Tuesday, February 23, 2016

Selling The Range Breakout Lower On The E-Mini S&P 500 Futures; SchoolOfTrade.com

Selling the range breakdown this morning allowed us to pull in a solid profit of 109 ticks!

In today's video we see the E-Mini S&P 500 Futures dropping out of the range VERY aggressively looking for continued selling pressure.

This gave us an opportunity to sell the breakout movement for $1,362.50 on the gorgeous drop back down again.

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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. These types of range bound environments that breakout aggressively can be huge clues as to what the market wants to do and continuation was DEFINITELY on the minds of sellers here!

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