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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Friday: noon ET When to trade pullbacks vs. breakouts, how to trade ahead of low-volume holidays, a strong sector for Thanksgiving, debit spreads vs. calls or puts, critical levels for the afternoon, FAANG stocks and fast-moving tickers! Consolidation Likely on Friday Without Any Major Catalysts Markets are moving randomly as we head into the final trading day of the week ahead of the holiday-shortened Thanksgiving week. I said Thursday the market would bounce, or consolidate and grind higher. My money today is on the market won’t rise or fall today but rather grind things out before closing the week. Now, why do I believe that? Because we don’t have major strength or a catalyst, and we have a big holiday coming next week. Fridays also tend to be more of a consolidation day. Crude oil is down off the 50-day moving average and near its eight-day EMA, so I don’t believe it will provide a boost. What about gold? I like what gold is doing, but I’d like to see more follow through. Finally, China also isn’t giving us much of a tailwind… Your First Weekend Income Opportunity Drops at 1 PM TODAY! By the time the market closes today, two types of traders will emerge… Those who'll spend another weekend watching their accounts collect dust… And those who'll get today's weekend income ticker at 1 p.m. ET, place a quick 2-minute trade, then head into their weekend knowing they're positioned for a shot at a Monday morning payday. Which will you be? Because right now, you're just hours away from seeing the exact ticker I'm watching for this weekend. Think about it… While most traders might spend their weekend stressing about Monday's open, studying charts, and hoping to find next week's opportunity... You could be different. While we cannot promise future returns or against losses… By this time tomorrow, you could be out enjoying life — maybe catching up with family, hitting the golf course, or just relaxing… While your weekend trade works for you. 🎥 LIVE TRADE ROOM ACCESS 🎥 Join me and dozens of traders each day inside my LIVE VIP Trade Room! Each day, we analyze the markets together, build relationships and, more importantly… go over market education and new trade ideas! With the VIP Trade Room, you’ll have the opportunity to multiply your trading knowledge and confidence as quickly as possible. I’ll take the time to answer all of your trading questions, so fire away! Make sure to join us LIVE each day! SCHEDULE:
JOIN US HERE: http://rogerscott.com/viproom CUSTOMER STORY OF THE DAY to me Roger you gave some great advise yesterday.You said most of us get into trades too early! I took that advice today and went 9 for 10 with an average of 20% return and most of that took place this morning. You are getting pretty good at this! LOL Let’s see if I can keep it up. The 8 day EmA and Vwap advice about when to enter goes hand in hand and also greatly appreciated. Remember you forgot more than most of us will ever know so don’t take anything you might tell us for granted. — Mermis Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
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