First published at 23:55 UTC on July 19th, 2018.
Hidden Range Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Hidden Range Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Learn the Patterns & Join the Trade Room with our Free Trial:
http://www.schooloftrade.com/trial.php
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Crude Oil is range-bound with bull-bias this evening, telling me to fade the breakouts using the '2-Try Rule' for reliable trading opportunities Friday morning…
E-Mini S&P is bearish and range-bound this evening, telling me to look for reliable selling-opportunities up above the range highs tomorrow morning...
Nasdaq is bearish with a wide, flat channel this evening, telling me to look for selling-opportunities using a “hidden” resistance trend-line tomorrow morning...
Gold is range-bound with a bull bias tonight, telling me to look for buying opportunities using the '2-Try Rule' down below range lows tomorrow morning...
Euro is range-bound with a WIDE range this evening, telling me to fade the breakouts tomorrow morning...
We’re seeing a bunch of “hidden ranges” going into this Summer-Friday Trading Session, which means we’re looking to fade those breakouts 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 discouraged, no matter what your level of experience.
PLEASE DO NOT ..
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