Marubozu Candlestick Pattern

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Simplicity. It’s a lovely word and a very calming concept. After studying lots of complex candlestick patterns, it’s always nice to get back to the basics. Much like the Doji, the Marubozu candlestick pattern is a one-candle, easy-to-spot signal with a very clear meaning. It comes in both a bearish (red or black) and a bullish (green or white) form, and it commands attention with its long and sturdy shape. To learn more about how Marubozu candlesticks form, why they form, and what they can tell you about the current state of the market, please scroll down.
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Swing Trade Ideas July 10, 2015

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One of Today’s Featured Trade Ideas

MX/Long (Technology) MX in the last four days has printed a Doji, hammer, inside day and a bullish gap closing above the T-Line and the 20 SMA.  This is all on the daily chart.  On the three-day chart, you can see a bullish morning star signal.  Not to mention, it’s a Rounded Bottom Breakout with 20% to the 200 SMA.

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

Something to think about:
Rule #10:  Trade with a K.I.S.S plan
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Swing Trade Ideas July, 9 2015

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One of Today’s Featured Trade Ideas

BDSI/Long (Healthcare)   BDSI has formed a double bottom with the last six trading days forming a bullish flag pattern and a bullish J-Hook breakout.  BDSI is also A Rounded Bottom Breakout Pattern. BDSI has about 50% to the 200 SMA H&R Members can find the trading plan entry, stops, profit targets in the members area.

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

Something to think about:
Rule #9
Candlestick signals don’t have to confirm the very next day.
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Swing Trade Ideas July 7, 2015

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One of Today’s Featured Trade Ideas

TZA was the July 6 featured trade idea, and it has been a profitable day-trading chart and still poised for the swing trader to reach our targets.  In light of the overall market condition, which I think is sad, the best thing we can do is to keep trading as simply and easily as possible.  At this point, I believe a TZA trade fits the bill.  One of the most important things you can do is to make a plan for your trade, a stop, entry and a couple of scenarios for profit taking.

Hit&Run Candlesticks Tip:  Did you know that the most successful traders take profits into strength on a bullish trade and into weakness on a bearish trade?
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