Swing Trade Ideas February 17, 2015

Today's Swing Trade Ideas

EXXI/Long (Oil & Gas) EXXI is a Hit-And-Run Candlestick Rounded Bottom breakout with a PBO signal last Wednesday.  Coming off of a double bottom, EXXI appears to be headed to the $6.25 area over the next several days,  approximately a 55% move if traded correctly.

Entry, Stop & Profits, Candlesticks signals and patterns:  How to trade EXXI in the Live Morning comments 9:10 AM Eastern in the Trading Room.

Those that traded ADHD with us in the trading room and held to your plan were rewarded Friday with a beautiful chart set-up with a bullish double bottom and a great close on Friday and a four-week flag development.  FYI, check out the weekly chart.

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Good Morning, 

SPY:  Bullish T-Line run for the past nine trading days.  The T-Line now leads above the 20-day simple moving average and the 50-day simple movingaverage.  Positive trading above the T-Line for about the next two days should allow the 20- simple moving average to close over the 50-simple moving average.  Price has now closed over the December double top high and out of its current trading range.  Buyers are clearly in charge searching for $211.80 and the $215.00 area.  Keep in mind that minor pullbacks are good for the market and help reach higher levels. Keep your eyes on the candlesticks and candlestick patterns for clues of the pullbacks or rallies into the targets.

IWM:  With a successful close over $121.53, IWM will be on its way to about $126.50.  As always, keep your eyes on the charts and the candlestick signals and patterns for clues of overall market direction, strength or weaknesses.

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Members Trade Ideas -  Members Only

In the members area you will find 10-15 trade ideas every day

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.

Symbols from TC2000

 

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.

Symbols formembers only % Date  Long/Short Try our Membership, Check out the Trading Room
2.13.15 Long Tradable trend
2.10.15 Long Tradable trend wait for buy signal
2.9.15 Long Tradable trend
2.4.15 Long Buy of positive trading above the 50sma
2.3.15 Long Tradable trend
1.30.15 long Protect profits
1.22.15 Long Buy on positive trading above 50sma
1.20.15 1.28 Long Buy on positive trading above T-Line
1.16.15 Long Keep on watch list
1.14.15 Long Keep on watch list
1.12.15 Long Close for now- wait for PBO
1.7.15 Long Wait for PBO
2.3.15 Long Buy on positive trading
12.22.14 Long Buy on positive trading
10-30-14 Long Buy on positive trading above T-Line
7-8-14 Long Raise stop to protect

VXX S&P 500 VIX Short Term Futures:  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.

TBT: A close above the  T-Line ™ implies the bullish short-term swing traders are in control. This should change today, watch for a close over the T-Line.

US Dollar Index: UUP, DXYO A close below the  T-Line ™  implies the bearish short-term swing traders are in control.

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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