Yesterday’s trades
GC J17 Feb. 22, 2017. 30-minute bars.
Sell: 1251.10–1249.50
Keyline: 1239.50
Buy: 1228.50-1230.50
Good two-way move for gold traders worth about $800 per contract, provided they faded Nat’s sell level by a dollar or so.
The price decline stopped just above her Buy level, which was the exit.
Those who place the exit inside her Buy level made a dandy profit. Those who didn’t saw the initial gains evapourate during the day session.
Today’s workbook
[gview file=”https://www.naturus.com/wp-content/uploads/2017/02/170223daily-trading-worksheet-gold.pdf”]