Rick’s Featured Trade Ideas
DDD/Long (Computer Systems) DDD | T-Line™ Run| Doji Gap | 50% + opportunity
Hit & Run Members and Trading room:
SCX 154%
STRP 146%
TCK 141%
The place serious traders hang out.
DDD| Plan your trade & trade your plan | March 15, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Close below $Members Only
Risk Reward 5:1 depending on entry/exit/stop
SPY Attitude: (Price > T-Line™ > 34-ema Bullish Trend)
7:00am: Don’t know about you but it’s getting hard to stay long when price has been pushing higher, (now 19 days above the T-Line™) The SPY has been dancing in the devils den of resistance for a few days now closing yesterday at the 200-sma. The last half hour of yesterday the bulls seemed to have lost track of their job with the last 30-min forming an Evening Star candle signal which puts $199.60 in the cross hairs. A close Continue Reading
Rick’s Featured Trade Ideas
TCBI/Long (Regional Banks) TCBI | Trending PBO| Hammer Gap | RBB setting up | 20% opportunity
Hit & Run Members and Trading room:
CDE 101%
MEO 49%
PETX 39%
The place serious traders hang out.
TCBI| Plan your trade & trade your plan | March 14, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Close below $Members Only
Risk Reward 4:1 depending on entry/exit/stop
SPY Attitude: (Price > T-Line™ > 34-ema Bullish Trend)
7:00am: This is Fed week, and I suspect the bulls will likely slow down its run with consolidation between $204.40 and $199.80. Below $199.80 and $196.40 could be a resting spot. 19 days closing above the T-Line™. This past week formed a PBO then a J-Hook break out closing Continue Reading
For all the talk of long days – “I had such a long day at work!” – no one ever seems to talk about short days. A short day zips by in a flash. Often this sort of fleeting day occurs when the day is like any other, “business as usual.” You may feel like you’re on autopilot, going through the motions without much thought or passion. In the world of Japanese candlesticks, however, a Short Day candlestick is a simple signal composed of just one candle. Like the Doji and the Long Day, it isn’t very important on its own. Nevertheless, it can play a part in larger and more influential patterns.
Continue Reading
Rick’s Featured Trade Ideas
HF/Long (Real Estate Serviced) HF | Bullish flag J-Hook| T-Line™ Run | RBB setting up | 16% opportunity
Hit & Run Members and Trading room:
EGO +20%
DYN +4% what this one today
PRTY 16%
The place serious traders hang out.
HF| Plan your trade & trade your plan | March 11, 2016
Possible entry plan idea: Buy box $Member Only
Possible stop plan idea: Close below $Member Only
Risk Reward 6:1 depending on entry/exit/stop
SPY Attitude: (Price > T-Line™ > 34-ema Bullish Trend)
6:25am The SPY is gapping up from a Doji flag challenging the recent high ($201.35) and possibly the 200-sma ($202.16).
The weekly chart on the SPY has two possibilities that I see:
- The Doji continuation pattern is successful and reaches the $204.50 area.
- Or we see weakness in the pattern and price slips to test the $196.45 area.
Continue Reading
