First published at 23:20 UTC on April 9th, 2018.
Big Picture Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Read the FULL Transcript of this Video & Download Charts on our Blog:
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Crude Oil is bullish with a Spike…
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Big Picture Trading 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 Spike & Range pattern, telling me to look for buying opportunities below the range low, but it’s the channel that really gets me excited for buying opportunities tomorrow morning.
E-Mini S&P is bearish after collapsing off today’s high, and this strong reversal tells me to use a "hidden channel" for selling-opportunities tomorrow morning.
Nasdaq is bearish with a strong run lower, and I have my sights on a trap-high above the most recent swing for selling-opportunities tomorrow morning.
Gold is bullish with a Spike & Channel pattern, telling me to look for buying opportunities at the low of this channel.
Euro is bullish with a strong Spike & Range pattern to finish today’s session, telling me to look for buying opportunities with seller-failures below the range 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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Jose..
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