I saw these tickers confirming as well....I held off because at the time I wasn't looking to add more positions until I was able to close 2 large positions in KO 7/21 60C (16 contracts @ $0.34) and RCL 7/21 100P (4 contracts @ $2.25. I had been nursing these positions all week and I finally got the move I was looking for in both stocks. I closed all but 2 KO cons for big gains. And I closed all RCL for nice profits as well.
Amazing, how this indicator allows me to find trades in either direction....no matter what the market is doing. You just have to buy some time 2-4 weeks out in expirations to give the stock time to make the expected move. The RCL trade was based on the short signal on Thursday 7/6...but it wasn't the best entry as the stock had gapped down that morning and then retested/filled the gap down....I was down $100/contract (4 cons) on Tuesday. But eventually was able to close for $50/contract profit.
Looking back RCL might have been a much better trade using the 30min signal....it signaled short on the last 30 Min candle Wednesday 7/5 and I would have captured the gap down...I am starting to look at the 30 Min signal on many tickers for possible better entry prices. I actually think KO might be best traded on 30 Min Big4 signals.
At the EOD of Friday I opened a position of 4 cons 7/28 FCX 41P @ 1.15. It was confirming short on the 1H at 3:55 but by the close the stock ran up 7 cents in 4 min and closed above the Ehler's DCF and failed to confirm on 1H. However, looking at the 30 Min it cconfirmed earlier in the day on the 10-10:30 candle. We will see how this plays out.
Good Luck everyone...lets keep these profits going!!
I will let u know if it works for me!!
