August 12, 2015
- in Uncategorized by schooloftrade
Price Action Trading The Gold Futures Range; SchoolOfTrade.com
Selling the FBH of the range this morning on the Gold Futures allowed us to pick up a solid 127 ticks this morning!
In today’s video we see Gold Futures spiking higher and forming somewhat of a Spike and Ledge Pattern with bears demonstrating control.
This gave us an opportunity to sell with those bears and pull in a gorgeous $1,270 on the trade!
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Price Action Trading in ranges are one of my absolute favorite areas to trade because they are just so predictable. You buy low, sell high. Simple in theory but listening to the clues of the markets and learning how to read WHEN to get in is the most important and we nailed this one to a ‘T’!
Price Action Trading in ranges are one of my absolute favorite areas to trade because they are just so predictable. You buy low, sell high. Simple in theory but listening to the clues of the markets and learning how to read WHEN to get in is the most important and we nailed this one to a ‘T’!
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