January 23, 2012
- in Uncategorized by schooloftrade
Day trading stratregy up-date
1100am EST day trading up-date:
Our concerns over slower speed and low volume this morning without any major news is certainly coming true. We need to think protecting captial first is our trading strategty going into lunch.
We the current market personality we know the dollar index is making this much more difficult and we have a lot of slop and chop that we have expected.
Right now….buying pullback on the Russell 21 range chart, and then looking for the wave to fail as a potential clue for a reversal to sell TF below 783.0 area.
