Stock, Option and Futures Trading

Stock, Option and Futures Trading

FAZ 250% and IWM 77%

—Blue bars caught the high again–

The time/price square we had on IWM was the top of that wave and IWM made a move down from $69.40 to $65.10 in 1.5 days. The OCT 67 puts were $2.25 at the top and closed at $4.00 today good for a 77% gain. Our bigger target on IWM is $58 from prior posts.

If you covered the FAZ calls today at the $65 target it was good for 250%. There is a higher target at $68 but these are weekly options so play close attention tomorrow to exit if FAZ shows any signs of weakness.

Members are saying:

“You have caught every wave over the last month. Great work”

” Cleared 230% on FAZ in a few days. Again!”

“The NQ 2264 level held as resistance from the room and i caught it short for 32 points”

Happy Trading,

http://www.eMiniSchool.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: