Clearly Below the T-Line Caution!

Clearly Below the T-Line

The SPY is clearly below the T-Line. Friday the SPY ran through the 20-SMA then landed on the 34-EMA Friday with a gap down on monster volume. This combination can only spell trouble! We always talk about Fridays should be a day to take profits and count your money. With the Bears still grazing this morning, The challenge of the 50-SMA seems likely this week. Because of the speed of the decline from Friday to this morning, I do not believe chasing is a wise idea. We will commonly look for trades after the market opens today and when the panic has calmed down. Throughout the day we will point out shorts and longs in our member’s blog area.

Recent Trades VXX 375%

Learn the Power Of Simple Trading Techniques

On December 13, Rick shared BOOT as a trade for members to consider and how to use the trading tools listed below. Currently, the profits could have been about 24.7% or $380.00 with 100 shares. Using our Simple, Proven Swing Trade Tools and techniques to achieve swing trade profits.

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

The VXX short-term futures

I closed my VXX trade for 375% Friday, a good day to take profits, the VXX is on its way to tag our $36.75 line.

Rick’s Swing Trade ideas

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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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Tools and Rules

Tools and Rules

Don’t chase, don’t predict, don’t use words like “I think” when trying to enter a position. When entering a position, start with common sense and your trading tools and rules. If you don’t have trading tools and rules, ask us.

The market is seeing a little more volatility this past week. Profit trading successfully will need more trading planing. Quality will when out over quantity every time! No two people alike, always follow your rules and only trade charts you understand, always be able to explain your trade to someone.

Events Calendar 

We now have an Events Calendar so you can keep up with webinars and workshops. Below are a few coming up

  • Members webinars/workshops
  • Public webinars/workshops
  • Trader Vision 20/20
  • Looking Ahead Sunday Night
  • TradeHawk Trading Plat Form
  • Special speaker events
  • Workshop training events
  • Clinics and Workshops
  • https://hitandruncandlesticks.com/events/

A New Training Room

We have created a new Traning room (Room 3) for training, education, coaching and special events. Trading rooms can be found by clicking the big green Live Trading Room” button at the top of any Hit and Run Candlesticks web page.

Everyday At 9:10 AM ET.

Each Morning before the market opens Rick and the HRC members meet up to discuss today’s trade ideas. Rick, we will demonstrate live how each trade could be traded using our Simple Proven Swing Trade Tools

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trends • 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 • Continuation Patterns • Trade Planning… Learn More

Eyes On The Market

Our closing words yesterday were “Follow the Trend.” What yesterdays close to the SPY was the three close below the T-Line and the futures this morning are suggesting the same today. It looks like the SPY may test the 20-SMA today and even lower, the Vol-Stops has flipped to negative, and continued pressure on the lower T-Line Band is close to the breaking point. Longs are warned when the price action starts to bump its head on the Lower T-Line Band.

The VXX short-term futures pulled back yesterday perfectly to the Lower T-Line Band then closed above the Vol-Stop by the end of the day. The VXX chart is carving out a Bullish (RBB) Rounded Bottom Breakout Pattern.

Rick’s Swing Trade ideas

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Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • 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 • Continuation Patterns

 

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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ERI Found a Bottom? ERI bullish above $33.95

ERI Found a Bottom?

ERI Found a Bottom?After consolidation and pulling back to the 50-SMA ERI found a bottom. With 7% rally yesterday the buyers may be ready to push to the next level.  I yes a trending chart with several candlestick and chart pattern clues. Such as Bullish Morning Star, Bullish Engulf, T-Line Low and V-Stop support. ERI is our featured trade idea for your consideration.

To learn more about our trading tools join us in the trading room or consider Private Coaching. Rick will help coach you to trading success. Today At 9:10 AM ET. We will demonstrate live how ERI could be traded using our Simple Proven Swing Trade Tools

Learn the Power Of Simple Trading Techniques

On November 8, Rick shared CVRR as a trade for members to consider and how to use the trading tools listed below. Currently, the profits could have been about 29.7% or $380.00 with 100 shares. Using our Simple, Proven Swing Trade Tools and techniques to achieve swing trade profits.

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… Learn More

Eyes On The Market (SPY)

We have ended January with price closing below the T-Line trend and above the T-Line Low trend. So far the sellers have just created a little profit taking. A close is low the $279.60 support area would put a very different spin on the SPY. When I look at the 3 and 5-day charts, I see that price is still holding above the T-Line High Band which suggest the bulls are still in charge just simply resting.

►The VXX short-term futures

Closed with a Doji Continuation pattern yesterday above the T-Line High Band. The VXX chart is also in an (RBB) Rounded Bottom Breakout Pattern with our strategy target still 20-40% away.

Rick’s Swing Trade ideas

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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 J-Hook Pattern CBAY

Bullish J-Hook Pattern

Bullish J-Hook PatternCBAY has formed a Bullish J-Hook Pattern, and the Candlesticks pattern is very near a Matt Hold and a Rising Method, price action on the T-Line and a burst of volume. Yesterday CBAY challenged 2015 high ending the day standing tall and proud. CBAY is a bullish chart; we may consider a buy above $12.00

Learn more about my trading tools join me in the trading room or consider Private Coaching. Rick will help coach you to trading success. Today At 9:10 AM ET. We will demonstrate live how CBAY could be traded using our Simple Proven Swing Trade Tools

Learn the Power Of Simple Trading Techniques

On November 13, Rick shared CBAY as a trade for members to consider and how to use the trading tools listed below. Currently, the profits could have been about 29.7% or $275.00 with 100 shares. Using our Simple, Proven Swing Trade Tools and techniques to achieve swing trade profits.

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… Learn More

Eyes On The Market

The SPY closed below the T-Line yesterday as did all the indices. Price action was a bit harsh yesterday not only closing below the T-Line but the upper band as well. Price also pushed on the lower band bending it but not closing below. The #1 goal for the bulls today is to protect the lower band and close back over the T-Line. If the Bulls lose the lower band, then the $279.60 should be tested.

The VXX short-term futures shot up yesterday too and past our profit target closing with a shooting stat. It is very likely we see a pullback today. The chart remains bullish, just not a buy at this time.

Rick’s Swing Trade ideas

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Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • 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 • Continuation Patterns

 

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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TWTR Found Buyers at Support

TWTR Found Buyers at Support

TWTR had a little trouble recently on the challenge of the $25.50 area, and the sellers seem to have won. TWTR found buyers at support near the 50-SMA. The buyers have come back with a Bullish Morning Star pattern and follow through closing above the T-Line. Over the next few days we will be watching for a breakout, test and a buy signal (BTB) TWTR is a bullish chart and a Bullish buy over $25.75 with a qualified buy signal.

Learn more about my trading tools join me in the trading room or consider Private Coaching. Rick will help coach you to trading success. Today At 9:10 AM ET. We will demonstrate live how TWTR could be traded using our Simple Proven Swing Trade Tools

Learn the Power Of Simple Trading Techniques

On January 29, Rick shared NTLA as a trade for members to consider and how to use the trading tools listed below. Currently, the profits would have been about 8.5% or $210.00 with 100 shares. Using our Simple, Proven Swing Trade Tools and techniques to achieve swing trade profits.

Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • 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 • Continuation Patterns • Trade Planning… Learn More

Eyes On The Market

The SPY held the T-Line at the close yesterday but with a Bearish Harami stupidity overbought. The VXX was up and held the bullish link into the close as well; the clue is to be cautious and not blindly bullish as so many traders are in recent days. In the trading room yesterday we spoke of the $268.00 line if the price gets below we will likely see a test of the T-Line, the first time in 19 days.

The Transports ETF (IYT) has lost the T-Line, and I suspect a few other important ETF’s will lose the T-Line today.

The VXX short-term futures closed above the 50-SMA yesterday headed toward our first profit zone on about $31.00 depending on price action we may or may not pull profits.

Rick’s Swing Trade ideas

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Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • 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 • Continuation Patterns

 

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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Breakout On GRUB See the Buy Box

Breakout On GRUB

Breakout On GRUBThe breakout on GRUB suggests the buyers plan to push the price higher. Price action found itself digging for support around the 34-EMA and 50-SMA, turns out that area is also high before a bullish pullback on November 27, January 11. A Bullish Harami was printed followed by a higher high and a higher low. (A bullish chain created)

To learn more about my trading tools join me in the trading room or consider Private Coaching. Rick will help coach you to trading success.

Today At 9:10 AM ET. We will demonstrate live how GRUB could be traded using our Simple Proven Swing Trade Tools

Learn the Power Of Simple Trading Techniques

On January 17, Rick shared THC as a trade for members to consider and how to use the trading tools listed below. Friday the profits would have been about 17.1% or $277.00 with 100 shares. Using our Simple, Proven Swing Trade Tools and techniques to achieve swing trade profits.

Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • 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 • Continuation Patterns • Trade Planning… Learn More

► Eyes On The Market

Another very positive week for the indices, the SPY, DIA’s and QQQ’s produced closed the week with another new high while IWM made a new high but did not close with a new high. SMA had to deal with a gap down and removed the best it could Friday. IYT printed a Bearish Engulf 9 days ago and had not recovered. IYT lost the help of the T-Line on Wednesday of last week and now is relying on the 20-SMA for a little support.

The VXX short-term futures seen to be acting a bit bullish in spite of the overall market bullishness or lack of fear. The T-Line has maintained a cross over itself for the last 3 bars, and the last 3 bars are on the bullish side of the 20-SMA. Price action has been shaped by the bulls for about the last 11 trading days.

Rick’s Swing Trade ideas

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Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • 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 • Continuation Patterns

 

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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News and Updates

News and Updates

News and Updates

 

 

 

Trader Vision 20/20

We are constantly improving our service for you, keep reading to learn the latest of our new and updates.The first rollout of Trader Vision 20/20 was last week, another group of traders will be able to download Trader Vision this Sunday, and just a few days after we will open the doors to everyone. Trader Vision 20/20 on Youtube ►https://www.youtube.com/channel/UCJX_zkEdtnH7A9tAK8Z3ZXw

Events Calendar  

We now have an Events Calendar so you can keep up with webinars and workshops from Hit and Run Candlesticks, Right Way Option, Trader Vision 20/20, Looking Ahead with Steve Risner, and TradeHawk. Click to look ►https://hitandruncandlesticks.com/events/

A New Training Room

We have created a new Traning room (Room 3) for training, education, coaching and special events. All the rooms are found by clicking the big green ►“Live Trading Room” button at the top of any Hit and Run Candlesticks web page.

Today At 9:10 AM ET.

Each Morning before the market opens Rick and the HRC members meet up to discuss today’s trade ideas. Rick, we will demonstrate live how each trade could be traded using our Simple Proven Swing Trade Tools

Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • 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 • Continuation Patterns • Trade Planning… Learn More

Eyes On The Market

Bulls continue to control the market for the most part. The is SPY trending, but the last two closes were not impressive, still trading above the T-Line. DIA’s are trading above the T-Line and has closed higher three out of the past four trading days. Both IWM and QQQ’s printed Bearish Engulfs and inside Harami days, holding above the T-Line keeps the swing trade bulls in charge. The price actions need work, or the sellers could start thinking they have some juice.

The VXX short-term futures are trying to construct a bottom,  now with a Lower Low and a Higher High over the T-Line. For two days now the VXX has challenged the 34-EMA with no success. We are watching the construction carefully; we are currently long VXX with a stop in place.

Rick’s Swing Trade ideas

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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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America Runs On DNKN DNKN bullish over $65.95

 

America Runs On DNKN

America Runs On DNAmerica Runs On DNKN, The DNKN brand broke and had created a Bullish J-Hook Continuation pattern that could lead to the $90.00 area with typical bullish price action. The recent Bullish Morning Star was a clue to the recent reversal, and higher lows and bullish price action help create the bullish candle stacking. With support around $65.95, a good entry would be near the support line.

