Thursday, June 25, 2015

Price Action Trading The Channel On The SP500 Futures; SchoolOfTrade.com



Selling the channel high test on the S&P 500 Futures allowed us to pick up a VERY fast 44 ticks this morning!

In today's video we see the S&P 500 testing the channel highs and dumping out of the bed on a beautiful 2S setup.

This gave us an opportunity to sell the channel highs and pull in a quick and easy $550 on the trade!






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The S&P 500 Futures is one of the most consistent markets on the planet and when it chooses a direction, boy you better stay away from the wrong side of it because it is a freight train that is VERY powerful!


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