Gathering Pattern Trade Setup

Classic little ‘Gathering Pattern’ trade setup on Friday. It ended up being slow as treacle but we eventually ran to an Exhaustion Buy signal at the end of the day. Always follow the Professionals – particularly on the higher timeframe charts (4,500 and 1,500 tick). The ‘Gathering Pattern’ is explained here and how to know whether the Professionals are buying or selling is explained here.

Good luck with your Emini trading next week. Remember President’s Day on Monday, so no trading.