Futures Calls Recap for 3/10/20
The markets gapped up big, shook both ways, came all the way back to fill the gap, then bounced and closed at highs on 4.4 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 were again too far out of range to take:
NQ Opening Range Play:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 3/10/20
A loser and a winner for the session. 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. Triggered short at B, hit first target at C, still holding second half with a stop over S2:
Stock Picks Recap for 3/9/20
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, FEYE triggered short (with market support) and worked enough for a partial, but not something I would take under the circumstances:
From the Messenger/Tradesight_st Twitter Feed, nothing triggered.
In total, that's 1 trade triggering with market support, and it worked a little, but not really a thing.
Futures Calls Recap for 3/9/20
The markets gapped down big, tried to bounce, went back down, and closed near lows on 4.7 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 with the market shut at the open for 15 minutes, something we haven't seen forever, no Opening Range plays:
NQ Opening Range Play with the market shut at the open for 15 minutes, something we haven't seen forever, no Opening Range plays:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 3/9/20
Two small winners for the session. See GBPUSD 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, second half stopped. Triggered long at C, hit first target at D, second half stopped:
Stock Picks Recap for 3/6/20
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 FDX triggered long (with market support) and worked:
His FAS triggered long (ETF, so no market support needed) and didn't work:
His NVDA triggered long (with market support) and didn't work:
His ADBE triggered long (with market support) and worked:
In total, that's 4 trades triggering with market support, 2 of them worked, 2 did not.
Futures Calls Recap for 3/6/20
The markets gapped down, bounced around, then came up ahead of lunch and topped out before rolling to lows after lunch and recovering after that for 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 too far out of range to take:
NQ Opening Range Play triggered too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Forex Calls Recap for 3/6/20
Winners to end the week. 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:
Came into the session long the second half of the trade from the prior day. Triggered long at A, hit first target at B, kept moving to C, closed rest of the plays at D:
Stock Picks Recap for 3/5/20
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 ZM triggered long (with market support) and didn't work under our usual rules, but this was a different type of play with the wide bars, and I know some people did well, but we won't count it either way:
His SPLK triggered short (with market support) and worked:
BABA triggered long (with market support) and worked enough for a partial:
Rich's ADSK triggered long (with market support) and worked enough for a partial:
In total, that's 3 trades triggering with market support, all of them worked.
Futures Calls Recap for 3/5/20
The markets gapped down, banged around a little early, rallied ahead of lunch a bit, and then rolled and lost a lot of ground on 3.7 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 both directions triggered, but too far out of range to take:
NQ Opening Range Play both directions triggered, but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: