05
Dec 2016

Post Market Fri Dec 2 $JUNO $CBMX $SGY $EVHC $VTNR $ASNA and more.

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

Review of my Chat Room Stock Day Trades and Alerts for Friday Dec 2, 2016. $JUNO, $CBMX $SGY, $EVHC, $VTNR, $ASNA, $USOIL, $WTI 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.

Overview Perspective & Review of Chart Room, Trades and Alerts:

Friday was very quiet for me. The Italy referendum was on deck, $USOIL $WTI Oil was at it’s Fib and algo resistance and $GOLD $SILVER were in holding patterns (getting jiggy), $GDX miner’s were starting to get jumpy and the morning momo’s were not set-up extremely well (although some morning momo traders I know did get some scalps – most of those specific traders seen red momo morning).

I am still holding $CBMX, $JUNO and $SGY.

Primary Lessons That May Help Your Trades:

No lessons Friday from my trades as I was waiting for trend confirmations (inflection point in markets). I did have one trader DM me and challenge me on my sitting on hands with $SILVER and $GOLD etc…. I simply responded that when it’s time to hammer down I will stay in the trend and add at pull-backs and that time is easily made up for.

Announcements in Trading Room:

08:50 am Curtis M : Gainers and Losers http://thestockmarketwatch.com/markets/pre-market/today.aspx

10:51 am Curtis M : Taking an early lunch back at 11:30 EST for what I think will be a fun afternoon $VIX $NUGT

Stock Chat-room Trading Transcript:

09:23 am Curtis M : Gainers: $NVCN $NVFY $FIVE $HTBX $SGY $BAK $VNR $SEMI $BNSO $ULTA $MTU $BCEI $GOGL $JCP $ARWR $DGAZ $TLK $BIG $IM $RICE
09:42 am mathew w : Early day for me so not many moves. Just hit CRM dec9 70’s for a bounce back after last night’s flush
09:52 am Curtis M : New 52wk Highs: $EPM $SLM $VASC $WBS
10:04 am Curtis M : Watching $VIX $NUGT $$USD/JPY
10:12 am GS CT : What could? Gold?
10:12 am GS CT : Thanks.
10:18 am GS CT : What is your preferred Gold ticker to play? NUGT GDX ??
10:20 am mathew w : JUNO moving for you guys who took the trade and got underwater
10:20 am mathew w : I’m out for the weeked. Have a good trading day and weekend all
10:20 am GS CT : Me too. it can have erratic price moves though.
10:21 am susan woo : Curtis, you interested in buying AUMN? I’m in already
10:21 am susan woo : Steady Eddy, wish it would go
10:23 am susan woo : NAK another good one
10:32 am susan woo : The gold reversion time is around early January? I missed what you were saying ealrlier
10:38 am susan woo : thanks
10:44 am GS CT : Before it goes higher or lower?
10:44 am GS CT : SPY
10:51 am Curtis M : Taking an early lunch back at 11:30 EST for what I think will be a fun afternoon $VIX $NUGT
10:54 am Curtis M : If oil blows thru 51.77 it could really run FYI
10:56 am Curtis M : OIl has lots of room above 51.77
11:52 am Curtis M : Just runniing scans until it picks up
01:52 pm Curtis M : Next stop for Oill 51.77 and lots of room above
02:05 pm Curtis M : Leaders $EVHC 211% $VTNR 22.86% $ASNA 21.01%
02:47 pm GSCT . : Think oil will backtest here. Has tht look.
02:48 pm GSCT . : That was actually a question.
03:04 pm Curtis M : $SGY pinch 20 and 100 on the 3
03:05 pm Curtis M : oil = bull
03:56 pm Curtis M : A little $VIX insurance not a bad thing here #Italy if you’re holding large over weekend FYI
03:56 pm Curtis M : OIL bulls not letting go
04:00 pm Curtis M : Well… lackluster day but excellent set up for Monday IMO
04:00 pm Curtis M : over and out have a great weekend!

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $SGY, $JUNO, $CBMX, $USOIL, $WTI, $GOLD, $SILVER, $GDX

02
Dec 2016

Post Market Thurs Dec 1 $SGY, $JUNO, $USOIL, $UCO, $APPY, $TLYS and more.

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

Review of my Chat Room Stock Day Trades and Alerts for Thursday Dec 1, 2016.  $JUNO, $SGY, $USOIL, $UCO, $APPY, $TLYS 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.

Overview Perspective & Review of Chart Room, Trades and Alerts:

Today was for me was $UCO long earlier in day that went well and $SGY entry that is a bag. I looked up my bad holding from last 12 months and I got out of 13 of 15 so hopefully this is the case with $SGY. I now have $JUNO, $CBMX and $SGY (3 current bags).

 

Primary Lessons That May Help Your Trades:

The $UCO trade was executed well – just wish it was larger. The $SGY trade was executed poorly – I went in to FOMO mode right at high of day because the tape was squeezing and oil was close to another break-out and to add to it I didn’t cut fast. But I did hold because I have traded it before – it does spike and I think oil early next year has a high probability of 60+. I have other reasons for holding too – but I should have cut. My $JUNO trade is a bottom trade that I’m comfortable with holding. All in all a fairly undisciplined day – not my style normally.

 

Announcements in Trading Room:

08:57 am Curtis Melonopoly : Not much new / updated here but here it is https://compoundtrading.com/pre-market-newsletter-thursday-dec-1-gold-silver-usoil-wti-usdjpy-spy-vix/

Stock Chat-room Trading Transcript:

08:52 am Curtis Melonopoly : Shippers, Energy, $BLUE $CLRB $BSTG $CBK $CLC $DRYS $GLBS, $DCIX
08:53 am Curtis Melonopoly : $BLUE $COTV $LEI $DRYS $SDRL $SKX $UGAZ $UWTI $QIWI $WLL $CS $CHK $OAS $JDST $UCO
08:56 am Curtis Melonopoly : https://compoundtrading.com/pre-market-newsletter-thursday-dec-1-gold-silver-usoil-wti-usdjpy-spy-vix/
09:10 am Curtis M : http://thestockmarketwatch.com/markets/pre-market/today.aspx
09:18 am Curtis M : downgrades $QUAD $TRGP $USB $ZION $RF $WFC $CERN $CMI $AJG $Q $WEN $MCD
09:19 am Curtis M : upgrades $WLL $SM $LNN $EOG $APC $NGG $SMTC $INST $SKX $DRI $DE $TRV
09:19 am Curtis M : Wll review algos after open settles down.
09:25 am Curtis M : $TWTR Disney chatter
09:35 am Curtis M : Lng $JUNO 2000 20.13
09:46 am GSCT . : SKLN pop
09:50 am Sandra T : $GEVO good action
09:59 am Sam E : $DRYS should go
10:00 am Curtis M : Watching $NATGAS for reversal $USOIL for break out $GOLD for bottom of quad $SILVER to confirm reversal $SDRL for squeeze $TWTR rumor Disney
10:03 am mathew w : Just entered Sdrl above previous resistance. Watching below the 2.9 level
10:04 am Curtis M : .
10:05 am Curtis M : Long $UCO 3000 10.905
10:06 am Curtis M : Going to have to reset charts already opera slow
10:06 am GSCT . : Why not Chrome?
10:08 am Curtis M : opera better for averting hacks – we’re getting hacked
10:08 am Curtis M : been constant last 3 weeks
10:09 am GSCT . : Wow. Jeez.
10:10 am Curtis M : I thouhgt it was Panama but nope
10:11 am Curtis M : Sartaj thinks its because of the financial footprint – stocks
10:13 am mathew w : Upper target 51.25 on /cl
10:13 am mathew w : I have both futures and UCO targeting that level
10:14 am mathew w : Also back in some CLF Dec9 9.5 calls
10:15 am mathew w : Reload for me after selling last wek
10:25 am Curtis M : So as I go thru algo charts today go ahead and post questions and I’ll try and get to them thru day
10:35 am mathew w : OIL!
10:38 am mathew w : Just trimmed some of my position for a quick drop to reenter
10:48 am Curtis M : Order for 6000 shares $UCO long 51.20 and abover 1000 at each penny
10:57 am mathew w : Im out. Hit my .25 level
11:14 am Curtis M : $WLL 29% $NOG 20% $ATW 19% $RIG 16%

11:20 am Curtis M : Scaled out 11.20 ish for decent win on 9000 shares
11:24 am Curtis M : Fib 51.77 full extension and 52.05 ish full measure moved lots of air above 51.77 tho $FX $USOIL $WTI
11:36 am Curtis M : Watching $GOLD for $NUGT play
11:36 am Mathew Waterfall : I’ve had a JNUG and USD/JPY split screen on one of my screens all week. JPY is just relentless
11:36 am Curtis M : ya
11:53 am GSCT . : /CL may retest HOD
11:59 am dan o : Pit close may get right out of control today
11:59 am Curtis M : lol
12:01 pm GSCT . : /CL HOD
12:02 pm GSCT . : What was the Fib level you expected here?
12:02 pm GSCT . : 51.77
12:02 pm GSCT . : ?
12:03 pm GSCT . : Here we are.
12:06 pm Mathew Waterfall : I’m back long against the 10 day on the 1′
12:06 pm Mathew Waterfall : frontrunning a bit
12:06 pm GSCT . : /NG 3.5
12:07 pm Mathew Waterfall : Just heard 3.87 from a guy I follow who is right way more than wrong
12:07 pm Mathew Waterfall : Said it was a long term hit though
12:12 pm GSCT . : Think a backtest is imminent /CL today?
12:14 pm GSCT . : Usually there is after this kind of up move.
12:15 pm GSCT . : This may be it now.
12:15 pm GSCT . : For 1 or 2 %
12:18 pm GSCT . : That won’t end well
12:43 pm Curtis M : Long $SGY 7000 8.03 avg
12:54 pm Mathew Waterfall : Rolling and selling RIG calls opened yesterday
12:55 pm Mathew Waterfall : Sold half, rolled hald to DEC30 14.5s. I’m in the green so free trade from ehre for further squeeze
01:11 pm Curtis M : If $SGY comes off I’ll hit t again at 7.00
01:12 pm Curtis M : I’m in long swing if needed through to spring with 12 – 14 target on $SGY
01:12 pm Curtis M : Running scans
01:13 pm Curtis M : If Ol comes off today I’d peg it at 51.09 ish for a bounce
01:14 pm Curtis M : Going for coffee back in 20 mins
02:07 pm Curtis M : Running scans
02:08 pm Mathew Waterfall : BTO TLT Jan17 124/126 call spread. Will trade against this if need be
02:23 pm Curtis M : Long $SGY scaling in 7000 we’ll see
02:24 pm Curtis M : If price doesn’t go north I’ll cut on these entries but hold and swing oriiginal entries
02:25 pm Curtis M : In 1 of 7 now
02:25 pm Curtis M : 3 of 7
02:29 pm Curtis M : 7 of 7
02:41 pm Curtis M : $SKLN looking good today
02:41 pm Curtis M : out 7k
02:48 pm Curtis M : $SKLN popped
02:54 pm Curtis M : scaling back in $SGY – yes I’ll do this until grip
02:55 pm Mathew Waterfall : I like your call long term. Short term support seems to be around 4.9
02:56 pm Curtis M : I hate pain trades lol but when i get aggresive I seem to end up in them
02:56 pm Curtis M : I just checked last year 15 bags out of 13 positive
02:57 pm Mathew Waterfall : Tis the season I suppose. It would owrry me if it makes another run into that overhead gap and fails and filling it again
02:57 pm Mathew Waterfall : Nice!
02:57 pm Curtis M : Long holds tho
02:57 pm Curtis M : Months
02:58 pm Mathew Waterfall : That’s the thing with the low floats. As long as you get the entry right, you’ll get a spike sooner or later
02:58 pm Mathew Waterfall : Just depends on how long and how much pain you sit through on the way
02:58 pm Sam E : I like $SGY play
03:00 pm Curtis M : Scaling out 7 k
03:00 pm Curtis M : oops nope
03:00 pm Curtis M : sorry
03:00 pm Curtis M : lol
03:00 pm Curtis M : Sending my wife off here set stop on 7 of 14 back at 330 at latest
03:21 pm Curtis M : stop got hit for the record 6 cent loss
03:22 pm Curtis M : still in 7k
03:22 pm Curtis M : sorry 3 cent loss
03:25 pm Curtis M : back in 6.29 avg
03:25 pm Curtis M : tight stop
03:32 pm GSCT . : But you added more to you rposition then sold? Not sure I understand what you did SGY.
03:33 pm Curtis M : out tiny loss im holding 7k
03:33 pm Curtis M : sorry confusing myself
03:33 pm Curtis M : holding 14 k 7 k with tight stop
03:34 pm Curtis M : nope sorry stop got hit only holding 7 lol geesh
03:35 pm Curtis M : im getting on a conference – u guys have a great night – if i get a re-entry ill post it
03:35 pm Ronny D : night
03:43 pm Curtis M : back in for another try scaling here
03:45 pm Mathew Waterfall : Followed a sweeper through on some dec 2 MGM calls. Japan ruling should give this a boost. lotto 29
03:48 pm Curtis M : having a hard time getting fill here
03:50 pm Curtis M : I am going to just watch after hours for a good fill dont want to leave it for morning
03:50 pm Curtis M : oh there got it lol
03:50 pm Curtis M : in for 7k total 14 k hold overnight 2nd fill avg looks like 6.265
03:51 pm Curtis M : no stops im in
03:51 pm Curtis M : have a good night all!
03:57 pm GSCT . : IS that your overall position average?
03:57 pm GSCT . : Or your second lot of 7k?

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $SGY, $JUNO, $USOIL, $UCO, $APPY, $TLYS

01
Dec 2016

Post Market Wednesday Nov 30 OPEC, OIL, $USOIL, $UWTI, $GENE, $SCON, $SGY $CRC, $SDRL $NE $RIG and more.

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

 

Review of my Chat Room Stock Day Trades and Alerts for Wednesday Nov 30, 2016. OPEC, OIL, $USOIL, $UWTI, $GENE, $SCON, $SGY $CRC, $SDRL $NE $RIG  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.

Overview Perspective & Review of Chart Room, Trades and Alerts:

From Tuesday:

Today was a day of review of inflecton point charts in $USD/JPY, $SILVER, $GOLD, $DXY, $SPY, $NATGAS etc. Spent some time in the afternoon going over levels to watch.

Trader’s were obviously aware of levels Wednesday when morning run-up occurred and OPEC deal came being that we reviewed oil algo targets / charting etc day befo

Nobody nowhere ever has EPIC hit rate – none.

And @RosietheAlgo and @SuperNovaAlgo won’t be far behind. The other three are likely a few months yet. Existing subs will be grandfathered (which is how it will work with all our algos as they roll out).

Why am I on about all this? Cause we get a lot of “special” people on social media etc… gets a little long in the tooth sometimes.

From Tuesday:

Also, we are waiting for OPEC decision. I am long $UWTI from late Friday.

Wednesday was in fact about oil. Epic nailed the target at 10:30 predicted last week on his feed and we reviewed in detail the new algo targets. It was also about oil companies and shippers got a bit jiggy and yes $GENE and $SCON got ramp room.

I see $GOLD and $SILVER are once again testing Rosie and SuperNova’s price targets in overnight.

Primary Lessons That May Help Your Trades:

My $UWTI long…I sold too early – I can do the math on the algo but I can’t trade it like I know math. Pure and simple.

$GOLD and $SILVER per previous comments;

So far we’ve play $GOLD and $SILVER right waiting for the inflection trend reverse.

$SPY per previous comments;

I haven’t taken a trade on recently, perhaps should have entered on this most recent pull-back, looking for position soon again.

Previous comments;

The $SPY play I had set properly prior to election has played out exactly as predicted and didn’t really capitalize like I could have so far – but it hasn’t exactly been a face ripper like Brexit or last Jan or last Sept (all of which I caught) – it’s been much more orderly so I’ve spent my energy preparing for the trend reverse.

I AM GOING LONG $SPY SOON. And then it should tank sometime between Christmas and May – we’ll see. Should.

I should also say I will be hammering down on some longer term swing plays soon. Time-frame likely 2 weeks to 4 months type of plays. Market is improving. Looking for other side of inflection of course. Why do I emphasize that soooo much??? Because if you’ve been following me at all you will know I’ve been scalping only for months. There’s a time to scalp a time to swing and a time to hammer down. SO YOU WILL SEE A DIFFERENT TRADER WHEN IT COMES TO SWINGS ETC. MUCH bigger entries and LONGER HOLDS and ESCALATED ENTRIES. I scalp to stay in the market when its f’d and I like to keep in the heartbeat and I like to reset my basics and discipline etc etc. Anyway, I believe I can see the directions in general terms fairly clear now whereas the last 18 months has been off for me – I didn’t like Obama at all. Zero. None. Ugh. Terrible. I’m not a left or right I’m a capitalist I guess so more right but a lot of me is left so I’m me. I just didn’t like his ways.Trump will be much more predictable and capitalist predictable I guess is what I’m saying. Just want to make it clear so any that aren’t clear have it clear clear clear cause I can’t stand “you didn’t tell me or you told me this” comments. Hate them. Hate. 🙂 I go out of my way to be clear. 🙂 🙂

Announcements in Trading Room:

09:54 am   Curtis M : Review of upper algo targets for possible OPEC deal at 10:05 AM

11:02 am   Curtis M : Gonna do some scanning and back for 12 EST

01:23 pm   Curtis M : Set my stop on $JONE at my buy and gonna have coffee w wife and come back in 20 min

Stock Chat-room Trading Transcript:

08:45 am Sartaj Hundal : Good morning, traders. This is a reminder that our inaugural opening offer for the live trading room ends on Friday. Use coupon code fomo50 at checkout. https://compoundtrading.com/shop
09:09 am Curtis M : Running scans – back before open.
09:15 am Curtis M : $SCON up 70% premarket http://www.marketwatch.com/investing/stock/SCON?siteid=rss
09:17 am Curtis M : 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
09:23 am Curtis M : Some gainers $SCON $CRC $BAS $REXX $VNR $FMCC $HOS $GASL $OAS $FNMA $LEI $NOG $GST $ORIG $BCEI $DNR $AREX $SM
09:37 am Curtis M : Energy squeeze $CRC $OAS $SDRL $WPX $LPI $SM $CPE $NE $MOG $SYRG $ERF $ORIG $DNR $REN $GBR $GST $ CLR $WPXP $EGN $PE
09:41 am Curtis M : $GLBS squeeze
09:42 am Curtis M : Leaders $SCON $GENE $CSBR $CRC $GLBS and energy
09:44 am Curtis M : Resistance test on crude here.
09:52 am Curtis M : Will Wun through Upper Targets for potential OPEC deal in 10 mins or so
10:03 am mathew w : REN fighting the squeeze here
10:06 am Curtis M : Primary target direct hit https://twitter.com/EPICtheAlgo/status/803978309650395136
10:06 am Curtis M : Starting in 3 mins algo work on oil
10:15 am Curtis M : Out $UWTI 21.79 $UWTI 1200 shares from last Friday looking for re-enter later
10:19 am GSCT . : Very difficult to read to be honest
10:20 am GSCT . : Yes! Hahaha.
10:21 am susan woo : Its like a Kandinsky painting!
10:21 am GSCT . : Lol.
10:30 am GSCT . : And you’ll have educational videos as well
10:31 am GSCT . : or live edu on it I assume
10:42 am GSCT . : I don’t doubt the algo I’m just not clear how to trade using them exactly. And the chart as is is very cluttered to my eye.
10:49 am GSCT . : It would be easier to see without theall the horizontal purple lines.
11:01 am Curtis M : Email any questions you have plz thanks!
11:02 am Curtis M : Gonna do some scanning and back for 12 EST
11:07 am GSCT . : Can the screen in screensharing be enlarged so there aren’t fat white borders around it?
11:13 am Curtis M : OPEC press conference
11:23 am Curtis M : We have split rooms FYI
11:48 am Mathew Waterfall : Out the rest of my WLL calls. Hit the fib I was looking for. Almost a tripple bagger on those
11:48 am Curtis M : $MRO squeeze
11:50 am Curtis M : $MRO squeeze
11:57 am Curtis M : Nice Mathew
12:02 pm Mathew Waterfall : SN up over 22% and my calls barely moved. Love that…not
12:02 pm Mathew Waterfall : Part of the fun I guess lol
12:06 pm Curtis M : ugh
12:07 pm Mathew Waterfall : At least I had the move right so that makes me warm and fussy while my account is smaller than it should be. If this move confirms for a day or two the small cap oil squeeze will be on like donkey kong and it;ll straighten out
12:25 pm Curtis M : $JONE tape strong
12:36 pm Curtis M : Long $JONE average 4.81 2500
12:36 pm Curtis M : Will add if t squeezes
12:36 pm Mathew Waterfall : Good call. Picked up a bit earlier myself with the plan to add over 5 if it gets mving
12:37 pm Mathew Waterfall : *moving
12:51 pm Mathew Waterfall : Im out of JONE. 4.66-4.86. Will reenter if get sover HOD on volume
01:08 pm Curtis M : $HOS tape strong
01:10 pm Charles S : I think JONE will be good going forward no matter what occurs today
01:11 pm Elroy O : cleaner chart lol
01:11 pm Curtis M : funny
01:12 pm Curtis M : Hey if you guys figure out a cleaner way to get algo stuff in a chart let me know! 🙂
01:13 pm Curtis M : Pt close should be real good or real bad likely good
01:14 pm Mathew Waterfall : Can play HOS against 5.15. That’s been some key resistance and support
01:14 pm Mathew Waterfall : up over hi likely pops
01:15 pm Mathew Waterfall : Longer term support at 4.75 if you want to go on a swing
01:23 pm Curtis M : Set my stop on $JONE at my buy and gonna have coffee w wife and come back in 20 min (stopped flat)
01:30 pm Curtis M : Theres a recent Gold blog post about a possible bottom at that quadrant fyi possible
01:30 pm Curtis M : Back in 20
01:52 pm Curtis M : 49.84 fib ext oil
01:54 pm Curtis M : Long $UWTI 2000 22.98 looking for 49.80 oil fib ext
01:58 pm Curtis M : Sartaj stole the others lol
02:01 pm Curtis M : OUt 23.21 $UWTI
02:04 pm Curtis M : Long $UWTI 23.10
02:08 pm Mathew Waterfall : Back looking at silver and gold. Already sitting on small USLV position. Market weakness tells me it may be time mixed with gold double bottom here
02:09 pm Curtis M : Sorry yes 4000 shares
02:09 pm Curtis M : Ill go 12000 if fib 49.87 blows thru
02:13 pm Curtis M : Out 23.09 cut look for reenter for that fib break at top ($UWTI)
02:15 pm Curtis M : Looking fr squeeze above 49.87
02:16 pm Mathew Waterfall : DRYS getting after it again here
02:26 pm Curtis M : Sorry I was long $UWTI 3 mins ago (out flat)
02:28 pm Curtis M : cut flat
02:28 pm Curtis M : wanted that break and didnt get it
02:29 pm Curtis M : oh well trend change is in play now so should be decent trading now going forward
02:35 pm Mathew Waterfall : Large MOC to the sell side. This would be 3 in a row IIRC if it sticks
02:36 pm Mathew Waterfall : .-1.4b currently
02:44 pm Curtis M : Huge order flow $DRYS
02:45 pm Mathew Waterfall : Yepp. Picked up some SHIP as a sympathy pla. Like the lower entry point and solid support just south of current levels
02:46 pm Curtis M : Likely see $RIG $SDRL $NE etc run over next few weeks
02:50 pm Mathew Waterfall : Large sweeps in RIG and WLL today
03:30 pm GSCT . : DWTI 56.43 – 57.45
03:31 pm Curtis M : $SGY $CRC strong close… may run if oil continues…. $SDRL $NE $RIG I and others in that clan I think will run hard between now and Christmas
03:31 pm Elroy O : no doubt about offshore – setting up
03:32 pm GSCT . : Crude could fall here
03:32 pm GSCT . : 48.85
03:36 pm Kline P : Does look like last year
03:42 pm Mathew Waterfall : Like GST here as well if it can clear recent highs
03:50 pm Curtis M : Well I’m calling it a day – now that OPEC is behind us maybe we get a direction in market over next few days. Room open till 4 ish. Best!
03:50 pm StockMaven S : Thanks!
03:55 pm GSCT . : Going to miss these leveraged Oil ETFs
03:55 pm GSCT . : UWTI DWTI delisted Dec 8
03:56 pm Curtis M : yup
03:57 pm GSCT . : DO you like GUSH and DRIP >
03:57 pm GSCT . : ?
03:58 pm GSCT . : Exp and prod.
03:59 pm Curtis M : we’re backtesting them in the works
04:00 pm Curtis M : Night guys

