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What's going on guys? So try to make quick two minute videos and post to Twitter Then the files weren't accepted on Twitter and then I deleted a couple of them. So we're just going to redo an easy flowing video without having to go super fast and just I guess make life easier on everyone, right? So pretty much what I'm doing is I'm going to take us to uh, the 430 spy top before we kind of went into this uh, big down leg if you may. So with that being said, um, everything you see here on the chart, this is the S P 500. Ideally, what we're doing is Anchor V-waps in relation to the 1050 SMA cross which you guys probably already know of. Um, but in this video we'll get a little more detailed um, and kind of walk you through a big series of data which has happened in the market. um, ways that you can Implement new V-waps on top of other V-waps Um, and just kind of hammer it out. So pretty much what I'm going to do is I'm going to hit play here I'm going to drop this down to like 3x speed so it's not so ridiculously fast and it gives me time to actually think and move things where I need to without it going too fast. So um, let's just go ahead and hit play. So pretty much what we have here this line, right? So this line is referencing to the chart at which point we're going to get a new bearish cross which is this 10 SMA going below this 50 SMA And that's a sell signal in the market. All right. And so once we get that sell signal in the market, that's when we can actually anchor these V-waps um, accordingly. So pretty much I already have them anchored because I've already been doing this. but as we go through this video, you'll see that process happen All right. So this is where we break the 50 SMA right there so you can see new Anchor V-wap has actually been added to the chart. and I'm going to make this slightly more accurate to what it probably should be which is the top of this candle. So let me pause this. I'm going to Anchor to there that worked there I can just delete it and restart and also remove that. Add one to this guy and so it's anchoring currently to the bottom. We want it on the high. All right. On high. There we go. All right. So that's kind of our new Anchor View app. So these two are anchor V-waps going forward. and ideally it means we're kind of bearish into that level. Uh, Until It Breaks in such a manner, that or we think it's invalid. Or until we get a new bullish cross. So pretty much until it for sure breaks out and you you consider it to be a breakout, you'd be bearish around that level. Uh, or until you get a bullish cross which would then invalidate the previous bearish cross. So like if this blue line on this day came up over the red, it would therefore invalidate the previous one. We'd flip-flop processes and that can hap. If you go into a period of consolidations, you're going to get false crosses so you'd be anchoring V webs, trading off of them working partially and then it not working very well and then you get a new cross and then you're invalidating. But it's okay because that's consolidation. That's what happens. But if you have these V webs on there during those periods of consolidation, it gives you the Hardline supports to be trading low risk off of even in those chop environments and the more you you use it, you'd get familiar with when you're in a chop environment and you know just to kind of expect high low trade range and not force things too much and et cetera et cetera. So let's go go ahead and hit play here. All right. So pretty much what we have going on here is, um, this is our new bearish trend. so pretty much we're bearish off this now. Something else we can do is is this is any time we get a rejection off of the Bearish V-wap location, Um, we can add a V Web to that in. that logic comes from the concept that when we get a 10 50 cross, bullish or bearish, that's important and it starts to bring in new important volume to the market right? And so it's the V-waps that we're looking at that created such events. So it's that 10 SMA that broke down here that led the move to the 50 that led the 10 SMA down to break it. So it's these specific breaks in these specific moments in the chart at these moving averages that we're pretty much attaching to or nearby. because those are the Pinnacle moments in the chart that led to that new signal. Uh, Bearer signal that is. And so when we get that signal, we can then anchor appropriately to where we need. Um, and actually I think my Anchor View app is wrong on the yellow one, it should be down I Mean it's pretty close, but it look, oh, it looks wrong because I gotta never mind, it's correct. So these are our new Bearish View apps going down. And so the concept being if the bearish cross is important, it's important What happened to create the bearish cross. And if the volume that comes in on a new bearish cross is important, then it would also be important for the volume that's trading off of those V-waps of that new bearish cross. And so if we get a nice move down off the V-wap rejection, then it's also can be beneficial to add a V-wap anchor a V-wap to the rejection of that level