How I begin in Technical Analysis (THREAD)
I took a trader I liked & copied everything on the chart to mine (COLORS & INDICATORS)
This way you can ‘’see’’ what he see. Every time he post charts & updates you look at it & try to understand/notice how the chart moved
Sizing is one of the most sensitive topic & a major key to success in trading
(THREAD)
-Some context-
If you ask traders I am surrounded with what the
#1
they ‘’Learned’’ or ‘’Changed’’ in their trading from me
Most of the answers will be about sizing up
You tryna survive since march in the small caps land
The brother of you friend went all in $AMC at 20$ knowing nothing about the market and he is up 100%
'' Told ya HODL to the moon ''
Now he using 🚀🚀🚀 emojis non stop
What a time to be alive
Support, Resistance and the Importance of Supply and Demand:
Let’s go for another educational thread as you seem to have enjoyed the last one.
(THREAD)
The basic of the basics
@MrZackMorris
95% of people only pay attention to the tickers you mention.
5% of people pay attention to everything you say
“Buy the open flush”
Work 9 times out of 10 & allow us to start the day with a nice cushion
Only THAT is life changing
But who really do it?
95% fail at trading
People just realised when retails get united on the same stocks, how much power it have
Wall street want to halt trading cause billionaires getting 360 head shot no scoped by millenials
One of my friend have a smoll account.
So I found her a way to make 500 to 750$ 3x time a week or so using 10k$
I tested it past 2 weeks, worked every time
Told her this morning to do it
Worked again! She didnt took it tho
Many got their confidence hit more than their acc
$TMBR Oh wow, this setup is ready for one hella send
We need 2.55$ break for 3.05 & 3.50 wich are very weak resistance level then its clear sky to 5.70$ LOL
Huge R/R on this
@Ultra_Calls
@bogtrading
@simbatrading
fav play into this week
$SNDL Can't ignore this one that suddenly came back the favorite of the impatient
This is a bigger picture of the upside of the chart wich the stock if following perfectly
💡LOOK LEFT 💡
95c break for 1.05, 1.30, 1.60 & 2.00$
Real send above 1$
Support side⬇️⬇️⬇️
$UWMC UWM Holdings Corporation Announces UWM’s Record Fourth Quarter and Full Year 2020 Results;
$1.37 Billion 4Q20 Net Income and Declares First Regular Quarterly Dividend of $0.10 per share
$SNDL The famous MJ stock
We are now forming a Cup&Handle wich I would like some more consolidation before we send as shown on the chart
But with the CEO 6m shares, it might breakout before
I am looking for 75c break then 82c, 96c, 1.05 & 1.26$+
1.60$ is doable on chart
Not sure if there is still some new traders & beginners in this community?
We revamped the guide I posted few years ago
If it can help only one trader, it will be well worth it
As usual, its free 🙃
$GHIV One of the most talked SPACs going into this week. I have been loading past weeks between 11.80 & 12.50.
The stock is holding very well at those levels after it gapped for the first time
Very coiled setup & the CEO interview on
@PGIRPod
confirmed my thoughts
Friday we played the ''Open Flush'' on $NOVN
>Top Gainer Pre
>No new highs before the bell (Preferable)
>H&S Bearish Pattern (Trap)
>Highs test fail (Trap)
>Soaking in the demand zone
Premarket highs 13.60-14.00$ (Key area)
Learned from
@MrZackMorris
Risk 13.30-12.90
$SNDL Can't ignore this one that suddenly came back the favorite of the impatient
This is a bigger picture of the upside of the chart wich the stock if following perfectly
💡LOOK LEFT 💡
95c break for 1.05, 1.30, 1.60 & 2.00$
Real send above 1$
Support side⬇️⬇️⬇️
New
#AC1
tonight!
Took a while but I have been super busy lately! I hope you like it! Don't hesite to ask any questions or give feedback!
''How I played $EFOI as sympathy off $AUVI 500%+ run on the Tuesday news & made 50%+ profits''
This year, I wanna provide some insight about trading under the ''1 pager'' form. Tonight is my first attempt
''How I planed & played $AIKI AH that was already up 100% on the day and made a succesful trade''
You'll be able to be in my head during this trade
#AC1
Feedback plz
$ITRM ''The big bank'' Chart setup
Today we broke the last big resistance that was 1.40$ 200MA daily.
Stopped at 2.00$ wich was an old support than became a chart resistance
Next up is 2.44, 3.00, 3,44, 4.70 then 6$+ in the touchdown zone!
Following the chart perfectly
$AMC Updated setup
We hit all our key levels with impressive precision
Giving the market condition, I added a little update for the next key level
Hella call from
@MrZackMorris
that timed this perfectly allowing us to be ahead of the crowd into that shorts squeeze momentum
Would have finished the week with more $$$ in your portfolio if you wouldn't have traded?
If you had a rough week, we will make it all back when the time is right! :)
Mentionned last week that I buy $WKEY every day at 11h58, if no PR sell > buy back 12h58, if no PR sell
No risk at all, big bank potential
No need to chase with this simple strategy
Easiest bank you can make in the market
All I look for is for us to get in the plays with
+Best R/R entry
+Stress Free
+Bank Heavy
Not looking to be the first on a play🙃
All about learning everyday, adapting & sending (& gangsta rap)
I dont care if you have a paid room, sell 10k dvd, you're a pumper or a clout chaser - good for you
I care about my growth & helping others to grow on their own
I stay in my lane & keep my account at ATH
You don't even think of hating when you make real $$$
🤓
$BBIG Catalyst in 1 month
Many took position at that 2.80 support looking to scale in down to 2.30
Would like basing 2.70 2.80 area otherwise we could see 2.25-2.50 as consolidation zone
50 SMA 2.69
200 SMA 2.31
Upside key level 3.00 > 3.35 >3.67 > 4.07
You could post the secret key to trading if there were one & it wouldn’t matter. If there is no ticker & price target, 98% of people will continue to scroll down without reading it
98% of people doesn’t make it in this business
Confidence is everything
To gain it you gotta try your own thing
No secret, pretty simple
You’ll be inconfortable for a short period of time
Following blindly will never get you confidence & you’ll be inconfortable for a long period of time
$SNDL The famous MJ stock
We are now forming a Cup&Handle wich I would like some more consolidation before we send as shown on the chart
But with the CEO 6m shares, it might breakout before
I am looking for 75c break then 82c, 96c, 1.05 & 1.26$+
1.60$ is doable on chart
I think that too many people see penny stock as investment like trading AAPL.
A stock that is alerted at 3.65 then go 4$, dip back 3.70 then go 4.25$ then go 2$ … oh no! I thought this was AAPL and it would hold all gains!
That why we trade the TICKER, not the company
If I post a swing play, I will always post a FULL SETUP with key levels and what I look for to help you guys to GUIDE your own plan
Then I update for the same reason (and lowkey flex)
If there is not a full setup, it often a day trade based on the market action
If you guys used the trick, today was the 3rd day of the last rip from 9.59$
When we scooped it low 6s today, we knew most of the sellers were out & a new wave of buyers would flow in
$IMTE
You struggle trading the open and/or get faked out?
Try adding the 200 EMA (Yellow) on the 1min chart and look for a open dip toward it on premarket runner (Entry & Risk)
I been showing my playbook for years & it'll always be free
Cheers!
When I say im swinging the play, im not looking for 10c run on a 4$ stock, im swinging it till we bank around our target levels or we tank at our risk levels
You, me, us against the system.
Too many think its a competition in between us
No ego, no credit, no first, no anything that doesn’t bring us winners
All I care about is sending it
•Best R/R entry
•Stress free
•Bank Heavy
Same plan, Same results
$SNDL If you bought the resistance that is 1.30$, sure you panic
We broke it but it didnt held YET
If you bought 0.95 & 1.05 that were the resistance wich became support after multiple succesfull test, you just saw this as an opportunity to add more if you wanted to
Bigger picture of the support of the chart
We cleared that 60s level & now basing around 80c wich is THE spot
What I like is that 75c is the last offering price & also the long term support wich became the short term resistance & turned back to a support
& we closed ABOVE 💡
The 7 wonders of the world
Vision
Hearing
Smell
Touch
Taste
Laugh
Love
You know when you are rich? You got all this and you are healthy. This is what matter.
Big loss or red week aint the end of the world. You can still comeback stronger, stock market & money wont leave!
If you find this market pretty rough, which is 100% ok cause i've been seeing many 15-20 years xp trader saying it is the worst market since they've been trading
Remember that the more money you got when it heat up, the more big fkin bank you'll make!
Protect it!
The day I learned to take loss, cutting them quick is as important as taking gains its the day I never been in panic mode ever again
The day I learned to define my risk BEFORE taking position its the day I never been unconfortable ever again
Those were nice 2 days!
Surrounding yourself with good traders is key but developping friendship with traders that are on the same level as you is CRUCIAL
How to do it? Spot traders you like in your rooms and just cold dm them! Thats it!
Create a small discord with them
✌️✌️✌️
20 EMA flag
VWAP Tap
3 Day Play
Open Flushes
Are some of the strategies I brought to twitter so everyone can learn & be self sufficient
Im not the founder of those, I got taught by someone else as everyone in this business
If you have any question don't hesitate!
$SNDL If you bought the resistance that is 1.30$, sure you panic
We broke it but it didnt held YET
If you bought 0.95 & 1.05 that were the resistance wich became support after multiple succesfull test, you just saw this as an opportunity to add more if you wanted to
Found the real one - deleted the other
You guys always talk about my sticky note of “Be careful with oilers” but I think you forgot another really important one
Following the SPAC's pattern post, as you can see, let them consolidate.
$SPAQ merger a bit later than $LCA and you can see it right on the chart, $LCA closer and you can see it on the chart
$SHLL is already running for a while and the chart show it
$NKLA the oldest one
$AYRO The best setup into the Biden Headline
Why? Cause its US based but more importantly it is not overextended giving us an amazing R/R & even more with that 50MA Daily acting as a strong support at 6.45
The key is to break 7.30 then 7.60, 8.20 & 9.20+
Under 6.70 as our risk
Throwback in last August/September when most of the trader were straight dying
$SPCE gave 1$ range DAILY from August 1st to September 30th before a big
I know 98% of you just want alert and want it easy
but I do it for the 2% that want to grind and learn along the way
I mentioned it a lot of time past weeks
If it instant send at the open, it will flush hard
If it flush at the open, it will send hard then flush again
Same pattern every day
$IVR Insane volume yesterday, broke out of the daily
4.70 is the key breakout
4.10 > 3.75 support
5.00 > 5.60 > 6.00 > 7.50 > 8.00$
4.10 also yesterday VWAP & every dip on it was money
*Notice the indicators at the bottom & the curls
As I got told my ‘’Furu Hype’’ game wasn’t this great
I decided to step up my ‘’Furu Educationnal’’ game
I will begin with sharing improvement I made that had huge impact in my consistency
Will still keep it clean, simple & in a way that we can all relate
Can't believe already 5k followers! Thank you so much!🤍
I always focus on ''we" and ''growing together'' cause WE are a team of 5000 people who do their best to grow all together.
WE win together, WE loose together, WE learn together
Feeling so blessed right now🙏
$TRCH Huge merger play that got
@Hugh_Henne
hot hands
We held very well that 2.00$ in red market wich has been a huge resistance since 2012
I would have loved some more consolidation to clean break that 3.50$ but oh well, hella send Friday AH
Next are 4.00$ 5.50 & 12.00$
$AMC ''The Big Squeeze''
We can't deny the volume flow it had Friday. They want the squeeze
With over 30%+ short float, I think they will first cover on a clean breakout of that 2.50$ level. This is where all the supply have been thrown in
Then 2.75$, 3.00$ & 3.80$+
Another example of trading the range and stacking small gains consistently with an account under 10k$ using no day trades in ANY tape
On finviz you can mess around with Volatility, Average True Range, Pattern
Try it!
Have you ever heard about $RYAM? Me neither & that what we want!
From March 23 to April 23 (In that tape) it gave 7 times 8.70 to 9.40 ( 0.70 cents) (in the middle of the top/bottom)
Using 8 700$ (1000 shares) = 700$each time x 7 times = 4 900$ on the month