The Best Pullback Setup for Explosive Growth Trades

[@TraderLion]

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[@sajadsaleem6678]

i love this setup richard when there is a drop and a reset ( V - shaped recovery ) and then the stock just goes boom boom with what u just explained. This is my bread and butter. Thanks Richard for sharing these golden nuggets with people.

[@TraderLion]

My pleasure thanks!

[@shaunsam1013]

Love ur channel. One of the few authentic channels. Been through hundreds over the years and u can pick a handful which are quality and yours rank tops. Having people like Mark Minievini and Oliver Kell and others shows there is no-one else to beat this channel

[@TraderLion]

Thanks for the kind words! Appreciate it Shaun

[@Trendleader863]

I always trade setups like this. Never bought a breakout in my life. You lose too much when your wrong. Its all about tight stops and medium to big wins

[@akfx.trading]

So inside bars are tight ranges?

[@AM-ee2ro]

Just depends on your trading style. I like breakouts because my SL is always appropriate whereas with pullbacks you have to get used to being wrong as you have no uptrend confirmation. At the end of the day it’s all about your own style and whether your technique is profitable or not.

[@TraderLion]

Great to hear you found what works best for you in the market. That's the key. Breakouts work for certain environments & suit certain people and vice versa for pullbacks.

[@aliciainireland]

Very helpful video, thank you Richard!

[@TraderLion]

Glad you enjoyed it!

[@EffFad]

Thanks Richard absolutely love your videos… hope to put this in practice

[@TraderLion]

You are very welcome!

[@arthurraj265]

Thank you, TraderLion and Richard. Could someone tell me the name of the indicator Richard mentioned in the video, which is displayed at the bottom of the chart?

[@greywaver8398]

Relative Measured Volatility

[@TraderLion]

It's RMV Relative Measured Volatility

[@Technics_Trader]

Great video. Do you have this as a scan in Deepvue

[@sp-ye7ht]

Hi, Richard, nice and useful video.. Thank you.. Can u pls make a video or post a link if there is one already made to shortlist the growth stocks, like what all parameters & their readings in particular..

[@TraderLion]

Thanks for the idea!

[@sp-ye7ht]

@@TraderLion ❤️

[@darrenwendroff3441]

Excellent video as always richard, thank you. I really like how you went over each detail of this trade. Could you also talk in the future or perhaps more about the insider psychology or technicals of what's happening in relation to the stock pattern. For example the 21 ema is critical here but in relation to what market makers are doing why is this 21 EMA pullback more likely to succeed than another one. Meaning what psychologically or technically have the Insiders shown or are they thinking in relation to the previous price in volume action in relation to the fullback itself, which happened because of the Japanese interest rate situation I believe. I can explain this more if needed. I imagine every traitor is different, but traders like me benefit a bit from knowing what insiders are doing psychologically or technically to create correlation with the pattern. Thanks for all the amazing insights, you and your team and deepvue have absolutely transformed my Trading

[@johnwatson3273]

Richard I think that your focus on : How to locate stocks that will provide a return, as well as; how to use DV to capitalize on them is very good. Please keep it up and I really need to use DV more. Thx

[@TraderLion]

Glad you enjoyed it! Let us know if you have any topics you'd like to see!

[@MDK-j2h]

Very nice Richard ! Oliver"s buying made easy 🙂

[@TraderLion]

EMA crossback for the win

[@hrishikeshchaudhari72]

Been working on a same setup from last 2 months, great content mark❤

[@TraderLion]

Thanks! I'm richard

[@hrishikeshchaudhari72]

Oh so sorry Richard, my bad. Just to let you know the work you are doing is so amazing and genuine, going through all your videos from the past one month, I am a stage 2 trader the boom and bust type, with flattish equity curve, working so hard daily to be consistently profitable, In India we are having this futures and options boom and 99% people are losing, so sentiments are so negative about trading, I had also lost my faith that it is possible to make consistent money in trading, but few genuine channels and market wizards restored my faith in trading, the KZbin influencers in India having more than million subscribers all of them are misguiding people but your channel cuts all the noise and comes with great genuine content, I enjoy the process of constant learning and improving, hopefully I will achieve stage 3 soon, but I am so thankful to you for being one of the biggest part in my learning journey❤

[@tgunasekhar]

I have moved to this type of setups completely and it gives immediate feedback and good risk-reward compared to base breakouts. 21EMA is more dependable than 10EMA. But in a runaway bull market momentum leaders hardly pullback to 21EMA. So situational awareness also plays a role in selecting 10/21EMAs.

[@TraderLion]

The 10 ema is great for the strongest breakouts and earnings gap type moves.

[@Al-vi4ub]

I have a question about the volume run rate in Deepvue. Does the volume run rate update in real time, ie... intraday? For example, after the first 15 minutes, or 30 minutes, etc, does the run rate indicate that the relative volume is much stronger (or weaker) than normal for that time of day for that specific stock?

[@TraderLion]

Yes that's right

[@JjohnStrong]

Hi Richard, Would you enter the trade if the volumes were not decreasing ? in the compressione days at the 21 ema ?

[@TraderLion]

It depends on what exactly the volume looks like. if there is high volume but on an upside reversal that's fine

[@sachinthamke]

Yor specified 21DMA. Is thete any other MA you are recommending in current trafe

[@TraderLion]

There is no magic in the MA you select. Find the one that aligns with your trading timeframe.

[@bikerider411]

1O/21/50- Also fav set up on stocks👍

[@TraderLion]

Thanks!

[@Mindfful_ICT]

Sweet Simple and concise .

[@TraderLion]

Thank you!

[@stargazer9172]

Does the 21 EMA work better on weekly or daily charts?

[@TraderLion]

I use it on daily charts

[@vatsalpatel7242]

What volume MA period do you use?

[@TraderLion]

I use the 20 period

[@teslamr7333]

You also had two accumulation weeks and no distribution weeks in the APP base. GEV looked like good buys on 08/29 and 09/11, cheers.

[@TraderLion]

Good eye!

[@mkabrha4968]

What's the name of the lowest indicator?

[@TraderLion]

That's RMV - Relative Measured Volatility

[@mkabrha4968]

@@TraderLion thanks 😊

[@johnfinley6785]

can you elaborate more on the RMV?

[@TraderLion]

Here's a webinar I did on it kzbin.info/www/bejne/nZ3MZY2cpLeWfposi=xipPMtgCMYRveSzu

[@SarkisKlinik]

Many wait for break out from all time high and buy at that level , but the problem I saw in 90 % of cases that you get resistance at those levels and the price goes down from there causing you a big loss specially when the major indexes are down.

[@TraderLion]

Breakout buying is best when the indexes are over their 21EMAs. How large was your sample size that caught the 90% figure? Would be cool to split the data up by index trend to see if there's any edge there.

[@SarkisKlinik]

@@TraderLion Nvidia this summer went sharply down from 137.25 $ to 90 $ aligned with major indexes decline. It was on all time high level or 52 week high level. Nvidia also declined after getting to 132 $ level causing me a big loss for second time although nothing was changed in its strong fundamentals. AVGO went down from all time high level of 177 $ deeply to 127 $. Apple went from 233 $ to 213 $. The lesson is big caution should be made on all strong stocks on all time high or 52 week high levels because they can act as resistance level and big attention should be taken to major index moves at those levels.

[@SarkisKlinik]

@@TraderLion My favorite trading strategy is, first I search for stocks with strong uptrend on the monthly and weekly timeframe. I like those in stage 2 Stan Weinstein with high volume and rising price above 10 and 30 week moving averages on the weekly timeframe. Then I buy it when its price goes temporarily down for unknown reason reaching a previous key support level on the 30 minute time frame. I usually sell it intraday or next day with 2 % profit and stop trading on that day. I avoid holding long time because there is always risk of later premarket gap downs or other major market surprises.

[@gottylicious]

Is there a short side equivalent of this setup?

[@TraderLion]

Nearly all my trading is done on the long side, but that'd be a great study to do!

[@audience4017]

For me it looks similar to a 4% breakout after tight consolidation stratergy from pradeep bhonde.

[@TraderLion]

Yes it's looking for the same tight range

[@akfx.trading]

So inside bars are tight ranges?

[@TraderLion]

The represent consolidation for that day. for it to be a "range" i look to see at least 2 days of tightness

[@akfx.trading]

@@TraderLion More example videos on these please. Thanks

[@saadmohammedshariff1828]

How can I find these setups ?

[@TraderLion]

You can scan for them in Deepvue

[@trentkenzler8478]

Have you ever thought about getting Anna Coulling on your channel? She has that great book on volume.

[@TraderLion]

Thanks for the suggestion. We'll take a look!

[@onlydivergences]

Could you show these strategies before the move already happens? Because it's really easy to say this will happen AFTER it has already happened. Anyone can do that.

[@TraderLion]

I pointed out the APP setup in my newsletter the day before it broke out. traderlion.com/profile/richard-moglen/drift-higher-ahead-of-cpi-stocks-to-watch/

[@КумысМамбетов-й8ш]

In trading there is no 100% strategy . The objective is to enter when probability of success is higher than probability of failure and get out as soon as your trading idea is no longer valid ( and this is the hardest part to give up your convictions…) . Read more on the subject of disposition effect . Good luck 👋

[@urband554]

This is cup with handle or VCP , now same thing with new name failed BO with pullback😅

[@TraderLion]

No, a 21ema pullback can occur anywhere in the base or after the base,

[@ps7857]

Outstanding

[@TraderLion]

Thanks!

[@zunnawanisrfairuz6971]

Thank you richard

[@TraderLion]

Thanks for watching!

[@jitendraasnani1068]

Perfect entry!

[@TraderLion]

APP was a great setup

[@ashishmurali7880]

In my experience the bounce from the 21 DEMA HIGH or even the 50 DEMA is most effective. Never fall into the trap of breakouts.

[@TraderLion]

There's pros and cons of trading breakouts. Would stick to whichever you personally find most appealing.

[@MrDareDevil102]

Any update on India release of Deepvue?

[@TraderLion]

Not yet! We have a few more updates to our database & data feeds before that.

[@justinjurcak]

Where would you have entered the trade? If your buy was at the top of the wick on 9/4 and your stop placed under the candle on 9/6 you are still looking at a possible 10% loss.

[@TraderLion]

The buy point is as it breaks above the trading range

[@apoorvsingh_ASR]

Waiting for 💯 K

[@TraderLion]

You know it's going to be a powerful breakout at that level ;)

[@lilslope1974]

Just missed PYPL last week, never again.

[@TraderLion]

that is another good example of this

[@GrowLikeAWeed-T]

Yes indeed 21 EMA is good enough but my setup is the band of 21 D EMA high and low. Area of value!!

[@TraderLion]

Very nice!

[@tatarintarascon1316]

I don’t understand why 21 MA and not 20MA ???

[@CarlosLopez-xw7vj]

Simple bull flag pattern.

[@TraderLion]

Don't overcomplicate it.

[@jono3500]

I would prefer a strategy that gets in on the massive move before this. This is buying a breakout. As an algo trader, I feel this will not work.

[@TraderLion]

The beauty of the market is how many ways you can make money from it. If this doesn't fit your style then I'd keep doing what's working best for you!