Swing Trade Ideas July 7, 2015

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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Swing Trade Ideas July 6, 2015

One of Today’s Featured Trade Ideas

TZA/Long (Small Cap 3xBear)   TZA is lifting off the bottom currently trying to form a bullish J-Hook pattern.  A close over the 50-day simple moving average would make it a Rounded Bottom Breakout pattern.
TZA Trading Plan  (Entry, Stop, Target)  Click Here
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