In this podcast we delve deep into market analysis and strategies for the SPX and Russell indices. Inspired by a question from one of our members, James, we explore how to identify high-probability setups and choose the right trading strategies. Stephen, one of our seasoned options coaches, guides us through a practical example involving the Russell index—a classic cup and handle pattern—and discusses the best strategies suited for such scenarios.
Watch the video! https://www.lockeinyoursuccess.com/recognize-trade-entries-and-which-strategy-to-use/
00:00 - Welcome & Introduction
00:51 - Trade Timing
01:44 – Market Chart Study
03:15 – Cup and Handle Pattern
03:53 –Bullish vs Bearish
04:25 – High Probability Set Up
05:00 - Analyzing the Cup and Handle Pattern
07:00 – Measured Move
08:00 - Trading Strategy for the Market
08:44 - Choosing Trade Time Frames & Exits
11:29 – Make Money Here!
12:19 – Trade With Us
John Locke has been working with options for almost 20 years and has built himself up as a leader in the stock options trading industry. Having trained now hundreds of traders, his natural ability to teach complex topics with clarity and passion has made him invaluable to the trading community.
*The result shown is from real-time, hypothetical trades such as those shown in the Options Trading for Income weekly webinar or Trading With The PROS biweekly webinars. Simulated trades are believed to be represented as accurately as possible, however, live results may have been different. The result is shared as an example for educational purposes ONLY.
