Hubert Senters here. Let’s take a look of the importance of having two different distinct watch list so I always have one for longs and one for short. Now, those are usually for swing trades day trades they’ll go either way, right. So what I’m trying to do is I’m trying to figure out something that is trending higher or that is trending lower. And then I can play that accordingly. Let me walk you through an example here. So this is the CME. You can clearly see it’s above the cloud and even with the volatility CME has done quite well. It’s hanging up. It’s not really pulling back much and on up days it’s going higher so it’s cool. So then what I’m going to do is I’m going to use an indicator called the Ultimate Breakout Indicator developed by Mark Helweg. And I’ve already picked a direction I pick the instrument the CME. And now I’m just going to come over here and pick any time frame I want to. I’m going to show it to you on a two minute chart. I’ll show it to you on a little bit longer timeframe too. But I want to walk you through what’s important to pick the direction first. In this example you can see here is a 10.7X trade so based upon the risk reward ratio on the amount of risk that I would have taken on that trade it would have rewarded me 10.7X. Okay. And then here’s the next trade set up ATR of 1.04. That’s okay, I’m cool with that. There’s my entry. There’s my first target. There’s my second target and then there’s my trailing stop-loss. So just on the last quarter that was a point 5X. Now, that’s not entirely accurate. We’re not calculating the amount of money that you’d have made on your first half or for or your quarter here so if we traded in quarter increments so if you got a thousand. Let’s say you’d sell 500 here, 250 here and 250 here as far as shares in CME. It’s only going to calculate that point 5X on that last trailing stop-loss just because it’s an indicator, it’s not a full blown system so it can’t do all the math for you. But that’s still not bad. Let me go into a smaller or a larger timeframe using 15 minutes pretty good and you can kind of walk through and see the same type of trade on a different timeframe. So this one right here would be a minus 1X and that’s fine you’re going to have losses that’s part of trading. It’s going to say okay, here’s your entry at $176.12 your risk is point 90 ATR. Perfect. That’s below 3. I’m good to go. And then 400 shares is my risk because I’m willing to risk about a thousand dollars on this trade target one, target two and the trailing stop-loss here is at $177.70. Keep it simple. Figure out what’s going up what’s going down. And then if you want to trade it Intra-day on smaller timeframes or medium timeframes make sure you know what your entry is, know what your risk is for sure even before you enter. So that you know if it’s if it’s within your risk profile. Have a couple of targets and then look for a crockpot trade so that you can trail that stop and trail stop accordingly. Don’t choke it out it. Don’t trail it too tight to the way wiggles you out and don’t do it so loose the way you don’t make any money. There’s a little bit of science and a little bit the art to it. Mark Helweg and I are going to be doing a special webinar on ‘’How to Potentially Profit from Current Market Volatility’’ by taking smaller risk for potential larger gains. It will take place on. That’s the wrong one. Let me grab. Actually I’m just going to send you to this one. This will be just fine. Jared’s homesick. I know this is Tuesday, October 30th at 8PM EST. It’s actually going to be tomorrow. Let me look up to date really quick for you. It’s going to be November 1st. And I believe it’s at 8PM EST. Let me double check with Karen. I was incorrect. It is tomorrow at 7PM EST. I’m going to HYPERLINK you to this one. I’ll tell Jared to fix it and then you’ll be good to go.  Just got to do is change the date and time here you’ll be solid. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.