Price Action Trading Breakouts On The E-Mini Russell Futures; SchoolOfTrade.com

2016-02-29 0

Selling the fake-break of the highs of consolidation in the down market allowed us to bank a solid 109 ticks this morning! Check the post out here: \r
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In todays video we see a fake-break of the highs of consolidation after a failed break of the lows as well.\r
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This gave us an opportunity to sell the failure back down to the lows for a gorgeous $1,090 this morning!\r
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Consolidation happens VERY frequently and when the market is balanced, a breakout rarely ever works out. I go the opposite side of things and look to fade these breakouts back into t he range assuming they will fail.\r
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