What's up, everyone? All right? So we're gonna break down the trades from today, finishing in the green uh, which is great. I'm happy about that and a nice green day and better composure. Better discipline than yesterday. So there will only be one recap for today, not two.

Uh, I'm I'm done. I'm locking it up. I've got class starting in 45 minutes and I don't want to overstay my welcome. So grateful to be green and actually hit the daily goal today.

thanks to Pgy, that was where I did the best. so we got some nice action on Pgy. Squeezed up about 20 percent, traded it pre-market took a couple trades, or maybe just one trade at the Uh just past the open wasn't It didn't end up being a good trade, so action today was pre-market There's been some action on Frgt and a uh Yla since the bell, but both a little cheaper. Wasn't too sure about either of them missed some opportunities, but we'll break it down during the recap reminder that tomorrow at one o'clock I'm going to host a class that you guys are welcome to attend.

It'll be a concise version of the I'll Go Scalping Strategy course that I'm teaching for warrior members, so if you want to register for that, there'll be a link right down below pinned to the comments and in the description so you can check that out and I'll see you first thing tomorrow morning. All right, I'll see you then. All right. So I'm going to wrap it up here: We've got a class starting in about an hour.

Algo Scalping strategy Chapters four and five for warrior members. So um, I wanna do my recap and uh, go over the trades from today. So today is a, uh, a green day. Uh, you know it's not a not a huge green day.

Of course, there haven't been a lot of huge green days this month. This is where I was at on the month, not including, uh, yesterday. I haven't imported yesterday yet, but uh, yesterday was up about 3 600. So realistically, I've only hit my daily goal one two, three days.

Today is the third day this month. This is not super impressive. Daily goal is 5 000. of course, 5 000 a year is a million.

5 000 a day is a million dollars a year, so you know that's it's an aggressive goal considering we're six months into a bear market. But you know, I'm trying to keep my head above water and I'm trading with max position of 10 000 shares right now. That's the biggest position that I've taken in in quite a while. As you recall, back in June I did this little Martha's Vineyard challenge trading on my traveling trading station and I had a goal of a thousand dollars a day and I ended up you know, making like 25 000 and then giving back.

uh, you know, half of it right here in two days and I was pretty disappointed in myself. I felt like these were really big losses to be taking given this market. Uh, so after kind of a a choppy week there at the end of the middle of June market holiday here and then I said, you know what, let's slow it down. So I slowed it down.

Uh, and this is when I've since. You know, these past like four weeks have really been five weeks, taking it pretty easy and you know, uh. anyway. so taking it slower, trying to just get through the Bear market, keep making a little bit of money without, you know, taking a lot of risk and trying to keep the red days as small as possible.

So I had a couple losses today, but they were minimal. Uh, didn't trade everything that was moving. Nice move here on Ayla up 142. Oh, look at that rejection though.

Yikes. So up to 240? back down to 210? Yikes. that is. Um, that's a swing that you know and this is.

this is the thing. I mean, we're just getting. uh, we just start getting this chop and I'm I don't like it. Nobody likes it.

I really don't like it though. Look at that false breakout. This candle is broken and you know what? We saw something pretty similar on V-racks at the open halts down. We saw something similar on Pgy.

So I'm at a point right now where I'm saying, Listen, you know what man. give yourself a pat on the back for hitting your daily goal. Uh, it's not come easy this month, but you got it today. Let's walk away, keep the money in your pocket.

come back and try again tomorrow. I think I was up 57 5800 so gave back whatever. A little bit off the top, but not a lot. All right.

So the day started for me with V-racks and this one, uh, I said. well. first of all, I didn't sit down as early as I could have had a you know, long class yesterday. my throat gets scratchy after, you know, doing like four or five hours of six hours of kind of talking and so tried to rest up a little bit and didn't think I really needed to sit down at 6 45 because we haven't really been seeing a lot of super early action.

you know? But sure enough, today, right? you know, 7 a.m you had news on Frgt, gave you an Algo, Spike, squeezes up, and continuation, so I missed that first trade that ended up being our leading gapper on the day. Frgt is still sitting at 87 gain on the day, so pretty nice. move there up to a high of 315 back at 277 now. so on this one, uh, while if I had been sitting down.

So let's so let's just look at the chart. So if I'd been sitting down on this, let's look at the 10 second chart. All of a sudden it starts popping up and I saw Rachel. She mentioned that she got a trade on this.

She was long at 197 and I was like, you know that looks like that was a good trade and took profit into uh, 230 240.. the thing that I looked at here is all right. So first it pops up to 197.. drops down on this candle to 170, pops back up 195., drops back down to 180..

So probably you had bigger spreads right in this area. A little choppy, right? Not not super easy. Then it breaks 197 and hits a high of 216.. Two topping tails.

We've sometimes sometimes called that tweezer top, right? So you've got this tweezer top, Um, you know, right there at the very top like little chopsticks and that's uh, bearish. We don't really like to see that it reverses, hits a low here of 185 and then pops back up to 226.. So you know when when she said oh, I had 197 and I got out took profit. I initially was looking at that on um, you know, the one minute chart and I was like oh nice trade I bet that was.

You know it looks pretty clean because this is what I was looking at right here. Well, it's easy to ignore the bottoming tail candle right here, down to 180.. you just sort of are like oh, you got in there and you took sold up here. Nice.

But you got to look at those bottoming tails and they're easier to see when you're looking at a short time frame So then you know up to 26, drops down again to 204. So this is a pretty you know these are pretty big swings for a small cap stock and then it breaks here and here's where it starts to open up. Interestingly you know the highest volume was looks like on a red candle. There hit a high of 257, then drops all the way back down to 220 holds support at the volume weight, average price and then curls back up here and then you know you end up getting a nice uh a little bit more on it up to 65.70 But the fact is in this area, we went into this really tight range of consolidation.

So those of you guys who were tuned in yesterday to the I'll go scalping class um oops, hang on, I got to turn that camera on. Let me let me just stand up, turn the camera on. So what you may remember is that I talked about how these algos provide liquidity. Uh, when we're in.

uh, these tight bands. So you know when we're in these sort of tight bands, you've got a lot of liquidity in here and this is where it gets really choppy. and then when the stock starts to break out of these bands, you know from coming up here and then breaking out here, this is where these algos thin out and you start getting these algo spikes and you can start getting these really clean moves. So these the places right in here and right in here where I want to be trading.

and in this area. I mean unless I'm going to take a stab at buying a what is it like a dip right here to anticipate the next break, I have to be really careful trading in this range. What can sometimes happen is you get a false break and then a flush just like this false break to the downside and a pop back up so I you know again. just to reiterate a little bit what we talked about in uh class yesterday and those that are watching this as a recap on Youtube, there'll be a link down below in the description where you can register to the concise i'll go scalping strategy class that'll be on Wednes uh tomorrow Wednesday at 1 o'clock So long area here of, um, sort of tight consolidation.

Not easy to trade. Yes, you get some dips, Yes you get some pops, The pops get shorted the dips, you know, reverse but not super easy. and then and it's a long period. Look at how long that was.

this period of consolidation. This is not easy to trade, then starts to break out. it breaks, it, retests that level it holds, and then it starts to open up a little closer to the bell. So some nice action on Frgt.

Like I said, I didn't trade it, but um, you know, good to see that it was holding up relatively well. And then Ayla, our second leading gapper this morning on this one. uh, liked the idea of it. uh you know, is it squeezed up at the open and a nice pop here, but early when I first sat down it was below V Wap when it popped up here.

I just kind of thought yeah, the price is a little too low for me, but boy, nice move there of course. Then you got this kind of nasty cell and this again you think about how these Algos work. Most likely someone out there tried to execute some pretty big sell orders. You got the flush, the Algos pulled the bid and you get that sell-off All right.

