March 29, 2012
- in Uncategorized by schooloftrade
E-Mini-E-Mini-Russell Lunch day trading strategy
We want to buy the lows of the price channel, but we know
the dollar index is trying to move higher this morning so we will sell retracements
with new lower-lows below 820.5. We have
818.0 support below us from the AB=CD pattern, so use that as your final target
for your short. Then look to buy the
lows of the price channel and the AB=CD Reversal-zone support.
the dollar index is trying to move higher this morning so we will sell retracements
with new lower-lows below 820.5. We have
818.0 support below us from the AB=CD pattern, so use that as your final target
for your short. Then look to buy the
lows of the price channel and the AB=CD Reversal-zone support.
If price on the E-Mini-Russell pushes higher we
want to buy using a 2-step long pattern or wait for a short term pullback and
buy 21range trigger line resistance at 823.5.
if we trade long, we will take profit at the top of the bear price
channel on 21range chart.
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E-Mini-E-Mini-Russell Lunch day trading strategy |
