First published at 00:58 UTC on November 21st, 2018.
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Thanksgiving Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Learn the Patterns with My Free Trading Course:
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Thanksgiving Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Read the FULL Transcript of this Video & Download Today’s Charts:
http://www.sidewaysmarkets.com/
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Crude Oil is bearish with a $4.00 move lower, telling me to anticipate a range tomorrow morning and plan to use buyer-failures up above the moving-average for a selling-opportunities…
E-Mini S&P is bearish and trading at the low of a range, telling me to look for selling-opportunities up at the highs, but in the short-term I’m looking for the sellers to fail for a scalp going back up to the highs…
Nasdaq is bearish with a triangle, telling me to fade the breakouts using the 2-Try Failure pattern tomorrow morning...
Gold is bullish with a trading-range, and I’m waiting patiently to look for buying opportunities after the sellers complete the ‘pendulum swing’ off the highs…
Euro is bearish with a strong run lower, so my plan for tomorrow is to find selling-opportunities at the high of this channel before we get to the key support level only a few points below us…
We’re headed into the Thanksgiving Holiday on Thursday, and with a TON of major news on the schedule tomorrow, I’m expecting tomorrow to be a little chaotic, but that’s not going to stop us from finding some reliable trading-opportunities in tonight’s newsletter…
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