Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Tuesday Jan 3, 2107 –  $IDXG – $APEN, $XBIO, $BIOS – $JNUG, $NUGT, $DUST, $JUNO, $CBMX, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F and more.

Intro:

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

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

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

Notices:

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

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.

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:

I had a decent morning momo wth $IDXG – left way too much on the table, but we had internet guys show up which became a distraction.

Short day because local internet provider showed up during market hours to switch out our equipment.

Momentum Stocks Today:

$IDXG Interpace Diagnostics Group, Inc. 7.50 -0.80 -10.67% — IDXG
$APEN Apollo Endosurgery, Inc. 17.25 +5.09 +41.86% — APEN
$XBIO Xenetic Biosciences, Inc. 5.40 +1.10 +25.56% — XBIO
$BIOS BioScrip, Inc. 1.39 +0.06 +4.32% — BIOS
$NIHD NII Holdings, Inc. 2.70 0.00 0.00% — NIHD
$MBOT Microbot Medical Inc. 7.50 0.00 0.00% — MBOT
$CGI Celadon Group, Inc. 8.73 +1.60 +22.38% 861,728 CGI
$KIN Kindred Biosciences, Inc. 5.15 +0.90 +21.18% — KIN
$XRX Xerox Corporation 6.89 +1.14 +19.83% 64,448,857 XRX
$KOPN Kopin Corporation 3.40 +0.09 +2.65% — KOPN

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

Per yesterday (and days prior):

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

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

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

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

Announcements in Trading Room:

08:40 am   Curtis M : Gainers: $IDXG , $DGAZ, $VNR, $INVT, $DEPO, $LEI $FNBC $GGB $PLX $SGY $SDRL $UWT $ORIG $MTL $BLDP $MRNS

11:44 am   Curtis M : For those that dont have it here\’s an EPIC the Algo chart – looking at long position when support holds if price gets there https://www.tradingview.com/chart/USOIL/9edDLvui-EPIC-the-OIL-ALGO-MEMBER-CHART/

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:21 am Curtis M : DryShips updates revolving credit facility http://seekingalpha.com/news/3233092-dryships-updates-revolving-credit-facility?source=feed_f … #premarket $DRYS
09:30 am Curtis M : Watching $IDXG here
09:31 am Jen F : New 52wk Highs: $BSBR
09:31 am MarketMaven M : $NVLS breakout
09:36 am Sheldon M : $MRNS 10%
09:37 am Curtis M : Long 1000 $IDXG 5.29
09:41 am Curtis M : Out 5.82 $IDXG
09:41 am Tyler H : Nice one Curt I’m still in hahaha
09:41 am Sammy T : Me too I;m holding
09:42 am Curtis M : Crude looking for a pullback throughout day to go long
09:43 am Curtis M : Also watching oil equities main one right now $SGY
09:46 am John M : Out $IDXG 6.59 from 5.30 big win 5000 shares
09:46 am Cara R : I’m out too 6.46 from 5.32 2000 shares
09:46 am Jen F : Me too haha
09:48 am Curtis M : In $IDXG 6.72 2500
09:50 am Curtis M : Whoa I got filled on a stop that was set for 6.72 at 7.01 at the halt – how does that happen? My brokers wow.
09:50 am Curtis M : It’s going to spike after the halt dang
09:51 am MarketMaven M : I’m still in on original and add on $IDXG
09:51 am MarketMaven M : Cost average 4.90
09:51 am MarketMaven M : 4000 shares whoot
09:52 am Carol B : USDJPY comes off a tad and Gold goes up a lot – tells ya something
09:54 am MarketMaven M : $IDXG sold 7.01
09:58 am Cindy L : Wow $IDXG 80%
10:06 am Curtis M : Volume is expanding in crude here
10:07 am Curtis M : $USDJPY testing previous high
10:12 am Sheldon M : $FEYE new intra day high
10:12 am Michael P : Akk out $IDXG hhuge gains thanks Curt
10:13 am Sammy T : Out the last of my $IDXG too for almost 4 per share 7400 shares
10:14 am darni t : Thanks Curt, I think theres ten of us or so that hit that perfect.
10:14 am Curtis M : No Prob
10:16 am Curtis M : Have to reload charts
10:24 am Greg L : 42s42 seconds agoBLOCK TRADE (Microcap): $MCIG 100,000 shares @ $0.200 [10:22:51]
10:59 am Michael P : $IDXG 153% WOWZA
11:03 am Greg L : Healthcare – Top 5 Gainers / Losers as of 11:00 amJan. 3, 2017 11:00 AM ET|By: Mamta Mayani, SA News Editor Gainers: BIOS +21%. CFRX +19%. TCON +15%. TTNP +11%. HLTH +10%.Losers: ITEK -70%. AGRX -16%. VYGR -9%. IMGN -9%. NTEC -9%.
11:09 am John M : LONG $UGAZ
11:46 am Carol B : Looks like price is going to get there Curt
11:55 am Sheldon M : Thats a lot of pressure on crude – it may loose the upward trend channel
11:55 am Curtis M : Volume coming in now
11:57 am Curtis M : price may consolidate here now
12:05 pm Michael P : Long $JNUG heavy here
12:12 pm Curtis M : Crude really close to support zone now
12:13 pm Curtis M : Decent buy risk reward but because of time of year I am going to wait
12:13 pm Curtis M : ButI will likely kick myself
12:14 pm John M : Always the cautious guy in the room
12:14 pm Sammy T : Im going to bite off some $USO here
12:15 pm Sheldon M : Wow $USOIL came off 2,47% in that swipe
12:22 pm Tyler H : Long $TECK 1/5 size
12:23 pm MarketMaven M : BLOCK TRADE: $SPY 500,000 shares @ $224.26 [12:22:19]
12:26 pm Curtis M : Im still trying to find a reason for the violent sell-off
12:27 pm Curtis M : If that was just a sell-off thats not a great sign
12:29 pm MarketMaven M : $WFM long
12:30 pm Curtis M : Gonna grab a quick lunch – could be a volatile afternoon
01:06 pm Curtis M : Room will shut down for an hour guys – the internet techs are here to reset all our systems sorry. Cya in an hour.
01:45 pm Curtis Melonopoly : We’re likely not going to get everyone back in here today – they’re replacing one server at a time and well it had to be done during working hours and they couldn’t tell us what time they were coming. Ugh. Anyway, so I am gonna just trade and if they get everyone back in great – if not oh well – theres tomorrow.
01:54 pm Curtis Melonopoly : While techs are doing there thing I’m going to focus on getting a crude oil entry if it moves – that’s my afternoon.
02:05 pm Curtis Melonopoly : Hey Rob its just you and me lol
02:05 pm Curtis Melonopoly : Im going to start scaling in 5000 $USO and see if this holds.
02:07 pm Rob D : where’d everone go? cant get back in?
02:20 pm Rob D : UWT going wrong way
02:22 pm Curtis Melonopoly : out
02:22 pm Curtis Melonopoly : ya this doesn’t look great yet lol
02:26 pm Rob D : ic ouldnt tell from epic chart if you were going to want to short this morning or not……closest red circle and then reversal?
02:28 pm Rob D : ooooh SCYX….long term hold there

Room ended early with tech attending to switch out our equipment for upgrades.

Article Topics: $IDXG, $APEN, $XBIO, $BIOS, 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, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500


My Stock Trading Plan for Tuesday Jan 3, 2017 in Trading Chat room. $DGAZ $LEI $ALJ $DEPO $ORIG $GLD $GDX $NUGT $JNUG $USLV $SLV $UWT, $DWT, $USOIL, $WTI, $GOLD, $USD/JPY, $SPY, $SILVER, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Notices:

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).

Market Outlook:

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. 

As mentioned previous;

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo Stocks:  $DGAZ, $LEI, $ALJ, $DEPO, $ORIG

$SRPT upgraded to Buy from Neutral at Janney. PT $65

$MRNS Marinus Pharmaceuticals Receives FDA Orphan Drug Designation for Ganaxolone to Treat Fragile X Syndrome

$CLVS $175M offering.

Trump Tweets $GM Crushed premarket.

Shares of Nike (NYSE:NKE) are on watch after the stock is named the best new idea for 2017 at Jefferies.

NKE +2.07% premarket to $51.88 vs. a 52-week trading range of $49.01 to $65.44.

First NBC +15% on asset sale http://seekingalpha.com/news/3233032-first-nbc-plus-15-percent-asset-sale?source=twitter_sa_factset … #premarket $HBHC $FNBC

Nomura selects Starbucks (NASDAQ:SBUX) as its top restaurant pick for 2017.

Stocks gear up for fresh run at Dow 20K http://seekingalpha.com/news/3233030-stocks-gear-fresh-run-dow-20k?source=twitter_sa_factset … #premarket $SPY $QQQ $DIA $SH

2017 starts with a bang; Oil spikes; Techies flock to CES http://money.cnn.com/2017/01/03/investing/premarket-stocks-trading/index.html?section=money_markets&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_markets+%28CNNMoney%3A+Markets%29

If you are new to our trading service you should review recent blog posts and at minimum 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: $DGAZ 22%, $LEI 20%, $ALJ 10%, $DEPO 9%, $ORIG 9% $SDRL $IMGN $GGB $MRNS $UWT $SOHU $FCAU $PLX $XIV $ATW $CS $SVXY I will update before market open or refer to chat room notices.

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

(3) Other Watch-List:

(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: As time allows I will update before market open or refer to chat room notices.

(6) Downgrades: 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.

Regular Trades:

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

The S&P did exactly what we thought it would last year.

We thought Trump would win and that would cause a rally and that did occur. We also expected some rest before EOY and our algorithm called that to the day and almost penny.

Here forward is more difficult to predict – we are going to assess price action as the year turns over and the Trump era unfolds.

I wouldn’t rule out a sell off and I wouldn’t rule out a rally. I think they are both likely in 2017. We just want to catch the inflection right.

$SPY, Intra-day, Fibonacci

Tight Intra-day trading levels. $SPY 527 Jan 3 S&P 500 Trading Chart Update $ES_F ($SPXL, $SPXS)

My Trading Plan for $SPY:

Per previous;

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

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

Outlook:

As noted above, we expect volatility.

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

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

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

We are watching $USD/JPY close of course. We are also watching the Mexico Peso and the Russian markets – both could see significant lift early 2017.

Per previous:

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

Per previous:

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

My Trading Plan for Currencies / Global Markets:

Per previous;

Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

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

As you may know, we called the bottom (if it is) almost to the penny (months in advance) and recently Gold and miners did get lift (which we expected / called). Between now and Jan 20 anything is possible.

It would be most logical that miners would rally and Gold may also.

But you need to remember that Trump has surprised everyone since he started campaigning and a significant Trump rally in the markets cannot be ruled out. If that happens, Gold will obviously most likely see new lows to between 800 – 1000.

So be ready, and lets catch the inflection. I was expecting on last run in USDJPY so be cautious.

Per recent posts:

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

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

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

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

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

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

Outlook:

Per previous;

Same with Gold and miners – on high watch.

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

My Plan for Trading Silver:

Per previous;

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

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

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

Outlook:

At time of writing crude oil has rallied above resistance and is now trading in the next quadrant. Watch for a back test at support.

Trading Plan:

Watching.

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

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

Natural Gas, Chart

NATGAS KISS Chart of the day. Natural Gas.

Outlook: NA

My Trading Plan for Natural Gas: Watching for confirmation (same as above – new year and Trump phenom make it difficult to future cast).

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: $DGAZ, $LEI, $ALJ, $DEPO, $ORIG Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GDX, $NUGT, $JNUG, $USLV, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGAS, $DWT, $SLV, $GLD, $DXY


Gold Trading Algorithmic Charting Update Tuesday Jan 3 GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

Jan 3, 2017 Rosie the Gold Algo Trading Report (public edition).

Good day! My name is Rosie the Gold Algo. Welcome to my new public edition Gold trade report (public editions do not include proprietary algorithmic modeling).

The member edition (that includes the algorithmic trading levels) will be published and in your email inbox soon!

You can follow my intra day tweets here https://twitter.com/ROSIEtheAlgo.

NOTICES:

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.

DEVELOPMENT PROCESS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on individual merit) such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical or geometric factors. I do not yet have AI or Geo integration – only math. I am not a high frequency or bot type algorithm – I am to be used (represented on a traditional chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of Gold. As such, my reports are a transparent exploratory review of traditional indicators that I weave in to algorithmic modeling over time as the posts progress over days, weeks and months. Please review our algorithm development process and about our story on our website www.compoundtrading.com, my charting posts on my Twitter feed and this blog. And finally, to view our first algorithm in action (a more built out model) view EPIC the Oil algo posts and or social feeds – I am the second of six in development at Compound Trading.

FEATURE POST: 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.

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 I will have a rate increase as my model rolls over from early stage – but as with all our offerings, existing members will be grandfathered at locked-in current rates. You can subscribe to the Gold algo member edition here. Plans from $2.04 per day with promo code. 200 limit.

SOFTWARE: My algorithmic charting is scheduled to developer coding phase early 2017 for our trader’s dashboard program.

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

Gold Trading Observations:

Review:

If you have not read the post below, please do so as a foundation to the information contained in this update. This updated post is an add-on for current charting to the previous post.

Current Trading:

At time of writing Gold is trading at 1157.23. Some thoughts that may help advance you trading edge;

Gold, Trading, Chart

Trading at 1157.23 Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Golden Cross:

The elements of a Golden Cross are setting up in Gold. The 50 MA may cross the 200 MA on the $GLD chart.

Golden Cross, $GLD, Gold, Chart

Golden Cross Possibly Setting up on $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Moving Averages:

Trading price on $GLD still way below 100 MA.

$GLD, Chart, 100 MA

100 MA on 1 WK above trading price on $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Using 50 MA crossing upside 20 MA on 1 week as sell signal. 

$GLD, Gold, Chart, 50 MA, 20 MA

50 MA not near crossing upside 20 MA on 1 WK on $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Fibonacci:

Refer to previous post.

Seasonality:

Refer to previous post for charting.

Gold News:

Carter Worth & @Michael_Khouw make a contrarian call on gold $GLD

Algorithmic Modeling Member Section

Alpha Algo Trading Lines:

Proprietary – exclusive to member edition (due before market open).

Alpha Algo Trading Price Targets:

Proprietary – exclusive to member edition (due before market open).

Intra Day Algo Trading Quadrants:

Proprietary – exclusive to member edition (due before market open).

Time / Price Cycle Change Forecast:

Proprietary – exclusive to member edition (due before market open).

Gold and Gold Miner Equities on Watch:

Which Gold Miners Could Provide a Valuation Upside in 2017? A complete listing in early Jan 2017 member editions.

Resource Stock Seasonality:

Included in upcoming member issues early Jan 2017.

Gold Miners Trade Study:

Included in upcoming member issues early Jan 2017.

Algorithmic Modeling Indicators:

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

Good luck with your trades and look forward to seeing you in the room!

Rosie the Gold Algo

Article Topics: Rosie Gold Algo, Chart, Stocks, Fibonacci, Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $GOLD $GLD, $UGLD, $DGLD, Miners, $GDX, $NUGT, $DUST, $JDST, $JNUG


S&P 500 $SPY Trade Update Tuesday Jan 3, 2017 $ES_F ($SPXL, $SPXS) Charting / Algorithm Observations

Good morning! My name is Freedom the $SPY Algo. Welcome to my new S&P trade report.

Notices:

Charting: Over the next three to four trading days the algorithmic modeling for $SPY is our priority so you will see the charting fill out over that time with the primary indicators we use. We’re just looking for a little touch of price action and direction to firm up models.

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.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on individual merit) such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical factors. I do not yet have AI or Geo integration – only math. I am not a high frequency or bot type algorithm – I am to be used (represented on a chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of the S&P500 (more specifically $SPY). Early 2017 I will also provide algo indicators and charting for $ES_F.

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. Please review my algorithm development process and a recent post by my developer that explains more about “Why Our Algorithms are Different than Most”.

I Am In Very Early Stage Development

My algorithm is the fifth in the line of six that my developers are working with – which means I am in the very early stages. So you will find my charting below to be very simple (relative to say the first algo they developed EPIC the Oil algo). So if you find that my initial charting does not assist you with an edge in your trading please let the office know by emal [email protected] within 30 days of signing on so they can refund you. If you do chose that option, you can always check back early 2017 when my algorithm processes / indicators for your trading edge will be very extensive (mid Jan).

$SPY Trading Observations:

Primary Support and Resistance

We thought considering the last three January trading months in 2014, 2015 and 2016 were full of volatility that we would first focus on main support areas.

Main Support is between 208.17 and 219.38. I know this is a wide range, but that is the support zone. If price action breaks below 208.17 the chart is considered broken. If it breaks below 219.38 it is at risk only – but not broken.

Primary resistance is the most recent high area that still hasn’t broke since we called it the day before Fed speak in December. This resistance is not going to be easily broken.

Support and Resistance Lines and Fibonacci

Traditional support and resistance points from previous time cycle and Fibonacci levels to watch.

I know this chart becomes cluttered and difficult to see, but those are the levels our traders use to trade the S&P 500 with primarily – support and resistance from Fibonacci lines from different time / price areas. In fact there are many more they use but it does become really cluttered. Also, pay attention to the diagonal fib represented trend-lines (white dotted) – when price looses a trend-line it usually means price is in downdraft mode. This includes simple diagonal trend-lines shown in chart below also.

$SPY, Fibonacci, Chart

Fibonacci $SPY 358 Jan 3 S&P 500 Trading Chart Update $ES_F ($SPXL, $SPXS)

Simple Diagonal Trend-Lines (Blue)

The reason we start with simple lines (as one of our primary indicators) is that in many instances price will use simple lines for a bounce or further downside. If there are more than one simple line that price is challenging all the more probability for a bounce or further downside. In other words, you will find that price is more probable to find inflection points when it hits a Fib support or resistance line and a diagonal trend-line at the same time.

Trendlines, $SPY, Chart

Simple Diagonal Trend-Lines $SPY 507 Jan 3 S&P 500 Trading Chart Update $ES_F ($SPXL, $SPXS)

Building the Probabilities for Buy Sell Signals in Algorithmic Model – We Start With Simple MA’s

With our algorithmic modeling our development philosophy has been to keep it simple. One way we do this is to start with the MA’s and how they might become predictable buy and sell triggers on various time-frames – once we have reviewed them all (which I won’t include all in these posts because there are many hundreds of variations and these posts would become books) we then calculate the win rate % for each win / loss for each time frame for each MA. Simple right? It actually is – the more difficult part is actually processing the information.

Once we have the MA data processed for all time frames we then have buy / sell triggers with probabilities attached to each for our buy / sell alerts. We can then move on to other indicators such a Fibonacci and many more (all of which become part of our probability set for algorithmic targets). So for the next few days we will review some of the more considerable MA’s a trader can look at.

200 MA Crossing 20 50 100 MA on 1 Hour Chart

Here is the most immediate MA set-up our trader’s our watching intra – when the 200 MA crossed the 20 50 and 100 and price gets above the MA’s on the 1 hour. Watch this close if price action gets lift over the coming days.

$SPY, Chart, 200 MA

200 MA crossing 20 50 100 $SPY 446 Jan 3 S&P 500 Trading Chart Update $ES_F ($SPXL, $SPXS)

Trading Tight Intra-day

I know the chart is difficult to see with the overlapping charting – but these are the tight intra-day levels our traders are using today.

