Member Swing Trade Ideas August 30, 2016 Members Webinar tonight 8pm EDT
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
CSTM | Bullish Engulf | Rising Method
Double click the trade plan to enlarge
Good Morning, Profit Traders,
The T-Line™ is a powerful timing indicator!
For the past 17 daily bars, the bulls have been stuck at the same intersection between the corner of $217.07 and $219.25, and they still don’t know if they want to move a few blocks north or head south for a few blocks. The Shooting Star sell off is still present and still represents a problem, while a Morning Star is in the making on the SPY (2-day chart). Trade the charts you understand, and remember the trend is your friend.
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
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Members Daily Trade Ideas,
CSTM
TROX
ALJ
VNCE
WAC
XTLY
PMTS
BCC
BW
———Short
ULTA
TTS
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 loses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Based on the close yesterday | Watch for the change
SPY: T-Line™ & 2-hour chart | T-Line below 34-ema
IWM: T-Line™ & 2-hour chart | T-Line above 34-ema
SMH: T-Line™ & 2-hour chart | T-Line below 34-ema
IYT: T-Line™ & 2-hour chart | T-Line below 34-ema
DIA: T-Line™ & 2-hour chart |T-Line below 34-ema
USO: T-Line™ & 2-hour chart | T-Line above 34-ema
UUP: T-Line™ & 2-hour chart | T-Line above 34-ema
VIX: T-Line™ & 2-hour chart |T-Line above 34-ema
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.
VXX S&P 500 VIX Short Term Futures: A close above the T-Line ™ implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.
Energy Sector: XLE, SX90, ERX, USO A close above the T-Line ™ implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.
SMH: A close above the T-Line ™ implies the above short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.
IYT: A close above the T-Line ™ implies the above short-term bullish swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.
US Dollar Index: UUP, DXYO A close above the T-Line ™ implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control. Learn more about the T-Line – Click Here
The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.
Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.
http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.
