My timing was a bit off when I sold my 247/248 Call Credit spread 2 weeks ago. I have not defended the position yet because of the MACD crossover occurring which is signalling a potential pull back to my first target of 244.50 area. I'm starting to get better using the MACD especially on the daily which is my choice time period for selling my Call and Put Credit spreads. I've got two weeks to go before my Call Credit spread expires, with a bit of luck I'll get out safely. I'll be looking to sell a Put Credit spread after the pull back and a recross upward signaled by the MACD.
Subscribe
Subscribe to get updates!
-
By TraderHank
TraderHank’s Methods
Recent Comments
- LearningTrader on Day Trading Zones 360 Mastery
- LearningTrader on Day Trading Zones 360 Mastery
- TraderHank on Day Trading Zones 360 Mastery
- LearningTrader on Day Trading Zones 360 Mastery
- Zeek on About TraderHank
TraderHank’s History
Blogroll
- Alpha Wave trader Price action and Fibonacci trading
- Day Trading Zones Options trading using time decay and directionals
- Dough.com Learn to trade options Options Trading Platform made easy
- Interactive Brokers Preferred Broker
- Las Vegas Day Traders Meetup Monthly Meetup for the Las Vegas Valley area
- Oanda Recommended Forex Broker
- Pristine Trading Trading Education
- ProAct Traders Forex Trading methodology with proprietary charting software
- Revolutionary Trading Ron Wagner’s site, former Pristine vice president…
- Tasty Trade Network Learn Options Trading Free!
- Tasty Works Brokerage Lowest Options Commissions
- Tom Willard – Pristine Trained Trader Has a great course on Technical Analysis here
- Top Step Trader Prove that you can trade and get funded
- TraderHank's YouTube Channel Trading Videos
- Trading on Target Trader Psychology
- Trading Schools.org Trading School Reviews
TraderHank’s most used Tags
- 5 minute buy
- 5 minute Sell
- 15 minute buy
- 15 minute sell
- AAPL
- ALL
- AUDUSD
- Breakout
- consolidation
- COST
- EBAY
- ES
- failed pattern
- FB
- FSLR
- Gap play
- GILD
- HD
- Hourly sell
- JPM
- MET
- MS
- MSFT
- Options
- PEP
- Price Action
- PSS
- Pull Back
- QQQ
- SBUX
- short
- Short play
- Sideways
- SPY
- STI
- T
- TEVA
- TGT
- Tier II
- Tier III
- Trade Management
- UAL
- update
- uptrend
- WMT
StockTwits Updates