February 16, 2012
- in Uncategorized by schooloftrade
E-Mini-Russell DAY TRADING STRATEGY
E-Mini-Russell day trading strategy uses the 89 range chart
to show us the big picture and we can see the major bull price channel, the
major ab=cd pattern resistance overhead and the more recent price wedge and
inside the range from Wednesday. This is
a big clue when we see a price wedge inside the range from the previous
day. Very easy to buy the lows, sell the
highs, and avoid the middles.
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| Day Trading Strategy E-mini Russell |
The 55 range chart shows us the double top and the major
support below the price wedge that comes along with it, making it very easy to
buy at the lows with a 2-step reversal pattern for the trade entry.
support below the price wedge that comes along with it, making it very easy to
buy at the lows with a 2-step reversal pattern for the trade entry.
The E-Mini-Russell 34 range chart
further-refines our day trading strategy and we know we need to buy the lows,
sell the highs, and avoid trading in the middle. Take profit at the trigger-zone resistance
and beware trading in the middle of this price wedge.
