Ahoy there Trader! ⚓️
It’s Phil…
Something for the weekend, Don’t mind if I do! A quick 0-DTE trade on the ORB30 setup brought in a neat 84.4% return before lunch. And with SPX dropping into my ideal bullish reversal zone, next week’s looking promising. But for now, it’s time to kick back and enjoy the weekend!
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There’s nothing quite like wrapping up the week with a winning trade. Today’s 0-DTE play using the ORB30 setup brought an impressive 84.4% return—before most folks even settled into their afternoon coffee.
Here’s the setup:
- ORB30 Setup: A reliable trading pattern that played out beautifully this morning.
- Quick Returns: Closed by lunchtime with 84.4% profit.
- Bullish Reversal Zone: SPX is dropping into the zone we highlighted earlier this week during our mentorship calls.
This strategic move aligns perfectly with the market action we’ve been watching. With SPX heading into a potential reversal zone, I’m holding off until Monday for my next move. Sometimes, the best strategy is knowing when to pause and enjoy a moment of R ‘n R. ️
Fun Fact
Did you know that the shortest trading day in NYSE history was on July 21, 1969? It closed early so traders could watch the Apollo 11 moon landing!
While today’s markets don’t stop for moon landings anymore, it’s a reminder that timing is everything—both in life and trading.
Happy trading,
Phil
Less Brain More Gain
…and may your trades be smoother than a cashmere codpiece