$HTGM, Premarket, Trading, Plan

PreMarket Trading Plan Fri Mar 24 $HTGM, $USRM, $PLSB, $DUST, $GC_F, $WTIC

Curt MelonopolyTrading Plan, , , , , , , , , , ,

Compound Trading Chat Room Stock Trading Plan for Friday Mar 24, 2017;  $HTGM, $USRM, $PLSB, $DUST, $GC_F, $WTIC – $ONTX, $DUST, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

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

Notices:

Today’s Live Trading Room Link: https://www.youtube.com/watch?v=FPwHMlfu3PQ

Yesterday’s Stock Trading Results (the $SNAP momo trade may help some early traders)

https://twitter.com/CompoundTrading/status/845218057563881473

Per recent;

We are going to try another trading room platform – yes, but we gotta try and get what will work best, we’ll get you details. The YouTube platform we are having difficulty with outages, transcripts and delays / lags.

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

https://twitter.com/CompoundTrading/status/841078264537993218

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

https://twitter.com/CompoundTrading/status/843442032894865408

Results of Gold trade vote are in!

Current Holds / Trading Plan:

Even though my holds are small in size I would like to start focusing on trading out of some of these, if not all. With the current downdraft in market I may not be able to get out of these for a while – VERY SMALL part of my portfolio now – I am 93% or more cash.

All small to mid size holds in this order according to sizing – $ONTX, $DUST, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI.

Per recent;

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

Market Outlook / Trading Plan:

Swing trades on watch for me again (in addition to our algorithm models because everything is either at resistance or suport) today (some are same as from our swing trading platform side) are $BABA, $VRX, $NFLX, $WYNN, $XME, $URRE, $TAN, $TWLO, $GSIT, $ABX and considering adding $LIT to the list. Also recently added to watch $CEW, $MYL, $TZA, $TREE and today added are $NVDA, $SOXS, $KBH, $BCOR. Also on OTC side new are $USRM, $PLSB, $LIGA and $ASCK.

Interesting. $NVDA Daily MACD turned up, Stochastic RSI down, SQZMOM just turned green, price above MA’s. #swingtrading

$NVDA, Swing, Trading, Plan, Chart
Interesting. $NVDA Daily MACD turned up, Stochastic RSI down, SQZMOM just turned green, price above MA’s. #swingtrading

$TRP Transcanada Pipeline and others may see volatility today!

https://twitter.com/NorthmanTrader/status/845225564562739202

https://twitter.com/ThinkTankCharts/status/845222785458823168

https://twitter.com/WallStJesus/status/845086208116080642

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

Morning momentum stocks watchlist: $HTGM, $USRM, $PLSB

$HTGM, Premarket, Trading, Plan
$HTGM On Fire Premarket Again. Up 63%. #daytrading #tradingplan

Gaps on these plays: $HTGM $MU $SEAS $ASML $XENE $FINL $GME $MYL $WDC $NVDA $HAL

News on these plays: $MU, $HTGM, $NVCN, $ZAIS

Chart Set-Ups: $XOMA 

Previous Day Momentum Stocks to watch: $USRM OTC, $PLSB OTC, $HTGM, 

$PLSB Look at the liquidity that rolled in to this OTC stock yesterday wow #stocks #watchlist

$PLSB, Stock, Chart, Watchlist, Trading Plan
$PLSB Look at the liquidity that rolled in to this OTC stock yesterday wow #stocks #watchlist

8am
Evans Speaks

8:05am
Bullard Speaks

8:30am
-Durable Goods Orders
-Williams Speaks

9:45am
Composite Flash

1pm
BHI Rig #

$TWTR Twitter explores subscription-based option for first time http://in.reuters.com/article/twitter-subscription-idINKBN16U389 …

$ATOS Atossa Genetics Opens Enrollment in Study of Endoxifen

$MU – Shares of #Micron surging +10% post earnings

$MU Q2 Adj.EPS $0.90 and Sales $4.648B – Beat

 

 

If you are new to our trading service you should review recent blog posts, our YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

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

Momentum Stocks (Market Open and Intra-Day):

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

Some of my Favorite Set-Ups:

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

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

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

(1) Pre-Market Gainers Watch-List:  $HTGM 52%, $RGLS 20%, $EBIO 15% $MU $NVCN $ZSAN $WDC $UAA $UA $NVO $MTL $RACE $ASML $AMD $UWT $XIV $UCO $SVXY $NGG

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

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

(3) Other Watch-List:

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

(5) Upgrades: as time allows I will update before market open or refer to chat room notices.

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

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

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

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

http://finviz.com/

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

http://www.highshortinterest.com/

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

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

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

GL!

Curtis

Article Topics:  $HTGM, $USRM, $PLSB, $DUST, $GC_F, $WTIC – $MGTI, $NE, $XOM, $ONTX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA, – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F

Read More