October 22, 2014

Support And Resistance Trading The Gold Futures; SchoolOfTrade.com


Selling the resistance after the fake-break low allowed us to bank 62 ticks this morning on a VERY slow day in the markets.
In today’s video we see the Gold attempting to push lower but forms a fake-break low and pops right back up again.
This gave us an opportunity to sell the break down of the PLOD/Harmonic Resistance for $620!

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Inside Out Patterns are VERY strong when traded properly and are one of my favorite setups. Today was a beautiful example of this where you could have easily bought several of them back up and made some serious cash in very short time!

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