Personal Trade Plan

August 11, 2017 by Rick Saddler

Personal Trade Plan

(It’s Friday) A personal trade plan is essential to trading wealth and Fridays are a good day to evaluate trade plan. Do you have a 12-month goal? Do you know how much per trade 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?

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.

Good Trading – Hit and Run Candlestick Team

Trade Updates – Hit and Run Candlesticks

This week we entered a couple shorts; AMZN, CC and went long on a couple Inverse ETF’s; TVIX SQQQ We are happy to say we are good and green on them all. We did sell our SQQQ yesterday with the help of our target and the 50-day SMA.

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.

Eyes on The Market

For about 11 days now we have warned the members of Hit and Run Candlesticks and Right Way Options that the QQQ’s and IWM were looking ugly and could cause some trouble. The SPY closed below the 50-SMA yesterday, and I believe $240.80 will be tagged before a new high is made, then there’s the possibility of the $238.00 area.

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.

OA – Run Pullback Bullish Engulf

August 10, 2017 by Rick Saddler

OA – Run Pullback Bullish Engulf

OA put together a run, pullback and a Bullish Engulf yesterday in a trending chart that has recently broken out of resistance. The 3-day chart is showing a Pop Out of The Box pattern followed by a Doji continuation pattern. Remember you don’t have to be in a hurry to make a trade, you don’t have to catch the bottom to make money. You do want to buy close to support, and you want a chart that can make you money.

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

Yesterday morning we took ½ the profits in TVIX and sat on our hands the rest of the day. Don’t let anyone fool you or trick you into trading; it’s ok to take a day off.

► INAP is up 38.89%

From our members post on May 16 and popped another 5.56% yesterday. 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 sellers have taken a short-term interest in the SPY as well as the DIA, QQQ, and IWM. The shooting star on the SPY is still suggesting the sellers want to bring the SPY down a bit more, my guess at this point would be the 34-ema and the 50-SMA. IWM has already broken down through the 50-SMA causing the small caps pain.

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.

Caution And Minimizing Risk

August 9, 2017 by Rick Saddler

Caution And Minimizing Risk

Having caution and minimizing risk plays a very important role in trading. I have found that most traders can make money but holding on to it is challenging. There are 3 words I put into yesterday blog in the “Eyes On The Market” section “Caution Caution Caution.” Our goal is for us all to make money and to minimize risk, Knowing there are days to trade and days when you should not is just as important as making money. By not having a featured trade idea today I am following our rules to minimize risk. We feel the risk is too high today based on yesterday’s price action.

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

Yesterday we took on a couple short positions and dropped a few longs to minimize risk and exposure in the market. Our TVIX and SQQQ we have help are starting to pay; I look forward to the profits on these two.

[32.38% WTW was first presented to HRC members on July 10,

WTW moved another 6.63% yesterday, The total run now is 32.38% 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 SPY printed a long wick in its candle suggesting the bulls are not ready to move higher and are in need of a pullback, this is not too surprising when you consider yesterday’s news about South Korea. We have been pretty vocal about how IWM has looked sick, and the QQQ’s are forming a nasty looking top. The DIA is simply suffocating with no air. OVER all the bulls still have control of the longer trend but all trending charts need a rest period. It is important that support holds over the next few days.

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.

OPHT Bullish Scoop Pattern

August 8, 2017 by Rick Saddler

OPHT Bullish Scoop Pattern

(Ophthothech Corp) OPHT has painted a Bullish Scoop pattern that we can trade in a Rounded Bottom Breakout Strategy. The 3-day chart printed a Bullish Morning Star signal on a higher low. Looking at the 2 and 3-day chart you can see a possible Bullish W pattern on bullish follow through.Having a trading plan has an advantage.

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

Double Digits trades make all the difference in the world – yesterday when the market closed we had 3 in play and 10 trades in the green warming up. We bought FB yesterday and posted targets in the trading room

[29.96%] GRUB was first presented to HRC members on May 30

GRUB moved another 8.25% yesterday, The total run now is 29.96% 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 SPY closed above the T-Line yesterday, this makes 21 days in a T-Line Run, but we have yet to close above the recent high. The QQQ’s are still being held captive by the Bearish Engulf on 7.27, IWM is just ugly, and the DIA is getting up into thin air. Caution Caution Caution I think it’s time Hit and Run Candlesticks create a watchlist of short candidates, so we are prepared when we need them.

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.

$TSCO Bullish Morning Star Pullback

August 7, 2017 by Rick Saddler

$TSCO Bullish Morning Star Pullback

(Tractor Supply) TSCO has printed a Bullish Morning Star Pullback after a strong relief rally. The Rounded Bottom Breakout along with the Bullish price action we are looking for another push in the relief rally.

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

We will head into this weeks trading with 16 positions we are managing. $RIG is one we bought last week and holding well in a Rounded Bottom Breakout Pattern, Not the Bullish Flag breakout. $TLRD in another Flag pull back closing Friday with a Bullish Engulf. (Watch the retail earnings this week) $CC is a T-Line Run with a Box ready to pop out.

[110.78$%] SEDG was first presented to HRC members on February 14

SEDG moved another 2.72% Friday, The total run now is 110.78% Hit, and Run Candlesticks members have learned the importance of their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market (SPY)

The SPY closed above the T-Line last week keeping the Bulls ahead of the Bears. Below $245.70 would put the SPY in in a pullback that could see $240.00. The trend is a powerful friend. Be willing to cut a friend lose when you need to. CAUTION… if the trend changes be ready to change with it.

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.

