NIHD Buyers Produced a Bullish Engulf Are you registered fro Thursday night?

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NIHD Buyers Produced a Bullish Engulf

NIHD buyers produced a Bullish Engulf with followthrough. NIHD has been in a trend for the past 6-months and recently ran into a little resistance that forced NIHD to retreat to the 34-EMA. Immediately a Bullish Engulf was printed followed buy bullish followthrough. Yesterday price rallied and closed over $4.75. We will be looking for a bullish trader over $.75 

On Thursday, July 26, at 8:00 PM Doug Campbell with be hosting a Workshop “Trends With Benefits.”

If you would like to learn more about the workshop Click Right Here.

For more details on the NIHD trade, please click the following link. Get the complete details including Fibonacci details TV2020 trade plan right here

Past performance is not indicative of future returns

Good Trading Rick and Trading Team

SPY • Price and The T-Line

Yesterday the SPY broke and held above the July 18 high and closed with a Doji at $281.61. The buyers are still very much in control with price leading the T-Line and the T-Line trend. If the buyers can’t hold above the T-Line, then the 34-EMA area is the Likely target zone. Did, you know trading in a trend offers a tremendous amount of benefits when it’s traded right?

Thursday evening July 26, HRC/RWO will be teaching about ‘Trends With Benefits”

Click Right Here To Learn More

 

****VXX – As long as the price stays below the T-Line we have no worries, above the T-Line, we worry.

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 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.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Indexes hold key supports

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Indexes hold key supports.

Indexes hold key supportsAlthough a slow and choppy day the indexes hold key supports as they waited for after the bell earnings reports.  Of course, the tech behemoth GOOG was the most anticipated, and once again the company sailed past estimates gaining nearly $50 a share in aftermarket trading.  Futures that flat-lined all day became decidedly bullish and maintained that stance through the night.  Asian and European markets were also bullish overnight and helping the Futures that are currently suggesting a substantial gap up open.

Be careful not to get caught up in earnings euphoria and chase into stocks that are near resistance levels.  Remember, that warm and fuzzy feeling we get from good earnings reports can quickly reverse with so many companies reporting.  I’m not hoping for or anticipating that I’m only reminding everyone we need to remain flexible,  focused and prepared to adjust with market conditions.

On the Calendar

The only potential market-moving report on the Tuesday’s Economic Calendar is the 9:45 AM PMI Composite Flash Report.  Consensus expects the PMI Composite to come in at 56.3, manufacturing at 54.9 and PMI services at 56.4 for July.  We have the FHFA Housing Price Index at 9:00 AM, the Richmond Fed Manufacturing Index at 10:00 AM and two Bond Auctions at 11:30 AM & 1:00 PM to finish up the day.

Earnings reports continue to ramp up with 144 companies reporting today.

Action Plan

Yesterday’s price action was mind-numbingly slow and choppy waiting for the after the bell earnings reports topped by GOOG.  After the reports, the Futures became decidedly bullish and remained so all night.  Asian and European markets also took the queue trading higher across the board.  As I write this, the Dow futures are pointing to a substantial gap up of nearly 100 points.  However, with a large number of earnings reports before the bell this morning that could certainly change.

GOOG blew the doors in its earnings report lending credence to the bullish anticipation of this quarters tech results.  Financial’s were also a bright spot for the market yesterday with many of the big banks starting to recover breaking multimonth downtrends.  With so many companies reporting this week keep in mind that price action can be very fast and challenging to trade even for experienced traders.  While it’s true, the market looks bullish and likely to gap up today that can easily reverse as companies report.  Stay nimble and plan your risk carefully.

Trade Wisely,

Doug

[button_2 color=”green” align=”center” href=”https://youtu.be/8IVGXaryCkU”]Morning Market Prep Video[/button_2]

DLTH Setup and Trade Plan

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Today’s Featured Trade Idea is DLTH.

You can read more about this trade in Rick’s blog post here.  Members can also see his detailed review in the trading room at 9:10am Eastern.  For now, here is my analysis and a potential trade plan made using our Trader Vision 20/20 software.

DLTH has had a strong bullish rally the last 1-2 months, with a couple little pullbacks to keep from getting over-extended. It has just broken out of a J-hook and has held the b/o level the last 2 days (proving that level is Support).  I will be looking for even more proof the Bulls are in control, by making it break above the pre-J-hook high, using the highs at the bottom of the pullback to define my Stop and using the areas that align between weekly S/R levels and a Daily Fib Extension as my 2 Targets.

Trader Vision tells us we have about 6 weeks until Earnings and 6 Bullish conditions going for the trade (versus no Bearish ones). It also shows us this Trade Plan has a good size (3.69% of Account), with only $130 of risk to Stop, versus a potential reward of $473 (3.62:1) at the first Target. If we sold half there and made the 2nd Target, we’d get 4.76:1 Reward/Risk ($621 profit) on the trade for an overall 16.29%.  TV20/20 also shows us that we do not even need to reach the first Target to be able to book our Trade Goal profit ($350). So this is a very nice plan.

Below is my markup of the chart and the trade plan as laid out by Trader Vision 20/20.  As a bonus, if you click the green button below, you’ll be able to watch a video of the chart markup and trade planning process.

 

The DLTH Trade Setup – As of 7-23-18

DLTH as of 7-23-18

 

The Trade Plan

DLTH Trade Plan 7-24-18

 

Note how Trader Vision 20/20 does so much of the work for you.  Knowing the ratio of Bullish Conditions to Bearish ones as well as the overall risk of the position size, risk to Stop out and the Reward possible at each Target price can help a great deal with controlling our emotions.  Knowing the dollar impact of every scenario ahead of time, allows us to make calm decisions during the trade.  It really takes the pressure off.  No guesswork.  No surprises.  No emotional roller coaster.

To see a short video of this trade’s chart markup and trade planning, click the button below.

 

[button_2 color=”light-green” align=”center” href=”https://youtu.be/JIpnLZ9_XuU” new_window=”Y”]Trade Plan Video[/button_2]

 

Put the power to Trader Vision 20/20 to work for you…

[button_2 color=”orange” align=”center” href=”https://hitandruncandlesticks.com/product/trader-vision-20-20-monthly-subscription2/” new_window=”Y”]TV20/20 Software[/button_2]

 

 

Testimonial

Trader Vision immediately simplified the process…immediately it provided that information and guidance to me. I knew what I would risk for how much reward, I began taking trades off at the 1st target, 2nd target, I was no longer holding all my trades for the homerun. I also began implementing the stop losses if and when they were reached, not just hoping the stock would recover.  It then became easier to see what patterns were working for me and which were not.  It provided a much more relaxed and stress-free environment. –Joan G

 

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Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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DLTH IS A Perfect Trend With Benefits Trading Workshop July 26, are registered?

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DLTH IS A Perfect Trend With Benefits

DLTH is a perfect trend with benefits, knowing how to buy the breakout near $19.15 for a 16% swing or buy Morning Star around $22.80 for a 10% swing or even still own it for a 31% trade because you understand the Benefits Of A Trend. DLTH is set up again! The 7/11 Bullish Engulf lead to a Pop Out of the Box setup that leads to buyers. We are looking for a 20% trade on a $25.15 entry.

Learn more about trends, price action, and chart patterns are the key to success. On Thursday, July 26, at 8:00 PM Doug Campbell with be hosting a Workshop “Trends With Benefits.” If you would like to learn more about the workshop Click Right Here.

For more details on the DLTH trade, please click the following link. Get the complete details including Fibonacci details TV2020 trade plan right here

Past performance is not indicative of future returns

Good Trading Rick and Trading Team

 

HRC Monthly Trading Results Right Here  Each, and every day we not only share trade ideas we also share how we plan to trade them.

Monthly • Quarterly • Semi-Annual • Annual • Private 2-Hour Coaching

SPY • GOOG Beats

The SPY closed with a little Bullish Engulf at the end of a Flag with the T-Line as support. And because of GOOG earnings, the futures are up, and the SPY is premarket challenging our $281.00 resistance line. I have moved our support line up to $279.50 and the next bull challenge line to $286.50 January 2018 High

****VXX – As long as the price stays below the T-Line we have no worries, above the T-Line, we worry.

Members Login for what Rick is adding to his trade watch list Right Here

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

[button_2 color=”green” align=”center” href=”https://ob124-e13140.pages.infusionsoft.net” new_window=”Y”]Trends With Benefits Workshop July 26, 8:00 PM [/button_2]

Testimonial

This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

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 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.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Earnings

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Earnings

EarningsEarnings season can be challenging for even the most experienced traders.  With the NASDAQ and many of the stocks that make up the index at or near all-time highs, they will be under tremendous pressure to perform.  An earnings beat can still disappoint the market if the anticipation was too high.  Believe me, I want earnings to be good and for the market to move higher but I can’t help but notice that some of these companies look quite extended.  So be careful and guard yourself against getting caught up in the drama.

Remember anything is possible at earnings, and if your biased or become emotional you’ve compromised, you’re decision-making ability.  Hold to your rules, stay focused on price and avoid gambling.  It could be a wild week of big morning gaps and whipsaws so buckle up and trade wisely.

On The Calendar

Existing Home Sales at 10:00 AM Eastern is the sole potential market-moving report on the Monday Economic Calendar.  Forecasters came to a June consensus of 5.450 million annualized rate increased only slightly from 5.430 in May.  Other than that we have The Chicago Fed National Activity @ 8:30 AM and three bond events between 11:00 AM and 11:30 AM to close the calendar day.

A big week on the Earnings Calendar with over 800 companies and nearly 1/3 of the of the S&P-500 reporting this week.  Make sure you are checking earnings reporting dates before making decisions on trades.

Action Plan

We should expect a wild and wooly with the possibility of big morning gaps and intraday whipsaws as over 800 companies step up to report earnings.  Expectations of bullish reports seem to be quite high, and many stocks have rallied in anticipation.  Keep in mind with high expectations even good reports could find sellers with the market having expected even more.

Expect fast price action with all the pent-up earnings drama spilling out at the market open.  Turn off the financial news or risk getting caught up in the drama becoming biased and end up making emotionally based decisions.  Focus on price and remember this is the perfect environment for whipsaws.  Last week the Bulls did a very good job of holding the indexes above key support levels.  A bullish sign to be certain but with may stocks like AMZN and FB at or near record highs before earnings there is a lot of pressure to perform.  Plan your risk carefully and remain flexible and be prepared for challenging price action.

Trade  Wisely,

Doug

[button_2 color=”green” align=”center” href=”https://youtu.be/k6EjJKI1jmw”]Morning Market Prep Video[/button_2]

Bullish Cradle Pattern 4-Hr Chart Workshop July 26th

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Bullish Cradle Pattern 4-Hr Chart

TPB has presented us with a Bullish Cradle Pattern on The 4-Hr Chart with follow-through and a T-Line Run over the next five candles. The daily chart has printed a Bullish Morning Star Pattern, and the star was a higher low. The weekly chart is a picture of a beautiful Bullish T-Line Run and currently painting a Bullish Pop Out of The Box Pattern.

TPB is a trending chart that has presented us with no less than six benefits to trading a trend. On Thursday, July 26, at 8:00 PM Doug Campbell with be hosting a Workshop “Trends With Benefits.” If you would like to learn more about the workshop Click Right Here.

For more details on the TPB trade, please click the following link. Get the complete details including Fibonacci details TV2020 trade plan right here

Past performance is not indicative of future returns

Good Trading Rick and Trading Team

 

HRC Monthly Trading Results Right Here  Each, and every day we not only share trade ideas we also share how we plan to trade them.

Monthly • Quarterly • Semi-Annual • Annual • Private 2-Hour Coaching

SPY • Big Earnings Week

The battle is on with the buyers and sellers on who will win the T-Line. Friday the buyers held us above the T-Line but closed weak, this morning’s futures suggest the sellers are a bit more prepared than the buyers. A close below $277.15 would put the sellers in the driver’s seat to about $273.60 which is the bottom of the channel. Remember lots of earnings this week!

VXX – As long as the price stays below the T-Line we have no worries, above the T-Line we worry.

Members Login for what Rick is adding to his trade watch list Right Here

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

To learn more about our trading tools join us in the trading room or consider Private Coaching.

Testimonial

This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

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 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.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

TPB Setup and Trade Plan

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Today’s Featured Trade Idea is TPB.

You can read more about this trade in Rick’s blog post here.  Members can also see his detailed review in the trading room at 9:10am Eastern.  For now, here is my analysis and a potential trade plan made using our Trader Vision 20/20 software.

TPB is sitting at an all-time high after just breaking out of a Triangle pattern on Friday. It has also printed a couple recent Morning Star signals, indicating the Bulls are still in control.  I will be looking for a breakout Entry using a Stop below the $32.20 Support level and Fib Extension Targets at the 38.2% and 61.8% levels. With 2.5 weeks until Earnings and no overhead resistance, TPB has a chance to make a little Bull run here.

TV20/20 tells us we should have 2.5 weeks until earnings and that the chart shows 5 Bullish conditions versus only the 1 Bearish. We can also see that we can reach our Trade Goal before even hitting the first Target price.  At that first Target, we’d be getting a 2.77:1 Reward/Risk on our $132 risk (to initial Stop) and if we were to follow the plan and reach Target #2, the overall trade would deliver 3.81:1 ($503.50). This seems like a pretty nice setup, all things considered.

Below is my markup of the chart and the trade plan as laid out by Trader Vision 20/20.  As a bonus, if you click the green button below, you’ll be able to watch a video of the chart markup and trade planning process.

 

The TPB Trade Setup – As of 7-20-18

TPB as of 7-20-18

 

The Trade Plan

TPB Trade Plan for 7-23-18

 

Note how Trader Vision 20/20 does so much of the work for you.  Knowing the ratio of Bullish Conditions to Bearish ones as well as the overall risk of the position size, risk to Stop out and the Reward possible at each Target price can help a great deal with controlling our emotions.  Knowing the dollar impact of every scenario ahead of time, allows us to make calm decisions during the trade.  It really takes the pressure off.  No guesswork.  No surprises.  No emotional roller coaster.

To see a short video of this trade’s chart markup and trade planning, click the button below.

 

[button_2 color=”light-green” align=”center” href=”https://youtu.be/sgQtiojDH_c” new_window=”Y”]Trade Plan Video[/button_2]

 

Put the power to Trader Vision 20/20 to work for you…

[button_2 color=”orange” align=”center” href=”https://hitandruncandlesticks.com/product/trader-vision-20-20-monthly-subscription2/” new_window=”Y”]TV20/20 Software[/button_2]

 

 

Testimonial

Trader Vision immediately simplified the process…immediately it provided that information and guidance to me. I knew what I would risk for how much reward, I began taking trades off at the 1st target, 2nd target, I was no longer holding all my trades for the homerun. I also began implementing the stop losses if and when they were reached, not just hoping the stock would recover.  It then became easier to see what patterns were working for me and which were not.  It provided a much more relaxed and stress-free environment. –Joan G

 

***************************************************************************************************

Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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