Rick’s Featured Trade Ideas
CARA/Long (Healthcare) RBB | T-Line™ Run | Support | Doji/Bullish Engulf | Morning Star family
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CARA| Plan your trade & trade your plan | April 13, 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: 2-ema vs T-Line™ Short term bulls in control
7:00 am: The Bulls were able to close back over the T-Line yesterday and above the $204.00 support line. A look at the morning futures suggests the Bulls will try and could possibly succeed breaking out of the sideways chop that we’ve been in the past couple weeks. A successful Continue Reading
Rick’s Featured Trade Ideas
CARA/Long (Healthcare) RBB | T-Line™ Run | Support | Doji/Bullish Engulf | Morning Star family
Learn more in the members area
CARA| Plan your trade & trade your plan | April 13, 2016
Possible entry plan idea: Buy box $6.85- $7.35
Possible stop plan idea: Close below $6.44
Risk Reward 4:1 depending on entry/exit/stop
SPY: 2-ema vs T-Line™ Short term bulls in control
7:00 am: The Bulls were able to close back over the T-Line yesterday and above the $204.00 support line. A look at the morning futures suggests the Bulls will try and could possibly succeed breaking out of the sideways chop that we’ve been in the past couple weeks. A successful Continue Reading
Rick’s Featured Trade Ideas
BTG/Long (Basic Materials) T-Line™ Run | Dbl Bottom| Breakout | J-Hook Continuation pattern
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BTG| Plan your trade & trade your plan | April 12, 2016
Possible entry plan idea: Buy box $Members only
Possible stop plan idea: Close below $Members only
Risk Reward 9:1 depending on entry/exit/stop
SPY vs T-Line™ Price < T-Line™ Choppy market
7:00 am: S-i-d-e W-a-y-s M-a-r-k-et… After the April 1 high, the market has slipped into a short-term sideways trance. Last week I spoke of the $204 level being important for the bull to defend and the bears to capture, and it still remains an important hill for both sides. If the bears capture the $204.00 hill, the next battle should take place around $201.75.
Hanging Man, take a look at your 3-day chart and you should see 2 Hanging Men dangling the legs right in front of us. Read more about the Hanging Man.
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Rick’s Featured Trade Ideas
ETE/Long (Energy) RBB | Dbl Bottom| Morning Star | Continuation pattern
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ETE| Plan your trade & trade your plan | April 11, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Close below $Members Only
Risk Reward 8:1 depending on entry/exit/stop
SPY vs T-Line™ 2-ema > T-Line™ Choppy market
7:00 am: Last week the SPY pretty much crawled along the $204.00 support line, and according to the morning futures today, we are opening above the $204.00 support line. Above $204.65, the Bulls may be trying to put a run together; below $203.95 and the bears may be starting to wake up. The earnings Continue Reading
