Forex Calls Recap for 5/18/20
Finally, a nice winner (still going). See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered long at A, hit first target at B, still holding second half with a stop under C:
Stock Picks Recap for 5/15/20
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, nothing triggered for options expiration.
In total, that's 0 trades triggering with market support, feels like options expiration Friday.
Futures Calls Recap for 5/15/20
The market gapped down, filled, then went basically flat and closed slightly green with a late push on 4.2 billion NASDAQ shares for an expiration Friday.
Net ticks: -14 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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and stopped out under the midpoint, triggered short at B but too far out of range to take:
NQ Opening Range Play triggers were too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 5/15/20
An unfortunate trade that just barely stopped out on a weird spike before working for 80 pips. See GBPUSD 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.
GBPUSD:
Triggered short at A and just barely stopped at B, then worked great:
Stock Picks Recap for 5/14/20
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 KLAC triggered short (with market support) and worked enough for a partial:
COST triggered short (with market support) and worked:
In total, that's 2 trades triggering with market support, both of them worked.
Futures Calls Recap for 5/14/20
The markets gapped down, went lower for a bit, came up to fill the gap, stayed in the Value Area for most of the day, and then rallied late on 3.9 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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered but all too far out of range to take:
NQ Opening Range Play triggered but all too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered long at A, hit first target for 8 ticks, and stopped the second half a couple of ticks in the money:
Forex Calls Recap for 5/14/20
The slowest two weeks in a while continues. Barely moved at all. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A and stopped:
Stock Picks Recap for 5/13/20
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, FB triggered short (with market support) and worked:
In total, that's 1 trade triggering with market support, and it worked.
Futures Calls Recap for 5/13/20
The markets gapped up a little, filled the gaps, turned and went higher, then sold off ahead of lunch. The rest of the day was flat on 4.2 billion NASDAQ shares.
Net ticks: +0 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 and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short but too far out of range to take:
NQ Opening Range Play triggered short but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 5/13/20
I didn't make any calls based on the Levels spacing, but if you look at the charts, the 13 signals on the AUDUSD, GBPUSD, and (both ways) on the EURJPY all worked for the session, easy money. Check out the EURJPY in particular below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Note the 13 caught the low:
EURJPY:
Note the 13 caught the high and low:
