Rai, In regards to the launch Pad setup, in an earlier video you stated to use the 10 , 21 and 50 moving averages, in this video you mentioned using 21 SMA, 50SMA and the 65 EMA. Can you comment on the difference? Thank you.
I really thank you for the videos that you're putting out. I wanna ask Rai if you can please up the volume a little bit so we can hear you a little bit clearer because the volume is a bit on the low side
I think the reason that price often jumps from compressed tight areas is because those areas give the least risk entry point (lowest loss to find out if you are wrong) so a lot of big money like Institutions as well as retailers make a bet from that area, resulting in high volume breakouts This could also be the reason that failed breakouts makes stock breakdown rapidly because everyone who made a bet is exiting
I really love the launchpad. It was like wave 2 in Elliott wave, Saucer/3C pattern and also Tightening before breakout. Really easy to use and understand by an amateur like me lol. For the Gapper, it's like runaway gap. This setup is too scary for me IMO.
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The first setup filters for Bollinger bands squeezes, which are awesome setups, but not all squeezes are the same. More criteria needs to be added in order to find the optimal Bollinger squeeze. I would add, sma21 needs to be above sma50, ema65 below sma50, and that the weekly chart is in an uptrend. Trigger scan be: price be price breaking out above a previous high. That’ll narrow down finds to better odds. But those moving averages do help a lot with the scanning.
It's not the same as a bollinger band squeeze but similar idea. Adding additional requirements to a scan to better fit your expertise/style is the way to go! 👍🏼
Great, seemed similar stuff in your previous videos. Nothing like a bit of history and learning about what we did right but how about some similar setups we can enter today
On Tuesdays and Thursdays we post smaller clips from our Ultimate Trading Guide series. You can watch the full videos here! ru-vid.com/group/PLU7_3ltndm4kkr5SvRk8OgSVXIB8Q1moT
Awesome great, people who are writing in comment section are advised to take a deep dive into the history of above setups discussed in the video. Try to find out the nuances of the setups, study bar by bar and it will open a great dearth of knowledge and may be future wealth if implemented... ❤❤❤
