We’re seeing a lot of range-bound markets on the charts tonight, which means the plan is rather simple; buy low at support, sell high at resistance, and focus on failure patterns going back to the original trading-range…
Momentum is the biggest va…
We’re seeing a lot of range-bound markets on the charts tonight, which means the plan is rather simple; buy low at support, sell high at resistance, and focus on failure patterns going back to the original trading-range…
Momentum is the biggest variable; when strong breakouts occur, don’t force the entry, wait for a “nested” failure pattern to absorb the move.
--------------------
Learn my (4) Four Best Trade Setups with My Free Trading Course:
http://www.schooloftrade.com/trial
Join the Trade Room as an Advanced Member:
http://www.schooloftrade.com/
-----------------------------------------
E-Mini S&P is bullish and trying to complete a full rotation back to retest Monday’s high, but we’re stuck inside the middle of the range. Knowing this, I'll be looking for seller failure patterns at key support levels below the range…
Crude Oil is bullish and trading in the middle of a large triangle range. I don’t want to trade the middle, so I'm going to wait for a breakout and focus on failures with my target back to the middle of the range…
Gold is bullish with a Spike & Range pattern, which tells us look for buy setups using seller failure patterns at key support levels below the range. Knowing this, I'd love to see sellers fail at a support trend-line just below the range…
--------------------
Watch More Videos on our Trading Blog:
http://www.sidewaysmarkets.com/
--------------------
Trading Psychology Videos:
https://www.sidewaysmarkets.com/trader-psychology/
--------------------
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 a..
