Employment Numbers and Tweets

Employment Numbers and Tweets

Today’s employment numbers and tweets from any knuckleheads could keep this market volatile, stay sharp and trader your trade! Fridays we typically don’t’ post trades ideas to aid in slowing the rush down a little. Fridays are a great day to bank profits that you have not yet banked, clean your desktop and your computer’s desktop.

Special note: Thank you for attending our workshop last light, I was a pleasure to share my account statement and teach you how I doubled a trading account in 2 months. I look forward to us back together again in a few weeks.

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

Recently closed

VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9%

[button_2 color=”blue” align=”center” href=”https://hitandruncandlesticks.com/events/” new_window=”Y”]April Event Calendar[/button_2]

 

SPY • Yesterday’s Doji

The SPY gaped and left us with a Doji perfectly at the front door of our $266.00 line. It now up to Friday’s team to put the Doji to work. The next order of business for the buyers is to close price above $266.00 and use the $266.00 area as support. The move from the $266.00 line should get us to the 50-SMA. If the buyers can not do their job and they fail to build support over $266.00 then it is likely the sellers will force a test of $261.80, below $261.80 would put us back below the T-Line. (Not Good)

VXX Closed below the T-Line yesterday, falling from the Bearish Engulf the day before. Above $51.25 the fear and volatility come back, below the T-Line the market stays somewhat calm.

Rick’s Swing Trade Ideas Reserved for Subscribing Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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SHLD Painted A Bullish Swing Pattern

SHLD Painted A Bullish Swing Pattern

SHLD has painted and Bullish swing pattern over the past several days with a Bullish flag PBO (Continuation pattern). We will be using the Rounded Bottom Breakout Strategy. The Rounded Bottom Breakout Strategy uses the dotted duce and the 200-sma as profit zone areas.

Special note: We have been long SHLD for a  few days and closed yesterday 18% in the green.

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

Recently closed

VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% • QQQ 179% • TWTR 180% VXX 375% VIPS 118% • WTW 21.9% •

 

[button_2 color=”red” align=”center” href=”https://ob124-5a86cf.pages.infusionsoft.net/” new_window=”Y”]Workshop Tonight – Click Here To Read More About It[/button_2]

Event Calendar

SPY • Bullish Engulf

Yesterday’s bullish Engulf (Price Action) closed over the T-Line, we will take that as a win and will likely see another high today! But I can not stress the importance of quality follow-through over the next few days. A failure of follow through and a test of the recent lows could be disastrous. The goal for the buyers is to find support above $266.00 and challenge the 50-SMA. Of course, we want to see the buyers when that challenge even if it takes them a couple of tries.

VXX Closed with a Bearish Engulf below the T-Line, a lower low is likely.

Rick’s Swing Trade Ideas Reserved for Subscribing Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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Don’t Panic, Don’t Impulse Chase

Don’t Panic, Don’t Impulse Chase

Don’t panic, don’t impulse chase today, need I say more? The smart trader has set protective stops on current trades and is having a cup of coffee thinking about going fishing when the sun comes up. The market is not friendly or sane right now, my god it’s getting lead around by TWEETS, how crazy is that.

We will post possible trades live only when the market takes it’s pills and calms down.

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

Recently closed

VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

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Event Calendar

SPY • Yesterday’s Harami

WOW! it was a great feeling to see the buyers come back yesterday from the $256.84 low to close with a Bullish Harami. But wait the bullish Harami did not close over the T-Line, so there was no follow through. Maybe today we get follow through….LOL that’s funny…have you saw the futures this morning. My trading spidey sense tells me I should only manage what I already have and probably not take on any more trades. Ya, Think!

From the eyes of a swing trader…The only thing I see in the SPY chart is a big bearish “h” pattern, a bearish “m” pattern and a little bearish “h” pattern. If it sounds like a duck and quakes like a duck……must be a duck

 

The VXX short-term futures

The VXX chart even though it closed off the previous day’s highs it maintained it’s spot above the T-Line and added the 11th day to the bullish T-Line Run.

Rick’s Swing Trade Ideas Reserved for Subscribing Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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Nervous Feeding Frenzy

Nervous Feeding Frenzy

The overall market is in a nervous feeding frenzy. In my personal experience, I have found this type of the market is the hardest of all to trade, (Choppy, weak up moves, stronger down moves). Until this changes, we will not be providing trade ideas before the market opens. We will point out long, and short trades live during the day. When a trade is suitable, we will post it on the website, email and through our APP for members.

Live Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

Recently closed

VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

[button_2 color=”red” align=”center” href=”https://ob124-5a86cf.pages.infusionsoft.net/” new_window=”Y”]Be Ready For The Next Bullish Market Move[/button_2]

Event Calendar

SPY • Sellers Control the Direction

Yesterday was another day where the sellers controlled price, hitting a new lower low and close in the past 15 bars. For whatever it is worth price has found the weekly 50-SMA. Maybe this is something the buyers can work with, price will only tell. As I look at the daily chart (SPY) for the market direction, I only need to consider what price is doing in relationship to the T-Line. Is price below the T-Line? Is price above the T-Line? Trading in the direction of the market increases your trading success, no one I know disputes that. From late January to now the chart pattern on the SPY is a sellers pattern, price is below the T-Line, no relief rally signal on yesterdays close. As of yesterday close being short or trading the Inverse ETF’s makes the most sense. Another choice is to remember “cash” is a position.

The VXX short-term futures

Price leads the T-Line higher indicating buyers are in control. The VXX chart is a good chart to watch and see the fear in the market. A simple rule of thumb, when price is above the T-Line (VXX) the market is choppy at best when price in below the T-Line (VXX) the market is happy and generally bullish.

Rick’s Swing Trade Ideas Reserved for Subscribing Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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Bullish Morning Stars are Clues

Bullish Morning Stars are Clues

Bullish Morning Stars are clues, SSNC created a Bullish Morning Star on support during trending consolidation. The 2-day chart also shows a Pop Out of The Box pattern, and the weekly still has the T-Line trending with price leading. On Tuesday last week price pulled back after hitting a new high, the bullish morning star suggests the buyers are still active.

We will any discuss our trades in detail during our Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

Recently closed

VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

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Event Calendar

SPY • Needs To Take Back The T-Line

The buyers were able to close the week with a bullish Morning Start last week giving them five candles in the bottom construction and another Volatility Dots has added to the construction. A close over the 3/27 candle would give follow through to the Morning Star pattern and clear the path to challenge the daily 50-SMA. The first goal for the buyers is to close price above the T-Line

The VXX short-term futures

Last week the VXX showed weakness but still closed over the T-Line. Positive trading today should close the VXX below the T-Line possible testing the downtrend line.

Rick’s Swing Trade Ideas Reserved for Subscribing Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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SEARS Ready To Play?

SEARS Ready To Play?

Sears could be ready to play; a scoop pattern has formed with a breakout above the daily 50-SMA. Yesterday’s close above the daily 50-SMA put SHLD in an (RBB) Rounded Bottom Break Out pattern. Take a look at the 3 and five-day charts, and you will see very good candlesticks price action and they are both Pinball setups.

We will any discuss our trades in detail during our Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

Recently closed

VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

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Event Calendar

SPY • Bulls are Fighting Back

As of the close yesterday, the sellers are still in the lead. With a price below the T-Line and the T-Line trending down and no evidence that the buyers are outpacing the sellers. BUT the buyers are fighting back, the Doji yesterday and the past four bars respecting the 200-SMA as support suggest the buyers are trying to fight back. To get any bullish party started the buyers must get the price to stabilize over the T-Line.

The VXX short-term futures

VXX has been a good money maker for many of our members. As always let price speak to you and of course “listen.”

Rick’s Swing Trade Ideas Reserved for Subscribing Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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RBB, Hammer, Bull Engulf, Rising Price

RBB, Hammer, Bull Engulf, Rising Price

RBB, Hammer, Bull Engulf, rising price. TNDM has been working on constructing Frypan/Rounded bottom for the past few months. This past week price has printed bullish candles that suggest buyers are poking around. Yesterday price broke out of a Pop Out of The Box pattern. FYI I am looking at a 3-day chart

We will any discuss our trades in detail during our Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

Recently closed

VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

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Event Calendar

SPY • Who’s Winning the Battle?

The buyers and sellers are having a knockdown battle, and as long as the price stays below moving averages (50-SMA and below), the sellers will own this market. Also holds true to trading charts. Yesterday’s close engulfed Monday’s positive day for the price. Note that Monday did not have to follow through and neither Monday or Tuesday closed over the T-Line. Over $269.23 the buyers have a chance, below $257.80 the sellers gained more control.

The VXX short-term futures

Yesterday I wrote the VXX “Should not be dismissed just yet.” The reason is very simple, price and the chart pattern and the recent trend is still bullish. This action suggests that fear and concern are still in this market.

