The key to trade this kind of setup is Buy Stop. Without breakout or the breakout is on the wrong side, THE ENTRY IS NOT CONFIRMED. If you don’t know what is buy stop, click buy stop for details.
Trader's Calendar
- Major U.S. Economic Reports are HERE
- 05/01: May 1st day, S&P up 18 of 27
- 05/09: Before Mother Day, Dow up 20 of 30
- 05/12: After Mother Day, Dow up 18 of 30
- 05/12: OE Monday, Dow down 8 of 14
- 05/16: OE day, Dow up 16 of 24
- 05/26: Memorial Day, market closed
- 05/27: After Memorial, Dow down 8 of 10
- Memorial Day week, Dow down 17 of 29
- 06/02: June 1st day, Dow up 28 of 36