Futures Calls Recap for 11/17/15
Another day where the Opening Ranges worked and volume was even worse than the prior day, so we didn't really call much else. There was a setup on the NQ in the afternoon when it set the UBreak from above and then broke it. NASDAQ volume closed at 1.6 billion shares again.
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 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:
Forex Calls Recap for 11/17/15
What is with the 40 pips ranges all of the sudden? Waste of time out of the blue. This has been the worst two days of the year for forex action. See EURUSD section below for the trade recap.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A and stopped in 40 pips of range. Put it back in, triggered short at B, closed even at C for end of session:
Stock Picks Recap for 11/16/15
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, ACRX triggered long (with market support) and worked some, but never went enough either way to count and closed at the trigger:
From the Messenger/Tradesight_st Twitter Feed, Rich's APA triggered long (with market support) and worked:
His AAPL triggered long (with market support) and worked:
VRSN triggered long (with market support) and didn't work:
Rich's CLVS triggered long (with 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 11/16/15
Huge winners on the Opening Ranges plays (40 ticks to the final exit that I called in the Lab on the ES) as the markets opened down a little and then headed up early. We then fell into a drift and then started climbing very slowly over lunch and kept going into the close on 1.6 billion NASDAQ shares. With the big Opening Range plays and then the volume warning, I didn't make any additional calls.
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:
Forex Calls Recap for 11/16/15
A completely dull night in Forex. One stop out in the GBPUSD, see that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A and stopped:
Stock Picks Recap for 11/13/15
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, CERN triggered short (without market support due to opening 5 minutes) and worked great:
CREE, COLM, and TASR gapped under, no plays.
From the Messenger/Tradesight_st Twitter Feed, Rich's TQQQ triggered long (without market support due to opening 5 minutes) and didn't work:
Mark's ILMN triggered long (without market support) and worked:
Rich's WYNN triggered short (with market support) and didn't work:
His APC triggered long (without market support) and worked great:
His PRGO triggered long (without market support) and worked enough for a partial:
His FB triggered short (with market support) and worked:
His MNK triggered short (with market support) and didn't work:
In total, that's only 3 trades triggering with market support, 1 of them worked, 2 did not. First day under 50% in a long time, but there wasn't much to it.
Futures Calls Recap for 11/13/15
Markets gapped down, headfaked a move up to fill, and then rolled to the downside for the first hour and that was most of the move for the session on 1.7 billion NASDAQ shares. The Opening Range plays triggered one way and didn't work and another and did. We had a separate ES call that worked. See those sections below.
Net ticks: +12.5 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, triggered short at B and did:
NQ Opening Range Play triggered long at A and didn't work, triggered short at B and did:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered short at 2031.00, hit first target for 6 ticks, lowered stop a few times and stopped the second half at 2026.25 for 19 ticks:
Forex Calls Recap for 11/13/15
Another dull session to wrap a boring week in Forex. One stop out that worked later in the EURUSD. 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.
EURUSD:
Triggered short at A and stopped just barely at B. If you were awake to put it back in, it triggered at C and hit first target at D, but it was a little early for me before I got up:
Stock Picks Recap for 11/12/15
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, CREE triggered short (with market support) and didn't have enough time left to do anything either way:
FIVE triggered short (with market support) and didn't work:
LULU triggered short (without market support due to opening 5 minutes) and worked enough for a partial if you took it (which you shouldn't have):
From the Messenger/Tradesight_st Twitter Feed, Rich's GOOG triggered short (without market support due to opening 5 minutes) and worked a little, but again, probably not to be taken that early:
Mark's BA triggered short (with market support) and worked enough for a partial:
Rich's AMZN triggered short (with market support) and worked enough for a partial, although this triggered hours later than the original call that was made near the open:
His PANW triggered long (with market support) and worked:
His GPRO triggered short (with market support) and worked:
His IBM triggered short (without market support) and didn't work:
His AAP triggered short (with market support) and worked:
His APA triggered long (without market support) and worked:
His MNK triggered short (with market support) and worked:
His IBB triggered short (ETF, so no market support needed) and worked:
BMRN triggered short (with market support) and worked:
In total, that's 9 trades triggering with market support, 8 of them worked, 1 did not. 1 other triggered too late and ran out of time.
Futures Calls Recap for 11/12/15
Probably the worst futures trading day in a long time. One loss on a call and the Opening Range plays didn't work.
Net ticks: -7 ticks.
A small gap down in the markets and some mixed action between the ES and NQ. Eventually, the NQ filled but the ES did not. We closed near lows on 1.6 billion NASDAQ shares.
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 short at A, hit a partial only:
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 long at A at 4629.00 and didn't work. I did not put it back in, but it would have worked the second time:
