SPDR S&P 500 ETF TRUST
Long

TAL confident TRADE - INSIDERS FOMO entry???

219
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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