Monday, May 18, 2015

WAVE Pattern Trading The E-Mini Dow Futures; SchoolOfTrade.com



Buying the WAVE Pattern Long to complete the 'M' pattern high allowed us to pick up 50 ticks this morning!

In today's video we see the Dow Futures rotating back up to the highs and looking to complete the 'M' top prior to reversing.

This gave us an opportunity to buy the WAVE Pattern Long and put away a quick and easy $250 on the trade!



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The market LOVES to rinse and repeat and it does it over and over again throughout a trading day. We see this today on the Dow where it has been creating 'M' top patterns prior to reversing giving us a big heads up that the market wasn't done pushing yet!


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