5 Ways to Profit from "Traps" on Friday

2 years ago

One more day left, let’s make it count!

Everything’s bearish going into Friday’s trading session…

Emini is bearish, and I'm looking for a bull-trap short off the high of a new “hidden” bear channel…

Nasdaq is bearish, and the size of today’s move tells me to expect some nice “range trades” on Friday…

Crude Oil is bearish, and there’s a perfect spot to “trap in the bulls” up around the low of today’s range…

Lots of easy ways to use “traps” on Friday – don’t miss these…
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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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