Today’s Swing Trade Ideas
LOCO/Long (Restaurants) LOCO is another chart that has been a members’ featured trade idea and on the members’ list. LOCO is another rounded bottom breakout that has proven itself like so many other rounded bottom breakouts. The past eight or nine candles, LOCO has formed a PBO J-Hook formation while still in the rounded bottom breakout strategy.
More on how to trade LOCO in the trading room today at 9:10 AM EST
Possible entry plan idea: The buy box is from $26.58 to $28.44
Possible stop plan idea: A close below $26.58 or the T-Line
Updates:
Friday “Open Mic” April 17, 2015 Current Speakers:
Petra
Jim C.
Ed C.
Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Registration closes Friday, April 17, 12:00 PM EDT Saturday RBB Appreciation clinic
Profit Scanner Users & Trial Users
Monday, April 20, 2015 Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here
Good Morning,
SPY: In yesterday’s market note, I wrote that the SPY appears to be feeling a little pressure from the sellers, and it kind of looks like that pot starting to boil and somebody is Continue Reading
Today’s Swing Trade Ideas
GLNG/Long (Shipping & Ports) GLNG has been and is currently on our members’ featured trade idea watch list. From March 5, GLNG has simply consolidated in the rounded bottom breakout area; sometimes we just have to have patience.
More on how to trade GLNG in the trading room today at 9:10 AM EST
Possible entry plan idea: The buy box is from $35.63 to $37.30
Possible stop plan idea: A close below $35.20
Updates:
Friday “Open Mic” April 17, 2015 Current Speakers:
Petra
Jim C.
Ed C.
Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Registration closes Friday, April 17, 12:00 PM EDT Saturday RBB Appreciation clinic
Profit Scanner Users & Trial Users
Thursday, April 16th Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here
Good Morning,
SPY: At about 7 AM EDT this morning, the SPY appears to be feeling a little pressure from the sellers. It could be nothing more than filling the gap from yesterday; however, Continue Reading
Today’s Swing Trade Ideas
HCLP/Long (Basic Materials) HCLP Is a Rounded Bottom Breakout RBB with a lower support trend line forming a bullish PBO double bottom hook. Monday printed a Bullish Engulf and Tuesday printed follow-through.
More on how to trade HCLP in the trading room today at 9:10 AM EST
Possible entry plan idea: The buy box is from $36.41 to $38.72
Possible stop plan idea: A weak candlestick signal or below T-Line
Updates:
Friday “Open Mic” April 17, 2015 Current Speakers:
Petra
Jim Cooper
Ed Carter
Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Yes we still have a few seats available for the Saturday RBB Appreciation clinic
Profit Scanner Users & Trial Users
Thursday April 16th Meet-up at 11:00 PM EDT.
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes – 2-Week Free Trial Click Here
Good Morning,
SPY: The SPY is currently wedged in between a symmetrical triangle trying to form a bullish J-Hook breakout of the upper triangle resistance line. Pulling back to the 50- Continue Reading
Today’s Swing Trade Ideas
TX/Long (Steel) TX is setup for our RBB strategy closing yesterday with an engulf over a Doji.
More on how to trade TX in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $18.40 to $19.05
Possible stop plan idea: A weak candlestick signal or below T-Line
Updates:
Tina Logan webinar “East meets West” Tonight 8:00PM EDT. Registration required.
Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Yes we still have a few seat available for the Saturday RBB Appreciation clinic
Profit Scanner users-
Because of yesterday’s pin action, I’ll be watching a few bearish alert windows today for:
Short-Blue Ice Fail
Blue Ice Trap Fail
TFP MA Squeeze Down
TFP Break Below 50
The difference the right tool makes. 2-Week Free Trial Click Here
Good Morning,
SPY: Have you ever tried to open a locked door? Walked away to stop and say to yourself, “let me try it one more time” and it was still locked? That’s what Continue Reading