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Price Action Trading The Range On The Euro Currency Futures; SchoolOfTrade.com
Selling the range highs and wedge breakout allowed us to grab a gorgeous 92 ticks to the lows of the range this morning!
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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. We just came back from a holiday with Thanksgiving telling us that it is VERY likely that the day is slow. We see that reflected in price and that means we need to look to buy low and sell high and be PATIENT on our trades since they will take longer. What a great day back!
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“Feed a man Fish and He eats for a day.
Teach a Man to Fish and He (and his family) will eat for a Lifetime”