Futures Calls Recap for 3/5/15
A much slower session than the last few days as volume dropped off quite a bit early, even though it ended up closing at 1.8 billion NASDAQ shares in the end. The markets filled their gaps early and stuck to the VWAP/midpoint area after.
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 enough for a partial, triggered long at B and didn't work:
NQ Opening Range Play triggered short at A and didn't work, triggered long at B and did:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
A nice setup against the R1 level triggered long at A and failed, we did not re-enter because of the volume problem:
Forex Calls Recap for 3/5/15
Closed out the second half of the prior day's trade in the money and had another new trade that was a winner that is still going. 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 gave you another chance later), hit first target at B, still holding second half:
Stock Picks Recap for 3/4/15
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, MACK triggered long (with market support) and didn't do a darn thing for hours:
AMBA gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's FB triggered long (without market support due to opening 5 minutes) and didn't work:
His BABA triggered long (without market support) and worked:
NFLX triggered short (with market support) and almost worked enough for a point partial:
SHLD triggered long (without market support) and worked enough for a partial:
Mark's GILD triggered long (with market support) and worked:
In total, that's 3 trades triggering with market support, 1 of them worked, 2 did not. Ironically, the stuff without market support had a better day, which is unusual.
Futures Calls Recap for 3/4/15
Another big day for us using the Opening Range plays. That was all we needed for the morning, and then a trade call in the afternoon didn't trigger heading into the gap as the markets got stuck on the VWAP. NASDAQ volume closed at 1.8 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 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:
Forex Calls Recap for 3/4/15
A nice session as the US Dollar broke out of the base that we discussed in last night's market comments. We have a winner in the EURUSD that is still going. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A, hit first target at B, still holding second half with a stop at C:
Stock Picks Recap for 3/3/15
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, no triggers.
From the Messenger/Tradesight_st Twitter Feed, Rich's BABA triggered short (with market support) and worked:
His SYNA triggered short (with market support) and worked:
His LL triggered long (without market support) and didn't work the first time, worked later:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 3/3/15
The Opening Range plays were a little different today, and we had a regular call winner in the ES. See those sections below. The markets gapped down and didn't will, pushing lower and recovering back to the VWAP in the second half on 1.8 billion NASDAQ shares.
Net ticks: +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. I didn't take the short at B because the bar closed so far away from the Opening Range Low Boundary, but it worked:
NQ Opening Range Play triggered long at A and didn't work. Triggered short at B and did:
ES Tradesight Institutional Range Play triggered short at A and worked:
NQ Tradesight Institutional Range Play triggered short at A and worked:
ES:
Triggered short at A at 2105.00, hit first target for 6 ticks, stopped second half for 4 ticks:
Forex Calls Recap for 3/3/15
Another unexciting session in Forex. We closed the second half of the prior day's play in the money and then stopped out of a new trade. See GBPUSD below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A overnight and eventually stopped at B. Triggered long in the morning again at C and never did anything, eventually just closed it at D for end of session:
Stock Picks Recap for 3/2/15
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, no calls.
From the Messenger/Tradesight_st Twitter Feed, Rich's TSLA triggered short (without market support due to opening 5 minutes) and worked:
His ARCP triggered short (with market support) and worked eventually if you wanted to stick with it:
His YHOO triggered short (with market support) and worked:
GOOG triggered long (with market support) and worked:
Rich's CRM 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 3/2/15
Made so much money on the Opening Range plays that there wasn't much point in making additional calls by the time those played out. See that section below. We don't count those officially.
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 great:
NQ Opening Range Play triggered long at A and worked great:
ES Tradesight Institutional Range Play triggered long at A and worked, but there might not have been a point to taking it when we were already in the Opening Range play that was working so well:
NQ Tradesight Institutional Range Play triggered long at A and worked, but there might not have been a point to taking it when we were already in the Opening Range play that was working so well:
ES:
