June 4, 2013
- in Uncategorized by schooloftrade
Mini-Russell day trading plan
 |
| E-Mini Russell 15-minute |
The Mini-Russell
is trading higher this morning into some major sell-zones overhead and pushing
above the price-wedge we have on the 15-minute anchor chart. We know this tells us that buying pullbacks will
be higher-risk because of the supply that is expected to enter into the market
in these sell-zones. We also know to be patient and wait for the price-reversal
and sell short down to the trigger-zone targets we have at 985.4 and
979.2. We will also be looking for buying
opportunities if price can test the 985.2, 982.8, 979.2 and 977.1.
 |
| E-Mini Russell 5-Minute |
We can see
the 5-minute VIP chart tells us to look for a buying opportunity at 992.3 and
990.0. if the 991.3 cant hold, we can
trade short down to the 990.0 and then look for a buying opportunity.
the 5-minute VIP chart tells us to look for a buying opportunity at 992.3 and
990.0. if the 991.3 cant hold, we can
trade short down to the 990.0 and then look for a buying opportunity.
