TRADING TIPS

Strong When the Rest Are Weak

Hubert Senters here. Obviously, the market got smoked today. Most of the good trades were short trades but here’s a decent long that looks like it’s got more potential. Because as the rest of the world went down this thing went up and it’s also technically pretty sound. As you can see vertical up pullback to 50 percent and that’s bouncing back off the cloud. So if you could see this right here. One, two you could see down in here. It acts pretty well. And then it bounces off the cloud. So if you can close back above $13.92 then it can potentially have a run to about $16. Dave Mecklenburg of Tiger Shark Trading is doing a webinar of How to Trade breakout Stocks for a Living, Thursday, March 4th at 5PM EST. I’m going to HYPERLINK you to the registration page. Obviously you can read his information. Good luck. Hope it helps. See you on the next video. Hubert.

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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.