Will NVIDIA’s Earnings Report Cause a Stock Market Crash?

oh my goodness why is this thing not work stop stream you should be there come on why isn't this thing working is it working or what you guys see this what the hell's going on with this why is it not working oh my gosh are you ducking kidding me is it working or what yes we're live we're live we're live good good good oh my gosh I don't even want to say anything I was trying to get along here I was cutting some ducking meat and I didn't get filled are you kidding me oh my gosh hopefully we squeeze through 05 and then I get long 05 God damn it man all right I'm trying to get long on this Chu train I just hope I'm not chasing on this I'm trying to buy at all5 now oh [ __ ] I marketed in uhoh uh oh that is not good that is not at all what I intended to do please be advised that I did not intend to mark it in there what the hell I fat fingered it are you kidding wh why is it got to be like this why are you treating me like this yesterday I I don't know it's just it's not my day I guess are you kidding USB I fat fingered my entry unbelievable I was trying to get fill that open [Music] five come on man how the hell did I fat finger it now I gotta write it I gotta write it now what can I do I hope it just continues to go come on ass just go go yes just go just go just go baby just go just go please I fat fingered my entry a little bit just go just go I should have been long from 93 man I'm going I want to cry today I'm going to cry today I swear I'm going to cry because I was trying to get long at 93 I [ __ ] missed I was cutting some meat fudge that's going to be an expensive meat today expensive cut of meat today but it doesn't [Music] matter oh my God how how how the [ __ ] how I don't know I got to go get something hold on I'll be back this thing could chop around still it's not a victory yet all right look I'll be honest with you I should have been long 93 okay F I was just setting up everything I was in a rush I'm like I thought it was working I don't know what the hell was going on here we reclaim 05 this is definitely bottomy as long as 05 holds the problem is like I said I fat fingered my entry and duck now I just got to hold baby I got to hold this thing like I said I'm on uh hold on a second you can see the exf there I'm copy training the combine as well this this cho cho train want up least f look at that 93 you see this 93 we talked about it you can look at my live stream from the morning I said this is the key level here that 85 all right so 85 where's that 85 I think I said 85 or 90 I don't remember which one I said but whatever this is that level right here you see this look at this what happened here fud me man look at this the Trap the squeeze the back test for you know a little bit longer than I would have liked a little bit lower as well than 85 The Squeeze if we continue to ride above 05 this thing is going to go back up and I'm not going to [ __ ] take profit at 30 I'm not even going to take profit at 42 I'm going to let this baby be you know where I'm going to take profit at 54 if not plus I'll be adding along the way if this baby can hold that 05 we just need some more volatility in here we need more volume yes come on I should have been long from the 93 God damn it that piece of steak is going to taste like gold today cuz it already cost me a couple thousand bucks probably come on at the end of the day what I will say is I don't give a [ __ ] about the numbers I because I really don't come on yes don't do me like this man I fat fingered it in a little B I'm just worried if we do go t05 then uh I'm going to have to go through some draw down which is all right but I mean I just I want it to be long you know earlier come on man come on and I'm worried about some chop too and just go I I don't I think I just want to stay long I don't want to take it out I don't even know if I want want to continue with the stream I'm just going to probably let this thing come on down and I'm going to add as it if it comes lower I don't want to get out I'm writing this thing long where am I long at 08 oh my my God how did I get my entry so bad there this is terrible but whatever 05 is the level that needs to hold right now [ __ ] man what a squeeze back up talk about a squeeze God damn it that's a trap to the downside right there man that's a trap come on let's go let's get back to that 30 level we want to test 30 we want to back test 30 right now why remember what I talked about uh this morning saying uh how what was it again um what did I say about how hold on I'm thinking here I'm thinking here see that's where I was going to get filled at 05 right there but now I got to hold through this garbage because I just have to I don't want to get out it's my luck some days it's just my luck that's all right unbelievable come on man if I was trying to get filled at 05 I guarantee it wouldn't have pulled back to 05 we would have just continued to rip but because I'm long it it had to back test o05 come on don't do me like this just rip on higher to that 30 level that's where I want to see that pullback come in if we are going to have any sort of