To learn more about my trading tools join me in the trading room or consider Private Coaching. Rick will help coach you to trading success.

Today At 9:10 AM ET. We will demonstrate live how DNKN could be traded using our Simple Proven Swing Trade Tools

Learn the Power Of Simple Trading Techniques

On October 23, Rick shared GWW as a trade for members to consider and how to use the trading tools listed below. Yesterday the profits would have been about 18.5% or $64160.00 with 100 shares. Using our Simple, Proven Swing Trade Tools and techniques to achieve swing trade profits.

[button_2 color=”blue” align=”center” href=”https://hitandruncandlesticks.com/private-personal-coaching-right-from-the-pros/” new_window=”Y”]Learn The Tools • Learn The Trade • Get Out OF Your Own Way[/button_2]

Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • 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 • Continuation Patterns • Trade Planning… Learn More

Eyes On The Market

Briefly, the SPY felt the breath of the bear yesterday, but by the end of the day, the buyers were able to control the bear’s breath and close the SPY near the middle of its daily candle. IWM ended the day with a Bearish Engulf the bulls will need to pay attention. More sellers could drive IWM below the T-Line…Keep a watchful eye. The QQQ’s also printed a Bearish Engulf with better than average volume, watch price action and the short term trend.

The VXX short-term futures ventured out yesterday and peaked above its recent highs then closed back under cover. Even with a close below the recent highs, the VXX managed to close above the T-Line High; the last seven bars are supported by the T-Line Low Indicator. Price action has printed a Low – High – Higher Low. Just saying.

Rick’s Swing Trade ideas

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Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • 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 • Continuation Patterns

 

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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January 24, 2018 Webinar [Replay] T-Line, Trend, Price Action - Let's Put it Together

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Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • 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 • Continuation Patterns • Trade Planning

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Bullish J-Hook Continuation Pattern AUY Bullish over $3.45

 

Bullish J-Hook Continuation Pattern

Bullish J-Hook Continuation PatternThe Price action in AUY is leading me to think yesterday’s Bullish J-Hook continuation pattern may be the beginning of money making a swing trade. Based on the chart patterns, trend, T-Line (that we discussed last night) support, T-Line Low, Volatility Stops. AUY might be a trade to the $5.50 area.

To learn more about my trading tools join me in the trading room or consider Private Coaching. Rick will help coach you to trading success.

Today At 9:10 AM ET. We will demonstrate live how AUY could be traded using our Simple Proven Swing Trade Tools

Learn the Power Of Simple Trading Techniques

On August 31, Rick shared TLRD and how to use the trading tools listed below. Yesterday the T-Line profits would have been about 105% or $1250.00 with 100 shares. Using our Simple, Proven Swing Trade Tools and techniques to achieve swing trade profits.

[button_2 color=”blue” align=”center” href=”https://ob124.infusionsoft.com/app/orderForms/Membership—Hit-and-Run-Candlesticks—Quarterly” new_window=”Y”]Try HRC Out For 3-Months • Only $180.62 • With Promo Code SAVE15 • Cancel Anytime[/button_2]

Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • 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 • Continuation Patterns • Trade Planning… Learn More

Eyes On The Market

So the market closed higher again yesterday, this has been the year for bullish T-Line Runs, profits and good times! There is not much to say about the market, seems the bears have given up. Here is a little fact I found looking at the chart…In the past 12 months the max distance between the 50-SMA and the closing price was about 4%, normally it looks like about 3% or so. Do you know what the distance is between the 50-SMA and yesterday’s closing price? Over 6%, so I have a question…How far will a rubber band stretch before it snaps?

The VXX short-term futures are still constructing a bottom based on the price action. Will the job die in bankruptcy or will walls go up? The chart is worth a thousand words.

Rick’s Swing Trade ideas

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Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • 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 • Continuation Patterns

 

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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