GOOGL - Weekly chart tells us a lot. Tapering being provenWe may be transferring control from our strong buying magenta to our tapered green continuation - and that means one thing - More liquidity needs to be built.
If we do see this rejection off green (proving it's in control) we will look for a controlled selling back to try and get picked up by our magenta stronger buying.
See you all live at 9:30 AM!
Happy Trading :)
Controlledselling
DVN - We broke out of strong selling algos. Next stop - tapered Haven't updated this in a while - i've been holding long calls throughout this strong movement. Will look for the next breakout of orange tapered but expecting some resistance there ($51 level) where we can see price falling out of purple and finding blue continuation support.
Will update as we get there
Happy Trading :)
AMD - Algos became more clear - here's what we're looking forAn activation of white as our support would be amazing news for the bulls - if it can utilize the strength here to break out of our controlled (but strong) selling channels. If we fail white and get pushed down further (early indication of this will be a failure to hold Teal as support), orange is our next step and is not the most bullish signal for us in the near-term but will definitely give us a reaction.
See you all in the livestream at market open!
Happy Trading :)
PDD - Our patience paid off! Our "lines" tell us everythingWe finally got the breakout we were waiting for on PDD and the makers set us up perfectly for a post-earnings gap up.
Happy for everyone who followed along our analysis and held strong on this one. Or maybe even added on the dip like I did.
We can expect some resistance at top of yellow here before a retest of white tapered selling and then an attempt to breakout of orange tapering again. See you all there!
Happy Trading :)
OSCR - Building liquidity for a larger breakout - What to look 4Higher Time Frame tells us everything. We are allowing this to build liquidity in a controlled selling fashion and would like to see our teal buying algorithm pick price up once reached very soon. We've already begun the tapering process on the sell side (orange and magenta controlled selling) so this is shaping up to be a nice breakout.
See you all there!
Happy Trading :)
AAPL - Updated Analysis - Important PA ApproachingWe would love to see yellow strong buying continue to guide price out of our selling algos.
First step is a breakout of strong selling purple and then we expect a fight to occur between strong yellow and more tapered blue. Soon enough if blue or yellow holds price (bullish buying continuation) we will see a retest of our teal selling algo and that will be our first sign of a true bullish reversal.
Will keep you all updated as price continues to develop!
Happy Trading :)
META - Updated analysis after nailing our 20 point shortIf you caught the move down utilizing my last video, bravo. We knew what to look out for and why we were expecting that move.
Moving forward, we do have a bullish bias considering the strong recovery off of yellow support however we are going to need green and blue tapered selling to continue to build liquidity for a larger breakout. We can see massive liquidity built in our left shoulder for a potential grab of liquidity and confirmation of an inverse H&S.
For immediate price action, we do need to see our orange strong buying continue to carry price - and if magenta more tapered is what is holding us up, we do expect a retest of the bottom of our green and blue tapered selling algos. This, although short term would be bearish, would be great for bulls to utilize for a larger breakout upward.
Keep an eye out for those levels to act as support and reactivate our strong orange buying.
Happy Trading :)
MSFT - Why I took swing calls overnight -how I predicted the gapSupport by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos.
More analysis like this to come! Stay tuned!
Happy Trading :)
AAPL - Post market analysis and what to look out forPretty boring price action today but it did tell us a lot in terms of which algorithms are in play. Yellow was activated as a strong buying algorithm which should be used to take us out of tapered orange - But we will need PA over the coming days to confirm this and for price to begin using our strong blue buying continuation to continue a move upward to retest further selling algos.
Have a great evening and
Happy Trading :)
AAPL - Trade opportunities in both directions. Look for thisAre we controlled buying in Magenta? Or did we begin activating strong blue continuation to break out of purple for a retest of teal tapered selling?
We have no short term bias here and will allow price to show us where it wants to go. luckily, we have the guide to give us confirmation for either direction.
Goodluck in the markets today and...
Happy Trading :)
OSCR - More room to the upside when we see this!A very strong company clearly building some much needed liquidity for a further push up. Very controlled selling algorithms in play right now and most importantly, with yellow tapered buying in control of price right now, we will need to prove some sell-side tapering on magenta before activating orange strong buying for the breakout. This breakout of controlled selling green and magenta will have strong confluence with an inverse head and shoulders having built beautiful left shoulder liquidity to grab and propel us to new highs.
Keep an eye out for this one! I was a strong believer back at $2 and that conviction paid off multiple times over.
See you all later on!
Happy Trading :)
Using Intra-day algorithms for trade entries. 43 R:R Trade!As of writing this (about 10 minute after recording this video) we did rebound perfectly off our level and are 3 points up ($900). If we were to close the trade now it would be a succesful 10 R:R trade. But we have daily algorithms for a reason.
I'll share updates on how the trade is going below on this post!
Hope this was helpful!! It's truly incredible how you can "Catch bottoms" and have such a tight stop loss utilizing both intra-day and daily algorithms.
Happy Trading all!
Live META Trade Update - 14 out of our target 48 R:R securedThis will be helpful to see for those wondering how to utilize lower time frame algorithms within higher time frame analysis. Same idea! Just always remember, unless you're scalping, the daily algorithms hold much more weight.
Happy Trading all :)
META - We prepared for this exact move! 13 Points to the bank!We prepared for this exact trade and outcome in our "special edition for haters" video 2 days ago. This truly was a special edition for haters!!
