Swing Trade Ideas August 7, 2015

One of Today's Featured Trade Ideas

No featured trade idea today; it's Friday and we should be managing and evaluating the positions we are in.  Do we hold them over the weekend or do we close them out?  The important thing is to end the week on a positive note.  We will be in the trading room this morning taking a look at a few stocks that you may have questions about.

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

Know when to trade and have the discipline not to trade. Trade only when the market gives you clear direction. If you are confused, have trouble finding trades that meet your rules or do not know what to do, these are signs that the market may be in a state of flux and not conducive to your style of trading. There are times to stay in cash or just manage the positions you have working. It is okay not to trade every day. In fact, forcing trades in an undesirable market often leads to losses. Have patience and wait for your setup!
Continue Reading

Swing Trade Ideas August 6, 2015

One of Today's Featured Trade Ideas

TZA/Long (ETF small cap Bear)   Because IWM still looks weak, I will be looking at adding to my TZA today.  TZA is acting as if it wants to come off the lower trend line and head higher.  The last four candles are suggesting the Bulls are setting up the bottom for a rally.  TZA is also a bullish rounded bottom breakout.

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 Hit & Run Candlesticks:
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

TZA Trading Plan  (Entry, Stop, Target)  
Continue Reading

Swing Trade Ideas August 5, 2015

One of Today's Featured Trade Ideas

ACRX/Long (Healthcare Medical Device)    Yesterday's candle finished drawing the picture of a bullish cradle pattern utilizing the 50-day and the 100-day simple moving averages as a support area, not to mention support from candles in June and July.  ACRX is also a Rounded Bottom Breakout chart 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 Hit & Run Candlesticks
 SKILL and CONFIDENCE - Practicing what you learn through education and by applying that knowledge to chart reading develops skill in spotting trading opportunities.  It also develops the confidence to know that these trading opportunities are profitable.

ACRX Trading Plan  (Entry, Stop, Target)  Click Here
Continue Reading

Swing Trade Ideas August 4, 2015

One of Today's Featured Trade Ideas

AAPL/Short (Technology)   AAPL may be headed for the $100 mark, with the double top/bearish engulf/island reversal and a blue-ice failure pattern.  Yesterday, AAPL broke through and closed below the 200-day simple moving average, and it lost its recent low support by closing below it yesterday.

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:
Education - Under what conditions will you stop trading for the day, week or month?  For example, “You (the trader) will stop trading for the day or week if you have three losing trades.”

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

Swing Trade Ideas August 3, 2015

One of Today's Featured Trade Ideas

AMPE/Long (Healthcare biotechnology)   We have had our eye on AMPE for some time since July 21 and has been on our members’ list ever sense.  It's now pulled back to both the 20- and 50-day simple moving average with an inverted hammer on Thursday, and Friday came close to printing an actual hammer. AMPE is one of our bullish Rounded Bottom Breakouts with a nice series of higher lows.
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:
Education - As with any new skill, the foundation is education. Ask yourself, “Would you start to build a house if you had no knowledge of construction concepts and applications?”  NO!  Traders first learn the basics, such as technical analysis and fundamental analysis.  Read books and attend webinars/workshops. This is really the start of building your knowledge base, so you can later shape your trading style and philosophy. As you mature as a trader, education continues to play an integral role in your success so you never stop learning.

AMPE Trading Plan  (Entry, Stop, Target)  Click Here
Continue Reading

Swing Trade Ideas July 31, 2015

One of Today's Featured Trade Ideas

No trade Idea today:  However, I do have 14 trade ideas for members that are from the members’ trade ideas posted from the last few days.

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:
Rule #32 Don’t fight the trend

Members of both Hit & Run Candlesticks and Right Way Options, the trading room passwords will change this weekend.

Continue Reading

Swing Trade Ideas July 30, 2015

One of Today's Featured Trade Ideas

ENV/Long (Industrials)   ENV Is one of our Rounded Bottom Breakout setups that has also formed an ascending triangle and currently a flag formation with a bullish piercing candle.  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:
Rule #29 Trade the chart in front of you.

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

Continue Reading

Swing Trade Ideas July 29, 2015

One of Today's Featured Trade Ideas

VNTV/Long (Industrials)  VNTV printed a bullish morning star signal yesterday after a three-day profit taking pull back, with a breakout of $41.05.  VNTV could see a 5 to $10 run.

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:
Know who you are as a trader and be your own trader. Do you have the personality for swing, day or long term trading? Stick with the type of trading that fits with your lifestyle and personality. Be your own trader and don’t be a follower. You need to be confident in the trades you execute and this means understanding the trade and believing in the trade. Just because someone else takes a trade doesn’t mean it is right for you.

Public E-Learning tonight 8:PM in the H&R Trading Room
Enter Here

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

Continue Reading

Swing Trade Ideas July 28, 2015

One of Today's Featured Trade Ideas

ACTG/Long (Industrials) ACTG is one of our Rounded Bottom Breakout strategies that has started a low-high/higher-low/higher-high trend.
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:  Focus on the best trades for you. Study stock charts and identify high probability setups. Start with one or two trade setups, master them and then add more setups.

Members E-Learning tonight 8:PM in the H&R Trading Room
Get your Membership - Click Here
2-Week Member Trial - Click Here

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

Continue Reading

Swing Trade Ideas July 27, 2015

One of Today's Featured Trade Ideas

TACO/Long (Restaurants) Del Taco Restaurants broke out big time in early March soaring to the $17 area.  On May 20, profit taking started to plague TACO pushing price down below its 50-day simple moving average.  For little over a month, price walked just underneath the 50-day simple moving average and has now closed back above the 50 SMA.  TACO may be headed to retest the May highs, and from there it may be positioned to break out to new highs

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: 

Rule #27 Gaps are gifts

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

Continue Reading

Skip to toolbar