Hi everyone, well we all knew that this would be a highly volatile day and here’s hoping each and everyone of you made some great coin
I did really well and also played FX rather well today too, which is always allot of fun. I am now short the EUR/USD expecting a nice bounce on the dollar tomorrow. I also added WFMI 31/27 November put spread for earnings tonight.
Bought WFMI to open 31 put
Sell to open WFMI 27 put = Debit of 1.01
Possible ROI is 2.99
Here is a chart on SPY, I feel we could retrace to 1038 and even 1025 is possible, before going higher
Great day everyone you did awesome!!!!!!!!!!!!
Great job Pra for finding the trade while I was so busy
Good morning HOBsters Yes today the Fed will makes it’s decision on interest rates, and of course we don’t expect any change. What everyone will do is dissect each and every word like in Biology dissecting a frog. It will be the way they parse their words. Oh god, do I hate these days. You can expect more roller coaster rides today.
I still have a target of 1060 at least by this week which is an out there call being that we have allot of resistance at 1052.
Update on DVN, if you followed me on that trade they beat handsomely on top and bottom line, so we shall see how it trades but so far so good.
Make it fun, have a great day, and I asked BERK and he accepted a spot as a moderator on HOB. I value his input and his charts are some of the best I have ever seen.. Yea!
Here’s a great video by Mr. TopStep!
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