First published at 00:12 UTC on May 6th, 2022.
Non-Farm Payrolls comin’ in HOT!
We ended today’s session in a range, and with tomorrow’s Non-Farm Payroll report, you know there’s gonna be plenty of breakout traders to “trap” on the wrong side…
Keep these setups on your radar, and be ready to r…
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Non-Farm Payrolls comin’ in HOT!
We ended today’s session in a range, and with tomorrow’s Non-Farm Payroll report, you know there’s gonna be plenty of breakout traders to “trap” on the wrong side…
Keep these setups on your radar, and be ready to run some stops!
Emini and Nasdaq are bearish into ranges tonight, and I have (3) areas on the chart where I'll be looking for the best entries…
Crude Oil is bearish and range-bound too, and there’s an “expanding triangle” that holds the key to the easiest winners on Friday!
We’ve had a killer week, but don’t let up now – finish strong!
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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 rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in ..
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