What are some of your favorite Technical Analysis tools and techniques?

[tom]

I've been using Mike Valtos's orderflows.com tools. Pretty interesting.

 

[Robert B]

I've known Joe personally for many years and have found very helpful application on DiNapoli concepts. https://piktid.com/superid-ai-photo-enhancer/ He's really put together interesting strategies around a Fibonacci approach. Using option spreads on directional structures for futures with TA has been productive although it can be a challenge at times. It's a nice mix to add on neutral managed positions when I need to satisfy my need on expressing an opinion. Viberate

Posted by Derek C

It's great that you've been successful in using option spreads on directional structures for futures, although I can imagine it comes with its challenges. And adding in neutral managed positions is a smart way to balance and express opinions.

 

[tom]

Hi Robert. My favorite options trade lately is the 0 DTE Iron Condor. It's a variation of the Breakeven Iron Condor (BEIC) and Multiple Entry Iron Condor (MEIC). I call mine the Easy Peasy Iron Condor (EPIC). I'll be talking about it on the Round Table on Thursday (Register here...)

Here's my latest performance of live trades since 6 Nov 2023 in a $50k account:




Average yield on margin per trade was +1.04%
Average losing trade -4.43% on margin
Average winning trade +2.47% on margin
Commissions were $4156.38 which were 28.73% of gross trade proceeds. (Thinkorswim must be VERY happy...)