March 25, 2013
- in Uncategorized by schooloftrade
Mini-Russell day trading plan
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Mini-Russell day trading plan |
The Mini-Russell
is banging its head against major double-bottom resistance at 951.0 this
morning, and we can use both the entry and anchor charts to tell us that
selling short will most likely yield the best results in the US morning session
until we see something change, such as new higher-highs.
is banging its head against major double-bottom resistance at 951.0 this
morning, and we can use both the entry and anchor charts to tell us that
selling short will most likely yield the best results in the US morning session
until we see something change, such as new higher-highs.
The anchor
chart shows us the bullish price-channel along with the resistance starting at
951.0 and then additional resistance at 989.2 and 1000.0. These resistance levels overhead make for excellent
profit-target for the buyers, and a location to look for clues for the next
move higher or lower.
chart shows us the bullish price-channel along with the resistance starting at
951.0 and then additional resistance at 989.2 and 1000.0. These resistance levels overhead make for excellent
profit-target for the buyers, and a location to look for clues for the next
move higher or lower.
 |
Mini-Russell day trading plan 2 |
The entry
timeframe on the Mini-Russell shows us two easy clues for selling opportunities
this morning. First, we have the InsideOut
Set-up short after the buyers have failed to make new higher-highs above the 949.1
so we’re selling short down to 944.5 double-top support, 942.5 LOD, and then
holding the runner down to the PLOD at 937.4.
Join us HERE.
timeframe on the Mini-Russell shows us two easy clues for selling opportunities
this morning. First, we have the InsideOut
Set-up short after the buyers have failed to make new higher-highs above the 949.1
so we’re selling short down to 944.5 double-top support, 942.5 LOD, and then
holding the runner down to the PLOD at 937.4.
Join us HERE.
