Forex Calls Recap for 1/28/14
We closed out the prior session's long at a nice gain after a new long triggered and worked a little, and then a short stopped out. Lots of action for nothing.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
The new long triggered at A, hit first target at B, and the second half stopped (whether you were awake to adjust or not). The second half of the prior day's long then stopped at C in the money. The short triggered at D and stopped:
Stock Picks Recap for 1/24/14
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, PRAA triggered short (with market support) and didn't work:
XONE triggered short (without market support due to opening 5 minutes) and worked enough for a partial, then also retriggered and worked:
ALNY triggered short (without market support due to opening 5 minutes) and worked:
IPGP triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, BIDU triggered short (with market support) and worked great:
NTES triggered short (with market support) and didn't work:
TSLA triggered short (with market support) and worked great:
Rich's PCLN triggered short (with market support) and worked great:
His TWTR triggered short (with market support) and worked:
His VXX triggered short (ETF, so no market support needed) and worked:
In total, that's 8 trades triggering with market support, 6 of them worked, 2 did not.
Futures Calls Recap for 1/24/14
A nice clean winner to start the week. See ES section below. NASDAQ volume was a solid 2.2 billion shares.
Net ticks: +12.5 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:
My call triggered short at 1784.25 at A under the opening 30-minute low, hit first target for 6 ticks, and then I lowered the stop twice and stopped at 1779.50 for 19 ticks to final exit:
Forex Calls Recap for 1/28/14
A winner to start the week (still going on the second half). See GBPUSD section below. It's interesting because we spent the whole day in the Value Area on the GBPUSD.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Part of your trade might have triggered at A depending on how you spaced your entries and part might have stopped. I posted to re-enter. Triggered the rest at B, hit first target at C and still going with a stop under the Pivot on the rest:
Stock Picks Recap for 1/24/14
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, ARIA triggered long (just barely without market support) and worked great:
THOR triggered short (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's LNKD triggered long (without market support) and worked:
His NFLX triggered long (without market support) and worked enough for a partial:
SHLD triggered long (with market support) and worked enough for a partial:
HLF triggered short (without market support) and didn't work:
Rich's GOOG triggered short (with market support) and worked:
Nothing else triggered despite several calls.
In total, that's 2 trades triggering with market support, and both worked, but the real trade was ARIA off the report that technically didn't quite have market support.
Stock Picks Recap for 1/24/14
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, ARIA triggered long (just barely without market support) and worked great:
THOR triggered short (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's LNKD triggered long (without market support) and worked:
His NFLX triggered long (without market support) and worked enough for a partial:
SHLD triggered long (with market support) and worked enough for a partial:
HLF triggered short (without market support) and didn't work:
Rich's GOOG triggered short (with market support) and worked:
Nothing else triggered despite several calls.
In total, that's 2 trades triggering with market support, and both worked, but the real trade was ARIA off the report that technically didn't quite have market support.
Futures Calls Recap for 1/24/14
Wrapped up a week of gaps and chop with a loss on the NQ. See that section below. We had three trades this week that we did not re-enter that all would have worked on retriggers.
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:
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 3577.50 and stopped for 7 ticks:
Forex Calls Recap for 1/24/14
We closed out a couple of nice winners in the EURUSD and GBPUSD and then had two new trades trigger and stop out. See those sections 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 (subscribers only).
EURUSD:
New trades triggered long at A and short at B and both stopped. We stopped out of the last piece of the prior day's long at B as well for 90 pips:
GBPUSD:
Stopped out of the second half of the trade from two days ago at A for 95 pips:
Stock Picks Recap for 1/23/14
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, I made an error with the trigger and stop on GTLS in the report, so the wrong trigger triggered (with market support) and stopped (sorry if you used the numbers without checking the chart line as drawn):
I then corrected the trigger, and that triggered (with market support) and worked:
SBGI triggered short (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, Rich's AAPL triggered short (with market support) and worked:
His GDX triggered long (ETF, so no market support needed) and worked:
BIIB triggered short (with market support) and worked:
Rich's TSCO triggered short (with market support) and didn't work:
His AXP triggered short (with market support) and worked:
His NFLX triggered long (without market support) and worked:
CELG triggered short (with market support) and worked enough for a partial:
Rich's DDD triggered short (with market support) and worked enough for a partial:
NTAP triggered long (without market support) and worked:
In total, that's 10 trades triggering with market support, 7 of them worked, 3 did not.
Futures Calls Recap for 1/23/14
A winner and a loser that washed on the ES after it set the S4 level after a big gap down and continuation day, something we don't see much and can be hard to trade with the gap. NASDAQ volume closed at 2 billion shares.
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:
ES:
Mark's call triggered short at A at 1818.00 and stopped for 7 ticks. He entered it again at B, hit first target for 6 ticks, and stopped second half 8 ticks in the money:
