Futures Calls Recap for 7/7/16
The markets opened with a tiny gap up and pushed higher, then came back to even for the day on a weak 1.5 billion NASDAQ shares. Opening range plays worked and another call on the NQ didn't.
Net ticks: +3.5 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 worked enough for a partial:
NQ Opening Range Play triggered long at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
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.
Even though this triggered right as I was calling it, we will count it. Triggered short at A at 4439.50 and stopped:
Forex Calls Recap for 7/7/16
Basically a wash session with a winner and a loser. See EURUSD below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A and stopped. Triggered short at B in the morning, didn't quite hit first target, so I closed it for 20 pips:
Stock Picks Recap for 7/6/16
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, VRSK triggered long (with market support) and didn't work:
MEOH triggered short (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, AAPL triggered short (with market support) and didn't work:
EBAY triggered short (with market support) and didn't work:
TEVA triggered short (with market support) and didn't work:
Rich's AMZN triggered long (with market support) and worked great:
His FB triggered long (with market support) and worked:
His IBB triggered long (ETF, so no market support needed) and worked:
In total, that's 8 trades triggering with market support, 4 of them worked, 4 did not.
Futures Calls Recap for 7/6/16
The markets opened fairly flat and gave us some smaller Opening Range winners. We also got another small winner on a call on the ES separately. See those sections below. NASDAQ volume was 1.6 billion shares.
Net ticks: +14.5 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 short at A and worked a little:
NQ Opening Range Play triggered short at A and worked a little:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered long at A at 2076.25, hit 6 ticks for a partial and stopped second half under the entry:
Forex Calls Recap for 7/6/16
Two small winners (the same trade twice) for the session. See the GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A, hit first target at B, stopped second half at C because I wasn't awake to adjust. Triggered short at D, hit first target at E, stopped second half at F over the entry:
Stock Picks Recap for 7/5/16
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, Mark's ILMN triggered long (without market support) and didn't work:
Rich's SWKS triggered short (with market support) and didn't work:
GOOGL triggered short (with market support) and worked eventually, but you probably gave up on it:
TSLA triggered long (without market support) and worked:
Rich's GS triggered short (with market support) and worked enough for a partial:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not. Probably didn't stick with the GOOGL, but the TSLA worked the best later (Pressure Threshold play).
Futures Calls Recap for 7/5/16
The markets gapped down and went lower, although most of the action was in the first 30 minutes as people are still recovering from the long weekend. Wednesday should pick up. We had awesome Opening Range plays to start the week. See that section below. NASDAQ volume closed at only 1.45 billion shares.
Net ticks: +30 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 great:
NQ Opening Range Play triggered short at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 7/5/16
A nice winner to start the week. See the GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A, hit first target at B (looks like a blip now), proceeded much lower, lowered stop in the morning and stopped at C unfortunately, as it barely stopped and then went lower. Note the Comber 13 buy signal at the low that caused the pop:
Stock Picks Recap for 7/1/16
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, AMZN triggered long (with market support) and worked great:
In total, that's 1 trade triggering with market support, and it worked big.
Futures Calls Recap for 7/1/16
An interesting end to the week heading into the long weekend as the markets opened flat and shot up for an hour or so and that was about it. We closed at the VWAP on 1.6 billion NASDAQ shares. Nice Opening Range plays, see that section below.
Net ticks: +19 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 worked:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
