Tuesday, April 28, 2015

Price Action Trading The Channel On The Soybean Futures; SchoolOfTrade.com



Buying the mid-line channel test on Soybeans allowed us to bag a gorgeous 12 points this morning!

In today's video we see the Soybeans coming back down for a mid-line test and a STRONG reversal candle entry.

This gave us an opportunity to buy the reversal and pull up a beautiful retest of the highs for $600!




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Channels work on any market and are the main pattern that all markets follow. Soybeans is a great market to take a look at if you are interested in the agriculture sector and sets up the exact same way as any other market would as you can see in today's video!


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