Hubert Senters here.
Let’s take a look at a potential bracket trade for tomorrow. Obviously gaps up happened for news related issues or earnings related issues. Those are the two main ones. So we really don’t care why they happen. They do happen though.
We’re going to trade them pretty simple. We’re going to put a bracket around the news event so I don’t like trading prior to that happening. Sometimes if it’s news related you won’t see it coming.
So what we’re going to do is we’re going to bracket that action. We’re going to mark the high and the low and then we’re going to see which way. We’re going to see which party. The bulls can they push it higher above that little area right there at $164. Or the bear is going to come in and push it lower below $155 so.
Let the news or let the gap happen. There’s a lot of fear, a greed and just a pint up money making a billy after a bracket because people placed their bets and now they’re stuck in either good or bad. And then whichever team goes to win we will jump on that win in horsing ride on home.
If it goes above $164 decent long below $155 decent short.
I’ve been asked to speak at the Wealth 365 event in 11 days. I’m going to walk you through how I find better trades in different markets that you may have never traded before. We’ll go through my entire scanning process and show you how I find good trend trades in the futures markets and the stock market. I’ll HYPERLINK you to the registration form.
Good luck. Hope it helps. See you on the next video.
Hubert.
