April 27, 2012

E-mini Russell short off highs earn +100ticks

We just sold the E-Mini Russell Futures after the buyers failed to break new higher-highs above the PHOD.  We noticed the 21-range Wave Pattern was about to fail, so we sold short below 816.0 .
We placed our stop at the highs above the 21range trigger line to use a trailing stop, and we our final target at the lows of the day to trade short from highs to lows.
Another perfect example of a LIVE trade called with EXACT entry, stop and target in our trade room today with members and guests.

    schooloftrade

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