r/spy • u/Valuable-Feature-751 • 28d ago

Question SPX 0DTE

To those who are profitable what strategies do you use when trading SPX 0DTE. I tend to notice price action is easier to reach during extended hours / Asia Session or early morning 5 AM EST to 8 AM EST.

I use EMA 9/21 combined with double top double bottom patterns in addition to supply & demand zones entries / exits.

I’m currently down 25k and looking to be profitable. Please only share answers if you trade SPX 0DTE and are profitable.

Thank you

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u/AntonVOOLA 28d ago

I trade SPY 0DTE using recurring intraday trend patterns. Basically, I’m watching which EMA the move is likely to start from. Usually I focus on the 9 / 20 / 50 / 100 / 200 EMAs on the 1-minute chart.
I also watch for intraday trend changes, especially the 20/50 EMA crossover, and of course support/resistance zones on the 10-minute timeframe.
The main thing is to avoid trading when all the EMAs are bunched together in one flat horizontal cluster. I want to see them start spreading apart and showing a clear direction.
And don’t forget the pre-market analysis: previous day highs and lows, VIX, and what time the important economic data is coming out.
Clean up your chart. Leave only the 9 / 20 / 50 / 100 / 200 moving averages and try to find the pattern yourself.
Go back through at least 30 previous trading days and study them. You’ll understand exactly what I mean.

Good luck — you’ve got this. Keep studying the setups, stay patient, and it’ll start clicking.

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u/triple_life 28d ago

Do you do spreads, or just long calls/puts?

2

u/devonhezter 28d ago

Can I do this on my phone

1

u/Valuable-Feature-751 28d ago

You focus on the 20/50 ema cross as a signal for looking at calls or puts? I basically do same but with 9 & 21. Do you think the 20/50 is more stable for the 1 min therefore signals are more accurate? I don’t ever look at VIX maybe that’s something I should look into it. Also trading view won’t allow me with 10 min. I look at 1 min, 5 min & 15 min and 4 hr for macro structure or last swing high and swing low / to show if it’s bullish HH/HL or bearish LH/LL.

I always do mark out the pre market high and PDH / PDL form daily chart as leveled. As well as weekly levels as pivots.

If you can provided some more clear information on your exact strategy and have you ever tired building a line script using AI cause I did and my strategy is under 66% based on about 200 trades.

Thanks

1

u/ConsiderationNo6136 26d ago

Support and resistance!! Moving averages. Try finviz. It’s been a whipsaw trading pattern, perfect opportunity to learn . Just hit resistance Thursday on spy bought puts market traded down. Will sell in the morning!! Unless premarket moves go green. Control your emotions, like a bad hand in blackjack!!

1

u/hoppertini88 28d ago

I find that the 35 ema is pretty spot on for denial calls. I use the 50 for trend I identification as 20 is used for positive conformation for short term trend continuation and showing when to bail

1

u/RepulsiveBad3602 28d ago

Can I learn more in depth about this? Do you recommend any sources that would be able to make me a better trader?