Forex Calls Recap for 9/12/13
Another narrow session and another stop out on the GBPUSD. See that section below. We remain half size.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at either A or B (or part of each) depending on how you had your orders staggered. Stopped either way. Never retriggered:
Forex Calls Recap for 9/12/13
Another narrow session and another stop out on the GBPUSD. See that section below. We remain half size.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at either A or B (or part of each) depending on how you had your orders staggered. Stopped either way. Never retriggered:
Stock Picks Recap for 9/11/13
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, amazingly.
From the Messenger/Tradesight_st Twitter Feed, TSLA triggered long (without market support due to opening 5 minutes):
Rich's NFLX triggered short (without market support) and worked:
His CELG triggered short (with market support) and worked:
His MGAM triggered short (without market support) and worked:
His BIDU triggered long (with market support) and worked great:
Many other calls, but nothing triggered.
In total, that's only 2 trades triggering with market support, both of them worked.
Stock Picks Recap for 9/11/13
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, amazingly.
From the Messenger/Tradesight_st Twitter Feed, TSLA triggered long (without market support due to opening 5 minutes):
Rich's NFLX triggered short (without market support) and worked:
His CELG triggered short (with market support) and worked:
His MGAM triggered short (without market support) and worked:
His BIDU triggered long (with market support) and worked great:
Many other calls, but nothing triggered.
In total, that's only 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 9/11/13
A slower session that closed at 1.55 billion NASDAQ shares. The NASDAQ gapped down with AAPL but the ES opened flat. Ranges were a little better than the prior day, but not much. See ES section 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:
ES:
Triggered short at A at 1678.25 and stopped for 7 ticks:
Futures Calls Recap for 9/11/13
A slower session that closed at 1.55 billion NASDAQ shares. The NASDAQ gapped down with AAPL but the ES opened flat. Ranges were a little better than the prior day, but not much. See ES section 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:
ES:
Triggered short at A at 1678.25 and stopped for 7 ticks:
Forex Calls Recap for 9/11/13
Our EURUSD call finally triggered in the North American session but didn't go anywhere, and I finally closed it out even for end of session. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A, closed at B (same price):
Stock Picks Recap for 9/10/13
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, INTU gapped over, no play.
AMCC triggered long (with market support) and worked a little:
From the Messenger/Tradesight_st Twitter Feed, Rich's CELG triggered short (with market support) and worked:
His AAPL triggered short (with market support) and worked for up to 10 points:
In total, that's 3 trades triggering with market support, all 3 of them worked.
Futures Calls Recap for 9/10/13
Unfortunately, two stop outs on the NQ for the session, and the ES was dead flat in a 5-point range and wouldn't give us an entry. See NQ below. NASDAQ volume closed at 1.75 billion, helped by Apple's iPhone event news.
Net ticks: -14 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 3179.00 and stopped. Mine triggered short at 3173.50 at B and stopped (heading into Value Area):
Forex Calls Recap for 9/10/13
No triggered for the session, which is fine when you don't go anywhere. Our short trigger in the EURUSD was under the Pivot and touched it perfectly but never got through. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Note how we hit the Pivot exactly but never cracked:
