First published at 00:10 UTC on April 6th, 2018.
Non-Farm Payrolls 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 bullish with a trian…
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Non-Farm Payrolls 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 bullish with a triangle pattern, telling me to fade the breakouts for the most reliable buying opportunities tomorrow morning.
E-Mini S&P is bullish, but the buyers have now been rejected twice at the highs, so my plan tomorrow is buying with seller-failures down below the lows of a short-term trading-range.
Nasdaq is bullish, but lower-highs tell me to wait for a deeper pullback before looking for buying opportunities tomorrow morning.
Gold is bearish with a Spike & Range pattern, telling me this balanced market will give me the best selling-opportunities up above the highs of the range tomorrow morning.
Euro is bearish with a channel, and price sitting on the measured-move tells me to wait for selling-opportunities after a ‘2-legged pullback’ tomorrow morning.
We’re gearing-up for Non-Farm Payroll Friday tomorrow morning which means absolutely ANYTHING is possible, and as always, I have a rock-solid trading plan for the most reliable trading opportunities as we finish this first week of April.
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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 e..
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