because clearly there's important volume participating in this market to push it down here. So we're going to get a short-term momentum Trend based off of a you could call it a bigger scale Trend Let's call this a midterm uh trading Trend So I use this for trading in the short term, but it can be used kind of short term and Midterm how you're going to categorize it. But let's say this is midterm and then every rejection we get off the V web from this bearish cross signal. those can then become the immediate trading V web for you on that day until of course it were broken or something would invalidate it. So in this video, I'll try to keep adding those for you guys. All right. So pretty much this is our bearish V web zone we would be getting bearish into since we got the Bearish cross. So we'll go ahead. and since pretty much we rejected and kind of broke down the V-wap right, let's just add uh, we'll add another one here and so that's going to be our new one. New short term. So I'll change the color of the short term Trend to say I don't It doesn't really matter, we'll just pick a color. We'll make it purple I Guess where's that's purple? All right. So we're going to make a purple and I'm gonna go ahead and hit play and you can already see I mean you can already see that it's it's using it. You know, pretty much from this high point going down, we've already bet it's already been being used right. And going into the open, you can see it, tags it down, tags it down so it's already being used. Okay, then theoretically you could anchor a view app off these ones. but I don't recommend it. It's always best to Anchor if you're going to do like the purple view app trick I just showed you always best to do it off of this the the major V web. So the major V web is obviously the blue and the yellow right. And then it's the pullback into the the first initial pullback into those major View apps where we look for this rejection that if it's respected clearly, there's volume that's participating in the way that we are seeking. So what is then the volume weighted average price of those participants coming in the Market at that specific moment in time and that would be this purple line. and um, and yeah, I'll continue as to when we might adjust differently. Okay now I Actually kind of want to say something here because this will give some good context to the trick that we just did. So you see how we anchored this purple view app to the kind of the rejection of our major blue and yellow B web and you can see it was traded on and it was respected right? But after it breaks, you can see that's kind of the intraday reversal because this was the bearish entry for this new bearish trend we're working on, and this is the initial momentum move off of it. So ideally that would be kind of your initial view app for that. Trend And obviously you can see it's broken. We get a pop on the day, right? So if you're going to use that tactic, you have to understand that it's it's a short-term momentum V web that you're using off of a greater V web. Now, in this situation, we kind of chop this V-wap in sort of a confusing manner. Many times that's not the case and you'll get instant rejection. Your instant rejections off of them. Um, but it's never always perfect, but you'll understand if you use it, right? So ultimately, what I showed you with the purple line is kind of like an intraday tactic that you could maybe use for an additional scalp day trade sort of play. And so you could pretty much say that once this V-wap had broken, you may then use that as sort of an intraday guide that you're no longer on the bare side unless you got back below it right now. Remember, once we break over this, that's the intraday V web getting taken out. Okay, but arguably we still have a bearish cross and we're still not really trading and sustaining over this V-wap You can see we got over it. slammed back under it. We pushed over it here. Could have could have made you think. but remember, you're always looking for retest two. So anytime a V-wap breaks in this What? I'm showing you there's almost always going to be a retest. So there's your retest and you'll see it ends up breaking back under. So again, using that same logic, we could take this V-wap can I just drag it over I'm still getting used to this there it is. Okay, so we could arguably take this V-wap and then tag it to the breakdown or like the top rejection of the major V web zone and then you'll see the market trades down and once you get back over the purple, you do that same Shenanigans where you pop back up. Okay, so you would have to be sort of careful in your logic when using that V-wap tag V web because you know it's more of an intraday tactic and you're not necessarily trading off of a long-term level. whereas if you would take an entry off the long-term Zone traded down and make profit. Let's just say you didn't take it off, right. You get back up here and you take another profit, right? So that's the kind of concept. so we'll go ahead and we'll delete this one and we're going to go ahead. Um, and fast forward again. Okay, um so there's a sorry, that's a good time to stop it. Now you can see that this was breaking over and you could have maybe closed your short. But remember when you get a bearish cross, your lowest risk entry is always going to come from the first initial test of those anchor View apps you added. though in this situation, it wasn't perfect. Um, yeah, though, in the situation, it wasn't perfect tagging. Um, those are things you have to make up for yourself in the real time. There's one more thing that I'll teach you really quick to give you sort of an additional layer of, uh, cushion if you may, and that would be anchoring, uh, the V-wap to the previous top that sets the move in which people do this as well. But when you do this, there's many times where you won't get an entry if you wait for that level to get tagged because it doesn't. So in this situation, we could also. let's just anchor, um, a view app to the high here. Okay, so if you were to do that, anchor a V web pretty much to that previous top, then you can see where you get this slight additional layer of cushion on your short where you see you break the blue and you tag the purple purple and you get over the purple briefly. So slight extra layer of cushion there. But I've done that in many cases and markets many times will respect the blue and the yellow as opposed to giving you such like the purple tag. So that's more of an discretionary um, additional approach which really can't hurt right? If you do the 10 and the 50 the awesome one on the very top that creates the move and you go I Know this is the Line in the Sand for me kind of deal. Not a bad idea, but always after the cross or the bullish Crosser first moves into those View apps are going to be your lowest risk entry that will also provide you with potentially the biggest gain like here where you get a gap down, that follows and so on so forth. In this case, the trend remains down big uh and and continues down, but that's not going to always be the case. So that's why you have to think to yourself that once you get the cross, the first initial tests are going to be the low risk and also provide the best possibility for profit because that's a very early spot to a potential Trend shift. Okay, and if the trend shifts but doesn't continue for very long, you did a job well done by getting in early enough to at least catch, say a gap down and then maybe it reverses Trend right? So we're going to go ahead. um, and and look at this right? So we went into here and we snapped down. So clearly the participation in this area was strong and this was the last kind of top in our short Zone that ended up snapping the market. So let's go ahead and anchor a view app to like this uh, and realistically like this could also be slightly discretionary, but for me, the V-wap Break spot is really where I would suggest anchoring to because that's the volume concentration point, but you could maybe arguably tag one to the high tag one here and see what you like back us. But ultimately I'll just go ahead and tag one like right in that area. Okay, so this may as well be used as our intraday uh, pop to short level if we get that opportunity. All right. So we're going to go ahead and play it all to shut up for a second. All right. So I wanted to shut up there and just kind of let you guys see the flow of all of that. Okay, so that was me basically anchoring V-waps to every specific previous anchor V Web test rejection. That would kick start the new trend down. And remember that in the grand scheme of things, you're not bullish Until the market shifts over this blue and this red line, there can be bullish moves in between as you were to break above some of these shorter term trend V-waps So the tactic that you saw with every one of those purple lines was tagging a V-wap to a rejection entry location of the previous V-wab Okay, and we don't add new V-waps up theoretically until we get a bullish Cross or a break of the blue and the yellow. you can attempt to add um, V-waps if one of the shorter term one breaks. So if a short-term V-wap breaks and the momentum looks strong, you can then add a V-wap at the location of, say, a shorter term bearish one that broke upwards like I tried to do there. but you can see it was short-lived and again, you're in a downtrend. so you're buying a dip in a downtrend, etc. So that being said, what you saw with the purple lines, that is the tactic for V-wapping V-wap rejections in relation to current. Trend Okay, so I'm going to go ahead and I'm going to delete pretty much all of these purple ones really quickly. Okay, and no, no, why did it do that? Why all right? I'm gonna need to go back and add the big ones. Um, but that's pretty much all I'm gonna do all right, so it wouldn't really take too much. It should be like right there. and then the other one was like I Want to say it was like right there, something like that. Oh, another one. All right. So these two purple ones we're gonna say are are old V-waps okay or the bearish trend V web so we're not bullish till we're over that until we get a bearish or a bullish cross. Okay, so I'm gonna go ahead and map off the location at which we will get a bullish cross. so that way we're just kind of prepared for me