Fineight

TAL confident TRADE - INSIDERS FOMO entry???

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Hi traders,

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 ( TAL ) trade was really interesting for me. I saw higher prices and INSIDERS rapidly increased their LONG positions.

Compared to the SPY ( 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.

Good trading!
Jakub
FINEIGHT
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