Futures Calls Recap for 3/11/14
A dull morning that gapped up and filled the gap early and that was it, but the markets sold off in the afternoon.
Net ticks: +6 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:
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 short at A at 3710.50, hit first target for 6 ticks and closed the second half at the same price as it filled the gap there:
Forex Calls Recap for 3/11/14
Wow. No triggers for the session as the GBPUSD was stuck in a 50 pip range that never hit either way. I'm posting the charts as usual, but this is pretty flat.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Stock Picks Recap for 3/10/14
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, NXST triggered short (without market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's TSLA triggered short (with market support) and worked:
His SFUN triggered short (with market support) and worked:
His AMZN triggered short (with market support) and worked:
His BIIB triggered long (with market support) and worked:
His PCLN triggered short (with market support) and didn't work:
There were a lot more calls, but nothing triggered.
In total, that's 5 trades triggering with market support, 4 of them worked, 1 did not.
Futures Calls Recap for 3/10/14
A dull session that went nowhere again. No calls anyway because nothing set a level in narrow range.
Net ticks: +0 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:
Forex Calls Recap for 3/10/14
An impossibly dull session in the EURUSD, trading about 40 pips of range total. Wow. See that section below for our trigger. The GBPUSD was the one that at least moved a little.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A and literally did nothing for the whole session, although it stopped at B:
Forex Calls Recap for 3/10/14
An impossibly dull session in the EURUSD, trading about 40 pips of range total. Wow. See that section below for our trigger. The GBPUSD was the one that at least moved a little.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A and literally did nothing for the whole session, although it stopped at B:
Stock Picks Recap for 3/7/14
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, MITL triggered long (without market support due to opening 5 minutes) and didn't work, triggered more cleanly later and worked:
NTAP triggered short (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's JASO triggered long (without market support due to opening 5 minutes) and didn't work:
His ALXN triggered short (without market support due to opening 5 minutes) and worked great:
His CF triggered long (without market support due to opening 5 minutes) and worked:
His BIIB triggered short (with market support) and worked:
NFLX triggered short (with market support) and didn't work:
NTAP triggered short (with market support) and worked. This was a new call after the trigger off of the report swept:
GS triggered short (with market support) and didn't work:
Nothing else triggered.
In total, that's 5 trades triggering with market support, 2 of them worked, 3 did not.
Stock Picks Recap for 3/7/14
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, MITL triggered long (without market support due to opening 5 minutes) and didn't work, triggered more cleanly later and worked:
NTAP triggered short (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's JASO triggered long (without market support due to opening 5 minutes) and didn't work:
His ALXN triggered short (without market support due to opening 5 minutes) and worked great:
His CF triggered long (without market support due to opening 5 minutes) and worked:
His BIIB triggered short (with market support) and worked:
NFLX triggered short (with market support) and didn't work:
NTAP triggered short (with market support) and worked. This was a new call after the trigger off of the report swept:
GS triggered short (with market support) and didn't work:
Nothing else triggered.
In total, that's 5 trades triggering with market support, 2 of them worked, 3 did not.
Futures Calls Recap for 3/7/14
A nice winner on the ES early and that was all we called, although there was certainly more to do. See that section below. The markets gapped up, filled, headed lower, and then came back to the VWAP over lunch and closed on 1.9 billion NASDAQ shares.
Net ticks: +7.5 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 1878.00, hit first target for 6 ticks, and stopped second half at 1875.75 for 9:
Futures Calls Recap for 3/7/14
A nice winner on the ES early and that was all we called, although there was certainly more to do. See that section below. The markets gapped up, filled, headed lower, and then came back to the VWAP over lunch and closed on 1.9 billion NASDAQ shares.
Net ticks: +7.5 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 1878.00, hit first target for 6 ticks, and stopped second half at 1875.75 for 9: