Major Reversal Candles Forming in Consumer Good Stocks

trading strategies and money management discussion, code, results

Moderator: moderators

daytradingradio
rank: 50+ posts
rank: 50+ posts
Posts: 86
Joined: Wed May 29, 2013 9:32 pm
Reputation: 0
Location: United States
Gender: Male
Contact:

Major Reversal Candles Forming in Consumer Good Stocks

Postby daytradingradio » Fri Jan 31, 2014 8:27 pm

Image

Today, I want to get this alert out early to take advantage of some great reversals in the market. As we trade live on http://www.daytradingradio.com, we focus on High Probability Setup (HPS) zones. These are zones that have a multiple indicators lining up at the same time and place. The icing on the cake would be to see a reversal candle forming that suggests a change in sentiment in the stock or trading vehicle that the candle has formed in. It does not guarantee a reversal, but combined with the HPS indicators, it is one of the best risk/reward trade scenarios in the market.

We are seeing a lot of these today and I wanted to make sure people had an opportunity to take advantage of this alert. Stock that are setting up

PM, PG, K, YUM, PM, DG, DLTR

Image

Chart 1 Larger Image View

Image
Chart 2

Image
Chart 3

These three are in focus and are Best Bets going into next week.

Caution is always advised in trading and there are no guarantees in the market. Please do your own due diligence.

Watch for a complete HPS watch list to be released today for these and many great setups for next week

DayTraderRockStar

WATCH LIVE MARKET ON DayTradingRadio.com NOW

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
RicG
rank: 150+ posts
rank: 150+ posts
Posts: 274
Joined: Tue Jul 24, 2007 11:44 pm
Reputation: 0
Location: Nashville, TN
Gender: Male

Postby RicG » Sat Feb 01, 2014 2:36 pm

SPAM! SPAM! SPAM! SPAM! SPAM!!!!!!!!!!!!!!!!!!!!!!!!
(Disclaimer - This post is for educational purposes only. Always consult a licensed investment professional before taking any trade. Any trade you take is at your own risk.)


Return to “strategy trading & money management”