Trade Ideas April 1, 2015

Today's Swing Trade Ideas

TTI/Long (Energy Sector)  After a bullish gap on February 27 TTI pulled back to retest the gap crossing back up over the big three making it a rounded bottom breakout.  Following the T-Line up to the 100 SMA and has now consolidated with a left right combo.

More on how to trade TTI in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $5.75 to $6.24
Possible stop plan idea:  A weak candlesticks signal or below 5.75

Good Morning, 

SPY:  Lower highs and lower lows is something that the bears sit around and talk about, and the SPY has done just that starting Continue Reading

Swing Trade Ideas March 31, 2015

Today's Swing Trade Ideas

MTZ/Long (Engineering and Construction)  After a three-bar pullback, MTZ printed a Bullish Engulf opening below the big three and closing above the big three with a snapback J-Hook pattern.

More on how to trade MTZ in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $19.37 to $20.39
Possible stop plan idea:  A close below $19.37

Member Trading Room Password changes tonight after E-Learning

Good Morning, 

SPY:  Support and resistance, trendlines, trends, chart patterns, candlestick patterns:  some things just don't change over time.  Continue Reading

Sing Trade Ideas March 30, 2015

Today's Swing Trade Ideas

EA/Long (Technology Gaming)  Coming from a five day rally EA found some selling that pushed it back to the 50-simple moving average, from the 50-simple we had a gap up Friday closing bullishly with a morning star candle pattern above the T-Line and the 20-simple moving average.  EA is approaching a longer-term double top.  Caution for sell signals but a bullish breakout could lead us up to the $80 area

More on how to trade EA in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $53.63 to $58.50
Possible stop plan idea:  A close below $57.09

Members the trading room password will be updated tomorrow night after member E-Learning.

Good Morning, 

SPY:  For the past five months, the SPY has been in a choppy, peak-and-valley condition with the T-Line and the 20-simple Continue Reading

Swing Trade Ideas March 27, 2015

Today's Swing Trade Ideas

NOG/Long (Energy Sector)  If you look at your daily chart over the past nine days, you can see a hammer, a Bullish Engulf, Doji's, another Bullish Engulf, a Bullish Doji Sandwich, and a Rounded Bottom Breakout.

More on how to trade NOG in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $7.70 to $8.10
Possible stop plan idea:  A close below $8.10

An interesting tidbit:  In 2015, we have had 4 consecutive down days five times now.  In 2014, we didn't have any 4 consecutive down days.  Also, we haven't had 2 consecutive up days in 27 days.

Good Morning, 

SPY:  Yesterday's Doji in the SPY found support at the recent March lows which could lead one to believe a minor relief rally
could be in order.  There are a few troubling things that I would like to share.  On the daily chart, the T-Line has now broken Continue Reading

Swing Trade Ideas March 26, 2015

Today's Swing Trade Ideas

FNF/Short (Insurance) After a five-month run FNF is now closed back below the big three.  Recently creating a lower high followed by a bearish Doji sandwich (continuation pattern)

To learn more about FNF, join me in the live trading room today at 9:10 AM EST.

Possible entry plan idea:  The buy box is from $36.85 to $35.35
Possible stop plan idea:  A close above T-Line

Good Morning, 

SPY:  In yesterday's e-mail I wrote:   “While the SPY failed to close over the $210.80 area yesterday, if the buyers can manage Continue Reading

Swing Trade Ideas March 25, 2015

Today's Swing Trade Ideas

CLNE/Long (Energy sector)  CLNE Was pointed out in the trading room by another member, a rounded bottom breakout that has found support on the 50–simple moving average a hammer followed by a series of candlesticks a few of which are Doji's and one a Bullish Engulf.  Yesterdays close over the 20–simple moving average has set CLNE up to retest the recent high near $6.20 with a possible reach for about the 200–simple moving average

To learn more about CLNE, join me in the live trading room today at 9:10 AM EST.

Possible entry plan idea:  The buy box is from $5.06 to $5.37
Possible stop plan idea:  A close below T-Line

Good Morning, 

SPY:  Yesterdays gap and negative close below the T-Line and the 20 – simple moving average might be setting the spy up to Continue Reading

Swing Trade Ideas March 24, 2015

Today's Swing Trade Ideas

NES/Long (Waste management)  Over the last nine weeks we've seen a lower high and a higher low with a bullish hammer about a week ago.  On Monday, NES formed a Bullish Engulf with a double bottom.  Yesterday's follow-through closed it up over the big three making it a Rounded Bottom Breakout

To learn more about NES, join me in the live trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $3.26 to $3.80
Possible stop plan idea:  A close below $3.44

Good Morning, 

SPY:  The last three trading days, the SPY has been wandering aimlessly keeping everyone on edge as to whether this is just part of the bullish "wall of worry," or is it something to be concerned with?  Here are three trading ideas that might help:

  1. Always follow the trend that fits in your time horizon
  2. Always be vigilant
  3. Always be a profit trader

Continue Reading

Swing Trade Ideas March 20, 2015

Today's Swing Trade Ideas

SNSS/Long (Healthcare Biotechnology)  SNSS has formed a RBB pattern with a PBO hammer the day before yesterday, followed by a strong buyers’ present yesterday.  SNSS is also forming a cup with about 10% left to the cup top.  From there, we could see a nice rally followed by a pullback to start forming the handle.

**To learn more about SNSS, join me in the live trading room today at 9:10 AM EST.

Possible entry plan idea:  The buy box is from $2.36 to $2.70
Possible stop plan idea:  A close below $2.36

Good Morning, 

SPY:  With yesterday's inside day close and the recent higher highs and higher lows continuing to close over the T-Line, we would Continue Reading

Swing Trade Ideas March 19, 2015

Today's Swing Trade Ideas

WLL/Long (Energy Sector)  Rounded Bottom Breakout, Left/Right Combo, higher lows can be drawn, bullish candlesticks above recent gap, 30% possible profit target.  All this points to a very tradable chart.  To learn more about WLL, join me in the live trading room today at 9:10 AM Eastern.

Possible entry plan idea:  The buy box is from $36.24 to $42.76
Possible stop plan idea:  A close below $36.24

Good Morning, 

SPY:  No rate hike by the Feds and the market soars with dovishness!
Continue Reading

Swing Trade Ideas March 18, 2015

Today's Swing Trade Ideas

NQ/Long (Technology)  NQ has formed a Rounded Bottom Breakout and a bullish scoop pattern.

Possible entry plan idea:  Above the T-Line and/or a breakout of $4.03
Possible stop plan idea:  A close below the T-Line

More on how to trade NQ in the Live Trading Room  9:10 AM Eastern
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Good Morning, 

SPY:  Yesterday the SPY closed with an inside day Doji while resting on the T-Line, once again failing to clear the $208.70 area.  Continue Reading

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