YRCW – Bullish PBO With The T-Line

YRCW (YRC Worldwide Inc. After pulling back to major moving average support price rallied and now a Bullish PBO with the T-Line. The T-Line is near price action support, and the pullback has not been aggressive.  YRCW is a perfect candidate for the planned trade watch list.

Let’s all take a moment for our trading friends in Florida, Texas and the events of September 11, 2011

Learn more about Hit and Run Candlesticks, and today’s trade idea and plan plus the 10 or more members trade ideas, starting at 8:45 EST AM every morning with the HOG and then Rick at 9:10 EST. Every day we teach and trade using the T-Line, Candlesticks, Support and Resistance, Trends, chart patterns and continuation patterns.

►Trade Updates – Hit and Run Candlesticks

Friday we took on a new long, and by the end of the day we are up 5.88% (Love it)

Are you having trouble putting together a winning trade? Not sure what scans to use? So near to having multiple winning trades, but something always goes wrong. Maybe a couple hours with a trading coach could make all the difference in the world. Hit and Run Candlesticks has 4 trading coaches – Learn More about the Coaches

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your trading education here at the Hit and Run Candlesticks, Right Way Options, Strategic Swing Trade Service and Trader Vision.

► ARWR – You would be up about 69.2% or $127.00

If you bought 100 shares when we posted to our members on August 7. Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Chart Patterns, Support, and Resistance.

► Eyes On The Market (SPY)

On the SPY price formed a Doji on the T-Line. The last 8 bars created a Bullish Run and a Bullish Pullback. $247.30 will be a number the Bulls want to beat and hold this week. Above $246.30 the Bulls will have the ability to advance and test the Highs. Note the 34-EMA is trending in a Bullish fashion.  There is no doubt we have to trade with volatility and chop.  Just remember you are the boss, you make the trade choices and rules.

► What is a Trade Idea Watch-list?

A trade idea watchlist is a list of stocks that we feel will move in our desired direction over a swing trader’s time frame.  That time could be one to 15 days for example. From that watch list, we wait until price action meets our conditions for a trade.

Rick’s personal trade ideas for the day MEMBERS ONLY

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Investing and Trading involve significant financial risk and are not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.