shortsqueeze

Hey everyone! Today was the slowest day we’ve had in a long time. It was the first day I didn’t trade during the opening range in months! There just wasn’t anything that looked good. So I did what I always tell traders to do, sit tight! Don’t force trades, wait for them to come to you. At 10am I saw $ECR pop up on the HOD Momo Scanner. I looked at the chart, saw the spike, realized the daily chart was clean, and decided I would buy the first pullback if it was still holding up in a few minutes.

I entered ECR at 1.75 and 1.80 for the first 1min candle to make a new high. We immediately got a pop up into the 1.90s. I sold half into that pop, then added back over 1.95 for the 2.00 breakout. This resulted in a total profit of over $1365 in less than 4min.

The HOD Momentum Scanner I found this trade on is FREE for Annual Chat Room Members!

 

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