SPY Five Lower Lows Education is shark repelent

SPY Five Lower Lows

With five lower lows in the SPY, this week has been controlled by the sellers, or maybe the buyers just needed a rest? Yesterdays low in the SPY came within pennies of the 20-SMA which in my book is still an acceptable pullback.

The DIA’s have fared much better closing above the T-Line, and two higher lows are trying to paint a bullish continuation pattern, go blue chips! The QQQ’s have been the poor sport, but when you look at the overall trend, the QQQ’s are still trending above the 34-EMA. If we start to breach the 34-EMA on the SPY, DIA, IWM, or QQQ’s that’s when I will become very concerned about the weakness in the market. Right now stong trading rules are needed to navigate through the rough market.

Keep in mind we believe flexibility, base hits, selling into strength and if you’re wrong about the trade simple close the trade out and own it. And a trading plan that at the very least uses a stop, entry, and a profit plan.

A good rule of thumb is if you have three losing trades in a row you might want to read up on how to handle sharks in the water.

Education Plan #1

Buy and sell stocks without a good understanding of what’s going on in a chart or the market. Buy and Sell on faith, hope, and tips you pick up. Thinking that you can learn everything you need to know before your capital burns up.

Education Plan #2

Set aside time to study, take advantage of the material available to you. There are several courses that we have available that with help with the understanding of a Trend, Price Action, Chart Patterns, Stochastics and the use of FIB Lines. Having a strong understanding of charts and management of your business greatly increases the probability of your trading success.

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A Tip From Rick – Don’t blow up your account

Did you Know? The best time to study is when the market is closed, this way you are less likely to feel pressured to look for the next great trade.

We are here to help

Rick Saddler – Hit and Run Candlesticks

Doug Campbel – Right Way Options

 Ed Carter – Trader Vision

Steve Risner – Top Gun Futures

Membership ServicesPrivate 2-Hour Coaching

 

Past Performance Is No Guarantee of Future Results

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020 or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone.

Weekly 3 Bar Cradle Pattern Busted Out PSTG bullish above $27.35 stop $26.50

Weekly 3 Bar Cradle Pattern Busted Out

Weekly 3 bar cradle pattern busted out and had shown bullish followthrough strength. The weekly chart has been in a fantastic bullish trend with buying opportunities on the daily chart. The daily chart shows a gap with bullish consolidation waiting for the T-Line to catch up. Price action and the T-Line have worked together again to present a buying opportunity with Tuesdays Engulfing candle and yesterdays inside day. We are bullish on the chart and a bullish buy over $27.35 with a protective stop about $26.50

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

Over $12,500 in profits in 7 months with a cost of $595.00 Monthly Trading Results updated the first week of each month.

What’s on Rick’s watchlist today? A 246% plus increase in 7 months is a path to wealth.

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SPY • In The T-Line Trap

Yesterday was the 4th day of a lower low and lower high, price action also fell into a gap, and the Bulls have seemed to find a little support (for now). Overall the bigger trend is still bullish bit the swing trade trend is not so much. Not until we see a reversal pattern/price action. Stick with and focus on good trading rules, if you are not making money it’s not the market’s fault. We closed 1/ our QCOM for 58% yesterday

****VXX – The VXX is still trying to construct a bottom and getting closer to the downtrend line. Will the downtrend line reject price again or open the gate?

 

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

Subscription PlansPrivate 2-Hour Coaching

Testimonial

This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Price T-Line Trapped POOTB Pattern GLUU bullish above $7.75 • stop $7.35

Price T-Line Trapped POOTB Pattern

GLUU is trapped between the T-Line and a recent high with a (POOTB) Pop Out of The Box pattern. With a great bullish trend, GLUU has had a 13-day T-Line Run with a recent lift and now a PBO to the T-Line with a (POOTB) Pop Out of The Box pattern. A breakout of $7.75 would indicate the buyers are supportive of a higher price. See Trader Vision Blog, a protective stop of about $7.35 helps to control risk. To learn more about this trade and other consider our Hit and Run Candlesticks Service.

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

What’s on Rick’s watchlist today? A 246% plus increase in 7 months can’t be all wrong.

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SPY • Rest and Test Soon?

The overall market is under pressure this morning and the possibilities of testing yesterday lows or making new lows are probable. The overall trend is still bullish but not necessarily a good day for new buys. Protecting and profiting from what I am currently managing will be the plan of today. I will update members if there is a change in my plan. The SPY held above the T-Line yesterday but this may not hold today if the bulls lose the Lower T-Line Band the 20-SMA is likely to be tested.

