First published at 22:52 UTC on April 12th, 2018.
Good Luck Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Good Luck Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
--------------------
Learn the Entry Patterns with our Free Trial:
http://www.schooloftrade.com/trial.php
--------------------
Read the FULL Transcript of this Video & Download Charts on our Blog:
http://www.sidewaysmarkets.com/
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Crude Oil is bullish with a Spike & Channel pattern, telling me to look for buying opportunities down at the low of the channel tomorrow morning.
E-Mini S&P is bullish with a wide wedge pattern, telling me to focus on seller-failures for buying opportunities down at the low of the wedge.
Nasdaq is bullish with a wedge pattern, and the SIZE of this wedge tells me to keep my eyes open for a DEEP pullback in tomorrow’s session.
Gold is bearish with a strong Spike & Channel pattern running lower, and this tells me to wait for selling-opportunities using a “trap high” above the channel tomorrow morning.
Euro is bearish with a beautiful qualified channel, telling me to look for selling-opportunities with a ‘2-legged pullback’ 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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Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are..
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