The 2100 level I've been talking about was broken on Friday morning. Following tomato's strategy, there shouldn't be any losses this month – we're eating big gains.
Five consecutive daily green candles, plus today being the weekend, I still plan to go long on pullbacks in the short term. Brothers familiar with tomato know – control risk, protect profits. Friday can be slightly reduced or use smaller positions, we've already made money this week, and Friday's volume might be thin. Let's plan the layout based on K-lines next week. So today's plan is conservative. Even if I miss out, I'll stick with buying lows. I won't go short, won't short this entire week. With reasonable stop loss settings, basically no losses.
Trading Plan: Aggressive: Long at 2080, stop loss at 2060. Conservative: Long at 2020, stop loss at 1980.
Next Week's Outlook: Ideally the weekly close above 2100, alternatively can close above 2000. A slight pullback over the weekend for some correction is acceptable – it's accumulating energy for another push next week.
The 2100 level I've been talking about was broken on Friday morning. Following tomato's strategy, there shouldn't be any losses this month – we're eating big gains.
Five consecutive daily green candles, plus today being the weekend, I still plan to go long on pullbacks in the short term.
Brothers familiar with tomato know – control risk, protect profits. Friday can be slightly reduced or use smaller positions, we've already made money this week, and Friday's volume might be thin. Let's plan the layout based on K-lines next week.
So today's plan is conservative. Even if I miss out, I'll stick with buying lows. I won't go short, won't short this entire week. With reasonable stop loss settings, basically no losses.
Trading Plan:
Aggressive: Long at 2080, stop loss at 2060. Conservative: Long at 2020, stop loss at 1980.
Next Week's Outlook: Ideally the weekly close above 2100, alternatively can close above 2000. A slight pullback over the weekend for some correction is acceptable – it's accumulating energy for another push next week.