Futures Calls Recap for 10/29/13
Another small winner, which is about all we can hope for in narrow-ranged activity. Can't get follow-through when there is none. NASDAQ volume closed at a slightly improved 1.8 billion shares while we wait for all of the key data and the Fed tomorrow. See ES section below.
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:
ES:
Triggered short at A at 1760.75, hit first target for 6 ticks, and stopped second half over entry:
Futures Calls Recap for 10/29/13
Another small winner, which is about all we can hope for in narrow-ranged activity. Can't get follow-through when there is none. NASDAQ volume closed at a slightly improved 1.8 billion shares while we wait for all of the key data and the Fed tomorrow. See ES section below.
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:
ES:
Triggered short at A at 1760.75, hit first target for 6 ticks, and stopped second half over entry:
Forex Calls Recap for 10/29/13
Another session with almost no triggers overnight, and then two triggers finally in the US session. See EURUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
After a painfully narrow overnight, the EURUSD triggered long at A and stopped, then ran down (it looks like a big move, but it's only 60 pips) and triggered short at B. I closed at C slightly in the money for end of session:
Forex Calls Recap for 10/29/13
Another session with almost no triggers overnight, and then two triggers finally in the US session. See EURUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
After a painfully narrow overnight, the EURUSD triggered long at A and stopped, then ran down (it looks like a big move, but it's only 60 pips) and triggered short at B. I closed at C slightly in the money for end of session:
Stock Picks Recap for 10/28/13
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, DYAX triggered long (with market support) and worked:
MNST gapped over the trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, TSLA triggered short (with market support) and worked:
Rich's CF triggered long (with market support) and worked:
His BIDU triggered long (with market support) and worked enough for a partial:
His GOOG triggered long (with market support) and worked:
AMGN triggered long (just barely without market support) and worked:
EBAY triggered long (with market support) and worked enough for a partial:
In total, that's 6 trades triggering with market support, all 6 of them worked.
Futures Calls Recap for 10/28/13
A small winner on the NQ and that was it (the ES trade never triggered) as the market settled into lower volume (1.6 billion NASDAQ shares) than we saw last week ahead of the 2-day Fed meeting and lots of key data due Wednesday. Range overall was narrow. See the NQ section below.
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 3368.00 breaking under the Value Area and LPT. Hit first target for 6 ticks, stopped second half over the entry:
Futures Calls Recap for 10/28/13
A small winner on the NQ and that was it (the ES trade never triggered) as the market settled into lower volume (1.6 billion NASDAQ shares) than we saw last week ahead of the 2-day Fed meeting and lots of key data due Wednesday. Range overall was narrow. See the NQ section below.
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 3368.00 breaking under the Value Area and LPT. Hit first target for 6 ticks, stopped second half over the entry:
Forex Calls Recap for 10/28/13
Another day with ranges so poor that neither of our calls on the EURUSD triggered (it was stuck in a 45 pip range). See all charts below. There was a nice bounce on the GBPUSD from a Comber buy signal on the 5 minute chart.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Forex Calls Recap for 10/28/13
Another day with ranges so poor that neither of our calls on the EURUSD triggered (it was stuck in a 45 pip range). See all charts below. There was a nice bounce on the GBPUSD from a Comber buy signal on the 5 minute chart.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Stock Picks Recap for 10/25/13
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 again (very weird).
From the Messenger/Tradesight_st Twitter Feed, Rich's AMZN triggered short (without market support) and didn't work:
NFLX triggered long (with market support) and didn't work:
Rich's QCOR triggered short (with market support) and worked enough for a partial:
His VMW triggered short (with market support) and didn't work:
Nothing else triggered in a boring session.
In total, that's 3 trades triggering with market support, 1 of them worked, 2 did not.