Dynamike: > 1. .... what's the best way you have found to determine the best entry and exit times. I've noticed some of your entries are before 10am, some after, and some exits are quick and some exits are not till the afternoon, etc. > > 2. Do you only enter trades when your ADX line and Money Flow line are both moving/pointing in the same direction? > S/O and I enter a tradby Darcy2 - Trading Discussion
funkho How are you determining momentum upward when the stock gapped down at the open? There are several factors needed to determine the real direction of a stock on the open IMHO. 1) Look at the candle open for NFLX on the 55,34,21,10,8,5, and 3. Clearly a strong up happening thus a strong momentum up. 2) Look at the money flow on the 9:40 candle on the 10 chart a strong momentum up.by Darcy2 - Trading Discussion
TCB... We (S/O and I) are so happy for you! Great work and there is nothing wrong with a brick at a time. I have seen many days while learning and learning I was happy with any sort of profit. Today S/O and I traded NFLX. In at 10:17 bought 7 Out of the money Feb 435 Calls for 7.50 sold @ 10:46 for 11.45. With the House of Cards coming out soon...the weather and CMCSA deal we just believedby Darcy2 - Trading Discussion
You are geting it! I am so happy for you! Traded AMZN yesterday because the signals were there. Bought out of the money 6 FEB 355 Puts @ 949 for 5.35 sold @ 11:02 for 11.60. Then bought LNKD @ 11:12... 5 FEB Puts for 6.05 and sold @ 2:17 for 9.90.by Darcy2 - Trading Discussion
I added this incase you might have missed it... "We record when (time) we bought and the ask and bid AND the price of the stock. We copied off GW's itemized papers at the end of his training manual...or Chart book. Now we use our own. Use your excel to make a form if you have to. We use it on every single trade we do. Our paper has 10 columns and they are boxed off to make 21 linesby Darcy2 - Trading Discussion
All the E chart is...is moving averages along with money flow along with even a better possible trade using GW's FP, HRFP along with ADX to show the stength of the trend. S/O looks in the morning at stocks that are REALLY moving not something that is up 50 or 60 cents at the open. You won't get a good reading on SHORT CHARTS with that sort of move. Those moves are better traded off LONGERby Darcy2 - Trading Discussion
Before I used this method I won some and lost some and then lost a basket here and there but with the method I have now nope I haven't lost any trades. Not one loss in 2013. Not one last year. None so far this year. I do trade with my S/O which helped my fear because well he is a gunslinger. He hasn't lost any trades either since 2013...and none this year. He and I trade about 2-3 times a week. Iby Darcy2 - Trading Discussion
funkho Wrote: ------------------------------------------------------- I entered SPY calls on 1/31/2014 at around > 2PM based on hourly HRFP, the continued support of > the SPY on the daily 100, and finally, the FIRST > OF THE MONTH... I was looking to ride this trade > back up to the hourly 200. > > I do not trade anything close to how you trade but when I look atby Darcy2 - Trading Discussion
We watched the 55 chart. When the candle on the 55 didn't hit the center on the BB we began to believe the trade was slowing. We exited when we believed we wrung all we could out of the trade. Go back and research candles as they hit the BB. It appears as though those that hit dead center of the BB can ride for a while. When they stop hitting dead center is when S/O and I look for a change inby Darcy2 - Trading Discussion
Good 4 u TCB! S/O and I trade NFLX. We jumped on it @ 9:56. We had all signals on all the charts we look at. We had HRFP on 55, 34 and 21 with E on the 55, 34, 21 and the 10,8,5 and 3. We love it when we see signals like that because we know we are in for a great trade. We remained in the trade until 2:11. We bought 5 (each) Feb 420Calls @ $10.70 and sold them for $16.45. Whne thby Darcy2 - Trading Discussion
cheetah, The trades were made off the E signal only. We use the ADX as always and money flow. We did not use a FP/HRFP. We believed that since the market has been so jerky (up one day down the next) FP's or HRFP's just wouldn't happen as much at least not until we get some movement in the market in the same direction. So we had been watching these stocks and noticed that the E signal stillby Darcy2 - Trading Discussion
Start small. Go to your county clerk and get a DBA...Doing Business as. Get you name of your company set. Get a separate checking account and use a ledger to keep records of profits and losses and expenses.. As you get better talk with an accountant and see which is the best way to set up your company...as an LLC or S corporation. Keep a record of your profit and losses. I use a 13 column ledby Darcy2 - Trading Discussion
