 Hey traders, this is T Bradley 90 from the My Investing Club chat I'm one of the top mentors and moderators in chat and we have a very special video for you guys today Joe Kelly who does his trading basic series every single Sunday releases a new video today We have a very special video of episode 36 where he talks about a POP ticker symbol as a live trade which is the first resistance and deathline and while today is just a preview of the Full-length video if you want to watch the full length or any of our exclusive content then become a member of MIC What's going on everybody? It is Saturday August gosh, I've lost track of time 17 2019. I'm in Philadelphia right now at the MIC one-year Anniversary meetup. I'm doing this video on a recap on a trade on APOP that I promised everyone There are two trades well three trades in this setup that I want to go over here So the first is a first resistance short on APOP now I'm going to show you this trade and this trade ends up not working out But I want to show you why it didn't work out so you can see on my bottom right on my charts I've got down here the 70 and the 80 lines so you see the 70 line is pretty key You can see all this resistance over here, but over here. It just blows right it just blew right through it I actually missed this and the reason why I didn't take the 70 line is because it just came from the 60 line So this is when we talk about using outer lines. Okay So you can see I get filled right here the stop that I did not do correctly. I thought I would use a stop barely above the line which is a Breaking rule. It's breaking one of my rules So you can see I stop out right there nearly dead top and take a small little tiny loss I literally take like a like a five cent loss there But what I was looking for is for it to pull back to around this 70 line support So I was hoping that I could squeeze Five ten cents out of this pullback and out of the first resistance and find my way into a profitable trade here and I use slippage above the line So so my stop shouldn't have been 81. I know it shouldn't have been 81 because I have a rule against that I don't use it a penny above the line never do I always give it some wiggle room, but in this particular case I failed to do that So you can see now that I've identified another line at 90 and another line at 1 So at the 90 line when it started hitting I wanted to see what was going on and you can see that trade happened up here Oh, so I went away with it, but let me look at our on the top right up here. So the 90 line Is right here. I shorted into that covered 80 70 and now it's a death line setup You can see a clear death line right here at this 70 line You see the breakdown below here the breakdown below here. It's a death line. I shorted into that line right there I've got several more orders out here. I'm trying to get filled into strength, but it it It just keeps falling slightly short of my entries And you know, it's frustrating when this happens that you you want to like Enter, but you have to be patient. You have to wait for the orders Don't chase it right here as I get the pullback. There it is. I've got my orders waiting ready to go This is the power of the death line into the close when you get that breakdown into the close This is generally what happens right here. So Hey traders, this is Tosh. I go by T Bradley 90 in the my investing club chat Just wanted to reach out and say if you have any questions about M. I see joining M. I see Maybe you're a member already You have three ways to contact myself personally and through M. I see you can hit our social media You can hit me through pms and chat or you can contact us through my email at Tosh at my investing club calm That's Tosh at my investing club calm I will get back to you in a timely manner and I'm saying this because I'm here to help and I don't want anybody to be Afraid to reach out and ask any question that they have we are here for you guys. All right. See you guys