$SPY, Intra-day, Fibonacci

Tight Intra-day trading levels. $SPY 527 Jan 3 S&P 500 Trading Chart Update $ES_F ($SPXL, $SPXS)

Alpha Algo Trading Lines:

Over the coming days we will establish these based on indicators intra-day price action. The market just isn’t giving us enough movement yet.

Alpha Algo Trading Targets:

Over the coming days we will establish these based on indicators intra-day price action. The market just isn’t giving us enough movement yet.

Intra Day Algo Trading Quadrants:

Over the coming days we will establish these based on indicators intra-day price action. The market just isn’t giving us enough movement yet.

Time / Price Cycle Change Forecast:

Over the coming days we will establish these based on indicators intra-day price action. The market just isn’t giving us enough movement yet.

Conclusion:

Over-all, we are actually bullish on the S&P 500 with the understanding that any point the market could dive under pressure with Jan 20 on deck. So take it one decision at a time. Our immediate intra-day bias however is to find an inflection bounce and go with it. The chart is not broken, and if and when it is we will let you know.

Good luck with your trades and look forward to seeing you in the room!

Freedom the $SPY Algo

Article Topics: Freedom $SPY Algo, Fibonacci, Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $SPY, $ES_F, $SPXL, $SPXS


Tues Jan 3, 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:

CHARTING: There is a significant decision in price coming – watch notices close over coming days! And see below a very important diagonal trend-line resistance is on deck also!

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.

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

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

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

MULTI-USERS: Institutional / commercial platform now available.

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

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

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

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

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

Below you will find my simplified view of levels that can be used on a traditional chart (both intra-day and as a swing trader or investor). This work, and subsequent trading, should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on. Questions to; [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 3, 2017.

https://www.tradingview.com/chart/USOIL/9edDLvui-EPIC-the-OIL-ALGO-MEMBER-CHART/

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 54.00 755 PM ET Jan 2, 2016. Some thoughts with respect to traditional charting that may help advance the trading edge:

OIL, Chart

Oil trading chart intra. Crude algo intra work sheet 758 PM Jan 2, 17 FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

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).

The trading price is getting really close to having to make a decision now. Either up over significant resistance or sideways or drop out of the upward trending channel. Our bias is up over resistance because a. the trend is your friend and b. until we reach the incoming down-trending diagonal trend-lines (blue) from previous time – cycles, you will see on charting below. However, you need to be ready for both scenarios.

Per Previous;

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

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

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

Diagonal Trend Lines:

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

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

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 that is 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 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. Below are a few examples.

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

20 MA, 4 Hour, Chart, Oil

20 MA on 4 hour crude oil chart. Crude algo intra work sheet 825 PM Jan 2, 17 FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Fibonacci Levels:

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

There are fib levels on the chart below. We are currently running calculations with our modeling on how fib levels relate to our targets and trade levels – so our fib charts may look at times more like mad science than anything.

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

Fibonacci. Crude oil trade chart. Crude algo intra work sheet 833 PM Jan 2, 17 FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Crude, Oil, Fibonacci, Chart

Fibonacci. Crude oil trade chart. Crude algo intra work sheet 833 PM Jan 2, 17 FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Horizontal Trend-Lines (purple):

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

Advanced Charting:

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

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

Oil Time / Price Cycles:

There is a chance of a time / price cycle change to the downside coming here. Especially be cautious around Tuesday 4:30 Wednesday 10:30 and Friday 1:00 reporting time-frames for changes in price. If price terminates to upside watch for support to hold (previous resistance). Also remember the diagonal trend-line (shown above in chart) that is going to come if price trades to upside.

Price Cycle, Crude, Oil, Chart

Time price cycle coming to end. Crude oil trade chart. Crude algo intra work sheet 833 PM Jan 2, 17 FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

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

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

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

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

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

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

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):

Weekly algo targets. Crude algo intra work sheet 740 PM Jan 2, 17 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Algo, Targets, Oil, Chart

Weekly algo targets. Crude algo intra work sheet 740 PM Jan 2, 17 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

So what is your most probable algo target for Tuesday 4:30 PM EST etc? Your closest target that crude is trending toward is always the most probable. Crude is currently trending toward a target (red circles on chart) Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

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

Tuesday 4:30 PM EST – 51.80 (9%) 54.44 (39%) 55.86 (21%) 56.71 (6%)

Wednesday 10:30 AM EST – 51.90 (8%) 54.61 (38%) 56.05 (20%) 56.99 (5%)

Friday 1:00 PM EST – 52.58 (6%) 55.21 (35%) 56.65 (17%) 57.82 (3%)

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

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

ALSO VERY IMPORTANT, algo targets and algo trend-lines are not near as predictable in and around weeks where the holidays change the reporting dates such as last week and this week.

