March 14, 2013
- in Uncategorized by schooloftrade
E-Mini S&P day trading plan
 |
E-Mini S&P day trading plan |
We can see
the E-Mini S&P trading higher into the highs of the bullish price-channel,
which is causing us to be a little more conservative with our buying
opportunities above Wednesday’s highs.
We skipped the first 2 opportunities and now have entered long on the 3rd
signal we saw on our entry chart timeframe.
the E-Mini S&P trading higher into the highs of the bullish price-channel,
which is causing us to be a little more conservative with our buying
opportunities above Wednesday’s highs.
We skipped the first 2 opportunities and now have entered long on the 3rd
signal we saw on our entry chart timeframe.
 |
E-Mini S&P day trading plan |
The entry
chart on the E-Mini S&P shows us a failed InsideOut Set-up short at this
time, so we are buying long up to the top of the bull price-channel around the
1557.50. Our stop-loss at 1550.75 will
take us out of this long position and we will then consider getting short with
the very high-% InsideOut Set-up with a profit-target at the 1547.50 trend line
and then hold the runner down to the PLOD at 1542.75 for the final target
short.
chart on the E-Mini S&P shows us a failed InsideOut Set-up short at this
time, so we are buying long up to the top of the bull price-channel around the
1557.50. Our stop-loss at 1550.75 will
take us out of this long position and we will then consider getting short with
the very high-% InsideOut Set-up with a profit-target at the 1547.50 trend line
and then hold the runner down to the PLOD at 1542.75 for the final target
short.
