August 26, 2014

WAVE Trading The E-Mini Russell Futures; SchoolOfTrade.com


Buying the WAVE on the E-Mini Russell allowed us to pocket 77 ticks this morning!
In today’s video we have the Russell pulling back after a fake-break high right into support.


This gave us an opportunity to buy the WAVE and support rejection higher to bank $770 on the trade!

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When everything comes together in one spot to give a VERY strong area of support, it is sometimes alright to be a bit more aggressive on your entries like this and it can REALLY pay off! Even if you chose to be a bit more conservative, it gave everyone a chance to hop on board.

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