November 17, 2011

Did someone say re-test the Previous Low of Day?

Wanted to post this chart as an excellent example of how effective our strategy is when using the previous day’s trading ranges.

here is the chart I posted today at 800am est, we saw this move coming a mile away!

and here’s where we ended up today.  right where we assumed we would settle.  there were plenty of short term buying and selling opportunities on the way down, so you can trade long and short as you see opportunities, but we discussed how the higher percentage trades would be short.

Just another great example of the value we bring to our trade room every day @ 730am EST.

    schooloftrade

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