January 6, 2015

Support and Resistance Trading The E-Mini Russell Futures; SchoolOfTrade.com

Selling the secondary test of resistance allowed us to bank a solid 91 ticks this morning on the E-Mini Russell!
In today’s video we see a fake-break low forming resistance above for us to sell back down to the lows.

This gave us an opportunity to sell the retest of that area and pull in a profit of $910 on only 4 contracts!

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Support and Resistance trading is at the very core of the markets and when they set up this picture perfect, it really shows you why  they work so well and why they have been around so long!

 

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