Tuesday, February 24, 2015

Price Action Trading The Consolidation On The S&P 500 Futures; SchoolOfTrade.com

Selling the consolidation highs this morning on the S&P 500 Futures allowed us to bank a gorgeous 58 ticks!

In today's video we saw The S&P 500 holding VERY strong consolidation and fake-breaking the highs.

This gave us an opportunity to sell the consolidation highs and pick up a gorgeous stop run for $725 on the move lower!

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The S&P 500 Futures are very typically range bound, especially over the past week. When you see a fake-break that looks this beautiful, it is hard to not at least give it a shot and it sure paid of this morning!

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