FOMC Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro

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We’re headed into the FOMC Announcement on Wednesday, and with a handful of easy trading-ranges on the charts, we’re looking to catch those counter-trend trades on the wrong side of the market – and as always, I have a plan.
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Crude Oil is bullish, but with price-action trading at the high of the range, my plan is to wait for the sellers to try the reversal so I can buy into their stops.

E-Mini S&P is range-bound and balanced, which means the plan is to fade the breakouts, buying low, selling high, and avoiding the middle tomorrow morning.

Nasdaq is bullish as it races back into the range from yesterday, and to avoid chasing the market higher, I’m waiting to get long with “traps”.

Gold is bullish into a trading-range, which means I’m looking to buy the low of the range, and I have a perfect combination set-up waiting for a Hidden Channel.

Euro is range-bound with a bull bias, which tells me to wait for the opportunity to buy into the sellers’ stops as they try to trade breakouts tomorrow morning.

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Read the FULL Transcript of this Video & Download Today’s Charts:
http://www.sidewaysmarkets.com/
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Trading Psychology Videos:
https://www.sidewaysmarkets.com/trader-psychology/
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Contact the office for more information:
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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.
PLEASE DO NOT TRADE DURING TIMES OF MAJOR ECONOMIC NEWS
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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 RULE 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.

Comments

Nahashon small says:

I love your energy man

J A says:

If interest rates don't go up the market should go up pulling oil and gold with it.

Truck My Ad says:

so animated and charismatic. Just a really good presentation.

Patrick Toussaint says:

nice video I also learned something new thanks

1houraday Trader says:

Is this Bobby "Axe" Axelrod From 'Billions' 😉

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