Hubert Senters here. This is a special video for Pepe. And the question was how to determine my initial opening range breakout entries on The Dow and my stops and target so I’m going to walk through a sample way that I do The Dow. Now, we have both of these trades in the trading room today. I’m going to focus mainly on the downside. I’ll focus on both of them. So the first thing I do is I just use a two minute chart. Super simple opening range breakout you would initially just want to see. And I’m looking at the tick chart when I’m looking at this too that’s the market internal but this is just a two minute chart. So I use a two minute chart on the YM and you can see it right here. And I have a gap chart at YM.D so I can see the gap so now I’m going to erase that. You can see this up here. There is a gap. If I just did at YM it would be all continuous but I just will see this gap because I don’t know which way it’s gapping up or down. Now, once I do that I let it trade for exactly two minutes. I’ll let one of these charts, with these candlesticks close and then I just draw a horizontal line, I’m going to draw that is the high and that is the low. And then I can do a bracket order so in this case scenario it was $25,115 would be the long to the high side. And then we had a $2509 to the down side. Now, since we made more money to this side. I’ll walk you through that. Actually, let’s do the high side too. It’s just that easy. You learn both sides. So what I’m doing here first as I initially use a $20 point stop-loss on the down. I’m going to trade this thing in in quarters. So I would go long here at the breakout as soon as it touches that and then my stop-loss is going to be $20 points from my entry. Whatever that point is so $115. Let me do some math. So it’s just going to be to $20,095. So if my initial entry is here. My initial entry here then my stop-loss is going to be $295 which is basically going to be right here in this area. As soon as I go, as soon as I’m up five to eight ticks I’m going to sell one half of my position so if I initially go long here then I’m going to sell too really quickly and then I move my breakeven point up a lot more so it’s minus $20 that I’m going to go into the minus $3 points. My entry minus three ticks, two or three ticks and then on this pop right here it went up another about $10 points. And then I sold a quarter which is a one line so I went long. Out two, out one and then I took two or three tick stop-loss on that first or the last part of that first trade so. If I’m trading four lots, if I go sell in half, I’m going to sell two, if I’m selling a quarter then I’m selling one and then I have a quarter left. So two, three, four. Same thing to the downside. I’ll short it here. I’ll initially use a $20 tick or point stop-loss on The Dow as soon as I’m up eight or $10 ticks I’m going to cover two and then it dropped down here. And then we did one. And then on our last one, we did one here. So that’s how I do it. And I just do it real quick like I usually do infinity and I’m looking at time and sells and I’m listening for the flow and I’m watching for the flow to see what’s happening. Mark Helweg is going to be doing a special webinar, ‘’The New 3 Light Options Strategy,’’ Wednesday, July 25th. It has a really interesting story that you’re going to really want to hear. It’s interesting, entertaining and quite shocking once you hear it. But it’s going to happen Wednesday, July 25th. How it all started. The accidental discovery simple buy and sell signals, learn one of the best options strategies that he’s seen and look. He test stuff to death. I mean he’s one of the smartest guys I know like indicators and back testing and systems and stuff like that. So show up for webinar Wednesday, July 25th at 8PM EST. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.