TRADING TIPS

AMZN Buy Signal

Hubert Senters here. Let’s take a look at Amazon. Had some questions from viewers what I thought of Amazon? Amazon looks pretty good. It is about to go into a buy signal so as you can see it’s doing basically the same thing that the markets doing @YM. Let’s do Nasdaq @NQ. You can see a low, a high, a higher low and now a higher, higher. If you look at Amazon, AMZN it’s not going to be exactly but it’s doing the same thing.  A low, a high, a higher low and now potential higher, higher and about to close above the cloud so for me I want to cross that area right there at about $2,000 and spend anywhere from one to three days above that cloud. And then at that point it would be a decent long in my opinion and it would probably goes up and takes out $2,171. Now, all bets are off. The virus stuff gets worse. I don’t think we’re still out of the woods yet. But it does look like a technical good looking long and at some point in time you’re going to have to start nibbling on long on a few things. Overall, that looks pretty good. It’s handled the crisis better than most half for sure. Trade Thirsty is hosting a webinar ‘The #1 Trading Hack for Max Gains.’ If you suffer from trading heads up, don’t be too suffer about this game that we play called speculation is hard. It’s not for everybody. I have seen this system and this software and it’s pretty cool and I think you’ll like it. Go check it out on the webinar. The webinar is Wednesday, April 8th at 8PM EST.  The cool thing about this is you can — a lot of the tools that are available with this particular software are usually only available for professionals and they’re making them available too to retail traders. I’ll give you the example so. A lot of the broker relationships that I have I can call them up and say hey, I want to put a daily loss limit on this account. I don’t want to lose more than $2,000 in a day. And those are like no problem. If I lose $2,000 a day it will limit my ability to place trading. No more new entries and it will save me from myself. This software can actually do that. You can dialed it in. And usually the professional broker’s firms that I clear it too you have to have a good relationship with them, call them up and say hey, this is risk limits. And you have to have a larger account to do it. With these guys, you don’t have to do it which is really cool. You can kind of just dialed in and say I don’t want to risk a $100 a day. Once I lose a $100 it’s going to shut off my ability to place new trades. And as juvenile and as childish as that seems you’d be surprised how much it helps. It can definitely help you protect yourself from yourself. Anyway, I’m going to HYPERLINK you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.

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