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“but could you explain why you'd want to buy a fly when skew is steep? I was under the impression that a steep skew is bad for wingspreads in general, since you're paying a relatively higher premium for the wings.” You can think of two separate types of flies. One case is where you are...

On my radar this week. $XOM $AA $UAL $UNG $USO

Pause, and no homo***

I'm looking to get long XOM and AA soon.

Here my chart for the $SPX 2 Hour 2 Month.. As you can see we are right at the value by price value range. This is where the most liquidity is per price. We also retraced to the 61.8% level. I don't really use Fibs but they actually work well. I'm looking for a sell of to the 50% fib then a...

Taking this post from @Doobs789 journal, if you havent checked it out yet, its filled with good info about bflyz. "For some reason I thought 132 call and 231 put fly's only referred to call/put fly's and not the iron. Didn't know you could also trade this set up with iron fly's." - sig "I...

Delta hedging is a myth... for the retail guys like us.. The best we can do is manage our deltas to match our bias.

Why not futures? Epecially micro-futures? Futures seem like a better product to swing than stock. But you must have some edge in picking stock direction?

What do you swing trade? Stocks, futures? Options? All? By swing, do you mean your duration in these trades are a few weeks?

Oh yes I know about the number line. Its very interesting. Are you saying the 5-day number line works best for you? What type of trading strategy do you have?

Surely? Now the markets gonna rip higher lol

Very helpful, thanks man

What is a 5 day rolling number? And what do you mean by "its derivatives"? Thanks!

Over the last few months I've also immersed myself in learning more about pivot points and ATR (Avg True Range). Pivot's always fascinated me because they are one of the very view FORWARD looking technicals, as almost all are backward looking at subject to major hindsight bias. So pivots are...

Ohh okay gotcha. And that's exactly the point of the ACD Method. You are supposed to incorporate it into your own strategy, what works for you. This is what makes it special. I am still learning and a beginner in ACD knowledge, but anyone lurking who has used this method or still is, please...

whered you get this 3 number from? ACD can be applied to any time frame dude

I’ve been studying the ACD Method thread for awhile now. Mav is a wealth of wisdom

how could you make a statement like this? How do u know they dumped it?

I totally agree with you gauss, my mind has also been known to play tricks on me but this occurs to all humans, illusory. Regardless of patterns you can’t deny the price points the market deems significant. 666 was the low and 3337.77 is the high. It’s just cool to note.

I find it interesting that SPX topped at exactly 3337.77 333777 two perfect repdigits. and what was the bottom in 09? 666. Very interesting if this becomes the preliminary top for awhile. I still need to do my weekend analysis but it seems we are going rangebound/down for the next week or...