Wait for the setup MACD divergence and double top or bottom and then place the trade. A few hundred percent gain isn't too shabby in a few hours. Patience is the key. SPY weekly options rule.

For short term traders and short term charts,  VXXB upside divergence on March 26/27 15 minute charts clearly shows us that the SPY would do the opposite and send markets down until the technical pict...

Its great having the MACD divergence in place but paying attention to the MACD turning up is the final piece of the pattern. If it hasn't happened then it's not ready. Patience is key to success.

Note how WYNN had another 30 min up divergence late Monday to add fuel to an already divergent daily chart! That’s how you successfully trade a new entry to an existing pattern! Low time frames form “...

Some VXX downside divergence in latter part of Friday but not overly clear. GS had decent daily divergences to the upside still on going the XLF had a series of 60 minute divergences in play earlier i...

Alaskan Air Soars
We were all watching ALK after Tuesday's class. The divergence was a classic setup on daily charts on September 21, 2017.

By September 25, 2017 things were moving and those OTM ...

In this 90 minute video edited from a recent Options Hunter live webinar, Dale Wheatley takes us through a daily routine using mostly daily price charts.

He starts with major indices and ETFs then mo...

A strong daily MACD divergence and with a triple bottom on GILD 6-20-2017 signaled a strong move to the upside. OTM options moved thousands of percent in 2 days.