You know it isn't so bad when you are right but when someone comes along and shows you were wrong you get a little So it goes with my S/O.... I was fed up with WYNN and how the option was jerked around so out it went from my basket. But NO not S/O. He had to leave it in and rub my nose in his trade today! He bought wyNN @ 10:29 ... 6 out of the money 210 Feb Puts for 6.15. E only signaby Darcy2 - Trading Discussion
Stock will split 2/1...but as you read this article it reminds me of the POT split.by Darcy2 - Trading Discussion
Rumor says GOOG may split 2 for 1. Could be the Market Maker is trying to keep the price where he wants it in case of a split announcement. Have you heard anything about the split?by Darcy2 - Trading Discussion
I had answered your question before and then deleted it after I posted it. Two minds following the same thought...by Darcy2 - Trading Discussion
If I were to have traded QIHU using the charts S/O and I use...I would have bought on 1/27 around 14:10 and since you held overnight I did the same looking at the chart and would have exited @ 1:30 on 1/28. Hind sight is so much easier than the real time! I was looking for why you got into this trade? The sideways move would have kept me out. Looking at my 10 E chart I wouldn't have enterby Darcy2 - Trading Discussion
Traildoc Wrote: ------------------------------------------------------- > Darcy, looks like most of that move occurred at > the open. What led u to believe there was more in > it at 12:30 when u entered. Just curious as to > your thought process. Personally I would have been > scared to get in that late after that large rise > early. well I saw your post first beforeby Darcy2 - Trading Discussion
I knew that MA would move after the split. Which way depended all on how the moving averages broke down. When those itsy bitsy candles started to show up on the 55 I knew...just knew that some folks were cashing in on the 10 for 1 split. I expected some sell off when MA split. Why? If a person had 70 shares before the split they would have 700 after it split. It only made sense to sell off sby Darcy2 - Trading Discussion
My reply was not addressing you (BCT) but those who find in necessary to dis what others have found to be the best method for them. So please don't take my statement as if it was directed to you. It was not. I am not a fan of negative waves.by Darcy2 - Trading Discussion
robert, You are welcome!by Darcy2 - Trading Discussion
So MA split. So I bought yesterday when I saw MA going down and held over night. Gotta leave my computer and assist one of my employees who is stuck with a problem. So I sold a few minutes ago...BTW.... Thank you GW. Looking forward to Feb to get out of this Jan mess! MASTERCARD 01/24/2014 O STC MA JanWk4 82.75 Put 5 $1.80 $14.95 $884.85 01/23/2014 O BTO MA JanWk4 82.75 Put 5 $0.55 $14.95by Darcy2 - Trading Discussion
Yes but watch the entry. Enter the trade off 8 chart 10:10 end of pull back.. exit @ 10:34 (8 chart) 10:40 on 10 chart with white candle on BB. Stock move $2.00.by Darcy2 - Trading Discussion
NFLX is earnings related. You need to watch the money flow and 21 chart. It might be a peak play then again it could go sideways. Seeking Alpha says it will drop like a rock but never take anything like that as 100%. Worth watching but don't move till you see the whites of their eyes! *ADD. Looked at my daily chart and move p was the space of a gap and a half. Now I am wondering will it move uby Darcy2 - Trading Discussion
Traildoc, RT...It does look as if the market maker holds this stock really tight to the chest. The Ask and Bid has been well let's say a little whack-o. I am glad I am out and intend to remove WYNN from my basket never to dark in that door again. I do not like how the options move at all! ADD: Well shoot had I remained in the trade I would have made 4 grand!!! But as I said I did not likeby Darcy2 - Trading Discussion
I really had a hard time reading WYNN. My Daily had WYNN up 30 candles but I was so sure WYNN was going to fall. So yesterday I bought 2 different stike prices. I sold just a while ago. WYNN RESORTS 01/22/2014 O STC WYNN Feb14 210 Put 4 $9.05 $14.95 $3,604.84 01/21/2014 O BTO WYNN Feb14 210 Put 4 $6.95 $14.95 ($2,795.09) 809.75 01/22/2014 O STC WYNN Feb14 220 Put 2 $15.90 $14.95 $3,164.9by Darcy2 - Trading Discussion
S/O had this problem and spent all day...ALL DAY on the phine with TOS correcting the problem they had him save some files then uninstall and reinstall. Everything is fine today.by Darcy2 - Trading Discussion
I had a PM... I was asked how I manage to write down 15 different stocks in less than 3 minutes... I have made a form that S/O and I use. I used excel and made 4 columns and I have these stocks already written down in this form. I leave several blank spaces in case there is something we want to add that day. I have printed off these charts and we used them over and over erasing what we hby Darcy2 - Trading Discussion
BCT I always appreciate your insite...Always!by Darcy2 - Trading Discussion