Forex Calls Recap for 5/28/13
Took a while, but finally a winner on the GBPUSD in the morning. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A, hit first target at B, currently holding second half with a atop over S1:
Stock Picks Recap for 5/26/13
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.
From the Messenger/Tradesight_st Twitter Feed, Rich's AMGN triggered long (with market support) and didn't work:
His FAS triggered long (ETF so no market support needed) and worked enough for a partial:
GILD triggered long (with market support) and worked enough for a partial:
GOOG 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.
Stock Picks Recap for 5/26/13
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.
From the Messenger/Tradesight_st Twitter Feed, Rich's AMGN triggered long (with market support) and didn't work:
His FAS triggered long (ETF so no market support needed) and worked enough for a partial:
GILD triggered long (with market support) and worked enough for a partial:
GOOG 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 5/26/13
A winner on the ES to close out the week in what was a slow session as expected heading into the long weekend. Volume closed at 1.3 billion NASDAQ shares. We resume Monday.
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 1642.50 at A, hit first target for 6 ticks, and stopped second half under the entry:
Futures Calls Recap for 5/26/13
A winner on the ES to close out the week in what was a slow session as expected heading into the long weekend. Volume closed at 1.3 billion NASDAQ shares. We resume Monday.
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 1642.50 at A, hit first target for 6 ticks, and stopped second half under the entry:
Forex Calls Recap for 5/24/13
A loser to close out the week on the EURUSD. See that 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 long at A and stopped:
Stock Picks Recap for 5/23/13
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, VVUS triggered long (without market support) and worked:
FNSR triggered short (without market support) and didn't go enough in either direction to count:
From the Messenger/Tradesight_st Twitter Feed, Rich's FCX triggered short (with market support) and didn't work:
His POT triggered short (without market support) and worked:
His AAPL triggered long (with market support) and worked:
GS triggered long (with market support) and didn't work initially, worked later:
COST triggered long (with market support) and worked enough for a partial:
In total, that's 4 trades triggering with market support, 2 of them worked, 2 did not.
Stock Picks Recap for 5/23/13
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, VVUS triggered long (without market support) and worked:
FNSR triggered short (without market support) and didn't go enough in either direction to count:
From the Messenger/Tradesight_st Twitter Feed, Rich's FCX triggered short (with market support) and didn't work:
His POT triggered short (without market support) and worked:
His AAPL triggered long (with market support) and worked:
GS triggered long (with market support) and didn't work initially, worked later:
COST triggered long (with market support) and worked enough for a partial:
In total, that's 4 trades triggering with market support, 2 of them worked, 2 did not.
Futures Calls Recap for 5/23/13
Couple of winners on the ES and NQ for the session. See those sections below. The markets gapped down big and eventually rallied back up most of the way on volume of 1.7 billion NASDAQ shares. There was a great YM Value Area setup (check below how it stopped right at VAL to the tick) but it never triggered.
Net ticks: +8 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 long at A at 1641.25, hit first target for 6 ticks, stopped second half under the entry:
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 long at 2982.00 at A, hit first target for 6 ticks, stopped second half 5 ticks in the money:
Futures Calls Recap for 5/23/13
Couple of winners on the ES and NQ for the session. See those sections below. The markets gapped down big and eventually rallied back up most of the way on volume of 1.7 billion NASDAQ shares. There was a great YM Value Area setup (check below how it stopped right at VAL to the tick) but it never triggered.
Net ticks: +8 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 long at A at 1641.25, hit first target for 6 ticks, stopped second half under the entry:
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 long at 2982.00 at A, hit first target for 6 ticks, stopped second half 5 ticks in the money: