 So right now it is 7.45am and I'm going to start to do my review from the previous day. I used to do it at night but I switch it back to the morning and really prioritize my sleep and also you know doing some activities like running or going to the gym because sometimes at night I'm just not really in the mood to review and I kind of just butch my review so it's counterproductive to doing and actually a good review. So we're about 16 minutes of the open and at this point it seems like it's going to be a really quiet day so these are normally the day I get in trouble for some reason just because I'm forcing trades when there's some time nothing or like very little to do so already my expectations are going to be pretty low if there's nothing at like I don't know 11-12 I'll probably cut it early it's okay to take a bit of time off and enjoy life because when it's busy it's busy and I feel like the focus is going to be really on Nvidia today the reason why is it just released their earning it gapped up massively but I feel it's going to be like super crowded and super hard to trade so I just don't want to trade it today but maybe in a few days it has a nice setup or something like that so by the way at any point during this video don't forget to check out the links in the description I didn't link all the best tools for day trading that includes broker scanner charts and news feed and also if you enjoyed like and subscribe so let's get back to the video so just finished with the morning session and so far it's been what expected definitely on the slower side but we had stuff starting to run intraday and that's always good because it creates a lot of momentum you know people are starting to be too early on stuff just because they had nothing to trade before so a lot of mistakes are going to be done and it can also create good opportunities so we're going to hopefully capitalize on this this afternoon so this is off topic with the video but I'm trying to find traders that are living in the Montreal area or surrounding so if you're one of those people and you're an actual trader so you trade full time or almost full time let me know I'm trying just to build a community around here just to you know hang out get some drinks stock trading and that'd always be just behind your screen so let me know in the comment section or send me an email at this email address over here so let's get back to the video so today on the menu we have a panini sparkling water and hopefully it didn't cost us a bunch of money to get out of the office because last time it was expensive so it's currently 445 I was just finishing up with my day you know reviewing what I did because I didn't do much I didn't trade this afternoon I didn't see anything that was really worth putting risk and I didn't felt like you know taking a little scalp trade or anything like that if I'm trading the afternoon it has to be a setup that's really worth it because it's so easy to get trapped in the afternoon action just because you've been watching the tape watching level 2 watching charts the whole day sometimes you just feel like gambling a bit and I didn't want to do that so I stayed in my chair and I did not click any button which is pretty good shows that I'm improving my discipline and I'm really following my playbook and my setup so now let's talk about the main trade from yesterday or the one that I've had the most conviction on so the trade was TTOO and you can see from the execution I was pretty aggressive I was going right up the open covered some because it was SSR so you could have a big push and I just re-added everything and you know just try to build a position it takes a bit of a position off you know sometime protecting for this big spike just putting everything back on and I just topped out right over here so there was a few set up in this if we just look at you know the chart pattern we can see that there was clearly like a wedge over here so we can see that you know I was looking at the wedge even if you want to redraw it you know you could have draw it like this I was just looking for you know this was a big consolidation I was looking for a breakdown from this just looking at the intro day it's not enough so if we look mainly at the multi-day or the daily chart this is the day over here so we can see that you know it had a really big move it's been in play for a long time and it's still doing a decent amount of volume so that day over here I really thought we would break down exactly like we did you know after I stopped out but I thought we were gonna do it earlier and the reason why is we're really gapping below so I'll put something like a five minute to make it easier we were really gapping below some important level as we can see these were like the really the big level that we see over here and as we can see over here this was really kind of the level I was looking for to break down from and we did you know in the pre market we had a push into it then we were just consolidating near the lows so I was just technically thinking that this should you know kind of consolidate you know move a bit and then you know have a big breakdown and continue and we did have one really in the after noon or slash after hour almost but it wasn't really the setup I was looking for so every time I trade something I do have a reference trade in my head and that's something that I don't think everyone does but it's just by being in front of a screen like over time you just start to remember oh yeah this makes me remember of this sticker this makes me remember of this sticker so if we have COSM that was a long time ago but it was 2022 December so almost a year ago and we had somewhat of a similar situation right the stock made a big move and then we have just an important level that we're looking for a breakdown and that was the day of the breakdown so if we bring this chart we can see that you know the setup wasn't exactly the same but it was somewhat pretty close to I was just looking over here at the previous day and then you can see that you know we have like a consolidation you know we just play around and then we start going and we have a really nice move it's not the biggest trade or the cleanest trade but it's a trade that still works enough to make me want to take it and a better example I have is going to be on BBYQ and it's going to be on this particular day this was more accurate or more close so we have the level over here that we see is the 335 so if we put 335 so we have a similar situation with the gap down so it's a bit more the same as TTOO so we have stock gapping down we have a push on the open where I kind of have this like a random price action but then we create like a nice wedge and then we have a pretty nice move you know from 315 all the way to 280 so this was like the same exact setup I was looking for just a recent runner that created a lot of volume you know that there's going to be a lot of people that want to get out if we break that level fortunately TTOO has been just a harder trader when it's not like super extended it's pretty hard to trade in the like range or lower level so it's definitely something I'm going to be careful going forward I just don't think there's that much edge left and it could be because there's less retail participation or just less you know weak hands in the stock or people are really true believer and they're not going to really sell for no reason or just because the level gets broken but that's going to close this episode because I have to start packing for New York peace