Tuesday, July 15, 2014

Channel Breakout Trading The E-Mini Russell Futures; SchoolOfTrade.com

Short-Selling the Mini-Russell after Buyers Failed to break free of a price channel.

In today's video we see the Russell dropping VERY aggressively off of its highs on a ton of selling pressure where we have a nice tight looking bear channel. 

Once that channel broke we had a push higher into an area of resistance for us to short it one more time and bank a solid profit of $360 on the trade!

We use a simple trading strategy that can be used on ALL markets! When you learn these simple strategies you will be able to make profits on any market you wish to trade, from Futures to Stocks and everything in between.

On these aggressive trading days where the markets go parabolic, you can find some gorgeous patterns and this is a perfect example of a very common one; awesome trading today!

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