Unlocking the Power of Go No Go Charts: A Game Changer for Today’s SPY Trade

Unlocking the Power of Go No Go Charts: A Game Changer for Today’s SPY Trade

Aug 1, 2024

Hello everyone, Barrie Einarson here from Trade Ideas with today’s edition of “What Makes This Trade Great.” Today, we’re diving into something very different and exciting. To Subscribe: https://go.trade-ideas.com/SHQ
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First things first, let me get rid of those sound alerts on Trade Ideas.

Today, I want to introduce you to our Go No Go charts. This is a $50 a month add-on, licensed from the brilliant minds who created these charts. Let me show you what it can do.

Now, what I’m about to show you is an extreme case. If you’ve been following the SPY today, you know it had a nice pop in pre-market and looked promising until around 10 o’clock when some economic numbers came out. This scenario perfectly illustrates the principle behind Go No Go.

When you see a transition from orange to pink and then from pink to red, that’s your signal to potentially go short. Look at what could have happened if you had acted on this today with the SPY. From 5:51 AM before the pop, it got down to 5:44 AM. These are the powerful Go No Go charts in action.

If you’re subscribed to our service, head over to our channel bar, the doc channel bar, and click on the Go No Go charts. There, you’ll find an explanation, a couple of videos, and a text description about what these color transitions mean.

Personally, I’m really embracing these transitions. I love how clear the signals are for going long or short. If you had looked at this today on the SPY, it would have been an awesome trade based on that break right there. Check out my homepage for more information.

Alright, everyone, I’m heading back into the trading room. Have a great evening, and we’ll see you tomorrow!