Thursday, June 6, 2013

ES S/R TRADE ZONES FOR 06-06-13

Today's trade plan is to focus on trade entry at the zones. Highest odds location is at the middle to back of the zone on first touch. I will be looking for signs of sellers over reaching in the form of tick divergence & extreme tick readings. We are down multiple days in a row so I am cautious not to get over aggressive on the down side. Markets move in two directions. Trade smart. trade location itself is an edge.
Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations  in any way.  You should not follow anyone blindly.  Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.

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