Futures Calls Recap for 3/13/15
I wrapped up my vacation today, so no official calls, but there were nice setups on the ES and NQ that anyone who has taken the course should have taken, so I will outline those. Meanwhile, the markets gapped up, filled the gap, headed lower over lunch, then recovered to the VWAP area on 1.6 billion NASDAQ shares for quarterly contract roll.
Net ticks: +0 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 long at A and didn't work, triggered short at B but that was pretty late for an OR play:
NQ Opening Range Play triggered long at A and worked, triggered short at B but that was pretty late for an OR play:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Note the set of the VAL Level in the opening bar at A, gave you a short entry breaking under it at B:
NQ:
Just a reminder that we use half points for ticks on the NQ and not the quarter point measurement that the exchanges switched to in recent years. This allows us to use 6 ticks as a key target as we do on the other contracts. It also keeps the value of a tick at $10, closer to the value of a tick on the other contracts.
Note the set of the group of levels at A that triggered short at B:
Forex Calls Recap for 3/13/15
Another nice winner to close out the week. See the EURUSD section below.
Here's a look at 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 of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index. No major signals or patterns to see.
EURUSD:
Triggered short at A, hit first target at B, closed second half at C for end of week for 85 pips:
Stock Picks Recap for 3/12/15
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, JBHT gapped over, no play.
PTCT triggered long late in the day (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's NFLX triggered long (with market support) and worked:
His BABA triggered long (with market support) and worked:
His KLAC triggered short (without market support) and didn't work:
BIDU triggered short (without market support) and worked:
Rich's CYBR triggered long (with market support) and worked enough for a partial:
His FB triggered long (with market support) and worked:
His AMZN triggered long (with market support) and didn't work, worked later:
His FAS triggered long (ETF, so no market support needed) and worked:
In total, that's 7 trades triggering with market support, 5 of them worked, 2 did not.
Futures Calls Recap for 3/12/15
The NQ opened flat while the ES gapped up and then the markets pushed higher early, flattened out through lunch, and then rallied a bit late on 1.7 billion NASDAQ shares. The Opening Range plays worked great, which was all I caught as I was on vacation. See that and ES section below.
Net ticks: -7 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 with Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and worked:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play triggered long at A and worked:
NQ Tradesight Institutional Range Play triggered long at A and worked, but I wouldn't take that one because it moved so far to get the close of the candle for the trigger outside of the IR:
ES:
Mark's call triggered long at A at 2057.25 and didn't work. It would have worked the second time, but he didn't re-enter:
Forex Calls Recap for 3/12/15
Another fairly unexciting session, but a winner for us. 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, closed second half at entry in the morning at C:
Stock Picks Recap for 3/11/15
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 MU triggered long (with market support for a second) and didn't quite go enough for a partial:
His AAPL triggered short (with market support) and worked:
His TWTR triggered short (with market support) and didn't quite go enough for a partial:
His TSLA triggered long (with market support) and worked nicely:
His NFLX triggered long (with market support) and worked:
Mark's SNDK triggered long (without market support) and worked enough for a partial:
Rich's AAPL triggered long (with market support) and worked enough for a partial:
His POT triggered short (with market support) and didn't work:
In total, that's 7 trades triggering with market support, 4 of them worked, 3 did not.
Futures Calls Recap for 3/11/15
One loser after the ES set the Pivot nicely, but the Opening Range plays had better results. Overall, a fairly flat session in the markets with only 1.6 billion NASDAQ shares traded.
Net ticks: -7 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 long at A and didn't, although you would have been in the NQ short at the time and we don't recommend going both directions. Triggered short at B and worked:
NQ Opening Range Play triggered short at A and worked, triggered long at B and didn't:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Set the Pivot nicely and then triggered long at 2049.25 at A and stopped:
Forex Calls Recap for 3/11/15
Another winner that is still going on the EURUSD. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
It's possible one leg (of three) triggered at A depending on your broker based on our order staggering rules. The rest triggered at B, hit first target at C, and still holding second half with a stop over LPT at D:
Stock Picks Recap for 3/10/15
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, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich's LL triggered long (without market support due to opening 5 minutes) and worked:
BIDU triggered short (with market support) and didn't work:
Rich's NFLX triggered long (without market support) and didn't work:
His TWTR triggered short (with market support) and worked:
His DAL triggered short (with market support) and didn't work:
In total, that's only 3 trades triggering with market support, 1 of them worked, 2 did not.