Two Favorite Ways to Trade a Reversal (Friday's Plan)

We’re heading into Friday’s trading session, and since tomorrow is the last day of trading for February, and we had such a big move down today, we’re expecting another volatile session to finish the week tomorrow morning…

Speaking of today’s big move lower; markets went three legs down to major support levels, which usually means we get either a range or reversal the following day.

I want to make sure you're ready for both of these situations, so make sure you watch tonight’s video. Here’s my game plan for Friday…
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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.
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Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade ..