Forex Calls Recap for 7/30/14
Another winner in the GBPUSD, although nothing major. The markets didn't care much about the Fed or GDP, frankly. See GBPUSD section below. Tomorrow is end of month.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A, hit first target at B, moved stop and closed over entry at C:
Stock Picks Recap for 7/29/14
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.
An interesting session for the calls. Little more work than usual, but things worked out.
From the report, MDCO triggered short (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, AMGN triggered long (with market support) and worked:
Mark's SWC triggered long (without market support) and held in the money, but never by more than ten cents:
SINA triggered long (without market support) and didn't work:
I put the call back in the Messenger for SINA, and it triggered (with market support) over lunch and worked if you were interested:
TEVA triggered long (with market support), posted to close in the Messenger just above the trigger at A after it didn't go anywhere with the market, didn't do anything either way:
BIDU triggered short (without market support) and didn't work:
It was a nice enough setup, so like SINA, I put the BIDU call in again under the lows, and it triggered (with market support) in the afternoon and worked:
In total, that's 4 trades triggering with market support, all 4 of them worked, but we had to post re-entries to win those because several triggered first WITHOUT market support.
Futures Calls Recap for 7/29/14
We had a small winner in the ES as the markets gapped up, tried to fill early and then bounced, looked ready to slow down for the Fed, and then the markets dropped early in the lunch hour with news out of Ukraine. We also slipped lower in the afternoon.
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:
ES triggered short at A at 1975.00, hit first target for 6 ticks, and stopped second half over entry:
Forex Calls Recap for 7/29/14
We came into the session with the Levels barely showing much room between them on most of the pairs due to the poor session the prior day. Still, we ended up with a clean trigger on the GBPUSD. See that section below. Fed announcement tomorrow.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A, never hit first target, closed 10 pips in the money at B:
Stock Picks Recap for 7/28/14
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, NTAP triggered long (with market support) and worked:
MDCO triggered short (with market support) and didn't work:
THRX triggered short (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's LVS triggered long (without market support) and didn't work:
His CAT triggered short (with market support) and worked great:
LNKD triggered short (with market support) and didn't work:
SNDK triggered short (with market support) and didn't work:
FB triggered short (with market support) and worked:
Lots of other calls, nothing triggered.
In total, that's 6 trades triggering with market support, 3 of them worked, 3 did not.
Futures Results for 7/28/14
A clean trigger on the ES breaking under the Value Area. See that section below. The markets opened flat, headed lower on light volume, and then surprisingly came all the way back and made highs before stalling out over lunch and (again) having a dull afternoon. NASDAQ volume closed at 1.55 billion shares.
Net ticks: +8.5 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:
Triggered short at A at 1970.00, hit first target for 6 ticks, lowered stop twice and stopped at 1967.25:
Forex Calls Recap for 7/28/14
Absolutely nothing triggered as the EURUSD stuck in a miserable 30 pips of range.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Stock Picks Recap for 7/25/14
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, IMGN triggered short (without market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, Rich's BIDU triggered short (with market support) and worked for a couple of points:
TSLA triggered long (without market support) and didn't work (triggered later with market support and worked if you were interested):
AMGN triggered long (with market support) and didn't work:
Rich's CREE triggered short (with market support) and didn't work:
His Z triggered long (without market support) and worked:
His GOOGL triggered short (with market support) and didn't work:
In total, that's 4 trades triggering with market support, 1 of them worked, 3 did not.
Futures Calls Recap for 7/25/14
Pulled a little winner out of a less-than-eventful summer Friday session. The afternoon was junk. NASDAQ volume was 1.5 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:
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.
Triggered long at 3956.50 at A, hit first target for 6 ticks, moved stop under the entry and stopped out:
Forex Calls Recap for 7/25/14
Nothing new triggered for the session, but we closed out the second half of the GBPUSD short from the prior session in the money. 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. Not much to see on the charts.
GBPUSD:
We came into the session short from the prior day and stopped out in the money at A. Our new calls didn't trigger:
