June 23, 2015

Gold Futures Day Trading Strategy Review – Selling the break on a 2S back to lows

Gold 512V

Gold has caught a very nice downward channel pushing lower which had a big spike on the 830EST news breaking the channel.

This allowed a 2S with a bit trapping high candle to hop on board with the move right back down to the lows.

Overall we pulled in 10, 29, and 50 ticks on the sell side right back to channel lows!

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