Today’s Swing Trade Ideas

No Trade Idea today
My entry plan idea:
My stop plan idea:

The best trading group to hang out with!  Why?   Yesterday AMPE was posted as a buy around $3.70 and soared 20% from its open to high.  SQQQ was the featured trade idea $33.60 – $34.60, looks good on a weaker market.  PDCE was a stock pick on the members’ private list, up 10% from the open to the high yesterday.

Good Morning, 

 Stock, bond markets tumble as Swiss let franc soar LONDON (Reuters) – “Global markets were thrown into turmoil on Thursday as a shock move by Switzerland to abandon its three-year cap on the franc sent the currency soaring and Europe’s shares and bond yields  Click Here

SPY:  Yesterday in the trading room I was asked what I thought the market was going to do today and the next few days?  I answered,based on yesterday’s candle and its bullish formation finding support on the January 6 low, I expect price to move bullishly for the next couple of days and then there would be a very high possibility of continued bearishness.  Unfortunately, the Swiss have chosen to abandon its three-year on the Franc.  This move by the Swiss has taken early morning bullish futures and turned them into bearish futures.  Today is likely to be wild and crazy.

IWM:    Not a bad close yesterday for IWM, just not enough to put me in a bullish state.  Price closed below the T-Line and the big three, not to mention the big lower high staring us in the face.  Unfortunately, the Swiss move will cause a bit of craziness in the market today, plus we have jobs numbers.  The end of the day candle is the most important.  Today it will even be more so.  Be cautious trading because today is likely to be lots of noise.

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.

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 close below the  T-Line ™  implies the bearish short-term swing traders are in control. Possible short term bottom building (Hammer)

TBT: A close below the  T-Line ™ implies the bearish short-term swing traders are in control.  US Dollar Index: UUP, DXYO A close above the  T-Line ™  implies the bullish short-term swing traders are in control. Topping and selling signal printed

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.