SONO PPL SNBR ELS CDP FE IDA ONTO EMR NI PSA SARO BG ALSN…
This is what a confused market looks like. Doesn't want to tank, doesn't want to rally... just going to hand out here in a narrow range... In fact its probably a good idea to sit it out when there is no clear direction and a narrow…
Avoid shitty charts, only enter charts that look amazing. Perfect or near perfect. Here is an example of choppy compression. Compare that to clean compression below it. And here is a clean setup. Notice clean steps up vs hard sell bars interruptions in IBM chart. Another example of the same…
Not feeling like trading today. But I want to see what happens with this instrument in following days, as per earlier Early Bird strategy post.…
This is an idea for the future. I notice that a lot of pharma stocks tend to be dormant for years, then suddenly see sustained upward momentum with massive volume increase (obvious reason why). Idea: Run a scan on the market (can be daily after hours or intraday), to detect…
This was a massive 10x trade that I entered 1 minute before it broke out. This is an atypical setup, because previous level interaction which ended just after 10am was a see-saw. Looked like the seller(s) won. This does not matter when you have a level established by highly…
Sometimes I need a reminder just how often this money maker happens. How easy it is to see and trade. And how much money it makes, especially when I don't prematurely exit. R to profit ratio is insane on some of these. 10x, 20x, intraday. Stay in it.…
Following are some setups for an intraday compression breakout. Entry/Stop (green/red inside box). The setup is predicated on: * Volatility contraction. I have a script scanning fir these intraday on 1m time scale in TC2000. * Overall daily direction UP (longs) * Global level breakout (as in the breakout you'…