 What's up guys this is Alex from Xtrades. Today I'm going to be going in depth on how I go through 270 tickers on the weekend basically and create a watch list out of them. You can see right here I go in order. I go from the highest percent change down to the lowest and I got ticker symbol Mara right here. I really liked how this is setting up for basically kind of like a falling wedge setup. You can see that it pops out. I had a couple days of consolidation and now I'm starting to break to the upside while crypto is on fire. It looks like I go ahead and draw supply zone right here and I would probably use that as a target if I were looking to trade calls on this ticker and you know it's important to add your support and resistance. You can draw Fibonacci retracement if you want how I did in this example and this is probably another important part coming up here. So essentially when I'm creating the trade ideas list for the weekend I'm putting the ticker name. I'm putting a brief description of what I see and I will put if I'm going to trade calls or puts basically. So after you get your first bulletin I just put the ticker brief description and then I'll put if I trade calls or puts and that's one ticker on the watch list and then I'll go ahead and go to another bulletin. Looks like we have STNE next and the good thing about you know typing these out and writing it down is that you know you're essentially typing out your bias right and sort of like a little plan and visualization of what you see. I think it's really important because you don't want to just take a trade just because and another thing that you'll be seeing a couple of in this video is setting alerts. Setting alerts that key points of resistance or setting alerts that trend lines and that pretty much preps you for the future whenever the target's hit you'll be ready. So it looks like STNE is kind of putting a double bottom right here. I wouldn't say it's exactly ready to be set up yet but we'll go ahead and draw an alert or I'm sorry just add an alert and just right click and hit add alert and put your desired level. So here you can put STNE resistance breakout just like how you see there and we wait for that to hit and I fast forward any of the tickers that I don't end up adding but I wanted you guys to see that I look at these pretty in depth and I go over a lot of tickers to narrow down a good watch list or even just trade ideas and half the time I don't even trade all of them. I mean I trade one or two maybe but the point is that you're prepping right you're spending your weekend and I mean it could only take a couple of hours you know. I mean it's not too much work. I go through 270 tickers and it's worth it because it narrows it down to some solid setups and looks like here we got our next one. This is IO&Q. It's actually a pretty new stock I believe and you can see it's poking out of that downtrend. You got a nice demand zone. Got a pretty big supply zone overhead. I'd probably use that as a target. In our first example of MARA you saw that I put is breaking the one day downtrend looking for a move to supply around 40s. IO&Q one day downtrend close to breaking out and I'll probably look for a move to supply on that as well. And I go ahead and add the trading view links with it too because when I'm when I'm posting on the watchlist channel I want you guys to get a visualization of the chart. It's one of the most important things so you're not just blindly taking a direction. Looks like we got ticker symbol docks right here. Looks like it might have a falling wedge setup. This is probably one of my favorite patterns to be honest. And it looks like I go ahead and add a trend line alert. And the reason you add the trend line alert is because when it's reached you can go ahead and trade the breakout or you could trade puts on a rejection. So we put docks we put our ticker symbol time frame one day falling wedge setup forming. We'll set an alert at the trend line and wait for the breakout or you could even take puts when it rejects. So there's multiple ways to look at downtrend line. Well there's two ways. Sorry and you see that I'm putting my planned on direction. So I'm trading calls for Mara calls for IO&Q calls for docks and maybe puts if it rejected. And you always want to wait for confirmation. And it looks like we got Tesla right here. I don't think I found anything on Tesla. Not quite. Got coin right there. I'm already bounced from the trend line. So I probably wasn't trying to do that one. Viacom too much selling. MSTR spreads are too wide. All right. Here's MU Micron Technology. Looks like we erase and start with a fresh slate here. So I add a one week supply zone which is right where the price is at right now. And that can give us two opportunities since it's so close to breaking out. We could look for rejection here off one week supply. We can set an alert over 97 and trade the breakout. And that's the beauty of setting alerts. You wait for them to hit. You don't always have to act on a trade right when you see it. You can make sure that it meets criteria and know that you're patient. Waiting for that perfect setup right. That one good trade. So I go ahead and draw some Fibonacci retracements. Usually if I trade big breakouts like this I like to use the 1.272 extension as a breakout target. And that's usually my first breakout target. And then we go ahead and add a MU alert at 97. And that will indicate a breakout of supply zone. And I also like the downside opportunity here if Monday we flushed. It kind of closed inside the supply though. So they both could take that bullish. It just depends. We'll have to see the sentiment on Monday. So I put MU currently at one week supply