All Time High? What To Expect This Black Friday Season! | ShadowTrader Weekend Edition 11/29/24

[@CO-ph9nv]

Loving these weekend segments, and excited to see how you incorporate the AVWAP with your option strats. Hope you are having a great weekend.

[@jefflong1069]

Valuable refresher at the 17:00 mark. Peter explains why to sell puts at the $930 area. Great information, thank you!

[@moviegoer1000]

Excellent information Peter. Thank you

[@FadeDance]

You're really getting this dialed in. These review/idea sessions add a lot of value.

[@bjkrup]

Really been digging the show, thanks Peter.

[@malekospin]

Great ideas! More economic content adds a lot. Also, I'm interested in learning how you use the VWAP.

[@steveyoung5439]

I'm appreciative of his FREE content

[@Nobody-rkm]

Thank you. Technical analysis at it’s best

[@KarenVemuri-s7q]

Thanks for the analysis! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

[@TheGreeneggsandkam]

NVDA starting to look like H&S if lower high confirms, selling credit may make sense

[@kishormistry2581]

Excellent as always!!

[@Kbailey4JC]

Excellent as always. Thank you!

[@XLucero1]

I like the supply and demand tidbit @6:00 in. Great stuff man. Thank you. 🙏

[@raisingbengals]

Thanks as always Peter! 🍀

[@PvtMadness]

Very helpful, thank you for sharing so freely.

[@donnie678900]

I believe Costco has its sales report on 12/4 which could move the stock

[@barnabashd6723]

Great educational content! Thanks Peter

[@nicowindsurfgodard]

Peter would be such a good hitman it's not enven funny....( good job once again) cheers😂

[@wmbrice]

Very helpful content, Peter, thank you!

[@ferdimemelli3858]

Show is good as it is, very informative. I understand selling credit at support for safety, but when and how would you sell credit deep ITM? Obviously if you’re bullish or bearish, but what would guide strike selection, and preference over a vertical or a long?

[@therealshadowtrader]

I think same thing, just look for the inflection points on the charts.

[@PBL19999]

13:44 Wondering why trade a basket of names instead of just the sector etf ticker? Is this always Peter's approach or just in this particular situation?

[@perficete1000]

Peter, you are a poet 🙂‍↔️

[@shalombard4275]

TY:) Awosome episode.🥰

[@WAMTRADER]

Good stuff Peter as always.

[@JDdollars]

Thank u sensei

[@alexzagar5505]

I am your new subscriber....THANK YOU But price of COST alot higher from AVWAP line for last 2 years... You are OK with this? From what day you starting to calcukate AVWAP you use? Point I starting my AV WAP is from JAnuary 1, 2022. But I am not sure it its right. Please explain this. THANK YOU

[@therealshadowtrader]

Yes, that is going way too far back. You can see in the video that the start point is much more recent. I am not sure of the efficacy of AVWAP going that far back.

[@gayraw]

great vid

[@jayharrison3661]

Thanks. Q do you still think 'h' pattern is always hellish for shorts?

[@powerfuloptions]

Second leg is almost always a sharp reversal. So it is a good opportunity to go from long to short or short to long. The h can be upside down too. Long move up, retrace 1/2 to 3/4 and then impulse move higher, on the large candles on the up move you want to be taking reverse IF you have a technical resistance level above OR a liquidity zone. Same like for a normal h where the first leg goes down, terrace 1/2 to 3/4 of the distance of first leg, then impulse drop to a technical level with long candles eating through the stop loses before reversal to upside (h patterns form w patterns). The impulse move is typically a FOMO move. They want to bring in novice money to sell to and then reposition themselves lower. Or take out the stop losses and get a good entry. They have buy orders sitting below typically, that's why we say look for retracement to a technical area.

[@therealshadowtrader]

In the markets there is never any "always" but yes, I find it to be that way most of the time given proper context.

[@powerfuloptions]

@@therealshadowtrader agreed.

[@Nobody-rkm]

I am in UK, we don’t have any platform that offers option trading. Do you have stock trading in your advisory subscription

[@zeeshanpervez9560]

You can do on IBKR and tasty trades

[@bt4dapeople]

Pretty sure you do as ive been looking at living in Europe and still trading and UK is the only 1 that supports RH

[@therealshadowtrader]

Absolutely, the Live Trading Suite Stocks and Options Room. A number of mods there do only stocks.

[@cubicleinvesting]

As always, no mention of the Russell 2000 (RUT). I don't get it.

[@therealshadowtrader]

I don't trade it. It's a constant back and forth and there is very little "setup" usually. And when it is, you just get retracement back to where it started.

[@TT3TT3]

Thanks

[@kierbaudy]

I am grateful for Peter’s info. If you want more, then you can subscribe.

[@gayraw]

TLT every once in while would be nice.....,maybe when 10 year un innverts

[@sergiocay2k]

I think not every December was bullish. I think January is more often to be bullish

[@spankingthemonkey111]

Obviously no month is always Bullish but December is usually more bullish than January so you statement has no historical backing. Sorry.

[@bt4dapeople]

Wow, your logic makes perfect sense. Thanks for sharing

[@cachi-7878]

It’s clear by now that Peter is not going to divulge anymore Market Profile insights.

[@therealshadowtrader]

I do them every morning in the Peter's Premarket Perspective. TBH, they don't play well on the screen in white (and I can't do them in black due to glare) and the TPO's are quite small so again it doesn't show well on the big screen. But, feel free to email me if there is some MP content you want me to do and I can figure it out.

[@guyredares]

even on weeks that nothing whatsoever happened in the market, he can talk for half an hour

[@therealshadowtrader]

I was voted most talkative in my high school class.

[@cal4865]

$AVAV $INTU

[@tjadd5454]

Thanks