🔥 GET TWO FREE STOCKS HERE https://bit.ly/3fukyhO
✅One on One Mentoring https://bit.ly/38kPv3O
✅ Day Trading Course ( TRADING STRATEGY) - FULL GUIDE https://bit.ly/2C3dnMU
✅ Those Diagonal Trend Lines On My Screen https://bit.ly/2XOp7uR
✅ Custom Volume Scanner https://bit.ly/2UqlKZ5
✅ Fastest Market Scanners https://bit.ly/3uo6cVg
DOWNLOAD https://bit.ly/2PxgXSy https://bit.ly/2DujgU1
✅ Fastest Market News https://bit.ly/2DuaPbj
Unusual Option Scanner - https://bit.ly/2Y82YYj
✅ Free Chatroom 30,000 Members https://discord.gg/h3sgSpP
✅ Boiler Room Trading FB GROUP https://bit.ly/2PxD2k5
Most Popular Standard Deviation Videos
1. https://www.youtube.com/watch?v=al4WTRYFUU0&t=6s
2. https://www.youtube.com/watch?v=tNdpkHGhn_E&t=4s
3.https://www.youtube.com/watch?v=w4wEK5lUtuY&t=70s
#StockMarket​ #AMCStock​ #GameStopStock​​
gamestop, gamestop stock, gme, gamestop short squeeze, gamestop stock explained, gamestop explained, amc, amc stock, amc stock prediction, amc live, amc stock live, amc short squeeze, amc squeeze, amc price prediction, gme stock live, gme stock prediction, gme stock analysis, DOGE, BTC, BITCOIN, CRYPTO, BB, KOSS, gme stock explained, gme stock short squeeze, gme stock news, tesla, tesla stock prediction, tesla stock analysis, tesla stock today, matt kohrs, matt kors, stocks, stock market, investing, trey trades
DISCLAIMER:
All videos or content posted on this channel regarding stocks, investing, stock trading, money, money, wealth, retirement, or any investment vehicle is entirely for educational purposes only, please do not take any of the information literally, and always speak to a professional/licensed investment specialist for any investment decisions.
✅One on One Mentoring https://bit.ly/38kPv3O
✅ Day Trading Course ( TRADING STRATEGY) - FULL GUIDE https://bit.ly/2C3dnMU
✅ Those Diagonal Trend Lines On My Screen https://bit.ly/2XOp7uR
✅ Custom Volume Scanner https://bit.ly/2UqlKZ5
✅ Fastest Market Scanners https://bit.ly/3uo6cVg
DOWNLOAD https://bit.ly/2PxgXSy https://bit.ly/2DujgU1
✅ Fastest Market News https://bit.ly/2DuaPbj
Unusual Option Scanner - https://bit.ly/2Y82YYj
✅ Free Chatroom 30,000 Members https://discord.gg/h3sgSpP
✅ Boiler Room Trading FB GROUP https://bit.ly/2PxD2k5
Most Popular Standard Deviation Videos
1. https://www.youtube.com/watch?v=al4WTRYFUU0&t=6s
2. https://www.youtube.com/watch?v=tNdpkHGhn_E&t=4s
3.https://www.youtube.com/watch?v=w4wEK5lUtuY&t=70s
#StockMarket​ #AMCStock​ #GameStopStock​​
gamestop, gamestop stock, gme, gamestop short squeeze, gamestop stock explained, gamestop explained, amc, amc stock, amc stock prediction, amc live, amc stock live, amc short squeeze, amc squeeze, amc price prediction, gme stock live, gme stock prediction, gme stock analysis, DOGE, BTC, BITCOIN, CRYPTO, BB, KOSS, gme stock explained, gme stock short squeeze, gme stock news, tesla, tesla stock prediction, tesla stock analysis, tesla stock today, matt kohrs, matt kors, stocks, stock market, investing, trey trades
DISCLAIMER:
All videos or content posted on this channel regarding stocks, investing, stock trading, money, money, wealth, retirement, or any investment vehicle is entirely for educational purposes only, please do not take any of the information literally, and always speak to a professional/licensed investment specialist for any investment decisions.
Good morning guys, good morning, everybody good morning, good morning morning, good morning, nice robert good job yeah, i was uh. I was pretty close to buying some calls before the close uh yesterday and then i just kind of held off. You know, because i do that from time to time. I'm like you know what you know because there's always this because i'm so into i don't say i'm so into, but my my brain just automatically goes more towards day trading and so um a lot of times.
I can goof myself up by doing that, because i kind of just i'm just i mix the two together, sometimes um improperly, that's a good way of saying it. A better way of saying is sometimes it'll suck at swing trading options because i'm more of a intraday sort of guy, so yeah no uh. I did not, but i was thinking about it, but thinking about it don't make you no money all right. So, let's uh.
Let's just first go through the market, and then we can talk about some other stocks that i'll probably keep an eye on really the past. Like a couple weeks, i haven't even really traded many stocks, just basically traded the indexes, but um yeah, so uh. If you watch the the video i posted this morning, then you're probably already up to speed, but the way i saw it was um. I thought that you know: there's no, no, shame nothing wrong with seeing the market start today, with the smidge of a pullback down to support levels, and only if we can hold these would we then consider to be long bias off them.
So this level here, let me i think you guys - can probably see this pretty good. Let me just zoom in a little more and take this off, so this level here is uh that's six month and that's uh weekly yearly yeah, the levels that are on the charges and fy they're they're, either they're either yearlies like in terms of timing, time frame Or six month now you know whether it be one or two deviation, that's different, but the time timing aspect is all a one year perspective and a six month six months are always going to be well, probably they're going to be the the thinnest, so the smallest Thinnest width anyway, so this is six month that is uh your year, so um for the market to go like this and pull back to here i mean basically, it would be pulling back and testing its six month to 12 month trend. That's it! So. You know if this rolls over everyone's panicking.
Oh my god, it's good! It's literally just pulling back to it six months to 12 months trend. That's it all right, so i myself would totally love to see mark it down like that. Go for a little dippy dippy! Then maybe a little rippy rippy, something like that. I think that would be cool.
Let's go pop on at the q's and we might even need to kind of look at what happened. We should totally look at what happened in the after hours training sessions leading into this morning, because that probably helped you understand things a little bit better. So let's do that. Let's go back! We'll! Look at the e ass, we'll look at the q key or we'll look at the es and we'll look at the forward, slash enqueue and that will just kind of grind us right into um the morning. So let me take off this this these these and these and these levels changed a little bit yesterday. They're they're always more active, i don't say they're always more accurate. I mean they always look perfect, all said and done because that's like because eventually, like the standard, deviation that figures itself out a little bit um in the immediate. Sometimes they they don't always go to perfectly.
Sometimes they do go too perfectly, but when you're kind of going back and doing hindsight analysis, the levels aren't exactly the way they were when it was actually happening. So sometimes they'll be less accurate in the hindsight, 2020 and sometimes they'll be more accurate. In the hindsight 2020., it isn't and always oh it's more accurate in hindsight and absolutely incorrect. No, the hindsight 2020 analysis with this sort of system and a strategy and approach can actually look better in hindsight or worse in hindsight.
So it's it's really. You need to be using this in the immediate site every time to get the most accurate representation of what the market structure actually was in that moment. So hindsight, 2020, theoretically, doesn't even work with this analysis to a degree. So let's look at the five day.
One minute on the forward: slash nq here: okay, all right so yesterday, where are we at right there all right so yesterday, right here, all right! I don't remember i feel like i did. No, i didn't. Maybe i did i don't know i post so much throughout the day that i don't even remember who i'm talking to anymore but uh. I definitely posted something on twitter.
At least i definitely did oh yeah, i posted on twitter, so twitter, i made a tweet or something. Oh, i don't have that level on this. I need to add that hold on, as you can see what's going on in the brain, so that was right. There.
All right promise you i'll stop talking to myself in like a second. This will all make sense, so i make my monthly levels: teal, the teal color. Why? I don't know i just do so yesterday we didn't well, we did discuss it. We absolutely did discuss this yesterday.
You may not have noticed, or you may have forgotten it may not have emphasized that much, but when did the market open, so they are going to open there. Okay. So this was the level, and these were the levels pretty much we're saying: you're, not really long biased until the market's above and holding these levels right so you'll see once the market got above and held the teal, which is a monthly level. You then, to make it simple: you basically just held a monthly support broke over your weekly support, held your weekly support, went to your six months.
Resistance at that point broke your six-month resistance, and then you ran a little bit right and these are all breakouts. So you ran and then you pulled back to test your breakout, so you pulled back to the weekly held the weekly broke back over the sixth month held the six month, and then you ran overnight, and this is where we're currently sitting at this morning. Okay, that was a forward, slash es and then, if we go over to the cues right, cues are slightly different but same scenario. If you broke up through all of your resistance, you got over your weekly uh daily. This isn't the level it should be. It should be bigger than that, so this is uh daily weekly monthly broke out, held above the monthly held above the monthly and we'll talk about these dips a little more in a second and then you can see it went on a run right now. This you can see, there's no levels to tell you up here right. There isn't anything.
So these all of those levels which, if you watch the early morning, video all of those levels tops bottoms, were all determined by the forward. Slash yes for me right if i were trading this, which i wasn't actually trading, i was just practicing and learning and doing whatever um, but if i were trading this, the only way, i think myself, i could trade that logically with knowing what i think can happen, Would be by using the um the forward, slash es, because the forward, slash es, gave us a bounce. You know it gave us resistance levels here which then made that resistance top okay, the forward slash es monthly, was down here. So then that helped us predict.
You know this bottom, which at the time you can see, nq came almost to its monthly. So, regardless of whether it was the forward slash es or his nq, i mean regardless we were pretty close to the monthly all right, and so then um. You know, there's breakout levels in here to watch for on the es which will help. You understand breakout levels on the enqueue and then you'll see that we run into six month.
Resistance here, es you'll see that we run into six month resistance there, which you can't see on the enqueue, because it doesn't exist and then you'll see we pull back to the weekly here on es. We pull back here, enqueue bottom, then you'll see we go back to the six months top here on the es we top there um, you know and then you'll see. We pull back on the es down to the weekly down to the weekly here and that's what ends up creating um now. These were obviously a little more aggressive on the selling, but that's how we would have kind of justified those bottom actions: okay and then, when you finally get through all that show.
If you want to call it that you look upwards on the es and you have nothing okay, so now we go over to the enqueue and if this ever works, it's cool. Okay. Now we go to the end cue and you look okay. Now the end queue has a target here.
