17
Apr 2017

Post-Market Thurs Apr 13 $OCRX, $NVET, $CALI, $USOIL, $WTI, $DWT, $GLD, $XIV, $VIX

Compound Trading Thursday April 13, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading

Post-Market Thurs Apr 13 $OCRX, $NVET, $CALI, $USOIL, $WTI, $DWT, $GLD, $XIV, $VIX

Post Market Report (Trade Results) , , , , , , , , , , , , , , , , , , , Curt Melonopoly

Compound Trading Thursday April 13, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $OCRX, $NVET, $CALI, $USOIL, $WTI, $DWT, $GLD, $XIV, $VIX – $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …

Intro:

Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).

Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.

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:

Most recent lead trader blog posts:

Trading Checklist (Rules) I Follow Before Triggering. Part 2 of “Freedom Traders” Series.

Now I’m Inspired! My Guarantee to Struggling Traders (and Yours). Part 3 “Freedom Traders” Series.

Yesterday’s Post Market Trading Results can be found here:

Today’s Premarket Trading Plan Watch-list can be found here:

Most Recent Swing Trading Simple Charting can be found here: Swing Trading Simple Charts (Public) Apr 16 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY, #GOLD, #SILVER

Premarket watch-list for me was all about: 

$OCRX $STAF $EYES $AAOI $TVIA

$OCRX Premarket Chart

$OCRX Premarket up 40% on news.

In play today in chat room and on markets:

Premarket was in $OCRX $STAF $EYES $AAOI $TVIA and then on the day it was $NVET, $CALI, $STRM, $VSTM and a few others. I didn’t trade any day-trades but did some Swing Trading management on that platform.

On the OTC side my $LIGA call was playing out well.

Also on top of $USOIL, $WTI intensely of course because I am in $DWT and Gold $GLD because I am in 1/5 small position in $DUST and $XIV, $VIX, $SPX, $SPY play getting interesting to me so watching very closely.

How-to Trade Stocks, Lessons and Educational:

It’s not about picking the right stocks. Focus should be mechanics of the trade – indicators for entry, exit, sizing, timing, trailing etc.

What a great post ???⤵ #trading #success

“Rules Based Approach” If there was only one thing I could drive home w/ new traders (that I speak to all day every day) is this one thing.

Never blame, never complain, never lack gratitude for the opportunity to learn. Be a good loser, dust off and move on to the next trade.

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size to micro sizing) – $DUST, $DWT, $XIV, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
NVET 6.62 63.46% 1675615 Top Gainers
CALI 2.99 25.10% 5173259 Top Gainers
OIBR-C 6.73 19.54% 19104 Top Gainers
CO 8.01 15.09% 971070 Top Gainers
STRM 1.31 14.20% 821419 Top Gainers
VSTM 1.85 14.20% 1075600 Top Gainers
IMNP 2.55 1846.56% 326704 New High
NVET 6.62 63.46% 1675615 New High
CO 8.01 15.09% 971070 New High
MDXG 10.74 8.48% 4540807 New High
STRP 91.70 -0.33% 326559 Overbought
NVET 6.62 63.46% 1675615 Overbought
NVET 6.62 63.46% 1675615 Unusual Volume
SRNE 1.80 -38.98% 9131264 Unusual Volume
SPU 2.94 -44.84% 2244165 Unusual Volume
RORE 15.43 -0.06% 88200 Unusual Volume
CPE 12.51 -4.72% 7838100 Upgrades
APOG 50.72 -12.67% 2068900 Earnings Before
APO 25.62 -0.70% 2800200 Insider Buying

Market Outlook:

Our futures?⤵

#earnings $BAC $NFLX $GS $UNH $JNJ $IBM $GE $QCOM $VZ $SCHW $MS $CUDA $BX $PGR $V $MTB $HOG $ABT $UAL $CMA $RF $USB ⤵

Selling ahead of tax day is normal. So is a bounce after. We discuss here ….

Algorithm Charting News:

⤵ That tweat cause our $SPY algorithm warned us /members TWO WEEKS before last high we’d not return to high for some time?? @FREEDOMtheAlgo

⤵Epic nailed the top when the world was screaming this. @EPICtheAlgo

I wouldn’t get too excited long $SPY $ES_F $USOIL $WTI etc. until most recent highs are taken out and confirmed.

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

Swing Trading Notes / News:

When I started talking leaning in to oil related short 4 days ago LOT of people, well you know. EPIC the Oil Algo ?? $USOIL $WTI $CL_F #OIL

The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.

US Dollar $DXY $USDJPY $UUP & Currencies of Note:

NA

Gold $GLD $XAUUSD

$GLD: SPDR Gold Shares Testing Post-2011 Down Trendline (linear scale) $GC_F

Keeping it simple doesn’t hurt??⤵ #Gold $GLD $XAUUSD $GC_F #Commodities

Gold Miner’s $GDX:

For those buying GDX on war concerns. Gold production tends to collapse during wars. Resources diverted to war efforts.

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

#IEA >>More oil on the market than last year, a report finds

HEDGE FUNDS’ ratio of long to short positions in NYMEX WTI rose to 5.4:1 on Apr 11 from 3.6 prior week and recent low of 3.1 on Mar 28

Seasonality. Crude oil. $USOIL $WTI $CL_F #Crude #Oil

U.S. Oil Rig Count Climbs to Highest in Almost Two Years

WTI producers have trimmed their net short position in 2017 (mainly through more long exposure)

Volatility $VIX:

$VIX Market Bottoms ? …. Is A Market Bottom Near? Watch For A VIX Spike Reversal – blog by @hedgopia
$SPY $VIX $VXX

Stat Of The Day>Record $VIX Term Structure Skew: 1Mo/3Mo (VIX/VXV) @ Extreme High;8-Day/1MO (VXST/VIX) @ Extreme Low

$SPY S&P 500 / $SPX:

A number of notable short-term extremes suggest $SPX is near a point of reversal higher.

$NG_F Natural Gas:

NA

Live Trading Chat Room Video Raw Footage and Transcript:

Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day)

 Compound Trading Stock Chat-room Transcript:

Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades). 

Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix. Also, please note, sometimes pieces of the transcript are missing (also something we are working on). But the video is raw and complete.

Optionsavvy: gm
Optionsavvy: I am looking for a calculated buy off yesterdays low as support. Mkts need to open near here or the RR wont be in my favor
Optionsavvy: UVXY also at a top of range here which supports a short VIX and a long mkts
Flash G: morning
Optionsavvy: Mkts closed tomorrow so watch your options exp
lenny: Good morning! Shopping day.
eddie: morn
Curt M: Protected: PreMarket Trading Plan Thurs Apr 13 $OCRX $EYES $AAOI, $SPY, $GLD, $GDX, $USOIL, $WTIC Link: https://compoundtrading.com/premarket-trading-plan-thurs-apr-13-ocrx-eyes-aaoi-spy-gld-gdx-usoil-wtic/  PASSWORD: PRE0413
Curt M: Open watchlist: $OCRX $STAF $EYES $AAOI $TVIA on mic at 9:28 for open >>>>>>>>>>>>>>
Curt Melonopoly: $OCRX http://finance.yahoo.com/news/ocera-therapeutics-announces-presentation-data-200500336.html?.tsrc=rss
Curt Melonopoly: $EYES http://finance.yahoo.com/news/second-sight-argus-ii-retinal-110000258.html?.tsrc=rss
Curt Melonopoly: $AAOI http://www.marketwatch.com/story/the-cloud-boom-is-still-raining-money-on-optical-networking-companies-2017-04-12?siteid=yhoof2&yptr=yahoo
lenny: Looks calm. Some fear perhaps.
Curt M: Snowing here. Mountain snow. Huge flakes.
MarketMaven: Ut sucks.
MarketMaven: SNowboarding this weekend:)
mathew: Hey curt, here’s a VIX chart with levels to watch http://tos.mx/4qaoMO
MarketMaven: Thanks Mathew – he’s outside doing something.
MarketMaven: Mad.
MarketMaven: Snow.
Curt M: Back
Curt M: Thanks
Optionsavvy: Snow?
Optionsavvy: ha ha whats that ?
mathew: With the VIX I like to keep charts simple and only chart major levels. Im watching to see if we can make it to that down trend which I doubt but that would be a vol short for me
Curt M: Piss me off
Curt M: Surfer stuck in mountain snow land
Optionsavvy: what a difference a day makes. IWM short was money yesterday because it was weak. today is strong on rel basis so will be my long if I try at open
Cara: uck
mathew: /NG on a ripper from yesterdays lows
Curt M: $BLTO halt
Optionsavvy: long $QQQ here
Flash G: $DIS bullish tape
mathew: Short term gold shouldn’t have much room to the upside here with large divergences from real rates. More war premium can pop it but I’m cautious on gold. Miners have also played like crap thus far in the most recent run
Sammy T: all over $LIGA since last week it will be a multi bagger
Sammy T: lens in it to
Flash G: Adding to $BABA swing today
Flash G: Possibly $QQQ
Curt M: $XLNX scanner firing off on this
Curt M: We have a new 200 MA scanner coming out FYI – our coding
Optionsavvy: taking off half QQQ calls +100%
Curt M: nice
Curt M: MACD turns up on $XLNX on daily I’ll likely take it long
Flash G: $QCOM MA chatter on $XLNX
Flash G: $SHOP has chatter also
Flash G: You might be right about NASDAQ next week Curt.
Hedgehog Trader: what about Nasdaq next wk?
Hedgehog Trader: morning gents
Hedgehog Trader: and lasses
Curt M: Looking at adding to $XIV late today. Also looking at possibly adding to $DWT. And some tech stocks.
Curt M: Hey Nich.
Curt M: Next week I was saying I’m bullish $SPY and NASDAQ
lenny: $RTTR multi bagger on the way
Hedgehog Trader: yup and we have an astrological reason to start being bullish next week – Venus which also governs business and relations (think geo tensions) ends a 6 week retrotgrade period on Saturday
Flash G: $AAPL chart repairing
Curt M: Agreement is powerful.
Flash G: $NFLX chart repairing
Flash G: I think you guys hit it on the head. Next week could be very big.
Curt M: 10:03 Off mic – no momo plays – scanning – will do chart review at 12:00 EST – 1:00 EST in preparation for next week >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Hedgehog Trader: Curt, one of my forecasts on $IWC microcap index shows a very high magnitude one month move after Apr 17th

