The SPY is still having a tough time navigating the rough seas around the $280.00 – $282.00 area. The reason may be the bears are trying to build a right shoulder to go along with the head and left shoulder (Weekly Chart). While the possible right should is in construction, we will see price action chop around, and this will test the best of traders. Having a handle on the trend and price action within the trend is a huge advantage for the active swing trader. Yesterday’s price action closed above the T-Line, and the T-Line is tracking above the 17ema and the 34ema, other than yesterday’s candle controlled by the sellers the current trend is still bullish. The price action and the health of the current trend will determine the outcome of the possible right shoulder. Tools of a good swing trader might include a strong understanding of chart patterns, trends and trend lines, support and resistance and the all-important price action.
Team News
✅ Member LTA Live Scanner Discount Code: Can be found on the member’s login page down toward the bottom. A 34% savings!
✅ Trade-Ideas for considerations: Long – RDFN, RIOT, COTY, FL, MRK. Short – UNP, IRBT, BBT. Past performance does not guarantee future results.
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it. Past performance does not guarantee future results. Terms of Service
Looking at yesterdays SPY chart, I have drawn a box around the POP Out of The Box Pattern, with a bullish pop and hold today we will have a confirmed POOTB pattern. The bulls might finally be on their way to challenge the September / October highs with the first challenge of $286.80ish. The SPY had a nice pullback 7/8 days ago and printed a bullish Morning Star candle pattern with bullish follow-through. Using the Red/Green Line crossover you can see a perfect Price Action Crossover on March 19. Today’s Trade-Ideas for consideration based on the RBB setup and Price Action crossover.
Cross Over Webinar Tonight 3/19/19
Join me at tonight’s member webinar 3/19/19 @ 8:00 pm Eastern; I will be teaching this strategy. Members FREE admission, Save on Monthly Membership with SAVE50 promo Code: only $110.00
✅ Trade-Ideas for considerations: CHK, ESV, RIG, ECA, CPRI, XOP, VLO, APA, ALGN, NVDA, NTAP. Past performance does not guarantee future results. (Transparency HRC is currently long XOP)
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it. Past performance does not guarantee future results. Terms of Service
$282.00 remains
the number for the bulls to beat. The slow grind and wall of worry are in full swing while traders look for a clue
for more bullishness or bearishness. The trend is still bullish with price above
the T-Line and the T-Line above our Red/Green Trendicator line. FOMC and China
this week are both market movers and could push the SPY one way or another. The
SPY closed Friday in Tier 1 and with price in the trending T-Bands we will stay
predominantly bullish with a finger on
the bearish button. Price closing below
the Red T-Band would suggest the March 8, low would likely tested.
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it. Past performance does not guarantee future results. Terms of Service
Based on the early morning futures today may be more of what we have seen the past two days, bulls trying to get through the SPY $280-$282 resistance line and the bears trying to knock us down, the 64K question is who will win? With Thursday’s close, the weekly chart is trying to print a Bullish Harami; today has yet to print. (Harami’s require confirmation). The overall outlook remains bullish based on a trend line from the January 3, low to the March 8, low. We have seen both long and short trades work this past week with base hits profits taken. The short term outlook remains choppy and boring at times, the perfect market for taking your money. Slow down, trade less; trading is a marathon, not a sprint race. We offer a great education in all three of our trading rooms, Swing trading, Swing trading options, and our day trading room. Affordable trials are available.
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it. Past performance does not guarantee future results. Terms of Service
Yesterday closed with a Bearish Shooting Star as price challenges the March 4th high. The past four days the SPY has posted four higher highs and four higher lows. The bears took action to defend their presence in the chart and forced the weak close creating a Bearish Shooting Star closing back below the Green T-Line Band, but still above the Red Band. The bands indicate the trend is still bullish and the price action is suggesting a rest, pull back may be in order. For bearish confirmation, the candlestick following the Shooting Star candlestick needs to be bearish or black. Price needs to be closing at lower levels below the shooting star candlestick to indicate selling activity. The VXXB chart closed with a Doji indication indecision, at least for the day. Today’s price action in the VIX- could be telling for the next few days in the overall market. Stay nimble, use stops and think about base hits.
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it. Past performance does not guarantee future results. Terms of Service
Back above the lower T-Line band on a Bullish Morning Star Signal. Follow-through is key to the success of a candlestick signal clue such as the Bullish Morning Star. I personally use the body high of the first candle in the signal and consider the SPY bullish over the blue line $276.85. A close back below the blue line would suggest the buyers are not ready and the sellers are fighting back. Bullishness is still needed over $281.90 before the buyers can challenge the 2018 highs. Both the Red/Green line and the Volatility stop turned green after being red and pushing price closer to resistance. Price action is king and follow-through is a must for the bullishness to continue. Tip – Follow-through does not have to happen the very next day. Cautious and nimble is a quality trait of a successful trader and as of late that quality has been tested daily.
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it. Past performance does not guarantee future results. Terms of Service
Crazy futures this morning, keep your wits about you. Friday the SPY gapped down and recovered a bit but not above its current downtrend line. In the recent 5 bars of trading, the SPY has posted four lower lows, and five lower highs, Both Thursday and Friday price closed below all our T-Line Bands. The 4-Hour chart (shown top left) shows the possible 4-Hour Blue Ice Failure. The late February and early March top printed bearish clues that produce follow-through, to turn price back bullish we need to see bullish clues and price showing strength above the red downtrend line and the 4-Hour 50-SMA. Tuesday night Webinar, March 12, 2019, @ 8:00 pm Eastern Trading Room #4 we will be talking more about the Blue Ice Failure. There is no question that there will be good bullish trades. We have to remember that probabilities matter and we want the best probabilities on our side. 80-85% of stocks follow the SP-500.
The Times IS Now
Hit and Run Candlesticks News
Trade-Ideas for the next week or so: AU, BB, PCG, PM, WDAY, BBY, LGIH. Some of these are long and some are short.
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it. Past performance does not guarantee future results. Terms of Service
Happy Friday traders, hope you have fun plans this weekend after your short and put profits the last few days! The SPY is now below all the T-Line Bands which is a major warning sign. The 34-EMA, Dotted Deuce Line and the 50-SMA are below price and may help to soften the pull back a bit. The Evening Star and the Bearish Engulf clues are seeing follow through and will stay that way until the Bull Rises. A couple of short term targets I see for the sellers are $270.35 and $267.25 with one or two minor relief rallies along the way. Note the Weekly chart on the SPY is printing an Evening Star clue that could lead to the 50% retracement of $262.75. The bottom line is that the sellers have taken a bit and will continue to bit until the bull has had enough; the chart will tell the story. Have a great weekend fiends
Took 20% on WIX puts! Thank you LTA- Live Trading Alerts
Jerry G.
Testimonial
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it. Past performance does not guarantee future results. Terms of Service
Although
price closed above our Lower T-Line Channel Band,
the price action is testing its ability
to hold onto a bullish rating. In the past eight days, the SPY has printed a few candles
that suggest the bulls need a restful pullback,
but the bears don’t seem to have enough growl to push them over. This type of price
action is hard on most trades because there is not a defined trend, (chop chop
chop). Our 4-hour chart shows that
price has crossed into bear territory and targets are in the $272.75 and
$268.10 areas. For the Bulls to get the game back, they need to capture the
$279.25 flag.
The Times IS Now
Hit and Run Candlesticks News
My #1 trading tool LTA-Live Trading Alert Scanner alerted us on (IWM) as it was just starting to breakdown below the T-Band channel, The IWM PUTS closed up yesterday 17.3 The February Road To Wealth Account statement has been posted to the website. Trade-Ideas for the next week or so: CSCO, BBY, WDAY, AXP, PM, ADP, CC, WYNN, ADSK, LGIH, XOM. Some of these are long and some are short.
I have hit for over $300 this morning using your LTA scanner, I think I have found my niche!
Coach B.
✅Save time reviewing hundreds of charts. ✅Find EXACTLY the right set up by being alerted for only those tickers that qualify. ✅Stop “Chasing trades” by being alerted of the move (not finding out later.) ✅Eliminate “trouble pulling the trigger” (be sure when a ticker is moving.) ✅Stop “leaving money on the table” (manage your exits with lower-time alerts.) ✅Stop “Predicting” by trading alerts that show the turn, not forecast it. ✅Stop ignoring the overall market (by watching alerts on DIA, SPY, IWM, QQQ.) ✅Gain massive efficiency over flipping through charts (hoping to find them at just the right time) or waiting on someone to feed you trade ideas.
DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it. Past performance does not guarantee future results. Terms of Service
This video is considerably different than most of the videos that focus on charts and price action. In this 76 minute video, Doug Campbell talks about the steps necessary to improve your win/loss ratio.
It’s not a sexy subject but one that is vitally important to your long term success as a trader. Simple things like reviewing past trades looking for repetitive mistakes, proper trade planning and believe it or not learning to take profits are key elements to improve your win/loss ratio.
The charts in this video are for educational purposes only. No communication from Hit and Run Candlestick Inc should be considered as financial or trading advice. Past performance does not guarantee future results.
DISCLAIMER: Investing/ Trading involves significant financial risk and is not suitable for everyone. No communication from us should be considered as financial or trading advice. All information provided by it and Run Candlesticks Inc, its affiliates or representatives is intended for educational purposes only. You are advised to test any new approach before implementing it. Past performance does not guarantee future results. Terms of Service
