First published at 00:01 UTC on September 20th, 2022.
Everyone’s looking for a couple good trades before FOMC on Wednesday, and this *Pullback into Reversal* combination could be the easiest trade of the week!
Emini and Nasdaq are bullish with a strong spike higher – hopefully sellers get short into …
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Everyone’s looking for a couple good trades before FOMC on Wednesday, and this *Pullback into Reversal* combination could be the easiest trade of the week!
Emini and Nasdaq are bullish with a strong spike higher – hopefully sellers get short into this move, because their stops will make the perfect fuel for another leg higher!
Crude Oil is bullish with trying to complete a ‘pendulum-swing’ off last Friday’s range, and this “pop and grind” channel gives us the perfect entry!
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Chart Timeframes used in this Video:
• Emini ES = 10,000 tick
• Nasdaq = 4,000 tick
• Crude Oil = 2,000 tick
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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 willin..
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