this video is slightly different because I would like to show you, how I analyze the market.
Everything starts with fundamental analysis. INSIDERS are NOT my FRIENDS, but they know, what´s happening in their company. And I want to play like them. TAL (NYSE:TAL) trade was really interesting for me. I saw higher prices and INSIDERS rapidly increased their LONG positions.
Compared to the SPY (AMEX:SPY) market, decline of TAL was very small!Another LONG sign.
Once we have the fundamental analysis done, we can move on to the Price Action analysis (Support/Resistance, trend-lines, value area, major highs/lows).
And what are the parameters of the trade I took?
Entry: 51.74 SL: 44 PT: 67.01
The video describes what am I focusing on in the markets and I hope it will help you in your own trading.