pullback out five oh my God are you kidding come on like said it was on me I fat fingered it what could I do it's cuz I was in a rush I was all over the place and uh yeah I got a l a late entry why unbelievable unbelievable oh my God are you kidding me are you kidding I'm telling you if I had waited for that 05 fill it wouldn't have filled me but because I am long it's like all right let's just do it let me take something out of here hold on relax I'm gonna come I'm going to come back on relax fge me unbelievable unbelievable that piece of steak is pissing me off just thinking about it give me a second here when was done unbelievable I don't believe it unreal I I didn't have that copy trador set up with this combine unbelievable the dip it had to happen didn't it I got to look for how long on the combine as well that squeezed right back above there unbelievable I'm G to just take this thing long here I just clicked it long and it didn't fill me why is that I should have been filled at 93 ah man I'm going to add into this push on this combine too that 30 level talk about some selling though look at all that selling that happened unbelievable unbelievable how the hell do I miss this I've been s I've been watching the charts all day I'm like all right we're going to you know get down to that 90 level we just trap under there and then I didn't get filled unreal ducking meat I had a feeling too I'm like I'm going to start cutting this meat and it's GNA rip that's exactly what happened unbelievable just go up this thing wants to go to that 30 level now we're g we're basically back in the same routine now oh my gosh it's going downam now oops 93 all the way to the 12 unbelievable oh my God it's so close to that stop there unbelievable I don't know this party here this is what's pissing me off here now now are you kidding then we don't hold all five now yeah you snooze you lose look at this shape holy [ __ ] we had to dip that hard didn't we we just had to unbelievable I'm bummed out about this to be honest this right here this ducking reclaim right there that's the long spot now this thing going to go to that 30 but when what time that's why it's very important to get along at exactly the levels and not Chase afterwards but that 05 is that one I'm interested on now the reason why I decided to take that stop there is because well what happens if we dip all the way down to 90 right I don't want to hold all the way until then and we're right back above five this chure train is going up today [ __ ] me man I'm frustrated a bit I'm annoyed to be honest I click Market buy out8 like come on man what kind of [ __ ] I don't know duck in the ass too come on look at that wow every time I'm just trying to think where to long I mean because this thing can dip and whatever obviously Above This 90 level we're going up we already did the trap to the downside the stage is set to have this squeeze but buy the crystal ball let's see this thing's going up though I I'm just trying to think about what I'm going to do right now uh will we pump it's not Market open will we pump uh before end of day at before end of day very doubtful oh here we go I think I might as well end the stream now well we have the question wasn't quite right look at that it's back up to the five level will the Trap hold and get us higher let's see not really uhuh I don't know what the what that Crystal Ball's Feeling by it's definitely not feeling bullish like me why is that crystal ball I don't like when you're not like that all let me pull up another account here I want to do something here CU here shows my balances and stuff trying to think so we got the dip and we're getting back above it it's this thing one's up and I cannot just um be taking little losses like that because of this stupid dips I got to just grab my you know and hold it um I don't know [ __ ] man I've been I think it's cuz I was watching it too much during the day if I hadn't watched it at all during the day today if I just got here at like I don't know let's say 2:00 that would have been the better plan I would have been watching price right here oh man that sale kind of influenced me a little bit this was a long all day all day and how did I fat finger this Market buy out of weight oh man what the hell am I wearing today something unlucky about it all right we'll see if we can get filled at 05 I want to take a long of 05 you know what I'm not liking it I want to take it but I'm just not liking the price the way it's moving right now the time it is and the way I'm feeling too about missing out on this 93 I'm pissed off I got to tell you it's this thing here it's what I was doing that's annoying me right now that ducking meat I had a feeling too I'm like this thing's going to squeeze and I'm like okay I'll cut the meat and then I'll go back and always something stupid I did on the first pullback didn't work uh which pullback the 05 right now or the 30 or I me there was a couple of them right so I don't know right now that 05 would have been working but like I said I'm just trying to get my emotions under control whether it wins or not it I feel the same right now 105 not buen or 605 the