Everybody welcome back to the channel in today's video we're going to be doing a trade recap, i'm going to be sharing with y'all some of the trades. Well, actually, all of the trade that i took today, i'm going to be sharing with you exactly why i took this trade just to help out some of y'all who may be getting started in the stock market. All right y'all before we begin again do not forget to annoy a like like button on your way in and also don't forget to subscribe. If you are new to the channel all right, so let's begin right off the bat, so the trade, the trade that i took was actually for today, but it was taken on friday at the close, all right, and that was on jv and the reason why i Took a trade on jd was for a very simple reason: um and very powerful reason.

It's right here. If you look on the chart there is this structure right there. It is a double bottom bull flag right here, double bottom right here, both lag as it stretches and consolidates and as it breaks out now, the reason why i really really like the other reason why, apart from just that um, if you look really really closely, there Are some buyers right here holding the stock up right, and this came after a large amount of volume the previous day um? Was it a guarantee that it was going to spike over this weekend? Not really it's very hard to determine like to determine exactly when um the timing have to be right like if you're too early, then you have to be a little patient um. Obviously, you don't want to be too late right because you just miss the move, but if you're on time, then things can turn out like that, where all you have to do is just collect your money in the morning.

So here's what we did if you go on the discord as you can see, this was on the 27th right here, um 15 minutes before the market open. I saw it. I liked it. The levels were mapped out on the chart and we got in like 15 minutes before the market closed um, with these calls right here, all right, um.

The other reason why i liked uh i liked jd was because a lot of the chinese stocks that week last week, a lot of them reported earnings, baba reported earnings, did pretty well um jd also reported earnings and caused the stack to got to gap up and Then the last stock that also had earnings was pdd all right and pdd. It had a structure too which which justified the gap up and the structure was right. It was right here um, so that was on the let's see. I saw this thing at 11 a.m.

On friday, all right, it was a gapped up, it was doing pretty well. The volume at the at the bottom was monstrous, so that was kind of an indication that a lot of the chinese stocks were going to make a massive move right now, if we go on to today, when i got out um, i sold i sold all of My calls on jv today, five minutes after the market open all right and five minutes after the market. Open was right. Let's see here, it was right here like i saw the first five minute candle.

I didn't like the buyers over here, so i immediately took my money out and left the stock alone now. Could it go up higher? I think it definitely could the market is still sort of kind of bullish, sort of kind of bullish like there's some money flowing in right now, um. Is it going to jump again overnight, maybe maybe right it could stall and then jump again later on this week. So it's it varies whether like what whether the right decision was to keep holding all the way up to the price target that i gave up was like it was 60 dollars for jb, maybe even 62 dollars.

So we'll see, if it stalls there might be an opportunity for tomorrow to take a a day trade, maybe even a swing trade on it. So definitely look out for jd for tomorrow. So that is the first trade that we took. The second trade that we took was actually a day trade, not a very impressive one um it was on.

It was on the spy and the reason why i took that trade on the spy it was because of this um. If you look on the structure, it was looking decent consolidating it formed a bullish triangle that broke out. I was slightly slightly late on there. I wanted to get a better deal on the contracts, but those contracts were moving really really quickly in between those two candles.

Right there i got filled at like 2.8 um 2.88, actually for a day trade, and my intention was to hold it all the way up towards 418. It was kind of choppy kind of very annoying too um, as you can see right here like we got in and then it went up and then it dropped again and it just kept consolidating, and it was just very, very annoying and i ended up getting rid Of it rid of my calls for that trade at exactly noon, actually, i sold my spy calls at exactly noon again. That was right over right over here all right, eventually later on, it started to like it went up a little bit higher and tomorrow is probably gon na go higher again, but it it really doesn't matter if it shows another opportunity on it. I will take a day trade on it all right, and this is pretty much how this is pretty much, how we did on that one all right.

So this is how friday started so. First off we had jd right, so people made some money on jd calls again. The contracts were up by like 200 on them. As you can see, somebody made that and then somebody made 680 dollars a day on jd pulling those over the weekend and some other people made some money on there and i ended up making 22 hundred dollars just on jd and then later on.

With that spy trade um, i took this contracts again. This was at like 10 45ish and then i sold them at noon for a 500 profit on there. So yeah. That is pretty much the recap, and that is the end of the video again do not forget to annihilate the like button for the youtube background.

As always, this channel a lot, it allows more people to get this knowledge as well. Also, if you are new to the channel - and you haven't done so already - definitely - click on subscribe and click on the notification bell, along with all the figures that way, you don't miss out on future uploads. If you would like to be part of a private discord community, you can find that as the first link in the description of the video below, if you haven't added me on social media, yet you can find me at paul and duma. The better knowledge lab on instagram and on twitter and lastly, if all of this is brand new to you, adventure city, getting started in the stock market, i'll have some very basic, step-by-step directions.

In the description of the video below step, one to step three, it only takes about 15 minutes or less for you to get set up with all the tools you need to start trading immediately. You can also get some free stocks after sending up with weibull, using the third link in the description of the video below once again. Ladies gentlemen, my name is paul and guma with an analogy lab where we trade patterns and patterns only - and i will see all of you in the next video you.