and the analysis when we get into that point. Um, you know you can't obviously do this in real time until it happens. So that's the difference between what we're doing now and what would actually happen in real time. All right. So when we get to this level, we're going to get a bullish cross and then we're going to repeat the process that we did for the purples where we're going to Anchor V Whaps to um, the 10 SMA break and the 50 SMA break that created such event. Okay and then simultaneously Remember though we get a bullish cross here, we still have the old bearish volume. Trend Okay, so when you were so in this situation, let's just get there all right? So let's go ahead and uh, let's hit play and I'm going to fast forward this until we we kind of get there. Uh, this will be a good time to mention that with the 1050 SMA system, remember that to get a bearish cross, the price must break the 10 to break the. in order to get to the 50 SMA you have to break the 10. So if you're going to create a bearish cross and you're trading over the town, the only way to get to the 50 is to break the 10. And the only way to create a bearish cross is to generally break the 50 so that the 10 comes down and Crosses bearishly through the 50. and vice versa. To get a bullish cross, the price price must break over the 10 to get to the 50, then break the 50 to create a cross. So those are the Um. those are the events that must take place prior to across happening. So those events like the 10 and the 50 breaking and then creating a bullish cross are significant moments in the chart because those two things have to happen for the signal to occur. So the volume that's interacting in the market that breaks those specific points to create the important cross. That's important volume. So that's kind of the thesis behind why we would anchor to such locations. Okay So in this event, you can see we're breaking over the 10 and that's going to lead to this pop and blah blah blah. So I can show you by mapping off a horizontal line on the chart what it's going to look like as that occurs. So this is the 10 SMA location. So let's go back to Like right here in the chart. So I'm going to take this. We're going to go back to Like right here before we break the 10 in pre-market uh, trading. Okay, and I'm going to map another level uh, at the 50 SMA break so you can see how the market kind of reacts when it gets to these levels. Okay, so let's zoom in closer on the chart over here. Okay, so we're going to go ahead and uh, we're gonna hit play. All right. So this right here is this trading day? Okay and then oh, that was so fast. So fast we're gonna whatever. Okay, so you can see after hours. we kind of get to the 10 and then during the pre-market session Futures day break the 10 and run the market up and GAP the market up. So they Gap it from the 10 break to the 50 right? So this blue line is in reference to that 50 SMA location. Okay, so um, during this session we broke the 10 in order to create a bullish cross. you have to break the 10 break into 10 can go to the 50. In order to create a bullish cross, you have to break the 50. So we break the 10. first thing done. get to the 50, break the 50. second thing done. Then throughout the day, does it result in the bullish cross? Do we get a new signal? Okay, so let's click this. Go ahead. hit play all right. So oh, I'm going fast again. Let's go. let's go to three speed. There we go. All right. So in this case, we're over the 10.. we retested the 10, We broke the 50. we're doing everything that's necessary to potentially create a new shift in volume. To the upside, this line is where we get the Bullish Cross. So let's go ahead and fast forward and Bullish Cross has occurred all right. So now what we're going to go ahead. and we're going to add an anchor V web to the location at which the 10 SMA broke, which is pretty much like right here like we tested, it came under and then broke and popped so we can like add one pretty much right there, right? So we're going to add one there and you can even play around this and go okay. well what does it look like if we add it to like write, uh, add this to right there right? what does it look like then? Okay, and so that's why I was saying. It's slightly subjective. Um, where you pick the point, you know that this break Point's significant so you can play around a little bit and I think I have this done correctly. this should be on the low. Since we're going up, you want to tag to the lows, not the high, so that could arguably change things around a bit. So if I were to tag this back where my original thought was right there, it's still get sort of that same interaction. But if we bring it back to the first initial break point which is like right there and actually we had it previous two. but you know I always kind of think the move just the break just before the move actually happens So somewhere in that area and and ideally you should be playing with it to try to get it as close as you can to like. You know that move that actually occurs like what if we take it and pop it right there? Anyways, close enough right? We'll just go with it. So that's your 10 SMA level. That