first pullback to 605 oh the one that I just took right now this one here yeah decided to pull back deeper I I fat fingered it at first I wanted to get long 05 I was long 08 uh I would say that I'm not really a good scalper the reason for that is because I already tried it uh and it didn't really create any losses any good amount of uh winds for me and my win rate was pretty low overall like it was like I don't know 40% maybe um and I would always feel like I was guessing it's not not necessarily the the money whatever right like I could have probably gotone better at scalping but what I find for me is that I always felt like I was guessing so meaning right now obviously I understand 05 is being turned into support I want I get long 05 I'm just I'm I'm choosing not to take it because I'm frustrated that I should have been long from down here to begin with but what is what is there for me to scalp to the downside here there's really nothing I know that we broke down here right kind of sucks we broke down here but because we're we're dinging and donging at this 05 now the reality of it is that this is the long entry for me right here this is it it's right here right when we reclaim the area that we broke down from and look at it it just squeezed all the way back all the way up to all all the way where did it go to the 16 we're going to go up but that's what I'm saying when it comes to scalping I cannot scalp and give you or give me a good sense of idea of where I think trend is headed so with support and resistance I do feel that way I feel like I know where we're headed I feel like even if we pull back I know where to short for that pullback right and even this morning I don't short the cho cho train that's me but we did talk about this 42 being resistance and you could argue that that was the better entry than looking for a long because in hindsight it is right now 42 held as resistance we knew it we talked about it that doesn't mean I like to short it and really and truly I only need one trade one trade my 20 points 15 points is plenty but as a scalper I cannot scalp in here when the Market's moving like this I wouldn't know how to scalp that properly so I know it's kind of a long answer as to why I don't SC SCP or why I don't like it but with scalping comes losses a lot of them and with everything comes losses so for example this' 05 level that I fat fingered at A8 right it happened messed up but it happened even this long that you said that you took here right I don't know if you got stopped out there or or not but it just decided to do it it's a pullback it's a it's a trade on the pullback right it's not really a trap or anything you got to understand the risk and now we just did this exact same trade and now it worked uh again sometimes these dips happen sometimes they don't but the idea of support and resistance is that' 05 is now being turned into support and therefore I want to get long so without without scalping uh I don't like scalping for that reason it keeps me guessing and with support and resistance I know where to get along like 05 why 05 like why is it 05 that I like to get along at it's a pretty obvious number but the idea is the same that it's messed up that this back test didn't hold we reclaimed this one and we back tested 05 I was supposed to get long there you saw me trying to get long but like I said said win or lose I'm just a little bit frustrated I'm getting emotion in the game and that's exactly why I chose not to take it so I know it's a long answer to your question but since this morning I knew that this is the key level here we posted it up on the chat we talked about this level here being exactly that key level that must hold it didn't hold we trap under it but again right when we reclaim this level that's a long all day this has been one giant trap for the Bears today and well it hasn't quite played out yet but when we do get to 30 45 and the higher targets get hit it might not be all at one shot today right but once they do well that long idea that big picture Trend idea is what ultimately is going to keep me in the green for majority of my career it's not a one- day thing so take two contracts you're right yes if I had taken the o05 like for me I'm just bummed out about this level if I had gone long here at 93 I would have not held all the way until you know 30 or 45 that's not what I'm saying either but if I was long if I had averaged in or or if I had two contracts I would have taken one out of ' 05 because that's the next level of resistance here probably 05 or 11 right here one of these two you gotta watch price we we just squeeze right through it right so would have to be the 11 right there and next one is going to be 30 why 30 that's that would that's been a key level for the past week or so of this Market this level here and it's going and there you go that's what I mean we pulled to we pushed the 15 we pull back to5 I should have been long5 I would have been stopped out there that's fine we push back above the same trade idea again 05 is becoming support well now we rewarded you with much more than my three-point stop typically I guess my thing is I I