Blog - Page 173 of 185 - Compound Trading

Dec 2016

PreMarket Newsletter Wed Dec 28 $OCRX $GALE $RADA $GGB $ORIG $GLD $GDX $NUGT $SLV $USLV $UWT $ASM $GRL $VGZ $NAK

My Stock Trading Plan for Wednesday Dec 28, 2016 in Trading Chat room. $OCRX, $GALE, $RADA, $GGB, $ORIG,

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

Welcome to the morning Wall Street trading day session!

Important Notices:

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

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

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

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

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

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

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

Current Holds:

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

Market Outlook:

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

Morning Momo / News Bits:

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

8:55
Redbook Chain Store Sales

10:00
Pending Home Sales

11:30
2-Year FRN Auction

1:00 PM
5-Year Note Auction

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

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

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

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

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Set-Ups:

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

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

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

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

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

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

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

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

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

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

Regular Trades:

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

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

As I wrote last week:

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

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

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

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

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

Outlook:

As I wrote this and last week:

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

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

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

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

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

Per previous:

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

Per previous:

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

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

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

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

Per recent posts:

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

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

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

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

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

Same with Gold and miners – on high watch.

Per previous;

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

My Plan for Trading Silver: same

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

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

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

Outlook:

Crude overnight is trading right below a major resistance.

Per Previous:

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

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

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

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

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

Study:

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

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

http://finviz.com/

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

http://www.highshortinterest.com/

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

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

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

GL!

Curtis

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

Dec 2016

Member Oil Trade Update Wed Dec 28 Charting Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Wed Dec 28, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F

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

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

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

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

NOTICES:

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

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

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

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

MULTI-USERS: Institutional / commercial platform now available.

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

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

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

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

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

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

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

FX: $USOIL $WTI Observations:

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

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

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

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

Multi Week Trading Range for Swing Trading:

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

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

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

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

Diagonal Trend Lines:

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

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

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

Price Action with 20, 50, 100, 200 MA

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

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

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

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

Fibonacci Levels:

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

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

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

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

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

Horizontal Trend-Lines (purple):

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

Advanced Charting:

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

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

Oil Time / Price Cycles:

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

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

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

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

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

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

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

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

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

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

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

Current Alpha Algo Targets (Red circles):

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

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

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

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

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

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

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

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

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

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

Oil Intra-Day Algo Trading Quadrants:

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

Indicator Methods:

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

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

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

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

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

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

Conclusion:

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

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

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

EPIC the Oil Algo

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

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

Dec 2016

Stock Trading Results Fri Dec 23 $DPRX $URRE $SGYP $FRED $CNAT $GSAT $DUST $JUNO $CBMX $GLD $GDX $USDJPY $WTIC $SLV $SPY

Post Market Report (Trade Results) $CBMX, $CNAT, $DPRX, $DUST, $FRED, $GSAT, $JUNO, $SGYP, $URRE, Chat Room, Compound trading, Day-trading, Investing, Stocks, trading lessons, Trading Results Curt Melonopoly

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

Intro:

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

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

Notices:

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

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

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

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

Personal Trades / Lessons Learned:

$CNAT and $URRE – just scalps.

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

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

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

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

Announcements in Trading Room:

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

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

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

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

Dec 2016

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

Intro:

Notices:

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

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

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

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

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

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

Personal Trades / Lessons:

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

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

Holding:

$DUST, $CBMX, $JUNO

Looking Forward:

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

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

Announcements in Trading Room:

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

Stock Chat-room Trading Transcript:

Miscellaneous chatter may be removed.

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

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

Dec 2016

My Stock Trading Plan for Tuesday Dec 27, 2016 in Trading Chat room. $JNUG $IONS $NAK $NUGT $SDRL $DWT $UWT, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

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

Current Holds:

$CBMX, $JUNO, $DUST

Market Outlook:

Morning Momo / News Bits:

Momentum stocks: $JNUG $IONS $NAK $NUGT $SDRL $NVCN, $USLV $UGAZ $AG $CNAT $SLW $GDXJ $ABX $MTL $GDX $UNG $NVDA

S&P +0.07%.

10-yr -0.1%.

Euro -0.11% vs. dollar.

Crude +0.26% to $53.16.

Gold +0.86% to $1,143.35.

Global stocks inch higher in holiday lull.

$SCMP gets rating upgrade, $IONS receives approval, $CAH settles suit.

Seattle Genetics announces clinical hold on Phase 1 trails of SGN-CD33A. $SGEN halted premarket. #biotech #stocks

Fred’s adopts poison pill http://seekingalpha.com/news/3232524-freds-adopts-poison-pill?source=twitter_sa_factset … #premarket $FRED

$PAAS +2.4% premarket after acquiring ownership and control of an additional 10M common shares of Maverix Metals for $5.46M.

Endologix shares tumble 14% in premarket trade.

$APRI Apricus Biosciences Announces the Launch of Vitaros® for the Treatment of Erectile Dysfunction.

$IONS SPINRAZA™ (nusinersen) Approved in U.S. to Treat Broad Range of Patients with Spinal Muscular Atrophy

$DRYS Enters Into $200 Million Common Stock Purchase Agreement With Kalani Investments Limited

Momentum Stocks (Market Open and Intra-Day):

Some of my Favorite Set-Ups:

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

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

(1) Pre-Market Gainers Watch-List: Gainers: $JNUG 7%, $IONS 7%, $NAK 5%, $NUGT 5%, $SDRL 5%, $NVCN, $USLV $UGAZ $AG $CNAT $SLW $GDXJ $ABX $MTL $GDX $UNG $NVDA I will update before market open or refer to chat room notices.

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

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

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

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

Regular Trades:

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

As I wrote last week:

I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

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

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

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

Outlook:

As I wrote this and last week:

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

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

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

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

Per previous:

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

Per previous:

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

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

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

Per recent posts:

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

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

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

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

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

Per previous;

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

My Plan for Trading Silver: same

Other equities I like for Silver trade: $AUMN (penny stock). Same here, when trend reversal occurs I will post equity picks here.

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

Outlook:

Per Previous:

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

Trading Plan: NA

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

Study:

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

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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: $JNUG, $IONS, $NAK, $NUGT, $SDRL, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGAS, $DWT, $SLV, $GLD, $DXY

Dec 2016

Member Oil Trade Update Tues Dec 27 Charting Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Tues Dec 27, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F

Tues Dec 27, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

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

NOTICES:

TRADE NEWS: Crude is trading at 53.16 (at 4:45 EST) – THERE IS A NEW ALGO LINE AND ALGO TARGETS ON THIS CHART. ALSO A LIST OF ALGO TARGETS WITH PROBABILITIES ARE LISTED IN ALGO TARGET SECTION BELOW.

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

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

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

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

MULTI-USERS: Institutional / commercial platform now available.

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

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

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Tuesday Dec 27, 2016.

https://www.tradingview.com/chart/USOIL/mQ1tJztl-EPIC-the-OIL-ALGO-MEMBER-CHART/

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 53.15 4:50 AM ET Dec 27, 2016. Some thoughts with respect to traditional charting that may help advance the trading edge:

New Algo Targets – Algo Line. Crude algo intra work sheet 443 AM Dec 27 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

New Algo Targets – Algo Line. Crude algo intra work sheet 443 AM Dec 27 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Multi Week Trading Range for Swing Trading:

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

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

Diagonal Trend Lines:

There are two (at least at time of writing) diagonal trend – lines right under where crude is trading and one right at where crude is trading intra.

Price Action with 20, 50, 100, 200 MA

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

Crude trading just above 20 MA on 4 Hour. Crude algo intra work sheet 500 AM Dec 27 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Crude trading just above 20 MA on 4 Hour. Crude algo intra work sheet 500 AM Dec 27 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Crude trading just above 20 MA on 1 Hour. Crude algo intra work sheet 457 AM Dec 27 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Crude trading just above 20 MA on 1 Hour. Crude algo intra work sheet 457 AM Dec 27 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

The 200 MA on the 1 day provides predictable entry and exit and good trend change indication (until it doesn’t). A review of historical time frames proves that you will want for price to come up through the 200 MA from the downside. There are some examples of failure over last number of years also.

200 MA on 1 Day. Crude algo intra work sheet 624 AM Dec 23 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

200 MA on 1 Day. Crude algo intra work sheet 624 AM Dec 23 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci Levels:

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

Fibonacci Levels. Crude algo intra work sheet 514 AM Dec 27 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci Levels. Crude algo intra work sheet 514 AM Dec 27 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Horizontal Trend-Lines (purple):

Advanced Charting:

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

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

Oil Time / Price Cycles:

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.

Per the last few reports we reference a few time cycles and yes as usual crude moved aggressively out of those cycles as we thought.

Time price cycle terminations. Crude algo intra work sheet 527 AM Dec 27 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

There are many time price cycle terminations on every chart, it depends where price is trading with time to determine if there is a possible termination at hand. Below I have noted four prominent ones coming and terminating at approximately on or before Tues at 4:30 PM, Wed 5:15 AM, Fri 4:30 AM June 2 4:45 PM BUT IT DEPENDS ON WHAT PRICE CRUDE IS TRADING AT. So if you are in a trade and you want a lead trader to review what time / price cycle terminations apply to intra day levels let them know in the trading room or send an email over and they will respond for you. Over time, you will learn what to look for. There are no REAL SIGNIFICANT time price cycle terminations on this chart – all are moderate to weak.

Time price cycle terminations. Crude algo intra work sheet 527 AM Dec 27 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

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

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

The alpha algo trend lines are on the chart above (red dotted diagonals) – there is one far below price, two above and one right where price is trading – the one nearest price is proving to be significant.

Current Alpha Algo Targets (Red circles):

So what is your most probable algo target for Tuesday 4:40 PM EST? Your closest target that crude is trending toward is always the most probable. Crude is currently trending toward a target (red circles on chart) Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

This week alpha algo targets are as follows (with associated ht probability):

Tuesday 4:30 PM EST – 50.74 (7%), 53.34 (56%), 54.56 (24%)

Wednesday 10:30 AM EST – 50.87 (6%), 53.53 (53%), 54.76 (21%)

Friday 1:00 PM EST – 51.23 (5%), 54.06 (47%), 55.78 (17%)

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

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

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.

Crude algo intra work sheet 605 AM Dec 27 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Oil Intra-Day Algo Trading Quadrants:

Indicator Methods:

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

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:

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

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

Dec 2016

Member Edition GOLD Trade Update: Chart / Algorithm Dec 26 $GLD $UGLD, $DGLD Miners: $GDX $NUGT, $DUST, $JDST, $JNUG

Gold Trading Update Monday Dec 26 – GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart

Gold Trading Update Monday Dec 26 – GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

Dec 26, 2016 Rosie the Gold Algo Trading Report (member edition).

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

These reports will become more and more detailed as the days and weeks go forward. You can follow my intra day tweets here https://twitter.com/ROSIEtheAlgo.

IMPORTANT NOTICES:

NEW TRADING ROOM OPTION: There is now an option for trading room only – non-bundled version https://compoundtrading.com/product/standalone-live-trading/ at 59.00 a month (vs bundled version with morning newsletter and alerts at 119.00). There are limited orders available at 38.2% discount (200 max) FYI.

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

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

ACCESS: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 I will have a rate increase as my model rolls over from early stage – but as with all our offerings, existing members will be grandfathered at locked-in current rates. You can subscribe to the Gold algo member edition here.

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

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

Please read the public version of this Gold trade report first and then view Member Edition add-ons below:

Algorithmic Modeling Member Section

Primary Algorithmic Model Support and Resistance:

Current trading at time of writing is at 1139.26. Following are your support and resistance calculated from previous time / price cycles and various other calculations that coincide with Fibonacci levels:

Resistance:

Moderate 1141.90, 1144.19, 1145.19, 1146.29. Significant 1150.69, 1156.12, 1157.40, 1164.91, 1196.08, 1217.91, 1239.75, 1310.44

Support:

1136.97, 1135.65, 1134.74, 1132.51, 1129.34, 1127.68, 1125.44, 1122.82, 1120.77

Support and Resistance. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Alpha Algo Trading Lines:

The primary algo support and resistance lines are at the following levels – trade above is bullish intraday to next primary line and trade below is bearish intraday to next primary line.

1122.82 – a break below has high probability of further downtrend in Gold

1144.19

1150.69

1164.94 – a break above has high probability of a trend reversal in Gold taking place to upside.

Alpha Algo Trading Price Targets:

Gold has been trading in a confirmed downtrend since early Oct 2016, as such, the lower targets are more probable than the upper targets. The closer to price of current trade the more probable the targets are to hit prior to expiry Jan 1 2017. The one consideration is that Gold is getting an intraday bounce as this is being written.

Here are the targets for this week (the further from current price the less likely a hit):

Upper:

1150.69

1164.91

1217.91

1239.75

1266. 71

1310.44

Lower:

1120.77

1119.37

1117.89

1116.11

1113.27

Intra Day Algo Trading Quadrants:

The blue lines represent the outside lines (perimeter) of algorithmic modeling quadrants (as they apply to this time-frame). Watch them closely – they very often act as support and resistance.

Algo Quadrant Lines (Blue). Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Time / Price Cycle Change Forecast:

The nearest time / price cycle terminates at latest Dec 28 at 7:00 AM – it is moderate, but plan for intraday trend reversal nonetheless anytime prior.

The next significant time / price cycle termination is Jan 10, 2017 at 10:00 AM.

As new time / price cycle terminations present themselves we will notify members by alert or new posts.

Gold News:

Gold Copper Ratio tells us difficult days ahead. http://seekingalpha.com/article/4032727-gold-copper-ratio-tells-us-difficult-days-ahead-gold

Gold and Gold Miner Equities on Watch:

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

Resource Stock Seasonality:

Included in upcoming issues early Jan 2017.

Gold Miners Trade Study:

Included in upcoming issues early Jan 2017.

Algorithmic Modeling Indicators:

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

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

Rosie the Gold Algo

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

Dec 2016

GOLD Trade Update: Chart / Algorithm Dec 26 $GLD $UGLD, $DGLD Miners: $GDX $NUGT, $DUST, $JDST, $JNUG

Gold Trading Update Monday Dec 26 – GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart

Gold Trading Update Monday Dec 26 – GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

Dec 26, 2016 Rosie the Gold Algo Trading Report (public edition).

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

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

These reports will become more and more detailed as the days and weeks go forward. You can follow my intra day tweets here https://twitter.com/ROSIEtheAlgo.

IMPORTANT NOTICES:

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

PRICING: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 I will have a rate increase as my model rolls over from early stage – but as with all our offerings, existing members will be grandfathered at locked-in current rates. You can subscribe to the Gold algo member edition here.

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

Gold Trading Observations:

A Review:

Through-out summer and fall 2016 we were warning against a bullish bias to gold and by early Oct 2016 we were giving specific price targets – one price target for 1163.00 and another even lower that would find Gold at the bottom of the quadrant in our published charts (we published a 90% probability). As of writing (Dec 26, 2016) both of these price targets have been hit. Here are a few examples of our alerts / tweets;

1163 Gold Price Target

Gold 1163 – 1167 buy trigger decision. IMO one step more down probable. $XAUUSD $GLD $JNUG $NUGT $DUST #Gold

— Curtis Melonopoly (@curtmelonopoly) October 9, 2016

$GOLD Almost there. $GLD $NUGT and select small caps on deck soon. #patience #stocks #daytrading pic.twitter.com/uEjPLkwn2J

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

Gold trade hitting price target.

