VXX Puts Another Base Hit

Yesterdays Bearish Shooting Star in the VXX is suggesting we’re going to celebrate the New Year in style with another good base hit. Congratulations to the members in the VXX Put!

A Day Traders Market

The Top Gun Trading room is up just under $2,800 in December while risking only $100 to $200 per trade. Our latest trades can be seen below, The Top Gun Day Trading Room operated by Steve Risner and Steve and many in the room have paid for there membership in one single day of trading. Top Gun Day Trading is a Division of Hit and Run Candlesticks Inc. So let’s take a look at what’s going on in the day trading room.
Top Gun Day Trading – Despite the weakest market in over a decade, the room is up over $2,800 in December while risking only $100 to $200 per trade. Our latest trades include:

  • 400 shares of SPXS for +$163.00
  • 2 AAPL Puts for +$185 in less than 10-min
  • Day Trading Room Open House: Today and Tomorrow • Password B-52 • Login Here
  • Get started for the new year Click Here please ask us if there are any 25% discount coupons left.

SPY ETF – After the sellers had their way with the SPY, the buyers came in and pulled the candle out of the mud and closed us above the Bullish Morning Star. That’s what you call follow-through. On the SPY weekly chart price action is getting close to drawing a Bullish Piercing Candle, a good close today could do it. For the (RBB) Rounded Bottom Breakout traders the SPY is set up on the 60-Min chart.

The SPY is starting to run into a little resistance, so let’s be a little careful. We should see a pullback soon to test the rally we have had. Another thing I want to mention is this market is still under a ton of pressure, and the Bears still control the trend. We could easily see price action walk to trend at this point.

Good trading and Happy New Year

TC2000 T2122 Chart – The four weeks New High/Low Ratio is still in the oversold area and Stochastics is deep within the oversold area as well. FYI: A chart oversold is only a condition, not a reason to buy. Oversold can last a long time while you keep trying to pick a bottom and losing money. TC20000 is my favorite charting package of all time.

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

A Day Traders Market

Over the past several weeks this sure has been a day traders market, The Top Gun Day Trading Room operated by Steve Risner has been killing it. Top Gun Day Trading is a Division of Hit and Run Candlesticks Inc. So let’s take a look at what’s going on in the day trading room.
Day Trading Room – Despite the weakest market in over a decade, the Top Gun Day Trading room is up over $2,500 in December while risking only $100 to $200 per trade. Our latest trades include:

  • 400 shares of UVXY for +$292 while risking $120
  • 400 shares of UPRO for +$340 while risking just $60 – over 5.5 times the amount at risk.
  • Day Trading Room Open House: Today and Tomorrow • Password B-52 • Login Here

SPY ETF – Yesterday was a nice bullish day in a down trending market. On the weekly chart, we bounced off our 200-SMA right into our Dotted Deuce moving average. This morning the futures are digesting the monster move made yesterday. Our Key low the bulls need to protect is now $233.76. With follow-through over yesterdays candle and the downtrend line, I would expect $251.80.

Good trading and Happy New Year

TC2000 T2122 Chart – The four weeks New High/Low Ratio closed yesterday at 14.29 up from 1.35. 1429 is still in the oversold area and as you know there is no guarantee that oversold means the bulls are in charge. TC20000 is my favorite charting package of all time.

Long and Short Trade-Ideas

GRPN, OSTK, AAPL, AVGO, DLTR, XRAY are now on our watchlist for a possible trade within the next few days. AAPL is our featured long trade-idea today with a Bullish Morning Star Candle pattern on the daily and a Bullish Piercing1 Candle pattern on the weekly chart. We are bullish above $157.25. Past performance does not guarantee future results. Learn how to trade before you trade.

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

The Definition of Hostage

Hostage – A person (goverment) seized or held as security for the fulfillment of a condition. Any more said and I would defiantly offend someone.

Last week we talked about how the weekly Dotted Deuce and the weekly 200-SMA were likely two target areas for price on the SPY. The Dotted Deuce came and gone while the 200-SMA tested Monday. There is simply not much to say; the market is currently trending down with no reversal pattern. Yes, we are oversold, but price has not caught on to that just yet. Maintain caution, protect your money, better days are ahead.

TC2000 T2122 Chart – The four weeks New High/Low Ratio has dropped lower into the oversold area and Stochastics is deep within the oversold area of the chart. On the weekly chart, the SPY has found the Dotted Duece, and the 200-SMA weekly is not to far below. Price and the T-Line are still leading the run down in both the daily and weekly charts. We have now pulled back to the 61.8 fibs measured from early 2017 to the 2018 highs. FYI I am just pointing out a few points I see on the charts, the questions we talk about in the trading room is what do we do with that information.

