Tuesday, December 8, 2015

Price Action Trading Major Support On The E-Mini S&P 500 Futures; SchoolOfTrade.com

Buying the major support area 2051.25 allowed us to pick up an amazing run higher for 320 ticks this morning!

In today's video we see the E-Mini S&P 500 Futures pushing down into our major support at 2051.25 that we have been waiting for.

This gave us an opportunity to buy the move back up for a whopping $4,000 on the trade with only 7 contracts!

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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 see price grinding lower all morning and we have been tracking a HUGE area of support in our chat room for a few days now which we FINALLY got tested. This gave us the chance to buy it up for a massive run higher!

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