Stock Picks Recap for 1/10/14

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, LGND triggered long (without market support) and worked:

From the Messenger/Tradesight_st Twitter Feed, Rich's GOOG triggered short (with market support) and worked:

His AAPL triggered short (with market support) and worked:

AMZN triggered short (with market support) and worked:

Rich's PCLN triggered short (with market support) and didn't work:

His BIIB triggered short (with market support) and worked:

His GDX triggered long (ETF, so no market support needed) and didn't do enough either way to count:

In total, that's 5 trades triggering with market support, 4 of them worked, 1 did not.


Stock Picks Recap for 1/10/14

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, LGND triggered long (without market support) and worked:

From the Messenger/Tradesight_st Twitter Feed, Rich's GOOG triggered short (with market support) and worked:

His AAPL triggered short (with market support) and worked:

AMZN triggered short (with market support) and worked:

Rich's PCLN triggered short (with market support) and didn't work:

His BIIB triggered short (with market support) and worked:

His GDX triggered long (ETF, so no market support needed) and didn't do enough either way to count:

In total, that's 5 trades triggering with market support, 4 of them worked, 1 did not.


Futures Calls Recap for 1/10/14

One winner that made it to the first target but then swept the stop before proceeding to work well. See NQ section below. NASDAQ volume closed at 2 billion shares again.
Net ticks: +2.5 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:


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 3554.50, hit first target for 6 ticks, stopped second half over entry:


Forex Calls Recap for 1/10/14

A mess for the NFP data, which is why we always downside ahead of it. See EURUSD section below. The second half of the GBPUSD from the other finally stopped in the money. See that section too.
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:
Good reason why we lower size ahead of the Big Three economic numbers each month, even if sometimes it doesn't matter. Triggered short at A, stopped out on the spike on news, which also triggered the long at B that likely stopped. After the news, you can raise size, triggered long at C, hit first target at D, raised stop on the second half and stopped at E:

GBPUSD:
Second half of the trade from the other day finally stopped at A 15 pips in the money:


Forex Calls Recap for 1/10/14

A mess for the NFP data, which is why we always downside ahead of it. See EURUSD section below. The second half of the GBPUSD from the other finally stopped in the money. See that section too.
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:
Good reason why we lower size ahead of the Big Three economic numbers each month, even if sometimes it doesn't matter. Triggered short at A, stopped out on the spike on news, which also triggered the long at B that likely stopped. After the news, you can raise size, triggered long at C, hit first target at D, raised stop on the second half and stopped at E:

GBPUSD:
Second half of the trade from the other day finally stopped at A 15 pips in the money:


Stock Picks Recap for 1/9/14

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, ISIS triggered long (without market support due to opening 5 minutes) and worked huge:

LULU triggered short (with market support) and worked:

From the Messenger/Tradesight_st Twitter Feed, Rich's AAPL triggered short (with market support) and didn't work initially, worked later:

His PCLN triggered short (with market support) and worked:

SHLD triggered short (with market support) and worked:

NTAP triggered long (without market support) and didn't work:

In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.


Stock Picks Recap for 1/9/14

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, ISIS triggered long (without market support due to opening 5 minutes) and worked huge:

LULU triggered short (with market support) and worked:

From the Messenger/Tradesight_st Twitter Feed, Rich's AAPL triggered short (with market support) and didn't work initially, worked later:

His PCLN triggered short (with market support) and worked:

SHLD triggered short (with market support) and worked:

NTAP triggered long (without market support) and didn't work:

In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.


Futures Calls Recap for 1/9/14

One loser (our first of 2014) that really should have been re-entered as it swept the trigger and market volume is back to justify re-entries. See NQ below.
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.
Mark's call triggered short at A at 3567.00 and stopped for 7 ticks. He did not re-enter:


Futures Calls Recap for 1/9/14

One loser (our first of 2014) that really should have been re-entered as it swept the trigger and market volume is back to justify re-entries. See NQ below.
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.
Mark's call triggered short at A at 3567.00 and stopped for 7 ticks. He did not re-enter:


Forex Calls Recap for 1/9/14

A loser in the EURUSD (see section below) and we are still carrying our winner in the GBPUSD from the prior 2 sessions.
Here's a look at the US Dollar Index intraday with our market directional lines:

EURUSD:
Triggered long at A and stopped:

GBPUSD:
Moved the stop up twice on the long from the prior session, currently under yellow line: