Hit and Run CandlesticksWhat is Day Trading? HitandRunCandlesticks.com 5 Rick Saddler Trading for...
Transcript of Hit and Run CandlesticksWhat is Day Trading? HitandRunCandlesticks.com 5 Rick Saddler Trading for...
Hit and Run CandlesticksTrading For Profits LLC
Dallas, TX
February 19, 2011
HitandRunCandlesticks.com 1Rick SaddlerTrading for Profits LLC
Hit and Run Candlesticks
Why do we Trade?
HitandRunCandlesticks.com 2Rick SaddlerTrading for Profits LLC
Hit and Run Candlesticks
Life Style
HitandRunCandlesticks.com 3Rick SaddlerTrading for Profits LLC
Hit and Run Candlesticks
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?
What is Day Trading?
HitandRunCandlesticks.com 5Rick SaddlerTrading for Profits LLC
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?
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
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
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
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
Trade for Profits
Buy
Profit
Cycle
Buy
Profit
The only way to win thisgame is take the moneygiven to us. We call this
profits.
HitandRunCandlesticks.com 10Rick SaddlerTrading for Profits LLC
Hit and Run Candlesticks
Swings, Cycles & Greed
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Hit and Run Candlesticks
Peaks
Valleys
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
Swings & Cycles
HitandRunCandlesticks.com 13Rick SaddlerTrading for Profits LLC
Hit and Run Candlesticks
Peaks & Valleys
Swings & Cycles
HitandRunCandlesticks.com 14Rick SaddlerTrading for Profits LLC
Hit and Run Candlesticks
Peaks & Valleys
Trade for Profits
Buy
Profit
Cycle
Buy
Profit
The only way to win thisgame is take the moneygiven to us. We call this
profits.
HitandRunCandlesticks.com 15Rick SaddlerTrading for Profits LLC
Hit and Run Candlesticks
Trading Style
Day Trade
Short Term Swing Trade
Long Term Swing Trade
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Hit and Run Candlesticks
A Simple Plan
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
PBO Strategy
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Hit and Run Candlesticks
Keep it Simple
Entry-Stop-Profit
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Hit and Run Candlesticks
EntryStopProfit
Buy Box
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
The Buy Box
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Hit and Run Candlesticks
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
Buy Box
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Hit and Run Candlesticks
Buy Box
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Hit and Run Candlesticks
WMB Trap
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Hit and Run Candlesticks
NANO Trap
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Hit and Run Candlesticks
HAL Trap
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Hit and Run Candlesticks
SMOD Trap
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Hit and Run Candlesticks
GRM Trap
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Hit and Run Candlesticks
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)
Thank you
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Hit and Run Candlesticks
Trade for Profit