Tuesday, April 14, 2015

Price Action Trading The Channel Break On Gold Futures; SchoolOfTrade.com

Buying the breakout pullback of the channel down allowed us to pick up a solid 136 ticks this morning!

In today's video we see Gold channeling lower and after the news came out, slams through the highs.

This gave us an opportunity to buy pullback retest of the channel to put away a beautiful $1,360 on the trade!

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Channels are phenomenal price setups and when you can get them to come on the backs of the news as well you can get some seriously huge moves in very quick fashion!

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