Curt M: Nice
Hedgehog Trader: so my guess is we see pressure relieved and a huge rally
Curt M: Lets review charts over lunch if you can (any you like) for next week set-ups. List them here if you got em everyone.
Curt M: Hedge is on it:)
MarketMaven: GOOD I need some momos
Hedgehog Trader: what may surprise some is that i do think the miners will also rally
Optionsavvy: out QQQ .44 2nd half from .12 +266%
MarketMaven: Banka!
MarketMaven: haha congrats savvy!
Optionsavvy: 🙂 my day is done. will look for setups for you guys though
Hedgehog Trader: very savvy Savvy!
Curt M: Nice way to cap the week Scott
Optionsavvy: ty ty
Curt M: Look at $XLNX bull power
Optionsavvy: ENTL on scan
Optionsavvy: prob more of a reversal / swing 1-2 weeks
Optionsavvy: these gold names still all over my scans
Optionsavvy: TRX candian miner coiled up off lows
Optionsavvy: Canadian even
Hedgehog Trader: $THM
Optionsavvy: eyeing IWM short but going to be a small pos
Optionsavvy: missed it
Flash G: I took the entry on $XLNX – looks good
MarketMaven: haha they’re going to run the china plays
MarketMaven: all over the scanner
lenny: $RTTR is going to rip in to next week – adding here
Flash G: Every tech name I follow is repairing or about to rip as you say.
Optionsavvy: saw a few china plays on my scan this morning Maven. I discard them because I dont trade them but let me see whats on there
MarketMaven: 🙂
Optionsavvy: JMEI not bad
Optionsavvy: http://www.finviz.com/screener.ashx?v=211&f=geo_china,sh_avgvol_o50,sh_price_u15,sh_relvol_o1.5,ta_perf_dup&ft=4
MarketMaven: I know theyre all junk
MarketMaven: sometimes i will just scalp em
Flash G: $SHOP break out likely to hold IMO
MarketMaven: Careful with $ZENO
Flash G: Curt, $SPY may turn up here – its possible.
Flash G: If it does that may be the trigger for the buys for next week instead of waiting until EOD.
Curt M: I think I’ll wait – but it looks decent.
Curt M: Its got the 20 MA up through the 200 on the 3 there
Curt M: SQZMOM not confirming
Optionsavvy: SPY at hard res 234.35 imo
Curt M: agree
Optionsavvy: next res above have marked is 234.15
Optionsavvy: oops 235.15
Curt M: yup
Optionsavvy: SPY trying
Curt M: there was a decent block there just now
Optionsavvy: mkts going to run now. my QQQ is HUGE now oops
Optionsavvy: DOW might get a bump here next major res 20745
Flash G: All my charts repaired in Tech and some on DOW too now.
Optionsavvy: move failing. may try some IWM puts now
Sammy T: $URRE tape coming alive
Optionsavvy: that auto loan default comment on your feed sounded a LOT like what they were saying in 05-07 about housing. its an asset and has a tangible value. think we all know how that worked out
Sammy T: yes
Flash G: Doesn’t look good the autos. Canadian housing prices too.
Flash G: Toronto and Vancouver.
Flash G: $GOOGLE strong now
Optionsavvy: cyclical trade would be short GM and F . auto values will collapse and noone buying anything
Flash G: $SPY still might take off from here.
Flash G: 50 MA about to cross up through 100 on the 3 there you never know
Optionsavvy: imo DOW would have to get moving for anything meaningful to happen today
Flash G: Thats a fact
Optionsavvy: starting to look like I’m heading to golf course early 🙂
Flash G: Well enjoy! I will be in the scotch at 1PM for an early tip.
Optionsavvy: this AXSM is setup nicely. got long it early in the week but might cut it loose if it doesnt wake up soon
MarketMaven: haha I’d like to see you take a puff Flash
MarketMaven: that would be funny
lenny: $CERU hit scan
lenny: $ESEAS gets a buy rating
lenny: $CNBX adding here
Optionsavvy: ok stepping away for a bit. stop back later GL all
Curt M: k
Flash G: Going for lunch
MarketMaven: Me too
Curt M: Theres not enough juice in the market to do chart reviews today so I am setting that off to first day back next week.
Sammy T: I agree.
Flash G: Thats good because I want out early I think.
Flash G: Still convinced SPY take off soon.

Sammy T: on lunch
Curt M: $USRM 5MM Funding news
Hedgehog Trader: $THM volume picking up (Alaskan goldie like $NAK)
Hedgehog Trader: i wonder if $LIT fills the gap before the next run begins
Flash G: Like $LIT
Hedgehog Trader: platinum trading at a good discount to gold $PPLT
Hedgehog Trader: miner $PLG a nice entry
Sammy T: so slow
Flash G: $TSLA
lenny: Curt – your $LIGA call hit.
MarketMaven: yup thats a good one – still in
Curt M: yepp
lenny: BLDP HOD
lenny: $CBIS +35%
Flash G: $TSLA the start f the ramp imo. Then $GOOGL and the others between close now and Monday EOD and all repaired.
Flash G: my theory
Hedgehog Trader: folks look at that MJ breathalyzer play i mentioned yesterday $BLOZF
Hedgehog Trader: volume increasing and a spike earlier
Hedgehog Trader: going to really run
Curt M: Looked at it last night
Curt M: Its bullish
Sammy T: ya nice chart
Flash G: I kept chearing for it but no luck today:) $SPY
MarketMaven: Positive man. Who knows maybe Monday if more bombs don’t go off.
Hedgehog Trader: Venus retrograde ends Saturday, so i expect hostilities to wind down
Sammy T: awesome
Hedgehog Trader: yeah it’s been going on 6 weeks so i think we’ll start to see better business news and improved foreign relations, translating into a big mkt rally as a sigh of relief
Hedgehog Trader: is exhaled
Curt M: Thats what I’m expecting Nich. Tough day to get grip. I did lots of swing trade babysitting but no daytrading.
Hedgehog Trader: yeah a good day to sit on the deck with a drink
gary y: I like this chat better than the tradinview one lol

Curt M: haha
Curt M: a lot of chatter
gary y: they’re all over the place
Flash G: Was going to say.
Shafique: I should jump in an rattle their chat once in a while.
Shafique: actionable is better
Hedgehog Trader: mmmm chocolate cake
Sandeep: Speaking of action… I took your $LIGA call Curt – like it a lot and I like $BLOZF thanks Nich
Hedgehog Trader: cool Sandeep, it’s been showing great relative strength BLOZF
Hedgehog Trader: vs sector
Hedgehog Trader: plus, it’s essentially a technology play with little risk regarding actual MJ
Sandeep: great
Sandeep: actionable is better too I agree
Sandeep: as the chat grows try and keep it that way
Curt M: yes
Curt M: in slow times I’ll feature chat rooms from around the world on the monitor lol for laughs
Curt M: but actionable I agree is the nly way when you’re in it to win it
Hedgehog Trader: emerging mkts are also strong i love $GREK
Hedgehog Trader: it completed a long 4-5 year bear mkt and has been consolidating since
Hedgehog Trader: but it’s been edging higher and is set to break out
Hedgehog Trader: you’ll never see a CNBC special on buying Greece guaranteed lol
Curt M: ha
Hedgehog Trader: i imagine we’ll see Gartman shorting the entire world by week’s end
Hedgehog Trader: long term charts of $GREK and $NBGGY look ready to do some serious rampaging
Hedgehog Trader: $THM major volume
Hedgehog Trader: now over 50 dma
Hedgehog Trader: mentioned it yesterday
Curt M: $IMGN one of the only good looking charts from the leaders today IMO
Curt M: even that isn’t great
lenny: $RTRR for Monday
eddie: off to buy eggs:) see ya mon
Curt M: cya eddie good to have ya back
Hedgehog Trader: ciao Eddie
Curt M: Well theyre going to leave $SPY on the pivot:)
Curt M: cya monday folks have a great easter
MarketMaven: bye bye
Hedgehog Trader: bye MM gary Curt
gary y: see you later

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Article Topics: $OCRX, $EYES, $NVET, $CALI, $USOIL, $WTI, $DWT, $GLD, $XIV, $VIX – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Learning, How To, Trade, Trading, Educational, 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

16
Apr 2017
Trade, coaching, trading plan, trade setups

Now I’m Inspired! My Guarantee to Struggling Traders (and Yours). Part 3 “Freedom Traders” Series.

I Just Received an Email From a Struggling Trader That Has Inspired a Change. I’m Pumped. Here’s My

Now I’m Inspired! My Guarantee to Struggling Traders (and Yours). Part 3 “Freedom Traders” Series.

Freedom Traders, Lead Trader Blog Post, Learn to Trade , , , , , , , , , Curt Melonopoly

I Just Received an Email From a Struggling Trader That Has Inspired a Change. I’m Pumped. Here’s My Guarantee and Yours in Return to Get You in to the Freedom Traders Club.

This is Part Three of the “Freedom Traders” Series – How I Learned to Get Over the Wall and What May Help You.

There are links at the bottom of this post to Part 1 : My Personal Stock Trading Story. How I Blew up Two Accounts and Then Learned How to Trade and Part 2 : Trading Checklist – Rules I Follow Before Triggering.

Introduction:

“To win consistently, a trader has to have a plan (a system) – that contains rules, controls losses (risk) and keeps emotions checked in at the door.”

Okay, so something big happened to me today while working on my charting set-ups for the week. A struggling trader sent me this email;

“Hi Curt I am trading for five years now with little success.I have continued my research which has brought me to compound traders doorstep.I have a decent understanding of the markets but not to the levels needed to trade successfully week in week out.Can I make profits using your live trading room/alerts bundle while taking time to learn your methodology along the way.I am a hard working student who learns quickly.”

WOW, what an email. Something clicked in me. FIVE YEARS! Unbelievable tenacity! And limited results? That should not be so I thought. Okay, but I can relate, I have had my own struggle. So here was my response;

Hi ______

You put 3 months in to our room (if time allows) and if not review daily room videos and pre and post market newsletters and I’ll guarantee you will become a profitable trader. But, you would have to follow the rules. You follow the rules (indicators) and you don’t make money I’ll refund you personally. And… you’d have to send me every entry and exit so I could check that you’re following the rules and preferably send me a daily trade plan (showing how the rules line up with your trade plan). There’s a video from Thursday mid day market review coming out in next 24 hours that explains the rules (indicator set-ups) clearly to follow.

Curt

Update: Here’s the video as an example of indicators – chart set-ups (and our next post in the Freedom Traders series will go in depth on the specific indicator set-ups).

So What’s The Big Change? The Realization.

So I realized a problem in my approach. When we first started Compound Trading we knew that we had very sophisticated big data mad scientist math figured out and that we had in fact cracked Wall Street. Yes I know, I know… sounds nuts but we can prove it. Anyway, the point is that this “cracking the code” or better described as cracking what the big trading firms are doing to bring massive returns (the ones that are).

BUT! You first need to understand how to trade the fundamentals. Our mad science stuff does absolutely nothing for the learning trader! The discipline and the know-how (the chart set-ups, the indicators) are key for the learning trader. That’s what first gets the struggling trader over the wall!

So how am I going to pivot to that? Let me explain in short.

Here’s My Pivot… A New Commitment and Format

So all the mad science stuff will continue because frankly we have many large traders and the like that rely on that and that’s now my life’s work. But that doesn’t mean I can’t pivot in that I bring a focus to the learning trader and the fundamental indicators and chart set-ups that cause a trader to win.

So here’s what I am going to do going forward:

  • I will be doing premarket chart set-ups (reviewing charting indicators) at 9:00 AM every morning in the room.
  • I will be trying to get as many of the chart set-ups for the standard indicators I preach about in my premarket trading plan (can be tough because premarket moves fast). Just getting a premarket report out in time is very hard.
  • I will be doing a mid-day chart set-ups review in the room everyday between 12;00 – 1:00 EST. Very specifically looking at the indicators I talk about all the time and specific chart set-ups.
  • In my post market report I will carve out and focus on the chart set-ups also.

So in other words, I will start to focus clearly for the learning trader specifically on these in a very detailed way and document the whole process.

And should a struggling trader work with me on it, I’m even gong to guarantee results (of course the trader has to reciprocate some accountability).

Here’s My Guarantee and Yours in Return

I let the cat out of the bag above obviously when I shared the email, but here it is. Sign up for our trading room bundle and print this and post it on your wall above your computer.

My Personal Guarantee

You put 3 months in to our room (if time allows) and if not review daily room videos and pre and post market newsletters and I’ll guarantee you will become a profitable trader. But, you have to follow the rules. You follow the rules (indicators) and you don’t make money I’ll refund you personally. And… you’d have to send me every entry and exit so I could check that you’re following the rules and preferably send me a daily trade plan (showing how the rules line up with your trade plan).

To do this (follow-through with the plan) review these regularly (can be done anytime because we publish all reports and videos of everything):

  • Premarket chart set-ups (reviewing charting indicators) done at 9:00 AM every morning in the room.
  • Chart set-ups for the standard indicators in premarket trading plan (as may be made available).
  • Mid-day chart set-ups review that will be done in the room everyday between 12;00 – 1:00 EST. Very specifically looking at the indicators I talk about all the time and specific chart set-ups.
  • Post market report specific to chart set-ups.
  • Send me your entries and exits on email [email protected] or by DM so I can review and preferably your trading plan (when you can) in advance of taking a trade for review.

That’s my guarantee to the new trading wanting to learn. It’s a huge commitment on my part and requires yours also!

So Sign-Up and Lets Get Busy

Here’s the link! And there’s a discount on the home page too that you can use (I think it brings price down to approximately 76.00 per month (or less if you register for longer terms)..

Live Trading Room Bundle

Message me anytime with your story, questions or additions to this checklist. I will update this list over time.

Peace and best.

Curtis

 

Part 1 : My Personal Stock Trading Story. How I Blew up Two Accounts and then Learned How to Trade.

Part 2: Trading Checklist (Rules) I Follow Before Triggering a Stock Trade.

Part 3: Now I’m Inspired. A Struggling Trader That Inspired Change. 

Part 4: We Want (Need) You! Apply to Nearest Recruiting Station.

Part 5: Learn How to Trade Stocks (Build a Small Account) Following my Journey. 

Part 6 a: Trading Set-ups. How-To Develop a Systematic – Predictable Process.

Get up. Dust off. And never give up.

Article Topics; Freedom, Trading, Trader, Learning to trade, Stocks, Rules, Checklist, Profit, Chart, Setups.

16
Apr 2017
$GDX, Swing, Trading, Charting

Swing Trading Simple Charts (Public) Apr 16 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY

Hello Swing Traders! Welcome to Compound Trading Swing Trading Keep It Simple K.I.S.S. Charting Review (Public Edition) for

Swing Trading Simple Charts (Public) Apr 16 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY

Swing Trading , , , , , , , , , , , Swing Trader

Hello Swing Traders! Welcome to Compound Trading Swing Trading Keep It Simple K.I.S.S. Charting Review (Public Edition) for the Week of April 16, 2017!

This edition focuses on MACD, Stochastic RSI, Moving Averages, SQZMOM and a few others. 

Email us at [email protected] anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private message Curtis in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.

Notices:

Members please refer to the member publications for more detail and feel welcome to DM our lead trader on Twitter or email him with questions.

We published a new post yesterday that deals with a number of the tools needed to successfully swing trade the type of charts below:

Trading Checklist (Rules) I Follow Before Triggering. Part 2 of “Freedom Traders” Series.

Introduction:

My perspective of the markets can be summarized as go long when you can until it breaks (and I do believe there is a break on the horizon but it doesn’t do you any good to wait around for corrections). The “it can gap down” philosophy has not been on the winning side historically. So we swing trade with managed risk with stops and proper discipline.

Understanding what the simple indicators are for entry and exit in your trading position in a swing trade is critical – proper entries and exits can not only increase your win rate but also significantly impact your personal investment portfolio return on investment, thus a critical discipline to at least become moderately familiar. The buy and hold concept has served investors moderately well for some time, but even so, they could have do so much better with very little time invested toward the discipline of simple charting indicators.

Click here also to review our most recent Swing Trading Quarterly Performance Report.

Thanking you in advance.

This Week’s Simple Charts include MACD, Moving Averages (MA), Stochastic RSI and a custom Squeeze Momentum Indicator (SQZMOM) for the US Dollar, USDJPY, Volatility, Gold, Gold Miners, Silver, Crude Oil and the S&P 500. Below are daily charts.

$SPY Daily MACD turn down, Stoch RSI turn down SQZMOM red, price under 50 MA with 20 MA cross down 50 MA possible. $SPXL $SPXS

The 20 MA crossing down 50 MA with price under is not good, however, the PPT can be an equalizer.

$SPY, Chart

Simple Charting $SPY Daily MACD turn down, Stoch RSI turn down SQZMOM red, price under 50 MA with 20 MA cross down 50 MA possible. $SPXL $SPXS #SwingTrading

$USOIL $WTIC Daily MACD trend up, Stoch RSI turn down, SQMOM green, Above MAs. Previous highs an issue so far. MA’s mixed. $CL_F $USO $SCO $UWT $DWT

Indecision in price action #supply. Previous highs an issue so far. MA’s are mixed representing indecision. Needs a rumor.

$USOIL, $WTI, Chart

Simple Charts $USOIL $WTIC Daily MACD trend up, Stoch RSI turn down, SQMOM green, Above MAs. Previous highs an issue so far. MA’s mixed. $CL_F $USO $SCO $UWT $DWT

$USOIL $WTIC Aug 24 2016 MAs and indicators similar to now however. History ryhme? $CL_F $USO $SCO $UWT $DWT $UWTIF $DWTIF

Oil, Chart, $WTIC

Simple Charts $USOIL $WTIC Aug 24 2016 MAs and indicators similar to know however. $CL_F $USO $SCO $UWT $DWT $UWTIF $DWTIF

#GOLD Daily MACD trend up, Stoch RSI max, SQZMOM green, above 200 MA $GLD $XAUUSD $GC_F

The primary issue short term is that Stochastic RSI maxed. What’s after the top? Down of course. Short time-frame warning signal. #Gold

Gold, Chart

Simple Charts #GOLD Daily MACD trend up, Stoch RSI max, SQZMOM green, above 200 MA $GLD $XAUUSD $GC_F #swingtrading

#SILVER Daily MACD mod up, Stoch RSI near top, SQZMOM green turning down, above 200 MA. $SLV $USLV $DSLV

The Stoch RSI near top isn’t great but the 50 MA may cross to upside the 200 MA. If price is above when that happens could see pop.

Silver, Chart, $SLV

Simple Charts #SILVER Daily MACD mod up, Stoch RSI near top, SQZMOM green turning down, above 200 MA. $SLV $USLV $DSLV #swingtrading

#SILVER Daily Here’s what happened last time 50 MA crossed up 200 MA. $SLV $USLV $DSLV

Silver, Charting

Simple Charts #SILVER Daily Here’s what happened last time 50 MA crossed up 200 MA. $SLV $USLV $DSLV #swingtrading

$DXY Daily Indecision MACD pinch uptrend, Stoch RSI trend down, SQZMOM green, above 200 MA. $UUP $USD

MA’s mixed, could try a long at 200 MA test with Stoch RSI cross up confirming and price action power. Very mixed.

$DXY, USD, Chart

Simple Charts $DXY Daily Indecision MACD pinch uptrend, Stoch RSI trend down, SQZMOM green, above 200 MA. $UUP $USD #SwingTrading

$GDX Miners Daily Here’s the test! MACD up, Stoch RSI max, SQZMOM green, test 200 MA $GDXJ $NUGT $DUST $JNUG $JDST

Short term challenge is Stoch RSI maxed, not bad but not great. Advantage bulls goes to 20 MA about to cross up 50 MA with price above. $GDX

$GDX, Chart, Swing, TRading

Simple Charts $GDX Miners Daily Here’s the test. MACD up, Stoch RSI max, SQZMOM green, test 200 MA. $GDXJ $NUGT $DUST $JNUG $JDST

$GDX Miners Daily What happened last time 20MA crossed 50MA up. But further range then to 200 MA $GDXJ $NUGT $DUST $JNUG $JDST

$GDX, Charting, Swing, Trading

Simple Charts $GDX Miners Daily What happened last time 20MA crossed 50MA up. But fruther range then to 200 MA. $GDXJ $NUGT $DUST $JNUG $JDST

$GDX Miners Daily Jan 2016 when 20MA crossed 50MA price in uptrend with Stoch RSI trend down. $GDXJ $NUGT $DUST $JNUG $JDST

When price trends up and Stoch RSI trends down that’s when you HAMMER down! Especially on a daily. #RULE $GDX $GDXJ $NUGT $DUST $JNUG $JDST

This one indicator, if used in this way, more predictable than almost any. Stoch RSI trending down and price trending up on a daily. Oh my.

It’s hard to beat performance a trader can achieve that knows how these indicators function. There’s hundreds of idiosyncrasies #tradingedge

$GDX, Swing, Trading, Charting

Simple Charts $GDX Miners Daily Jan 2016 when 20MA crossed 50MA price in uptrend with Stoch RSI trend down. $GDXJ $NUGT $DUST $JNUG $JDST

$USDJPY Daily Here’s theTest! MACD down trend, Stoch RSI near bottom, SQZMOM red, test 200 MA. $DXY $USD

Test is when / if Stoch RSI curls up at bottom and whether 200 MA is held. That’s the first test.

$USDJPY, Chart

Simple Charts $USDJPY Daily Test MACD down trend, Stoch RSI near bottom, SQZMOM red, test 200 MA. $DXY $USD #SwingTrading

$VIX Daily Outside BB’s is a short it’s close with TL res on deck, MACD uptrend, Stoch RSI max, SQZMOM gr. $UVXY $TVIX $XIV

$VIX, Volatility, Chart

Simple Charts $VIX Daily Outside BB’s is a short it’s close with TL res on deck, MACD uptrend, Stoch RSI max, SQZMOM gr. $UVXY $TVIX $XIV #swingtrading

That’s my simple perspective for the week. Best to y’all this week. For a much more detailed review please refer to the member’s post.

Email or DM me on Twitter anytime with thoughts or questions!

Cheers!

Curtis

P.S.

The charts included in this review may assist you in the endeavor of trade entry / exit and if you wish to become more serious (more profitable) with your entries refer to our swing trading for more insight (includes many equities also in the weekly reports).

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

Article Topics; Compound Trading, Swing, Trading, Stocks, Picks, $SPY, $VIX, $USOIL $WTI, $GLD, $GDX, $SLV, $DXY, $USDJPY, MACD, Charting, ROI, USD, Dollar, Volatility, Gold, Miner’s, Silver, Crude, Oil, S&P 500, Stochastic, RSI, Moving Averages, MA, Commodities, Currencies

 

 

15
Apr 2017
Trade, coaching, trading plan, trade setups

Trading Checklist (Rules) I Follow Before Triggering. Part 2 of “Freedom Traders” Series.

Below are the Rules and Checklist I Use Before Entering a Trade. This is Part Two of the

Trading Checklist (Rules) I Follow Before Triggering. Part 2 of “Freedom Traders” Series.

Freedom Traders, Lead Trader Blog Post, Learn to Trade , , , , , , , Curt Melonopoly

Below are the Rules and Checklist I Use Before Entering a Trade.

This is Part Two of the “Freedom Traders” Series – How I Learned to Get Over the Wall and What May Help You.

There is a link at the bottom of this post to Part 1 : My Personal Stock Trading Story. How I Blew up Two Accounts and Then Learned How to Trade.

Summary Introduction:

This is about the freedom achieved when one learns how to trade stocks with consistent profit.

Learning to trade is tough, but there is a significant reward for the effort.

I have observed, in working with newer traders, that many randomly trade “what they like” without a system or rules. As such, I created a checklist that trader’s could use prior to executing trades..

To win consistently requires a proven system that provides more winning than losing over a series of trades. This is a trader’s edge.

To win consistently, a trader has to have a plan (a system) – that contains rules, controls losses (risk) and keeps emotions checked in at the door.

You, meet You:

If you are struggling to trade for consistent profit this post and your effort to follow a rules based methodology will cause you to look in the mirror.

Trading for consistent profit is a war against oneself. It is a war against our inner need to be free from rules and discipline. Successful trading is boring, it is disciplined and it isn’t remotely like a Friday night at the roulette table. Successful trading requires confidence in a system that is proven to return consistent results.

Successful trading requires a disciplined, devoted and tireless commitment to study and personal betterment. If you are not prepared to study, and I mean really study, you won’t make it. You will blow-up your account.

Personal Reflection – Recent Interactions:

I talk to literally hundreds of learning traders every month in one form or another (social media, email, private messages, coaching etc). I recently asked learning traders to send me their trading plans in advance of market open on a Monday morning.

Here are a few things I noticed in many responses;

Lack of study. Lack of implementation or Consideration Toward Standard Charting Indicators.

For example, I constantly talk about simple charts, keeping it simple and basic indicators. I do this for two reasons; one – I can get too complicated for my own trading primarily because of the type of work I do in algorithmic modeling. And two – I believe learning trader’s should first keep it simple.

Anyway, my point is that most replied to my call for trading plans with-out even considering the simplest indicators that I preach day in and day out in the trading room, in newsletters on videos and social media. And I thought to myself, my lord, how do I get this across?

Simple indicators like taking a daily chart and considering the moving averages or MACD were not considered in near all replies. Most replies were, “I like this stock and I don’t want to miss out”. Oh boy oh boy oh boy. I was completely floored. I couldn’t care less if I like a stock and I definitely won’t base a trade on possibly missing out.

All of these traders have had access for some time to detailed docs I produce toward the subject, such as our swing trading service newsletters, our premarket and post market reports and the near weekly charts I produce called Keep it Simple Stock Charting (not even considering the algorithmic modeling).

Below is a recent twenty minute video (a snippet taken from our live trading room) of indicators I follow when considering a trade. The video isn’t great (near bad actually) but you’ll get the point. I drive this home (indicators) over and over because they work!

Standard indicators will provide you with a simple edge and a simple process – a place to start. There are many different trading systems used in the markets, this is just one.

If you truly want to develop an edge (a process) that will get you winning more than losing (trading for profit), then learn the simple indicators and use a stop! That’s all that is initially required.

Trust me, if you need it, here it is (at least a start) in 20 minutes or less (we actually have a better video on indicators in charting reviews from last Thursday that I will post when it’s ready and update this article because the video below isn’t ideal as mentioned).

Of course it then (your personal trade process development) goes on for lifetime there forward, but I think you get my point. It isn’t that hard to stop your losses and GET OVER THE WALL to profitability.

So learn your simple chart indicators! Some examples are; moving averages, MACD, daily charts, price action, and maybe some others like the squeeze momentum I use and a Stochastic RSI. (Note: Video was updated)

A Trading Process and Trade Rules are Critical to Successful Trading – the Legends Agree.

Here are a few examples:

Martin S. Schwartz.

“I always laugh at people who say “I’ve never met a rich technician” I love that! Its such an arrogant, nonsensical response. I used fundamentals for 9 years and got rich as a technician.”

It is widely reported that Marty Schwartz lost money as a trader for ten years. And also widely reported that once he developed a more rules based approach he never looked back. Martin turned 5,000.00 in to 140,000.00 in one year and is one of the most well known trading legends to this day.

https://en.wikipedia.org/wiki/Martin_S._Schwartz

Jesse Lauriston Livermore.

“Real movements do not end the day they start. It takes time to complete the end of a genuine movement.”

Jesse Livermore used a set of rules, one of which was to identify “real movements”, because there is profit in a real stock move. A real move – not a low float pop and drop.

https://en.wikipedia.org/wiki/Jesse_Lauriston_Livermore

Ed Seykota.

“Systems don’t need to be changed. The trick is for a trader to develop a system with which he is compatible”

“I would add that I consider myself and how I do things as a kind of system which, by definition, I always follow.”

“Systems trading is ultimately discretionary. The manager still has to decide how much risk to accept, which markets to play, and how aggressively to increase and decrease the trading base as a function of equity change.”

Ed Seykota, a commodities trader, had a conviction in Algorithmic Trading. He utilized the rules of technical analysis and it made him one of the greatest trading legends of all time. One of his trading accomplishments was that he turned $5000.00 in to $15 million over a twelve year period in one client account.

Seykota calls his trading process, the Trading Tribe Process. He describes his ideas and practices in his book The Trading Tribe (2005).

https://en.wikipedia.org/wiki/Ed_Seykota

George Soros.

“If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.” Soros on enjoyable investing.

George Soros: Most Influential Quotes | Investopedia http://www.investopedia.com/university/george-soros-biogrpahy/george-soros-most-influential-quotes.asp#ixzz4eIkDeCuQ

Okay, so we know the trading legends agree, you need a system and rules. So I have prepared a checklist for you to review before taking your next trade and before every trade here forward until you consistently win. If you have any that I have missed, do me a favor and send them or tweet them to me so I can update this checklist.

Some Rules in Trading. Checklist Prior to Entering a Trade.

Rule 1 – Take Responsibility for Your Success or Loss. 

“A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That’s the kind of thing winning traders do.”Ed Seykota.

I tell our trading room and newsletter subs, “the shortest distance between you and the door is to blame myself or another trader for your loss”. Our systems, analysis, models or anything we say or publish, or anyone tells you or publishes is not the reason for your loss.

You lost because you lost to yourself or you lost because no trading system is infallible. This is without a doubt my rule number one. If I blame my lack of success on anything or anyone I’m doomed as a trader.

Rule 2 – Cut Losses. Use a Stop. Never Allow Losses to Get Out of Hand.

“The trading rules I live by are: 1. Cut losses. 2. Ride winners. 3. Keep bets small. 4. Follow the rules without question. 5. Know when to break the rules.” Ed Seykota.

“Trade with a stop, and know it before you enter.” Jesse Livermore.

“The most important thing in making money is not letting your losses get out of hand.” Martin S. Schwartz

Live to see another day. One of the most critical ingredients to success as a trader is in how long you are around to learn. You can always re-enter and the cards never stop.

Rule 3 – Ride the Winners.

“Let profits run. Close trades that show a loss (good trades generally show profit right away).” Jesse Livermore.

This is my biggest challenge. Always ride your winners. And once you learn that, you can then “hammer down” on your winning trends. This is where real profit is.

Rule 4 – Keep your Bets Small.

Take an entry that is at very most 5% and preferably closer to 1 – 2% of your trading account, and then when it becomes a winning trend, add as you see fit and the indicators tell you to do so. And yes, I know that I will take much larger trades, but that’s because of a host of more advanced (or refined) rules not included in this post and that trade is not my whole portfolio – it is a large portion of a specific account.

Rule 5 – Learn Trend Trading. Understand Your Charts.

“In order of importance to me are: 1) the long term trend, 2) the current chart pattern, and 3) picking a good spot to buy or sell.”Ed Seykota.

“Trade using the pivotal points. (Learn how to spot the pivot point from which a new movement will emerge; read Find A Trend With The Partial Retrace.” Jesse Livermore.

I call this “chewing around the edges”. If you learn how to spot trends or trend reversals for long term trend plays then you have hit the mother load and this is where serious profit is and accounts get built up fast. Read about pivot points. This happens to be one of the primary methods of our algorithmic chart modeling and why our algorithms have been so successful. Pivot points are powerful indicators.

Here’s a post from Steve Burns on the subject of trend trading.

Here is one Golden Rule trade example of what can separate you from just winning or wealth building. You find this one set-up in the indicators and you will win and win and win and really win. Below is the tweet and if you go to that tweet the chart that shows the set-up.

“When price trends up and Stoch RSI trends down that’s when you HAMMER down! Especially on a daily. #RULE $GDX $GDXJ $NUGT $DUST $JNUG $JDST”

Rule 5. Stay away from Momentum Plays. Pops. Pumps. Chasing.

I play morning momentum stocks for a kick. I play small and I play them smart. This is not a place for new traders. DO NOT join a chat room that plays momentum stocks as a beginner. Learn the predictable fundamentals of trading and become successful at low risk trades first. Do this for at least a few years before you try and learn momentum daytrading market openers and low floats and the like.

Rule 6. Buy in a Bull Market, Short in a Bear Market.

“Trade with the trend. Buy in a bull market, short in a bear market.” Jesse LIvermore.

If the market is red, be careful with your long trades. Now, if you know how to play by the rules and read a chart then red days are the days to study and prepare your shopping list for long trades. Then when the markets turn green or confirm you then have your hit list ready. And do not start your trading career shorting. I know, I know there are GURU’s that will disagree, but I fundamentally believe the best short sellers are those that first have the basics of long swing trading and even daytrading mastered. That is a personal “opinion”.

Rule 7.  Trade with an Edge.

“Don’t trade when there aren’t clear opportunities.” Jesse Livermore.

Trading with an edge can be understanding your basic chart set-ups with moving averages, VWAP, MACD and others or can be with methods such as our algorithmic chart modeling work. Or, even with fundamentals or with news events and more. You have to understand what provides an edge.

I often refer to a simple edge traders can follow as PTPTRR. Price, trigger, power, trade, risk, reward. Trader’s that know how to win will automatically understand what I mean by each point in PTPTRR. The question is, do you? If not, study it out – study each part of that equation. Trading price provides what edge? What are triggers? What does he mean by power? What is risk – reward in trading? And so on. In a future post I will cover this simple formula in more detail.

Here is an example on trading price from Investopedia as Jesse Livermore traded price action;

“Price patterns, combined with volume analysis, were also used to determine if the trade would be kept open. Some of the criteria Jesse used to determine if he was in the right position were:

Increased volume on breakout.
The first few days after the break prices should move in the breakout direction
A normal reaction occurs where prices retrace somewhat against the trend, but volume is lower on retracements than it was in the trending direction.
As the normal reaction ends, volume increases once again in the direction of the trend.
Deviations from these patterns were warning signals and, if confirmed by price movements back through pivotal points, indicated that exited or unrealized profits should be taken. (For more read our Greatest Investors Tutorial.)”

Rule 8. Trade Strength.

“Trade the leading stocks in each sector; trade the strongest stocks in a bull market, or the weakest stocks in a bear market.” Jesse Livermore.

I almost always trade strength. Strength in price action, strength in sector, strength in timing, strength in volume, strength in trend, strength in momentum, strength in fundamentals, strength in news, strength in wash-out (fear) and on and on. Trade the strength that comes with inflections.

Rule 9. Trade with Chart Indicators.

Know your simple indicators. A profitable career can be made trading indicators only. We have proven in our work that simple indicators will return 50% or more a year with the instruments we trade (more on this later). But the point is learn your simple indicators.

We are posting You Tube videos more and more on this subject and plan to cover it intensely over the coming weeks in our newsletters and on various other media channels.

Some of the indicators to consider; moving averages, channels or trends, pivot points, chart history, support and resistance, Fibonacci levels, volume, power, risk – reward and more. When you know these you can then even move in to custom indicators (such as I do with trading view charting) and even chart bots and algorithmic models if you choose. But first learn the basics of charting and candles.

Rule 10. Trade Price Action. Price is King (and Queen). Know That The Market is Always Right.

“It can be very expensive to try to convince the markets you are right.” Ed Seykota.

Have a plan and when price action says different cut quick. Never assume the market is going to do what you think it will do. Now, I know in the algorithmic modeling work we do, we do talk about advanced near future charting etc, but even so, it is still harnessed in the realities of trading – that never changes.

Rule 11. Entries. Exits.

Know the zone for entries and exits. There are many rules within this one rule. Some examples are; enter long at support and cut fast if it fails, trail out long positions at resistance and add at support, enter long when the stochastic RSI is at the bottom (one of my favorites), go long when the MACD crosses up and short when it crosses down, know your time-frame, enter long at the bottom of the trending channel… and so many more.

Rule 12. Continuous Improvement. Journal for Success. Be Yourself. Don’t Follow.

Journal your trades. Keep track of your trades daily, take notes, learn from your errors and reproduce your successes. Study, study, study.

Develop your own system. Develop your own style. Be yourself. Don’t follow in anyone’s trades – learn, but don’t follow. Turn off the noise.

Study “Trade Risk Management Psychology” and “Emotional Intelligence”. We don’t have enough time here to go in to it.

Rule 13. Support Other Traders

Support the traders that shout out a win and try and pass on what you have learned to traders struggling. You will be surprised how this simple good will posture will help your trading. I won’t go in to detail and I’ll let you discover how this helps your trading on your own.

Rule 14. Check Your Attitude.

Never blame, never complain, never lack gratitude for the opportunity to learn. Be a good loser, dust off and move on. You will never be a profitable trader any other way.

Message me anytime with your story, questions or additions to this checklist. I will update this list over time.

