Futures Calls Recap for 10/13/16
The markets gapped down and ultimately pushed lower a bit, then spent the whole day crawling back up to almost fill the gaps on 1.55 billion NASDAQ shares. Opening Range plays were exactly a wash and another trade didn't work.
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 long at A and stopped, triggered short at B and worked:
NQ Opening Range Play triggered short at A and worked, just barely stopped the second half out in the money a little before it went and ran much further:
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.
My call triggered long at A at 4784.00 and stopped heading into lunch, then ended up working a little while later without me.
Forex Calls Recap for 10/13/16
A winner and a loser for the session. See GBPUSD section below.
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, second half stopped. Triggered long at C and stopped. Would have worked to take it again, but that would have been too late in the day:
Stock Picks Recap for 10/12/16
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, FTNT triggered long (without market support) and worked:
Rich's CAT triggered short (with market support) and didn't work:
TEVA triggered short (just as market support went red) and worked enough for a partial:
Rich's AAPL triggered short (with market support) and didn't work:
His BIIB triggered short (without market support) and didn't go enough in either direction to count for a stock that price:
In total, that's 3 trades triggering with market support, 1 of them worked, 2 did not.
Futures Calls Recap for 10/12/16
Yom Kippur slowed things down again a bit here. The markets gapped down a little and pushed lower, then came back to fill the gaps, but that was about it for the day on 1.4 billion NASDAQ shares. Fortunately, the Opening Range plays still worked great.
Net ticks: +19 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 barely touched a level:
Forex Calls Recap for 10/12/16
A winner that triggered a little earlier than usual in the GBPUSD. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A early, hit first target at B, closed second half in the morning under the entry:
Stock Picks Recap for 10/11/16
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, INOV triggered short (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, VRSN triggered short (with market support) and we will say it didn't work because it went $0.26 against the trigger:
BIDU triggered short (with market support) and worked:
Rich's NFLX triggered short (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 10/11/16
The markets gapped down a little and kept going, although we came back up late in the session to close at the midpoint. NASDAQ volume was an improved-but-still-not-great 1.65 billion shares.
Net ticks: +28.5 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 great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 10/11/16
A winner 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 under S1, hit first target at B, closed second half over the entry in the morning at C, which was a bummer because then it worked better:
Stock Picks Recap for 10/10/16
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, BABA triggered long (with market support) and worked great:
In total, that's 1 trade triggering with market support, and it worked.
Futures Calls Recap for 10/10/16
The markets gapped up and were dead flat all day as expected for the Columbus Day "bank but not the stock market" Holiday. NASDAQ volume was 1.2 billion shares.
Net ticks: +4 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 I closed it two ticks in the money once it seemed clear that the markets were as dead as we expected:
NQ Opening Range Play triggered long at A and I closed it two ticks in the money once it seemed clear that the markets were as dead as we expected:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
