Lest We Forget…
Lest we forget how useful ‘mechanical’ trades are, we dusted off our technique during this session to consider some appealing opportunities. One in gold that filled but did not yield a result before the class ended went on to produce a profit of around $1000 per contract later in the session. It was rated ‘6.8’ – good enough to keep us occupied on an otherwise dull day. There are also some rABC trades, which nearly always seem to work. Because of this, we were particularly careful in determining on the lesser charts whether these trades had actually been do-able.