Peace and best.

Curtis

Part 1 : My Personal Stock Trading Story. How I Blew up Two Accounts and then Learned How to Trade.

Part 2: Trading Checklist (Rules) I Follow Before Triggering a Stock Trade.

Part 3: Now I’m Inspired. A Struggling Trader That Inspired Change. 

Part 4: We Want (Need) You! Apply to Nearest Recruiting Station.

Part 5: Learn How to Trade Stocks (Build a Small Account) Following my Journey.

Part 6 a: Trading Set-ups. How-To Develop a Systematic – Predictable Process.

Part 6 b: Trading Set-ups. Video Explains Predictable Winning Process (companion to part 6 a).

 

Get up. Dust off. And never give up.

Article Topics; Freedom, Trading, Trader, Learning to trade, Stocks, Rules, Checklist, Profit.

 

13
Apr 2017
$OCRX, Premarket

PreMarket Trading Plan Thurs Apr 13 $OCRX $EYES $AAOI, $SPY, $GLD, $GDX, $USOIL, $WTIC

Compound Trading Chat Room Stock Trading Plan for Thursday April 13, 2017; $OCRX $EYES $AAOI — $DWT, $XIV,

PreMarket Trading Plan Thurs Apr 13 $OCRX $EYES $AAOI, $SPY, $GLD, $GDX, $USOIL, $WTIC

Trading Plan , , , , , , , , , Curt Melonopoly

Compound Trading Chat Room Stock Trading Plan for Thursday April 13, 2017; $OCRX $EYES $AAOI — $DWT, $XIV, $ONTX, $DUST, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI – 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 at Compound Trading!

Notes in red text below are new comments entered specifically today.

Notices:

Today’s Live Trading Room Link: https://compoundtrading.clickmeeting.com/livetrading 

Notice: Our platform algorithmic chart modeling is entering phase 2 coding. Reports will be unlocked at longer intervals to general public.

Blog post: When You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story. 

Yesterday’s Stock Trading Results 

The Quarterly Daytrading Performance Review P/L with Charting is Published.

The Quarterly Swing Trading Performance Review P/L with Charting is Published. The Algorithms Quarterly Performance Reports are being compiled as I write and will be posted soon.

Most recent Keep it Simple Swing trade Charting (MACD, MA, Stoch RSI, SQZMOM focus):

Current Holds / Trading Plan:

Main watchlist in my trading plan today:

$OCRX, $EYES, $AAOI are the morning momos so far.

$SPY is on support and lost 50 MA, $GLD is over 200 MA in break out, $GDX is testing 200 MA resistance, $USOIL, $WTIC (in upward channel) BUT is very near real significant resistance.

OTC on watch $USRM, $LIGA, $MMEX 

Most holds are small to mid size holds in this order according to sizing – $DWT, $XIV, $DUST, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI.

Per recent;

$DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

Market Outlook :

Per recent reports:

There are significant resistance clusters above recent highs in oil and the S&P so I will be very cautious to upside going forward until recent highs are taken out and confirmed. I see significant upside challenges in Oil and SPY with most recent highs being taken out.

Morning Momentum Stocks / News and Social Bits From Around the Internet:

Premarket momentum stocks to watch: $OCRX 35%, $EYES 32%, $AAOI 25%, 

Gap ups / momo on these plays:  $AAOI OCRX $EYES $AEHR $LITE $FNSR $OCLR $ADPT $JDST $NUGT $DRYS $SBGL $X

News on these plays: $OCRX, $EYES, $AAOI

Chart Set-Ups: 

Previous Day Momentum Stocks to watch: 

$OCRX Premarket up 40% on news.

$OCRX http://finance.yahoo.com/news/ocera-therapeutics-announces-presentation-data-200500336.html?.tsrc=rss

$OCRX, Premarket

$OCRX Premarket up 40% on news.

Thursday’s #earnings $JPM $C $WFC $TSM $PNC $INFY $FRC $APOG $CBSH $FHN $YGE http://eps.sh/cal #earningsseasonbegins

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 Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct.  Our lead trader Twitter feed is here @curtmelonopoly, lead tech developer @hundalSHS, and associate 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 : $OCRX, $EYES, $AAOI, $RLMD $STAF $FCSC $CASI $AGEN $HBI $AEHR $LITE $FNSR $OCLR $NTNX $GFI $JDST $SBGL

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

(2) Pre-market Decliners Watch-List: $SRNE $NADL $CNTF $GLBS $JNUG $WFT $AMD $NVDA $$MU $AERI $SNAP   I will update before market open or refer to chat room notices.

(3) Other Watch-List: Per above

(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:  $NS $SKYW $CTSH $ECHO $CPE $MTZ $KBH as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $WFT $TLP $WIX $FSV $MOSY 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: $OCRX, $EYES, $AAOI – $XIV, $DWT, $MGTI, $NE, $XOM, $ONTX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA, – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD

13
Apr 2017
$VIX, Chart

Volatility $VIX Member Trade Charting Report Thurs April 13 $TVIX, $UVXY, $XIV, $VXX

Volatility $VIX Trade Update Thursday April 13, 2017 $TVIX, $UVXY, $XIV, $VXX Charting / Algorithm Observations Good morning! My

Volatility $VIX Member Trade Charting Report Thurs April 13 $TVIX, $UVXY, $XIV, $VXX

Vexatious $VIX , , , , , , , , Vexatious Vix

Volatility $VIX Trade Update Thursday April 13, 2017 $TVIX, $UVXY, $XIV, $VXX Charting / Algorithm Observations

Good morning! My name is Vexatious $VIX the Algo. Welcome to my new $VIX algorithmic modeling charting trade report for Compound Trading.

Well, volatility is back! It took a while, but it appears that we may have it for some time now. So we’ll start with conventional charting intra-week here, do a full update this weekend with algorithmic modeling and then going forward update this every few days while the $VIX has life.

$VIX Simple Charting – Resistance (red line) Is coming mid 17’s, SQZMOM is green, MACD crossed up, but Stoch RSI is near top.

So does it mean the resistance at downward trending red line will hold? No, but I would watch it closely and watch the Stoch RSI for a turn down. Very probable soon.

$VIX, Chart

$VIX Simple Charting – Resistance (red line) Is coming mid 17’s, SQZMOM is green, MACD crossed up, but Stoch RSI is near top.

$VIX trading above upper Bollinger band – historically a short.

$VIX, Bollinger, Bands, Short

$VIX trading above upper Bollinger band – historically a short.

$VIX Hourly – when price is lower than the 20 MA and 20 MA crosses down 50 MA it is likely done for a while. Confirmed downtrend.

$VIX, hourly, Chart

$VIX Hourly – when price is lower than the 20 MA and 20 MA crosses down 50 MA it is likely done for a while. Confirmed downtrend.

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

Vexatious the $VIX Algo

Article Topics: Vexatious, $VIX, Algo, Volatility, Stocks, Wallstreet, Trading, Chatroom, Algorithms, $TVIX, $UVXY, $XIV, $VXX

13
Apr 2017
$SPY, Chart

Freedom S&P 500 $SPY Algorithm Charting Trade Thurs Apr 13 $ES_F $SPXL, $SPXS

S&P 500 $SPY Trade Update Thursday April 13, 2017 $ES_F ($SPXL, $SPXS) Algorithmic Charting Observations Good morning! My

Freedom S&P 500 $SPY Algorithm Charting Trade Thurs Apr 13 $ES_F $SPXL, $SPXS

SP500 (SPY) Algorithm , , , , , , , , , , , FREEDOM SPY

S&P 500 $SPY Trade Update Thursday April 13, 2017 $ES_F ($SPXL, $SPXS) Algorithmic Charting Observations

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

Well, since the last report $SPY hasn’t done much of anything and all the indicators and targets we previously outlined are still in play. Also, not sure if everyone noticed, but we called the stall in action way before it stalled – our algorithm has been calling the target extensions to the upside and downside perfectly and the interim tops (stalls) for months now. So this is good.

Because nothing is new… we thought we’d leave the previous charting below and give you some actionable conventional charting until a decision in $SPY is established. So the first part of the report is conventional charting and the second part is simply cut and paste from previous.

Conventional $SPY Charting for Intra-Day Trade:

$SPY lost 50 MA but still has bottom of channel. If it holds channel and SQZMOM turns green and MACD crosses up and Stoch RSI crosses up it’s long.

If it doesn’t hold channel it’s a short until the indicators listed above cross up.

Live chart link: https://www.tradingview.com/chart/SPY/SUOvJMYt-SPY-lost-50-MA-but-still-has-bottom-of-channel-If-it-holds-cha/

$SPY, Chart

$SPY lost 50 MA but still has bottom of channel. If it holds channel and SQZMOM turns green and MACD crosses up and Stoch RSI crosses up it’s long.

Current Trade in $SPY S&P 500.

$SPY Live Price Extension Targets Chart: https://www.tradingview.com/chart/SPY/0kfzjTTf-S-P-500-SPY-Symmetry-price-target-extensions-trade-quadrants/

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Wed April 5 624 AM $ES_F $SPXL, $SPXS

$SPY, Chart

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Wed April 5 624 AM $ES_F $SPXL, $SPXS

Notes with respect to $SPY Price Extensions and Targets

Recent Trade – $SPY price action has been hitting our upside price extension targets for a number of weeks now. The chart above includes the price extension targets for upward and downward trade.

Recent trade has $SPY confirmed the lower extension price target given in the last report also! Trading just the price targets we have provided on the upside and downside has proven a very profitable signal.

Fibonacci – The Fibonacci levels have been predictable so we are leaving them as they are.

Trading Quadrants – The trading quadrants have been moderately predictable – we are leaving them as they are for now.

Symmetry Extension Targets – The extension price targets we have published the last number of months now have hit the price targets to upside and downside near perfect so they are becoming very predictable! Trade the outside ranges for optimum return and predictability.

Most probable downside price target if trade is in a downtrend is in 229.24 area before a decision.

Most probable upside price target if trade is in an uptrend is in 237.24 – 237.50 area before a decision.

Time / Price Cycles – There are currently no significant cycles in the charting.

Trading Bias – PER LAST REPORT – This is a considerable warning because price has not traded above previous high since we alerted members to this divergence in the algorithm: Current bias is to the upside target, however, there is a divergence in the upward trade extension makes the target a double topped target, which is divergent from recent trade, which does cause us to pause.

Trading on Tighter Time-frames

Use the charts below and the indicators to trade on tighter time frames. Included below is a link to our trading view charting and you can open it, click on share button and “make it mine”. Then use the Stoch RSI, MACD and SQZMOM indicators for your entries.

https://www.tradingview.com/chart/SPY/isDOr3N4-SPY/

Simple Charting $SPY Hourly MACD up turn down, Stoch RSI near bottom, SQZMOM flat, Mix MAs, note sold off EOD Fri. $SPXL $SPXS #DayTrading

On an hourly basis for intra day trading, let the MACD come down to bottom and turn up for a long trade.

$SPY, Hourly Chart

Simple Charting $SPY Hourly MACD up turn down, Stoch RSI near bottom, SQZMOM flat, Mix MAs, note sold off EOD Fri. $SPXL $SPXS #DayTrading

Simple Charting $SPY Daily MACD pinch down, Stoch RSI turn up SQZMOM red, under 20 MA. $SPXL $SPXS #SwingTrading

As with the hourly chart above, for wider swings allow the MACD to come down and turn up for a swing trade with $SPY.

$SPY, Daily, Chart

Simple Charting $SPY Daily MACD pinch down, Stoch RSI turn up SQZMOM red, under 20 MA. $SPXL $SPXS #SwingTrading

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, Algorithms, $SPY, $ES_F, $SPXL, $SPXS

13
Apr 2017
$TSLA, Chart, Swing, Trading

Weekly Swing Trading Thurs Apr 13 (Part 3) New Picks – $TSLA, $SNAP, $VGX, $AAU, $AMMJ

Good Morning Swing Traders and Welcome to the Compound Trading Weekly Swing Trading Part 3 “New Stock Picks”

Weekly Swing Trading Thurs Apr 13 (Part 3) New Picks – $TSLA, $SNAP, $VGX, $AAU, $AMMJ

Swing Trading , , , , , , , , , Swing Trader

Good Morning Swing Traders and Welcome to the Compound Trading Weekly Swing Trading Part 3 “New Stock Picks” Memo for the Week of April 9, 2017!  $TSLA, $SNAP, $VGX, $AAU, $AMMJ …  

Email us at [email protected] anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private message Curtis in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.

Notices:

Good morning!

This report (Part 3) focuses on the new stock picks includes $TSLA, $SNAP, $VGX, $AAU, $AMMJ. These are all stocks that our members have asked us to cover.

None are immediately actionable in our opinion, however, they are all in a position to set-up very quickly now, so we will be watching them very close and all have a considerable risk – reward (the smaller cap of course have a higher possible profit).

Also, in case you didn’t catch it, we are stepping up the rotation cycle with more frequent updates going forward (immediately) and we are going to categorize our trades because we are following many more than we expected when we first started the service (coming very soon). And shortly thereafter our swing trading alert service will launch (it’s about 45 days out).

You will find our Swing Trading picks Part 1. 

Here you will find Swing Trade Updates Part 2:

Our Q1 2017 Swing Trading Results are available here:

$TSLA – Tesla

We decided to start covering Tesla because we feel it is out of the woods so to speak. There are many factors, but the bottom line is we are ready to trade this long term. It is revved right now, but it won’t be for long and we expect an entry sooner than later based on the simple charting below.

April 13, 2017 – $TSLA Daily – Waiting on Stoch RSI to bottom, MACD down and turn up with MA’s on right side for a long position.

Live Tesla Chart https://www.tradingview.com/chart/TSLA/YlcqJMzy-TSLA-Daily-Waiting-on-Stoch-RSI-to-bottom-MACD-down-and-turn/

$TSLA, Chart, Swing, Trading

$TSLA Daily – Waiting on Stoch RSI to bottom, MACD down and turn up with MA’s on right side.

$SNAP – SNAP

April 13, 2017 – We decided to add $SNAP to our coverage because some of our clients have asked us to cover it, plain and simple. So the challenge is that it does not have the history we like, so we have charted it on hourly for now. This is considered a high risk trade.

Live $SNAP chart – https://www.tradingview.com/chart/SNAP/lLVhJfMz-SNAP-Hourly-Waiting-on-20-MA-to-cross-up-through-50-MA-and-pr/

$SNAP Hourly – Waiting on 20 MA to cross up through 50 MA and price to be above for a long entry.

$SNAP, Chart

$SNAP Hourly – Waiting on 20 MA to cross up through 50 MA and price to be above for a long entry.

$VGZ – Vista Gold

April 13, 2017 – $VGZ – Has its 200 MA, waiting on 50 MA to cross up thru 200 MA and if price is over then long.

https://www.tradingview.com/chart/VGZ/LoGaMAoT-VGZ-Has-its-200-MA-waiting-on-50-MA-to-cross-up-thru-200-MA/

$VGZ, Chart, Swing, Trade

$VGZ – Has its 200 MA, waiting on 50 MA to cross up thru 200 MA and if price is over then long.

$AAU Almaden Minerals

April 13, 2017 $AAU Has its 200 MA waiting on 20 MA to cross up thru 200 MA and take long when Stoch RSI at bottom and MACD turned up.

$AAU,, Chart

$AAU Has its 200 MA waiting on 20 MA to cross up thru 200 MA and take long when Stoch RSI at bottom and MACD turned up.

$AMMJ – American Cannabis

$AMMJ Has its 200 MA, waiting for Stoch RSI to hit bottom and turn up, MACD to turn up, and price over 20 MA and 50 MA with 20 MA up through 50 MA for long.

Live chart: https://www.tradingview.com/chart/AMMJ/BosVywGG-AMMJ-Has-its-200-MA-waiting-for-Stoch-RSI-to-hit-bottom-and-tu/

$AMMJ, Chart, Trading

$AMMJ Has its 200 MA, waiting for Stoch RSI to hit bottom and turn up, MACD to turn up, and price over 20 MA and 50 MA with 20 MA up through 50 MA for long.

 

Email or DM me on Twitter anytime with thoughts or questions!

Cheers!

Curtis

Article Topics; Compound Trading, Swing, Trading, Stock, Picks, $TSLA, $SNAP, $VGX, $AAU, $AMMJ

 

13
Apr 2017
EPIC, Algo, Chart, $USOIL, $WTI, Oil

Member Oil Trade Thurs Apr 13 Chart Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY

Thursday April 13, 2017 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F

Member Oil Trade Thurs Apr 13 Chart Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY

Crude Oil Trading Algorithm (EPIC) , , , , , , , , , , , , , , , , Epic the Algo

Thursday April 13, 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 and I am one of six Algorithmic Charting services in development at Compound Trading.

NOTICES:

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 in 2017 and will have 24 hr crude oil trade room.

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 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.

Visit this link for more information about my oil algorithm development, this link explains how our algorithmic charting is done, this YouTube video explains in summary how my algorithm works https://www.youtube.com/watch?v=LUNyxFoXJp8 this link for more information about our algorithmic stock charting models and what makes them different than most.

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

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Wednesday April 13, 2017:

https://www.tradingview.com/chart/USOIL/vbaPoqjH-EPIC-Oil-Algorithmic-Model-Charting-FX-USOIL-WTI/

EPIC, Oil, Algo, $USOIL, $WTI

Crude algo intra work sheet 343 AM Apr 13 FX $USOIL $WTIC #OIL $CL_F $USO $UCO $SCO $UWT $DWT #OOTT

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 52.91 at 3:46 AM EST Apr 13, 2017. Some thoughts with respect to traditional charting that may help advance the trading edge:

At time of post oil FX $USOIL $WTI is trading at 52.91 and the machines are in oil making trade very predictable.

Per previous;

“Oil may be confirming an new upward trading channel that is explained in the intra-day update video above. The channel is the most dominant set of support and resistance indicators on the chart at this point. The three diagonal uptrending red dotted lines represent the upper, mid, and lower channel lines. Our traders will be using the top of the channel to short oil and the bottom to long (with oil in a confirmed uptrend be very cautious when shorting).

Our traders will use the diagonal channel lines as support and resistance until they prove incorrect at which time they will revert to the horizontal noted support and resistance lines.

HOWEVER, there is a cluster of resistance that is very important not far above that I have explained was nearing for the last few months. The chart below shows the simple resistance lines from a classic charting perspective that coincide VERY CLOSELY with the algorithmic model resistance cluster. Short of war being announced, our lead traders will be shorting oil related in to the cluster. The resistance cluster is depicted on the chart above and the chart link provided above in white shading between blue downsloping trendlines.

The alpha algo targets (red circles) and alpha algo lines (red dotted diagonal) are marked on the chart. The thicker the line for alpha algo lines AND for algo targets the more dominant the line or target is. The same applies to all lines on the charting.

Also per recent;

Also of great importance is the upper range diagonal downtrending blue trend-line that I have reported about for the last two months as the most considerable resistance in oil trade in many months if not years (refer to reports going back). Although not near current trade if oil trades upward 52.00 or more you will want to pay note because this did confirm as significant resistance. It is currently downtrending (marked with a blue arrow and blue line) at approximately 54.00 intra-day.

The yellow arrows (horizontal yellow lines) represent significant horizontal support and resistance areas (conventional support and resistance areas from previous time price cycles). There is one at 47.37 another at 49.59, 51.95 and 54.32. Although not ideal, they do represent support and resistance areas of note. There are others overhead also.

More importantly are algorithmic chart modeling support and resistance areas for this specific area of trade at the silver arrows and thicker horizontal silver lines at 50.95 and 54.30. In the interim (until algorithm targets are re-established) our traders will use these as the primary support and resistance areas. Do not consider them hard and fast like you would Fibonacci – consider them general areas of support and resistance. The upward trending channel is now more dominant however (white arrows with dotted lines showing channel width on chart between red diagonal dotted lines represent channel).

As with previous reports the various other horizontal support and resistance lines are either recent support and resistance lines (purple) or Fibonacci support and resistance.

The diagonal dotted silver lines are algorithmic support and resistance lines (that form quadrants) for intra-day trading that are considered support and resistance and will affect trade (as you can see on the chart) and will also manifest as “channels” of trade on an intra-day basis. Our traders use these for tight intra-day trading. These are available on every time-cycle and are represented on a 30 minute chart in this report. The 24 hour oil trading room will represent all time frames for traders that wish to use these for intra-day trading”.

If you are a new member it is highly recommended that you spend some time reviewing the history of this work and how you can use it most to your advantage.

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).

Trade the ranges noted above.

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-lines are marked on main chart above.

Conventional Charting Observations: 

There are a cluster of resistance points in oil overhead and the charts below show this best:

Simple lines show expose clusters of resistance. Crude algo intra work sheet 201 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

https://www.tradingview.com/chart/USOIL/mOQxIWO7-USOIL-WTI-Simple-Lines-Expose-Areas-of-Resistance/

$USOIL, $WTI, Chart, Trendlines

Simple lines show expose clusters of resistance. Crude algo intra work sheet 201 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Notice how when the daily chart is opened, the simple lines extend to current day trade.

Daily chart view. Simple lines show expose clusters of resistance. Crude algo intra work sheet 213 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Daily, $USOIL $WTI, Chart, Trendlines

Daily chart view. Simple lines show expose clusters of resistance. Crude algo intra work sheet 213 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Daily chart view magnified. Simple lines show expose clusters of resistance. Crude algo intra work sheet 217 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

$USOIL, $WTI, Chart, Magnified

Daily chart view magnified. Simple lines show expose clusters of resistance. Crude algo intra work sheet 217 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Possible downtrending channel due to trendlines extending from previous time cycles. Crude algo intra work sheet 226 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

If this occurs, the white arrow shows top of downtrending channel forming and lower white arrow show possible support to channel (but not as strong as the others because it is from current time cycle unlike the others) and if price loses lower white arrow the channel downward could continue. Pink arrow shows the end of the pinch should price trade between the two white arrows to end of wedge.

$USOIL, $WTI, Chart, Trendlines

Possible downtrending channel due to trendlines from extending from previous time cycles. Crude algo intra work sheet 226 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Careful 50 MA pinch on 100 MA. SQZMOM up as is MACD but Stock RSI at top. Crude algo intra work sheet 233 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Careful with that 50 MA crosses the 100 MA – you want those opposite to be bullish. Careful price stays above them also. Price above 200 MA. Stoch RSI at top so it would make sense for it to come off soon.

https://www.tradingview.com/chart/USOIL/MVJk9YCm-Careful-50-MA-pinch-on-100-MA-SQZMOM-up-as-is-MACD-but-Stock-RS/

$USOIL, $WTI, Chart, MA, MACD

Careful 50 MA pinch on 100 MA. SQZMOM up as is MACD but Stock RSI at top. Crude algo intra work sheet 233 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci Levels:

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.

The Fibonacci lines are marked on main chart above.

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.

Horizontal trend-lines are marked on charts above.

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.

Oil Time / Price Cycles:

Watch your email and / or my Twitter feed for time price cycles they may start to terminate.

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 (Primary – Red dotted lines. Secondary – White 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.

As mentioned above, alpha algo targets and alpha algo lines are just starting to be re-instated on this chart and are test lines and targets only for work sheet purposes.

Current Alpha Algo Targets (Red circles):

The machines are on. Tuesday and Wednesday targets have hit.

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.

As mentioned above, alpha algo targets and alpha algo lines are just starting to be re-instated on this chart and are test lines and targets only for work sheet purposes.

Current Algo Targets:

As charted.

Oil Intra-Day Algo Trading Quadrants (white dotted lines):

Intra-day trading quadrants are available on all time – cycles and all of them are not detailed on this charting. The charting above represents the 30 minute trading quadrants. If you require tighter time-frames please email us and we will update charting for the time cycle you are looking for.

Trading quadrants are simply support and resistance lines that can assist your intra-day trading – they are not alpha or primary support and resistance by any measure. Price action does however typically move more assertively when leaving a trading quadrant.

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:

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.

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, Oil, Algo, Crude Oil FX: $USOIL $WTI, $USO, $UCO, $CL_F, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP, Chart, Algorithm, Indicators, Fibonacci

13
Apr 2017
Trading, Results, EPIC, Algo

Post-Market Wed Apr 12 $NADL, $DWT, $XIV, $USOIL, $WTIC, $GLD, $GDX …

Compound Trading Wednesday April 12, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading

Post-Market Wed Apr 12 $NADL, $DWT, $XIV, $USOIL, $WTIC, $GLD, $GDX …

Post Market Report (Trade Results) , , , , , , , , , , , , , , , Curt Melonopoly

Compound Trading Wednesday April 12, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $NADL, $DWT, $XIV, $USOIL, $WTIC, $GLD, $GDX – $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …

Intro:

Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).

Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.

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:

Our new systems are set-up and ready for Phase 2 – coding of our algorithmic charting! Long night but we’re ready for market. Cya in room!

Most recent lead trader blogpost: When You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.

Today’s Premarket Trading Plan – Watchlist  can be found here: Wednesday there was no premarket newsletter – it was handled in trading room because techs were in our offices getting ready for coding the charting algorithms.

Premarket watch-list for me was all about: 

Premarket Momo Watchlist: $BBRY $CNTF $NOVN $NADL $NBIX $SAEX $FHCO $AAU $NAK $DRYS $NUGT #Gold #Oil On mic in room 928 for open. GL!

In play today in chat room and on markets:

Besides $ADPT momo play and a $XIV tester here and the swing trades I guess… pretty quiet for me so far.

Well if that’s a near term oil top I started the short positioning process within .40 of the top. If that’s a near term top $USOIL $WTI #Oil

Trading Lessons, How-to and Educational:

Completed mid day chart review: $ARTC $SAEX $LGCY $DVN $GDXJ $GDX #GOLD $USOIL $WTIC $THM $NAK $VGZ $AAU Video will be on post market report

This mid day chart review and premarket are included in raw trading room footage below… we haven’t got time to splice out individual videos tonight. BUT I CAN TELL YOU FOR SURE that the noon chart review has a ton of learning educational about how I trade. Guaranteed worth a watch if you’re learning.

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size to micro sizing) – $DUST, $DWT, $XIV, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
ADPT 2.25 108.33% 31561287 Top Gainers
CNTF 2.79 45.75% 4065835 Top Gainers
NAK 1.82 31.88% 23900357 Top Gainers
NBIX 51.80 24.88% 13087569 Top Gainers
DRYS 2.17 24.71% 29054621 Top Gainers
APRI 2.20 22.22% 631678 Top Gainers
BBRY 8.93 15.97% 48719627 New High
ALSK 2.12 8.72% 699963 New High
SPKE 37.45 9.50% 446599 New High
RGCO 23.24 4.26% 16922 New High
STRP 92.00 0.90% 647725 Overbought
PED 1.23 -7.52% 73268 Overbought
CNTF 2.79 45.75% 4065835 Unusual Volume
WVE 23.15 -12.81% 2119694 Unusual Volume
DXJC 23.85 -0.79% 430735 Unusual Volume
NADL 2.65 -1.85% 16675296 Unusual Volume
AB 22.95 2.68% 616382 Upgrades
CNTF 2.79 45.75% 4065835 Earnings Before
VIRT 15.35 1.32% 900469 Insider Buying

Market Outlook:

I have come to respect algorithmic chart modeling like a deep sea fishing vessel respects a weather forecast. #trading #charts #signals

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

Swing Trading Notes / News:

NA

The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.

US Dollar $DXY $USDJPY $UUP & Currencies of Note:

Trump: US dollar is getting too strong

Gold $GLD $XAUUSD / Gold Miner’s $GDX:

Gold trade on fire over 200 day ? #Gold $GC_F $GLD $XAUUSD

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

Crude Oil. #Oil $USOIL $WTI $CL_F

US #oil production rose 36k b/d last week to 9.2M b/d. Above its 30k b/d average weekly rise since last October #EIAreport

#Oil Watch: Brent (chart) and WTI have nearly recovered to the post #OPEC deal price range of Dec-Feb — #OOTT #shale

Volatility $VIX:

NA

$SPY S&P 500:

See warnings above.

$NG_F Natural Gas:

NA

Live Trading Chat Room Video Raw Footage and Transcript:

Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day)


 Compound Trading Stock Chat-room Transcript:

Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades). 

Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix. Also, please note, sometimes pieces of the transcript are missing (also something we are working on). But the video is raw and complete.

Curt M: gm Mathew!
Curt M: yes lol agreed
mathew: Didn’t confirm lease, got approval from alaska gov to mine I think Flash
mathew: GM Curt and everyone
MarketMaven: gm Mathew!
Flash G: Yes. You are correct I believe Mathew.
mathew: Just checked. Approved land use permit. I still think that mine will never pay off but that’s me as an investor not a trader
Flash G: Exactly. Thanks.
Sammy T: In some BBRY 0.05
Lenny: im in NADL
Lenny: 3.40 from PM
Flash G: Glad I got out of my $QCOM bug probs
Lenny: $ADPT smokin
Lenny: $MOMO got momo this morning
mathew: Gold has a ton of war premium built in. Need tensions to remain high if everything else stays the same
nate: Thanks for the guidance guys:)
Curt M: Long $ADPT 2.26 1000
MarketMaven: lets doo this
MarketMaven: Out 2.53 1000 shares small win
MarketMaven: yup
MarketMaven: I added
Curt M: Thanks Maven for reporting
Curt M: Maven is in our offices today fyi Sartaj is out in conference
nate: im in it hopefully it doesn’t tank
sandra: mee too nitz
Hedgehog Trader: $NAK gapped no surprise
MarketMaven: congrats Nich
Hedgehog Trader: i did – slept w my 4 year old who has a fever 🙂
Hedgehog Trader: ah 🙂
Hedgehog Trader: thanks, i literally got up 10 mins ago
Sammy T: wow nice
Hedgehog Trader: congrats on ADPT
Lenny: I’m out ADPT
MarketMaven: out winner
MarketMaven: thanks nich
sandra: out
Flash G: Congrats kids. $ADPT that is.
mathew: More bull flow coming in to energy names. LNG today on the heals of a bunch of DVN last few days. Calls being bought
Sammy T: I re-entered $ADPT at 3.29 but cut 3.52
Lenny: I’m shorting $ADPT pops
Lenny: $RTRR and $SCON tape action intra only
Lenny: and what’s with $TWTR tape – announcement coming?
optionsavvy: GM
optionsavvy: Gold looking strong
Lenny: fhey options
Curt M: gm
optionsavvy: I am long this AXSM started 1/2 size yesterday. really like it here and if it manages to break 4.2 it may get some love
optionsavvy: I am in TWTR Lenny. no idea maybe it just got cheap enough to be worth the risk of a long shot they get bought ?
optionsavvy: TWTR should see 15.0X on this move
optionsavvy: curt is that CL_00 cash or is that the CL_F K futures ?
optionsavvy: looks like cash
Curt M: FX $USOIL $WTI
Hedgehog Trader: wow Curt very cool
mathew: Congrats man hard earned success for you guys
Leanne: Congrats Curtis!
Leanne: Amazing.
Leanne: Be careful over there
Hedgehog Trader: you are the Sultan of Swing
Leanne: you’ll be getting even less sleep
optionsavvy: just tweeted CL_ symbol list
Leanne: Sultan of Swing!!!!
Leanne: you need the wardrobe to go with the title
Curt M: Thanks for the kudos guys and gals. Scanning market quick for any plays and then break until lumch.
optionsavvy: OHRP trending if you dont mind sub 1.00s
Curt M: At lunch I’ll start process of looking at commodities, oil, Gold, silver Oil currencies etc for possible cofirmation of long term trend change – inflection I suppose. Anyway want to look at plays (individual equities etc) for swings etc starting at noon today.
optionsavvy: OHRP would be shot term intraday imo
Curt M: So any equities you would like to look at over lunch our get them in here and I’ll review them then – appreciate any lists or ideas,
optionsavvy: just re ran my scan. not much to look at
Leanne: I’ll be back for noon, take lots of profits everyone!
Lenny: $DRYS lol turd
optionsavvy: for those of you that dont follow here is the basic filter I use. http://www.finviz.com/screener.ashx?v=211&f=sh_avgvol_o50,sh_price_u15,sh_relvol_o1.5,ta_perf_dup&ft=4 I’d say it works is lil 🙂
Curt M: cya leanne
Curt M: nice thanks options
Leanne: Thanks optioinsavvy
Curt M: 10:28 off mic until 12:00 EST>>>>>>>>>>>>>>>>>>>>>>>>>>
optionsavvy: that scan is setup for defined moves off support on a near term basis. tends to work well to find scalps and 1-3 day plays
Curt M: Sartaj and I will be contacting everyone before Monday FYI for chart screen sharing and broadcasting training. Training in how to use it lol not broadcasting itself.
Lenny: thanks savvy
Flash G: Great tool there.
Lenny: taking trader nap till noon peace
MarketMaven: Sorted $UVXY earlier btw – holding
MarketMaven: shorted sorry
optionsavvy: would love to make a career out of shorting UVXY. You could beat the market easily in a flat to up bias mkt trend
MarketMaven: for sure
Flash G: $SWFT under pressure
optionsavvy: Last time I looked a short of UGAS + DGAZ combined would net about 35% return YOY if you did nothing at all. too bad you cant short both or I would do just that and go live on an island somewhere in the Bahamas
MarketMaven: interesting
optionsavvy: DOW shrugging off the negativity. could bounce soon
Flash G: I think you’re right.
Flash G: $PAAS has decent set-up on watch.
Flash G: $TWTR now on watch (although I never thought I would say that)
Hedgehog Trader: as a contrarian TWTR has to be on one’s radar
Hedgehog Trader: we all use it and it has been detracted since day 1
Flash G: Agreed
Hedgehog Trader: LINKD was once universally laughed at
Hedgehog Trader: when i think it was $30-40
Flash G: Very true.
Hedgehog Trader: greater the derision on twitter the more interested i am in a stock
Flash G: I have retail also (thanks to Curt) on my radar now. And thanks to this room the Miner’s. They seem to be the plays. Oil I agree with Curt could collapse here.
Flash G: Thinking out loud.

