January 6, 2016
- in Uncategorized by schooloftrade
Price Action Trading The Flag Pattern On The E-Mini S&P 500 Futures; SchoolOfTrade.com
Selling the Flag Pattern breakdown on the E-Mini S&P 500 Futures gave us a chance to pick up 128 ticks this morning!
In today’s video we see the S&P working lower with strong selling conviction with a Flag Pattern breakout.
This gave us an opportunity to sell the breakout-pullback to the Flag Pattern and put away a solid $1,600 on the trade!
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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. Flag Patterns can be phenomenal setups to get into and when you have such a strong bearish market like we saw this morning they become VERY high probability!
Price Action Trading is all about knowing the day type and knowing how to trade it at the right place at the right time. Flag Patterns can be phenomenal setups to get into and when you have such a strong bearish market like we saw this morning they become VERY high probability!
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