Edition 843
August 21, 2020
ANDY JORDAN IS INTRODUCING A NEW PRODUCT - KEEP READING, TRADERS...
Professional Trader Andy Jordan
Educator for Spreads, Options, Swing, Day Trading, and
Editor of Traders Notebook Complete and Traders Notebook Seasonal Spread Trading (TNsst)
NEW PRODUCT BY ANDY JORDAN
IT'S HERE - SIGN UP TODAY!
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Introducing: Traders Notebook Seasonal Spread Trading (TNsst)
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© by Andy Jordan. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.
Professional Trader Andy Jordan
Educator for Spreads, Options, Swing, Day Trading, and
Editor of Traders Notebook Complete and Traders Notebook Seasonal Spread Trading (TNsst)
Trading Video: My Trading Office
In this video, Andy Jordan shows you his trading office, the hardware he is using and what software he uses on a daily basis for his trading.
Contact Andy Jordan with Questions
Join Andy's trading team today!
© by Andy Jordan. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.
Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed
Chart Scan with Commentary: Option Trade
Hey Joe! I'm looking at HTHT now. The price of $30 has been held for almost ten months since Jan, so I think $30 should be a strong support. And the interesting thing is there's a RH TTE on weekly chart and the first correction bar's momentum is up. I also found $25-$35 zone is heavily traded. I'm considering selling a $30 put of Mar at $1.05, the ROM is high, over 70%. Any advice, please let me know.
Daily Chart
Weekly Chart
With reference to the charts above, we run into conflicting information on HTHT. This can happen when we look at too many things, too few things, or even the wrong things.
I will point out some things:
The long-term seasonal trend is strongly down, with 95% chance to stay that way.
The short-term seasonal trend is 67% - 78% down over the next 6 weeks.
From the point of view of Chart analysis:
The weekly chart shows trading range with a 1-2-3 low ahead of an RH. However, rules for TTE say do not take the 1st bar of correction.
From the point of view of technical analysis, HTHT is overbought based on both Bollinger Bands and Stochastics.
But you never know! It could turn out to be a great trade. : )
© by Joe Ross. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.
Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed
Trading Article: Volatility
Historical Volatility Also referred to as statistical volatility. Historical volatility gauges the fluctuations of underlying securities by measuring price changes over predetermined...read more.
© by Joe Ross. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.
Philippe Guartier: Administration and
New Developments of Instant Income Guaranteed
Instant Income Guaranteed - GBX TRADE
On 12th July 2020 we gave our Instant Income Guaranteed subscribers the following trade on Greenbrier Companies, Inc. (GBX). Price insurance could be sold as follows:
- On 14th July 2020, we sold to open GBX Aug 21 2020 15P @ 0.175 (average price), with 38 days until expiration and our short strike about 40% below price action, making the trade particularly safe.
- On 20th July 2020, we bought to close GBX Aug 21 2020 15P @ 0.05.
Profit: 12.50$ per option
Margin: 300$
Return on Margin annualized: 253.47%
Philippe
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© by Joe Ross and Philippe Gautier. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.
Professional Trader Marco Mayer
Educator for Forex, Futures and Systematic Trader
Creator of Ambush Trading Method, Ambush Signals, and Head of AlgoStrats.com
Trading the Russell 2000 like a Pro
One of the top equity markets during the last couple of months has been the Russell 2000 Index for Ambush Traders. Whether they've been trading the regular RTY contract or the M2K Micro version of the Russell, profits just kept on flying in!
Here's a daily chart of the Russell 2000 (RTY), showing the last couple of months of trading. As you can see this market did what markets do 90% of the time, which is why Ambush is such a great trading method. Markets move in boxes/ranges, break out for a few days and then start moving in the next box. The Russell has been boxing a lot lately and so Ambush Traders had a lot of fun!
Here are the results of the trades shown on the chart, trading one RTY contract:
Yup, that's over $10k profits, meaning you'd have made about 1/10th of that trading the Micro M2K contract:
Notice that all of these are actually day trades, even though they're based on end-of-day trading decisions. Ambush is exactly that, an easy way to day trade not for a few tiny ticks with a lot of stress but placing your trades once a day, walk away, and go for the big intraday moves!
Ask yourself whether you want to miss out on such trades or at least not be aware of the signals while trading these markets.
I don't think you want to, so if you didn't already, join Ambush Signals today! For traders who prefer to trade the Micro contracts, we have a special Mini-Version of Ambush Signals that's a lot cheaper.
Happy Trading,
Marco
The Ambush Trading System was created in 2007 by Marco Mayer. Since then it proved itself in the markets for over a decade and did so with exceptional results. It's the only trading system we're aware of that is still going strong after so many years. While Ambush is a day trading system, meaning you will always enter and exit on the same trading day - you don't have to sit in front of your trading screen. You simply place your entry orders when the trading session starts and come back at the close!
© by Marco Mayer. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.
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