January 8, 2019 Market Trading Strategies from Mid Day Review in the Main Trading Room With Lead Trader.
Voice starts at 5:55 on video.
A very quick overview of what we are watching in the general markets (details in recent videos of each algorithm sent out to members).
Because we are structured time cycle inflection traders we were watching for the end of the large time cycle late December (holidays had to pass), a few days in to new year (yesterday and today) to let the markets settle so there are no surprises. The only two other things are EIA and China USA trade talks (trade talks not a big issue because structure will be structure either way – support and resistance areas of trading zones).
So tonight and especially in to tomorrow post EIA you can expect the reporting flow to increase through the next six months. And as stated before, the trading for swing, daytrading and algorithms will pick up considerably also.
If you are unclear about what I am communicating please review all recent reporting.
1/7/2019 6:47curtJan 7 â€“ I am in session in main trading room today for market open, mid day review, during active trading.
1/7/2019 6:50curtmorn 🙂
1/7/2019 6:50curtMonday Jan 7 – Two days to let market structure settle and the report flow for the next six month time cycles starts. #patience #caution.
1/7/2019 7:00curtLooking to add to DWT short initial position on next oil pull back.
1/7/2019 7:08OilKROKU has block flows in premarket
1/7/2019 7:09OilKOil should see 50 then likely pull back some as curt points out
1/7/2019 7:09OilKSHOP also with flow\
1/7/2019 7:09MavenSHOP and ROKU high on my list today OilK
1/7/2019 7:11MavenDollar tree also may begood RR on swing here with activist
1/7/2019 7:11LennyMaven, sector issues but i agree
1/7/2019 7:12Lennystreaming hours up near 70% on ROKU – that seems key data point
1/7/2019 7:13AndersonAssoci started a position ROKU earlier starter only at this point, agree ith SHOP and possibly dollar tree
1/7/2019 7:14Surrinderpull back in oil would be healthy here
1/7/2019 7:16curtVIX on watch for near term bounce as it nears lower BB
1/7/2019 7:17curtWeekly US Dollar chart on watch for price to lose 200 MA – possible swing to 100 MA 94.70 area, trading 95.75 intra
1/7/2019 7:19curtSPY on watch for a near term pull back as it tackles 20 MA on daily.
1/7/2019 7:22curtJP Morgan says recent sell-off in global markets has a striking similarity to the one in late 2015, which may offer a glimmer of hope for 2019. In 2016 recession didnâ€™t materialise. What stopped the rot were Fed, USD & China stimulus; all these could be inflecting again.
1/7/2019 7:55curtIf oil does get the 50 mark (which may be too obvious) before a pull back, I will likely short term long NatGas UWT
1/7/2019 8:01curtNFLX NVDA strong order flows today
1/7/2019 8:02curt1030 or 1100 30 min candles should determine short term direction in oil
1/7/2019 8:05curtOn equities – the leaders have moved in to short term resistance areas, will watch but if oil pulls back like I think it will those equities will likely also, that would give opportunity for the select long entries in equities.
1/7/2019 8:07curtâ€¢New orders 62.7 vs 62.5 prior
1/7/2019 8:07curtUS December ISM non-manufacturing index 57.6 vs 59.0 expected
1/7/2019 9:02curtBack in an hour at lunch in main trading room for mid day trade review.
1/7/2019 9:58curton mic at 12:10, delayed with conference