Hello, thank you for your job it’s very interesting to watch and listen. As a beginner ,I don’t really understand what is put /call wall ,negative gamma territory,(I read an internet ,but still can’t get it ) especially how to use it. If it’s possible to make a quick video describing this things. Thank you very much
@NickolayLevchenkov - You're welcome! Starting on Monday 1/13/2025 we will begin with UA-cam Memberships - this is where I am likely to place the video you are looking for. Sascha and I will be posting an additional video regarding out Memberships launch and other Promotions that will be available. Thanks!
Why does the market keep bouncing on the way down? A 60 point t bounce on SPX then gives 75% of it back just seems like buyers are still holding it up as lower lows come the next day
@nickgrac5363 - when the markets are trading in "negative gamma" territory the moves (in both directions) become larger and often don't last very long - today though what contributed to the bounces (stronger) on the way down was TSLA and META - both are in the NQ and ES and both carry a fair weighting in the indexes. Also today the call flows in the SPX contributed to the rallies.
With the way this market has been moving, it really doesn't matter what the count is and where it wants to go. Find a setup in either direction, take 10-20 pts & GTFO or you're gonna give it back. And in all honesty, I had no idea where it was going before NFP. I had stop orders on both sides of the range before the release, so the sell side triggered & buy side cancelled. But yeah.... the 12/20 low is now breached. Finally, one side of the range broken. We see if it was a liquidity grab or continuation next week & it plays out.
@mikescaruana - Couldn't have said it better myself -- as a day trader and the manner is which the NASDAQ is flipping around it becomes imperative to make adjustments to trading. Your point on "take 10-20 points (not ticks - points $$) and GTFO - is truth! I will add the larger swings ( in both direction) is being described as a "traders market" and is due to the the overall nature of "negative gamma" which sits primarily on the put side. When volatility triggers get triggered and put walls get broken it produces larger swings as algorithms make position adjustments. It may take additional focus, but I'm finding a "ton" of opportunities to trade in both directions. If as a trader you can keep your head together and not get wrapped up in the velocity of the moves or the "why" of the moves the rewards come in the "hundreds to thousands" of dollars.
@brentlorrilliere6057 - Yes, it should continue to be interesting. The Alternate counts I'm running on both the ES and NQ could be brought over to Preferred status and the market reaction to the PPI and CPI could be the trigger.
I think it is a A,B, and now at 12345 diagonal for C as you mention at 27:23
Hello, thank you for your job it’s very interesting to watch and listen. As a beginner ,I don’t really understand what is put /call wall ,negative gamma territory,(I read an internet ,but still can’t get it ) especially how to use it. If it’s possible to make a quick video describing this things. Thank you very much
@NickolayLevchenkov - You're welcome! Starting on Monday 1/13/2025 we will begin with UA-cam Memberships - this is where I am likely to place the video you are looking for. Sascha and I will be posting an additional video regarding out Memberships launch and other Promotions that will be available. Thanks!
My primary is that we are in a descending triangle on both ES and NQ.
My secondary is that we are in C of 4 now.
what degree and what labeling? Thanks!
Why does the market keep bouncing on the way down? A 60 point t bounce on SPX then gives 75% of it back just seems like buyers are still holding it up as lower lows come the next day
The traps make it difficult to trace puts or calls
@nickgrac5363 - when the markets are trading in "negative gamma" territory the moves (in both directions) become larger and often don't last very long - today though what contributed to the bounces (stronger) on the way down was TSLA and META - both are in the NQ and ES and both carry a fair weighting in the indexes. Also today the call flows in the SPX contributed to the rallies.
@nickgrace5363 - I get that -- and don't disagree - there are a few suggestions I can make -- send me an email.
With the way this market has been moving, it really doesn't matter what the count is and where it wants to go. Find a setup in either direction, take 10-20 pts & GTFO or you're gonna give it back.
And in all honesty, I had no idea where it was going before NFP. I had stop orders on both sides of the range before the release, so the sell side triggered & buy side cancelled.
But yeah.... the 12/20 low is now breached. Finally, one side of the range broken. We see if it was a liquidity grab or continuation next week & it plays out.
@mikescaruana - Couldn't have said it better myself -- as a day trader and the manner is which the NASDAQ is flipping around it becomes imperative to make adjustments to trading. Your point on "take 10-20 points (not ticks - points $$) and GTFO - is truth! I will add the larger swings ( in both direction) is being described as a "traders market" and is due to the the overall nature of "negative gamma" which sits primarily on the put side. When volatility triggers get triggered and put walls get broken it produces larger swings as algorithms make position adjustments. It may take additional focus, but I'm finding a "ton" of opportunities to trade in both directions. If as a trader you can keep your head together and not get wrapped up in the velocity of the moves or the "why" of the moves the rewards come in the "hundreds to thousands" of dollars.
Next week econ data ..place your bets
1/14 - PPI
1/15 - CPI
1/16 - Retail Sales
1/17 - Housing Starts
Earnings,
1/15 JPM, WFC, GS, Blackrock, Citi, Schwab
1/16 UNH, BAC
@brentlorrilliere6057 - Yes, it should continue to be interesting. The Alternate counts I'm running on both the ES and NQ could be brought over to Preferred status and the market reaction to the PPI and CPI could be the trigger.
Yeap . Now it's really gunna crash.