Newbie Trader's Lounge

Technical analysis and psychology tools and resources for the new swing and day traders with articles, forums, and trading journals.
Search Site: articles, downloads, forum
Did you know ?
Only 5% make it as a successful trader.

Main Menu
Login
Username:

Password:

Remember me
Anonymous

Lost Password?

Get more, see more. Register now!
Recommended reading

6/7/2007

ER2-2007-06-07-TRADING-PLAN

Filed under: - admin @ 6:33 am

Looks like another gap down today. The forward contract has changed to the September(U) contract today in TS for @ER2 (continuous). Have to watch both current and forward contracts for resistance/support areas. The current channel needs a little more down before reaching the bottom channel line. This gap might do it. Will look for either further downtrend or possibly reversal to upside to go long. If not, short when breakdown is clearly shown.

Russell 2000 index futures emini trading plan


Comments

RSS feed for comments on this post.

The URI to TrackBack this entry is: http://torero.vecino.com/modules/wordpress/index.php/archives/2007/06/07/er2-2007-06-07-trading-plan/trackback/

No comments yet.

Leave a Comment

Line and paragraph breaks automatic, website trumps email, HTML allowed: <a href="" title="" rel=""> <abbr title=""> <acronym title=""> <b> <code> <em> <i> <strike> <strong>


Please note: Comment moderation is currently enabled so there may be a delay between when you post your comment and when it shows up. Patience is a virtue; there’s no need to resubmit your comment.

11 queries. 0.085 sec.
Powered by WordPress Module based on WordPress ME & WordPress