All right, oh and let me actually, i could be missing something. Oh that's right, because that was the spy and i'm looking at the es now. Is that correct? No, it doesn't mean anything okay. So now um, if you were to try to look for a long target, you don't really have any long targets up for the es right now that are close, they're really far away. So now it's like okay. If we look at the nq, we see the enqueue has a target up to like right here. So that's not too far away. That is possibly within the realm of possibilities today.
So um, you know the way we see it is. This is obviously you can see how many times hold on sorry. So right you can see you broke over held held held so as markets or if markets come into here. We're gon na look dip long right now there can be a bearish move down to these levels for a re-test that you trade, so you can obviously be looking at.
Maybe a bear trade down to re-test supports and then once a good hold happens, you could flip back to the long side. That's probably how i'll watch the market i'll probably watch, maybe even consider a bear play down to re-test trends today and in the event we don't hold that i'll just remain short and in the event we do start to hold, maybe i'll cover, and then i can Flip long into a reversal um, it would be pretty shitty if the cues are going to go to test their support, because i feel as if this supports a little farther than these, so yeah anyways. That's what i'm saying is there to me, isn't really any true support on the spy until about there and on the q's till here um, but the queues could obviously bottom here or something like that if the spy picks pick support. First, you see what i'm saying um so to make it simply the downward targets on the spy for me today are well.
I should go to the spy, because these are the e, so we'll just do that really quickly, all right, so first down target on spy for me is 458 10 give or take. You know, because these are trend lines that are like on a diagonal. So it depends on when it actually happens right. You know you can see the trend lines.
480. 458. 10. Here if it happened in like 35 minutes, it would be like 4 58 15., so it just you know, give or take 5 10 cents on these numbers.
Um second down target spy would be the weekly 457 30. um. Those would also be the projected like when the spy is at those prices. You would consider that whatever price the queue is at those are going to be uh, it's going to bottom there right.
So you know, if you look, you go oh well, we don't have support on the queues all the way down to here. It's like true, but if somehow the spy held this and started going, then you know the queues might just stop there and go right. So so i'm saying is you don't have support levels on deviations until down here, but if the spy picks, then we could see something like that. Um so down targets and then uh first up target on cues would be 386.
20.. Arguably happens today, maybe not today. Maybe tomorrow, maybe at a later point in the day, but that's my first target up right now, i'm only suggesting new upside targets once we can surpass and clear that as of now that will be the only upside target dude. What is the spy going to do at open uh? I would say: pull back, try to tag support chain, second or fifth yeah, so there's that um for your penny stocks. This morning you had ppsi time is at 9 20. you get ppsi moving um. You had relie move and these all started taking off like way early in the morning at four in the morning, but this one went through a good dip, so there's that uh ttnp, i haven't really even looked at this one arguably actually could end up turning into Something decent, uh erj was another stock that was on our list of things: okay, um, aside from that um watching the stock pfe. Today i was gon na watch, pfe short today, um for a bear move.
We have already started kind of cracking a little bit so today going to be watching pfe on the bear side, pretty much, i'm bearish unless it gets over 61.23 and then, if it does end up falling apart, we're going to target down to 59.. If that breaks then we'll target down to 58.70, if that breaks and we go to 58 blah blah blah blah blah, you get the point uh, but for now, first target's down pfe on a bare side move gon na be looking after that first level. I told you is wrong: we got a new, updated one 59 22., something like that. 59.
22. First level, down there, um neo was a stock. I looked at last night. I thought, could maybe flip into a long play um with a target.
Did it already do it? No, i don't think so i mean it did go up, but i mean i i mean hell. It might have just done the long trade i was thinking of yeah, um yeah. I mean well yeah. Well, wait did it, you know, i don't know.
I just don't remember what i was thinking. Last night i looked through so many stocks um. I know we were down here. We for sure gapped overnight, so yeah we hit my first target, so that was it.
That was the first target for me. So if, like you look at this chart - but that's i mean obviously i would have been going for more than that. So look at right. This is where we closed.
Okay, that's where we close. That's where my next statistical level would be so when we closed this morning, we gapped up onto right at our my next statistical level, so with neo. The way that this sits is only long above right, so you're looking for breaks above that level and holding above to consider adding or being more long bias on that move all right and then you would be targeting up to 29.66. So if we look at say a five day, one minute, this is what it looks like right.
So you gapped up into a known potential resistance. Only if you're holding above would we consider to be long bias. Uh, hi, connor, which time frame is the monthly trend. Uh, the monthly time frame one year monthly, how about rely? Um, i mean yeah. I think it jumped up already went overbought, so yeah you're, basically buying parabolic stocks up trying to basically buy them higher and sell them higher, so you're, just you're already late to that. Not that you're, not that it can't keep going, but you should have bought like the dip pre-market, is really the how you should have been trading that so, if you're looking at trading reli right now, i mean you know, think about it all right. So, let's think all right move started here, went to there great selling location, that's why it got smoked dipped by ripped, pull back ripped back to the selling area. So that's where you're trying to buy, even though it started here and then had a dip here.
