 Good morning everyone and welcome. Welcome to the play review for Target TGT. This is Target Corporation had a bullish gap up today. And the reason I want to do this video today is I called this, I called the two late trades in this today actually. This is exploding right now is that this really defines everything that I know about gaps and what is happening here at Target today. So I think this is a really, really good learning example for a lot of people who are new to gaps or don't understand gaps. And so I want to go over it. I did not watch this out of the gate at all. I like to do my shorts in the morning. That's just what I like to do. But you can do golden gaps for a bullish as well. And I can read them extremely good just as well as the shorts. So anyways, Target was doing this today this morning. And I said, Oh, this is a good long and I call this in here. And it actually held perfectly where I said to put the stop. Look at that. So I call this in here. It was a little bit big of a stop but not really considering the actual price of this stock. It's over $70 repeat sakes. So the stop was at 4070 40 and that held and that's tight to put this on along. But with Target, I felt that really it needed to hold that level. So I called it in here, called it again right in here. I said, This is going to go. And then it retested in here and held and look at how it took off. I mean, you actually had several chances to do ads in this as well today. Beautiful move to Target. I said 72 and then I did say dream Target. This is 75. I said dream Target. This is 75. This could get to 75 today. It's only 1130. It is 1130 in the morning. And this could actually this is $2 away from the dream target. 7308. I'm not saying it gets there this morning, right the second, but the minutes are out today at two o'clock and it's a good idea to be flat editing. But I did say if you're going to be in something long today, if you're going to hold something long into the lunchtime period today, if you're going to, if I said, if you're going to be in a trade today into the lunchtime period, the trade to be in is long. And so I think the people that were in this decided to hold this then because I did say that that was good advice because it took off then after 11 o'clock is when it really exploded and here's all the profit. So once again, risk reward is there despite the fact that had a big stop. Why look at the move it made. This is power money. This is power money buying the stock. It's so, so clear. So the funny thing is somebody asked me about this the other night on Monday night after the webinar, they asked me what I thought about target. I says it's a great chart. It's a long, it's a long and here's the next target $70 a stock gap up to $70 today in the gap. And then I said 75 but you know, you just don't know if it's going to necessarily get to that dream target dimming. That's a dream target. It's a dream target. This is a beautiful chart. And that's all I have to say basically. So let's go back and look at this. One of the reasons I think this is a really good example of the power of gaps to use to trade and why I have 100% conviction that there is no other correct strategy to consistently make profit in the market as a day trader other than the gaps is because gaps are something that have momentum and they move. And you can make good profits with good risk to reward in stocks that are quality gaps. The problem isn't many people don't know how to trade gaps like for example target today. I'm sure people looked at this to fade today to come in today or short today because the stock closed last night at 6751 and open today at 6995 and open actually right at the next target that I told that lady on Monday night or it was a guy I don't remember who it was somebody asked me and somebody asked me and I that's amazing to me someone asked me on Monday night about this as the next target $70 it opened to that target today in the gap. I'm just so good at reading these numbers. You know the thing I was realizing today. I was really this today after the short. I have my entries perfect my gap rating system perfect to pick the gaps. I know the targets perfectly. The thing is just to know when they're going to get to that target. Because it's like sometimes things get to the dream target on the actual day. Okay. Sometimes they go to it on the second day and then sometimes they take longer so and this is because trading really should be looked at as an overall bigger picture thing. I think this is where you could combine the worlds of day trading and swing trading to be a very profitable trader because you would day trade the stock. You would have that target which I know what the targets are. Then if it doesn't get to that dream target or whatever on that day of the intraday you hold a portion of that into the larger move to get it to the dream target because I know that they're going to get there then even when I see them like the market like this like many of my shorts. But anyways that's how I think really to put everything together to be very very successful. I think it's a lot of people swing trade and they really have no idea how to take an entry position in a stock for a swing trade. They tend to be take it take it at the wrong entry then be down before they're up or up right a ways and then they're down and give it back and it's over and they take it too late. If you understand how to day trade gaps you'll do better swing trading. This is the thing this is what people have to understand. That's why learning gaps and learning my 26 point rating system makes a sense for any type of trading you do day trading swing trading or core trading and target is a great example of this beautiful day trades in here to the upside and beautiful move in here for the follow through continuation if you help us for a swing trade and just a nice chart as I pointed out Monday night but I'm sure a lot of people were day trading didn't know what to do with this today because the market was running red this morning and today target gapped up overnight $3 plus people want to fake gaps or play gaps for gap bells. This is not what this was this was a beautiful beautiful beautiful bullish gap to go long in. Look how many gaps the stock has had here actually in the last month and this is this is what I'm talking about a power the gap this this here today this is I love this stuff. I love this stuff. So my golden gap rating system I like I prefer to short because I think a lot of people don't short and I think it gives me an edge to short the market and I'm really good at shorting. However you can use the rating system to go long as well. So that's how I'm able to see something like target and know that it's going to make a move like this before it even explodes and does what it did show beautiful beautiful long and golden gap and target today and there were people in the room that got this even with the size of the stop it was a good risk to reward trade that often happens and again the price point is over $70 you have to expect a large stop and something like this and actually 60 cents wasn't half bad for this this could have been more. So this will make a new hide before the end of the year. Market is going to continue a rally before the end of the year and that will help lift target up to the 75 and the next number $80 is even possible and target now before the end of this calendar year 2014 with this gap today. So really really nice look to the target chart and a beautiful example of number one bullish gaps which I rarely talk about. And the power of the gap itself if you have a high quality gap you cannot just play gaps willy-nilly they're so powerful that if you don't try them in the right direction you can lose big time but if you try them in the right direction you can make money big time look this is carrying through. Look at how nice this is. So important to learn how to trade. I think as I've talked to more and more and more people people actually that don't know how to trade think that they know how to trade and they don't. I'm realizing that talking a lot of people but what can you do. I guess one of the reasons people don't do that well they insist that they know how to do something they continue to do what they what they are doing it continues to be not successful or maybe they break even you know but they're not making what I call real money and it's because people think they know what they're doing and they just don't want to learn anything else and those people are destined to lose. You can really see that playing out now in the market. So the TGT is a beautiful bullish gap and if you're interested in learning how to trade gaps and rate gaps you can email me at Melissa at the stockswush.com the Golden Gap class is this week in November 22nd and 23rd and I'm only doing one more class this year. I'm running a special to the end of this week it's been very popular so I continued it if anyone is interested in signing up for the special with the special you get the room free for the rest of the year and a bunch of other good things to the swing trade letter the trends class the wealth manifestation class and the total price for everything is $34.99. It saves you almost $1,600 so it's a really good deal and you take you get the trends class which teaches you how to reach read longer-term trends which is very important if you do overnights as well and it's important if you date trade. So nice bullish move here in the TGT. Good job everybody that did this today. I rarely call alongs in the room but I did call this today and the people that are in the room with me know that when I call along if I call along I called the market long yesterday I called this long today if I happen to call along that it is good good good good good good good good because I just will only call something that is absolutely absolutely perfect that's long because I just you know usually don't do them I usually do the shorts. Anyways they work just the same have a great day everyone email me and Melissa at thestockswitch.com if you want to sign up for the class this weekend deadline is Friday if you want to sign up today is Wednesday have a great day everyone see you