February 25, 2013
- in Uncategorized by schooloftrade
Mini-Russell Anchor Chart Prep
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| Mini-Russell Anchor Chart Prep |
The Mini-Russell
is trading at new higher-highs this morning however we see the resistance at
920.3 has made it difficult on the buyers, and is giving us the opportunity for
the InsideOut Set-up to the downside.
is trading at new higher-highs this morning however we see the resistance at
920.3 has made it difficult on the buyers, and is giving us the opportunity for
the InsideOut Set-up to the downside.
If
you were quick this morning you can get short at the PLOD from last week at
920.3 for the majority of the traders we will have to wait now for the break
below the PHOD at 915.4 and look for the high-percentage-trades from
there. Use a profit-target down at the PLOD
if we can get short below the PHOD.
you were quick this morning you can get short at the PLOD from last week at
920.3 for the majority of the traders we will have to wait now for the break
below the PHOD at 915.4 and look for the high-percentage-trades from
there. Use a profit-target down at the PLOD
if we can get short below the PHOD.
 |
| Mini-Russell Anchor Chart Prep |
Our day
trading plan for the Mini-Russell Futures is to sell short below the 915.4
using the failure of the short term bullish price-channel along with the InsideOut
Set-up to the short-side. Our profit-target
for the short will be the PLOD at 905.0 and we will use support levels at
913.0, 909.4 and 907.8 as potential profit-target on the way down if you wish
to scale out of your position.
