Blog

Quiet Morning as Earnings Releases Resume- Feb 4, 2019

MARKET TEMPERAMENT –

The SPX spread expiring today holds at 15 points around the 2705 strike leaving us 2720-2690 as our ranges of priced motion stretch higher. Bullish news pervades the airwaves but one thing is clear to me – breaking and holding higher has been difficult, even as buyers remain in charge of direction.

Our decisions in the market today suggest that we need to watch for support tests to continue long to minimize risk. As traders, we should be risk managers FIRST. The market is a minefield and only fools rush in.

I continue to look for THE FAILED RETEST OF NEW HIGHS as our Metastock swing system says should be our introductory entries short…. this means that how well we bounce here over the next couple of days will bring us to engagement.  

How about finally starting that trading journal?

You should – Here’s an easy way to keep track of your progress

PROTECTED DATA SITS BELOW –

IF YOU CAN SEE THIS LINE, YOU ARE LOGGED IN 

NEW LINK FOR TRADING DATA EXCEL SPREADSHEET –

Please download the dropbox for the newest data

Webinar link for the week beginning Feb 4, 2019

YESTERDAY’S WEBINAR RECORDING LINK

STUDY SESSION FROM 1-30-19 – webinar recording

TODAY’S webinar recording

HOW TO TRADE THIS SPREADSHEET AND TRADE MECHANICS IN GENERAL- STUDY VIDEOS SERIES

TRADING ENTRY AND TARGET PARAMETERS FOR 2-4-19
TARGET PERFORMANCE FOR 2-1-19

All user and member participation with TheTradingBook.com implies agreement with our Terms & Conditions

en_USEnglish
en_USEnglish