TRADING TIPS

It’s Just Not True

Hubert Senters here. Got a question from Mary. Today is the first I ever saw anyone use the $NYSE tick chart to assist with decisions about trade executions. Could you please explain how you use with and with what instruments: bonds? Indexes? Stocks? Thank you, Mary. So yeah, I use it in index futures. I don’t use it in bonds. Mary, if you want I’ll do a really detailed explanation on next Tuesday’s live trading room because I know that’s where you saw me do it. But really quickly what I’m doing for the most part is I’m using this center chart which is called the NYSE tick. And all this is a RPM gauge for the market. And it’s letting me know as it gets weaker, stronger. The mathematical formula for this is the number of stocks up ticking plus volume divided by the number of things down ticking divided by their volume. So it’s just a mathematical relationship. It’s just a ratio. It’s really all it is. And what I’m looking for is areas that I can exploit to my benefit obviously for entry executions and exits. So in other words if I know this is a good example right here so this down here at minus $1000 would probably be a decent buy. This up here at plus $1000 will probably be a decent sell. Now, we get more granular and we go into the Micro of going ok after you have a nice little run up like right here pullback hook one and then hook two that can be a long. This stuff is kind of hard to teach on the video unless the markets moving and as I’m recording this video it’s 4:36 PM so the markets are closed so I can’t have charts move around. But I will meet you in the live trading room next week and I’ll show you how to do this stuff in detail and why I’m doing why I’m doing and why I’m looking for. Heads up, I’ve been saying things looking a little fishy for about a week now and are starting to roll over. The Nasdaq had its first sell signal. Not its only sell signal but it is below the cloud so you need to tighten up your position with now. A lot of people on Bloomberg and CNBC will tell you like if the index just go down will the bonds will go up? And if the bonds go up the index will go around. It’s not how actually it works. I know they have to sell advertising over there. But if you do your own back study you’ll see that they’re pretty correlated they kind of go the same direction a lot. So the Nasdaq went down and I’m currently short the 10-year. So if they’re supposed to go in the opposite direction they’re not assuming something’s broken. No. It just means all trading analogies are not true. You have to figure out which ones are true and which ones are not true and figure out how to trade around. This is a little trade that I put on. I took a minimum amount of risk of $156.25 in the 10-year note. I have held it for about a day and a half. And currently right now I’m up $875 on a one lot. You do not need a massive account in order to do this. You could do this with the account of like $3000. So if you’re interested in learning how to do this in the bond market just hit reply and say YES or reply and say Bonds. Just reply to the email or post on the WordPress blog saying Yes, I’m interested. Teach a class on this stuff. Dave Mecklenburg over at Tiger Shark Trading is doing a webinar. How to Trade Breakout Stocks for a Living. Thursday, March 4th at 5PM EST. Good luck. Hope it helps. See you on the next video. Hubert.    

9 Comments

  1. Pat Tecce

    Yes

    Reply
  2. Audrey

    bonds

    Reply
  3. JOHN A DIFONZO

    Bonds

    Reply
  4. Tim

    yes

    Reply
  5. Steven yetman

    I WAS TRYING TO QUANTIFY THE DIFFERANCE BETWEEN YOUR “ADX” INDICATOR (THAT E-TRADE PRO DOES NOT HAVE) AND THE “DMAC” THAT I HAVE USED (OCCASSIONALLY SUCCESSFULLY) BEFORE. CAN YOU PLEASE SHEAD ANY LIGHT ON THIS INDICATOR FOR THIS TOTALLY OFF HIS GAME TRADER. IT WOULD BE REALLY APPRECIATED, THANK YOU MR. SENTERS 🙂

    Reply
  6. Steven yetman

    NOT POSITIVE MY FIRST TEXT MADE IT. REFERENCE YOUR CLOUD COURSE, WHAT IS INCLUDED WITH TRADE STATION, I HAVE ADMIRED THE PLATFORM FROM A FAR AND MY E-TRADE PRO LACKS “ADX” AND CLOUD CHARTING. IF YOU ARE ALLOWED PLEASE RECOMMEND YOUR FAVORITE TRADING PLATFORM (TRADE STATION IM GUESSING) AND RECOMMEND A CLEARING HOUSE AS SCHWAB HAS GIVEN ME MANY DELAYS IN ORDERS ETC. FOR TWO MONTHS NOW. I WISH TO PURCHASE YOUR CLOUD TRAINING TO START. ALSO, IS THERE ANY REDUCED PRICE FOR MEMBERS OF HSIC. THANK YOU VERY MUCH…………STEVE

    Reply
  7. Mary Florence

    Thank you! I will meet you in trading room on Tuesday so I can learn more about this. Any yes, I am definitely interested and waiting for the class on bond trading.

    Reply
  8. Mario Leli

    YES

    Reply
  9. Terrence Silver

    Yes I want to learn bonds . I just joined your program Tuesday and most of what I am hearing is foreign to me. I have been mostly trading options on the weekly with mixed success. Do not know futures currencies or any other trading. Oh Bye the way My dad born in Louisville KY retired from American standard

    Reply

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