Friday, May 9, 2014

E-Mini Russell Futures Day Trading Strategy; Selling the retracements back down

Russell 16JJ Bar
I am watching the Russell fall overall after a nice sell off and want to look to sell with it.

I am waiting for prices to get back to the BMT and sell zones to sell at 1098.8, 1099.6, and 1104.3. If it goes higher yet, I am looking to sell 1107.3 and 1112.0 as well.

I will be targeting the BMT back down at 1098.8 first but overall targeting the lows at 1087.2 for the final target.

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