2-Step Entry Pattern…Day Trading E-Mini ES Russell Gold Crude Oil Dax Euro Pound Futures

•Counter-Trend Pattern
•Watch for the Swing Indicator to mark our Swing-High/Low levels for entry
•Profits taken slightly tighter b/c of Counter-trend pattern
•75% Winning Ratio

The 2-Step Set-up is a counter-trend pattern that works best on Sideways markets.

This entry pattern looks to capitalize on a choppy market, look for Swing-Highs & Swing-Lows marked with our SWING INDICATOR to identify your entry.

Dont forget!! You need to see FOLLOW-THRU to confirm your entry.

Beware taking 2-Step Set-Ups without identifying the Short term Trend, because this pattern should be taken against the trend, looking for a reversal in price action.

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This entry was posted on Thursday, January 14th, 2010 at 3:12 am and is filed under Day Trading Systems. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.