🙉🙉 REVERSAL ALERT! This *10X BULL TRAP* Might Be BIGGEST Trade of the Week!
Additional Charts Mentioned in the Video:
Emini – https://prnt.sc/-PIfPmNCRVk7
Nasdaq – https://prnt.sc/kx1wpAw1zvsB
Crude Oil – https://prnt.sc/NcQRswP9ZeI3
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End of the month, let’s do this!!
Markets are bearish going into the end of January, and today’s *lazy trend* tells us this BULL TRAP could be one of the easiest 10X trades of the week!
Emini and Nasdaq are bearish, sitting on today’s low – I'd love to short a breakout-pullback going lower, but I'll gladly take this BULL TRAP bounce too!
Crude Oil is bearish, sitting at the low of a wide bear channel – earnings tomorrow could easily give us a reversal, but I'll be looking for BULL TRAPS if they fail!
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Chart Timeframes used in this Video:
• Emini ES = 8,000 tick
• Nasdaq = 4,000 tick
• Crude Oil = 2,000 tick
More Trading Videos on our Blog:
http://www.sidewaysmarkets.com/
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Phone: 800.381.2084
Skype: Megan.James12345
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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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