No, you may not be trying to buy that there never mind, never mind it's false, because you could just be ass and opinion-wise. What do you think about my thoughts? Are? This is overbought and only if you're getting extreme buying volume, basically taking you through um the price of 842. Should you be long? Otherwise i would be bearish, not necessarily bearish, but what i would be watching for in this instance is a break below this level. Holding below and if so then, a fallback to 609, so i assume, if this market gives way under 7 30 stays below 7 30.
The market will try to go back to about 669.. So right now from this level, max long is purple and max drop. Is this like that? That's pretty much it all right! You can see here just like when you cross this blue. You go to this white resistance and then you break this.
You go to the purple. Then you break down go to the white. If you snapped up purple snap down blue and that's literally how the market works on a day-to-day basis, pretty much for everything except penny stocks are more volatile, so they can just do those shifts much quicker yeah but like by the end of the day, right like If this ended up rolling over and crashing, it would probably look something like you know like this would be like down bounce either spike up to here and then try to do something or like that, like you'll literally see like tops, will be the lines. Bottoms will be the lines and then runs will be through the lines like that.
That's probably how that would probably take place, something like that so uh bbig bbig, i looked at it, doesn't matter when i looked at it, but this still kind of has some potential. So again, the way this works. Actually this will be fun just to show you guys for kind of shits and gigs. Let's see where are we at and there we go where we go there.
It is all right, so this is from december. I don't even know i think it was december 12th. I think i did this on december 12th, so december 12th. This is a screenshot of how the market structure was on bbig um.
So if i zoom in a bit you'll be able to see maybe a little better look at the price there 362 in yellow - that is the price of that thick, yellow line. Okay, that is our uh plus one deviation, target probability better way of saying it all right. So um. You will see that we were getting a bunch of volume for threes, fives, fours, two fifties: threes, sixes, threes, blah blah blah, doesn't matter someone's bullish, a lot of people are bullish. People think it can go up all right. You will also see in this picture. You see that thick dotted white line where the dip holds. Let me zoom in, and i got to finish this up before the market opens.
You see that dip right there, how that holds so you can see market is down trending down trending down trending pop up and over potential uptrend high or low. It's just a matter of breaking out previous swing tops now. Okay, all right bbig is starting a new uptrend that was on december 12th. The way i see it last week, bbig broke up into an uptrend over the weekly dotted level.
Then you see it pulls back for two days or so back to the weekly aka. The breakout level it maintains and starts to push back up. I will be bullish vbig next week until it's back below the weekly or until it hits targets on the upside, which right now are the yellow deviations 361 to 3 8.. Only through those prices can we discuss fours and fives.
How was december 12 just yesterday, the top of the market for bbig ended up being 361., so that was sort of lucky, because the deviations actually moved to 339 and 355.. So realistically, your target zone yesterday was here, but i was able to recognize that you know on december 12th can't say i'm a genius. Nor do i have billions of dollars, but i'm on my way, don't you worry. I am well on my way so um.
What do i think about bbig? It would be the same thing that i said on december 12th. We can only discuss fours and well hold on. We can only discuss fours and well. Fives are up there once we get through here so up through then we'll discuss that but yeah.
That is a possibility, but there's a lot of bag holders on the stock. That's why that thing got annihilated so hard. I would imagine myself, but yes, through the weeklies and this level, the dailies, we could discuss them. Okay, all right! I got to get myself more prepared here so give me like a half.
A smidge of a second market probably will open and i'm not going to be totally ready, but that's okay. It's really not a big deal, oh on guys, i'm just getting a couple things in here. I really should do this before the bell, but you know i get carried away talking with you guys it's just too much fun, um, okay. So that is that's good.
I think so. Three, that's! Okay! All right! So so far market pretty strong little dippy dippy there, a lot of things dumping out this morning, uh pfe, completely crashed down to my target, didn't even get a second to open a short on that. So that's kind of unfortunate. But you know what can i say: um so pfv all right, you little little sucker you little sucker a little tickle monster you but yeah. I mean that's first target down on pfe um, congrats um, so only below 5908. Well, i consider to be more bearish. The first target up for the qs is 386.. I've got um, i did get small purchase for 385 calls did get a relatively decent purchase come through for the spy for uh 460.
Uh 462 calls all right. So we do got someone thinking. We can go 462 on uh. The good old spy today give me a second here.
I want to pull up this all right, so wow such a gigantic sell-off from pfe yeah. So if pfv starts to go below and hold below 59 59.05, then uh, then i'll. Look to be more bearish on pfe, so we hit our first down target, so that was the first move down now. If pfe can be below 59's, we should see some more bearish moves.
Um apple, getting smoked, nvidia getting well, it is getting hit down a little bit all right, so there goes pfv below uh 58.97, i'm gon na add a little short now, theoretically, hasn't even really held below all that much just adding a little in see. If we end up maintaining below these key levels, if so, i think we can continue to see pfe fall out so grabbing uh, so grab some yeah grabbing some puts and if it holds and it holds, if it doesn't it doesn't. Why are you being so dumb today, um market, there kind of holding its dip pretty well starting to move pretty decent, just an fyi. This doesn't even make sense all right.
I don't know my uh, my weeble account wants to do like stupid stuff right now. It's rather than i don't i don't know, but anyways uh still bearish on pfe uh 58 puts um. Why is it just so dumb right now? I don't even know i don't know folks, i don't don't know, don't know what to tell you, don't know what to tell you so um the market's going up a little bit, pfv still kind of going down, so that's cool. So currently um.
