Wednesday, September 9, 2015

Gold Futures Day Trading Strategy Review - Selling channel highs 2S HnR Failure

Gold 512V
Gold had a great push down all morning which led into a bear channel along with price.

This bear channel saw prices bounce off it for a 2S HnR Failure to ride the move right back down again.

This gave a push down for 10, 18 and 11 ticks on the final portion with the lack of follow through.

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