Wednesday, March 25, 2015

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

Selling the Flag Pattern breakdown on the E-Mini Russell allowed us to put away a cool 90 ticks this morning!

In today's video we see the E-Mini Russell dropping out of consolidation and beginning to form a Flag Pattern short.

This gave us an opportunity to sell the break lower and bank a gorgeous $900 on the trade with only 2 contracts!

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Flag Patterns are one of my favorite price patterns and they can get you into some HUGE moves for the day, sometimes even THE move of the day. This example shows you why they are so strong and they can actually be quite easy to spot and enter in to!

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