chi-town
44 posts
msg #138687
- Ignore chi-town |
10/12/2017 12:46:48 PM
I saw several videos of Chuck Hughes making money in options. He uses Keltner Channels, 50/100 ema and on balance volume.
He buys deep in the money options on the bottom of the Keltner Channel and 50 ema is over the 100 ema , with obv moving up.
This looks similar to Kevins filter/high-probability etf trading based on Larry Connors rsi.
Does anyone have thoughts on Chuck Hughes system?
Thanks
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SAFeTRADE
646 posts
msg #138696
- Ignore SAFeTRADE |
10/13/2017 8:06:24 AM
Look at the divergence signal at .24 on the BB%(4,2) cloven hoof on theRSI(2) below 30 and coming
off the low of the Keltner Channel. Look for the N pattern which is the second half of the W Pattern.
I see something new pretty much everything I look at charts. Not sayin' I profit from it. Especially
dropping from above 80 on the Chop Oscillator. Drop form above 80 can be either long or short
signal depending on what signals you use for momentum up or down. I will look at the TRO
WARM filter with the Chop.
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chi-town
44 posts
msg #138697
- Ignore chi-town |
10/13/2017 8:18:19 AM
Thank You,looks great
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SAFeTRADE
646 posts
msg #138698
- Ignore SAFeTRADE |
10/13/2017 8:34:47 AM
Currently XOP and XLI are showing divergence. XOP at the bottom Keltner with a Chop above 80.
XLI at the top Keltner with a Chop below 61.8. XOP may be setting up for another move up.
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chi-town
44 posts
msg #138699
- Ignore chi-town |
10/13/2017 9:37:43 AM
bought xop @33.95
paper trading
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chi-town
44 posts
msg #138700
- Ignore chi-town |
10/13/2017 9:57:06 AM
put stop in at 33.30
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SAFeTRADE
646 posts
msg #138702
- Ignore SAFeTRADE |
10/13/2017 11:55:12 AM
Got in as well, 33.74 stop at 33.15.
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chi-town
44 posts
msg #138704
- Ignore chi-town |
10/13/2017 3:25:37 PM
sold at 33.63
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