Futures Calls Recap for 8/20/13
A trigger and a stop out on the NQ for the lightest volume day of the year. We didn't even clear 300 million NASDAQ shares after 60 minutes, and volume at the close was 1.2 billion. Note that the Comber 13 sell signals on both the ES and NQ gave the high of the session.
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 3080.50 and stopped. It eventually would have worked but would have taken three tries and I didn't put it back in the second time due to volume:
Forex Calls Recap for 8/20/13
Another dull session with 60 pips of range from high to low on the GBPUSD. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A and stopped. Put it back in in the morning, triggered long at B, didn't do anything, closed it at C for 10 pips:
Stock Picks Recap for 8/19/13
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, AMAP triggered long (with market support) and worked:
ANGI triggered short (with market support) and worked:
FAST triggered short (without market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, NFLX triggered long (with market support) and didn't work:
Rich's GOOG triggered long (with market support) and worked great:
BIDU triggered long (with market support) and worked great:
BIIB triggered long (with market support) and worked enough for a partial:
Mark's AAPL triggered long (with market support) and worked great:
Rich's KSS triggered short (with market support) and didn't work:
In total, that's 8 trades triggering with market support, 6 of them worked, 2 did not.
Futures Calls Recap for 8/19/13
Horrible volume, literally the worst of the year at 1.3 billion NASDAQ shares to start the new options cycle. One winner in the ES and that's it. See that section below.
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 long at A at 1654.25, hit first target for 6 ticks, looked great for a Value Area play, but then rolled and stopped the second half under the entry:
Forex Calls Recap for 8/19/13
Dull start to the week with 50-60 pips of range on the EURUSD and GBPUSD. One stop out, see EURUSD below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A and stopped:
Forex Calls Recap for 8/19/13
Dull start to the week with 50-60 pips of range on the EURUSD and GBPUSD. One stop out, see EURUSD below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A and stopped:
Stock Picks Recap for 8/16/13
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, GTAT triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, BIDU triggered short (with market support) and worked:
Mark's JPM triggered long (with market support) and didn't work:
FSLR triggered long (with market support) and didn't work:
In total, that's 4 trades triggering with market support, 2 of them worked, 2 did not.
Futures Calls Recap for 8/16/13
Three triggers, two small winners and a loser. See the NQ and ES sections below as the market continues to behave poorly on light volume.
Net ticks: +1 tick.
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:
My call triggered long at A over the Pivot at 1660.50 and stopped. Mark's short triggered at B at 1653.50, hit first target for 6 ticks, and stopped the second half at 1652.25 at C:
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 long triggered at A at 3086.50, hit first target for 6 ticks, and stopped the second half under the entry:
Futures Calls Recap for 8/16/13
Three triggers, two small winners and a loser. See the NQ and ES sections below as the market continues to behave poorly on light volume.
Net ticks: +1 tick.
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:
My call triggered long at A over the Pivot at 1660.50 and stopped. Mark's short triggered at B at 1653.50, hit first target for 6 ticks, and stopped the second half at 1652.25 at C:
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 long triggered at A at 3086.50, hit first target for 6 ticks, and stopped the second half under the entry:
Forex Calls Recap for 8/16/13
Closed out the second half of the GBPUSD for a 65 pip gain from the prior session, but a new call triggered and stopped on the EURUSD for options expiration Friday's session. See both sections 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. Again, nothing to see on those charts.
EURUSD:
riggered long at A and stopped: