Superior Profit
Trading Gap accompanied by trend line breakout with options for more than 150% profit.

I have shared this technique many times in our market roundup webinars.

Here is a live example.

Yesterday, 4th Oct, several of the market ETFs opened with a gap down. SPY was one of them. Here is how the short trade was initiated using CUE systems and techniques:

1) SPY had a Memory support line below the opening price (point 1).

2) As it went below Early Range Low in the CUE Fine Tune intraday chart, SPY gave a Gap Short trade setup as per CUE guidelines. This short setup happened at point 2. You could take the trade with weekly options (that expires next week) to accelerate profit. 

3) At the same time price went below Early Range Low, it also went below the Memory support. Therefore, it gave a Memory Break setup as well. 

4) A short could be taken at that time. The stop would be above Early High, point 3, which was never approached.

5) During the day 4th Oct price went down, and the option had given much more than 100% profit (point 4). You could easily take the investment money back by closing, say, half position. Today, Friday 5th Oct as of 11:20 AM EST, the trade has more than 150% profit (point 5). If you did not book profit yesterday, you could do that today, at least in partial position before the weekends.

This trade was an application of the unambiguous CUE systems and techniques that used Gap Short setup as well as the Memory breakdown set up to take a high-profit trade.

SPY chart 2018-10-05_11-14-20.jpg  SPY Pnl 2018-10-05_11-22-13.jpg 

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