May 14, 2013
- in Uncategorized by schooloftrade
Gold Futures day trading plan
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| Gold Futures Trading Plan |
Our anchor
chart on Gold shows us a downtrend with a red cloud, however, we can see that
we’re trading at the lows of this price-wedge so we know that trying to sell
into the lows will be challenging. This
tells us that selling short will be higher-risk and we will look for buying
opportunities at these lows using the scalping-strategy.
chart on Gold shows us a downtrend with a red cloud, however, we can see that
we’re trading at the lows of this price-wedge so we know that trying to sell
into the lows will be challenging. This
tells us that selling short will be higher-risk and we will look for buying
opportunities at these lows using the scalping-strategy.
