First published at 23:08 UTC on July 15th, 2020.
We’re seeing nothing but range-bound markets on the charts tonight, which means the plan for tomorrow is rather simple; buy low, sell high, and focus on breakout failures around the edges of the range… let’s go!
--------------------
Learn my (4) Four…
MORE
We’re seeing nothing but range-bound markets on the charts tonight, which means the plan for tomorrow is rather simple; buy low, sell high, and focus on breakout failures around the edges of the range… let’s go!
--------------------
Learn my (4) Four Favorite Set-Ups with My Free Trading Course:
http://www.schooloftrade.com/trial
Become a Member and Join the Trade Room:
http://www.schooloftrade.com/
-----------------------------------------
E-Mini S&P is bullish and range-bound heading into Thursday’s session, and with the bulls in firm control of momentum, my plan is to buy breakout failures below the range or a 123-breakout to new highs tomorrow morning.
Crude Oil is bullish and trying to retest a major high at 41.63 on Thursday; we finished today’s session with a strong spike higher, and I'm looking to get long off the lows of a channel using a 2-try trap pattern…
Gold is bullish and sitting in the middle of today’s range; my goal is to find breakout failure setups at key support levels below the range, such as 1808 and 1804 tomorrow morning.
--------------------
Watch More Videos on our Trading Blog:
http://www.sidewaysmarkets.com/
--------------------
Trading Psychology Videos:
https://www.sidewaysmarkets.com/trader-psychology/
--------------------
Contact the office for more information:
[email protected]
800.381.2084
Skype: Megan.James12345
----------------------------------------------
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.
----------------------------------------------
Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. T..
LESS