No it is oriental you imbecile, Asians are Arabs, Mongolians ( like you ), Turks, Indians, Pakistanis among others . Oriental describes southeast Asia like Thailand, Philippines and neighboring countries you ignorant prick.
Walter
Those of you who use MACD did get nice divergence in. I forgot to post here but last Friday I posted Wed. noon as possible reversal time. In combination , longer term ( swing ) and intraday TA( geometry only this time ) result looks great so far. We shall se what afternoon will bring .
Walter
Cynical person inside of me is telling me that when all shorts are
covered, market powers will take us down again . I just have no faith in recovery .
Walter
It is necessary to say that my timing method is not only one I use to enter. I look for divergencies in commonly used indicators like MACD, RSI,CCI and if they occur close to previously determined " times to trade " I take a trade . I do not enter trade between 1200 and 1330 est.
Timing...
Wednesday 1200 - 1300 est is my best estimate right now. I personally think that reversal will come earlier that day but I am posting what TA is telling me .Best strategy would be to strangle it with long options, if it gets choppy we may see stops on both sides taken away.
Walter
If you , who are using ADX , could be more specific on how to use it properly . I only look at it as " when not to enter " indicator when ADX is over 30 .
Walter
Two simple lines are better TA tool then anything else .
There is a homework for all interested . Try to pinpoint exact moment of change by using only trendlines .
Walter
Yes I sell only one leg at the time but sometimes I have both legs on.
I have tried stop loss exit when option went into money, but it was more costly and i did not usually get chance to sell higher strike again in the same contract.
Walter