{"id":49629,"date":"2020-02-14T14:56:16","date_gmt":"2020-02-14T19:56:16","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=49629"},"modified":"2020-02-14T14:56:51","modified_gmt":"2020-02-14T19:56:51","slug":"scalping-an-effective-and-highly-profitable-trading-strategy-part-2","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/scalping-an-effective-and-highly-profitable-trading-strategy-part-2","title":{"rendered":"Scalping: An effective and highly profitable trading strategy (part 2)"},"content":{"rendered":"

In this video we continue with part II of our series to introduce an effective and highly profitable trading strategy – scalping. In this lesson for the trading community, we teach in step by step detail, with video of recorded entries and exits, 3 scalp trades in ROKU and BABA to help you grow your trading account.<\/p>\nView Video Transcript<\/strong><\/span>

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in this video we continue with part two<\/div>\n<\/div>\n<\/div>\n
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of our highly popular series to<\/div>\n<\/div>\n<\/div>\n
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introduce an effective and highly<\/div>\n<\/div>\n<\/div>\n
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profitable trading strategy scalping hi<\/div>\n<\/div>\n<\/div>\n
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I’m Mike bellafiore co-founder of SMB<\/div>\n<\/div>\n<\/div>\n
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capital and we’re a proprietary trading<\/div>\n<\/div>\n<\/div>\n
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firm located in midtown Manhattan and<\/div>\n<\/div>\n<\/div>\n
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I’m also the author of the trading<\/div>\n<\/div>\n<\/div>\n
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classic one good trade and the playbook<\/div>\n<\/div>\n<\/div>\n
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in this lesson for the trading community<\/div>\n<\/div>\n<\/div>\n
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we teach in step-by-step detail with<\/div>\n<\/div>\n<\/div>\n
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video of recorded entries and exits 3<\/div>\n<\/div>\n<\/div>\n
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scalp trades in Roku and Baba<\/div>\n<\/div>\n<\/div>\n
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to help you grow your trading account<\/div>\n<\/div>\n<\/div>\n
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[Music]<\/div>\n<\/div>\n<\/div>\n
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last week we did a introduction<\/div>\n<\/div>\n<\/div>\n
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introduction to scalping video and<\/div>\n<\/div>\n<\/div>\n
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really what we were doing in that video<\/div>\n<\/div>\n<\/div>\n
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showing you guys charts I was showing<\/div>\n<\/div>\n<\/div>\n
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you guys the specific setups that I like<\/div>\n<\/div>\n<\/div>\n
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to use in the high beta stocks I’m<\/div>\n<\/div>\n<\/div>\n
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showing you how you know trend following<\/div>\n<\/div>\n<\/div>\n
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with the mas showing you how to take<\/div>\n<\/div>\n<\/div>\n
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those momentum drives in price you know<\/div>\n<\/div>\n<\/div>\n
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and really how to execute the idea of<\/div>\n<\/div>\n<\/div>\n
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scalping the most important thing about<\/div>\n<\/div>\n<\/div>\n
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the previous video was how you know you<\/div>\n<\/div>\n<\/div>\n
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really need to still have that context<\/div>\n<\/div>\n<\/div>\n
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that can help you drive price when<\/div>\n<\/div>\n<\/div>\n
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you’re developing a trade idea you<\/div>\n<\/div>\n<\/div>\n
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always want to make sure there’s some<\/div>\n<\/div>\n<\/div>\n
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wind at your back<\/div>\n<\/div>\n<\/div>\n
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that’ll help some real volume come into<\/div>\n<\/div>\n<\/div>\n
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the stock and drive the price away from<\/div>\n<\/div>\n<\/div>\n
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a key technical level for example so<\/div>\n<\/div>\n<\/div>\n
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just to quickly review what we covered<\/div>\n<\/div>\n<\/div>\n
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in that video you know we established<\/div>\n<\/div>\n<\/div>\n
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that a scalp as a short term momentum<\/div>\n<\/div>\n<\/div>\n
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trade with a very tight stop we want to<\/div>\n<\/div>\n<\/div>\n
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make these trades ideally around a key<\/div>\n<\/div>\n<\/div>\n
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technical level provides a clear<\/div>\n<\/div>\n<\/div>\n
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movement of price when it’s broken or<\/div>\n<\/div>\n<\/div>\n
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held this works best in the high volume<\/div>\n<\/div>\n<\/div>\n
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periods of the day you know first hour<\/div>\n<\/div>\n<\/div>\n
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last hour this isn’t really kind of<\/div>\n<\/div>\n<\/div>\n
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strategy that you want to get locked<\/div>\n<\/div>\n<\/div>\n
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into in the middle of the day and<\/div>\n<\/div>\n<\/div>\n
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there’s not really any volume nothing<\/div>\n<\/div>\n<\/div>\n
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really driving price you know we can<\/div>\n<\/div>\n<\/div>\n
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scalp along a trend if we have a develop<\/div>\n<\/div>\n<\/div>\n
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system for doing so I mentioned in the<\/div>\n<\/div>\n<\/div>\n
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last video some people use RSI trend<\/div>\n<\/div>\n<\/div>\n
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lines I personally use exponential<\/div>\n<\/div>\n<\/div>\n
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moving averages we want to see volume in<\/div>\n<\/div>\n<\/div>\n
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the direction of our scalp that access<\/div>\n<\/div>\n<\/div>\n
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confirmation we want this to happen<\/div>\n<\/div>\n<\/div>\n
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quickly and if it doesn’t happen quickly<\/div>\n<\/div>\n<\/div>\n
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you know we get out of the position<\/div>\n<\/div>\n<\/div>\n
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reading the tape is a vital skill in<\/div>\n<\/div>\n<\/div>\n
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performing scalps and in this video<\/div>\n<\/div>\n<\/div>\n
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we’re actually going to go through and<\/div>\n<\/div>\n<\/div>\n
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and look at some some tape so quickly to<\/div>\n<\/div>\n<\/div>\n
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go over some of the tips you know things<\/div>\n<\/div>\n<\/div>\n
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that we’re going to be looking for in<\/div>\n<\/div>\n<\/div>\n
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the box we’re looking for acceleration<\/div>\n<\/div>\n<\/div>\n
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at the speed of which the tape is<\/div>\n<\/div>\n<\/div>\n
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changing bids and offers we’re looking<\/div>\n<\/div>\n<\/div>\n
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for a flurry of prints in the time and<\/div>\n<\/div>\n<\/div>\n
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sales window in the direction of our<\/div>\n<\/div>\n<\/div>\n
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trade we’re looking for a rapid movement<\/div>\n<\/div>\n<\/div>\n
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and price away from the area we’re<\/div>\n<\/div>\n<\/div>\n
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interested in and then you could also<\/div>\n<\/div>\n<\/div>\n
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make trades based off of large size at a<\/div>\n<\/div>\n<\/div>\n
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technical level there aren’t going to be<\/div>\n<\/div>\n<\/div>\n
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any examples of that in this video maybe<\/div>\n<\/div>\n<\/div>\n
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we’ll do that another time okay so you<\/div>\n<\/div>\n<\/div>\n
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know going off of that these are going<\/div>\n<\/div>\n<\/div>\n
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to be real trades that I took last week<\/div>\n<\/div>\n<\/div>\n
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I’m going to set up the<\/div>\n<\/div>\n<\/div>\n
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arts for show you how the trade worked<\/div>\n<\/div>\n<\/div>\n
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out how its set up and then we’ll dive<\/div>\n<\/div>\n<\/div>\n
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into the real-time tape okay so the<\/div>\n<\/div>\n<\/div>\n
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first trade actually two of the trades<\/div>\n<\/div>\n<\/div>\n
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are gonna be in Roku the daily charts<\/div>\n<\/div>\n<\/div>\n
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gonna set up the same way for both of<\/div>\n<\/div>\n<\/div>\n
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them<\/div>\n<\/div>\n<\/div>\n
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in recent days you know past month two<\/div>\n<\/div>\n<\/div>\n
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months three months this is the daily<\/div>\n<\/div>\n<\/div>\n
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rope who’s been kind of in this down<\/div>\n<\/div>\n<\/div>\n
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trending channel had an explosive day up<\/div>\n<\/div>\n<\/div>\n
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you know has earnings today after the<\/div>\n<\/div>\n<\/div>\n
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close so this week<\/div>\n<\/div>\n<\/div>\n
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they’re having some drives in price<\/div>\n<\/div>\n<\/div>\n
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setting it up for its earnings you know<\/div>\n<\/div>\n<\/div>\n
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we don’t know how they were gonna report<\/div>\n<\/div>\n<\/div>\n
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yet but we had this big explosive day<\/div>\n<\/div>\n<\/div>\n
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we’ll see a trade from that day and then<\/div>\n<\/div>\n<\/div>\n
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a second day gap and go here’s the<\/div>\n<\/div>\n<\/div>\n
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hourly chart and how that set up big<\/div>\n<\/div>\n<\/div>\n
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explosive day from the bottom of the<\/div>\n<\/div>\n<\/div>\n
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channel breaks out from the channel gap<\/div>\n<\/div>\n<\/div>\n
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and go another really strong day so the<\/div>\n<\/div>\n<\/div>\n
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first one we’re gonna do is a trend<\/div>\n<\/div>\n<\/div>\n
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follow scalp I wanted to start out with<\/div>\n<\/div>\n<\/div>\n
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this one because I feel like this is<\/div>\n<\/div>\n<\/div>\n
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kind of easier for traders when they’re<\/div>\n<\/div>\n<\/div>\n
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first starting out you know a lot of the<\/div>\n<\/div>\n<\/div>\n
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trades I make in scoffs or really quick<\/div>\n<\/div>\n<\/div>\n
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momentum drives in the morning and often<\/div>\n<\/div>\n<\/div>\n
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times as a new trader you can hit in<\/div>\n<\/div>\n<\/div>\n
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really quick and get spooked by how<\/div>\n<\/div>\n<\/div>\n
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quick the tape is moving and not really<\/div>\n<\/div>\n<\/div>\n
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be calm and let the trade work out for<\/div>\n<\/div>\n<\/div>\n
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you so this is gonna be a nice example<\/div>\n<\/div>\n<\/div>\n
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of you know I put and put a bid in I was<\/div>\n<\/div>\n<\/div>\n
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trading against the 55 EMA I like to use<\/div>\n<\/div>\n<\/div>\n
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that as my confidence level you know put<\/div>\n<\/div>\n<\/div>\n
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my bid in tags 255 EMA drives away from<\/div>\n<\/div>\n<\/div>\n
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price and I take it to new highs alright<\/div>\n<\/div>\n<\/div>\n
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so quick pause here just to go over some<\/div>\n<\/div>\n<\/div>\n
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things that you know people watching<\/div>\n<\/div>\n<\/div>\n
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might not really understand I talked<\/div>\n<\/div>\n<\/div>\n
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about my color gradient in the last<\/div>\n<\/div>\n<\/div>\n
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video so obviously bid-ask have it<\/div>\n<\/div>\n<\/div>\n
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layered down in colors I like the<\/div>\n<\/div>\n<\/div>\n
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brightest to be the current bid and ask<\/div>\n<\/div>\n<\/div>\n
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you know time and sales anything done on<\/div>\n<\/div>\n<\/div>\n
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the bid is gonna be in red anything done<\/div>\n<\/div>\n<\/div>\n
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on the offer is gonna be in green<\/div>\n<\/div>\n<\/div>\n
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anything between it’s gonna be pink and<\/div>\n<\/div>\n<\/div>\n
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obviously my chart here just has vu app<\/div>\n<\/div>\n<\/div>\n
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on it I don’t have the EMAs on this<\/div>\n<\/div>\n<\/div>\n
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chart I’ll kind of talk you through<\/div>\n<\/div>\n<\/div>\n
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where they are I use thinkorswim they’re<\/div>\n<\/div>\n<\/div>\n
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on a different screen so right away at<\/div>\n<\/div>\n<\/div>\n
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this point the 55 EMA is at 130 206 so<\/div>\n<\/div>\n<\/div>\n
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I’m throwing a bit in looking to get<\/div>\n<\/div>\n<\/div>\n
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filled around that area<\/div>\n<\/div>\n<\/div>\n
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once I get filled there you know my stop<\/div>\n<\/div>\n<\/div>\n
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is essentially if 132 drops<\/div>\n<\/div>\n<\/div>\n
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in any type of way you know if the way I<\/div>\n<\/div>\n<\/div>\n
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get a clothes underneath that 55 EMA I’m<\/div>\n<\/div>\n<\/div>\n
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gonna get out but at this point you know<\/div>\n<\/div>\n<\/div>\n
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put my bid in if I get filled I get<\/div>\n<\/div>\n<\/div>\n
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filled and then I’ll look to try and see<\/div>\n<\/div>\n<\/div>\n
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how it develops look to see if I can<\/div>\n<\/div>\n<\/div>\n
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take this to new highs so I got filled<\/div>\n<\/div>\n<\/div>\n
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for to tears right there you know this<\/div>\n<\/div>\n<\/div>\n
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isn’t going to be a really quick moving<\/div>\n<\/div>\n<\/div>\n
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tape right away<\/div>\n<\/div>\n<\/div>\n
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later in the day it’s about 1:30 it’s<\/div>\n<\/div>\n<\/div>\n
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not doing a ton of volume it just kind<\/div>\n<\/div>\n<\/div>\n
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of tag that area they’re not really<\/div>\n<\/div>\n<\/div>\n
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hitting the bids there’s not really any<\/div>\n<\/div>\n<\/div>\n
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selling it’s kind of just hanging out if<\/div>\n<\/div>\n<\/div>\n
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you want to learn three real-world<\/div>\n<\/div>\n<\/div>\n
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setups that our traders use including<\/div>\n<\/div>\n<\/div>\n
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the simple setup that we teach all of<\/div>\n<\/div>\n<\/div>\n
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our new traders and the setup that<\/div>\n<\/div>\n<\/div>\n
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turned one of our traders into a<\/div>\n<\/div>\n<\/div>\n
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seven-figure big money earner check out<\/div>\n<\/div>\n<\/div>\n
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the free webinar that we’re currently<\/div>\n<\/div>\n<\/div>\n
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running just go ahead and click the link<\/div>\n<\/div>\n<\/div>\n
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that should be appearing right now at<\/div>\n<\/div>\n<\/div>\n
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the top right hand corner of your screen<\/div>\n<\/div>\n<\/div>\n
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that’s gonna open up this free<\/div>\n<\/div>\n<\/div>\n
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registration page in the new window so<\/div>\n<\/div>\n<\/div>\n
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don’t worry you’re not gonna lose this<\/div>\n<\/div>\n<\/div>\n
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video you’re gonna learn more in a<\/div>\n<\/div>\n<\/div>\n
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couple of hours from this trading<\/div>\n<\/div>\n<\/div>\n
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workshop then from years of online<\/div>\n<\/div>\n<\/div>\n
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education so why do I see a little bit<\/div>\n<\/div>\n<\/div>\n
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of movement away in price back up one<\/div>\n<\/div>\n<\/div>\n
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thirty to twenty you know now I’m you<\/div>\n<\/div>\n<\/div>\n
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know twenty thirty cents and the money<\/div>\n<\/div>\n<\/div>\n
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now I’m looking to get an idea in my<\/div>\n<\/div>\n<\/div>\n
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head if this happens quickly and we get<\/div>\n<\/div>\n<\/div>\n
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a big extension up from the 55 maybe<\/div>\n<\/div>\n<\/div>\n
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dish a little bit out see if we can hold<\/div>\n<\/div>\n<\/div>\n
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the nine in the 21 and then start to get<\/div>\n<\/div>\n<\/div>\n
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a little bit more sophisticated with how<\/div>\n<\/div>\n<\/div>\n
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I’m managing my position with the<\/div>\n<\/div>\n<\/div>\n
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overall idea that I think this is going<\/div>\n<\/div>\n<\/div>\n
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to go to 133 minimum<\/div>\n<\/div>\n<\/div>\n
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so I’m layering some offers up you know<\/div>\n<\/div>\n<\/div>\n
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taking some tears out again I’m gonna<\/div>\n<\/div>\n<\/div>\n
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hold a smaller core you know I just got<\/div>\n<\/div>\n<\/div>\n
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40 50 cents<\/div>\n<\/div>\n<\/div>\n
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additionally so I’m out generating cash<\/div>\n<\/div>\n<\/div>\n
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flow around the 9 and 21 EMA if it pulls<\/div>\n<\/div>\n<\/div>\n
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back in I’ll put some more size back on<\/div>\n<\/div>\n<\/div>\n
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and then keep in mind that I’m playing –<\/div>\n<\/div>\n<\/div>\n
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at least take my core of one tear up to<\/div>\n<\/div>\n<\/div>\n
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133 it’s a nice little reaction there 50<\/div>\n<\/div>\n<\/div>\n
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cents a little bit of size not really<\/div>\n<\/div>\n<\/div>\n
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anything I’m too interested in you know<\/div>\n<\/div>\n<\/div>\n
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it’s not like it’s been really developed<\/div>\n<\/div>\n<\/div>\n
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as that hard as a technical level yet<\/div>\n<\/div>\n<\/div>\n
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I’m more interested in the highs 75<\/div>\n<\/div>\n<\/div>\n
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cents perhaps<\/div>\n<\/div>\n<\/div>\n
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so I’m back down to just a core so at<\/div>\n<\/div>\n<\/div>\n
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this point you know it’s spending a<\/div>\n<\/div>\n<\/div>\n
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little bit of time here you can see a<\/div>\n<\/div>\n<\/div>\n
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lot of prints start coming in now it’s<\/div>\n<\/div>\n<\/div>\n
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skipping above 50 cents it’s into the<\/div>\n<\/div>\n<\/div>\n
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60s the high of the day is 77 cents so<\/div>\n<\/div>\n<\/div>\n
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now in my head I’m hitting quickly here<\/div>\n<\/div>\n<\/div>\n
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I added another tear you know we’re<\/div>\n<\/div>\n<\/div>\n
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breaking above the high that we just<\/div>\n<\/div>\n<\/div>\n
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made before we pulled into the 55 I’m up<\/div>\n<\/div>\n<\/div>\n
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to two tears again looking to see what<\/div>\n<\/div>\n<\/div>\n
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happens in 133 already you can see the<\/div>\n<\/div>\n<\/div>\n
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volume coming in here is very nice<\/div>\n<\/div>\n<\/div>\n
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highest volume we’ve seen since the<\/div>\n<\/div>\n<\/div>\n
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previous drive up I have in my head this<\/div>\n<\/div>\n<\/div>\n
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is definitely gonna probably extend this<\/div>\n<\/div>\n<\/div>\n
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move a little bit we’re making high of<\/div>\n<\/div>\n<\/div>\n
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day so now just for my own sake this is<\/div>\n<\/div>\n<\/div>\n
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getting a little bit of an extended<\/div>\n<\/div>\n<\/div>\n
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candle now I’ll dish some out ahead of<\/div>\n<\/div>\n<\/div>\n
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133 see if we can break<\/div>\n<\/div>\n<\/div>\n
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so oftentimes what you’ll see happen is<\/div>\n<\/div>\n<\/div>\n
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you’ll see a stock come up to a whole<\/div>\n<\/div>\n<\/div>\n
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number there’ll be a ton of size on the<\/div>\n<\/div>\n<\/div>\n
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offer there and it’ll need to retrace<\/div>\n<\/div>\n<\/div>\n
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sometimes it could be like a 50 60 cent<\/div>\n<\/div>\n<\/div>\n
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retracement maybe it retraces this whole<\/div>\n<\/div>\n<\/div>\n
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move and fails but considering we tagged<\/div>\n<\/div>\n<\/div>\n
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90 cents then pulled in a little bit you<\/div>\n<\/div>\n<\/div>\n
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know let the buyers reload in the low<\/div>\n<\/div>\n<\/div>\n
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80s<\/div>\n<\/div>\n<\/div>\n
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I took those offers out ahead of 90<\/div>\n<\/div>\n<\/div>\n
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cents now I’m thinking that we’re gonna<\/div>\n<\/div>\n<\/div>\n
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break it was kind of overthinking it you<\/div>\n<\/div>\n<\/div>\n
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know what are the odds we’d make a<\/div>\n<\/div>\n<\/div>\n
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13-cent new high or 23-inch cent new<\/div>\n<\/div>\n<\/div>\n
\n
\n
high and fail from 133 markets strong<\/div>\n<\/div>\n<\/div>\n
\n
\n
just doesn’t really make any sense so<\/div>\n<\/div>\n<\/div>\n
\n
\n
instead I actually added another lot for<\/div>\n<\/div>\n<\/div>\n
\n
\n
momentum as soon as I could kind of tell<\/div>\n<\/div>\n<\/div>\n
\n
\n
that they’re about to break it so you<\/div>\n<\/div>\n<\/div>\n
\n
\n
can see it’s stalling at 90 cents a lot<\/div>\n<\/div>\n<\/div>\n
\n
\n
of green prints coming in you know no<\/div>\n<\/div>\n<\/div>\n
\n
\n
red prints on the side they’re 96 cents<\/div>\n<\/div>\n<\/div>\n
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\n
I add another lot you could see the size<\/div>\n<\/div>\n<\/div>\n
\n
\n
at 133 but given the context of the move<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m not really thinking that 133 is<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna hold maybe it has like a 10 cent<\/div>\n<\/div>\n<\/div>\n
\n
\n
pull in 15 cent pollen you know I’m not<\/div>\n<\/div>\n<\/div>\n
\n
\n
trying to overthink it too much you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m essentially long from quite a bit<\/div>\n<\/div>\n<\/div>\n
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away you know this is what you call<\/div>\n<\/div>\n<\/div>\n
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being in the driver’s seat<\/div>\n<\/div>\n<\/div>\n
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\n
you know when stocks trending nicely and<\/div>\n<\/div>\n<\/div>\n
\n
\n
and things are going well there’s not<\/div>\n<\/div>\n<\/div>\n
\n
\n
really too much to think about here and<\/div>\n<\/div>\n<\/div>\n
\n
\n
I have a momentum lot on I’m not kicking<\/div>\n<\/div>\n<\/div>\n
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the momentum lot on unless the high of<\/div>\n<\/div>\n<\/div>\n
\n
\n
day drops this gets back underneath 70<\/div>\n<\/div>\n<\/div>\n
\n
\n
cents just looks like buyers need to<\/div>\n<\/div>\n<\/div>\n
\n
\n
reload real quick<\/div>\n<\/div>\n<\/div>\n
\n
\n
so a little bit of a pull back to<\/div>\n<\/div>\n<\/div>\n
\n
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underneath eighty three bids instantly<\/div>\n<\/div>\n<\/div>\n
\n
\n
still not trying to overthink this too<\/div>\n<\/div>\n<\/div>\n
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much<\/div>\n<\/div>\n<\/div>\n
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making sure this 70 cent area is holding<\/div>\n<\/div>\n<\/div>\n
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bidding it back up you can see there’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
no volume on any of these Poland’s no so<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m still not trying to overthink it too<\/div>\n<\/div>\n<\/div>\n
\n
\n
hard now we’re back up into this 90 cent<\/div>\n<\/div>\n<\/div>\n
\n
\n
area you know I want to see some good<\/div>\n<\/div>\n<\/div>\n
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\n
bids I want to see the tape speed up see<\/div>\n<\/div>\n<\/div>\n
\n
\n
it flurry into this move and see if we<\/div>\n<\/div>\n<\/div>\n
\n
\n
can get a nice break about 133 you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m still I’m still holding I’m up to<\/div>\n<\/div>\n<\/div>\n
\n
\n
the maximum amount of Tears I don’t want<\/div>\n<\/div>\n<\/div>\n
\n
\n
to be in for this trade at this point so<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m putting some offers up above 133 you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know sometimes you flurry above the<\/div>\n<\/div>\n<\/div>\n
\n
\n
whole number and then they trace it back<\/div>\n<\/div>\n<\/div>\n
\n
\n
down considering I’m scalping at this<\/div>\n<\/div>\n<\/div>\n
\n
\n
point I want to be pretty quick<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know another quick note to mention<\/div>\n<\/div>\n<\/div>\n
\n
\n
while we wait for this to break see a<\/div>\n<\/div>\n<\/div>\n
\n
\n
lot of guys scalping on like you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
two or three-minute time frames and<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s possible too it needs to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
around a technical level just so we get<\/div>\n<\/div>\n<\/div>\n
\n
\n
the nice break through 133 if you think<\/div>\n<\/div>\n<\/div>\n
\n
\n
about I’ve only been in this trade for<\/div>\n<\/div>\n<\/div>\n
\n
\n
10 minutes you know that’s is still a<\/div>\n<\/div>\n<\/div>\n
\n
\n
scalp you know I’m not holding this all<\/div>\n<\/div>\n<\/div>\n
\n
\n
day my average trade here is probably<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna be less than 15 minutes so I think<\/div>\n<\/div>\n<\/div>\n
\n
\n
I layer some offers up here get taken<\/div>\n<\/div>\n<\/div>\n
\n
\n
for to tears there on the spike up to<\/div>\n<\/div>\n<\/div>\n
\n
\n
130 320 you know layered them out all<\/div>\n<\/div>\n<\/div>\n
\n
\n
the way up through the thrust now I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking to see if you get another drive<\/div>\n<\/div>\n<\/div>\n
\n
\n
forward took out a half a tear up there<\/div>\n<\/div>\n<\/div>\n
\n
\n
now I just have a half a tear trailer on<\/div>\n<\/div>\n<\/div>\n
\n
\n
sometimes you walk into you know a<\/div>\n<\/div>\n<\/div>\n
\n
\n
little bit better betrayed than you<\/div>\n<\/div>\n<\/div>\n
\n
\n
expected for the scalp for me I like to<\/div>\n<\/div>\n<\/div>\n
\n
\n
leave on maybe a quarter or like a sixth<\/div>\n<\/div>\n<\/div>\n
\n
\n
of my size basically what ends up being<\/div>\n<\/div>\n<\/div>\n
\n
\n
like half a tear depending on how big I<\/div>\n<\/div>\n<\/div>\n
\n
\n
got and just let that go especially if<\/div>\n<\/div>\n<\/div>\n
\n
\n
the trends moving really nicely and then<\/div>\n<\/div>\n<\/div>\n
\n
\n
just put a stop underneath the 55 EMA<\/div>\n<\/div>\n<\/div>\n
\n
\n
and go and do other things any questions<\/div>\n<\/div>\n<\/div>\n
\n
\n
about this one before I move on cool yes<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know these examples are gonna be<\/div>\n<\/div>\n<\/div>\n
\n
\n
super self-explanatory you know you want<\/div>\n<\/div>\n<\/div>\n
\n
\n
to buy bit you want to set your<\/div>\n<\/div>\n<\/div>\n
\n
\n
set your bids in you know be really<\/div>\n<\/div>\n<\/div>\n
\n
\n
diligent about your prices now this next<\/div>\n<\/div>\n<\/div>\n
\n
\n
one is gonna be you know a great example<\/div>\n<\/div>\n<\/div>\n
\n
\n
of what I like to call dip and rip so<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’ve gone over there’s so many times in<\/div>\n<\/div>\n<\/div>\n
\n
\n
the morning meetings you know I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking for a stock that has a<\/div>\n<\/div>\n<\/div>\n
\n
\n
relatively tight pre market range you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know it’s just so happens to be the next<\/div>\n<\/div>\n<\/div>\n
\n
\n
day in Roku so think about it the day<\/div>\n<\/div>\n<\/div>\n
\n
\n
before very strong stock gapped up any<\/div>\n<\/div>\n<\/div>\n
\n
\n
type of you know kind of spooky moving<\/div>\n<\/div>\n<\/div>\n
\n
\n
them in the early morning to get anybody<\/div>\n<\/div>\n<\/div>\n
\n
\n
bought in the pre-market out as soon as<\/div>\n<\/div>\n<\/div>\n
\n
\n
that gets back into this pre market<\/div>\n<\/div>\n<\/div>\n
\n
\n
range breaks the pre-market hi you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m gonna hit in for momentum<\/div>\n<\/div>\n<\/div>\n
\n
\n
so essentially what ends up happening is<\/div>\n<\/div>\n<\/div>\n
\n
\n
see it dip gets back up breaks into this<\/div>\n<\/div>\n<\/div>\n
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\n
area I hit in one lot then I hit in two<\/div>\n<\/div>\n<\/div>\n
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\n
lots and I take those Lots up into for a<\/div>\n<\/div>\n<\/div>\n
\n
\n
nice quick moment to move and then again<\/div>\n<\/div>\n<\/div>\n
\n
\n
I just leave on a trailer that ends up<\/div>\n<\/div>\n<\/div>\n
\n
\n
trending nicely for me later on so this<\/div>\n<\/div>\n<\/div>\n
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\n
one would be a little quicker keep<\/div>\n<\/div>\n<\/div>\n
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\n
everyone on their toes<\/div>\n<\/div>\n<\/div>\n
\n
\n
so right away Roku has already done the<\/div>\n<\/div>\n<\/div>\n
\n
\n
dip it’s gotten back above 136 and right<\/div>\n<\/div>\n<\/div>\n
\n
\n
away I’m seeing it come in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
pre-market highs 13650 I’m already in<\/div>\n<\/div>\n<\/div>\n
\n
\n
before then giving a kind of a second<\/div>\n<\/div>\n<\/div>\n
\n
\n
here you know it’s really fast as soon<\/div>\n<\/div>\n<\/div>\n
\n
\n
as it breaks above 13650 you know this<\/div>\n<\/div>\n<\/div>\n
\n
\n
story it’s working you know I mean the<\/div>\n<\/div>\n<\/div>\n
\n
\n
money I don’t really have to worry about<\/div>\n<\/div>\n<\/div>\n
\n
\n
anything breaks 50 cents you know not<\/div>\n<\/div>\n<\/div>\n
\n
\n
really any size they’re already 60 70<\/div>\n<\/div>\n<\/div>\n
\n
\n
cents and the money so at this point I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the driver seat you know puts in that<\/div>\n<\/div>\n<\/div>\n
\n
\n
a quick initial high at one thirty seven<\/div>\n<\/div>\n<\/div>\n
\n
\n
thirty not really thinking too hard<\/div>\n<\/div>\n<\/div>\n
\n
\n
about it you know maybe I’ll take a<\/div>\n<\/div>\n<\/div>\n
\n
\n
tear-off ahead of there just to kind of<\/div>\n<\/div>\n<\/div>\n
\n
\n
lock some in then let a full tier kind<\/div>\n<\/div>\n<\/div>\n
\n
\n
of trend a little bit further you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is happening in less than you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
a minute very quick trade that’s how<\/div>\n<\/div>\n<\/div>\n
\n
\n
these will set up on the open so I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
still in my two tiers it’s coming up<\/div>\n<\/div>\n<\/div>\n
\n
\n
towards 138 you know I want to move this<\/div>\n<\/div>\n<\/div>\n
\n
\n
quick like to dish some out around a<\/div>\n<\/div>\n<\/div>\n
\n
\n
whole number so I’m putting some offers<\/div>\n<\/div>\n<\/div>\n
\n
\n
up<\/div>\n<\/div>\n<\/div>\n
\n
\n
so get filled on some up there still<\/div>\n<\/div>\n<\/div>\n
\n
\n
holding a tear see if it can break that<\/div>\n<\/div>\n<\/div>\n
\n
\n
one 3770 seeing some size come in at the<\/div>\n<\/div>\n<\/div>\n
\n
\n
50 cent area you know not really<\/div>\n<\/div>\n<\/div>\n
\n
\n
thinking too hard about that it’s so<\/div>\n<\/div>\n<\/div>\n
\n
\n
easy to think you see things on the tape<\/div>\n<\/div>\n<\/div>\n
\n
\n
but when you have momentum like that<\/div>\n<\/div>\n<\/div>\n
\n
\n
like this thing just went what a dollar<\/div>\n<\/div>\n<\/div>\n
\n
\n
and a half above the pre-market high<\/div>\n<\/div>\n<\/div>\n
\n
\n
instantly you can see that candle right<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s what two points so there’s a lot<\/div>\n<\/div>\n<\/div>\n
\n
\n
of wind at my back here I’m not really<\/div>\n<\/div>\n<\/div>\n
\n
\n
too worried about you know where my stop<\/div>\n<\/div>\n<\/div>\n
\n
\n
is or do I have a trailer on like do I<\/div>\n<\/div>\n<\/div>\n
\n
\n
leave some on I’m just letting the trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
work sitting back riding the momentum<\/div>\n<\/div>\n<\/div>\n
\n
\n
until it stops<\/div>\n<\/div>\n<\/div>\n
\n
\n
so at this point I’m down to one tear I<\/div>\n<\/div>\n<\/div>\n
\n
\n
got some out ahead of 138 luring some<\/div>\n<\/div>\n<\/div>\n
\n
\n
offers up for another half tear<\/div>\n<\/div>\n<\/div>\n
\n
\n
nice little thrust up here you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
again I’m putting an offer out ahead of<\/div>\n<\/div>\n<\/div>\n
\n
\n
139 really nice drive there<\/div>\n<\/div>\n<\/div>\n
\n
\n
and ask the extra dough should happen<\/div>\n<\/div>\n<\/div>\n
\n
\n
now in diamonds cells if you should<\/div>\n<\/div>\n<\/div>\n
\n
\n
start thinking about the whole position<\/div>\n<\/div>\n<\/div>\n
\n
\n
so what are you asking what do I need to<\/div>\n<\/div>\n<\/div>\n
\n
\n
see in the time and sales that would get<\/div>\n<\/div>\n<\/div>\n
\n
\n
me to hold everything I have I’m not<\/div>\n<\/div>\n<\/div>\n
\n
\n
really gonna go off the time in sales<\/div>\n<\/div>\n<\/div>\n
\n
\n
anymore the time in sales is what I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking to see on the original break of<\/div>\n<\/div>\n<\/div>\n
\n
\n
the technical level the time and sales<\/div>\n<\/div>\n<\/div>\n
\n
\n
are a lot more important later on in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
day if I’m looking to see new momentum<\/div>\n<\/div>\n<\/div>\n
\n
\n
come in so for that first example I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
putting bids in you know I’m looking for<\/div>\n<\/div>\n<\/div>\n
\n
\n
two for there to be a kind of curl and a<\/div>\n<\/div>\n<\/div>\n
\n
\n
drive away in price that’s what I want<\/div>\n<\/div>\n<\/div>\n
\n
\n
to see the time and sales speed up see<\/div>\n<\/div>\n<\/div>\n
\n
\n
how much green there is there’s only one<\/div>\n<\/div>\n<\/div>\n
\n
\n
two three four five red prints there<\/div>\n<\/div>\n<\/div>\n
\n
\n
like that’s what I want to see in that<\/div>\n<\/div>\n<\/div>\n
\n
\n
example but for this example considering<\/div>\n<\/div>\n<\/div>\n
\n
\n
the price is what’s guiding me and the<\/div>\n<\/div>\n<\/div>\n
\n
\n
speed of the tape you could see how the<\/div>\n<\/div>\n<\/div>\n
\n
\n
bids and the offers are just scooting up<\/div>\n<\/div>\n<\/div>\n
\n
\n
really fast it’s not staying anywhere<\/div>\n<\/div>\n<\/div>\n
\n
\n
for too long at that point it’s probably<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna be kind of impossible to read the<\/div>\n<\/div>\n<\/div>\n
\n
\n
time in sales you know if we went back<\/div>\n<\/div>\n<\/div>\n
\n
\n
really quickly you know and you look at<\/div>\n<\/div>\n<\/div>\n
\n
\n
the time in sales here like I you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m seeing a lot of green but I can’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
see what prices those are at you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m also watching the tape you know I<\/div>\n<\/div>\n<\/div>\n
\n
\n
just know you know out of my peripheral<\/div>\n<\/div>\n<\/div>\n
\n
\n
vision that there’s a lot of green<\/div>\n<\/div>\n<\/div>\n
\n
\n
getting printed and I’m not too<\/div>\n<\/div>\n<\/div>\n
\n
\n
interested not too worried about this<\/div>\n<\/div>\n<\/div>\n
\n
\n
move slowing down and I also have a feel<\/div>\n<\/div>\n<\/div>\n
\n
\n
for the stock of a pretty good idea that<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s gonna be strong momentum here<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know the tape is skipping prices all<\/div>\n<\/div>\n<\/div>\n
\n
\n
over the place the spreads always<\/div>\n<\/div>\n<\/div>\n
\n
\n
tightening up towards the offers so you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know I’m not really too worried about<\/div>\n<\/div>\n<\/div>\n
\n
\n
what the time in sales is doing and I<\/div>\n<\/div>\n<\/div>\n
\n
\n
have a plan so my plan is like around<\/div>\n<\/div>\n<\/div>\n
\n
\n
every whole number I’ll take a half tear<\/div>\n<\/div>\n<\/div>\n
\n
\n
off I know the ATR the stock I know what<\/div>\n<\/div>\n<\/div>\n
\n
\n
to expect in this type of a move you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know it’s ripping up into I think<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s not really resistance at this<\/div>\n<\/div>\n<\/div>\n
\n
\n
time until maybe like 142 so I have in<\/div>\n<\/div>\n<\/div>\n
\n
\n
the back of my head a price target that<\/div>\n<\/div>\n<\/div>\n
\n
\n
I want to at least bring my trailer to<\/div>\n<\/div>\n<\/div>\n
\n
\n
but as far as scalping goes for momentum<\/div>\n<\/div>\n<\/div>\n
\n
\n
as soon as I see the tape start to slow<\/div>\n<\/div>\n<\/div>\n
\n
\n
down around any type of offers or<\/div>\n<\/div>\n<\/div>\n
\n
\n
something like that I have to be out<\/div>\n<\/div>\n<\/div>\n
\n
\n
because in this particular instance you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know if you look at this stock here this<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock could pull all the way down to 130<\/div>\n<\/div>\n<\/div>\n
\n
\n
650 and then bounce but that’s going to<\/div>\n<\/div>\n<\/div>\n
\n
\n
be a new trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
for me I want to be out of most of my<\/div>\n<\/div>\n<\/div>\n
\n
\n
size up there so if it pulls back into<\/div>\n<\/div>\n<\/div>\n
\n
\n
13650 I can put on a new trade with a<\/div>\n<\/div>\n<\/div>\n
\n
\n
new stop targeting a much higher price<\/div>\n<\/div>\n<\/div>\n
\n
\n
later on but considering this happened<\/div>\n<\/div>\n<\/div>\n
\n
\n
these are two minute candles actually<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is one minute candles one two three<\/div>\n<\/div>\n<\/div>\n
\n
\n
four five it’s been five minutes and<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’ve already gotten you know almost five<\/div>\n<\/div>\n<\/div>\n
\n
\n
points out of the trade you know I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
good on that you know I don’t really<\/div>\n<\/div>\n<\/div>\n
\n
\n
need to be a hero here there’s other<\/div>\n<\/div>\n<\/div>\n
\n
\n
things moving you know I have an entire<\/div>\n<\/div>\n<\/div>\n
\n
\n
rest of the day left I’m okay with<\/div>\n<\/div>\n<\/div>\n
\n
\n
taking my chops there and maybe letting<\/div>\n<\/div>\n<\/div>\n
\n
\n
it set up when he’s great right right<\/div>\n<\/div>\n<\/div>\n
\n
\n
exactly exactly once you are in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade you’re just yep<\/div>\n<\/div>\n<\/div>\n
\n
\n
yep going by my plan putting out offers<\/div>\n<\/div>\n<\/div>\n
\n
\n
where I expect the price to to go to and<\/div>\n<\/div>\n<\/div>\n
\n
\n
then you know not overthinking too much<\/div>\n<\/div>\n<\/div>\n
\n
\n
of what happened what’s happening on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
tape at that point yeah so you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s essentially the end of this trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
I get back down to a trailer lot like<\/div>\n<\/div>\n<\/div>\n
\n
\n
you saw in the in the chart it spends a<\/div>\n<\/div>\n<\/div>\n
\n
\n
lot of time hanging out up here you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
I ended up building into another<\/div>\n<\/div>\n<\/div>\n
\n
\n
position here you know that’s I started<\/div>\n<\/div>\n<\/div>\n
\n
\n
position trading off of the feeler so<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know you always got to have two<\/div>\n<\/div>\n<\/div>\n
\n
\n
different plans my scalping plan is for<\/div>\n<\/div>\n<\/div>\n
\n
\n
momentum I’m gonna take big size I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna be out of it quick<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then depending on whether or not it<\/div>\n<\/div>\n<\/div>\n
\n
\n
holds up maybe it Flags maybe it makes<\/div>\n<\/div>\n<\/div>\n
\n
\n
some type of wedge up here then I could<\/div>\n<\/div>\n<\/div>\n
\n
\n
start a new trade put on more size have<\/div>\n<\/div>\n<\/div>\n
\n
\n
tighter risk and it’s not so much of a I<\/div>\n<\/div>\n<\/div>\n
\n
\n
need to react quickly okay so the last<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade is gonna be kind of a similar idea<\/div>\n<\/div>\n<\/div>\n
\n
\n
and that I’m looking for momentum early<\/div>\n<\/div>\n<\/div>\n
\n
\n
but what happens here is Baba had you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know this is the hourly on Baba<\/div>\n<\/div>\n<\/div>\n
\n
\n
was kind of pulling in a little bit on<\/div>\n<\/div>\n<\/div>\n
\n
\n
the hourly and then was gapping up after<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know closing in the middle of its<\/div>\n<\/div>\n<\/div>\n
\n
\n
range the previous day comes up in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
morning it was kind of opening towards<\/div>\n<\/div>\n<\/div>\n
\n
\n
the top of its pre market range big<\/div>\n<\/div>\n<\/div>\n
\n
\n
selling comes in early you know big<\/div>\n<\/div>\n<\/div>\n
\n
\n
volume pukes it all the way down to the<\/div>\n<\/div>\n<\/div>\n
\n
\n
bottom of the pre-market range Spike’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
up a little bit comes making some<\/div>\n<\/div>\n<\/div>\n
\n
\n
marginal new low and then starts to<\/div>\n<\/div>\n<\/div>\n
\n
\n
really tighten up here under view app so<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is a pattern I like for a potential<\/div>\n<\/div>\n<\/div>\n
\n
\n
squeeze play you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
on higher time frames I was expecting<\/div>\n<\/div>\n<\/div>\n
\n
\n
Baba to kind of have a stronger move you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know if we really dived into it what was<\/div>\n<\/div>\n<\/div>\n
\n
\n
it selling off on the market wasn’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
really necessarily weak you know I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
thinking that anyone who’s looking to<\/div>\n<\/div>\n<\/div>\n
\n
\n
short you know short the bounce short<\/div>\n<\/div>\n<\/div>\n
\n
\n
the bounce they think it’s gonna trend<\/div>\n<\/div>\n<\/div>\n
\n
\n
down today they think it’s really gonna<\/div>\n<\/div>\n<\/div>\n
\n
\n
have a super weak day the opening drive<\/div>\n<\/div>\n<\/div>\n
\n
\n
lower you know fail from vu app now it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
pressing against vo these are such great<\/div>\n<\/div>\n<\/div>\n
\n
\n
prices for me to get short get short you<\/div>\n<\/div>\n<\/div>\n
\n
\n
can kind of see the volume just really<\/div>\n<\/div>\n<\/div>\n
\n
\n
die off as it doesn’t hold this new low<\/div>\n<\/div>\n<\/div>\n
\n
\n
first warning sign if you’re trying to<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade this short you know they couldn’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
push it down with more volume they<\/div>\n<\/div>\n<\/div>\n
\n
\n
couldn’t hold it down and it instantly<\/div>\n<\/div>\n<\/div>\n
\n
\n
is retracing back up here so in my head<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m thinking all right as it wedges you<\/div>\n<\/div>\n<\/div>\n
\n
\n
can kind of see this nice trend line it<\/div>\n<\/div>\n<\/div>\n
\n
\n
puts in it tightens and tightens and<\/div>\n<\/div>\n<\/div>\n
\n
\n
tightens and tightens if it breaks up<\/div>\n<\/div>\n<\/div>\n
\n
\n
above this level I think it ends up<\/div>\n<\/div>\n<\/div>\n
\n
\n
being like 40 or 50 cents on the whole<\/div>\n<\/div>\n<\/div>\n
\n
\n
number when that breaks through that’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
going to be my trade to get in I’m going<\/div>\n<\/div>\n<\/div>\n
\n
\n
to look to see if it has a strong<\/div>\n<\/div>\n<\/div>\n
\n
\n
driving price I’m gonna look to kind of<\/div>\n<\/div>\n<\/div>\n
\n
\n
take my size let it sit in and see if<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s any type of big drive in price<\/div>\n<\/div>\n<\/div>\n
\n
\n
so you can see what ends up happening is<\/div>\n<\/div>\n<\/div>\n
\n
\n
takes it out small little retest no<\/div>\n<\/div>\n<\/div>\n
\n
\n
volume on the down move and then that<\/div>\n<\/div>\n<\/div>\n
\n
\n
rips all the way up to 220<\/div>\n<\/div>\n<\/div>\n
\n
\n
so the first two camels right like it<\/div>\n<\/div>\n<\/div>\n
\n
\n
hits baby no I’m gonna beginning that<\/div>\n<\/div>\n<\/div>\n
\n
\n
right at yoga mmm playing so it also<\/div>\n<\/div>\n<\/div>\n
\n
\n
hits like the pre-market though no yep<\/div>\n<\/div>\n<\/div>\n
\n
\n
so why we not buying this yeah the<\/div>\n<\/div>\n<\/div>\n
\n
\n
reason for that for me in this<\/div>\n<\/div>\n<\/div>\n
\n
\n
particular instance I don’t like when<\/div>\n<\/div>\n<\/div>\n
\n
\n
the pre-market range is really wide so<\/div>\n<\/div>\n<\/div>\n
\n
\n
you can kind of see the pre-market range<\/div>\n<\/div>\n<\/div>\n
\n
\n
here I think ends up being like you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
almost three or four points that’s kind<\/div>\n<\/div>\n<\/div>\n
\n
\n
of too wide for me I’d like it to be you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know less than a quarter of an ATR so if<\/div>\n<\/div>\n<\/div>\n
\n
\n
this was like a let’s say just this was<\/div>\n<\/div>\n<\/div>\n
\n
\n
the range and it peaked underneath here<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then started to go that would get me<\/div>\n<\/div>\n<\/div>\n
\n
\n
interested in that type of idea but we<\/div>\n<\/div>\n<\/div>\n
\n
\n
have to think about is this just had a<\/div>\n<\/div>\n<\/div>\n
\n
\n
really solid down move you know three<\/div>\n<\/div>\n<\/div>\n
\n
\n
and a half points in a minute<\/div>\n<\/div>\n<\/div>\n
\n
\n
that type of down move is a little bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
too much for me to think it’s gonna<\/div>\n<\/div>\n<\/div>\n
\n
\n
reverse the whole thing right away I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
thinking it’s gonna need to spend a<\/div>\n<\/div>\n<\/div>\n
\n
\n
little bit more time I might not even be<\/div>\n<\/div>\n<\/div>\n
\n
\n
trying to take it to new highs I might<\/div>\n<\/div>\n<\/div>\n
\n
\n
just be thinking you know I can get to<\/div>\n<\/div>\n<\/div>\n
\n
\n
squeeze above view app maybe it takes<\/div>\n<\/div>\n<\/div>\n
\n
\n
out this candle and fails up here<\/div>\n<\/div>\n<\/div>\n
\n
\n
somewhere<\/div>\n<\/div>\n<\/div>\n
\n
\n
or maybe consolidates up here after it<\/div>\n<\/div>\n<\/div>\n
\n
\n
bounces but it’s a little bit of a<\/div>\n<\/div>\n<\/div>\n
\n
\n
different trade just because the selling<\/div>\n<\/div>\n<\/div>\n
\n
\n
pressure early is a lot more aggressive<\/div>\n<\/div>\n<\/div>\n
\n
\n
than what you saw in Roku Brookwood kind<\/div>\n<\/div>\n<\/div>\n
\n
\n
of dip down a little bit and then<\/div>\n<\/div>\n<\/div>\n
\n
\n
instantly got back up sat there for a<\/div>\n<\/div>\n<\/div>\n
\n
\n
second and just ripped you know way less<\/div>\n<\/div>\n<\/div>\n
\n
\n
of a down move no volume to the downside<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is a completely different situation<\/div>\n<\/div>\n<\/div>\n
\n
\n
it ran the entire pre-market range in<\/div>\n<\/div>\n<\/div>\n
\n
\n
one minute and the pre-market range<\/div>\n<\/div>\n<\/div>\n
\n
\n
itself was almost an ATR so that kind of<\/div>\n<\/div>\n<\/div>\n
\n
\n
has to get you prepared for it might<\/div>\n<\/div>\n<\/div>\n
\n
\n
need a little bit more time so you can<\/div>\n<\/div>\n<\/div>\n
\n
\n
see Baba has this down move<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know dips all the way down you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
big move there takes out the entire<\/div>\n<\/div>\n<\/div>\n
\n
\n
pre-market range the pre-market range is<\/div>\n<\/div>\n<\/div>\n
\n
\n
relatively wide it looks like there was<\/div>\n<\/div>\n<\/div>\n
\n
\n
some buying swipes the whole thing but<\/div>\n<\/div>\n<\/div>\n
\n
\n
never really shows severe weakness so in<\/div>\n<\/div>\n<\/div>\n
\n
\n
that instance you know I’m looking to<\/div>\n<\/div>\n<\/div>\n
\n
\n
buy this break and I’m really targeting<\/div>\n<\/div>\n<\/div>\n
\n
\n
just for it to you know quick scalp up<\/div>\n<\/div>\n<\/div>\n
\n
\n
to here and because I have a smaller<\/div>\n<\/div>\n<\/div>\n
\n
\n
target range and a tighter stop I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna get bigger in this particular<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade you know then I did in Roku where<\/div>\n<\/div>\n<\/div>\n
\n
\n
I don’t really have time to see where<\/div>\n<\/div>\n<\/div>\n
\n
\n
exactly my prices I’m just paying<\/div>\n<\/div>\n<\/div>\n
\n
\n
for because there’s so much wind at my<\/div>\n<\/div>\n<\/div>\n
\n
\n
back then I’m gonna be one two three<\/div>\n<\/div>\n<\/div>\n
\n
\n
