Monday, November 10, 2014

Megaphone Pattern Price Action Trading The E-Mini Russell Futures; SchoolOfTrade.com



Selling the test of the Megaphone Pattern highs allowed us to bank a solid 91 ticks this morning on the fall lower!

In today's video we see the Russell testing the Megaphone highs and failing to push back up again.

This gave us an opportunity to sell the failure from the buyers to drop prices into our targets for a profit of $910 this morning!


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.


The Megaphone Pattern is one of those setups that you really don't see that often but they are one of the absolute strongest patterns around! When you do see them, it is all hands on deck for a VERY high probability trade!




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