KO
koolblue
Rep: 48,651
Posts: 16,032
wow, i dont know how you guys can trade this pit open volitility cause i sure cant.
CH
CharterJoe
Rep: 4,475
Posts: 2,352
wsj13,
That is a problem. Maybe you should look at longer term intra-day charts, I use 30 min to give set-ups then watch 1-min, and 144 tick for entries/exits and try to ride it on the 30 min chart and/or monthly market profile (for day trading, the monthly MP is the best thing I have seen.)
That is a problem. Maybe you should look at longer term intra-day charts, I use 30 min to give set-ups then watch 1-min, and 144 tick for entries/exits and try to ride it on the 30 min chart and/or monthly market profile (for day trading, the monthly MP is the best thing I have seen.)
WS
wsjalerts13
Rep: 110
Posts: 131
Joe,
Can i bother with you a question as i see your option calls are excellent. What strategy you use to get entry/exit points for options trading?
Thanks.
Can i bother with you a question as i see your option calls are excellent. What strategy you use to get entry/exit points for options trading?
Thanks.
CH
CharterJoe
Rep: 4,475
Posts: 2,352
counter trend weekly, monthly Market Profile i.e. DVAH DVAL, and 30 min Chart with some special RSI settings. Thanks for the compliment, I was going to buy puts yesterday but I waited to long cause I was in a trade, and before I knew it it was 4:03 and its best to do it at the close because the majority of the time the market changes trend short term in the overnight, which will effect options greater.