1 year ago

Here are the charts I mentioned in the video!
Emini Bear Trap Levels - https://prnt.sc/QTf1vth-gd8-
Nasdaq 60min Bear Trap Levels - https://prnt.sc/SByqhlwoVuhw
Crude Oil 60min Bear Trap Levels - https://prnt.sc/4cZU1fEuZRT8

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Are you ready for *Reaction* Friday?

Today’s CPI volatility had most traders using ‘small size’ – but tomorrow, we get back to ‘full strength’ to finish the week…

‘Reaction’ Friday is known for giving us fantastic opportunities, and with today’s ranges, these (2) TRAPS are likely where the best money will be made!

Emini and Nasdaq are bullish into ranges – everyone’s looking for a breakout higher, but this BULL TRAP might be the best opportunity we get!

Crude Oil is bullish into a range, and I'd love to use yesterday’s range for an easy ‘Breakout-pullback’ on Friday!

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Chart Timeframes used in this Video:
• Emini ES = 10,000 tick
• Nasdaq = 4,000 tick
• Crude Oil = 1,500 tick

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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 solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. cftc 4.41 These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or-over-compensated for the impact, if any, of certain market factors, such as liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

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