Wednesday, April 27, 2016

Market Psychology Of A Trading Range On The E-Mini S&P 500 Futures;

Today we have a VERY obvious trading range that we failed to breakout from leading into today's movement. This gives us clues that we need to continue buying low and selling high and assume all breakouts are likely going to fail.

This is where inexperienced traders have the most difficult time because right when it looks like you should sell or buy, that is precisely where you should be doing the opposite on a range day. Utilizing market psychology WITH technical analysis is one of the best ways to avoid that from happening!

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