The Lines They Are Converging..

in LeoFinance4 days ago

* snap of my thinkorswim platform.

I will NOT be trading just yet since there are mixed signals.. the short term trend is going UP, but the long term trend is bearish. I will wait until they are both going UP.

Bu the way, I am still doing only papermoney trades for now.. just getting some practice in. In fact, since I am moving to a new timezone soon (philippines is 18 hours ahead of hawaii) so I will be trying a strategy that trades the opening range breakout of the market, since that will fall at a great time for me!.. at 9pm.

Price is still ranging about, but it seems there is some resistence price keeps bouncing off of, down at 6090..

The bulls are coming on now.. I will sell a PCS (profit on price going UP) on a break of the 100ema. should be any minute now..

See how price rose up to touch the 100ema, but then is falling again. My little trading rule kept from entering too early..

Ok, it broke now, so I am in on the delta 16 strike..

'I luv it when a plan comes together.'

easy win..