April 28, 2015
- in Uncategorized by schooloftrade
Price Action Trading The Channel On The Soybean Futures; SchoolOfTrade.com
Buying the mid-line channel test on Soybeans allowed us to bag a gorgeous 12 points this morning!
In today’s video we see the Soybeans coming back down for a mid-line test and a STRONG reversal candle entry.
This gave us an opportunity to buy the reversal and pull up a beautiful retest of the highs for $600!
We use a simple trading strategy that can be used on ALL markets! When you learn these simple strategies you will be able to make profits on any market you wish to trade, from Futures to Stocks and everything in between.
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Channels work on any market and are the main pattern that all markets follow. Soybeans is a great market to take a look at if you are interested in the agriculture sector and sets up the exact same way as any other market would as you can see in today’s video!
Channels work on any market and are the main pattern that all markets follow. Soybeans is a great market to take a look at if you are interested in the agriculture sector and sets up the exact same way as any other market would as you can see in today’s video!
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