Trade The Direction Of The Market
One of our subscribers said in the trading room yesterday “So nice to be trading in the direction the market is moving; There was a time I would hold on to a position for months or years.”
The SPY has lost over 5% in the past nine trading days, failing the 50 Day-SMA and now testing the Dotted Duece FWL200. The SPY is very oversold now, so a bounce is near but I doubt it will help much. I believe the 200 day-SMA will be eventually be tested after some sort of relief rally. I have no doubt the market will turn around but only after a complete reversal pattern has been constructed. There were two traders and a pot of gold, one trader was patient and one not so much. Who do you think won the pot of gold?
Road Trip with A Trend
My Promise To You…. is to teach what works from having 30 years of trading teaching and coaching experience. And, to share with you the knowledge and tools you need to trade continuation patterns with ease and resulting profits!
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The 15% Bonus Discount Will End Soon
Fact! All profitable swing trades come from some continuation pattern.
Benefits of Using Continuation Patterns
- Number 1 reason… easy to profit from the patterns
- Easy to train your eyes for spotting the patterns
- Easy to scan for the patterns
- Easy to enter the pattern
- Easy to set protective stops
- Easy to trade the pattern
- Trade time ranges from overnight to about 20 days
Investing and Trading involve significant financial risk and is 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.
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