points on the money right away and if I<\/div>\n<\/div>\n<\/div>\n
\n
\n
have enough sighs where maybe I lose a<\/div>\n<\/div>\n<\/div>\n
\n
\n
point if I’m wrong if it you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
collapses if I lose a point I can get<\/div>\n<\/div>\n<\/div>\n
\n
\n
out quickly it’s not gonna damage my day<\/div>\n<\/div>\n<\/div>\n
\n
\n
too much<\/div>\n<\/div>\n<\/div>\n
\n
\n
if I’m right you know risk a point to<\/div>\n<\/div>\n<\/div>\n
\n
\n
make five yeah that’s that’s why we’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the business that’s what you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
looking for mm-hmm okay so for this<\/div>\n<\/div>\n<\/div>\n
\n
\n
bah-bah trade you know kind of see that<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know this forty cent high forty cent<\/div>\n<\/div>\n<\/div>\n
\n
\n
area you know we like to call any type<\/div>\n<\/div>\n<\/div>\n
\n
\n
of like sticky offers we like to call<\/div>\n<\/div>\n<\/div>\n
\n
\n
that being heavy on the tape you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
that means that every time the price<\/div>\n<\/div>\n<\/div>\n
\n
\n
moves up to that area on the offer they<\/div>\n<\/div>\n<\/div>\n
\n
\n
just hit it back down you can’t really<\/div>\n<\/div>\n<\/div>\n
\n
\n
get the price to go above you know you<\/div>\n<\/div>\n<\/div>\n
\n
\n
get a quick 30 cent down move back to<\/div>\n<\/div>\n<\/div>\n
\n
\n
the low to 18s now you can tell that you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know they’re pushing this down they’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
not letting this thing get above to 1850<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know again gets to the mid forward<\/div>\n<\/div>\n<\/div>\n
\n
\n
mid 40s<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know wicks back down 20 cents so<\/div>\n<\/div>\n<\/div>\n
\n
\n
right away I’m starting to think okay<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know picture a balloon underwater if<\/div>\n<\/div>\n<\/div>\n
\n
\n
you take a balloon<\/div>\n<\/div>\n<\/div>\n
\n
\n
you hold it underwater as soon as you<\/div>\n<\/div>\n<\/div>\n
\n
\n
let go it flies right through so anytime<\/div>\n<\/div>\n<\/div>\n
\n
\n
you have a lot of upward pressure stocks<\/div>\n<\/div>\n<\/div>\n
\n
\n
really worked the same way anytime the<\/div>\n<\/div>\n<\/div>\n
\n
\n
selling pressure keeps selling keep<\/div>\n<\/div>\n<\/div>\n
\n
\n
selling but the buyers are holding it<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know eventually you get this<\/div>\n<\/div>\n<\/div>\n
\n
\n
equilibrium as soon as one side gives up<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re gonna get explosion in price to<\/div>\n<\/div>\n<\/div>\n
\n
\n
either direction so in this instance<\/div>\n<\/div>\n<\/div>\n
\n
\n
given the fact that it never really you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know took out the pre-market low in any<\/div>\n<\/div>\n<\/div>\n
\n
\n
meaningful way you know not really<\/div>\n<\/div>\n<\/div>\n
\n
\n
seeing any volume continuing to the<\/div>\n<\/div>\n<\/div>\n
\n
\n
downside I’m thinking that you know this<\/div>\n<\/div>\n<\/div>\n
\n
\n
might be that type of situation<\/div>\n<\/div>\n<\/div>\n
\n
\n
so obviously if I’m thinking that it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna break to 1850 I want to try and<\/div>\n<\/div>\n<\/div>\n
\n
\n
get in you know towards 2:18 be a little<\/div>\n<\/div>\n<\/div>\n
\n
\n
bit anticipate Ori you know I have a<\/div>\n<\/div>\n<\/div>\n
\n
\n
general feel for how Bob is gonna trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know I want to be in from the bottom<\/div>\n<\/div>\n<\/div>\n
\n
\n
of this wedge that way I have a little<\/div>\n<\/div>\n<\/div>\n
\n
\n
bit more room to add another lot above<\/div>\n<\/div>\n<\/div>\n
\n
\n
to 1850 keep my price is going correctly<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know I don’t want to be the guy<\/div>\n<\/div>\n<\/div>\n
\n
\n
buying the top of the range then we<\/div>\n<\/div>\n<\/div>\n
\n
\n
quicks back down and I have to hit out<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s like you’re losing the spread so<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m trying to be patient with the way<\/div>\n<\/div>\n<\/div>\n
\n
\n
that I’m doing it you know really trying<\/div>\n<\/div>\n<\/div>\n
\n
\n
to make it so I’m in a great position if<\/div>\n<\/div>\n<\/div>\n
\n
\n
it breaks about to 1850 and doesn’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
really explode away from price<\/div>\n<\/div>\n<\/div>\n
\n
\n
considering you know we still have all<\/div>\n<\/div>\n<\/div>\n
\n
\n
this downside momentum that started a<\/div>\n<\/div>\n<\/div>\n
\n
\n
day you know I’m not expecting this to<\/div>\n<\/div>\n<\/div>\n
\n
\n
break and instantly be above 219 you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know maybe it gets back up consolidates<\/div>\n<\/div>\n<\/div>\n
\n
\n
has a little bit of a pull in back to<\/div>\n<\/div>\n<\/div>\n
\n
\n
this 50 cent area and then goes so I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
in I’m in like two tiers at this point<\/div>\n<\/div>\n<\/div>\n
\n
\n
oops you know being anticipate Ori you<\/div>\n<\/div>\n<\/div>\n
\n
\n
can see it’s sitting at 50 cent evenly<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know we’re really tightening up here<\/div>\n<\/div>\n<\/div>\n
\n
\n
at this point if it breaks 50 cents you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know this trade is now really in play<\/div>\n<\/div>\n<\/div>\n
\n
\n
got great prices I’m already in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
money I can hit another lot so I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
preparing myself to hit another one I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
still kind of holding it right there you<\/div>\n<\/div>\n<\/div>\n
\n
\n
could see they gave up 50 cents and let<\/div>\n<\/div>\n<\/div>\n
\n
\n
it go 51 52 53 now I’m thinking all<\/div>\n<\/div>\n<\/div>\n
\n
\n
right that offer at 50 cents isn’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
sticky anymore you know there’s not a<\/div>\n<\/div>\n<\/div>\n
\n
\n
real seller there next time this goes<\/div>\n<\/div>\n<\/div>\n
\n
\n
through it’s probably gonna skip 15<\/div>\n<\/div>\n<\/div>\n
\n
\n
cents right away boom right away we’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
in the 60s<\/div>\n<\/div>\n<\/div>\n
\n
\n
I had another lot through there so at<\/div>\n<\/div>\n<\/div>\n
\n
\n
this point not really seeing the volume<\/div>\n<\/div>\n<\/div>\n
\n
\n
I wanted to see to take any out or think<\/div>\n<\/div>\n<\/div>\n
\n
\n
that I’m gonna get a big trade so right<\/div>\n<\/div>\n<\/div>\n
\n
\n
away you know dishes back underneath 50<\/div>\n<\/div>\n<\/div>\n
\n
\n
Cent’s no volume yet so I’m not really<\/div>\n<\/div>\n<\/div>\n
\n
\n
too worried if I had hit that lot above<\/div>\n<\/div>\n<\/div>\n
\n
\n
50 cents which I did and that was my<\/div>\n<\/div>\n<\/div>\n
\n
\n
only trade I probably would have puked<\/div>\n<\/div>\n<\/div>\n
\n
\n
this right away and not been in but<\/div>\n<\/div>\n<\/div>\n
\n
\n
since I established the core from a<\/div>\n<\/div>\n<\/div>\n
\n
\n
little bit lower<\/div>\n<\/div>\n<\/div>\n
\n
\n
all I did was just take out that<\/div>\n<\/div>\n<\/div>\n
\n
\n
momentum lot but I’m still in the<\/div>\n<\/div>\n<\/div>\n
\n
\n
original trade really on that break of<\/div>\n<\/div>\n<\/div>\n
\n
\n
fifty cents I wanted to see it get to<\/div>\n<\/div>\n<\/div>\n
\n
\n
219 quickly and since it didn’t do that<\/div>\n<\/div>\n<\/div>\n
\n
\n
I got back down to two tears instead of<\/div>\n<\/div>\n<\/div>\n
\n
\n
three tears you know so now I’m in a<\/div>\n<\/div>\n<\/div>\n
\n
\n
decent position still this point don’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
need to overthink it too hard<\/div>\n<\/div>\n<\/div>\n
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gets back above that area take a little<\/div>\n<\/div>\n<\/div>\n
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bit off ahead of the whole number you<\/div>\n<\/div>\n<\/div>\n
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get a nice move two to nineteen breaks<\/div>\n<\/div>\n<\/div>\n
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through to nineteen not really any size<\/div>\n<\/div>\n<\/div>\n
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there but you can see it’s kind of<\/div>\n<\/div>\n<\/div>\n
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struggling to really expand and you’re<\/div>\n<\/div>\n<\/div>\n
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not seeing any big volume come in so at<\/div>\n<\/div>\n<\/div>\n
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that point I want to be diligent<\/div>\n<\/div>\n<\/div>\n
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you know trim all the way back down to<\/div>\n<\/div>\n<\/div>\n
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one tear and if it pulls back into to<\/div>\n<\/div>\n<\/div>\n
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1842 1850 get all the way back up to<\/div>\n<\/div>\n<\/div>\n
\n
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three tears if it drops this you know<\/div>\n<\/div>\n<\/div>\n
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twenty-five thirty cent area I’m out of<\/div>\n<\/div>\n<\/div>\n
\n
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the trade maybe this is just an<\/div>\n<\/div>\n<\/div>\n
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opportunity to reach short so it’s<\/div>\n<\/div>\n<\/div>\n
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acting nicely has a really shallow pull<\/div>\n<\/div>\n<\/div>\n
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in you know they can’t even get this<\/div>\n<\/div>\n<\/div>\n
\n
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back to fifty cents as soon as you see<\/div>\n<\/div>\n<\/div>\n
\n
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it rebate back about two nineteen I put<\/div>\n<\/div>\n<\/div>\n
\n
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a momentum lot on so now I’m back up to<\/div>\n<\/div>\n<\/div>\n
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two tears didn’t have an ability to get<\/div>\n<\/div>\n<\/div>\n
\n
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back to three tears because it didn’t go<\/div>\n<\/div>\n<\/div>\n
\n
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all the way back down here really<\/div>\n<\/div>\n<\/div>\n
\n
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shallow pull in oops<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know that you know general rule of<\/div>\n<\/div>\n<\/div>\n
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thumb if you have a break in price and<\/div>\n<\/div>\n<\/div>\n
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they’re not really showing the expansive<\/div>\n<\/div>\n<\/div>\n
\n
\n
candle yet and has a little bit of down<\/div>\n<\/div>\n<\/div>\n
\n
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move that retraces instantly you’re<\/div>\n<\/div>\n<\/div>\n
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probably about to see that balloon<\/div>\n<\/div>\n<\/div>\n
\n
\n
underwater effect happened a little<\/div>\n<\/div>\n<\/div>\n
\n
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later but you know at this point I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
already a dollar plus and the money so<\/div>\n<\/div>\n<\/div>\n
\n
\n
that momentum lattice is kind of like a<\/div>\n<\/div>\n<\/div>\n
\n
\n
freebie definitely thinking it’s gonna<\/div>\n<\/div>\n<\/div>\n
\n
\n
break this area you know thinking in my<\/div>\n<\/div>\n<\/div>\n
\n
\n
head it’s probably gonna go to 220 try<\/div>\n<\/div>\n<\/div>\n
\n
\n
to get at least a tear and a half up<\/div>\n<\/div>\n<\/div>\n
\n
\n
there I think I dish out a tear or half<\/div>\n<\/div>\n<\/div>\n
\n
\n
a tear somewhere around this 50 cent<\/div>\n<\/div>\n<\/div>\n
\n
\n
area<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know some nice candle to the upside<\/div>\n<\/div>\n<\/div>\n
\n
\n
took off half a tear now I’m gonna tear<\/div>\n<\/div>\n<\/div>\n
\n
\n
and a half see what it does at 220<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know big failure happen they’re<\/div>\n<\/div>\n<\/div>\n
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\n
thinking it might need to consolidate<\/div>\n<\/div>\n<\/div>\n
\n
\n
ahead of it if it spikes up they’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
right on this candle the big size on the<\/div>\n<\/div>\n<\/div>\n
\n
\n
offer I’ll probably get all the way back<\/div>\n<\/div>\n<\/div>\n
\n
\n
down to a half tear as you can see we’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
coming up to it you know decent size<\/div>\n<\/div>\n<\/div>\n
\n
\n
there never really gets up there yet you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know kind of seeing how it does right at<\/div>\n<\/div>\n<\/div>\n
\n
\n
220 see all these green prints coming in<\/div>\n<\/div>\n<\/div>\n
\n
\n
and they can’t even get it to to 2001 so<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know right away I’m thinking okay<\/div>\n<\/div>\n<\/div>\n
\n
\n
maybe it’s actually there’s legit<\/div>\n<\/div>\n<\/div>\n
\n
\n
sellers here they actually might be able<\/div>\n<\/div>\n<\/div>\n
\n
\n
to hold this down see still big green<\/div>\n<\/div>\n<\/div>\n
\n
\n
prints coming in can’t get above can’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
get above really holding it this would<\/div>\n<\/div>\n<\/div>\n
\n
\n
have been a great round number scalp<\/div>\n<\/div>\n<\/div>\n
\n
\n
this time so one example I’ve seen where<\/div>\n<\/div>\n<\/div>\n
\n
\n
it works and recent times yeah<\/div>\n<\/div>\n<\/div>\n
\n
\n
I got smoked in that bobble yes so I<\/div>\n<\/div>\n<\/div>\n
\n
\n
will say that Baba likes to be a sticky<\/div>\n<\/div>\n<\/div>\n
\n
\n
sock it likes to go to these whole<\/div>\n<\/div>\n<\/div>\n
\n
\n
numbers especially big psych levels you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know the corridors to 25 to 20 to 10 200<\/div>\n<\/div>\n<\/div>\n
\n
\n
it likes to you know have these crazy<\/div>\n<\/div>\n<\/div>\n
\n
\n
like 40 50 cent rejections from those<\/div>\n<\/div>\n<\/div>\n
\n
\n
areas so I know that ahead of time so as<\/div>\n<\/div>\n<\/div>\n
\n
\n
soon as I see it fail right here all the<\/div>\n<\/div>\n<\/div>\n
\n
\n
way back down to half a tear you know if<\/div>\n<\/div>\n<\/div>\n
\n
\n
we go and look at the chart stalls at<\/div>\n<\/div>\n<\/div>\n
\n
\n
their stalls it there and then we got in<\/div>\n<\/div>\n<\/div>\n
\n
\n
big 50-cent pull in they try and spike<\/div>\n<\/div>\n<\/div>\n
\n
\n
it back up and it just gets smoked again<\/div>\n<\/div>\n<\/div>\n
\n
\n
so I actually got out of that last half<\/div>\n<\/div>\n<\/div>\n
\n
\n
a tear that I left on to see if it would<\/div>\n<\/div>\n<\/div>\n
\n
\n
break once this candle kind of broke<\/div>\n<\/div>\n<\/div>\n
\n
\n
down from to 1950 you know out of the<\/div>\n<\/div>\n<\/div>\n
\n
\n
position maybe it needs some time maybe<\/div>\n<\/div>\n<\/div>\n
\n
\n
it needs to consolidate somewhere it<\/div>\n<\/div>\n<\/div>\n
\n
\n
becomes a different trade it’s no longer<\/div>\n<\/div>\n<\/div>\n
\n
\n
the scallop as soon as you see if<\/div>\n<\/div>\n<\/div>\n
\n
\n
slowing momentum you know against the<\/div>\n<\/div>\n<\/div>\n
\n
\n
direction you’re in the trade you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
you don’t have to overstay you don’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
have to be a hero buys this buys this<\/div>\n<\/div>\n<\/div>\n
\n
\n
buy into view app try and get bigger try<\/div>\n<\/div>\n<\/div>\n
\n
\n
and get bigger you know the trade has<\/div>\n<\/div>\n<\/div>\n
\n
\n
changed you have to have your plan stick<\/div>\n<\/div>\n<\/div>\n
\n
\n
to your plan that’s a great example of<\/div>\n<\/div>\n<\/div>\n
\n
\n
what can go wrong<\/div>\n<\/div>\n<\/div>\n
\n
\n
if you don’t do that all right<\/div>\n<\/div>\n<\/div>\n
\n
\n
those were all three examples any other<\/div>\n<\/div>\n<\/div>\n
\n
\n
questions yeah I’m just gonna I’m just<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna hit the bids yeah especially in a<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock like Baba where you know if it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
not having a big momentum driving price<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re probably only gonna have like a<\/div>\n<\/div>\n<\/div>\n
\n
\n
two three four cents bread not too<\/div>\n<\/div>\n<\/div>\n
\n
\n
worried about a about taking that just<\/div>\n<\/div>\n<\/div>\n
\n
\n
trying to get out just a scalp you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
already made point a half on the trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m good now it’s your turn<\/div>\n<\/div>\n<\/div>\n
\n
\n
do you use a scalping strategy in your<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading if so please share the type of<\/div>\n<\/div>\n<\/div>\n
\n
\n
scalp trades that you make let us know<\/div>\n<\/div>\n<\/div>\n
\n
\n
by leaving a comment below right now<\/div>\n<\/div>\n<\/div>\n
\n
\n
<\/div><\/div>\n<\/div>\n<\/div>\n

\"\"<\/a><\/p>\n

* no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"

In this video we continue with part II of our series to introduce an effective and highly profitable trading strategy – scalping. In this lesson for the trading community, we teach in step by step detail, with video of recorded entries and exits, 3 scalp trades in ROKU and BABA to help you grow your trading account. * no relevant … Read More<\/a><\/p>\n","protected":false},"author":290,"featured_media":49630,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[4189],"tags":[],"class_list":["post-49629","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-free-daily-trading-video","post_format-post-format-video"],"yoast_head":"\nScalping: An effective and highly profitable trading strategy (part 2) | 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\/scalping-an-effective-and-highly-profitable-trading-strategy-part-2\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scalping: An effective and highly profitable trading strategy (part 2) | SMB Training\" \/>\n<meta property=\"og:description\" content=\"In this video we continue with part II of our series to introduce an effective and highly profitable trading strategy – scalping. 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