First, I hope you’re keeping safe, well and with your spirits up. In the midst of this unprecedented situation there is still humour, there are still uplifting stories of kindness, and there are still opportunities for us to thrive.
We’re also lucky to live in an age where there’s plenty of entertainment at home if we need to be there for extended periods of time.
We in particular are also super fortunate to be able to earn from our homes, trading as we do in an orderly way. Many OVI traders have written in to report a hugely positive time during the market’s meltdown, including taking advantage of the “waterfall” setup I’ve been taking about.
MIAMI OPTIONEASY BOOTCAMP ARRANGEMENTS:
Onto practical matters … Due to the new travel restrictions being imposed, I’ve formally switched our Miami options event to 100% online now. This is something I and my team have many years of experience with, and we’ll proceed as planned, all online.
It will be the same experience, complete with my camera crew for that interactive feel, and of course with all the many bonuses loaded … including my brand new OptionEasy suite that completely changes the game for finding optimal setups for options strategies.
This is one of the ways we’re so different … I have specific filters for specific strategies, meaning you can focus on what works best and therefore save massive time.
And now they’re in mobile format, you can do it all in a matter of just a few clicks.
One of the big problems I’ve found with other applications is that they have no focus and no direction. They simply cram in as many filters as possible, most of which are completely unsuitable for the particular strategy.
My approach is to provide only the optimal (and tested) filters for each strategy. And of course the OVI makes all the difference too.
I’ll be demo’ing my new apps from midweek onwards, so make sure you’re watching as it’s game-changing stuff and they’re fully included in our “Miami” event!
Trading options (in our way) is a gift in all market conditions, and these market conditions have still yielded many superb setups.
So it’s been another turbulent week with the shorts scrambling to cover on Friday, meaning a sharp uptick.
My expectation is that the wild undulations will continue while uncertain Coronavirus news continues to drive sentiment. When the situation gets under some sort of control then we’ll rapidly be in an entirely new dynamic.
Until then it means that further downside is likely, and I do expect many of these moves to be highly tradeable by our way of doing things.
Right now (today) we need our setups to re-form. This may only take a few days, so keep watching because the opportunities will come and you won’t want to miss out.
In today’s review I am showing last week’s waterfall setups – all of which did exactly what they should have done – and a summary of what’s happening now. Again, be patient for our high probability setups to form.
Finally, I just saw a funny video where a guy was at a coffee shop and paying the barista with toilet paper squares!
I am confident the world – and particularly the US markets – will get through this and there will be many bargains to be had, so stay alert and keep watching because we will be onto them.
