Vertical Spreads for Aggressive Growth

[cnms2]

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1050450>

Quote from Cache Landing:

Mind if I ask what you are using as an entry signal?

 

[cnms2]

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1050455>

 

[rallymode]

cnms,

pretty low risk entry off of a narrow range consolidation. Nice trade with a stop right below the lows or 32.30.

 

[Cache Landing]

cnmns,

Good intraday analysis, you called the jump perfectly. For a swing trade though, I'm still gonna wait for the breakout above 34.

 

[Neoxx]

BTU looks poised for a substantial pullback - was almost a bearish engulfing pattern until the late rally.

I think AAPL and MRVL are getting ready to take-off again.

 

[nlslax]

Thank you all for the heads up. Looks like an interesting Calender candidate on the Call side.


cnms2... I can't spend the time trading intraday, but i like the set-up you have. I didn't realize that was available on OX. Thanks.

 

[Cache Landing]

Quote from Neoxx:

BTU looks poised for a substantial pullback - was almost a bearish engulfing pattern until the late rally.

I think AAPL and MRVL are getting ready to take-off again.

Haven't looked at BTU for a while. I have been looking to open a bullish position in AAPL and also thinking about adding to my MRVL position.

 

[Neoxx]

Quote from Cache Landing:

Haven't looked at BTU for a while.

Unreasonably overextended from both the major moving averages after the vertical move up. Anything less than a 50% retracement would be dissapointing...

 

[Cache Landing]

I'll be opening a call spread in SPX this morning, as soon as my order gets filled.

 

[Hybone]

Quote from nlslax:

Thank you all for the heads up. Looks like an interesting Calender candidate on the Call side.


cnms2... I can't spend the time trading intraday, but i like the set-up you have. I didn't realize that was available on OX. Thanks.

I believe that's from TOS.