Hit and Run Candlesticks · 2011-03-03 · Hit and Run Candlesticks Trading For Profits LLC Dallas,...
Transcript of Hit and Run Candlesticks · 2011-03-03 · Hit and Run Candlesticks Trading For Profits LLC Dallas,...
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Hit and Run CandlesticksTrading For Profits LLC
Dallas, TX
February 19, 2011
HitandRunCandlesticks.com 1Rick SaddlerTrading for Profits LLC
Hit and Run Candlesticks
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Why do we Trade?
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Hit and Run Candlesticks
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Life Style
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Hit and Run Candlesticks
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What is Swing Trading?
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Hit and Run Candlesticks
A style of trading that attempts to capturegains in a stock within one to ???? Days.
How many Swing Traders do we have?
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What is Day Trading?
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Hit and Run Candlesticks
A style of trading that attempts to capturegains in a stock within the same day. Closingthe position by days end.
How many Day Traders do we have?
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It’s about you
A style of trading that attempts to capturegains in a stock within one to ???? Days.
style of trading that attempts to capture gainsin a stock within the same day. Closing theposition by days end.
HitandRunCandlesticks.com 6Rick SaddlerTrading for Profits LLC
Hit and Run Candlesticks
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Profits
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Hit and Run Candlesticks
Equals $10KPer Year
Equals $10KPer Year
$240.Per WK$240.
Per WK
$48. PerDay
$48. PerDay
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Profits
HitandRunCandlesticks.com 8Rick SaddlerTrading for Profits LLC
Hit and Run Candlesticks
Equals $20KPer Year
Equals $20KPer Year
$480.Per WK$480.
Per WK
$96. PerDay
$96. PerDay
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Profits
HitandRunCandlesticks.com 9Rick SaddlerTrading for Profits LLC
Hit and Run Candlesticks
Equals $80KPer Year
Equals $80KPer Year
$1900.Per WK$1900.Per WK
$380.Per Day$380.
Per Day
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Trade for Profits
Buy
Profit
Cycle
Buy
Profit
The only way to win thisgame is take the moneygiven to us. We call this
profits.
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Hit and Run Candlesticks
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Swings, Cycles & Greed
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Hit and Run Candlesticks
Peaks
Valleys
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Selling Tops
Greed Emotion Can it go higher? (Greed)
The lure of more money? (Greed)
Will if fall from here? (Fear)
Will I loose the money I have? (Fear)
Fewer confirmations
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Hit and Run Candlesticks
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Swings & Cycles
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Hit and Run Candlesticks
Peaks & Valleys
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Swings & Cycles
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Hit and Run Candlesticks
Peaks & Valleys
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Trade for Profits
Buy
Profit
Cycle
Buy
Profit
The only way to win thisgame is take the moneygiven to us. We call this
profits.
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Hit and Run Candlesticks
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Trading Style
Day Trade
Short Term Swing Trade
Long Term Swing Trade
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Hit and Run Candlesticks
A Simple Plan
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A Simple Plan
1. 1 or 2 Trade Strategies
2. Entry Plan
3. Stop Plan
4. Profit Plan
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Hit and Run Candlesticks
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PBO Strategy
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Hit and Run Candlesticks
Keep it Simple
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Entry-Stop-Profit
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Hit and Run Candlesticks
EntryStopProfit
Buy Box
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The Buy Box
• An area that suggestthe SELLERS are leavingand the BUYERS may bestepping in.
– Trading places
• Double Bottoms
• Multi-bar Bottoms
• Support
• M/A Support
• Price-Action (Candlesticks)
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Hit and Run Candlesticks
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The Buy Box
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Hit and Run Candlesticks
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Time the Buy Signal?
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Hit and Run Candlesticks
Candlesticks narrow range signalsCandlestick reversal signals
Multi-bar bottoms
Left side support
M/A support
Buy Low / Sell High
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Buy Box
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Hit and Run Candlesticks
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Buy Box
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Hit and Run Candlesticks
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WMB Trap
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Hit and Run Candlesticks
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NANO Trap
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Hit and Run Candlesticks
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HAL Trap
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Hit and Run Candlesticks
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SMOD Trap
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Hit and Run Candlesticks
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GRM Trap
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Hit and Run Candlesticks
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PBO PCF’s
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Hit and Run Candlesticks
PBO Scoop (Trap) Break Away (8-50)(C4 <= XAVGC8.4 AND C >= AVGC50) AND (C3 <= XAVGC8.4 AND C >= AVGC50) AND(C2 <= XAVGC8.4 AND C >= AVGC50) AND (C1 <= XAVGC8.4 AND C >= AVGC50) AND(C >= XAVGC8 AND C >= AVGC50)
PBO Scoop Trap (8-50)(C4 <= XAVGC8.4 AND C >= AVGC50) AND (C3 <= XAVGC8.4 AND C >= AVGC50) AND (C2<= XAVGC8.4 AND C >= AVGC50) AND (C1 <= XAVGC8.4 AND C >= AVGC50) AND (C <=XAVGC8 AND C >= AVGC50)
PBO T-Line 50 Trap(C <= XAVGC8 AND C >= AVGC50)
PBO T-Line 20 Trap(C <= XAVGC8 AND C >= AVGC20)
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Thank you
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Hit and Run Candlesticks
Trade for Profit