Morning Video Posted at 8:39 AM EDT
Public Swing Trade Ideas 11-29-2016
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
ESND Long | Inverted Head & Shoulder | RBB | Continuation pattern
Double click the trade plan to enlarge.
This not a recommendation to buy. I am simply sharing a trade I am considering.
Good Morning, Profit Traders,
From a bull’s eye: Is the market tired and in need of a rest? IWM ended the day with an Evening Star Signal which suggests well-deserved profits are being peeled off.
Yesterday early on I mentioned to the trading room I would be keeping my eye on the hourly chart and you can see the channel tightening at the top and the sellers attack the lower support line with success.
The daily Evening Star Signal on the IWM chart suggest a lower low today, in the very near future, we could see a test of $130.90.
Follow Hit and Run Candlesticks for your updates.
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
Member Swing Trade Ideas 11-29-2016
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
ESND Long | Inverted Head & Shoulder | RBB | Continuation pattern
Double click the trade plan to enlarge.
This not a recommendation to buy. I am simply sharing a trade I am considering.
Good Morning, Profit Traders,
From a bull’s eye: Is the market tired and in need of a rest? IWM ended the day with an Evening Star Signal which suggests well-deserved profits are being peeled off.
Yesterday early on I mentioned to the trading room I would be keeping my eye on the hourly chart and you can see the channel tightening at the top and the sellers attack the lower support line with success.
The daily Evening Star Signal on the IWM chart suggest a lower low today, in the very near future, we could see a test of $130.90.
Follow Hit and Run Candlesticks for your updates.
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
Harami Cross Candlestick Pattern
Last Updated: November 28, 2016
You know what a doji looks like, right? And I bet you’re familiar with the Harami, another essential signal, as well. If you know those two basic signals, spotting and understanding a Harami Cross candlestick pattern should be a cinch. This signal resembles the classic Harami, except the very small second candle of the Harami is replaced by a simple doji that resembles a cross sign. Depending on the price movement and the current trend, the Harami Cross can be bullish or bearish. However, no matter what its color and no matter what its trend, do not risk ignoring this pivotal pattern.
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Morning Video Posted at 8:22 AM EDT
Good Morning Friends and Happy Monday.
It would appear that the market has a bit of an attitude this morning suggesting a gap lower or about 60 points. This seems to mostly be due to falling oil prices with the news that the OPEC is having trouble finalizing it’s production agreements. A pullback in certainly in order due to the huge run up after the election. A healthy pullback would most likely set up some very good trade entries so bring it on I say.
There is nothing on the economic calendar but let’s not forget today is Cyber Monday and we could easily see light volumes as shoppers seek to bag the big discounted items for Christmas.
There are a lot of really nice looking charts out there so we will plenty to choose from as we work our way through December and into 2017.
Trade Wisely,
Doug
Public Swing Trade Ideas 11-28-2016
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
SQ Long | 3-day Cup & Handle | Ascending Triangle | PBO-Bullish Engulf
Double click the trade plan to enlarge.
This not a recommendation to buy. I am simply sharing a trade I am considering.
Good Morning, Profit Traders,
From a bull’s eye: (SPY) Price continues to trade and close above the High T-Line™ Band. Until the High band is violated we will keep riding the bull.
No trader is denying the bulls are in total control and no trader is denying the market is very overbought. Being overbought is not a reason to close longs and run to shorts but it is a condition that we should be aware of.
I see support on the SPY daily chart near $218.85 and that is very near the 23.6 Fib retracement. On the 1 hour chart, I see support near $220.50
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
Member Swing Trade Ideas 11-28-2016
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
SQ Long | 3-day Cup & Handle | Ascending Triangle | PBO-Bullish Engulf
Double click the trade plan to enlarge.
This not a recommendation to buy. I am simply sharing a trade I am considering.
Good Morning, Profit Traders,
From a bull’s eye: (SPY) Price continues to trade and close above the High T-Line™ Band. Until the High band is violated we will keep riding the bull.
No trader is denying the bulls are in total control and no trader is denying the market is very overbought. Being overbought is not a reason to close longs and run to shorts but it is a condition that we should be aware of.
I see support on the SPY daily chart near $218.85 and that is very near the 23.6 Fib retracement. On the 1 hour chart, I see support near $220.50
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
Public Swing Trade Ideas 11-25-2016 Post time - 7:14 AM/EST
Rick’s Featured Trade Ideas
Members Trade Ideas below (click read more) no featured trade idea today.
Good Morning, Profit Traders,
From a bull’s eye: A bullish T-Line™ Run is in progress on the SPY as of the close. Wednesday’s price action and candle formation suggest the buyers outnumber the sellers.
I have SPY support at $219.60. A close below $219.60 could put $217.85 to the test.
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
Member Swing Trade Ideas 11-25-2016 post time - 7:11 AM/EST
Rick’s Featured Trade Ideas
Members Trade Ideas below (click read more) no featured trade idea today.
Good Morning, Profit Traders,
From a bull’s eye: A bullish T-Line™ Run is in progress on the SPY as of the close. Wednesday’s price action and candle formation suggest the buyers outnumber the sellers.
I have SPY support at $219.60. A close below $219.60 could put $217.85 to the test.
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
