Futures Calls Recap for 7/13/20
The markets gapped up, went higher, and then sold off hard as we start to pile on the sell signals on 4.8 billion NASDAQ shares.
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:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short at A and stopped over the midpoint, triggered long at B and worked:
NQ Opening Range Play too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 7/13/20
A very late trigger that we closed even (if you took it at all). See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Didn't trigger until A, should have just closed it that late if you took it at all:
Stock Picks Recap for 7/10/20
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, OSMT triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's ROKU triggered long (without market support due to opening 5 minutes) and worked great:
His AMGN triggered short (with market support) and worked enough for a partial:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 7/10/20
The markets gapped up, sold off, but most of the day was stuck in the Value Area until the last hour or two when we drifted higher on 3.5 billion NASDAQ shares.
Net ticks: -18 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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short at A, which was too far out of range to take, triggered long at B and didn't work:
NQ Opening Range Play triggered short at A but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 7/10/20
Two losers to close out the week. See EURUSD section 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.
EURUSD:
Triggered short at A and stopped, triggered long at B and we closed it for a 10 pip loss for end of week:
Stock Picks Recap for 7/9/20
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, FTNT triggered long (without market support due to opening 5 minutes):
From the Messenger/Tradesight_st Twitter Feed, Rich's GS triggered short (with market support) and worked great:
In total, that's 1 trade triggering with market support, and it worked.
Futures Calls Recap for 7/9/20
The markets gapped up and sold off, then recovered. The NASDAQ closed green based on a few stocks but everything else was red on 3.9 billion NASDAQ shares.
Net ticks: +23.5 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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short at A and worked:
NQ Opening Range Play triggered too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered short at A at 3155.00, hit first target for 8 ticks, stopped second half over entry:
Forex Calls Recap for 7/9/20
We came into the session long the second half of the GBPUSD trade from the prior session, and that stopped in the money. A new trade was a loser in 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:
Stock Picks Recap for 7/8/20
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, FSLR triggered long (with market support) and worked huge:
From the Messenger/Tradesight_st Twitter Feed, Rich's BKNG triggered short (with market support) and worked enough for a partial:
His MGM triggered short (with market support) and didn't work:
His SHOP triggered short (with market support) and worked enough for a partial:
In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.
Futures Calls Recap for 7/8/20
The markets gapped up, went higher, then was flat all day, then rallied a bit late on 4 billion NASDAQ shares.
Net ticks: +14.5 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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and worked:
NQ Opening Range Play triggered long at A but too far out of range to take under the rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: