Trade Ideas March 10, 2015

Today’s Swing Trade Ideas

No featured trade idea today

Possible entry plan idea:
Possible stop plan idea:

More on how to trade the members ideas in the Live Trading Room  9:10 AM Eastern Trading Room.

Good Morning, 

SPY:  Yesterday in the trading room, I brought everyone’s attention to a simple T-Line chart and how price continues to printlower highs and lower lows while pulling the T-Line down through a bearish channel on the daily chart.  On the two hour chart, you can clearly see a bearish head and shoulders that is forming a bearish “h” pattern right now.  The $206.10 area or the 50-day simple moving average is the likely target for price to find some sort of relief.  For a bullish reversal to happen down at this level, we need to see a bullish confirmation pattern.  Anything less is likely to be a short-lived relief rally or a dead cat bounce.

IWM:  Although a bullish harami (inside day) was printed on the daily chart yesterday, it is merely part of a continuation pattern that is currently headed in a downward direction.  $119.20 or the 50-day simple moving average could act as support.  Remember that support is only as good as price will allow.

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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
Members 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.

Symbols formembers only % Date  Long/Short Try our Membership, Check out the Trading Room
3.9.15 Long BOPT above T-line
3.6.15 Long Watch for PBO signal
3.2.15 Long Wait for PBO signal, headed to the 50
2.25.15 Long Wait for buy signal
2.24.25 Long Wait for buy signal
2.23.15 Long BOPT/ protect profits
2.23.15 Long Wait for buy signal
2.19.15 Long Can be bought
2.17.15 Long Wait for buy signal
2.13.15 Long Wait for buy signal
2.12.15 Long Wait for buy signal
2.9.15 Long Close
2.4.15 Long BOPT over 20sma
2.3.15 Long BOPT
1.22.15 Long Wait for buy signal
1.7.15 Long BOPT over 20sma
2.3.15 Long Close
12.22.14 Long Wait for PBO
7-8-14 Long Short on weakness

VXX S&P 500 VIX Short Term Futures:  A close above the T-Line ™ implies the bullish short-term swing traders are in control.

Energy Sector: XLE, SX90, ERX, USO  A below below the  T-Line ™  implies the bearish 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 above the  T-Line ™  implies the bullish 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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