One of Today’s Featured Trade Ideas
DGLY/Long (Technology sector) DGLY has printed a bullish morning star signal that closed over the T-Line yesterday closing into the August 10 hammer handle. Use the pinball strategy rules.
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
DGLY Trading Plan (Entry, Stop, Target)
Possible entry plan idea: See members area
Possible stop plan idea:
Possible targets:
Why should I be a member of Hit & Run Candlesticks?
OSK was yesterday’s featured trade idea
OSK = 1 trade pays for 1 year
SPY: Let’s talk a little bit about the morning futures. This morning, just like yesterday, the morning futures look like the Bulls are going to get their game on. And as you can see, the Bulls had a very short-lived day yesterday as the bears came in and opened up a can of “you-know-what” on them. Today I see the morning futures are up suggesting that the Bulls will try to connect multiple dots. The reality is, the morning futures have little to do with the outcome of the day. Most traders that read this morning note are swing traders; a swing trader needs to look at the overall pattern of the last few days to a month or more. So be careful not to let the morning futures push your emotional buttons.
So when you see the morning futures are up or down, and you put them in perspective of what the market has been doing overall, you will see that it’s nothing more than knee-jerk emotions, so be careful not to let that emotion get the best of you.
IWM: October 15, 2014 low is in jeopardy of being tested.
SMH: SMH may be headed to the weekly 200-period moving average to look for stabilization.
IYT: IYT’s current low is only a half-percent away from the weekly 200- period 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!
Keep your eye on the inverse ETF’s They trade well!
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 | |
| 8.25.15 | ||||
| 7.28.15 | Long | Buy above 20sma | ||
| 7.21.15 | Long | BOPT above T-line | ||
| 7.20.15 | Long | BOPT above T-line | ||
| 4.28.15 | Long | Big profits! | ||
| 7.21.15 | Short | Big Profits! | ||
| 7-8-14 | Short | Big Profits! |
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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