First published at 23:49 UTC on October 11th, 2018.
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Trade the Momentum Swing | Crude Oil, Emini, Nasdaq, Gold & Euro
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Learn the Patterns with My Free Trading Course:
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Trade the Momentum Swing | Crude Oil, Emini, Nasdaq, Gold & Euro
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Read the FULL Transcript of this Video & Download Today’s Charts:
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Crude Oil is bearish with a Spike & Channel, so we’re looking for selling-opportunities using buyer-failures up near the high of the range…
E-Mini S&P is bullish as it rotates off the low of today’s range, and I have my eyes on a key support trend-line for buying opportunities tomorrow morning...
Nasdaq is bullish with a trading-range, telling me to look for buying opportunities using seller-failures down at the range lows…
Gold is bullish with a Spike & Channel, telling us to look for buying opportunities using “bear traps” below prior swings…
Euro is bullish with a Spike & Range pattern, telling us to look for buying opportunities using seller-failures down below the range low tomorrow morning...
We’re getting ready to wrap-up a CRAZY week of trading with another big opportunity setting-up for Friday 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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