Looking To A Higher Time Frame: DDD

smbcapitalSMB Video Blogs, Steven Spencer (Steve's) Blogs, Trading IdeasLeave a Comment

Last week I changed my bias in DDD from bearish to bullish. This video clearly explains my reasoning. This video serves as a trading lesson but also as an “after action” report. The second video from our AM Meeting previewed potential price action the day following DDD’s earnings release.

The second video is from our AM Meeting where I shared some thoughts on DDD possible trading patterns for the day. By discussing possible patterns before they occur you are better able to execute trades in the heat of the battle.

Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 18 years. His email address is: [email protected].

Steven Spencer is currently long CLDX, CROX, FB, GOGO, LNKD LQDT, NFLX, PLUG, SCTY, SODA, WAVX and short  KO, MSI, P. He holds bullish options positions in SCTY, NFLX, FB and a bearish position in TWC.

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