Will this Trade Work on Wednesday? I Hope So!
We’re back in the action after the Holiday break and the markets didn’t waste any time kicking off the Fall Trading Season with some big moves today…
The Emini and Gold both had strong runs lower into trading-ranges, so we’re “trading the rotation” while looking for breakouts and reversals on Wednesday…
Nasdaq is the outlier of the group, rotating back and forth inside a wide range; but a recent spike higher for the bulls gives the buyers an awesome opportunity for another leg higher… Can they get it done? Will the breakout trade work?
If you’re trading on Wednesday, you better watch tonight’s video…
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00:00 – Start & Introduction
02:50 – Times to Watch Tomorrow
05:25 – Emini Trading Strategy
13:00 – Quick Start Trading Course
19:55 – Nasdaq Trading Strategy
32:45 – Gold Trading Strategy
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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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