TRADING TIPS

How and Why I Broke This Rule

Hubert Senters here. I want to walk you through a trade that I’m currently in. It’s a little bit too late for you to enter it but i want to at least give you some information of why I made it. I wouldn’t place this trade until after election. I’m already in it. I got some cushion I’m holding over the weekend. I’m short the 10-year. Now, the ADX is a little low. It’s slightly below $20. It’s like $17-ish. It is below the cloud but it’s non-trending. I’m flirting with fire here by trending the 10-eayr note because it has been trending for about the past six months. But I’ll let it drop bounce up above the turning line and it got some trades above the standard line, the purple. I just waited for it to actually go right back through the thing is what I was looking for. I actually jumped a little bit. I actually short it at $139’01.0 even so I’m short right there not tactic and please don’t read anything into that. That’s just totally random. I’m not the type of guy that showcases and getting short here and going cover there. It’s not how the real world works. I’ll be lucky if it drift down lower and then bounces up then I’ll probably get out on a bounce. But anyway, that’s how I did it. And the reason I did it is because it was below the cloud. It’s non-trending so I know I’m breaking one rule. Been in it actually breaking it. But the lagging line is below the cloud too which is usually a pretty good indication at a trend change is probably in place so that’s why I’m doing it. Mark Helweg is doing a special webinar this week on ”The Simple Way to Trade These Complex Market Conditions” Wednesday, November 4th at 8PM EST. I’ll HYPERLINK you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.

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IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.