TRADING TIPS

Program Trading Chart Setup

Hubert Senters here.

Let’s continue this video series on Program Trading so we’re going to take a number $-6.80 and $-9.60. $-6.80 is going to be a program buy because it’s green. Program sell is going to be red because it’s $-9.60 and it’s red. Write those numbers down.

I’m going to remove this screen and now you’ll see this one. So these are the numbers from yesterday so I’ve got to update it. So they’ve changed slightly. $-6.80 is still in play. That’s perfect. And then $-9.80 so there’s couple of ways I can do this on Trade Station.

I forgot to tell you. Let me just move this really quick. Obviously there’s couple of different ways I can do in this Trade Station. I can grab it and I can just drag it and if I’m careful enough I can drop it right on $60 but if I’m jittery I can maneuver it and just double left click it.

And then just go in here and go $-9.60 and it automatically put where it means to go. Now, the chart that I’m using is as you can see here on Trade Station cash sign ESINX. I’m going to write that on the screen so you’ll have it as soon as I’ll figure out where my pen went here. That is an audio alert telling me that it just got a program sell right there.

So let’s see what that looks like in just a second so for trade station it is going to be the following $ESINX. Call Trade Station I forgot what data package that is. I have all kinds of them. Sometimes I’m adding them. Sometimes I’m deleting them. I think it’s the level one on CME package number. If you’re a toss user you’re going to use a different symbol. You’re going to use /ES-SPX.

They’re the same number with a slightly different data set so it’s not going to be perfect but it’s good enough. It’s a hammer. My hammer and your hammer is slightly different. Are there any platforms outside of that? I don’t know them. And if there are you just need to call your broker and ask them what the data would be in order for you to use that.

What I’m using here is the E-Mini S&P 500 Premium Index on Trade Station so that’s how you add it. Now, in tomorrow’s video I’m going to show you some tips on how to use this a little bit more effectively. Obviously, you can see there’s a program sell.

So now on the next video I’m going to show you some tips and tricks and how to use it a little bit better. Silas Peters is going to be doing a special webinar on Price Actions Secrets To Follow The Big Money Footprints. They’ve got one that’s happening right now at noon while I’m recording this video. After the one that happens at noon today they’ll update that and it will be the right date so it’s July 27th Tuesday at 2PM EST.

In order to register for the webinar all you got to do is click this button right here that says CLICK HERE TO REGISTER. Little pops up is going to get you. It needs your first name. It needs your primary email address. It needs your cellphone so we can either voice call you or text you and go hey, webinar is starting in 15 minutes.

Good luck. Hope it helps. See you on the next video.

Hubert.

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