Rick’s Featured Trade Ideas
TDW/Long (Broadcasting) In the TDW chart, A bullish cradle pattern created a 3 bar rally. The last 2 days are building a flag with yesterday printing a Hammer with heathly low. A RBB as a bonus.
Education builds confidence for success!
I will be covering more on the Featured Trade Idea (entry, stop, targets) in the trading room at 9:10 AM EDT today.
TDW/ Profits through education Oct. 9
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Stop below $
Risk Reward 5:1 depending on entry/exit/Stop
This is the place you ought to be!
TROX/ members trade idea Oct 6, up 42%
SN/ members trade idea 3 days, up 21%
WG/ members trade idea 3 days, up 42%
DANG/ members trade idea 4 days, up 42%
Hit & Run Membership / Right Way Options
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SPY: Obviously the market liked the Fed Min yesterday, It looks like the next higher targets are 202.89 and then 204.90. As of yesterdays close the bulls are clearly in charge. Over 202.89 we would have completed a higher high / higher low formation, much needed to take on the 204.90 area. I still thing we should be careful and really question every move the market makes.
IWM: Found the 50 sma (bullish for now)
SMH: Headed to the 200sma (bullish)
IYT: Look who opened the garage door, on week volume. (Bullish but careful)
Ipath S&P VIX Short-Term Futures
VXX: A little support at 20.00 but the candles suggest a lower low.
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!
Members Trade Ideas below
Symbols from TC2000
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.
Members only | Date | Long/Short | Try our Membership, Check out the Trading Room | |
10.5.15 | Bullish | Above 7.55 | ||
10.7.15 | Bullish | T-Line run working | ||
10.5.15 | Bullish | Flagging | ||
10.6.15 | Bullish | Flagging | ||
10.3.15 | Bullish | 9% profits tak’em | ||
9.30.15 | Bullish | close | ||
9.16.15 | Bullish | Above 6.85ish | ||
8.28.15 | Bullish | Above 2.72ish | ||
7.21.15 | Bullish | Lets dump this dog | ||
No Trade | ||||
No Trade | ||||
Bullish | Bullish above 168.25 | |||
Bearish trend |
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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