 

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, OPEC, OIL, $USOIL, $UWTI, $GENE, $SCON, $SGY $CRC, $SDRL $NE $RIG

30
Nov 2016

Post Market Tuesday Nov 29 $CBMX, $GLBS, $DRYS, $SHIP, OPEC, $UWTI, OIL and more.

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

Review of my Chat Room Stock Day Trades and Alerts for Tuesday Nov 29, 2016. $CBMX, $GLBS, $DRYS, $SHIP, $UWTI, OPEC, $USOIL, $WTI, OIL 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.

Overview Perspective of Chart Room, Trades and Alerts:

Today was a day of review of inflecton point charts in $USD/JPY, $SILVER, $GOLD, $DXY, $SPY, $NATGAS etc. Spent some time in the afternoon going over levels to watch. As we get in to Dec with members only I will be reviewing in more depth including algorithm details. So this will be normal practice in quiet periods in room. I am also booking some guest speakers for those times.

Also, we are waiting for OPEC decison. I am long $UWTI from late Friday.

And then there were the Shippers and some BIO runners today for those of us tired of sitting on our hands during inflection – I made my donation – twice.

Primary Lessons That May Help Your Trades:

My $UWTI long… previous comments;

I took a trade on $UWTI at the wrong time on the chart – didn’t get on right side of it. I sold in morning to be sure I got out (OPEC has me pensive) and then took a position later when it “looked like” price action was going to get away on me —-> FOMO is what that is called. Oh well, can’t win them all – haven’t lost it yet – but definitely on wrong side of trade so far and that’s not the edge a trader wants.

So now it’s hard to say – in overnight trading oil is up 4.83%.

$GOLD and $SILVER per previous comments;

So far we’ve play $GOLD and $SILVER right waiting for the inflection trend reverse.

$SPY, I haven’t taken a trade on recently, perhaps should have entered on this most recent pull-back, looking for position soon again. Previous comments;

The $SPY play I had set properly prior to election has played out exactly as predicted and didn’t really capitalize like I could have so far – but it hasn’t exactly been a face ripper like Brexit or last Jan or last Sept (all of which I caught) – it’s been much more orderly so I’ve spent my energy preparing for the trend reverse.

$CBMX, this is my LESSON OF THE DAY. I don’t know how many times I have to learn this one…. cut fast. Anyway, I’m under water on it so we’ll see. It is a smaller position in my swing account so it isn’t that concerning but still a bad move. The way I play this is to hammer down two more times at inflection points on the wash-out with tight stops.

Announcements in Trading Room:

08:48 am   Curtis M : https://compoundtrading.com/pre-market-newsletter-monday-nov-28-gold-silver-usoil-wti-usdjpy-spy-vix/

Stock Chat-room Trading Transcript:

09:06 am Curtis M : Decliners $NVLS, $FOLD, $PI, $USLV, $FDUS, $TCBI, $GOLD, $GWPH, $AAPL, $ERIC
09:07 am Curtis M : Advancers $CYTR $CBMX $VBLT, $KNDI, $ARIA, $TTPH, $NVFY, $NTNX, $OCUL, $WB, $GOOGL, $AMZN
09:17 am Curtis M : .
09:19 am Curtis M : $CBMX $GENE $CYTR $VBLT $THO
09:26 am Curtis M : $CBMX likely 5 today
09:28 am Curtis M : $CBMX break of 4 is my buy after bell
09:33 am Curtis M : Long 416 2000 $CBMX
09:35 am Curtis M : Stopp $CBMX 409
09:47 am GSCT . : /CL looking to retest LOD
09:47 am GSCT . : 45s
09:48 am Curtis M : $NYMX halt
09:56 am Curtis M : $GENE monster
09:57 am Curtis M : Reset charts soon – bogged
09:59 am GSCT . : SKLN 3.11 now
10:08 am Curtis M : $CWEI $REN curb stomped
10:16 am Curtis M : I’ll start on SiLVER GOLD OIL charting etc once mornng slows here
10:24 am Curtis M : Iran chatter trying lift oil
10:31 am Xmid S : $EYEG squeeze very possible
10:32 am Curtis M : $GENE HOD and strong
10:35 am Curtis M : 2000 Long $CBMX 4.08
10:53 am Curtis M : Going to let this trade simmer and look to add later… taking a 30 min break and then back to prep charts for aft session and run thru OIL GOLD SILVER SPY NATGAS etc
11:58 am Curtis M : Back for afternoon sessoin running scans
12:13 pm Curtis M : GLBS halt
12:18 pm Mathew Waterfall : In NUGT .26 playing against the 100 on the 1′
12:19 pm Mathew Waterfall : Been minding that well, should see some lift. Possibly add more over highs
12:23 pm charles wilks : still think cbmx will get to 5$?
12:23 pm Mathew Waterfall : Stop bumped to .27 on NUGT trade. Right under 10 on the 1′ for a scratch at worst
12:23 pm Curtis M : thats my plan over next 3 days – but could be wrong
12:25 pm charles wilks : ok keeps hitting resistance now 3.95 last hr
12:29 pm Adam Q : $DRAM +33%
12:32 pm Randloph R : $GNK on the move HOD Shipper
12:32 pm Mathew Waterfall : Stop hit on NUGT trade. Small .10/share win. Looking to reenter on 50/100 touch
12:35 pm Winifred F : Taking some $GENE here for EOD move
12:40 pm Sandeep G : $DCIX R/G off $GLBS
12:45 pm Mathew Waterfall : Like that bull flag on the 1′ on GENE
12:45 pm Mathew Waterfall : Up and over the 200 would be strong
12:46 pm Winifred F : $DRYS $SHIP in play of course
12:52 pm Curtis M : 1000 $DRYS 4.63 Long Swing acct
12:57 pm Curtis M : 4.53 out loss
01:07 pm Mathew Waterfall : In GENE at 2.43. Out under that bull flag/100 at 2.39
01:07 pm Mathew Waterfall : Will be moving stops up if it goes
01:16 pm Mathew Waterfall : And out at 2.4
01:31 pm Mathew Waterfall : NUGT back on close watch. Would like a 50 touch. Currently resisting 9 day on 1′
01:35 pm Mathew Waterfall : in @8.51. Crappy fill. Tight stop to the downside it if breaks that 50 if may see the 100 quick
01:40 pm Curtis M : $GOLD testing 200 MA on 15 Min
01:42 pm Mathew Waterfall : Got my stop hit in NUGT at 8.48
02:19 pm Mathew Waterfall : Painful ranges today. May reenter NUGT at .44 which seems to be acting as support if gold heads north
02:26 pm GSCT . : SKLN off LOD
02:26 pm GSCT . : No vol but a good price
02:29 pm GSCT . : What do you think Curtis?
02:30 pm GSCT . : Just a spec play really without a catalyst
02:33 pm GSCT . : Increasing volume is a catalyst at this point
02:33 pm GSCT . : Thanks.
02:41 pm GSCT . : XIV nice ramp
02:58 pm Curtis M : $USD/JPY has to bounce or $GOLD will bounce
03:13 pm Curtis M : Done for day gong to leave room open and watch $USD / JPY from phone for faiilure at 618
04:30 pm GSCT . : SKLN AH

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $CBMX, $GLBS, $DRYS, $SHIP, OPEC, $UWTI, $USOIL, $WTI, OIL

29
Nov 2016

Post Market Monday Nov 28 OPEC, FOMO, $PZRX, $GLBS, $UWTI, $USOIL, $WTI, OIL and more.

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

Review of my Chat Room Stock Day Trades and Alerts for Monday Nov 28, 2016. OPEC, FOMO, $PZRX, GURU Posts, $GLBS, $UWTI, $USOIL, $WTI, OIL 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.

Overview Perspective of Chart Room, Trades and Alerts:

Second quiet day in a row for me. There were some runners today $PZRX, $AIRI, $EPIX $HTBX, $TIME and a few more…. but didn’t catch any – small cap bios really. $GLBS got halted and offering of course and tank – a LESSON THERE FOR SURE – very dangerous plays they are. I love the GURUS that post their short positions after the halt – whatever. And the standard plays (Gold, Silver, Dollar, etc) we work with are still at inflection but it looks like that’s almost over. Tomorrow is GDP and EIA and other interesting things like OPEC are coming soon.

Primary Lessons That May Help Your Trades:

I took a trade on $UWTI at the wrong time on the chart – didn’t get on right side of it. I sold in morning to be sure I got out (OPEC has me pensive) and then took a position later when it “looked like” price action was going to get away on me —-> FOMO is what that is called. Oh well, can’t win them all – haven’t lost it yet – but definitely on wrong side of trade so far and that’s not the edge a trader wants.

So far we’ve play $GOLD and $SILVER right waiting for the inflection trend reverse. The $SPY play I had set properly prior to election has played out exactly as predicted and didn’t really capitalize like I could have so far – but it hasn’t exactly been a face ripper like Brexit or last Jan or last Sept (all of which I caught) – it’s been much more orderly so I’ve spent my energy preparing for the trend reverse.

So hopefully things pick up a bit soon. Of course I know they will. Patience.

 

Announcements in Trading Room:

08:48 am   Curtis M : https://compoundtrading.com/pre-market-newsletter-monday-nov-28-gold-silver-usoil-wti-usdjpy-spy-vix/

Stock Chat-room Trading Transcript:

09:02 am Curtis M : Losers $CRIS, $YY, $VOD, $LOGI, $GPRO, $GRPN, $XIV, $RYAAY, $SBUX, $INTC
09:02 am Curtis M : GAINERS $CTSH, $EBIO, $FNSR, $TNDM, $KNDI, $ARTX, $UGLD, $TVIX, $USLV, $GOLD
09:19 am GSCT . : SPY just lost 9 points
09:20 am GSCT . : TOS issue perhaps
09:34 am Mathew Waterfall : Out of all of my WLL dec9 calls. Still have Jan Monthly’s but wanted to clean up and consolidate a bit before OPEC. Reduce leverage and take wins
09:35 am Mathew Waterfall : .68 from .3 entry on those
09:36 am Curtis M : Didn’t post out $UWTI 20.4 small gain from Fri
09:37 am Curtis M : New 52wk Highs: $CAAS $ESNT $FNSR $KEM $WAIR
09:41 am Curtis M : In Play: $PZRX, $CUBA, $TSL, $DRYS, $HTBX, $TIME, $JNUG, $DGAZ
10:06 am Mathew Waterfall : I’ve been watching the miners close this AM, NUGT and JNUG, super tight trading and can’t get much lift with USDJPY acting like they are. I’m going to sit it out and let a trend develop beore I jump in
10:18 am Curtis M : Long 1200 share $UWTI 20.47 swing account
10:24 am Mathew Waterfall : In NUGT .16. tight trailer to keep losses down I dont trust this move
10:25 am Mathew Waterfall : Out if it can’t clear ON high of .3
10:28 am Mathew Waterfall : Out at .24. Rather play it tight than watch a few dollars profit turn into losses
10:28 am Mathew Waterfall : Now looking at DUST
10:31 am Mathew Waterfall : Also watching FB calls closely. I posted entries into 2 sets last week. Acting well today. 119.8 is a key level to the downside. 123’s to the upside
10:59 am Curtis M : Comments out of Iran Tankng prce of crude
11:22 am Curtis M : Shppers poppng
11:41 am Curtis M : d oil price stays above 200 here on 15 and 100 crosses 50 on 15 then oil up and over resistance
11:51 am Curtis M : Others split in to other room FYI they’ll be back
11:59 am Gurjit H : Final countdown on oil
12:00 pm Curtis M : u can say that again
12:14 pm Mathew Waterfall : Getting some decent scalps in XIV but playing super tight. Action today is tight across the board in most plays if you miss the intial pop
12:25 pm Curtis M : 5 mins
12:29 pm Mathew Waterfall : XIV new HOD
12:29 pm Mathew Waterfall : Im in at .24 with trailing stop
12:30 pm Curtis M : we lost the 200
12:31 pm Curtis M : got it back just
12:33 pm Mathew Waterfall : .05 trailer on the XIV play now. Decent run and want to take some $$$ to the bank instead of losing here
12:35 pm Curtis M : Price has to stay on top of that 200
12:36 pm Mathew Waterfall : out of XIV. .56 from .225. Nice intra win
12:40 pm Curtis M : nice
12:40 pm Curtis M : Taking 10 mins to make tea
12:58 pm Mathew Waterfall : Watcing REN for a squeeze here. 30.12 important support
01:04 pm Mathew Waterfall : In REN @ 30.36 will cut below recent low of .24 if oil struggles
01:15 pm Curtis M : I wonder if those algo lines mean anythng lol geesh
01:16 pm Curtis M : Machines are like we’ll just wait on algo line
01:17 pm Mathew Waterfall : lol
01:25 pm Curtis M : $GLBS halt
01:27 pm Mathew Waterfall : Out of REN. Not getting pop I wanted and moving on to other plays. out at .31
01:34 pm Mathew Waterfall : Quick NUGT play against the 50 on the 1′. Out at 8.44 stop right below recent swing lows
01:40 pm Curtis M : 40 mins to pit close – torturous today
01:40 pm Curtis M : $GLBS 30 day halt
01:43 pm Mathew Waterfall : Yea not great price action for anything on my list
01:43 pm Mathew Waterfall : still eyeing a reentry in REN as it’s making fresh lows lol. Hard knife to catch
02:01 pm Curtis M : $REN HOD $GDX HOD
02:01 pm Curtis M : not $REN lol
02:01 pm Curtis M : $VRX HOD
02:05 pm susan woo : Curtis, silver does look good
02:05 pm susan woo : I recall lyou mention last week that silver algo said 90ish% that this would be a good run back up instead of a dead cat?
02:06 pm Curtis M : Was that by voce or in writing?
02:06 pm susan woo : voice I think
02:07 pm susan woo : yeah, you were talking about being on vacay last Xmas and then segued into silver talk
02:07 pm susan woo : Something like that lol! I had a sick kid at home, so was a bit distracted
02:08 pm Curtis M : hmmm vaca yes 90% no dead cat bounce nope always say wat for back test PRICE TRIGGER TRADE trigger is back test and above last high – that’s the drill
02:09 pm susan woo : ok
02:09 pm Curtis M : I said market looks like last year
02:09 pm susan woo : yes
02:09 pm Curtis M : ran thru charts that look like last year
02:10 pm Curtis M : Thats another rule… history rhymes but t may not repeat
02:10 pm Curtis M : watch the newsletters close – they’re easest cause the trade triggers will be clear – we’re at inflection n everything rght now
02:11 pm susan woo : I find the blog a bit dificult to understand
02:11 pm Curtis M : dont see a trend except ATHs in SPY etc everything else at inflection
02:11 pm susan woo : I;ll re-read
02:11 pm susan woo : thanks
02:11 pm Curtis M : np its all inflection waiting for trends to develop and USD JPY to back off
02:12 pm susan woo : gotcha 🙂
02:13 pm Curtis M : Those are your man trading ranges there
02:15 pm Curtis M : So that white arrow is an example of where most will take a trade based on change in trend
02:16 pm Curtis M : Right white arrow would be trigger for trade
02:33 pm Curtis M : Holding $UWTI may add f pull back far enough to diagonal trendline
02:50 pm Curtis M : OPEC hearing meeting over – waiting for delegates now
02:53 pm Curtis M : Stops wacked there
02:57 pm Mathew Waterfall : Roughh day all over. I’m likely done after trying another swing at XIV and failing
02:57 pm Curtis M : y a tough
03:02 pm Curtis M : $GLBS opens at 335 EST 1.60 5MM private placement ouch
03:11 pm Curtis M : Thats it for me. Will leave room open till 4. Have a great night!!!
03:13 pm Megatrend M : u too!

 

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, OPEC, FOMO, $PZRX, GURU Posts, $GLBS, $UWTI, $USOIL, $WTI, OIL $UWTI, $USOIL, $WTI, OIL

28
Nov 2016

Post Market Friday Nov 25 $NAVB, $JUNO, $JNUG, $SKLN, $UWTI, $USOIL, $WTI, OIL and more.

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

Review of my Chat Room Stock Day Trades and Alerts for Friday Nov 25, 2016. $NAVB, $JUNO, $SKLN, $JNUG, $SKLN, $UWTI, $USOIL, $WTI, OIL 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 (we start sharing videos soon – just one more thing on the to-do list).

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.

Overview Perspective of Chart Room, Trades and Alerts:

Friday was a super calm day. Not a lot to report but there were some important trading lessons.

Primary Lessons That May Help Your Trades:

I took a long trade on $UWTI (yes I know it is delisting). My play is a 6 to 1 risk reward (considering OPEC meetings) that as of writing (3:41 am Monday) my trade is going against me. I may enter again long or cut – I haven’t decided. I entered also thinking I may get a bounce at diagonal trend line (blue) just below my trade (chart below) but it didn’t bounce – but I held thinking I may re-enter another long early in week. Interestingly price did hit one of Epic the Oil Algo’s price targets. Anyway, looks like I’m on wrong side of it so we’ll see.

$JUNO (chart below) I got out of my swing trade for a profit and will watch for a possible re-enter. My pre market blog post will have technicals and what to watch for.

$SKLN – the 200 day got under stock price on the 3 minute AND I MISSED IT! A BIG MISTAKE! And what made it worse is GSCT in the room even alerted us…. ugh. YOU NEVER WANT TO MISS THE 200 Day on the 3 min 5 or 15 getting under price on these wash-outs – huge mistake.

And I completed my video uploads from my $SKLN trade last week – lots of indicator lessons packed in to these videos!

Announcements in Trading Room:

Room Alert: https://compoundtrading.com/pre-market-newsletter-friday-nov-25-gold-silver-usoil-wti-usdjpy-natgas/ Gainers: $NAVB 34%, $CTRP 9%, $IPCI 9%, $CXRX 8%, $DCIX $WPRT $SPEX $GSL $BZQ $JKS $INFY $DRYS $DWTI $GFI $NOK $AZN $AU $UN

Stock Chat-room Trading Transcript:

08:51 am GSCT . : /CL downtrending
08:53 am GSCT . : A rejection of 47.57 anyway
09:13 am Curtis M : http://www.benzinga.com/news/16/11/8738781/20-stocks-moving-in-fridays-pre-market-session?utm_source=dlvr.it&utm_medium=twitter#/null
09:24 am Curtis M : Lkely going to exit $JUNO Swing here soon 3%
09:25 am Mathew Waterfall : Looking at JNUG and NUG T for plays today
09:25 am Curtis M : Gainers: CTRP +10%. CXRX +8%. IPCI +9%. GBR +5%. ESEA +5%.Losers: MTU -6%.
09:35 am Mathew Waterfall : In JNUG 6.69 out new LOD
09:43 am Mathew Waterfall : Playing JNUG close here. Up to 6.85 looking for an exit for a quick pullback and reenter
09:44 am Mathew Waterfall : Out @.81
10:15 am Mathew Waterfall : Back in JNUG at 6.67
10:18 am Mathew Waterfall : Out. damnit
10:30 am Mathew Waterfall : Back in if gold breaks 1185
10:50 am Mathew Waterfall : All my usual suspects are way quiet today. Cleaning up some positions and thinking of reentering a /es short though Im not too excited about shorting a dull market here
10:57 am Mathew Waterfall : Taking off a portion of my CLF Jan 10c’s. .96 fomr .47. Keeping half
11:05 am GSCT . : /NG unreal today and hit 3.10s
11:05 am Curtis M : Loading $UWTI
11:05 am Curtis M : Yes IC
11:11 am Curtis M : Long $UWTI 19.96 1200 shares

$USOIL, $WTI, $UWTI

FX $USOIL $WTI – entered $UWTI trade looking for bounce at diagonal trendline (blue) holding

11:14 am GSCT . : $SKLN breakout
11:46 am Mathew Waterfall : Filled the gap which should be some support here for /cl
11:47 am Mathew Waterfall : Gap was last sunday open gap up
12:30 pm Mathew Waterfall : Gold acting a fool and nothing else exciting. I’m out to the gym before some rivalry college football. Have a good weekend all next week should be fireworks!
12:31 pm Curtis M : ok thanks Mathew
12:31 pm Curtis M : cya
12:37 pm GSCT . : $SKLN popping

$SKLN, 200 Day Moving Average

$SKLN 200 day on the 3 minute got under price last Friday and popped – I missed it.

12:54 pm Curtis M : Out $JUNO 24.925 avg from 22.31 buy

$JUNO Swing Trade

$JUNO Swing Trade closed 3000 shares 22.31 out at 22.945 today live in trading room

01:00 pm Curtis M : Have a great weekend!

Topics: Compound Trading, Trading Lessons, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $NAVB, $JUNO, $JNUG, $SKLN, $UWTI, $USOIL, $WTI, OIL

24
Nov 2016

Post Market Wednesday Nov 23 $JUNO, $ANF, $GOLD, $SILVER, $WTI, OIL and more.

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

Review of my Chat Room Stock Day Trades and Alerts for Wednesday Nov 23, 2016. $JUNO, $ANF, $SKLN, $GOLD, $SILVER, $XIV, $USOIL, $WTI, OIL 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 (we start sharing videos soon – just one more thing on the to-do list).

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.

Overview Perspective of Chart Room, Trades and Alerts:

Kind of an odd day with Thanksgiving Day around the corner today. Market fade was heavy late day. Some small cap low floats were running a bit. Gold and Silver were the big watches for us because the price for both was either just entering the price target zone of our algos or really close.

Primary Lessons That May Help Your Trades:

$ANF Abercrombie trade lessons were two… #1 being most important and that is that 200 day on the 5 – once that 200 on the 5 got under the price it was rocket time (classic snap-back and gap fill). So waiting would have paid dividends. It just gets tough to stay on top of them over days. There is a recent wash-out on $SKLN that I should watch closer for this.

$JUNO Therapeutics was my #2 lesson… waiting for the proper set-up in terms of moving averages would have likely been safer – I’m in this swing 22.31 and it closed at 22.56.

Announcements in Trading Room:

None

Stock Chat-room Trading Transcript:

08:55 am GSCT . : DRYS ESEA moving

09:04 am Curtis Melonopoly : Premarket newsletter https://compoundtrading.com/pre-market-newsletter-wednesday-nov-23-lli-juno-ibb-labu-labd-axon-skln-usoil-wti-natgas/
09:06 am Curtis Melonopoly : Gainers: $REXX 19%, $DE 12%, $LABD 7%, $ZBIO $TXMD $AVXL $VEEV $JDST $CNHI $MRNS $GME $OPTT
09:09 am Curtis M : Mornin!
09:12 am GSCT . : Your call on /GC coming into play here
09:12 am GSCT . : Heading to your target
09:13 am Curtis Melonopoly : nice
09:14 am Curtis Melonopoly : Anyone have audio on that can check my mic volume?
09:14 am GSCT . : Could be a bit louder
09:14 am Dave D : Sounds ok
09:20 am GSCT . : Ticker more visiible on your chart. Thank you.
09:23 am Curtis M : Looks like a good day.
09:23 am Curtis M : Your welcome.
09:26 am Curtis M : Open on deck
09:28 am Curtis M : $AVXL $DRYS $MNKD $SINO $DGLD $SHIP $GLBS
09:29 am mathew w : Still monitoring my /es short
09:29 am mathew w : trimming positions today overall most likely before tomorrows break
09:31 am Curtis M : $MDGS +58%
09:32 am Curtis M : $ESEA +36%
09:32 am GSCT . : SKLN off lows
09:39 am Curtis M : $SINO 19%
09:40 am Curtis M : $DCIX 13%
09:41 am Curtis M : $SHIP 8%
09:42 am Curtis M : $ESEA Looking for 3.75 then 4
09:50 am Curtis M : $RLOG watching tape on bids
10:01 am Curtis M : $GOLD algo targets 1163 – 1167
10:01 am GSCT . : Ignore the Twitter trolls
10:02 am GSCT . : What’s the time frame on Gold /GC algo?
10:02 am GSCT . : SKLN some momo
10:09 am mathew w : Adding a few UCO calls. Stalking NE and WLL though Im still deep in the money in WLL and NE at this point. likely roll up and out
10:10 am susan woo : Curtis, why wouldn’t you wait until AFTER Yellen this afternoon before touching gold/silver?
10:10 am susan woo : Just curious
10:10 am mathew w : also closing out of DUST calls. Had weely 57s that exploded up ON
10:10 am mathew w : *weekly
10:12 am susan woo : Gotcha, thanks Curtis
10:14 am GSCT . : /GC new LOD
10:15 am mathew w : Like lol
10:18 am mathew w : Totally out of DUST calls. Might regret that but easy money
10:18 am mathew w : yea
10:18 am mathew w : dude is a GDX bull all day
10:18 am mathew w : Smart guy for sure
10:22 am mathew w : In some CLF jan 10 calls. Rolling up and out basically after closing a big portion of my Dec 8’s yesterday
10:22 am mathew w : Lots of flow in this name, lots of sweepers all week
10:24 am susan woo : I love your Canadian accent. Sounds like mine lol!
10:28 am GSCT . : SKLN may be reversing here
10:30 am GSCT . : Gold lower still
10:36 am GSCT . : Gold algo hit may happen today!
10:40 am mathew w : Oil has been a tough ride this AM. Small scalps but I’m gonna take a break and let it even out a bit I think. Back in 30
10:41 am mathew w : Big resistance at 8.3 area
10:57 am Curtis M : Watching $JUNO for snap back, $GOLD getting close to algo PT, $SILVER in algo $PT high range $USD/JPY, $SINO

11:01 am Curtis M : Long $JUNO for second attempt 22.31 3000 shares 

$JUNO stock

$JUNO Therapeutics 5 minute stock chart

juno-therapeutics-5-minute-stock-chart

11:03 am Curtis M : Out $ANF 3000 shares swing 15.57 14.96 buy here https://compoundtrading.com/stock-trading-results-green-portfolio-day-post-market-fri-nov-18-anf-wash-trch/

$ANF Stock trade

$ANF Stock Trade on Wash-out – Abercrombie

11:06 am GSCT . : SKLN flirting with the 20
11:19 am Curtis M : Low float Shippers Bio Drillers
11:19 am Mathew Waterfall : wanting a 20 touch on the 1′ to reenter /cl here
11:19 am Mathew Waterfall : being cautious after this am’s moves
11:20 am Mathew Waterfall : And that’s why lol
11:28 am susan woo : Curtis, this signal you have for gold/silver, is it as strong as the algo trigger you got before the January lows, right before gold/silver ran big?
11:30 am susan woo : thanks
11:36 am GSCT . : /GC rallying back
11:37 am Curtis M : back in 20
11:43 am GSCT . : Stalking SKLN on IBB XBI possible pivot
11:52 am Mathew Waterfall : CLF calls working. May add to CHK here depending on OIL. Still bouncing around making me earn my money on the /cl trade today
11:54 am Mathew Waterfall : And I know im a broken record on this but WLL is still seeing a ton of buying. I will likely take jan calls shortly. Out 2/3rds of my Dec calls for a 3/4 bagger
11:57 am Mathew Waterfall : In WLL jan 11.5c’s at .57 to add to me dec2 10’s
11:57 am Curtis M : Thanks for posting your trades Mathew
11:59 am Mathew Waterfall : No problem. I’m also open to share. I don’t post every little trade I do as I’m in/out of some futures pretty quickly at times like this AM with /cl
11:59 am Mathew Waterfall : Also closed my /es short this AM. Looking to reopen that but the action off of the open seemed bullish and it was even if I covered at 2195 instead of 2198 where we are now
11:59 am Mathew Waterfall : *always open to share
12:01 pm GSCT . : SKLN volume
12:03 pm GSCT . : Top of the hour
12:06 pm GSCT . : Natty Gas new highs
12:06 pm GSCT . : /NG broke 3
12:06 pm GSCT . : Curtis what was you buy signal # on that again?
12:09 pm GSCT . : It’s owned my trading
12:09 pm GSCT . : Avoiding for now
12:09 pm GSCT . : SKLN going here
12:12 pm GSCT . : Not going perse but some bump
12:14 pm Mathew Waterfall : Rolling more dec8 to jan 10’s in CLF for me. Taking profits and taking a bit of risk off of the table
12:15 pm Mathew Waterfall : Those went from .42 buy to 1.18 so solid win
12:18 pm Mathew Waterfall : Using that cash for some lottos. FCX Dec2 18’s for more squeeze. Will have to be out of these buy mid next week
12:23 pm Mathew Waterfall : And Holy SH*t. 11000+ CLF Feb calls just BTO it looks like. Damn!
12:31 pm Mathew Waterfall : Out the rest of me NE Dec2 5.5. .57 from .21. Taking off risk and moving out
12:41 pm GSCT . : I can barely hear you. I got it ful volume.
12:41 pm GSCT . : full
12:45 pm Curtis M : Sorry I think I need to switch headsets
12:46 pm Curtis M : As soon as I get a break I’ll swtch headsets
12:46 pm GSCT . : Thanks boss.
12:49 pm Curtis M : can smell coffee gonna go get a refill
12:56 pm Curtis M : Rebooting headset so Ill be back
12:56 pm Mathew Waterfall : Took a small started in USLV at 12.9. Front running this trend a bit so starting small
12:59 pm GSCT . : Thank you.
01:00 pm GSCT . : SKLN slow and steady
01:09 pm Curtis M : $ESEA + 53% SINO +39% SPEX + 27% GLBS +19.43 %
01:27 pm Curtis M : $DRYS action intense
01:27 pm Curtis M : $GOLD and $SILVER at tipping point… could get fun soon
01:28 pm GSCT . : Thoughts on DRYS here Curtis
01:30 pm Mathew Waterfall : Rolled the rest of my CLF Dec16 8’s to Dec23 10s. Thing is a monster. Targeting 11’s short term
01:31 pm Mathew Waterfall : I got a .93 credit for that move BTW so taking some profits
01:31 pm Mathew Waterfall : Sorry .96 credit
01:31 pm Curtis M : nice
01:33 pm GSCT . : Missed it. Even 6.50 to 6.85 worked
01:34 pm Curtis Melonopoly : Resetting charts
01:40 pm Mathew Waterfall : In some JNUG. Looking for 6.8. Out under 6.40ish recent swing low
01:42 pm Mathew Waterfall : 6.6 needs to break for more to the upside. May add more over that if we get there
01:53 pm Curtis M : This is all lke a replay of this time last year – spooky almost
01:55 pm GSCT . : Good to know.
01:56 pm GSCT . : TVIX rmaped in early January
01:56 pm GSCT . : ramped
01:57 pm Curtis M : January was my best month this year and Brexit 2nd
01:57 pm Curtis M : Markets quiet right now
01:57 pm Curtis M : running scans but quiet
01:57 pm GSCT . : DId you play TVIX on Brexit?
01:58 pm GSCT . : FOMC in 2 min
02:02 pm Curtis M : FOMC Rate Hike Could Happen in Dec
02:03 pm GSCT . : Priced in to Gold’s move today maybe already
02:08 pm Mathew Waterfall : Out of JNUG for pennies overall. Will reenter if it can find footing over posted level
02:26 pm Curtis M : Very quiet
02:31 pm GSCT . : 0Do you have a link to access the room from an iPad. I’ve tried logging on 3x and it says ‘organizer has ended your session’.
02:31 pm Curtis M : interesting
02:31 pm Curtis M : Ill message Sartaj
02:32 pm GSCT . : The mobile version is awful btw.
02:32 pm Curtis M : ya i know
02:32 pm Curtis M : shopping
02:33 pm GSCT . : Good to know.
02:35 pm Mathew Waterfall : I may go take a nap or something. Not much on my board to play here into EOD
02:35 pm Sartaj Hundal : GCST: Try to rejoin the room on your iPad
02:36 pm Curtis M : Naps r awesome lol
02:36 pm GSCT . : Same result
02:36 pm GSCT . : Can you post a link I can try Sartaj?
02:42 pm GSCT . : Never mind. I’ve tried all possible links
02:43 pm Mathew Waterfall : Seeing if I can get a pop in XIV as they push SPY back green
02:43 pm Mathew Waterfall : Boredom trade
02:45 pm Curtis M : ya m catching up on work until a scanner pops
02:45 pm Curtis M : if one pops
02:48 pm Mathew Waterfall : /ES rejecting at 2201. Out shortly of my XIV trade ~.12 share so not much there unless another pop
02:53 pm Mathew Waterfall : Out of that trade for anyone wonder. Adding some FB Dec 125 calls as well. Still looking for a gap fill in next 2-3 weeks
02:53 pm Curtis M : $NAVB Halt news
02:55 pm GSCT . : SKLN maybe
02:55 pm GSCT . : A lot of selling this last candle though
02:57 pm GSCT . : SKLN VWAP pop
03:14 pm GSCT . : NTNX running
03:17 pm Curtis M : nice move
03:18 pm GSCT . : Mossed the meat of it
03:18 pm GSCT . : Feels late now
03:19 pm Curtis M : squeeze so who knows
03:22 pm GSCT . : NAVB our of halt
03:22 pm Curtis M : thx lol was in algo land
03:23 pm Jorge F : What is NAVB news?
03:23 pm GSCT . : I can Google it for you
03:23 pm GSCT . : DRYS perky
03:25 pm Curtis M : $NAVB News https://twitter.com/curtmelonopoly/status/801521806590910464
03:29 pm Mathew Waterfall : SN Jan 10’s. Bit of a stretch buy they’re cheap. Needs OIL to remain strong and they will pay nicely. Nice R/R
03:30 pm Mathew Waterfall : 6.6 is a big level for CHK #captainobvious
03:31 pm Curtis M : $CHK interesting but Im staying out
03:32 pm Mathew Waterfall : Good call. I looked at adding more this AM and didn’t. I’m already in Dec2 6.5c’s so I’ll stick in those in to next week. Positive for me so I’m in no hurry to add more
03:38 pm GSCT . : Friday could be wacky
03:51 pm susan woo : So, how does in look in gold/silver land? Still waiiting for more algo confirmation?
03:53 pm susan woo : Yeah, that’s why I got a bit confused re: your technique
03:53 pm susan woo : No problem
03:53 pm susan woo : Thanks for explaining
03:53 pm susan woo : Ewave guys saying it could go lower too
03:54 pm susan woo : I’m not into ewave
03:54 pm GSCT . : LABU what a day
03:59 pm GSCT . : Me neither
03:59 pm Mathew Waterfall : Have a great turkey day all. Will likely be around Friday if the room is open. Not holding any futures into this break, I’m way too cautious
04:00 pm GSCT . : Thanks Curtis
04:00 pm Curtis M : No problem your welcome enjoy!

Topics: Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $JUNO, $ANF, $SKLN, $UCO, $XIV, $USD/JPY, $USOIL, $WTI, OIL

23
Nov 2016

Post Market Tuesday Nov 22 $SKLN, $UCO, $XIV, $USOIL, $WTI, OIL and more.

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

Review of my Chat Room Stock Day Trades / Alerts for Tuesday Nov 22, 2016.  $SKLN, $UCO, $XIV, $USOIL, $WTI, OIL 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 (we start sharing videos soon – just one more thing on the to-do list).

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.

Overview Perspective of Chart Room, Trades and Alerts:

Well, today was the first day I slept in since high school… well maybe not quite that far back. I hadn’t reset my alarm for the new time zone (so I lost 2 hours lol). And worse yet, I missed a crazy good open. But we got in to the swing and had a great day.

Primary Lessons That May Help Your Trades:

The $SKLN trade I took later in the day for a snap-back after the wash-out literally has fifty lessons in it. It was about an hour and a half trade that we recorded the audio and video trade room screen share with charting. So we have started to break up the video in to ten to twelve smaller videos detailing all the indicators, psychology and technicals involved in the trade. I am hoping to have these videos ready for Thursday night. Tonight we are working on publishing the algorithm updates – so depending on how long those take will depend on how long the videos take to come out – but they are, if I may say so gold for learning traders… a really, really technical trade with lots of commentary on the minute as the trade progressed.

The other trades on the day were textbook scalps. The one main lesson (because I was on top of the momentum stocks – late, but on top of it once in room) – the main lesson beyond the $SKLN lesson filled trade was the $USOIL $WTI wash-out on OPEC news before pit close – but that lesson also is on (included as a part) of the $SKLN trade because that was happening at the same time in the trading room today.

Announcements in Trading Room:

None

Stock Chat-room Trading Transcript:

10:09 am Curtis Melonopoly : Forgive me… my alarm on cell phone ws set to Panama time – I am two hours behind this morning! Geesh.
10:12 am susan woo : I’m in LABU swing
10:14 am Mathew Waterfall : Missed out on some good price action in oil
10:15 am Curtis M : ya embarrasing…geesh
10:16 am Curtis M : I’ll take a few mins and get screens done here
10:17 am GSCT . : You’re still in Beta! This is allowed.
10:18 am GSCT . : This is
10:18 am Curtis M : lol
10:19 am Curtis M : grabbing coffee back in 10 for biggest week in my life in market – revenge trading!
10:19 am Mathew Waterfall : Out a chunk of my WLL calls today and likely trimming up NE calls as well
10:19 am Mathew Waterfall : WLL was .30 to .725
10:21 am GSCT . : Gold sliding hard
10:22 am Curtis M : wow
10:22 am Curtis M : Active morning
10:23 am Mathew Waterfall : Im gonna give this market some time to shake out before taking any more trades I think
10:23 am Mathew Waterfall : Need to see what kind of range we’re working with to be able to snipe any plays
10:26 am David Glenn : Morning!
10:30 am Curtis M : Many ranges today to work with
10:30 am Curtis M : scans will be ready in 5 mins
10:42 am Curtis M : $USD/JPY huge deflation issue $GOLD
10:43 am Curtis M : BTW All algo updates out tonight for all 6.
10:44 am Curtis M : Looking for bottom of range in creude for an entry.
10:51 am GSCT . : Holiday week though.
10:51 am GSCT . : Thanksgiving.
10:55 am GSCT . : Markets closing 1pm Friday.
10:57 am GSCT . : The red dotted one?
10:57 am GSCT . : Dashed
10:58 am GSCT . : That’s a busy chart.
11:23 am Mathew Waterfall : Long UWTI 21.3
11:24 am Curtis M : Long $UCO 9.77 200 share tight stop
11:31 am Curtis M : Out $UCO 9.67 loss looking fo re-entry
11:56 am Mathew Waterfall : ouch
11:56 am Mathew Waterfall : sold at 21.04
11:56 am Mathew Waterfall : yikes
11:56 am Mathew Waterfall : that was super weird
12:14 pm Mathew Waterfall : Just a heads up, on this move I got some really weird stuff from UWTI
12:15 pm Mathew Waterfall : Orders not getting filled or delayed
12:15 pm Mathew Waterfall : liquidity seems to be drying up
12:20 pm Sartaj Hundal : We are performing more fault tolerance and load testing today. Currently splitting users into sub-rooms. Broadcasting will not be interrupted.
12:22 pm OIL K K : Watching Oli Close now… this may be bottom for a while $USOIL $WTI
12:30 pm Deb Clarin : Thank you
12:38 pm Dean P : .
12:40 pm David C : OIL LOD approaching
12:51 pm Mathew Waterfall : In UCO 9.6
12:56 pm Curtis Melonopoly : Long $XIV 43.28
01:03 pm Curtis Melonopoly : Sorry 800 shares
01:35 pm Mathew Waterfall : out of uco
01:35 pm Mathew Waterfall : looking for retest on 10/20 on 1′
01:37 pm Mathew Waterfall : Or clear and hold of 200
01:37 pm Curtis Melonopoly : Out $XIV 43.43
01:48 pm Curtis Melonopoly : Long $SKLN 4.77 3000 shares
01:49 pm Mathew Waterfall : oil getting nasty
02:05 pm Curtis Melonopoly : Out $SKLN 4.54 loss
02:11 pm Curtis Melonopoly : $SKLN Long 4.81 2000 shares
02:16 pm GSCT . : SCON similar set up right now
02:21 pm Curtis Melonopoly : $SKLN out 4.90 looking for reenter
02:28 pm Mathew Waterfall : Im all out of my oil position. Don’t want to hold ON
02:30 pm Mathew Waterfall : I have a few in and outs
02:30 pm Mathew Waterfall : UCO originally was 9.6. Just sold when oil was at 48
02:30 pm Mathew Waterfall : Also traded straight /cl contracts
02:31 pm Mathew Waterfall : I trade off of the /cl price more than the price of the other instraments
02:31 pm GSCT . : You were Tweeting in your sleep.
02:33 pm GSCT . : 🙂
02:34 pm GSCT . : LOL
02:40 pm GSCT . : REN what a pop
02:42 pm GSCT . : Oil rocking now
02:46 pm GSCT . : Gold going south
02:47 pm Curtis Melonopoly : LOng $SKLN 2000 4.82 late alert
02:59 pm GSCT . : This is awesome.
02:59 pm GSCT . : 5000 SKLN Long for Curtis
03:00 pm GSCT . : at 5.12
03:05 pm Curtis Melonopoly : OUt $SKLN 5000 5.11 and 2000 5.09
03:08 pm GSCT . : Great play by play though
03:08 pm GSCT . : WIll that be a regular feature of the room?
03:10 pm GSCT . : Will you all be on mic?
03:15 pm GSCT . : High relative volume now SKLN
03:17 pm Mathew Waterfall : Taking some FB calls here Dec 9 126s for the gap fill
03:17 pm Mathew Waterfall : Decent consolidation today
03:18 pm GSCT . : You don’t sound old enough for retirement
03:19 pm Mathew Waterfall : Also reloading FH commons right here for a trip back to the 3s
03:21 pm Mathew Waterfall : Also looking at DUST weeklies for this week and next
03:24 pm Mathew Waterfall : I’m liking the low float bios here as well. In TKAI and ADHD
03:27 pm Mathew Waterfall : Short /ES. Think we see lower before we blast off higher. Nothing crazy but want to be ready for it
03:27 pm Mathew Waterfall : And that’s it for my end of day position dump lol
03:27 pm Mathew Waterfall : Yepp
03:27 pm Mathew Waterfall : likely to take TZA calls as well
03:28 pm Mathew Waterfall : probably cheap weekly lottos
03:29 pm Mathew Waterfall : I think oil can move higher, but these outsized moves in names like X and AKS need to take a breather
03:45 pm GSCT . : What was the tell on the washout? So late?
03:45 pm GSCT . : SKLN
03:55 pm GSCT . : And waht originally caught youtr atention to enter it?
03:55 pm GSCT . : what originally
03:58 pm GSCT . : Thanks.
04:00 pm Curtis Melonopoly : Have a great night! Big morning on deck. Algos tonight come out.

 

Topics: Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $SKLN, $UCO, $XIV, $USF/JPY, $USOIL, $WTI, OIL

23
Nov 2016

Stock Trading Results (Green Portfolio Day) Post Market Monday Nov 21 $REN, $XIV, $UCO, $UWTI and more.

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

Review of my Chat Room Stock Day Trades / Alerts for Monday Nov 21, 2016. $REN, $XIV, $UCO, $UWTI 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 (we start sharing videos soon – just one more thing on the to-do list).

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.

Overview Perspective of Chart Room, Trades and Alerts:

Monday was a textbook tight trading day with the market showing signs of perculating (which Tuesday morning transpired). So Monday I was tight with my scalps and ran text-book scalp trades in $XIV, $REN and $UCO – went well.

Primary lessons I learned that may help your trades…

Monday actually was tight so there wasn’t any big lessons to learn… Tuesday however is a different story. I have an hour and a half video I am doing from the trading room (in edits now) of a trade I was in on the afternoon wash-out and snap-back on $SKLN that worked out well. Lots of technical details in that trade – look forward to posting the series of videos (about ten shorter length videos breaking up all the indicators and technicals I was working with).

Announcements in Trading Room:

None

 

Stock Chat-room Trading Transcript:

09:12 am Curtis M : Premarket Gainers $SPU, $TNDM, $DCIX, $EGLE, $AMCC, $MAGS, $SAEX, $YY, $OCUL, $WB
09:12 am Curtis M : Premarket decliners $TRVN, $PPC, $HALO, $CEMP, $SAFM, $CETV, $CXRX, $TVIX, $CSIQ, $VIIX
09:16 am Curtis M : First day back 18 hours in airport and flights so no premarket newsletter this morning..
09:16 am Curtis M : Watching $GOLD $SILVER $USOIL $NATGAS too
09:17 am Curtis M : Algo work will on all charts released over next 24 hours.
09:22 am Curtis M : DryShips Inc. Announces Agreement With One of Its Lenders http://www.marketwired.com/press-release/-2177368.htm … $DRYS
09:22 am Curtis M : SolarCity shares halted premarket pending additional information request from Nasdaq http://bit.ly/2gBHX4M
09:25 am GSCT . : Can you turn up the volume on your mic?
09:29 am Curtis M : $SPU $EYEG $COOL
09:30 am Curtis M : $USOIL $WTI 47.85 on back test – to confirm algo break-out
09:35 am Curtis M : BREAKING: Sunoco Logistics to acquire Energy Transfer Partners, the company behind the Dakota Access pipeline. $SXL $ETP
09:37 am Curtis M : $RIG $NE $SN Active
09:45 am Curtis M : China lowfloats $CHNR 61%
09:49 am Curtis M : $ORIG $CRC momo
09:49 am Curtis M : Offshore rigs likely run soon
09:50 am Curtis M : Watching 47.80 break-out in oil
09:50 am GSCT . : Great alerts this morning Curtis
09:55 am Curtis M : $AUDUSD proxy Silver
09:56 am Curtis M : $USDJPY proxy $GOLD Miners
09:59 am Curtis M : Scanning – back in a few mins
09:59 am Curtis M : Thanks GSCT!
10:01 am Curtis M : So small cap oil plays I will look at the day after a confirmed break-out over trendline resistance cluster 47.80 on intra FX $USOIL $WTI
10:03 am Curtis M : “The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street”
10:07 am Curtis M : Looking for 47.10 – 47.20 entry on $UCO from oil price $USOL $WTI
10:08 am Curtis M : $ORIG $CRC $HK $TK $PBR-A $EVEP $NADL on the move
10:19 am Curtis M : $CRC $ORIG $UC are my main watches… watching $GOLD $GDX $USDJPY and $SILVER $AUDUSD
10:25 am Curtis M : High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY.
10:28 am Curtis M : They’re going to squeeze oil shorts soon over that resistance at 47.80 on FX $USO $WTI – its just a matter of having a plan ready for tt.
10:29 am Mathew Waterfall : Like you I’ve been trying to be patient today. Took a couple stabs long /cl for small gains
10:30 am Mathew Waterfall : Also like CHK here with some calls, and still love WLL though trimmed a few this AM with that gap up
10:35 am susan woo : That JNUG’s going
10:35 am Curtis M : waiting on back test 47.80 patience looking at long $UCO
10:36 am Mathew Waterfall : there we g
10:36 am Mathew Waterfall : o
10:36 am GSCT . : Nice.
10:36 am GSCT . : Jetlag.
10:57 am GSCT . : It can pay 6 mos. in … 3 weeks of a move are you saying?
11:02 am GSCT . : Thank you!
11:16 am Curtis M : Going for morning coffee need 10 mins to regroup and get orders ready for afternoon session
11:21 am GSCT . : Amazing alert on REN.
11:23 am Curtis M : Long $REN 34.05 800 shares small account

$REN

$REN Alert to room for snipe trades on Monday Nov 23

$REN Alert to room for snipe trades on Monday Nov 23
11:29 am Mathew Waterfall : Thanks for the alert on that! PLayed in-out twice
11:30 am Mathew Waterfall : Paid for 6 months of your sub at least. I can’t afford not to be in the room lol
11:31 am Curtis M : Nice Mathew! lol good man
11:38 am Curtis M : Long $REN 34.43
11:40 am Curtis M : Out 34.615 $REN
11:56 am Mathew Waterfall : Seeing some call buying in UCO a few weeks out
11:56 am Mathew Waterfall : Decent size bets
12:12 pm Curtis M : Now we’re just wating for time of day on $USOIL $WTI for long positions – we may even get a bit of a wash-out with ol up 5.6% #OIL
12:26 pm Roy Kirk : what time of day are you referring to
12:27 pm Curtis M : Long $UCO 9.97 1000 shares small account in prep for afternoon waiting on $REN bulls
12:35 pm Curtis M : Holding $UCO for EOD and may take a small cap before pt close
12:39 pm Curtis M : FX $USOIL $WTI gets up over 48.38 and it’s rocket ride time
12:47 pm GSCT . : Odds of an intraday pullback oil? Stallking DWTI.
12:49 pm GSCT . : Fibre? My busiding was just hooled up.
12:49 pm GSCT . : building
12:50 pm Mathew Waterfall : Also have SPY on our side here so the overall market to move
12:51 pm GSCT . : hooked. Sorry for typos.
12:53 pm GSCT . : Downdraft unlikely?
12:56 pm GSCT . : I could see ti test the 200
12:56 pm GSCT . : it
01:06 pm Curtis M : Out $UCO 10.01 small win looking for reenter
01:10 pm GSCT . : What a move
01:20 pm Mathew Waterfall : WLL still seeing a ton of flow. Longer term play it looks like but solid so far
01:20 pm susan woo : Curtis, do you know ERF?
01:22 pm GSCT . : Very cool.
01:23 pm susan woo : EEF a great chart
01:24 pm susan woo : ERF I mean. Sorry fat fingers
01:24 pm susan woo : ERF I just played the swings, but missed this latest swing
01:25 pm susan woo : Also kept in mind that insiders bought around 3ish or something like that
01:25 pm Curtis M : ok
01:27 pm susan woo : Your charts look like Kankinsky gone amok:)
01:28 pm susan woo : Kandinsky
01:31 pm susan woo : CHK strong too
01:32 pm GSCT . : /NG feels highly manipulated
01:52 pm Mathew Waterfall : yepp Ive been trading it all day along with REN
01:52 pm Mathew Waterfall : popping right now
01:56 pm Curtis M : Mathew when you take orders in and out post em
01:56 pm Mathew Waterfall : OK
01:56 pm Curtis M : u guys all should
01:57 pm Mathew Waterfall : I’m likely done for the day. Good day and find I push too hard when up but if I take any more I’ll pot
01:57 pm Mathew Waterfall : If anyone wants the options side I can detials those more as well over and above what I already post
01:58 pm Curtis M : yes pls
01:58 pm GSCT . : Would like that Matthew
01:58 pm Curtis M : Mathew… you trade like I did when I was younger – aggressive
01:59 pm Mathew Waterfall : haha that’s a life theme for me
01:59 pm Mathew Waterfall : I
01:59 pm Mathew Waterfall : I’ll post new opening options plays and give a run down of my positons after the bell for anyone interested
01:59 pm Curtis M : thx
01:59 pm Mathew Waterfall : Here I think we actually see some profit taking which is what has me sitting on my hands
02:00 pm Mathew Waterfall : Poor lift on big volume means tons of sellers
02:01 pm Mathew Waterfall : I’ll take a stab at UWTI when the 20 crosses the 50 on the 1′. It will have a tight leashh
02:03 pm Mathew Waterfall : Bearish crosses on 1′ and bigger sell inventory. No trade for now
02:08 pm Curtis M : Low float stocks mving one after another FYI
02:08 pm Curtis M : I’m not in them
02:08 pm Mathew Waterfall : TKAI popping finally lol
02:09 pm Mathew Waterfall : picked that POS up in the .80s
02:10 pm GSCT . : Feels like a drop in oil here
02:10 pm Curtis M : $NSPR $CBMX $PZRX etc
02:10 pm GSCT . : Test 200 for sure
02:10 pm GSCT . : Just a gut feel
02:10 pm GSCT . : And some indicators too
02:11 pm Mathew Waterfall : In UWTI for a bounce
02:12 pm Mathew Waterfall : wrong under that recent low
02:12 pm GSCT . : Maybe drop and pit close pop
02:13 pm Mathew Waterfall : Out flat. Done for the day I think in OIL
02:13 pm GSCT . : 200 feels like it’s made of balsa wood
02:14 pm GSCT . : .75 on DWTI
02:15 pm GSCT . : Did not trrade but monitorred
02:16 pm Mathew Waterfall : Quick run down for those interested. I currently hold calls in: CHK, CLF, NE, PBR, UCO, WLL, XOM
02:16 pm Mathew Waterfall : I hold others but those are the energy related names
02:18 pm Curtis M : thx
02:19 pm GSCT . : I’m going to miss U/DWTI
02:22 pm Curtis M : $BAS large order flow
02:24 pm GSCT . : /CL can not hold
02:25 pm GSCT . : And now it can
02:26 pm GSCT . : There she goes
02:27 pm GSCT . : USO your preferred Oil play?
02:28 pm GSCT . : Tenuous here.
02:38 pm Mathew Waterfall : Maybe I missed it but it looks like BAS went chapter 11 and might get delisted. At least that was the fear
02:48 pm Curtis M : Long $XIV 43.41 800 swing acct
02:57 pm Curtis M : $XIV out 43.63
03:03 pm Mathew Waterfall : Late in day and holiday week. I would expect volume to be a bit light all week
03:07 pm Curtis M : Long $XIV 43.66 800 swing account
03:12 pm Curtis M : Out $XIV 43.75 didn’t get pop I wanted
03:26 pm GSCT . : Would love if you said what you’re looking at as I can’t always have your screen up.
03:26 pm GSCT . : Thanks.
03:26 pm GSCT . : LEt me know if I can help.
03:27 pm GSCT . : I soemtimes just have your audio going as I monitor.
03:27 pm GSCT . : You ahve a great voice for this btw.
03:33 pm Curtis M : ok
03:33 pm Curtis M : will do
03:41 pm GSCT . : Great calls and commentary today Curtis. Thank you.
03:41 pm Curtis M : Thanks for the great day!

