Wednesday, July 22, 2015

Gold Futures Day Trading Strategy Review - Selling the channel break 2S

Gold 512V
Gold has had a huge  bear channel working lower that formed a bit of a wedge at the highs.

This wedge gave a FBH offering up a 2S to push price right back down to complete the move.

Overall we pulled out a nice 10, 15, and 34 ticks right back to the lowside.

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