Wednesday Jan 18, 2017 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:

Just a quick mini update – crude oil trading in previous range.

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Wednesday Jan 18, 2017.

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

Crude oil is still trading within the range of the last number of weeks. The inauguration is this Friday and as such there is a possibility that this range will change. If it does we will update members with all new algorithmic model targets for trend.

In the meantime trade the ranges in the chart below (between the yellow lines is optimum). Keep in mind all the other indicators on this chart when trading intra-day. For explanation please see my recent posts.

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 52.21 at 4:21 AM ET Jan 18, 2016. Some thoughts with respect to traditional charting that may help advance the trading edge:

Crude, Oil, Chart, $USOIL, EPIC

Crude algo intra work sheet 420 AM Jan18 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

 

EPIC the Oil Algo

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 Tuesday Jan 17, 2017 $PULM, $REXX, $BCEI, $TVIX, – $SPY, $GLD, $GDX, $SLV, $USDJPY, $DXY, $USOIL, $WTIC, $VIX, $NG_F…

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:

Official Launch: Six days down and on to day seven on Wednesday! Last Monday was our official launch! If you want to watch a thirty year trading veteran in action with a 2 week challenge – to double his trading account in two weeks, come on in and take a look at how its done.

SMS / Email Alerts: Our system was upgraded so all members will now start receiving them for each trade (morning momo trades may not have time to process alerts outside room fyi).

New Service Option: We now also offer a stand-alone trading room option (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00 /mth and w/ promo code is 1.22 per day.

New Service Option: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00 and w/promo code works out to just over 4.00 day.

New Service Option: 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 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.

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

$REXX, Daytrading, ChatRoom, Results, Stocks

$REXX Stock Trading Results Daytrading in Chat Room

$PULM, $REXX, $BCEI, $TVIX – I traded that group of four today and had a red day (first one in many days so it had to happen eventually). Small red day however, likely around 600.00 or so in red so that’s a win imo.

Market had a down day and I should know to be more careful in a red market day, however, I do like to stay in the chop on a small scale to keep me in the heartbeat – so small losses on days like today and large wins on green days I can live with.

I really have no excuse in missing the Gold trade lately considering our algo nailed the bottom and turn to the penny many weeks in advance – but I am waiting for inauguration. I’m looking for the meat of a major move in our algo stocks – the momo stocks and intra-day trading is simply sniping to stay in heatbeat and make some green at same time.

I should also note I’m very pumped about our swing trades this year – been hitting those calls like crazy and good to be back in to longer holds after two years sitting out.

Momentum / Noteable Stocks Today:

Ticker Last Change Volume Signal
BNTC 3.00 62.16% 8855841 Top Gainers
BCEI 3.00 50.75% 18224034 Top Gainers
FWP 27.20 48.23% 1742822 Top Gainers
CWEI 145.25 39.69% 4601037 Top Gainers
OASM 3.70 28.23% 80593 Top Gainers
CIDM 1.53 20.47% 1794083 Top Gainers
EDMC 0.02 137.50% 774993 New High
SN 13.20 17.44% 19241101 New High
CWEI 145.25 39.69% 4601037 New High
FWP 27.20 48.23% 1742822 New High
BNTC 3.00 62.16% 8855841 Overbought
WOOF 90.98 -0.30% 4044311 Overbought
BNTC 3.00 62.16% 8855841 Unusual Volume
PULM 1.55 127.97% 17411877 Unusual Volume
FWP 27.20 48.23% 1742822 Unusual Volume
FCAN 24.33 -0.15% 221509 Unusual Volume
VNET 7.16 -2.05% 823213 Upgrades
AEPI 119.00 -0.08% 128737 Earnings Before
ED 74.60 1.36% 1601855 Insider Buying

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

Its all about the market’s reaction to Trump inauguration – I’m getting ready for all scenarios.

Winning. Double account in two weeks.

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:

08:51 am Curtis M : Goldcorp +3.3%25 on 2016 production results, optimistic five-year guidance http://seekingalpha.com/news/3235428-goldcorp-plus-3_3-percent-2016-production-results-optimistic-five-year-guidance?source=feed_f …

11:08 am Curtis M : Early lunch – back at 11:30 EST to review oil gold etc and get ready for aft session

