TRADING TIPS

QRVO Bracket Trade

Hubert Senters here. Let’s take a look at QRVO as a potential bracket trade next signal. Unfortunately, I’m not going to be able to help you with a target on this one because I don’t have anything to go off of. There’s no past support or resistance and a Fibonacci extension. It won’t even help me because it’s already surpassed all those. So you’re just going to have to use a good old-fashioned risk reward ratio and a target out there that would mash up with your risk reward ratio. So if you’re going to risk 1 you want to make 3 or you want to make 5 that’s going to have to be your target. So the bracket on this equity or stock will be a long above $97.63 and a short below $91.44. Now, I can help you with the up target the down targets obviously it’s going to be easy, it’s going to be a target of $80 to close that gap if it does that. Mark Helweg is doing a special webinar this Sunday, November 3rd. That’s right ladies and gentlemen. Year’s almost over. I know it went fast. Sunday, November 3rd ‘’How to Potentially Profit from Huge Market Moves without Predicting the Direction of the Market.’’ I know it seems impossible but believe or not you’re probably terrible at picking direction just like all the rest of us like you. It’s half the battle trying to figure out which way it does go on and then picking the thing that’s going to be the strongest in that direction so go check out the webinar. Let me know how you like it. Good luck. Have a great weekend. See you on the next video. Hubert.

Submit a Comment

Your email address will not be published. Required fields are marked *

Share:

Facebook
Twitter
LinkedIn
On Key

Related Posts

Get Reports From The Trenches on What’s Working Now
Twitter Facebook

 

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.