Futures Calls Recap for 9/18/13
A flat session to start that got interesting when the Fed didn't end QE and the markets spiked higher. One trigger on the ES broke out on the news and worked very nicely, and fast. See that section below. NASDAQ volume was weak early but rose and closed at 1.7 billion shares.
Net ticks: +20 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 long at 1699.50 at A, hit first target easily for 6 ticks if you got some (and it was gettable), and then stopped at 1707 at B:
Futures Calls Recap for 9/18/13
A flat session to start that got interesting when the Fed didn't end QE and the markets spiked higher. One trigger on the ES broke out on the news and worked very nicely, and fast. See that section below. NASDAQ volume was weak early but rose and closed at 1.7 billion shares.
Net ticks: +20 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 long at 1699.50 at A, hit first target easily for 6 ticks if you got some (and it was gettable), and then stopped at 1707 at B:
Forex Calls Recap for 9/18/13
A nice winner for the session in the GBPUSD, almost 200 pips in the money and still holding the second half. See that section below.
The US Dollar got hit hard after the Fed announcement that QE would continue.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A, hit first target at B, which looks like a blip now. Raised the stop twice, then spiked on the Fed announcement. Still holding with a stop under R4 at C:
Forex Calls Recap for 9/18/13
A nice winner for the session in the GBPUSD, almost 200 pips in the money and still holding the second half. See that section below.
The US Dollar got hit hard after the Fed announcement that QE would continue.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A, hit first target at B, which looks like a blip now. Raised the stop twice, then spiked on the Fed announcement. Still holding with a stop under R4 at C:
Stock Picks Recap for 9/17/13
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, GNTX triggered long (with market support) and worked:
SOHU gapped over the trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's GILD triggered short (without market support) and didn't work:
CELG triggered short (without market support) and worked:
Rich's IBM triggered short (without market support) and worked:
GOOG triggered short (without market support) and worked:
COST triggered long (with market support) and didn't work:
In total, that's 2 trades triggering with market support, 1 of them worked, 1 did not. Several trades that triggered "without market support" on a dead flat day did work.
Futures Calls Recap for 9/17/13
A small winner on the NQ in what was otherwise an impossibly narrow session on light volume as we wait for the Fed. Just looking at the ES charts below is remarkable to see how flat things were.
Net ticks: +3 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 long at A at 3175.00, hit first target for 6 ticks, and stopped the second half at the entry:
Futures Calls Recap for 9/17/13
A small winner on the NQ in what was otherwise an impossibly narrow session on light volume as we wait for the Fed. Just looking at the ES charts below is remarkable to see how flat things were.
Net ticks: +3 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 long at A at 3175.00, hit first target for 6 ticks, and stopped the second half at the entry:
Forex Calls Recap for 9/17/13
Wow. 40 pips of range on the EURUSD. None of our calls triggered.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Forex Calls Recap for 9/17/13
Wow. 40 pips of range on the EURUSD. None of our calls triggered.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Stock Picks Recap for 9/16/13
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, no calls.
From the Messenger/Tradesight_st Twitter Feed, Rich's SOHU triggered short (with market support) and worked:
His FAS triggered short (ETF, so no market support needed) and didn't work:
His CELG triggered short (with market support) and worked:
TEVA triggered short (with market support) and worked:
My CELG triggered short (with market support) and didn't work:
Rich's GOOG triggered short (with market support) and worked enough for a partial:
His FB triggered short (with market support) and worked:
In total, that's 7 trades triggering with market support, 5 of them worked, 2 did not.