Saturday, January 22, 2011

Trading Plan: The best Targets: Camarilla L4 & H4, Range of Prior day or for Inside Days Last Swing Low/High








It really makes sense to stop trading and exit a position when todays trading range is about the same as prior days. (See Blue Triangles on Daily Charts)

For Inside Days (if we dont trade above below prior days range) it makes sense to exit at the last swing high or low (Closing Price of 60 Min Bars of Prior Day)

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