TRADING TIPS

MTD Bracket Trade

Hubert Senters here. Let’s take a look at a potential bracket trade for next week, MTD. Now, it is a little bit on the high side $1,181. Let’s paint by numbers here. Keep it simple. Bracket trades are fairly easy to understand and deal with. A trade or a close above $1,228 will be a long. A trade or a close below $1,157 will be a short to fill that gap $1,106. You really don’t have a target to the upside because it’s breaking away. Mark Helweg is going to be doing a webinar on ”The Simple Way to Trade These Complex Market Conditions” This is what he’s going to be covering. Webinar will be Tuesday, November 10th at 8PM EST. Good luck. Hope it helps. See you on the next video. Hubert.

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