Rick’s Featured Trade Ideas
PN/ Long (Insurance) PN Is a pinball strategy play with a bullish W pattern, a bullish piercing pattern with about 15% to the first target, 25% to the second.
Plan your trade and trade your plan, and join us in the trading room at 9:10 Eastern every morning to plan a few trades.
One of our trades in the trading room yesterday was TROV, and we had a 26.07% gain.
Read about our Trading Room It’s real and it’s Real Time!
PN/ Plan your trade & trade your plan January 22, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $Members Only
Risk Reward 5:1 depending on entry/exit/stop
SPY: Another good day in the markets as far as trading went, and we certainly had good a good time with profits in the trading room. Based on the trend, the bears still control the SPY as well as the rest of the indices. On the daily chart price is still being held back by the
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Rick’s Featured Trade Ideas
CMRX/ Long (Healthcare biotechnology ) I will be Trading CRMX with the Pinball strategy tool with the close over the T-Line™ yesterday followed by a double bottom.
Plan your trade and trade your plan, and join us in the trading room at 9:10 Eastern every morning to plan a few trades.
Sold ZHGN yesterday 65.5% gain and covered WTW 21.13% gain a very nice day for Hit & Run Candlesticks. Read about our Trading Room
CMRX/ Plan your trade & trade your plan January 21, 2016
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $Members Only
Risk Reward 8:1 depending on entry/exit/stop
SPY: If the spy went looking for the August 2015 low yesterday, it found it. And then proceeded to put together an impressive bounce closing at 185.65. Price and this recent trend is still controlled by the sellers, evidence of this is the inability to breakout over the T-Line™ or breakout over any one of its recent highs.
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Rick’s Featured Trade Ideas
HA/ short (Hawaiian Holdings ) HA is still showing signs of bearishness with a bear flag and a dark cloud cover failing the T-Line™. Kudos to those still in the HA short, and it still looks as if we have 8 to 10% to go.
Plan your trade and trade your plan, and join us in the trading room at 9:10 Eastern every morning to plan a few trades.
It’s looking like ZFGN will pay us well today!
HA/ Plan your trade & trade your plan January 20, 2016
Possible entry plan idea: Sell box $Members Only
Possible stop plan idea: Cover above $Members Only
Risk Reward 2:1 depending on entry/exit/stop
In last night’s member e-learning, we talked about intraday charts and how you might use the 60-minute chart to help decide whether the daily chart was ready to be bought long. I pointed out that the 60-min chart was not set up properly, and the SPY was not ready to reverse bullishly.
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