Feb. 3, 2010 Tutorial: A Real Trade in Gold

This session provides a birds-eye view of a bull trade that we initiated in April Gold. Using the midpoint support of a minor downtrend to go bottom-fishing, we got long as the futures turned precisely from the pivot. Although the subsequent rally was a dud, we were able to see it coming by focusing on the tick chart. As a result, we were able to exit the position with a small profit just in time to see the futures break down and head lower. This recording ranks among the best in the archive for purposes of examining the logic of a trade in real time.