Momentum Down Short Trade

Wed Jan 18, 2017 - TS TradePlan GC Gold Review and Private Client Feed Momentum Short Trade. 

I often get asked: "how do you use the Zones?" 

What TS TradePlan does for me is provide a context to the day. I ask myself how is price behaving in relation to TS TradePlan and the Execution/Target Zones? 

What is it trying to accomplish? 

What is it likely to do next?

Look at the logic behind today's momentum short trade ..

I couldn't always trade momentum just FYI. I had to learn. I wrote a post about it here: "Sports, Trading, and the Psychology of Improvement"

Charts shown with the TS TradePlan Indicator for NinjaTrader

Precise Trading Plans and Trade Alerts for the:

 E-mini S&P-500 (ES), E-mini Dow (YM), E-mini NASDAQ 100, Euro (6E), Oil (CL) and Gold (GC)