Hubert Senters here.
Let’s take a look at the bond market so I am going to give you a brief glimpse of a project that we’ve been working on here at the office and this is a new sneak attack indicator which makes my life a lot easier.
Usually, I build indicators. I build them for myself first because it’s saved myself a lot of time and aggravation so on this example you can see that I had a short fire off here in the 30-year bond earlier today and I was already short.
But if you weren’t you could have captured this but hopefully you did. And you can see there’s the short, there’s the stop, there’s target one, there’s target two, there’s target three. I usually don’t have a target after that it’s just wide open if you’re doing the sneak attack.
Now, I’m trying to turn the trade into a little bit better of a winner, a crackpot trade so you can hold it. The reason I like this so much is because you can look at it a glance and in a glimpse real quick.
This is a daily cloud. This is a 60-minute and that’s a 10-minute, so what I’m doing is just multi timeframe analysis without having the cloud on the chart I can just look down red light means below the cloud, below the cloud, below the cloud, yellow that’s in the cloud. And if I scoot back here you can see here you’d have a conflict that one would be a 10-minute above, 60 in the yellow and red on the daily.
So you want two or three to line up or if you’re just doing a quick Scalp Trade you want at least the 10-minute to be going down, so I just want to give you a quick glimpse of what’s going on.
Bonds are obviously taking a little bit of a nosedive today and it does not require a ton of capital to trade bonds and you don’t have to take a lot of risk in order to make money on these.
You do have to have a plan that has some statistical probability of working for you and it’s supposed against you but I’ll show you some stuff that you can do so.
In this example on this trade I only risk $156.25. Right there was my risk and then boom I bumped it all the way down into $31.25 just because anytime you’re up around two grand you don’t want to take a total loss on that because you feel like ‘’OK, what’s the point?’’
And then I’ll let the market kind of wiggle around today and this evening I will trail my stop-loss down in this area. I don’t want to get too tight. I want to give it the opportunity to run for me.
Right now, the market is at 3:49 — so it’s 3:49 PM. I don’t want to trail my stop to tight because I will get stopped out that won’t be in the trade and the whole objective of this exercise is to hold onto it, so it will add more profits to my account so I’ll do that later this evening after we see what the market opens up in this evening.
I am going to be doing a special webinar with Mark Helweg on ‘’The Simple Hedge Fund Strategy,’’ Friday, February 23rd at 12PM Eastern, so lunchtime I’ll meet you there.
Click CLAIM MY SPOT NOW to register for the webinar.
Good luck. Hope it helps. And I’ll see you on the next video.
