top of page
Search

10 of 11 Trading Gold Futures on Jobs Friday


SR CounterTrend went 10 for 11 in Gold yesterday. There are some important details and observations for trading Gold Futures on Jobs Friday.


1.) The entry and profit targets were hit within 3 seconds on some of the SR CounterTrend Golds. If you refresh the chart, you still see a winner but on a bar later in the day. You can use look inside bar backtesting down to 1 tick/1 second to see the profit target on the same bar.


2.) Should we expand the profit target on some of these strategies to capture potential breakouts in Gold? Even though we were 10 for 11, capturing only $5 on a $50 move is okay, but we can potentially boost gains if we expand the profit target on a few of these.


3.) Discussion on the $111 gain Gold futures this week based on the settlement from last Friday through todays close at 1700 EST. SR CounterTrend Gold 2024 Active capture $40 of it simply day trading. Holding longer term positions could provide us with the potential gains to capture bigger moves but could also increase account volatility and risk.


4.) A consideration of waiting until after 7:30 to trade on days where the 7:30 economic releases generate flashy moves. This is difficult to test but is on the list.


Everyday there are new observations that could potentially make our strategies better.


The daily trading system signals will be published later this weekend or Monday with the updated Portfolio Calculator. The One Million MNS 110 was down about -1.7% yesterday after being up 2.0% Thursday. We are waiting for the right time to enter live trades this quarter and have not started live yet.

 
 
 

Comments

EXCLUSIVE MARKET AND STRATEGY UPDATES

 Capstone Trading Systems © 2025. All Rights Reserved.

​

U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

​

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

bottom of page