Forex Calls Recap for 2/21/13
Closed out a 125 pip winner on the EURUSD and had another winner on the GBPUSD for the session. See both sections below. Back to flat.
Here's a look at the US Dollar Index intraday with our market directional lines:
New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
EURUSD:
We were short from the 1.3355 area from the prior session. Adjusted the stop twice and stopped the final piece over the new S1 at A for about 125 pips:
GBPUSD:
Triggered short at A, hit first target at B, moved stop over the entry and stopped:
Forex Calls Recap for 2/21/13
Closed out a 125 pip winner on the EURUSD and had another winner on the GBPUSD for the session. See both sections below. Back to flat.
Here's a look at the US Dollar Index intraday with our market directional lines:
New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
EURUSD:
We were short from the 1.3355 area from the prior session. Adjusted the stop twice and stopped the final piece over the new S1 at A for about 125 pips:
GBPUSD:
Triggered short at A, hit first target at B, moved stop over the entry and stopped:
Stock Picks Recap for 2/20/13
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, AAPL triggered short (with market support) and worked:
AIG triggered short (with market support) and worked:
AMZN triggered short (with market support) and worked:
COST triggered short (with market support) and we closed it at the entry late in the session:
In total, that's 4 trades triggering with market support, 3 of them worked cleanly and 1 we closed at the entry because it was late in the day (it ended up working too).
Stock Picks Recap for 2/20/13
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, AAPL triggered short (with market support) and worked:
AIG triggered short (with market support) and worked:
AMZN triggered short (with market support) and worked:
COST triggered short (with market support) and we closed it at the entry late in the session:
In total, that's 4 trades triggering with market support, 3 of them worked cleanly and 1 we closed at the entry because it was late in the day (it ended up working too).
Futures Calls Recap for 2/20/13
Two winners, but a stop out first on one of them. See ES and NQ below.
Net ticks: +0.5 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 short at 1524.75 at A and stopped for 7 ticks, then retriggered at B, hit first target for 6 ticks, and stopped the final piece at 1523.75 at C for 4 ticks:
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.
My call triggered short at A at 2777.00, hit first target for 6 ticks, and stopped the second half over the entry:
Futures Calls Recap for 2/20/13
Two winners, but a stop out first on one of them. See ES and NQ below.
Net ticks: +0.5 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 short at 1524.75 at A and stopped for 7 ticks, then retriggered at B, hit first target for 6 ticks, and stopped the final piece at 1523.75 at C for 4 ticks:
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.
My call triggered short at A at 2777.00, hit first target for 6 ticks, and stopped the second half over the entry:
Forex Calls Recap for 2/20/13
Two stop outs and then a big winner (still going) on the EURUSD. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
EURUSD:
Triggered long at A, never quite got to the first target, and eventually stopped overnight. Triggered short at B and stopped. Re-entered at C, hit first target at D, and kept going on the release of the Fed minutes, which tanked the EURUSD. We are still short about 80 pips in the money with a stop over the S2:
Forex Calls Recap for 2/20/13
Two stop outs and then a big winner (still going) on the EURUSD. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
EURUSD:
Triggered long at A, never quite got to the first target, and eventually stopped overnight. Triggered short at B and stopped. Re-entered at C, hit first target at D, and kept going on the release of the Fed minutes, which tanked the EURUSD. We are still short about 80 pips in the money with a stop over the S2:
Stock Picks Recap for 2/19/13
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, FNSR triggered long (with market support) and didn't work:
MENT triggered long (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, Mark's LLTC triggered long (with market support) and worked great:
GS triggered long (with market support) and worked:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Stock Picks Recap for 2/19/13
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, FNSR triggered long (with market support) and didn't work:
MENT triggered long (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, Mark's LLTC triggered long (with market support) and worked great:
GS triggered long (with market support) and worked:
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.