Wednesday, November 3, 2010

NinjaTrader 7 now available!!



***eMiniSchool NinjaTrader indicators are available for NT7!***

Nov 3rd, 2010

The market has been in a contraction since 10/13 / 2010. We have been saying that the trend is still up even though the market was going sideways. Some traders might think that sideways is bearish because we are not going up but it is important to stick to the direction of the last move until that direction is actually broken. This will take away the gut feeling type traders that for the most part are losers.

We had a 730 upper target and we wanted to issue our new upper targets which are 722.00 and 740.00. Our first target of 730 is right in the middle of the new targets and that is perfectly fine because upper targets are levels to look for something to potentially happen they are not short entries.

We have specific patterns we look for after a high is completed to see if off that high we could reverse but in no way do we just blindly short a upper target.

***eMiniSchool NinjaTrader indicators are available for NT7!***

Happy Trading,
www.eMiniSchool.com

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