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How to Profit from this Head-Fake Reversal on Friday
One more day left this week – let’s make it count!
Everything’s bearish on the charts tonight, but look closely and you'll see it's hard to find any decent sell setups…
The Emini and Nasdaq are bearish into ranges, but you'll see why I'm looking for a head-fake reversal instead…
Crude Oil is bearish too, but it's hard to get long when you see these two ranges stacked on top of each other tonight…
Remember – Fridays are usually a smaller window of trading, so be sure to watch tonight’s video so you're ready for this head-fake reversal!
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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 order to invest in the futures and options m..
Category | Business & Finance |
Sensitivity | Normal - Content that is suitable for ages 16 and over |
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