This content is restricted to CTU members
In This Episode:
- Elusive wolf candle formation (wolf candle forming at an important moving average) but a great example of how even with a certain formation, an outcome is not guaranteed. It is so important to MANAGE your RISK and continue to play your setups.
- Dead bodies alert that required patience to play out. It actually formed a launchpad after the intial alert before finally heading back to the downside.
- Sledgehammer alert that does not play out cleanly.
- Large volume alert in which Clay waited for weakness to appear before deciding on taking a position. Aggressive profit lock strategy when fighting the larger trend.
- Clay explains the mine field setup and we get a nice follow through.
- Dead cat alert with an explanation of the strength/candlestick formation you look for in that setup.
- Clay quizzes the webinar in an effort to emphasize that if a setup is not crystal clear, you should pass on it. There are many better setups out there.
- Even with a large gap down, we find a launch pad setup that plays out with nice follow through.