Bullish Scoop On The Daily 34-EMA

Bullish Scoop On The Daily 34-EMA

The Bullish Scoop on the daily 34-EMA has caught my eye. INFN has been pulling back and the last couple of days price has found a friend in the 34-EMA. The 50-SMA is also catching up to price. The 3-day chart is resting on the 200-SMA while the 5-day chart is in an (RBB) set up. The weekly chat shows off the Cradle pattern that was created very well.

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

My good friend and colleague Steve Risner will be sharing how he used Stochastic/RSI and a grouping of 3 moving averages to move his account from $51,642 to $55,807 in one month. Could know more about STOCHASTICS/RSI be good for you? Steve will also be sharing stock trade idea for the following week. We want to help you get your education money back.

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GE 11% • ANF 56%CREE 51% FLO 3% • 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% •

Event Calendar

SPY • Closed Over T-Line

For a minute yesterday, I thought we were going to break out of the box we have been trapped. (Ha, I thought wrong) Sor far this morning it looks like the futures will open us up above the Dotted Duece. Until the SPY can breakout and close above $266.00, the sellers will be hanging around. On the 2 and 4 hour charts, I am picking up an Inverted Head and Shoulder (Bullish). Stay sharp and stay true to your rules.

At the moment (Early before the market opens the VXX is under water looking a little shy. Above $51.25 that little guy could turn into a monster.

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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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VCEL Saw Profit Taking Until….

VCEL Saw Profit Taking Until….

After the breakout in March, VCEL saw profit taking until the buyers started buying back early April. A Bullish Morning Star was painted followed by a PBO Flag or a Pop Out OF The Box pattern. Yesterdays close yesterday the 5thday back above the T-Line, and now the T-Line has turned back up

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

Stochastics/RSI

My good friend and colleague Steve Risner will be sharing how he used Stochastic/RSI and a grouping of 3 moving averages to move his account from $51,642 to $55,807 in one month. Could knowing more about STOCHASTICS/RSI be good for you?

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Recent Trades

GE 11% • ANF 56% • CREE 51% FLO 3% • 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% •

Event Calendar

SPY • Closed Over T-Line

The SPY had a great day yesterday but not great enough to close above $266.00, and $266.00 is what the buyers need capture before they can move on. Below $262.60 the risk becomes the 200-SMA. So here we stuck in the box yet another day, that’s 13 days now. Earning is about to be part of the mix. Hopefully, earnings will shake the box, and we can rattle enough to trade up or down. A close over $266.00 gets us a ride to the 50-SMA, and a close below the 200-SMA gets us a ride to the February low.

The VXX chart is still bullish and should not be taken lightly; price action is currently in a rest mode just waiting to strike if it’s allowed to.

Rick’s Trade-Ideas Reserved for Members

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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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ONCE A RBB Now A 200-SMA Breakout

ONCE A RBB Now A 200-SMA Breakout

ONCE has gone from an RBB to a 200-SMA breakout. From the 3-day chart ONCE ran to find the 50-SMA pulled back with a Doji and popped to close over the 50-SMA printing a Bullish Morning Star. On the weekly chart has printed a Pop Out of The Box pattern. ONCE has the potential of challenging the 2017 highs, 30% away.

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

GE 11% • ANF 56%CREE 51% FLO 3% • 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 • Evening Star

The SPY has been stuck in a box like trading rage for the last 11 days, I don’t know about you, but I for one am getting a little tired of it. BUT we must maintain our cool and be patient. Trying to trade in this chop is crazy, and the chopping machine will nibble away until you bleed to death.

Ok so whats the market up to today, I see the futures are up premarket. Well, the 200-SMA held the price up yesterday, we closed with a Doji, I see a bullish engulf, a low high, higher low ending with the Doji yesterday. If the futures can keep their strength, we could see a solid attempt to challenge $266.00 and win. It’s possible, but I think we need proof.

The VXX short-term futures

The VXX closed over the T-Line yesterday for the second day in a row. The morning futures have price back below the T-Line. Chop Chop Chop, proof test proof is what we need.

Rick’s Swing Trade Ideas Reserved for Subscribing Members

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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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FOSL’s Weekly PBO Flag Pattern

FOSL’s Weekly PBO Flag Pattern

FOSL’s Weekly Morning Star / PBO Flag pattern has held up well during the market chop last week and the poor performance of market Friday and didn’t seem to be affected by Fridays poor market performance. The Weekly RBB strategy looks strong with good risk reward. The PBO Flag pattern is a Road Trip Continuation pattern.

Special note: We bought FOSL a  few days, now supporting 9%.

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

GE 11% • ANF 56%CREE 51% FLO 3% • 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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SPY • Evening Star

On Friday the SPY painted the 3rd candle to create a bearish Evening Star (on stronger volume), price cut through the 200-SMA but closed above the 200-SMA before the closing bell. Weakness and follow through today could send the SPY to test the Feb. 9 lows ($252.92). On the other hand, the buyers could find the energy to keep us in this sideways chop yet another day. Anything below the ($266.00) line the sellers have a strong grip on the buyers, overall the market remains wound tight and sellers outnumber buyers. Be careful and don’t chase every ounce of hope.

The VXX short-term futures

The VXX chart is being painted by the traders that have the greatest fear and lean toward the bearish side. The bigger price pattern is bullish. A good simple rule is to ask yourself what is price doing in relationship to the T-Line and what is price action doing?

Rick’s Swing Trade Ideas Reserved for Subscribing Members

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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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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%

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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

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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% •

 

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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

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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

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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% •

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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.

*************************************************************************************

 

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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