What A Trading Day It Was….What A Great Summer It’s Going To Continue To Be!

Welcome back! Let’s take a look at this from what we said and what’s happened. The reason why it’s important is you can go back and watch the videos from earlier this week and understand the follow up here. We had this ultra-low $VIX and we’ve got news coming up potentially next week that could derail this market. In the meantime, we could get really good runs to the upside if certain levels were broken. For instance, we were talking about this on the S&P. I told you I would be just as interested as going long as the short side trade. I can’t wait until next Wednesday because any piece of bad news will make it go. In the meantime, we will milk it for all its worth. This is a phenomenal market opportunity. As long as we stay above those speedlines on these stock index futures, we were going to be focusing on longside trades. I actually traded several different instruments today. I fired off several trades live right on the screen in front of traders.

This was using all of the strategies I laid out for you here. We focused on stochastic, inventory retracement bars, speed line continuation trades, sells not selling and resumptions in the buys. You name it, we had all kinds of great things going for us this morning. As we look at this now, it’s important to go back and see the videos. This is a research weekend. See what I was saying that led up to this. I told you that we were looking for a break on the bonds. We broke above the inventory retracement bars and pulled back to the IRB. We had a speed line continuation trade and lots of my institutional indicators. We broke through all of that, pulled back, held support and pulled off like a rocket. All of this was talked about in my videos in the last week or two. I’m looking forward to a big week next week. We have all the things happening with testimonies and potentially blocked testimonies, mainstream media and everybody going nuts these days. That can lead to some awesome volatility. It’s a great time to be a trader. Understand the trend is your friend until the bend in the end. We’re going to preference longside trades just like we did yesterday. The S&P was our favorite trade all morning long in the live trading room. When the break came, man, did that market take off.

I can’t say enough good things about what a good summer it’s going to be. Congratulations to all of you who joined the live trading room. If you didn’t, what are you waiting for? If you go to www.becomeabettertrader.com/25x, this is an incredible opportunity and offer. You saw all the different benefits and features that this contains. But for those of you who didn’t, I want you to understand just how much you get. You get the Live Trading Room, the trading room resources, you get thousands of day and swing trading videos, you get access to Rob where you can type in your favorite questions and I answer them in the nightly videos, among much more! It’s lots and lots of stuff that you get as part of your membership. It’s a great time to be here. I’m really excited to be here with you guys. Go to www.becomeabettertrader.com/25x. I’ll see you on the flip side. Have a great weekend!

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