Forex Calls Recap for 3/25/16
We went half size for the session because even though it wasn't a "bank Holiday," many markets including the US were closed for Good Friday. Should have just taken the day off. The GBPUSD literally stuck in the Value Area. See that 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.
GBPUSD:
Triggered short at A, just missed first target at B, and stopped:
Stock Picks Recap for 3/24/16
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, FIVN triggered long (with market support) and didn't work (no surprise, late in the day heading into the long weekend, it is back on the report for Monday):
From the Messenger/Tradesight_st Twitter Feed, Rich's LVS triggered short (without market support) and didn't work:
His CELG triggered long (with market support) and worked:
His TLT triggered short (ETF, so no market support needed) and worked:
His AMZN triggered long (with market support) and worked:
His VRX triggered short (without market support) and worked:
In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.
Futures Calls Recap for 3/24/16
As expected, a dull session. Markets gapped down and were very flat early. I went small size on the Opening Range plays because of it, although we just count raw ticks for the total. Market eventually clawed its way back to even on 1.4 billion NASDAQ shares to wrap up the short week. Back to work Monday.
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 short a A and didn't work, triggered long at B and eventually worked enough for a partial:
NQ Opening Range Play triggered short at A and didn't work, long was too far outside the range:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered long at A at 2018.75, hit first target for six ticks and stopped second half in the money after an adjustment or two on the stop:
Forex Calls Recap for 3/24/16
Came into the day with a the second half of a GBPUSD trade from the prior session that closed out in the money. Three new triggers in a day, two winners and a loser. One trade is still going. See 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, second half stopped. Triggered long at C and stopped. Put it back in in the morning, triggered at D, hit first target at E and still holding with a stop under Pivot:
Stock Picks Recap for 3/23/16
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, OCLR triggered long (with market support) and worked a little over the day:
From the Messenger/Tradesight_st Twitter Feed, Rich's NFLX triggered short (with market support) and worked enough for a partial:
FSLR triggered short (with market support) and worked:
Rich's LVS triggered short (with market support) and didn't work:
His VRX triggered short (with market support) and didn't work:
His IONS triggered short (with market support) and worked great:
His NTES triggered short (with market support) and worked:
His WYNN triggered short (without market support) and didn't work:
His IBM triggered short (with market support) and didn't work:
AMZN triggered long (without market support) and didn't work:
SINA triggered short (with market support) and worked a little, but really didn't go enough to count:
In total, that's 8 trades triggering with market support, 5 of them worked, 3 did not.
Futures Calls Recap for 3/23/16
Another boring session. 3 Opening Range plays triggered although it took until 37 minutes into the day for the ES to hit a partial, which is crazy long. I made one other call on the ES, although shouldn't have bothered with market volume so light. We gapped down and pushed lower on 1.5 billion NASDAQ shares.
Net ticks: -12 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 eventually:
NQ Opening Range Play triggered long at A and didn't work, triggered short at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Nice setup triggered short at 2031.00 at A and barely stopped before working, but there wasn't enough action in the market or volume to put it back in for me. It was also set up nice later in the day after the bounce at B for the breakdown at C:
Forex Calls Recap for 3/23/16
Came into the session still short the GBPUSD and that continued to work. GBPUSD triggered short in a new trade and worked, still holding the second half of that now too. See that 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, still holding second half (along with the second half of the prior day's trade) with a stop over S1:
Stock Picks Recap for 3/22/16
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, XONE triggered long (with market support) and worked great:
From the Messenger/Tradesight_st Twitter Feed, Rich's GILD triggered long (with market support) and worked:
His TSLA triggered short (with market support) and worked:
CELG triggered long (with market support) and worked:
LNKD triggered long (with market support) and didn't work:
Rich's WYNN triggered short (without market support) and worked enough for a partial:
His AMZN triggered short (without market support) and didn't work:
His GS triggered short (without market support) and didn't work:
In total, that's 5 trades triggering with market support, 4 of them worked, 1 did not.
Futures Calls Recap for 3/22/16
The markets gapped down on the terrorist attack in Belgium but recovered back to even and closed fairly flat for the session. The disappointing news was the volume was very light at 1.4 billion NASDAQ shares again, so all trading is higher risk.
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 didn't work:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 3/22/16
A loser and a much bigger winner for the session. See the 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 and stopped:
GBPUSD:
Triggered short at A, hit first target at B, still holding second half with a stop at C:
