October 4, 2013
- in Uncategorized by schooloftrade
Gold Day Trading Strategy; SchoolOfTrade.com
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| Gold Anchor Chart |
We begin the session with Gold this morning at 820am EST and
we see that there is a short term bullish price-channel on the anchor chart,
however, the opening-print tells us that this market personality is going to be
a range-bound market personality today.
we see that there is a short term bullish price-channel on the anchor chart,
however, the opening-print tells us that this market personality is going to be
a range-bound market personality today.
Our day trading plan for Gold is to watch the market
personality closely, looking for this range-bound market to change its market
personality but while it’s a range-bound market we are selling highs at resistance,
buying lows at support, and avoiding the middle of the trading-range.
personality closely, looking for this range-bound market to change its market
personality but while it’s a range-bound market we are selling highs at resistance,
buying lows at support, and avoiding the middle of the trading-range.
