Wednesday, July 29, 2015

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

Gold 512V
Gold had a very nice bear channel working lower that broke out and expanded into a tiered channel.

We then found price at channel highs for a 2S setup back down to confirm the new expansion.

This gave a great move lower for 10, 18, and 27 ticks back to retest channel lows again.

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