Trading In The Direction Of The Market

Trading In The Direction Of The Market

(SPY) The profitable swing trader has discovered trading in the direction of the market is easier and more profitable. I believe this is something that will never change. The buyers continue to dominate the overall market with periods of consolidation and minor pullbacks which turn out to be buying opportunities.

The SPY is currently working on a Hammer / Bull Kicker and a rising 34-EMA. A close over $244.87 in the next few days would set up the SPY for another Bullish leg.

Free Trade Idea – SWIR

Free Trade Idea - SWIRSWIR (Sierra Wireless Inc.) Has started a bullish rise from the May 5 gap, over the past few days SWIR has formed a flag pull back. We feel this could be a opportunity before the breakout of the recent high.

With on-demand recorded webinars, eBooks, and videos, member and non-member eLearning, plus the Live Trading Rooms, there is no end your trading education here at the Hit and Run Candlestick, Right Way Option, Strategic Swing Trade Service and Trader Vision.

 

Conditions For The SWIR Trade

  • Bullish gap
  • Flag PBO
  • Bullish J-Hook set up
  • Bullish Engulf
  • Swing or swings: 25% Plus

 

Why Trade With Hit and Run Candlesticks

WYNN is up 32.21% from our members only post on March 15, 2017; WYNN was another 3% yesterday on a breakout headed to our higher targets.

Email us back and let us know why your not a member and you could win a $20.00 gift card to Amazon. Will will be giving 5 Amazon gift cards away.

Hit and Run Candlesticks Movers Yesterday

  • IMGN +7.21%
  • CONN +6.67%
  • NVCR +6.76%

 

What is a Trade Idea Watchlist?

A trade idea watchlist is a list of stocks that we feel will move in our desired direction over a swing trader’s time frame.  That time could be one to 15 days for example. From that watchlist, we wait until price action meets our conditions for a trade.

MEMBERS ONLY

 

Investing and Trading involve significant financial risk and are not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

 

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