Trading $SPY $QQQ For A Living:
How To Analyze Daily / Weekly Charts!
Watch the video to learn how to trade this repeatable pattern 🎯
@ripster47 | @tenet_research | @TenetCharts
Trading 10AM Repeatable Concept MTF Magnet Long Setup with $SPY, $QQQ & $VIX Strategy!
Watch the video to learn how to trade this repeatable pattern 🎯
@ripster47 | @tenet_research | @TenetCharts
Big Picture View #ES_F: All year ES has been stuck in a massive channel/flag. Support is at 6732 (held Friday) resistance is up at 6960. Decision time
Plan Next Week: Bulls must hold 6732 and recover 6782 to rally up range to 6822, 6850, 6960. 6716 fails, we sell 6686, 6657
You can make $2,000 a day only risking $500 using my trading strategy.
My strategy is simple and it works.
Here is a thread going over my simple 1 hour a day system that I use every day.
📊 Use ATR Smartly
If a stock has already moved most of its ATR, day trade breakouts have less room.
Respect the range. Plan early.
Weekly breakouts allow wider targets. 🚀
@ripster47 | @tenet_research | @TenetCharts
Bulls you have one job: Continue to defend 6800.
Bears you have one job: Get below 6700.
Until then, will continue to day trade the $SPX 6800-7000 box.
📊 How to Use ATR
ATR shows how much a stock can realistically move in a day.
Pair it with volume to measure true expansion potential.
High relative volume plus strong ATR equals opportunity.
Know the range before you plan the trade. 🔥📈
He borrowed $20K.
He built a $6B fortune.
He compounded at 90% a year for a decade.
Bruce Kovner didn’t just trade well — he mastered position sizing. This is how he thought about it.
📐 Rising Wedge Setup
Two bullish trendlines tightening price action.
Momentum slows, structure compresses, breakdown triggers the move. 📉
Entry on the break.
Stop above the retest.
Target at wedge lows.
Structure first. Emotion last.
The breakout is where most traders lose.
They buy the extension.
I wait for the retest.
Break highs → flag → Enter 8 EMA.
No pullback. No trade.
$MSFT + 210% BANGER
@SenMarkKelly You Democrats showed your true colors. You are not standing up for this country or for our elderly. You should be ashamed of yourself you’re more concerned about illegal immigrants than you are about our own people