LI Long
I'll enter tomorrow at the open, LI is looking bullish in monthly/quarterly open likely to test september open (30.9). I think is likely to do that after these two bullish days. Enter with a buy stop at the test of the daily high and day open in the first market hour.
My expectations are to cross 28.8 (year open) in this week, and also see a cross over 30.9 maybe this week or next week.
After september open is tested I can also buy puts and trade a bearish move to the downside is another scenario.
I like this strategies using open price levels in yearly, quarterly and monthly levels because helps me to trade less and I have a correct view of how the candle is form, when u invest / swing trade you have to visualize how the candle is forming and higher timeframes helps to give direction to the price.
* Not a recommendation
My expectations are to cross 28.8 (year open) in this week, and also see a cross over 30.9 maybe this week or next week.
After september open is tested I can also buy puts and trade a bearish move to the downside is another scenario.
I like this strategies using open price levels in yearly, quarterly and monthly levels because helps me to trade less and I have a correct view of how the candle is form, when u invest / swing trade you have to visualize how the candle is forming and higher timeframes helps to give direction to the price.
* Not a recommendation
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