like to know where trend is going where are we going where are we headed like this morning 42 I knew not to get long right under 42 that doesn't mean I like to short it either and 42 as you can clearly see it acted as amazing resistance that when we do break 42 at some point uh we're going to squeeze through it because we're this is no longer a strong level of resistance so this game is easy but very complicated because I make it complicated with my entries I'm just so super bummed out how did I fat finger to 08 so that tells me that I came here in a rush I was feeling fomo for sure because I obviously saw my entry get blown up like I saw that entry just squeeze right through and uh I was pissed off because I was cutting me the activity I was doing oh was making money some other way I would have been all right with missing this move but I was cutting meat all right there goes 15 it's gonna go it's gonna go we we take back 16 we're going to go to 30 pretty quickly probably too because this already got denied a couple of times here you can see this during the day and is what I mean I watch price too much [ __ ] I've been watching it so much that it's annoying this chure train is going up though I don't even I don't even got to see the numbers but this is a giant trap look at this on the daily candlesticks here you see this day we just took out all these Longs anybody who's been long since uh Monday I think Tuesday since Tuesday well they kind of got taken out here right but anybody who was long from Wednesday or Thursday August 22nd 23rd everybody just got taken out and you can see this is what I talk about this is the low this is the Trap and this is the squeaks I don't know how high we can go today from that trap but one thing's for sure that 31 wants to kind of back test which is right there but that 30 is going to give us hints when we go to that 30 it's going to be above 16 and again this is all one trade even this dip it sucked that it dipped that much but this is all one trade from the 93 this is your entry right here this is it this is the money right here you got the major level of support which broke down I showed you on a big scale we got the consolidation the trap to squeeze back Above This is doing a trap you can see there 16 acting as resistance it did this morning at at what time was this 1 p.m. I would really love if this thing got dumped on and then it came back down to 93 I would buy it but it looks so unrealistic I honestly think we're just going to go up now [ __ ] up I [ __ ] up not buying it down there [ __ ] meat CU now I feel F now I think that 05 becomes an entry of fulo like you can see this squeeze right I understand 05 is a level of resistance we're we're taking it back so it becomes support but I still can't help but feel formal knowing that I should have been ducking long from the bottom there let's see what nvda is doing got the nvda pulled up here even ND even nvda is doing that V for victory look at that moving similar patterns V even that W there kind of again I don't trade patterns or anything anything like that but let me see if this thing did some form of tra here look even nvda moves similarly it just took out anybody who got long you can see this here if you got long on Thursday of last week you got long anytime this week you just got taken out right there it's the same principle across the markets so once that trap is laid out right there that top of the box is the support of the previous day right there on Thursday you can see that so all we did was flush these guys out all we've done is is we've trapped to the bottom and this one even played out even more perfect right there you can see that it's exactly what I preach is the Trap and then the V for victory we're going back up same principle can be applied to all markets I like yes though it moves in a particular Manner and I've already built a nice relationship with it you got to build a good relationship with with your instrument you can't I don't I mean people do it but I don't I wouldn't like to be flipping like NQ and then or I think you just got to master one if you master one then you can kind of go out and do other ones that 05 entry look at it 05 to the 16 11 points if I had taken that long I would have not been taking profit or there the way I'm feeling I would have let this thing go which is why I think I chose wisely I just chose to take the stop here and walk away or not walk away but at least take the stop and let it play out a little bit more F man this week with these levels it's I got it's oh man I gota see what the hell what did I do this week like how could I be so goddamn right about being so bullish and pric at certain levels but still fumbling the ball not used to fumbling it I was coming on the stream and then uh and don't say it's hindsight we talked about this level down here since this morning since pretty much last week on a big scale it's look at it it's right there that ducking lines oh my gosh I'm here on now honestly just for entertainment purposes even for me now I I don't even think I want to get in this the problem is it's it's all one trade this this whole move is one thing it's all one and then I if I try to over tra in here I'm going to get caught the setup already has happened all this is one leg just one one leg the P the trigger and then probably the pump that's my indic if I was going to trade an indicator it's got to be that one the PE for the pump well 05 so far would have been a pretty good entry I think that entry kind of working out so far give me a price where do you think we're going to close that or give or where do you think that uh we're going to be going after earnings e good earnings back to alltime highs I think this thing is programmed they ready to go maybe not alltime high is obviously today but what happens with the agles when they come in that's when I think the market will kind of reveal its true intentions for the rest they know already some people there yeah I'll tell you what I think I do not know if we're going to back this this 90 level this 93 because we didn't back test it right all we did was squeeze right through it so if we do back test it then uh that's a a healthy thing and that would be long there but doesn't look like we are going to back test it either way if we do I think that this thing wants to push 30 is too early too easy 42 is too easy too I'll pull 54 as a Target on the earn when they drop whether they're good or bad it's kind of we might get a dib in the rip I'm I don't care if the earnings are good or bad they could be bad and this the same scenario will still apply I'll hold to my own word on that and uh I think I gave you another one this morning maybe tomorrow this will get attended 83 5683 so whether earnings are good or bad I I just don't feel bearish on this whole chart altogether I feel like when rates were going up higher and people thought that it was going to kind of Crash the economy and uh hurt everybody and can you know have this recession Market uh the rates kept on going up and up and the markets kept on going up and making you alltime highs and making you alltime highs now probably I would feel the opposite if they start dropping it and people think that that is a good thing and that it's going to stimulate the economy in some way shape or form I'm thinking bearish now I like to think Against the Grain I'm not sure why I became so cynical as a person to be thinking like that but if if everyone's thinking long I want to short if everyone's thinking short I went a long and the fact that everyone's thinking bearish especially after this sell that happened I think we're going up and like I said I'll hold my own word to it I don't care if the numbers are good or bad this is already rigged it's rigged so it's just a matter of letting the market play out and that's the beautiful thing about being live that it might work I might be the Great that might be the greatest prediction I could have done and I would make a zero cent of it and that's what's pissing me off and then it's like I can't just formal this thing obviously H whatever there's always another day we talked about this of five I even had my entry that I took I took it out because even if it had won I think I obviously it would have won right but I still feel like it it's not a it's not a good thing for me to do as a Trader I can't making money yes that's the goal of course right but for me it's about this like this is the entry there once I miss that I'm I'm pissed because this is all the same move I'm basically what trying to trade in the same move I would be adding into this if anything not taking out but sometimes like I say the foro Traders are people who can just kind of I need to be a little bit more like that like just long that 05 boom just [ __ ] long it but that's all in hindsight right like if I got long 05 what was I GNA do take another little stop out if we had came down no at that point I was thinking I'm going to get long 05 and my stop is going to be like way below L and uh as long as 90 holds I'll continue to hold I think so I think so the remember what that potato example the one I keep talking about the people that keep on defending this 88 level they're the big whales they're the ones with the money they are the ones in charge of this Market they don't want price lower than that they want to protect their investment this is exactly the example and it's about to play out it's GNA rip I'm not going to fo more I I just can't but [ __ ] now M this died great see I'm I'm telling you about luck even this died now I'm just going to stay here a little bit more just CU I want to watch this push it's going to happen it's going to happen maybe if we dip now we dip 205 but we'll see all right let's watch with Theos they're about to come on in I'm going to pull up here the nvda chart if we dip 05 is right down there I mean maybe if we do dip 205 this time I will buy it I can see that now we're accepting price here we're let's see one minute till those AOS come in the big dip let's see let's see the I about to come in it might play 3 seconds we're struggling at that 16 it should come a no surprise remember that that's that resistance level but we're going to break it I was going to buy at 05 because I wanted to buy at 05 now it's probably not going to come down to 05 if I had said I'm not buying it would have give you that dip Antonio it knows I want to buy at5 it's like no no no we don't want this guy in nvda not doing much right now this is the Calm before the storm and there goes 16 and then once we take back 16 we go to 30 and knows I want to buy that's why all right let's see just squeeze it they this is already rigged like I said it's G to go there but H [Music] up and my wife tells me why don't you just buy and then you just hold you know where it's going it's like it's not that simple because you imagine I bought at 05 right here and then on this dip we had gone all the way down to 90 what I'm supposed to hold from 05 to 90 like that's a big stop and I'm not that type of Trader either right so I'm not like a swing Trader with a massive stop the high on that is 21 so now we're going to do the 16 what we've done to5 turn it into support and then go to 30 ducky up for one point I'm telling you they know they know I this think they're coming for you so this day sucked for me I'm not going to lie I didn't trade in the morning I missed this oh my gosh the Trap has been laid we're going up up up I think my second plan would have worked out better I should have bought at 05 and I shouldn't have had a stop I was thinking about it trust me but I'm like no come on you're not going to do that come on Leo buy 05 and just hold this thing it would have worked it's actually the best thing to do at this point at that moment oh high we would have we would have been coming to 30 now what time do they get released their earnings that exactly at 415 or 4:30 or is it at 4: I forget oh it's right at 4 oh baby this thing's about to get wild so I already gave you my prediction as long as that 90 holds which I don't think we're going back down to 90 I put it right there right right there that 54 wants to get hit really bad I'm not in the trade if I was in the trade I would have put my signature on it but the fact that I'm not in it I gain nothing from it I would have put my signature on that Target if I was long right now from 05 I would have done it but not in it so I won't oh my gosh let's see come on 56 got e I'm interested taking along of five now but can I get filled that down there 2 minutes if if they are released at four what a different picture I would be telling right now if I was just simply click that damn bite button there if I was here on time what an unbelievable day but that's life sometimes you fumble the ball sometimes you nail it or sometimes you're the hammer sometimes you're the nail today I was right then I'm and I'm still getting that I'm still being the nail all right all right all right Market's gonna close in one minute I put it like that 15 seconds those earnings are coming in hot be careful if they're at four of course right this thing's goingon to move it's not going to be moving like this all right that's uh four o' now n VA is moving moving a little bit differently I see here the earnings call is scheduled for five I don't know if this article is an older one or not but it's after the Bell let me see here so price did dip 205 it could be right now I don't know look at nvda nvda is kind of uh e what time are the earnings uh I don't unless they already got released I see here at five at one point it was Microsoft some other ones that get released earlier like 3:30 or right at 4 maybe it might be scheduled for later though I remember I saw I report this at 4:30 well not much happening now and Market's closed and with these accounts I Can Only Hold up until like 410 so no more than that I think it's scheduled for 5 though or 4:30 based on what I see here yeah I think it's a little bit later on not not right now this thing would be going nuts it's too calm or at least nvda nvda would be probably going off up and down all right though I think I'm done for now I think they're going to get released at 4:30 and I just don't want to be playing around this time and we're not at 90 if we were at 90 perhaps I would have bought it but we already had this big dump and not big but just little pullback or if the numbers had dropped I would have bought it there but it's not enough volatility right now pinging around this 05 level too so well there is that I I 250 this move began I was hoping that this would happen before uh sorry after the live stream but I got caught up doing something I should have been long from there I would still be looking for a push higher I would not be wanting to take profit anywhere here with the runner obviously right but I'm going to walk away that 30 wants to get hit 42 and I gave you that magical Target of 50 whatever four it was I think it wants to get hit we'll see when the earnings come in they haven't been dropped yet so yeah all right I think that's it yeah I'm done I'm G to go do something else now thank you for watching thank you for the support uh unfortunately we didn't quite nail that trade it decided to pull back and kind of chop a little bit more so can't do much but the idea is always the same I'm looking to the long side on all this so peace thank you I'll see you tomorrow we'll be back tomorrow for