Forex Calls Recap for 12/30/11

Winner to close out the year in the GBPUSD, see that section below.
Here's the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week with the Seeker and Comber counts (see GBPJPY); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES then look at the US Dollar Index and that's about it.
Look for new entries into the Blog and Messenger in the next week to sum up December and 2011 (separately) and comment on our Forex trading in general for the year.
Happy a Safe and Happy New Year's. Thanks for being the best subscribers in the world, and we look forward to a lot of new things in 2012.
GBPUSD:
Triggered long at A. Under our order staggering rules taught in our courses, you probably stopped out of one leg of the three at B, hit first target at C, closed final piece at D to end the year on a positive note:


Stock Picks Recap for 12/29/11

With each stock's recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early.
No triggers from the report.
In the Messenger, GS triggered long (with market support) and worked:

Not much else to call in this environment.
In total, that's 1 trades triggering with market support, and it worked.


Forex Calls Recap for 12/29/11

Another uninspired session with the EURUSD trading half of normal range. See that section below for trades that triggered, one loser and one winner.
New calls tonight and chat, but not expecting much. Here's the US Dollar Index intraday with market directional lines:

EURUSD:
Triggered short at A and stopped. Triggered short at B, hit first target at C, lowered stop and stopped at D:


Forex Calls Recap for 12/29/11

Another uninspired session with the EURUSD trading half of normal range. See that section below for trades that triggered, one loser and one winner.
New calls tonight and chat, but not expecting much. Here's the US Dollar Index intraday with market directional lines:

EURUSD:
Triggered short at A and stopped. Triggered short at B, hit first target at C, lowered stop and stopped at D:


Tradesight Market Preview for 12/29/11

The ES reversed and posted a first day down losing 16 on the day. Below is a clean chart to better see the failure at the upper boundary of the triangle..

NQ futures lost 25 on the day which puts it bearishly below all of the major moving averages again. The near-term DTL was never broken and is now pressuring price. 4/8 is the key area nearby at 2250 which is next support.

Multi sector daily chart:

The Dow/gold ratio could be ready to make a move:

BTK was a place to hide and top gun on the day and actually registered an inside candle. Watch this sector tomorrow for the real break.

The SOX was down 1.4% and will be below all major and minor moving averages if the 10ema is lost. Note the DTL that was added to the chart.

The BKX is trying to hang onto the triangle breakout. Price remains on the north side of the 50dma.

The OSX was very weak and remains below the 38% fib. The 13 Seeker signal will look very ominous if the Dec. low is taken out.

Oil settled below 100:

Gold make a new low on the move and a new low close. The Gann box is very close to a bearish frame shift down.


Stock Calls Recap for 12/28/11

With each stock's recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early.
Nothing triggered off of the report.
In the Messenger, AMZN triggered short (with market support) and worked huge:

Rich's AAPL triggered short (with market support) and worked:

His JPM triggered short (with market support) and didn't work:

His GS triggered short (with market support) and didn't work:

His MCP triggered short (with market support) and worked:

In total, that's 5 trades triggering with market support, 3 of them worked, 2 did not.


Forex Calls Recap for 12/28/11

Dead session for the European session, but a big move in the US session that started just before I got back to my desk to take advantage. See GBPUSD below.
New calls and Chat tonight.
Here's the US Dollar Index intraday with our market directional lines:

GBPUSD:
Triggered short at A and stopped. Triggered long at B and stopped. Triggered again short at C, which would have been valid again and worked for 200 pips, but it happened about 15 minutes before I was back at my desk in the morning, unfortunately:


Stock Picks Recap for 12/27/11

With each stock's recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early.
From the report, EXPE gapped over the trigger, no play, although it triggered again later and worked.
In the Messenger, Rich's AMZN triggered short (without market support) and didn't work:

His SHLD triggered short (without market support) and worked:

His WYNN triggered long (with market support) and didn't work:

In total, that's 1 trades triggering with market support, and it didn't work.


Stock Picks Recap for 12/27/11

With each stock's recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early.
From the report, EXPE gapped over the trigger, no play, although it triggered again later and worked.
In the Messenger, Rich's AMZN triggered short (without market support) and didn't work:

His SHLD triggered short (without market support) and worked:

His WYNN triggered long (with market support) and didn't work:

In total, that's 1 trades triggering with market support, and it didn't work.


Forex Calls Recap for 12/27/11

Dead session for the European session, but a big move in the US session that started just before I got back to my desk to take advantage. See GBPUSD below.
New calls and Chat tonight.
Here's the US Dollar Index intraday with our market directional lines:

GBPUSD:
Triggered short at A and stopped. Triggered long at B and stopped. Triggered again short at C, which would have been valid again and worked for 200 pips, but it happened about 15 minutes before I was back at my desk in the morning, unfortunately: