Trade Ideas October 8, 2014


Today’s Swing Trade Ideas

SIMO/Long (Technology Sector Semiconductors) SIMO gapped over the big three yesterday from a doji continuation pattern, also known as a doji sandwich.  I am looking for about 12% on SIMO.

My entry plan idea:   Buy at the open to negotiate a better price

My stop plan idea:  A close below 26.82

Good Morning,

SPY:  Who has the ball?  Well, the bears do. There are two great patterns to look for when trading short:  blue ice failure and the dreaded “h” pattern.  And when the dreaded “h” pattern is a blue ice failure, your probability of success is doubled. When you look at your SPY chart, can you see it?  If not, give us a try in our trading room and I will teach you!

The bears still have control over the trend and price still trades on the sellers’ side of the T-Line, and yesterday’s candle signal implies bears are in control.

IWM:  IWM has drawn a double “M” top which is a bearish pattern.  Can you find the bearish “h” pattern this last week or so?  Price still trades below the T-Line — bears 1, bulls zip!  Yesterday’s gap down and close on weakness implies the sellers are in charge.


Need help knowing when a bottom has formed?  Hit & Run Candlesticks can help.

Beware Profit Traders we are in earnings season

Members Trade Ideas –  Members Only

In the members area you will find 10-15 trade ideas every day


This Week’s Economic Calendar—> Click Here

Current  Swing Trade Featured Trade Ideas- Gold & Silver Members Only:

Symbols formembers only Date  Long/Short Try our Membership, Check out the Trading Room
10-3-14 Long Caution/wait for a PBO
10-2-14 short Close the sort, good earnings now a long
10-1-14 Short Cover on strength
9-30-14 Long Buy on positive trading
9-25-14 Long wait for a PBO
9-18-14 Long Wait for buy signal
9-17-14 Long Get ready
9-5-14 Long Buy on positive trading
9-2-14 Long Buy on positive trading
8-28-14 Long Watch for buy signal
8-14-14 Long Needs a buy signal
8-13-14 Long Buy on positive trading
7-8-14 Long Buy on positive trading/ Caution


VXX S&P 500 VIX Short Term Futures:  A close above the T-Line ™ implies the bullish short-term swing traders are in control, Yesterday’s candle implies bullishness.

USO United States Oil Fund:  A close below the  T-Line ™  implies the bearish short-term swing traders are in control.  The current candle signal implies weakness

TLT: A close above the  T-Line ™ implies the bullish short-term swing traders are in control.  Yesterday’s candle implies buyers are still in control.

The above are just my thoughts to myself just thought I would share with everyone.

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.


Comments are closed.