How many times have you woken up early, scanned the market and found the perfect gapper? The stock reports of strong earnings and a gaps 4% above significant resistance levels. But as soon the market opens it tanks lower and lower without looking back. You probably know this by now, but this type of head-fake happens all …
On March 27th, we placed a trade on $NVDA for some decent gains. But we didn’t just enter into $NVDA randomly, we used a rational approach to prior to the trade by aligning multiple timeframes. We generate our initial trade ideas by primarily looking at the daily chart. Once the stock breaks over or under a …
An important aspect to successfully trading is identifying previous day’s levels. Being able to identify previous day’s support and resistance levels is crucial when planning your trade. These levels are primarily used to time your entries and your targets. A prime example would be $CLVS. When coming up with a game plan for $CLVS, we took …
Read moreThe Art Of Identifying Previous Days Levels – Intermediate Timeframes
The buzz in our chatroom today was all about an insane trade that our Szaman made today. In case you don’t know, Szaman is also one of the moderators of our chat. He calls out trade opportunities to everyone in the chat as he’s placing his trades. Today, either you were celebrating your big wins …
On March 22nd, we published an article on our favorite setup, the Gap and Go highlighting the monster move made by $ESPR. But did you know that there can still be plenty of opportunities left? It doesn’t have to end on the first day! Sometimes the volume from a strong momentum stock still remains due …
On March 20th we saw one of our favourite setups, the Gap and Go. This type of behavior is when a certain stock releases an unexpected news report to the public and traders react strongly. As a result, the stock can gap up and continue higher, especially in the first emotional hour of the trading …