Stock Picks Recap for 9/24/12
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, HAIN triggered short (without market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, Rich's AMZN triggered short (without market support due to opening 5 minutes) and didn't work:
His GOOG triggered long (with market support) and worked great:
AMZN triggered long (with market support) and didn't work:
AMGN triggered long (with market support) and worked:
Several other calls but nothing triggered.
In total, that's 3 trades triggering with market support, 2 of them worked, 1 did not.
Futures Calls Recap for 9/24/12
A winner in the YM to start the week. See that section below.
Net ticks: +4.5 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:
YM:
Mark's call triggered long at A at 13476, hit the first target for 10 ticks, and stopped the second half under the entry:
Forex Calls Recap for 9/24/12
Stopped out of our trade and then it worked after overnight. See EURUSD below. Ranges were still bad.
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 short early at A, gave you another chance to enter at B, but then stopped at C right at the start of the European session, which was a bummer as it then proceeded down to our S2 target at D:
Forex Calls Recap for 9/24/12
Stopped out of our trade and then it worked after overnight. See EURUSD below. Ranges were still bad.
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 short early at A, gave you another chance to enter at B, but then stopped at C right at the start of the European session, which was a bummer as it then proceeded down to our S2 target at D:
Stock Picks Recap for 9/21/12
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, IACI gapped over, no play.
LEAP triggered long (without market support) and didn't work, worked later:
SYNA triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's QCOR triggered short (with market support) and worked:
Rich's AAPL triggered long (without market support) and worked enough for a partial:
AMZN triggered short (with market support) and worked:
Rich's ANF triggered long (without market support) and didn't work:
His AAPL triggered short (with market support) and worked:
In total, that's 4 trades triggering with market support, all 4 of them worked.
Futures Calls Recap for 9/21/12
Two winners and a stop out to wrap up the week as options expiration was exactly what we expected...fairly dull with heavy volume early. See ES and NQ sections below.
Net ticks: +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 ES short triggered at A at 1457.75, hit first target for six ticks, and the second half stopped over 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.
My short triggered at A at 2866.00 and stopped for 7 ticks, then triggered again at B, hit first target for six ticks, lowered the stop later, and finally stopped at 2859.50 at C:
Forex Calls Recap for 9/21/12
There's an example of being right on track with a call and just barely getting stopped before it works great. But, there is a reason we use stops, so, it happens. See EURUSD section below.
As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week, and then glance at the US Dollar Index.
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 came into the session short and in the money and that stopped over the UBreak. Then we triggered long at A, stopped by just a couple of pips at B on a little spike, right before the EURUSD turned up and ran exactly to our first target R1 at C:
Forex Calls Recap for 9/21/12
There's an example of being right on track with a call and just barely getting stopped before it works great. But, there is a reason we use stops, so, it happens. See EURUSD section below.
As usual on the Sunday report, we will take a look at the action from Thursday night/Friday, then look at the daily charts heading into the new week, and then glance at the US Dollar Index.
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 came into the session short and in the money and that stopped over the UBreak. Then we triggered long at A, stopped by just a couple of pips at B on a little spike, right before the EURUSD turned up and ran exactly to our first target R1 at C:
Stock Picks Recap for 9/20/12
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, SREV triggered long (with market support) and worked:
ARAY triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's BIDU triggered short (without market support) and didn't work:
His DECK triggered short (without market support) and worked:
His GS triggered short (without market support) and didn't work:
GOOG triggered short (with market support) and didn't work:
FSLR triggered short (with market support) and didn't work:
Rich's JOY triggered long (with market support) and worked enough for a partial:
NFLX triggered long (with market support) and worked:
TLT triggered short (ETF, so no market support needed) and worked great:
Rich's TQQQ triggered long (ETF, so no market support needed) and didn't work:
Rich's LAMR triggered long (with market support) and worked great:
In total, that's 9 trades triggering with market support, 6 of them worked (some of them huge winners), 3 did not.
Futures Calls Recap for 9/20/12
Multiple trade calls on the ES and YM, 3 out of 4 of them worked finally despite a fairly choppy environment. We did see a second wave of options unraveling...to the upside again...and volume was up, closing near 1.7 billion NASDAQ shares.
Net ticks: +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 A at 1445.75 and hit the first target for 6 ticks, stopped the second half over the entry. My long triggered at 1449.00 at B, hit first target for 6 ticks, closed final piece at 1450.00. Mark had a third ES call that triggered into the Value Area at C at 1454.00 and closed for 4 ticks gain for end of session:
YM:
Mark's YM triggered long at A at 13476, hit the first target for 10 ticks, and stopped the second half under the entry:
