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