One of Today’s Featured Trade Ideas

AAPL/Short (Technology)  AAPL has showed weakness for the last three weeks or so and continues to show weakness.  Many members of Hit-And-Run Candlesticks have been short, and it still looks like a short trade that will continue south.  I have a target area of about $105 – $100.  We had plans that if Apple was to bounce up into the 200-day simple moving average area, we would probably add to our short.  Unfortunately, the sellers wouldn’t allow price to get near the 200 SMA fence.

I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today.  Click here to learn more

Something to think about — A snippet taken from a soon-to-be-released
eBook prepared by Rick Saddler

• How much capital do you have for trading, and how much of that capital will you commit to any one trade?

AAPL Trading Plan  (Entry, Stop, Target)  Click Here

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One of Today’s Featured Trade Ideas

KSU/Long (RailRoads)   KSU has posted higher lows slowly moving back up over the big three creating a rounded bottom breakout.  Along with a double Doji gap, a two- bar run and a profit taking pull back, KSU formed a very nice bullish chart pattern.  KSU is also above the construction area and yesterday printed a buyable candle on a tradable support line.
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today.  Click here to learn more

Something to think about — A snippet taken from a soon-to-be-released
eBook prepared by Rick Saddler

The Right Mindset for Trading is achieved by developing your trading skills and building your confidence in executing trades. This is a process that involves education, stock chart reading and designing trade setups for the trading method you select. The bottom line is:  SKILL + CONFIDENCE = Right Mindset for Trading

KSU Trading Plan  (Entry, Stop, Target) Click here
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One of Today’s Featured Trade Ideas

WYNN/Long (Resorts and Casinos)   Because of Friday’s close, WYNN became a Hit-And-Run Candlestick Rounded Bottom Breakout.  Friday also produced a type of bullish morning star signal as well as a Doji Bullish Engulf pattern.
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today.  Click here to learn more

Something to think about — A snippet taken from a soon-to-be-released
eBook prepared by Rick Saddler

Have a “Trading Business Plan.” Every successful business owner has a business plan.  Since trading is a business, traders should have a business plan. There is a lot of information out there on designing business plans.  A suggestion is to keep it short and simple.  A one- or two-page business plan is sufficient for most traders. You can always add to it as you go along. The point is to have a business plan that is convenient and you will use as a reference for certain aspects of your trading.

WYNN Trading Plan  (Entry, Stop, Target) Click Here

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