Figured I'd post this to help out with the community.
I only trade options, but this thread can be used to trade the stock or ETF as well.
I don't use FA, only t/a primarily studying price action. (Channels, S/R lines... etc.)
yada yada yada....
Hopefully this can be a place where we come together and make good $ through successful charting.
I've found success, and hope to spread some of the love.
PLEASE POST AWAY. POST TRADE IDEAS, CHART SET UPS. ETC.
We will start it right off....
Past few weeks I've been primarily focused on SLV, but now that it's withering away, I moved focus to AAPL about mid-week.
I know this is late and won't help anyone, but this is what you can expect to see from this thread.
We will start with WED AAPL chart, squeezed lower, looking to break down big time.
Thursday chart, broke below, buyers tried to bring it back and attempt to hold $345. Expected. I decided to wait for Fri morning action before grabbing the 35 puts that were about to expire.
And here's the final break-down. Rode my channel downward.
Here's the AAPL may $345 PUTS I chose to bank in on.
Bought around $1 this morning, sold around $4. This shot was taken before close, but it ran higher. Decided to play it safe.
MONDAY PLAYS COMING SOMETIME THIS WEEKEND.
FEEL FREE TO POST ANY PLAYS YOU'RE LOOKING AT.