Stock Picks Recap for 7/11/19
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, QCOM triggered short (with market support) and worked a little, but late in the day:
In total, that's 1 trade triggering with market support.
Futures Calls Recap for 7/11/19
Waste of a futures trading day as the markets gapped up and eventually filled, then bounced, then rolled, then bounced again on 1.9 billion NASDAQ shares.
Net ticks: -25 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, triggered long at B and stopped under the midpoint:
NQ Opening Range Play triggered long at A but not valid because we were short ES and this wasn't into the gap:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 7/11/19
A winner for the session. See GBPUSD 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, stopped second half under entry:
Stock Picks Recap for 7/10/19
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, INTU gapped over, no play.
SBRA triggered long (with market support) and didn't move enough to count:
CDNA triggered long (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, PYPL triggered long (with market support) and we posted to close it even once we saw the market internals worsening with a bad setup:
Lots of other calls but none triggered.
In total, that's 2 trades triggering with market support, 1 of them worked, 1 didn't do enough to count.
Futures Calls Recap for 7/10/19
The markets gapped up, went higher, then reversed and cracked the lows, never filled the gaps, and the rest of the day was a joke on 2 billion NASDAQ shares.
Net ticks: +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 but technically just a little too much risk to take under the rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered short at A at 2993.50 and stopped in the next minute, so by rule, we put the trade right back in and it triggered again and hit first target and I moved the stop over 2992.00 and stopped:
Forex Calls Recap for 7/10/19
A trigger that we closed slightly in the money after it didn't go anywhere. 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 closed at the end of the chart for end of session:
Stock Picks Recap for 7/9/19
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, SBLK triggered long (with market support) and worked a little:
FB triggered long (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, Rich's CMG triggered long (with market support due to opening 5 minutes) and worked enough for a partial, but hard to get:
His AMZN triggered long (with market support) and worked big:
In total, that's 3 trades triggering with market support, all of them worked.
Futures Calls Recap for 7/9/19
The markets gapped down, came back up to fill, then went dead for hours before running in the last 15 minutes on a weak 1.8 billion NASDAQ shares.
Net ticks: +26 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:
My call triggered long at A at 2973.75, hit first target for 6 ticks, raised the stop twice and stopped 9 ticks in the money on the second half:
Forex Calls Recap for 7/9/19
A small winner (still holding the second half) 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, still holding second half with a stop over S2:
Stock Picks Recap for 7/8/19
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, BMRN triggered short (with market support) and didn't go enough either way to count:
From the Messenger/Tradesight_st Twitter Feed, Rich's AMZN triggered long (with market support) and worked:
In total, that's 2 trades triggering with market support, 1 of them worked, 1 did nothing.