We’re heading into Friday’s Non-Farm Payroll report, and with such a massive move down today, it’s easy to assume we should be selling short tomorrow as well…
But look closely at the charts – the way we finished today’s session makes it hard for th…
We’re heading into Friday’s Non-Farm Payroll report, and with such a massive move down today, it’s easy to assume we should be selling short tomorrow as well…
But look closely at the charts – the way we finished today’s session makes it hard for the bears to find another good entry tomorrow morning…
Yes, we’re still very bearish, but I'd LOVE to catch the sellers trying to force it lower and use their stops to trigger a short-squeeze running higher…
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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 neither a solicitatio..
