Hot take - literally everyone who drives a Honda CRV is a moron.

$30,000 Millionaire said:

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Hot take - literally everyone who drives a Honda CRV is a moron.

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I feel the same about Tesla drivers

Triple_Bagger said:

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$30,000 Millionaire said:

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Hot take - literally everyone who drives a Honda CRV is a moron.

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I feel the same about Tesla drivers

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OA1DTS Telegram pilot going well so far. No big winning trades yet but profitable. Several said they appreciated explaining patience based on support levels. Sizing in and trimming approach. Also have some good traders with good ideas.

Asking Jeff to just start adding people each day now. Email him at jeff@oa1trading.com once you have telegram set up and he will get you added. There are two channels. One for communication of everyone and then the alert channel that only I use to send entries, important updates and such. Those also post to the community board, so they can be followed and discussed.

• McDonalds is in a wedge, keep an eye on it for a potential upside break and $300 magnet
• LABU will probably go to $7 again soon
• LI looks like it could go to a new ATH, but I would buy on a 21 retest or a new ATH
• FCEL scope out the volume and higher low on this

We discussed MCD last night. Last wedge failed into consolidation. Traveling so crude chart circled to show. The current recovery wedge back to resistance makes a big reverse head and shoulder, so we'll see if it can break out off of that. Highest % trade is wait for break above the highs and take nearest expiring $300 calls, because $300 gets you $305-$308 flash for big gains.

https://imgur.com/a/Lzt52L4

Talon2DSO said:

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Charismatic Megafauna said:

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Classic tsla shake, with big news tomorrow to burn shorts?

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I hope so. The shorts are calling Tesla to $100 in the next month

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If that happens I'm taking out a second mortgage.

Want to post how to trade a pivot using the one called this morning right at the lows of the day. First, we had $453 July 25 Puts up well early so I sold those as the markets began to bounce. Then we hit an order block for 5 minutes and I posted entering EXPIRING $453 Puts. Why expiring instead of Jul 25 puts? Because markets had a down look and if it was going to trend down then use the closest strike at super cheap price $0.22 entries. Also, if it turned into a trap and rally then I'm out $0.22 after gaining 5 times that on the Jul 25ths.

Next was the low pivot spotted and posted. Lets say you wanted to buy SPY expiring calls there as one person asked me. You would see what VWAP is at when I said "pivot" and once that pivot confirmed $453.34 (left side of the "V" order block into liquidity grab lows) you would buy the $454 expiring Calls for a quick trade. You would then sell them on flash of VWAP. If not all, then 90%. I sell them all on days like today. That would be a $0.43 or $0.44 entry with a $0.78 to $0.80 sell on VWAP flash. I always use a market order on flash sells. Nothing worse than partial fill when you were right on a trade.

And I sell 100% because you almost always get an initial rejection wave, as we did and you can always decide to buy back cheaper using a stop to ensure an overall winning approach to the trading.

Hope this helps. Also, if you don't have the right platform, skip any weekly call option alert and especially the above strategy. You'll get cooked like a goose with slow executions. Lastly, we are in pilot mode for the channel, without a full download on anything being traded. Don't trade for now since it is new to you. Observe and then as the complete service comes on line you'll have a better handle on trading.