Hedgehog Trader: you are the Sultan of Swing
Leanne: you’ll be getting even less sleep
optionsavvy: just tweeted CL_ symbol list
Leanne: Sultan of Swing!!!!
Leanne: you need the wardrobe to go with the title
Curt M: Thanks for the kudos guys and gals. Scanning market quick for any plays and then break until lumch.
optionsavvy: OHRP trending if you dont mind sub 1.00s
Curt M: At lunch I’ll start process of looking at commodities, oil, Gold, silver Oil currencies etc for possible cofirmation of long term trend change – inflection I suppose. Anyway want to look at plays (individual equities etc) for swings etc starting at noon today.
optionsavvy: OHRP would be shot term intraday imo
Curt M: So any equities you would like to look at over lunch our get them in here and I’ll review them then – appreciate any lists or ideas,
optionsavvy: just re ran my scan. not much to look at
Leanne: I’ll be back for noon, take lots of profits everyone!
Lenny: $DRYS lol turd
optionsavvy: for those of you that dont follow here is the basic filter I use. http://www.finviz.com/screener.ashx?v=211&f=sh_avgvol_o50,sh_price_u15,sh_relvol_o1.5,ta_perf_dup&ft=4 I’d say it works is lil 🙂
Curt M: cya leanne
Curt M: nice thanks options
Leanne: Thanks optioinsavvy
Curt M: 10:28 off mic until 12:00 EST>>>>>>>>>>>>>>>>>>>>>>>>>>
optionsavvy: that scan is setup for defined moves off support on a near term basis. tends to work well to find scalps and 1-3 day plays
Curt M: Sartaj and I will be contacting everyone before Monday FYI for chart screen sharing and broadcasting training. Training in how to use it lol not broadcasting itself.
Lenny: thanks savvy
Flash G: Great tool there.
Lenny: taking trader nap till noon peace
MarketMaven: Sorted $UVXY earlier btw – holding
MarketMaven: shorted sorry
optionsavvy: would love to make a career out of shorting UVXY. You could beat the market easily in a flat to up bias mkt trend
MarketMaven: for sure
Flash G: $SWFT under pressure
optionsavvy: Last time I looked a short of UGAS + DGAZ combined would net about 35% return YOY if you did nothing at all. too bad you cant short both or I would do just that and go live on an island somewhere in the Bahamas
MarketMaven: interesting
optionsavvy: DOW shrugging off the negativity. could bounce soon
Flash G: I think you’re right.
Flash G: $PAAS has decent set-up on watch.
Flash G: $TWTR now on watch (although I never thought I would say that)
Hedgehog Trader: as a contrarian TWTR has to be on one’s radar
Hedgehog Trader: we all use it and it has been detracted since day 1
Flash G: Agreed
Hedgehog Trader: LINKD was once universally laughed at
Hedgehog Trader: when i think it was $30-40
Flash G: Very true.
Hedgehog Trader: greater the derision on twitter the more interested i am in a stock
Flash G: I have retail also (thanks to Curt) on my radar now. And thanks to this room the Miner’s. They seem to be the plays. Oil I agree with Curt could collapse here.
Flash G: Thinking out loud.
Hedgehog Trader: $GLUU interesting chart
Hedgehog Trader: about 20% owned by Tencent
Sammy T: $GLUU has legs imo. $DVD and $FNCX have tape momo
Flash G: $XME pressure intense
Shafique: Opening short frame ss on $CS
Sammy T: $ITEK underpinning strong
Flash G: Also have $TSLA add possible soon
Sammy T: $MSDI vol momo intra
optionsavvy: whoever had RTTR yesterday. amazing call nicely done
Sammy T: I’ll say
Flash G: Lenny likely
Flash G: Maven you should wak him up with a cold glass of water soon 🙂
MarketMaven: Heys pooped they worked all night these guys
Flash G: Consumer staples may get a lift here. $XLP
Sammy T: $MSDI has news also FYI
Flash G: $UVXY short seems to be high RR here.
optionsavvy: IF DJI..B prints a 20584 next level is 20543 imno
Flash G: Spot on.
Sammy T: $NOVN tape
Sammy T: Opened $NOVN long starter sizing
Hedgehog Trader: watch junior miner $VGZ
Hedgehog Trader: right at 109 tends to run
optionsavvy: prob with reading supp/res on 3x ETF charts is it doesnt account for decay so hard for me to calculate actual hard supp / res
MarketMaven: Curt just asked me to let room know if you could copy and paste any equities on watch for Commodities in to room to review that would be appreciated. He’s on mic at noon.
MarketMaven: I say copy and paste assuming some of you have lists already lol:)
Flash G: My only is $DVN and $URRE
MarketMaven: Thanks Flash.
Curt M: Getting charts ready will be on mic 12:10>>>>>>>>>>> for mid day reviews.
Lenny: here!
Curt M: Nice get me a list guys and gals.
Lenny: NAK!
Hedgehog Trader: VGZ
Shafique: $NAK $VGZ yes $DVN yes and mines chart
Hedgehog Trader: jr miner AAU i mentioned last week is in orbit
Hedgehog Trader: $THM quiet today but it is an Alaskan miner like 4nAK
Hedgehog Trader: $NAK
Curt M: On mic in 2 mins for mid day revew >>>>>>>>>>>>>>>>>>
Curt M: Start with $THM $NAK $VGZ $AAU $GDXJ $GDX $GOLD $OIL and then others if possible….
Curt M: I want to look at $DVN and some othe roil related too
optionsavvy: think I missed the Premium sell on IWM for 2nd half
Hedgehog Trader: NAK has 22M shares held short
Hedgehog Trader: 7 days to cover all based on avg vol
Leanne: So Curtis you always look fo the 50 to cross above the 200 and that is good and crossing below is bad. Did I catch that right?
mathew: ATRC is a good example chart of having everything in order with price on top
Leanne: Can this also apply to a daily chart for swings?
Leanne: so if you were looking at this chart today for an entry can you talk about that
optionsavvy: still short IWM 2nd half. mkts keying off DOW today and it wont break down so at a decision pt
Hedgehog Trader: thanks for the technical breakdowns on the charts Curt!
Leanne: Thanks Curtis, I feel enlightened
trading2018: Thanks Curtis
Curt M: Off mic >>>>>>>>>>>>>>>>>> finished today’s review $ARTC $SAEX $LGCY $DVN $GDXJ $GDX $GOLD $OIL $THM $NAK $VGZ $AAU
Curt M: Looking at afternoon plays see you soon.
Curt M: You’re all welcome.
Lenny: Took heavy profits on $RTRR
Lenny: Hopefully some others took it and BANKED 🙂
MarketMaven: good call len
Flash G: $ES_F higher low

Flash G: Good response to $JPM earnings should be directive for markets.
Flash G: The big event N Korea is purporting is supposed to occur Thursday there. Source BNO news.
Curt M: Looking at a possible $XIV long after pit close at 2:30 FYI. Pending.
Curt M: Watching 2:30 Oil close
Curt M: Long $XIV 500 64.88 for a test
Curt M: Took out my 21 ema and 8 ema almost immediately after I entered fark
Curt M: Watching VWAP on $XIV now
Flash G: I thought you were safer after oil at 2:30 but…
Curt M: Oil pressure started but was delayed lol
Curt M: $XIV stopped at VWAP so we’ll see if the PPT steps in even with oil pressure
Curt M: If $SPY loses LOD I would likely have to exit $XIV
Curt M: $XIV is purely a PPT play for me
Curt M: The basic thesis is even if oil is under pressure the PPT is under pressure to hold up $SPY and hold down $VIX
Flash G: Well…. we have done it over and over again. Rinse and repeat I say.
Lenny: All day everyday! Well once a day haha
Leanne: Sorry Curtis, please excuse my ignorance, what is PPT?
Curt M: Plunge Protection Team – The Feds crew – you may want to Google its history.
Leanne: will do
Curt M: It is good to understand.
Curt M: It’s a crazy story.
Curt M: Instituted after the great recession lol 2008 period
Leanne: Wow, the things I am learning today, feel like a kid again!
Flash G: Leanne, we have used that same trade over and over again since the PPT was instituted, it is more difficult nowadays but it used to pay YUGE daily dividends.
Flash G: Our trading group has made a living off just that as have many others.
Curt M: Much more difficult now however. Flash is correct.
Sammy T: $SPX support – so you should be fine.
Lenny: I took the trade. PPT will be in today with geo issues.
Lenny: I noticed TradingView moderator warning to ban peeps talking about politics – couldn’t imagine. That’s our edge many days.
Lenny: stupid is as stupid does
Lenny: Shorting $UVXY every opening I get here in prep for next week. I expect a big week on the turn after the holiday.
Flash G: N Korea ordered 25% of Pyongyang residents to leave the city immediately. Unconfirmed chatter.
Flash G: Leanne. You will see things in this room many others like Sykes and similar just won’t teach you.
Curt M: Transcript>>>>>>>> edit that name pls 🙂
Flash G: sorry… he is suit happy isn’t he
Adam: I won’t even say how much money I lost starting in that room.
Curt M: hey Adam nice to have ya back – vaca good?
Adam: yes yes yes
Adam: Your $XIV MACD pinching on the 3 there Curt – looks tasty
Curt M: ya it might come
Adam: wow thats slick lol
Adam: nice feature
Curt M: ya thats one feature I like
Flash G: Tradingview is actually a good platform. I’ve come to rely on it.
Flash G: Especially currencies
Curt M: Trump is out screaming about the dollar folks
Curt M: Golds got mojo on Trumps screams
Curt M: He might just scream Gold to the moon this year lolol
Sammy T: Very possible
Sammy T: Looks like PPT showed up
Lenny: yepper
Lenny: Leanne thats why Curt calls for Yellen (Fed) every day on Twitter in afternoon
Leanne: that’s funny
Leanne: now i know
Lenny: everyday same time
Lenny: there they are
Lenny: Trump gets on phone with Yellen says here we go – he yells dollar goes down gold up stocks take a hit PPT steps in – Managed markets
Lenny: thats a bsic synopsis
Lenny: summary
Leanne: i’m fascinated
Flash G: Wait for what you will see with that 24 hour oil room.
Leanne: so how does the PPT step in exactly
mathew: Interesting that oil isn’t seeing the same reaction as the metals here. falling dollar should also help it out
Curt M: PPT buys equiies bonds and more. Japan even buys highleveraged ETFs ETNs
Curt M: They have many proxies too Leanne it’s crazy
Leanne: isn’t that sort of like fixing the market?
Flash G: 🙂
Sammy T: anyone? lololol
Flash G: It is fixed dear. Yes.
Flash G: The free market ended in 2008
Flash G: 🙂
Flash G: Now you know why Curt’s algorithms are being developed. Review the Compound Trading history on the website. Look at the video “the mathemitician that broke wallstree”

Flash G: sorry, sic
Flash G: Distracted with my swing trades now
Leanne: I did, read every page on CT site, watched every vid.
Leanne: Curtis is a genius
Flash G: The algorithms are being developed because the market players – the big guns have it locked in. Curt is simply cracking their code.
Flash G: we’re all genious in our own way
Leanne: no, not all of us. i can bake mean bread but genius no. just trying to carve my own little path here
mathew: I like to think about Curt like Ton Hanks in the Da vinci code except he’s uncovering the secret to kick ass trading instead of some weird conspiracy
Leanne: Curtis needs a super cool nickname
Curt M: Curtis has a stupid busy office lately. ha
Curt M: I like that Mat haha
Curt M: Can you make my $XIV go up please?
Curt M: I might be in trouble.
Lenny: It’s fine. Last 10 mins watch.
mathew: MOC 700 mill to buy side should help ya
Lenny: see
MarketMaven: Every trade I tried today stopped flat except 2 small winners
Leanne: You are all like the big gun traders to me I aspire to become
sandra: Well I appreciate the knowledge gained. Just thought I would put my two bits in.
Hedgehog Trader: an MJ stock to watch that has shown strength is $BLOZF they make a roadside test- much of the sector has been weak but not this one
Curt M: Knowledge acquisition and deployment of it puts you over the wall Leanne.
Curt M: Thanks Nich
Leanne: Next week is deployment week for me
Curt M: Disciplined deployment that is. Clarify there.
Curt M: Internet throttling ugh
Curt M: I may just hold $XIV
Lenny: Here comes the pump
Adam: .
Adam: ops
Curt M: Doesn’t look great
Lenny: $GLBS pops
Curt M: Holding $XIV overnight
Lenny: why not i say
Lenny: they’ll defend the res its sitting on $SPY
Lenny: $SNGX interesting for tomorrow
Lenny: momo EOD tape
Lenny: $ELED too
Flash G: $CMG in my sphere
Sammy T: $TOPS momo too hahaha
sandra: niite
sandra: tomorrow
Flash G: Have a great evening. Dinner time.
Curt M: cya guys great day
Sammy T: yepp peace

 

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