May 17, 2013

Mini-Russell Day trading plan

Mini-Russell 4-Hour

We can see
the Mini-Russell trading in a sideways-trading-range at the highs of the range
from the last 2 days.  We know that a
close above the PHOD at 991.0 will get us buying pullbacks using the Entry-Trigger
Indicator with a profit-target up at the 994.0 double-bottom resistance and the
big-round-number of 1000.0 for the runner.

Mini-Russell 5-Minute
If we get a 5-Minute
candle close below the 990.0 we then look to get short using the Entry-Trigger
Indicator and take profit-targets at 986.3 and 981.5 down at the opposite side
of this sideways-trading-range.

    schooloftrade

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