Today’s Swing Trade Ideas
MEIP/Long (Healthcare sector) MEIP formed one of our favorite chart patterns yesterday, the Pinball Setup.   Coming off the bottom, MEIP has formed a lower high and a higher low with yesterday’s candle.  To learn how we plan to trade MEIP, join us in the trading room today.  Because of the profit scanner, I was able to buy a little yesterday.

More on how to trade MEIP in the trading room today at 9:10 am EDT
Possible entry plan idea:  The buy box is from $2.03 to $2.18
Possible stop plan idea:  A close below the T-Line

Did you get your 19% on DGLY yesterday?  What could 19% have done to your trading?   H&R Candlesticks, The H&R Trading Room, The Profit Scanner for the master trader.  You decide.

Meetups
Corpus Christi, TX, Saturday May 9, 2015
Please contact Rick for details
Ph: 417-848-3519
e-mail Rick@RickSaddler.com

Vancouver BC, July 18, 2015

Profit Scanner Users & Trial Users
Advance Scanner Set-up
Monday, May 4,  Meetup at 11:00 AM EDT
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Password: coach
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Good Morning, 

SPY:  The buyers gapped up in the morning and then allowed the sellers to bring price to the lower end of the gap.  Closing still above the big three and the T-Line, this suggests that the buyers are still in control.  A trader has to wonder with yesterday’s upper shadow and so close to resistance, is this a clue?

IWM:  Trying to recover from IWM’s big hit last week is not going to be easy.  You can see yesterday that the sellers allowed the buyers to crawl the wall, but then by the end of the day, the wall was too steep and the buyers slid back down.

This Week’s Economic Calendar—> Click Here

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. Remember to check for earnings!

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.

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 above the T-Line ™  implies the bullish short-term swing traders are in control.

TBT: A close above the  T-Line ™ implies the above short-term bullish swing traders are in control. At some point TBT in a bullish stance will put pressure on the bullish market.

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.