another profitable day trade on Gold futures contracts, here’s an up-date on this trade…

hey guys, another busy day in the live trade room today, we profited over 150 ticks in the live trade room on only 4 contracts.

Great work from our members today, and we had a great webinar on using slower timeframes at the end of the morning.

did you take this winning trade we called earlier today on the blog?  Click here to see that trade call!

If you joined us in the live trade room we discussed a reversal trade pattern setting up on the gold futures contracts, and we later published that trade call right here on our blog.

we entered short 4 contracts below 41.7 as we posted, and took profit at 38.9 for an initial profit of 27 ticks per contract.

at our first profit target we earned 54 ticks or $540usd, and we are still in this trade short…

My stop has been moved down to my point of entry to protect my profits and eliminate the risk on this trade, i will set my targets and I can get some rest for a few hours. 🙂

Congratulations to our members who profited today from our day trading methods, and I look forward to sharing our methods with our guests tomorrow in our live trade room.

See you @ 745am est!