{"id":10793,"date":"2011-04-06T17:31:45","date_gmt":"2011-04-06T21:31:45","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=10793"},"modified":"2011-04-06T17:32:00","modified_gmt":"2011-04-06T21:32:00","slug":"what-are-your-trades-in-mon-the-answers","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/what-are-your-trades-in-mon-the-answers","title":{"rendered":"What are your trades in MON? (The answers)"},"content":{"rendered":"<p>Non-experienced traders should not be trading MON during a conference call. \u00a0Experienced traders not listening to the conference call should not be trading during the conference call. \u00a0Experienced traders who do not know a great deal about MON should not be trading this during the conference call. \u00a0So this was a bit of a trick question (couldn&#8217;t fool <a href=\"http:\/\/twitter.com\/#!\/TheArmoTrader\">@thearmotrader<\/a>).<\/p>\n<p>But let&#8217;s assume there wasn&#8217;t a conference call going on. \u00a0And certainly there were trades to be made after the call ended. \u00a0What trades could be have made? \u00a0I tweeted today that gaining knowledge about a trading set up is not the same as having the skill to execute. \u00a0But the first step is to teach you the set ups that you can master.<\/p>\n<p>This is not an exhaustive list of trades that could have been made for the intraday trader in MON. \u00a0But they are the best trades that I saw. \u00a0They are the trades that you should most consider adding to your playbook.<\/p>\n<p>1. Momentum Trade: Buy above 73 and sell when it slows.<\/p>\n<p>2. Momentum Trade: Hit below 73 and cover when it slows<\/p>\n<p>3. Bearish Flag Pattern: Sell into the flag and below and hold until the intraday downtrend is broken<\/p>\n<p>4. Sell into the Upmove: Sell into the upmove near 71.50 and hold until it breaks the intraday downtrend<\/p>\n<p>Mike Bellafiore<\/p>\n<p>Author, <a href=\"http:\/\/www.amazon.com\/One-Good-Trade-Competitive-Proprietary\/dp\/0470529407\/ref=cm_rna_own_review_prod\">One Good Trade<\/a><\/p>\n<p><a href=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/mon-trade.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10792\" title=\"mon trade\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/mon-trade.png\" alt=\"\" width=\"588\" height=\"378\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/mon-trade.png 588w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2011\/04\/mon-trade-300x192.png 300w\" sizes=\"auto, (max-width: 588px) 100vw, 588px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Non-experienced traders should not be trading MON during a conference call. \u00a0Experienced traders not listening to the conference call should not be trading during the conference call. \u00a0Experienced traders who do not know a great deal about MON should not be trading this during the conference call. \u00a0So this was a bit of a trick question (couldn&#8217;t fool @thearmotrader). But &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/what-are-your-trades-in-mon-the-answers\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[1418,1113,289,4674,30,81,1193,653],"class_list":["post-10793","post","type-post","status-publish","format-standard","hentry","category-mike-bellafiore-bellas-blogs","tag-bearish-flag-pattern","tag-momentum-trading","tag-mon","tag-one-good-trade","tag-prop-trading","tag-smb-training","tag-trader-education","tag-trader-training","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What are your trades in MON? (The answers) | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/what-are-your-trades-in-mon-the-answers\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What are your trades in MON? (The answers) | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Non-experienced traders should not be trading MON during a conference call. \u00a0Experienced traders not listening to the conference call should not be trading during the conference call. \u00a0Experienced traders who do not know a great deal about MON should not be trading this during the conference call. \u00a0So this was a bit of a trick question (couldn&#8217;t fool @thearmotrader). But ... 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