Here is the 2 minute, it appears to be just setting up levels and just fucking shorts lives up right now, again i got to warn dont take this unless you do it small and you are willing to try it at some different levels limit the losses, then size in when you got it, but this has all the hall marks of a trade that goes parabolic tomorrow, im looking for longs on a bunch of different levels but the chart has to set up first im not just going to guess. Basically on a 2 minute chart it sets up at a bunch of round numbers. When the market is this dead, traders have all their eyes on 1 thing, im hoping this thing sets up tomorrow, it will be a monster if it does, rolled the float, 25% of float short, any push through 14 tomorrow and its off to the races..
NLNK will likely open over 15, I pointed it out at 13.35 yesterday, lol, dont chase it here guys the R:R isnt worth it when it gaps up this much, wait for it to open wait for it to setup with volume, its painful missing such an obvious setup, but it is not profitable to chase it up here. I know its tempting im sitting here with my finger on the fucking trigger kicking myself, but this setup is not profitable, it will cost you money if you buy to early. I have to kick this lesson into my thick skull alot of the times, but buying a gap up on day 2 is generally not a profitable trade. Need to let it open, or have more volume go through before you can get a read, but just like yesterday i wouldnt be surprised if it hits 20.
This is one of my most painful moments in trading history, called a 25% plus move a day early in NLNK and i still lost 400 dollars on it, i didnt want to call out entries cause i didnt want anyone to blindly chase me, this one is incredibly painful guys.
Disregard that last buy, that was the last "15" shares i had that i let go 3 bucks against me as i just stared in disbelief at the fact that i missed the most obvious fucking setup of the year and i puked it at the lows.
Shout out to Vanz, for pointing out EFX, that got me almost back to positive, but i just blew like 10k i had almost 3k shares of NLNK.
This one is going to haunt me worse than my worst loss so far year guys, i called this one a day in advance and i lost money on an obvious homerun, this one is going to just crush my weekend.
Going to be a long time before i feel good about this one, the funny thing is, i came in just for a couple days to warm up before the end of the week after being on vacation setting myself up for next week..... Wish i would have just taken the rest of the week off, havent had a homerun nailed a day in advance like this in ages, and not taking advantage is far worse than just sitting on the sidelines.
Just smoked WMT sorry it was a real time trade, tough to call, but TGT said they were lowering prices, which should not fucking matter to WMT since WMT is the one setting the price on everything. Anyways im back to "Posi" town now only a couple hundred bucks but im still pissed at what i left on the table on NLNK, i had that move dialed in, and i somehow lost money.
Max Just a tip on your charts. If you hold your cursur on that small arrow at bottom RH corner, you can drag the RH edge of the chart so you can see last bar a little more clearly.