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Last Chance Trading The E-Mini Russell Futures; SchoolOfTrade.com
Today’s video is going to cover a nice little Last Chance trade higher after a profit taking rally to pullback prices off of the highs. This is a VERY common pattern that sets up quite frequently after a HUGE run in any direction and today worked out perfectly to lock in another great trade for $1,030!
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.
Typically when a market moves parabolic like the Russell did today to the upside, the market needs to take a break and pull some profits off the table. Once they have gotten prices down a bit off the highs to where it is cheap again, it will usually push right back up to attempt the highs one more time and that is exactly what happened today!
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