09.24.13 Trade Strategy

Initial Support Zone: 1688 – 1690

Initial Resistance: 1698 – 1700

Penetration of Prior Day High (PDH) targets 1703.50…1707.50…1709 – 1712 zone

Violation pf Prior Day Low (PDL) targets 1684 – 86 zone, then 1678 – 82 zone

Average Range for Cycle Day 2: 14.50

Odds of Rally > 10  85%…>20  45%

Good Trading…David

Habitude Three
I am willing to accept loss. Losing is an integral part of the process. I know and accept that individual losses and losing periods will happen. They are endemic to trading. I do not like loss. I do not expect loss. I simply accept loss as a cost of doing business.

Leave a Reply