First published at 22:36 UTC on March 14th, 2018.
“Slope” Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Read the FULL Transcript of this Video & Download Charts on our Blog:
http://www.sidewaysmarkets.com/
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Crude Oil is bearish and trading insi…
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“Slope” Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
--------------------
Read the FULL Transcript of this Video & Download Charts on our Blog:
http://www.sidewaysmarkets.com/
--------------------
Crude Oil is bearish and trading inside a range, telling me to look for selling-opportunities up above the range highs tomorrow morning because the slope is so flat...
E-Mini S&P is bearish with a flat, almost sideways channel, flat slope, telling me to focus on failures up near the highs for selling-opportunities tomorrow morning.
Nasdaq is bearish with a Spike & Channel, and the slope of this channel is giving me plenty of information for selling-opportunities near the highs tomorrow morning.
Gold is sideways with a triangle, telling me to use the '2-Try Rule' to sell the high and buy the low tomorrow morning.
Euro is sideways with a triangle, telling me to focus on failures and look for opportunities to “fade” the breakouts using failure patterns 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 TRADE DURING TIMES OF MAJOR ECONOMIC NEWS
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Joseph James, SchoolOfTrade.com and United Busin..
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