Personal Trade Evaluation

August 4, 2017 by Rick Saddler

Personal Trade Evaluation

(It’s Friday) Fridays are a good day for personal trade evaluation, pick something about trading you or don’t do and evaluate how you can do it better or may you need to add it to you trading routine. Rather than read someone else’s eBook on the “Ten Things Not To Do In Trading,” write your own eBook based on you and your trading.

Trade Updates – Hit and Run Candlesticks

Below you will find the Hit and Run Candlesticks trading stats for the past 30 days. Yesterday we sold ½ of the RIG we bought at the planned target. This has been a rough week for trading but managed to get through the door still making money. What a difference a week can make without 2-4 Double-Digit trades and the market a bit soft.

Eyes on The Market

Not much change from yesterday DIA’s still lead the way, the SPY is asleep, and the IWM and QQQ’s are having a party in the bad part of town. We own 2 Inverse ETF’s and next week we may start to look at a few short positions if the market gives us a reason.

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.

$IPI Bullish Flag Breakout

August 3, 2017 by Rick Saddler

$IPI Bullish Flag Breakout

(Intrepid Potash Inc) $IPI The Bullish Flag Breakout yesterday came after a Bullish T-Line Run. Yesterday’s breakout also closed above The T-Line High Band, and the faster moving was below the Band indication a PBO (Pull Back Opportunity)

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

16 position remained open and closed 17 in the past 30 days. 28% cash is now on the side lines. Trading the past week has been tuff, don’t let anyone tell you different. Our average win rate has dropped below 60%, and the average gain has dropped. Knowing how to evaluate your trading record and match it with marker performance you have a reached a new level in trading.

[52.14%] IPI was first presented to HRC members on May 16

IPI, made another break for higher numbers yesterday closing above our first target, the second and third will soon come.

Hit and Run Candlesticks members have learned the importance of their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market (SPY)

DOW hit $2200 while SPY, QQQ’ and IWM all stayed behind and trapped between Support and Resistance. [IYT] The transport ETF has been trending down and now tagging the 200-SMA, still no bullish sign. SMH looks like is weak and having trouble staying bullish.

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.

$S Bullish Ascending Triangle

August 2, 2017 by Rick Saddler

$S Bullish Ascending Triangle

(Sprint Nextel Corp) S has formed a Bullish Ascending Triangle with my big 3 moving averages and the 200-sma all coiled up tight. The 2 and 3-day charts have put a Bullish Engulf together that engulfed price and the big 3. The daily chart has formed a type of Bull Kicker after pulling back to the lower trend line.

Good Trading – Hit and Run Candlesticks

Trade Updates – Hit and Run Candlesticks

17 positions open with 75% of trading account in use. In the past 30 days we have closed 16 positions at a 62% win rate (dropped a little in the last few days). We took a 5.5% lose yesterday on a trade that was not working out

Are you having trouble putting together a winning trade? Not sure what scans to use? You come so close 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

[67.39% WUBA] WUBA was first presented to HRC members on February 19,

WUBA, still Bullish and may be setting up with a T-Line Run. Hit and Run Candlesticks members have learned the importance of their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market (SPY)

A repeat of what I wrote yesterday – Price and the T-Line are trapped between Support $245.70ish and Resistance $247.90ish. The 2-day chart still shows a Bearish Engulf but price is still above the 2-day T-Line Band high. The battle is on!

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.

BKS Hammer, Bull Kicker, Consolidate

August 1, 2017 by Rick Saddler

BKS Hammer, Bull Kicker, Consolidate

(Barns & Noble) BKS has formed a recent chart pattern that includes a Hammer, Bull Kicker and now consolidating with a FLAG. The T-Line has risen above it’s self as well as the 34-ema. BKS is an HRC- Rounded Bottom Breakout setting up to challenge the 200-sma, 17% away.

Trade Updates – Hit and Run Candlesticks

We are still holding 18 positions, closed one for a loss and added a position (Inverse ETF) yesterday. I am growing a bit concerned about the market and will start to close few more positions so not to be over exposed.

Are you having trouble putting together a winning trade? Not sure what scans to use? You come so close 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

[29.49% IPI] IPI was first presented to HRC members on May 16,

IPI is still Bullish and has moved above consolidation with a T-Line Run. Hit and Run Candlesticks members have learned the importance of their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market (SPY)

Price and the T-Line are trapped between Support $245.70ish and Resistance $247.90ish. The 2-day chart still shows a Bearish Engulf but price is still above the 2-day T-Line Band high. The battle is on!

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.

IMGN Bullish Morning Star and off Support

July 31, 2017 by Rick Saddler

IMGN Bullish Morning Star and off Support

(Immunogen Inc) IMGN printed a Bullish Morning Star on the 3-day chart and off support on several time frames. The T-Line Run continues to climb higher with price as price continues to make higher highs and higher lows. Note the daily chart also has printed a Bull Flag with a breakout.

Trade Updates

IMGN had a wonderful week last week, and Friday’s close suggests the Bulls intend on pushing price higher. Hit and Run Candlesticks is starting the week off with 18 positions. We are looking to build new double-digit winners this week – The trend is your friend.

Are you having trouble putting together a winning trade? Not sure what scans to use? You come so close 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

[23.70% FSLR] FSLR was first presented to HRC members on May 31,

And closed Friday up another 9% for a total of 23.7% Another chart that has worked out very well for Hit and Run Candlestick Members. Hit and Run Candlesticks members have learned how important it is to use their trading tools, Price with Candlesticks and manage their trades using The T-line, Trend, Trend Lines, Support, and Resistance.

Eyes On The Market

On the SPY price and the T-Line are still working together and climbing higher, overall earnings have been positive. $247.90-ish, the recent high is resistance, and $245.70-ish is recent support.

What is a Trade Idea Watch-list?

A trade idea watch list 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

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.