is the market participants breaking the 10 SMA and that's pretty much the 10 SMA Anchor V Web. So the volume that broke the 10 that might be trying to create this bullish cross like that's their support right? If they're going to be successful at pushing the market up and creating this new bullish Cross Or wait, we already did. Excuse me? Um, they already did right? So this is the 10 SMA view app. Um, but prior to that when we broke it up overnight, you can see we tested the 10 came into the anchor View application. So for this bullish cross to occur like we had to maintain that spot all right. So we do that and I'll change the color of this one so we don't get confused with the previous ones. take this guy to Yellow Okay, and um then we will add a 50 SMA anchor View app. which was this break point like right? Pretty much like right there. All right. and so it's right now. it's anchored to the low so it kind of doesn't work the greatest. so I'll move it to like this candle. There we go. Okay, so remember this is where we got the cross. Okay, so now our 10 and our 50 SMA are are basically our dip. Buy Locations The 10 SMA is always like the hard line by the 50. SMA is sort of a shorter term Momo but you'll figure out how to deal with that as time goes on. All right, So let's go ahead hit play now. Remember, we just got a Bullish across the market so we're buying dips at the 10 SMA Anchor View app expecting Trend to reverse to the upside. We know that we haven't broken the purple V-waps which are the previous Bearish cross volume. Mind you, think about how strong this bearish move down was. The Bearish V web participant Traders will not be willing to give it up that easy with how big that Trend down was okay. and I also believe on this day I Can't remember what economic news drop I could have swore that's when they said inflation came out at like eight percent or something like that. So we were also leading into an economic event with bad CPI right into the previous Bearish Anchor V-wops Coincidence? No setup. Yes, okay, um, and what better way to set up a crash than to provide a bull signal right before Bearer CPI at eight percent into previous Bearish CPI levels. And also another rule when you get a bullish Cross or a bearish cross, you always expect that the move would be to the 100 SMA if the SMA is far away, if the SMA if the 100 SMA is far from the 50, the bullish cross push is always to the 100 and the bearish cross move is always to the 100 to start. Okay, so continuing on, you will see once we hit play this Market just pretty much gets annihilated. But but here's the deal. Since it was CPI the market gets annihilated. If it wasn't CPI and we had this bullish cross, there probably would have been a rejection here in a stronger attempt to bounce the market off the previous View apps. Now remember what did I also say when you get the bullish Cross or the bearish Cross, your first dips into the view app are always always going to be your lowest risk, highest probability winning trade because in the event it doesn't last long, you got in first. Okay, and sometimes this could happen where you get a move and then the next day it slams out. Um, you could get a move where it was here and then it gaps down and keeps going for five days, right? So how you decide to manage your moves with that, that's up to you. Um, but let's go ahead and hit play. So pretty much what's going to happen. This is going to slam down. We're going to go to here. We're gonna. we're gonna bounce for a second and then once you snap this it free Falls Now remember the previous day we had a Bullish Cross new buy volume coming into the market. So there's fresh, fresh volume of average ownership price right here. So let's just say that there could have been 50 million shares of Bullish volume that came into the market yesterday right there because they got a Bullish Cross. All right. Then they run into the bearer of CPI Vaps 100 SMA Market slaps down. So not only did the old bearish volume come in heavy, but you also had fresh buy volume right here with all average ownership price right here. so slaps them okay now really quickly, remember that this is like a CPI release day. blah blah blah blah I'm pretty sure that's what it was. so that's a very strong announcement right? So on strong announcements. you should also anchor a V-wap to that specific moment just because the same way that we look at the bullish Bearish cross as a significant moment in the chart and then the same way we look at the 10 and the 50 SMA breaks that lead to such event as uh, important moments in the market and we would assume that that volume is special and important to track. Same thing with a CPI announcement where we get a major move in the market with lots of volume. That's a data driven move. A lot of algorithms can be on that, so we would essentially be tracking. Let's just say all the algorithms trade the CPI day and they create the move right and blah blah blah. Then let's check and find what is the volume weighted average price of those those Algos that are running this market so would also be a good idea to Anchor a V-wap arguably to this high and this