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:15 am Mathew Waterfall : Unloading a bit of $JNUG before the open here. I don;t think this move is over, just want some profites here. $USLV also exploded which is nice
09:17 am Mathew Waterfall : I wouldn;t be surprsied to see a usd/jpy ramp attempt sometime today thus the caution on my end. Will keep things light overall this week heading in to friday
09:20 am Surinder S : NRG Energy +6.7% as Elliott Associates discloses large stake
09:23 am Mathew Waterfall : Going to add some $SPXS with stop at ATHS on the $SPY/SPX. Downside looks juicy if we can get going
09:25 am Deni E : Gainers: $CLSN 71%, $FWP 62%, $BCEI 36%, $CWEI 33%, $BVXV 23%, $GEVO $JNUG $XGTI $NAK $NUGT $BLRX $OPXA $RNVA $XBIT $NRG
09:32 am Mathew Waterfall : thanks Deni!
09:32 am Deni E : $bvxv halt
09:35 am David Z : $REXX looks good
09:37 am Mathew Waterfall : Stopped on $SN short BTW for a few pennies. No harm no foul on that poor attempt
09:37 am Mathew Waterfall : $TLT looking strong!
09:38 am David Z : $XLP strong too
09:46 am Mathew Waterfall : Playing against that low on $GDX looks like a nice r/r set up for a run back to highs
09:46 am Mathew Waterfall : Still expect a ramp in usd/jpy
09:46 am John S : Should short $BNTC
09:50 am Curtis M : Long $BCEI 301 1000 share
10:01 am Cam R : Smoked $BNTC short kapow
10:01 am Mathew Waterfall : Everything is just looking rangebound here early. Chop city if you didn’t catch the gappers
10:02 am adam c : L $GNC small starter bottom play
10:02 am Mathew Waterfall : Also got out a chunk of $USLV for about a buck a share profit. Will ighten up and look for some pull
10:14 am adam c : $THLD strong
10:14 am Surinder S : PULM FDA approval
10:20 am Kipp W : $PULM halted
10:20 am Cara R : $PULM missed short
10:22 am Curtis M : L $BCEI 282 3000
10:24 am John S : $REXX HOD
10:25 am John S : Out of $SN swing for a win
10:26 am Jordon H : Mary Jane stocks got positive momo
10:26 am Steve U : funny
10:27 am OILQ K : I hold a bunch
10:29 am Cam R : $AMS HOD one i am watching but didn’t trigger
10:30 am Carol B : $ETRM dying
10:36 am Curtis M : All momos getting wacked
10:41 am Cam R : $REXX still good
10:41 am Darnel P : Thanks Mathew
10:42 am Curtis M : Thanks for the update
10:42 am Mathew Waterfall : Wish there was more to update lol
10:46 am Cam R : $GLBS halt
10:52 am Mathew Waterfall : Break and scan time. Back in a bit
10:52 am Curtis M : k
10:56 am Curtis M : Stop set BCEI 2.75 4000
10:58 am John S : $REFR doing well too
11:23 am Mathew Waterfall : Still not a whole lot catchign my eye out here. Not pushing this week. Trying to practice patience for once
11:24 am Mathew Waterfall : Of note, $HYG large put buyer. Weakness in $HYG would lead me to a more bearish thesis
11:34 am Mathew Waterfall : Picking up a few shares of $NG down here. Going with a few select miner names as swings as I don’t like holding the levereaged ETN’s long term
11:34 am Mathew Waterfall : Currently just have AUY and $NG on the gold side
11:46 am Mathew Waterfall : If the dollar keeps heading south next support I have is 99.119
12:00 pm David Z : sleepy
12:01 pm Mathew Waterfall : No direction. $TICKs can’t even break 500 either way. Everything seems to be working itself into a tighter range
12:18 pm Mathew Waterfall : $SLW vwap and fib confluence here at 20.7. Like it for a swing against the lows or rising 9 day possibly if longer leash needed
12:21 pm Mathew Waterfall : Casinos also looking nice today. Missed that move. Friday WYNN 95’s look nice here
12:29 pm Mathew Waterfall : $JKS beast mode
12:45 pm Mathew Waterfall : $GPRo jan20 10 puts being sold it looks like. Some confidence in that move
12:54 pm Mathew Waterfall : $OPXA also back on watch. Coming in to my buy range here. Had quite the trip last week
01:55 pm Curtis M : in $REXX 77 3000
01:55 pm Curtis M : 3000 .77 sorry
01:55 pm Curtis M : lol 3000 76 sorry
01:56 pm Curtis M : add 3000 79
01:57 pm Curtis M : add 3000 80
02:00 pm Curtis M : add 3000 81
02:01 pm Mathew Waterfall : Nice grab on that entry. Thought it was just going to keep going sideways
02:01 pm Curtis M : it might lol
02:05 pm Curtis M : had a nap at my desk bahahha
02:05 pm Steve U : omg me too curt
02:06 pm Mathew Waterfall : I’ve been looking really hard at charts trying to use my jedi mind tricks to get them to move
02:06 pm Mathew Waterfall : Looks like I still don’t have the force
02:06 pm Curtis M : lol
02:12 pm Curtis M : $MRNS
02:14 pm Mathew Waterfall : $MRNS reject at premarket high it looks like
02:14 pm Curtis M : maasive vol at 2:07
02:15 pm Mathew Waterfall : Yea someone wants it
02:16 pm Curtis M : i bailed .83 small gain
02:17 pm Curtis M : .8250 correction
02:31 pm Mathew Waterfall : $YANG starter for more weakness
02:33 pm Mathew Waterfall : Also thinking about $TZA maybe some calls here
02:37 pm Curtis M : long tvix
02:41 pm Curtis M : drop u bastrd
02:41 pm Mathew Waterfall : Ticks trying to get back closer to 0. Will need some movement south for antoehr slam down
02:41 pm Mathew Waterfall : there we go
02:42 pm Curtis M : $$IBB VWAP Wacked
02:42 pm Mathew Waterfall : Nope /es getting bought down here so far it looks like
02:43 pm Mathew Waterfall : $IBB looks like such a mess to me
02:43 pm Curtis M : i had to cut flat
02:44 pm Mathew Waterfall : Short the pop. Made a new RTH low there but still didn’t get to the ON low
02:45 pm Mathew Waterfall : Meanwhile /TF aka $IWM futures looks like death
02:58 pm Curtis M : Long $PULM 1.78
03:02 pm Curtis M : In $PULM small – wll let it come off and hit it hard as t gets close to VWAP if that happens – just getting ready for tomorrow with it really
03:05 pm Curtis M : HIt $PULM again for 3x 1.78 in for 4000
03:06 pm Curtis M : small orders but bored
03:07 pm Steve U : Dont trade bored
03:07 pm Steve U : hahaha
03:07 pm Mathew Waterfall : Seriously, today feels like the Friday before christmas or something
03:08 pm Mathew Waterfall : lol that’s my feelings as well Steve but if it works it works $PLUM does look like a nice set up
03:10 pm Curtis M : ya not good to trade bored but small and tight keeps my mind active
03:10 pm Mathew Waterfall : If anyone traded my advice of shorting that bounce good job. Looks like it worked. I’m out here end of day ramp likely
03:11 pm Curtis M : i just about did lol
03:11 pm Mathew Waterfall : I took your play and went with $TVIX so thank you lol
03:11 pm Mathew Waterfall : Not a huge play but with this tight range gotta play the set ups
03:13 pm Curtis M : $PULM interesting action today
03:14 pm Mathew Waterfall : Looks to me like a lot of shorts from the last few months got squeezed to be met with longs who have been holding sense it was in the 2-3 range using this as a chance to get out
03:18 pm Curtis M : Im buying heavy in here
03:18 pm Curtis M : risky
03:29 pm Curtis M : $PULM may have to test VWAP
03:31 pm Kipp W : today not my day but i took that
03:34 pm Shae R : 10 – 4 mat
03:34 pm Curtis M : can i get a pop?
03:35 pm Curtis M : likely not
03:35 pm Mathew Waterfall : Volume is nowhere to be seen right now at least on my screens. Lot of people like me sitting on their hands.
03:36 pm Curtis M : hate when im reved to go and market isnt lol
03:36 pm Mathew Waterfall : I think the play for the rest of the week is hammer the open and look for vol plays throughout the day
03:36 pm Curtis M : yup
03:36 pm Mathew Waterfall : This mrket is such as tease like that lol
03:41 pm Curtis M : tease
03:42 pm Shafique M : 🙂
03:42 pm Bobby J : Edit!
03:43 pm Curtis M : might go yet
03:44 pm Curtis M : ugh i cut
03:44 pm Curtis M : 800 haircut
03:44 pm Curtis M : likely 500 or so haircut on day
03:45 pm Curtis M : VWAP
03:46 pm Mathew Waterfall : PULM is on watch for tomorrow for me. ON hold on these is dicey
03:46 pm Curtis M : yup
03:46 pm Curtis M : first red day in a whle but i can feel some grand slams coming this week and next
03:47 pm Curtis M : whoa
03:49 pm Mathew Waterfall : Well good cut on that if nothing else lol
03:50 pm Curtis M : fark haha
03:51 pm Curtis M : u know… i get like this when i know volatilty on horizon and get really aggressive then hibernate – like Brexit last Jan and last fall and in between small plays – just my nature
03:51 pm Darnel P : Yes – I have been following that pattern thats why I am here:)
03:52 pm OILQ K : Me also. So lets hope it comes this week.
03:53 pm Greg L : Bexit was funny Curtis – you were buying like a mad man I remember that right at bottom. I pay attention.
03:54 pm Mathew Waterfall : I find these periods of lower volatility are good practice. It almost seems like things move slower. Easier to read the tape and react almost like half speed. Will get you ready for when things are swinging like crazy
03:54 pm Greg L : btwn u and Mat and we have some good traders in here it should be great if we get it.
03:54 pm Greg L : I agree
03:58 pm Mathew Waterfall : It will come. One thing for sure with Trump in office we will have plenty of opportunity to harness vol
03:59 pm Curtis M : yup its coming
04:00 pm Mathew Waterfall : That’s it for me. Hope you guys had a good session and got the mind sharp after the long weekend.
04:05 pm Curtis M : night all
04:05 pm Cara R : catcha

Article Topics: $PULM, $REXX, $BCEI, $TVIX, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500


My Stock Trading Plan for Tuesday Jan 17, 2017 in Trading Chat room. $FWP, $CLSN, $CWEI, $BVXV, $RNVA, $XGTI, $BLRX – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Per previous;

Goal: Double accounts between now and when Trump sworn in. Range opening in our focus areas for scalps that will add quick.

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

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.

Current Holds:

$CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

My general bias (as a trader – not algo math) is for the market to be somewhat flat or deflate prior to Jan 20 inauguration, Gold and Silver to get further lift but back off between Wednesday afternoon and Monday. After the inauguration my bias is toward Gold and Silver getting punished when the Trump train gets moving again (no telling if this will be days or weeks or even a few short months). But I do think Trump will crush Gold, Silver etc and the $VIX at some point. The $VIX I will be watching close. Oil I think has headwinds. Natural Gas I am continuing to watch. Smaller Gold / Silver / Oil companies and Shippers / Greece I am watching very close also. But of course with Brexit in the news, the OPEC situation and inauguration I am going to stay very nimble and likely trade volatility and Gold related most of the week.

Per previous;

Lots of width in what we are trading between now and Jan 20, 2017 (and likely at least short-term thereafter) IMO. Should be really active. My focus will be toward morning momentum plays and scalping range in $NUGT $DUST $JNUG $JDST $USLV $DSLV $UWT $DWT $UGAZ $DGAZ $TVIX $UVXY $XIV.

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Generally speaking I am looking for some volatility between now and late January. My instinct tells me that even if there is some downdraft in the markets that the Trump train will sweep them up in positive momentum at some point.

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

Per 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 first week of January 2017.

Morning Momo / News Bits:

Momo:  $FWP, $CLSN, $CWEI, $BVXV, $RNVA, $XGTI, $BLRX

$CLSN up 30% PM

S&P -0.3%.

10-yr +0.19%.

Euro +0.78% vs. dollar.

Crude +1.57% to $53.19.

Gold +1.25% to $1,211.20.

Dollar continues under pressure http://seekingalpha.com/news/3235413-dollar-continues-pressure?source=feed_f … #premarket $UUP $GLD $SLV

Twitter -1.3% after UBS downgrade; GOOG, FB top Internet picks http://seekingalpha.com/news/3235409-twitter-minus-1_3-percent-ubs-downgrade-goog-fb-top-internet-picks?source=feed_f …

BioLineRx initiates mid-stage study of BL-8040/KEYTRUDA combo for pancreatic cancer; shares… http://seekingalpha.com/news/3235402-biolinerx-initiates-mid-stage-study-blminus-8040-keytruda-combo-pancreatic-cancer-shares-11?source=feed_f … #premarket $BLRX

Morgan Stanley beat on earnings and revenue. “Yuge” jump in bond trading sales. Bet on inflation from Trump/Fed? $MS up 1.5% #premarket.

Uranium Energy to launch 6.66M-unit offering http://seekingalpha.com/news/3235406-uranium-energy-launch-6_66m-unit-offering?source=feed_f … #premarket $UEC

Rex Energy Announces Two-Year Financial and Operational Plan and Provides Financial Update $REXX http://bit.ly/2juU9nP

$IPDN http://finance.yahoo.com/news/professional-diversity-network-announces-definitive-130000038.html …

JPMorgan pulls bullish view on Chipotle http://seekingalpha.com/news/3235404-jpmorgan-pulls-bullish-view-chipotle?source=feed_f … #premarket $CMG

GameStop reports strong demand for Nintendo Switch http://seekingalpha.com/news/3235400-gamestop-reports-strong-demand-nintendo-switch?source=feed_f … #premarket $GME $NTDOY

Pound on the rise even as May calls for clean break from EU http://seekingalpha.com/news/3235395-pound-rise-even-may-calls-clean-break-eu?source=twitter_sa_factset … #premarket $FXB $EWU $GBB $EWUS

#Premarket Movers: $NFLX $NEM $MUR $CWEI $RTRX $CBMX $CCCL $HALO $ARDM $JNUG $LUX $NUGT $SBGL $AU $SIL $CPE $KEM $CUK

$XGTI Breaking news: xG Technology, Inc. Pays Off Debt from IMT Acquisition

If you are new to our trading service you should review recent blog posts, our YouTube Channel and at minimum 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. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks 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).

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, 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: $FWP 68%, $CLSN 40%, $CWEI 29%, $BVXV 27%, $RNVA 15%, $XGTI 11%, $BLRX $JNUG $NUGT $NRG $NAK $AU $IAG $SBGL $USLV

I will update before market open or refer to chat room notices.

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

(3) Other Watch-List: Novagold $NG, $ESEA, $DRYS, $TRCH and $GREK are on my watchlist.

(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:$PKY $PAAS $YUMC $FE $PNW $NFX $CLR $ALB $AXP $TXRH $LAMR $RES $MSM $NFLX $AGIO $DIS $XEC $HCA $ABC $JONE $FN $PKY $SNOW $MIK $BYD  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $JWN $JPM $PPG $PPL $DVN $OMF $EAT $OUT $CMG $CHMA $STNG $LMCA $SPR $COMM $LSTR $SAIA $TWTR $XEC $VSI $TCS as time allows 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.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

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 and swing trading (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:$FWP, $CLSN, $CWEI, $BVXV, $RNVA, $XGTI, $BLRX, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


Tuesday Jan 17, 2017 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:

ALGORITHMIC MODELING WITH CURRENT PRICE: Crude trade recently dropped out of the upward trending channel as we warned our members in advance. The price of crude has traded sideways for a number of weeks now. Until a new trend up or down is established the algo targets, alpha algo lines, time / price cycles etc cannot be determined – a new trend needs to be established first. While we are waiting we will provide what charting is available below and will update members as soon as a new trend is established.

NEW SERVICE OPTIONS: We now also offer a stand-alone trading room option vs. bundle (incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/promo code.

NEW SERVICE OPTIONS: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

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; [email protected], 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 Tuesday Jan 17, 2017.

https://www.tradingview.com/chart/USOIL/2p02kUe7-EPIC-the-Algo-Oil-Member-Chart-1222-AM-Jan17-FX-USOIL-WTI/

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 52.40 at 12:24 AM ET Jan 17, 2016. Some thoughts with respect to traditional charting that may help advance the trading edge:

The trading price of oil has fallen out to downside of upward trending channel. This is bearish. Your trading ranges / indicators are marked on chart below. Trade between margins (white arrows). Long at supports and short at resistance. Arrows: Red shows where price fell to downside of outer edge of upward trending channel. Green arrow is your median pivot price for the current range. White vertical arrows show the current trading range oil has been in for weeks.

$USOIL, Chart

Crude algo intra work sheet 1222 AM Jan17 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).

Per previous;

As warned, the price has dropped out of the channel – trade the ranges per above.

Diagonal Trend Lines:

Until the price of crude establishes a new upward or downward trend enabling us to establish algo targets for our traders to trade, they use simple diagonal and Fibonacci per chart below to trade.

Crude, oil, chart

Crude algo intra work sheet 104 AM Jan17 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

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!

Per previous;

I am going to leave the commentary below in my reports for the short-term to show and be sure (if crude price rises) that traders are aware of the significant resistance over-head, but it also serves as a reminder (lesson) that when price is getting within significant resistance such as below that significant downdrafts in price action are likely.

Per previous;

The diagonal trend-line in this chart is very important. In fact, so much so that our traders will aggressively short at these trend-lines (with tight stops of course) – because this is a trend-line from another time-cycle – a significant trend-line. Keep in mind, that with charting, especially when bringing trend-lines in from many previous time-cycles such as this that it won’t be exactly on the penny – so watch close here.

There is also a symmetrical resistance and support line below it (yellow). If crude trade rises above this trend-line you can expect at least nine times out of ten a new break-out in crude oil trading price.

All recent major up-trends in crude trading (last two years) have used these diagonal trendlines lines as support (or alternatively as resistance sending crude down in a new trading trend lower). Very, very important line to watch.

56.93 is significant resistance with diagonal trend-line. Crude algo intra work sheet 758 PM Jan 2, 17 FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Resistance, Oil , Chart

56.93 is significant resistance with diagonal trend-line. Crude algo intra work sheet 758 PM Jan 2, 17 FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

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 (see previous posts).

Fibonacci Levels:

The chart above has the weekly fib lines to watch.

Watch the 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.

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 indications)… 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):

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):

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).

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.

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 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 [email protected] – 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 Jan 13, 2017 $GLBS, $NAKD, $DRYS, $PHMD – $SPY, $GLD, $GDX, $SLV, $USDJPY, $DXY, $USOIL, $WTIC, $VIX, $NG_F…

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:

Official Launch: Five days down and on to day six on Tuesday! Last Monday was our official launch! If you want to watch a thirty year trading veteran in action with a 2 week challenge – to double his trading account in two weeks, come on in and take a look at how its done.

SMS / Email Alerts: Our system was upgraded so all members will now start receiving them for each trade (morning momo trades may not have time to process alerts outside room fyi).

New Service Option: We now also offer a stand-alone trading room option (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00 /mth and w/ promo code is 1.22 per day.

New Service Option: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00 and w/promo code works out to just over 4.00 day.

New Service Option: 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 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.

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

$GLBS, $NAKD, $DRYS, $PHMD – Very quiet for me. $GLBS was the big mover and I just didn’t catch it. Caught momo $NAKD for moderate scalp. Chewed around edges of $DRYS and $PHMD. Dumped a couple small starter bags from earlier in week I didn’t want to hold over long weekend. All in all a good week up 47% on account so for the first of two weeks of the challenge I can’t complain. Looking forward to next 2 weeks in markets – Brexit and Trump theme.

Momentum / Noteable Stocks Today:

GLBS 7.24 135.83% 2501733 Top Gainers
SN 11.24 29.20% 16993449 Top Gainers
DXCM 85.13 25.91% 9316095 Top Gainers
PME 2.35 25.67% 1724368 Top Gainers
CAI 13.00 17.65% 286577 Top Gainers
PHMD 2.42 16.35% 961433 Top Gainers
CAI 13.00 17.65% 286577 New High
TNAV 8.05 15.00% 1653045 New High
SN 11.24 29.20% 16993449 New High
KIN 6.30 9.57% 2092565 New High
WOOF 91.25 0.27% 2482182 Overbought
GPT 27.43 0.22% 543073 Overbought
ESGN 26.49 0.68% 131376 Unusual Volume
DEZU 24.41 0.70% 28265 Unusual Volume
BNTC 1.85 12.12% 361113 Unusual Volume
OPHC 3.81 6.42% 95899 Unusual Volume
WMS 23.80 2.15% 1216322 Upgrades
AEPI 119.10 0.68% 124275 Earnings Before
CALX 7.35 6.52% 127838 Insider Buying

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

Winning. Double account in two weeks.

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:

09:19 am Curtis M : On the fly today. Be ready. Looks skinny but could go volatile. Lots of moving parts. Movers on screen.

09:27 am Curtis M : $APHB $TBIO $RXII $ETRM then very early looking at $VIX $GOLD

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:27 am Curtis M : $APHB $TBIO $RXII $ETRM then very early looking at $VIX $GOLD
09:40 am Curtis M : 2.14 Long 2000 $NAKD
09:47 am Curtis M : Fill 2.44 sold $NAKD looking again
09:47 am darnel p : I’m Holding
09:48 am Mathew Waterfall : no mic today curt? or is that an issue on my end?
09:48 am Curtis M : i will check
09:48 am Curtis M : yup i was yacking away i will fix it
09:50 am MarketMaven M : works curt
09:50 am Sartaj Hundal : It works
09:56 am Curtis M : Mathew – whats shaking in Gold etc?
10:02 am Mathew Waterfall : Im having issues on my end here my mic/speakers wont work for the site it looks like
10:02 am Curtis M : ok
10:02 am Curtis M : message sartaj he me have a fix:)
10:03 am Curtis M : Long $DRYS 2.01 tight stop 3000
10:09 am Curtis M : out 2.08 $DRYS 3000
10:09 am Sal Q : its gonna fly curt! maybe not
10:13 am Cara R : in $ESEA
10:16 am Curtis M : $GLBS on second halt
10:17 am Curtis M : Shipper flavor of the day
10:18 am Curtis M : Last Nov Dec all over again
10:20 am Sammy T : $CBIO long small tester
10:21 am Mathew Waterfall : Well not sure what the deal is with my mic so I’ll type here until that gets resolved
10:21 am Mathew Waterfall : Gold and the miners/$GDX are holding important levels. Tried to get pushed down off of th open and held up like a boss
10:21 am Mathew Waterfall : Overall market is choppy with $TICKS a bit to the downside but a narrow range so far
10:22 am Mathew Waterfall : Hopeing we get some expansion in the /ES but we are up against some resistance right now so it doesn’t look like that will be to the upside
10:23 am Curtis M : tough
10:24 am Mathew Waterfall : YEa overall very narrow in the general market. VIX is down as usual as of late, looking for some expansion there in the coming days
10:24 am Curtis M : banks r coming off too
10:26 am Curtis M : $RENN chart interesting – bullish indicators
10:26 am Curtis M : My $CBMX swing swinging again
10:32 am Curtis M : $GLBS vol halt
10:32 am Curtis M : $TBIO perky
10:33 am Curtis M : Watching $DSLV
10:45 am Flash G : Looking at $TBIO short with patience
10:49 am Mathew Waterfall : Short against HOD looks decent for $TBIO
10:49 am Mathew Waterfall : if it can get back close to that
10:51 am Curtis M : Tough morning I think I got out lucky with broker donation and two hotdogs and beers
10:52 am Mathew Waterfall : Yea choppy seas out here for sure
10:52 am Curtis M : SEAS:)
10:53 am Cara R : NQ time
10:54 am Curtis M : $TBIO cloud test
10:54 am Curtis M : pop or drop
10:54 am Curtis M : indicators not good
10:55 am Curtis M : VWAP WACKD maybe
11:00 am Curtis M : Long $DRYS 2.07 small starter 1000
11:01 am Curtis M : Stop set at 1.90
11:11 am Curtis M : moderate block on $DRYS just shy of 50,000 shares
11:11 am Curtis M : so fluid tho
11:12 am Mathew Waterfall : Im gonna take a break and reset everything in hopes of being able to get on the mic
11:12 am Mathew Waterfall : Be back shortly
11:12 am Curtis M : kk
11:46 am Curtis M : $RUBI halt violation
11:47 am Mathew Waterfall : On the mic in a second
11:47 am Sammy T : Perfect
11:53 am Carol B : Thanks Mathew
11:53 am Mathew Waterfall : I can hear you!
11:53 am Mathew Waterfall : Finally
11:53 am Curtis M : ol
11:55 am Mathew Waterfall : $NM looking to make a run. over 1.75 would be looking for 2
11:55 am Mathew Waterfall : Sympathy play to $DRYS if it can get going
11:58 am Mathew Waterfall : Also watching $BCEI on highs here
11:59 am Flash G : $AMZN NHOD
12:05 pm Cara R : Grabbing lunch before plays start for afternoon.
12:05 pm Curtis M : Great plan – me too- back in 20.
12:05 pm Mathew Waterfall : Hopefully something plays this afternoon. Might be 3.5 day weekend for a lot of people
12:36 pm Curtis M : $DRYS out 2.06
12:37 pm Curtis M : $PHMD ln 2.36
12:37 pm Curtis M : 1000
12:40 pm Curtis M : Correction avg fill 2.38
12:51 pm Curtis M : Looking to add over 3.57 w indicators on right side – if that occurs
12:51 pm Curtis M : 2.57
12:57 pm Curtis M : Just chew around edges of these till I hookj the right fish is my plan:)
12:57 pm Curtis M : f no big ones thin
12:57 pm Mathew Waterfall : Yepp pretty quiet out here. Added some $NUGT a bit earlier but not doing much sense
01:03 pm Curtis M : Cyber may go for a spin soon
01:04 pm Mathew Waterfall : Rig count down 7, interesting
01:04 pm Curtis M : ya
01:04 pm Curtis M : cause trump gonna gush the planet lol
01:05 pm Curtis M : trump gonna take out saudis watch
01:05 pm Mathew Waterfall : haha drill baby drill
01:06 pm Curtis M : him and putin and yup china buying it bahaha
01:08 pm Curtis M : A lot of people dont know they have to run a certan number of the rigs or it costs too much to restart – that inflectoin point likely at hand
01:09 pm Curtis M : we service the oil industry
01:09 pm Curtis M : ur family business
01:09 pm Curtis M : our
01:09 pm Mathew Waterfall : When will they start adding more wells, that’s my question
01:10 pm Curtis M : the industry will only grow in us shale area all other will be mantenance runs thats it so rgs will level off until trump takes over the world
01:10 pm Mathew Waterfall : so t minus 18 months, got it lol
01:11 pm Curtis M : trump wants to turn world n to a corporation – its gonna be fun to watch
01:11 pm Mathew Waterfall : $TLT on the come back trail today. Strong action though I think that will be a grinder towards 127/130’s
01:11 pm Mathew Waterfall : Hell that might as well happen but it might make too much sense
01:14 pm Curtis M : gold trade going to be tricky with him in power
01:15 pm Curtis M : lol I just retweeted an article that came accross my feed re us oil
01:15 pm Curtis M : timing
01:16 pm Carol B : $MNGA JIGGY GUYS
01:17 pm Curtis M : $PHMD ugh fart
01:17 pm Curtis M : fark i mean fark
01:20 pm Curtis M : Guys on Twitter rigs down cause ts cold – ummmm nope
01:21 pm Curtis M : never seen a rig shut down cause t was cold in 20 years
01:21 pm Curtis M : to warm yes
01:21 pm Mathew Waterfall : haha too cold? They realize where they drill right? Mostly the cold places in the continental americas
01:21 pm Curtis M : unless maybe mexicans?
01:21 pm Curtis M : yup
01:24 pm Mathew Waterfall : $MNGA looking a little low vol for me. Not a huge fan of those illiquid names
01:24 pm Curtis M : ya i only like em when everyone jumps in lol
01:24 pm Curtis M : this is painful
01:25 pm Mathew Waterfall : haha the whole day has been painful. I’m about to go on a boredom rant here just because I have nothing else to do
01:25 pm Flash G : ready
01:30 pm Flash G : Go on a major rant so sartaj can do a special video lol
01:30 pm Cara R : ya hahaha!
01:36 pm Jack D : cuts lots of cuts
01:37 pm Cara R : Scream and yell next time.
01:37 pm Mathew Waterfall : Was that quiet? I had my mic cranked up
01:38 pm Rob D : thanks Mat
01:38 pm Curtis M : Out
01:39 pm Curtis M : $PHMD broker donation and up 2 hotdogs no beer
01:46 pm Mathew Waterfall : chop chop day. Brokers and market makers are usually the winners on these types
01:47 pm Curtis M : broker made more than me today i think lol but i’m gonna get 1 here yet
01:48 pm darnel p : My opinion… you two have skill – lots of rooms I have looked at they get chopped up real time. Not you guys as far as I can tell. Thought you should know.
01:49 pm Mathew Waterfall : $BIOS on the board
01:49 pm Curtis M : darnel… i been watching i hink ou’re account healthy too
01:50 pm Mathew Waterfall : Thanks Darnel. It’s a learning process and we can all get better. Hope explaining some of my thoughts helps
01:50 pm Mathew Waterfall : $GLD up, $GDX down. hmmm
01:50 pm Curtis M : secret capital preservation imo
01:51 pm Curtis M : just my style we all have a style i guess
01:52 pm Curtis M : oil should be a great trade next week fyi
01:53 pm Curtis M : this $JDST bullish
01:53 pm Curtis M : inaugaration week might kill gold
01:54 pm Mathew Waterfall : Watching usd/jpy for gold direction here. boucning around par for the day
01:54 pm Curtis M : its a new market
01:56 pm Curtis M : short Canada is a good play too
01:57 pm Mathew Waterfall : OIl strength should help though right?
01:57 pm Curtis M : nope
01:57 pm Curtis M : US can pump oil 10 – 20 brrl less
01:58 pm Curtis M : NAFTA will unwind
01:58 pm Curtis M : seen all ths happen in 80s
01:58 pm Mathew Waterfall : Interesting. Hey, I like visiting and don’t mind a weak currency up there
01:58 pm Curtis M : lol ya
01:59 pm Curtis M : last round in 80s banks gave me houses every morning signed on dotted line and asked me to do my best to pay
01:59 pm Curtis M : over 1000 over them
01:59 pm Mathew Waterfall : hahahaha wow
01:59 pm Curtis M : coming soon
01:59 pm Curtis M : sad but true Canada got a free ride
02:00 pm Mathew Waterfall : I have been expecting a housing market crash up there for a while. Pushing out the chinese money might be the start
02:01 pm Curtis M : Canada oil one of the most expensve to produce in world
02:01 pm Mathew Waterfall : So the break even numbers of 55ish are a bit low?
02:01 pm Curtis M : and ts dirty and it has major transportation issues – natives / land
02:01 pm Curtis M : Canada needs 65 barrel
02:02 pm Curtis M : break even average some less many need more
02:02 pm Mathew Waterfall : wow. Knew most of it was dirty but 65 is gonna be tough in the coming year at least if not longer
02:03 pm Mathew Waterfall : Especially sense they;ve been pumping and apparently losing money the last 18 months
02:03 pm Curtis M : and other manufacturing – trump not gonna be friendly to canada with manufacturing no way
02:03 pm Curtis M : that leaves marry jane grow ops lol
02:04 pm Mathew Waterfall : Booming industry might as well hitch a ride
02:04 pm Curtis M : buy canadian weed stocks short the country
02:04 pm Mathew Waterfall : I’d laugh if that shows up on MSNBC. PLAY OF THE DECADE
02:05 pm Mathew Waterfall : $BAC green to red as I had talked about earlier. Banks not a great play here afterall
02:05 pm Curtis M : it will be lol I’ll mention it on next interviews coming up – we have a dtring of them coming – holding them off for about 3 weeks but I will say it lol
02:06 pm Mathew Waterfall : Nice. I guess now it’s not really that taboo but would still get some weird looks I bet
02:07 pm Curtis M : Sartaj better not be watching this lol or Ill never do another interview – hes very polite
02:07 pm Curtis M : Next week – I am going to be more aggressive than literally 27 years
02:07 pm Curtis M : this is torture
02:08 pm Mathew Waterfall : so boring, and right in front of a 3 day weekend. Even worse
02:08 pm Curtis M : ya thats my point fark
02:08 pm Curtis M : 1 play
02:09 pm Mathew Waterfall : Fringe benefit of this room. It gives us all something to do instead of boredom trade to lose money
02:09 pm Mathew Waterfall : Hey side not, I just got my fees down to a flat $4 a trade. Booyah
02:09 pm Mathew Waterfall : *side note
02:11 pm Mathew Waterfall : Like $SN short
02:21 pm Curtis M : they were buying snow an hour and a half before news
02:22 pm Mathew Waterfall : somebody always knows somethin
02:23 pm Curtis M : $ZSAN out took my bumps small loss but still a loss
02:23 pm Curtis M : 1.19 out $ZSAN
02:23 pm Mathew Waterfall : Options activity all over the board. Highe call/put blocks in the same indexes. No one knows from the ugly flow today
02:23 pm Mathew Waterfall : $TLT saw some hitters though
02:23 pm Mathew Waterfall : call side
02:24 pm Curtis M : got 1 more bag to dump small $TCCO
02:26 pm Curtis M : $TCCO dumping at 2.525 again small but a loss
02:26 pm Curtis M : NOt holding bags even small ones
02:27 pm Curtis M : Holding $DUST $CBMX $JUNO tho
02:27 pm Mathew Waterfall : Shield your eyes from $GDX then
02:27 pm Curtis M : hahaha
02:28 pm Curtis M : I’ll get out of $DUST with a profit lol – none of them are big posotions anyway just starters – but think Trump gonna kill gold then spike then kill then spike – I believe it wll be the best volatile trading in a long time – specfically gold
02:29 pm Mathew Waterfall : Well if i know one thing about you you’re right more often than wrong. I just unloaded a bit of $NUGT on that spike. will reload if we get a pullback
02:30 pm Curtis M : had a great week – if I’m reading this PL right up 47% – but I could be wrong but think thats it
02:30 pm Curtis M : sartaj will confirm hes doing a pl video
02:30 pm Mathew Waterfall : Not too shabby lolol. You were straight killing those momo scalps
02:30 pm Mathew Waterfall : $ETRM and $SGNL bought some new shoes for momma x1000
02:31 pm Curtis M : u know – i looked back on Monday and Tuesday – had i hammered down wow
02:32 pm Mathew Waterfall : In hindsight we’re all billionaires
02:32 pm Curtis M : im goiong to have to have two charting systems lol
02:32 pm Mathew Waterfall : $GS new lows. Banks getting beat so far
02:33 pm Curtis M : yup
02:34 pm Curtis M : was actually gonna short when CNBC was promo them
02:34 pm Mathew Waterfall : Would have been a good fade
02:34 pm Curtis M : back in 5 bulldog woke
02:34 pm Mathew Waterfall : $SN short here vs .4 kind of attractive. I see this giving up some gains with a good r/r if I’m right
02:43 pm Mathew Waterfall : Sold some $JNUG on this pop as well picked up yesterday at the dump
02:43 pm Curtis M : nice
02:44 pm Curtis M : I think I was trading $XIV around Brexit for 28.50 ish
02:44 pm Curtis M : maybe less
02:44 pm Curtis M : ya 23.50
02:44 pm Mathew Waterfall : I remember trading that in the spring in that low 30’s range all the time
02:45 pm Mathew Waterfall : AThat was like 2 $UXVY splits ago hahahahaha
02:47 pm Mathew Waterfall : Went short $SN here small vs .4. Target 10.5
02:47 pm Mathew Waterfall : Knowing that it gapped hard and could reverse on me over the long weekend so keeping it small
02:48 pm Curtis M : tweeting to piss off some trolls
02:49 pm OILK K : Seen that!
02:49 pm Cara R : I get them too.
02:50 pm Cara R : $SN might be a bg dump.
02:51 pm Curtis M : Man I would have lost that one – I was looking at long
02:51 pm Mathew Waterfall : Need to get past 11.07 for more dumpage
02:52 pm Mathew Waterfall : When you originally posted it was iffy. The fact that it came up and couldn’t get close to the high said short to me but we will see. Not over yet
02:53 pm Curtis M : ya but i would have entered and biled so i owe u drinks on the beach – which needs to be farly soon
02:53 pm Curtis M : longest ive been home for a long time
02:53 pm Curtis M : home is nice but
02:54 pm Curtis M : wow bama pumped about gold
02:54 pm Mathew Waterfall : Beach sounds nice after being in Iceland last week
02:54 pm Mathew Waterfall : That guys is hilarious. Very intelligent I think but holy hell he goes off and gets locked into his thinking
02:55 pm Curtis M : passion
02:55 pm Mathew Waterfall : bias
02:55 pm Curtis M : i will happily dump dust for a gold rally
02:56 pm Curtis M : Just retweeted a bad predictoin for my dust trade
02:56 pm Mathew Waterfall : If we can get up and over 1200 on gold with a backtest I’ll go full bama
02:57 pm Mathew Waterfall : That bear flag look on $DUST is not so encouraging
02:57 pm Curtis M : i can tell u where to go full in
03:00 pm Curtis M : talk about precise algo
03:00 pm Mathew Waterfall : Seriously. Maybe you’re on to something here afterall
03:00 pm Mathew Waterfall : lol
03:02 pm Curtis M : red arrows are the walls
03:02 pm Mathew Waterfall : $30 range between 1210-1240 would be a nice alley to take advantage of
03:03 pm Curtis M : price followed that arrow perfect
03:03 pm Curtis M : stopped perfect too and used support perfect lol
03:04 pm Curtis M : Gold needs over 1241.91 for 90% confirmation and over 1255.93 for like high 99% confirmation
03:04 pm Curtis M : between here and there its all fluff
03:05 pm Curtis M : Actually 1260.23 is the bg number
03:06 pm Mathew Waterfall : That would roughly line up with 24-25 $GDX I would think which I have as big levels in the miners
03:06 pm Mathew Waterfall : Would probably need dollar sub 100
03:07 pm Curtis M : the thing the math has taught me is dont f around with it lol
03:07 pm Curtis M : something about it – like a natural order type thing
03:08 pm Mathew Waterfall : At this point I’ve learned to trust the algo work
03:08 pm Curtis M : so the top of that yellow rectangle is the target
03:09 pm Curtis M : you see how each box price nails the apex of the box?
03:09 pm Curtis M : or tries
03:09 pm Curtis M : doesnt always
03:09 pm Curtis M : anyway miners should hit top of box
03:10 pm Curtis M : 25.50
03:10 pm Curtis M : ish
03:10 pm Mathew Waterfall : Until we fall out that says clearly risk is to the upside if downside is ~21
03:10 pm Curtis M : ya right now 21.44 is support intra
03:11 pm Curtis M : very detailed stuff coming out monday on gold and oil and silver fyi
03:11 pm Flash G : I like that!
03:12 pm Mathew Waterfall : I’m looking forward to that after lightening up this afternoon
03:12 pm Jack D : Makes a lot of sense.
03:13 pm Curtis M : $NFLX winners!
03:13 pm Mathew Waterfall : $NFLX and $FB both put in strong weeks
03:13 pm Mathew Waterfall : Just saw a large $APPL order for feb 130 calls go by as well
03:14 pm Curtis M : Im going to swing Amazon and Google in 2017
03:15 pm Curtis M : $XGTI soooo hard to trade
03:15 pm Mathew Waterfall : Yea I saw that chatter. Sitting that one out
03:16 pm Curtis M : pos
03:16 pm Curtis M : ts like fishing for pickerel and snagging a jack
03:17 pm Curtis M : ugh tempting
03:17 pm Mathew Waterfall : Looks at clock…
03:17 pm Curtis M : ya
03:17 pm Mathew Waterfall : I’ve see a few set ups bit I don’t like late friday movers. Never seem to work for me
03:19 pm Curtis M : chart bot nailed the buy
03:28 pm Curtis M : whoa
03:28 pm Mathew Waterfall : There’s the late firday dump for ya. $TBIO got the same treatment
03:29 pm Mathew Waterfall : Unfortunately $SN can’t get on board here
03:30 pm Curtis M : got ya
03:32 pm Curtis M : all by my self
03:32 pm Mathew Waterfall : Sleeping in at least!
03:32 pm Mathew Waterfall : No early wake up for us west coasters
03:32 pm Sal Q : hahaha yes!
03:34 pm Mathew Waterfall : aca repeal step 1 passed
03:35 pm Mathew Waterfall : interesting to see what this does to ibb
03:35 pm Curtis M : ya
03:35 pm Curtis M : hmmm
03:50 pm Mathew Waterfall : Have a good weekend all. Holding on to my short book through the long weekend. See ya Tuesday
03:50 pm Curtis M : ya shuttinh er down u too1
03:51 pm darnel p : night guys!
03:51 pm Sal Q : thanks!!!!!!!
03:51 pm Hedge H : see you all Tuesday

Article Topics:  $GLBS, $NAKD, $DRYS, $PHMD, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500


My Stock Trading Plan for Friday Jan 13, 2017 in Trading Chat room. $ROSG $CBIO $OPXA $ANY $CPHI $SYRX $MOSY $KBSF $PED – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Pretty Frigid out there!

Part two of day 2 video recap two week double account challenge:

Per previous;

Goal: Double accounts between now and when Trump sworn in. Range opening in our focus areas for scalps that will add quick.

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

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.

Current Holds:

$ZSAN, $TCCO, $CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

Per previous;

Lots of width in what we are trading between now and Jan 20, 2017 (and likely at least short-term thereafter) IMO. Should be really active. My focus will be toward morning momentum plays and scalping range in $NUGT $DUST $JNUG $JDST $USLV $DSLV $UWT $DWT $UGAZ $DGAZ $TVIX $UVXY $XIV.

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Generally speaking I am looking for some volatility between now and late January. My instinct tells me that even if there is some downdraft in the markets that the Trump train will sweep them up in positive momentum at some point.

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

Per 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 first week of January 2017.

Morning Momo / News Bits:

Momo: $PTLA $THST $P $GEVO $IAG $ZIOP $DSW $OREX $SN $DWT $NVLS $JKS $ETRM $NAK $APC $NFLX $MNST $PNC $NE

Watching Pennies: $ROSG $CBIO $OPXA $ANY $CPHI $SYRX $MOSY $KBSF $PED

If you are new to our trading service you should review recent blog posts, our YouTube Channel and at minimum 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. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks 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).

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, 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: $TBIO 32%, $RXII 17%, $P 8%, $SN, $MRNS $OREX $NVLS $DWT $ETRM $GEVO $SCO

I will update before market open or refer to chat room notices.

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

(3) Other Watch-List:

(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: $FB $FTV $LSTR $TIF $GOLD $CFX $GRUB $KMT $CNHI $AR $NFLX $PCAR $PNR $ROP $WMS $MX $FNV $TSCO $EVH $PH as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:$ACLS $ABCO $NICE $DX $Z $DG $GNRC $SNAK $ATU $AAP $CSX $TRS $BCS $GME $IAG $AGI $AUY $MGA $VSTO $PDS $WBC $TNP $NAP  as time allows 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.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

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 and swing trading (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: $ROSG, $CBIO, $OPXA, $ANY, $CPHI, $SYRX, $MOSY, $KBSF ,$PED, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Thursday Jan 12, 2017 $TBIO, $BVXV, $ZSAN, $TCCO, $URRE – $MYOS, $FFHL, $TCCO, $URRE –  $SPY, $GLD, $GDX, $SLV, $USDJPY, $DXY, $USOIL, $WTIC, $VIX, $NG_F…

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:

Official Launch: Four days down and on to day five! This Monday was our official launch!  If you want to watch a thirty year trading veteran in action with a 2 week challenge – to double his trading account in two weeks, come on in and take a look at how its done.

SMS / Email Alerts: Our system was upgraded so all members will now start receiving them for each trade (morning momo trades may not have time to process alerts outside room fyi).

New Service Option: We now also offer a stand-alone trading room option (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00 /mth and w/ promo code is 1.22 per day.

New Service Option: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00 and w/promo code works out to just over 4.00 day.

New Service Option: 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 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.

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

So much happening this week I can’t possibly review every trade. Watch videos as Sartaj releases them for detailed account. I was in $TBIO, $BVXV, $ZSAN, $TCCO, $URRE and more. Wasn’t as good as other days this week but still profitable and worth it. Choppy. Overtraded. Was hoping to increase my sizing as week went on but I’ve had to decrease sizing as week progresses. Hoping Friday is the big day of the week. I’m ready to be aggressive if window opens.

We’re winning.

$TBIO, Stock, Trading, Results

$TBIO – Chatroom Stock Trading Results

Momentum / Noteable Stocks Today:

Ticker Last Change Volume Signal
IOTS 2.85 42.50% 2084554 Top Gainers
VPCO 0.00 40.00% 107262084 Top Gainers
AAOI 29.86 31.43% 4413227 Top Gainers
STRP 41.13 30.95% 1928136 Top Gainers
MRNS 1.40 26.13% 3985262 Top Gainers
ZSAN 1.29 20.56% 1628871 Top Gainers
MPET 13.20 10.92% 530559 New High
AAOI 29.86 31.43% 4413227 New High
TBIO 1.12 287.01% 60337584 New High
URG 0.73 -4.66% 2568207 New High
WOOF 91.00 0.11% 4859450 Overbought
GPT 27.37 0.40% 1001677 Overbought
THST 1.93 -2.53% 4243734 Unusual Volume
HSGX 1.65 8.56% 6309678 Unusual Volume
TBIO 1.12 287.01% 60337584 Unusual Volume
GWL 26.51 0.26% 6783294 Unusual Volume
CAFD 14.09 0.71% 255382 Upgrades
DAL 50.89 -1.07% 14281451 Earnings Before
CNBKA 59.75 -0.91% 4107 Insider Buying

Holding:

$DUST, $CBMX, $JUNO, $TCCO, $ZSAN

Looking Forward:

Winning. Double account in two weeks.

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:

na

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

Sartaj buy / sell alerts below are for Curtis.

08:34 am Sartaj Hundal : https://www.tradingview.com/chart/HSGX/zmF6o3o6-HSGX-One-Minute/
08:36 am Sartaj Hundal : https://www.tradingview.com/chart/RNVA/PcTglpZ4-RNVA/
08:36 am Sartaj Hundal : https://www.tradingview.com/chart/BSPM/0IqtwGDP-BSPM/
09:09 am Sartaj Hundal : https://www.tradingview.com/chart/TBIO/0q4ULBD9-tbio/
09:10 am Sartaj Hundal : https://www.tradingview.com/chart/OPGN/IavMkwL3-opgn/
09:10 am Sartaj Hundal : https://www.tradingview.com/chart/AUMN/rIbjEby3-aumn/
09:24 am Mathew Waterfall : Looking at $BIOC for a quick bounce here.
09:24 am Mathew Waterfall : Also $ETRM
09:33 am Sartaj Hundal : OR WAS THAT “OUT”?
09:34 am Sartaj Hundal : OUT $URRE 3.82 500 SHARES
09:39 am Carol B : $CIEN L
09:39 am Sartaj Hundal : Correction: Out 1/2 would be 4500
09:39 am Sartaj Hundal : Scaling in 2000 shares $APOP avg 5.14
09:40 am Sartaj Hundal : LONG 1000 SHARES 5.54 $APOP
09:41 am Sartaj Hundal : Scaling out 5.86, all shares $APOP
09:43 am Mathew Waterfall : out some $jnug at 9.17 for a pullback. into some $USLV at .59
09:45 am Sartaj Hundal : SCALING OUT $URRE 3.90
09:46 am MarketMaven M : Long$APOP
09:48 am John M : Wow $APOP halts again holding 1000
09:50 am darnel p : $AMD a bit off a short
09:51 am OILQ K : Like $XGTI looking for entries
10:00 am Surf T : In som $THST
10:00 am Surf T : Curt u still bullsh $GDX?
10:00 am Mathew Waterfall : Picked the wrong horse this AM playing $BIOC instead of $ETRM it looks like
10:01 am Mathew Waterfall : hate that
10:01 am Curtis M : ugh
10:01 am Curtis M : yup $GDX till next tues wed
10:02 am Mathew Waterfall : Still like it, expect a fade as has been the usual to buy more on a dip. will be watching both $NUGT and $JNUG. Plan on holding $USLV for a while
10:03 am Mathew Waterfall : Meanwhile $TLT still killing it. Love that
10:03 am Curtis M : yup
10:05 am darnel p : I have a stop on at 2.47 $TCCO – small play I’ll take the loss if need be
10:05 am Curtis M : Darnel – I am gonna follow that lol
10:05 am Curtis M : Mine small too
10:06 am Mathew Waterfall : wow $gdx strong like bull. wondering if we see the daily pullback today or not
10:06 am Curtis M : ya like my alarm huh lol
10:06 am Curtis M : GDX great play should have executed on my conviction bahahaha shite
10:07 am Mathew Waterfall : I’ve learned just to go with my gut on those plays. my gut also said sell my $JNUG for the daily puillback so it’s not always right lol
10:07 am Curtis M : yeah
10:08 am Sartaj Hundal : back
10:15 am Sartaj Hundal : Was in a call, what was the order size and price?
10:15 am Sartaj Hundal : LONG $TBIO 5000 SHARES 0.78
10:17 am Curtis M : I have a stop to sell TBIO at .73 – going to get a coffee back in 20 to take a look at oil gold etc
10:18 am Curtis M : Lol Out TBIO small loss .73
10:18 am Sartaj Hundal : OUT $TBIO SMALL LOSS 0.73 5000 SHARES
10:19 am Mathew Waterfall : looks like a ton of inventory at .8 for $tbio
10:25 am Sartaj Hundal : LONG $ZSAN 3000 SHARES 1.43
10:28 am Carol B : In some $ZSAn w ya
10:32 am John M : $KOS blocks guys
10:32 am John M : $CNHI blocks too
10:33 am Mathew Waterfall : Scanners almost empty here and market internals pointing to the downside. Not much on my board that Im too excited about
10:35 am Mathew Waterfall : GDX Feb 25 Call Buyer +23k for $0.64
10:36 am Mathew Waterfall : here’s the miners fase. will start to pick up some shares here and know that we are likely to see some more downside
10:36 am Mathew Waterfall : *fade
10:36 am Curtis M : On ph w broker re TCCO stop didnt trigger – $ZSAN holding so far
10:41 am Curtis M : So $TCCO stop didnt trigger Darnel and took t off flying with out – also on ZSAN its a hold for me – so both holding – rehit later or sell at loss we’ll see – but I think market will keep taking these for rides
10:41 am Curtis M : Wack a mole
10:44 am Flash G : $AAOI momo
10:57 am Curtis M : Thanks Mat!
10:57 am Rob D : thanks Matt good overview
11:09 am Surf T : market looking very dangerous but it will likely pop again late day
11:10 am Flash G : Curt you holding $ZSAN and $TCCO?
11:10 am Curtis M : Yes small positions hold for aft pop
11:15 am Sartaj Hundal : LONG 200 5.02 $BGXV
11:15 am Sartaj Hundal : 2000*
11:16 am Sartaj Hundal : $BVXV
11:16 am Curtis M : Hopefully I can get on right side of one of these – choppy very choppy
11:18 am Curtis M : Problem is if you’re going to play them you gotta chew around the edges till they take hold or you miss them – so u either play or dont but chew small size
11:19 am Curtis M : Correction: $BVXV 5.05 fill
11:21 am Sartaj Hundal : OUT 5.80 $BVXV
11:22 am Sartaj Hundal : 1000 SHARES
11:27 am Curtis M : looks lke low float mania for a while – dont see me in Oil Gold charts etc for some ime until it slows down
11:31 am Curtis M : On Hold w broker for 17 mins
11:31 am Curtis M : worst ever
11:33 am Sartaj Hundal : LONG 6000 SHARES $BVXV
11:38 am Sartaj Hundal : OUT 6000 SHARES $BVXV 7.17
11:39 am Sartaj Hundal : Very interesting
11:41 am Sartaj Hundal : How many shares of TCCO?
11:43 am Sartaj Hundal : Okay
11:46 am Mathew Waterfall : /GC holding steady over 1200 is a good sign. USD/JPY still on a downtrend. $GDX couldn’t make a higher high but I’m looking for a bounce play
11:50 am Mathew Waterfall : USD/JPY 113’s. Getting smoked
11:54 am Mathew Waterfall : Thought you actually went long spy here lol
11:54 am Mathew Waterfall : Not horrible against 225 but not my play
11:54 am Sartaj Hundal : My mistake
12:03 pm Mathew Waterfall : PLaying $OPXA range today for small scalps. Unloaded some at .94. Reentry around .85. This is one that will have legs sooner or later. Not a Curt play but a mellow grinder
12:04 pm Mathew Waterfall : Final target is 1.05 then 1.15 if it can get going.
12:05 pm Curtis M : thats awesome – whats a Curt play bahaha? super nova or super crash? in 14 seconds or less? 🙂
12:05 pm Mathew Waterfall : Basically lol. I wasn’t considering super crash, those have been rare
12:06 pm Curtis M : haha ya these low floats i ride em when they’r’e rolling late 2015 early 2016 same story
12:06 pm Curtis M : then market correction lol
12:06 pm Curtis M : last time I was on beach – oh yes right i need to go to the beach
12:07 pm Mathew Waterfall : I will say you have many tools at your disposal so smoke em if you got em
12:07 pm Mathew Waterfall : Playing Costa RIca trip for next winter already lol
12:07 pm Curtis M : lol
12:07 pm Mathew Waterfall : *planning
12:07 pm Curtis M : ya ionly thing holding me back is my adopted Bull dog – trying to sort it
12:08 pm Curtis M : $IBB green boys
12:14 pm Mathew Waterfall : $IWN breaking out of bull flag to the downside. Was leader on the way up
12:14 pm Mathew Waterfall : Will be watching the close closeley here
12:15 pm Mathew Waterfall : Also losing fib support
12:19 pm Curtis M : $IBB action decent
12:23 pm Curtis M : Big volatility coming next 5 market days imo
12:24 pm Mathew Waterfall : There’s gotta be. The closer we get to Trump sitting in the oval office the more nervous people will be
12:24 pm Curtis M : yup
12:25 pm Curtis M : is it wrong for me to look forward to that? ha
12:25 pm Mathew Waterfall : I call that making lemonade
12:26 pm Curtis M : haha
12:38 pm Mathew Waterfall : $DUST scalps against downtrend in $GDX working nicely
12:57 pm Curtis M : After 3 calls to broker… I still own $TCCO yay fark
01:03 pm MarketMaven M : nce call on the bonds guys… still slowly on the move
01:05 pm Curtis M : back in 5 for the ramp
01:05 pm Mathew Waterfall : Thanks. Over todays high is importnant. Stopped just short of the 09 crash high at 123.15
01:05 pm Mathew Waterfall : Need over that for more
01:09 pm Curtis M : $MYCC halt news
01:23 pm Surf T : $HMNY looking good here
01:51 pm Mathew Waterfall : $OPXA. Boom
01:51 pm Mathew Waterfall : Sold some at 1.05. Seen this movie before lol
01:52 pm Curtis M : nice took a bit but u go it
01:53 pm Mathew Waterfall : Yepp. I like the set it and forget it plays every now and then. Buy order for more at .85 if it retraces
01:53 pm Mathew Waterfall : Still scalping $DUST here and htere. Not much else attractice ATM
02:00 pm Mathew Waterfall : $IWM back into support here and over crucial fibs. Impressive market strength, this market still needs a flush here IMO
02:02 pm Mathew Waterfall : Q’s making a bit of a double top set up on the day. put tweezers as they say on the second ascent
02:03 pm Mathew Waterfall : $GDX ugly on the 5′. Guess I was right earlier about the fade today
02:04 pm Curtis M : likely run aain tomorrow or late today
02:04 pm Mathew Waterfall : Yea they are ramping jpy as usual. I expect this pattern to play out over the next week. Gap up/run the miners and flush the market, ramp usd/jpy and reverse
02:06 pm Carol B : some waking up
02:14 pm Mathew Waterfall : I feel like I need to wake up. Today has been a grinder
02:14 pm Curtis M : ya i made that mistake yesterday i think it was then i was late to party
02:18 pm Curtis M : I have a certain type of market person telling me full moon was at noon today thats why it slowed and thats why it will start to wake up again here
02:18 pm Curtis M : interesteing dude actually
02:18 pm Mathew Waterfall : Is that why I am growing hair and turning into a werewolf?
02:19 pm Curtis M : he said we are mostly water and like the tide it affects us
02:20 pm Curtis M : he’s oddly rght very often … interesting but not my thing – but find it curious how right this guy is
02:20 pm Curtis M : mssed my buy trigger on KALV
02:20 pm Curtis M : talking about tides and moons instead haha
02:21 pm Mathew Waterfall : lol I missed mine on $DUST as well. o well just wait for another opp
02:23 pm Curtis M : $TBIO got its pop
02:23 pm Curtis M : so were poppin
02:26 pm Curtis M : its like fishing when they just nibble
02:29 pm Curtis M : $ROSG may go after $TBIO fyi
02:34 pm Curtis M : wake up
02:34 pm Mathew Waterfall : Market waking up to the upside. TICKS trending up no 1000+ but going positive
02:36 pm Curtis M : $TROV and $ROSG high watch
02:49 pm Curtis M : This market is gong to rip after inauguration
02:49 pm Curtis M : or b4 but def after
02:50 pm Curtis M : just my humble opinion lol
02:51 pm Curtis M : $TBIO could get snaky
02:56 pm Mathew Waterfall : I still think we’re in for a dump sooner or later. I don’t see this keeping up through the next month or so. Last coupl days seems like cracks starting to show to me
02:56 pm Curtis M : ya dump then rip then dump then rip plz
02:56 pm Mathew Waterfall : That would be great
02:57 pm Mathew Waterfall : Gold getting smashed here and I exited $DUST way too early. NEaring buy zone for a $GDX bounce
02:59 pm Curtis M : other side of the moon baby
02:59 pm Curtis M : lol
03:00 pm Surf T : money time guys coming up
03:01 pm Curtis M : $MRNS perky
03:01 pm Mathew Waterfall : $NUGT for a bounce
03:01 pm Mathew Waterfall : wrong under .5 on $GDX
03:02 pm Curtis M : Chart bot likes $TROV here
03:06 pm Curtis M : $TBIO leg in 500 shares 1.217
03:09 pm Curtis M : $TBIO could rip 50 – 70 cents
03:09 pm Curtis M : or not
03:10 pm Curtis M : risking 5 cents
03:12 pm Curtis M : I guess Im risking 7 cents
03:21 pm Curtis M : Sorry Sartaj that was 5000 not 500 $TBIO
03:26 pm Tyler H : $TBO on its way to 4 times float traded today
03:26 pm Mathew Waterfall : Miners moving like junk. Im done for the day I think. Tried a couple scalps in NUGT. NO nounce so a couple scratches
03:26 pm Tyler H : $MRNS is my pick
03:26 pm Curtis M : enjoy your evening
03:26 pm Sammy T : bye Mathew!
03:27 pm Mathew Waterfall : I’ll hang around until close but sitting on my hands basically
03:27 pm Jack D : $MRNS great candidate for tomorrow
03:29 pm darnel p : $ROKA flow here
03:30 pm Curtis M : Out at 1.182 small loss
03:30 pm Curtis M : $TBIO
03:30 pm Curtis M : Sartaj corrction 1.181
03:31 pm Curtis M : choppy day fo me but still up lol
03:31 pm Curtis M : but chop chop
03:35 pm Mathew Waterfall : Seriously same here
03:35 pm Mathew Waterfall : So choppy
03:35 pm Curtis M : It was worth it – but barely
03:36 pm Mathew Waterfall : OPXA flying 1.30. OUt of everything. Will buy more on a pullback if and when that happens
03:36 pm Curtis M : I hate to be that way – but I dont just lke to get by – just not my thing
03:36 pm Curtis M : some people take offence to that is what Im saying
03:36 pm John M : NOT ME
03:37 pm darnel p : Meee either haha
03:37 pm Mathew Waterfall : This isn’t a good game for people who accept average.
03:37 pm darnel p : good one!
03:38 pm Curtis M : If $TBIO goes I am going to hammer down so hard – sad but true even if theres 10 mins
03:52 pm Curtis M : Holding $ZSAN $TCCO on
03:52 pm Carol B : my only hold $NUGT
03:53 pm Sammy T : nght
03:54 pm Curtis M : Cya Sammy
03:54 pm Curtis M : I should prbs hold $NUGT too but just but
03:54 pm Mathew Waterfall : Have a good night all. I’m going to practice my axe skills to make it through this chop tomorrow
03:55 pm Sandy S : Buy guys – still learning everyday with you guys.
03:55 pm Curtis M : Nice catch Mathew
03:56 pm Curtis M : Gonna shut er down 4 mins early. Over and out.

Article Topics: $TBIO, $BVXV, $ZSAN, $TCCO, $URRE – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500

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