Member’s Video for Monday, April 16th, 2018

Futures higher on news that Trump tweeted “Mission Completed” regarding Syria. Was that all? The rally in the indexes was weak even before that news so we’ll see if there is sufficient strength to carry us towards our d-wave objectives. We did book 1/2 profits in the SPX butterfly and began to short AMZN so I’m thinking the gains won’t hold. Also, we have a new Member’s facebok group

Member’s Only Facebook Group now open!  CLICK HERE

Interact with other members, ask questions, provide answers, posts charts, have fun with it!








Check my latest trading vlog! LEARNING YOUTUBE at YOUTUBE – Vlog 38

2 Comments

  1. Kevin Tharp
    Kevin Tharp on April 15, 2018 at 8:32 pm

    Hey Todd,
    It looks like that isn’t a Facebook group, but just a page. Nowhere to join it to be alerted when others post.

    Regards,
    Kevin

    Reply
  2. Kevin Tharp
    Kevin Tharp on April 16, 2018 at 6:05 pm

    Todd,
    On Today’s (4/16) SPX unbalanced fly, you have the Take Profit listed as 5% of cost. By that measure we would be out of the position at ~$4.35. Is this correct or am I looking at the 5% incorrectly?

    Thanks for clarifying,
    Kevin

    Reply

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