low that snapped through here. So let's just take one and anchor that way and this will be uh, we'll change the color and we'll just change this one to Green for today. Okay, and so yeah. so now it's basically track that and arguably this Big Death Candle is probably better because that's like the exact moment we just got cooked. Oh, but I'm going to the lows. That's where I Gotta change that. But either way, let's just whatever. We'll just tag it up here. um and then change it to the high inputs High All right, so good enough. All right. Go ahead. hit play. So Market just basically gets clapped. Um, you know there's there's really no other way to uh to put it, you know? So yeah, oh wait, hold on. I forgot one second see I Was just kind of thinking there was nothing else to do but I forgot. All right. So um, let's maybe maybe we'll have to backtrack. But um, right. We just got a new bearish cross, right? So we got a new bearish cross, right? here. Okay, so now what we're gonna do is we're just gonna delete these old ones because we don't I don't want to confuse anyone and now we're going to add new anchor v-waps in relationship to the 10 and the 50 SMA break that led to that cross which would be right there and this one would be here. All right. So now let's add one pretty much, um, like we'll just add it onto that candle And then we got the 50 SMA and we'll just add it to this candle because that's kind of like close enough if I was on a one minute chart. I could make this even cleaner. but um, right. So so this is the bearish cross right here. and these are the new V-waps of that that bearish cross. So this would basically be the levels we would we would look to short into and that we would not be bullish until they get above. and the only bullish move that we would even really consider might be like a reversal Pop back to them for a new short until we get over them. So let's go ahead hit play. All right. So let's go ahead and bring it back over this way. All right. Okay, so this is pretty much that'd be your entry. You could maybe start sizing in here, being careful. Um, you didn't fully get the test, but you know you're close. That's another rule of mine is like when you get close, you can take a little stab. Um, you know, and just be mindful that maybe you'll get a pop to it. But anyways, all right. so there's your pop to it. So we'd be entering short here off this level. Okay, and you always like initially for like, an intraday move, you target back to some sort of demand level that you that you deem fit okay and then arguably right. Like that was a good rejection off that level. So maybe we'd also be like, you know what? you know, we got the first move. you know, is there going to be a retest, uh, and then attempt at the lows today? So like, maybe we just go ahead and tag another one there and go. Okay, well, you know what we went down. We've had a decent bounce. Marcus Three Bears All right I'm gonna take a short here for maybe another intraday leg to test the lows. Maybe we go lower, but ultimately we'll short this and maybe Target Demand. Keep close, stop, blah blah blah right? You got the you know that you know the drill. Okay, all right. so we enter short. All right. Take lows. doink, take some profit. Does it get below lows? No. But we still know that we're not above this. V-wap Take another short. go for lows. Oh no. Oh Market Close. All right. Cool. cool. but you're still below the V web. so the only time there's going to be a pop is when you get over this one now and that pop we might think takes us to the one above. Okay, all right, some finagley trading. But Ultimately, we're maintaining below it. then remember you're like, oh, I was gonna get long because it broke up. It's like, yeah, true, but at the same time. remember you had a bearish cross. You're not bullish until your main V webs break up and until you get a bullet cross. which I think we're getting close to a fake one. So let's let's mark that off. or maybe we we I know we didn't have one. Did we? Maybe we might have I don't really know. Let's check. All right, so let's add a line. Did we cross through this point yet? I Guess not. Whatever. Is it? No. Okay, so let's go ahead and hit play. I Know this video is long but I hope you guys are enjoying it I Love to do this stuff now. Sure, we probably could have added another V-wap off of this rejection, right? We broke over it so it's like we really want to wait for like, a rejection off of it or some sort of lower highs to constitute a new potential V-wap Move off that view app. All right. So we got the cross coming up here pretty soon, so let's just kind of fat. Well I Guess it's already going fast enough now. I'm sure that if you added all right, if you had added another V-wap here I can guarantee that this crop like right here. you broke this one. So if we were to scroll back and let's just add one to Like right here, that move will be the cross of that V web we had. So if we were to add one like here, all right, we're close, right? Um, well. just drag it right doink. All right. Or even maybe like, well, theoretically Because right, even if we did this right. So we had a view up there