Sunday. Here’s the week ahead.
4 from 4 closed winners last week we take that all day, lets see whats on the spec for next week traders.
Three new calls, four waiting on a trigger. That’s the whole book for the week, and the second number is the more important one.
Four setups came off at target this week.
I’m not going to put the numbers up here, because a hit target is easy to be proud of and it isn’t the useful part. The useful part is that not one of them got taken early. Every entry waited for the condition to be met, and two of the four sat there long enough to be genuinely annoying before they triggered.
There’s a version of last week where I’m sitting on all four two days sooner, at better prices, feeling clever. That version also has me in three other names that approached their level, never crossed it, and rolled over. Those are invisible, because they never happened. They only stay invisible if you keep the rule.
The seven names on the board this week sit in three places, and the concentration is deliberate.
Heavy infrastructure with a launch date attached. Two of the new calls live here. This is the corner where sentiment moves faster than fundamentals and the squeezes are violent in both directions. One of the two has an earnings print inside the setup window, which changes how it gets sized rather than whether it gets taken.
Power and compute. One call. The story here has been the same for eighteen months and the market keeps re-rating who counts as an infrastructure name and who counts as a commodity business. That re-rating is the trade.
The currency book. Three of the four pending setups. This is where the patience lives. FX levels take longer to resolve than equity levels and they respect a close far more reliably, which makes them the cleanest possible teaching example of Gate 2 and the most tedious to actually sit through.
Four of seven have no position and may never have one.
That is not indecision, and it is not a hedge. Each of the four has a written condition: a pullback into a level, a close above one, a close below another. Until the condition prints, there is no trade, regardless of how good the chart looks in the meantime.
The distinction matters more than it sounds. A level that is nearly reached is not most of a trade. It is not a trade. A setup sitting half a percent away has given you exactly as much information as one sitting five percent away, which is none, and the only thing that changes as it gets closer is how badly you want to jump.
One of the four is a short. It will spend the week looking wrong, because a short setup always does right up until it doesn’t.
I sized that one off how much I liked it rather than off where the stop was. The stop was 22% away. I knew that number and I used it anyway.
Everything above is the thinking. Below is the book: all seven names with entries, stops, targets and R multiples, plus how I’d size the one carrying an earnings print.
Get the full weekly playbook and the live board. $29/mo, or $199/yr on the launch offer, down from $249. That’s 55c a day, and $149 less than paying monthly. Cancel anytime. No trial, and none needed, because the free letter tells you exactly how I trade before you pay for a single thing.
Three new squeeze calls. All three are written down in full before any of them exist as positions.
Comments
Nothing yet. Say the first thing.
Sign in to join the conversation.