Tuesday, February 17, 2015

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

Selling the breakdown of the Flag Pattern this allowed us to bank a gorgeous 84 ticks this morning on the E-Mini Russell Futures!

In today's video we see the the Russell rotating off the highs and flagging out into the EMA.

This gave us an opportunity to sell the breakout for a cool $840 on the trade in just a few minutes!

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Flag Patterns are one of my favorite market structures and that is simply  because they just work so darn well! You ALWAYS want to be keeping an eye out for them because they can pay you quite nicely as we saw today!

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