Today’s Swing Trade Ideas
MUR/Long (Oil and gas ) MUR formed a Bullish Belthold February 19 followed by a Doji then a Bullish Engulf yesterday that closed above the T-Line. MUR has also become a Rounded Bottom Breakout (RBB)
Possible entry plan idea: Buy box entry between $47.40 and $50.75 for the breakout buyers.
Possible stop plan idea: A close below $47.40
More on how to trade MUR in the Live Trading Room 9:10 AM Eastern Trading Room.
***Thanks to the members that are in the trading room for their post of FSLR last week. Many of us are already in a position as the stock gaps up this morning. Remember, gaps are gifts, so don’t be afraid to take some profits.
Good Morning,
SPY: Special note: Janet Yellen is to speak at 10 AM Eastern today. Yesterday was another bullish-weighted day with price closing inthe upper end of the previous candle creating a Bullish Harami candle. Yesterday was also the 14th day of the bullish T-Line run and the seventh day above support. The Bulls continue to show strength as they march on for the mid-$213 target. $210.95 is the number for the SPY to close above to stay in the bullish mode; below $210.95, we start getting into a dip and the possible test of the T-Line, and, of course, a close below the T-Line would put $205 in the crosshairs.
IWM: IWM closed strong yesterday after testing the T-Line early in the morning. Price continues to hold over support while the Bulls maintain strength. Continue to follow the candles for clues and watch how price acts with the T-Line.
This Week’s Economic Calendar—> Click Here
Members Trade Ideas – Members Only
In the members area you will find 10-15 trade ideas every day
Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (maybe more) within the next few days based on the charts. As you know some work and some don’t…Welcome to trading. Please follow your trading rules for entry stops and profits.
Symbols from TC2000
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.
| Symbols formembers only | % | Date | Long/Short | Try our Membership, Check out the Trading Room |
| 2.24.15 | BOPT | |||
| 2.23.15 | Long | Doji-BOPT | ||
| 2.19.15 | Long | Doji-BOPT | ||
| 2.18.15 | Long | Possible Doji-Sandwich -BOPT | ||
| 2.17.15 | Long | Consolidation watch trend line | ||
| 2.13.15 | Long | Wait for Buy Signal | ||
| 2.12.15 | Long | Wait for PBO signal | ||
| 2.10.15 | Long | Close | ||
| 2.9.15 | Long | Wait for PBO signal | ||
| 2.4.15 | Long | Careful | ||
| 2.3.15 | Long | Buy over T-Line | ||
| 1.30.15 | long | T-Line Run | ||
| 1.22.15 | Long | -BOPT | ||
| 1.20.15 | 1.28 Long | Doji-Buy over T-Line | ||
| 1.16.15 | Long | Keep on watch list | ||
| 1.14.15 | Long | Keep on watch list | ||
| 1.12.15 | Long | Close for now- wait for PBO | ||
| 1.7.15 | Long | Doji-Buy over T-Line | ||
| 2.3.15 | Long | Close | ||
| 12.22.14 | Long | -BOPT | ||
| 10-30-14 | Long | Wait for Buy Signal | ||
| 7-8-14 | Long | Consolidation needed-protect profits |
VXX S&P 500 VIX Short Term Futures: A close below the T-Line ™ implies the bearish short-term swing traders are in control.
Energy Sector: XLE, SX90, ERX, USO A close below the T-Line ™ implies the bearish short-term swing traders are in control.
TBT: A close above the T-Line ™ implies the bullish short-term swing traders are in control. This should change today, watch for a close over the T-Line.
US Dollar Index: UUP, DXYO A close above the T-Line ™ implies the bullis short-term swing traders are in control.
The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.
Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.
http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.
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