looking for 4 wave rally of over all 5 wave of C.
maybe puts on that top of 4 wave gonna be patient. dangerous trade since its last 5 wave of C. might just watch instead
maybe puts on that top of 4 wave gonna be patient. dangerous trade since its last 5 wave of C. might just watch instead
Commento:
long as that 4 wave doesnt touch 1 were good for puts to 5 wave area
Commento:
and if we break below 3 wave for lower low then its 100% confirmed we going for 5 waves down lol. I usually like to buy puts on reversal of that 4 wave then add to my put position once we cross below 3 making lower low.
Commento:
but usually on end of corrections on a 5 wave of C I don't go in heavy, very risky trading here since it can turn around impulse up
Commento:
that was one long ass sideways 4 wave but finally broke down for lower lows . im looking for laddering in for long term calls year expirations
Commento:
hit low of 2.72