Forex Calls Recap for 9/12/16
A partial stop out and a winner for the session, which was pretty narrow overall. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
If you follow our order staggering rules, part of the trade triggered at A (and hit the same at B), then stopped. The rest of the trade (or all of it if you put those orders back in) triggered at C, hit first target at D, and we are still holding the rest with a stop under R1:
Stock Picks Recap for 9/9/16
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, Rich's LVS triggered long (without market support) and didn't work:
His FB triggered short (with market support) and worked:
His GDX triggered short (ETF, so no market support needed) and worked:
MCHP triggered short (with market support) and worked great:
In total, that's 3 trades triggering with market support, all 3 of them worked, and worked very nicely.
Futures Calls Recap for 9/9/16
The markets gapped down and after a boring first hour, kept going finally. NASDAQ volume was 2 billion shares, so after a disappointing slowness to the first week back from Labor Day, I'm guessing next week is good for us.
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 technically triggered short at A and worked, but sticking with the hard and fast rules, you wouldn't take this because you were already long the NQ and this was not into the gap:
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 9/9/16
A tiny winner in the EURUSD, 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.
EURUSD:
Triggered short at A and finally closed at B:
Stock Picks Recap for 9/8/16
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, SIMO triggered long (without market support due to opening 5 minutes) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's TSCO triggered short (with market support) and didn't work:
His COST triggered short (without market support due to opening 5 minutes) and didn't work:
His FB triggered short (with market support) and worked:
Mark's CELG triggered short (with market support) and didn't work:
Rich's second FB call triggered short (with market support) and didn't work:
BIDU triggered short (with market support) and worked:
In total, that's 5 trades triggering with market support, 2 of them worked, 3 did not.
Futures Calls Recap for 9/8/16
The markets gapped down and pushed a little lower, then the ES tried to reach up and fill the gap but couldn't, and the range for the day was basically set within 90 minutes as the rest of the session was a waste of time and the last few hours were stuck on the VWAPs for both the ES and NQs on 1.65 billion NASDAQ shares. Winners in the Opening Range plays, but a separate loser on the ES, and then I didn't see the point in making more calls. See those sections below.
Net ticks: +8 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, took a while:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered long at A at 2181.50 and just missed first target by a tick, then stopped for 7 ticks:
Forex Calls Recap for 9/8/16
We closed out the second half of the prior day's trade for a nice win and then had two stop outs, although one triggered on a Comber 13 buy signal. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A and stopped. Triggered short at B and stopped, but this was also a Comber 13 buy signal on that exact candle, which is bad timing and ended up being the low of the session:
Stock Picks Recap for 9/7/16
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, ERII triggered long (with market support) and worked:
SONC triggered short (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, Rich's CAT triggered long (with market support) and worked:
GILD triggered long (with market support) and worked enough for a partial (we even called the top in the Lab because of the UPT):
GS triggered long (with market support) and worked enough for a partial:
In total, that's 5 trades triggering with market support, all 5 of them worked.
Futures Calls Recap for 9/7/16
Volume improved slightly again to 1.7 billion NASDAQ shares, but it was still a fairly boring session with the ES stuck in the Value Area for 99% of the day and barely touching other levels (it did use LBreak for a trade setup but didn't go far on that trigger). See Opening Range plays below.
Net ticks: -6.5 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 didn't quite get to the 8 tick target:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 9/7/16
A nice winner (still going) in the GBPUSD to start the week. See that 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, still holding second half with a stop over LPT:
