First published at 23:14 UTC on April 10th, 2018.
Vacuum Effect Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Vacuum Effect Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
--------------------
Read the FULL Transcript of this Video & Download Charts on our Blog:
http://www.sidewaysmarkets.com/
--------------------
Grab Your FREE PASS with our Free Trial:
http://www.schooloftrade.com/trial.php
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Crude Oil is bullish with a strong “vacuum effect” running higher, and a “grind break” of today’s channel tells me to stay patient for buying opportunities after a deep pullback tomorrow morning.
E-Mini S&P is bullish, but trading at the high of a range, so my plan is to focus on failures for buying opportunities down below the lows of the range tomorrow morning.
Nasdaq is bullish, but we’re approaching the buyers’ target, so rather than buying high, my focus is buying low down in the ‘battle zone’ tomorrow morning.
Gold is bullish and pulling-back off the highs, and I have my eyes on a "hidden channel" for reliable buying opportunities tomorrow morning.
Euro is bullish and trying to re-test the measured-move resistance level overhead, but my eyes are on a support trend-line waiting below us for buying opportunities 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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