How do you find these stocks that are near their breakout levels? I like how you trade the strategy but don't know how to scan for these stocks that move out of consolidation points. Any tips? Thanks!

Follow me on twitter @turbobob129 and ask me there.

Beautiful call of CARB Bob, I should not have missed it. I'm going to sign up for your chatroom hopefully next week, have appreciated your videos and watch lists for several months in the Tim Challenge, time to get in there with you and your group now too. Thanks for all you do.

Thanks. See my twitter post on ROKU this morning as well @turbobob129

dude such a good video! Really needed this. Thanks!

Great video lesson, thank you!

thanks

Thanks Huddie, really helpful

I appreciate your comments and support.

Thanks. I really appreciate your comment and support.

Nice Work Bob and congrats on passing 400k

Thanks. Also follow me on twitter as I also post things there as well @turbobob129

http://bit.ly/2oZVJz7

for me I mean

@Turbobob As a very beginner, I learned the basics: rumors are scary for playing long and very good for shorts. And you very nicely played long here. What's behind your decision process in this case? Thank you, your videos are priceless!

Price action and a hot sector are the two main ideas here. By the way, follow my on Twitter if you like @turbobob129 as I post stuff there as well.

Thank! Started following you there as well.

Great video Bob, thank you. I was in at 3.09 but got distracted at work and missed the initial spike to 3.88, then got scared out for a small gain long before it went supernova. Couldn't get back in because I was out of day trades--very frustrating. Question: are you still using SureTrader and if so have you had any execution or availablity issues? Thanks again!

another good vid Bob, just letting you know that there is a lot of echoing going on in your audio. sounds like you are trapped in a box

Happens sometimes. But thanks for the heads up

http://bit.ly/2oZVJz7

I generally only use the 1 minute chart on very volatile trades. Otherwise I find the 1 minute gives me too many false signals. But using the 5 minute and watching L2 is, in effect, the same as using the 1 minute chart. I see all the same moves a 1 minute chart provides. But it is not as visibly represented. I never use VWAP. To me stocks slice through it (up or down) like a hot knife through butter. EMAs just give me a guide for direction and help visualize when a stock is rolling over or

curling up

thanks Bob. nice trade.

Thanks Bob!

nice trade Bob. I always appreciate your videos and daily watch lists, thanks.

Good point you make. But I used the G/R as the indicator instead as the EMAs may have been late. Turns out they were right.

Thanks Bob. Appreciate the insight.

Great Lesson. Thanks

@Turbobob whats the logic on bying 2nd green candle instead of on 1st greeen candle? just your preference?

On the first pull back (or no more than the second pull back) you are looking for the stock to reverse. If find there is no confirmation on 1 green candle. YOu need a second one to show there is, at least, some shift in direction. But it does not always work and you need to be ready to exit from the trade if it fails. But, if it is the second candle and it does work, then the wait is worth it as the stock will move strongly to the up side.

@Turbobob gotcha...your Highness!! thanks for sharing!

Anytime April. Happy to answer any questions.

Thanks for your videos and watch lists I have learned a lot following you, still have a small account though!!

Hi Bob, when you trade in the day, do you usually use 2Days/5mins while trading real time?

Yes, unless it is super volatile like UVXY, then I will use the 1 minute chart. Otherwise I am looking at the 5 minute chart.

Thanks man!