Replies to post #33270 on OPTIONS TRADERS CO-OP

[johny1]

I keep things fairly simple. I use 5, 15, and 60 minute timeframes. I also usually like to check the daily charts in the evening. Most of the time I usually use slow stochastics and cci. I try to find areas of support and resistance to base entries. I keep a 5 and 15 chart on one screen side by side. I use a different screen full size for 60 minute and daily usually. No hot keys set up, but it's quick enough to toggle back and forth. My favorite trades are the early morning in and out quick with a 15-35 percent gain. I hate waiting all day for a gain. I have always just used the etrade pro platform. It's free for me, and has everything I need plus a whole lot more. It comes with 118 chart studies. Honestly I don't have the foggiest idea what a lot of them are. Gopalakrishnan Range Index? Seriously what the crap is that?! Over time I'll add things, but for now I just keep it simple. Otherwise I get lost in the weeds, and my account gets smaller.

[johny1]

Do you ever read pretzelcharts.com? I've been following them for a few months. I don't know much about elliot waves, but they are pretty good at identifying target prices for SPX. It helps give me a little bit more broad perspective on where the market is, and where it's heading.