Huge potential today. 📊 Trade Results Ticker Outcome Multiple Notes MRVL ✅ Success 1.48x Long stay, all-day trade AMD ✅ Success 0.58x Early exit, it reversed NU ✅ Success 3.5x Hold into EOD AS ✅ Success 5x Hold into EOD QCOM ⚪ Lossless 0.48x Early exit QCOM ✅ Success 4.75x Hold into…
This will be regular series of posts reviewing my intraday reversal trades and opportunities. In addition to my swing trades, I am still in pursuit of profitable well defined, repeatable strategy for intraday trading. This strategy is undocumented for now, but is based on Gerchiks principles and a custom indicator…
I've been doing really well in my swing positions, and its again translating to day-trading with reckless abandon. ORCL : This is not a high velocity entry. Only enter high velocity on FB. SPY : entering on 3rd candle, which is a no. It would still be a loss trade,…
Failed to take this setup on QCOM due to internal dialogue. I've added more accurate Gerchik ATR to the D chart, which at 154% and at such clear level, and perfect VP zone should have been an entry into a F.B reversal. QCOM : Trade not taken I…
Meta is giving short term wins today, pretty obvious levels. I missed one level which was a pretty easy trade. I need to start looking a few days back, that is week+ to see string levels. The one I missed might be the HOD FB. I think the basic rule…
So today is basically a confirmation that in its ideal form, my F.B against Level + VP Valley is a legitimate edge. It works. Now the remaining issues are: * Waiting for right set up, and not entering into sub-optimal setups (entering into weak setups) * Staying in the trade * Entering against…
3 min NFLX trade. 2.64 FB Against previous day support/extreme. Larger context: I threw it all away on doing something stupid with PLTR. I think the original PLTR entry was good. But I should not have chased. No more chasing. Higher view with VP. A few more notes…
I think I will try catching these open market lows, especially after strong down days. They are way too obvious in hindsight, and will be much tougher to spot live but should be possible. Mirror levels especially like in ^ TSLA above. See next img. So for below chart, the strategy…