If you’re bullish, your Elliott wave count probably looks something like this…
1 thought on “If you’re bullish (or why you can’t trade using Elliott Wave)”
Hello Andy ! Ater fridays acotin it seems we can be looking at a better than expected run for appleDo you think you can include in your weekend review of Apple a short term trade to benefit from the possible leg up to 400 around JAN. Still knowing that apple is on its way up , or at least we hope.. I wanted to benefit from a short term trade. I was looking at the 400 calls April 2012 at $14.00The Spread 400-480 is about $12. ( APril exp ) Also the $400 -$450 spread is about $9.50 ( april exp)I was looking at the gains for calls on friday after the stock gained $7 , and the 400 april 2012 was up $1.40 where the jan 400 2013 call was up $1.80 ( and this call is tradying at around $30For half of the price on the call, I was thinking on loading on some 400 calls april expiration and selling them around december/ jan..Though not sure these are the best calls? or I was also thinking of buying more of the 400 jan 2013 calls and selling some of those before 2013.But still I feel that those jan 2o13 are great for long term , but for short term they move slow .thank you !!
Hello Andy ! Ater fridays acotin it seems we can be looking at a better than expected run for appleDo you think you can include in your weekend review of Apple a short term trade to benefit from the possible leg up to 400 around JAN. Still knowing that apple is on its way up , or at least we hope.. I wanted to benefit from a short term trade. I was looking at the 400 calls April 2012 at $14.00The Spread 400-480 is about $12. ( APril exp ) Also the $400 -$450 spread is about $9.50 ( april exp)I was looking at the gains for calls on friday after the stock gained $7 , and the 400 april 2012 was up $1.40 where the jan 400 2013 call was up $1.80 ( and this call is tradying at around $30For half of the price on the call, I was thinking on loading on some 400 calls april expiration and selling them around december/ jan..Though not sure these are the best calls? or I was also thinking of buying more of the 400 jan 2013 calls and selling some of those before 2013.But still I feel that those jan 2o13 are great for long term , but for short term they move slow .thank you !!