TRADING TIPS

Quick Question from Chris

Hubert Senters here. Had a question from Chris. He’s a current Ichimoku cloud trading secrets client and he’s wanted to know how do you know or your buy side, your entries and your targets? It’s all covered in the course, Chris so I would go through the course a couple more times. Make sure you got that down and then also you can show up tonight at 7PM EST and we’ll go through this. I’ll answer as short as possible I can only three videos. You asked specifically about the Spy, SPY. So right now I wouldn’t touch this because it’s in the cloud so for me in the cloud means nowhere. Just leave it alone. This is a daily chart so I’m going to use a little bit different time frame moment. Okay. Let’s look at a 60 minute. 60 minute would be a short. So in this example you’ve got the daily over here which is in the cloud and then you’ve got a 60 minute that is below the cloud and then you have a 10 minute which is above the cloud. So what I’m going to do is I’m going to pretend that the 10 minute is a daily cloud greeting. Because I know you’re thinking about going potentially long if the spotters bounce. So what I would do is in this situation let’s pretend this is a daily chart. It is not but let’s pretend it was so. In this situation when I get a signal back above the cloud by either one two or three candles then I would go long and then my stop-loss is always the number that I’m cool with and you use the parabolic SAR to trail that thing because everybody’s stop-loss is going to be a little bit different depending on the risk profile and how much money they have an account and their experience and all that stuff. And if you just go through the parabolic SAR drill that we walk through on Ichimoku course that’ll help you dial it a little bit and then come to the night session at 7Pm EST and we’ll walk through some more examples in real time so that you and I can interact and you can get your answer a little bit more clearly. Mark Helweg will be doing a special webinar on ‘’How to Profit from Wall Street’s Secret Research without analyzing charts for hours.’’ It is Tuesday, May 28 at 8PM EST. I will HYPERLINK you to this form. Good luck. Hope it helps. 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Your email address will not be published.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.