Monday, November 30, 2015

Price Action Trading The Range On The Euro Currency Futures;

Selling the range highs and wedge breakout allowed us to grab a gorgeous 92 ticks to the lows of the range this morning!

In today's video we see The Euro Currency Futures working off the range highs and breaking down again.

This gave us an opportunity to sell the highs of the range and again with a Wedge Pattern break for $1,150 on the move!

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Price Action Trading is all about knowing the day type and knowing how to trade it at the right place at the right time. We just came back from a holiday with Thanksgiving telling us that it is VERY likely that the day is slow. We see that reflected in price and that means we need to look to buy low and sell high and be PATIENT on our trades since they will take longer. What a great day back!

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