E chart variation

I misunderstood the E chart setup and developed a signal based on the E21 and E10 both crossing at the same time. I have used this signal for about a month, trading once each day, and have had just one losing trade. Lately, I have implemented the crossing of the 5 and 10 on the 10 as an exit strategy.

Here is today's signal on AMZN. Seems like the E signal is a powerful tool that can be successfully used in many variations.

You are correct. I traded AMZN today also. I traded this months options. I had an excellent profit.

I am so happy the "E" chart is helping people. S/O traded VZ and LNKD. S/O profit above 100%. I traded Z and it is beginning to flaten (12:42). Leaving trade now.

Just got a signal to short CMG at 12:40 est. Showing this as possible forcasting although I don't play these signals mid-day Entry price would be $420.27 (price at close of candle)

I usually play weekly options and mostly out of the money, looking for a .20 - .50 move on the option.





Edited 2 time(s). Last edit at 09/20/2013 01:40PM by mtut.

At 15:58 CMG is $415.02 for a $5.00 move





Edited 1 time(s). Last edit at 09/20/2013 03:15PM by mtut.

For those of you who've taken RTP, you'll recognize that the entry point for CMG was on 9/16 @ 9:40am (using big charts to locate the trade) for a multi-day play.