Stock Picks Recap for 4/30/20

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. ETF calls do not require market support, and are thus either winners or losers.

From the report, no calls.

From the Messenger/Tradesight_st Twitter Feed, FB triggered short (with market support) and didn't work:

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

In total, that's 2 trades triggering with market support, neither of them worked.


Futures Calls Recap for 4/30/20

The markets gapped down and basically hung around all day, as could be expected for end of month statement printing. NASDAQ volume was 4.2 billion shares.

Net ticks: +3 ticks.

As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:

ES and NQ Opening and Institutional Range Plays:

ES Opening Range Play triggered short at A but just too far out of range by a little to take, wouldn't blame you if you took it anyway since it was so close:

NQ Opening Range Play triggered short at A but too far out of range to take:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:

ES:

My call triggered long at A at 2913.25, hit first target for 8 ticks, and stopped the second half under 1913.00:


Forex Calls Recap for 4/30/20

A small loser and a winner for the session. See GBPUSD section below.

Here's a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Our short triggered soon after I posted the calls, which is so early that you should have been half size if you took it, and it stopped. Can't even show it on the chart because it is too far back to the left. Meanwhile, our long triggered at A, hit first target perfectly at B, and stopped out of the second half under the entry at C before the GBPUSD curled up and ran. Most of you likely took the long over R2 after that since the level was set beautifully and ran for 100 pips:


Stock Picks Recap for 4/29/20

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. ETF calls do not require market support, and are thus either winners or losers.

From the report, no calls.

From the Messenger/Tradesight_st Twitter Feed, Rich's APA triggered long (with market support) and worked:

In total, that's 1 trade triggering with market support, and it worked.


Futures Calls Recap for 4/29/20

The markets gapped up and went higher early ahead of lunch, and that was the range of the day, even with the Fed announcement, which did nothing. NASDAQ volume was 4.3 billion shares.

Net ticks: +4 ticks.

As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:

ES and NQ Opening and Institutional Range Plays:

ES Opening Range Play triggered short at A and worked enough for a partial, triggered long at B but too far out of range to take:

NQ Opening Range Play, both triggers were too far out of range to take:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:

ES:


Forex Calls Recap for 4/29/20

A minor winner (very minor) for the session. See GBPUSD section below.

Here's a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered long at A, and for the first time in a while, we had the situation where only part of your trade hit the partial if you are order staggering the way that we teach at B, the rest stopped under the entry:


Stock Picks Recap for 4/28/20

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. ETF calls do not require market support, and are thus either winners or losers.

From the report, no calls.

From the Messenger/Tradesight_st Twitter Feed, BIDU triggered short (with market support) and worked:

TXN triggered short (with market support) and worked:

UBER triggered short (with market support) and worked:

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

GS triggered short (with market support) and worked:

In total, that's 5 trades triggering with market support, all of them worked.


Futures Calls Recap for 4/28/20

The markets gapped up, sold off hard, and then went flat for the last four hours on 3.6 billion NASDAQ shares.

Net ticks: +24 ticks.

As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:

ES and NQ Opening and Institutional Range Plays:

ES Opening Range Play triggered short at A and worked:

NQ Opening Range Play triggered short at A but too far out of range to take:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:

ES:

My call triggered short at A at 2900.75, hit first target for 8 ticks, stopped second half in the money at 2895.25:


Forex Calls Recap for 4/28/20

A small winner for the session. See GBPUSD section below.

Here's a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered long at A, hit first target at B, stopped second half in the money at C:


Stock Picks Recap for 4/27/20

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. ETF calls do not require market support, and are thus either winners or losers.

From the report, GLUU triggered long (with market support) and didn't go enough to count:

RDFN triggered long (with market support) and worked:

JCOM triggered long (without market support due to opening 5 minutes) and worked:

From the Messenger/Tradesight_st Twitter Feed, INTU triggered long (with market support) and worked:

In total, that's 2 trades triggering with market support, both of them worked, plus GLUU and JCOM.