One of Today’s Featured Trade Ideas
TSLA /Short (Auto manufacturer) TSLA snuck up underneath the 50-simple moving average and is now showing signs of a blue ice failure that could push TSLA back toward the 200-day simple moving average. To learn more about one of our favorite trade setups (blue ice failure), please join us in the trading room.
I will be covering more on the trade plan (entry, stop, targets) in the trading room at 9:10 AM EDT today. Click here to learn more
TSLA Trading Plan (Entry, Stop, Target)
Members Only
Why The Hit & Run Candlesticks Trading Room?
On Tuesday, August 18, MEIP was pointed out as one of our members’ trade ideas. So far, it’s been a great trade for those of us that took it.
Membership
SPY: The SPY is in serious danger of breaching the 200-simple moving average and the possibility of finding the 199-200 area. Please remember as a stock trader you have the ability to put your positions in cash and take a day or two off. The reality is, many times that choice has proved to be a money maker rather than a money loser. Know when to pick your battles, have patience and choose wisely. Choose wisely could also mean whether or not it’s wise to trade today or even tomorrow. I don’t feel that my job is to push trades out or to be overly bearish or overly bullish; I don’t feel that my job is to hype every day so that you feel like you have to trade.
IWM: If IWM can hang on to the 95 area, it will likely look for about $93.50.
SMH: The sellers continue to outweigh the buyers.
IYT: The Transports are desperately trying to hang on to what it’s painted since the July lows. The Transports have pulled buyers to create a bullish scenario. The last thing it needs right now is a mother bear and a few cubs.
USO: Continues to drown underwater carrying a sack of bricks. When the time comes, there is no doubt oil will be a bullish moneymaker. We will be watching closely and letting you know.
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!
Keep your eye on the inverse ETF’s They trade well!
Symbols from TC2000
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 | |
| 8-18-15 | BOPT above T-line | |||
| 8-17-15 | Close wait for buy sig | |||
| 8-14-15 | Long | BOPT above T-line | ||
| 8.13.15 | Long | T-Line stop | ||
| 8.11.15 | Long | BOPT above T-line | ||
| 8.6.15 | Long | BOPT above T-line | ||
| 7.29.15 | Long | Buy on T-Lin Run | ||
| 7.28.15 | Long | Buy above 20sma | ||
| 7.26.15 | Long | BOPT above T-line | ||
| 7.21.15 | Long | BOPT above T-line | ||
| 7.20.15 | Long | Protect profits | ||
| 7.17.15 | Long | Wait for buy signal | ||
| 7.16.15 | Long | Caution stops? | ||
| 7.14.15 | Long | Buy on T-Lin Run | ||
| 6.17.15 | Long | BOPT above T-line | ||
| 6.12.15 | Long | BOPT above T-line | ||
| 6.11/7.1 | Long | BOPT above T-line | ||
| 4.28.15 | Long | Setting up | ||
| 7.21.15 | Short | Short working | ||
| 7-8-14 | Short | 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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