Stock Picks Recap for 1/21/15
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, CRUS triggered long (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's BABA triggered long (with market support) and worked:
His TSLA triggered long (with market support) and didn't work initially, worked later:
His NFLX triggered short (with market support) and didn't work:
His SLB triggered long (with market support) and worked:
BIDU triggered long (with market support) and worked great:
Mark's BRCM triggered long (with market support) and didn't work:
Rich's FB triggered long (with market support) and worked:
His FDX triggered short (without market support) and worked:
In total, that's 8 trades triggering with market support, 4 of them worked, 4 did not.
Futures Calls Recap for 1/21/15
The markets gapped down and shot up about 10 minutes in on news out of the ECB, covering average daily range in 8 minutes, and that was the range for the day. Ruined any other calls that I wanted to make, but the long side Opening Range plays worked. See that section below. The rest of the day was dead as we are in Core Earnings Season. NASDAQ volume closed at 1.7 billion shares.
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:
NQ Opening Range Play:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES with Levels:
Forex Calls Recap for 1/21/15
Another dull session with two stop outs. See GBPUSD below. EURUSD made the better move but also ended up right where it started.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A and stopped. Triggered short at B and stopped:
Stock Picks Recap for 1/20/15
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, CLDX triggered long (with market support) and worked:
FSLR triggered short (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, Rich's TWTR triggered short (with market support) and worked:
BIDU triggered short (with market support) and worked:
Rich's ERX triggered short (ETF, so no market support needed) and didn't work:
Mark's SNDK triggered long (with market support) and worked enough for a partial:
In total, that's 6 trades triggering with market support, 5 of them worked, 1 did not.
Futures Calls Recap for 1/20/15
Winners again (and a loser) for the Opening Range plays. The Institutional Range plays didn't give valid triggers. We also had a winner on the NQ that barely stopped the second half before working huge. See that section below.
The markets gapped up and sold off sharply. Volume was strong early but then gave us a warning anyway and closed at 1.8 billion NASDAQ shares, back near the high of the day.
Net ticks: +2.5 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, then triggered short at B and worked great:
NQ Opening Range Play did the same:
ES Tradesight Institutional Range Play, the entry bar moved too far from the trigger level to take:
NQ Tradesight Institutional Range Play:
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.
Triggered short at A at 4150.00, hit first target for 6 ticks, and stopped the second half just barely over the entry:
Forex Calls Recap for 1/20/15
A very, very boring session overnight that continued to do nothing in the US session. See the EURUSD below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A and stopped. Triggered short at B, never went anywhere and ran out of time, so I closed it at the end of the chart:
Stock Picks Recap for 1/16/15
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, THOR triggered long (with market support) and worked:
FSLR triggered short (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's LEN triggered short (with market support) and worked enough for a partial:
LNKD triggered short (with market support) and worked:
Rich's BABA triggered long (with market support) and didn't work:
In total, that's 5 trades triggering with market support, 3 of them worked, 2 did not.
Futures Calls Recap for 1/16/15
Another nice session for the Opening Range plays, and then we had another call that worked a little. See the ES section below. It was pretty choppy for most of the session, as expected on options expiration. Volume never came back in the afternoon, and we closed at 1.7 billion shares, which is pretty light for expiration Friday.
Net ticks: +2.5 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 at A and worked great again:
NQ Opening Range Play triggered at A and worked great again:
ES Tradesight Institutional Range Play triggered short at A and stopped over the yellow line. Triggered long at B and worked:
NQ Tradesight Institutional Range Play triggered short at A and didn't work (stopped over the yellow line) and triggered long at B and worked (never stopped under the yellow line):
ES:
Triggered short at A at 1983.00, hit first target for 6 ticks, and closed second half over entry:
Forex Calls Recap for 1/16/15
A nice winner to close out the week and make up for the double loss on Crazy Day yesterday. See the EURUSD section below is as we made almost 100 pips to the final exit.
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. See the GBPUSD, EURUSD, and US Dollar sections in particular.
EURUSD:
Triggered short at A, hit first target at B, lowered stop twice and stopped final piece at C over 1.1500 for almost 100 pips:
Stock Picks Recap for 1/15/15
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, UTHR triggered long (without market support due to opening 5 minutes):
TRIP triggered short (with market support) and worked enough for a partial, and later even more:
From the Messenger/Tradesight_st Twitter Feed, FEYE triggered short (with market support) and worked:
Rich's YHOO triggered short (with market support) and didn't work (worked later):
BIDU triggered short (with market support) and worked:
Rich's BBY triggered short (with market support) and worked enough for a partial:
TWTR triggered short (with market support) and worked:
Rich's PCLN triggered short (with market support) and worked:
His EOG triggered long (without market support) and didn't work:
His BABA triggered short (with market support) and worked:
His AMGN triggered short (with market support) and worked:
In total, that's 9 trades triggering with market support, 8 of them worked, 1 did not.