December 7, 2012
- in Uncategorized by schooloftrade
Mini-Russell day trading plan
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| day trading plan Mini-russell |
The Mini-Russell
has been trading in a sideways-trading-range all week so we are assuming this
is likely to continue. We want to sell
the highs and buy the lows of the sideways-trading-range and we will be looking
for the reaction to the NFP news to possibly give us a breakout.
has been trading in a sideways-trading-range all week so we are assuming this
is likely to continue. We want to sell
the highs and buy the lows of the sideways-trading-range and we will be looking
for the reaction to the NFP news to possibly give us a breakout.
As price
rises higher I’m selling 827.5 and up to 830.0.
I will then look for new higher-highs above 830.0 along with the fake-out-breakout
and if the sellers are too strong we look for the price-reversal, and if the
buyers are too strong we buy pullbacks using a wave-pattern-long.
rises higher I’m selling 827.5 and up to 830.0.
I will then look for new higher-highs above 830.0 along with the fake-out-breakout
and if the sellers are too strong we look for the price-reversal, and if the
buyers are too strong we buy pullbacks using a wave-pattern-long.
As price
falls lower we want to sell below the PHOD as the buyers have failed, and take profit-target
at the PLOD just like the Mini-Russell always loves to do. We then will buy the lows at the PLOD and the
813.9 support and look to take another profit-target back up at the highs. Buying the lows, selling the highs, always
the high-percentage-trades on the Mini-Russell.
falls lower we want to sell below the PHOD as the buyers have failed, and take profit-target
at the PLOD just like the Mini-Russell always loves to do. We then will buy the lows at the PLOD and the
813.9 support and look to take another profit-target back up at the highs. Buying the lows, selling the highs, always
the high-percentage-trades on the Mini-Russell.
