Thursday, October 16, 2014

Price Action Trading The E-Mini Russell Futures;

Buying the Wedge Breakout Failure allowed us to bank a HUGE 140 tick winner this morning on the E-Mini Russell!

In today's video we see the Russell attempting to push below the wedge lows and failing right back up into the range again.

This gave us an opportunity to buy the failure on a quick pullback for a whopping $1,400 on just 2 contracts!

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.

Days like today, and the last week for that matter, are something we haven't seen in a LONG time. It is important to be careful and choose your trades carefully as it can come with larger moves and larger stops. Scaling back is a great idea and this shows you that, even with 2 contracts instead of our usual 4, we can make the same amount of profit!

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