Once again, our focus was on the finer points of the ‘mechanical’ trade. In this case, we considered a trade in Comex Gold futures that had been recommended the night before. The entry could hardly have been smoother or simpler, with a set-it-and-forget-it bid at 1195.60 and a stop-loss at 1192.80. The futures went no lower than 1194.20 before embarking on a powerful rally that hit 1218.50. The trade could have been worth as much as $2,290 per contract — not bad for a day’s work. At the end of this recording, there is also a detailed game plan for legging into a bullish call spread in TLT if it falls to a Hidden Pivot target at 117.75. Check it out!
