Trading the open is one of the most dangerous times of day to enter new positions. Armed with technical reference points such as short term resistance from the prior day, “floor trader pivot levels” and a VWAP, this video explains the thinking behind a purchase of $MYL right after the market open. The initial bounce … Read More
Oil has been hitting highs and that put some of the little oil stocks in play. This video shows you a live trade in LEI this morning. The financial software I use is RealTick.
from today Morning Bear, Afternoon Bull from brian shannon on Vimeo. Scalp In A Choppy Environment from brian shannon on Vimeo.
is crucial to short term success in these volatile markets. If you expect nothing and are prepared for anything you should never be surprised. Daytrading An Afternoon Rally from brian shannon on Vimeo.
the markets (Q’s and SPY) have held above .618 retracements but they are both below daily VWAP at this point. A break below 10:44 AM low could set up test of lows. Quick Scalp In QLD from brian shannon on Vimeo.
Here is how I traded the setup in Mindray Medical International Limited (Public, NYSE:MR) earlier today. Short Squeeze Trade Setup Review in MR from brian shannon on Vimeo.
Here’s a look at a loser recorded live today. Losing Stock Trade from brian shannon on Vimeo.