VERY high percentage day trade on Gold and Crude Oil Futures

192 views · Published 25 March 2011 · 4:21 · Indexed 25 October 2026

Channel: Joseph James Trading With JJ · 2011 · Education

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http://www.sidewaysmarkets.com/2011/03/very-high-percentage-day-trade-on-gold.html

We finished a challenging, but profitable week in our live trade room, making the most of this sloppy price action at the end of the quarter.
I got short on crude oil this morning at 950am, but I quickly noticed something very interesting...did you see it with me?
We had just broken below the sideways range, and the speed was beginning to slow...giving me the FEEDBACK I needed to get into our biggest winner of the day....to the LONG side.
What did I see at those lows?  And why did I get long for a big winner?

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