This content is restricted to CTU members
Today we take a look at a member trade from Doc. He traded NFLX on the 5 minute chart. He talks through his methodology on deciding when to enter a trade before he queues up his first order. Utilizing pivots, he discovers an area of support and resistance after the first 20 minutes of the day. Once NFLX broke the resistance level he established, he bought calls. He walks us through the reasoning he had for selling for profit throughout the trade when it both went in his favor and against.
We take a look at another trade from Doc. This time he traded BIDU on the 5 minute chart. It forms a pretty significant support level and Doc is looking for a breakdown through support for his trade. He enters the trade on the break of support and it reaches his target after about 45 minutes. This is a great example of a trade that works out without much hesitation or resistance.