I was looking to short 
AAPL for a scalp by buying puts. I bought 5 435 weekly puts at the time shown by the red arrows.
Watching the MACD slope for a change in sign alerts that a reversal might be coming. A 5 min chart works well for fast-moving stocks, while 7 or 10 minutes will give fewer false alarms. In this case it WAS a false alarm, but there was another reversal with the same signals a few minutes later, so I averaged down at the second reversal candle at 4.33.
Decision points on the way:
- MACD crossover is stronger confirmation of the signal. In this case I sold my average down position just after the crossover, leaving my original buy intact, and having a much lower average entry price.
- Another change in the slope of the MACD. I exited the first trade just after this event, and locked in 12% total profits in 1 hour.
Having a high RSI and MFI increases the odds of the play working.
AAPL for a scalp by buying puts. I bought 5 435 weekly puts at the time shown by the red arrows.Watching the MACD slope for a change in sign alerts that a reversal might be coming. A 5 min chart works well for fast-moving stocks, while 7 or 10 minutes will give fewer false alarms. In this case it WAS a false alarm, but there was another reversal with the same signals a few minutes later, so I averaged down at the second reversal candle at 4.33.
Decision points on the way:
- MACD crossover is stronger confirmation of the signal. In this case I sold my average down position just after the crossover, leaving my original buy intact, and having a much lower average entry price.
- Another change in the slope of the MACD. I exited the first trade just after this event, and locked in 12% total profits in 1 hour.
Having a high RSI and MFI increases the odds of the play working.
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.