Rick’s Swing Trade Ideas Reserved for Subscribing Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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APTI Bullish Pop Out Of The Box

APTI Bullish Pop Out Of The Box

APTI has broken out of a Bullish Pop Out of The Box and now testing support. APTI has been trending then started to consolidate on March 8. The Bullish engulf on March 14 saw a little pop but no follow through. The following days drifted down to the $29.00 area (support) Yesterday’s candle opened near support and closed above the March 14 Bullish Engulf. The chart appears to have enough buyers to create follow through.

We will any discuss our trades in detail during our Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

Recently closed

VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% • QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

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Event Calendar

SPY Update

The Strong Bull move yesterday will likely bring more buyers in today reaching for the next goal. The next goal would be about $269.00. A close over $269.00 today or tomorrow would put price above the 50% line of 3/13 high and the 3/23 low. From there the daily 50-SMA could be challenged.

The VXX short-term futures

VXX close yesterday above the downtrend line and should not be dismissed just yet.

Rick’s Swing Trade Ideas Reserved for Subscribing Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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Uncomfortable About Chasing A Trade

Uncomfortable About Chasing A Trade

Honestly, folks, I feel so uncomfortable about chasing a trade today that I am not posting any.  The market is in an angry phase that shreds accounts. If we see a trade during the day, we will post it in the trading room and on our Smart Phone App. Trading because of an addiction or desperation is not smart trading.

We will any discuss charts you may have in the trade in detail during our Members Morning Prep starting at 8:45 AM Est. With Steve Risner and Rick Saddler at 9:10 am this morning. members morning briefing

Recently closed

VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

[button_1 text=”Turn%205K%20into%2010K%20%E2%80%A2%20Bull%20Crap%20or%20Not” text_size=”30″ text_color=”#ffffff” text_bold=”Y” text_letter_spacing=”0″ subtext_panel=”Y” subtext=”Click%20This%20Button%20To%20Learn%20More” subtext_size=”14″ subtext_color=”#ffffff” subtext_letter_spacing=”0″ text_shadow_panel=”N” styling_width=”40″ styling_height=”30″ styling_border_color=”#000000″ styling_border_size=”1″ styling_border_radius=”6″ styling_border_opacity=”100″ styling_gradient_start_color=”#000000″ styling_gradient_end_color=”#000000″ drop_shadow_panel=”N” inset_shadow_panel=”N” align=”center” href=”https://ob124-5a86cf.pages.infusionsoft.net/” new_window=”Y”/]

 

Event Calendar

SPY • Relief Rally

Friday the SPY fell again and landed on the daily 200-SMA, also very near price support. Pre-market numbers suggest a relief rally bounce just as we talked about Friday. A common relief rally to about $263.35 would be normal, maybe even between $263.35 and $265.90. The SPY felt pain and damage last week, and if today’s bounce is the start of a bottom, we will need to see a constructed reversal pattern. If the Bulls are not ready for a repair job, we could slide into the February low area.

The VXX short-term futures

THE VXX chart demonstrated it’s fear last week by breaking out and holding into Friday’s close. The pullback I see premarket is still above the downtrend line. Fear and volatility are in the house.

Rick’s Swing Trade Ideas Reserved for Subscribing Members

30-Day TrialMonthlyQuarterlySemi-AnnualAnnual

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

To learn more about our trading tools join us in the trading room or consider Private Coaching.

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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Trade The Direction Of The Market

Trade The Direction Of The Market

One of our subscribers said in the trading room yesterday “So nice to be trading in the direction the market is moving; There was a time I would hold on to a position for months or years.”

The SPY has lost over 5% in the past nine trading days, failing the 50 Day-SMA and now testing the Dotted Duece FWL200. The SPY is very oversold now, so a bounce is near but I doubt it will help much. I believe the 200 day-SMA will be eventually be tested after some sort of relief rally. I have no doubt the market will turn around but only after a complete reversal pattern has been constructed. There were two traders and a pot of gold, one trader was patient and one not so much. Who do you think won the pot of gold?

Road Trip with A Trend

My Promise To You…. is to teach what works from having 30 years of trading teaching and coaching experience. And, to share with you the knowledge and tools you need to trade continuation patterns with ease and resulting profits!

 

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The 15% Bonus Discount Will End Soon

Fact! All profitable swing trades come from some continuation pattern.

Benefits of Using Continuation Patterns

  • Number 1 reason… easy to profit from the patterns
  • Easy to train your eyes for spotting the patterns
  • Easy to scan for the patterns
  • Easy to enter the pattern
  • Easy to set protective stops
  • Easy to trade the pattern
  • Trade time ranges from overnight to about 20 days

 

Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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