Can I day trade Prospero using the screener?

Yes, but get your fibs in order

When looking at the screener in the app, you might say it’s cool, but what do I do with this info? If you looked today you would have noticed that $AVGO is at the top of the bull screener.

While this does not tell me how to trade, it focuses my trading on the upside.

Now it’s time to look for an entry.

The aggressive trader would have entered at 10:20am when AVGO 0.00%↑ at or near the double bottom or at the turn signal (yellow arrow) that followed soon after. I prefer to go long when I get a turn signal above the red rectangle.

I stay in the trade as long as price does not drop below the ema cloud.

But how do I have confidence in my entry? Surely an arrow is not enough.

This is where fibs (Fibonaccis) come in.

I anchor my fibs at the low to the double top at 11:30am.

When price pulls back to the 61.8% (golden fib) but does not close below on the 5min candle. I know bulls are in control

The rest is history, price continues up, I trim at 1650 and close the remainder of my position at the end of day.

Thank you Prospero screener!

If I make another one of these trades tomorrow, I will share it in the Discord.