Tuesday, May 13, 2014

E-Mini Russell Futures Day Trading Strategy; Buying the dip back to new highs

Russell 24JJ Bar
I am watching the Russell Futures push firmly higher and are now starting to consolidate.

I am waiting for price to pullback to buy at 1111.5, 1111.1, and 1105.6 back to the highs.

If we push higher before that pullback I will look to continue to buy the pullbacks up to new highs.

On the way up I will first be targeting the swing at 1135.1 at the highs as well as anticipating a run higher with strength.

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