Topics: Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $REN, $XIV, $UCO, $UWTI

23
Nov 2016

Post Market Fri Nov 18 $ANF Wash-Out, $TRCH and more.

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

Review of my Chat Room Stock Day Trades / Alerts for Friday Nov 18, 2016. $ANF Abercrombie wash-out, $TRCH 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 (we start sharing videos soon – just one more thing on the to-do list).

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.

Overview Perspective of Chart Room, Trades and Alerts:

Friday was a really mellow day for me. Took two trades, one for a smal intra-day scalp and a swing on the downdraft in Abercrombie $ANF that is at time of writing three market days later going well. A favorite set-up of mine.

Primary lessons I learned that may help your trades…

$TRCH was a momo stock that I took a scalp on that didn’t do much. And Abercrombie $ANF set-up is a simple one that I take over and over again in my swing account – morning wash-out on news with an institutional owned scenario and wham! The shippers I could have played and in hindsight didn’t – that’s the main lesson.

Announcements in Trading Room:

07:50 am Curtis Melonopoly : $DRYS 23%25, $SYUT 23%25, $DCIX 18%25, $OGXI 16%25, $SINO 15%25, $CBMX $ESEA $MRVL $URRE $PIP $FCEL $CRM $SCON $GLBS $ULTI

07:52 am Curtis Melonopoly : Friday Premarket Newsletter Updated https://compoundtrading.com/pre-market-newsletter-wednesday-nov-16-gold-silver-usdjpy-iwm-rwm-faz-usoil-gdx/

07:53 am Curtis Melonopoly : $DRYS 23%25, $SYUT 23%25, $DCIX 18%25, $OGXI 16%25, $SINO 15%25, $CBMX $ESEA $MRVL $URRE $PIP $FCEL $CRM $SCON $GLBS $ULTI

 

Stock Chatroom Trading Transcript
09:01 am Curtis Melonopoly : Decliners $SYUT 23%, $SMRT 16%, $DCIX 14%, $URRE 12%, $MRVL 11%, $DRYS $PIP $SHIP $FCEL $ESEA $SINO $GLBS $CRM $CBMX $UGAZ
09:02 am Curtis Melonopoly : oops gainers lol
09:03 am Curtis M : Decliners $HIBB, $KTOS, $GOLD, $FSLR, $AMAT, $PAAS, $SSRI, $RYAAY, $MU, $UGLD
09:23 am Curtis M : Watching $NATGAS $SILVER Near algo price target $GOLD Near algo price target $USOIL
09:24 am Curtis M : I think i will stay out of morning momos we will see
09:26 am Curtis M : Gainers: EYEG +28%. SYUT +22%. DCIX +13%. DRYS +13%. SINO +11%. SHIP +9%. MRVL +8%. NUAN +7%. URRE +7%. PIP +8%. CRM +6%. ESEA +5%. GLBS +5%. FCEL +5%.
09:26 am Curtis M : APRI -25%. ANF -12%. SCON -9%. KTOS -8%. RLOG -8%. GPS -8%. NEWM -7%. EMES -5%. VRTV -5%. RGC -6%. ON -4%.
09:28 am Mathew Waterfall : What do you think about the UWTI delisting? Makes trading oil a bit tougher if you don’t do futures
09:29 am Curtis M : morning newsletter
09:29 am Curtis M : lots of ways to trade oil
09:34 am Curtis M : $SGNL halt
09:35 am Curtis M : Hey Mathew as far as oil Ill update before Monday
09:36 am Mathew Waterfall : I was just curious to your thoughts on that. No rush
09:44 am Mathew Waterfall : games games games
09:44 am Curtis M : no prob mathew
09:45 am GSCT . : UWTI delisting? Had not heard.
09:46 am GSCT . : Sounds good.
09:47 am Mathew Waterfall : options contracts get you a ton of leverage anyway. Each contract is $10 per cent move in the /cl price
09:47 am Mathew Waterfall : that sounds right
09:48 am GSCT . : GUSH and DRIP
09:54 am Curtis M : mathew what are you in today
09:55 am Mathew Waterfall : I’m just kind of sitting on my hands. Opened a new position in X with calls. Trimmed a large amount of the FH I picked up yesterday
09:55 am Mathew Waterfall : Watching and waiting on most everything else
09:56 am Mathew Waterfall : May add to XOP and XOM positions
09:56 am Mathew Waterfall : Waiting to see what oil and silver do. I like silver over gold right here as I think it will play catch up if gold heads north
09:56 am Curtis M : inflection everywhere except specific equities
09:58 am Mathew Waterfall : yea. It really seems like people have been buyig just to buy and are now set to take a small breather
09:58 am Mathew Waterfall : Also watching AMD with small pos, PYPL, MU, CLF
09:58 am Mathew Waterfall : those are all longer term swings that I’m alredy in
10:03 am Mathew Waterfall : Ive been saying that all week that the USD would pull back a bit soon lol it’s in crazy mode right now
10:07 am Mathew Waterfall : CRMD getting some chatter to
10:07 am Mathew Waterfall : Some of those low float bios went straight up yesterday
10:08 am Mathew Waterfall : IE CYCC yesterday. crazy
10:28 am Curtis M : long 3000 $ANF swing

Because I am publishing this now… I can post how this is going 3 market days later…

$ANF, Trade

$ANF Swing Trade trading at 15.49 Tuesday Nov 22, 2016 – entered at 14.96 3000 shares last Friday.

10:28 am Curtis M : 14.96 avg

So this $ANF swing is one of my favorite set-ups – give me a morning wash-out on earnings or whatever the reason (the less valid the better – like the recent $HTZ trade we did in the room) that institutional investors own and I’ll scoop the bottom every-time!

10:32 am Curtis M : http://www.nasdaq.com/symbol/anf/institutional-holdings
10:51 am Curtis M : I have an early luncheon here in Panama to prep folks before i Leave for a few weeks so I am going to go do that and be back inside and hour – not a lot happening so may as well set up for afternoon
10:51 am Curtis M : catch ya in less than 1 hr back here
12:01 pm Curtis M : Watching $TRCH and $USDJPY to back off and $NATGAS
12:06 pm Curtis M : $TRCH scaling in 1000 shares at a time here to see if I can get an afternoon pop
12:06 pm Curtis M : $TRCH is in my swing account
12:22 pm Mathew Waterfall : Picked up a couple shares to join ya in the fun. The oil trade was slow so this will due to keep me busy
12:30 pm Mathew Waterfall : oil getting some nice lift
12:33 pm Mathew Waterfall : 1.35 or TRCH and I’m probably out
12:47 pm susan woo : How do gold/silver look to you, Curtis?
12:48 pm Curtis M : gold and silver close to our buy trigger
12:48 pm Curtis M : newsletter kinda explains but ya getting close
12:48 pm susan woo : yeah, tempting:)
12:48 pm Curtis M : the USDJPY move should be almost over IMO
12:48 pm susan woo : Maybe by next week so that they can have the fun of crashing silver/gold Sunday evening first?
12:49 pm Curtis M : Getting really really close we had those buy triggers since end of july so I expect them to hit or get close, we had dxy nailed and the others os well see
12:49 pm Curtis M : ya
12:49 pm susan woo : ok thanks
12:49 pm Curtis M : very close so close the inflection point is near
12:50 pm Curtis M : back in a bit running scans make a few calls to other traders
12:53 pm Curtis M : If I loose ya ill sign back in im moving to pool deck nice day here
01:00 pm Curtis Melonopoly : going back to my desk lol that didn’t work
01:09 pm Curtis Melonopoly : be right back resigning in
01:12 pm Curtis M : so im accumullating a bit more here and going to cut here if it doesn´t hold
01:16 pm Curtis M : tough time in the market… likely no fireworks until monday morning ‘ but well see here shortly if anything good for afternoon
01:23 pm Curtis M : This could be where USDJPY lets out some air…. but…
01:39 pm Curtis M : $TRCH I am selling for tiny gains
01:40 pm Curtis M : Gonna call it a day market gonna be quiet till Monday
01:40 pm Curtis M : Room will stay open till 4
01:40 pm Curtis M : Have a great weekend!!!
01:40 pm Mathew Waterfall : Have a good weekend
01:41 pm Curtis M : thanks Mathew

 

Topics: Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $TRCH, $ANF, Abercrombie

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