July 27, 2015
- in Uncategorized by schooloftrade
WAVE Pattern Trading The Gold Futures; SchoolOfTrade.com
Buying the WAVE Long on Gold allowed us to pick up a great move on the assumed range day for 81 ticks!
In today’s video we see Gold failing the push through the lows and beginning to really give clues of a range day instead of a bear trending day.
This gave us an opportunity to buy that failure back higher and put away a quick and easy $810 on the trade!
Watch more videos on Day Trading with Price Channels HERE!
We use a simple trading strategy that can be used on ALL markets! When you learn these simple strategies you will be able to make profits on any market you wish to trade, from Futures to Stocks and everything in between.
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Channels are my absolute favorite market structure setups and this video is a perfect example as to why that is. They are SO reliable it is insane! You could easily trade channels just by themselves with Price Action and do perfectly fine for yourself.
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