has bullish option flow which is a bonus but the d1 structure on something with that kind of market cap usually requires more digestion for further upside. wait longer and get some distance from that 25$ high, is 20$ holds that's a good doozy. The issue is that the market might not align by the time that happens, our upside is pretty limited without a catalyst

some private discord channel with a bot, but Zen Scanner does it

@@slack12345 it's super simple. The higher the relative volume of the candle, The brighter it is

@@danielschultz2807 thank you! what about the t2104? or dont you use it anymore?

@@slack12345 not important or relevant for trades that last longer than a day

@@danielschultz2807 ok, thanks!

you can message me from the RDT discord

@@danielschultz2807 how do I find you?

@@danielschultz2807 Messaged you

😘

I don't post everything but if I post that I have a position/mention it I'll usually try to put a screenshot proving I actually did. I think I took it 10/16 or 10/17 for 12.5/12 expiring 10/25

Really appreciate the reply!

@@Riverplacedad1 what

@@danielschultz2807 you would have to go to that old TC2000 forum to get the indicator. It’s also known as the Choppyness indicator. Etrade is the only institution that has it has an indicator. Doc Severson wrote a book on it. KZbin has a few videos on it. Basically measures contraction and expansion. Most of these guys use 3 scales with a factor of 5. Example monthly, weekly, daily/ or daily, hourly, 15 min. Elder I believe got the 3 pane system started

Oh my someone paid a guru a lot of money

@@simonmartin2816 might have turned out to be right this time via market volatility! It's very dangerous for a trade to work out in your favour but to have a wrong thesis about why it did. Wish this person the best and hope they can stay objective about overall aggregate results

It's just one checkbox, still need the fundamentals, the market, the TA, the price action etc. But usually unusual whales or optionstrat.com

check the description on it now

no, I just watched his videos and paused the screen and worked it backwards you can do that too. I think in some of my videos I show the conditions as well.

Maximum trading gains with Anchored VWAP by Brian Shannon its what you are looking for

@@JoBaein yes this. I use them at lot as reference points for the balance of long/short volume out there from a contextual point where Shannon uses them just on the d1 I think. He doesn't find the highest level from the previous trend but time and time again I see it being a key area

if using shares it just works on a practical sense for taking partial profits and trailing. Sometimes I'll exceed it if I think it's great. imo you need to use the lod of the breakout day because you need half of that candle to hold and there could be some wick below it.

@billylongdraw5404 the lower the market cap typically the more fragile the momentum. Larger cap stocks can come back after major sma bounces but micro caps won't usually because their movement is more hype/news/pump based usually. EGO a microcap you can take off a 10 sma/8 ema and get a big move, but a large/megacap you want more pullback and digestion, more like 50 sma or 20 sma with some higher lows on the d1 into a compression then a pop

yes, because if you're picking the right d1 chart you're essentially trading the breakout from a compression albeit sometimes a loose one. once all the bid has been sequentially tested it appears there's no more liquidity in that range to soak up and thus a breakout is required

so for example, i wouldn't trust a chart like TTD currently until the price revisits the 118 area, bounces, then breaks the downsloping trendline from the high of the day

@@danielschultz2807 thank you for the reply and the example! Now I understand

retests of avwaps and levels as support after breaking them. the price runs through it, but then returns back and bounces off it. That = foothold. Pull up a chart and lay down all the avwaps and see how price is almost always forced to return to a broken level to recheck it. I don't know for sure but this is likely how the automated programs can tell that there's no more liquidity left in an area and it's time to breakout to find more liquidity to fill orders

@@danielschultz2807 thank you for your thorough answer !

check the /r/realdaytrading subreddit it's there

no

just simple logic based on the angle of the 10 sma and whether or not it's crossed the 20

it's not the last high. it's on the last trend where it shows currently the highest today

read Brian Shannon's book AVWAP Maximizing Profits

@@simonmartin2816 To be fair I'm not using them exactly the same way

RSRW isn’t much a “strategy”, it’s more so a fundamental. KQ talked of it often, as does stockbee

It's still RS/RW just using some of his principles to find optimal d1 entries

put it somewhere on the previous leg up on the d1 chart so that it's at the highest level possible currently

ty

@@Riverplacedad1 I traded them

@@danielschultz2807 do you ever get frustrated with the guys at TC2000 with how little effort they put into keeping up with the Floats. Sometimes they don’t even have a float listed like on SOBR. They simply don’t care. It would be nice to run scans with float as a factor but you can’t because they’re so far off. Maybe some short interest info would be nice but you can’t even get that

yes, using elements from Kristjan Qullamaggie

I believe the RDT methods for TA, the avwaps, and the intraday breakout confirmations allow you to take KQ style breakouts with a much higher win rate

yeah I do it all day long

because it's the highest vwap you can have from the previous d1 trend

7/8 is higher at the current location. the idea is to see where the absolute highest level is where the average long from the previous bull run is now definitely in profits. you'll find that picking the highest avwap usually lines up better with any H- algo anyways. Zoom out even further and find the higher AVWAP possible on the entire historical chart :) The goal is to find the inflection point where on average longer term, shorts start covering which means longs accumulating positions start having to chase the price to get filled

@@danielschultz2807 I am halfway through Brian Shannon's book. Before this, I only used AVWAP for earnings. This looks interesting. Thank you for sharing.

I'm not too familiar with that stuff unfortunately, but be aware that anything that uses multiple periods as an indicator will be lagging. These types of breakouts are a day 1 type of entry which means anything more than 1 period of measurement will still be telling you TSLA is in compression/weak

@@danielschultz2807 oh yeah..intraday trading is good but I wouldn’t buy and hold overnight although CMF ( which is a TC2000 indicator) did turn positive (on the daily) today

@@slack12345 similar stuff. Nothing special about them

@@danielschultz2807 okay, thank you. Again, they're really good!!

yes LRSI can be another way to get price action confirmation

@@danielschultz2807 fewer fake outs vs regular RSI. Will keep you in the trade longer. Fractal Energy will tell you contraction (building energy) and expansion (releasing energy). Found it great for Low Floats and prevents chasing

just vwap with standard deviations