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Weekly Option Trader


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Weekly Option Trader

  #51 (permalink)
Gisfor
chicago il USA
 
Posts: 19 since Apr 2012
Thanks Given: 9
Thanks Received: 11

same here....i use the combined to screen/scan weeklys then right click and maximize chart to see each individual ticker

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Can you help answer these questions
from other members on NexusFi?
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NT7 Indicator Script Troubleshooting - Camarilla Pivots
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Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
 
  #52 (permalink)
Gisfor
chicago il USA
 
Posts: 19 since Apr 2012
Thanks Given: 9
Thanks Received: 11

Vik have you tried range trade instead of tick charts?
Always looking to make friends with people where we both benefit from ideas.....

Anyhow just sharing with you my range chart for pcln weekly option......

GL

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  #53 (permalink)
 
Vikings1's Avatar
 Vikings1 
Minneapolis, MN, USA
 
Experience: Master
Platform: ninjatrader, TOS
Trading: Weekly Options
Posts: 188 since Sep 2011
Thanks Given: 26
Thanks Received: 418



Gisfor View Post
same here....i use the combined to screen/scan weeklys then right click and maximize chart to see each individual ticker

I only trade what I have posted, nothing more as there is NO need to, IMO. I wait for these stocks to come to me, it keeps me focused, and calm. There were several doublers and one triple day with just these 6 stocks. It happens nearly everyday and many multiple times a week.

No need to find the next so-called "HOT" stock, no fundementals needing to be done, just turn on the computer, and get ready for these stocks to come to me.

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  #54 (permalink)
Gisfor
chicago il USA
 
Posts: 19 since Apr 2012
Thanks Given: 9
Thanks Received: 11

same here Vik.......
dont listen to news ...except economic ....FOMC.....lol
i am strictly a technical trader......
IMO everything i need to know is in the charts......

I just was throwing out some ideas.......
didnt want to say what indicators i use on a public forum also.......
due to the fact how many years i have also spent creating my system.....

GL in trading Vik........

  #55 (permalink)
 
Vikings1's Avatar
 Vikings1 
Minneapolis, MN, USA
 
Experience: Master
Platform: ninjatrader, TOS
Trading: Weekly Options
Posts: 188 since Sep 2011
Thanks Given: 26
Thanks Received: 418


Gisfor View Post
Vik have you tried range trade instead of tick charts?
Always looking to make friends with people where we both benefit from ideas.....

Anyhow just sharing with you my range chart for pcln weekly option......

GL

I did watch the range charts last week with my set-ups. At first it looked very appealing, but after what I saw a couple times last week I decied I rather stick with the "tick". There were several times where "multiple" range bars, up to 6 posted range bars, being completed erased. Not interested in a system that potentially erases "posted" bars....I could see one or two, but 6??

They do look appealing, but after witnessing that event last week, not for me....

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  #56 (permalink)
Gisfor
chicago il USA
 
Posts: 19 since Apr 2012
Thanks Given: 9
Thanks Received: 11

Yep same problem .......
i see the spikes and drops......
my work around is......

i have a call loaded up in #2 and a put loaded up in #3
when i see the goofy stuff......
i switch the chart numbers to correct......3 - 2 and 2 - 3

i have talked to several friends about it and they dont have a clue either as to why TOS does that.....

  #57 (permalink)
 
Vikings1's Avatar
 Vikings1 
Minneapolis, MN, USA
 
Experience: Master
Platform: ninjatrader, TOS
Trading: Weekly Options
Posts: 188 since Sep 2011
Thanks Given: 26
Thanks Received: 418


Gisfor View Post
Vik have you tried range trade instead of tick charts?
Always looking to make friends with people where we both benefit from ideas.....

Anyhow just sharing with you my range chart for pcln weekly option......

GL

How my PCLN 770 call chart looks....


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  #58 (permalink)
Gisfor
chicago il USA
 
Posts: 19 since Apr 2012
Thanks Given: 9
Thanks Received: 11

thanks for the chart post......

yea i chart all options with my indicators and of course go long.....be it a call or put......
i also use 3 and 5 min charts.....

not suggesting u change anything.....
have you ever used KARI RSI?

again just sharing........

of course this is all after the fact .......
what i am showing.....

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  #59 (permalink)
Gisfor
chicago il USA
 
Posts: 19 since Apr 2012
Thanks Given: 9
Thanks Received: 11

K Vik.....
good chatting with ya....

I will definitely watch ticks and range side by side.....

take care .....

GL in trading

  #60 (permalink)
 
Vikings1's Avatar
 Vikings1 
Minneapolis, MN, USA
 
Experience: Master
Platform: ninjatrader, TOS
Trading: Weekly Options
Posts: 188 since Sep 2011
Thanks Given: 26
Thanks Received: 418



Gisfor View Post
thanks for the chart post......

yea i chart all options with my indicators and of course go long.....be it a call or put......
i also use 3 and 5 min charts.....

not suggesting u change anything.....
have you ever used KARI RSI?

again just sharing........

of course this is all after the fact .......
what i am showing.....


Gisfor,

Actually never have even heard of the Kari RSI, but I really like the LaquerreRSI.

I will check it out though.

Thanks...

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Last Updated on December 18, 2012


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