September 14, 2012
- in Uncategorized by schooloftrade
Morning Mini-Russell Checklist:
Heat Map Review:
Heat map says the Mini-Russell is a
moving market, so im looking for high-percentage-trades.
moving market, so im looking for high-percentage-trades.
Overnight Highs
& Lows:
& Lows:
We are above the PHOD we have a STRONG
candle and this all tells us this market is bullish, we need a wave-long to
enter.
candle and this all tells us this market is bullish, we need a wave-long to
enter.
Inside or Outside
Day?
Day?
We are outside day on Mini-Russell above
the PHOD and we are bullish.
the PHOD and we are bullish.
Find the price-structures: · Trigger-zone is impossible to find at this
time b/c we continue to see higher-highs.
time b/c we continue to see higher-highs.
· AB=CD Pattern is major and bearish.
· Price-channel is bullish and major
Where will a
reversal be likely today?
reversal be likely today?
The price-reversal will likely occur
at the price-channel highs which we are trading at this time.
at the price-channel highs which we are trading at this time.
What is ourtrading plan for today?
Our
plan today is to wait for the pullbacks to enter long. We are above the PHOD and we are very
obviously bullish, but we need to see price come into our trigger-zone so we
can buy it. Stay patient as the price
rises, and look for the price-reversal when the next pullback fails.
plan today is to wait for the pullbacks to enter long. We are above the PHOD and we are very
obviously bullish, but we need to see price come into our trigger-zone so we
can buy it. Stay patient as the price
rises, and look for the price-reversal when the next pullback fails.
