Swing Trade Ideas April 7, 2015

Today’s Swing Trade Ideas

MUR/Long (Energy)   MUR is a rounded bottom breakout pattern after a Bullish Belthold about a month ago and has followed up with a bullish “W” pattern and a double bottom.

More on how to trade MUR in the trading room today at 9:10 AM EST.
Possible entry plan idea:  The buy box is from $48.50 to $50.40
Possible stop plan idea:  A weak candlestick signal or below 48.50

Updates –
Member e-learning tonight 8: PM EDT
Tina Logan webinar “East meets West”
Rounded Bottom Breakout clinic (end of April)
Vancouver meet upcoming in June

Good Morning, 

SPY:  If one were to look at a chart of the SPY, you would see a four-bar pattern that has created a low then afailed high followed by a successful higher low, which happens to be a Doji, then followed by a Bullish Engulf.  Because of where it is compared to recent candles, we will consider this a bullish reversal pattern; just remember, in all candlestick signals, confirmation is required.  Other than a few relief rallies, the lower highs continue to stand out in light of yesterday’s bullish candle.  A close over $208.61 would change that pattern and could put the Bulls back in the driver seat.

IWM:  IWM continues to lead the way with the T-Line leading the big three and price leading the T-Line.  Yesterday’s candle indicates that the Bulls are not throwing in the towel.  Yesterday was a terrific day in the market, and in the trading room many traders took some fantastic profits and entered great looking trades.  Continue to stay with your trading rules and strategies.

This Week’s Economic Calendar—> Click Here

Members Trade Ideas –  Members Only

Symbols from TC2000
**Members Only

In the members area you will find 10-15 trade ideas every day

Each day 10 -15 stocks are posted in the members area that I believe are poised to move 10-20% (maybe more) within the next few days based on the charts. As you know some work and some don’t…Welcome to trading. Please follow your trading rules for entry stops and profits. Remember to check for earnings!

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.

Symbols formembers only % Date  Long/Short Try our Membership, Check out the Trading Room
4.3.15 Long BOPT
4.1.15 Long BOPT
3.30.15 Long BOPT over T-Line
3.26.15 Short Short on weakness
3.25.15 Long BOPT
3.24.15 Long BOPT
3.19.15 Long BOPT
3.18.15 Long BOPT over T-Line, close on weakness
3.13.15 Long BOPT
3.11.15 Long Close on weakness
3.6.15 Long Wait for buy signal
3.2.15 Long BOPT
2.25.15 Long BOPT
2.24.25 Long BOPT
2.23.15 Long BOPT
2.17.15 Long BOPT
2.13.15 Long BOPT protect profits
2.12.15 Long BOPT
2.3.15 Long BOPT protect profits
1.22.15 Long BOPT above 50sma
1.7.15 Long BOPT
12.22.14 Long BOPT
7-8-14 Long BOPT

VXX S&P 500 VIX Short Term Futures:  A close below the T-Line ™ implies the bearish short-term swing traders are in control.

Energy Sector: XLE, SX90, ERX, USO  A above the T-Line ™  implies the bullish short-term swing traders are in control.

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

US Dollar Index: UUP, DXYO A close below the  T-Line ™  implies the bearish short-term swing traders are in control.

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.

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