I was doing day/weekly trading very frequently, using the week open, now am thinking on month and quarters to trade. I have been working on an approach that used quarter and monthly opens. I do see that gives a lot of time to place the trade and is better for me cause sometimes I have to work. The quarter open looks like is a good way to get the general bias of the month open direction. The idea is to catch the month open and sell at extension or a test to a higher quarter/monthly open.
Have you guys used this approach?