My Stock Trading Plan for Friday Dec 30, 2016 in Trading Chat room.  $MRNS $XLNX $IAG $AUY $GLD $GDX $NUGT $JNUG $USLV $SLV $UWT, $DWT, $USOIL, $WTI, $GOLD, $USD/JPY, $SPY, $SILVER, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

REVIEW: If you are not reviewing the post market trade reports along with this please do so. We assume our trading room subscribers do review it everyday and as such there will often be information in that report that is applicable to and not included in this premarket report. You will find the post market reports on our blog daily before this one is published.

Reporting Status: Another quickie guys and gals! Until all year-end algos are reset this week you can expect these premarket reports to be quick for now!

New Service Options: We now also offer a stand-alone trading room option now (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00.

New Service Options: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Feature Post: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

Room Settings: We are testing fault settings for multiple trading rooms in 2017 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

Current Holds:

$CBMX, $JUNO, $DUST(definitely looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop but I may not get it)

Market Outlook:

Per yesterday’s Premarket

Today for me is all about metal equities (building list now) and ETF’s confirming and possible entries, watching volatility and the oil report (off a day because of holiday).

As mentioned previous, all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out before Jan 2017 trade.

Morning Momo / News Bits:

Momo:  Early Publication (will update in room)

Per yesterday:

Time to watch the metals close and crude is on the move again! $UWT $GLD, $GDX, $NUGT, $JNUG, $SLV, $USLV, $AUMN, $ASM, $GRL, $VGZ, $NAK. $IAG, $AUY

Innocoll shares tumble 49% after FDA seeks further data on treatment for post-surgical pain

$INNL downgraded to Neutral from Buy at Janney.

http://www.marketwatch.com/story/innocoll-shares-tumble-49-after-fda-seeks-further-data-on-treatment-for-post-surgical-pain-2016-12-30

$CEMP upgraded to Equal Weight from Underweight at Morgan Stanley. PT $3

Friday – U.S. bond market set to close at 2 p.m.

Nevada casinos report drop in Nov. revenue http://seekingalpha.com/news/3232866-nevada-casinos-report-drop-nov-revenue?source=twitter_sa_factset … #premarket $CZR $CACQ $BYD $FLL

$MRNS granted ODD for Ganaxolone for the treatment of Fragile X Syndrome

Xilinx $XLNX PT Raised to $70 at Argus http://streetinsider.com/r/12380126

Premarket: 5 things to know before the bell http://ift.tt/2hvF9Bm #money #market

http://money.cnn.com/2016/12/30/investing/premarket-stocks-trading/index.html?section=money_markets&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_markets+%28CNNMoney%3A+Markets%29

EPIC the Oil Algo firing on all cylinders.

Algo, Target, Oil

Algorithm target in site. Crude algo intra work sheet 154 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

If you are new to our trading service you should review recent blog posts and at minimum of our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. And you will notice quickly that the algos have been undeniably accurate on many time-frames (intra-day and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades). A quick hour of review at most will bring you up to date.

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Gainers:  Early Publication I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: I will update before market open or refer to chat room notices.

(3) Other Watch-List: $AGIO (recent wash-out), $SGY (recent swing), $CBMX (current swing), $JUNO (current swing), $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $URBN (previous wash-out on news).

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

S & P 500: $SPY $ES_F ($SPXL, $SPXS)

NA

As I wrote last week:

I wrote about resistance the algo alerted at 227.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

NA

Outlook:

As I wrote this and last week:

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events. SHORT $VIX SPIKES!

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

USDJPY

USDJPY Ignore Fib Calcs – Green arrows significant support and resistance.

Per previous:

Watching $USDJPY now close for a top. Symmetry is in play on the chart, there is some divergence (although not broke) and metals are starting to front-run.

USDJPY is getting close to symmetry on the chart from the last run up about two years ago – charting on deck in coming reports!!!

Per previous:

BE VERY CAREFUL LISTENING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

Try and ignore the fib marker’s / mad science calcs we are in the middle of and focus on the green arrows – we see those as significant support and resistance.

Major support and resistance (green arrows) – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Support, Resistance, Gold, Chart

Major support and resistance (green arrows) – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Per recent posts:

So we have started to see some action in Gold and Miners so it these are on high watch with me right now.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Silver $SI_F: $SLV ($USLV, $DSLV, $SILJ $SLX $EPU $EWZ)

Per previous;

Same with Gold and miners – on high watch.

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver: same

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Crude Oil FX : $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $UWT, $DWT, $CL_F)

Outlook:

Crude overnight is trading right below a major resistance and right near a MAJOR time/price cycle termination decision.

Per Previous:

Last week Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second and Friday Algo target was a near miss and this week Tuesday 4:30 hit and Wednesday just in to target but not a perfect hit (very tradeable though). Friday targets on charting BUT BE CAUTIOUS WITH FRIDAY TARGETS.

Trading Plan: Watching.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

Per Previous:

NA – I nailed the alerts in recent weeks with lift but didn’t trade t and don’t expect to anytime soon. Watching.

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics:  $MRNS, $XLNX, $IAG, $AUY, $GLD, $GDX, $NUGT, $JNUG, $SLV, $USLV, $UWT, $USDJPY, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGAS, $DWT, $SLV, $GLD, $DXY


Fri Dec 30, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to my new FX: $USOIL $WTI oil trade report. My name is EPIC the Oil Algo.

NOTICES:

CHARTING: There is a significant decision in price coming – watch notices close over coming days!

NEW SERVICE OPTIONS: My algorithmic modeling daily oil reports are now available separate of the 24 hour oil trade room / oil reports bundle.

CHARTING: Charts will be cluttered for a number of days with technicians processing multiple calculations for 2017 algorithmic models.  

ALERTS: We are having a technical coding issue with SMS text / email alert launch – will be resolved soon! For now we are emailing alerts as time allows.

MUST READ: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are viewing our algorithmic model charting it is a must read.

MULTI-USERS: Institutional / commercial platform now available.

PATENT PHASE: I am now in patent application phase. Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADE ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures early 2017. My sub service w incl 24 hr crude oil trade room.

PRICING: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 when my 24 hour futures trading room opens along with 24 hour live charting I will have a rate increase but as with recent the roll-over existing members will be grandfathered at locked-in current rates.

SOFTWARE: My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and this blog.

HOW MY ALGORITHM WORKS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency or bot type algorithm – I am represented on and used on a traditional trading chart as one would normally use as a probability indicator. The goal is to provide our trader’s with an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in the new year in our new 24 hour oil trading room).

Below you will find my simplified view of levels that can be used on a traditional chart (both intra-day and as a swing trader or investor). This work, and subsequent trading, should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on. Questions to; info@compoundtrading.com, message our lead trader on Twitter, or message a lead trader privately in the trade room.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Friday Dec 30, 2016.

https://www.tradingview.com/chart/USOIL/qFh94QBD-EPIC-the-OIL-ALGO-MEMBER-LIVE-CHART/

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 53.96 3:29 AM ET Dec 30, 2016. Some thoughts with respect to traditional charting that may help advance the trading edge:

Trading at 53.96 intra. Crude algo intra work sheet 327 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Crude Oil, $USOIL, Chart, Algo

Trading at 53.96 intra. Crude algo intra work sheet 327 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Multi Week Trading Range for Swing Trading:

Note: Be careful with the prices you see in the purple boxes on the right of the chart – they do not line up on chart for price action (they are for indicators).

Pay attention to the upward trending channel – you can enter long and sell in between the channel yellow lines as it trends. If price stays below the resistance then you trade the channel under that and if above a major support line same thing (yellow lines).

Price is currently trading above a horizontal support at 51.93 (yellow line) – watch this for support. Resistance is at 54.39. Review charts over the previous week on my blog to see yellow support and resistance lines and channel that I refer to.

Refer to my previous posts re: Green arrows on chart are highest probability trade entries for short or long positions – while crude is trading in upward channel (like it is) your probability is always higher going long until channel broken. Trading at outside of channel increases probability of success also.

Diagonal Trend Lines:

Diagonal trend-lines (blue). Diagonal trend-lines are critical inflection points. Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal blue trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link earlier in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

There is one right under and another a tad further under where crude is trading intra and they have been holding well in recent trade.

Price Action with 20, 50, 100, 200 MA

It is wise to study how the 20, 50, 100, 200 MA trade on each time-frame before trading oil related instruments. Below are a few examples.

Below is how oil has been trading with 20 MA on the 4 hour chart – fairly predictable buy / sell triggers. It is preferable to sell at the top of the move if you can time it and not wait for the 20 MA to trigger to downside. While crude is trading under 20 MA advantage is to short side and over advantage to long side. Keep in mind while trade remains in upward trending channel like it is now short side probability is lower than it would be otherwise.

Crude trading above 20 MA on 4 Hour. Crude algo intra work sheet 337 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

20 MA, Crude Oil, Chart

Crude trading above 20 MA on 4 Hour. Crude algo intra work sheet 337 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci Levels:

Watch these lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

There are fib levels on the chart below – but they may just confuse you more than anything. We are currently running calculations with our modeling on how fib levels relate to our targets and trade levels – so the chart below is more mad science than anything because this is simply a live shot of work we are in the middle of – and we understand the levels can be difficult to make out.

When you get a feel for how the fib levels reflect intra trading (which we cannot explain in short here) you will always have them on your chart in a similar manner.

Fibonacci. Crude algo intra work sheet 339 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci, Oil, Crude, Chart

Fibonacci. Crude algo intra work sheet 339 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Advanced Charting:

Respect support and resistance lines: If you can be patient and take your long and short positions against these yellow lines – that is your highest probability trading.

You will see a lot of noise on the charts over the next few weeks (algorithmic calculations of various types). Try and ignore for now.

Oil Time / Price Cycles:

There is a HIGH PROBABILITY of a time / price cycle change to the downside here. If it terminates to upside watch for support to hold.

Time Price Cycle Termination Possible Here. Crude algo intra work sheet 400 AM Dec 30 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Time, Price, Cyle, Termination, Crude, Oil

Time Price Cycle Termination Possible Here. Crude algo intra work sheet 400 AM Dec 30 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of things)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

Alpha Algo Trading Trend-Lines (Red dotted lines):

Per previous

There is a new alpha algo line on this chart and new algo targets for Tues, Wed and Friday this week.

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

Current Alpha Algo Targets (Red circles):

Due to multiple requests we will start publishing our targets weekly not only on the charts (with circles and algo lines) but also as numeric listed targets with associated probabilities for each target on each day again (we recently stopped doing this but a number of traders have requested we do this again so we will start again next week). You can see how I used to do this on my Twitter feed.

At Wednesday at 10:30 we had a target hit! Not right to center but in target zone.

Crude, Oil, Algo, Target, Hit

Called target zone hit 1030 AM Wed. Crude algo intra work sheet 410 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

So what is your most probable algo target for Friday 1:30 PM EST etc? Your closest target that crude is trending toward is always the most probable. Crude is currently trending toward a target (red circles on chart) Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

This week alpha algo targets are as follows (with associated hit probability – how many times out of 100 a hit is expected): FRI TARGETS ADJUSTED!

Wednesday 10:30 AM EST – 50.87 (3%), 53.53 (45%), 54.72 (56%), 55.22 (37%)

Friday 1:00 PM EST – 51.23 (2%), 54.06 (41%), 55.35 (32%), 56.32 (19%) 

Friday’s algo targets have not been near as predictable as Tues and Wed (shy of 80% now vs 90%+) and this Friday looks no different so be cautious with this Friday’s targets!

Algo, Target, Oil

Algorthm target in site. Crude algo intra work sheet 154 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel or whatever – also difficult to explain – WE ARE DOING A VERY DETAILED VIDEO ON THESE INDICATORS SOON THAT WILL SHOW IN MORE DETAIL.

The targets for this week are represented on the chart. Again, refer to the live charting I send you for this also or be in the trading room.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Oil Intra-Day Algo Trading Quadrants:

Processing now for release soon (you are seeing the beginning of them above in charts now) – I don’t think there are any real tight crude related snipers beyond our lead trader right now anyway – but nonetheless, we are getting these out – they take a lot of data processing to say the least. We’re almost there.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

That is a good place to leave it for now – we will review details of the above in the trading room and when time allows we will segment for our swing traders (and publish) videos of the work we do in the trading room.

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” soon, but it will be simply be a recap (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our blog and website. You can also send specific questions to our email inbox at info@compoundtrading.com – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

PS If you are not yet reviewing the daily post market trading results blog posts, please do so, they are on the blog daily and often there is information that also may assist your trading. Trade room transcripts (for example) may review topics pertinent to your trading.

 

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $USO, $UCO, $CL_F, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Thursday Dec 29 –  $IAG, $AUY, $JNUG, $NUGT, $KOOL, $MDSY, $FBIO, $TBIO, $CETX, $TRX, $DUST, $JUNO, $CBMX, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F and more.

Intro:

Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Notices:

New Service Options: We now also offer a stand-alone trading room option now (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00.

New Service Options: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Feature Post: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

Room Settings: We are testing fault settings for multiple trading rooms in 2017 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

Overview Perspective & Review of Chat Room, Algo Calls, Trades and Alerts:

Crude, Oil, Algo, Chart

Algorithm target in site. Crude algo intra work sheet 154 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Momentum Stocks Today:

Some of the note-ables we were on top of today were; $IAG, $AUY, $JNUG, $NUGT, $KOOL, $MDSY, $FBIO, $TBIO, $CETX, $TRX

$KOOL, Stock, Trade, Momentum

$KOOL momentum trade went well but left too much on the table.

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

Per yesterday (and days prior):

I need to exit $DUST and entered it and held because I was convinced USD/JPY would at minimum do a major spike up to end the rally – but not so lucky. $CBMX and $JUNO are holds in to spring if necessary – that was the plan anyway.

We are looking to volatility, bonds, metals and possibly bio at this point short / mid term – but the market will let us know.

The market has a tonne of inflection points now, Silver Gold and Miner’s woke up some today so things should get interesting soon with our algos that you can find here:

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Announcements in Trading Room:

08:54 am Curtis M : Morning! Gainers: $FBIO $ETRM $SHLD $CAPN $SMI $PBMD $DYN $NAK $DRAM $ANTH $TLK $SSL $NUGT $GFI $AUY $AU $MBLY $DRYS

Member PreMarket Newsletter Thurs Dec 29 $FBIO $ETRM $CBK $SHLD $NAK $PBMD $GLD $GDX $NUGT $SLV $USLV $UWT https://compoundtrading.com/premarket-newsletter-thurs-dec-29-fbio-etrm-cbk-shld-nak-pbmd-gld-gdx-nugt-slv-uslv-uwt/

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:15 am Mathew Waterfall : You guys are stuck with my screen for the first part of today and I am in some $NUGT at 7.35 pre market. Will let this run for a bit to see where Gold ends up
09:21 am Curtis M : $FBIO $GALT $ETRM are my opening bell watches
09:23 am Mathew Waterfall : I’m watching for a $CNAT bounce as well as a play in $GNRT and possibly $BCEI
09:25 am MarketMaven M : $KOOL $PBMD on my list too
09:28 am Mathew Waterfall : Just running through a few names there.
09:28 am Mathew Waterfall : Let’s see what this open brings
09:35 am Mathew Waterfall : I’m goig $GNRT long against LOD stop at 4.75. 4.87 purchase price for me
09:35 am Curtis M : Long $KOOL 1000 3.28
09:37 am Curtis M : $KOOL 3.435 3000
09:38 am Mathew Waterfall : $GNRT stop hit. arg
09:39 am Curtis M : 3.532 avg out 4000 $KOOL
09:46 am Mathew Waterfall : $NUGT making highs
09:50 am Mathew Waterfall : Won’t hesitate to get out of $NUGT for a quick win with the way it has been headfaking lately
09:51 am Curtis M : $CNAT $NXTD acion but no play
09:52 am Curtis M : $KOOL I had a hard time moving in with any size and chipping out so caution with volume today
09:53 am Curtis M : Great move in $NUGT but Im not convinced USDJPY done so Im missing out ugh
09:53 am Mathew Waterfall : Yepp I’ve seen the same thing with orders not getting filled
09:53 am Curtis M : Congrats Mat!
09:53 am Mathew Waterfall : I have a 10 cent trailer on $NUGT so it if gets whacked I’m still up large on it
09:54 am Mathew Waterfall : I won’t hold it overnight if somehow it doesn’t get hit today
09:55 am Mathew Waterfall : Also likely legging in to some $USLV. Small chunks as we try to find a bottom
09:56 am Mathew Waterfall : There’s stop on $NUGT. 7.35-7.77. I’ll take it for a win before 10
09:56 am Sammy T : Buying $CNAT on dips as possible
09:57 am Cara R : $ROX vol
10:01 am Mathew Waterfall : $AUy and $IAG on watch here. May start legging in to those as well
10:02 am Mathew Waterfall : USD/JPY rejected on backside of fib at 116.82. Good for gold
10:04 am coji j : $NVDA rocket
10:05 am Frank T : Banked on $KOOL cooool thanks!
10:06 am Frank T : $NUGT long
10:07 am Kipp W : scalpng nvda
10:07 am Mathew Waterfall : Got out of $NUGT a bit early lol. Might reenter on a pullback if we get one
10:07 am Mathew Waterfall : In both $IAG and $AUY small to start
10:12 am Curtis M : EIA on deck
10:13 am Curtis M : 11 am
10:16 am Curtis M : See some guys starting to short $KOOL here ummmm mot sure
10:18 am Mathew Waterfall : $KOOL ran on basically a rumor and a large buy. Would be cautious here
10:20 am Curtis M : $TX $IAG $AUY all interesting not as sure about $TRX – good calls Mat
10:23 am Mathew Waterfall : $GV also resuming the uptrend here. Like that name as wel
10:23 am Mathew Waterfall : I’m not getting overly excited about gold and miners here yet but starting to add a few and get interested for the first time in a while
10:27 am Mathew Waterfall : No volume out here for th most part. Other than the two play sposted and small miner swings it doesn’t look like I’m going to get much action
10:29 am Mathew Waterfall : Looking at a couple swing short tries here. Gone next week though so not looking to load the boat here
10:40 am Mathew Waterfall : $CTXS short try here. This name wants lover
10:41 am Mathew Waterfall : Swing entry so I’m not expecting O/N success. Playing against yearly high and legging in. Will add if it goes either direction most likely
10:46 am Carol B : In $ELGX some
10:46 am Mathew Waterfall : I would like to see $GDX get over the 50% fib at 22.1 beofre I get super confident here. Also has the 5- day at 21.91 and falling to hurdle which should happen about the same time the 9/15 make a bullish cross
10:52 am coji j : $SYRX small long side
10:53 am Mathew Waterfall : Finally getting out rounded top in USD/JPY? What do you think Curt? I say yes but I’ve had these thoughts beofre
10:53 am Curtis M : USDJPY I keep waiting for the finale lol
10:54 am Curtis M : Cost me a lot of money that little stupd bias
10:54 am Curtis M : missed trades
10:55 am Mathew Waterfall : If we can get back over 118.66 Then maybe more upside but this thing has run a lot so my bias is to the downside
10:55 am Curtis M : Ill start trading between fibs
10:55 am Mathew Waterfall : But looking at dec 2015 and jan 2016 you’re one more surprise theory does hold some weight
10:55 am Mathew Waterfall : It faded that jammed it up again in our faces at the end of jan before falling off quickly
10:56 am Curtis M : Kuroda mad man
10:58 am Jack D : All makes more sense now guys!
10:59 am Cindy L : I followed u on those Mat thanks!
11:00 am Carol B : awesome thanks guys!
11:02 am Mathew Waterfall : Totally forgot about numbers in crude this morning. Doesn’t look like we missed much over there as /CL is trying to stay even on the day
11:03 am Curtis M : Crude calm
11:03 am Curtis M : It will be untl machines back from beach
11:06 am Kipp W : $AGI $SYRX nice
11:13 am Curtis M : So when gold at that green arrow and back tested Im long a bunch of gold and miner related
11:18 am Mathew Waterfall : USD/JPY just rejected hard off of the 9 day on the 5′. Been under that all day
11:33 am Mathew Waterfall : USD/JPY got a little bounce. Looking for break of 116.225 there which chould give Gold the boost over 1170-1180 range
11:40 am Cara R : I was in at quad break 🙂
11:41 am lenore l : I was in 3 mins before but I see why ur waiting Curt
11:41 am lenore l : Mathew hit it perfect
11:42 am Curtis M : Yeah Mathew what a fricken great trade whoot whoot
11:42 am Mathew Waterfall : That premarket buying was the tip off for me.
11:43 am Mathew Waterfall : Will keep my $IAG and $AUY positions on a short leash and likely have the main gold screens up all day to keep an eye on things. I like Silver here as well $USLV working as well
11:44 am Mathew Waterfall : Buy was 11.68 when I noted it earlier this morning. Will add over HOD likely
11:44 am Mathew Waterfall : /SI needs to stay >16 or I’m out of that one
11:47 am Curtis M : 20 min break
11:52 am Mathew Waterfall : Indexes going red here. Should help the metals get boost. I expect some tax selling coming up with a mix of bond buying and gold/silver buying if this trend continues. We see 1180-1200 on gold and 22.1 on $GDX and I will get fully behind it
11:56 am Tyler H : Holy sh@t batman indicator dashboard there!!! bahaha whoa
11:56 am Curtis M : lol
11:57 am Curtis M : u can code it all too
11:58 am Curtis M : back in 10
11:59 am Mathew Waterfall : $USLV HOD and $TLT also working. I’m really expecting some heavy bond buying next week as big money does a little rebalancing.
12:01 pm Mathew Waterfall : 122.4 first level I’m looking for in $TLT. 50% fib and 5o day confluence if we get there next weekish
12:09 pm Mathew Waterfall : $OPXA on the rise. I’ve been waiting for this thing to break out. Sooner or later I will get my pop
12:15 pm Cara R : Here comes $OPXA
12:16 pm Paul M : $KATE crazy
12:18 pm John M : $TLT in good shape imo
12:18 pm Mathew Waterfall : Took a rung out of $OPXA at 1.07X. Hit it from mid 90;s and it’s bounced like this only to fall back this week. Will reload again in mi 90’s if it falls back
12:19 pm Mathew Waterfall : $IPCI also seeing some OK action today for another non metals name. Flood looks to be at 2.8 with a big buy there all morning
12:20 pm John M : $IPCI I have small position. I think it will explode eventually.
12:21 pm Mathew Waterfall : Same here. It doesn’t seem to be in a hurry but I like it long term
12:23 pm Cara R : $CBAK guys
12:24 pm Cara R : $GRBN $TBIO too
12:25 pm coji j : I would confirm $IPCI too – its going to go north soon
12:26 pm Curtis M : Hey guys – looks lke a good afternoon setting up – back from lunch but…
12:27 pm Curtis M : Mathew – I’ll be here watching but getting ready for media stuff that starts tomorrow and runs all Jan – of course I left it to last second lol – but I’ll be hre
12:27 pm Carol B : Post a list of stuff your booked on Curt
12:27 pm Mathew Waterfall : Sounds good. Just remember to smile and picture them naked or something like that
12:27 pm Curtis M : Ya ok Twitter and here Iw ill
12:28 pm Curtis M : I think Im only doing first one then Sartaj hopefully dong rest lololol
12:28 pm Curtis M : Socially deficit
12:32 pm Cara R : $NVDA more moves wow
12:33 pm Greg L : $XGTI vol
12:33 pm Mathew Waterfall : I’m also watching $MU and $AMD but can’t get too excited about going long here. I think they bounce but I’m not playing
12:33 pm lenore l : Big block on $SPY
12:34 pm Kipp W : $XGTI thats the PR deal done
12:35 pm Jack D : $DRAM r/g boys
12:36 pm Sammy T : $FNCX in some long for swing
12:44 pm Mathew Waterfall : $AUY add on this little pullback. Swing position holding for a month + unless we make new lows
12:45 pm Paul M : $NDEV loooking good
12:49 pm Jack D : In small $TLOG $NVDA $XGTI
12:51 pm coji j : $XGTI 19%
12:51 pm coji j : pop
12:52 pm coji j : $NVDA HOD
12:55 pm Mathew Waterfall : $KSS short looks nice here. Bear flag alerted to me. Also hate retail right now with everyone else failing
12:57 pm Mathew Waterfall : Rounded bottom into a bull flag look right there/cup and handle. $JNUG has the look
01:05 pm Mathew Waterfall : Bonds getting jiggy let’s do this!
01:05 pm Frank T : Your charting is creepy in a cool way curt
01:06 pm Curtis M : Ha hope creepy works
01:06 pm Curtis M : Interesting descrip Frank
01:07 pm Mathew Waterfall : MY GF started out calling me creepy now she’s stuck with me some sometimes it works out
01:07 pm Mathew Waterfall : Of course the one before her started the same way and ended with a restraining order so YMMV. /not serious
01:08 pm Paul M : good one! I think frank means curt has a way of knowing:)
01:08 pm Curtis M : its all in the moons hahaha
01:11 pm Mathew Waterfall : I kid you not, I saw some BS about trading with moon phases. Like this BS doesn’t stop. Moon phases tell you how to position yourself? Really?
01:11 pm Curtis M : ha
01:18 pm Cindy L : My $CETX gonna hit any moment
01:21 pm lenore l : $CETX looks really good
01:30 pm Frank T : Wow $XGTI
01:30 pm Mathew Waterfall : $XGTI with gaps on both sides I was just looking at that
01:30 pm Mathew Waterfall : Could fill up to 1.73, or keep going down lol
01:31 pm Frank T : Bonds James Bonds up
01:32 pm Curtis M : Royal family news chatter
01:34 pm Paul M : moar $XGTI here in again
01:36 pm lenore l : $IBTX Paul thats where you want moar
01:37 pm coji j : $OVAS waking
01:38 pm Curtis M : Too much winning
01:39 pm Curtis M : $AUY $IAG surprised no pull back of any consequence
01:39 pm Mathew Waterfall : Same here. I wanted to add more and was waiting for mid 80’s on both
01:40 pm Mathew Waterfall : that’s why I added at .945 on $AUY
01:40 pm Mathew Waterfall : Will still add more on a pullback though. Some with $USLV
01:43 pm Mathew Waterfall : In a couple thousand og $XGTI at 1.579 for a gap fill. tight trailer, not getting bruned on this
01:43 pm Mathew Waterfall : haha good timing!
01:44 pm Curtis M : https://twitter.com/topdowncharts/status/814536212404785156 bonds
01:45 pm Mathew Waterfall : Yepp I like it. We’re all seeing similar spreads it looks like. I love bonds here
01:46 pm Curtis M : I hate to be the guy…. but we’ve been spot on in here – the whole room has been actually for a few weeks
01:46 pm Frank T : Stupid on hehe
01:47 pm Mathew Waterfall : Of course things turn quickly but yea we are doing alright as of late lol
01:47 pm Mathew Waterfall : Stop at flat on $XGTI FYI
01:48 pm Curtis M : Sartaj publishing my PL tonight – hopefully Dec was ok – choppy
01:48 pm Curtis M : Jan gong to be massive tho
01:48 pm Mathew Waterfall : This whole month felt directionless and like I was chasing my tail for the trade of the day. I hate trading that way. new year should give some direction and trends
01:54 pm Curtis M : yup
01:57 pm Mathew Waterfall : I’m short $KSS here against last swing high. Target is down gap fill x2. Chart is something only a mother could love
01:57 pm Mathew Waterfall : Expect it to take a few weeks to get my target
01:58 pm Mathew Waterfall : Short at 49.8009 to be exact
02:03 pm Mathew Waterfall : End of year ramp starting a bit early. I’m basically striking tomorrow’s action form my memory and likely won’t be trading it
02:15 pm Jack D : BLOCK TRADE: $SPY 502,596 shares @ $224.38 [14:14:25]
02:17 pm Paul M : Long $OPK
02:18 pm Frank T : We banking on $CETX
02:19 pm Curtis M : $CETX great call guys
02:20 pm Mathew Waterfall : Nicely done on $CETX. My focus was elsewhere like playing $XGTI for a scratch lol
02:20 pm Curtis M : Lots of $SPY blocks
02:21 pm Mathew Waterfall : End of year positioning probably
02:21 pm Mathew Waterfall : Or Yellen trying like hell for once last ramp. Very possible
02:23 pm Curtis M : Plunge team for sure
02:23 pm Curtis M : When this USDKPY run is over that should be it imo
02:23 pm Curtis M : USDJPY
02:24 pm Mathew Waterfall : When you see thos huge buys and the huge green bars, you know what’s going on back there
02:24 pm Mathew Waterfall : Gold actually holding up werll in the face of it
02:25 pm Curtis M : 8 pm tonight 7am tomorrow 2:30 PM tomorrow 9 PM on the 1st take your pick
02:25 pm Mathew Waterfall : So start the new years partying today is what I hear you saying
02:25 pm Curtis M : lol hope Im right
02:28 pm Curtis M : Gold is saying tomorrow early afternoon IMO
02:29 pm Mathew Waterfall : Couldn’t crack it with that ramp and the miners still seeing bid support. All good IMO
02:30 pm Curtis M : Or Gold and miners could just go early too lol
02:31 pm Curtis M : Gold bulls could very easily front run
02:32 pm Mathew Waterfall : There’s a lot of pent up agrresion there and likely some late to the party shorts as usual. Plenty of stops to hit just above around 1200 I would think
02:32 pm Curtis M : $CDNX chart is lovely
02:37 pm Curtis M : If I wasn’t gong to hammer down wth everything I have and more on this turn in markets I’d buy and hold $CDNX – thats just me tho not an official call trade your plan lol
02:45 pm Jack D : Long some $VCEL
02:53 pm Curtis M : Guess if USDJPY gets one last pop I’ll pop outta $DUST ugh
02:59 pm lenore l : Long moar $NVDA
03:02 pm Mathew Waterfall : $NVDA play working nicely for those hwo took it. I pulled up the chart this morning and passed on my way to metals. Can’t win them all I guess
03:32 pm Curtis M : Well, calliing it a day – Ill leave room open until 4 pm – just doing homework. I will be on the @Benzinga #PreMarket Prep show tomorrow at 8:15 a.m. ET! Tune in here. if u wish u can DM me cheat note answers lol http://bit.ly/13QlghE
03:33 pm Frank T : cool k
03:33 pm coji j : fun! u will b fine
03:33 pm Curtis M : Thanks:) catcha in morning all
03:34 pm Sammy T : bye bye
03:34 pm Cara R : will check it out!
03:38 pm Mathew Waterfall : Have a good night all! See you tomorrow to cap of 2016
03:39 pm Mathew Waterfall : Goodluck tomorrow Curt. Wear black, I hear it’s slimming lol
03:39 pm Curtis M : 🙂
03:40 pm Curtis M : Im doing this one cause its only voice nobody will see me
03:40 pm Curtis M : Sartaj doing the others hahahaha
03:40 pm Mathew Waterfall : Ahh that’s easy then
03:40 pm Curtis M : yup

Article Topics: $IAG, $AUY, $JNUG, $NUGT, $KOOL, $MDSY, $FBIO, $TBIO, $CETX, $TRX, $DUST, $JUNO, $CBMX, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500


My Stock Trading Plan for Thursday Dec 29, 2016 in Trading Chat room.   $FBIO $ETRM $CBK $SHLD $NAK $PBMD $GLD $GDX $NUGT $SLV $USLV $UWT, $DWT, $USOIL, $WTI, $GOLD, $USD/JPY, $SPY, $SILVER, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

REVIEW: If you are not reviewing the post market trade reports along with this please do so. We assume our trading room subscribers do review it everyday and as such there will often be information in that report that is applicable to and not included in this premarket report. You will find the post market reports on our blog daily before this one is published.

Reporting Status: Another quickie guys and gals! Until all year-end algos are reset this week you can expect these premarket reports to be quick for now!

New Service Options: We now also offer a stand-alone trading room option now (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00.

New Service Options: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Feature Post: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

Room Settings: We are testing fault settings for multiple trading rooms in 2017 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

Current Holds:

$CBMX, $JUNO, $DUST(definitely looking for a way out on $DUST)

Market Outlook:

Today for me is all about metal equities (building list now) and ETF’s confirming and possible entries, watching volatility and the oil report (off a day because of holiday).

As mentioned previous, all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out before Jan 2017 trade.

EPIC the Oil Algo results from yesterday – Called target zone hit 1030 AM Wed. Crude algo intra work sheet 410 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Crude, Oil, Algo, Target, Hit

Called target zone hit 1030 AM Wed. Crude algo intra work sheet 410 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Morning Momo / News Bits:

Momo  $FBIO $ETRM $CBK $SHLD $NAK $PBMD

Time to watch the metals close and crude is on the move again! $UWT $GLD, $GDX, $NUGT, $SLV, $USLV, $AUMN, $ASM, $GRL, $VGZ, $NAK

#FDA rejects $CEMP #solithromycin NDAs
$CEMP DOWN Premarket Cempra Receives Complete Response Letter From FDA For Solithromycin NDAs http://finance.yahoo.com/news/cempra-receives-complete-response-letter-115500254.html #antibiotics #pharma #biotech

Amazon wins patent for flying warehouse http://seekingalpha.com/news/3232751-amazon-wins-patent-flying-warehouse.

Cheniere Energy executes contract with BG Shell http://seekingalpha.com/news/3232754-cheniere-energy-executes-contract-bg-shell

Before the Bell
Sprint in spotlight; Toshiba tanks again; Russia braces for U.S. sanctions http://money.cnn.com/2016/12/29/investing/premarket-stocks-trading/index.html?section=money_markets&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_markets+%28CNNMoney%3A+Markets%29

If you are new to our trading service you should review recent blog posts and at minimum of our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. And you will notice quickly that the algos have been undeniably accurate on many time-frames (intra-day and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades). A quick hour of review at most will bring you up to date.

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Gainers: $FBIO $ETRM $CBK $SHLD $NAK $PBMD $SSL $JNUG $AU $NUGT $SDRL $AUY $NG $USLV $TAHO $RBS $NOK $NVS  I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: I will update before market open or refer to chat room notices.

(3) Other Watch-List: $AGIO (recent wash-out), $SGY (recent swing), $CBMX (current swing), $JUNO (current swing), $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $URBN (previous wash-out on news).

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

S & P 500: $SPY $ES_F ($SPXL, $SPXS)

NA

As I wrote last week:

I wrote about resistance the algo alerted at 227.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

NA

Outlook:

As I wrote this and last week:

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events. SHORT $VIX SPIKES!

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Per previous:

Watching $USDJPY now close for a top. Symmetry is in play on the chart, there is some divergence (although not broke) and metals are starting to front-run.

USDJPY is getting close to symmetry on the chart from the last run up about two years ago – charting on deck in coming reports!!!

Per previous:

BE VERY CAREFUL LISTENING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

Per recent posts:

So we have started to see some action in Gold and Miners so it these are on high watch with me right now.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold, Miners, Silver Trade: $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Silver $SI_F: $SLV ($USLV, $DSLV, $SILJ $SLX $EPU $EWZ)

Per previous;

Same with Gold and miners – on high watch.

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver: same

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Gold, Miners, Silver Trade: $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Crude Oil FX : $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $UWT, $DWT, $CL_F)

Outlook:

Crude overnight is trading right below a major resistance.

Per Previous:

Last week Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second and Friday Algo target was a near miss and this week Tuesday 4:30 hit and Wednesday just in to target but not a perfect hit (very tradeable though). Friday targets on charting BUT BE CAUTIOUS WITH FRIDAY TARGETS.

Trading Plan: Watching.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

Per Previous:

NA – I nailed the alerts in recent weeks with lift but didn’t trade t and don’t expect to anytime soon. Watching.

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics: $FBIO, $ETRM, $CBK, $SHLD, $NAK, $PBMD, $GLD, $GDX, $NUGT, $SLV, $USLV, $UWT, $USDJPY, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGAS, $DWT, $SLV, $GLD, $DXY


Thurs Dec 29, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to my new FX: $USOIL $WTI oil trade report. My name is EPIC the Oil Algo.

NOTICES:

NEW SERVICE OPTIONS: My algorithmic modeling daily oil reports are now available separate of the 24 hour oil trade room / oil reports bundle.

CHARTING: Charts will be cluttered for a number of days with technicians processing multiple calculations for 2017 algorithmic models.  

ALERTS: We are having a technical coding issue with SMS text / email alert launch – will be resolved soon! For now we are emailing alerts as time allows.

MUST READ: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are viewing our algorithmic model charting it is a must read.

MULTI-USERS: Institutional / commercial platform now available.

PATENT PHASE: I am now in patent application phase. Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADE ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures early 2017. My sub service w incl 24 hr crude oil trade room.

ACCESS: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 when my 24 hour futures trading room opens along with 24 hour live charting I will have a rate increase but as with recent the roll-over existing members will be grandfathered at locked-in current rates.

SOFTWARE: My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and this blog.

HOW MY ALGORITHM WORKS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency or bot type algorithm – I am represented on and used on a traditional trading chart as one would normally use as a probability indicator. The goal is to provide our trader’s with an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in the new year in our new 24 hour oil trading room).

Below you will find my simplified view of levels that can be used on a traditional chart (both intra-day and as a swing trader or investor). This work, and subsequent trading, should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on. Questions to; info@compoundtrading.com, message our lead trader on Twitter, or message a lead trader privately in the trade room.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Thursday Dec 29, 2016.

https://www.tradingview.com/chart/USOIL/GYbCMwh8-EPIC-the-OIL-ALGO-MEMBER-CHART/

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 53.91 4:28 AM ET Dec 29, 2016. Some thoughts with respect to traditional charting that may help advance the trading edge:

Crude, Oil, Algo

Crude algo intra work sheet 428 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Multi Week Trading Range for Swing Trading:

Note: Be careful with the prices you see in the purple boxes on the right of the chart – they do not line up on chart for price action (they are for indicators).

Pay attention to the upward trending channel – you can enter long and sell in between the channel yellow lines as it trends. If price stays below the resistance then you trade the channel under that and if above a major support line same thing (yellow lines).

Price is currently trading above a horizontal support at 51.93 (yellow line) – watch this for support. Resistance is at 54.39. Review charts over the previous week on my blog to see yellow support and resistance lines and channel that I refer to.

Refer to my previous posts re: Green arrows on chart are highest probability trade entries for short or long positions – while crude is trading in upward channel (like it is) your probability is always higher going long until channel broken. Trading at outside of channel increases probability of success also.

Diagonal Trend Lines:

Diagonal trend-lines (blue). Diagonal trend-lines are critical inflection points. Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal blue trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link earlier in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

There is one right under and another a tad further under where crude is trading intra and they have been holding well in recent trade.

Price Action with 20, 50, 100, 200 MA

It is wise to study how the 20, 50, 100, 200 MA trade on each time-frame before trading oil related instruments. Below are a few examples.

Below is how oil has been trading with 20 MA on the 4 hour chart – fairly predictable buy / sell triggers. It is preferable to sell at the top of the move if you can time it and not wait for the 20 MA to trigger to downside. While crude is trading under 20 MA advantage is to short side and over advantage to long side. Keep in mind while trade remains in upward trending channel like it is now short side probability is lower than it would be otherwise.

Crude trading well above 20 MA on 4 Hour. Crude algo intra work sheet 438 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Crude, Oil, 20 MA

Crude trading well above 20 MA on 4 Hour. Crude algo intra work sheet 438 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci Levels:

Watch these lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

There are fib levels on the chart below – but they may just confuse you more than anything. We are currently running calculations with our modeling on how fib levels relate to our targets and trade levels – so the chart below is more mad science than anything because this is simply a live shot of work we are in the middle of – and we understand the levels can be difficult to make out.

When you get a feel for how the fib levels reflect intra trading (which we cannot explain in short here) you will always have them on your chart in a similar manner.

Fibonacci. Crude algo intra work sheet 457 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci, Crude, Oil, Chart

Fibonacci. Crude algo intra work sheet 457 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Advanced Charting:

Respect support and resistance lines: If you can be patient and take your long and short positions against these yellow lines – that is your highest probability trading.

You will see a lot of noise on the charts over the next few weeks (algorithmic calculations of various types). Try and ignore for now.

Oil Time / Price Cycles:

Time / price cycles are on hold for remainder of week because of the holiday and change in oil reporting days / times – oil is not trading as predictable as most weeks as a result.

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of things)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

Alpha Algo Trading Trend-Lines (Red dotted lines):

Per previous

There is a new alpha algo line on this chart and new algo targets for Tues, Wed and Friday this week.

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

Current Alpha Algo Targets (Red circles):

Due to multiple requests we will start publishing our targets weekly not only on the charts (with circles and algo lines) but also as numeric listed targets with associated probabilities for each target on each day again (we recently stopped doing this but a number of traders have requested we do this again so we will start again next week). You can see how I used to do this on my Twitter feed.

At Wednesday at 10:30 we had a target hit! Not right to center but in target zone.

Crude, Oil, Algo, Target, Hit

Called target zone hit 1030 AM Wed. Crude algo intra work sheet 410 AM Dec 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

So what is your most probable algo target for Friday 1:30 PM EST etc? Your closest target that crude is trending toward is always the most probable. Crude is currently trending toward a target (red circles on chart) Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

This week alpha algo targets are as follows (with associated hit probability – how many times out of 100 a hit is expected): FRI TARGETS ADJUSTED!

Wednesday 10:30 AM EST – 50.87 (3%), 53.53 (45%), 54.72 (56%), 55.22 (37%)

Friday 1:00 PM EST – 51.23 (2%), 54.06 (41%), 55.35 (32%), 56.32 (19%) 

Friday’s algo targets have not been near as predictable as Tues and Wed (shy of 80% now vs 90%+) and this Friday looks no different so be cautious with this Friday’s targets!

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel or whatever – also difficult to explain – WE ARE DOING A VERY DETAILED VIDEO ON THESE INDICATORS SOON THAT WILL SHOW IN MORE DETAIL.

The targets for this week are represented on the chart. Again, refer to the live charting I send you for this also or be in the trading room.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Oil Intra-Day Algo Trading Quadrants:

Processing now for release soon (you are seeing the beginning of them above in charts now) – I don’t think there are any real tight crude related snipers beyond our lead trader right now anyway – but nonetheless, we are getting these out – they take a lot of data processing to say the least. We’re almost there.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

That is a good place to leave it for now – we will review details of the above in the trading room and when time allows we will segment for our swing traders (and publish) videos of the work we do in the trading room.

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” soon, but it will be simply be a recap (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our blog and website. You can also send specific questions to our email inbox at info@compoundtrading.com – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

PS If you are not yet reviewing the daily post market trading results blog posts, please do so, they are on the blog daily and often there is information that also may assist your trading. Trade room transcripts (for example) may review topics pertinent to your trading.

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $USO, $UCO, $CL_F, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP, Chart, Algorithm, Indicators, Trading Room, Fibonacci, Algo, Targets


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Wednesday Dec 28 – $KATE $UWT $GALE $DRAM $MSDI $DUST $JUNO $CBMX $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F and more.

Intro:

Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Notices:

New Service Options: We now also offer a stand-alone trading room option now (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00.

New Service Options: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Feature Post: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

Room Settings: We are testing fault settings for multiple trading rooms in 2017 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

Overview Perspective & Review of Chat Room, Algo Calls, Trades and Alerts:

$GALE I nailed with morning momentum with an add – wish the entries were larger – then I gave a lot of that back to the market with a botched $UWT trade. $UWT entry was fine – my exit was poor at pit close in the down I held – a no no trading oil related unless you are trading with a conviction to hold in the uptrend (as oil is trading now). But I was concerned with the uptrend because we were close to resistance and a previous high and my plan was a tight trade but I didn’t execute a tight departure. So that was a mistake. You can always re-enter. Cut quick.

Members in our room did well with $KATE and a few other plays. I was on top of $KATE just preoccupied so didn’t take a trade. Mathew was on top of $GDX miners, bonds, $TLT, and various other plays. Fairly active room considering market. Great team.

Momentum Stocks Today:

Symbol Company Name Price Change %
MSDI Monster Digital, Inc. 2.15 +0.93 +76.50%
ZCZZT ZCZZT 22.80 +4.95 +27.73%
GALTU Galectin Therapeutics Inc. – Un 2.12 +0.46 +27.71%
DRAM Dataram Corporation 2.42 +0.51 +26.70%
CNTF China Techfaith Wireless Communication Technology Limited 1.99 +0.39 +24.13%
KATE Kate Spade & Company 17.86 +3.35 +23.09%
GALE Galena Biopharma, Inc. 2.38 +0.42 +21.43%
ARWA Arowana Inc. 11.77 +1.87 +18.89%
FNCX Function(x) Inc. 3.05 +0.48 +18.68%
MPET Magellan Petroleum Corporation 11.45 +1.57 +15.89%

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

I need to exit $DUST and entered it and held because I was convinced USD/JPY would at minimum do a major spike up to end the rally – but not so lucky. $CBMX and $JUNO are holds in to spring if necessary – that was the plan anyway.

We are looking to volatility, bonds, metals and possibly bio at this point short / mid term – but the market will let us know.

The market has a tonne of inflection points now, Silver Gold and Miner’s woke up some today so things should get interesting soon with our algos that you can find here:

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Announcements in Trading Room:

09:15 am Curtis M : When market opens I will look at momo and then Oil, Gold, Silver, etc. Momo: $LIVE, $GALE, $OCRX, $MICT, $SINO, $IRG $ESEA $ORIG $CEMP $RADA

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:21 am Mathew Waterfall : $OCRX gapped without me. Broke down the chart and had an alert right over yesterdays HOD. Debating a chase here
09:32 am Curtis M : Long $GALE 2.75 1000
09:35 am Curtis M : Add 3.25 1000
09:35 am Curtis M : Out 2000 3.28

$GALE, Stocks, Trade, Daytrading

$GALE Trade went well today in room. Entry, add, exit for morning momentum stock trade. Daytrading stock results. Compound Trading. #stocks

