Disney is showing potential signs of a stronger pullback, possible reversal. Much of the market is looking the same way at the moment. I don't like any trade right now for the stocks that look like this. I think we need more data to decide a swing direction.
In this video, I cover the SP 500 stocks over their 50-day moving average. We are never had previous highs and have potentially formed a double-top higher high after some climatic activity. If this is a rollover a measured move of the first leg brings us into 3% territory. With rate hikes upon us, it could change the characteristic of this potential downward...
NEM blasted through my take profits. I hope you learned something new from this setup. Its one of the most powerful setups in my bag of tricks.
In this video, I go over the possible trades in the day. I also discussed why I didn't take some trades and what trades I did take. Spoiler alert, the one I took was an Anti setup. Below are some characteristics on the day Yesterday's monster sell-off, price moved toward and sold off at the 50% retracement of yesterday's sell-off. Slow consolidation in...
In this video, I describe my trade idea, how I executed it, and recap the move it is making towards my target. I also briefly explain how I am reducing risk.
In this video, I go over what I am seeing in BTC and why it has the potential fuel to get to GETTEX:48K before moving higher. There has been much weakness in the last few weeks.
I recently closed out a 1.1:1 trade in Rollins. In this video, I describe what I was looking for and why the trade setup worked so nicely. Just a 2 day swing to get paid!
In this video I describe trends, what the are, what a proper trend should look like and ways of indentifying a trend. I cover the following tools to identify trends: Trendlines (with consistency) Internal Trendlines Indicators: Linear regression, EMA, Channels/Bands Pivot swings I think no matter how YOU define a trend, it should be the following...
In this video, I draw random lines on the chart to prove a point. I think we need to ask ourselves the following questions to become better traders: How will I define support and resistance consistently ? How will I use support and resistance in my trading? Do I need support and resistance in my trading? Is support and resistance a reliable measure for...
I'll be day trading live this morning. Come see how I look at charts.
I'll be day trading live this morning. Come see how I look at charts.
I'll be day trading live this morning. Come see how I look at charts.
I'll be day trading live this morning. Come see how I look at charts.
I cover multiple stocks in play this week. CIVI, GPS, HIMS, DD, ROL, APA and a few more. Throughout the video, I provide entries, stops, and take profits. My thoughts on price action for each stock and why I think the stock is in play or not.
I'll be day trading live this morning. Come see how I look at charts.
Looking for a trend entry after DD reversed from a climatic downtrend. The indicators show a new momentum high after a climax. We also see a zero-line entry that was carried out very well. Price is at the top of the band so we are looking for mean reversion with a limit order.
After a solid push higher, GPS consolidated and then seemingly broke out. GPS just hit the top of my bands with a new momentum showing on the oscillator. I am expecting a pullback and have limit order currently set. As price moves I will adjust my limit order until it is either hit or I think the trade is a no good.
On the weekly chart, BTC made a 50% retracement that was very close to being invalidated. The target on this weekly move is $53067.5. Unfortunately a few things need to happen before we can see these levels. The first is an invalidation of the 50% retracement on the daily from recent highs to lows, which is at 45052.61. This would invalidate a bearish move to...