I was looking to short
AAPL for a scalp by buying puts. I bought 5 435 weekly puts at the time shown by the red arrows.
Watching the MACD slope for a change in sign alerts that a reversal might be coming. A 5 min chart works well for fast-moving stocks, while 7 or 10 minutes will give fewer false alarms. In this case it WAS a false alarm, but there was another reversal with the same signals a few minutes later, so I averaged down at the second reversal candle at 4.33.
Decision points on the way:
- MACD crossover is stronger confirmation of the signal. In this case I sold my average down position just after the crossover, leaving my original buy intact, and having a much lower average entry price.
- Another change in the slope of the MACD. I exited the first trade just after this event, and locked in 12% total profits in 1 hour.
Having a high RSI and MFI increases the odds of the play working.
Watching the MACD slope for a change in sign alerts that a reversal might be coming. A 5 min chart works well for fast-moving stocks, while 7 or 10 minutes will give fewer false alarms. In this case it WAS a false alarm, but there was another reversal with the same signals a few minutes later, so I averaged down at the second reversal candle at 4.33.
Decision points on the way:
- MACD crossover is stronger confirmation of the signal. In this case I sold my average down position just after the crossover, leaving my original buy intact, and having a much lower average entry price.
- Another change in the slope of the MACD. I exited the first trade just after this event, and locked in 12% total profits in 1 hour.
Having a high RSI and MFI increases the odds of the play working.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
