 I'm sorry. I can't stop coughing. I'll suffer through it till after I call the trade Still sick 51 is the high. Let's watch it. Okay stops gonna be 85 Wow, it's gonna be a big stop stops gonna be 71 85 and I don't have the entry yet Crap it went it went and I didn't even see it my candle broke late. I'm not in it I'm not in it. You could take it here. You if you want to put the stop at 71 85. It's a dollar I missed it Because I'm choking If you want to be in it put the stop at 71 85 I'm gonna wait and see if I can get a better entry in here And I missed I missed that entry in there It was a wide stop if you're in it stop 71 85. I'm gonna see if I can get a better entry Looked away for a second and it broke 71 85 is the stop if you're in it Let's see how this acts the next bar. I might have to take it Okay, we're gonna get another chance to do it if you didn't get it Either way, it's gonna be a big stop Okay, let's do Let's do 80 by 85 80 by 85 is valid 80 by 85 is valid short UAL and I'm not in it yet And don't jump the gun in this Okay, wait the numbers might be different Is anyone in it or not? I'm not in it yet Is anyone in it or not because the numbers might be completely different here because of the spread I would held 85 if you're still in it put it's put the stop at 90 If we're still in it move the stop at 71 90 If you're in it move the stop at 71 90 if you're not in it wait, and we're gonna get it If you're in it put the stop move it up again But you would have gotten dinged out of you had it at 85 at 90 here We're gonna get this straight stops gonna be wide 72 25 this is gonna be crazy wide. Let's do 80 by 25 80 by 25 UAL and it is a monster stop And I don't think anyone did that in there or Fred did it. Are you in it or not Fred? 72 25 will be the stop for this and it's just a big stop huge target though All right Fred did it. He's just in it You might I would put the stop at 72 25 if you never put a stop in Fred Here let's do 99 by 25 If Fred's the only one in it and he didn't put a stop Which ended up working out for him here, but I would really get the stop at 72 25 now Let's do 99 by 25. This is a real call if it hits here Take it if you want it take it if you want it or just you can wait till breaks get the stop in 72 25 That it has to hold that 72 25 Well, I'm in it. Did it break? I'm afraid I'm gonna miss it like the last time. No, it didn't if you didn't do it wait till break 71 But I'm already in I don't like anything else today anyways Wow is a big stop Has a big target though if you're not in it wait till it breaks 99 if it has another set up I'll call it. I took it. I thought it was gonna go right there Crap. I hope I don't regret it. I think it breaks. So Here 99 by 25 you al if you're not in it It's gonna break Tough going here for us. It's had it having a hard time widespread 99 by 20 here $70 is the first target and we can't ignore it So I know you know stop was big and all that crap But what are you gonna do market trying to figure itself out and I called the market yesterday as a long Which held and popped. I don't know where we really hold here today and this rallyed and This went a little bit here and this Okay, this has to break and follow through so low in here was 70 60 So I guess Fred did it I'm assuming Fred you never put the stop because 85 didn't hold originally and that I ended up being lucky than not having have done it It just hit so fast and I was choking but If you if you take trades, you really should need to put a stop in you got lucky there though Fred We're gonna see if we can get this down to 70 which I feel could even break but again market bullish Don't know what time it holds here at time of the day 9 36 GE is just a piece of crap. This could go to 69. This could even break 69 This is a long way down if it really wants to fall today. The question is Does it does it really want to fall or not? And Exactly what time does that want to fall? So it came down in here retested this area Right in here and that's where it bounced this morning in the first two minutes of the day If it breaks this area, which I think it does obviously there wouldn't be in the trade short It can collapse all the way down to here. That would be a really nice move Let's just say You got to be a little bit patient with this one here today Actually, it doesn't look like any of the other shorts worked PB. Why I Maybe why I had a little bit of a move. It's really trying to go I mean if you want to scout PB why I you can shorten put the stop at 65 90 70 cents could keep going. It's didn't rate well, but it absolutely is lower now Clear as day You could scalp the PB why I if you want to late call in there. It's already broke First stop was better didn't watch it watch this Don't really there weren't really any long so I was crazy about So it's that area there that are area around 757 60 that 745 ish that that that that's the trouble spot Which pretty much is the low where we were at 931. So that's that's a trouble area You will have traders buying this in here into the previous support But that's not what we go with we make decisions and institution of money. We're short the stock Just like Netflix yesterday. So which was along so you know Where you have to be a little patient, otherwise, this would just be collapsing But looks like it's gonna go and this quick short really was this Might have a decent might have a decent setup, but it kind of just looks like it wants to break down Not a bad entry in there though Okay, you are in it. We're looking for the flash $70. It's the first target No piggies today with the market bullish, but very welcome get to 69 68 something Stock can move You can really move actually so, you know 68 is really a real target here today not a dream Dream will be like 66 Can't lower the stop any questions. We're in this. It's all good See what it did there. Just went up retested here. We go. Here we go Here nice getting into a groove the shorts once again. Here we go. Nice call here. Hope everyone's in it There was only one bad thing about this The stop was big but the targets really huge if you stay with the train, so the risk reward is there I don't know if I'm gonna do that Simply because I like quick trades market For sure we've done in days Here we go under the low under the low get one nice flush let it push down 70 60 is the previous low in there This could have a nice big fat red bar. Here we go. You al here we go Well, it didn't break it yet. Come on Here it's gonna any second here Yeah, hope everybody got it. It's gonna go to 70. So just let it drop into 70 and right there We're gonna watch and see if it bounces or not nice trade Do-do-do 70 35 Call me or got out of half. That's okay perfectly fine This is this is a goner now though. It's done. It's on its way So no one's gonna if you if people did go long here into the support They won't the will they're stopped out or they're gonna be stopped at any second They're and they're not gonna go back into it. So this is on its way down now It's it's gone So we'll give a little bit more time here Amazon you got to give time today if you're in it and Netflix you got to give time That's why I called that out so far in the future for everybody. It's in it And another trading room we got some evil short that yesterday, which I told you what a crazy thing to do You got out of Amazon Galahad. What was it? How much profit did you make? What was the reason you got out of it? Just to book money or why? UAL I'm in it if you wanted to get out a summon there like koala Baron did again What is your money management hold the whole thing down to the first number? Get out of half get out of a third get out of the whole thing into the first move Galahad made $1,200 on Amazon great job Congratulations, how much are you up in Baba? Since we're sitting here waiting You had one contract of that you made $1,200. That's a power. That's a power. There's a power of the gap right there You don't need a lot Okay, here we go UAL here. We go 35 here. Just broke it here. Everybody watch watch watch watch watch Yeah, 943 into 945. Let's see where we go trying to get to 70 7025 was another number you could have watched but I think it's gonna break it. Let's see any second here Here I just want to see if it breaks 70 the question is time market Do-do-do here Wow nice call Again, only one wrong thing with this it was a lot of white stuff. That's the only situation 70 20 70 17 I'm trying to give us a little more time, but you really could have taken it all there. You could have taken it all I'm gonna try to give it one more push. I do not want this to completely rally against me though here in the morning One green bar isn't gonna matter that much. Let's just see if this can hold and continue in that one Moment here. Here we go. This is a nice trade. Oh 17 19 20 This looks like it wants to go through this and continue, but it has not yet 17 at 19 and GE is a goner this completely flipped and This worked and then you had to get out. Hmm. Is it for me one more push here? Okay, here comes here comes into the first target you al Definitely taking it's good old time 13. My hand is on the button though people This is so hard because it really if it gets a 70. I think it goes right through it I think it just slams right through it here here here See if it slams through it or you could take it at 70 Really nice claw hard chart to read it into really strong chart. We'll look at it in a minute Once we're out here. Watch it at 70. I think it slams right through that baby Which was worth holding it because it really wasn't worth holding it for 10 cents there. There it goes Yes, that's what I want to see here. I'm out. I'm out. I'm out. Do whatever you want You can stay in it if you want. I think it goes to 69. I thought it would just go really hard through it It did it did did break it. It's gonna keep going. I just forget it. It's done. Nice morning Okay, what do we have to do next if you listen if you want to have put this over then fine But honestly, I think it's gonna bounce somewhere. I thought it would just I thought it would have like a 40 cent bar there It didn't do it. It broke it it could still do it. I mean, it's gonna do it today, but you know, I don't know the time here It's gonna try Cream everx up higher may 375. Good job. If you're still in it bar by bar it here It's gonna try to break 70 again. I wanted a nice flush through it I got a little bit of a push but not what I wanted to see. I thought it would just go Write down maybe to 75 or something like that. Is anyone still in it? Looks great. Here it goes. UAL UAL a 69 boomer bust if you want it Could be a big trade. I mean, it was a nice trade right there. It was a really good entry Steve's chicken got out made 786 75. That's not chicken. That's real money Gypsy still in it adds up $54 In Baba a quick look. Where did this go 1388? Markets slightly red Dow doesn't look the same this is a piece of crap and this Was hard to do worked what you had to get right out Here it goes UAL. So is some people are still in this. Here you go under 90 69 is a real number for this today. I even think 6850 6860 68, but again, will it happen in the morning before 10? Nobody knows so nine minutes before 10 o'clock. You got to watch everything Fred's still in it. I wouldn't be a pig though Fred It's your first week here. You need to be green every day Monday Tuesday Wednesday Thursday Friday And if you knew and just did the class, that's all you should care about Koala bears flat. All right. Good job everyone a nice call by me So just really quickly and then we'll go over Gallagher's question and stuff Friday morning, I'm on TV very early and I said this before some of you signed in Jaira cannot run the room. He's away and has internet connectivity problems I will be here if you want me to be but I know that I'm not going to be at my best And I honestly don't know how I'm gonna feel at all because I've never run the room when I've been on at 5 a.m Because I'm gonna be up at 12 30 a.m. Thursday night So I I'm willing to run the room. I will be physically in my apartment But I usually go back to sleep and then he runs the room Do you want me to be here or not because if I call a train? I'm just telling you I'm not going to be in the same Melissa. I Mean I might call somebody that works. I might not I definitely if I do run the room and there isn't anything good I will shut it down and we won't stay and talk or lecture, but I'm willing to be here But I'm telling you I'm not gonna be myself. I'm just gonna tell you I won't I'll be on I'll be up for nine hours and in the middle of the night And that's the reason why he's been running the room when I'm on that early But this is just one of these weeks where he can't do it nice call me. I mean, Melissa. Yes. Yes, Fred made a thousand dollars. Good job There you go help to pay for the class Koala bear wants me to run the room Primaris is very nice cause he says you're awesome. Thank you So just vote. I mean, I'm telling you that I'll be here I'll come home and go to bed Usually you're back, you know before six and I'll sleep for two hours and then get up But I'm just telling you I'm not gonna be my normal self I don't know what I'm gonna be like But the day after whatever I'm on I usually try to go to sleep and it's very hard And then I do but then it's not a good sleep and then I get up usually around lunch And then the day is hard the day after that schedule. I usually by three or four I just you kind of feel like when you don't get enough sleep like you're drunk, but you're not drunk And because then I have to force myself to stay up and go to bed normal time Otherwise you're off for the next day So it's a it's a it's good that it's the weekend the Saturday and Sunday because you know either way if it wasn't if it Wasn't Friday, I would just close the room if I had to do the following day I would tell you right now so it'd be normal but because it's Friday I'm saying I'm willing to be here, but I'm just I'm just telling you I don't know how my brain is gonna be functioning because it will be on no sleep Because I have gotten I try I get embedded seven and I try to go to bed by eight between a seven and eight But it's hard. It's hard to go to sleep at seven o'clock so Gosh, I just thought of that now because it's dark. It's winter What's that gonna be like when I'm on in the summer because it's seven o'clock. It's still light out Way to go Fred Kuala bear sense So no one's really voting except for Kuala bear and a couple of people said what they thought before What what is everybody wanting to do write it in the room while I look up tonight's earnings? Create and do anything right. I'll look at it in a minute, but that was a bust. Oh good to do a good short today Love it And a quick one too Fort is tonight Discover what is today Wednesday Nothing I'm crazy about tonight, but there's a lot of big names, but nothing where I'm like Oh, that would be really good LBS we can look at that LBS and Ford are tonight Chiefs is up in the room Gypsies is gonna sleep get rested CJ says run the room hers is a Lakersport on Friday But I understand if you're not up to it Good problems the hell being on TV. Yes, it's true Debots, it's called the room. You never know what you'll see God says open the room. We are warned if anyone's to trade us nothing to close the room Yeah, that's what I'm telling you if I find I'll open the room, but I'm telling you I'm not myself So I'm just letting you know so if I call something and you know, I'm just telling you that that sixth sense that intuition I don't I don't know how I'm gonna be on that on Friday because of the fact that I will be on no sleep and Less than five hours of sleep is really hard to function for I think any person Getting up in the middle of the night is very challenging too. All right, so let's look at LBS chart so I'll be here Friday, but no promises and no lectures if there's no trades and And just so you know, I won't be at you know tip-top shape LG appliances. No, I don't know the symbol for that LBS is out tonight Rest my third eye. My third eye rests when I sleep every night Rumi My third eye sees the market and Stops too. So I don't think anyone else is in this but if for some reason you are I'm gonna tell you where to the lower the stop If you want to stay in this the rest of the day You want to stay in the stock the rest of the day put it at seventy one sixty that should keep you in this all day It's above where you entered it, but it should keep you in the stock all day seventy one sixty It's continuing sixty nine is a real number And this is really trying to go here again into ten Call around. I don't know why you want to look up that appliances, but just Google it It should it should come up if you want to Google it. I'm not sure what you wanted to ask about it Let's talk about Gallagher's question here. I'll go up and read what he had and then I think that's it for today Ella had said it about buying retracement Because the retracement in Baba worked I Maybe I haven't communicated myself correctly, but I I'm going to the second so listen up I'm not saying that sometimes buying support of shorting resistance or buying Retracements or shorting retracement does not work. I never once said that does not work never in my life Did I say that does not work? I said that's not what I do and I also said that's not what I taught you to do and Why because momentum comes in when it stops gapping Momentum doesn't come in in a retracement just so you know If it did it would be something reliable that you could consistently use for profit You've been watching these things go ahead and it when you say stuff It makes me nervous the market's been extremely bullish and as a result every baby pullback in the market has been bought and some strong stocks too So you're looking at a period of time here and you're saying every pullback is working Melissa It's not going to continue like that And it has only been because of the move the markets making so if you're going to go long Every strong stock in a pullback for the rest of your life that will not work The system that I talked to you to buy bullish gap ups the rate 20 points or more are short bearish gap downs The rate 20 points or more is a system that consistently works in any market Proof UA out today. We shorted it market made a new high market gapped up It was a nice trade and we shorted a stop But I'm telling you that you can't look at one period of time We're the markets power training and saying you can always buy support as a consistent way to train I never said that doesn't ever work That's why people do it because sometimes it does work and more importantly the reason people do it is because it's easy to see Where support is it is also something people can wrap their head around That are regular people traders. They can wrap their head around their head around it They can wrap their head around the concept They can see support very easily usually made by moving lines or other indicators as well like Fibonacci's whatever whatever other things You're using People can wrap their head around it very easily Conceptually to them it makes sense to buy low and and and sell high But I'm telling you the consistency is not there doing that or it would be Extremely easy to trade it would be Extremely easy to trade if that was the case if you could go long support in every strong stock Existed in short retracement rallies and everything to the downside It would be so easy to trade and the profit would not be there to make the same money from the market for the people that are Successful, so I'm telling you it's a misnomer a misconception I should say that that is something that consistently works. You're looking at a period of time an extremely bullish market You're saying they all work So you bought through this I'm a little shocked this made this retracement so soon But because of the market, I guess not really stock is strong But the stock really should not have fell on like that. That was a big fall The fact it did it quickly it showed signs of strength in the stock and it gapped up today and it's running But conceptually for some reason it's hard for people to see to buy this but not me today This actually is a long today you get in Baba as a new trade In fact, maybe I'll call it as an option I have to look at it But the point is though that People can't understand this and most people don't unless you do my class This is some people understand but does not work consistently this does and it does whether the market strong or not So I never said retracement don't work. I said I don't do them. I didn't teach you to do them And I just told you why the markets power trending whether continues all of 2018 are for the next five years I don't know who knows it could But I'm telling you if you want to be in the game for a long long time. Don't do that do what I'm doing Let me look at the Baba option You are acting like a normal trader by doing the retracement snow instead of the gap place a gal ahead I don't have a problem with you staying through Cause I make what you did on that But then you need to do that with every one and I don't think you did that with win I think you killed win and win went on to be a huge massive win You know good trade nice trade. Thank you turtle. Let me go look at the Does anyone have any questions actually I'll just look at it later Does anyone have any questions with anything we did today anything we did at all today? Oh crap, sorry, that's a Some stupid video here. Let me turn off the sound. I Hate when these ads just come up you go one thing in the internet now you get an advertisement Um You didn't do when well when worked. I'm not sure if you would have killed it or not then if you didn't do it But that was a good one. I went to 200 it one another day, too Okay, what is everybody want to go over Anything so spy's gonna go to 300 this year really wasn't sure in January January 1st December 29th Whenever I was on TV talk about the market in my mind. I was like was a possibility. It's clear now Spy's gonna get there some awesome numbers here. I Don't see how we don't get there. It's not that we can't pull back before we get there But I gotta be honest you we might not so a power trend market still no big green fat red green days in here And you know look at this That isn't even that big it looks big compared to the other bars, but not really it's only two bucks And change so I mean markets just continuing higher But it is not parabolic that was a really good discussion we had the other day Does anybody have any questions good day if you don't let everybody go I will be here Friday morning then But I'm just gonna be on very little sleep, and I'm just letting you know I'm not gonna be a hundred percent. We'll see what we get tomorrow's normal and then Gerard's back next week, but I don't have my schedule yet. So we'll see what happens. So what's going on right now? all of its good stuff like Kuala bear said and No complaints Thank you for the great trade thank you Melissa. Good job Yeah, honed it down today Honed it honed it down because not all the gap downs worked and I was really very I mean I needed the conviction to short today with the market at New High as we got it Alright have a good day everyone. I will see you tomorrow morning. Very good. You're welcome