If price returns to March's high, then I'll begin looking to purchase call options as close to 29.50 or 30.00 strikes as possible. These calls with have an expiration of June 1.
If price returns to March's high, then I'll begin looking to purchase call options as close to the 393.50 strike as I can. These calls will have a June 1 expiration.
If price returns to March's high, then I'll begin looking to purchase call options as close to the 36 strike as possible. These calls will expire June 1.
April's candle closed below March's candle. The next factor I look for is for price to return to March's lows. If price does this, then I will be looking to begin purchasing puts at the 32.00 strike with an early June expiration.
I think C could make a move up to 50 or above this week. I saw some really cheap calls on C this afternoon just before market close. At a 0.03 premium, I picked up call contracts for the 52 strike set to expire 8 May 2020. I'll be looking to sell the contracts if price makes a move to 50 or above. I'm risking less than 1% (0.0935%) of my account balance.
April closed above March's high. Price has also returned to March's high. Because of these two factors I'm looking to purchase call options at 116.00 set to expire June 5. I'll be risking 1% per trade. 3% total on this instrument.
If price returns to March's high, then I'll begin looking to purchase call options as close to the 175.00 strike as possible. These calls will have an expiration of June 1.
If price returns to March's high, then I'll be looking to begin purchasing call options as close as possible to the 50 strike with June 1 expirations.
If price returns to March's high, then I'll be looking to begin purchasing call options as close to the 284.50 strike as possible. These calls will have a June 1 expiration.
If price returns to March's high, then I'll begin looking to purchase call options as close to the 59.00 strike as possible. These calls with have an expiration of June 1.
If price returns to March's high, then I'll be looking to begin purchasing call options as close to 41.50 strike as possible. These calls will have an expiration of June 1.
The most recent weekly candle close below the previous candle. This pair may continue falling. I'll be waiting for price to return to trading around 86.218 before considering trading. If price does return to 86.218, then I'll be waiting on the 4H time frame for a 4H candle close below a previous 4H candle. If a 4H candle closes below a previous 4H candle, then...
The most recent weekly candle closed below the previous weekly candle. Because of this I will be looking for short set ups on the 4H time frame. A short set up on the 4H time frame is when a 4H candle closes below a previous 4H candle at, just below, or above 78.108. If a set up occurs on the 4H time frame and price is at, just below or above 78.108, then I will...
Since price closed below last week's low, I'll be looking for short opportunities around 0.71406. If price returns to 0.71406, then I'll be watching the 4H chart for a close below the low candle set up. If this happens, then I'll move to the 1 minute chart and sell on pullbacks into previous levels.
Price closed for the week below last week's low. I'll be looking to short this pair around last week's low of 0.94385 using a 4H chart. Once price returns to 0.94385, I'll begin watching a 4H chart for a candle to close below a previous candle's low. If this occurs, I will be looking to short the previous 4H candles low using levels on the 1 minute time frame.
If I'm going to buy this pair, then I'll want to see bull candles posted on the daily time frame around 1.33 and 1.30. If that happens, then I'll move to the 1H time frame and place buy limit orders around previous market levels.
I'll be looking for bear candles to post on the daily time frame. If that happens, then I'll go to the 1H time frame and place sell limit orders around previous market levels
If I'm going to buy this pair, then I'm going to be looking to do that around 105.500 and 101.500. If price reaches these areas, then I'll be looking for bull candles to post on the daily time frame. If that happens, then I'll go to the 1H and place buy limit orders at previous market levels.