Wow, tomorrow’s looking great!
Markets are range-bound going into Thursday, telling us that breakouts and reversals will be the easiest ways to make money…
The key is waiting for a breakout, then use these (2) reversal patterns to trigger the entr…
Wow, tomorrow’s looking great!
Markets are range-bound going into Thursday, telling us that breakouts and reversals will be the easiest ways to make money…
The key is waiting for a breakout, then use these (2) reversal patterns to trigger the entries!
Emini and Nasdaq are sideways in a range – ranges are magnets, so we’re looking for reversals around the “edges” until we see proof of a breakout!
Crude Oil is bearish with a BIG move down today, an important clue – watch the next pullback closely, and use one of these (3) entry patterns for the entry!
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Chart Timeframes used in this Video:
• Emini ES = 8,000 tick
• Nasdaq = 4,000 tick
• Crude Oil = 2,000 tick
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Economic News:
Please remember that economic news, both scheduled and un-scheduled will increase volatility and decrease liquidity in the market in the short-term, which causes price-action to react inconsistently with the levels of support and resistance mentioned in this video. Trading during economic news reports is dangerous and highly discouraged, no matter what your level of experience.
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Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and Options trading have large potential rewar..
