Forex Calls Recap for 7/12/13
A decent session with a winner to close out the week. See GBPUSD below. Nothing special.
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. The EURUSD and GBPUSD bounced off their lows this week. Not much to see for the week ahead.
GBPUSD:
Triggered short at A, hit first target at B, stopped second half in the money at C:
Stock Picks Recap for 7/11/13
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, a lot of our calls off the report gapped over the triggers. Our top pick, CHKP, however, did not and triggered (just barely without market support, but we took it) and worked great:
RPTP triggered long (without market support due to opening 5 minutes) and worked enough for a partial:
ITMN triggered long (without market support) and worked great:
From the Messenger/Tradesight_st Twitter Feed, Rich's FAS triggered short (ETF, so no market support needed) and worked enough for a partial:
His UVXY triggered long (without market support) and didn't work:
His LNKD triggered long (with market support) and worked great:
In total, that's 2 trades triggering with market support, both worked, but also CHKP worked.
Stock Picks Recap for 7/11/13
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, a lot of our calls off the report gapped over the triggers. Our top pick, CHKP, however, did not and triggered (just barely without market support, but we took it) and worked great:
RPTP triggered long (without market support due to opening 5 minutes) and worked enough for a partial:
ITMN triggered long (without market support) and worked great:
From the Messenger/Tradesight_st Twitter Feed, Rich's FAS triggered short (ETF, so no market support needed) and worked enough for a partial:
His UVXY triggered long (without market support) and didn't work:
His LNKD triggered long (with market support) and worked great:
In total, that's 2 trades triggering with market support, both worked, but also CHKP worked.
Futures Calls Recap for 7/11/13
A big gap up and the ES never even touched a level, stuck between R2 and R3 all session. Volume looked good early but dried up and closed at 1.6 billion NASDAQ shares. The NASDAQ side was impossibly flat in the first half of the day. One loser on the ES, see that 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:
Mark's call triggered short at A at 1662.00 and stopped. No re-entry necessary:
Futures Calls Recap for 7/11/13
A big gap up and the ES never even touched a level, stuck between R2 and R3 all session. Volume looked good early but dried up and closed at 1.6 billion NASDAQ shares. The NASDAQ side was impossibly flat in the first half of the day. One loser on the ES, see that 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:
Mark's call triggered short at A at 1662.00 and stopped. No re-entry necessary:
Forex Calls Recap for 7/11/13
Closed out a 160 pip winner on the EURUSD and then stopped out of a new trade. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Due to some late afternoon action Wednesday (two big pushes up), our EURUSD long from the prior session (after raising the stop twice) stopped here at A for 160 pips or more. New trade triggered at B and stopped at C:
Forex Calls Recap for 7/11/13
Closed out a 160 pip winner on the EURUSD and then stopped out of a new trade. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Due to some late afternoon action Wednesday (two big pushes up), our EURUSD long from the prior session (after raising the stop twice) stopped here at A for 160 pips or more. New trade triggered at B and stopped at C:
Stock Picks Recap for 7/10/13
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, SWHC triggered long (with market support on the Fed minutes spike) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, COST triggered long (with market support) and worked enough for a partial:
GILD triggered long (with market support) and worked:
Mark's LRCX triggered long (with market support) and worked:
AMZN triggered short (with market support) and didn't work:
Rich's FDO triggered long (with market support) and worked:
CELG triggered long (with market support) and didn't work:
In total, that's 7 trades triggering with market support, 4 of them worked, 3 did not.
Futures Calls Recap for 7/10/13
A winner on the NQ and a wash-trade on the ES in a very light volume session that only got to 1.4 billion NASDAQ shares because there was a spike when the minutes of the last Fed meeting came out at 2 pm EST.
Net ticks: +5.5 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 short triggered at 1643.75 at A and he closed it about 45 minutes at the entry price after it went nowhere and volume was awful:
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 called triggered long at A at 2983.00, hit first target for 6 ticks, stopped second half in the money for 5 ticks:
Futures Calls Recap for 7/10/13
A winner on the NQ and a wash-trade on the ES in a very light volume session that only got to 1.4 billion NASDAQ shares because there was a spike when the minutes of the last Fed meeting came out at 2 pm EST.
Net ticks: +5.5 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 short triggered at 1643.75 at A and he closed it about 45 minutes at the entry price after it went nowhere and volume was awful:
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 called triggered long at A at 2983.00, hit first target for 6 ticks, stopped second half in the money for 5 ticks: