Rick’s Featured Trade Ideas

Today’s featured trade idea and my personal trade plan
CHK | PBO Flag |Breakout |  Piercing candle

Good Morning, Profit Traders,

The T-Line™ is a powerful timing indicator
For nine days now, the SPY (market) has been In a consolidations box just waiting to break one way or the other.  The $64,000 question is what direction is it going to break?  Maybe the SPY (market) is waiting on FOMC meeting results.  If so, we should know something today.  Maybe the SPY (market) is waiting for earning reports before making a directional move.

Over the years I have learned to not fight the trend and price action despite what other indicators may be suggesting. As of the close yesterday, the trend remains bullish.
All the best to your trading success!
Rick | Hit and Run Candlestick Team
Trading knowledge ignites successful stock trading.

SPY:  T-Line™ & Daily chart | T-Line holding price
IWM:  T-Line™ & Daily chart | Bullish
SMH:  T-Line™  & Daily chart | Bullish
IYT:  T-Line™ & Daily chart | T-Line holding price
DIA:  T-Line™ & Daily chart | Concerned
VT: T-Line™ & Daily chart | T-Line holding price
USO:  T-Line™ & Daily chart |  seller control
UUP:  T-Line™ & Daily chart | Trending
VIX: T-Line™ & Daily chart | Signs of buyers
TNX-x: T-Line™ & Daily chart | Seller control
Here is what one of our members had to say yesterday:  “Rick, just wanted to say thanks.  This month I have had 3 wins and 3 losses, but the losses were very small and only 1/4 of the wins.  First profits in months.  I listen and note what you say and trade the plan.  Yes, still making some mistakes, but really learning!”
-Mary V.

Each day a trade idea list is posted in the members area that I believe are poised to move 10-20% (or more) within the next few days.  Please follow your trading rules for entry stops and profits. Remember to check for earnings!

Members Only
Keep your eye on the inverse ETF’s They trade well!

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.

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.