Just used the DMI cross for the confirmation. See the double top, then the trend down? I looked for the small retrace in Price Action, thats...
Here is an example from my trade today using a DMI Cross for confirmation for an entry. My Exit was by a 261% fib line (not shown). [IMG]
Have not updated in a while... Been trading instead of posting. I have switch over to Commodities for a while. [IMG]
July / Nov Bean spread... ( Hit +160 Spread last week) Unfortunately the time to safely trade this has passed. Planning ahead to start the trade...
Don't forget the massive rise in Soybeans in the past 90 days. (caution now...seasonal decline is coming soon)
http://www.cmegroup.com/trading/commodities/grain-and-oilseed/wheat_product_calendar.html
Saw this today... Chrysler upgrades buyout offers for Fenton workers St. Louis Business Journal - by Kelsey Volkmann Chrysler said...
All been posted before.. http://sports.espn.go.com/mlb/news/story?id=4084962 What a scumbag....
You should use a bounce off of SMA 200 as trigger for your Swing entries on a Daily chart. This should help out on those opening gaps. For...
Price action coupled with DMI. Use price action as primary indicator, confirming with the DMI. (DMI+ and DMI- lines cross along with the ADX...
I started by trading USO Options for a while. Right now I am trading swings in the Futures market. Looking for a swinging pattern on the...
I picked up a couple USO Jan 2011 (OTJAO.X) 15 Calls last month. Going to sit on them as a speculative play, or sell some calls off of them mid...
I do this from time to time, with about a 80% success rate on keeping the credit spread premium. Other 20% closed out at breakeven price. It was...
If you are truely a "Starter Investor", selling options the way you mentioned is NOT THE RIGHT MOVE! It will kill you account very fast. All you...
Interesting. I looked at USO, examining the Gap Opening, which it usually does at the open. [IMG]
Had another day that I missed the opening, so I waited for the rebound off the lows set by the chart pattern. Followed some of the same patterns...
You can look at individual option charts on pretty near any time frame on Optionxpress's Flexcharts. [IMG]
Why on earth would you want to get into "Illiquid" options. It defeats the purpose of investing / trading. You need liquidity to be able to get...
Had a meeting this morning so I did not get to open up my trading platform until after the A B C pattern had already formed, or I would have...
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