APRI – T-Line Run Flag Pullback

August 23, 2017 by Rick Saddler

APRI – T-Line Run Flag Pullback

APRI – A T-Line Run Flag Pullback is trending and recently broke out of the $1.48 resistance line and has now pulled back on Bullish profit taking. Price has also pulled back while staying above the V-Stop. Price has also cleared the Dotted Duece and may be ready to take on the 200-SMA. We will be using the Rounded Bottom Breakout Strategy. Until the price is over the 200-SMA.

Good Trading – Hit and Run Candlesticks

Learn more about Hit and Run Candlesticks, and today’s trade idea and plan plus the 10 or more members trade ideas, starting at 9:10 EST AM every morning. Every day we teach and trade using the T-Line, Candlesticks, Support and Resistance, Trends, chart patterns and continuation patterns.

►Trade Updates – Hit and Run Candlesticks

Added another long to the trade portfolio so now we are long 4 positions and short 2

Are you having trouble putting together a winning trade? Not sure what scans to use? So near to having multiple winning trades, but something always goes wrong. Maybe a couple hours with a trading coach could make all the difference in the world. Hit and Run Candlesticks has 4 trading coaches – Learn More about the Coaches

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your trading education here at the Hit and Run Candlesticks, Right Way Options, Strategic Swing Trade Service and Trader Vision.

► OSUR – You would be up 72.97%% or $880.00

If you bought 100 shares when we posted to our members on March 23. Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Chart Patterns, Sup

port, and Resistance.

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► Eyes On The Market (SPY)

We did get relief bounce as we thought we would and a darn good one at that. Unfortunately, it did not close over major resistance, so the Bulls have a great deal more work to do. The upper down trend line is still in play for the sellers and price is still above the cl

oud on a Morning Star signal (2-Day) chart. The sellers have the upper hand as far as the market goes as we start the day. There are many individual long trades that look great. But we are going to keep our inverse ETF list handy.

► What is a Trade Idea Watch-list?

A trade idea watchlist is a list of stocks that we feel will move in our desired direction over a swing trader’s time frame. That time could be one to 15 days for example. From that watch list, we wait until price action meets our conditions for a trade.

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here.

Investing and Trading involve significant financial risk and are 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.

Finding and Trading The T-Line Bounce

August 22, 2017 by Rick Saddler

Finding and Trading The T-Line Bounce

In tonight’s e-Learning 8-22-2017 we will discuss the current state of the market, charts and Rick will share a scan that are tending with a run of 10% and near the T-Line. The recipe for a winning trade is to follow your plan and the best tools for you. We feel a few of the best tools are: Price Action, Candlesticks, Support and Resistance, Trend Lines, Chart Patterns.

Thank you, Ed Carter

For taking an idea and making it work. Ed created the scan for TC2000 and TOS that I have been using to narrow my search and look for a specific chart pattern. Sorry, it’s not the Golden Goose, you still have to do the work.

►T-Line Bounce / TC2000

This scan looks for a stock that has been trending for at least a month. In

that time it will have run up at least 10%. On top of these conditions, it

finds stocks that have bounced up off the T-line in the last 4 days.

Bullish
——————————————————————————-
TC2000

(((C3 – C25) / C25) > .10) and
C > XAVGC8 and
( ((L – XAVGC8) * .06) or
((L1 – XAVGC8) * .06) or
((L2 – XAVGC8) * .06) or
((L3 – XAVGC8) * .06) )

——————————————————————————-
TOS

# Bouncing Off T-line
# Written by Rick Saddler
# Converted to TOS by Ed Carter
#
def C = close;
def L = low;
def XAVGC8 = ExpAverage(close, 8);
#
plot TlineBounce = (
(((C[3] – C[25]) / C[25]) > .10) and
( ((L – XAVGC8) * .06) or
((L[1] – XAVGC8) * .06) or
((L[2] – XAVGC8) * .06) or
((L[3] – XAVGC8) * .06) ) and
C > XAVGC8
);

