How To Day Trade Reversals | QQQ Intraday Crash
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What's going on guys today is a fun video see today the stock market kind of took a downfall, so, on days like today, the entire investing world usually is scrambling like little chickens with their heads cut off going. Oh, my god. What are we gon na? Do this guy's falling in well in this video, i'm pretty much here to help! You guys understand a little bit about how this game works so that the next time you're sort of in a market environment like this you're just far less confused. So what we're going to do is we're going to look at my twitter feed today and then we're going to look at a stock chart and really what we're doing here is following the timeline on my twitter page in relation to the stock market, showing you part Of my predictions and then showing you the strategy that also allows me to predict these things so that you guys can do it too, so we're gon na go over here to twitter, so this was like an hour ago.

It's um. This is when i first really started paying attention to the market and kind of throwing in some analysis and trying to help the entire world on twitter. So an hour ago i had mentioned the seems to be attacking the price of 403.55. Look for big volume to come in and try to support the qqq here.

So let's see what happens at 403 50. so at 403.50. It would be this price right here. Excuse me right there.

So that's 40350., as defined by twitter. I said look for volume to come in support if you look at the volume here, there's nothing but selling volume. So when we get to this level, there isn't any buying it's selling. So in that moment in time we should say our first level does not look to be holding.

Maybe we look lower now you might be saying why are the hillary pointing at 403.50 later in this video that will become crystal clear so just know that 403 50 is a specific level that you yourself were supposed to be watching and that will become more clear. Okay, so now we go back over to twitter all right. Qqq counter trend bounce zone is at 403.65, the 40350. That was the first level you're supposed to look for for a balance in the day with confirming volume, as we got to that price volume did not confirm, volume was bearish okay.

So if we continue up, you will see qqq markets like to shift below supports just to stop out early buyers before ramping back up to the same level. So if the market shakes below the 40360 403 50 wait a bit then look to see if it bounces back to retest that price point. So you will see that this is 403.50 market shakes below bounces back to retest. That level, as defined by that tweet qqq markets like to ship below support so to try to stop out early buyers, look for a ramp back to that price.

So that would be the ramp back to that price. Okay. Next one up qqq, almost at the 403 50 area, start watching like a hawk. So at that moment in time the market just got to 403 50..

So i'm telling everyone watch it like a hawk qqqq markets break down 40350, let it bleed watch for a counter bounce back to 40350 as a retest of the break all right a little bit ago, qqq on a super slide for the day. We look next down to the price of 401 30.. Where is the price of 401.30? 401.30 is right: that's 401. 36 - that is 401 30 right there, as defined by the second red line and now the yellow arrow.
So, on a super slide for the day we look down to the next target of 401 30. The first price i gave was the first downside target. Let's see if the market support, if not, we slide down to 401 30 next on the qqq. So at that moment, in time, market is here: markets do not hold markets slide down to the next target of 401 30..

All right, qqq watch 40130, like a hawk now so at that moment in time we were at 401 30. qqq. If we are going to bounce any bit, it should be soon. That is, as we are in the 401 30s.

That's just some stuff about my internet, all right, qqq back to the 40350 as a retest of the first level breakdown. So after the market start to bounce here, we then suggest you look for the long target of this bounce back to 403.50. The market here ends up hitting a high off that bounce to 403.70. So it went 50.

It went 20 cents higher than what we were potentially suggesting, all right qqq. If the markets are really weak, your next little yank off this uptrend will be right around 403.50, give or take a few. So after the markets counter trend bounced back to 403.50. We suggest this is where you're going to get a yank in the market off this uptrend right around 403.50.

This is the uptrend that's 403.50, and this is your yank all right. So now i want to show you how i um go about doing this analysis in real time and figuring out all of these price points to trade to and from on a daily basis. Now, i'm not always this perfect or this spot on, but since i was what better way than to make a video and show you guys how i go about doing all of that. So now what we're going to do is we are going to put my strategy onto this screen so, instead of looking at a stock chart with kind of nothing on it, we're now going to show you how we determine that level, how we determine this level.

Okay, so we're going to remove this and now all these lines you see on the chart. This is my strategy. All right, specifically, we use a 180 day four hour time frame. So what i'm doing right here is exactly everything i do every single day so ready.

There is a potential level right here: okay, based on the 180 day, four hour, chart switch to the one year one day and we have our secondary level here as defined by that dotted line where my cursor's at so i just do this for fun and edit Them and do all this stuff like that, so now we have these two levels. Let's look at a one minute chart, let's see where those levels end up being okay, so the first level here and they do change a little bit, so they might be slightly different than when i was talking on twitter. But you will see that the first level and now, let's go back to the chart. So now you know how we got those levels.
We use a one year, one day and a 180 day time frame. And why pick these two specific levels? Because those are the two specific levels that the price action of the stock market was nearest to today, so if, in the event, the stock market was going to go to our price targets, which are usually these lines, then it's always going to be easiest for it To do that, to whichever level is closest right, that's why we don't go hey. Let's look at the green line up here because that's so far away that the reality is, it's probably not going to touch those levels for the day. But when we zoom in and we look at the stock market for the day and we go - oh, we got a level here.

