This content is restricted to CTU members
In The Episode:
- Top down analysis on GILD starting with the daily and working down from there.
- Gap up analysis on USO looking for a possible entry point and exit point. Respect your stop loss.
- We have a discussion about being prepared news-wise before placing a trade.
- Indecision vs. weakness with a good talk regarding how to read a volume bar regardless of color.
- LL ‘nuts’ alert. We look at a good way to utilize the chasing tool (fibonacci retracement) to find an entry on a volatile stock.
- HES cliff alert ‘support level’. This is a look at a losing trade, simple as that.
- HLS wolf candle alert. As the trade unfolded it did work out but it took some time to work out. Good discussion on logical stop loss locations and fluid trade plans.