Trust The Levels - Trade Options In ThinkOrSwim

[METAL]

Todays Trades.. $Another easy day. Could have been way better but I am human darn it.
AMD:

PLTR:

SPX: $1,310.00 Profit

 

[pmohanty1987]

Had another banger of a day. No losses today and learned from yesterdays mistake.
$6,540.00 Profit. I made a video and will post it later.

Hi @METAL .. Thanks a lot for your contribution.
I have been using the LRC lines for a few days now. While the strategy looks great in hindsight, I am struggling to interpret the lines during live price action.
Could you please create a detailed video on how to use the grid again? I have watched your previous video, but a more in-depth explanation of your approach to reading the lines would be really helpful.

 

[Sap010]

Hello @METAL , thank you for showing us your strategy and for your contribution to this community.
I've been here for a short time and I'm trying your method. I would like to understand how you use all the indicators of the new template, (Volume Label, ATR levels, VWAP, LRC Etc...) and the entry and exit rules, since I cannot find anything similar to the thread start instructions with the modifications that have been made.
Maybe you explained it, but I don't speak English, so if you did it on video I didn't understand it. I'm sorry.
Thanks for advance.

 

[METAL]

I thought I was going to have a RED day today
PLTR. Good setup. Bad execution. Saw another opportunity and made back my loss plus some.

SMCI - Loss

TSM

TSLA

SPX

 

[CBOE]

@CBOE @mnunez021 Perhaps it is the instrument that you are trading?
@METAL trades the highest of liquid instruments with a history of solid ATR movement.
Review the trades that @METAL has provided, and watch the charts for those ETFs/futures/stocks
It seems that you will not see that behavior.

This strategy can only be traded with instruments that move.
ETFs/futures/stocks that lack liquidity and good trading ranges will more likely whipsaw and perhaps demonstrate the behavior you are describing.
Especially on days like today, where the indices were trading at less than half of their normal volume averages.

Here is the VIP method for finding the big movers that work with this strategy:
https://usethinkscript.com/threads/identify-the-big-movers.20100/#post-150094

I am looking primarily at ES and NQ.

 

[useThinkScript]

@METAL is not a get rich quick trader.
He put the time in learning technical analysis, price action, and market dynamics.
And it shows!

Trust The Level -- Trade Options is NOW one of the Top Ten Forum Trading Setups

 

[METAL]

My Trades today. I missed the bigger picture today. Was able to pull off a good profit but still learning.
I went against my rules due to lack of focus. My 1st trades were trading into resistance levels.
SPX:

PLTR

MSFT:

 

[METAL]

Tuesdays Trades Banger of a DAY! 5,575.00 Day. This is surreal.

TSLA:

SPX:

TSLA: