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Sold the Highs on Crude Oil and Bought the Lows on Gold as they drop

132 views · Published 1 February 2011 · 8:48 · Indexed 15 October 2026

Channel: Joseph James Trading With JJ · 2011 · Education

http://www.sidewaysmarkets.com/2011/02/sold-highs-on-crude-oil-and-bought-lows.html

Another exciting day in our live trade room, we began the day early and ended up with over 350 ticks of profit.

It all started at 830am this morning when we used our 34-range chart to sell with a wave pattern. That earned us $350usd and got our day off to a great start.

We then had 10am news and that sent the gold market moving quickly to new lows. We know exactly how to trade a falling market....sell the lows? Nope....sell the retracement AFTER we make new lows.

We trade short on gold with wave patterns, took profit at the
LOD, and then bought the LOD with a simple price reversal strategy for 6 back to back winning trades.

We finished our day with plenty of time to answer ALL of your questions...just another day in the live trade room.

Sold the Highs on Crude Oil and Bought the Lows on Gold as they drop

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