yoshiyoddle

documenting the journey

[yoshiyoddle @yoshiyoddle]

my goal is to get to a $100k as quick as possible right now

[yoshiyoddle @yoshiyoddle]

the goal is to get $100k as quick as possible via trading, split that in half, take $50k to continue trading daily, use the other $50k for longer term swings (2-12 weeks).

from there it's simple, take the $50k and grow it to the $200k to use for longer time horizons, while continuing to swing and hold a small account to trade things I have extreme conviction on short time frames while utilizing the medium time frame account for most of my day to day.

i do not have the time, the interest, nor the desire to sit and trade fibs, S/R, and EMA's/MA's on the 5 minute to 4 hour time frames. we're building a massive business in the background that has many moving pieces that deserves most of my attention.

there is a plan, and we will execute.

[yoshiyoddle @yoshiyoddle]

current positions - was working in background so didn't have time to get stuff out today. sold $SPY calls maybe a little too soon but did some buying. got burned early on those $INTC, re-entered later. am really just deciding what to do into overnight.

[yoshiyoddle @yoshiyoddle]

out of both $SPY and $GOOGL calls and flipping to 725p for next Thurs, part of me believes that was exit liquidity this morning

[yoshiyoddle @yoshiyoddle]

got some Friday 740c on $SPY that I will close today, this first hour here I think determines direction and I believe positive news out of Iran is imminent

[yoshiyoddle @yoshiyoddle]

got 4 $GOOGL 375c 7/17 expiry

[yoshiyoddle @yoshiyoddle]

i think that open may have been the flush out and we end up green on the day

[yoshiyoddle @yoshiyoddle]

$MSFT - short term bounce to reclaim the 50 SMA with AWVAP is possible. do believe at some point we will the two gaps below at $396-394 and $386-384

[yoshiyoddle @yoshiyoddle]

$IREN - holding up for now, needs to hold this TL, AWVAP, otherwise next test down is the 0.618 fib with the 200 SMA at $46.25

[yoshiyoddle @yoshiyoddle]

$GOOGL - holding 50 SMA, 21 EMA and AVWAP at $373-376 is solid short term R/R. SL with close under 50 SMA

[yoshiyoddle @yoshiyoddle]

$AMZN - needs to hold the 0.618 fib otherwise headed to SMT MZ on daily that lines up with 200 SMA. holding 50 SMA can target the gap above at $267-270

[yoshiyoddle @yoshiyoddle]

out for $275, i'm getting ready to reload on more drawdown that's longer dated. I'm probably done for today unless i start a longer dated 715p. i think we stabilize today between $722-727 but we get one last flush down to $715

[yoshiyoddle @yoshiyoddle]

taking a small swing on Friday 427's on $SPY, this was a drastic selloff and I wouldn't be shocked if we bounce a little here.

5 and 10M BX's want to curl, bull flag on 1m, will cut quickly

[yoshiyoddle @yoshiyoddle]

and all it'll take is a slightly cooler CPI print tomorrow than expected

[yoshiyoddle @yoshiyoddle]

gonna start a small position in 6/26 $715p on $SPY. idk how long it'll take but i do think we get there

[yoshiyoddle @yoshiyoddle]

i did short this AM for $2300 gain on $SPY

[yoshiyoddle @yoshiyoddle]

i'm gonna sit on my hands for now.

i don't trust this market. there's tons of great setups but we have too many catalysts coming up one side and the put ratio on the other side leads me to believe the right way to be positioned is long.

that said there's too many unknowns and probabilities aren't lined up enough to take the risk

[yoshiyoddle @yoshiyoddle]

that was a pretty weird move down rather quickly

[yoshiyoddle @yoshiyoddle]

i actually think today may be a decent de-leveraging day

IH&S on the daily $SPY

Trump's comments around 'i don't think we should raise rates', which differs from his usual tone and leads me to believe this print may be hotter than expected.

estimates at 4.2%. we get anything above that and I think the first gap on the daily is in play at $728-725 which would us about 4.6% from ATH's.

the 21 EMA on the weekly at $708 all the way to the 0.618 fib at $680 is probably a solid landing zone and would be 10% off all ATH's.

it's a mid-term year. I think we got some weird shit lined up this summer

[yoshiyoddle @yoshiyoddle]

there's a lot that looks good here but I'm going to hold off till we get more numbers later in the week