TRADING TIPS

One Long and One Short

In this video, I am going to give you one breakaway long trade and one breakaway short trade. The first trade is the breakaway long trade. It’s Texas instruments. Symbol is TXN. As we are seeing it’s breaking away to the high side. Add it to your watch list. One of the biggest net gainers today and looks like it’s got room up to about $140 or $150, that’s the first one. Second one is Ford. Ford had a gap down and as everything most stuff was up on the day. Not everything but most stuff. So obviously this is news related but it broke below the cloud and you’ve got a little support here. If the $12 area does not hold then it could potentially drop all the way down to $11. It’s not a great risk reward ratio trade because it can only go so far down. It can’t go past zero. But it is a breakaway short trade. 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.