Forex Calls Recap for 9/25/13
A small winner in another slow session. See GBPUSD below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A overnight, never really got moving, never stopped, finally closed at B for 25 pips:
Stock Picks Recap for 9/24/13
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.
A unique day where some of the bigger winners were triggers without market support but with great patterns.
From the report, BIDU triggered long (without market support, but we still told everyone in the Lab to take smaller size) and worked huge, great pattern:
From the Messenger/Tradesight_st Twitter Feed, Rich's YHOO triggered long (without market support) and worked:
NFLX triggered long (without market support) and didn't work:
Rich's BIIB triggered short (with market support) and didn't work:
AMZN triggered long (without market support) and worked:
Rich's DUST triggered short (with market support) and worked enough for a partial:
EBAY triggered long (with market support) and worked:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not. The big stuff was without market support.
Futures Calls Recap for 9/24/13
Two calls that both worked nicely, one on the ES, one on the NQ, and one in each direction (long/short) of the market. See both sections below.
Net ticks: +15.5 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:
Mark's call triggered long at A at 1695.00, hit first target for 6 ticks, and after two stop adjustments, stopped at 1696.25 in the money:
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 3214.00, hit first target for 6 ticks, lowered stop a couple of times and stopped the final half well in the money at B at 3207.00:
Forex Calls Recap for 9/24/13
A clean winner on the GBPUSD to the short side from our calls. See that section below. Ranges were a little better but nothing special.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A, hit our first target exactly at B, stopped second half at C:
Forex Calls Recap for 9/24/13
A clean winner on the GBPUSD to the short side from our calls. See that section below. Ranges were a little better but nothing special.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A, hit our first target exactly at B, stopped second half at C:
Stock Picks Recap for 9/23/13
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, NXST triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's GS triggered short (with market support) and worked:
His Z triggered short (with market support) and worked:
His NFLX tirggered short (with market support) and worked:
SINA triggered short (with market support) and worked:
TSLA triggered short (with market support) and worked great:
Rich's BIDU triggered long (with market support) and didn't work:
In total, that's 7 trades triggering with market support, 6 of them worked, 1 did not.
Stock Picks Recap for 9/23/13
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, NXST triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's GS triggered short (with market support) and worked:
His Z triggered short (with market support) and worked:
His NFLX tirggered short (with market support) and worked:
SINA triggered short (with market support) and worked:
TSLA triggered short (with market support) and worked great:
Rich's BIDU triggered long (with market support) and didn't work:
In total, that's 7 trades triggering with market support, 6 of them worked, 1 did not.
Futures Calls Recap for 9/23/13
A small winner to start the week as the broad market opened flat, dipped a bit early, and that was about it for the session. See ES section below. NASDAQ volume was 1.7 billion shares, helped by news in AAPL and MSFT.
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:
Mark's call triggered short at A at 1696.00, hit first target for 6 ticks, and stopped second half over the entry:
Forex Calls Recap for 9/23/13
A slow start to the week with 50 pips of range on the GBPUSD and 65 on the EURUSD. See GBPUSD section below for the trigger.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A and eventually stopped at B:
Forex Calls Recap for 9/23/13
A slow start to the week with 50 pips of range on the GBPUSD and 65 on the EURUSD. See GBPUSD section below for the trigger.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A and eventually stopped at B: