Hey everyone Alright, so here we are. Guess what? Fourth consecutive green day in a row. I'm back in the saddle. That's how you say yeah, but I'm back in the saddle.

That's right back on the wagon say I Always get confused about whether you're on the wagon or off the wagon and which is a good thing. But in any case, I'm back in the saddle, back on the wagon and you know, feeling good here. Another green day. 3000 dollars of profit? that's solid I mean I Can't complain about that at all right now early.

April its rehab. You know? for me it's just about focusing on a quality set ups. and today I don't think it took my first trade until maybe 9:45 or even closer to 10:00 a.m. I Just said I'm gonna sit I'm gonna wait and be patient.

I had two small trades Allah Oh, it's my loss. Small winner, nothing to be excited about and then a three thousand dollar winner. That one made it and it wasn't swinging for the fences. It wasn't going for a home run.

it was a solid base hit. Now Fan mail Friday and I Posted this over on Instagram but getting some fan mail which is pretty cool and I want to share this with you guys on the channel and also just give a public thank you to some of these guys who have sent over a couple things so obviously had a rough couple of weeks of trading and so this fan mail was really nice too to get from. Jonathan He sent me a copy of Hemingway Classic Old Man in the Sea which is really pretty cool. So some some nice reading here.

Thanks Jonathan And then from our friends up in the Yukon here a second chance goldmine. Very cool so you know if train doesn't work out. I Got a job up at the second-chance Goldmine in the Yukon which is pretty awesome so we've got that going and then let's see. I Also got a nice letter from a student in Mississippi who's going through the classes and really appreciated the $28,000 read day recap and another letter here from a student who sent over a couple of candles you guys know I like I've got this candle that I have here.

this is it's called a T5 Diesel and and I've got a couple of these. Well, it's kind of hard to open a box here, but they smell good. It doesn't truly smell like diesel. The Travis sent a candle that literally smells like a pint of diesel, gasoline diesel fuel sitting here in the office.

There's a long strong side. I've actually been told not to burn it in the building so but thank you appreciate the thought. Anyways, Fan mail Friday Coming a little late here on Tuesday but I really appreciate this. So those of you guys that ever feel like sending in a letter, you can email us and we'll give you our P.o box.

You can send something over to us. Alright, so anyways, Green Day recap here. fourth in a row. Feeling good about that? Any questions? any comments? leave them below.

We'll come back through and answering this afternoon and I'll see you guys all first thing tomorrow morning 9:15 for pre market analysis Goal: Five green days in a row See if we can do all right everyone. So we're gonna go over the trades from this morning. Today is going to be my fourth consecutive Green Day which is terrific I Am really happy to just be putting some space between me and some of the difficult trades that I had a couple weeks ago. so you can see here on the screen my P&L today.

The three stocks I traded today was kind of interesting because we didn't have a very good Gap scanner now the Gap scanner of course. we use every morning to find stocks that are up pre market during the the pre-market trading hours. So 925 is this is what the scanner looked like this morning. 925 Okay, so our leading Gapper in the entire US market was a DMA A Bio stock up 54% pre market on 4.3 5 million shares of volume.

so you know this thing was was moving and my problem with it when I pulled up, the chart was right away. I Could see that it was already starting to dip down a little bit but I said I'm watching this trigger at 6:45 So why was 645 a trigger? Well, let's pull this off of here for one second, we'll remove that horizontal line and we'll go make this full screen here or bigger at least. So pre market. this first squeezed up here and formed what we call the nice pullback pattern.

We also refer to this as my hairline. so gentle pullback and then we look for the first candle to make the new high which is right here. Nice move up now. obviously we like to see these types of patterns happening during regular trading hours.

You know when we see this pre market, it doesn't mean a lot for me because the volume is so light I'm not really going to be able to trade it so I just whatever I'm not even looking I'm not even looking at my computer at 725 in the morning. I'm just not so you know. But I pull up these stocks around 9:15 I See that? Okay, now we've got this longer period of consolidation. What? I notice is that we're above the Blue 20 moving average which is good.

We're below the nine exponential moving average which is in gray and we're also just below the volume weighted average price which also isn't great. And the reality is it's at 6:15 and the pre-market high is about 704. so it has pulled back quite a bit versus you know, the high a day. Now using these these lines here the green, the blue, the cyan and the red.

This tells us that the point of control is 667 and this is an algorithm that creates that line. So some of you guys are already in our futures room at Warrior Training We have three primary chapters. We've got small caps, we've got large caps, and we have futures. So the futures traders that room is run by Steve and Steve is a commodities trader he lives in Chicago and he's been trading for a really long time and one of the things that he developed was this suite of indicators that help identify support and resistance levels.

And they're featured on the Bloomberg terminal. and so they're used by a lot of institutional traders all around the world. and he created this site Tazz Warriors Com where you guys can get these indicators if you want. There's a video of Steve and anyway, so I have these turned on on my East signal charts.

They're not compatible with every platform, but they do work with these signals. so this is showing the point of control as 667. Meaning when the stock is above it, it's bullish, When it's below it's it's bearish. and the top of the resistance is of course at high a day there at 704 and the bottom is right about the low of this level here.

that's the support level of 592. I Got 645 by looking at the high of this candle right here. and this candle right here. So I realized that we double top double tapped at 6:45 We tapped it once, we tapped it a second time and if we broke it a third time I believe that there would be a good chance that we would break over the half-dollar and then we would continue moving higher.

That maybe back up towards 67 and above that level back up towards 7. So that was my long bias on the stock. The bell rings and it immediately sells off and I'm like alright, well you know, no trades yet just watching it, It continues to go lower and that's pretty much it Now at this point right now, this is a Bear Flag the stock has rolled over, it's consolidating at the lows and below 560 would be a potential short. And there you go.

there's the potential short which would have given an opportunity for a move back down to 512. So about a $0.50 short there on that Bear Flag and then a short-term reversal here. back up towards 560. So you know, not for me, something that I was really interested in trading.

In hindsight, you know maybe I could have done something there. but I I left it alone. So that was a DMA are leading gap or second-leading gap or was s GMO This one was up 46% pre-market but the price is a little higher at $13 so I left that one alone. no trades on that one.

Third one down was riot up because Bitcoin was up overnight, but you know we don't We don't get into that I really am NOT interested in it? It did end up doing kind of a crazy move here on the 1-minute chart where it looked like it was going higher and I was like nope I don't trust it I'm not touching it and look at this I don't know where it goes from 515 all the way back here down to five to 435. So really glad that I left that one alone and just you know didn't mess with it also in the Gap scanner Maura that one's too cheap evap. you know the floats a little higher Ovi D I Ended up taking a trade on this which was what we would call a 5-minute opening range breakout. pre market was not a pretty pattern I'll admit, however, it was a pretty light volume and so I just figured you know, let's see what this does.

I took my trade right here I jumped in, it hit 220 and then came back down and I got out for a you can see a loss right here and small loss. whatever. So that one just did not work. We look at the 5-minute chart and you can see it was an opening range breakout.

Really? Again, not picture perfect so was pretty quick with if it doesn't work I'm getting right back out. got right back out. Alright so and then we had T AIT on the watch list as a possibility, but it didn't really end up giving me anything to work with. Sfe T this one gave also an opening range breakout here.

as you can see from 3:10 up to a high of 334. The but like riot ended up doing a pretty big rejection now I was able to, you know, make a little on it, but really nothing that great and I don't like seeing drops like that. So at that point you know these two trades basically cancel each other out and I was just sort of sitting tight and that's when CTRM hit the high of day momentum scanner right here at 593. As soon as I saw that hit, I was like, you know, okay, it's a former runner I'm very familiar with it.

It made this big move, you know last week I know that the float is only eight hundred, ten thousand shares, very low. it's already up twelve percent and I pulled up so initially without even looking at the chart, I'm like, okay, let's see what this is doing. This is something I should look at pretty quickly. I pull up the chart and I recognize that it right now is having the first daily camel make a new high and this is look at the chart on this one.

it's crazy. It's like up and then down and then back up and then down and then here today back up. I mean this thing is all over the place, very volatile and the daily level that I was looking at. Let me just remove some of these trend lines here.

Okay, so I'll remove that one and that one, that one and now. Alright, so we'll just go clear here. So I was looking at the first daily candle to make a new high. This is a swing trade setup.

It's one that we talked about in the classes first daily camel make a new high after a big move. Granted, you know this did retrace basically 100% of the move. However, it's still a valid setup. So entry point is at 580.

Well, by the time it was on, the scanner was already at 593. However, I felt very confident for a Staley candle would give us a move at least to 678 the first resistance point. That was my first target and so I jumped in at six dollars, right at six, they are actually 603 And then we had the next level which was 861. So you know we go back and look at this here on the one-minute it starts.

You know by popping up here right in this level, pulling back and then continuing higher and so this is where I'm in it right here and it gets halted at 6:41 Of course traders seeing it now hitting the scanners and they're like okay, yeah baby up, this is a stock. You know that's worth keeping a really close eye on, former runner status, etc etc. All right, So let's so let's see. And so there was the high.

It resumes from the halt and this was the moment of truth. It hit a high of 73 and then dropped all the way back down to 23. So a 50 cent drop there and I was like oh man, you know it's gonna be another one of those ones. It just gets you know rejected right away.

