What I'm Watching Tomorrow · Trash Panda Trades

4d ago (edited) in 💬 General

What I'm Watching Tomorrow

XPEV (XPENG car company) is dropping their earnings and guidance in the premarket tomorrow so it's on my radar as trade idea #2 for the week.

If you want to know how to trade it on your own, make sure you've watched the earnings reaction trading video I've posted. That's the best way to make sure you don't miss it and know exactly how I'll be trading it.

The key is to wait for market volume to come in for the first 15 minutes and allow the important levels for the day to be set during that time.

I'll post the entry/exit/stop levels and grade around that time. Notifications on over on X if you want immediate notice. If it takes off immediately after the first 15 minute candle, and before I can get an X post sent out you might want to wait for a pullback to the ideal entry level or lower before attempting to jump in so that you aren't chasing. If it goes to the first profit target before retracing, I'd probably just avoid the trade altogether. Again, this is why it's best if you know how to trade the setup yourself according to the SOP laid out in the course so you don't have to wait on a notification or post.

Whatever you do tomorrow, trade smart.

✌️- Derek

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