and there was a strong rejection there. So then that would constitute probably as a new view out. And so we go like this. doink. And then there you go. Okay, so close enough. you get the point, right? So um, so yeah. I Mean there's kind of some short-term feedback, so we'll just take that off. Just want to kind of hit home on that point that you'll get those kind of short-term bullish pops and a downtrend when specific B webs actually cross. Okay, Um, so we know that this line here 400. that's our main resistance point. so we're not bullish until that breaks. Or we get a 50. a bear A bullish cross, right? So we know we have one coming up. So let's just hit fast forward. So the rules for this are: when you get a bullish Cross, your bullish, you put new anchor View apps up. but you only expect the new Bullish cross to go as far as the previous Bearish Cross anchor V-waps until those successfully break or else you can't successfully flip the previous bearish volume to then create the bullish move up. Okay, so this green line is the Hardline resistance of the last Bearish cross. This blue line here will be our new bullish cross. Okay, so you would have another short there because you don't know that it's going to cross bullishly. Yeah, you may have an idea, but you don't, so you'd still be shorting that right. Then you get a bullish cross right there. Doink all right. now. Right when you get the Bullish cross, you get no buying activity Zero. Nothing. Which is okay because you always expect that there's going to be some sort of pullback potentially to the 50 SMA to retest this bullish cross. So in this situation, we literally would have had a bullish cross and then we would have done this. We would have anchored the V-waps right. So this location is here. Um, right there. Okay, so there is a 10 break and then the 50 SMA break happens. Uh, here. that creates the Bullish Cross right right there. So this is kind of like pretty much where you'd be anchoring your new V-wap Since you got the cross right, you would have seen the cross and go. Okay, the rules are we anchor The View up. So we would do this. We would go ahead and we'd anchor view up here. All right. And then we'd anchor a V-wap to the 50 break which is like pre-market like right there. Okay, oh new one. Okay, we angle one there. So basically those would be our new dip. Buy levels for the Bearish Cross and mind you, remember the 10 SMA is always the hard line after a cross. That's your dip by level for the new cross and if that fails then it probably is going to be a false cross. And if it fails, don't try to keep buying the dip, just wait to see if it come back over that V-wap and then maybe you're back on. But in this case it doesn't right. And then what do we do? We create a new bearish cross same day I Think that same day? Yeah, right there. So what we just did here, we'll flip flop in a second. So we go ahead and um, hit play. All right. and then we get a bearish cross. Oh no. and now, mind you, there's another rule. Remember when you get a bullish or bearish cross, you're bullish as long as the anchor V whaps of that cross hold. and as long as the 50 SMA holds. So pretty much as soon as the V-wap broke here and the 50 SMA broke, you'd be up. You wouldn't even be trading it long because those are the rules. If you get a bullish or bearish cross, you're bearish until the anchor V webs of that cross are broken. or until the 50 SMA of that cross is broken. Or until you get a bullish cross. Okay, and when I say or until you get a bullish cross, the bullish cross doesn't happen until the 50 SMA breaks. So the 50 SMA Break um would always happen prior to a bullet for bearish cross, right? So again, you get a 50 SMA break up. you get a bullish cross. As soon as a 50 SMA breaks down, it invalidates the cross. So if you got bull, it's right there. So if you were getting bullish on the retest is 50 and then a break, you're done. You're already done right. Sometimes it'll be false, come back up, but you can decide on that moment in time. All right. So we got a new bearish cross. So let's go ahead and delete a couple of these that we don't really need. All right. Um, this is I don't even I think that's that random one I added. So this is the old bearish volume right there still, along with that old old purple bearish volume. Okay, and so now since we got this bearish cross, we're going to repeat the process, which is uh, uh, where does the 10 break the 10 breaks Like basically like right there? kind of and the 50 breaks a little lower so we'll add another one to like right? All right like there. and I could still be wrong. Like maybe I should do this correctly real quick. Um, so this would be right there. Yeah, I just got pretty damn close. Okay So these would be. uh, once the cross happens, those are your short entry levels V-wap So you got the cross here bearishly so you'd be shorting into those levels. Okay, so go ahead and hit play real quick. You can see how we broke over them right? So remember when a bearish cross happens, you are bearish. Okay, as long as the anchor V web, the market stays below the anchor view app. Okay, in this case you broke back up over