Thursday, November 20, 2014

Price Action Channel Trading The E-Mini Rusell Futures;

Buying the breakout failure of the channel allowed us to bank a quick 51 ticks back to the highs on the E-Mini Russell Futures!

In today's video we see a fake-break out of the channel low followed up with immediate failure from the sellers.

This gave us an opportunity to buy a potential push higher to profit $510 on only 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.

Channels are awesome areas of support and resistance and when you see them set up this aggressively to the upside, you have to be thinking it is going to retest the highs and look for pretty much any reason to hop on board with the move higher!

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