We have a handful of trading-ranges on the charts tonight, which means I’m going to use the ‘pendulum swing’ to find key support and resistance levels to use with my entry patterns tomorrow morning.
--------------------
Learn the Patterns with My Free…
We have a handful of trading-ranges on the charts tonight, which means I’m going to use the ‘pendulum swing’ to find key support and resistance levels to use with my entry patterns tomorrow morning.
--------------------
Learn the Patterns with My Free Trading Course:
http://www.schooloftrade.com/trial
-----------------------------------------
Crude Oil is bullish with a strong spike higher, which tells me to look for two specific long set-ups at two different locations tomorrow morning.
E-Mini S&P is bullish and pulling back to the low of the range, which tells me to use the '2-Try Rule' to find buying opportunities.
Nasdaq is bearish and trying to complete the ‘pendulum swing’ target, and once completed I'm looking for a long set-up back into the range.
Gold is bullish, but the high of the range isn’t a very reliable place to start buying, so I’m going to skip the buy and wait to sell into the bulls stops.
Euro is bearish, but we’re a bit too low to sell here, so I’m waiting for the ‘pendulum swing’ to give me a short set-up off the range high tomorrow morning.
--------------------
Read the FULL Transcript of this Video & Download Today’s Charts:
http://www.sidewaysmarkets.com/
--------------------
Trading Psychology Videos:
https://www.sidewaysmarkets.com/trader-psychology/
--------------------
Become a Member and Join the Trade Room:
http://www.schooloftrade.com/
--------------------
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.
PLEASE DO NOT TRADE DURING TIMES OF..
