S2 Option Trader

[sungolfer]

Fish,your not the only one waiting for a turn,every site i use all have the same opinion.I make my living daytrading.The one thing i have learned is trade by what the chart is telling you.The one time i didn't was with MRVL cost me 100g's.for daytrade or swing trades you can use the following.When a stock is above its 5ema ,use the 10sma as support.once it moves below 10sma sell.This cross over is often proceded by looking at Full stochastic turning down.Use the Full stoch as the early warning system.Now sometimes the stock moves in a tight range and 5ema 10sma and full stoch maybe hard to read.Use the Macd it will be last to confirm the direction.Use the zero line on the macd as the support for direction of the stock.Pay attention to the the individual bars on the macd for highs and lows.They will show you early strenght or weakness in the trend.Once you use these indicators together and look at hundreds of charts you'll find they give you the best diection of a stock be it day trade or a swing trade.Hope it helps.