Futures Calls Recap for 7/24/14
A small winner for a very light session. The markets gapped down small and never quite filled the gaps on the ES. NASDAQ volume was only 1.4 billion shares. We await the last three days of core earnings.
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:
Triggered long over the Pivot at 1968.00 at A, hit first target for 6 ticks, stopped second half under the entry:
Forex Calls Recap for 7/24/14
Not much of a session to start the week. The GBPUSD triggered, but it didn't hit the stop or first target, so I closed it eventually. 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 finally closed at B:
Stock Picks Recap for 7/18/14
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, FISV triggered long (with market support) and worked:
NDAQ triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, CELG 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 7/18/14
We gapped up with earnings and then went flat for the first hour for expiration, setting up a narrow range to break either way. We swept twice before finally going to the upside, see ES section below.
Net ticks: -4.5 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:
Nice setup for either direction early, but we swept the long side twice in the first hour before finally going. Triggered long at A at 1961.25, stopped, triggered again at B, stopped, and then triggered at C and worked to first target and closed out at 1964.50 under UPT. Usually would have held and that would have worked great, but with options expiration, I cut it. Too bad it stopped twice first:
Forex Calls Recap for 7/18/14
A winner to close out the week. See the GBPUSD 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. There's nothing useful to see in the daily charts as everything remains flat.
GBPUSD:
Triggered short at A, hit first target at B, stopped second half over entry:
Stock Picks Recap for 7/17/14
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, FISV triggered long (with market support) and we closed it flat when the market rolled:
TRAK triggered short (without market support due to opening 5 minutes) and didn't work, it did trigger later and worked:
CLVS triggered short (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, TSLA triggered short (with market support, very late in the day as opposed to earlier when I called it) and worked a little:
GS triggered long (with market support) and worked enough for a partial, we closed it in the Lab in the money:
Mark's EBAY triggered long (with market support) and worked enough for a partial:
In total, that's 4 trades triggering with market support, all 4 of them worked, FISV not counted as we posted that we closed it flat.
Futures Calls Recap for 7/17/14
One trade worked a little, and another stopped once before working a little on the retrigger. The markets gapped down, filled their gaps, and then stalled and fell, helped by news that a plane was shot down over the Ukraine. NASDAQ volume was 1.8 billion shares. See the NQ and ER sections below. On to options expiration Friday...
Net ticks: +2 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 A at 3918.00, hit first target for 6 ticks, raised stop twice and stopped at 3924.50:
ER:
Triggered long at A at 1146.30 and stopped. Put it back in and triggered long at B, hit first target for 8 ticks, second half stopped under entry:
Forex Calls Recap for 7/17/14
Nothing triggered at all, no movement. See charts below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Stock Picks Recap for 7/16/14
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, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich's CELG triggered short (with market support) and worked:
His IBB triggered short (with market support) and worked:
MYGN triggered short (with market support) and didn't work:
EBAY triggered short (with market support) and didn't work:
In total, that's 4 trades triggering with market support, 2 of them worked, 2 did not.
Futures Calls Recap for 7/16/14
One small winner on a big gap up that came back some but never filled. See the ES section below. NASDAQ volume closed at 1.8 billion, up due to earnings and some acquisition news.
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:
Triggered short at A at 1972.00, hit first target for 6 ticks, stopped second half over the entry:
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.
