Many new to trading lose a large amount of money from trades that they should have never taken because they don’t understand the setup and don’t have an objective approach.
In this Trade Review, we are going to teach you a powerful setup: the Master Trader Bullish 1-2-3 Continuation (+123), which works the same on any time frame.
We will explain why the other concepts used in Master Trader Strategies (MTS) made ZTO a no-brainer setup for a swing or day trade.
ZTO reported earnings pre-market and the price action observed made the setup more powerful as the video explains.
The analysis is explained in nightly letter videos for subscribers.
Master Trader has strategies to trade stocks and options on earnings stocks – both before and after the announcement – to profit from our bias.
Trading after the announcement as with ZTO takes away the gap risk from earnings and often allows for robust moves created from the supply and demand imbalance.
We recommended to our subscribers to buy as a swing trade ZTO over the high of the +123 two-bar Setup
Once in a trade, we are in trade management mode.
Because of the rapid move into resistance, we suggested closing into strength, booking over 12% in two days.
Management updates are sent intra-day by text message to subscribers.
NICE TRADE!
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