Stock Picks Recap for 6/3/15
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, GOGO triggered long (with market support) and worked:
COMM triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's SINA triggered long (without market support) and worked:
His AAPL triggered short (with market support) and worked enough for the gap fill:
Mark's LNKD triggered long (with market support) and worked:
Rich's FB triggered long (with market support) and worked:
GILD triggered long (with market support) and didn't work:
Rich's TBT triggered short (ETF, so no market support needed) and didn't work:
In total, that's 7 trades triggering with market support, 5 of them worked, 2 did not.
Futures Calls Recap for 6/3/15
A better morning but not much after. Opening Range Plays worked again. We had an NQ trade that was meant for a morning trigger and I forgot about it when it came back much later in the day, so we will count it. See that section below.
Net ticks: -7 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:
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.
Call triggered short at 4513.50 at A and stopped. This was meant for a trigger earlier after the market set that level and not for lunchtime:
Forex Calls Recap for 6/3/15
A mixed result trade for the session. See the EURUSD below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Using our order staggering technique, one leg of the trade triggered short at A and stopped, then the rest triggered at B, hit first target at C, and stopped the second half:
Stock Picks Recap for 6/2/15
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, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Mark's SHAK triggered long (without market support) and worked:
AMGN triggered short (with market support) and worked enough for a partial:
Rich's AAPL triggered long (with market support) and worked:
His FB triggered long (with market support) and worked:
In total, that's 3 trades triggering with market support, all 3 of them worked.
Futures Calls Recap for 6/2/15
A nice day for futures with winners in the Opening Range plays plus two more trade calls that worked on the ES. The markets gapped down, pushed lower, then reversed to fill the gap and push even higher over lunch, and then retraced to the VWAP area for the close again on 1.5 billion NASDAQ shares.
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 short at A and worked:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My first call triggered long at A at 2105.00, hit first target for 6 ticks, stopped second half under the entry. Then later, the short call triggered at B at 2112.50, hit first target for 6 ticks, lowered stop a few times and stopped final piece 14 ticks in the money:
Forex Calls Recap for 6/2/15
Well that was a bummer. Our EURUSD long triggered and just barely stopped out before turning around and running 200 pips. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A, stopped at B, and then ran 200 pips:
Futures Calls Recap for 6/1/15
The markets gapped up, filled the gaps and went a little lower, gave us great Opening Range Plays combined with a textbook Value Area play on the ES. I added one additional regular call on the ES that worked a little, but the real winnings were in the Opening Range plays yet again. See those sections below. NASDAQ volume closed at 1.7 billion shares.
Net ticks: +2.5 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 great:
NQ Opening Range Play triggered short at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered short at A at 2103.25, hit first target for 6 ticks, and stopped the second half over the entry:
Forex Calls Recap for 6/1/15
Looking at the setups Sunday, the Levels were all too bunched together from Friday's narrow action. I didn't see enough spacing anywhere to make good calls, so I didn't for the first time in a while. Ranges were a little better this session, so we should be back on track for Monday night. Note there was still an excellent opportunity on the EURUSD with the Comber at the highs.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Comber 13 sell signal at the highs:
Stock Picks Recap for 5/29/15
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, ALGN gapped over the trigger, no play.
LTRPA triggered short (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's AAPL triggered short (with market support) and worked:
NFLX triggered long (without market support) and worked:
Rich's WDAY triggered long (without market support) and worked:
In total, that's 2 trades triggering with market support, 1 of them worked, 1 did not, and some others worked a bit.