One of Today’s Featured Trade Ideas
MIFI/Long (Communication Services) MIF I is a Hit-And-Run Candlesticks Rounded Bottom Breakout play. Doji Bullish Engulf on August 7 followed by minor consolidation with another Bullish Engulf creating a higher low that pushed price up into the 50 SMA.
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) Members Only
Possible entry plan idea:
Possible stop plan idea: Stop below
Possible targets: $, About a Risk Reward
Why should I be in the H&R Trading Room?
ACI member’s trade idea on August 28, up 99.61 %
UVXY member’s trade idea on August 19, up 111.39%
For only $21.22 a week. Learn and Earn at the same time!
Learn & Earn starts today – Click Here
SPY: I’m starting to see quite a few chart setups that are now ready for us to start taking a look at and trading. The SPY closed well yesterday, but, unfortunately, one of my big rules with the market is how price is trading with the T-Line, and while price continues to close below the T-Line, that is a suggestion that the bears are still in control. It does look as if price is trying to attack our $198.10 to $198.30 resistance area, and a close in that area would put us over the T-Line.
The T-Line is a registered Trade Mark of Rick Saddler/Hit & Run Candlesticks/Trading for Profit.
IWM: Without a reversal candlestick pattern and below the T-Line on the daily chart suggests that the sellers are still in control. A bullish push over $112.70 today could get us to $211.65.
SMH: SMH has a candle pattern that has enough juice to push us in the high $49 area.
IYT: The next goal for the Transports is to reach $144.30.
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!
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 | |
| 8-26-15 | Long | BOPT above T-line 9.80 | ||
| 8.25.15 | Long | BOPT above T-line 45.40 | ||
| 7.28.15 | Long | Buy above 20sma 10.15 | ||
| 7.21.15 | Long | BOPT above T-line 3.70 | ||
| 7.20.15 | Long | BOPT above T-line 120.30 | ||
| 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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