Wednesday, May 14, 2014

Gold Futures Day Trading Strategy; Buying the pullback to new highs

Gold 16JJ Bar
I am watching Gold push to a new high on nice strength while forming a new high.

I am waiting for price to pullback to buy it at 1299.2 and 1296.8 so I can get price right back to the highs. If it falls a bit farther than that I will also be buying 1295.4.

The targets to the upside will first be at the overall swing high at 1309.2 as well as a runner target above that at the next cluster of swings around 1315's.

You NEED to sign up for our trial to the Live Trade Room so you don't miss this trade! You can even watch  us trade it LIVE and follow along with us!

Want to see us trade LIVE?  Click here to register for the Free Trial!
Automated Trading Strategy; Let the Computer do the trading
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell
Are you a Gold Trader? Click here to trade Gold
Join the Premier Live trade-room as an Advanced Member

No comments:

Post a Comment

Thank you for your comment! Your comment will be reviewed and posted asap, thank you for your patience.