Rick’s Featured Trade Ideas

CUDA/Long (Communication) Trend line support | RBB| PBO support |  Morning Star

CUDA| Plan your trade & trade your plan | March 29, 2016
Possible entry plan idea:   Buy box $Members Only
Possible stop plan idea:   Close below $Members Only
Risk Reward 6:1 depending on entry/exit/stop

SPY and T-Line Swing Trade Attitude: 60-min T-Line < 34-ema
7:00 am:  Price will slide below the T-Line™ today; whether or not it stays there is something we’ll have to wait for.  The SPY has enjoyed a very nice rally from mid-February until March 17.  On March 22, the SPY showed signs of weakening and not enough energy to push higher.  On March 24, the SPY gapped down below the bullish trend line, and this is a sign of weakness compared to its recent trend.  March 17 to the 22nd also ran into a great deal of horizontal resistance in Continue Reading

Rick’s Featured Trade Ideas

OUTR/Long (Retail) Minor target 12% | RBB| Inv. Hd & Shold. |  PBO above 35.15

OUTR| Plan your trade & trade your plan | March 28, 2016
Possible entry plan idea:   Buy box $Members Only
Possible stop plan idea:   Close below $Members Only
Risk Reward 6:1 depending on entry/exit/stop

SPY Attitude:  4-hr Price > T-Line™ |
7:00 am:   Thursday the SPY gapped down tagging the 200-period moving average and then closing up to the T-Line™.  Thursday’s candle could possibly be the PBO candle that the PBO traders are looking for. It will be important for the Bulls to take a stand today, and at the very least, they need to hold     $201.05
Continue Reading

Rick’s Featured Trade Ideas

Good Morning Profit Traders, No featured trade idea today. Today is a day we should really consider what we own and should we own it, of course if your stops are in there should not be a BIG problem. With a 3 day weekend and all the crazy in the world right now easing up on position size and fewer positions might be the way to go.

Cheers,
Rick

SPY Attitude:  Daily Price < T-Line™ | 30-min Price < T-Line™
7:00 am:   For the last few days, I have been warning that the market is getting stretched and needs a rest.  It is very important for swing traders to be pros when it comes to timing the market; even if the market contracts a small percent, it could have a dramatic change on the positions you may be in.   Yesterday I wrote: “If Continue Reading