Some of the success in trading for Sell The Call and Trading Futures ETF Options has been because the analysis includes multiple charts from multiple time frames. Looking at charts in both the short term and the long term to support a trade has been instrumental in trading success.
For example, Trading Futures ETF Options recently made profitable short term options trades in USO, PIN, IAU, and FXC. Both short-term charts as well as long term charts were used in determining if the trade should be made. Daily charts as well as weekly charts were used. Using the longer term charts gives support for the short term. Looking at longer term charts has also kept Sell The Call and Trading Futures ETF Options from making a bad trade.
Please look at multiple charts when using charts to determine whether or not a trade is acceptable. It should assist in not only making a profit on a trade, but could keep you from making a bad trade.
Friday, September 28, 2012
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