Hi Traders,
in these two videos, we'll start with a potential long on the GC. As always, we had a hypothesis (consisting of a setup and a trigger). In this case, the trigger (the price inflection in our "area of business") never happened, so we disabled the system.
Then we turned our attention to a setup on the ES: a gapfill trade with a target three points away. We entered manually (since it wasn't likely that we'd get another price inflection on a 4:1 Renko so close to yesterday's close). The gap was filled as expected, and we were able to remove some profits from the table.
Happy Friday and mindful trading!
Trading the GC with the Remek! System: setup but no trigger. Followed by a gap trade on the ES. - 2017 09 08
ES gap trade - 2017 09 08
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