At 403 we got a level at 401, that's very close to the current trading range of the stock market, so it is very likely or the probability is pretty likely - that we can trade into and around those levels. So it may not be entirely specific, but in a probability based environment which the stock market is, it is much easier for the stock market to go down a few dollars a day touch those levels, and it is for it to go up 20 today and touch The really high level so that's kind of the concept there for you. So now, let's look at the one-minute chart and see exactly where those levels are at, but let's do it on a chart without all those lines get a little bit more clean. So now, when you look at these lines, you will see that this first level is about 403.50 and this level will not anymore, but it was 401.30 now 401, so you will see, as the markets were sliding this way i determined the markets obviously are bearish and We're going to try to trade down to our first statistical level, which is 403.50.

If the markets are strong or they want to support this market, you will see buying volume coming here. If you look down, it was selling volume right right here selling. So when we got to that price, the market did not shift into buying look down so the next target down 401 30, so we'll just kind of point to there. That was the next target down, because that is where the statistical levels at so we break the first statistical level, which could be a target on the downside and a potential reversal support level if volume confirms in this case it doesn't so then market target down to Next statistical level, if volume confirms then long, you will see that the market shifts back to entirely buying volume.

As soon as we get down on this candle, so volume confirming the 401 30. look for a counter trend. Bounce back to retest. The breakdown breakdown was right here, one of the breakdowns, if you don't use standard, deviation the way i use standard deviation, then you yourself would have maybe never really considered 40350 as a breakdown.

So that's also, maybe you know, but either way. So this is a breakdown and that's why you see the market bounce back tag that level and then sell off again, so the market broke down, hit. Support volume confirm counter trend, bounce back to the most logical statistical level, that's nearby, which is 403.50. If the markets are weak and they want to continue downtrending, they should stay below this point.
And if the markets are going to be strong in the next couple days, maybe even overnight, then you would hope to see a higher low system. That then, clears back over 403.50 and we potentially start a flag pattern breakout like so so. Ladies and gentlemen, i believe that should be pretty clear, cut and dry as to how we use our trading strategy on a day-to-day basis, things that we're looking for and how we predict the market, basically before it happens. So if you look at those tweets, those tweets were before the market did any of this okay.

So i'm tweeting all of that out before the markets reach these prices. So we're not talking hey we're at 403.50 and we're at four. We are, but you know, we're giving that analysis and we're looking at these prices before the markets get there, so we already have a plan and things that we're looking for. So i hope that video really helps you guys.

Uh hit the thumbs up. If you like it and uh sorry, i wasn't online streaming today, um, if you guys have followed my channel for any bit of time. You know that it's almost nearly impossible for me to get onto youtube and stream live publicly on a day-to-day basis without our stream glitching internet going down or something really screwing up on on the day, so really unfortunate, um. Hopefully i can get my internet up and running or the powers that be just just don't want me streaming so um yeah again, i'm not! You know it's possible that there are powers that may be that don't want me on live to youtube, showing you guys this on a day-to-day basis.

But that's just conspiracy talk, so you guys have a good one.

By Stock Chat

where the coffee is hot and so is the chat

13 thoughts on “How to day trade reversals qqq intraday crash”
  1. Avataaar/Circle Created with python_avatars Tigeril says:

    Great video! Very clear explanation of your technique. Well done, and worth the LIKE! πŸ™‚

  2. Avataaar/Circle Created with python_avatars Okayman says:

    nice yob ma man

  3. Avataaar/Circle Created with python_avatars Mike The Stock Impaler says:

    πŸ‘

  4. Avataaar/Circle Created with python_avatars DjSuperK says:

    Goat

  5. Avataaar/Circle Created with python_avatars mrorbit2u says:

    Best analysis on YT and only 80 Fn likes??? Sorry Connor, you're too good. Got any mouse pads or dirty boxers to give away. Maybe that will help.

  6. Avataaar/Circle Created with python_avatars reloading time says:

    6 days green. People need to watch and learn. You wont find a better teacher. Period

  7. Avataaar/Circle Created with python_avatars bob segar says:

    I wish I was able to watch the market a lot more than what I do, ten day statistical mean is a good level to use also BFGV bounced exactly off the 10 day mean today that I plotted Friday.

  8. Avataaar/Circle Created with python_avatars bob segar says:

    Ever do much on potential earnings plays? I like watching for bottoms then check the fundamental side on one I like from technicals and buy buy buy like BRBR on that death cross and -2 deviation on 180 day

  9. Avataaar/Circle Created with python_avatars Anthony Spielman says:

    Good stuff bro πŸ‘

  10. Avataaar/Circle Created with python_avatars Janx NoLoveTV says:

    hey very nice video Connor, can you do a technical analysis on AMC next? To see if it’ll squeeze past $100 this week or drop hard. Thanks!!

  11. Avataaar/Circle Created with python_avatars Mustang Man says:

    as always good info , thanks Conner

  12. Avataaar/Circle Created with python_avatars Johnny's Garage says:

    Connor YOU DA MAN! the standard dev channel is a game charger and I thank you for it

  13. Avataaar/Circle Created with python_avatars Miss Tiny Trader88 says:

    The deviation works folks. People deviate in life so it should make sense that they deviate while trading. The levels are where people deviate to and from is how i look at it. πŸ˜€

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