Hi traders, Ross here 👋
Yesterday, Pressure Box caught the gold sell-off for +3R. Today it flagged the opposite: a long.
How today played out
- Inside Day on Monday: gold went into compression at the start of the week
- Route B: price broke the low of the range, got pulled back inside, and Pressure Box signalled the long above the VWAPs
- Two targets: first the opening range high, then a 100% range expansion of the Inside Day
- Result: gold hit the 100% range expansion target in the New York session ✅
The takeaway
We’re not married to a direction. Yesterday bearish, today bullish. Same rules, same process. We follow price, wait for the setup and act when the rules line up.
📍 And one I didn’t take
Pressure Box also signalled a move on natural gas, and it worked. I passed on it because it came out of the news and there were too many levels in the way. I don’t trade news.
I trade my setups, and that wasn’t one of mine. Knowing when to sit on your hands matters just as much.
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Ross
Trading involves risk. Results shown are from individual trades and don’t guarantee future results.