First published at 00:39 UTC on August 8th, 2018.
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80/20 Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Learn the Patterns with My Free Trading Course:
http://www.schooloftrade.com/trial.php
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80/20 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 bullish with a Spike & Range pattern tonight, telling me to focus on buying opportunities using seller-failure down at support levels tomorrow morning...
E-Mini S&P is bullish with an overshoot of the major bull channel, telling me to wait for an overshoot in the opposite direction before looking for more buying opportunities tomorrow morning...
Nasdaq is bullish with a Spike & Range pattern, telling me to look for buying opportunities below the range lows using the '2-Try Rule' tomorrow morning...
Gold is bearish with a triangle pattern, telling me to focus on buyer-failures to sell off the highs of the range tomorrow morning...
Euro is bullish with a flag pattern, telling me to look for buying opportunities using the breakout-pullback and the high of the flag 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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Joseph James, S..
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