Wednesday, December 10, 2014

Price Action Flag Pattern Trading The Euro Currency Futures; SchoolOfTrade.com



Buying the lows of consolidation for a Flag Pattern breakout allowed us to bank a hefty 84 ticks on the Euro this morning!

In today's video we see the Euro flagging out as well as showing a HUGE amount of buying strength against the sellers.

This gave us an opportunity to buy the breakout of the Flag Pattern and bank a cool $1,050 this morning with only 4 contracts on the Euro Currency Futures!




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.


Flags are phenomenal patterns and when they set up with this much weakness on one end, it can be easy pickings sometimes!



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