Long and Short Trade-Ideas

OSTK, TAHO, ABX, NEM, PVG, KDP, LLY, SCG are on our watchlist for a possible trade today or within the next few days. LLY is our featured short trade-idea today with a Bearish “h” pattern set up failing the 50-SMA. With a Stock Swing Trade of about 10% or more and an Options Trade of 30% or more. Members log in for more details. Past performance does not guarantee future results. Learn how to trade before you trade.

Trading Room Open House

Hit and RunCandlesticks and Right Way Options have opened our doors forthe holidays; this would be a great time to get to know us, ask a question aboutour service and put a few $$$ in your pocket. Trading Rooms #1 and #2 no password required –  https://hitandruncandlesticks.com/trading-rooms/

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

Merry Christmas

Merry Christmas from our family to your family

200-SMA – The market will only be open half a day today, and there is a good chance price finds a way to the weekly 200-SMA near the $234.40 area. With Friday’s close below the Dotted Deuce, we would expect the next lower target would be the 200-SMA.

Trading Room Open House

Hit and RunCandlesticks and Right Way Options have opened our doors for the holidays; this would be a great time to get to know us, ask a question about our service and put a few $$$ in your pocket. Trading Rooms #1, #2 no password required- The password for Room #3 is B-53 • https://hitandruncandlesticks.com/trading-rooms/

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

LULU Another Base Hit

Yesterday we closed our LULU PUT trade with 13% profit, nothing big but a solid base hit. Another base hit we are looking for is VXX trade, most likely we will close it out today

Ok so rate hike is behind us, and now we have the government shut down to consider. It is a shame that the government uses innocent peoples paycheck as a bargaining chip. Honestly shut the damn government down but pay people what you have promised.

TC2000 T2122 Chart – The four weeks New High/Low Ratio has dropped lower into the oversold area and Stochastics is deep within the oversold area of the chart. On the weekly chart, the SPY has found the Dotted Duece, and the 200-SMA weekly is not to far below. Price and the T-Line are still leading the run down in both the daily and weekly charts. We have now pulled back to the 61.8 fibs measured from early 2017 to the 2018 highs. FYI I am just pointing out a few points I see on the charts, the questions we talk about in the trading room is what do we do with that information.

Trading Room Open House

Hit and RunCandlesticks and Right Way Options have opened our doors forthe holidays; this would be a great time to get to know us, ask a question aboutour service and put a few $$$ in your pocket. Trading Rooms #1 and #2 no password required –  https://hitandruncandlesticks.com/trading-rooms/

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

Probability of A Bounce?

Is there a probability ofprice bouncing to test the T-Line? I would expect so over the next few days; thiswould also set up better short patterns. When I look at the SPY chart, I see fivenew lows in a row which tells me not to chase. Please note a relief rallybounce is only that. After the Bearish T-Line Run, we have had we wouldn’t wantto be chasing.

The SPY posted anotherlow ($249.35) and closed off the highs of ($251.26). The sellers continue to commandthe show. The buyers would have to close over $259.391 to even get a mention.On the weekly chart, the Dotted Duece is at ($247.25), price is only about$2.00 away. The T2122 chart is very oversold, and the 12.3.3 stochastics indicatoris oversold, could we see a bounce? Yes, we could, but it would take buyers, sofollow price action. The best way I have found to follow price is to look athow price action is trending compared to the T-Line.

Trading Room Open House

Hit and RunCandlesticks and Right Way Options have opened our doors forthe holidays; this would be a great time to get to know us, ask a question aboutour service and put a few $$$ in your pocket. Trading Rooms #1 and #2 no password required –  https://hitandruncandlesticks.com/trading-rooms/

Long and ShortTrade-Ideas

GE, PANW, YELP, ZTS, MTCH, LULU are on our watchlist for a possible trade today or within the next few days.

GE is our featured trade-idea today as it comes out of a Pinball set up and the bottom it is constructing. We will look at GE when itcloses over $7.95 with a test of support. A stock swing trade to about the50-SMA (14%) or an Options Trade of 30-40% or more. Members log in for moredetails. Past performance does not guarantee future results. Learn how to tradebefore you trade.

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

Focus On Mr. Powell Today

The focus will be onMr. Powell and the FOMC at 2:00 pm today. Does Powel announce a rate hike today? The words he uses for the future will be just as important, but more importantly is how the market interprets the information given.

No surprise the price action of the SPY is still bearish in relationship to the T-Line and the T-Line, 34-EMA, and 50-SMA are trending lower below the 200-SMA. The candle actionof the last two days has printed a Tweezer Bottom in a possible support area. ATweezer Bottom on support is just a clue in the big picture. Bullish follow-throughis required for any bullish meaning. And support means very little withoutbullish confirmation. Let’s fasten our seatbelts and keep our arms and legsinside the bus, could get crazy today.

Trading Room Open House

Hit and RunCandlesticks and Right Way Options have opened our doors forthe holidays; this would be a great time to get to know us, ask a question aboutour service and put a few $$$ in your pocket. Trading Rooms #1 and #2 no password required –  https://hitandruncandlesticks.com/trading-rooms/

Long and ShortTrade-Ideas

AG, FSM, PHM, NEM, AES, USFD, ESRX, AVGO, COP, SEAS are on our watchlist for a possible trade today or within the next few days.

AG is our featured trade-idea today because it alerted an (RBB) RoundedBottom Breakout with a Stock Swing Trade of about 10% or more and an Options Trade of 30% or more. Members log in for more details. Past performance does not guarantee future results. 

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

A Traders Code

A traders code for (Bullish trends), Higher highs and lower lows, and the opposite for (Bearish trends) Lower lows and Lower highs. The following charts have been following the bearish code. IYT, SMH, FDX, and COPX are a few charts I watch to get the pulse of the market. You can get the same picture by using three moving averages such as The 3-EMA, T-Line, and 34-EMA, another popular combo is the 3-EMA, T-Line, and17-EMA or simply three moving averages that make sense to that fit in your trading world. When you look at the above charts and the moving average groupings what do you see?

Trading Room Open House

Hit and RunCandlesticks and Right Way Options have opened our doors forthe holidays; this would be a great time to get to know us, ask a question aboutour service and put a few $$$ in your pocket. Trading Rooms #1 and #2 no password required –  https://hitandruncandlesticks.com/trading-rooms/

Watchlist Ideas

Becauseof technical issues, we will not have any trade ideas for the watchlist today.After the market open the LTA scanner will find up more we can trade. Thank you for your understanding.

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

The Savvy Trader Knows

The savvy trader knows how to make money in all markets, but the savvy trader needs the right tools and understands charts. Keep reading for a few of my thoughts. Bullish data is desperately needed, or the bull will likely endure more pain. Currently, I see three events that could potentially hurt or help the market. The first event is the FOMC statements this week, the government shutdown, and the China trade issues. Currently, the  SPY, DIA’s and QQQ’s are testing areas that could lead to erasing 2017 gains just as we have seen in the 2018 gains.

Transports are looking broken and weak. The Transports ETF (IYT) has broken the bullish weekly trend line, ralliedfor a trendline challenge and failed. Price is looking for support, and withouta bullish catalyst, $162.40 looks to be inviting price.

Watchlist Ideas

We are adding PGR to our watchlist for a short trade. The weekly chart has failed top with bearish follow through. Last week’s weekly candle supported the Bearish Engulf and closed below the weekly50-SMA setting for a Blue Ice Failure strategy. For more information, (entry,Targets, and Stop) please join us in the trading room.A few others that we have on our trade list is MDB, DVMT, PG, KO, TXN, IMMU, NFLX. Past performance does not guaranteefuture results. Learn how to trade before you trade.

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

Take a Little Cash Home Today

Looks like members will take a little cash home today on the shorts and PUTS. Way To Go!! Yesterday I bought PUTs on the QQQ’s, and I know others who had PUTS on IWM, SPY and DIA’s

Yesterday S&P-500 ETF (SPY) closed below the T-Line for the 7th day in a row on the daily chart, and the weekly chart is still drawing a Doji. This week high$269.00 is what the buyers need to bust to gain any traction. The sellers look as if they want to revisit the October, November, December lows or close to them.

From Our Day Trading Division 

Top Gun Day Trading had a fantastic week and a month so far. Here is the note I received from Steve Risner.

We finished the week +$1,445 for the week and are up $1,920 for the month. Have a great weekend everyone. We love the volatility in the market, in and out within a day. Sleep better at night

Yes, The Little Account Can!

Yes, the little account can make it in the trading game, and the good traders can be better. Back in January this year I opened a little trading account to prove a prove a point (and to see if I could do it). The project was called “Road To Wealth.” I opened the account with $5,100.00, and as of 11/30/18, the account is worth $23,567.00 or a 362% increase.

If you would like to learn from someone that truly makes money not just one hit wonders and backs it up with his account statement. Click The Button Below

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it.  Past performance does  not guarantee future results. Terms of Service

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