Friday – My Favorite Day of Trading

(It’s Friday) Friday is my favorite day of trading because it’s the day I get rewarded from a hard work week. Yep, every Friday I write a paycheck to myself from my trading account.

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?

There are no trade ideas posted today, but you should have a running watchlist.

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

Yesterday we closed ½ ZYNE 12.88% • ½ GRPN 16.25% • ½ IDGX 21.48% • ½ MACK 10.78% • SEAS 1.68 • LOXO -.02%

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►Eyes on The Market

It sure has been a good week to trade with the overall market hitting new highs. We have moved our SPY pullback line up to $253.10. Any price action pullbacks above $253.10 we will consider bullish. I do feel this market may need a rest soon based on the length and the speed of the most recent rally. The T2122 indicator is also approaching the overbought area. For this reason, we did start hedging.

Rick’s trade ideas for the day MEMBERS ONLY

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Investing and Trading involves significant financial risk and is 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.