First published at 23:34 UTC on February 6th, 2019.
We have some BIG opportunities setting-up for Thursday, but looking closely at the charts, it’s easy to see where traders could get into trouble tomorrow…
My plan tonight is to show you where the best opportunities will be, while avoiding the most …
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We have some BIG opportunities setting-up for Thursday, but looking closely at the charts, it’s easy to see where traders could get into trouble tomorrow…
My plan tonight is to show you where the best opportunities will be, while avoiding the most common traps that result in losses tomorrow morning.
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Crude Oil is bullish into a trading-range, which means I'm looking to buy into seller-failures below the range tomorrow morning.
E-Mini S&P is flat and range-bound tonight, which tells me to focus on failures for both buying and selling opportunities on Thursday.
Nasdaq is range-bound with a bull-bias, which tells me to look for buying opportunities below the range, and I have my eye on a key support level using symmetry.
Gold is bearish with a strong spike lower, which leads me into a Spike & Channel, and I'm looking for selling-opportunities off the high.
Euro is bearish and rolling lower, but the BIG CLUE is what DIDN’T happen in today’s session, and I'm going to use that to my advantage tomorrow morning.
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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 ..
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