March 28, 2013
- in Uncategorized by schooloftrade
Mini-Russell day trading plan
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| Mini-Russell day trading plan |
We can see
the Mini-Russell Futures are trading lower off the highs of the price-wedge and
inside the range from Wednesday. We can
also see the BIG WICK on the most recent candlestick which tells us the bears
have been more in control than the bulls.
For this reason we assume that price will move from the sell zone at
950.0 down to the buy zone at 942.7. We
will look to take a profit-target on the short trades going lower at 942.7 and
then buy this zone at 42.7 with a profit-target back up at the sell zone around
950.0. Join us HERE.
the Mini-Russell Futures are trading lower off the highs of the price-wedge and
inside the range from Wednesday. We can
also see the BIG WICK on the most recent candlestick which tells us the bears
have been more in control than the bulls.
For this reason we assume that price will move from the sell zone at
950.0 down to the buy zone at 942.7. We
will look to take a profit-target on the short trades going lower at 942.7 and
then buy this zone at 42.7 with a profit-target back up at the sell zone around
950.0. Join us HERE.
