Markets are still waiting on the final approval of the Coronavirus Stimulus Bill, and while we wait, the markets are range-bound and sideways…
I love range-bound markets, because they tell me exactly where to find the best set-ups, and I see three …
Markets are still waiting on the final approval of the Coronavirus Stimulus Bill, and while we wait, the markets are range-bound and sideways…
I love range-bound markets, because they tell me exactly where to find the best set-ups, and I see three important trend-lines to watch for tomorrow – are you ready?
--------------------
Learn my (4) Four Favorite Set-Ups with My Free Trading Course:
http://www.schooloftrade.com/trial
Become a Member and Join the Trade Room:
http://www.schooloftrade.com/
-----------------------------------------
Crude Oil is range-bound with a recent push higher for the bulls, which tells me to keep focused on selling back into the range, but with the recent spike higher, my plan is to wait for a “nested” failure pattern to get short.
E-Mini S&P is bearish and trying to run back down into the range from earlier today, and with a strong move lower, combined with a shallow pullback and a lower-low, I see the opportunity to sell a 2-Try Trap off the high of a new hidden-channel.
Gold is bearish into a narrow trading-range, telling me to look for ways to get short above the range tomorrow morning, and I can see the perfect location where two trend-lines combine together!
--------------------
Watch More Videos on our Trading Blog:
http://www.sidewaysmarkets.com/
--------------------
Trading Psychology Videos:
https://www.sidewaysmarkets.com/trader-psychology/
--------------------
Contact the office for more information:
[email protected]
800.381.2084
Skype: Megan.James12345
----------------------------------------------
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.
----------------------..
