{"id":40211,"date":"2015-03-15T15:34:27","date_gmt":"2015-03-15T19:34:27","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=40211"},"modified":"2021-05-06T16:47:26","modified_gmt":"2021-05-06T20:47:26","slug":"the-perfect-10-technical-trade","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/the-perfect-10-technical-trade","title":{"rendered":"The Perfect 10 Technical Trade"},"content":{"rendered":"<p>I ask our traders to only make the *very* best technical trades. \u00a0Judge each technical trade on a scale of 1-10 and take only those 8\/10 or above. \u00a0What is a Perfect 10 Technical Trade? \u00a0It&#8217;s GENE (Genetic Technologies Limited) from the other day when it traded below a huge technical support level and then dropped 30 percent&#8230;in one day&#8230;.while trending cleanly all day&#8230;&#8230;with multiple areas to add size safely.<\/p>\n<p>Let me set up the trade for you&#8230;&#8230;..<\/p>\n<p>On Thursday 2\/19 I saw a Perfect 10 Technical Trade setting up in GENE. \u00a0I rushed into our TV studio and shot a quick video highlighting this significant level to share with our trading community. \u00a0In short, I shared that if GENE got below 8.80 a large short opportunity would appear and it could make a significant downmove.<\/p>\n<p>Here is that video and time-stamped 2\/19 just before the close:<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/qeG8B6jecAw\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Here is the GENE chart and major level I highlighted from that video:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-40212\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/03\/GENEchart1.png\" alt=\"GENEchart1\" width=\"600\" height=\"336\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/03\/GENEchart1.png 852w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/03\/GENEchart1-300x168.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>Here is how GENE traded the very next day, 2\/20, after we noted the short opportunity below 8.80:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-40213\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/03\/GENEfriday.png\" alt=\"GENEfriday\" width=\"600\" height=\"441\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/03\/GENEfriday.png 961w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/03\/GENEfriday-300x220.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>This was a very profitable trade for our desk. \u00a0That Friday night I sent the desk an e-mail. \u00a0The major points were:<\/p>\n<ul>\n<li>*Very* nice!<\/li>\n<li>Enjoy the trade!<\/li>\n<li>How you could have been 50% bigger?<\/li>\n<li>Where could you have been bigger responsibly?<\/li>\n<li>How can you find more trades like this?<\/li>\n<li>There are even better days ahead!<\/li>\n<\/ul>\n<p>This one trade can make your trading month. \u00a0It did for some of our guys.<br \/>\n<a href=\"https:\/\/my.timedriver.com\/LNGMG\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-41514\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/07\/schedcall.gif\" alt=\"schedcall\" width=\"600\" height=\"263\" \/><\/a><\/p>\n<p>*no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I ask our traders to only make the *very* best technical trades. \u00a0Judge each technical trade on a scale of 1-10 and take only those 8\/10 or above. \u00a0What is a Perfect 10 Technical Trade? \u00a0It&#8217;s GENE (Genetic Technologies Limited) from the other day when it traded below a huge technical support level and then dropped 30 percent&#8230;in one day&#8230;.while &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/the-perfect-10-technical-trade\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":40212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[640,2613,726,55],"class_list":["post-40211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","tag-640","tag-perfect","tag-technical","tag-trade"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Perfect 10 Technical Trade | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/the-perfect-10-technical-trade\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Perfect 10 Technical Trade | SMB Training\" \/>\n<meta property=\"og:description\" content=\"I ask our traders to only make the *very* best technical trades. \u00a0Judge each technical trade on a scale of 1-10 and take only those 8\/10 or above. \u00a0What is a Perfect 10 Technical Trade? 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Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/the-perfect-10-technical-trade\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2015-03-15T19:34:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-06T20:47:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2015\/03\/GENEchart1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"852\" \/>\n\t<meta property=\"og:image:height\" content=\"477\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta 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