Rick’s Featured Trade Ideas

FLDM/Long (Healthcare)  FLDM, a double bottom with three Doji’s, a bullish gap closing over the big three and the 50-day simple moving average makes FLDM a Rounded Bottom Breakout.

Education builds confidence for success!
We go over all Trade Ideas (entry, stop, targets) in the trading room starting at 9:10 AM EDT today.

#1FLDM/ Profits through education  Nov 2
Possible entry plan idea:   Buy box $Members Only
Possible stop plan idea:   Stop below $
Risk Reward 9:1 depending on entry/exit/stop

#2FLDM/ Profits through education  Nov 2
Possible entry plan idea:   Buy box $Members Only
Possible stop plan idea:   Stop below $
Risk Reward 20:1 depending on entry/exit/stop

Hit& Run Candlesticks teaches you success
Member’s trade idea October 30,  (ARII) currently up 14%
Member’s trade idea October 20, (ANGI) currently up 24%
Member’s trade idea October 5, (SINA) currently up 11%

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SPY: Friday makes 21 days that price has closed above the T-Line — very impressive by the Bulls, I might add.  For about the past week, price has also consolidated around the 200-day simple moving average, and Friday closed with a bearish evening star which suggests we might see a little pullback.  Judging by my four-hour and daily charts, the numbers seem to be $205.45 to $204.55.

IWM:  IWM continues to struggle with the $117.50 area.
SMH:  The bearish evening star from last week has successfully pushed price below the T-Line causing a minor pullback but still continuing to consolidate around the 200-day simple moving average.
IYT:  The transports have just been spinning their wheels for the last couple of weeks.
S&P VIX Short-Term Futures VXX:  Last week I posted that VXX was trying to build a bottom but still closing below the T-Line.  The VXX continues to show a battle between the Bulls and the bears with a tightening of the range.

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.

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.