Wednesday, October 21, 2015

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



Selling the WAVE Pattern Short after the buyers made their last push high gave us 202 ticks this morning!

In today's video we see the E-Mini NASDAQ Futures failing off the highs aggressively lower with sellers turning the day into a range.

This gave us an opportunity to sell the Trigger Zone and put away $1,010 on the move lower for a great trade!



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WAVE Patterns can come in all different shapes and sizes and when you can bag a big one like we had today on the NADAQ. Knowing the day type and what to expect gives you huge insight in how to trade these markets and seeing the last ditch effort from the buyers met with mass selling gave us all the reason in the world to keep the train going and sell right along with the move!


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