Compound Trading Chat Room Stock Trading Plan and Watch list for Tuesday July 18, 2017; $CAPR $FEYE $NFLX – $WMT, $NFLX, $UUP, $SSH, $LGCY, $TRCH, $ESEA, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, 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!
Notices:
Notes in red text below are new comments entered specifically today.
Today’s Live Trading Room Link:
http://compoundtrading1.clickmeeting.com/livetrading
Live Alerts for Oil, Swing Trading and Day Trading are now available only on either email and/or by following alert Twitter feed. If you did not get an email send an email to [email protected] and ask Sartaj to get you info. Most of those I spoke to are opting for email only, but the Twitter alert system is available for those that want it.
Disclaimer / disclosure: Every subscriber must read this disclaimer.
Reporting and Next Gen Algorithms:
GOLD alerts: Twitter Alert Feed Service On Deck and Released Later Today FYI. See Sartaj.
Morning all,
Spent the better part of evening lab session in Gold / $GDX algorithm and that’s where the work stayed and just finished the $GDX upgrade now. It took more work than we anticipated.
Anyway, that puts all algorithm, swing trade, post market reporting etc off for 24 hours – until tonight – sorry for the delay… but we had to get that upgrade right and our members all have charting to work with until tonight.
On another note, the Master Class series starts today at 2 PM in main trading room and all will run daily until all material is covered. All members will get copied as we go as a thanks for early adoption to our platform.
And finally, it looks like my biggest percentage gain month in 29 years setting up so I hope you have all shared some in that success.
All reports will be out this evening.
Curt
Post market catch up posts still on to do list (we have about thirty from last quarter to post for transparency). Hopefully going forward now that we aren’t releasing any new algorithm models etc I’ll be able to get the rhythm of reporting cycle fluent / regular. It was the development / math etc of the models that took most of the energy so it should be good going forward. Between now and Christmas we’re just locking in what we have tighter and tighter so it sounds like a good plan:)
Master Class Charting Series Webinars:
Starts today! Tues, Wed, Thur, Fri from 2 PM to 3:30 PM. Will continue the following Tuesday if more time is needed. All members will receive a copy in their email. Full series will be posted to website at a cost of 2999.99. Early adopter members (anyone to date as of Tuesday when it starts) receives it free.
Connect with me on Discord and lets take this up a notch!
https://twitter.com/CompoundTrading/status/880670140454637569
Recent lead trader blog / video / social posts:
July 17 Trade Set-Ups $SRG, $DUST, $AAOI, $HIIQ, $LITE, $IPXL, $IMGN, $QBAK, $SGMO, $ADOM, $BDSI: http://youtu.be/fR9n8_tanZI?a via @YouTube
https://twitter.com/CompoundTrading/status/887171776278605824
Goal is double new #Gold trading acct in 30 days. Incl trading leveraged miner’s also. Live. $GLD $GDX $NUGT $DUST $JDST $JNUG $GC_F $XAUUSD
Goal is double new #Gold trading acct in 30 days. Incl trading leveraged miner's also. Live. $GLD $GDX $NUGT $DUST $JDST $JNUG $GC_F $XAUUSD
— Melonopoly (@curtmelonopoly) July 18, 2017
I start trading Gold & Miners next 24 hours with Rosie the Gold Algo. Ohhh my? Block me now. $XAUUSD $GC_F $GLD $GDX $NUGT $DUST $JNUG $JDST
I start trading Gold & Miners next 24 hours with Rosie the Gold Algo. Ohhh my🔥 Block me now. $XAUUSD $GC_F $GLD $GDX $NUGT $DUST $JNUG $JDST
— Melonopoly (@curtmelonopoly) July 18, 2017
How it’s done. $USOIL $WTI $CL_F $USO #CL #OIL #OOTT EPIC the Oil Algo ???
How it's done. $USOIL $WTI $CL_F $USO #CL #OIL #OOTT EPIC the Oil Algo 🔥🔥🔥 pic.twitter.com/o8NLXTa40g
— Melonopoly (@curtmelonopoly) July 18, 2017
Morning momentum stocks on watch so far: $CAPR $MBRX $PRAN $NFLX
Popular: $AMD, $NFLX, $IBM, $GS, $JNJ, $WTW, $SODA, $GLD, $PM, $FRGI, $ERIC, $EQIX #premarket
Popular: $AMD, $NFLX, $IBM, $GS, $JNJ, $WTW, $SODA, $GLD, $PM, $FRGI, $ERIC, $EQIX #premarket https://t.co/rxAx65Djcm
— Melonopoly (@curtmelonopoly) July 18, 2017
See member top ten watchlist.
