Wednesday, April 8, 2015

Support and Resistance Trading The Gold Futures;

Selling the retest of resistance allowed us to pick up a quick 68 ticks to the down side this morning!

In today's video we see Gold smashing through support levels and coming back to revisit them as resistance.

This gave us an opportunity to sell the retest and push price down for a beautiful $680 on the trade!

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.

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Support and Resistance is the life blood of the markets and when one side breaks down, they almost always will act as opposition there when prices come back and you can pick up some amazing trades off of those levels!

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