TRADING TIPS

BA Breaking Out

Hubert Senters here. Let’s take a look at Boeing. It’s got a nice little upward slant and will probably go higher. So let’s see if we can figure out a target. It’s almost a perfect rotational trade. So if we take this low and that high and that series of newer so you go high, higher low. So next target pn Boeing is going to be $294, $334 and $358. Now, as you can see on the daily it’s above the cloud on the hourly it is above the cloud and on the 10-minute it just crossed up two bars ago again so that’s what you like to look for. Now, if that confuses you which I can understand if you’re not a huge in the cloud it might confuse you. So what I do is I try to make it a custom indicator for myself because I like being efficient. My wife calls me lazy. I don’t think that’s the case. I like being efficient but I think once you do dishes once they should be done forever. I know that’s not how that works but anyway it would be nice if we would just always took care of that way. But here’s how this works so on the bottom this is a daily chart the bottom dot, the middle dot is a 60 minute time frame and the little dot is a 10 minute so daily, hourly, 10 minute. So I know if all three of these are green. I call it skittles. It looks more like a Christmas tree. Now, I look at Christmas tree lightsor skittles. You guys let me know which one you like. Do you like Christmas tree or skittles? As you can see right there it went from green to yellow back to green. Now, I’m all lit up green, green, green. I’m good to go. You look back here. All that looks good. So there you go. Good to the high side there and you should keep on going back. And what you’re looking for is a changing color which is this one. There you go. So in this you had a daily uptrend, a 60-minute in the cloud and a 10 minute in the cloud. And then from there if you would have got long right here on the first little rotation let’s see how this thing did. First little rotation is below this chart out so we can zoom in here and see what happened after that. Oh, we might call it a Christmas tree. Look what a gift they gave you. I’m going to be speaking over at the Market Madness Traders Summit on March 23rd-25th. I’m going to HYPERLINK you to the registration form. You can obviously scroll down and see how many speakers there are. So if you see somebody you like and I’m not the guy you like I understand it. I am an acquired taste. My wife tells me. So I’m probably an acquired taste for you too. Heads up, I’m going to HYPERLINK you to the form in case you want to increase your knowledge and learn from other people that are doing what you may want to try to do. Good luck. Hope it helps. See you on the next video. Hubert.    

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