Stock Picks Recap for 9/20/16
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, HALO triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's NTES triggered short (with market support) and didn't work:
His IBB triggered long (ETF, so no market support needed) and worked:
GS triggered short (with market support) and ultimately worked:
In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.
Futures Calls Recap for 9/20/16
Pretty much as you would expect as we dig into waiting for the Fed. Gapped up and took most of the day to fill on 1.5 billion NASDAQ shares. We were sitting mid-range right into the last few minutes and then slipped down for the close.
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 long at A and stopped. Triggered short at B and worked enough for a partial:
NQ Opening Range Play triggered long at A and just barely stopped unfortunately:
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 short at A at 4803.00 and worked enough for a 6 tick partial and stopped the second half over the entry:
Forex Calls Recap for 9/20/16
Another dull session. EURUSD range would have been about 40 pips except it leapt up on a spike that triggered our trade and then settled back. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A and stopped:
Stock Picks Recap for 9/16/16
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, PRTA triggered long (with market support) and worked great:
NVDA gapped up and opened at the trigger, no play.
CARA triggered long (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, Rich's SWKS triggered long (with market support) and worked:
CELG triggered long (with market support) and didn't do enough to count either way:
Rich's FB triggered long (with market support) and didn't work:
In total, that's 5 trades triggering with market support, 3 of them worked, 2 did not.
Futures Calls Recap for 9/16/16
The markets gapped up and went higher early, then dropped a couple of times on rumors of bombs in New York. The end of the day was dull and we traded 1.6 billion NASDAQ shares. The S&P literally closed -0.04.
Net ticks: +16.5 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:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 9/19/16
Back to a dull session in Forex, with the EURUSD barely moving all day. We had a trigger in 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 and stopped:
Stock Picks Recap for 9/16/16
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, Mark's TWTR triggered long (without market support) and didn't work:
Rich's NTES triggered long (without market support) and worked:
His AAPL triggered short (with market support) and didn't work:
In total, that's 1 trade triggering with market support, it did not work.
Futures Calls Recap for 9/16/16
Pretty much as expected for triple expiration. We gapped down, which is fine, traded a lot of volume early for nothing, and stuck in a 10-point ES range until late in the session when we tried to break out and fill the gap but still went nowhere. NASDAQ volume was 2.6 billion shares. Opening Ranges were mixed, and one other trade ran out of time. See ES section below.
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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short at A and stopped:
NQ Opening Range Play triggered short at A and stopped because we used the midpoint or else it would have worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered long at A at 2133.00 and never went to first target or stop, closed for 2 ticks for end of session:
Forex Calls Recap for 9/16/16
A surprisingly nice winner for the end of the week despite triple expiration. See 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.
GBPUSD:
If you stagger your orders like we teach, you may have had 1/3rd of the long trigger early and stopped, then the short triggered at A, hit first target at B, and closed the rest for end of week +175 pips at C:
Stock Picks Recap for 9/15/16
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, LSCC triggered (with market support) and worked:
SGYP triggered long (without market support due to opening 5 minutes) and worked:
PYPL triggered long (with market support) and worked:
IRWD triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Mark's XLNX triggered long (with market support) and worked:
His SWKS triggered long (with market support) and worked great:
His SINA triggered long (with market support) and didn't work initially, worked later:
Rich's AERI triggered short (without market support) and worked:
His FB triggered short (without market support) and didn't work:
His WFC triggered long (with market support) and worked enough for a partial:
His VXX triggered short (ETF, so no market support needed) and worked enough for a partial:
In total, that's 8 trades triggering with market support, 7 of them worked, 1 did not.