Hubert Senters here. Let’s take a look at a question from Sam. Hi Hubert, Can you chart ES retracement and your opinion on it? Yes. I can Sam. Lets’s take a look. So overall it held pretty decent here so on the daily and the ADX is almost $20, $19.36. So it make sense that it would bounce right here. Now, ideally you’d let it touch the cloud and then if it closes above the turning or the standard line that’s a decent buy signal. And then what you’d be looking at is you have to go a high or low. You go one. Can’t do that. I can do this right here. It’s going to have one, two and then three. That’s a tough one. Hold on just a second let me look at it. Yeah. There’s several different ways you could do it. I’ve messed with it but it looks like this is going to be the best one. So one, two, three. And then the next target would be $3,905. When I get close to the cloud here’s what I like to do, Sam. I like to actually chill a little bit and get in on a smaller time frame so I’ll remove these and go. A 10-minute around noon was a buy obviously first thing in the morning. If you’re a vampire you could have traded that one but around you know 11 o’clock-ish right in here, 11 to 11:30 that’s a good buy and you now have one, two, three bars above the 60-minute which means it will probably bounce for the next three to five days. And then I can do a target off of what we were talking about earlier and that it will give me my target since it didn’t hit the cloud. I hope that helps you out, Sam. That was a trickier one to do but we were able to pull it off. Thank goodness. Andrew Keene is hosting a special webinar on Top Options Hack from Ex-Floor Trader Wednesday, February 3rd at 7PM EST. That’s right folks. It’s already February. Have you dropped your initial 10 pounds that you strode your big fat rear end that you’d lose? Did you do it? Have you made your first $10,000 if you’ve wanted to make a $100,000 this year? I know it’s just a common goal everybody has like hey, I want to drop 20 pounds and make $100,000. So heads up, I’m right there with you. I just got back on the health kick today. I’m doing my 10-minute walks and workout three times a week and so your human just like everybody else. Don’t be hard on yourself. Just get back on the horse. Good luck. Hope it helps. See you on the next video. Hubert.  

$7 Options Master Strategy

Check out trading tycoon, Serge Berger, as he reveals the master of all options strategies below.

green

Watch Now