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

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

Oil Intra-Day Algo Trading Quadrants:

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

Indicator Methods:

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

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

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

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

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

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

Conclusion:

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

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” soon, but it will be simply be a recap (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our blog and website. You can also send specific questions to our email inbox at [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 Dec 30 –  $MRNS, $UVXY, $CEMP, $NVLS, $ERIC, $CNAT, $CXRX, $MRNS, $JNUG, $NUGT, $DUST, $JUNO, $CBMX, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F and more.

Intro:

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

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

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

Notices:

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

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.

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:

$MRNS was one momo play I had with small gain and $SSH with a wash. Later in day I had four $UVXY snipes that worked near perfect at 3000 shares each and 10 – 12 cents sniped on each.

Mathew and the team had a number of successful long and short trades – impressive group in this room. Talent base for any budding trader to learn from. I’m learning from them.

Momentum Stocks Today:

Momentum stocks were a mixed bunch and there wasn’t anything real noteworthy.

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

Per yesterday (and days prior):

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

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

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

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

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

Announcements in Trading Room:

08:39 am Curtis M : Gainers: $MRNS $IMGN $ARWR $ANY $PLUG $HMY $IDGAZ $XXII $NVLS $ALV $CRH $ICON $FRO $NVAX $RUSS $SWHC $GFI

 

