Ok, a price chart, a position statement highlighting Delta and Theta and an options curve. What are you looking at as the most important aspects when viewing these three things? I don't really use the greeks. Are we looking for a specific relationship between the numbers? Higher numbers better than lower? How would one use a Fibonacci tool if they trade on the 5min?
OK -- enough for now. I will be back soon to post more. If you want to stop this thread then PLEASE tell me. Thanks.
@MACD My apologies, I thought you wanted some questions. Are there better questions to ask at this point?
Will give you a brilliant answer but please wait until later. If you wish you can contact me and I will even give you a one on one on Skype. NO Charge of course. Surprising as it might be, I am the real thing and I am doing this to be of help but cannot except much abuse in the process. Thanks
Sprout, my brilliant E.T. acquaintance -- Yes questions do move the thread. Just got back on as I left to take a break earlier and now back on to check all my positions some of which I hold overnight. No need to trouble about the Greeks. Particularly since your main interest is just trading on a 5 min chart and usually would not be doing longer or more complex trades. Tuesday Morning now -- lots of positions on so must adjust and trade those. Would suggest those who are seriously interested that we find out how to post live charts. E.T. may have a chatroom for that or there are other chat rooms available, If you have a solution for live posting it would be great. That eliminates the need for me to work on my trades and fulfill the obligation to post here. I could show you my Live Charts and still trade. Any suggestions? Perhaps Baron or the moderator may be able to make a suggestion as well?