How to pick up pennies in front of the /ES steam roller - 2020

taowave said:
If a BWB is a split strike fly,you are simply short a vertical.Im guessing your risk reward is 1 to 1,5 point long a 5 point vertical + short a 10 point vertical,same short strike
More...
Yes good guess and the win rate can be > 70%
 
I will show some pix later, but a pop in volume does decrease the T-0 line, overtime theta really keeps the T-0 line stable. I have been analyzing the Fall of 2018, Betrix 2015, Volmageddon 2018 and I was amazed how stable the T-0 line is. I will add the test pics here.

Part of the reason I've started this journal was that after watching this video:


I realize I have to be more diligent in documenting my thoughts. I figure this forum would help be accountable to my trading and may be I could add value to somebody on their trading journey
 
upload_2020-1-7_9-41-49.png

Market is open, 01/06/20 closed above the 10 day MA and the of yesterday has been pierced. I've met my criteria so I will open a BWB today
 
You must log in or register to reply here.
Back
Top