TRADING TIPS

TBIO Slingshot Trade

Hubert Senters here. Let’s take a look at TBIO and see if we can figure out where it’s going to so obviously clearly it is a long. It looks like a hell yes looking long so it’s above the cloud here about more than three days. It is respecting the turning line almost every time it’s touching. It is bouncing off of that and they got a nice little slingshot trade developing here where it went below the turning line and then close back above it today. So you would have a follow through slingshot trade entry sometime today depending on where you got into that if you got in it and if you didn’t no worries you can kind of play with it next week. So now, what we’re going to do is figure out a target by just using good old-fashioned fibs one, two, three and that will let us know where there would be some decent areas to take some profits so it’s going to be $26.98, $29.41 and $30.90. I’m going to be hosting a special webinar next week Wednesday, December 16th at 7PM EST How to Generate Weekly Income With Options. If you’ve struggled with being a systematic and having a system that you trade and if you don’t have rules and if you’re not profitable or if you’re not consistently profitable this webinar will definitely help you in my opinion. I have seen Steven stuff. I’m impressed by it. I think you will too. Checkout the webinar Wednesday, December 16th at 7PM. Good luck. Hope it helps. And I’m sorry that I couldn’t speak on this video. See you guys later. 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Your email address will not be published.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.