Trading a Head Fake - Don't Let This Fool You!

Heading into Thursday’s trading session, we have a bunch of potential “head fakes” on the charts tonight…

How? We began the day with strong moves lower, but the afternoon session saw prices rise higher with higher-highs and higher-lows. Don’t let those fool you…

Sellers still have control of this momentum, so I'm hoping we see buyers think these “head fakes” are legit so we can sell into their stops for another leg lower…

Where’s the best entry? What if it still goes higher? Not to worry, I'll cover all the details in tonight’s video. Let’s get started…
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00:00 – Start & Introduction
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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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