June 3, 2015
- in Uncategorized by schooloftrade
Channel Breakout Trading The SP500 Futures; SchoolOfTrade.com
Buying the channel breakout Flag Pattern long on a channel high retest allowed us to pick up a beautiful 32 ticks on the E-Mini S&P 500!
In today’s video we see the S&P 500 pushing higher on a solid bullish channel that the buyers decided to smash through.
This gave us an opportunity to buy the breakout Flag Pattern retest of the channel for one more good push and $400 in our pockets!
Watch more videos on Day Trading with Price Channels HERE!
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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The E-Mini S&P500 is a fantastic market to trade just due to the liquidity of it but the setups that occur there are almost always top notch as well. This is a great example of the buyers putting the pedal to the metal and breaking out of a channel into a Flag Pattern long for an easy profit!
The E-Mini S&P500 is a fantastic market to trade just due to the liquidity of it but the setups that occur there are almost always top notch as well. This is a great example of the buyers putting the pedal to the metal and breaking out of a channel into a Flag Pattern long for an easy profit!
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