What is an Options Analyzer for?

You might have seen me use the thinkorswim analyze tab from time to time to explain how I am managing a position. What is it and why do we use it?

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E-Mini S&P 500 Futures Trades & Forex Currency Trades Update

Today I want to show you a more aggressive trade in the E-Mini S&P 500 futures and another trade that is not so aggressive, in which both worked out nicely. I also point out a potential trade that may be setting up very soon. On the daily E-Mini charts you want to be aware of 1379.25, 1370.25 and 1361.50 for potential near-term support. So far today’s low is 1380.50 and we’re already back up to 1385.50…let’s see what happens.

I also discuss six Forex currency pairs and the current condition of each. There have been a few profitable trades and one that didn’t go as expected. Hope this all helps in your own trading and let me know what you think.

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How Deep a Pullback?

Yesterday we discussed the high probability of seeing a pullback/consolidation, which so far has played out today. How deep will this go? Will we just get a baby pullback like early March, or will we see something deeper? This is where we’ll watch a shorter timeframe chart for clues to see what the “patterns within […]

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Trading Today’s Down Gap by Watching a LIVE E-Mini S&P Futures Trade

Today I walk you through how to trade a relatively large gap, if and when the market opens near a critical level. Today the market did just that by opening right at the Daily S3 Pivot combined with an interesting NYSE Tick reading. When you combine those two elements with a key bullish price pattern, that is what makes a profitable (long) trade, a majority of the time. Watch and see what happens…hope this helps.

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Probability of a Pause?

Market are about due for a pause based on a growing pile of leading indicators. The way this usually works is that when I start to doubt that this move will ever stop and I throw in the towel, that will be the exact moment of the top.

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Apple Trade, E-Mini Futures Review & Forex Pair Update

Today I take you through what I see in three Forex currency pairs, the Euro/US Dollar, US Dollar/Japanese Yen and British Pound/US Dollar. I also update you on the April AAPL 500 PUT trade along with giving you the closest support levels in the E-Mini S&P 500 futures contract.

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DEE-FENSE!!!!

Iron Condors are only for flat markets, right? Not if you know how to defend and adjust them! In today’s video I discuss some of the adjustments that are made to help keep my risk in check in the face of a strong move higher. 

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Here’s a Trade on AAPL that I Just Put On

Today I go through with you a trade I put on in Apple (AAPL) at the close of yesterday (3/19/2012). This is a pure speculative play and thought I would go over it with you. Even though I believe Apple will continue going much higher, I hope this doesn’t surprise you what I’m doing. The risk is very minimal, while the reward could be quite substantial, let’s see what happens.

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Trades in the Forex Currency Pairs Setting Up Right Now

Today I go through six Forex currency pairs with you and point out what I think are good trades setting up right now…and what to specifically look for on these charts. Two of the live trades (i.e. Australian Dollar and British Pound) I pointed out to you on Friday are doing quite well, and should continue moving up. Let’s see if the other trades I pointed out today continue moving in the direction I called for. I also run you through today’s trading in the E-Mini S&P 500 futures market. Have a great day and I hope all this helps you in your trading.

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Is the Renaissance Market here?

This current uptrend from the November lows now qualifies as the strongest, most linear trend that we’ve seen since those parabolic Bull market days of 1998/1999. Are we seeing a renaissance?

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