JoeRodTrades

02:43

JoeRodTrades

It sure seems that way. 5126 was the level where buyers would become sellers. It took sellers to become buyers in the first half of the week. Now, I think the market is weakened. Pre-market analysis will be key for trading in the next couple of days. Not a ton of setups today but, just enough to keep the degens going :D

03:37

JoeRodTrades

While I left some on the table, I am happy with my wins. In the last week my win percentage is sitting around 90%. I have avoided over-trading and focused on doing things the right way. today, we saw a bunch of setups. Most worked but, some did not. The market has been very technical lately with very little tricks.

03:30

JoeRodTrades

So many great setups today as I think sellers from last week started buying back into the market. I took a couple of trades today both winners but, there was definitely some money left on the table today. All in all a super technical day.

07:04

JoeRodTrades

We talked previously about a bearish price target of $48k. Today, I give you more insight into why that is still possible and I also give you a few more scenarios but, one thing needs to happen first.

09:23

JoeRodTrades

All signs point to a pullback in the market. I think JPM/AMD and some other big names might even be our leading indicator. The only real pullback target I could come up with is a 50% retracement which is fairly common in the market and within trends themselves.

04:09

JoeRodTrades

We saw another down-trending day with some great setups. It was an awesome week to be day trading. I hope everyone had a great time. There is one red flag I see in the market, that is that sellers never became buyers on these big down days. That either means sellers are really confident of a continuation or they will be taking profit at some point next week.

04:21

JoeRodTrades

Today was a great day to trade. Prices were both up and down in a trending manner. Some might call it a trendy day lol. I cover 3 trades that I took and why I took them. Excuse the distractions today, lots going on in my house. LMK if you have any questions regarding the setups.

04:16

JoeRodTrades

This is nothing new TBH. Strong work on the weekends pays off during the week. Today we had another downward trend day that saw sellers become buyers and then back to sellers again trapping bulls. This should add conviction for an overnight leg down. Several pullbacks appeared that would've paid off today as well.

02:50

JoeRodTrades

Intro I tried to talk through stop-loss placement in 3 minutes here. I do not think justice was done. So let's take a look at exactly what I mean when I say "Let Your Trade Cook". Proper stop-loss placement is critical to a successful trading plan. Don't Place Your Stop Like Everyone Else You are guilty of this, if you have been stopped out many times just...

03:12

JoeRodTrades

Here we take a look at trading pullbacks using the Keltner Channels. I cover the initial setup, the types of entries, and trades to avoid. This setup contains 3 parts: The channel touch The Pullback The Entry The Channel Touch Here is an example of the beginning signal in our setup, a band touch. The top and bottom bands represent the ATR (Average...

04:54

JoeRodTrades

This video goes into depth on the types of market structures and how they happen. Ranging -> Breakout (Spike) -> Channel (trend or a ranging trend) -> Climax. The market moves in these repeatable patterns over and over and over again. If you can diagnose where we are in these cycles then you can harness this skill to improve your trading.

04:27

JoeRodTrades

In this video, I discuss The Anti a trade first mentioned by Linda Raschke in her 1996 book Street Smarts. Her version used a Stoch indicator but, I prefer a modified MACD indicator. To take this setup, you first need an indication of market reversal. In our case that will be climatic activity. So this trade has 4 parts: Climatic activity or other indication...

01:51

JoeRodTrades

This is perplexing, market structure speaking, Dr. Pepper is in a downtrend. Price is sitting at the top of a channel. The monthly candle looks weak and the weekly is all that promising. The question here is whether or not to take the long trade and pullback. Why? Well, two big down days in the market, and Dr. Pepper endured those with two green days.

04:07

JoeRodTrades

When the day started there wasn't much to see in terms of price action. I needed to zoom out to get some perspective on the market and the hourly timeframe provided just that. We had some climatic activity to the downside where the market could reverse. Early in the morning, it did exactly that but then the news hit, and the day got crazy.

02:51

JoeRodTrades

BTC has a lower high double top forming and if it plays out (a close below 60500 starts it) the bears will have a measured move objective around $48k. We have also seen new bearish momentum stronger than we have seen in almost 2 years.

08:03

JoeRodTrades

The market had another nice downtrend day. Entries were clear on most of the pullback and the market gave clear indication it was slowing down. What a great day to trade.

05:02

JoeRodTrades

If we break through the double top apex formation we could see a strong move to the measured move object. That is about 10% of the stocks above their 50-day moving average. This could be an epic buying opportunity.

13:30

JoeRodTrades

In this video I cover my thoughts on the week ahead. I touch on some of overall sentiment but, this video focuses on the week ahead as I take you through my weekly preview practices. This is shortened down version of how I like to prepare but, it should give you a good idea of what I look at before the week starts. We the following concepts: Chart analysis ...