| StockFetcher Forums · Filter Exchange · Simple filter for long term option trades | << 1 2 3 4 >>Post Follow-up |
| Cheese 1,374 posts msg #146566 - Ignore Cheese |
2/14/2019 11:09:29 AM |
| Cheese 1,374 posts msg #146567 - Ignore Cheese |
2/14/2019 11:13:07 AM |
| dtatu 143 posts msg #146568 - Ignore dtatu |
2/14/2019 11:32:28 AM Thanks for taking the time to explain. *I trade only options. |
| Mactheriverrat 3,153 posts msg #146569 - Ignore Mactheriverrat |
2/14/2019 12:14:31 PM Interesting! |
| snappyfrog 721 posts msg #146576 - Ignore snappyfrog |
2/14/2019 3:33:21 PM Thanks Cheese. I like using the blue bars. Much easier visual for looking at multiple charts. |
| Cheese 1,374 posts msg #146577 - Ignore Cheese |
2/14/2019 3:51:07 PM You are welcome, snappy, and THANK YOU for the ideas, |
| snappyfrog 721 posts msg #146578 - Ignore snappyfrog modified |
2/14/2019 3:56:50 PM This is how I use it when day trading SPY. I use the cross of the 20 line or 80 line depending on calls or puts. I bought this morning, but not this afternoon - I don't like holding SPY overnight.  |
| Cheese 1,374 posts msg #146579 - Ignore Cheese |
2/14/2019 4:42:23 PM Thanks for the day trading pic, snappy. The shape of your Stoch chart follows prices so closely. |
| snappyfrog 721 posts msg #146845 - Ignore snappyfrog modified |
3/8/2019 8:53:46 PM Here is a follow up of how I use this filter. This afternoon I bought puts on USO. The Stochastic(40,40,4) gave me a buy on the fast (blue) line crossing the slow (red) line. I also use Heikin Ashi candles as a secondary confirmation. The chart on the right is HA candles and giving me a pretty strong downward (red) candle. Both of these together makes me pretty sure of a safe trade. I will give an update when I get out of this trade - good or bad. Edit: I only day trade SPY. This is a longer trade, thus I am using daily candles on a 1 month chart to buy and sell.  |
| graftonian 1,089 posts msg #146850 - Ignore graftonian |
3/9/2019 6:42:38 PM I am just now getting my feet wet in the options swamp, and have only traded iron condors. So a few questions. 1) How far out (days till expiration) are the options you trade? 2) Do you trade ATM options? Thanx |
| StockFetcher Forums · Filter Exchange · Simple filter for long term option trades | << 1 2 3 4 >>Post Follow-up |