Protected: Top Ten Trade Set-Ups List for Week of July 17
https://twitter.com/CompoundTrading/status/886869369967521794
Other Gaps of Note Premarket:
Bias toward / on watch:Oil $USOIL $WTI is aggressive and right near EPIC the Algo’s target for today , $DXY US Dollar has lost support (kind of) with and if it doesnt regain very soon I’ll cut my test size entry in $UUP at a loss, Gold / Silver holding up and I posted a chart on Trading View and my Twitter feed. $SPY holding up but some pressure and $VIX moderate to no life signs – there is a general time / price cycle terminating end of this week and a serious one early Sept I am watching.
Gold MACD crossed up, over 200 MA, divergent from history I referenced recently. $XAUUSD $GLD $GC_F #GOLD https://www.tradingview.com/chart/XAUUSD/TbpN6RXy-Gold-MACD-crossed-up-over-200-MA-divergent-from-history-I-refe/ …
Gold MACD crossed up, over 200 MA, divergent from history I referenced recently. $XAUUSD $GLD $GC_F #GOLD https://t.co/M5NsO1jMZB pic.twitter.com/BIBTEgLIgn
— Melonopoly (@curtmelonopoly) July 18, 2017
Important Points of Reference on Conventional Oil Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT
Important Points of Reference on Conventional Oil Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT pic.twitter.com/tNfm8dUIXL
— Melonopoly (@curtmelonopoly) July 18, 2017
OTC on watch:
Recent Momentum Stocks to Watch: See top 10 list.
Recent SEC Filings to Watch:
Some Earnings On Deck: $ADTN $CSX $EXPO $FULT $HBHC $IBKR $IBM $LTXB $NAVI $PNFP $RNST $UAL $UFPI $WTFC
$NFLX swing trade going well. #swingtrading
$NFLX swing trade going well. #swingtrading pic.twitter.com/KkdwtWH8aB
— Melonopoly (@curtmelonopoly) July 18, 2017
Holds (specifically on day trading side): $NFLX, $WMT, $XIV (closed for small profit), $UUP test starter swings. All other holds are small size (less than 5% of day trading account on total) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $LIGA (all not including my swing trading or algorithm charting trades).
Some Recent Chart Set-ups on Watch: See mid day reviews on You Tube. We are working on these (if listed) and others in Mid Day Review in trading room. If you can’t be in there you can catch the review on the raw video feed we post to You Tube of each trading day.
Market Outlook:
Mid day charting and swing charting has many plays right near buy triggers, so that is positive.
Market News and Social Bits From Around the Internet:
If you are new to our trading service you should review recent blog posts, the Compound Trading 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).
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 Intra-day Trading 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: $CAPR 46%, $MBRX 20%, $PRAN $MDGS $NFLX $NVAX $PBYI $MOSY $RAD $UGAZ $UWT $IPXL $BOIL $UCO $PRTK $WLL $OIL $JNUG I will update before market open or refer to chat room notices.
(2) Pre-market Decliners Watch-List : $SPY $XIV $DWT $SOXL $NVDA $AMD $SCSS $HOG $JDST $DUST $AUPH $ERIC $CBAY I will update before market open or refer to chat room notices.
(3) Other Watch-List: See Top 10 Ten 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) Recent Upgrades: $SEAS $XLNX $MMP $ALV $QDEL $SEDG $IPXL $FSC $NFLX $SC $CMG as time allows I will update before market open or refer to chat room notices.
(6) Recent Downgrades: $CRUS $AMD $CCJ $EXLS $DDC $IPGP $SSL $FPI $OAS $DNN $UAA $NYLD $FMC $QEP as time allows I will update before market open or refer to chat room notices.
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
http://finviz.com/
https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6
http://www.highshortinterest.com/
http://www.gurufocus.com/short-stocks.php
http://www.3xetf.com/all/
http://www.etf.com/channels/gold-etfs
GL!
Curtis
Algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct. Our lead trader Twitter feed is here @curtmelonopoly and lead tech developer @hundalSHS.
Article Topics: $CAPR, $FEYE, $NFLX, $USOIL, $WTI, $GLD, $GDX, $SPY, $DXY – $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Premarket, Watchlist, Stocks, Trading, Plan, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD