December 4, 2014

WAVE Trading The Gold Futures; SchoolOfTrade.com

Buying the 456 continuation WAVE to the up side near the channel lows allowed us to bank a quick 64 tick of profit this morning!
In today’s video we see Gold pushing higher right after the open giving us a beautiful 456 continuation WAVE Pattern Long.

This gave us an opportunity to buy a pullback to the Trigger Zone and bank a quick $640 on the trade!


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456 Continuation WAVE Patterns rank up there very closely to the 123 reversal in my book and when they set up near another area of support or resistance, you end up with a beautiful trade like this one!

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