Swing Trade Ideas April 17, 2015

Today's Swing Trade Ideas

LOCO/Long (Restaurants)  LOCO is another chart that has been a members’ featured trade idea and on the members’ list.  LOCO is another rounded bottom breakout that has proven itself like so many other rounded bottom breakouts.  The past eight or nine candles, LOCO has formed a PBO J-Hook formation while still in the rounded bottom breakout strategy.

More on how to trade LOCO in the trading room today at 9:10 AM EST
Possible entry plan idea:  The buy box is from $26.58 to $28.44
Possible stop plan idea:  A close below $26.58 or the T-Line

Updates:
Friday "Open Mic"  April 17, 2015 Current Speakers:
Petra
Jim C.
Ed C.

Appreciation Clinic for Rounded Bottom Breakout Book holders April 18,
Registration closes Friday, April 17, 12:00 PM EDT Saturday RBB Appreciation clinic

Profit Scanner Users & Trial Users
Monday, April 20, 2015 Meet-up at 11:00 AM EDT
Access Information:
Room URL: http://hitandruncandlesticks.omnovia.com/room2
Password: coach
The difference the right tool makes - 2-Week Free Trial Click Here

Good Morning, 

SPY:  In yesterday's market note, I wrote that the SPY appears to be feeling a little pressure from the sellers, and it kind of looks like that pot starting to boil and somebody isgoing to get burned.  It will be very interesting to see who owns the 50-simple moving average.  Watch the inverse ETF's today, and we may be putting on a few shorts.

IWM:  Based on the morning futures, it would appear that IWM will have to work hard today to hang on to the bullish side of the T-Line and the 20-simple moving average.  Remember that in any market you can find bearish trades.  Take your time to look for what fits your comfort zone.

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
4.15.15 Long BOPT/Manage trade bullish
4.14.15 Long BOPT/Manage trade bullish
4.13.15 Long BOPT/Manage trade bullish
4.10.15 Long BOPT/Manage trade bullish
4.6.15 Long BOPT/Manage trade bullish
4.1.15 Long BOPT/Manage trade bullish
3.30.15 Long Caution
3.26.15 Short Short on weakness
3.25.15 Long Manage trade bullish. Bingo!
3.24.15 Long BOPT/Manage trade bullish
3.19.15 Long BOPT/Manage trade bullish
3.18.15 Long Caution
3.13.15 Long BOPT/Manage trade bullish
3.6.15 Long BOPT/Manage trade bullish
3.2.15 Long BOPT/Manage trade bullish
2.25.15 Long BOPT/Manage trade bullish
2.24.25 Long BOPT/Manage trade bullish
2.23.15 Long BOPT/Manage trade bullish
2.17.15 Long BOPT/Manage trade bullish
2.13.15 Long BOPT protect profits. Bingo!
2.12.15 Long BOPT/Manage trade bullish
2.3.15 Long BOPT/Manage trade bullish
1.22.15 Long BOPT/Manage trade bullish
1.7.15 Long BOPT/Manage trade bullish
12.22.14 Long BOPT/Manage trade bullish
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 below the  T-Line ™ implies the above short-term bearish 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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