Price target published months ago is in grey box. $GOLD $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG) pic.twitter.com/92MV0aEd2J

— Rosie the Gold Algo (@ROSIEtheAlgo) November 25, 2016

Warning that there was a 90% probability that Gold would have to visit bottom of quadrant on chart (representing further downside).

The only problem is 90% of the time Gold has touched bottom of quadrant (blue) to confirm end of pull-back move on 5 year chart. $GOLD pic.twitter.com/XQyRoMe59i

— Rosie the Gold Algo (@ROSIEtheAlgo) November 25, 2016

Dec 15 perfect touch to PT alert Nov 25. Gold Algo Model Chart Work Sheet $GLD $UGLD, $DGLD Miner $GDX $NUGT $DUST $JDST $JNUG

Alerting members to watch for the 100 day to be regained:

The 200 100 50 20 are about to converge on the 1 week chart. Price needs to regain 100. $GOLD $GLD Miners $GDX ($NUGT, $DUST, $JDST, $JNUG pic.twitter.com/doEMAnVNqa

— Rosie the Gold Algo (@ROSIEtheAlgo) November 25, 2016

As of Dec 26 the 100 day MA has not been regained.

100 Day MA on 1 Week Chart – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Nov 25 I alert that when the 200 MA crosses the 100 MA on the 5 min that could be an area for a pop in price (for scalping daytrade):

$GOLD On the 5 min when the 200 cross 100 could get a pop. $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG pic.twitter.com/ru2PACC6Os

— Rosie the Gold Algo (@ROSIEtheAlgo) November 25, 2016

Below is what happened the next time the 200 MA crossed the 100 MA on the 5 min. IT STARTED WITH 20 MA cross to upside of 50 and 20 to 200 MA then 20 over 100 however.

200 MA Crossing 100 MA on 5 Min Chart – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

200 MA Crossing 100 MA on 5 Min Chart – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

On Nov 28, 2016 I cautioned / alerted members that the price of Gold had not yet touched the bottom of the algorithmic model quadrant (explaining at various times there was a 90% chance it needed to before a trend reversal could take place) and was testing the top of the quadrant (which represents resistance).

$GOLD $GLD Caution warranted as price tests top of quadrant, is above algo PT, and hasn't touched bottom of algo quadrant. $GDX $NUGT, $DUST pic.twitter.com/b7sgmkmcYJ

— Rosie the Gold Algo (@ROSIEtheAlgo) November 28, 2016

Gold tested top algo quadrant but not lower of quad – 90% b/o do. Dec 2 727 AM Algo Work Sheet $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG pic.twitter.com/DOqJqO9D6J

— Rosie the Gold Algo (@ROSIEtheAlgo) December 2, 2016

Gold trading price since alert (above) – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Gold trading price since alert – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Alerting again to wait for bottom of quadrant before considering long position in Gold:

Hit my PT from July call but not lower quad. Gold algo intra work sheet 558 AM Dec 5 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG pic.twitter.com/Uqoxwu4fCt

— Rosie the Gold Algo (@ROSIEtheAlgo) December 5, 2016

Dec 18, 2016 published a Keep It Simple Gold chart to watch 100 MA on 1 Week for buy / sell triggers:

Trading under 100 MA on 1 Wk – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Trading under 100 MA on 1 Wk – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Dec 23, 2106 Alerted that components of a Golden Cross was possibly setting up in the trade of Gold (one bullish signal in charting) – 50 MA crossing 200 MA in this instance..

GOLD 1 WK 50 200 20 $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) pic.twitter.com/GN3Y4juvHd

— Curtis Melonopoly (@curtmelonopoly) December 23, 2016

And of course along the way we watched the USDJPY

USDJPY is a problem. 116.06 – 116.52 in sights. Watch support. Dec 2 802 AM Algo Work Sheet $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG pic.twitter.com/Sz1qHBuLbv

— Rosie the Gold Algo (@ROSIEtheAlgo) December 2, 2016

Current Trading:

At time of writing Gold is trading at 1133.17. Some thoughts that may help advance you trading edge;

Trading at 1133.17 – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Trading at 1133.17 – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

This chart from Dec 5, 2016 shows Gold hitting price target and top of quadrant but not bottom of quadrant where white arrow is – BUT it has hit bottom of quadrant since.

Hit my PT from July call but not lower quad. Gold algo intra work sheet 558 AM Dec 5 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Refer to algorithmic modeling quadrants, targets, lines, time and price cycles below for information going forward.

Golden Cross:

The elements of a Golden Cross are setting up in Gold. The 50 MA crossing the 200 MA.

Golden Cross setup 50 MA crossing 200 MA. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Applications of the Golden Cross
The most commonly used moving averages are the 50-period and the 200-period moving average. The period represents a specific time increment. Generally, larger time periods tend to form stronger lasting breakouts. For example, the daily 50-day moving average crossover up through the 200-day moving average on an index like the S&P 500 is one of the most popular bullish market signals. With a bell weather index, the motto “A rising tide lifts all boats” applies when a golden cross forms as the buying resonates throughout the index components and sectors. http://www.investopedia.com/terms/g/goldencross.asp

Moving Averages:

100 MA on 1 week. A very predictable indicator of longer range trading trend.

Price still trading under 100 MA on 1 Week. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Price still trading under 100 MA on 1 Week. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Intra-day, 20MA crossing 50, 100, 200 example om 1 minute. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Intra-day, 20MA crossing 50, 100, 200 example. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

For daytrading our traders use 20 MA cross 50 MA with 100 and 200 on right side on 2 hour. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

So basically the set-up is on the 2 hour chart – the MA’s need to be on opposite side of chart below. This set-up has proven effective if you back-test it.

Daytrading, Gold, Chart, 20, 50, 100, 200, MA

For daytrading our traders use 20 MA cross 50 MA with 100 and 200 on right side. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Using 50 MA crossing upside 20 MA as sell signal. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Then you can use the 50 crossing up over 20 as your sell signal – or as our traders often do they turn to tighter time-frames, but I think you get the idea.

Using 50 MA crossing upside 20 MA as sell signal. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Fibonacci:

Fibonacci Levels to watch. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

The chart below is literally a work sheet our trader’s are using while this post is being written – so don’t use this at home – in a way that you would typically use Fib levels. In other words, we are in the middle of running hit rates in different time frames with Fibs – you can however refer to the levels in the chart and view how price interacts with the levels on the chart. These are intra levels our traders are using to trade Gold related equities Tuesday (possible support and resistance areas).

Fibonacci Levels to watch. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Seasonality:

GOLD Seasonality over 32 years peaks in Jan

GOLD Seasonal Average Spot

GOLD Volatility Peaks in Jan 37 Years

Gold Intraday Average 10 Year chart

Gold and the US Dollar:

GOLD / USDJPY pic.twitter.com/k8O72GD8OV

— Curtis Melonopoly (@curtmelonopoly) December 27, 2016

Algorithmic Modeling Member Section

Alpha Algo Trading Lines:

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

Alpha Algo Trading Price Targets:

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

Intra Day Algo Trading Quadrants:

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

Time / Price Cycle Change Forecast:

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

Gold News:

Gold Copper Ratio tells us difficult days ahead. http://seekingalpha.com/article/4032727-gold-copper-ratio-tells-us-difficult-days-ahead-gold

Gold and Gold Miner Equities on Watch:

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

Resource Stock Seasonality:

Included in upcoming issues early Jan 2017.

Gold Miners Trade Study:

Included in upcoming issues early Jan 2017.

Algorithmic Modeling Indicators:

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

Rosie the Gold Algo

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

Dec 2016

PreMarket Newsletter Fri Dec 23 $DPRX $URRE $UEC $GSAT $SGYP $DUST $DWT $USOIL $WTIC $UWT $SPY $GLD $GDX $SLV…

My Stock Trading Plan for Friday Dec 23, 2016 in Trading Chat room. $DPRX, $URRE, $UEC, $GSAT, $SGYP,

My Stock Trading Plan for Friday Dec 23, 2016 in Trading Chat room. $DPRX, $URRE, $UEC, $GSAT, $SGYP, $DWT $UWT, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Merry Christmas everyone! May you have a very happy holiday with your family.

Important Notices:

REPORTING STATUS: Another quickie guys and gals!

Current Holds:

$CBMX, $JUNO, $DUST

Market Outlook:

I AM STALKING VOLATILITY, COPPER LONG AND OIL LONG AT SUPPORT. SOON GOLD and miners and maybe bio.

Morning Momo / News Bits:

Momentum stocks: $DPRX $URRE $UEC $GSAT $SGYP – $URRE up 53% on 80K volume premarket 7:47 AM.

S&P -0.09%.

10-yr +0.08%.

Euro +0.12% vs. dollar.

Crude -0.96% to $52.44.

Gold +0.16% to $1,132.55.

Small Bio M&A on watch. Today $DPRX gap. $OPHT $DNAI $DVAX $IPCI $TKAI

Futures quiet in pre-holiday trade.

EnteroMedics to reverse split shares 1:70 December 28 #premarket $ETRM

Momentum Stocks (Market Open and Intra-Day):

Some of my Favorite Set-Ups:

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

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

(1) Pre-Market Gainers Watch-List: Gainers: $DPRX $URRE $UEC $GSAT $SGYP $GOGL $NUGT, $FCAU $ERIC $EWZ $UGAZ $RACE $SCO $DB $UVXY I will update before market open or refer to chat room notices.

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

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

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

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

Regular Trades:

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

NA – Getting some action though.

As I wrote last week:

I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

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

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

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

Outlook:

As I wrote this and last week:

Looking for possible record lows before Christmas.

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

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

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

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

Per previous:

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

Per previous:

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

THIS IS STILL SUPER BULLISH!!!

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

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

Per recent posts:

Rosie the Gold Algo target call HIT!

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

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

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

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

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

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

Per previous;

Yesterday Silver tanked real hard! Good thing we’ve been sitting on our hands awaiting inflection point here.

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

My Plan for Trading Silver: same

Other equities I like for Silver trade: $AUMN (penny stock). Same here, when trend reversal occurs I will post equity picks here.

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

Outlook:

Per Previous:

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

Trading Plan: WE ARE RIGHT NEAR SUPPORT AT TIME OF WRITING! 51.93 is the support test and I will take a long position there and see if we get the turn.

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

Per last week:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

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

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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: $DPRX, $URRE, $UEC, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $SLV, $GLD, $DXY

Dec 2016

Member Oil Trade Update Fri Dec 23 Charting Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Friday Dec 23, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F

Friday Dec 23, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

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

NOTICES:

TRADE: Crude is trading at 52.56 which is very close to a major support (at 5:47 EST). We have traders looking at possible long positions at 51.95 area and crude $USOIL.

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

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

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

MULTI-USERS: Institutional / commercial platform now available.

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

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

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Friday Dec 23, 2016.

https://www.tradingview.com/chart/USOIL/ZqkVYdUL-EPIC-THE-OIL-ALGO-MEMBER-CHART/

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 52.58 5:51 AM ET Dec 23, 2016. Some thoughts with respect to traditional charting that may help advance the trading edge:

Trading 52.58 Crude algo intra work sheet 545 AM Dec 23 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Trading 52.58 Crude algo intra work sheet 545 AM Dec 23 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Multi Week Trading Range for Swing Trading:

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

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

Diagonal Trend Lines:

There are two (at least at time of writing) diagonal trend – lines right under where crude is trading.

Price Action with 20, 50, 100, 200 MA

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

20 MA on 4 Hour. Crude algo

200 MA on 1 Day. Crude algo intra work sheet 624 AM Dec 23 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci Levels:

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

Fibonacci levels for oil. Crude algo intra work sheet 644 AM Dec 23 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci levels for oil. Crude algo intra work sheet 644 AM Dec 23 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Horizontal Trend-Lines (purple):

Advanced Charting:

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

You will see a lot of noise on the charts over the next few weeks (algorithmic calculations of various types). Specific to the charts above they are littered with Fib levels and if you look close you wil see geometric shapes in white or grey lines. Try and ignore for now.

Oil Time / Price Cycles:

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.

Per the last few reports we reference a few time cycles and yes as usual crude moved aggressively out of those cycles as we thought.

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

The alpha algo trend lines are on the chart above (red dotted diagonals) – there is one far below price and two above.

Current Alpha Algo Targets (Red circles):

Friday target in my opinion (upper or lower targets) are a low probability.

Next week targets will be published before market open Tuesday (Monday the market is closed).

So what is your most probable algo target for Friday 1:00 PM EST? 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).

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

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

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

Oil Intra-Day Algo Trading Quadrants:

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

Indicator Methods:

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

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:

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

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

Previous 1 … 171 172 173 174 175 … 185 Next

PreMarket Newsletter Wed Dec 28 $OCRX $GALE $RADA $GGB $ORIG $GLD $GDX $NUGT $SLV $USLV $UWT $ASM $GRL $VGZ $NAK

PreMarket Newsletter Wed Dec 28 $OCRX $GALE $RADA $GGB $ORIG $GLD $GDX $NUGT $SLV $USLV $UWT $ASM $GRL $VGZ $NAK

Member Oil Trade Update Wed Dec 28 Charting Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Member Oil Trade Update Wed Dec 28 Charting Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Stock Trading Results Fri Dec 23 $DPRX $URRE $SGYP $FRED $CNAT $GSAT $DUST $JUNO $CBMX $GLD $GDX $USDJPY $WTIC $SLV $SPY

Stock Trading Results Tues Dec 27 $MBRX $CNAT $NAK $WRN $CYCC $DUST $JUNO $CBMX $SPY $GLD $GDX $USDJPY $USOIL $WTIC $SLV

PreMarket Newsletter Tues Dec 27 $JNUG $IONS $NAK $NUGT $SDRL $USOIL $WTIC $UWT $SPY $GLD $GDX $SLV…

Member Oil Trade Update Tues Dec 27 Charting Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Member Oil Trade Update Tues Dec 27 Charting Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Member Edition GOLD Trade Update: Chart / Algorithm Dec 26 $GLD $UGLD, $DGLD Miners: $GDX $NUGT, $DUST, $JDST, $JNUG

Member Edition GOLD Trade Update: Chart / Algorithm Dec 26 $GLD $UGLD, $DGLD Miners: $GDX $NUGT, $DUST, $JDST, $JNUG

GOLD Trade Update: Chart / Algorithm Dec 26 $GLD $UGLD, $DGLD Miners: $GDX $NUGT, $DUST, $JDST, $JNUG

GOLD Trade Update: Chart / Algorithm Dec 26 $GLD $UGLD, $DGLD Miners: $GDX $NUGT, $DUST, $JDST, $JNUG

PreMarket Newsletter Fri Dec 23 $DPRX $URRE $UEC $GSAT $SGYP $DUST $DWT $USOIL $WTIC $UWT $SPY $GLD $GDX $SLV…

PreMarket Newsletter Fri Dec 23 $DPRX $URRE $UEC $GSAT $SGYP $DUST $DWT $USOIL $WTIC $UWT $SPY $GLD $GDX $SLV…

Member Oil Trade Update Fri Dec 23 Charting Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Member Oil Trade Update Fri Dec 23 Charting Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Follow Compound Trading on Periscope!