One of Today’s Featured Trade Ideas
AAOI/Long (Technology) AAOI recently broke out from a rounded bottom flag pullback with a Doji gap and has pretty much consolidated the last three days.
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today. Learn More Click Here
Something to think about — A snippet taken from a soon-to-be-released
eBook prepared by Rick Saddler
What trade method and trade setups will you be trading? If you are trading price patterns, indicate what chart time frame and what patterns you will be trading.
AAOI Trading Plan (Entry, Stop, Target) Members Login
SPY: The dip buyers came in yesterday and popped the market up to start a relief rally. I say “relief rally” because from the May highs, the sellers have been in control, and as of the close yesterday, still in control of the overall trend. With any radical price movement, we need to see positive follow-through. The buyers need to close and hold over $210.00, in my humble opinion, before the party really gets started.
IWM: Although yesterday was a good bounce day, IWM still has a lot of bearish weight that needs to be shed.
SMH: Over $52.90 would give a clue that SMH has brought in serious buyers.
IYT: In my opinion, IYT is looking good and the chart pattern starting in early July is suggesting a trip to the 200-simple moving average.
This Week’s Economic Calendar—> Click Here
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!
To see all of today’s trade ideas Click Here
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.
| Members only | Date | Long/Short | Try our Membership, Check out the Trading Room | |
| 8.11.15 | Long | BOPT above T-line | ||
| 8.6.15 | Long | BOPT above T-line | ||
| 7.29.15 | Long | Set stops/protect profits | ||
| 7.26.15 | Long | Caution stops? | ||
| 7.21.15 | Long | Caution stops? | ||
| 7.20.15 | Long | Protect profits | ||
| 7.17.15 | Long | BOPT above T-line | ||
| 7.16.15 | Long | Caution stops? | ||
| 7.14.15 | Long | BOPT above T-line | ||
| 7.13.15 | Long | Caution stops? | ||
| 6.23.15 | Long | Caution stops? | ||
| 6.17.15 | Long | Caution stops? | ||
| 6.12.15 | Long | BOPT above T-line | ||
| 6.11/7.1 | Long | BOPT above T-line | ||
| 4.28.15 | Long | Close for now | ||
| 7.21.15 | Short | Short working | ||
| 7-8-14 | Long | Short working |
VXX S&P 500 VIX Short Term Futures: A close above the T-Line ™ implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.
Energy Sector: XLE, SX90, ERX, USO A close above the T-Line ™ implies the bullish short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.
SMH: A close above the T-Line ™ implies the above short-term swing traders are in control. A close below the T-Line ™ implies the bearish short-term swing traders are in control.
IYT: A close above the T-Line ™ implies the above short-term bullish swing traders are in control. A close below the T-Line ™ implies the bearish short-term 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. A close below the T-Line ™ implies the bearish short-term swing traders are in control. Learn more about the T-Line – Click Here
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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