on AAPL SO LONG THE STOCK IS NOT ABOVE 547 this is NOT BULLISH and 528 and 516 area are crucial long term support.
** I will pass no index plays or SPY trades for me I crushed it yesterday so I will let them play the 1800-1850 range ping pong for now and enter only on shift of momemtum around 1850 or 1800.
**Watch TSLA i called 136-144 support so act accordingly.
GM everyone, same as last week, and same as I posted all December to the tick, the worst time for a trader to trade big is December 15th and January 15th. They really did hurt a lot of traders, that is why I was pushing OTM safe and let the time decay to work for you instead of you working for losses…
2 KEYS TODAY
1) AAPL need to hold 528-530 area otherwise we go to 518 again….this could be an ooportunity to earnings long only if 528 works therefore play TIME ON THIS with directional debit spreads or credit spreads….remember one week before earnings volatility will spike and kill everyone with no duration (WATCH weekly video)
2) ES key is 1832 this am otherwise same range almost as last week 1809-1851
SPY KEY 183.35
3) watch for 144 and 136 on TSLA is Crucial now
4) 6e EURO CRUCIAL 1.3650-1.3660 for bulls to hold that support
Here is the link for tomorrow’s Members Only Chart Blast 4.pm est:
https://www2.gotomeeting.com/register/542529890
Gm everyone all eyes on employment situation
PULLL A WEEKLY moment of truth we are in the range i gave you all week 1807-1850
but notice at es and spy weekly charts big head and shoulder forming so today will know if they double top it to the 1851 ES or tank it below 1829 again. Watch key es 1837.5.
Also on rebound side cautious OTM…
I have AAPL and TSLA key AAPL 530 support and TSLA 146
Have a nice week end…..
GM same idea since Monday Video 1850-1806 range ES
*Watch AAPL if can hold 538-544 support target 552-554-560 this one worked like a charm will do a video
* All my spreads at 520/525- 510/515 and 525/530 expiring tomorrow crushing same on SPY avoided the middle BS where traders get killed.
* BAC see if you can get a 16.2/16.4 retracement longs …TODAY AA earnings with initial claims and TOMORROW BIG ONE EMPLOYMENT SITUATION.
GM everyone, we had a great webinar yesterday WATCH IT AND RE WATCH IT AVAILABLE FOR MEMBERS ONLY. WATCH ADP today and Friday unemployment we are ping pong in between keys support 1806 then KEY TODAY 1827 then 1842.5-1850 resistance.
Be very careful because we are in the middle of the range and we have really no edge this year I WANT MAX PROFIT MIN LOSS BY TRADING LESS AND PICKING UP MY ENTRY more selectively than just daytrading on most of my cash therefore here for ME NO trading or SMALL SIZES at a shift of momemtum around the 1827 this morning ES. Otherwise wait the top or bottom of the ranges.
I would take OTM spreads on the spy monthly and watch AAPL is key now around 528-533 it must hold this area ALSO AAPL has a big resistance at 548. Keep an EYE ON BAC Pull back for reentry a 16.33 area if possible I have been long since 15.62 see prev posts of last week on the call MARCH 16 2014. ALSO watch TSLA for a bullish spread if can hold 145 support be as far OTM as possible on this one.
Gm everyone…
All eyes on AAPL yesterday help perfect the 528-538 range if the ES goes to 1804 watch for a new low AAPL double bottom or HHLow I still own all the 520/525 puts spreads …yesterday I good opportunity for weekly in out.
BAC continues to look very good wish I kep my 200 contracts I still have 40 running…such is the life of a trader initial position and runners and sometimes you wish you had more.
TODAY key ES number is 1827 to tip on either side low still target around 1804-1814
Google opening on the hugh end…fyi stocks like PCLN-AMZN had wild swings would only stay OTM spreads on these on the weekly when you trade them or debit spreads going directional on these ARE SUICIDAL. DO NOT FORGET TONIGHT 4:15pm
2014 GOALS REVEALED will be a cool event i will share what I want to accomplish in my own trading Register Below
https://www2.gotomeeting.com/register/542529890
Gm everyone…pull back continues critical support on the ES will be this week and next 1804 and 1813.
This AM the ES 1827 is super key...I am starting to not like some MACD formations on the higher time frames even if they manage a double top ES and or LOWER high SPY.
CL AND Euro may test some retracement levels but they are down trending now for shorts….I have a euro potential buy around 1.35 and CL short 96.85
AAPL KEY CRITICAL HERE at 533-538 and of course previous resistance break 528.
**TOMORROW we are live at 4:15 pm est for the next chart blast will share my game plan for 2014 as simply as possible.
(Link and Invite will come later )
GM everyone make sure to reload your charts every morning by 8:15am, est to get the latest auto plotting zones.
All market made a double bottom and may go retest resistance on your zones…be careful either lower highs or double top I would be careful.
Yesterday was a classic tax sell to push taxes another year like I said but could be something more profound especially when you see the way CRUDE reject important key support.
** NOW 6e at critical juncture
** AAPL must hold 534-547-550 support going into earnings for a shot at a new high
** Monday I took some BAC calls with a pull back on DTZ FULL PRO TOOLS watch it if BAC can hold 16 was strong yesterday on a down market
** I still Like OTM credit spreads here they allow me to see the market more clearly the people who took the short from our ES 1848 and failure of 1840 great job…
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