T-Line • Traders Best Friend

13-days with a T-Line Run (nice job bulls) today will be a big test is we make 14 or do we start a sellers T-Line Run?

****VXX – The VXX is still trying to construct a bottom and getting closer to the downtrend line. Will the downtrend line reject price again or open the gate?

 

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

Subscription PlansPrivate 2-Hour Coaching

Testimonial

This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Swing Traders Love Rest and Rallies OPB Bullish over $3.38 • Stop near 3.25

Swing Traders Love Rest and Rallies

In the past 20-days, Swing Traders have drawn two rest and rally patterns on the ODP canvas. We are currently in a rest period with a Doji and Bullish Engulf using the T-Line and multiple touches of $3.25 for support. The weekly chart is in a Rounded Bottom Breakout pattern/Strategy coming out of a little Cup and Handle pattern. It looks like the price action has its eye on a Swing Trade to about the 4.00 level with a couple of profit stops along the way. A Stop about 3.25 would keep the risk in check for us. More details see TV20/20 Blog

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

This link takes you to a project account that Rick started so members and students could see how it works Monthly Trading Results updated the first week of each month.

What’s on Rick’s watchlist today? A 246% plus increase in 7 months can’t be all wrong.

 

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SPY •

Friday the SPY closed resting on the T-Line looking ready to do its job and climb higher. This morning the features are not totally in agreement with that plan. Today the Bull would like to see price action hold over the T-Line, build sup[port and prepare to challenge the August high. The bear would like to see a close below the T-Line so price action can challenge the $285.80 area. Right now we are in a state of “rest and test.” Price action rest while the bulls and bears fight an internal battle.

T-Line • Traders Best Friend

Last Friday was a 12-day T-Line run, will today be 13? Sorry, we’re all having to wait for the 4: PM bell for the final decision. We should have a few clues as the day moves on. As a rule of thumb the price action that controls the T-Line controls the direction.

****VXX – Thursday last wee price closd=ed over the T-Line and Friday closed back below the T-Line. Pre-market today has it back above…so far.

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

Subscription PlansPrivate 2-Hour Coaching

Testimonial

This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Slow Nervous Bullish Trend Trading Hobby or Business

Slow Nervous Bullish Trend

The SPY and markets are Slow Nervous but still a Bullish Trend, for now at least With the 3-day weekend and the political rhetoric, the market is feeling a little nervous. I find at times like this it’s best to close a few positions and cut positions in half. To keep a good perspective on the market, I look at what I call my Red, White and Blue chart, no candlesticks on the chart, (3-EMA / 8-EMA / 34-EMA) to see what the basic trend is doing; it really does help with all the noise. Create a chart like this for yourself, it’s easy, and it works.

Trading Hobby or Business?

How is your trading going? Has it been just a hobby? Are you seeing growth in your account, 5% – 10% -15% per month?

Hello, Rick Saddler founder and president of Hit and Run Candlesticks, below are five little tips that might help. With 30 years of trading under my belt and an account that’s up 250% in 8 months, I might have something to say.

  1. Base hits.
  2. Profit into strength.
  3. Price action. Allow the candle and pattern to complete?
  4. Turn off the news and do your on charting?
  5. Look for the resting and testing of a trend.

Look your not going to learn to trade, or what it takes to trade in just a few days it takes time, and the true desire to want the lifestyle. And it is a great lifestyle. Click on the Road To Wealth link below if you want to see my trading account statement. That’s right I practice what I preach, and I don’t mind sharing good or bad months. Yes, we all have bad days weeks or months too.

Trading Results

Our “Road to Wealth” Account Statement is posted on the website for you to see and follow. 2018 YTD (Through) July) +246% See for yourself. Want to learn more about how Rick Saddler does it?

HRC Trading Tools I Use

Smart Phone APP

Go to your APP store and download “HRC Trading.”

Every Day ChartingTC2000

Trade PlanningTrader Vision 2020

Trading platform and Brokerage

Trading Platform – TradeHawk

Brokerage – Tradier

Stock Only Trades – Flat $16.00 per month

Stock and Option Trades – Flat $159.00 per month

Contact Us if you have questions

Membership ServicesPrivate 2-Hour Coaching

Past Performance Is No Guarantee of Future Results

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020 or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone.

 

 

You Gota Love Trend Lines TRUE bullish above $12.70 • Protective stop $12.30

You Gota Love Trend Lines

7-touches on a trend line screams “You Gota Love Trend Lines.” TRUE has used the same trend line for the past three months. Yesterday after a couple of weeks of consolidation TRUE ran the stops all the way to the trend line where the buyers couldn’t get in fast enough. The weekly chart is bouncing off the T-Line like a well-oiled machine. Holding over the $12.40 area is bullish for TRUE and over $12.70 we are thinking a bullish buy with a $12.30 protective stop. Check out the TraderVision blog for target zones.

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

This link takes you to a project account that Rick started so members and students could see how it works Monthly Trading Results updated the first week of each month.

What’s on Rick’s watchlist today? A 246% plus increase in 7 months can’t be all wrong.

[button_2 color=”red” align=”center” href=”https://hitandruncandlesticks.com/become-a-member/” new_window=”Y”]If You Love What You Do, You Will Never Work A Day In Your Life[/button_2]

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SPY • Rest and Test Soon?

WOW! What a great day in the market yesterday, the buyers pulled further away from the T-Line making yesterday the tenth day in a bullish T-Line Run. Reminder!!!! Monday is a holiday, and the market will be closed. Friday everyone will be thinking about getting out of town. Market volume will likely be low and slow so I for one will be thinking about profits today.

We have yet to test the recent breakout ($286.63) I would suspect we will soon see rest and test, just something to think about.

T-Line • Traders Best Friend

Ten days in a T-Line Run or Ten days of sweet money-making a trend! Price action might be getting a little far from the T-Line, we might need to see price action slow up a little to allow the T-Line to catch up.

****VXX – Has been trying shape a bottom for the past 8-days, over the T-Line could lite a little fire.

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

Subscription PlansPrivate 2-Hour Coaching

Testimonial

This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Bullish Engulf Eats 12-1/2 Candles Bullish above $28.00 • risk protective stop near $27.50

Bullish Engulf Eats 12-1/2 Candles

When a Bullish Engulf Eats 12-1/2 Candles, we call that a hungry candle. Yesterday the buyers created a very hungry candle in WMGI that seemed to get recharged with the 50-SMA. After reaching the $28.00 area, WMGI slipped to the 34-EMA and 50-SMA which acted support along with the weekly $26.40 line. The WMGI is a bullish chart, and after the bullish engulf clue we are looking for entry over $28.30 and a risk protective stop near $27.50

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

This link takes you to a project account that Rick started so members and students could see how it works Monthly Trading Results updated the first week of each month.

What’s on Rick’s watchlist today? A 246% plus increase in 7 months can’t be all wrong.

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SPY • Two Old Friends

Another close higher for the SPY and a nine-day T-Line Run. Yesterday’s candle closed below it’s open as if it realized price needs to slow down a little because it has moved too far from the T-Line. We have found that price action does not like to get to separate. Price could come to the T-Line or price could hang while the T-Line catches up. Either way, I see the two old friends getting together by Friday this week. Price closing above the T-Line makes the sky the limit r how high we can go, price slipping below the T-Line and price will step down on major moving average at a time.

T-Line • Traders Best Friend

With a 9-day T-Line Run, the bulls are feeling pretty good. The T-Line supports price action and when price flys high it will come back to the T-Line for a test.

****VXX – The VXX price action is trying to sneak above the T-Line, the price action seems to be slowly improving. A close above the T-Line will get us the 34-EMA.

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

Subscription PlansPrivate 2-Hour Coaching

Testimonial

This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Morning Star Alert (RBB) Test PBO Bullish above $5.80 with a stop around $5.55

Morning Star Alert (RBB) Test PBO

FTR formed a weekly Morning Star alert signal that has pulled in enough buyers to hold over the 50-SMA. The daily chart shows us a bullish breakout over the 50-SMA followed by 5 bars testing the 50-SMA fo form a little bullish flag pattern. FTR is now set up in an (RBB) Rounded Bottom Breakout pattern/strategy where we look for a bullish reach of the 200-SMA. Looking for a bullish buy over $5.80 and target zones up to about 25%. A protective stop of about $5.55 will help protect against big losses.

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

This link takes you to a real account that Rick started so members and students could see how it works Monthly Trading Results updated the first week of each month.

FTR $654.00 Trade Plan Click Here

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SPY • Up Up And Away

The Bulls are out of the pen with the freedom of no past resistance to run free. The breakout was a beautiful orchestration of bullishness, the follow through has been strong, and the trend has been super. Let the bulls run…. Easy traders, let’s remember that price action will have minor to painfull pullbacks, price action likes to test recent bullish price moves. Are morning prayer “We swing traders will NOT chase on fear of missing out” We will wait until a good bullish chart (Like The SPY) see’s profit taking and bulls back into trend support and then show signs of buying.

T-Line • Price Leaves T-Line

Price has gapped away from the T-Line, their future is always the same. They will meet up again.

****VXX – Showed no sign of real fear yesterday, The VXX is trying to slow it’s decent down and trying to work on a higher low.

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

Subscription PlansPrivate 2-Hour Coaching

Testimonial

This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

PBO T-Line Bullish Engulf bullish above $63.75 with a stop around $62.20

PBO T-Line Bullish Engulf

ZEN has drawn us a picture of a Pull Back Opportunity (PBO) to the T-Line with a Bullish Engulf. ZEN has been in a strong trend until June-July, then gapped. After the gad the consolidation started with mild selling around the T-Line to the 34-EMA, this is what we call the (PBO). Yester, the Bullish Engulf, is suggesting the buyers could be getting ready to challenge the recent high and run higher. I am bullish on the chart and buy bullish above $63.75 with a stop around $62.20

Trading Tip – Some days are about protecting profits, not making more profits.

Trading Tip – Daily, 2-3 and 5-day charts give important clues.

Trading Tip – Sell or trim profits off as price reaches important levels.

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

This link takes you to a project account that Rick started so members and students could see how it works Monthly Trading Results updated the first week of each month.

What is Rick is adding to his trade watchlist today? A 246% plus increase in 7 months can’t be all wrong.

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SPY • Struggling with 2018 High

Boring and uneventful day yesterday. The SPY is struggling with the 2018 highs and seems very stubbern when comes to letting the sellers in the house. Bottom line is price needs hold above the T-Line and breakout. If the sellers can close us below the T-Line this will set the stage for a test of the 34-EMA again.

T-Line • Traders Best Friend

Five-day T-Line Run, the question is will today make six?

****VXX – Closing below the T-Line is telling us the fear is not growing, the price action of the last three days is telling us the fear is trying to stir.

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

Subscription PlansPrivate 2-Hour Coaching

Testimonial

This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.

 

 

Bullish “W” Pattern Started Party ASNA • Bullish Above $4.85 • stop $4.65

Bullish “W” Pattern Started Party

In mid-July, ASNA started a Bullish W Pattern that Started the party that has lead ASNA to break out of the $4.60 level. ASNA is in a 16-day T-Line Run that has broken out of resistance. Now, 5-days of testing support and the T-Line and we now have a bullish Morning Star on the 2-day chart. The weekly chart should also be mentioned, a Bullish Rounded Bottom Breakout – J-Hook Continuation Pattern breaking the Dotted Duece.

Trading Tip – Daily, 2-3 and 5-day charts give important clues.

Trading Tip – Sell or trim profits off as price reaches important levels.

Past performance is not indicative of future returns

Good Trading, Rick, and Trading Team

This link takes you to a project account that Rick started so members and students could see how it works Monthly Trading Results updated the first week of each month.

What is Rick is adding to his trade watchlist today? A 246% plus increase in 7 months can’t be all wrong.

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SPY • Indecisive

I would say yesterday’s close in the SPY was a little indecisive with a Doji testing the 2018 highs and being up 4 bars with higher highs and lows. The bullish wall of worry can be testing to all of us. I have found focusing on what price action for the last 2-3- days and what it’s doing in relationship with the T-Line is better than purely focusing on the current candle. If the T-Line is trending up and price makes me nervous, it is usually just noise within a range. The $286.40 area stoped price for now, and we should see a little consolidation.

T-Line • Traders Best Friend

It’s crazy how well the T-Line works with a price. It does lag with the price but moves close enough to keep a swing trader in the trend or pattern. I find following price and the T-Line together helps to keep me away from the hard right edge. The hard right edge puts thoughts in your head that will make you crazy.

****VXX – Closed with a Doji/Bullish Engulf yesterday, a relief rally is likely. We did buy a little yesterday around $28.90

Focus Trading Education

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Trade Planning, Fibonacci, Stoch/RSI

Subscription PlansPrivate 2-Hour Coaching

Testimonial

This is not your usual service that sends out a ton of stock recommendations, and then cherry picks the winners to show you how great they are. Hit and Run Candlesticks and Right Way Options are truly educational services. They taught me how to trade not what to trade. The entire team: Rick, Doug, Steve, and Ed are there to help and answer your questions. They are awesome. They cut years off my learning curve. And it’s a team effort. Everyone in the room (all the members) are there to help with invaluable insights and advice. The only service you will ever need. Thanks to all the team for how you have helped me and for all you do. –Jonathan Bolnick

Rare to have a service teach you how they find their choices but, HRC/RWO teach you how to fish instead of fishing for you. And, your ideas are not panned but shared, implemented, or improved. Sharing is caring. –Thomas Bradly

 

 

Past performance is not indicative of future returns

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020 or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is not a licensed financial adviser nor do they offer trade recommendations or advice to anyone.