Bearish
——————————————————————————-
TC2000

(((C25 – C3) / C3) > .10) and
C < XAVGC8 and
((H – XAVGC8) * .06) or
((H1 – XAVGC8) * .06) or
((H2 – XAVGC8) * .06) or
((H3 – XAVGC8) * .06)

——————————————————————————-
TOS

# Bouncing Off T-line Bearish
# Written by Rick Saddler
# Converted to TOS by Ed Carter
#
def C = close;
def H = high;
def XAVGC8 = ExpAverage(close, 8);
#
plot TlineBounce = (
((((C[25] – C[3]) / C[3]) > .10) and
C < XAVGC8 and
((H – XAVGC8) * .06) or
((H[1] – XAVGC8) * .06) or
((H[2]- XAVGC8) * .06) or
((H[3] – XAVGC8) * .06)
);

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.

IDXG – Pullback (PBO) Bullish Engulf

August 22, 2017 by Rick Saddler

IDXG – Pullback (PBO) Bullish Engulf

IDXG – Has presented a Pullback (PBO) Bullish Engulf yesterday after a strong rally into the Rounded Bottom Breakout strategy. The recent price action has rallied above the recently constructed bottom and our big 3 moving averages. The T-Line is above its highest 20-day high. A (PBO) is when stock rallies and prints a candlestick buy signal within the pullback. (Note we posted IDXG in StockTwits.com before the Bullish Engulf was finished and before we bought it. Look for Hit and Run Candlesticks and Right Way Options on StockTwits.com

Good Trading – Hit and Run Candlesticks

►Trade Updates – Hit and Run Candlesticks

We picked up two more longs yesterday (IDXG) and (MDXG) they both started to act very positively.

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► TECK – You would be up 22.14% or $431.00

If you bought 100 shares when we posted to our members on July 24. Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Chart Patterns, Support,

and Resistance.

► Eyes On The Market (SPY)

Yesterday we mentioned that the SPY might be ready to bounce a little as it kept trying to form a little Hammer. At this point, there is not any kind of reversal pattern so right now we can only see a possible short term relief rally. Careful not to get sucked into the bullish tunnel without the clues.

► What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here

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.

SPXU – Doji Continuation Pattern

August 21, 2017 by Rick Saddler

SPXU – Doji Continuation Pattern

SPXU – Closed Friday with a Doji Continuation Pattern, we have found this pattern to be very successful when you add other conditions with it. Such as a breakout of the downtrend line, bottoming patterns like a double bottom or a higher low. 2 or 3-day charts with a Bullish Engulfs. And SPXU is now one of our Rounded Bottom Breakout patterns/strategies. Keep in mind most charts don’t work right away unless you only want 1,2,3% gains and I have never met anyone who makes a living on 1,2,3% We want to profit more…don’t you?

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

A good trader knows when to back down, lighten up on position, except the fact some days you are better off not to trade, did you know you don’t have to trade everyday? A good trader knows a $100.00 loss can be good – especially when you finally take the loss and now it’s a $500.00 loss. We are proudly in only 3 positions and in NO HURRY to trade until this craziness has stopped. Plan your trading strategy to win!

► KITE – You would be up 23.48% or $2475.00

If you bought 100 shares when we posted to our members on July 20. Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Chart Patterns, Support, and Resistance.

► Eyes On The Market (SPY) Warning

The SPY has broken below the support line holding the lows together and has formed a Bearish “h” pattern. With Fridays close, we have a lower high and a lower low and a Bearish Doji Continuation pattern setup. When you add the short-term oversold, we could see a relief bounce. We see both long and short trade with a ton of chop, keep your fingers away from the blade.

► What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here

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.

Long Watch List For Next Week

August 20, 2017 by Rick Saddler

Long Watch List For Next Week

Week starting Monday, August 21, 2017. Hi, this is Rick Saddler, founder of Hit and Run Candlesticks. Below I have posted 35 stocks that I will be watching for a long trade if the correct setup and market conditions warrant Starting Monday August 21, 2017. We always make a plan and trade the plan; our trade plans are not secret we share them with anyone in the trading room or the Tuesday night webinars.

We do not expect all stocks on the watch list to work out; this is why we work very hard to teach how to enter and exit a trade with proper trade management.

PS… I will be one of the speakers in Chicago at the Chicago Board of Trade Building September 27 – 29, 2017 Hope to see you there.

Good Trading – Hit and Run Candlesticks

Learn more about Hit and Run Candlesticks, and today’s trade idea and plan plus the 10 or more members trade ideas, starting at 9:10 EST AM every morning. Everyday we teach and trade using the T-Line, Candlesticks, Support and Resistance, Trends, chart patterns and continuation patterns.

►Private Trade Coach

► What is a Trade Idea Watch-list?

►Sunday, August 20, 2017, Long Watch List

This list is compiled of long charts we also have a short and an Inverted ETF list when needed. You should never take a trade without a plan and the proper education.

Symbols from TC2000

CTRL

GLUU

MNKD

HDP

MYGN

KITE

WTW

MDXG

MTOR

XEC

NRG

OPHT

TRIP

FIZZ

COL

HZNP

TTWO

ALRM

ISRG

XBIT

TECK

NEE

MNST

QHC

MTN

PGR

TSS

WUBA

PNM

APRI

CERS

OMED

IDXG

ZOES

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.

Personal Trade Plan Is Essential To Trading Wealth

August 18, 2017 by Rick Saddler

Personal Trade Plan Is Essential To Trading Wealth

[video_player type=”embed” width=”560″ height=”315″ align=”center” margin_top=”0″ margin_bottom=”10″ border_size=”5″ border_color=”#000000″][/video_player]

(It’s Friday) A personal trade plan is essential to trading wealth and Fridays are a good day to evaluate your trade plan. Do you have a 12-month goal? Do you know how much per trade, per week so you need to meet the 12-month goal? Do you know what trade set ups are best for you? We have found from our coaching that those that live by a trade plan profit more money and have a much higher success rate of increasing their wealth.

Friday is the day we count our money and reflect on our weeks trading. How did we do? How can we improve? Take time today to pause on trading and consider education. Reevaluate your trading goals, are your goals on track?

Good Trading – Hit and Run Candlesticks

►Trade Updates – Hit and Run Candlesticks

What a crazy week! We are still holding our shorts and 1 long. I can’t remember the last time I was only in 3 positions. It is a good feeling going into the weekend.

We have closed 31 positions in the past 31-days and a 55.17% win rate. Over the past 180 days, we are running a 68.91% win rate.

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your trading education here at the Hit and Run Candlesticks, Right Way Options, Strategic Swing Trade Service and Trader Vision.

►Eyes on The Market

In Thursdays pre-market blog we warned everyone and WOW! The Bear really woke up. Yesterday we closed below the 50-SMA in a big way, so I suspect we see some kind of relief rally. I do believe this is going to hurt and there will be more downside and of course there will be minor rallies. There is no shame in sitting on your hands until this market cools down. And cash is a position

►What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here

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.

ZOES – Pop Out OF The Box (RBB) Pattern

August 17, 2017 by Rick Saddler

ZOES – Pop Out OF The Box (RBB) Pattern

ZOES – The Pop Out of The Box (RBB) pattern alone with the Bullish constructed bottom and the Bullish candle yesterday suggest the Bulls are willing to push this stock higher. I have 2 profit zones on the trade plan, but I do think the Dotted Deuce could be reached. A pullback into the Buy Box and above $11.85 is what we are looking for. Don’t force trades and don’t be in a hurry.

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

We added one new long yesterday, and our 2 shorts are working just fine. Currently in 13 position total. Closed 21 positions in the past 30 days with a 57.14% win rate and an average dollar gain of $404.00. It’s been a rough 15 days.

► TECK – You would be up 20.96% or $408.00

► Eyes On The Market (SPY) Warning

The SPY has 4 very critical numbers that we will be watching – Above $247.57 would indicate Bullishness and below $247.16 would indicate Bearishness. Then the Bulls would have to attack $248.92, and the Bears would go after $247.16. The last thing in the world the Bull wants is for the price to flirt with the $247.75 low as this would be flirting with a Bearish Blue Ice Failure.

► What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here

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.

MDXG – Breakout From Consolidation

August 16, 2017 by Rick Saddler

MDXG – Breakout From Consolidation

MDXG – Breakout from consolidation, after 3 months of consolidation MDXG broke out on strong volume. Support and Resistance held price captive but now looks Bullish. We are Bullish with price above $15.80

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

No new trades yesterday, still holding 1/2 SGMO for a 17% gain – adjusted stop to protect more of the profits.

► CROX would be up 18.57 or $148.00 if you bought 100 shares when we posted to our members on July 26. Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Chart Patterns, Support, and Resistance.

► Eyes On The Market (SPY)

The lack of follow through above our $247.25 resistance line suggest the Bulls just aren’t ready to take on the resistance, which begs the question will they be ready before a test near the lower trend line.

I am very concerned about the price action of the ETF (IWM). The chart continues to signs of weakness and could drag us into a correction below the 200-SMA.

► What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here

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.

INAP – Printed A Bullish Harami On Support

August 15, 2017 by Rick Saddler

INAP – Printed A Bullish Harami On Support

INAP – Printed a Bullish Harami on support after a breakout run then a pullback creating a PBO (Pull Back Opportunity). Major moving averages such as the 20-SMA , 34-ema, 50-SMA are rising with price. On a 5-day chart, INAP is a Rounded Bottom Breakout consolidating on the Dotted Deuce line.

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

No new trades yesterday BUT we did close ½ of the SGMO position for a 24.43% gain.

► HIIQ is up 51.83$% from our members post on May 31. Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market (SPY)

The Bulls proudly bounced back yesterday closing back over the T-Line printing a Bullish Harami on the 2-day chart. Price also closed headed into resistance and $247.25 may cause the Bull a little grief. A good Bull chart would be a pullback to a higher low than a breakout out of the previous high.

What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here

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.

SPPI – Printed A Bullish Engulf

August 14, 2017 by Rick Saddler

SPPI – Printed A Bullish Engulf

SPPI – Printed a Bullish Engulf after a breakout gap and a few days of consolidation. A Bullish Cup and Handle has formed with the major moving averages trending in the right direction. The recent lows are above the T-Line, and the 3-day Doji Continuation pattern is Bullish. Plan your trade and trade your plan.

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

Today our plan will manage the positions we have and work on the watch-list. We may or may not buy or short; it will depend on how price acts at resistance. Remember you don’t have to buy a stock every day, proper management of your positions owned is the most important job.

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your trading education here at the Hit and Run Candlesticks, Right Way Options, Strategic Swing Trade Service and Trader Vision.

► WTW is up 36.11% from our members post on July 10 and crawled another .82% Friday.

Hit and Run Candlesticks members practice trade management and trade planning with Price and Candlesticks, The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market (SPY)

It looks like the Bulls are mounting a bounce today after last week’s panic selloff. The bounce could be real and have follow-through over the next few days or could simply be a relief rally. The futures are suggesting the bounce is up to resistance, so one must wonder can the Bulls push through resistance? And I suspect a constructive bottom needs to be printed.

What is a Trade Idea Watch-list?

Rick’s personal trade ideas for the day MEMBERS ONLY

Start your education with wealth and the rewards of a Swing Traders Life – Click Here

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.