09:39 am Mathew Waterfall : Out a chunk of $DRAM at 2.11
09:39 am Mathew Waterfall : From 1.71 entry
09:40 am Drew M : $ATVI momo
09:42 am Mathew Waterfall : cKISED htgc 14.31 FROM 14.06. Making some room on the board here
09:44 am Curtis M : OIL looking for break 54.39 to upside
09:44 am Mathew Waterfall : Whoa not sure what happened on that last note. Meant closed $HTGC
09:47 am John M : Short $QCOM
09:48 am Jack D : $CPAH jig
09:50 am Mathew Waterfall : OUt another rung of $DRAM. Small position left on trailer. 10 cent trail for last lot
09:52 am MarketMaven M : $UUUU on the move this morning
09:52 am MarketMaven M : and $CLF
09:54 am Mathew Waterfall : $CLF nice open. $DRAM is a rocket lol
10:01 am Curtis M : Crude I am going to watch 10:30 and likely take position if I can get some volatility
10:10 am Mathew Waterfall : Our old find GDX now green. my $GV play is a gold play and what I meant yesterday about starting small
10:16 am Dani M : $MPET 52 week hihg
10:21 am Carol B : $DRAM bit it hard
10:22 am OILK K : $CYCC poppong
10:22 am Mathew Waterfall : $CYCC should get some legs with continued volume
10:23 am Clive M : $IPDN momentum
10:24 am Curtis M : Carful w $PDN – not saying it wont go but… super low float
10:25 am Curtis M : 10:30 on dck
10:26 am Clive M : $MBRX got slapped
10:32 am Mathew Waterfall : $BTX swing entry. Playing against the 10 day with a 10 cent stop t .7 right under the 10
10:34 am Mathew Waterfall : Wouldn’t the report be out tomorrow with the holiday monday?
10:38 am Curtis M : LOL Yup Mat tomorrow – sleep I need sleep
10:41 am Clive M : Waching shippers this morning for afternoon play
10:43 am Michael P : Scalping $LIVE – action decent
10:52 am Jack D : market dead died doh
10:53 am Mathew Waterfall : Out $GV at 5.13 from 4.9ish. Broker deleted my entry price which is great. Will revisit if it can clear 5.2 yesrerdays high
10:54 am MarketMaven M : $CYCC going to rocket soon
10:55 am Mathew Waterfall : Looks like $CYCC already is
11:05 am Curtis M : $CYCC yup rocket wwatching $GALE
11:06 am Mathew Waterfall : $CYCC short setting up
11:07 am Mathew Waterfall : 6.19-6.2 with a short stop may be my play if we get there
11:10 am Mathew Waterfall : And there we go. Almost hit my target. Hit .18 and now backing off
11:13 am Mathew Waterfall : $CYCC if it can get south of .75 should see 10 day on the 5′
11:13 am Mathew Waterfall : ~5.45
11:19 am Mathew Waterfall : Next week $TZA 21 calls. Cheap and should get some play if we see a repeat of last year will selling the next few days
11:19 am Mathew Waterfall : I’m out next week though so exit if up to you if you take this trade as I may not be able to post
11:22 am Mathew Waterfall : Almost made the 10 day on that $CYCC short entry. I didn’t get my fill, rooking move having sell over at 6.2, should have had it down a couple of cents as everyone was lined up at the same level and thus it never made it there
11:23 am Curtis M : ugh
11:24 am Mathew Waterfall : Good practice if nothing else. NEXT!
11:24 am Curtis M : ye
11:25 am Curtis M : USDJPY still has to do one big peak coming soon
11:26 am Curtis M : yup crystal ball lol
11:28 am Mathew Waterfall : I would like that for a gold entry. $DUST would also like that lol
11:32 am Curtis M : Long $UWT
11:32 am Curtis M : 1000 start
11:32 am Curtis M : Tight
11:38 am Mathew Waterfall : $GV looks nice here but I’m staying out for now
11:42 am Darni T : $GV a winner imo good good
11:43 am Mathew Waterfall : BT as mentioned earlier had a trailer on $DRAM out a $2.68. Nice winner would revisit back in the 1’s in the coming weeks
11:44 am Michael P : $NVLS HOD and watching
11:44 am John M : on my screen to Mike
11:45 am Curtis M : OIL could fail not great action
11:45 am Curtis M : I WANT THE MACHINES BACK
11:45 am Dani M : $CSBR long
11:46 am Mathew Waterfall : $NVLS looks good. VWAP at 2.2 key there IMO
12:06 pm Sammy T : $MXL.V vol
12:11 pm Mathew Waterfall : Not much getting me too excited out here today. After the $DRAM pop nothing has been looking too constructive
12:15 pm Curtis M : slow
12:24 pm Mathew Waterfall : Liking bonds here actually. Consolidating along a fib support. Rounded bottom possible especially with market weakness
12:25 pm Mathew Waterfall : Rally got started 12/30 of last year so that is also a possibility this year
12:25 pm Curtis M : hmmm
12:25 pm MarketMaven M : yessir
12:26 pm Mathew Waterfall : $TLT Jan20 124 calls. Small and cheap to start
12:27 pm Mathew Waterfall : 122.4 next level up. 127 poss
12:27 pm Michael P : $ANY near hod
12:29 pm Mathew Waterfall : 1/20 was swing high in $TLT last jan if anyone wondering why I took that strike
12:34 pm Curtis M : $KATE halt
12:41 pm Darni T : Long $KATE at 1626 but looks toppy now
12:42 pm Darni T : Maybe not
12:42 pm Clive M : i am out now darni
12:42 pm Clive M : just in time bahaha
12:43 pm Curtis M : $KATE shoulda – way to go guys.
12:44 pm Jack D : a few gals in there too yo
12:44 pm Jack D : drew?
12:44 pm Mathew Waterfall : Well done whoever caught that male female or otherwise
12:44 pm Jack D : I’m stuck
12:45 pm John M : I banked on it – out thanks for the alertz it shud still rock n roll
12:45 pm Curtis M : I wont chase it now
12:46 pm Cindy L : I got a short on $NFLX covered now
12:46 pm Cindy L : no $KATE here
12:51 pm MarketMaven M : Short $KATE now looks decent
12:52 pm Mathew Waterfall : I was just thinking that MarketMM
12:52 pm MarketMaven M : yup
12:52 pm Mathew Waterfall : I’m probably sitting on my hands for the rest of thr week, maybe some downside plays but the market feels like it wants down from here
12:52 pm Mathew Waterfall : I’m content to let it figure our a direction and not forcing anything
12:53 pm Mathew Waterfall : Still holding some swings of course
12:54 pm Curtis M : I need to find a way out of $DUST lol might have to bite – have a few swings and if oil gets up over res I’m hammering down if not gonna cut around pit close or sooner
12:56 pm Mathew Waterfall : Yepp. Gotts say I’m feeling the downside move a bit more over the past week so gold might see some upword action. Coupled with the JPY coming off and it could get moving in a hurry
12:57 pm Michael P : everybody in maket confused now i think
12:58 pm Curtis M : Oil gonna pop or drop guys
12:59 pm Curtis M : 70 / 30 on my side:)
01:00 pm Curtis M : whoa $KATE surprise
01:00 pm Curtis M : Instit $ in there likely
01:03 pm Curtis M : Crude decision time soon
01:10 pm Curtis M : This could be it – loading
01:19 pm Curtis M : need the machines back ugh
01:19 pm Curtis M : here we go for another try
01:22 pm Mathew Waterfall : $TLT and the bonds making it happen here. Let’s do it
01:23 pm Curtis M : Ground zero here today
01:24 pm Curtis M : Not a time for beginners
01:26 pm Mathew Waterfall : uh yea you can say that again lol. Next few months aren’t going to be the easy street of most of 16
01:28 pm Sammy T : Scaling in 3000 $UWTI as back test confirms
01:28 pm Sammy T : That good Curt?
01:29 pm Curtis M : Ya thanks Sam
01:29 pm Curtis M : U took me up without letting me know appreciate that I lost my original stno
01:33 pm OILK K : I can do alerts too for you and Mat whenerver you guys need help.
01:38 pm Curtis M : Thanks for the assitance with alerts Sam and Kal – Mat hew and I will call on ya as needed
01:39 pm Curtis M : With pit close coming I am gong to try and hold even tho serious resistance up ahead
01:43 pm MarketMaven M : $CDNX long
01:45 pm Sammy T : Like OIL here Curt looks bullish
01:48 pm Darni T : $NVDA decent short
01:51 pm Curtis M : Mathew – anything decent out there?
01:51 pm Curtis M : Keep your $UWT on a short leash folks
01:52 pm Mathew Waterfall : Not much moving on my end really. Sacnning for small pharma moves like yesterday and no dice after the opening period
01:52 pm Mathew Waterfall : Looking at longer term charts currently which is what landed me on the $TLT train of thought
01:52 pm Curtis M : You read my mind – was thinking pharma for EOD
01:52 pm Mathew Waterfall : Option data also light today. Not many sweeps coming through as to be expected in the end of the year
01:53 pm Mathew Waterfall : I like pharma into next year. About the only sector I really like right now
01:54 pm Mathew Waterfall : Looking for a pop in $OPXA and $AMPE. Both solid off the lows looking for a $CNAT type move in both
01:57 pm Mathew Waterfall : $FH looks decent. Nice expanding colume but at best a grinder higher
01:58 pm Curtis M : While slow I may as well mention thanks for the DMs on the assistance in the room – we’ll reach out early January – we’ve limited number of people till next week when guys are in room helping Mathew and I and media starts Fri so new year new peeps and yup we’ll reach out – thx!
02:02 pm Curtis M : Good call on $GDX Mathew – you’ve been all over that – could be a bg move
02:03 pm Mathew Waterfall : Thanks still watching and have it in a similar range. Breakout should be vicious but not going to rush into it
02:20 pm Curtis M : Careful around pit close here oil related longs
02:25 pm Curtis M : holding – but close
02:27 pm Curtis M : acton not the best hahahahaha jeez
02:27 pm Curtis M : watch out could get bad
02:32 pm Curtis M : terrible but Iheld
02:33 pm Curtis M : If price loses that white line (quadrant) Im out for loss
02:34 pm Mathew Waterfall : Stopped on $BTW. 10 cent loser on that swing attempt. Chop chop day out there
02:34 pm Mathew Waterfall : $BTX that is. Thinking about 2 tickers at once
02:42 pm Curtis M : Wellll uggh anyway so I got scaled in for a total of 1800 $UWT and will hold 2/3 overnight if it holds here – only reason my tolerance high is the upward channel we’re in
02:49 pm Mathew Waterfall : $OPXA trying here. Thought $HK might go but it’s just sat there sense running so not touching that play
02:50 pm Curtis M : $OPXA some otheres on social saying same thing (good traders lol)
02:51 pm Mathew Waterfall : You’ve found my alternate accounts it looks like lol
02:51 pm Mathew Waterfall : I haven’t seen much so that’s comforting
02:56 pm Curtis M : Sorry went on a Twitter rant
02:56 pm Carol B : ya reading it bursting
02:56 pm Curtis M : Im a terrible loser
02:57 pm Mathew Waterfall : hahaha this is a good game for people like us who hate to lose
02:58 pm Mathew Waterfall : Will only make you work harder
02:58 pm Curtis M : Just hate it – grew up in that era where we didn’t get trophies for losing haha
03:01 pm Mathew Waterfall : Missed the boat on $ICPT dang
03:02 pm Mathew Waterfall : Going crazy
03:03 pm Curtis M : wtf
03:07 pm Mathew Waterfall : $DRAM remaining super strong here as well. Surprising based off of the way it has acted I was looking for a pullback
03:08 pm Curtis M : back in 5
03:12 pm Curtis M : charts are messed will have to fix later
03:13 pm Darni T : that msdi is a rocket
03:14 pm Mathew Waterfall : IWM inside and up on the 30 but weak so far. Market looks tired and wants to go down to me
03:16 pm OILK K : $KATE wow HOD
03:18 pm Carol B : $IOTS nice chart guys
03:20 pm Mathew Waterfall : Just looking at $IOTS. I’m interested over 2.2 swing high potentially
03:20 pm Mathew Waterfall : $DRAM type play possible
03:20 pm Darni T : Could go
03:21 pm Darni T : I’m watching $REN if you can believe it for long possible
03:21 pm Carol B : $REN? I see. $IOTS looks good darni
03:22 pm Darni T : And looking at long $SPY
03:22 pm Carol B : May as well go all in and go long oil with Curt
03:24 pm Darni T : $GNRT
03:25 pm Darni T : $GNRT going to the moon soon.
03:25 pm Mathew Waterfall : Long $SPY you saY? Goodluck Darni
03:26 pm Darni T : Just window shopping
03:27 pm Mathew Waterfall : I want to think we are going higher, but I have 0 confidence in that
03:27 pm Carol B : Wisdom
03:29 pm Mathew Waterfall : At best in a week like this we see a grind higher. Worse we can see a lot of downward momentum if sellers get after it in absense of volume
03:29 pm Mathew Waterfall : Staircase up, elevator down effect
03:31 pm Mathew Waterfall : For $SPY levels I have it riding a trendline down. Fibs at 223.6 and 220.69. Trendline would get us to first target Friday
03:32 pm Curtis M : Out $UWT loss fark – 1800 shares total – didn’t get fills I wanted for 1 + 3K 
03:33 pm Mathew Waterfall : $AFCO looks nice for a breakout here
03:34 pm Dani M : $AFCO I was watching also
03:35 pm Mathew Waterfall : I’m waiting to see a close and open tomorrow. Blue sky above though
03:38 pm Curtis M : Mathew – we may get the turn – could be metals mania etc for a while
03:39 pm Darni T : You guys on are on it. Darni needs to keep window shopping.
03:40 pm Darni T : I didnt enter anything yet – you may have convinced the pro Darni trader now.
03:40 pm Mathew Waterfall : I was just looking at NUGT options lol
03:40 pm Darni T : Looks bad I can admit it CAROL
03:40 pm Carol B : Looks like a turn.
03:41 pm Mathew Waterfall : My $TLT play is working well. I’m going to watch the BOJ overnight antics. If we can break that chart I’ll start adding in metals and miners
03:41 pm Carol B : Darni – you will just 4x enter what Curt and Mathew do anyway – I got you figured out.
03:42 pm Carol B : Look at $SPY
03:42 pm Mathew Waterfall : $IWM tried the inside and up, only to get slammed
03:42 pm Mathew Waterfall : 134.81 breaks. C ya later!
03:44 pm Carol B : I will do metal and miners research tonight guys.
03:44 pm Carol B : Darni you too
03:49 pm Mathew Waterfall : Watching metals tonight and bonds. Will look ti increase my position there if we get the bounce I expect. Puts all around top of mind as well if we see any continuation of the selling here
03:50 pm Curtis M : Me – I am just axcted about a possible turn – trends are where we make the money.
03:51 pm Mathew Waterfall : Some kind of direction would be nice after last couple of weeks. Chop city sucks
03:51 pm Curtis M : Been tough for sure – I though it was just me haha
03:54 pm Mathew Waterfall : December is always a rough one for me as well. Light volume, rebalancing, tax selling ect
03:54 pm Curtis M : ya
03:55 pm Curtis M : edit this plz lol
03:56 pm Darni T : That was a great chat you guys:)
03:56 pm Darni T : Goodnight Carol!
03:56 pm Darni T : Goodnight all
03:56 pm Curtis M : See you Darni
03:57 pm Carol B : Do your homework
03:57 pm Cindy L : Buy guys
03:58 pm Mathew Waterfall : Have a good night all.
03:58 pm darni p : You too Mathew
03:58 pm Clive M : peace
03:59 pm Clive M : grandson taught me that
03:59 pm Curtis M : See yall tomorrow

Article Topics: $KATE, $UWT, $GALE, $DRAM, $MSDI, $DUST, $JUNO, $CBMX, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500

 


My Stock Trading Plan for Wednesday Dec 28, 2016 in Trading Chat room.  $OCRX, $GALE, $RADA, $GGB, $ORIG, $CEMP, $BBL $GLD $GDX $NUGT $SLV $USLV $UWT $AUMN, $ASM, $GRL, $VGZ, $NAK $DWT, $USOIL, $WTI, $GOLD, $USD/JPY, $SPY, $SILVER, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

REVIEW: If you are not reviewing the post market trade reports along with this please do so. We assume our trading room subscribers do review it everyday and as such there will often be information in that report that is applicable to and not included in this premarket report. You will find the post market reports on our blog daily before this one is published.

Reporting Status: Another quickie guys and gals! Until all year-end algos are reset this week you can expect these premarket reports to be quick for now!

New Service Options: We now also offer a stand-alone trading room option now (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00.

New Service Options: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Feature Post: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

Room Settings: We are testing fault settings for multiple trading rooms in 2017 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

Current Holds:

$CBMX, $JUNO, $DUST(definitely looking for a way out on $DUST)

Market Outlook:

As mentioned previous, all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out this week (Gold and oil out last night).

Morning Momo / News Bits:

Momo $OCRX, $GALE, $RADA, $GGB, $ORIG, $CEMP, $BBL $JDST $VALE $RIO $DGAZ $URA $YELP

8:55
Redbook Chain Store Sales

10:00
Pending Home Sales

11:30
2-Year FRN Auction

1:00 PM
5-Year Note Auction

Time to watch the metals close and crude is on the move again! $UWT $GLD, $GDX, $NUGT, $SLV, $USLV, $AUMN, $ASM, $GRL, $VGZ, $NAK

PREMARKET, Metals, Crude

Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom,

If you are new to our trading service you should review recent blog posts and at minimum of our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. And you will notice quickly that the algos have been undeniably accurate on many time-frames (intra-day and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades). A quick hour of review at most will bring you up to date.

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter ans Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Gainers: $OCRX, $RADA, $GGB, $ORIG, $CEMP, $BBL $JDST $VALE $RIO $DGAZ $URA $YELP   I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: I will update before market open or refer to chat room notices.

(3) Other Watch-List: $AGIO (recent wash-out), $SGY (recent swing), $CBMX (current swing), $JUNO (current swing), $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $URBN (previous wash-out on news).

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

S & P 500: $SPY $ES_F ($SPXL, $SPXS)

It’s looking like in futures overnight we’re going to get some lift Wednesday.

As I wrote last week:

I wrote about resistance the algo alerted at 227.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

NA

Outlook:

As I wrote this and last week:

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events. SHORT $VIX SPIKES!

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Watching $USDJPY now close for a top. Symmetry is in play on the chart, there is some divergence (although not broke) and metals are starting to front-run.

Per previous:

USDJPY is getting close to symmetry on the chart from the last run up about two years ago – charting on deck in coming reports!!!

Per previous:

BE VERY CAREFUL LISTENING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

So we have started to see some action in Gold and Miners so it these are on high watch with me right now.

Per recent posts:

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold, Miners, Silver Trade: $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Silver $SI_F: $SLV ($USLV, $DSLV)

Same with Gold and miners – on high watch.

Per previous;

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver: same

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Gold, Miners, Silver Trade: $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Crude Oil FX : $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $UWT, $DWT, $CL_F)

Outlook:

Crude overnight is trading right below a major resistance.

Per Previous:

Last week Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second and Friday Algo target was a near miss and this week Tuesday 4:30 hit and Wednesday just in to target but not a perfect hit (very tradeable though). Friday targets on charting BUT BE CAUTIOUS WITH FRIDAY TARGETS.

Trading Plan: Watching for a break to upside of resistance with volume for a long entry in $UWT today!

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

NA – I nailed the alerts in recent weeks with lift but didn’t trade t and don’t expect to anytime soon. Watching.

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics: $OCRX, $RADA, $GGB, $ORIG, $CEMP, $BBL, $GLD, $GDX, $NUGT, $SLV, $USLV, $UWT, $AUMN, $ASM, $GRL, $VGZ, $NAK, $USDJPY, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGAS, $DWT, $SLV, $GLD, $DXY


Wed Dec 28, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to my new FX: $USOIL $WTI oil trade report. My name is EPIC the Oil Algo.

As I am writing this update, crude oil just did this:

Crude, Oil, $USOIL, Chart

Crude algo intra work sheet 319 AM Dec 28 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

NOTICES:

NEW SERVICE OPTIONS: My algorithmic modeling daily oil reports are now available separate of the 24 hour oil trade room / oil reports bundle.

CHARTING: Charts will be cluttered for a number of days with technicians processing multiple calculations for 2017 algorithmic models.  

ALERTS: We are having a technical coding issue with SMS text / email alert launch – will be resolved soon! For now we are emailing alerts as time allows.

MUST READ: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are viewing our algorithmic model charting it is a must read.

MULTI-USERS: Institutional / commercial platform now available.

PATENT PHASE: I am now in patent application phase. Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADE ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures early 2017. My sub service w incl 24 hr crude oil trade room.

ACCESS: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 when my 24 hour futures trading room opens along with 24 hour live charting I will have a rate increase but as with recent the roll-over existing members will be grandfathered at locked-in current rates.

SOFTWARE: My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and this blog.

HOW MY ALGORITHM WORKS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency or bot type algorithm – I am represented on and used on a traditional trading chart as one would normally use as a probability indicator. The goal is to provide our trader’s with an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in the new year in our new 24 hour oil trading room).

Below you will find my simplified view of levels that can be used on a traditional chart (both intra-day and as a swing trader or investor). This work, and subsequent trading, should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on. Questions to; info@compoundtrading.com, message our lead trader on Twitter, or message a lead trader privately in the trade room.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Wednesday Dec 28, 2016.

https://www.tradingview.com/chart/USOIL/z7mqsUZu-EPIC-the-Oil-Algo-Member-Chart/

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 53.88 2:56 AM ET Dec 28, 2016. Some thoughts with respect to traditional charting that may help advance the trading edge:

Crude, Oil, Chart, $USOIL

Crude algo intra work sheet 257 AM Dec 28 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Multi Week Trading Range for Swing Trading:

Note: Be careful with the prices you see in the purple boxes on the right of the chart – they do not line up on chart for price action (they are for indicators).

Pay attention to the upward trending channel – you can enter long and sell in between the channel yellow lines as it trends. If price stays below the resistance then you trade the channel under that and if above a major support line same thing (yellow lines).

Price is currently trading above a horizontal support at 51.93 (yellow line) – watch this for support. Resistance is at 54.39. Review charts over the previous week on my blog to see yellow support and resistance lines and channel that I refer to.

Refer to my previous posts re: Green arrows on chart are highest probability trade entries for short or long positions – while crude is trading in upward channel (like it is) your probability is always higher going long until channel broken. Trading at outside of channel increases probability of success also.

Diagonal Trend Lines:

Diagonal trend-lines (blue). Diagonal trend-lines are critical inflection points. Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal blue trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link earlier in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

There are at least three (at least at time of writing) diagonal trend-lines under where crude is trading intra and they have been holding well in recent trade.

Price Action with 20, 50, 100, 200 MA

It is wise to study how the 20, 50, 100, 200 MA trade on each time-frame before trading oil related instruments. Below are a few examples.

Below is how oil has been trading with 20 MA on the 4 hour chart – fairly predictable buy / sell triggers. It is preferable to sell at the top of the move if you can time it and not wait for the 20 MA to trigger to downside. While crude is trading under 20 MA advantage is to short side and over advantage to long side. Keep in mind while trade remains in upward trending channel like it is now short side probability is lower than it would be otherwise.

Crude trading well above 20 MA on 4 Hour and on its way to recent high. Crude algo intra work sheet 309 AM Dec 28 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Crude, Oil, Chart, 20 MA

Crude trading well above 20 MA on 4 Hour and on its way to recent high. Crude algo intra work sheet 309 AM Dec 28 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci Levels:

Watch these lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

There are fib levels on the chart below – but they may just confuse you more than anything. We are currently running calculations with our modeling on how fib levels relate to our targets and trade levels – so the chart below is more mad science than anything because this is simply a live shot of work we are in the middle of – and we understand the levels can be difficult to make out.

When you get a feel for how the fib levels reflect intra trading (which we cannot explain in short here) you will always have them on your chart in a similar manner.

Fibonacci. Crude algo intra work sheet 345 AM Dec 28 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci, Crude, Oil, Chart, $USOIL

Fibonacci. Crude algo intra work sheet 345 AM Dec 28 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Advanced Charting:

Respect support and resistance lines: If you can be patient and take your long and short positions against these yellow lines – that is your highest probability trading.

You will see a lot of noise on the charts over the next few weeks (algorithmic calculations of various types). Try and ignore for now.

Oil Time / Price Cycles:

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of things)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

Time Price Cycle Terminations. Crude algo intra work sheet 404 AM Dec 28 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

The white arrows show you where terminations are that correspond with possible intra trade – if trade is in a corresponding triangle the end of that triangle where the arrows are is where the termination point (at latest) is. There are many where crude is trading intraday. Careful here – we see a significant spike up or down coming.

Time Price Cycles, Crude, Oil, Chart

Time Price Cycle Terminations. Crude algo intra work sheet 404 AM Dec 28 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

 

Alpha Algo Trading Trend-Lines (Red dotted lines):

There is a new alpha algo line on this chart and new algo targets for Tues, Wed and Friday this week.

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

Current Alpha Algo Targets (Red circles):

Due to multiple requests we will start publishing our targets weekly not only on the charts (with circles and algo lines) but also as numeric listed targets with associated probabilities for each target on each day again (we recently stopped doing this but a number of traders have requested we do this again so we will start again next week). You can see how I used to do this on my Twitter feed.

So what is your most probable algo target for Wednesday 10:30 AM EST etc? Your closest target that crude is trending toward is always the most probable. Crude is currently trending toward a target (red circles on chart) Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

This week alpha algo targets are as follows (with associated hit probability – how many times out of 100 a hit is expected): ADJUSTED!

Wednesday 10:30 AM EST – 50.87 (3%), 53.53 (45%), 54.72 (56%), 55.22 (37%)

Friday 1:00 PM EST – 51.23 (2%), 54.06 (41%), 55.35 (51%), 56.32 (31%) 

Friday’s algo targets have not been near as predictable as Tues and Wed (shy of 80% now vs 90%+) and this Friday looks no different so be cautious with this Friday’s targets!

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel or whatever – also difficult to explain – WE ARE DOING A VERY DETAILED VIDEO ON THESE INDICATORS SOON THAT WILL SHOW IN MORE DETAIL.

The targets for this week are represented on the chart. Again, refer to the live charting I send you for this also or be in the trading room.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Oil Intra-Day Algo Trading Quadrants:

Processing now for release soon (you are seeing the beginning of them above in charts now) – I don’t think there are any real tight crude related snipers beyond our lead trader right now anyway – but nonetheless, we are getting these out – they take a lot of data processing to say the least. We’re almost there.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

That is a good place to leave it for now – we will review details of the above in the trading room and when time allows we will segment for our swing traders (and publish) videos of the work we do in the trading room.

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” soon, but it will be simply be a recap (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our blog and website. You can also send specific questions to our email inbox at info@compoundtrading.com – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

PS If you are not yet reviewing the daily post market trading results blog posts, please do so, they are on the blog daily and often there is information that also may assist your trading. Trade room transcripts (for example) may review topics pertinent to your trading.

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $USO, $UCO, $CL_F, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP, Chart, Algorithm, Indicators, Trading Room, Fibonacci, Algo, Targets


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Friday Dec 23, 2016 – $DPRX, $URRE, $UEC, $SGYP, $FRED, $LTBR, $CNAT, $ANY, $GSAT, $DUST, $JUNO, $CBMX, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F and more.

Intro:

Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Notices:

New Service Options: We now also offer a stand-alone trading room option now (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00.

New Service Options: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Feature Post: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

Room Settings: We are testing fault settings for multiple trading rooms in 2017 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

Personal Trades / Lessons Learned:

$CNAT and $URRE – just scalps.

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

The market has a tonne of inflection points now so we expect things to get interesting soon with our algos that you can find here:

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

We are currently processing the reset calls for all algos for Q1 2017 over Christmas season because the have all now completed their calls from Q3 and Q3 2016 with 90% or better accuracy. All calls fully documented.

Announcements in Trading Room:

08:50 am Curtis M : At bell I will focus on momentum stocks then move over to oil, gold, etc… Gainers: $DPRX $URRE $UEC $SGYP $FRED $LTBR $CNAT $ANY $GSAT $PLX $NOK $WTW $UGAZ $EWZ $ERIC $UVXY $PBR $TWLO

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:25 am Curtis M : Gainers: DPRX +66%. CNAT +7%. URRE +7%. FRED +7%.Losers: BCEI -41%.
09:29 am Darnel D : Crude looks bullish
09:31 am Sammy T : Long $DPRX
09:33 am Cara R : Long $PLX some small
09:34 am Curtis M : Looking for increasing vol $IMMY
09:35 am MarketMaven M : ss $ACST
09:36 am OILQ K : $IPCI vol
09:42 am Mathew Waterfall : In $BAS for long term swing. Starter at .47. Monthish hold on this one for 1-1.5 prce target
09:42 am Tyler H : $CVRR on the move
09:43 am Dani M : $CTAS wacked
09:44 am Mathew Waterfall : $SGYP also seeing nice action this AM. Not much volume to go off of here
09:45 am Mathew Waterfall : shorting $PCLN but that name takes some juice to short commons with. Daily outs also good option
09:45 am Curtis M : Wow nice short MArket<aven
09:46 am Mathew Waterfall : $GYP also small starter playing against last 2 swing lows with stop at 4.4. Seeing increasing volume today and nice aciton off of the open
09:47 am Mathew Waterfall : Price target of 5.7 then 6.29 on that if anyone is curious
09:48 am Jack D : I like it Mat
09:49 am Mathew Waterfall : Me to seeing as it bounce 10 cents right after I posted that. Check with me in 30′ I may have a different opinion lol
09:49 am Jack D : k
09:49 am Jack D : $CNZ has vol and off the mat
09:54 am Cindy L : Selling $CNAT swing
09:56 am Mathew Waterfall : I almost like $CNAT here. Expanding volume so it should see more upside
10:00 am Mathew Waterfall : Just tried to go short $URRE and my broker wouldn’t let me. Pre market swing high is my over/under
10:04 am Mathew Waterfall : $CNAT still seeing decent vol flow. $SGYP also motoring along here. Taking a couple plays this AM, I expect post 11 or so everything will be dead
10:05 am Curtis M : My bulldog needs me for 5 mins lol back
10:06 am Curtis M : $URRE in and out flat
10:12 am Curtis M : $GSAT halt
10:13 am Curtis M : *Hearing Globalstar To Get Fifth Vote At FCC For Increased Use Of Airwaves
10:15 am Mathew Waterfall : Explosion incoming on that news
10:20 am Mathew Waterfall : I’m in a small CNAt starter. Wont to so it clear and hold the 4.5 level or I’m likely out
10:20 am Mathew Waterfall : If it can’t get it done shortly I have no confidence in the afternoon session
10:24 am Mathew Waterfall : $TSLA on the move here as wel. Looking solid but this thing likes to do that only to fade on you
10:26 am Mathew Waterfall : $CALM post earnings squeeze is on
10:30 am Mathew Waterfall : $BCEI interesting name. Restructuring and got stock hammered with possible BK talk. People also thought CHK was going BK though. r/r play is great both ways on a name like that
10:35 am Mathew Waterfall : I have my stop at 4.3 for $CNAT putting me flat on exit. Not getting the responce I thought it would here
10:37 am Jack D : what kind of truck?
10:38 am Curtis M : dually denali
10:40 am Mathew Waterfall : O haha. The street racing uhaul trailer pulling truck?
10:42 am Mathew Waterfall : Yea. That’s my stop
10:42 am Mathew Waterfall : I expected some action off of the increasing volume earlier but it fizzled
10:44 am Mathew Waterfall : Pretty similar to myself. February was huge last year. I could have quit after that and done well for the year
10:48 am Jack M : $OPXA is on my list
10:51 am Rob D : Mat, do you use finviz for stock scanning as well?
10:53 am Rob D : Cool thanks
10:54 am Mathew Waterfall : If you’re on the ToS platform I can take you through some of the scans. They also have some great videos on there as well that will tell you how to set them up
10:55 am Mathew Waterfall : Yepp I’m out. Hope it rockets for ya but I’m out
10:57 am Mathew Waterfall : In $OPXA swing at 1.009. This will be a weekend hold if it doesn’t get after it today
10:58 am Mathew Waterfall : $FB seeing some call buying. First bog moves in recent days. Someone’s trying to play a bottom here
10:58 am Curtis M : Out $CNAT avg 4.405 buy with 4.257 sell LOSS ugh 5000 shares
10:59 am Curtis M : 800 hit
11:10 am OILQ K : $CRMD on move
11:13 am Mathew Waterfall : $OVAS seeing some expanding vol here. Everything today is so dead though I feel like my barometer is broken
11:21 am Sammy T : $XXII looks good long – not my style
11:22 am Mathew Waterfall : $GSAT another halt
11:28 am Curtis M : Taking early lunch – back b4 1230 to see f anything shaking
11:29 am Sammy T : ive seen you revenge trade id like to see that again – your last oil trade was a revenge trade NEW CAR! hahahaha
11:30 am Curtis M : funny ya catcha 1230
11:30 am Drew M : me to
11:36 am Drew M : Trump and Putin love continues if anyone cares
11:36 am Drew M : on lunch
11:40 am Darnel D : Natural gas rampage $DGAZ stomped
11:41 am Carol B : Back after lunch
11:51 am Mathew Waterfall : $SPY up from here
11:53 am Cindy L : Like $SGY still
11:54 am Mathew Waterfall : $ANFI swing. Wrong upder 6, add over 6.6
11:54 am Mathew Waterfall : This one will take a while to work it’s majic
12:14 pm Mathew Waterfall : Running out to a quick appointmnet. Back in an hour or so. Try not to fall asleep
01:04 pm Jack M : Merry Christmas! Gong Turkey shopping!
01:16 pm Mathew Waterfall : Doesn’t look like I missed much. Stop hit on $PCLN short attempt. Other than that status quo over here
01:17 pm Cindy L : Having Christmas drinks wth neighbors
01:17 pm Darnel D : LOL LUCKY
01:18 pm Mathew Waterfall : Taking easy win in $SGYP and taking some off here. Will trail the rest
01:21 pm Curtis M : Nothing on my end – gonna visit with family and check in 30 mins or so
01:44 pm Mathew Waterfall : $SGYP over here just making new highs. Going to leave my trailer on and forget about it. Would like to close it out today
02:07 pm Mathew Waterfall : Stop hit. .59 decent winner on a slow day from the .07 entry
02:12 pm Curtis M : nice
02:17 pm Mathew Waterfall : $IWM over the over/under line. Likely not enough flow to get too excited but should see a bit of lift
02:33 pm Mathew Waterfall : $ANFI cruising along. Not tearing up the dance floor but I’ll take it
02:34 pm Curtis M : lol
02:38 pm Jack M : $DNAI got moves
02:38 pm Mathew Waterfall : If $OPXA could get some momo going that would be swell. other than that nothing really moving much no one seems to want to load up before the extended weekend
02:38 pm Jack M : Was watching that also.
02:38 pm Mathew Waterfall : I’m still in $DNAI from a while back. Only a coupe thousand share but I like it for a pop sooner or later
02:38 pm Dani M : Get Curt a Revenge trade BAHAHA
02:39 pm Curtis M : Curt needs vol for that 🙂
02:41 pm Mathew Waterfall : I just went through a bunch of plays on my vol scan and they were all pitiful. I don’t see taking any trades for the rest of the day
02:41 pm Curtis M : yup
02:41 pm Mathew Waterfall : Trying to find a good revenge trade for ya. Nothing
02:42 pm Curtis M : nope
02:42 pm Curtis M : tues
02:42 pm Mathew Waterfall : yepp
02:42 pm Curtis M : watch this
02:45 pm Curtis M : thwe whole oil grid totally geometric the whole thing thats just one example
02:45 pm Curtis M : all commodities are going that way
02:46 pm Mathew Waterfall : That whole grid blows my mind
02:47 pm Curtis M : The more you get in to t the more you realize its wow —- we’re rght on the edge of having the whole thing done – for every time frame 1 min 3 mn etc etc
02:47 pm Curtis M : 1 min to 3 mos frames almost done
02:48 pm Curtis M : 2017 is going to be crazy
02:48 pm Mathew Waterfall : Glad we’re all along for the ride!
02:48 pm Curtis M : lol really interesting whats occurred last 12 mos on these charts
02:49 pm Curtis M : it all changed over last 12 – 16 mos one commodiy at a time
02:49 pm Curtis M : thats all should get in to on here:)
02:50 pm Mathew Waterfall : $PTLA on deck here
02:51 pm Curtis M : Not sure what they’re going to do when its totally robotically predictable last thing I’ll add there – curious
02:52 pm Mathew Waterfall : That is pretty crazy to think about
02:52 pm Mathew Waterfall : Should have taken that $PTLA entry Damn
02:52 pm Carol B : i was going to and didnt
02:53 pm Cindy L : Have a groovy xmas checking out!
02:56 pm Mathew Waterfall : In $PTLA small .03. 20 cent trailer to not get burned just want to play the pop
02:56 pm Mathew Waterfall : out .25. weird broker issues there. Not worth the hassle
02:57 pm Curtis M : in $BAS small
02:57 pm Mathew Waterfall : Im in $BAS for a swing as well. not watching very tight though
03:01 pm Mathew Waterfall : $PTLA just going to the moon here without me. Hate that
03:01 pm Mathew Waterfall : and crashing down now haha how quick your perception can chance
03:03 pm Mathew Waterfall : $GPRo 9.09 for a bounce into EOY with short squeeze and covering. Stop at new low of year 8.45, first target is 10
03:08 pm Mathew Waterfall : $BAS wants to go here. R/G move would be a geat xmas present
03:09 pm Curtis M : yup
03:09 pm Jack D : im in
03:10 pm Mathew Waterfall : I’m playing long off of the double bottom at .3 so I’m long term
03:10 pm Mathew Waterfall : I’ll add over the 100 on the daily
03:12 pm Curtis M : add
03:14 pm Mathew Waterfall : Hit er for a few more there trying to break .5 for us lol
03:16 pm Curtis M : 50 beak would be great
03:17 pm Mathew Waterfall : hit the mic button. Rocking the christmas tunes over here
03:17 pm Curtis M : lol
03:19 pm Curtis M : Lol I dumped looking to go agaib – nice gain tho for what it was 450.00 lololol
03:19 pm Curtis M : that candle freaked me out
03:20 pm Mathew Waterfall : Yea not great into the close here. Like I said this is a swing for me so unless we make a new low of year I’m sitting
03:20 pm Mathew Waterfall : Still not full size yet so not too worried
03:20 pm Curtis M : I thought 75 was comin quick
03:21 pm Mathew Waterfall : I was just looking for a new hgih of day. 75 would have been a crazy move there
03:27 pm Curtis M : Those targets for crude gonna be above that resistance next week – interesting
03:28 pm Mathew Waterfall : My small cap oil watch list likes the sound of that
03:29 pm Curtis M : Hopefully it gets there
03:31 pm Mathew Waterfall : $DNAI HOD into the close here. Man this thing has the look it just needs some vol
03:31 pm Curtis M : yup
03:40 pm Mathew Waterfall : jesus $PTLA beast mode. Got off too early on that one for sure. Price shook me out
03:42 pm Curtis M : whoa
03:42 pm Mathew Waterfall : Yea. Glad I didn’t turn short
03:44 pm Mathew Waterfall : $TSLA got it’s hammer pants on into the close
03:45 pm Mathew Waterfall : Think we had someone in here playing that earilier this week
03:45 pm Curtis M : A few
03:46 pm Jack D : have to say bye merry happy days!
03:46 pm Nicholas Sarkozy : here comes the dump lol
03:46 pm Mathew Waterfall : Have a good christmas if that’s your thing. If not have a good day off monday
03:47 pm Nicholas Sarkozy : see you, jack
03:48 pm Curtis M : I think Jack out the back door – good trader FYI
03:50 pm Jack M : Me too guys bye bye I am dealing with shopping for turkeys Have a great Christmas
03:50 pm Jack M : I wlil now leave out back
03:51 pm Drew M : Sandeep you there?
03:51 pm Drew M : He’s gone too
03:51 pm Drew M : Ok have a blessed weekend all!
03:51 pm Curtis M : Cya Drew Jack and others I missed
03:52 pm Curtis M : PTLA looks oddly strong
03:52 pm Mathew Waterfall : It’s been riding that 10 day all the way up. I thought once it broke it, it would be game over but not yet
03:55 pm Mathew Waterfall : Alright Im out of here. Wine on deck to get ready for the in laws that will be here all next week.
03:55 pm Mathew Waterfall : Have a good weekend all!
03:57 pm Nicholas Sarkozy : see you everyone
03:59 pm Curtis M : cya

Article Topics: $DPRX, $URRE, $SGYP, $FRED, $CNAT, $GSAT, $DUST, $JUNO, $CBMX, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Tuesday Dec 27 – $MBRX, $CNAT, $NAK, $WRN, $CYCC, $DUST, $JUNO, $CBMX, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F and more.

Intro:

Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Notices:

New Service Options: We now also offer a stand-alone trading room option now (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00.

New Service Options: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Feature Post: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

Room Settings: We are testing fault settings for multiple trading rooms in 2017 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

Overview Perspective & Review of Chat Room, Algo Calls, Trades and Alerts:

Today was very calm. Some trades in the group. For me quiet – study day. We had rotation in to small bio pharma that I missed, some movement in small cap metal equities and the likes of $NVDA, $TSLA, $NFLX in action.

Personal Trades / Lessons:

No trades. I did miss the oil move (and if you know me at all you know that is rare) but the action was not typical oil trade action. I have become so tuned in to the oil trade (easily with a 95% win rate specific to oil related trades) that when oil is trading “off” its normal pattern I can miss a move like today. The holiday I am convinced is responsible for it trading outside of its normal algorithmic model. As a trade (with-out the algo) I should have caught the move though.

We did see some movement in $GDX and $GLD and some of the small caps so those are on high watch with me for tomorrow.

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

The market has a tonne of inflection points now, Silver Gold and Miner’s woke up some today so things should get interesting soon with our algos that you can find here:

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

We are currently processing the reset calls for all algos for Q1 2017 over Christmas season because the have all now completed their calls from Q3 and Q3 2016 with 90% or better accuracy. All calls fully documented.

Announcements in Trading Room:

09:15 am Curtis M : Good morning! When market opens I will look at morning momentums and then look at our standards Oil, Gold, Etc… Premarket Gainers: $ESEA $INVT $PLX $IONS $ONVO $JNUG $CNAT $NAK $NUGT $UGAZ $BOIL $GGB $SDRL $AG $USLV $NVCN $VALE

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:18 am Mathew Waterfall : $BAS nice and funky this AM with it’s reorg and restructure lol
09:33 am Drew M : Short $CNAT
09:33 am darnel t : $TSLA Long some in to first week of Jan
09:35 am MarketMaven M : $IRG Momo
09:36 am Mike P : $SGYP ,ay go here
09:38 am MarketMaven M : $TSLA rock star
09:42 am Sammy T : $NVDS nice action
09:42 am Sammy T : $NVDA
09:43 am Curtis M : No trades for me so far – too tight on momos
09:44 am Curtis M : $CNAT over 5 might look ok – doubtful
09:44 am John M : $CAPN crapped bed
09:46 am Curtis M : Nice shorts on $CAPN and $CNAT – got some DMs on those
09:48 am John M : $FIT squeeze
09:49 am Jack D : Long $IBB small entry
09:50 am Curtis M : $IBB looks good IMO Jack
09:50 am Curtis M : Over 275 should go north
09:50 am Cara R : OUt my long $fb
09:51 am Curtis M : GOLD algo support being tested FYI – that white dottted
09:53 am Curtis M : Crude up over 53.76 and it ses higher targets this weel FYI
09:55 am Mathew Waterfall : $GV swing. Plaing against 4.2 for a target of 6.2
09:55 am Mathew Waterfall : $DNAI also looking angry
09:57 am Curtis M : Gold hit the top of that algo quad (blue line) and came off hard, then lost an intra line (dotted) – not real bullish signs – needs to regain that blue line where green arrow is to be moderately bullish intra
09:58 am Curtis M : $USOIL in good shape over 53.52
10:00 am Curtis M : USDJPY chart aint broke FYI – could kill any GOLD run
10:02 am Mathew Waterfall : $FELP head fake. New highs to let down lol
10:03 am Curtis M : USDJPY holds 117.49 and its a problem for GOLD and miners
10:06 am Curtis M : I’d be really careful long GOLD and Miners wth that 200 coming in on 100 on 15
10:09 am Mathew Waterfall : I just closed my lotto $NUGT calls at .16. I agree, gold not looking healthy here
10:13 am Curtis M : OIl target in play today at green arrow unless something drastic happens
10:14 am Curtis M : Hard to say if USDJPY wlil play out but if it does watch out
10:17 am darnel t : $MBRX +16%
10:17 am Mathew Waterfall : Scan lists are light out here. A small flurry of aciton for me off of the open but now things are quiet on my side.
10:20 am Mathew Waterfall : $PTLA back on watch. See how it handles the LOD here if it makes it that far
10:23 am Mathew Waterfall : Didn’t get there. $PTLA long aginst the LOD
10:23 am Mathew Waterfall : In small at 23.75
10:23 am Mathew Waterfall : OUt if it can’t make a new HOD
10:24 am Curtis M : Watching $MBRX for 200 60 cross on 15 c how it handles that
10:24 am Curtis M : 200 50
10:27 am Mathew Waterfall : $PTLA stopped bump to flat. It needs to make a higher swing high on the 1’s over 24.23 to get moving here. I don’t want to sit in this all day
10:29 am Curtis M : 10 secs on $MBRX
10:30 am Curtis M : nutting
10:30 am Mathew Waterfall : Legging into $DRAm. first buy 1.71
10:30 am Mathew Waterfall : Add over 1.82. Stop 1.4
10:32 am Mathew Waterfall : Stopped flat in $PTLA. No juice in this and couldn’t make a higher high on the day
10:35 am Mathew Waterfall : /ES printing a nice looking flag/wdge on the 5′. Break to upside likely
10:35 am Curtis M : $SPY is at resistance area algo marked prior to Fed
10:37 am Mathew Waterfall : $DRAM nHOD and volume. next low float squeeze hopefully
10:38 am Mathew Waterfall : $GV also grinding higher. I will let this one play out and take its time
10:43 am Curtis M : Probability is on Gold bull trap here still – oil could come off a bit too now
10:44 am Mathew Waterfall : $NVDA still going to the moon. Have to think that spills over to $MU and $AMD sooner or later
10:46 am Curtis M : SILVER same as GOLD of course
10:46 am Curtis M : USDJPY super bullish on intra – careful with oil longs too
10:49 am Curtis M : To be clear – the oil targets most probable in EPIC’s report are the ones in play – not the upper and not the lower – the oones closest to price
10:50 am Curtis M : IF USDJPY backs off then maybe uppers
10:52 am Curtis M : Almost time to short NATGAS – not ready yet but getting close IMO
10:54 am Curtis M : Just for clarty – DM’s …. $USOIL over 53.76 could see upper targets yes
10:58 am Curtis M : USDJPY oh boy looking very nasty now 2 mins
11:04 am Mathew Waterfall : $AMPE on watch. Like it against a .99 stop. Gao over head at 1.51
11:04 am Mathew Waterfall : *gap
11:06 am Dani M : $RADA news looks nada to me
11:09 am Curtis M : Wow crude might actually run up into those highere target areas if it gets lift – so close
11:10 am Curtis M : Increasing vol in crude
11:23 am Sammy T : $CYC could see 6.23 ish fast over HOD
11:23 am Curtis M : Not my thing today Sammy but you’re lkely spot on
11:24 am Mathew Waterfall : Just was looking at $CYCC myself
11:24 am Mathew Waterfall : 5.6 big spot
11:25 am Curtis M : $IBB may not be a bad swing – just not my focus
11:26 am Curtis M : Its like wack a mole
11:28 am Mathew Waterfall : In $FH small starter. Stop at 2
11:29 am Sammy T : Small bio pharma week on deck likely
11:29 am Mathew Waterfall : on the mic
11:32 am Curtis M : Looking at $UWT here crude over res
11:38 am Curtis M : I’m not taking a long but it sure LOOKS LIKE upper targets are in play
11:38 am Curtis M : Scanning small cap oil
11:45 am Mathew Waterfall : $KOPN like the expanding vol. Looking for a new high to possibly enter
11:52 am Curtis M : Leaderboard: $MBRX $CYCC $MVIS $RADA $ENG $VISN $TROV $WRN $NAK $BL $IPI $INNL $ GOL $XBIT $FNCX $CNAT
11:57 am Curtis M : $KALV low float vol
12:00 pm Stan P : $BIIB has the set-up in place I may take a long (even tho not my bag)
12:01 pm Curtis M : Me too!
12:01 pm Curtis M : Taking a quick lunch I knw that – back in 20
12:03 pm Michael P : $kalv good call should get more
12:04 pm darnel t : $NVDA moar!
12:07 pm Sammy T : $CPHS went red to gr
12:07 pm Sammy T : $CPSH
12:09 pm jeff g : $NVDA keeps on trucking
12:10 pm Mathew Waterfall : $NVDA. I want to short, but this thing has no intention of stopping from the looks of things. Hard for me to play either side here
12:11 pm Drew M : $usoil near support…. might fail and hit that target epic had as main
12:12 pm Drew M : $JNUG looking good here
12:13 pm Drew M : And $cnat looking at long on b/o
12:14 pm Jack D : CNAT volume!
12:14 pm Curtis M : s opportunity test
12:15 pm Curtis M : wow fly back to montr time geez
12:16 pm Curtis M : wow fake out in crude – thats not normal – but EPIC primary target is lower
12:16 pm Curtis M : I’ll finish lunch quick and watch this
12:17 pm Curtis M : back in a few mins
12:18 pm Carol B : $CNAt still rgoing
12:26 pm Curtis M : So crude did loose support wow
12:36 pm Mathew Waterfall : $DRAM still smokin
12:42 pm Curtis M : Nice move on $DRAM
12:44 pm Curtis M : Holiday trade in crude not normal action – and being that it’s my mainstay – I cant trade it 0 its a different beast
12:51 pm Mathew Waterfall : Machines might be on vacation along with all of the fund managers
12:52 pm Curtis M : Very few machines in this trading
12:53 pm Curtis M : Will be vengence trading n new year ALL IN!!
12:53 pm Mathew Waterfall : I’m already mortgaging the house so I’ll be ready!
12:54 pm Curtis M : lol great
12:54 pm MarketMaven M : NFLX time
12:56 pm Curtis M : USDJPY not broke yet …. if you’re listening to Gold or Miner bulls careful till its broke
12:56 pm Curtis M : Its tired but not broke
01:05 pm Curtis M : $NAK rocket
01:08 pm Mathew Waterfall : $KALV still climbing away as well
01:11 pm Curtis M : From a trader perspective ths should be turn in Gold and miners – from chart perspective USDJPY not broke – but turn likely IMO
01:12 pm Mathew Waterfall : You getting out of your $DUST position? I am legging into long miners but want to see some steady gold lift first. holding above 1150 would be a nice first step
01:13 pm Curtis M : Not moving out of $DUST yet – was waiting for a final spike in USDJPY but who knows
01:15 pm Curtis M : So close
01:16 pm Curtis M : Study in Gold equites needed soon
01:20 pm Mathew Waterfall : $BCEI making a move here. Wants to go green on the day
01:32 pm Curtis M : Low float bio day – not my thing too much like wack a mole for me but a great day for em
01:32 pm Curtis M : Logic tells me small cap mineral companies going t o start popping at turn of the year here
01:34 pm Mathew Waterfall : I agree they should see action if market stays strong. Watching steel and copper to try to get a tell for what is going to happen here
01:34 pm Curtis M : Gold miners and Silver likely to pop pre inaugaration
01:35 pm Curtis M : Gold gets up over that green arrow has lots of room from an algo model perspective
01:36 pm Curtis M : Expanding room in fact
01:38 pm Curtis M : And you would think Trump would start threatening ABe soon enough
01:40 pm Curtis M : Crude has lost me – cant trade it till machines come back likely not till next week
01:41 pm Mathew Waterfall : Turned into nat gas boucing all over the place
01:44 pm OILK K : $ONTX vol Mat
01:45 pm Mathew Waterfall : Nice dialy chart on $ONTX
01:45 pm Mathew Waterfall : minding that 10 day on the 1′ very well
01:48 pm Mathew Waterfall : Well so much for that lol blew right through it
01:48 pm Drew M : ha
01:50 pm Mathew Waterfall : That’s what can happen with those low float low vol names so wide stops needed to play them
01:54 pm Mathew Waterfall : $BCEI working on a 50% low to high move. LOD .67 trying to crest .90. These names are like playing the lotto today. Need an iron stomach
01:54 pm Curtis M : crazy
02:06 pm MarketMaven M : $CNAT HOD
02:08 pm Jack D : $LPCN jiggy time
02:11 pm Mathew Waterfall : Too many of these small names moving today to keep your eyes on all of them
02:15 pm Curtis M : What a move in $CNAT
02:21 pm Curtis M : So humbling to miss this move in crude bahahaha
02:21 pm Mathew Waterfall : Can’t win em all I suppose even if we expect to
02:23 pm Curtis M : Res 54.39 $USOL
02:35 pm Mathew Waterfall : $GDX trying to get over the 38.2 fib. Also I have it in a down cahnnel tht would be about 20.5 if it popped over it today
02:46 pm John M : Silver time too
02:50 pm Curtis M : I think ABE for sh*ts and giggles is gong to wack us one last time just cause
02:50 pm Curtis M : Total conspiracy perspective of course
02:50 pm Mathew Waterfall : I wouldn’t be surprised. Dude doesn’t seem to give a f about much
02:50 pm Curtis M : lol
02:51 pm Stan P : He is Awesome
02:51 pm Curtis M : Hey Stan Welcome
02:51 pm darnel t : $CNAT on move again!
02:52 pm Curtis M : I actually think tomorrow will be decent – thin maybe but decent
02:52 pm Mathew Waterfall : We have some momentum on our side, should continue to drift up with similar small cap plays like today
03:02 pm Curtis M : $VXX ATL
03:28 pm todd m : hi
03:28 pm todd m : anyone here
03:28 pm Jack D : yup
03:28 pm todd m : why so quiet
03:28 pm todd m : no tades?
03:28 pm todd m : trades
03:28 pm Curtis M : Lots of trades today – what can we help you with?
03:29 pm todd m : do u trade in the am mainly
03:29 pm todd m : got here the last hour
03:29 pm todd m : havent seen anything
03:29 pm Mathew Waterfall : On days like today the AM sees the volume. post lunch things have been quiet
03:30 pm Curtis M : Our logs are posted to our blog daily – take a look at normal day Todd – we trade
03:30 pm Curtis M : All day every day lol
03:30 pm todd m : what is your strategy
03:30 pm todd m : how do u know where to long and short
03:32 pm Curtis M : Not the right venue for that – maybe read up on our webste / blog first and email us, DM us, or private message us – this is for alerts
03:37 pm Curtis M : $BCEI is 1 in about 20 I didn’t trust today ugh
03:37 pm Sammy T : $BCEI will still run in morning IMO
03:39 pm Mathew Waterfall : Hit my 50% on the day target lol
03:39 pm Sammy T : lol
03:41 pm Carol B : Curt this is likely the turn $GOLD $GDX
03:41 pm Curtis M : Feels like it
03:42 pm Curtis M : Just want to see USDJPY confirm
03:42 pm Curtis M : And see $GOLD up pver that quad res
03:44 pm Curtis M : $NAK 29% and momo directed
03:46 pm Curtis M : Whats your gut say matt on $GLD $GDX turn?
03:48 pm Mathew Waterfall : My gut says this is way oversold and should see some action here
03:48 pm Mathew Waterfall : You can’t deny that chart of $GDX looks horrible though. It needs to get out of the downtrend and get some lift before I jump in
03:48 pm MarketMaven M : ya 10 – 4
03:49 pm Mathew Waterfall : Fold $GLD and /GC I wouldn’t be a buyer until the BOJ stops with whatever the hell they are doing over there and Abe gets put in check
03:49 pm Curtis M : agree
03:49 pm Mathew Waterfall : That might be a while, maybe shortly after the election for Trump to lay the smack down, or it might come sooner if things get sideways in China ala 2016
03:50 pm Curtis M : Abe is nuts
03:50 pm Mathew Waterfall : Totally crazy
03:50 pm Mathew Waterfall : It’s also not like $GLD and Gold had a bad year though, we have to remember that even now after the recent sell off it’s up YUGE on the year
03:51 pm Mathew Waterfall : $GDX had a low of 12.4 last Jan. Even right under 20 that’s still a nice year
03:51 pm Mathew Waterfall : Not 31 like the summer high, but nothing to shake a stick at
03:52 pm Curtis M : ya
03:53 pm Sammy T : $NAK NA NAK didnt fn f#sjk
03:53 pm Sammy T : Parabolic
03:53 pm Mathew Waterfall : For me to go in heavy like I said earlier I want to see /GC aka gold futures above 1200 and the dollar yen back on the downswing. Until then I’m just going in light with maybe miners
03:53 pm Michael P : Ya missed it here too
03:54 pm Curtis M : Makes sense
03:54 pm Mathew Waterfall : Plenty of other opportunity without the nonsense of Abe and the BOJ having a direct influence so I’ll choose the easier avenues for now. If I miss some of the move that’s fine with me
03:55 pm Curtis M : Ya – I am hoping for $NAK like replays all week
03:55 pm Mathew Waterfall : I think we are rotating into some bios so they should be plenty
03:56 pm Mathew Waterfall : I’m holding $IPCI, $DNAI, $ATRS and $AMPE
03:56 pm Curtis M : y and the bios
03:56 pm Mathew Waterfall : all are good break out candidates with nice charts to add to the rotational and short squeeze effects
03:56 pm Mathew Waterfall : $BRBP small as well
03:57 pm Mathew Waterfall : o and $OPXA. So yea I’m thinking these plays continue lol
03:57 pm MarketMaven M : $DNAI Matt could be parabolic ths week and $IPCI I like a lot and yes $OPXA likely best one
03:58 pm Curtis M : Looking at $DWT
03:58 pm Curtis M : Likely wont tho – I think I’ll reset for morning and hammer down if it all sets up similar to today
04:00 pm Mathew Waterfall : $DRAM HOD into the close. Another ripper for tomorrow
04:01 pm Curtis M : Have a great night folks!
04:01 pm John M : catchya all
04:01 pm Mathew Waterfall : Good night all. See ya in the AM for more small cap action
04:02 pm Drew M : peace yo

 

Article Topics: $MBRX, $CNAT, $NAK, $WRN, $CYCC, $DUST, $JUNO, $CBMX, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500

1 2 3 8