With FOMC behind us, time for “Reaction” Thursday…
The day after the FOMC Announcement is one of my favorite days to trade because we get so many great opportunities…
The Emini and Nasdaq were both bullish into ranges today, and this afternoon’s s…
With FOMC behind us, time for “Reaction” Thursday…
The day after the FOMC Announcement is one of my favorite days to trade because we get so many great opportunities…
The Emini and Nasdaq were both bullish into ranges today, and this afternoon’s selloff gives us the perfect opportunity to “snap back” into the range…
Crude Oil is bullish into a range, and I'm excited to “trade the turn” looking for another leg higher tomorrow morning…
I told you to “save your bullets” during today’s FOMC report, and these are the “reaction” trades we’ve been waiting for!
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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 fut..
