TRADING TIPS

Tips for Timing the Markets

Hubert Senters here. So this week’s evergreen content has been about trading index futures. Let’s talk about some questions that you may come up with your head. Number one I like to trade more in the morning and then I do in the afternoon or in the close market. Usually the first hour and a half to two hours is usually productive with these techniques that I have shared with you this week. Now, as far as timing goes you can use the gaps and you can use the ticks on the afternoon session too. I would avoid from 11:30 to like 2:00 to 2:30-ish in the doldrums. They can still work but they loose their effectiveness when you’re going the doldrums. And then I want to expand upon what we were talking about earlier this week which was the range is as I’m doing this video. You can still see that this range right now is still effective. But I’m starting to see another band inside of the outer band. You’ve got the outer resistance outer support. Now, we’ve got inner support and resistance. So you can see right here we’re starting to see another little resistance area here at this area. Not really a support area but you’ve got upper resistance lower resistance so these are the outside one, this one’s going to be the inside resistance. And then if we have one started chopping here we could put it there. It’s going to change so you have to keep an open mind. You have to be flexible with this stuff and you have to understand that the ticks are going to change everyday even on a down day. Believe it or not the ticks tend to be a little bit more positive then negative on the day. Today is an up day right now the Dow I believe is up let me see here. It’s up $199 points. There’s $200 points so not too bad. We gap up. We traded sideways. Then we ramp up. Trade sideways pulled back a little bit and now we’re back here on support so we’re going to ramp back up again. This is really useful. You do have to put in the time though. There’s nothing magical about it but it’s not a hack or anything. It’s just you setting up in front of your machine and learning how to use the RPM gauge and comparing contrast it with the actual price action. It’s really useful if you took all the tools away from me. This would be in my top five that I would want to use. And it doesn’t require anything other some patience and you setting in front of the screen and learn how to use it. Good luck. Hope it helps. See you on the next video. Hubert.

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