5/28/2010
Today was a great 2nd session outlook trade. We use the first two moves of the morning to get our trade set-up. Today it was a short for +10.00 points to the target. We had a pre-defined stop and we know the targets ahead of time to know how many contracts to trade so you can maximize the reward while staying within your comfort zone.
Also the blue bars told us the move was starting and notice how the blue bars caught the low of the day and the high after the low was put in!
Would you stay short when the blue bars appear at the low or long when they appear at the high?
It is a good real-time visual so you can gain confidence in the direction.
Have a great weekend,
www.eMiniSchool.com
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