Red Hot Torrid Melt up.
Daily Plan 11.7.24
Folks-
This was without a doubt the biggest day in history of this Substack for Orderflow stocks shared in last 2-3 months. What are we talking about?
APP is up 30% or 50 dollars, trading near 230 right now, having risen from 112 dollars I shared this a couple months ago.
CVNA is trading 260 dollars right now, having shared this at 150 a few weeks earlier.
Bitcoin is pushing past 76000 dollars, having shared at 50K a few months ago.
PLTR- another 10% day today, trading 56 now.
TSLA is up 16% on the session, is now trading 290, just shared this around 240 a 4 days ago.
There are dozens upon dozens of other ideas like in Crypto, shared in last few weeks alone, up double digits on the session today. Frankly, it is crazy to think that it’s even possible. Frankly I am stunned. Just stunned at these numbers. I never expected this could happen in one session.
This is why I am gonna sound like a broken record, you need to be active at all times. You can never hang your hat and be complacent. You cannot turn on and off randomly. Random efforts produce random results. Look, I don’t know for how much longer I really wanna do this, may be a year, another 2, may be less. I just don’t know as I move on to other pursuits in life. It is still not late, Donald Trump’s Presidency is gonna be volatile and is just starting. I think good traders and investors can make a fortune in next 4 years. Learn orderflow. You do not need a whole lot of complicated analysis- Orderflow is a great start. But I will warn you- if you expect short term get rich quick, it is not gonna happen. Discipline. Persistence. Consistency. Long term view. Also, please share orderflow and publication with your folks and friends. Give them the gift of orderflow education and change lives by weaning them from harmful furus and free them from an endless technical analysis jail.
On the emini side, what a beautiful level we shared this morning. Absolutely stunning. All subscribers have access to the chatroom. Feel free to drop by anytime.
Look, the world we live in is constantly changing, the markets are constantly changing. If you are person who enjoys change and can adapt easily, you will do just fine in markets, if you are not, it is gonna feel like a chore and it will not be what you expect it to be. You have to fundamentally understand the market structure, how it is built, how are these algorithms coded. There is a depth of logic to these algorithms, which is really a straightforward if-then-else equation. Yes, they use some sort of inter market and orderflow analysis to come up with levels, but it is not heads and shoulders- I can assure you of that.
Levels for tomorrow
For some resistance to come in here, I like to see some of the levels shared earlier today, like 5915 taken out to the downside. We are now at 5956.
Scenario 1: As long as we remain bid up here above 5944-5952, I think we are headed higher into the 6000 area now.
Scenario 2: If we are able to close intraday below 5944, we could target the orderflow levels from today at 5915.
~ toc
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