Thursday, July 30, 2015

Gold Futures Day Trading Strategy Review - Selling the 2S to complete the bear channel

Gold 512V
Gold has had a great push lower on strength with a nice small little channel working down.

This gave us a break attempt back to the EMA and a sell setup on a 2S to reclaim the lows.

We were able to pull in 10, 36, and 1 tick on the final with the lack of follow through from the sellers prior to news.

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