First published at 00:11 UTC on September 6th, 2018.
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Avoiding the Stop-Run | Crude Oil, Emini, Nasdaq, Gold & Euro
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Read the FULL Transcript of this Video…
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Learn the Patterns with My Free Trading Course:
http://www.schooloftrade.com/trial.php
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Avoiding the Stop-Run | Crude Oil, Emini, Nasdaq, Gold & Euro
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Read the FULL Transcript of this Video & Download Today’s Charts:
http://www.sidewaysmarkets.com/
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Crude Oil is bearish with a wedge pattern, telling me to look for selling-opportunities using buyer-failures and traps up near the highs of the wedge…
E-Mini S&P is range-bound with a triangle, telling me to focus on failures to buy the low and sell the high until we see a successful 123-Breakout…
Nasdaq is bearish with a Spike & Range, telling me to keep looking for selling-opportunities using the '2-Try Rule' up above the range high…
Gold is bearish with a flag pattern, telling me to look for selling-opportunities using a breakout-pullback to the downside…
Euro is bullish with a strong bull run into a range to finish today’s session, telling me to look for buying opportunities using seller-failures below the range low 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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