By skyforbes I don’t use MACD, RSI, BOLL, VWAP, etc.. the list goes on and on.
Is there any other lunatic who profitably trades using solely Volume & PA? Or Volume and S&R? And potentially the order flow as well?
Personally….
I’m going on year 6 day trading options and I can see the liquidity now, mostly just looking at the daily chart. 100-300% plays come easily without a ton of thought, just a heap of patience in the beginning usually.
But this method only works on index/stock options that I’ve studied since the beginning. Pretty much the only ones I trade 80% of the time. So only about 3-4. But hey, stick to what you know. I don’t have 110% accuracy every day and sure, I could be more precise by using these other tools, but it’s just not for me.
I just need a clear head and a clean screen.
The rest feels painfully “rinse-and-repeat”.