Trust The Levels - Trade Options In ThinkOrSwim

How did you land on 281 length on your regression lines?


And on the chart below, you'd take the trade of the rejection of Regression line -2 (#1) up to a major rejection area (#2) correct?

1722105108604.png
 
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How did you land on 281 length on your regression lines?


And on the chart below, you'd take the trade of the rejection of Regression line -2 (#1) up to a major rejection area (#2) correct?

View attachment 22477
I do not look at the length as I draw the "Long" LRC manually for each stock Here is a video to show how I do this.

You could take a trade off of the LRC line however, I typically use the L-LRC lines to take profit in the event of a rejection. I am looking into using the L-LRC for swing trades.
 
Monday 7/29/24. Today was tough but I was ready for it. I had decided that I was going to scalp today due to earnings and news this week.
I had one loss that was more than I wanted due to a mistake I made but I got almost half of the loss back and still ended with a green day.
Here are the trades:
1722296252090.png

TSLA:
1722296223904.png


SPX:
1722296904903.png


IWM- Best trade for me today. I wish I had entered heavier.
1722297391009.png


 
I do not look at the length as I draw the "Long" LRC manually for each stock Here is a video to show how I do this.

You could take a trade off of the LRC line however, I typically use the L-LRC lines to take profit in the event of a rejection. I am looking into using the L-LRC for swing trades.
Tysm!
 
Tuesday was a great Day! Caught some of the downside. I need to work on holding longer and trusting my rules! My 1st SPX was bought at 9.40, It went all the way to 54 but I profited $40.00.:mad:

1722389272341.png

AAPL-
1722389599511.png


TSM
1722389913483.png


SPX-
1722391655771.png


CRWD
1722392135755.png
 
Where is the shared link?

In the 1st post:
Here are the Codes:
LRC-V.2 - This works for All and is what I use on the chart I trade with - https://tos.mx/!bRJfYOTJ
LRC - Today only - https://tos.mx/Y9lBc45 (I use 2m/Today) (original)
LRC MultiDay with 2 deviations - https://tos.mx/4ptvXbY (Do not use anymore)
LRC MultiDay w/2 deviations for Spy,ES,NQ -(Do not use anymore)
https://usethinkscript.com/threads/trust-the-levels-trade-options-in-thinkorswim.18367/post-140679
 
Did you guys get the AAPL trade this morning? At 8:36am CST I took this one for a nice trade! I'm not able to post a chart right now, but just checking if anyone else got in on this one?
 
Fridays Trades. I had a RED Day! Made some bad trades and it cost me! I had a few good trades but the bad ones were to much to overcome. I had about a $500.00 Loss overall. Had a great week though.

Good Trades-
SPY/SPX
1722690809501.png

IWN - Loss
1722691240997.png

AMZN Profit-
1722691535031.png

SPX- LOSS
1722692518040.png


SPX Profit
1722693826400.png


What could have been...
1722694239298.png
 
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Did you guys get the AAPL trade this morning? At 8:36am CST I took this one for a nice trade! I'm not able to post a chart right now, but just checking if anyone else got in on this one?
I missed AAPL. But great job. It is easy peasy if you just follow the strategy!
 
Todays Trades-
I missed a bunch of great trades today. Ended Green but barely.
SPY-
1722984969214.png



TSM-
1722985412659.png


META-
1722985834996.png
 
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Another eventful day.. So I made a couple of dumb trade that put me at around a $600.00 loss. Once again, I ended with a 215.00 Profit on the day.
The bad trade was with SPX and I traded into a 50% Retracement that I had put on my chart during premarket. I decided to ignore it I guess.

1723076572627.png

SPX - loss
1723070771136.png


META-
1723071047748.png


AMD
1723071334013.png

META
1723071564388.png


SPX
1723076503060.png
 
Todays setups and trades.. I got hosed on what should have been a great SPX Trade!

SPX
1723160886682.png


NVDA- So simple to follow!
1723161204391.png

Coin-
1723161455189.png

TSLA
1723161630249.png
 
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Reactions: ALV
Another successful day. I could have done so much better but I missed some really great setups.
SPX
1723760722510.png
 

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