Why you need to learn to trade ‘structure’

Good day, folks. So this video is going to show you a recap of what I did here coming into Friday. So we were coming down here into key support levels, we pre identify these support levels here in crude around the 8750. Mark, I felt like that area was a good area and would likely hold. So I sold putt premium. So I sold crude oil puts that expired today on Friday, the 18th went out here, there was some really, really juicy premium. Down below here at 87. I actually sold the 80 sixes for about 30 takes at the time really never took any heat. So I sold 86 puts the 86 strike rather, for 30 cents or $300 a contract. You can see we’re trading into what I call key areas of structure. We also had bullish divergence buy signals here on the hourly, that was nice for a good rip up from the 89 level up to about 90 half we did spike up here at 91 pullback and then settling here near the highs today at around 9060. So I also did that on the E Mini s&p, so I’m going to pull up the E Mini s&p chart. And we look at the E Mini s&p had some levels here. I played this on both sides. So right here, we had this area identified well in advance this area of structure here at 4375. We you see the price really rejected off of this area, we went to trade sideways pretty much to the overnight session came back down here penetrate a little bit deeper than we normally like to see. But we did have a reaction. And that’s what we wanted here 4375. And we bounced up immediately to about 4388. But what I did not trade the futures market here, what I did is when we came into this area came down here and sold Weekly put options on the E Mini s&p. So as the markets were selling off looking weak at areas of structure, the premiums it’s of course, we had a lot of fear premium baked in as well, the premiums were really, really jacked. And so I sold out of the money put options on the weekly expiration here in the E Mini s&p Now we did price a little bit lower. The reason I did not belt or one I was well out of the money on those, but then did have a next key area right here that should if it did come down and test serve as really, really solid support. And actually, it did. So we actually came down here to 40, male low 4321 That area was around 4318 4319. So this is a way that we can really capture good nice trades either from an intraday or swing trade basis, and play on both sides. So actually, when we rally back up here into this area, I then flipped around and sold the 4385 call options for about four and a half points. And we’ll bout an hour hour and a half or so actually a couple hours I think left till expiration feeling like the market would contain itself between these two key areas. And that’s exactly what it did. And folks, this is just part of my process each and every day. I do this not only for the intraday session, but also do it for daily and weekly swing trading. I’m gonna be doing a free presentation on Wednesday, February 23 at 2pm Eastern, learning how to spot the big money moves with a new trading strategy. Now we’re going to be talking about hidden tracks that institutions leave for retail traders by rules for trading like you’re the bank locating key zones for tight light trades, and avoiding costly mistakes that will crush your account. Now, I’m going to link you to this page registration is free. All you got to do is click the orange button. This is a very exciting concept. Very exciting strategy on how to place trades with supreme confidence with Ultra tight risk and high reward. I’m gonna link you to this page. Click the orange button to register and I’ll see you there