Forex Calls Recap for 4/22/15
We stopped out of the second half of the prior session's winner just barely before it ran another 150 pips. Meanwhile, we head a few stop outs for the first time in a while on the EURUSD. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A and stopped. Triggered long at B and stopped. Also triggered in the morning at C and closed for end of session:
Stock Picks Recap for 4/21/15
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, MIFI triggered long (without market support) and didn't do enough to count:
From the Messenger/Tradesight_st Twitter Feed, NFLX triggered short (with market support) and worked enough for a partial:
Rich's CELG triggered long (without market support) and worked:
His FB triggered short (with market support) and worked enough for a partial:
His VMW triggered short (with market support) and didn't work:
His APA triggered short (with market support) and worked:
His PANW triggered long (without market support) and didn't work initially, although it worked later:
In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.
Futures Calls Recap for 4/21/15
Nice winners on the Opening Range plays again, especially the ES, but the other call on the NQ led to nothing as the NQ basically flatlined for the session. NASDAQ volume closed at 1.55 billion shares. The ES did fill its gap.
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 eventually worked enough for a partial:
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.
Main call triggered short at A at 4423.00 and stopped:
Forex Calls Recap for 4/21/15
A loser and a winner still going for the session. See the GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A and stopped. Triggered long at B, hit first target at C, still holding second half with a stop under the Pivot:
Stock Picks Recap for 4/20/15
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, VIMC triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Mark's FEYE triggered long (with market support) and worked:
Rich's AAPL triggered short (without market support) and didn't work:
NFLX triggered long (with market support) and worked enough for a partial:
In total, that's 3 trades triggering with market support, all 3 of them worked.
Futures Calls Recap for 4/20/15
No regular calls due to a lack of volume and price action, but once again, the Opening Range plays made us money. See that section below. The markets gapped up and pushed higher once. You can account for the whole range of the day in about 2 5-minute bars. NASDAQ volume was only 1.45 billion shares.
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 long at A and worked:
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 4/20/15
One loser to start the 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 4/17/15
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, MIFI triggered long (without market support) and didn't work:
ROVI triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's BABA triggered short (with market support) and worked:
BIDU triggered short (with market support) and didn't work, although it triggered again and worked later:
Rich's SLB triggered short (with market support) and didn't work:
His TWTR triggered short (with market support) and worked:
His NFLX triggered short (with market support) and worked:
In total, that's 6 trades triggering with market support, 4 of them worked, 2 did not.
Futures Calls Recap for 4/17/15
We got a big gap down in the markets and then pushed a bit lower for 30 minutes, then flattered out for three or more hours, then dipped one more time coming out of lunch. Although a lot of it was the gap, it's interesting to see the markets move so far from the Wednesday/Thursday prices for options expiration. NASDAQ volume closed at 2 billion shares, which looks big compared to the last two weeks, but is really poor for expiration. No official calls, but the Opening Range plays worked great.
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 long at A and worked, triggered short at B a little later and worked:
NQ Opening Range Play triggered long at A and worked, triggered short at B a little later and worked:
ES Tradesight Institutional Range Play only triggered short at A, and worked:
NQ Tradesight Institutional Range Play only triggered short at A and worked:
ES:
Forex Calls Recap for 4/17/15
A winner to close out the week and some very cool technical action after that. See the EURUSD 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 long at A, hit first target at B, second half stopped. Note the way that it came down and exactly hit the Pivot at C (which was our short trigger) but didn't break it: