My Blog
A+setup: A Reason to Add and Scale
The picture below will show how I like to trade trending down stocks or gap downs. Same exact thing is for the long side. Over here you can see ASNS on 3rd December 2018. At open price has a pop and right away fails to hold it and goes below 72 89 1mins chart as well...
Volume Divergence: Most Helpful Tool to Spot Trend Change
Volume divergence tells us with anticipation a possible trend change. You cannot use volume divergence alone and trade only according to that but together with chart setup up and tape it’s a very useful indicator. In the picture below, you can see an example on BLIN...
My USA trip
Nevada, California, Arizona, some of the best places and best people I met were in USA.
Main Short Setups I Look At:
Short setups: 1) gap up or extension to daily volume resistance. I wait to enter on fake breakout + soak of whole or half $ or on LH. Tape needs supply-demand change (bids have no more power to push, soaking on ask, hidden seller or big seller jumping in, sellers...
How to Individuate Backside, How to Add/Scale
Watch the video to see how I look for backside, how to have conviction for my shorts, where I add / scale my trades. Thanks for reading. If you have any questions just drop me a line anytime. J
How to Read Tape: Part 3
Our third part of tape reading, involves TIS, how MM love to play with us, in this case ARCA TIS opens, start to look for a fail of 2emas 1mins chart. Look that 2.22 supp with 6800shares, when it starts chipping, sh the bid Weakness, add more, red prints, 2.22...