TRADING TIPS

AMD Bracket Trade with Targets

Hubert Senters here. Let’s take a look at a potential bracket trade that is already setting up so it’s been a while since we covered AMD. We had initially set the bracket trade above $29.93 is a long and below $27.83 is a short today. It actually fired off and met those criteria. So if you’re doing a trade below $27.83 you would be filled today. If you’re doing a close below $27.83 heads up, it’s 4:30 market’s closed. You would also have a fill. The difference would be a fill at $27.83, one tick below that or if you don’t want to close it just all depends on how you how you doing this, $27.22 so you’re going to be in 50 cents one way or the other depending on where you’re at. Now, potential targets let’s talk about that. Next target would be $25.49 followed then by $24.56 then followed by $23.41 so I would just make two targets and say $25.49 and then top of the cloud around $23.20 or $23.30. I’m going to be doing a special webinar tomorrow at 8PM EST on trading bonds, risk reward ratios, stuff like that. It’s been a very popular topic because the bonds have been moving and people are making some money with it. We have over 7200 people registered for this webinar. It’ll lock up GotoWebinar only holds a thousand people so I’m going to open up the room about 20 to 30 minutes early so if you’re really interested show up early and you will increase your chances of getting a free slot in that webinar but once GotoWebinar hits a thousand people I can’t do anything about it. I don’t own or invest in GotoWebinar. I trade their stocks Citrix but I don’t have a pull over GotoWebinar. They really don’t care. But anyway, after we get to a thousand the room will lockup so make sure you show up on time. Good luck. Hope it helps. And I will see you on the next video. Hubert.

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