January 27, 2015
- in Uncategorized by schooloftrade
Price Action Trading The Consolidation Breakout on Gold Futures; SchoolOfTrade.com
Buying the breakout of consolidation allowed us to bank a quick and easy 55 ticks this morning on the Gold Futures!
In today’s video we see the Gold getting stuck in consolidation which finally broke out on news.
This gave us an opportunity to buy the retest of consolidation and lock in $550 on the trade in just a few minutes!
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Consolidation is some of the most predictable price movement you can find and when you see it set up THIS clearly, it is hard to skip the breakout pullback trade!
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