October 7, 2014

Price Action Trading The Gold Futures; SchoolOfTrade.com


Buying the JH Pattern after a failure to push the lows allowed us to bank 115 ticks this morning!
In today’s video we see the Gold Futures failing to push lower and popping higher for us to buy it.

This gave us an opportunity to buy the failure back to the highs for a beautiful $1,150 this morning!

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This setup is what you would call an “Oldy but goody” in that it is one of the first patterns I created. It is a VERY strong pattern and very reliable but doesn’t setup that frequently. When it does it is all hands on deck as it can yield some HUGE trades!

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