Hubert Senters here.
Let’s take a look at BIDU. I’m going to walk you through a trade that you should look for on our most every single chart that you’re looking at.
It’s going to work for intraday charts, swing charts and longer term investment charts. It’s called an ambust trading. That’s what I named it anyway.
I’ve got a long kind of go sent me a book. And I was just like this works a lot. And then everything just goes book. I don’t know when it was written in. I’ll look it up. It’s in my library.
And they call it the halfway back which is basically like this so all you’re looking for is you’re looking for a nice little vertical or thrusty type of move and don’t get your head in a bad spot there.
There’s nothing wrong talking about anything sexual there. We’re talking about a thrusty move in the price action. So this would be vertical or thrusty move to the high side.
That’s the first thing that you’re looking for. The second thing you’re looking for is the pullback that should scare you a little bit so you’re like, oh, my goodness, I miss that.
I wish I was in it. Just wait might it pullback and then buy it in this area and you’re going it’s asy for you to say in hand sight but how you actually do it.
What you’re looking for is the begin of the base or the begin of the buying and the end of the buying so here’s how I do it.
There are several different ways you can do it. The more you do it your finesse will get a little bit better. Your feel will get a little bit better.
So all you’re going to do is I’m going to draw from this low to that high. And then what you’re looking for is pullback into this zone.
I’m going to zoom in so we can all see it together. Right here so you would want to bid on Tesla at $206.28 one tick inside that.
And then you could a stop loss of $201.31 or you could just say that was own right there, I’m interested in bidding long and use whatever stop you want to.
It’s your money. It’s your account. I’m not you advisor. I’m not a financial advisor. I’m just a dude that does this by his self.
So take a look at that. It’s called an ambush trade and it works on almost anything and everything out there within reason. It also works to the down side.
I’ve been asked to speak at the Wealth 365 event which is happening about 9 days. I’m going to send you over to the registration page.
And the subject that I’m going to be talking about is ”How to Find New Trend Trades in Two Simple Steps.”
So if you’ve missed out on the Tesla, the Shopify, the Spotify, everything that’s cruising higher it all starts out trending first.
I’m going to show you how to find these in two simple steps so you don’t have to worry about every missing good trade in 2021.
There’s going to be a bunch of them and this is going to show you how to identify new trend trades to the high side and also to the low side.
Good luck. Hope it helps. See you on the next video.
Hubert.