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

09:12 am Mathew Waterfall : Looking for a pullback in the miners today to reload likely on $NUGT. Only real trade I’m looking for. Volume should be light making early morning moves muted
09:15 am Mathew Waterfall : While American investors and traders were sleeping, the combination of a rush of computer-generated orders and low liquidity prompted a 1.6 percent spike in the euro.Coinciding with the start of the Asian trading day, the euro was trading just below $1.05 but quickly soared as high as $1.0653 , which forced dealers to cover positions at losses.According to Bloomberg , the euro wasn’t the only major currency to exhibit a sudden move. The Swiss frank similarly spiked higher by 1.6 percent against the dollar and the Japanese yen gained 0.4 percent at the same time.Within an hour the currencies mostly pared their gains. The euro was higher by around 0.5 percent ahead of Friday’s U.S. stock market open. At the same time the Swiss franc was higher by 0.4 percent and the yen erased all of its gains and was lower by 0.3 percent.The euro/U.S. dollar is the most traded currency pair but the mini-flash crash isn’t necessarily reason for concern.Shigeki Yoshitoshi, head of Japan foreign-exc
09:22 am Mathew Waterfall : $GDX levels I’m watching at the open here are 50 day at 21.92 and fib level at 22.10. Over those with a backtest and I am feeling pretty good about higher. Failure and I get nervous and look for a pullback
09:27 am Curtis M : Momo $CEMP, $NVLS, $ERIC, $CNAT, $CXRX, $MYL, $XIV, $OPHT, $ELGX, $SHPG
09:29 am Mathew Waterfall : Got in a bit of that $OPHT for a long rande pop. Would be nice if it popped sooner rather than later
09:31 am Mathew Waterfall : Legging into $NUGT swing
09:31 am Curtis M : $MRNS Long 1.11 3000
09:33 am Curtis M : Out 1.14 stopped
09:34 am Mathew Waterfall : Out $NUGT 8.77 to 9.04. Still thinking we get a pullback before EOD so playing tight
09:34 am Mathew Waterfall : $GDX over 22.1 and I’ll get back in
09:36 am Mathew Waterfall : USD/JPY ramp on deck. This is what had me nervos. Not trying to rush trades here already sitting on $IAG, $AUY, $USLV positions
09:38 am Cindy L : Long $CETX from 7.11 butI dont hink its going to hold
09:40 am Mathew Waterfall : $KSS coming off from an early attempt to run. I hate this stock so much
09:42 am Curtis M : $SSH scaling in as I can
09:45 am Mathew Waterfall : Might not get the pullback here in miners. Expecting some mid day wekaness there with a ramp in usd/jpy and equities. We’ll see
09:47 am John M : My $VBIO coming along well
09:50 am Mathew Waterfall : In a few more $OPXA at .952 after unloading some yesterday at 1.07. Very patient with this one
09:54 am Mathew Waterfall : $IMGN getting wild for all you morning momo players out there
09:55 am Jack D : $NVDA weaker than I expected
09:55 am Mathew Waterfall : $GDX clearly over target one of the 50 day. Trying to get over target 2 at 22.1
09:56 am MarketMaven M : In $OVAS small
10:03 am Mathew Waterfall : GOLD drop on deck let’s see how far this gets
10:04 am MarketMaven M : Just sold off my $JNUG from yesterday
10:05 am Mathew Waterfall : Good play MMM. I really wouldn’t be surprised to see either a 5 point pop or a 5 point drop in Gold today
10:05 am Curtis M : $SSH I am leavng 1000 shares wash
10:08 am Mathew Waterfall : USD/JPY again failing at the 9 day on the 5′. Same level that hammered it down yesterday for most of the day until they ramped it through
10:09 am darni m : Curt $MRNS WINNING! hehe
10:14 am Curtis M : $JNUG what a champ – perfect storm scenario would be a ramp in USDJPY so I can exit $DUST and enter long side of GOLD etc – I can hope
10:15 am Curtis M : Whay to go Darni
10:15 am Curtis M : I thnk i have false hope
10:15 am Mathew Waterfall : Just added back small $NUGT at .92. Still think we see lower here
10:16 am Mathew Waterfall : Looking for entry around low of day/open
10:18 am Mathew Waterfall : Here’s the flush I was after
10:20 am Mathew Waterfall : $NUGT small add 8.6
10:22 am darni m : Short $CETX
10:26 am Mathew Waterfall : Content to sit and see how this plays out at this point. EOY may get a bit weird as well so staying light
10:27 am Curtis M : Im gonna load for volatility lol
10:27 am mar del : THANKS
10:28 am Mathew Waterfall : $TVIX or $UVXY on my radar as well but I don’t like holding those too long. I’m not as confident as you are in those plays Curt
10:28 am Curtis M : Thinking vol $VIX climb here soon
10:28 am Curtis M : 14 min avg hold lol
10:29 am darni m : $VAPEjiggy
10:31 am Curtis M : nice short on $CETX dani
10:32 am Curtis M : $XBIO Resumed 10:30:23. Volatility Trading Pause. (Halted: 10:25:23)
10:34 am gary y : 500K dark pool print VXX 25.31
10:37 am Mathew Waterfall : Added a few $IAG on this pullback
10:38 am Curtis M : thanks gary
10:39 am Mathew Waterfall : Likely done for the day here. Will see how this plays out and keep my nose clean
10:47 am Greg L : Gold going to ramp EOD my guess
10:47 am Greg L : $MRNS banked and watching it for afternoon session
11:03 am Curtis M : Watching volatility and Gold for afternoon session
11:09 am Curtis M : BLOCK TRADE (Microcap): $NOK 400,000 shares @ $4.83 [11:08:18]
11:15 am Curtis M : away for 10 mins
11:18 am Curtis M : Thanks Mat makes sense

Once again our trading platform provider parsed our admin report so we have requested the rest of this transcript from them and will post as soon as it is made available to us. Third time in as many months.

Afternoon for myself was successfully trading in and out of $UVXY four times as volatility increased in the S&P 500.

 

Article Topics: $MRNS, $UVXY, $NUGT, $CEMP, $NVLS, $CNAT, 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, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500

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