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Option

USDJPY Session Pivots, Option Levels, Entry signal More chances for a bullish continuation, what is confirmed by a recent multi time frame price action research, and important level zones Due to that, as I'm not showing here a limit entries for trading (knowiing where to place limit orders wil make your trading at least 30% more profitable, and much less risky), stop entry signals that can be used are: Buy stop: 107.006 Stop Loss: 106.525 1st target: 107.247 Reviewing the most recent PA factors 1H bullish Pattern 1M Bearish Pattern Knowing the patterns of a higher time frame is very important. Sometimes they can conflict one to another, but it gives us the information of the possible correctional moves, or a start of a new direction, so basically, every time when conflict exists, you must examine a chart whether it is a correctional pattern appearence or a new direction, shall you close the existing trade or open the new one, does it give you a new oportunity or shall you wait, and also rememver, that when the monthly pattern appeared, it means that it is valid till the current month is closed, as by the price action rules, the pattern is clear only at the close of the candle or a bar. We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation: 4H WR4 4H WR7 1D NR4 1D NR7 Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade: Option level Higher then the last month high is 111.111 Option level Higher then the last week high is 107.924 Option level Higher then the last day high is 107.474 Option level lower then the last day low is 106.383 Option level lower then the last week low is 106.124 Option level lower then the last month low is 106.124 Also a session (current session only) pivots: r3 107.809 r2 107.513 r1 107.218 p 106.886 s1 106.591 s2 106.259 s3 105.964 I really hope that sharing of my routine with you, will help you in your trading. Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading. Sincerely Arturs Jermolickis arthur@marenno.com skype: marenno.business
Long
by Marenno
2
Change buy from neutral as strong support was found on trendlinePro Long: - Trend line provided massive support (dark red line) - High volume at support and during the rally - future spreads very strong (N16-U16 turned into backwardation) - If we close positive today 7 MA will cross 20 MA generating buy signal Contra Long: - running into resistance on middle Bollinger Band (20 day MA) I sold the 2900 puts last week as a sideways prediction was put in place and will keep that position and add once I see a pull back into the lower trend line
CLong
by mjhillpp
VIX - Attention Options TradersIf you trade options like me, then you will take a very close look at the VIX. So here we are, at the Lower Medianline Paralle of the black downsloping Fork. What does this mean? It means, that the VIX has pulled back to equlibrium - to a energy zone of equal, where all is possible again. Most of the time we can see price turns at the L-MLH in the opposite direction, since the energy (price) is now at a stage of the opposite extreme, and/or at the center of the upcomming other extreme... ...can follow? ;-) No problem if you can't. All what it means is, that we Option Sellers are probably looking for strategies, where we more then not use strategies to buy, instead of selling options. For example some RiskReversals etc. Let's see how this unfolds in the upcomming days and weeks. P!
CBOE:VXXLong
by Tr8dingN3rd
1
Option IncomeOptions are a fantastic tool to create the weekly and/or monthly income that we need to support our lifestyle. Selling options is selling a financial insurance product. As the seller we are also the underwriter of the policy. When selling an option contract only one of two possible outcomes can happen...either you will get assigned the underlying asset at the strike price (coverage policy) or you will not. Either way you keep the premium income as profit. In this way we can sell a put option to acquire the asset with the intent of getting assigned and then we can sell a call option at an acceptable profit target. Always be selling! The weekly income trade can be found at tetrapro.wordpress.com A picture is worth a thousand words.... Please trade responsibly.
BATS:UVXY
by caputo.philip
Option IncomeOptions are a fantastic tool to create the weekly and/or monthly income that we need to support our lifestyle. Selling options is selling a financial insurance product. As the seller we are also the underwriter of the policy. When selling an option contract only one of two possible outcomes can happen...either you will get assigned the underlying asset at the strike price (coverage policy) or you will not. Either way you keep the premium income as profit. In this way we can sell a put option to acquire the asset with the intent of getting assigned and then we can sell a call option at an acceptable profit target. Always be selling! The weekly income trade can be found at tetrapro.wordpress.com A picture is worth a thousand words.... Please trade responsibly.
BATS:UVXY
by caputo.philip
Option IncomeSelling options for income is one of the best conservative ways to increase returns. When I sell an option contract, I am selling a financial insurance product to the market. I am acting as the underwriter of the policy. For this particular market, I am selling the policy with the coverage at a strong support level. Please keep in mind that this market is based off of the fear index or the VIX. There will always be some level of uncertainty in the market. For this reason I sell put options for income. In the event that we get assigned, we have an asset set to be elevated with the uncertainty of the S&P500 index. Furthermore, once we get the underlying asset we can simply sell a call option at some acceptable profit target and continue to generate consistent weekly and monthly cash flow. A picture is worth a thousand words... Please trade responsibly.
CBOE:UVXY
by caputo.philip
2