Swing Trade Ideas May 1, 2015

Today’s Swing Trade Ideas

NOG/Long (Energy sector) NOG Is currently a featured trade idea and I am featuring it again today because of the bounce off the 50 day simple moving average and the possibility a bullish continuation pattern (Doji sandwich)

More on how to trade NOG in the trading room today at 9:10 am EDT
Possible entry plan idea:  The buy box is from $22.12 to $23.47 or a breakout
Possible stop plan idea:  A close below $22.12 or the T-Line

There is currently a buffet of stocks for the trader looking for long positions and short positions, whether you are a profit trader, swing trader or a day trader.  We encourage you to check out Hit&Run Candlesticks and discover the power of our live trading room.

Meetups
Corpus Christi, Tx. Saturday May 9, 2015
Please contact me for details

Vancouver BC, July 18, 2015
Details coming

Friday “Open Mic”  Friday May 1, 12: PM EDT
Volunteers  Welcome

Profit Scanner Users & Trial Users
Advance Scanner Set-up
Monday, May 4,  Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
You should have the same tools the pros have – 2-Week Free Trial Click Here

Good Morning, 

SPY:  The April 27 Bearish engulf continues to put pressure on the SPY, enough to put yesterday’s close below the 23.6% Fibonacci retracement.  Couple that with  closing below the big three and below the T-Line just adds to the sellers’ pressure.  $210.50 is thebullish number that the buyers will need today to put fear into the sellers.  Below $207.62 and the sellers will put fear into the buyers.
IWM:  IWM in the recent past has been the market leader; clearly it is not today.  IWM has fallen sharply below the big three and very oversold to the T-Line, which means a likely relief bounce.  The closing price yesterday closed below the 38.2% Fibonacci retracement level and came within pennies of tagging the 50% Fibonacci retracement.  IWM did find resting support on the 100-simple moving average.
Trading room password retrieval instructions
From the homepage, click on “Member Login.”
Enter your email address and your personal member credentials, click enter.  You should now see our “Welcome to Our Members Area” and the new trading room password.

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. Remember to check for earnings!

Symbols from TC2000
Members 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.

Symbols formembers only % Date  Long/Short Try our Membership, Check out the Trading Room
4.30.15 Long BOPT
4.28.15 Long BOPT
4.27.15 Long BOPT
4.23.15 Long BOPT
4.22.15 Long Close on weakness
4.14.15 Long BOPT
4.13.15 Long Seeing weakness
4.10.15 Long BOPT
4.1.15 Long BOPT
3.30.15 Long Watch for the PBO
3.26.15 Short Short on weakness
3.25.15 Long Take some profits
3.24.15 Long BOPT
3.19.15 Long BOPT
3.6.15 Long BOPT
3.2.15 Long BOPT
2.25.15 Long Close
2.23.15 Long BOPT
2.17.15 Long BOPT
2.13.15 Long BOPT
2.3.15 Long Watch for the PBO
1.22.15 Long BOPT
1.7.15 Long Close on weakness
12.22.14 Long Close on weakness
7-8-14 Long Below the 50sma is a short

VXX S&P 500 VIX Short Term Futures:  A close above the T-Line ™ implies the bullish short-term swing traders are in control.

Energy Sector: XLE, SX90, ERX, USO  A above the T-Line ™  implies the bullish short-term swing traders are in control.

TBT: A close above the  T-Line ™ implies the above short-term bullish swing traders are in control.

US Dollar Index: UUP, DXYO A close below the  T-Line ™  implies the bearish 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.

Comments are closed.