Hubert Senters here.
Let’s take a look at AMD. If you’ve been tracking it obviously I like it to the long side.
And then we’re talking about this ambush area and then you can either buy it as a it goes into this zone or you can buy it as it’s coming out of this zone.
So it’s bouncing good today. If you’re a little bit more conservative and I’m like I’m just a little scared here. I don’t want to do it yet.
You could always wait until it closes back above $113. Now, you’re going to pay a little bit higher price because that’s what confirmation cost you some entry.
You’re just going to have to pay it out for. That’s what confirmations are for. So that could still work and then we break it down on to the smaller timeframes.
We can see that the daily is up. The 10-minute is up here. The 60- minute hasn’t fired off. You could also if you’re a little bit more conservative.
You could wait until $112-$113 area. That will give you the go ahead and then all three being above the cloud.
This one is slightly below. It’s probably going to chew above it and then you’ll be back into like a slingshot type of trade.
And then you can target that area of like $120 as a most recent high and then it can remove this from that and then do this right here.
And go one, two, three. Obviously, we’re going to target this area first. That’s $121 area after it clears $112, $113. And then you can go $124, $137 and $157.
Trade Thirsty is hosting Toast To Traders, Saturday, August 21st. Here are your speakers Serge, myself, Mark and Adam. You can see the subjects.
I’ll probably going to change mine. Mine says The Best Free Indicator in the World. I’ll probably going to do The Mother of all Bubbles because I think the markets going to roll over soon.
So I’m going to do that one and which means they not move the schedule around a little bit but overall that’s basically we’re going to be talking about the same thing.
They’re changed subjects. I’ll probably going to change mine is what I’m telling you. I’m going to HYPERLINK to the registration page for this webinar. All you got to do is click this big orange button right here.
Good luck. Hope it helps. See you on the next video.
Hubert.
