Forex Calls Recap for 8/30/13
A winner to close out the month, although as expected, it didn't trigger until the US session as European banks were closing out their positions for the long weekend. See EURUSD 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. Still no major chart patterns or signals to watch.
EURUSD:
Triggered short at A, hit first target at B, and closed final half at C over S1 for end of week:
Forex Calls Recap for 8/30/13
A winner to close out the month, although as expected, it didn't trigger until the US session as European banks were closing out their positions for the long weekend. See EURUSD 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. Still no major chart patterns or signals to watch.
EURUSD:
Triggered short at A, hit first target at B, and closed final half at C over S1 for end of week:
Stock Picks Recap for 8/28/13
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, INSM triggered long (with market support) and worked nicely:
ISIS triggered short (without market support due to opening 5 minutes) and worked, but it was all very quick:
From the Messenger/Tradesight_st Twitter Feed, Mark's ALTR triggered long (with market support) and didn't go enough either way (about a dime) to count:
NFLX triggered long (with market support) and worked enough for a partial:
COST triggered short (without market support) and worked eventually, took a while:
In total, that's 2 trades triggering with market support, both of them worked.
Stock Picks Recap for 8/28/13
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, INSM triggered long (with market support) and worked nicely:
ISIS triggered short (without market support due to opening 5 minutes) and worked, but it was all very quick:
From the Messenger/Tradesight_st Twitter Feed, Mark's ALTR triggered long (with market support) and didn't go enough either way (about a dime) to count:
NFLX triggered long (with market support) and worked enough for a partial:
COST triggered short (without market support) and worked eventually, took a while:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 8/28/13
Another wasted session in general as NASDAQ volume hit a low close of 1.2 billion shares as everyone awaits the situation in Syria and the long weekend. One call stopped, see NQ 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:
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 3073.00 and stopped for 7 ticks. I did not re-enter given the volume problems:
Futures Calls Recap for 8/28/13
Another wasted session in general as NASDAQ volume hit a low close of 1.2 billion shares as everyone awaits the situation in Syria and the long weekend. One call stopped, see NQ 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:
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 3073.00 and stopped for 7 ticks. I did not re-enter given the volume problems:
Forex Calls Recap for 8/28/13
Not a very exciting session, but a winner and a loser. See EURUSD below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A and stopped overnight. Put it back in in the morning, triggered short at B, almost made it to first target (but didn't quite), and finally closed it out at C for end of session:
Forex Calls Recap for 8/28/13
Not a very exciting session, but a winner and a loser. See EURUSD below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A and stopped overnight. Put it back in in the morning, triggered short at B, almost made it to first target (but didn't quite), and finally closed it out at C for end of session:
Stock Picks Recap for 8/27/13
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 with the gap down.
From the Messenger/Tradesight_st Twitter Feed, SINA triggered short (without market support due to opening 5 minutes) and worked enough for a partial:
Rich's AAPL triggered long (without market support due to opening 5 minutes) and worked for a couple of points:
His TLT triggered long (ETF, so no market support needed) worked without going $0.50 against for the stop, but took a while to get going:
Rich's GOOG triggered short (with market support) and didn't work initially, worked later:
His FFIV triggered short (with market support) and didn't work initially, worked later:
His VXX triggered long (ETF, so no market support needed) and worked:
His AMGN triggered short (with market support) and worked:
His CIEN triggered short (with market support) and didn't go enough either direction to count.
In total, that's 5 trades triggering with market support, 3 of them worked, 2 did not. In addition, the 2 in the opening 5 minutes worked.
Futures Calls Recap for 8/27/13
The markets gapped down big on the Syrian situation, and we tried a little bounce initially but then rolled.
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.
Triggered short at A at 3084.00 and stopped, triggered again ten minutes later and stopped again after almost hitting the target. Didn't re-enter, but it worked later over lunch:
