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Focus on the First Two Hours
For traders that are beginning their daytrading or experienced traders looking to get their trading back on track, here’s a time-based approach that has worked well for traders in the chatroom.
Setup in PLTR. 12/11/2020
There is a nice zone of risk on the PLTR 15 minute chart… the overall setup is on the Daily, but this 15 minute chart gives you a closer, new zone of risk if you are looking for a pullback entry.
Don’t get suckerpunched at the open
Today’s initial move lower triggered shorts that were squeezed later in the morning. Here’s how to stay out of the trap and the trades that we took.
How much lower?
Today’s pullback is an opportunity, and not something that is altogether unexpected for Wednesday and Thursday this week. Here’s the breakdown…
Where the Dow triggered long today
With bullish Directional Bias, there is little reason to look to the downside for trade entries. Sticking with the intraday longs continue to be the high percentage trade.
Clearing Range Clues
The price action the first 30-minutes after the bell will set the tone for volatility, breakouts, and for RISK. Here’s what we knew 30-minutes after the bell.





