One of Today’s Featured Trade Ideas
No trade idea today. It’s Friday in a market that is no doubt stressing more people out than not. Manage what you have and consider taking profits.
AAPL short Our AAPL short is working out beautifully, still headed for our targeted area.
Why The Hit & Run Candlesticks Trading Room?
TSLA short was the members’ featured trade idea. One trade paid for a year’s membership.
MEIP was a hot topic in the trading room this past Wednesday, rallied up for 13% possible profit.
Membership
Right Way Options Members
Congrats to RWO members that stuck with trades on XLV, XRT and FXI. All three should be 100% winners by the close on Friday. Well done.
Learn More – Click Here
SPY: Yesterday I wrote that the SPY is in serious danger of reaching the 200-simple moving average and the possibility of finding the $199 – $200 area.
We kid around in the trading room about picking bottoms, but seriously, there is a very high percentage of traders that try to pick bottoms, fail, and end up blowing their accounts up. Be patient and wait for the right signals.
Did you know that there is a difference between “the bottom” and a “tradable bottom”? If you’d like to know what that difference is, join me in the trading room.
IWM: Headed to $114.50 area or even $112.00 area unless the bulls fight back. Relief rallies do not count as a fight back.
SMH: SMH may be headed to the $44 – $43 area
IYT: I was talking very positively about the Transports, and, unfortunately, they slipped back into a flat-tire area, and now they’re skidding around headed for the ditch.
USO: No bullish turnaround sign 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!
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 | Close on weakness | |||
| 8-17-15 | Close wait for buy sig | |||
| 8-14-15 | Long | BOPT above T-line | ||
| 8.13.15 | Long | Close on weakness | ||
| 8.11.15 | Long | Close on weakness | ||
| 8.6.15 | Long | Close on weakness | ||
| 7.29.15 | Long | Close for profits | ||
| 7.28.15 | Long | Close on weakness | ||
| 7.26.15 | Long | Close on weakness | ||
| 7.21.15 | Long | BOPT above T-line | ||
| 7.20.15 | Long | Close for profits | ||
| 7.17.15 | Long | Close on weakness | ||
| 7.16.15 | Long | Close on weakness | ||
| 7.14.15 | Long | Close on weakness | ||
| 6.17.15 | Long | close | ||
| 6.12.15 | Long | close | ||
| 6.11/7.1 | Long | close | ||
| 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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