Hubert Senters here.
Let’s take a look at a potential bracket trade that you can trade as early as tomorrow, ADI, Analogue Devices. It had a nice little gap up today. It’s probably going to follow through one direction or the other tomorrow. So if it goes above $107.53 tomorrow it will be a potential long. If it drops below $103.16 it will be a potential short.
Don’t get caught up that is above or below the cloud on a bracket trade. You let the price action tell you which way it’s going to go. Don’t read into it more than you need to and try not to let your ego get involved in the situation because simple bracket trade treated that way.
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Good luck. Hope it helps. See you in the next video.