Big Profits From Rounded Bottom Breakout

SCHN is presenting us the possibility of big profits from the Rounded Bottom Breakout. The Bull Kicker from last week is now an RBB setup with a Doji continuation pattern. Price action is over the 50-SMA and the V-Stop has turned green. I currently see a 15-20% trade depending exactly where it is entered and closed.

Tuesday Night GiveAway

During the Tuesday night eLearning October 30, I will be giving away a couple of free membership (everyone is eligible).  Register by going to My YouTub channel, give a thumbs up and write a comment or ask a question in the comment area of any one of the last three videos. No need to be present to win

Today’s Featured YouTube Video is Japanese Candlestick Trading Strategy: Please don’t forget to subscribe to me FREE YouTube Channel

Are You A Day Trader?

Top Gun Day Trading is a new division of Hit and Run Candlestick division. Check it out FREE until, October 31.

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

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SPY • Friday Doji

The SPY found a new Friday with about 3.25% trading range from top to bottom. The long-legged Doiji Friday like the candles preceding it is still in a downtrend controlled be the sellers. So what would the chart look like if the buyers could turn it around? 1) Price would be above the downtrend line. 2) The V-Stop would be green and below the Price Action. 3) You would see at least on Higher Low and Higher Higher High.

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****VXX – The VXX looks as if it may want to rest a few days

YouTube Videos

Trading at the Beach • How to set up the T-Line Regression Lines • MetaStock Automated • Trading the T-Line Trap • Shorting the Blue Ice Pattern

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Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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