Forex Calls Recap for 5/16/16
A loser and a second trade that hasn't hit the first target yet as I write this. See EURUSD and GBPUSD sections below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A, still waiting with a stop under the entry:
GBPUSD:
Triggered short at A and stopped:
Stock Picks Recap for 5/13/16
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, Rich's JWN triggered short (without market support) and worked enough for a partial:
His AMZN triggered short (with market support) and didn't work:
His NFLX triggered short (with market support) and worked:
BABA triggered short (with market support) and worked:
COST triggered short (with market support) and worked a little:
In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.
Futures Calls Recap for 5/13/16
The markets opened close to flat, headed up a little, then rolled back down. We were in a narrow range on light volume all morning, then got stuck over lunch. Eventually, things started to slide in the afternoon. NASDAQ volume closed at 1.5 billion shares. Opening Range plays worked and mixed bag on another NQ trade that stopped once before working a little. Nothing special on a light volume day.
Net ticks: +21 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, triggered short at B and worked enough for a partial:
NQ Opening Range Play triggered long at A and worked:
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.
My call triggered short at A at 4337.25 and stopped, then triggered again and worked only to the first target:
Forex Calls Recap for 5/13/16
We came into the session short the EURUSD and it continued to work. We also had a new GBPUSD trade trigger and work. See those sections 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.
EURUSD:
Came into the session short the second half of the EURUSD and closed it at A on the chart for end of week for 110 pips:
GBPUSD:
Triggered short at A, or B if you were around later, never stopped, hit first target at C, lowered stop in the morning and then closed it at D for 70 pips for end of week:
Stock Picks Recap for 5/12/16
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, SOHU triggered short (with market support) and worked:
AAPL triggered short (with market support) and worked:
JBLU triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Mark's CA triggered long (with market support just barely) and worked:
Rich's AMZN triggered long (with market support just barely) and didn't work:
His NFLX triggered short (with market support) and worked:
His IBM triggered short (with market support) and worked:
CELG triggered short (with market support) and didn't work:
Rich's IBB triggered short (ETF< so no market support needed) and didn't work:
His DWTI triggered long (ETF, so no market support needed) and worked:
His KSS triggered short (with market support) and worked:
In total, that's 11 trades triggering with market support, 8 of them worked, 3 did not.
Futures Calls Recap for 5/12/16
What could have been a nice day wasn't that interesting when the ES OR play stopped out early before working great. Markets gapped up and sold off sharply as AAPL broke 52-week support and took everything down. We did recover a bit in the afternoon. NASDAQ volume was 1.7 billion shares. See ES below and Opening Range sections below.
Net ticks: +2 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 stopped out with another narrow Opening Range. The long at B we don't take under the rules because we were still short NQ and it wasn't in the direction of the gap:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered short at A at 2063.25, hit first target for 6 ticks, stopped second half over the entry just barely, which was a bummer because it went on for a big move:
Forex Calls Recap for 5/12/16
Another nice winner still going for the session. This is in the EURUSD, see that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short perfectly at A, hit first target at B, still holding second half with stop at C:
Stock Picks Recap for 5/11/16
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, Rich's KORS triggered short (with market support) and worked:
Mark's CSIQ triggered long (with market support) and worked:
Rich's DIS triggered long (with market support) and didn't work:
His AGN triggered long (with market support) and worked:
Mark's COST triggered short (with market support) and worked:
Rich's VLO triggered long (with market support) and worked enough for a partial:
GILD triggered short (with market support) and worked great:
In total, that's 7 trades triggering with market support, 6 of them worked, 1 did not.
Futures Calls Recap for 5/11/16
The markets gapped down and were very narrow (though split, NASDAQ more positive, ES more negative) for the first hour, the things spiked up to fill the gap on the Oil Inventory numbers, and then the rest of the day was to the downside, especially after lunch. NASDAQ volume was 1.7 billion shares. There weren't any setups in the first half of the day. Opening Range plays were mixed but the stops were tight.
Net ticks: -26 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 stopped, triggered long at B and stopped. Good example of when an OR is so narrow, you don't have to risk much, but even a blip stops you out. It was only 6 ticks wide:
NQ Opening Range Play triggered short at A and stopped, triggered long at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 5/11/16
Amazingly, neither trade triggered (the GBPUSD long hit at noon EST, which is way too late). We did exactly touch the S1, which was the trigger, but never broke it. However, there were several Comber 13 reversal signals for the session, and they all worked. Have a good look at the charts below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Came down to S1 exactly, which was our trigger, but never went through:
