Scalping Strategy with Flow Data (Currently Testing)

[MasterSteve]

Watchlist for June 22nd, 2020

AMD
AMZN
COST
FB
NVDA
ROKU
SHOP

 

[Vimal Mittal]

Do you recommend to buy as soon as market opens or wait till it pulls back?
Thanks.

 

[MasterSteve]

Do you recommend to buy as soon as market opens or wait till it pulls back?
Thanks.

The intention of this watchlist is to bring to your attention a few possible movers every morning. From there, its up to your trading strategies and risk tolerance to see what strike/expiration you'll take.

 

[MasterSteve]

Watchlist for June 23rd, 2020

AMD
BABA
FB
ROKU

 

[BenTen]

Watchlist for June 24th, 2020

• FB
• MSFT
• TSLA
• NFLX
• PYPL

 

[MasterSteve]

Watchlist for June 25th, 2020

BYND
EA
MCD
QCOM

 

[MasterSteve]

Watchlist for June 26th, 2020

HD
MCD
QCOM
ROKU
WMT

 

[MasterSteve]

Watchlist for June 29th, 2020

EA
SHOP
SQ

 

[MasterSteve]

Watchlist for June 30th, 2020

AMD
AMZN
BABA
EA
MA
NFLX
NVDA
SHOP

 

[MasterSteve]

Watchlist for July 1st, 2020

BABA
BYND
DIS
SBUX

 

[MasterSteve]

Watchlist for July 2nd, 2020

BABA
DIS
MCD
NVDA
SBUX
WMT
V

 

[Simteaz]

Watchlist for July 2nd, 2020

BABA
DIS
MCD
NVDA
SBUX
WMT
V

Hey Steve! do you post these WL everyday in correlation with BBS and what time daily?

 

[BenTen]

@Simteaz The watchlist is only based on the Blast Off indicator.

 

[MasterSteve]

Hey Steve! do you post these WL everyday in correlation with BBS and what time daily?

I usually post the watchlist between 9 and 11 pm PST.

 

[MasterSteve]

Watchlist for July 6th, 2020

COST
MSFT
NVDA
ROKU
SHOP

 

[Simteaz]

@Simteaz The watchlist is only based on the Blast Off indicator.

How do I get access to it?

 

[MasterSteve]

How do I get access to it?

Copied from a previous answer I wrote,

So we come up with the watchlist every day using the blastoff indicator https://usethinkscript.com/threads/blast-off-indicator-for-thinkorswim.621/ on our tech watchlist.
Here's the latest code for it.

https://tos.mx/ajuPLf7

You can set up a scanner with that and set the condition to be if the blastoff indicator is True. Then set it up running from a watchlist of your choosing and it'll print out a list of the expected movers for the next day. From that watchlist, I like to look at the flow for the day and see if there is any unusual flow or expected momentum that we could see for the next day. I'll take out anything that doesn't have much option flow or doesn't look interesting to watch for the next day. Then I'll post the results.

 

[MasterSteve]

Watchlist for July 7th, 2020

BYND
HD
QCOM
ROKU
SQ

 

[MasterSteve]

Watchlist for July 8th, 2020

BYND
DIS
FB
HD
ROKU
TGT
TSLA
UPS

 

[MasterSteve]

Watchlist for July 9th, 2020

BA
EA
MA
MCD
SBUX
V