Price Action Trading The 30 Year Bond Futures Off News; SchoolOfTrade.com

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Buying the small pullback after the news spike off GDP information allowed us to pick up a gorgeous 39 ticks this morning!

In today’s video we see the 30-Year Bonds pushing aggressively higher after the news came out offering a small Flag Pattern pullback.

This gave us an opportunity to buy the bullish pressure re-entering the market and ride the move out to completion and $1,218.75!

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Price Action Trading is a VERY delicate thing and it is really a matter of picking up on the clues that the market gives you through the day. This is ESPECIALLY true when it comes to news events. This morning the news started very undecided but was met with HUGE bullish pressure that didn’t quite reach its objective before taking a break. This break is the exact place you want to be entering in on to finish the move off into its objectives!

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