Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
UGAZ Long | Support, Breaking a downtrend line, Bullish T-Line™, C & H

Double click the trade plan to enlarge

Good Morning, Profit Traders,

$212.30 remains support and $215.55 remains resistance on the SPY chart. The T-Line™ should be considered now that it has caught up to price. This week the big bad FOMC meets and will let us know of a rate hike or not, which I suspect will move the market.

Last week we were able to find great trades in both long charts as well as inverse ETFs in lieu of short trades.  I expect nothing different this week.

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
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
CLMT Long | RBB, Bull Engulf, J-Hook Continuation Pattern

Double click the trade plan to enlarge

Good Morning, Profit Traders,

$215.55 and now the T-Line™ have joined the resistance team.  As far as price action and a bullish candle pattern go, yesterday was a strong day for the bulls, just not strong enough to close over what they needed which was to close over the $215.55 resistance line.  My stand this week has been under $215.55, sellers have control; over that, the buyers have taken a baby step toward bullishness.

Quad Witching Today, Here’s something on triple witching? It is a phenomenon that occurs on the third Friday of four months:  March, June, September, and December. The day is known as…triple witching
Recently I have been asked about the Bullish Kicker Candle Pattern…Read More

Above is a Snapshot of my current positions and the past 30 days of business

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
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

Folks there are some days it’s best to just go fishing.
I feel that trading today or maybe the next few days would a tug a war between equal powers and nothing really happens, the fruit will be ripe for the picking very soon.

Good Morning, Profit Traders,

For now, the SPY is happy with $212.31 acting as support, but we have yet to see bullish follow-through to suggest the bulls are taking the game back.  The T-Line™ is below the 34-ema, and price remains under the T-Line™.  This is a smack in the face that the sellers still overwhelm the buyers.  $215.55 is still the first upper resistance line the bulls need to attack and win.  A close below $212.55, the battleground becomes the $210.25 area.  Price is below all of our intraday deuce trios except for the 4-hour chart which is right in the trio middle.

Something to Think About – A cluster of narrow range candles often leads to big profits.

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
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
LC Long | RBB, Bull “W”, Bull Engulf, Weekly Rising Method

Double click the trade plan to enlarge

Good Morning, Profit Traders,

It looks as if the futures are suggesting an open above $212.31 (current support line) and below $215.55 (current resistance line).  From the recent top and the June 27 low, the SPY is between the 23.6% and the 38.2% fib lines.  From the February low, we are not even to the 23.6% Fib line.  The T-Line™ has crossed below the 34-ema (bearish) and the visible candle patterns are all bearish.
How does all this fit in your trading plan?

Something to Think About – Support and Resistance are useless unless price approves it.

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
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
Z Short| Doji continuation pattern

Double click the trade plan to enlarge

Good Morning, Profit Traders,

BULLISH PIERCING CANDLE…Yeah, let’s get BULLISH! ……Hold on, Hold on, Hold on.
Yes, yesterday painted a bullish piercing candle on top of Friday’s gap down, Island reversal, monster decisive bearish candle. Candlesticks require confirmation!  Also, the bearishness has come from planning and building — two Evening Stars, a double top, and the Island Reversal.  One candlestick candle is not a game changer.  Step back and take a look at the chart, (not the hard right edge candle).  What does it look like to you?

Yesterday’s members’ closing market comments.
The SPY would have to be over $215.55 and stay over $215.55 to have a bullish chance.  Below $215.55 keeps the bear in a powerful position.

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members

Reserved for 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
EEM | 3-day Evening Star | 3-day Red Ice Fail

Double click the trade plan to enlarge

Good Morning, Profit Traders,

Price closing Friday below the 34-ema and the T-Line™ will likely do the same today, putting the sellers in complete control.  Price has broken through all of our possible support lines.  Now the$210.25 support line is ready to be tested and likely broken over the next several days.  One of our deuce lines sits at $208.45 and the big deuce sits at $205.65.

The stocks of the members’ trade idea list was TZA, SOXS and UVXY.  If bought, you are rolling in money.  Isn’t it fun to trade when you’re making money?
Watch for relief rallies…..

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members

Reserved for Members Only

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

It’s Friday, let’s close a few positions and head to the Bank
No trade idea today

Good Morning, Profit Traders,

The T-Line™ is a powerful timing indicator!
The SPY bear is stirring and the 4-day chart is sporting a bearish engulf. Looking at the 4-day chart, you can clearly see a bearish engulf followed by weak Doji candles. The $207.07 support line could be tested for strength or weakness today. The 30-minute chart has already cracked; with weakness, the 60-minute, 2-hour and 4-hour will follow. If the $217.25 cracks, the short-term bear will want to eat a little.

Members of HRC and RWO have enjoyed sweet success the past few weeks, and we plan to do the same in the days ahead.  Our plan will be to (if needed) have a few shorts ready and inverse ETFs.

A comment from a member yesterday:
(09:55 am) Neenie .:I am excited today as I am finally beginning to develop my own rules. Never thought I would see the day. In reality, it was all a blur when I started. Still not where I need to be, but working on it. What a difference this place has made for me. Thanks to all that help!
(09:56 am) John Velez:Only been here for a week and already agree with you Neenie

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members

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
CARA | 4-day Morning Star | Daily RBB

Double click the trade plan to enlarge

Good Morning, Profit Traders,

The T-Line™ is a powerful timing indicator!
The SPY bull-bear standoff continues.  Despite the $219.25 line that seems to be keeping the bulls at bay, the bull is still in charge.  Price continues to crawl — and I do mean crawl — upwards. Just in case you have forgotten, I wanted to remind you that the 2 August Shooting Stars are lurking, and they are the $219.25 resistance line.  $217.07 and now the 34-EMA remain a good support area.

A comment from a member yesterday:
4:16 pm from JFlyer:  “Ladies and gents. I’ve been trading stocks and options on and off for 20 years.  Some good; some bad.  I’ve been in an endless number of forums.  Never have I experienced anything as honest, steady and of high quality as this room.  I advise you to give RWO a try.  If nothing else happens, you’ll still get a great education.”

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members

Reserved for 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!
———————————————————————-
Based on the close yesterday | Watch for the change
SPY:  T-Line™ & 2-hour chart | T-Line above 34-ema
IWM:  T-Line™ & 2-hour chart | T-Line above 34-ema
SMH:  T-Line™ & 2-hour chart | T-Line above 34-ema
IYT:  T-Line™ & 2-hour chart | T-Line above 34-ema
DIA:  T-Line™ & 2-hour chart |T-Line above 34-ema
USO:  T-Line™ & 2-hour chart | T-Line below 34-ema
UUP:  T-Line™ & 2-hour chart | T-Line above 34-ema
VIX: T-Line™ & 2-hour chart |T-Line below 34-ema

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

VXX S&P 500 VIX Short Term Futures:  A close above the T-Line ™ implies the bullish short-term swing traders are in control.  A close below the T-Line ™ implies the bearish short-term swing traders are in control. 
Energy Sector: XLE, SX90, ERX, USO  A close above the T-Line ™  implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control. 
SMH: A close above the  T-Line ™ implies the above short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control. 

IYT: A close above the  T-Line ™ implies the above short-term bullish swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control. 

US Dollar Index: UUP, DXYO A close above the  T-Line ™  implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.  Learn more about the T-Line – Click Here

The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.

Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.

Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
FB | 4 bar consolidation breakout

Double click the trade plan to enlarge

Good Morning, Profit Traders,

The T-Line™ is a powerful timing indicator!
The bull-bear standoff continues.  Looking at the SPY, the bull flexed a muscle or two yesterday, but not enough to close above $219.25.  The SPY chart is very easy to read these days — a breakout and close above $219.25 could free the bull, and a breakdown and close below $217.07 would free up the bear.

Not to worry HRC members, our members-only trade list continues to produce:  NK +19%, ARLZ +39%, ERII +26% and the list goes on!

All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.
—————————————————————————————–
Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members

Reserved for members Only

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!
———————————————————————-
Based on the close yesterday | Watch for the change
SPY:  T-Line™ & 2-hour chart | T-Line above 34-ema
IWM:  T-Line™ & 2-hour chart | T-Line above 34-ema
SMH:  T-Line™ & 2-hour chart | T-Line above 34-ema
IYT:  T-Line™ & 2-hour chart | T-Line above 34-ema
DIA:  T-Line™ & 2-hour chart |T-Line above 34-ema
USO:  T-Line™ & 2-hour chart | T-Line below 34-ema
UUP:  T-Line™ & 2-hour chart | T-Line above 34-ema
VIX: T-Line™ & 2-hour chart |T-Line below 34-ema

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.

VXX S&P 500 VIX Short-Term Futures:  A close above the T-Line ™ implies the bullish short-term swing traders are in control.  A close below the T-Line ™ implies the bearish short-term swing traders are in control. 
Energy Sector: XLE, SX90, ERX, USO  A close above the T-Line ™  implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control. 
SMH: A close above the  T-Line ™ implies the above short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control. 
IYT: A close above the  T-Line ™ implies the above short-term bullish swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control. 
US Dollar Index: UUP, DXYO A close above the  T-Line ™  implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.  Learn more about the T-Line – Click Here
The information in this email and Blog Post are notes to myself and should NOT be construed as financial or trading advice.
Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only.
Investing and Trading involves significant financial risk and is not suitable for everyone. No communication or chat sessions should be considered as financial or trading advice. All information is intended for Educational Purposes Only.
http://hitandruncandlesticks.com Trading for Profit is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not tell or suggest which securities or currencies customers or subscriber should buy or sell. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here.