May 6, 2013
- in Uncategorized by schooloftrade
10:00am EST Day Trading Plan Up-Date
 |
| Mini Russell Day Trading Plan |
Mini-Russell
Futures
The Mini-Russell
has pushed and closed above the 953.1 sideways-trading-range highs on the
anchor chart, which means we are BULLISH and buying pullbacks with a profit-target
at the 956.6 and 958.6. Note that the
958.6 is also a major resistance level from the 4-hour chart (double-bottom).
has pushed and closed above the 953.1 sideways-trading-range highs on the
anchor chart, which means we are BULLISH and buying pullbacks with a profit-target
at the 956.6 and 958.6. Note that the
958.6 is also a major resistance level from the 4-hour chart (double-bottom).
 |
| Euro Day Trading Plan |
Euro Futures:
We’re not
getting much market personality in either direction this morning on the Euro,
and half way through our US morning trading session we are flat and trading in
the middle of this price-wedge. We need
to see new higher-highs or lower-lows with a some market personality in order
for us to get trading this morning.
getting much market personality in either direction this morning on the Euro,
and half way through our US morning trading session we are flat and trading in
the middle of this price-wedge. We need
to see new higher-highs or lower-lows with a some market personality in order
for us to get trading this morning.
 |
| Crude Oil Day Trading Plan |
Crude Oil Futures
Trading
lower this morning (as we predicted) and now is settling into this trigger-zone
support from 95.39 down to 94.95. We
have been waiting to see if we can get a 5-Minute candle close above the 95.39
or below the 94.95 to tell us which direction the high-percentage-trades will
be for the rest of the morning.
lower this morning (as we predicted) and now is settling into this trigger-zone
support from 95.39 down to 94.95. We
have been waiting to see if we can get a 5-Minute candle close above the 95.39
or below the 94.95 to tell us which direction the high-percentage-trades will
be for the rest of the morning.
