Member E-Learning 2-9-2016
Swing Trade Ideas February 24, 2016
Rick’s Featured Trade Ideas
MCD/Short (Restaurants) MCD is forming a H&S pattern | BIF pattern | “h” Pattern | Kicked off by an Evening Star pattern | Could Ronald McDonald be cooking up a short menu?
Hit & Run Members and Trading room:
EYES 28% | SXC 66% | FOSL 33%
The place serious traders hang out.
MCD Plan your trade & trade your plan February 24, 2016
Possible entry plan idea: Sell box $Members Only
Possible stop plan idea: Cover above $Members Only
Risk Reward 12:1 depending on entry/exit/stop
SPY Attitude: (T-Line™< 34 down Bearish) Yesterday’s Candlestick Morning Star Signal (not perfect) may be suggesting that the Bulls have run out of steam, at least for the time being. Yesterday’s price action suggests strongly that we see a lower low today and a possible target over the next day or two near
Swing Trade Ideas February 23, 2016
Rick’s Featured Trade Ideas
ATI/Long (Metal Fab) RBB, Higher highs and higher lows, bullish morning star, 38% from pivot low to target area.
Hit & Run Members and Trading room:
TCK 10% | DDD 13.4% | ATI 15.18%
The place serious traders hang out.
ATI Plan your trade & trade your plan February 23, 2016
Possible entry plan idea: Buy box $11.20- $12.83
Possible stop plan idea: Stop below $11.20
Risk Reward 4:1 depending on entry/exit/stop
SPY Attitude: (2-T-Line™ up/T-Line™-34 down) Over the past seven trading days, the Bulls have been able to put in a rally, a 2-bar PBO that held above the T-Line™ followed by a positive gap that closed in favor of the Bulls. Yesterday’s close of $194.78 closed above the February 1 high and close. The Bulls have done just what we’ve asked, which is to close over the bullish “W” Pattern center point. There are two slight bearish points I would like to point out: We closed underneath the 50-day simple moving average which sets us up for the possibility of a blue ice failure. And price over the past seven days has