I'm not sure you know the setup is okay, there isn't news, but you know it has everything else. of course today, what's the context of the market? The word you know a DMA Really weak Riot weak Oh VI d weak S Fe T didn't hold up so like you know I don't know, is it gonna work I'm not sure I'll give it the opportunity for the first 1 minute Kim will make a new high and boom there you get that move. but then again it goes up to a high of 698 and then it drops here all the way back down to six dollars and so on this trade I I Sold right in here on the first camel to make a new high and then I added back at 91 for the break over seven dollars I was like yeah, I'm gonna get back into 91 I think it's gonna break over seven dollars so you know I get back in at 91 and that ended up being a mistake because it promptly dropped right back down to six dollars. So I stopped out pretty quickly which was, you know, good I guess And but you know the problem there was I went from being up about 3,000 or so to being up only about 1200.

Then it goes sideways, sideways, sideways and right there. Look at that it breaks again and goes back up to 7 and hits a high of 710. and I got back in right here at 70. So I got back in and then there's that that quick move up to 710, the pullback, little consolidation, and then BOOM another sweet move here, up to a high of 73.

My biggest problem on this was these whips. You know, the whip down there. the whip down here. you know, a little bit of a dip down here.

false breakout here, up to 7 10 and then back down to 7 to 669. So it was really bouncing around quite a bit and that made it kind of hard for me. I tried to be as aggressive on it as I could, but you know I sort of just kept getting in and then stopping out and then you know getting in and stopping out and that just didn't work. I mean I'll show you some of the traits here.

So um, let's see, where was this? Um so so let's look at. So this one at 58 was here. Okay, So that was back here. You know, trying to scalp this little area here, you know I added at 96 right there I added like literally right under hi today.

what's the 91 is 96 I was going for the break over seven and then stopped out right at 6:50 Instant 46 cent loss. pretty much I mean within 30 seconds so you know it popped up to a high of I guess the high was 698 and then it dropped all the way down and I was like gotta get out so took a loss right here and then I got back in as it curls back up I got back in at 74 74 and added 86 and then we had a big seller right at $7 So I sold half at 97 and 99, you know? So that was okay. got back in at 98 99, tried to sell at 7, wasn't really getting filled. had to try to sell cancel orders.

tried to sell cancel orders, you know. Finally got out, got back in at 84. That was a nice one. So back in at 84 or sorry, no I sold at 84 back in 231 that was at 15 so that was right here.

You know this was high, but I was able to kind of scalp this move here and hit a high of 73, you know? So it's like kind of a lot of trades getting in, getting out, and that's pretty much what the momentum strategy is all about. It's scalping these breakouts, taking a little profit, getting back in, taking some profit, getting back in, and you know this one ended up being okay. But here is one issue. Look at the five minute chart on it.

look at this volume pattern. high day volume each time was on a red candle or so right here on this candle. This one and this one and that made it really difficult and by this point I was like, you know what I'm done with this This is frustrating. It's it feels like I'm swimming against the current.

It just it's it's not really opening up, it keeps popping up and then dropping back down, popping up and dropping back down. And so at that point I was like I'm done. I'm just, you know, take the green and and walk away and you know what? Fourth consecutive green day is fantastic and that's something that I can feel really good about. So obviously at this point, you know, where's my calendar graph? Here it is: I wasn't even totally sure if I want to be actively updating my calendar this month I don't want to get myself too fixated on you know, daily gains or you know I just kind of want to just trade good quality setups, trade for the sake of training, and not be too focused on my P&L so you know I didn't even write yesterday I'm not gonna write today I'm just gonna put the calendar away this month and you know, just just try to have a good month.

not really. think about where I'm at on the month or where I'm at on the week. just Green Day's just try and have a green day each day. If I can be green, you know by the end of the month, inevitably it'll It'll end up being a great month.

It doesn't really matter, you know how how green it is Now today at 3 p.m. Eastern I'm gonna host warrior Pro mentor session for our students and I got talked a lot about bouncing back from a big loss which is very topical considering that's exactly what I'm doing right now. So I will have a good mentor session at 3 p.m. and I'm sure it'll be relevant for some of you guys who have also been.

You know are either going through this now or have gone through it. you know I'm learning some really interesting stuff about I say myself going through this kind of struggle. it's the first time I've really been up against a wall trading in a very long time and so you know it's kind of helped me reconnect. I Think with a lot of you guys who are up against a wall because you're at the very beginning of this learning curve.

you're just getting started. And when you're just getting started and you have big red days or when you're just getting started and you have very well-defined monthly goals and you're not hitting them, it can feel really stressful and so we'll be talking about that today during the Mentor session. All right, so everyone else I'll see you guys first thing tomorrow morning 9:15 pre market analysis. Hopefully we'll have a couple of stocks on the Gap scanners that look maybe a little bit better than what we had this morning, but you know we worked with what we had and came out green.

so you know green is good. All right everyone. I'll see you guys first thing tomorrow morning. If you're still watching, you must have really enjoyed that video.

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