| |  | | Monday, November 22, 2021 | Lesson: The Levels Every Trader Needs to Learn
By Tom Gentile | Happy Monday, Power Profit Traders!
Make sure you're catching my LIVE trading sessions -- the next one kicks off at 9:30 a.m. ET right here.
Not only will I divulge what I believe to be the No. 1 catalyst to push crypto to new highs (and it could happen before year's end)...
I'll also be giving away another week at my house in New Zealand!
My kitchen in New Zealand
It all starts at 9:30 a.m. ET, so make sure you're in the room.
You can catch glimpses of me even earlier on the Money Morning LIVE show at 8:30 a.m. ET. Today, in fact, I went over one specific retail stock that tends to do well this time of year, per my Money Calendar...
It's what I'm calling a "Black Friday" trade, because you can put on a call spread for a lot less than it costs to buy the shares outright.
I may go over that trade in our 9:30 a.m. hour, but first -- I want to dive back into something we glazed over last week when discussing the Bitcoin (BTC) and Ethereum (ETH) levels on my radar right now: Fibonacci retracements.
So today, let's take a look at what these levels are, why you need to know how to plot them, and why they aren't just applicable to cryptocurrency charts.
Click here to continue reading today's Power Profit Trades newsletter.
Tom Gentile
America's #1 Pattern Trader
| Tom's Toolbox | Today's Watchlist is based on the Morning Report's Cheap IV tool. This data is updated after the closing bell each session, and compares current implied volatility (IV) against a set of near-the-money options over the last year. Unlike other indicators, the Morning Report's Cheap IV tool compares IV against itself, as opposed to historical volatility (HV), for a more apples-to-apples comparison. Cheap IV means the current IV is at the low end of this 52-week range, indicating option premiums are relatively inexpensive at the moment - a ripe atmosphere for buying to open calls or puts.
The Morning Report tools from the Tom Gentile Suite app are free to Power Profit Traders - click here for instructions on how to use and download.
|
| | | | | | Join the conversation at powerprofittrades.com
Or follow me on Facebook and Twitter | | The best way to receive the most timely, actionable opportunities from Money Morning is by joining our text messaging service, Red Alert - free of charge.
| |
|
| | By texting INCOME to 21852, you are expressly consenting to be texted about investing news, trade alerts and marketing communications from Money Map Press, LLC about Money Morning's Red Alert text messaging service at the phone number you use, even if the phone number is on a corporate, state or national do not call list. You also consent and unconditionally agree to our Privacy Policy and Terms of Use, including the arbitration provision and class action waiver contained therein. Your consent is not required to make a purchase. Msgs may be sent using automated technology. Message frequency varies. Msg&data rates may apply. Text HELP for HELP and Text STOP to STOP. | You are receiving this e-mail at stevenmagallanes520.nims@blogger.com, as part of your subscription to Power Profit Trades. To remove your email from this list: unsubscribe here or Manage Your Email Preferences.
To cancel, or for any other questions or requests, please contact our Customer Service team:
Online
Phone: 888-384-8339 (North America) 443-353-4519 (International)
Mail: Power Profit Trades | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201
Fax: 410-622-3050
Our Customer Service team is available Monday ‑ Friday between 9:00 AM and 5:00 PM ET.
© 2021 Money Map Press. All Rights Reserved.
Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice.
We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.
Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201.
Website | Privacy Policy | Terms & Conditions https://u15333885.ct.sendgrid.net/wf/unsubscribe?upn=mSmPH8rKtKnNviZeKAYpz76-2FGwfYi-2BjIDFR39ZMdvf-2B9u5jZK392w1VrKM3Akyp8Cix-2Flkd52Y7Zb2vzVdegog-2FAsV-2BkenUDqjWG8JAxo4AXgaQkEeq6C-2FAIFPU-2BdjHJP78G3vNTMrSByAm5AnolQQufrhkLSjRHnzyD-2F4XwDkoKZNQeZBJ6YvSXxNi84cTS9-2BeKaSJxDNSa24roiJaaqZ97mPx6jYyNGkyWD5GrlNa-2BK3iMfgvQEf83WgyY36YRhU3W-2BVyDM-2FgfuyCYeM0ukPK8xcHB7snYdJf4jqVW74S6-2FSUUpd2e2oESkR9SHAxXL5eCC6Vjxn-2BruUfks81R8se1fi1oGhZFKoaTolsyjizuJgmTP-2FkzOWPtW2Zs-2BB0FXLzOdBoDn0kdyiYKcUkyD7SxCCO80LZfOC62ltezRkoOloLIezvDU0a9b1I1OLr9b9usZcMMoQvpktDcdXE0pRUNZ6oczgrjlg3QSm7nMGknAXGOkGGjk0pg2lMOOhN3WiqCgQBjafpMNMXadHPiW69ciWDRC6geMZqm8ZzRgbZY3sjWDHFu6kbNUDBqUkjt2IpcOPTylnKAFmWzEWC8FuvGwWgIjoiPZQH4-2FydtykUz23iO98-2FxcMV9IkzC-2BiYpBcwCuc-2BuDStwFWkyvX-2B57C8xuLPpFOCOixZ64ARsfpQPHYdRb3oTLHSwvpmnNF64TO7I5UCbbe8wHtNafmRMDuTdn6QQYoCzpu3mN-2FmIF-2ByV-2F9hW2ZIevVJvehXleHAFEm1dt1d1dpCf9-2BEu1nb2YFudP4gbaePe3CQCxH-2Fa9fEQSMI25jrdSei-2FqeoYiam8K2Dvk7ND-2BFdIDaTo36mM1cDx-2Bi7v2UZei3hkEnsmyu-2B-2Fd70L9LwL3U3ufNG-2F03ia63SbLAepi1vBebR2xiZXD6MFbBXkl2RzkSBsuIpMRDjvPJ8IZFXDOwmkmyurlXa6xuqQhsmxuDfyOmgNt07-2F6XBDrJKwuYJt2MewHhvkRDLCqzJ6Qou7npWdBf0Gd4hI1WMFmi9K8nfbOJFCqmmR8Tzmrq7X33YpKXFqWKxYFF2o1OAzmlXEBlICikEab6niq0xmHBrNuu21Z-2B85KqZn41aJSXZJXHeomtVFR5FgjgDL0eiPuDJVDm2ubvJVKhgdauPHA45RG4XRMjLri2XPig-3D-3D |
|
No comments:
Post a Comment