Are you watching these momentum swings on Thursday?
We started the week with range-bound markets, but as we saw today, the bulls are struggling to breakout to new highs…
Knowing this, I have to assume buyers are waiting to reload their positions a…
Are you watching these momentum swings on Thursday?
We started the week with range-bound markets, but as we saw today, the bulls are struggling to breakout to new highs…
Knowing this, I have to assume buyers are waiting to reload their positions at lower prices, but the only way we get there is with a deep pullback off the high…
I'd love a deep pullback, but the momentum of the market as it swings off the highs will be extreme, and I want to make sure you know the best entry patterns to capitalize on them. Here’s my game plan for tomorrow...
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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 ..
