6/22/2010
From last night our outlook was down. We alerted everyone on the free list as well Sunday night saying that 674 on the TF was our upper level and we would not be long. Today we had a great sell signal with the TF , ES and NQ's.
The trick is first learning how to see the patterns and get the outlook then you must learn how to hold the trade. This takes time because you need full confidence in what you are doing so you can hold trades for more than a few points.
Thinking a 2 to 3 point trade is a home run is not the way you should be thinking. Do not limit yourself. When you gain the confidence you will be able to hold for more than 10 points on 1 trade and that is when you can start making money to live on.
Trade less and make more!
Happy Trading,
www.eMiniSchool.com
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