All three of the markets Nat trades have been consolidating for the past few days and all three broke out of their consolidation ranges yesterday.
Like oil (but unlike the ES) gold futures broke out to the upside.
Overnight the price dropped to Nat’s keyline, then began moving up as overseas markets became more active.
The exit at Nat’s Sell level was hit shortly after the day session open. For overnight traders it was a fairly straightforward trade with a well-define entry and exit, and little drawdown to discourage the longs and a potential profit of about $600 per contract — the kind of trade you’d like to have every day.
For subscribers to the live trade room there was no real opportunity to short, and they required amended trading instructions in real time in order to catch any part of the move.