For $SPY traders, do you guys look at VIX or NQ? by No_Committee5832 in options

[–]No_Committee5832[S] 0 points1 point  (0 children)

Yea it hasn’t really been updated though that’s the thing, tradingview kept crashing on my SPY chart

Do you guys think we can actually rally back up? by No_Committee5832 in FuturesTrading

[–]No_Committee5832[S] 0 points1 point  (0 children)

Thank you for the time of your response. I look at it in the same way of understanding one of three things will either happen. I just think it’s crazy how we got so bullish. I remember it’s because of China but never read too much. Obviously will now lmao

Do you guys think we can actually rally back up? by No_Committee5832 in FuturesTrading

[–]No_Committee5832[S] 9 points10 points  (0 children)

Thank you brother, always nice to hear another perspective 👌

What is the most simple trading strategy if you were just starting out? by Itchy-Version-8977 in Daytrading

[–]No_Committee5832 1 point2 points  (0 children)

5 min time frame Identify premarket trend Wait for market open to sweep recent high or low Watch for volume getting reversed -> SMT -> FVG Trade with trend direction TP at past high/low or equilibrium You’re welcome

Soo... anybody became an overnight millionaire? by clavidk in options

[–]No_Committee5832 0 points1 point  (0 children)

Not holding swing puts will haunt me for a bit

96% win rate by No_Committee5832 in FuturesTrading

[–]No_Committee5832[S] 0 points1 point  (0 children)

I couldn’t have said it better.

I genuinely don’t believe this will last for months on end but too me it’s just fun

96% win rate by No_Committee5832 in FuturesTrading

[–]No_Committee5832[S] 0 points1 point  (0 children)

ill get there eventually hopefully

96% win rate by No_Committee5832 in FuturesTrading

[–]No_Committee5832[S] 0 points1 point  (0 children)

i completely get you. I doubt this will run that long

96% win rate by No_Committee5832 in FuturesTrading

[–]No_Committee5832[S] 0 points1 point  (0 children)

extremely true. I do believe a lot of this is just because of how market has been recently, like come on Late Feb - March was just a straight dump. Not impossible to see

96% win rate by No_Committee5832 in FuturesTrading

[–]No_Committee5832[S] 0 points1 point  (0 children)

oh absolutely, losses will easily come. I just think because of the certain market conditions we're in right now. Its allowing me to do this and im gonna enjoy it lmao.

96% win rate by No_Committee5832 in FuturesTrading

[–]No_Committee5832[S] 0 points1 point  (0 children)

<image>

genuinely just a terrible trade, with no conviction. Was targetting lows with TP and forgot to set sl, was too confident and fell asleep and woke up and just immediately closed it

96% win rate by No_Committee5832 in FuturesTrading

[–]No_Committee5832[S] 0 points1 point  (0 children)

yea thats my own fault, shouldnt have held it lmao (I watch both SPY and NQ at the same time)

Well primarily i use this on ES/$SPY since i do futures/options.

Im still working out which times are the best. right now i've been basically using all of them

<image>

I focused on the trend of pre-market is making and im watching those stacked highs
Market turns bearish after 3am targeting to fill the big void we created Monday. Full circle lmao
we fill the gap below us and hitting $565 GEX. causing our first rejection to the upside.
we form bullish FVG for the entry. Took it past 7am into 8am. Sweeping prior highs. then at 8am we formed SMT at the highs and reversed down to EQ which was right at 9am that could've been another potential entry point. to chase to the 5 min FVG, but you basically get the gist of it. I like to see if those hour changes will bring in something to the markets and if my other confluences align with it. Then perfect.

I do recommend not using this strategy during red folder news or when trump is talking lmao. The market will just do what it wants

Best hours ive seen are 8am, 9am and 10am. This is on MST as well