January 5, 2015

Flag Pattern Price Action Trading The Gold Futures; SchoolOfTrade.com

Buying the Flag Patter breakout higher allowed us to bank a quick and solid 31 ticks this morning!
In today’s video we see Gold forming a beautiful Flag Patter to the upside after a VERY aggressive move higher.

This gave us an opportunity to buy the breakout of the Flag Pattern and bank $310 on 1 contract in only a few minutes time.

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Flag Patterns are a phenomenal trading setup as far as patterns go and it one of my favorites for sure. They are SO reliable it is almost ridiculous not to watch them at all times!

 

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