Hey Pete, I’m in the replay as usual. Quick question. My AA swing started last week during the 6 day pause has hit add shares twice in one day…..what to do? Looking at the day chart it looks like a 2 day run, when pause….so will add the second time but with less size .

I made this choice to reenforce the proper choices, but being warry…

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hey Pete. happy New Year…I often join the meeting later around 5:45 my time…

AA….I have it as a snapback in my scans but you do not….just want to make sure I see what you see..

I see Basic Materials strong, lots of easy scans showing up

I see a 6 day pause on dropping volume, but not closing on the low on tuesday..my guess is that is why…

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Hey Pete, I’ll be on replay.

Day trade management today, Dec 29, QBTS Got in around 2:15 EST at VWAP 25.67 (was an in5)

Added shares .15$ later as per 5 min ATR…..then again as it paused at 26.28…but that was also near HOD……I rode the next 2 candles up but STL was a MA 10 so gotten taken out at 26.39….

So should I have added so near…

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Morning Pete. Airlines, they hit the scanner every day right now…

ALK and DAL both look like snapback type opportunities today to me…I like ALK better

Recent bullish OF, now 4 day pause , not a classic snapback, but close. I like the drop off in volume as it has paused. It has some room to run if it can clear this box it has settled…

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Hi Pete. I’ll be on replay. I’ve been practising a bit of early morning scalping in the first few candles of the day. I’ve been using limit orders to get in….do you suggest limits to get out or market? Ive been using market orders so far. thank you

cheers

hey Pete, I’ll be on the replay

My question is about position size for day trading. We often talk about the first few trades of the day being “feelers”….looking to get info back from the market. So we put our feelers out as the first trades of the day, but this is when there is the most movement in the market….

We have the greatest chance…

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Hey Pete. I’m usually on the replay.

What do you know about these Prop Firms that are becoming popular online? The bigger ones like FTMO and FundedNext.

It’s certainly interesting to think about getting access to extra capital…and I like the idea that there would be company rules that would need to be followed in order to keep access valid.…

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Hi Pete. Day trade position question. AMD Yesterday

We have talked before about trading the open and feeler positions , then increasing size after getting some feed back. Can we look at AMD from yesterday, Wed 13 please

I traded 4 moves….the open candle, then the ORB, then the pull back to OP, then the long back to VWAP. Would you have had…

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Morning Pete. I like that ANF snap….will be interesting to see how that opens……any, look at SE please

I want to call this a snapback, but its not, more of a range break out

MA are correct order, M is green, W is still red. 10 day pause with reduced volume….but increased volume that last few days….so not perfect. 2 step entry. …

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Morning Pete. Nukes have been active so looking at NRG

10 day pause after earning gap up….volume declining durning the pause.

MA are in correct order, M is green, W is red,

ATH was last week, so it needs to regain that.

2 step trade with 1st piece hopefully on a push down today, looking for a snapback type entry with entry around 156. Add…

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