Stock Picks Recap for 6/17/14
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, NTRI triggered long (with market support) and worked enough for a partial:
CSOD triggered long (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's GOOG triggered short (with market support) and worked:
His TSLA triggered long (with market support) and worked:
NTES 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 6/17/14
As expected, a fairly flat session when the CPI didn't do much for the markets and everyone settled into waiting for the Fed announcement (due Wednesday). We had a nice winner coming back though. See ES section below. NASDAQ volume was 1.5 billion shares.
Net ticks: +10.5 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:
Triggered short at A at 1931.75, hit first target for 6 ticks, and closed the final piece at 1928.00 for 15 ticks as the markets settled back on the VWAP ahead of the Fed:
Forex Calls Recap for 6/17/14
We had a small winner for the session as we closed out a EURUSD trade slightly in the money after hours of not much happening. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A and closed at B when nothing much happened:
Stock Picks Recap for 6/16/14
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, FTNT triggered long (with market support) and worked:
SMCI triggered long (with market support) and worked:
SUPN triggered long (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, MYGN triggered long (with market support) and worked:
Rich's SNDK triggered long (with market support) and worked:
TWTR triggered long (with market support) and worked enough for a partial:
Rich's had an additional call in SMCI intraday that triggered long (without market support) and worked:
His KORS triggered short (without market support) and worked a little:
His TSLA triggered long (with market support) and worked:
In total, that's 7 trades triggering with market support, 6 of them worked, 1 did not.
Futures Calls Recap for 6/16/14
A clean winner (although it took longer than I like to see) in the ES for the session, and then the market basically stuck in the opening hour's range on a weak 1.4 billion NASDAQ shares.
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:
Triggered long at A at 1930.00, hit first target for 6 ticks, raised the stop twice and stopped the second half under R1 for 8 ticks:
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.
Forex Calls Recap for 6/16/14
Another narrow night with one stop out. See GBPUSD below, but also EURUSD for the trade that exactly set our entry level.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Our trigger was to short under S1, and it bounced off of it exactly, so we had the right point:
GBPUSD:
Triggered long at A and stopped:
Stock Picks Recap for 6/13/14
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 TQQQ triggered short (ETF, so no market support needed) and worked:
His GLD triggered long (ETF, so no market support needed) and worked:
His AAPL call triggered short (without market support) and didn't work:
His VXX triggered long (ETF, so no market support needed) and didn't work:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Futures Calls Recap for 6/13/14
Wasn't expecting much for clean action on the first full day of volume on the September contracts. Got stopped once and another trade hit the first target and that was it. See ER section below. Note how the ES exactly got in sync with the Value Area of the new September contract.
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:
ER:
Triggered short at A at 1154.80 and stopped. Didn't put it back in, but the retrigger would have worked. Triggered long at B at 1158.20, hit first target for 8 ticks, and stopped second half under entry:
Forex Calls Recap for 6/13/14
The GBPUSD spiked early in the session (like Thursday afternoon), which messed up the starting point of the pair. One loser for the session (see GBPUSD below) and that was it.
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:
Triggered long at A and stopped:
Stock Picks Recap for 6/12/14
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, ATVI triggered long (without market support due to opening 5 minutes) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's AAPL triggered short (with market support) and worked:
His GOOG triggered short (with market support) and worked:
NFLX triggered short (with market support) and didn't work:
Rich's VXX triggered long (ETF, so no market support needed) and worked enough for a partial:
In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.