Proptrader101

[TimAlerts] OHGI was the only stock on my watch list and did exactly what I was expecting a trap move down and a close back up so I'm long

Proptrader101

I think I tried to learn level 2 or something similar using Jigsaw, but didn't like it. I prefer using Market Delta so I know where the passive and aggressive players are@R3negade

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Proptrader101

I don't know how to read Level 2. I was looking at volume profile levels on the daily charts to find the highest volume level close by@R3negade

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Proptrader101

[TimAlerts] PPCH squeezed the shorts because the shorts where countertrend and weak handed. They had sell limits at .12, but no market sellers came to push lower

Proptrader101

[TimAlerts] PPCH has sell limits @.12, but sellers are countertrend and could get squeezed if price doesn't drop soon

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R3negadeTrader
R3negadeTrader Jun 16, 15 1:09 PM

Byron, when you say you "quickly looked where a majority of the sellers were"...are you talking about the level 2? never really thought about looking THAT far down the level 2...really impressive if that's what you did

mfoster
1
mfoster Jun 16, 15 6:24 PM

Nice way of thinking Learn something new

raphavongal
raphavongal Jun 16, 15 6:35 PM

Awesome !! I traded today from .23 to .34 nice daytrade today

MiddleTrader
1
MiddleTrader Jun 16, 15 7:18 PM

Great way of thinking. Chart is the key for trading stocks.

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