One of Today’s Featured Trade Ideas
No trade ideas on this Monday. Due to the big drop in the futures this morning it is my opinion that the sidelines are the safest place right now.
Doug Campbell with Right Way Options a division of Hit-And-Run Candlesticks has posted a video to the public. Please take a few minutes and watch this video.
Must see video – Click Here
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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: The SPY is in a free fall now headed to the 190 area, Stay with the short trades and the inverse ETF’s we have had on the watch list recently. It is Possible that this is some sort of capitulation move and we could be headed for a bounce. We will be keeping our eye out for such a bounce, but until we see it happening we will wait patiently.
I am confident that when the panic drop finishes and the market settles down we will have an opportunity that we’ve not seen in several years.
Doug Campbell with Right Way Options a division of Hit-And-Run Candlesticks has posted a video to the public. Please take a few minutes and watch this video.
Must see video – Click Here
IWM: Thursday or Friday of last week we draw line at 112.35 it looks as if will be opening up around that area, by no means is this a suggestion of support.
SMH: SMH may be headed to the $44 – $43 area
IYT: As possible support, will see if that’s true when it gets there.
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!
No trade ideas on this Monday, manage your account. There is Plenty of time to trade, chasing never made anyone money.
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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