Futures Calls Recap for 2/29/16
The markets opened flat, spent the first hour flat, went up over lunch, and then broke the lows coming out of lunch to take us back to the ES 1937.50 key level on a weak 1.5 billion NASDAQ shares for end of month. The Opening Range plays didn't work in the flat chop, and we had two additional calls. A losing day to close a very nice month.
Net ticks: -27 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:
NQ Opening Range Play triggered long at A and worked enough for a partial but also triggered pretty far above the Opening Range:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered short at A at 1941.00 and stopped, put it back in, triggered again at B, hit first target, stopped second half over the entry:
Forex Calls Recap for 2/29/16
Couple of stops and then a trade that worked. See GBPUSD section below.
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. Put the long back in in the morning, triggered at C, hit first target at D, and still holding second half:
Stock Picks Recap for 2/26/16
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 BIDU triggered short (with market support) and worked:
His AAPL triggered short (with market support) and didn't work:
His APC triggered long (without market support) and worked enough for a partial:
Mark's NFLX triggered long (without market support) and didn't work:
Rich's EOG triggered short (with market support) and worked:
His CAR triggered long (with market support) and worked:
AMZN triggered short (with market support) and worked enough for a partial:
Rich's GS triggered short (with market support) and worked enough for a partial eventually:
His MA triggered short (with market support) and worked a little:
In total, that's 7 trades triggering with market support, 6 of them worked, 1 did not.
Futures Calls Recap for 2/26/16
The markets gapped up and ultimately filled and closed about flat on 1.6 billion NASDAQ shares. Opening Range plays worked, see that section below.
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:
NQ Opening Range Play, now here's an important lesson. The long trigger at A we don't take because we were short the ES at the time. If I make exceptions to that, I state it in the Lab, but the only time I do is usually if the first trade to trigger is away from the gap and the second is into the gap. Also, in this case, that candle on the NQ 1 minute was exactly a Comber 13 sell signal. Triggered short at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Barely played with the UBreak all day, no point in a call:
Forex Calls Recap for 2/26/16
Two losers and a bigger winner lead to about a wash again for the the session. See GBPUSD 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 long at A and stopped. Triggered short at B (just barely) and stopped. Triggered short again in the morning at C, hit first target at D, and closed final piece for 70 pips at E:
Stock Picks Recap for 2/25/16
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 RH triggered short (without market support) due to opening 5 minutes) and worked enough for a partial:
Mark's BABA triggered short (with market support) and worked:
BIIB triggered short (with market support) and didn't work:
Rich's CMG triggered short (with market support) and worked:
His JNJ triggered long (with market support) and worked:
His NTES triggered short (with market support) and worked enough for a partial:
His AMZN triggered short (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 2/25/16
The markets opened flat and we did well with the Opening Range plays, but volume was the lightest of the year and there wasn't much to do safely after that. We did rally a bit over lunch and got stuck on the ES 1937.50 level again on 1.4 billion NASDAQ shares.
Net ticks: +18.5 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 I posted to use the midpoint for the stop and stopped out, triggered short at B and worked:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 2/25/16
Another slow session in a slow week. See EURUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A and stopped:
Stock Picks Recap for 2/24/16
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, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich's FSLR triggered long (without market support due to opening 5 minutes) and worked:
Mark's NEM triggered long (without market support) and didn't work:
His TLT triggered long (ETF, so no market support needed) and worked:
SINA triggered short (with market support) and worked enough for a partial:
Rich's WYNN triggered short (with market support) and worked:
His VXX triggered short (ETF, so no market support needed) and worked:
GILD triggered long (with market support) and worked:
His NFLX triggered long (with market support) and worked:
In total, that's 6 trades triggering with market support, all of them worked.
Futures Calls Recap for 2/24/16
A little more action finally. The markets gapped down and the early stuff was slow (Opening Range Plays worked a bit). We finally surged back up over lunch and set the LPT on the ES from below and took that trade for a small winner. The gaps filled. NASDAQ volume was 1.7 billion shares.
Net ticks: +13.5 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:
NQ Opening Range Play triggered short at A and worked and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered long at A at 1904.75, hit first target for 6 ticks, stopped second half under the entry:
