Hubert Senters here.
I want to point out a pattern that I like to trade a lot. I like lots of different patterns. I use different indicators for different things. When I’m using Ichimoku. One of my favorites is a close above or below the cloud on a daily chart, an hourly chart or a 10 minute chart depending on how many bars I’m going for whether it’s one, two, three, four or five.
And then once you get up there another trading, a lot of people what they’ll do is they’ll buy at the turning line. I don’t do this much because it’s a little bit inconsistent in my opinion. So what I like to see is I’d like to see a nice little clean break of the turning line and the turning line is this yellow line right here.
Now, I like to see it either go from the yellow straight to the purple or work its way to the purple which is called the standard line. And then there’s two options I have available to me in my wheel house that I like to trade. I can either buy at the test of the purple line at $65.86 but I’ll drill down in a smaller time frame either 60 minute or a 10 minute to confirm that or I will wait and let it close touch the purple trade or close above the yellow which is the standard line at $67.07.
And then get long. And now my targets are up here at this most recent high that had been put in place. So hopefully that will help you out. Special guest appearance by Geoff Bysshe how to identify and profit from the best stocks and options to own right now. I’m going to let you read what they’re going to teach you. I’ve already seen this webinar presentation.
It is really good specifically if you like trading stocks and or options on stuff in the Nasdaq or the Nasdaq 100 stocks. The webinar is going to happen Wednesday, August 15th, 7PM EST.
Good luck. Hope it helps. And I’ll see you on the next video.
Hubert.