You know the max downside target for me: pfe is going to be 57.77 there. My puts are at 27 profit right now, um, so i'm going to take some profit on a lot of those still holding some um, so gon na remain bearish with just three contracts. Now, on uh pfe contracts are about 30 29 fluctuating so kind of worked in that trade. For now so as long as again as long as it stays below here, that's good um right below 59s to 5905, and now we can watch his puppy fade out market.
Not looking so hot right, now kind of looks bad tesla, tesla's moving pretty good for right now, um the market is really just kind of going back and forth a little bit. Let's see yeah the queues are getting run down pretty harsh. Why would i be on this doesn't make sense, okay, so kind of watching the market bearish here see if it snaps below down into our statistical levels, um that would be sweet. There goes the retest on a pfe.
It could have added a little short there on that retest with pfe. Just an fyi. Are you kidding me? Would you just update already? This is such a joke? Thank you, jeez! Oh pete. What is a guy got ta do over here to get to work right on a day-to-day basis. I mean come on holy cow. What am i supposed to do? Oh this is so confusing. All right pfe puts up 46 percent again. You know the targets you're not confused.
Pfe is still getting mcdonald right now. Um the market just hit our first down target, so theoretically, um dude. Why is it making me close orders so stupid these days? It doesn't even make sense whatever update weeble just did it straight. Whoever their developer is should just probably probably quit today all right.
So again, that's the first uh, that's the first down level which we're not even really at right. If we zoom in we're not even there right, we just kind of got there, so you might see a little tickle here. You know you might get tickled sideways a little bit. No big deal um.
You know stupid, stupid weeble, so just so dumb, whatever you guys did just terrible, given the current volatility of the market shut up all right, there goes uh the spy through the first target um. Currently, you know, apple still looks like tesla still looks, like nvidia still looks like so everything's still going down so right now we might even suggest you just kind of watch. The market fall apart down to the teal monthly level on the qs. So let me bring that back up so again, here is your well, it's not loading yet okay, so your teal monthly level is all the way down here.
Weekly levels are down there, so we might be looking at a nasdaq weekly level retest before things get a little bit comfortable for you, alrighty folks, alrighty, i'm going to uh well, never mind, maybe not! I have no idea because weeble just all of a sudden, really really freaking sucks, i just i they used to it, used to be way easier. To close your position, i could do closed position and it's like all right yeah. I want to close by a limit order. It's like you're placing a limit order to sell pfe put 100 contracts.
It's like no, because i only own three so there's no way i could be trying to sell a hundred. So i don't know what you're talking about but you're, causing me a lot of issues right now and it's not fun right um. You know, i only have one. What do i do? I i don't know what i do here.
I i don't know i'm so confused. I didn't know: pfeu was supposed to go down, i know where it was supposed to go. I had no idea the market was supposed to go to. I had no idea, i don't what's going on right now.
I don't know guys. I thought we were bullish overnight. I mean that's what everyone told me i'm funny all right, so i am uh going to get ready to lock in my put on the market because that puppy's paying that boy's ups 15 jeez, oh pete's, i'm just gon na close. I can't even think.
Oh, don't you do it to me? What is the deal? Why? Why aren't you selling the order, cancel jeez man that new order entry is really screwing with me all right, so just geez gosh darn it would you just work already all right. So that's the that's! What i'm working on in terms of the pfe play? So that's what it's netted so far, just kind of holding on to the smidge of three right now, so it hit about 42 percent there dude so frustrating this morning. All right, i locked in my uh locked in my short there on pfe, i mean it's probably gon na end up trickling down a little bit more, but i actually screwed up my order. They're meant to lock in two out of the three then end up buying two more because the order entry thing's all re stupid this morning. So i think it's best to just take a seat back and just uh calm, my nerves, because i'm already getting pissed off at the way these people develop things in our world. Let's see, let's create a new order to sell ship and, let's see, if it tells me, i have 100 contracts. No, no okay, or maybe it's just a new update, and i don't understand it completely you're replacing i i don't know well what what what's it hurt? If i just buy one contract and see what happens all right well, i guess i will buy uh. I guess i'll, i don't.
What am i gon na do if i'm gon na buy one contract, i might as well make money doing it. So that's a retest of, but that's also a strong bounce off the weekly. So again you can see that right. Excuse me, so you can see we pretty much come down to the weekly level and we bounce right and if you look at the buying volume on the market, very good, buying volume coming in there.
But a lot of things still don't really look that good uh. Nice thanks robert. I appreciate you bfri emcee at daily level. Did he talk about amc? No we're not talking about amc um! You know i got ta say i would be trading.
I mean i already traded great today. I already been trading great. I did great, but the reality of this situation is that order. Entry thing is uh that really really goofed me up today, because it made me feel a little uncomfortable on some trades and i did some stupid entries on accident.
So but i mean there goes our pfe move. You know down to the so that's another thing like should at least kept one runner, but then i screwed up my uh. I screwed up my average because of that accidental entry on the long side, because you know people at weeble decided they wanted to be dumber, that's great um, so yeah i mean i just got to sit back and let this market play out for a bit before Before i try to rationalize anything new and do anything new, because again, that was the game plan for me today was to be short, pfv, be short, the market to probably start the day down to these levels, and i still really didn't execute all that great. I mean i did everything pretty much as a market market did everything. I said it would do so. That's good, but uh still didn't trade good enough. I mean i traded fine but uh, but that's a trigger of mine. That's that's the thing that can get me in trouble is me not trading as good.
As i know i can um, but also not trading or fully following through with every plan. Like you see, the plan was to go down to the solid, yellow and we're almost there, but i'm not even short anymore, also because order entry kind of goofed up today but that's a trigger of mine is, is losing money. I don't even care, i can lose money and not even worry about it, but it's not trading good that really irks me or being in a position that i cut too early. Don't listen to my plan.
Those things bother me because i know i know so when i don't do what i know i know then i get mad at myself and then i try to do more than what i should and then i can hurt myself. So, like you know, that's it. You know: that's how i that's. How i can have a bad day is when i am mad at knowing my skill levels higher than the way i performed for the day.
But you know it's a green day and, as i said yesterday, i could quit trading right now and stop looking at the computers, because my job is done. I came in i executed my plans. Uh market did, as it was expected to do um, and it's just my day to give back at this point. If i want to so all right, the sava will explode after the halt news now something we might should we look at pfv, though i mean we.
I was gon na say a lot of times. You might look for like a reversal scalp here, but i'm not it's. Just such such a bearish move, but god i'm such an idiot. You know it's so obvious, sometimes but um.
Let's see watch for like a long bounce here, don't trade it just watch. Watch people cover their shorts, so you can. You can understand the ebb and flow and if it doesn't right so it's not that it will. But it's like you know, you're, coming into a desirable short target right.
That was our short target, so i would cover my short here. Other people would cover their short and then anybody that knows we'd be covering short. They might be optimistic to try to buy a little reversal long off it. So you know in this downtrend.
If i had to pick where we would see a bounce start to happen, the it would probably be around here at least an attempt. Let's see how weak it is. No, i mean no, no problem anthony have a good one. So yeah i mean um yeah.
I mean no, no, no big deal. If you i mean, when i tell you guys a target, i'm scaling out the whole entire way right. So it's like you know, even though i say hey we're gon na go to here. You know: i'm still gon na take some money along the way um, because there will be a day when you're wrong, and if you don't you get your ass kicked.
So it's just a cautionary measure to protect yourself from future events. That will happen so yeah you'd feel more awesome. If you just bagged, you know like a full-size trade all the way here, but then, if you try to bag a full-size trade next week, you get reversed on and then you give back half that win or all that win, you'll be pissed. So um it's a cautionary measure, but um. You know it you're the full size right if you had a whatever it is like a twenty thousand dollar account today right and you went full size, this trade - let's just say you leveraged your whole - account right, which you don't wan na do, but you did right And you made, i don't know, let's say five thousand bucks or whatever it might have been um all right by only taking ten or five percent of your account you're not going to make 5 000 on that drop. Even if you hold it the whole way right, but by making 250 today 300 a day and then coming in tomorrow doing 250 300. And then you do that for three months, then your account, you know, maybe it's 50 grand and now your typical daily size right will eventually get up to 25 000 right, where you could be comfortable doing 25 000 in a trade where yeah this trade is gon Na net you five g's, because you know that's just your size now so um. That's the way.
You kind of consider that all right! So now, let's look at the volume here right, so you see the volume on our volume system. You can see. We've shifted entirely to buy volume right, so i don't. Even you know, i'm not perfect right, but a lot of people will look at volume and say: oh, we need volume for a buy and this and that right and meanwhile the whole time.
I've already just been planning to go to here and planning to watch for a long here, anyways. So the fact that volume is coming in it's just more or less confirming what i already thought. I knew as opposed to me looking for volume trying to confirm something that i want to possibly happen right. So you can see, we tried right.
Volume came in tried to hold the weekly. It's really not working very well, so my assumption is probably go through. It. Uh amc is at its weekly um wow, okay, so that's spiked up again today: yeah, that's a short trade uh in my opinion, yeah.
If we would uh yeah, we should have bagged some of those plus where we're gon na go we're gon na go 30. I think we go 30., i'm going to add some puts to that, i'm going to chase that one down a little bit small size, but i'm also going to be waiting for a retest of the weekly to add more shortened to so i took a small chase There in case this just flops out which we'll see um, but then i'm also going to be looking to add short off that 3084 and then trail the market back down, hopefully to 29.95 and or below that would be cool could be wrong, though, could be wrong. We'll see added a little more there on the bear sign, you know, let me just double check game. Stop make sure i'm not making you know too stupid mistake.
You know, i think game stops just kind of chilling, though hmm doesn't really seem all that bare how's. The russell 2000 doing today so the russell 2000 starting to get a little weakness, maybe so added a little more short there off the weekly so added a little more on the bear side off the weekly there on uh amc, all right, there's the crack all right! Now, if we get a true break here, we might swing all the way to 29.95. That would be sick, all right, guys, still holding short on amc. I did cover a little bit of profit on that drop because it was an instant smack, pretty much giving me money instantly, so i had to take a little bit, but i still like the way this is progressing um. What i am watching uh behind the scenes, though just so you guys know, i'm watching the russell 2000. You can see the russell 2000 came to the weekly right here. So basically, if the russell 2 goes below this, we can see more weakness on amc. If it doesn't, we might get a small hold and hesitation from amc there, so you can see how amc is holding and coming up simultaneously with the russell 2000.
