The Trendalorian Trade
The Trendalorian is a volume tool that I use in my day trading setups as another layer to confirm volume. So many traders make the mistake of not looking at all the angles of volume.
Today’s trade talks about a 68-point move that gave us a $3,400 profit on each contract.
I used the S&P e-mini contracts because that’s my personal preference. This same strategy can be used to trade SPY and SPX options. Regardless of what you trade, options, futures or stocks the strategy is the same.