Hubert Senters here.
Let’s take a look at the markets. We’re going to look at Intel for a potential trade next week. Pretty simple scenario here.
It gap down on Friday. We’re just going to let it trade. I like to trade things better in the cloud but I throw that all out throughout window when I’m talking about brackets because what I’m really paying at playing here is the fear and greed in that little blue square right there.
People that are long are now scared that it gap down. People that are short are now greedy thinking this is going to go lower.
I don’t know which one is going to win nor do I care. Now, one hit at all. What I want to see is how it follow through. Tells me its real nature.
If it trades or closes above $60 I’m going to get long. If it trades or closes below $57 I’m going to want to get short and that’s a simple bracket trade.
Mark Helweg is going to be doing a special webinar Tuesday on The Explosive Traffic Pattern for Trading Options.
It’s going to be happening Tuesday, April 27th at 8PM. I’m going to HYPERLINK you to the registration page. You can read the bullet points down here on what he’s going to be sharing with you.
Good luck. Hope it helps. See you on the next video.
Hubert.
