We’re back in the action after the Holiday Weekend, and with our favorite markets trading sideways inside of ranges, my focus is trading breakouts on Tuesday morning…
But wait – I'm not talking about the breakout patterns you see in the popula…
We’re back in the action after the Holiday Weekend, and with our favorite markets trading sideways inside of ranges, my focus is trading breakouts on Tuesday morning…
But wait – I'm not talking about the breakout patterns you see in the popular trading books – nope – because my favorite breakout is a FAILED breakout, and tonight’s video will show you why… let’s get started…
--------------------
Learn my (4) Four Favorite Set-Ups with My Free Trading Course:
http://www.schooloftrade.com/trial
Become a Member and Join the Trade Room:
http://www.schooloftrade.com/
-----------------------------------------
E-Mini S&P is bullish with a Spike & Range pattern; this tells me the most reliable buy setups will likely be underneath the range around the edges of the expanding triangle…
Crude Oil is bullish into a wide triangle/range; the bullish momentum tells me to buy below the range, while the triangle tells me to focus on the “edges” for the best entry setups.
Gold is bullish into a narrow Spike & Range; this tells me to look for buy setups below the range, ideally below the previous swing-low at 1788.4, or a 123-breakout if the buyers try making a run for the measured-move target overhead.
--------------------
Watch More Videos on our Trading Blog:
http://www.sidewaysmarkets.com/
--------------------
Trading Psychology Videos:
https://www.sidewaysmarkets.com/trader-psychology/
--------------------
Contact the office for more information:
[email protected]
800.381.2084
Skype: Megan.James12345
----------------------------------------------
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.
---------------------------..