So that's Ayla vs. second leading Gapper. Um, and then. so V-racks This is the first one I traded today and um, someone mentioned it, uh that it was squeezing up and I that was like what time was it 8, 30 or something and there was a there was news that was posted at 8 8 am and it goes from 16 straight up to 19.

and the spread on it was a dollar eighty a share. Almost two dollars a share. It was like 17 by 1888 and I looked at that and I was like i i can't trade this You know, I could buy a hundred shares of it and I'm risking 200 bucks and it needs to go up. You know, Four dollars a share to feel like that's a good risk reward and I'm only gonna make 400 so there's no point and there's no way I'm gonna take two or three thousand shares on it because I don't wanna risk three or four thousand dollars Today, I don't wanna go down really more than a thousand dollars in the red So I didn't even feel like I could take a couple hundred shares so I didn't end up taking it.

Uh, in that area it goes up to 22.25 and I was like all right, well you know, went higher but risk was too high. so whatever. It pulls back to the V web right here and this is where I was like, you know what? All right This is a nice little consolidation here and I bought 50 shares at 21. 50, 5, 0.

it goes up to a high of 23.50 so I was up 100 bucks. It pulls back and um, comes a little higher and anyways, I sold for a dollar a share. Now I tried to buy more but I only got a partial fill of 50 and I said I'm not chasing this. So I was.

I was like nope, I'm not going to chase it now. The thing here at 21 was the risk was about 20. So the risk was a little tighter. right in this area versus V whap in the 20 moving average? uh at this spot here the risk was way too high.

So anyways, uh, made a dollar a share on it and then switched uh to Pgy. So Pgy I've had on a side chart. you know for the last couple days. sometimes you have to be a little careful going back to the well too many times on a stock you had action on it on.

you know, Wednesday Thursday was flat Friday yesterday. A little action but wasn't easy as you recall. I went red on it and got that back and finished up 1800. And you know, now we have it here today.

So on this one, um this morning uh Larissa said okay, I'm watching this, uh over. It was like ten dollars and fifteen cents or something like that. Ten ten and I pulled it up and I was like wow, you know I see that and right there you got a green candle up to 10 34, then it goes up to 10.50 and you know I thought boy that's not a bad look. It's light on volume, but it's moving up and this is one that has sort of done this in these last few days it pops up.

Uh, so the trade that I took on it. um let me go back, Let me look at this. So my first trade on this was, um, a little higher. but I bought this one minute bull flag right there at 11..

that was my first trade right there. and um, it was a good trade. In fact, that those are probably the cleanest trades of the day. I didn't make a lot on those two trades because I didn't trade big size.

I bought 1500 shares, uh, added another thousand at 38, took profit at 41, added back at 57, and 60 took profit at Uh 83. you know, added back at 12 and just kind of kept trading it. But then I got a nice trade right here on this break back over V Web and this was a clean one. I was kind of watching for that possibility.

It was pinned between V-wap and the 20 moving average and I got in as it broke through that 1160 level of V-wap and we got a nice move there up to 12. And then this ended up right here being a nice candle as well. This was a resolution on an Abcd pattern on the five minute. Unfortunately, it ended up closing as a gravestone doji candle, so it resolved.

So Abcd pattern pop, pull, pop, pull, and then breaks through 12. we were looking for that squeeze up to 12.50 12.75 12 has been on watch since yesterday and we haven't been able to hold over 12. it keeps breaking but not holding and so that level continues to be in play. So anyways, those are my trades on it.

I took one more trade uh, the last trade was right here. Break of V Wap again, uh 11 55, adding at 11.60 and stopped out for a small loss at like 11 53.. So manage the risk, kept it tight, gave it a stab, but wasn't able to get another trade on that. So yeah, so that's where I finished the day.

Grateful to be above the daily goal uh, slightly and locking up another small green day here. So green is good and I'll be back at it first thing tomorrow morning and again. Reminder for those on Youtube in case you didn't already know: trading is risky, My results are not typical, and there's no guarantee you'll find success as a trader whether you trade with me or you learn on your own. So make sure you take it slow practices simulator.

Don't blindly follow and I'll see you for the morning show first thing tomorrow morning. All right, I'll see you then. Students will see you for class at 11. I hope you really enjoyed that video and make sure you hit the thumbs up and subscribe to the channel if you haven't already.

Our goal is to hit 1 million subscribers this year, but we won't get there without your help. so please please please hit that subscribe you.