Monday July 29th - QQQ PUTs on PDL flag break

Today we used our put exactly where money managers play the game of stop hunting - its like inducing the traders to go in one direction and trap them. if you look at pic, price actually broke the high of the day and then immediately came under the same level. We saw that opportunity to short SPY via puts and  boom it worked like magic.

We entered right after the rejection confirmation, our Risk reward was good and we took the trade. Stop loss was right above that level..Trade went for 50 % quickly.

We entered on trade today on flag break over our predefined level, Price was above our zone and was also on basing on our level so we decided to enter in SPY calls. we did 30% on this trade. trade actually went for around 300 % later on. It surely hurts :-) but hey we are happy with our 30% Profit.

We entered right after the flag break, our Risk reward was good and we took the trade. Stop loss was right below that level..Trade took some time to give us 30 % and we took it but it went for 300 % quickly after that.

Today was range day as price did not cross any of our zone that we drew premarket and we decided to take the reversal trade at high of the today's zone. Trade worked flawlessly. it was quick 50 % move.

We entered right after the rejection confirmation, our Risk reward was good and we took the trade. Stop loss was right above that level..Trade went for 50 % quickly.

Market opened up higher today and we saw the strong price action already in premarket today and as soon as we saw the breakout on our predefined level we entered the trade. Since it was early in the morning we quickly took 30 % and put the stop loss on 30 % which actually got hit quickly. Trade later went for 50%.

We entered right after the breakout candle, our Risk reward was good and we took the trade. Stop loss was right below that level

Price could not move above our Zone and levels that we defined before market open and it started to look weak. We decided to enter the put trade right below our level and trade worked quickly in our direction with quick 60 % and we took 50 %  with stop loss. 

We entered right after the flag broke. It was quick 60 % profit trade and risk reward was right at that point. Our stop loss was right above the high of that green candle in the flag.

Our Level was respected 3 times in  row and 4th times when price was approaching that level, that level looked weak and there was lots of stop hunt possibilities was available as well. We decided to enter quick calls there and it worked like magic - quick win trade. 

We entered right after the flag broke. It was quick 60 % profit trade and risk reward was right at that point. Our stop loss was right below the low of that green candle in the flag.  It was quick 60 % profit and we took that quickly after that trade completely retraced so its important that we always book the profit when its there and raise your stop loss to protect that profit.. 

We entered right after the rejection on that level as you can clearly see the price is getting resistance there and risk reward is really good here. 

We entered right after the flag broke. It was quick 40 % profit trade and risk reward was right at that point. Our stop loss was right above the high of that green candle in the flag.  This trade later on went for 95% profit. well we were happy with our 40 % :-)

We entered right after the rejection on that level as you can clearly see the price is getting resistance there and risk reward is really good here. 

We entered right after the flag broke. It was quick 30 % profit trade and risk reward was right at that point. Our stop loss was right above the high of that green candle in the flag. Since this trade was late in the day we did 1 DTE instead of 0DTE on this one

We entered right after the support break on 5 mins.

We entered right after the flag broke. It was quick 50 % profit trade and risk reward was right at that point. Our stop loss was right above the high of that green candle in the flag

We entered right after the flag broke on 5 mins. Price was in downtrend and had broken multiple supports.

We entered right after the flag broke. we did take 20 % profit. However if we had not taken that profit trade would have gone against us quickly that is why always take profit at 20 % mark or atleast put stop at break even after 20%. Today's price action was complex specially when you've biased approach since price was dropping below yesterday low and broke all the support and then it turned around very quickly. options profit is very important take it quickly

Price was rejected at previous day low of the day -and then it also broke the low of day today, and then price went back to test the support zone and formed the flag at 5 mins and we entered our trade there.

Our stop loss was above that rejection area with horizontal line , we entered right after red candle taken the low of green candle. we did take 30 % profit. it was too soon we came out of that trade. it went for almost 150 % later

Price was moving zone to zone today - little late but we did our trade at retest day high around 3:41 pm. we did trade 1DTE rather than 0DTE since it was late in the day

Our stop loss was above those green dojis, we entered right after red candle taken the low of green doji. we did take 25 % profit. it was too soon we came out of that trade. it went for almost 60 % later

Entry on Retest on day low on 5 mins Chart

We entered on the flag break of 1 mins chart and stop loss was above the retest of the low

First flag on 15 mins candle on pre-market high break. 

We entered on the flag break of 1 mins chart and stop loss was below that Flagline break.