Okay, okay, so probably going to be all right, so stops are in place all right so stopped out on amc there. So again, that was the retest of the weekly short and that's, where shorts are starting to kind of get taken out a little bit now. Arguably um we still could be getting ready to sell back down on amc theoretically, so we'll give it another second watch it, but the russell 2000 did break up a little bit there. So it's going to uh! I see why we're starting to pop a little bit there on amc.
Arguably, doesn't really look all that good though uh yeah we're working on it right now to get the auto deviation system out, so that was the immediate continuation move which didn't really work that well huh. So the question is it's like what is this qqq going to do? Yeah, i'm wondering if we should start considering a dip long on the market now, all right, so it looks like the nasdaq is almost down to the teal level. So it's amc. It's kind of getting a little bit of weakness again slightly, nothing too crazy, so you know the way i see it is.
This was the first attempt continuation off the move. This was a second attempt to kind of continue down off that level, all right so yeah. I would say if, like amc i mean ideally there's not going to be anything too crazy on like a long squeeze pop unless it's over the weekly um, you know you're kind of in a slight little trend down um, but yeah. I mean the market's kind of looking a little better there, um yeah.
I think you could see markets kind of maybe pushing up towards like 458 a little bit, i'm still giving it a second, though myself, how do you get the weekly level on your chart? Um? You go to boardroomtrade.com and pay for our custom coded script in simplest terms. Hmm yeah, i mean the market's just news markets. Just pulling back down to support really is is the way i see it. Oh pfe, starting to bounce a little bit down there off that weekly level. As we talked about earlier, there goes amc kind of creeping up through the uh, the weekly level a little bit. So there go the shorts squeezing out of amc people holding too long waiting for i don't know what but yeah too long yeah it doesn't yeah tesla is not looking good today, tesla, not looking too good. Nvidia is still just kind of fading out right now. All right, so your market um, the qqq, just pulled back to its weekly level, all right markets, kind of popping a little bit there.
This yeah i'm really. It's really annoying the way they switch the order entries for uh for weeble. It basically makes it worse for trading 100. It doesn't make anything easy, i mean yeah, i mean if i create a platform and i wanted people to lose money, i would make it as complicated as possible, but yeah very, very terrible new update.
I wish i could take back the update um. I don't really have a map, i mean you know yeah, i mean i'm going to take money when i feel i need to take money, i mean you don't want to let 20 30. You know you don't want to give yeah so 20. 10.
15. 20. 30. All the same to me all good, but yeah i mean like.
If you hit 20 30, you should definitely be taking some off the table. Nonetheless, yeah i would say the right move. This could send the spy back up to about 458 10. There yeah so anyways.
There goes spy kind of creeping up. You're kind of close at 458.11 that'll be the first up target within this kind of dip. Curl motion just an fyi um, so i did scalp up some calls there, but you know streams like 20 seconds delayed or whatever it might end up being so it's like i get in you're going to get in and you're going to get smoked if it doesn't Actually break out 450 812, but that's our next trade. We're watching is we're looking for the breakout here and we're looking for the retest at 4, 58 12.
retest of 4 58 12. We can add long, some calls, so i sold my calls into that level. So i was basically going long into selling here. Um, you know missed the breakout, but you know if we pull back and hold, then we can look for a dip long and then be back long markets potentially yeah, but hey i mean: did the markets not do what we said they could do pull back down? Look for a dip buy right, so you have can go short to levels then long off levels.
Literally, if you go look at my youtube, video, that's exactly what it said, but uh! That's just because it's a lucky guess! I have no clue what i'm doing. First. Stay on the job here, sofi pumping yeah - that's right, i mean so far - was not something we talked about, but i mean you already know what it could be doing. Oh yeah.
So if i got to the weekly, that's nice so yeah a break of the weekly target 1530s yeah. So if you get a break of the weekly today, yes we'll look for a breakout at 15, 15 um and that to take you to 15 30 and then, if you can uh yeah, i mean that that's pretty much it break over weekly. Take you to 15 30. uh, possibly 1560.. Let me take a look at this. You youtube does not want any more people finding this stream, not at all. They kept that puppy right around 270 250 each day, um. It's not you guys, not a big deal, but just so you're um yeah um.
I mean it's. I mean honestly, it's not it's! Really! It's all good um, but yeah at this current date and time. Um viewers watched your videos 44, less often than usual, from recommendations on youtube. You don't say: youtube.
Videos got 43 less traffic than usual from youtube search results. You don't say uh. For the first time since i ever started my youtube channel. We now have negative subscriber growth, believe it or not.
Yeah more people are unsubscribing from our channel than subscribing. I would say that makes sense, since youtube is now directing 44 less traffic and 43 less traffic to our videos. That makes perfectly good sense to me yeah um, but yeah i mean at the end of the day. It's not a big deal just having fun with it.
Like i said i always knew this was going to happen. It also yeah all good. So i'm happy to be here: it's all gravy baby, but um just yeah. I mean it's just just fun to see censorship in real time i mean.
Maybe it's not. I don't know whatever, but i mean they know they do it. I know they do it. It's not a not a big surprise, but uh so far market, the the uh, the queues, bounce, they're, pretty good.