Please do not discount the power of these algorithms. It works for me and it could work for you. Trying my best to share this knowledge so that you can catch these trades too!
Have a great day in the market today!
Happy Trading :)
DIS - Familiar Price Action presenting itself. Watch for thisWe know from the past what to look out for and what algorithms and channels we need to activate in order to break out of our less-strong buying continuation channels.
Yellow (with purple as support) is our key algorithm to breaking out of green - yet, once we see tapering on green and especially our red controlled buying presenting itself, we are prepared to make some money on the move down to at least find support at green.
Hope this was helpful - sorry I am a bit tired but wanted to get this one out to you before we open tomorrow in case we get some important signs during the market.
Have a great night and
Happy Trading!
PDD - Daily analysis - Opportunity to prove tapering approachingThis could be the sign that bulls have been waiting for. To prove tapering on the daily and activate a strong buying algo to make a move to breakout of our selling algos.
Keep an eye out for this - we will look for the white tapering on the daily to line up with our pruple tapering algo on the 1 HR.
Happy Trading :)
META - Understanding recent PA! Special edition for the haters..Hope this was helpful for those who are interested in learning!
Again, I can't emphasize enough - you're charts don't HAVE to have all these "lines" in order to succeed. I see the market this way without all the chaos. But it is helpful to understanding PA and why price is moving where it is and what kind of strength of buying we need to see in order to have real continuation. If you understand, you understand. If you don't, keep coming back and you will!
And as always I'm always here to answer questions and give further explanation for those who want it. It took me years of practice and studying to learn this and get to the point of consistency and success.
See you all in the market and
Happy Trading :)
A further breakdown of how I read the market and all the "lines"Key words to understand:
- Tapering
- Liquidity
- Tapering
- Tapering
It's important to understand how liquidity plays a role in moving price and what it actually means. In order for price to make a solid move anywhere, there has to be liquidity built up for price to grab (use) to break out of strong resistance levels (i.e. levels with lots of sellers ready to short when price gets there).
Tapering is a way of seeing a lack of liquidity by a certain side - if we begin tapering from a strong buying channel to a less strong buying channel, it typically means we are lacking liquidity to break out of that strong selling level (i.e. the top of a more tapered channel acts as a level of resistance because the more tapered it is (or the more horizontal it is), the more it lines up for all sellers to get in at the same price win the battle.
This all makes so much sense to me and it is the key for you to unlock the market . To be able to tell a story in every chart and understand who is in charge, why there in charge, and what each side has to do in order to win their next battle.
Please reach out with any questions, comments, etc. I am here for you !
Happy Trading :)
AAPL - Exactly like we prepared for weeks ago, Look out!I did an analysis video 2 weeks ago (video linked below) explaining why price was going to continue to come down and build liquidity before proving sell-side tapering and then activating a strong buying algorithm to start moving up.
That level I identified was $174-175. Today I'm updating you with a new more tapered algorithm that could be in the cards today if we find support there. Look for a potential wick/reach to orange however if we close above and hold this more tapered white/orange algo, it is an extremely bullish sign and we will look for buying continuation yellow or blue to then activate.
Happy Trading :)
LEU - Finally a bullish signal with lots of room to the upsideI've been watching Centrus Energy (LEU) for the past few weeks considering they are a strong company and we're in a very strong controlled selling (yellow) algorithm for some time. I was waiting for a bullish sign of reversal prior to finding support at tapered blue - which we saw last week when price was picked up by teal buying continuation. We are now gapping up above our strong yellow selling algo and our next stop will be to test the breakout of orange more tapered selling.
If we reject off of orange, we will be looking for one of our buying continuation channels, preferably yellow (very strong) to pick up price and take us out of orange where we will then have the opportunity to attempt a magenta tapered break.
Will keep you posted with further analysis as price develops!
Happy Monday and as always,
Happy Trading :)
REAL - Why I love this (super cheap) company. LOADING UPI will forever be a holder of my REAL stock. It's the largest position in my personal investment account with a basis in the very low $1 range from early 2023.
You can see why as we have positive earnings reports quarter after quarter and it's only a matter of time until Wall Street starts to notice.
There is a huge short float position on this so I'm just happy to see that our selling has been in a controlled manner and I'm excited for the future of it!
See you all at market open!
Happy Trading :)
GOOGL - In-depth breakdown and analysis. Major area to watch!Google chart is very interesting as I noticed while doing an analysis this evening. It may just be past my bedtime but I believe I see an extremely enticing buying opportunity?
Let me know know your thoughts in the comments after watching this!
Obviously anything can happen and this could be the start to a larger downtrend on GOOGL. But if not, I am very enticed by what I'm seeing.
To summarize (even though it will be very helpful for you to watch the video), we are at the bottom of a strong tapered green support channel as well as the bottom of a very strong green controlled selling channel. For anything to break and continue upward, we need to activate our orange strong selling channel so keep an eye out for that.
Have a great night and see you all tomorrow!
Happy Trading (and sleeping) :)
DVN - Live analysis and why we could see a reversal soonSomeone asked me for my thoughts on DVN and I thought it would be a good opportunity to do a live analysis of how I get my charts to look the way they do (messy).
The further you go down in timeframe, the more algorithms you start to see and create. But here is an initial Daily bias to go on - and look to see some of these long-term selling channels broken in order to see a larger move and sustained uptrend.
Happy Trading :)