Forex Calls Recap for 9/26/16
Another slow night in Forex with the GBPUSD trading in a 60 pip range and the EURUSD in a 50 pip range. See GBPUSD section below. We remain half size while this is going on.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A and stopped:
Stock Picks Recap for 9/23/16
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, SGMS triggered long (on a weird spike, without market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's AMZN triggered short (with market support) and didn't work:
His IMPV triggered long (with market support) and worked:
His CRM triggered short (with market support) and worked:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Futures Calls Recap for 9/23/16
The market gapped down, were dead for the first couple of hours, never filled, and eventually drifted a little lower on 1.6 billion NASDAQ 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:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long and A and stopped, triggered short at B and after almost an hour I closed it for a tick loss:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 9/23/16
In a rare case, I did not make any calls as the Levels were too tightly bunched on everything from the narrow action the day before, and today wasn't much better.
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:
Stock Picks Recap for 9/22/16
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, CORT triggered long (with market support) and worked great:
MTCH triggered long (without market support due to opening 5 minutes) and worked:
CAMP triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's SPY triggered long (ETF, so no market support needed) and did nothing for hours because the market was so flat:
His ISRG triggered long (with market support) and worked:
His SFLY triggered long (with market support) and didn't work:
His GOOGL triggered long (with market support) and worked:
In total, that's 5 trades triggering with market support, 4 of them worked, 1 did not.
Futures Calls Recap for 9/22/16
I was hoping for the better day of the week and instead got the flattest day of the week. Markets gapped up and literally sat dead flat in 1/3rd of average daily range on both futures. Somehow, we managed to pull off winners in the Opening Range plays (see that section below) but that was about it. NASDAQ volume was 1.75 billion, but it sure didn't move much.
Net ticks: +13.5 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 worked enough for a partial:
NQ Opening Range Play triggered long at A and worked (after almost an hour!):
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Nice setup short under UBreak that never triggered:
Forex Calls Recap for 9/22/16
A small winner (so far, still going) on the GBPUSD during another night that was pretty slow. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A, hit first target at B, still holding second half with a stop under R1:
Stock Picks Recap for 9/21/16
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, XLRN gapped over and was also very thin, no play.
QSII triggered short (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's CLVS triggered short (with market support) and didn't work:
His FDX triggered long (with market support) and worked:
Lots of calls in the afternoon, but nothing triggered.
In total, that's 3 trades triggering with market support, 1 of them worked, 2 did not.
Futures Calls Recap for 9/21/16
The markets gapped up and were dead flat for two hours, then came back to fill the NQ gap (but not the ES) over lunch before the Fed. On the announcement, it went up first, then pulled back to where it started, and then finally took off to the upside on 1.8 billion NASDAQ shares.
Net ticks: -3.5 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 ended up closing it for a 4 tick loss after an extended period of time with nothing going on:
NQ Opening Range Play triggered short at A and stopped, triggered long at B and worked:
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.
Triggered long at A at 4831.75, hit first target for 6 ticks, stopped second half 2 ticks under entry which was a bummer because it stopped us exactly out and then ran hard:
Forex Calls Recap for 9/21/16
A boring session again ahead of the Fed. We were using less than half size for that reason. One stop out in the GBPUSD, and then I'm showing the charts with the back and forth whip that happened with the Fed, which is why we don't trade Fed announcements.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A for less than half size ahead of the Fed and stopped:
