Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
EMES Long |Bullish Inverted H&S| Bullish Wedge
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
T-Line™ below the 34-ema (SPY) — Funny, I see reports that the Wall Street Journal and several news blogs are now getting concerned about the strength of the market. HOLY CRAP, Batman! For the past 26 days, we have been shouting this. It is crazy how traders hang on to their emotions for so long when the chart is staring them right in the face.
As a swing trader, all we have to do is learn a few charts patterns, understand what price action is using candlesticks signals, have an understanding of support and resistance, and let’s not forget the magic of a trend. The SPY and the market, in general, is under bear pressure. Just look at the SPY, IWM, DIA, and the QQQ.
WAC reached higher, up another 5.71% for a total 46.83%
ARLP closed higher, up another 2.84% for a total 32.08%
TPC slide lower, 4.03% yesterday for a total gain of 10.61%
Click Here to be on the Double-Digit winning team
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
EMES Long |Bullish Inverted H&S| Bullish Wedge
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
T-Line™ below the 34-ema (SPY) — Funny, I see reports that the Wall Street Journal and several news blogs are now getting concerned about the strength of the market. HOLY CRAP, Batman! For the past 26 days, we have been shouting this. It is crazy how traders hang on to their emotions for so long when the chart is staring them right in the face.
As a swing trader, all we have to do is learn a few charts patterns, understand what price action is using candlesticks signals, have an understanding of support and resistance, and let’s not forget the magic of a trend. The SPY and the market, in general, is under bear pressure. Just look at the SPY, IWM, DIA, and the QQQ.
WAC reached higher, up another 5.71% for a total 46.83%
ARLP closed higher, up another 2.84% for a total 32.08%
TPC slide lower, 4.03% yesterday for a total gain of 10.61%
Click Here to be on the Double-Digit winning team
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
EMES
OCN
AVP
CRK
ARLP
THC
FLO
———Short
DKS
EXAS
IRM
ACXM
CVLT
YELP
URBN
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Good morning everyone
Do my eyes deceive me? A market open without a major gap. A rare occurrence of late to be sure! As nice as that is to see the fact is the market continues to be down-trending and locked into a very small chop zone.
I plan to remain cautious largely sitting on my hands patiently waiting a market direction to appear. I certainly understand how frustrating this can be however it’s far better than bleeding capital daily in this chop.
The earnings reports are picking up so I highly suggest making sure you know when companies you hold are reporting as well as checking those you are thinking of entering. Failing to do so can inflict pain you really don’t want to experience.
Trade Wisely,
Doug
Click Here to Watch the Morning Video
Good morning everyone
The market is very happy this morning with the big earnings beat from NFLX. The market was expecting less than a $10 move but the stock is gaping nearly $20 higher this morning. At 8:30 we have a potentially market moving CPI reading. There are a couple other reports that can move the market but it’s unlikely that they will.
Just because the market is gapping up does not mean we should get all excited and chase this gap. Even with the opening pop, it should be noted that nothing has really changed as of now. The market is still in a downtrend and we continue to be stuck in a very narrow range. How many times have we seen in the last month a gap up that has been sold into over the next couple days? Fool me once shame on you, fool me twice shame on me.
There is absolutely no need to rush. Keep your emotions in check by planning your trades carefully and waiting for the trade entry to come to you.
Trade Wisely,
Doug
Click Here to Watch the Morning Video
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
EVH short |3-day Evening Star| Blue Ice Failure
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
T-Line™ below the 34-ema (SPY) — Thursday, Friday, and Monday printed a Low, a High, and a Higher Low. The futures this morning is suggesting the bulls may try and reach for the $214.50 area. Remember our charting rules; this would be nothing more than a relief rally until the bearish trend line is broken.
Take the hard right edge price out of the picture and you have a clear trend using the T-Line™ and the 34-ema. The 2-ema and the 3-ema are also still trending below the T-Line™.
2-hours with a Trading Coach can be a game changer!
We have 4 coaches that can help you jump hurdles and reach your trading goals. You can read each bio to help you decide which coach would be better for you.
https://hitandruncandlesticks.com/coaching/
Ed Carter
Steve Risner
Doug Campbell
Rick Saddler
WAC reached higher, up another 9.38% for a total 38.89%
CZZ closed higher, up another 1.31% for a total 18.41%
Did you know we have closed 6 double digit winners in the last 30-days and currently in a double-digit winner? That’s 84 DOUBLE DIGIT WINNERS a year!
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
EVH short |3-day Evening Star| Blue Ice Failure
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
T-Line™ below the 34-ema (SPY) — Thursday, Friday, and Monday printed a Low, a High, and a Higher Low. The futures this morning is suggesting the bulls may try and reach for the $214.50 area. Remember our charting rules; this would be nothing more than a relief rally until the bearish trend line is broken.
Take the hard right edge price out of the picture and you have a clear trend using the T-Line™ and the 34-ema. The 2-ema and the 3-ema are also still trending below the T-Line™.
2-hours with a Trading Coach can be a game changer!
We have 4 coaches that can help you jump hurdles and reach your trading goals. You can read each bio to help you decide which coach would be better for you.
https://hitandruncandlesticks.com/coaching/
Ed Carter
Steve Risner
Doug Campbell
Rick Saddler
WAC reached higher, up another 9.38% for a total 38.89%
CZZ closed higher, up another 1.31% for a total 18.41%
Did you know we have closed 6 double digit winners in the last 30-days and currently in a double-digit winner? That’s 84 DOUBLE DIGIT WINNERS a year!
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
MOBL
FRGI
RSPP
FSLR
RT
——-Short
HD
DKS
SPNC
WWW
RICE
EVH
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
LABD Long | Bullish Engulf | RBB Pattern
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
Coaching with Hit & Run Candlesticks and Right Way Options
We have 4 coaches that can help you jump hurdles and reach your trading goals. You can read each bio to help you decide which coach would be better for you.
https://hitandruncandlesticks.com/coaching/
Ed Carter
Steve Risner
Doug Campbell
Rick Saddler
HRC member trade ideas
S Long, up another 3.84 for a total 60.50%
FRAN Long, Stair stepping, up now 33.71%
SSRI Short, trending down, 18.57% for subscribing members
LGND Short, Blue Ice Failure and 20% for subscribing members
Save $255.00 with an HRC Annual Membership
Save $203.00 with an RWO Annual Membership
T-Line™ below the 34-ema (SPY) — The SPY closed down Friday $1.57 from its Friday high failing to close above $214.50. Friday was the fourth-day price closed below the T-Line™ and today is likely to do the same. In all important time frames, the SPY is weak and the bears have the upper hand.
$214.50 is still the number to beat; downside numbers are $210.26-ish and $2017.70-ish.
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Continue Reading
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
LABD Long | Bullish Engulf | RBB Pattern
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
Coaching with Hit & Run Candlesticks and Right Way Options
We have 4 coaches that can help you jump hurdles and reach your trading goals. You can read each bio to help you decide which coach would be better for you.
https://hitandruncandlesticks.com/coaching/
Ed Carter
Steve Risner
Doug Campbell
Rick Saddler
HRC member trade ideas
S Long, up another 3.84 for a total 60.50%
FRAN Long, Stair stepping, up now 33.71%
SSRI Short, trending down, 18.57% for subscribing members
LGND Short, Blue Ice Failure and 20% for subscribing members
Save $255.00 with an HRC Annual Membership
Save $203.00 with an RWO Annual Membership
T-Line™ below the 34-ema (SPY) — The SPY closed down Friday $1.57 from its Friday high failing to close above $214.50. Friday was the fourth day price closed below the T-Line™ and today is likely to do the same. In all important time frames, the SPY is weak and the bears have the upper hand.
$214.50 is still the number to beat; downside numbers are $210.26-ish and $2017.70-ish.
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Continue Reading
Good morning everyone
As I write this the Dow futures are pointing toward a negative open but some big profile earnings reports prior to the open, a couple big economic reports after the open and Fed speak, how we close the day is anyone’s guess. What we do know as fact is that Friday left us with a bearish candle on the DIA and the SPY once again reacting negatively to the upper boundary of the downtrend. On the other hand, we are also near the support that has kept us locked into a very narrow range of chop.
Being bullish or bearish at the moment would be nothing more that guess reflecting your personal bias. Be careful because anything is possible with the potential for very large moves in price.
Personally, I want to stay very small and limit my trading until this chop has resolved into an uptrend or downtrend. I really don’t care which direction.
Keep in mind after the close we kick earnings of the big tech’s with IBM and NFLX.
Trade Wisely,
Doug
Click Here to Watch the Morning Video
Good morning everyone
It’s Friday! This has been a very tough week, and I for one will be very happy to have it fade into memory. Today we have have had some big banks reporting earnings. The reports were positive and so we gap once again in the pre-market. Yesterday’s open to today’s open is nearly 200 Dow points apart. Feeling chopped up? You’re not alone.
We have 3 Fed speakers today which could easily reverse the happy sentiment we see in the futures this morning. We also have several economic reports that could move the market around this Friday. Be careful!
The RWO E-Learning normally the 3rd Saturday will be postponed until next Saturday due to my father-in-law’s funeral. Also, I will be conducting the RWO room today in room 1. The password will be removed so everyone can attend.
From lunchtime on I will be hit and miss today with lots of folk coming in for the funeral. If you send me an email or PM’s there is a very good chance I won’t be able to get to them.
I wish you all a fantastic weekend.
Trade Wisely,
Doug
Click Here to Watch the Morning Video
