May 9, 2013
- in Uncategorized by schooloftrade
Mini-Russell Futures Scalping-strategy trading plan
 |
| Mini-Russell Anchor Chart |
Mini-Russell Futures:
we can see a slightly bearish long-term trend this morning on the anchor
chart. We have the very small ‘cloud’
which is red to tell us the sellers ‘should’ be in control, but the last few
hours of price-action have bounced back higher so we need to see where the next
15-minute candlestick closes.
we can see a slightly bearish long-term trend this morning on the anchor
chart. We have the very small ‘cloud’
which is red to tell us the sellers ‘should’ be in control, but the last few
hours of price-action have bounced back higher so we need to see where the next
15-minute candlestick closes.
 |
| Mini Russell Entry Chart |
The Faster
entry timeframe shows us a completely different story. We can see a clear bullish price-channel and
when we break and hold above the PHOD we KNOW this market personality is
bullish. We make an educated-decision to
be on the LONG SIDE until this trend changes.
entry timeframe shows us a completely different story. We can see a clear bullish price-channel and
when we break and hold above the PHOD we KNOW this market personality is
bullish. We make an educated-decision to
be on the LONG SIDE until this trend changes.
