Monday, July 20, 2015

Gold Futures Day Trading Strategy Review - Selling the channel highs on a 2S Delay

Gold 512V
Gold had a channel working lower most of the morning that price respected quite well.

This gave a nice 2S off the highs but required a delay to make sure support wasn't a factor.

Once support gave way, we had a gorgeous sell for 10, 16, and 23 ticks back to prior lows!

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