Evaluate this strategy

Discussion in 'Trading' started by IndexSwing, May 15, 2008.

  1. Long NDX call options when (5min chart of NDX):

    1) MACD above zero and above signal

    2) Price above upward slanting 20 EMA

    Long Put options when there is the inverse condition.

    10% stop
    20-50% profit objective
    Interday only.