Monday, March 23, 2015

Trading the Channel Pattern On Gold Futures; SchoolOfTrade.com



Buying the trap test lows of the channel allowed us to put away a solid 80 ticks this morning on the Gold Futures

In today's video we see Gold coming down to test the channel lows and trap in the sellers BIG TIME down there.

This gave us an opportunity to buy the failure back up and put away $800 on the trade for a beautiful move higher!




We use a simple trading strategy that can be used on ALL markets! When you learn these simple strategies you will be able to make profits on any market you wish to trade, from Futures to Stocks and everything in between.

Join the Trade Room | Click here for your FREE PASS

Channels are by far my favorite when it comes to trading Price Action and these trapped lows really driving the sellers out of the market can produce some absolutely picture perfect setups as we saw in this trade!


Don't forget to join our newsletter on the left side of our blog at www.SidewaysMarkets.com as well. I will send you more simple ways to earn profit just like this to your email inbox!

Also, our FREE TRIAL is an easy way to learn about our trading strategies, so don't forget to register for a week FREE as a member!

Come join us tomorrow in our live trade room as an Advanced Member and you can trade this stuff right along with us!

Join our Free Trial Membership for invitation to our Live Trade Room!

"Feed a man Fish and He eats for a day.
Teach a Man to Fish and He (and his family) will eat for a Lifetime"

===========================================================
Want to see us trade LIVE?  Click here to register for the Free Trial!
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.