it. So this is a moment for you to decide if you were. swing short if you should, maintain, if you should, just close and then just wait for it to re-break down in case, say, Okay shorts back on just in case, right? Because you know that if this fails and we squeeze out, you will go back to 399. right So we'll go ahead and hit play and remember right? So look at, remember the rules right? This bearish. Um, this bearish cross we had here in the day is valid until these View apps are broken Or until the 50 SMA is broken. If we zoom in here, where is the location of the 50 SMA Currently pretty much the same price as the V Waps? So um, let's just yeah. we'll just continue. But anyways, all right so we're back under. You could short take some profit. Okay, you're at the line. You can short again, look for lows, got close, and the demand takes some profit. Okay, cool. back at the line. Not really. but that's probably because we had a rejection. If you had the short term V web, you'd be shorting those. Potentially okay Trend will shift if we get over it. which you're probably going to see just because I already know because I'm looking at the chart. but you get the point. Okay, all right, so you'd be shorting that level. Oh, kind of a pop through and you'd be stopping out. You might as well be stopping out on that. There's no point because you can just get back in if it breaks back under. So now we're holding it. So we've now shifted the volume of the previous Bearish V-wap and the 50 SMA which is currently right there. so we are going to get a new Bullish cross right pretty much right there. I Guess we did. Okay So we've got the Bullish Cross. now. we can anchor the V-wap to the 10 SMA break and the 50 SMA break of the Pr that led to that event. So that would be there. Okay, and it would be another one I could just hit Alt J it's quicker oh Jane and pull that bad boy to there. Okay, so now we can anchor View apps there so that's a good one. We're on the retest am I going off lows looks like it's going off highs low. okay and then uh, what's uh, actually 50 but we kind of broke, went back under broke, back over. so that would be my Pine Thread about a day. All right. So now these become, um, excuse me, these become our new uh dip buy levels right? So these, uh, these V-waps right? So we got the bullish cross here. Um, so pretty much yeah. I mean those are your dip by levels going up and in pretty much since markets Target Volume blah blah blah. You would just basically say we're gonna go back up to the previous you know, Anchor V web pass you know et cetera et cetera et cetera. Okay, so go ahead, hit play and you there's probably going to be some sort of intraday short there because it's an old view app level. all right, and then you'd expect it to come back down to this view app. like right here. If anything, okay, because you're bullish so you'd be shorting a top even though you're bullish, right? So over. this would be like a new breakout, right? So there would be a dip. Buy off the 50 50 fails, You go down to the 10. even failed that, right? But you can see ultimately we still end up picking back up. Now that's another important topic too. is that um, when you get a bullish cross, you're bullish as long as the V-waps hold and your 50 SMA holds. So even though we broke the 50 so you could have been dip buying pre-market thinking we're gonna, we're gonna trade off the 50. Okay, and then it snaps and fails. You'd be cutting because you know once it happens it can go there and then you've been. maybe getting long here if you thought and then if that snaps then you'd be taken off and then you'd have your 50 SMA Which is like right here which is your ultimate kind of like Line in the Sand for a dip buy. So you go down to the 50. Um, and and you know, pretty much you're gonna bouncing right and you get back up over your V web so it would be long back on from that point. Okay, and now where does the move end up going to? Um, let's see, let's continue. But anyway, so yeah, that's kind of the rule of thumb there. there's your 50 SMA so that would still be a dip Buy Um, Previously, you've been seeing a lot of these perfect tags. These are a couple good examples of where the market kind of shifted through, but still ended up uh, respecting them. ultimately. Okay, so we're just going to go ahead and delete this one because this is an old bearish volume. V-wap We just took them out. Okay, this is our new bullish Trend this is that old purple bearish V-wap Now remember, it's been so long since that happened that it's probably not as strong Etc Remember, the levels are always the strongest when it first happens and ongoing. and as that Trend continues, they'll slowly become less reliable. Okay, um, and and I pretty much think that's good to to end it. Uh, at for the night. we've done enough of them I could keep doing them, but it's the same process over and over and over and over and over. Okay I hope you guys enjoyed the video and take care and have a good night.
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Dude tradingview way better than tos
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On a Saturday night lol