First published at 22:52 UTC on April 11th, 2018.
Hidden Trend Line Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Hidden Trend Line Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
--------------------
Grab Your FREE Trading Course & Free Pass!
http://www.schooloftrade.com/trial.php
--------------------
Read the FULL Transcript of this Video & Download Charts on our Blog:
http://www.sidewaysmarkets.com/
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Crude Oil is bullish and I have my eyes on the lows of a channel for buying opportunities tomorrow morning.
E-Mini S&P is range-bound with a triangle, which tells me to focus on failures to sell the high and buy the low in tomorrow’s trading session.
Nasdaq is bullish with a wedge pattern, and as this wedge gets narrower I start looking for a deep pullback for buying opportunities in the ‘battle zone’ tomorrow morning.
Gold is bearish and I’m using a "hidden channel", combined with a reversal-line for reliable selling-opportunities tomorrow morning.
Euro is bullish with a wide, almost flat channel, telling me to look for buying opportunities off the lows of the channel starting with seller-failures 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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