Today’s Swing Trade Ideas
TX/Long (Steel) TX is setup for our RBB strategy closing yesterday with an engulf over a Doji.
More on how to trade TX in the trading room today at 9:10 AM EST.
Possible entry plan idea: The buy box is from $18.40 to $19.05
Possible stop plan idea: A weak candlestick signal or below T-Line
Updates:
Tina Logan webinar “East meets West” Tonight 8:00PM EDT. Registration required.
Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Yes we still have a few seat available for the Saturday RBB Appreciation clinic
Profit Scanner users-
Because of yesterday’s pin action, I’ll be watching a few bearish alert windows today for:
Short-Blue Ice Fail
Blue Ice Trap Fail
TFP MA Squeeze Down
TFP Break Below 50
The difference the right tool makes. 2-Week Free Trial Click Here
Good Morning,
SPY: Have you ever tried to open a locked door? Walked away to stop and say to yourself, “let me try it one more time” and it was still locked? That’s whatthe SPY must feel like. The Bulls tried to go through the locked door on March 18 and came back and tried it again yesterday. It is truly amazing how trend lines act as support and resistance. I find that all traders know about them but not all traders use them. Unless there’s a change in attitude and the buyers put together a bullish strategy, it looks like a possible test of the 50-simple moving average is on its way.
IWM: IWM printed a double top Shooting Star yesterday. The close today might be a very telling story as to whether yesterday’s candle will get a dark side follow-through or not.
This Week’s Economic Calendar—> Click Here
Members Trade Ideas – 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!
Symbols from TC2000
**Members 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.
Symbols formembers only | % | Date | Long/Short | Try our Membership, Check out the Trading Room |
4.13.15 | Long | Still in buy box | ||
4.10.15 | Long | Still in buy box | ||
4.6.15 | Long | Wait for buy signal | ||
4.3.15 | Long | Gave a gift yesterday | ||
4.1.15 | Long | BOPT T-Line Run protect | ||
3.30.15 | Long | BOPT | ||
3.26.15 | Short | Short on weakness | ||
3.25.15 | Long | BOPT | ||
3.24.15 | Long | BOPT | ||
3.19.15 | Long | BOPT/ Careful | ||
3.18.15 | Long | BOPT / Caution with this one | ||
3.13.15 | Long | BOPT | ||
3.6.15 | Long | BOPT | ||
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 protect profits | ||
12.22.14 | Long | Wait for buy signal | ||
7-8-14 | Long | AAPL is a bit lost, needs a direction |
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 above the T-Line ™ implies the bullish 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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