Wednesday, January 13, 2016

Price Action Trading The Channel Test On The Euro Currency Futures;

Selling the TTT channel test on the highs gave us a gorgeous sell signal short for a solid 164 ticks this morning!

In today's video we see the Euro working lower in a lazy bear channel which saw price pullback to test the highs of.

This gave us an opportunity to sell the test for $1,025 on the trade short for the first trade back on the Euro after the change!

Watch more videos on Day Trading with Price Channels HERE!

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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. Channel Pattern setups are easily one of my favorite setups on any market for Price Action and this is exactly why. They are hyper reliable and work VERY VERY well!

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