Aussie-scalper

Aussie-scalper Updated 

I'm only looking for cherry-picked scalp size bites with ETH.... I did this about 2 weeks ago, and looking to repeat. The ABC correction up looks likely, and projects an obvious target +3.3% up only. This also equals the previous correction UP from similar levels 2 weeks ago. Otherwise can scale in -3% lower and adjust target downwards etc

Aussie-scalper

Here is an example of a 'paper trade' that went wrong - and trying to roll the strike down; to recover loss and lose only brokerage. initial entry - June 22 Bull put spread with Sold 12.19 July 15 / buy 11.76 - for net credit $700 at around underlying of 13.00 Roll down position of options to avoid being exercised at expiry ( as European sold leg) second entry...

Aussie-scalper

This is similar concept to ORI trade, but just reversed by placing a Bear call spread ( credit)- taking advantage of time decay the last 14 days until options expiry. short 32.00 July 15 / long 33.00 July 15 - for net credit $ 610.

Aussie-scalper

There is a technical termination of C wave in textbook correction, so to be neutral to bullish seems a better than 50% chance. Using time-decay last 14 days of Bull Put spread; short 16.00 Jul 15 strike / long 15.50 Jul - for net credit payment of +$639 for 2 weeks wait.... Just needs to expire > 16.00 to be 'out of the money' for a win here.

Aussie-scalper Updated 

The intraday action shows a false break lower ( big tail ) and new low didn't last very long; Double signal buy for few days hold or more....

Aussie-scalper

I have reduced the target to only a scalp here for 60 pips ( 1:1 ratio reward/ risk) due to price action.... note : to reduce risk I often get out at much less initial risk.... I entered on 24/06 but killed at breakeven... so this is a re-entry trade

Aussie-scalper Updated 

1. alligator on dailes sleeping ( range bound market) 2. strong trend down previously on 2 hourlies - Volume POC GAP is very large between left eye and mouth; 3. Volume POC each day in white - should make pattern of "clown face frown " 4. First trigger is VPOC move up to "top of LIP ( right part of face crease) 5. Second trigger is price drops back down...

Aussie-scalper Updated 

This pattern again uses pattern / volume profile for a slight edge... 1. condition 1 : market corrects strongly then 'false break out SPIKE lower forming ' Hind-legs' of T -Rex 2. Condition 2 : there is a double top ' bear flag that fails to go down and breaks upwards instead ...but this also fails forming T-Rex body and head; The idea here is that Short trading...

Aussie-scalper

See ILU buy today - same idea

Aussie-scalper

Please see previous trade for description in related ideas

Aussie-scalper Updated 

SOmetimes find signal 'combos' that do not pass signal rules on their own....however my rationale for entering is that if get a loosely fitting on 'two signals' it adds to the conviction that the trade my have a slighly higher probability of working out...of course the risk is higher on these 'blended signal trades' so have to expect a higher failure rate and...

Aussie-scalper Updated 

This is a new strategy I'm trying to develop utilizing volume profile theories to identify reversals for swing trading in range bound markets only ( not trending)...It's firstly selected on the dailies using the Alligator as a filter for non-trending markets. If the mouth is 'closed' the Alligator is sleeping, and it's likely to be changing into a range bound...

Aussie-scalper

Looking for a reversal entry at old low at 106.60 ( a few pips above); stoploss below todays low so fairly tight. scalp only reward should be at least 1.5* risk....

Aussie-scalper Updated 

The Consumer discretionary sector is correcting in a Bull leg - it has done 'normal' correction so far in length and time; SO looking at a stronger leading stock in the sector - we have a similar action. As this places a slightly higher probability of the stock at least holding 'above' support zones below - a neutral to bullish options credit spread can take...

Aussie-scalper Updated 

This is a second entry after scratching the first turtle soup entry a few days ago.... This time it went lower to a new >21 day low yesterday, then opened above that old low of 21.07 As rallied from morning, I noticed it showed another signal on /momentum pinball because I missed that low entry due to gapping up, so I entered on the break > high first 1 hour...

Aussie-scalper Updated 

This is based on ' The Anty' strategy in which after a normal correction degree, there is at least the same or better recovery in price - a neutral to bullish strategy is bull put spread ( paid a credit) and with only 8 days until expiry benefit from time-decay at a fairly high probability scenario....it needs to close below 10.98 at expiry ( using european style...

Aussie-scalper Updated 

This is from 'Streetsmarts" ADX Gapper strategy > It gaps down below yesterdays low and then recovers... place buy stop at old low with stop below todays low. I think its fairly high risk strategy, but low risk / low probability profile is acceptable if have a compensation of reward being much larger ( eg > 2:1 ) See how it goes today. Some added comfort...

Aussie-scalper Updated 

This is a triple confirmation on strategies from Streetsmarts... 1. Holy Grail is watching ADX it should be correcting only from uptrend > 30 2. Gap below yesterday's low then reversal recovery in morning at 35.10 3. 80-20 is yesterdays range opened in upper third, and closed in lower third; today's gap down then recovery of yesterdays low, buy > 1st hour bar >...