Friday’s at Hit & Run Candlesticks
- Never end the week without profits
- Reevaluate your current positions
- Share your week’s trading with a trading buddy
Good Morning, Profit Traders,
We closed 1/2 of TZA – Yesterday we closed 1/2 of our TZA position for an 11.69% (Double-Digit gain). TZA was already above our first target. IWM is still under the seller’s spell and more downside is likely, remember there are always little relief rallies.
The SPY ended up engulfing Wednesday keeping the T-Line under the 34-ema and sellers in power. One of the SPY targets is the $211.50 area – on target.
OUR EXAS short has hit Double-Digit Status with plenty of room to go.
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Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
EVH Short |3-day Evening Star| Dreaded “h” Pattern | Blue Ice
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
IWM under a great deal of pressure – Yesterday, IWM had a failed attempt at closing above the T-Line™ and closing above Tuesday’s close. The trend in the IWM chart is currently controlled by the sellers with short-term relief rallies. Unless there is a dramatic change in the overall market I expect IWM to reach another low target of $117.40ish.
We are currently in a mixed bag of positions, longs and shorts. We still see plenty of long positions and far more short positions.
We will continue to do what we do best as you should as well, stick with what you know (trading strategies) lower position size, take profits sooner, work within trending charts in the direction your trading. And most of all except the fact you don’t have to trade every day, just because someone else is making money doesn’t mean you’re going to make money.
Learn the Basics – Build your trading foundation
Gain insight – Daily updates keep you on your toes
Set Goals – Then MEET THEM
Become a Master – And never stop learning
Join a Team – Members share their expertise as well
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
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Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
ESTY Sort |PBO Morning Star| Trending
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
Will $211.50 be tested (SPY)? Yesterday we had a doji top failure (Shooting Star) at the top of the downtrend line. I see a little short-term support at the $211.50 level if the sellers keep pushing the buyers back. Both SPY and IWM are setting up for serious Blue Ice Failure if the buyers don’t wake up.
The Nasdaq Composite Index is looking very toppy and forming a sellers dream; below $5180 will be painful.
USO is in a pullback stage, and we are watching the $10.95 area but most of all waiting for a reversal signal to appear, (a test of traders’ patience). UUP found resistance and printed a Bearish Dark Cloud Cover. A pull back to some extent is 100% likely.
Here at HRC, RWO and Trader Vision we are proud of our education. We teach a simple common sense approach to Swing Trading for Profit.
Learn the Basics – Build your trading foundation
Gain insight – Daily updates keep you on your toes
Set Goals – Then MEET THEM
Become a Master – And never stop learning
Join a Team – Members share their expertise as well
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
Continue Reading
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
CGNX Long |PBO Morning Star| Trending
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
Here at RWO, HRC, and Trader Vision we work hard to provide the best trading education possible. Without a solid base of trading education, it is nearly impossible to trade profitably.
We share charts that we like and trades we take, without the education many traders lose money on the best trades. Have you ever asked yourself “why others trade money” on that stock but I lost money?
Doji at resistance (SPY) — The dollar (UUP) rises, oil (USO) building support, SPY and IWM trying to push through resistance and the 34-ema. $215.90 and the 50-sma is the next big mountain for the SPY to climb if there is 34-ema success. From early August, the SPY chart has been controlled by the sellers, and the recent bullish activity has not changed very much other than we are seeing a fair amount of bullish charts setting up. The takeaway is the bullish charts while the market is in relief rally mode.
TECH is doing very well and the QQQ’s are rocking (watch AAPL).
YRCW +37.93%
AAOI +83.59%
NVDA +13.86%
WIX +26.94%
Are you in a trading room that offers up this kind of results? Are you in a trading room that is active all day? Are you in a trading room that teaches and educates every day?
If you’re not you should be!
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Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
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Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
CVI Long |Piercing signal| RBB Pattern
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
Here at RWO, HRC, and Trader Vision we work hard to provide the best trading education possible. Without a solid base of trading education, it is nearly impossible to trade profitably.
We share charts that we like and trades we take, without the education many traders lose money on the best trades. Have you ever asked yourself “why others traders made money” on that stock but I lost money?
T-Line™ below the 34-ema (SPY) — $214.50 remains a very important line for the bulls to beat, and the morning futures are suggesting the bulls may rage war on that line today. How the SPY closes today could be very important to the outcome of this and next week’s trading. Above $214.50 are a few obstacles we need to keep an eye on the downtrend line, recently failed highs, the 50 and 34 moving averages and $217.53 the September high.
WNR +23.23%
AVP +7.64%
JWN +31.38%
CZZ +29.57%
Do we have losers? Yes , e do! By having a plan for each trade we limit our losses.
Click Here to be on the Double-Digit winning team
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
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Rick’s Featured Trade Ideas
It’s Friday, reel some fish in. No featured trade idea today, see stock picks below
Good Morning, Profit Traders,
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T-Line™ below the 34-ema (SPY) — By following a few easy rules and understanding the basics of charting, we have seen great profits from new traders as well as seasoned traders. Learning the basics is a great way to keep trading simple. Even though the SPY continues to disappoint (by the way, $214.50 boogie man line is still scaring price away), we are seeing good-size fish being pulled out of the trading pond and still holding some fish for good, double-digit profits.
Below are a few fish that have been caught and a few still being reeled in:
CRK +17.74%
WAC +49.47%
ARLP +34.32%
CZZ +24.83%
We have many more that we have caught this past week and many more that are still being reeled in.
Tell me why again you’re not a subscriber to our service and receive a free membership. Last month we gave away 5 free memberships. Contact Us
Click Here to be on the Double-Digit winning team
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
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Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
OCN Long |3-day Morning Star| Bullish W Pattern
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
T-Line™ below the 34-ema (SPY) — The T-Line™ has pushed through the 34-ema on the 2-hour chart with price pushed tight against resistance (it’s a waiting game). The 4-hour and the daily charts are still in control of the sellers. $214.50 remains the first of several hurdles for the buyers to overcome. For the Russell 2000 Index ETF IWM, the price needs to be over $122.95 before it gets bullish marks.
WOW! Did you see our FSLR yesterday? We went to the bank on 1/2 the trade as many of the HRC subscribers did. CONN was another big winner. HRC subscribers took advantage of, both FSLR and CONN with more gains to come if managed correctly.
CONN ran, 14.37% yesterday
WIX closed higher, up another 4.98% for a total 28.89%
ARLP up another, .85% for a total of 33.20%
Click Here to be on the Double-Digit winning team
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
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Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
EMES Long |Bullish Inverted H&S| Bullish Wedge
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
T-Line™ below the 34-ema (SPY) — Funny, I see reports that the Wall Street Journal and several news blogs are now getting concerned about the strength of the market. HOLY CRAP, Batman! For the past 26 days, we have been shouting this. It is crazy how traders hang on to their emotions for so long when the chart is staring them right in the face.
As a swing trader, all we have to do is learn a few charts patterns, understand what price action is using candlesticks signals, have an understanding of support and resistance, and let’s not forget the magic of a trend. The SPY and the market, in general, is under bear pressure. Just look at the SPY, IWM, DIA, and the QQQ.
WAC reached higher, up another 5.71% for a total 46.83%
ARLP closed higher, up another 2.84% for a total 32.08%
TPC slide lower, 4.03% yesterday for a total gain of 10.61%
Click Here to be on the Double-Digit winning team
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
EVH short |3-day Evening Star| Blue Ice Failure
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
T-Line™ below the 34-ema (SPY) — Thursday, Friday, and Monday printed a Low, a High, and a Higher Low. The futures this morning is suggesting the bulls may try and reach for the $214.50 area. Remember our charting rules; this would be nothing more than a relief rally until the bearish trend line is broken.
Take the hard right edge price out of the picture and you have a clear trend using the T-Line™ and the 34-ema. The 2-ema and the 3-ema are also still trending below the T-Line™.
2-hours with a Trading Coach can be a game changer!
We have 4 coaches that can help you jump hurdles and reach your trading goals. You can read each bio to help you decide which coach would be better for you.
https://hitandruncandlesticks.com/coaching/
Ed Carter
Steve Risner
Doug Campbell
Rick Saddler
WAC reached higher, up another 9.38% for a total 38.89%
CZZ closed higher, up another 1.31% for a total 18.41%
Did you know we have closed 6 double digit winners in the last 30-days and currently in a double-digit winner? That’s 84 DOUBLE DIGIT WINNERS a year!
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
Continue Reading
Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
LABD Long | Bullish Engulf | RBB Pattern
Double click the trade plan to enlarge.
This not a recommendation to buy. Simply sharing a trade we are considering.
Good Morning, Profit Traders,
Coaching with Hit & Run Candlesticks and Right Way Options
We have 4 coaches that can help you jump hurdles and reach your trading goals. You can read each bio to help you decide which coach would be better for you.
https://hitandruncandlesticks.com/coaching/
Ed Carter
Steve Risner
Doug Campbell
Rick Saddler
HRC member trade ideas
S Long, up another 3.84 for a total 60.50%
FRAN Long, Stair stepping, up now 33.71%
SSRI Short, trending down, 18.57% for subscribing members
LGND Short, Blue Ice Failure and 20% for subscribing members
Save $255.00 with an HRC Annual Membership
Save $203.00 with an RWO Annual Membership
T-Line™ below the 34-ema (SPY) — The SPY closed down Friday $1.57 from its Friday high failing to close above $214.50. Friday was the fourth-day price closed below the T-Line™ and today is likely to do the same. In all important time frames, the SPY is weak and the bears have the upper hand.
$214.50 is still the number to beat; downside numbers are $210.26-ish and $2017.70-ish.
Ready to be on the winning team? Click Here
Rick & Hit and Run Candlestick Team
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