The Weekend Shift – Episode 22
The Price Action
Is this the move?
I see everyone in the chat is doing very well at listening to Rob. I know it is hard to not trade when things are moving around on your charts. If you were patient you were able to wait until the LG moves to the downside in the afternoons. It can be very frustrating to wait for the simultaneous breaks, but if you just hold on Rob will put where you need to be period.
The broader averages and the Weekend winners
The top winners from last week’s Weekend Vid from Rob Smith were:watchlist
No list last week due the earning reports, FED report, and high volatility. What was the top winner for you?
Tell us on Twitter at @SepiaGroup
The spread is the difference between the Bid and the Ask. When trading common this is usually close together. When trading option this can be a totally different story.
Macro Moves With Options
Special guest Fico Jordan
Trading options on the macro charts
EYE ON IT
In TradingView, you can use the Divergence Channel tool to identify trends in the broadening formation. It seems very simple, and easy to turn on and off. Check it out.