Futures Calls Recap for 10/4/13
Another nice trade to close out the week on the NQ. See that section below. It ended up working even better, but we got stopped out raising the stop in the money.
Net ticks: +8 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 long at A at 3214.00, hit first target for 6 ticks, stopped second half at 3219.00 after raising the stop:
Futures Calls Recap for 10/4/13
Another nice trade to close out the week on the NQ. See that section below. It ended up working even better, but we got stopped out raising the stop in the money.
Net ticks: +8 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 long at A at 3214.00, hit first target for 6 ticks, stopped second half at 3219.00 after raising the stop:
Forex Calls Recap for 10/4/13
Another winner to close out the week after a lot of indecision early. See EURUSD section 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. There remains nothing special to see on the daily charts of the pairs in terms of Seeker/Comber signals or chart patterns pending a breakout/down. We remain half size through the Federal shutdown. The GBPUSD is the only one close to a signal.
EURUSD:
Triggered short at A, took forever to do anything either way, finally made a move to the first target at B, and closed the second half at C for end of week:
Stock Picks Recap for 10/3/13
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, AEGR triggered long (without market support) and worked enough for a partial:
SPWR and HIMX gapped over, no plays.
From the Messenger/Tradesight_st Twitter Feed, Rich's SINA triggered long (with market support) and didn't work:
AAPL triggered long (with market support) and didn't work (although the call was late getting in and already triggered):
Rich's GDX triggered long (ETF, so no market support needed) and didn't work:
His GS triggered short (with market support) and worked:
His V triggered short (with market support) and worked:
His NFLX (which I also posted) triggered short (with market support) and worked:
His FSLR triggered long (without market support) and didn't work:
His VXX triggered long (ETF, so no market support needed) and worked enough for a partial, but was on the shooting):
His PRTA triggered short (with market support) and didn't work:
In total, that's 8 trades triggering with market support, 4 of them worked, 4 did not.
Stock Picks Recap for 10/3/13
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, AEGR triggered long (without market support) and worked enough for a partial:
SPWR and HIMX gapped over, no plays.
From the Messenger/Tradesight_st Twitter Feed, Rich's SINA triggered long (with market support) and didn't work:
AAPL triggered long (with market support) and didn't work (although the call was late getting in and already triggered):
Rich's GDX triggered long (ETF, so no market support needed) and didn't work:
His GS triggered short (with market support) and worked:
His V triggered short (with market support) and worked:
His NFLX (which I also posted) triggered short (with market support) and worked:
His FSLR triggered long (without market support) and didn't work:
His VXX triggered long (ETF, so no market support needed) and worked enough for a partial, but was on the shooting):
His PRTA triggered short (with market support) and didn't work:
In total, that's 8 trades triggering with market support, 4 of them worked, 4 did not.
Futures Calls Recap for 10/3/13
Ended up with a winner on the NQs that triggered on the shooting at the Capitol, but I couldn't get an early trade idea in fast enough, so that was all we got for the day. See that section below. NASDAQ volume closed at 1.7 billion shares.
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 3207.00, hit first target quickly for 6 ticks, and within another couple of minutes was already heading back up as the news proved to be very little. Stopped the second half over the entry:
Futures Calls Recap for 10/3/13
Ended up with a winner on the NQs that triggered on the shooting at the Capitol, but I couldn't get an early trade idea in fast enough, so that was all we got for the day. See that section below. NASDAQ volume closed at 1.7 billion shares.
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 3207.00, hit first target quickly for 6 ticks, and within another couple of minutes was already heading back up as the news proved to be very little. Stopped the second half over the entry:
Forex Calls Recap for 10/3/13
A boring session again, this one with a stop out. See EURUSD below. There was also a nice setup in the GBPUSD under our teachings. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Set the trigger but didn't even break it by a full pip at A, triggered at B and stopped at C. It actually triggered again later, but I called off taking it again. Typically, that retrigger was early enough that we would take it, but with the junk going on with the government shutdown, I don't see a reason to take late retriggers. It didn't end up going anywhere anyway:
Stock Picks Recap for 10/2/13
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, IMMU gapped slightly over the trigger.
From the Messenger/Tradesight_st Twitter Feed, Rich's TSLA triggered long (with market support) and worked for a couple of points (before rolling over badly):
Mark's SNDK triggered long (with market support) and worked:
Rich's HLF triggered short (with market support) and worked:
In total, that's 3 trades triggering with market support, all 3 of them worked.
Stock Picks Recap for 10/2/13
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, IMMU gapped slightly over the trigger.
From the Messenger/Tradesight_st Twitter Feed, Rich's TSLA triggered long (with market support) and worked for a couple of points (before rolling over badly):
Mark's SNDK triggered long (with market support) and worked:
Rich's HLF triggered short (with market support) and worked:
In total, that's 3 trades triggering with market support, all 3 of them worked.