 Welcome to Access to Trader, the number one community for high-level traders to learn valuable trends and strategies. Connect with other top traders and become consistently profitable. Click the link in the description of this video to receive a special offer on our revolutionary PS60 training. Access to our daily chat room filled with experienced traders and so much more. Space is limited so make sure you don't miss out. We look forward to seeing you in the room. Hey guys, good morning everybody. Welcome to the first weekend update show of the Access to Trader.com. Well, weekend update show. Everybody is having a super start to their 2019. Again, for those of you guys who I think I don't believe I recorded a video last weekend when I was skiing for, well, nothing to ski for New Year's Eve, but for all you guys who are joining us the first time, obviously in 2019, I want to wish everybody a very happy and healthy new year. I pray and hope that you can have and you can achieve everything that you want for 2019 on personal levels, relationship levels, obviously the financial reasons why we wake up in the morning and try to click the mouse effectively as well. So God bless, hope everybody has a safe, happy, most important healthy, right? Most important healthy because at the end of the day without health, well, there's nothing else to talk about. So hopefully everybody has an awesome, awesome year. So just right before we're about to get into this really quick, really quickly, I don't market what we do. Okay, I trade pivots. Everybody knows I trade pivots. And although you can trade pivots for anything, you know, any asset class, futures, bitcoin, anything you want, I decide personally, I trade high beta, the Amazons of the world, the Tesla's so forth and so on. So although this is an online business, like everything else, I try to not, you know, I try to not sway into the new trader. Okay, like to always give guidance to the new trader, we do have new traders in our live webinar, but I always, you know, always lead with reality instead of fantasy. No, if you have a $2,000 account, can you trade with me? No, you can't. It's just reality. It's just reality. We trade Amazon. You can't trade one share of Amazon. But what I do always try to instill into the new trader is a lot of ways that you can make money that has nothing to do with what social media has really pounded down your throats. And you've heard that, you heard me saying this for, you know, for a very, very long time. There's a whole world out there. Okay, you don't need to trade pivots. Okay, if that doesn't fit your financial situation, that doesn't fit your lifestyle, your pain tolerance, your account size. Again, not everything is right for everybody. Okay, and I've always maintained that no process is perfect. I don't care if they were giving away money on the corner, somebody would screw it up, right? Somebody would literally screw it up by not taking it. So I think there's a whole world out there for everybody. And I think if you are a new trader, I think your job is to literally find out what fits your shoe size. Okay, you know, your size nines might not fit into my size 11s and vice versa. So it's very, very important before you submit your standing into trading, you have to figure out, you know, what's the best for your account size, life size, lifestyle, risk tolerance, risk levels, just overall daily, you know, daily areas of interest that you can feel comfortable every single day waking up and clicking your mouse is very, very important. That's why I think the whole alert service chat room thing for years and years and years have been flawed, right? They've been absolutely flawed. Because again, how can you expect to maintain the same trade and execute the same trade and control the same trade and maximize the same trade if your account size is completely different than the person who is, quote unquote, alerting you. And again, really, it's 2019. We still talk about alerts. Do you really need somebody to tell you on the buy stock? Seriously, it's all about technical analysis. So kind of wrap this up before we get into what we do every single weekend. What I do again, again, I don't encourage anybody to take on anything that I do. If you want to trade with me, you can. Okay, I trade pivots. I trade Tesla, Netflix, Amazon, squares, Googles, you know, all that good stuff, Nvidia. But the one thing I will tell you is that pivots do work. You know, pivots do work incredibly well. You know, you guys see this now for years and years and years. And the most important part is to understand the concepts. And again, you can trade them with any asset class, mid cap, large cap, even small caps, if they expand the range. So if you do have, for example, if you do have, for example, a stock that has some news and has a huge, huge spread, there's gonna be ranges in that spread. So you can take advantage of that. But what I try to do is, you know, push the new trade in the right direction. And it's your job to figure out if our process is right for you. Again, I would never market, grow a market to you guys. Because again, I don't believe somebody with a $1,000 account should be trading. If you're gonna be trading Amazon, it should be traded, it should be really, really learning. So what we did, you know, what we did to kind of point you guys in the right direction, what we did in the start of the year, because I know a lot of new traders have been emailing me throughout the year and they're like, well, listen, I have a $2,000 account. I just can't, you know, I can't afford $300, can't afford $1,000, can't afford $2,000. But I want to learn your process. So what we did in the beginning of the year, and this is incredibly for probably for two weeks, I haven't decided how long we want to do this. What we did was we raised our, we talked about last, last week, we raised our private Twitter feed with only the pivots, but we added an incredible amount of value to that fee. Okay, so $40 a month now, you're getting the live pivot feed every single day. So if you're trading, you know, all these paid data, this is a really, really great value. But you're also now getting the option flow report at night time, the daily watch, pivot watch for the next day. Okay, and we added an incredible bonus. And this is only for a limited time only. So if you're a new trader, it's only 40 bucks, I think anybody could afford this. If you want to learn pivots, this is what we added, guys. Okay, this is what we added, you know, the four hour workshop. Okay, so if you are interested in pivots, and want to at least get an introduction into pivots, this is included in the live feed. Okay. And again, you don't need to take advantage of the live feed to take advantage of this just by itself. This could open up a really new world for you and more important, you can look at the market from a different point of view. So the PS60 workshop is included now for a very limited time. So if you want to take advantage, it's only 40 bucks. And again, this could really, really create an incredible amount of value for your long term bias, your long term outlook, just to look at the market from a completely different view from where social media has brought to you. So guys, so hopefully you guys have enjoyed this and take advantage of this. So let's get into the tape, right? Crazy, crazy 2018. For all you guys have been following this from various platforms. Again, I'm not a bull. I'm not a bear. I'm an opportunist. I trade both sides of the market. I don't care if Amazon is at $3,000 a share, $1,200 a share or anywhere in between. My job is to identify channels within those ranges and take advantage of them both long and short via cash flow process trading from supply to supply and demand to demand. And we had an incredible amount of range for 2018 and 2019 start absolutely crazy. So if you look, these are the last two days of 2018, right? And again, if you've been following me on a day-to-day basis, you kind of know, and we had this kind of measured move potential to this 157 area on the cues. And the way the years started out was just really tested the limits of the bull. And again, if you've been watching me now for a while, you know my thoughts. This is a bear market rally until we reclaim all the suppliers. So there's nothing, there's no bullish market action here. This is a deadcat bear market rally until we start reclaiming levels. 50-day moving average, 100-day moving average and close above 177. So this is all what it is until it actually becomes quote unquote a bullish type of scenario. You can say I'm wrong, you can say, right, it doesn't make a difference. My process is completely going to be different in mindset than the majority of people telling you it's a bull market bear market. It doesn't matter what you call it, the price actually dictates what you're going to do. So if you look at how we close, you know, we were having a really nice little build and we had a measure potential move to this 157 area. And then this happened, right? The first day happened, first day of the year was on a Wednesday, right? We gap down 400 points and the bulls had a very, very easy out to kind of tap out and just, you know, just die into the night and really rolled over back to the loans of the day, but they didn't. And it was incredibly important that they didn't, at least for the bull center and at least for the bull measured potential. And the Dow rally, I mean, the Dow rally, huge turnaround, intraday and everything was great, right? Everything was great. And then the next day, right next day, you had Apple more. Okay. And the question now was, well, can the bulls do it again? And one, you know, one, it's like, it's like, and I said this in one of the, one of the videos that went out this week, I turned around and said, it's like, it's like Leonardo da Vinci creating a masterpiece. And the next day they said, hey, this is beautiful, right? This is amazing. The best thing I've ever seen. And by the way, do it again, right? Do it again the next day. And that's what the bulls were faced with. Apple, pre-announced, okay, pre-announced. And they took literally the tech sector with it. And we were down 300 and change, right? 300 and change at the open. And now the question was, well, can the bulls repeat what they did the previous day? Okay. Or, you know, trap the shorts, early shorts and go back to green. And it was different. Okay. It was completely different. There was a real catalyst behind it. There was negative stigma. You had the whole China thing, exposure to China and everything in between. And it was one of the ugliest, one of the ugliest days for tech. And it was actually a really good trading session. If you guys remember on Thursday, it was a phenomenal trading session. Once the ranges were going down and we were just, I was tweeting pivot after pivot after pivot. I mean, Amazon, the video, Netflix, Tesla, I mean, one by one, they were just getting absolutely destroyed. It was a premium day. I mean, Thursday's session was a premium day, but the best part of it was, and this is kind of where we talk about trading is the greatest reality show not on television. The greatest part about it is we took out and we closed below the five-day moving average. Okay. We closed below the five-day moving average. The Dow was there on like 600 and change. The NASA got absolutely murdered. This was a 25-star short overnight, 15 years ago, right? 15 years ago, this was a 25-star short overnight. The only thing I kept on saying in the live webinar was the only reason I didn't want to go short on Thursday night into Friday session was because we gapped down three days in a row, excuse me, two days in a row of over 300 points. So we don't want to kind of push the limits. So the fact that we closed below the five-day moving average was super, super bearish. Again, 10 years ago, this was a 10-star short overnight. Okay. But again, the market has evolved and we involved with the market. And the five-day, again, for all you guys who are joining us for the first time today, the five-day for me, a lot of people don't use the five-day, but the five-day moving average for me is short-term sentiment. Okay. It doesn't matter what's going to happen five years from now, five months from now, four weeks from now, it's short-term sentiment. And the fact that the bulls confirmed and closed below the five-day moving average, it was just a matter of how will we go lower? Will we go lower if we could we gap down and have an opening range low breakdown for more selling, right? Would the measure potential move to 144 or are we going to gap into supply, right? Gap into supply and five-day moving average where we lost the previous day. Oh, by the way, and then go green to red and then fail and measure move to 144. And the night before, if you see my tweets and I said that and I said, well, listen, if the market gods are listening, if you guys can gap up the market tomorrow would be absolutely great. Hey, you got to ask and you got to get. So Friday session, just to compare what Friday session was like. Imagine you are in Japan in the 1980s, okay, in the 1980s and the invincible Mike Tyson, okay, mighty Mike Tyson, Iron Mike Tyson, Mike Tyson, killer of all killers, right? Is fighting a guy by the name of James Buster Douglas, who basically just got off the got off the bus in the game of a pair of gloves. The chances of James Buster Douglas knocking out Mike Tyson, the even landing a punch on Mike Tyson was like catching lightning in the bottle. And the most amazing part about Friday session was James Buster Douglas knocked out Mike Tyson, part two. If you would have told me, okay, if you would have told me that we, and this is a finished product, but if you would have told me that in 24 hours, we were going to break and have technical damage on the five day moving average with a significant catalyst of apples, deficiencies, and at least the headline earnings, okay. And the next day, not only are we going to reclaim the five day moving average, but we were going to test the next supply zone, I would have thought you were completely out of your mind. And I said this in the live webinar, and I said, anybody who is buying this open, at least the open, okay, anybody who's buying at least the open into supply, you are going to lose 99.99999% of the time. And guess what, right? This is why, again, this is the greatest reality show that's not on television. So the day on Friday started out, okay, it started out exactly what we wanted to. Again, there weren't any pivots. How can you possibly have a pivot on the long side if stocks are trading right into supply, exactly what you wanted, exactly what you hoped for. So we started shorting stocks into supply, okay. We had initial shorts on square. But here's kind of where things got kind of not bad. And I think we traded Friday this morning, as well as you could possibly trade it, if you're through the live webinar, everything that hits supply faded. The problem was that the fades weren't big. And not only the fades weren't big, they were short, short lived. And the one thing, again, if you look at all these things we talked about and collected all the data they just talked about, technical damage, traded with the supply, right, traded the supply and lost the five day moving average, traded back the supply and now fading, we should have had at least one really significant backtest. I'm not saying maybe go to red, but we should have had one really significant backtest. So we traded what was in front of us. And again, not everything is a pivot, pivot, pivot. Again, if you watch the PS60 workshop, you notice you can trade selling stocks into supply and buying stocks into demand. It's part of the whole process, part of the whole game. So we started doing that. Shorted square, right, right to supply came in 30 cents or so, 40 cents, okay, no big deal. Came back, stopped out, breakeven on the balance. Okay, take some cash along the way. Nvidia, right, I know a lot of you guys caught this trade. Nvidia trader right to supply came in like a dollar in change, very, very quickly, came right back up, go slow it again. Google, the funny thing is I even tweeted Google real time, real time on Twitter and I say, guys, I'm shorting Google. I shorted Google, goes down five, six points. I cover some, you know, again, use breakeven on the balance, got stopped out even. So we kind of kept on seeing that over and over again. Again, these moves into supply, they get rejected, you took a little bit of cash flow, and then the stock market started going up. Here was the craziest part about the market. Okay, here was the craziest part about the action that I saw. After the initial move in the first, I would say 10, 12 minutes of the market, okay, this is before the first pivot, stocks were just kind of sitting there, right, kind of sitting there, and then they explode, which is nothing, which is absolutely nothing wrong. Usually what we do is if you get an explosion, right, you wait for that 10 o'clock candle to confirm for the next move up. The problem was again, for from just the common sense point of view, not from the logic, but from the common sense point of view is when you usually get a move, right, when you usually get a move, the move prior to a really, really big expanding move, it's going to be $2, $3, maybe $5 on Amazon. Amazon from this candle put up a candle that went from 1528 to 1560. Okay, raise your hand, who can buy the next candle on a 40 point expansion on a previous candle? I'm waiting, right, and that's exactly what we have, okay, and I'm sitting there, I go, how can I possibly, I don't want to use the word chase, but how can I possibly, okay, go in and on a second candle of Amazon after a 45 point expansion candle, right, it just didn't make sense. And when you look at it over and over and over and you kept on seeing exactly the same things, right, you had an expansion candle of Netflix from 78 to 85, I'm saying this up, this is an $8 candle, how can you possibly quote unquote, not chase, but right chase, how can you possibly justify putting your money to work on an $8 expansion candle opening range, right, it's not like it went from the depths of hell into, you know, into a medium level, it was already breaking out, right, had the golden update and say, right, the stock is up $9, $10 on the day, there has to be at least one fade, and it'll be a sneaky candle on the upside, right, to get it going, nope, not that either, you looked at Alibaba, you just kept on seeing the same thing, Alibaba puts in a candle from $133 to $137, say how can you buy Alibaba on a $4 expansion candle, right, it's not like it's a, it's a $300 stock, a $500 stock, how can you justify buying $130 stock on a $5 candle, right, on a $5 candle, oh by the way, going into supply, so we kept on seeing that over and over again, and it was just one of those things that a lot of times, you know, I've always said this, I've always maintained this, if you've been listening to me for years, I don't care if the market's up 1,000 points, 2,000 points, down 1,000 points, whatever the case may be, I trade because I have value, okay, I don't trade because the market is open, I don't have the fear of missing out, okay, after a while and you'll ask this, if you get a poll of anybody who traded, who traded at least a decade, they will tell you after a while, you just don't care, okay, it's not that meaningful to you, it's just not that important for you to participate in a day that you have no value, and if you still have FOMO after a decade in this business, I'm not even talking about two days, I'm literally approaching two decades, you know, this spring, and if you're trading for 10 years and you can't justify, okay, if you can't justify putting your money in the middle of the table, okay, then there's something wrong, and I made a conscious decision on Friday after, I traded like three, four things into supply, took some cash flow, blah, blah, blah, blah, and I said to myself, how can I possibly sit there, there's like three, four candles in, and there's no down tick in the market, there's absolutely no down tick in the market, these stocks are just going up and up and up and up without giving you even remotely of an entry, and this happened literally for like five and a half hours of the day, like literally five and a half hours of the day, and you know, we live with our choices, you know, I don't care what you do for a living, life is about choices, okay, it's not about today, it's about making conscious decision for tomorrow, and even though you know, I did what I had to do on Friday, but there was nothing that I put on, every trade I put on was a short sign, it was amazing, into supply, made a little bit of cash flow, and then that's it, okay, so when they started walking up the market up 800, 850 points, you just sat there, and a lot of people that I know, you know, been doing this for a very long time, just sat there and just like, well, what the hell do we do now, right, and what we started laughing was just mark the market, you know, mark the Dow up a thousand already and just close the day, I mean, the value tier is over, so the moral of the story was, if you chase this gap up, into supply, you'd have lost 99.9% of the time, for the 0.0001% for the people who chased everything up on Friday, god bless, you made your money, but again, just keep this in mind, especially if you're a new trader, there's a difference between being right and being profitable, and again, anybody can be profitable, it's a two-sided point, you're either profitable or not, right, but just have the conscious effort, the technical analysis usually does work, and I would say Friday's session was probably one of the oddest, okay, one of the oddest things I've seen from price action in an incredibly long time, so, and I said this on Monday, oh, excuse me, on Wednesday, the first day of the year, if this is an indication of what 2019 is going to be, I mean, you better wear a cup, a mouth guard, a full-blown body armor, right, full-blown body armor, especially if you're a new trader, and the one thing that I said, and I always say this, I think the first week of the market, okay, in a new year is probably the most emotionally deflating time of the year, especially for a new trader, and for those of you guys who are joining us, you know, for the very first time, and I'm sure a lot of you guys have done this, I've done this, you know, New Year's Eve, your Witcher buddies, blah, blah, blah, and you sit in there and you're like, well, I traded for a year, this is the year, we're going to kill it, we're going to kill it, we're going to kill it, and then first day comes long, second day comes long, you're doing exactly the same thing, and you're mentally already destroyed for the whole year, and the one thing I've always said this, guys, I don't care if you're in a bull market, bear market, distribution market, whatever market, supermarket, right, whatever market you're in, okay, you better know what you're doing, you better have a very valid process, you better justify putting your money in the center of the table, and the most important thing is you better have an idea of how to protect your capital, again, lead with your chin, lead with your shield, not with your chin, so it's very, very important, so if you look at the macro view, okay, if you look at the macro view, and I really think what happened on Friday, I made a short video about it, what I really think happened on Friday was you had people short overnight, which was the right thing to do, okay, I don't think anybody out there possibly could have said, you know what, I want to get a long time, if you did, again, I want to know the doctor who recommended the pills that you were on, but again, that's a whole different story, so I think what happened was a lot of people were short overnight, okay, number one, when they gapped up into supply, I think a lot of people added to their shorts, okay, then you had early shorts, fresh shorts, and they did not obey their covers, they did not obey their max pain, and I think what they kept on doing was just literally just shorting more, more, more, more, because everybody was expecting a back test that first day, right, that first day, at least give me a first candle, give me a down tick in the market, just to even reenter it into the long side, which never happened, and that was the most incredible part of Friday's session, I don't remember, I really don't remember a day like this in a very, very long time, but if you look at the scroll board for the week, I don't think it did adjust this, NASDAQ rose a little bit over 2%, the Dow only one and a half percent, if you think about how crazy it was with a 750 point move on Friday, but if this is what we're looking for for 2019, especially if you're new traders, you better know what the hell you're doing, or else you're going to be a statistic like everything else, so let's look at the macro levels, again, until we get above here, this is all a band market rally, again, it doesn't matter to me, I don't care what you want to call it, I buy stocks in the bear market, my short stocks in the bear market, it's part of the game, it's where the value is, so here's going to be our line in the sand for, you know, here's our line in the sand for this week, right, 157, 157 is the high from Friday and it stopped perfectly into supply, again, stocks do trade, whether it's on a 60 minute channel or a daily channel into supply, and it's going to stop 99% of the time, that's why the market got rejected, it didn't stop randomly, it got rejected because it hit supply, so if the bulls want to take this market higher, and if you look at the 60 minute channels, it surely does appear so, we are going to need to reclaim and build this 157 level, I think for the bulls, they really need an inside day going into tomorrow, they really do, they need an inside day, they need a day of rest, they need a day to prove that the sellers are comfortable with Friday's rally, it's very, very important, we can't have a day that the market gaps up 100 points and then goes down 500, again, you don't want more disruption, you don't want more volatility, volatility is a byproduct of uncertainty, you don't have volatility in a bull market, think about that, think about that logically, so what you want if you're a bull and you're hoping this was the bottom, again, nobody knows if it is, maybe it is, maybe it's not, but what you need to happen is a structured inside day, what you need to happen is stocks, more stocks to catch up with the indexes and you need at some point, maybe Tuesday, maybe Wednesday, if you have sideways action forming a nice little flag, you need to reclaim the 57 and then you have a big run, then you have a really, really big run potential on the NASDAQ 100 all the way to this 162, 163 level, and the only reason why, again, there's nothing, this is all airspace, and if you guys, again, watched the PSXD workshop, you'll see, again, stocks traded from supply to supply to supply to supply to supply, again, there's nothing random, it's just how they get there, so going into tomorrow's session, I'm honestly bullish until I reason not to, again, you have to give the bulls the benefit of the doubt, let me give you guys a couple of ideas that I do like. I know this sounds nuts, but let's start out with Facebook. Facebook, coming off the bottom, you had the whole Citron wink, you had the whole Citron back up the sleigh, right? Beautiful chart, it's actually a really nice looking chart, it has measured potential to about 140 and a half, 141 and change, that is the 50-day supply, again, especially if we get a red open, keep an eye on this thing, red to green and build above 138 for potential all the way up to this 140 and a half, 141 level, let me see what else I like here for, let me give you guys a couple ideas, I like that as well, Roku looks good, Roku looks good as well, kind of same chart, first close over supply, if it can reclaim 134.11 or opening range high, again, you can see the measure of potential in case the market continues to go higher, keep an eye on that. Square, Square looks good as well, I mean Square looks good as well, same chart, same chart as Nasdaq 100, same chart as Square, same chart as Facebook, again, got rejected into supply, didn't randomly stop trading, it got rejected into supply, all it needs to do is reclaim the 5970, 5980 level and then you can see a measure moved to about $63, so again, I'm watching Google and Facebook, obviously, Netflix as well, Amazon as well, but again, I don't get excited, I don't care if the market goes up or down, I don't get excited, it's all about collecting data, instead of putting the cart in front of the horse, we're looking for confirmation in both ways or another, so guys, I want to wish everybody an unbelievable happy 2019, may God bless you and your family for all you guys who want to look into the wonderful world of pivots, here's your chance, I mean really, we added some phenomenal, phenomenal value for an incredibly small amount of money, especially for your new traders who want to kind of have an entry point into what potential is and the pivots, well, here's your chance, all you need for a limited time, guys, God bless everybody, have an awesome, awesome day and with God's help, I'll see you all in the field tomorrow, take care.