October 20, 2011

Mini-Russell Day Trade Up-Date; Lunch Prep making us money!

Hi Guys,

Another great day of trading and we’re in the Russell Futures short right now after using our Lunch Prep to find some easy trading opportunities.

I entered short on the TF Mini-Russell after watching the price move into, above, and then below the ‘zone’ we defined in our live trade room together this morning.

We know this is a bear price channel, which means this is an easy trade to sell the highs of the channel, and with our ‘zone’ defined earlier this was an easy trade to take.

Now Im managing the trade after taking profit at our trigger line (red) for the first target.  Now Im using the ‘auto levels’ from our 34range chart to help me plan my final 2 targets.

Lets go Russell! 🙂 I’ll keep in touch on our progress!

Dont forget….our Auto Trader can do all of this FOR you!

    schooloftrade

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