zone. Could see some short term resistance. Another thing is really important to wait for confirmation. You know just because you get an alert and it triggers and the criteria is met. You know it might be smart to wait a little bit. Maybe see how the one one day candle is going to close or maybe see how short term price is going to react. Pay attention to the volume etc. That way you're not getting faked out. Looks like we get a little fast forward here. So I'm guessing we don't find any setups. I do. I did like this laser setup a lot but there's already breaking out the double bottom resistance though. All right. Here's LVS. I do like this one. You can see that it's almost got like a big like down channel kind of narrowing down to a falling wedge a little bit. But there's also a short term resistance line too right here. And I like that breakup. So when it gets above supply that could be giving a good trade up to the next blue trend line resistance that you see right above that. So I mean analyzing is all about thinking ahead and also thinking about what you see right now on the chart. You have to think about what price will do ahead of time, right? At least just a little bit. You don't have to think too hard about it and get paralyzed but it's good to think about. So what we're thinking about in this tray is we're trading the breakout. Yes, but we're also being mindful of the overhead trend line resistance. And we also have to be aware of the supply above that as well. Let's see what we type out here. We've got LVS. Confirm the breakout. It's actually a short term breakout because there's another trend line resistance above and I could make a good trade up to next trend line resistance. Sorry, it looks like I was trying to think of what to type. I did not fast forward this part. All the live examples that I ended up typing out. I wanted you guys to be able to see. And you don't have to always type out what you're seeing. I'm just showing you guys how I create my trade ideas list every weekend. I've been doing it probably the last month or so. Last month and a half. It's been helping me a lot more with just trying to stick this out setups. I still do like the day trade spy and take those speculative trades that you know you're just basing off the intraday chart. But I really enjoy doing the larger time frames. Looks like we got snap here, total down channel. I actually lost some money on that one. Lift really nice breakout, but I mean it's already so close to supply. Then we got shop. Pretty sure this actually turns into a setup that we add to the list. We got a one day downtrend breakout. Looks great. Super close to supply there. It's the only thing concerning and you got that light blue 50 EMA right there that can definitely act as resistance. So I believe this would make a good short-term trade. If you were to swing trade this and you're trying to catch the breakout, you need time on the contracts. Because there's a good chance when it runs into supply it's going to reject. At least a little bit. You got a demand zone down there, drop base rally. If we find anything else on this. I honestly don't remember. All right and then we add the next bullet point. We got shop, downtrend breakout. I'm guessing I just type of looking for a quick move up to supply. Right and due to supply being so close this would need time on the contracts or you can just day trade the short move and that's another thing. You know you're utilizing your levels. You're utilizing your knowledge on supply and demand zones and seeing how close price is to getting to these areas. So you know how long you have or how much price range you have and if it's too close you know to supply sometimes it might be good to just wait for it to break out of it or you can try to take puts off the zone you know and it looks like I add or you can day trade puts when it reaches supply since it's so close. So Okay we got another fast forward here. I guess I don't find any setups. All right here's footoo. FUTU ticker symbol. Looks super close to breaking out but this falling wedge and it's definitely worth a trade over 50-10 it looks like where you see that arrow. You don't have to break upside. So I'm pretty sure I already had an alert set there. So there's two trades. You can trade it when it breaks out of the downtrend or if you really wanted serious confirmation you can just go ahead and wait for it to get above 50-10. But um you could take the downtrend breakout and then trade up to 50-10 because that could act as resistance or you could just wait. So it looks like I put footoo falling wedge breakout getting closer. I would wait for 50-10 old support slash new resistance to get cleared over before looking at calls. On to the next. I don't think DOCN had any setup that I really carried for. LLY nice channel. FCX inside supply. WDC had nice breakout but it's already I mean a couple candles over. BBBY looks like Victoria's Secret might have had one but I don't really like it. AMAC kind of has a symmetrical wedge just sending pattern. All right here's Uber. I definitely found a setup on this. Even if it's not completely there yet this is a pre-anticipated setup. So where you can set alerts and wait for the setup to hit. Since it's not directly at the downtrend line yet the upper trend line resistance we just set an alert. You got your bottom part of the wedge to your bottom trend line support and then you come back above and draw point to point and see that it's narrowing down into a falling wedge. And sometimes you just have to play around you know just play around with it see what looks the best see what makes the most sense. And this is setting up on a one week chart so you know when this breaks out this is going to be a really nice setup because it's been consolidating in a downtrend for so long. Looks like since before 2021 almost. Looks like we drew out Fibonacci retracement found strong support at the 50 and then fell through that didn't quite get to the 61.8 and I kind of just switched back and forth between regular support and resistance and sometimes I'll draw out the favorite tracements it just it just depends a lot of times I'll just check multiple different kind of tools and see what's making the most sense. So I put uber setting an alert. Forgive the slow typing because this is me directly trying to think of what to type for my brief description so might take a second. All right uber sitting alert at downtrend line we'll look at calls on the breakout or puts on a rejection. I would like to bet on calls though especially when it breaks out because that's a nice falling wedge setup so. All right on to the next. Cat had kind of a nice one but not quite there yet. Trip UPST I really like this one. This one looks super close to breaking out especially above that 157.26 red line you see there. When it gets above that it's probably going to see some serious momentum. All right I put UPST right at one day downtrend line we'll set an alert for a breakout to write and that's for calls. Can also set an alert above 157.26 that was a 157.26 I was just talking about. It looks like I got stuck right there. Getting on to the next. This KSS setup kind of has like a falling megaphone pattern just nice but I usually only try to break out on those patterns. All right and this Levi setup is actually pretty good. It's got a short-term breakout I'm pretty sure from what I remember. I chart so many things so just remember that I'm basically reacting to what I charted prior but I charted a lot of stuff so I mean it's hard to remember sometimes but I'm almost positive this is a one-day downtrend breakout here that I'm about to add. So add the supply zone you got a couple key levels 2460s and then 2380s it looks like and we got a drop-based rally demand zone and you can see I'm basically just when I'm drawing the regular support resistance I'm looking for the you know clear reversal pivot areas or price clearly clearly reversed. Levi one day downtrend breakout and I'm guessing I'm looking a type that I'm looking for a move up the supply and maybe looking for a pop above that resistance or old support that's right at the 2463. You want to see a pop above that for sure. I hope you guys are enjoying this so far I know it might be a little repetitive right going through all these charts and you're just like what the hell like how long is this going to take but this is what analyzing is all about. It's all about recognizing patterns and being repetitive because that's how you get good at drawing and identifying. Well I really see that plug setup was nice and this UPS setup is super nice too but it's just too close to supply AMD had a nice setup but too close to supply. Maybe take put MTCH too close to supply even though it's a nice breakout to back test. All right and this is FDX pretty sure we found a setup on this. It looks like a one week downtrend breakout and it's definitely poking out already and you can see that MT4 oscillator is giving a long signal down there it's crossing over to the upside and then we got that 255 resistance area definitely want to see a pop above that. You got a 234 79 old support area you got a drop base rally demand zone as well and you can see I'm kind of just analyzing the more recent area right and you can also go back you don't just have to do the recent area you can go back and find gear levels from a year or two ago if you really wanted to. I like to think that the more recent areas hold a lot of weight because a lot of that fresh liquidity from the recent moves could still be sitting there so those resistance areas you know are other areas that institutions and other whales and toots and all that are looking for so what you see is what others are also seeing and they tend to try to repeat that. So we got FDX close to breaking out of a one week symmetrical wedge and if you guys saw my trend lines triangles and wedges video you already know what the symmetrical wedge is. I can break in either direction but it looks like it's getting closer to breaking upside here so because it's already poking out on one now we got if it can clear above 255 30 resistance that's even better confirmation and let's give for calls add our link onto the next bullet. I'm pretty sure the next one is TGT and I'm pretty sure I find a setup on that as well. I really like this one week demand zone that it has. I actually saw somebody post this demand zone in the option chat before I charted this so shout out to him. Got a one week supply zone over here you can see the light blue one week 50 EMA was breached it was broken so keep an eye on that you're going to want to get it back above 222 what is that 222 80s you could just set an alert over 223 and that would actually be a really good setup if you can get it back above that support and break back up I have a feeling that you can spring up especially with that one week demand zone and you can see a strong wake off of it in our exact description here TGT strong wake off one week demand need to see it clear back over 223 that's going to be for calls alright and on to the next I'm pretty sure we have a fast forward here don't find anything on GM try to trade up butterfly on GM actually and it lost $80 on it thing plays around too much all right and we got sovereign here um you can just see that huge head and shoulders pattern I actually almost skip this and then I saw that I'm like you know what I could actually probably make a future trade out of this so we drop a head and shoulders I'm using the head and shoulders tool on trading view and for head and shoulders you're you're only trading the neckline breakdown and same if you're trading an inverse head and shoulders you're only trading the neckline break out to the upside so this is the opposite this is regular head and shoulders you're playing the neckline break down to the downside so this is good for shorts good for puts it looks like that damn magnet started getting to be a pain in my butt so turn that off for a second and your looks like your neckline is 3144 so you set an alert and you just wait for the breakdown whenever it hits it hits um when you get the alert sit and shield for a second see how see how price is working um it doesn't mean act right away you know check a couple more things see if volume is supporting sellers uh see if it's just gonna wake off when it breaks down and fake out and bounce back up you know that it happens all the time a lot of these can end up being traps so it's always good to wait and see so we got sava got a large one week head and shoulders sitting an alert on the neckline break to trade puts on the flush we got our link as simple as that and we just wait for that that'll be a future trade maybe potentially that's why we put out alerts for future reference because maybe one day when you're having a slow day you're not finding any trade something hits and ding ding ding you had a winner this ad see set up is really nice but uh i don't know i'm i'm i think i saw like it's some inside ourselves so i was like that might see some downside all right we got tillray painting the ass stock i actually got some january calls that just got crushed on this thing but uh it's got a falling wedge set up here real nice if you get some volume um you could see a move back up to 10 might take a miracle or a really good earnings report which you can see the little earnings icon down there it's coming up it got what is that 18 days left so we got tillray one day falling wedge breakout might need more volume for upside calls maybe add our link and like i said yes this is already you know a decent amount of trades but it doesn't mean you have to trade them all you're just charting these out just in case never know how you're going to feel in that exact moment when you see the setup and when the market opens you know you might like one better than the other so it's good to have options and this ba setup is really nice looks like you got a one day down trend breakout almost kind of has a wedge formation as well as another um trend line resistance overhead kind of in a channel formation and that would probably take a move up to supply and where's that supply is that around like 208 maybe 210 area so that might be a good um short term trade uh ba always has a lot of sellers on it so you can pretty much make a good bet on when it reaches supply it's going to see some resistance um i mean a sysco setup would actually be pretty good on the 1.272 rejection for puts but i don't think i added that one we got airbnb here ticker symbol abnb got a nice little poke out of the downtrend here and a couple little small supply zones so this would make another short term trade and you'd want to see a pop above that um light blue 50 ema and the 50 ema is basically it's more like the medium term uh trend and the 200 ema is like your long term trend basically and then your 9 and 21 are your short terms so it looks like we're definitely going to be adding this one for calls um don't see any really crazy obvious supports or anything um there was this one week demand zone right here it's a rally base rally one week demand zone so that's why you see such a strong bounce off that area um it was more most likely institutional orders and liquidity waiting to be filled and you can just see the volume as soon as they touch the zone it's ridiculous every inch of the arrow that would be your target at least on a short term um if you didn't have time on your contracts that would need to be your target if you have time on the contracts you could wait for it to chew through that supply and head to the next supply all right we got a b and b short term downtrend breakout could see move up to overhead supply and it's going to be for calls by the way could maybe do a short term um day trade and that's going to be the same thing for ba as well so i just copy and pasted up because they both kind of are close to supply so taking that into account that disney setup is really good but it was in supply so i didn't market lmt had a big gap overhead macy's nice demand zone bounce mgm looks like it's at supply in a 61.8 so that'd be a good rejection and then g e um i'm almost positive this is a downtrend breakout yep so we got g e general electric one day downtrend breakout and it looks like it maybe had a supply zone at the bottom there i don't know if it's a one week or one day pretty sure i delete that though and um make a fresh drop base rally zone because there's one right there the fresher the better because there might be fresh liquidity sitting in the zone when it comes back to tap it so and this would also have a pretty relatively short move up to supply and i'm pretty sure this is the last slide for this recording um i'm currently debating uh because i still have so many tickers to go i'm already at 42 minutes if uh i'll add more because we've already had about 16 setups just off of what we went through here so we got g e and we got the same same thing a short term downtrend breakout and uh we'll be looking for a move up to supply since it's so close and i think that's the yeah that's the last clip guys thanks so much for watching