Aussie-scalper

Aussie-scalper

In this environment looking for slow and steady wins the race type of higher probability 'income'. 1. looking for neutral to bullish action over the next 20 trading days 2. buy signal on 'TURTLE SOUP plus one' - recovery from new 20 day low, with reversal bullish. 3. Found 0.10 net credit premium on 17.51 European put option with 17.00 American put protection *...

Aussie-scalper Updated 

This is 'The Anty" signal - looking for a new up-trending slow line on modified Stochastic, followed by an oversold on fast line, looking for a little hook upwards, confirmed by breaking previous daily high. If breaks it, I will hold for 80-100 pips. Tight stop below most recent low.

Aussie-scalper Updated 

see linked trade

Aussie-scalper Updated 

Looks like its bullish run may need some consolidation, anticipating due to daily candle reversal after GAP to new high failed and old high penetrated. I may hold this fora week if follows through... tight stop loss above recent high...this seems like a lower probability, but also low risk trade.

Aussie-scalper Updated 

After a poor start to the bear spike lower than previous 20 day high, I waited for a pull back in 5 waves on the 1 hourly chart, and then an hourly penetration of the old high before entering a day later. Hoping it will see some follow through for a 95 pip scalp the second time.

Aussie-scalper

I see some upside potential in DASH, due to the following signals: 1. Momentum Pinball shows very oversold levels, which historically has led to a good sharp rally 2. The ANTY is triggered today on a break of yesterday's highs. 3. The 1 hourly chart shows a clear spike on opening bar for the week, and volume interest is Higher than average. strategy: 4. I...

Aussie-scalper Updated 

I think with the slightly over-cooked sell-off into an area with high volume trading activity should be price stabilize. This is a strong company with good projected income potential over the next few years. If I was forced to buy it via exercised then I could live with that. In the meantime - I can pick up a credit at close to 'at-the money' and see what...

Aussie-scalper Updated 

I think the financial sector has topped out for now and with a potential leg C in an ABC correction, I could have 3 weeks of this price remaining under the sold portion @ 124 strike ( european) 10 ( 1000 shares) bear credit spread strikes -124 / +126 yields a tidy $780 before costs for 3 weeks time until 15 July.....

Aussie-scalper Updated 

This is signaled by The Anty - a modified stochastic showing oversold on swing trade for a few days rally; It is also a Turtle soup signal as new 20 day low, but failed bear breakout with confirmed reversal on daily chart.

Aussie-scalper Updated 

This is a new 20 day low failure of breakout - with a confirmed reversal on daily chart ( high of yesterday broken) to upside. Obviously risky as counter-trend, but high risk is compensated by tight stoploss -77 pips for +225 projection and volume point of control line target. Also equals last rally on dailies.... ( Double drive theory).

Aussie-scalper

technical reasons - there seems to be a recover in price by rallying past previous low, and after completing corrective legs fundamental - Goldman Sachs have a BUY rating with target of $14.95 over 12 months ( +37%) good probability of this credit spread- with 5 weeks until expiry there is 'time-decay' on side ...

Aussie-scalper Updated 

1.Seeing to take advantage of a failed breakout on a new 20 day low, the next day reversal ( plus 1). 2. There is a 'modified' ANTY signal - taking advantage of wave function 'oversold' levels' in a corrective technical action 3. modified ' momentum pinball, as not quite reached 20 line but again at levels where up cycle occurs - looking for 2-4 days only swing trade

Aussie-scalper Updated 

The ANty signal- from StreetSmarts ' Also technically; 1. A double top; 2. a double drive up corrective termination 3. The Anty shows a mdified Stochastic function with oversold fast line, and slow line sloping downwards taking advantage of some wave swing up & down... 4. holding time 2-4 days only for swing trade down...

Aussie-scalper Updated 

OSH - seems to be well placed for accumulation; I'm just looking for a better entry price...the energy sector chart indicates some scope for further C leg downside correction. So waiting for OSH to test recent low. I figure the following entry technique: 1. in about 1-2 weeks if corrects lower to about 3.00 sell a bull credit/put spread Aug ( I'm looking at 3000...

Aussie-scalper Updated 

see ANTY strategy, basically modified Stochastic overbought signal, looking for 2-4 days corection only based on methods swing trades for STREETSMARTS

Aussie-scalper Updated 

With the ANTY set up - oversold on modified Stochastic, and new up sloping slow line, possible buystop entry if breaks above Friday's high. Expect a 'pop' with short covering of at least 90 pips... stoploss below recent low -65 pips. This potentially could form a 2nd higher low on daily charts, which ceases to be strongly bearish and attracts buyers. OIL...

Aussie-scalper

Options trade - Bull Put Spread technical - seems like a two legged correction in a weak bullish trend of equal amounts has indicated a pause in price ; The at the money put at 16.50 is sold for credit for Aug 20th expirey; The out of money put at 15.50 is bought for debit net credit $1000 scenarios - 1. If > 16.50 at expires keep money 2. if between 15.50 &...

Aussie-scalper Updated 

1. Firstly on dailies - "alligators in asleep" on Bill williams indicator 2. The " Casper" - something I came up with, this is my first live trade with this strategy.... - based on daily volume profiles ( see what VPOC) which shows dominant volume / price for days - when these spikes ( in white) make a certain ' pattern' on the 2 hourlies, I am finding them...