Additional Charts Mentioned in the Video:
Emini 60M – https://prnt.sc/ikq_RRlriVLs
Emini 4HR - https://prnt.sc/tHBnqcALiczS
Nasdaq 60M – https://prnt.sc/WE8giNaHRpyh
Nasdaq 4HR - https://prnt.sc/bZMQnqfudXia
Crude Oil 60M – https://prnt.sc/_Xn8Em8b2uY3
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‘Reaction’ Thursday tomorrow – let’s go!
Everything’s bullish after today’s Fed Announcement, and big moves like these tell us to look for RANGES tomorrow…
Ranges are easy if you know how to trade them – the key is waiting for a breakout, then do the OPPOSITE of what your instincts tell you!
Emini and Nasdaq made big moves higher today – I can't chase the market higher, so I'm waiting for “bear trap” pullbacks, and failed range breakouts!
Crude Oil is bearish into a range, but look closely and you'll see why this 'fake-out breakout' BEAR TRAP is my favorite trade for Thursday!
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Chart Timeframes used in this Video:
• Emini ES = 10,000 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 con..