Monday, October 29, 2012 4:02:47 PM
TZA Challange, Thank You Alex!
Only can trade the direction of the daily bias...IF these 3 things happen...not 2 and not one...you need alllll 3 on your side..
1. CCI indicator crosses its 6 or 7 moving average suggesting an out of the money option play is setting up...get ready...
2. ULT has to have crossed the oversold or overbought signal line...
3. The %B averages have to be on your side...
ALLL 3 first before you look at 30/60 minute...
Only trade direction of daily BIAS and an added confidence if S&P also agrees in direction BIAS...
ANDDD, no screwing around with these indicator's settings to speed them up...
TZA Daily
TZA 120 Minute
TZA 60 Minute
TZA 30 Minute
[chart]
[/chart]
Only can trade the direction of the daily bias...IF these 3 things happen...not 2 and not one...you need alllll 3 on your side..
1. CCI indicator crosses its 6 or 7 moving average suggesting an out of the money option play is setting up...get ready...
2. ULT has to have crossed the oversold or overbought signal line...
3. The %B averages have to be on your side...
ALLL 3 first before you look at 30/60 minute...
Only trade direction of daily BIAS and an added confidence if S&P also agrees in direction BIAS...
ANDDD, no screwing around with these indicator's settings to speed them up...
TZA Daily
TZA 120 Minute
TZA 60 Minute
TZA 30 Minute
[chart]
[/chart]
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