Bearish Drag First Trading Day

Welcome to 2019! So we wake up to a nice Bearish drag the first trading day of the year. In my last blog post, I wrote: “The SPY is set up for more consolidation with pending political news.” And this is exactly what is happening, after the bullish price action on the 26th and 27th we see consolidation, construction consolidation as long as the bulls can defend $242.65.

The fear in the VXX chart is working on a Bearish Shooting Star, BUT if the sellers can not close below $45.55 soon, the Bearish Shooting Star will be the candle that produced a small amount of profit taking. The VXX chart has been in a bullish trend ever since the October low; the T-Line has remained above the 34-EMA as the 34-EMA has been rising. The current daily price action is still above the T-Line, a bullish indicator.

Right Way Options Trading Room

Right Way Options Room Update – The RWO trading room is nowopen all day to share ideas and watchlist suggestions. Watch Doug as he prepares and explains his trades. Learn More about Right Way Options – Click Here

Top Gun Day Trading Room

Top Gun Day Trading – The Top Gun Day Trading room is up over $3,000 in December while risking only $100 to $200 per trade. Our latest trades include: 400 shares of SPXS for +$163.00

  • 400 shares of UPRO for +$130.00
  • 2 SPY Puts for $103.00 in less than 15 min
  • Member Doug K. made $250.00 on SPX Puts Friday
  • Learn More about Top Gun Day Trading – Click Here

Hit and Run Candlesticks Trading Room

Hit and Run Candlesticks • The Road to Wealth – For 2019 Rick plans on taking the now $23,567.00 account to $50,000.00 before December 31, 2019. Remember he already has increased the account from $5,000.00 to $23,567.00 or 362% in 2018. If you would like to learn from someone that truly makes money not just one hit wonders and backs it up with his account statement. – Learn More Here

Sorry no trades ideas posted on the blog, we will be posting and talking about trades in the trading room.

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement!

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 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

SPY Set for Consoladation

The SPY is set up for bullish consolidation with pending political news and tomorrow being a holiday. Friday was the first day in about 17 days that price has helped its nose above the T-Line for any length of time before closing back below the T-Line. Friday was also another higher low and high, haven’t seen one of those in a couple of weeks. On the daily chart, Friday did close below the T-Line but with a resting Doji while the weekly chart closed up the week with a Bullish Harami. Let’s not get too excited the sellers still have the upper hand while the T-Line is below the 34-EMA. It does look like the futures are on the buyer’s side this morning, but the close is what matters now.A

Right Way Options

Right Way Options Room Update – The RWO trading room is nowopen all day to share ideas and watchlist suggestions. Watch Doug as he prepares and explains his trades. Learn More about Right Way Options – Click Here

Top Gun Day Trading

Top Gun Day Trading – The Top Gun Day Trading room is up over $3,000 in December while risking only $100 to $200 per trade. Our latest trades include: 400 shares of SPXS for +$163.00

  • 400 shares of UPRO for +$130.00
  • 2 SPY Puts for $103.00 in less than 15 min
  • Member Doug K. made $250.00 on SPX Puts Friday
  • Learn More about Top Gun Day Trading – Click Here

Hit and Run Candlesticks

Hit and Run Candlesticks • The Road to Wealth – For 2019 Rick plans on taking the now $23,567.00 account to $50,000.00 before December 31, 2019. Remember he already has increased the account from $5,000.00 to $23,567.00 or 362% in 2018. If you would like to learn from someone that truly makes money not just one hit wonders and backs it up with his account statement. – Learn More Here

HRC Trade Ideas

TNDM, CZZ, CIEN, GLUU, AVGO, WDAY, FNSR, ARRS, GNW are on our watchlist for a possible trade today or within the next few days. TNDM is our featured long trade-idea today with a Bullish Doji Continuation Pattern that broke out over the downtrend line Friday. The weekly chart is also showing a Bullish Engulf Candle and price action support on the 34-EMA.  A price challenge of the September high would be about a 30% stock trade and over a 90% option trade. Members log in for more details. Past performance does not guarantee future results. Learn how to trade before you trade.

TNDM- Buy box between $39.25 and $36.45 • Target $52.00 with a few profits taking targets in-between • Stop below $35.30 • Past performance does not guarantee future results. Learn how to trade before you trade.

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement!

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 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

VXX Puts Another Base Hit

Yesterdays Bearish Shooting Star in the VXX is suggesting we’re going to celebrate the New Year in style with another good base hit. Congratulations to the members in the VXX Put!

A Day Traders Market

The Top Gun Trading room is up just under $2,800 in December while risking only $100 to $200 per trade. Our latest trades can be seen below, The Top Gun Day Trading Room operated by Steve Risner and Steve and many in the room have paid for there membership in one single day of trading. Top Gun Day Trading is a Division of Hit and Run Candlesticks Inc. So let’s take a look at what’s going on in the day trading room.
Top Gun Day Trading – Despite the weakest market in over a decade, the room is up over $2,800 in December while risking only $100 to $200 per trade. Our latest trades include:

  • 400 shares of SPXS for +$163.00
  • 2 AAPL Puts for +$185 in less than 10-min
  • Day Trading Room Open House: Today and Tomorrow • Password B-52 • Login Here
  • Get started for the new year Click Here please ask us if there are any 25% discount coupons left.

SPY ETF – After the sellers had their way with the SPY, the buyers came in and pulled the candle out of the mud and closed us above the Bullish Morning Star. That’s what you call follow-through. On the SPY weekly chart price action is getting close to drawing a Bullish Piercing Candle, a good close today could do it. For the (RBB) Rounded Bottom Breakout traders the SPY is set up on the 60-Min chart.

The SPY is starting to run into a little resistance, so let’s be a little careful. We should see a pullback soon to test the rally we have had. Another thing I want to mention is this market is still under a ton of pressure, and the Bears still control the trend. We could easily see price action walk to trend at this point.

Good trading and Happy New Year

TC2000 T2122 Chart – The four weeks New High/Low Ratio is still in the oversold area and Stochastics is deep within the oversold area as well. FYI: A chart oversold is only a condition, not a reason to buy. Oversold can last a long time while you keep trying to pick a bottom and losing money. TC20000 is my favorite charting package of all time.

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 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

A Day Traders Market

Over the past several weeks this sure has been a day traders market, The Top Gun Day Trading Room operated by Steve Risner has been killing it. Top Gun Day Trading is a Division of Hit and Run Candlesticks Inc. So let’s take a look at what’s going on in the day trading room.
Day Trading Room – Despite the weakest market in over a decade, the Top Gun Day Trading room is up over $2,500 in December while risking only $100 to $200 per trade. Our latest trades include:

  • 400 shares of UVXY for +$292 while risking $120
  • 400 shares of UPRO for +$340 while risking just $60 – over 5.5 times the amount at risk.
  • Day Trading Room Open House: Today and Tomorrow • Password B-52 • Login Here

SPY ETF – Yesterday was a nice bullish day in a down trending market. On the weekly chart, we bounced off our 200-SMA right into our Dotted Deuce moving average. This morning the futures are digesting the monster move made yesterday. Our Key low the bulls need to protect is now $233.76. With follow-through over yesterdays candle and the downtrend line, I would expect $251.80.

Good trading and Happy New Year

TC2000 T2122 Chart – The four weeks New High/Low Ratio closed yesterday at 14.29 up from 1.35. 1429 is still in the oversold area and as you know there is no guarantee that oversold means the bulls are in charge. TC20000 is my favorite charting package of all time.

Long and Short Trade-Ideas

GRPN, OSTK, AAPL, AVGO, DLTR, XRAY are now on our watchlist for a possible trade within the next few days. AAPL is our featured long trade-idea today with a Bullish Morning Star Candle pattern on the daily and a Bullish Piercing1 Candle pattern on the weekly chart. We are bullish above $157.25. Past performance does not guarantee future results. Learn how to trade before you trade.

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 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

The Definition of Hostage

Hostage – A person (goverment) seized or held as security for the fulfillment of a condition. Any more said and I would defiantly offend someone.

Last week we talked about how the weekly Dotted Deuce and the weekly 200-SMA were likely two target areas for price on the SPY. The Dotted Deuce came and gone while the 200-SMA tested Monday. There is simply not much to say; the market is currently trending down with no reversal pattern. Yes, we are oversold, but price has not caught on to that just yet. Maintain caution, protect your money, better days are ahead.

TC2000 T2122 Chart – The four weeks New High/Low Ratio has dropped lower into the oversold area and Stochastics is deep within the oversold area of the chart. On the weekly chart, the SPY has found the Dotted Duece, and the 200-SMA weekly is not to far below. Price and the T-Line are still leading the run down in both the daily and weekly charts. We have now pulled back to the 61.8 fibs measured from early 2017 to the 2018 highs. FYI I am just pointing out a few points I see on the charts, the questions we talk about in the trading room is what do we do with that information.

Long and Short Trade-Ideas

OSTK, TAHO, ABX, NEM, PVG, KDP, LLY, SCG are on our watchlist for a possible trade today or within the next few days. LLY is our featured short trade-idea today with a Bearish “h” pattern set up failing the 50-SMA. With a Stock Swing Trade of about 10% or more and an Options Trade of 30% or more. Members log in for more details. Past performance does not guarantee future results. Learn how to trade before you trade.

Trading Room Open House

Hit and RunCandlesticks and Right Way Options have opened our doors forthe holidays; this would be a great time to get to know us, ask a question aboutour service and put a few $$$ in your pocket. Trading Rooms #1 and #2 no password required –  https://hitandruncandlesticks.com/trading-rooms/

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 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

Merry Christmas

Merry Christmas from our family to your family

200-SMA – The market will only be open half a day today, and there is a good chance price finds a way to the weekly 200-SMA near the $234.40 area. With Friday’s close below the Dotted Deuce, we would expect the next lower target would be the 200-SMA.

Trading Room Open House

Hit and RunCandlesticks and Right Way Options have opened our doors for the holidays; this would be a great time to get to know us, ask a question about our service and put a few $$$ in your pocket. Trading Rooms #1, #2 no password required- The password for Room #3 is B-53 • https://hitandruncandlesticks.com/trading-rooms/

Yes, The Little Account Can!

For 2019 Rick plans on taking the now $23,567.00account to $50,000.00 before December 31, 2019. Remember he already has increased the account $5,000.00 to $23,567.00 or 362% in 2018. Would you like to learn from someone that truly makes money, not just one hit wonders and backs it up with his account statement.

Trading Services We Offer

  1. Hit and RunCandlesticks 
  2. Right Way Options
  3. Top Gun Day Trading
  4. 30-Day Trial

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

 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