We’re heading into the biggest news of the week on Thursday morning, and with our favorite markets beginning their collapse off today’s high, I'll be looking for opportunities to ride this momentum back down to weekly lows tomorrow morning…
Ou…
We’re heading into the biggest news of the week on Thursday morning, and with our favorite markets beginning their collapse off today’s high, I'll be looking for opportunities to ride this momentum back down to weekly lows tomorrow morning…
Our biggest challenge is to avoid chasing the market lower tomorrow morning. I'll be staying patient, waiting for my chance to short the pops around key resistance levels overhead. Are you ready? Here’s my plan for Thursday…
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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 with money you can't afford to lose. This is ..
