Forex Calls Recap for 4/16/13
A perfect setup led to a nice move, but after we got stopped out. See EURUSD below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered long at A, stopped out unfortunately at B. If you were awake, you go again at C and it works fine. Sometimes, it happens:
Stock Picks Recap for 4/15/13
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, MNST triggered long (without market support) and didn't work:
VRTX gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's FAS triggered long (ETF, so no market support needed) and didn't work:
His CAT triggered short (with market support) and worked:
EBAY triggered short (with market support) and worked:
CELG triggered short (with market support) and worked:
Rich's AMGN triggered short (with market support) and worked:
In total, that's 5 trades triggering with market support, 4 of them worked, 1 did not.
Stock Picks Recap for 4/15/13
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, MNST triggered long (without market support) and didn't work:
VRTX gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich's FAS triggered long (ETF, so no market support needed) and didn't work:
His CAT triggered short (with market support) and worked:
EBAY triggered short (with market support) and worked:
CELG triggered short (with market support) and worked:
Rich's AMGN triggered short (with market support) and worked:
In total, that's 5 trades triggering with market support, 4 of them worked, 1 did not.
Futures Calls Recap for 4/15/13
Mark's NQ trade triggered and stopped. The movement for the session occurred over lunch after a slow start. The other call didn't trigger. NASDAQ volume was weak early but soared in the last hour to hit 1.7 billion shares.
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.
Mark's call triggered long at A at 2842.50 and stopped for 7 ticks. He did not re-enter:
Forex Calls Recap for 4/15/13
A loser on the AUDUSD and a winner on the EURUSD. See those sections below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A, gave you a chance to take it at B if you missed it (remember, these are EST charts now, so that's the start of the European session), hit first target nicely at C (note the Comber 5 minute buy signal) and lowered stop in the morning (after it had already been back above the Pivot and come back down) and probably stopped you at D just over the entry:
AUDUSD:
A nice Value Area setup that triggered early (half size) at A and stopped for 25 pips:
Forex Calls Recap for 4/15/13
A loser on the AUDUSD and a winner on the EURUSD. See those sections below.
Here's a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A, gave you a chance to take it at B if you missed it (remember, these are EST charts now, so that's the start of the European session), hit first target nicely at C (note the Comber 5 minute buy signal) and lowered stop in the morning (after it had already been back above the Pivot and come back down) and probably stopped you at D just over the entry:
AUDUSD:
A nice Value Area setup that triggered early (half size) at A and stopped for 25 pips:
Stock Picks Recap for 4/12/13
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, SBUX triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's NFLX triggered short (without market support due to opening 5 minutes) and didn't work:
His GS triggered short (with market support) and worked:
His CELG triggered long (with market support) and didn't work:
AAPL triggered short (with market support) and worked:
In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.
Futures Calls Recap for 4/12/13
A loser on the ES and a winner on the NQ as volume dropped off sharply again to only 1.3 billion NASDAQ shares (a Friday, plus everyone watching the Masters).
Net ticks: +2 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 1581.50 at A and stopped for 7 ticks. He did not re-enter:
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 2840.50 at A, hit first target for 6 ticks, lowered stop twice and stopped the second half 12 ticks in the money:
Forex Calls Recap for 4/12/13
A winner, but one that didn't even make it to the full first target. See GBPUSD 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.
There are no patterns for breakout nor any Seeker/Comber signals looming on the daily charts. The US Dollar Index completed 9 bars down for a setup on Thursday.
GBPUSD:
Triggered short at A, didn't get to first target, never stopped overnight, and I finally closed at B in the money a little for end of week:
Stock Picks Recap for 4/11/13
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, SHLD triggered long (with market support) and didn't work:
SODA triggered long (without market support due to opening 5 minutes) and worked huge:
From the Messenger/Tradesight_st Twitter Feed, Rich's NFLX triggered long (with market support) and worked enough for a partial:
His RGLD triggered long (without market support) and worked enough for a partial:
His GLD triggered long (ETF, so no market support needed) and worked enough for a partial:
GOOG triggered short (without market support) and worked:
TEVA triggered long (with market support) and worked:
Rich's CELG triggered long (with market support) and didn't work:
Mark's BIIB triggered long (with market support) and didn't work:
Rich's FFIV triggered long (with market support) and worked:
In total, that's 7 trades triggering with market support, 4 of them worked, 3 did not.