June 29, 2015

Gold Futures Day Trading Strategy Review – Selling the spike and ledge on a 2LF

Gold 512V

Gold had a big spike higher after its open which ledged out and completely failed back lower.

This gave us a gorgeous 2LF entry to get on board with the move and sell it smack into the lows.

Overall we pulled out a big runner on this with 10, 41, and 56 ticks to the downside!

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