The spy is starting to pull back a little bit um in terms of let's see. Where can we go, though? That's the question: does it even really matter bro that is so stupid? Don't tell me what's good for me. Weeble, you don't know anything. I know more than you know.
Let me do what i want jeez geez, oh pete anyways. We did get! No, no! No! No pull back, no pull back like a friend mayor, barack, a pullback, no pull back to the level! Yet nice um the uh robert yeah, the reason it doesn't show up in the search box when you type my name is because they're trying to hide my channel as best as possible without deliberately basically shutting me out right so they'll just do it slow over time. The same way, the government takes your rights away. They don't do it all at once, because it would be an uprising, so they slowly chip away at you before you know it.
You know, 30 years down the line. Uh, your government's making all health choices for you, choices about your home choices about the water, you drink choices about how you live, how you talk and everything - and you know you didn't see it a hundred years ago, but now when you wake up, you go wow. They control almost everything, weird so same thing with that youtube right. You can't just be like.
Oh we're just gon na knock his channel off now, we'll just slowly put him on the side, burner slower and slower and slower and slower and slower and slower until eventually they fade it out and that's how you do a shadow band effectively. I mean that's what i would do if i wanted to kick someone off a platform. I might not just do it outright. I would just slowly progress over time, but all good i'm having fun i'm having a blast, so the markets are moving pretty spicy um. I think you guys know the deal um so right now best case scenario. Maybe by tomorrow we see qqq. All the way up to uh 386 is the potential there um this sofi just got over that level. We were talking about five day, one minute, all right.
So fi just got through that that level where jesus stop just work dude, it's just like such a pain in the ass when things don't want to do what they should do every day, all right. So so, if i just broke out the weekly, so you want to see so far maintaining the weekly. If you can maintain the weekly, then we can open the discussion of going up to 15 30. and honestly guys, i'm not even i'm not being banned, i'm not being censored or anything like that.
That's not the case. That's really it's not it! I'm just you know. I'm just in terms of terms of youtube, i'm happy with where i'm at you know and all the things i have from youtube. So yeah, i'm not i'm not really being censored at all.
The only thing is you can't. You can't provide too much good free stuff on the internet because you're hurting somebody's business somewhere right so um. That's that's the thing right. You can't give away too much free or else you're hurting business somewhere, potentially not to say i'm that awesome.
But you know the reality of the situation. Is you can't right if that's just how the game goes? Okay, so there's uh, there's the pullback down to the level we were talking about. So we could look. Maybe watch dip longs here.
Potentially it does. It does matter how much selling we get on the qqq here. So i want to see what the selling looks like on the qs, because it doesn't look good, which will then rip this right through that support. So the queues are just rolling super hard.
That support gets ripped out no big deal so again right if you, if you tried to chase up the move and then wait for the pull back hold. You just got well screwed, but if you did not chase the break out and you wait for the pullback off the support - well, no harm. No, no foul nothing's nothing's happened to you. You're just chilling connor rant that'd be funny.
Uh find a social media expert too uh to fix your channel. They alright all good. No, i think i'm just gon na. I think i'm gon na contact old, ricky g and probably partner up with him again probably start hopping on some jason paul loon investing uh streams.
I mean that's pretty much. What i'm gon na do i'm just gon na i'm just gon na share my free time to uh every other youtube channel stream and just help the boys out help the boys out for free. You know like, for example, if i was on stream with uh. If i were to be on stream with jason yesterday, we could have, you know, helped everyone yesterday on bbig to tell them that this was going to probably be the top. So you know all those 2 000 people watching a stream. They would not have been buying that and they would have been selling there. That, arguably, is bad for business to someone all right, so you can see what happened so, basically, the market just pulled back to the weekly, but what's happening on the queues right now you can see the queues, i'm not even trading right now, i'm just kind of Sitting back uh hanging out um, you can see the queues have broken down their monthly and their teal level. So that's not good, so this just means we're probably seeing extended, potentially extended sell-offs in stocks.
Uh, your tesla's, your i mean everything's, just kind of selling down. So it's just just not really doing so hot! Oh, my goodness! Look at that amc dude! I love when my chart does all that dumb um. So yeah i mean so remember when we were getting short off the weekly right here right and covering because we didn't want to get caught in that all right. So we broke down, we shorted the retest off the weekly, it went, couldn't keep going and anybody who stays around too long you get squeezed.
That's how the game goes. Yeah sucks for some. I uh. I don't have anything for this market right now.
It's just not not good, well, we'll see how the end of the day shakes up but again same thing. As the other day i mean people try to bang it down and today we're finally just rolling out taking people down yeah. I don't really have any trade plan right now, so i can't really just be hopping and chasing down is really all i'd be doing, because my first plan was short to here, then long, bounce off that and wasn't really planning for a short trade. After that, a matte core is that course times: 10.
10, 20., hmm so um! Well there goes the market just getting yanked below the weeklies right now. So in this case you could maybe see like this market, maybe bounce all the way back towards the weekly. That's of possibility there um um cool, all right, there's a squeeze back up uh on the market. You know so i'm just fyi um yeah yeah.
I mean honestly, i already made money. I think i was gon na call it a day. You guys um yeah. I mean that's about it, so um probably see in the morning uh yeah, that's about it, have a good one.