Selling the Spike and Ledge Pattern highs on the E-Mini Russell allowed us to bank a gorgeous 76 ticks back down! Check the post out here: \r
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In todays video we see the E-Mini Russell catching a huge reversal off the lows in a very parabolic move.\r
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This gave us an opportunity to sell the profit taking drop as a Spike and Ledge Pattern short and put away $760 on the trade!\r
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Spike and Ledge Patterns are one of the best ways to get into a range bound market and when you get as strong a push higher as we had this morning into that ledge, it sure is hard to stay away!\r
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U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Dont trade with money you cant afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures, stocks or options on the same. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.\r
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