Compound Trading Monday May 1, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $MTBC, $OCN, $OCCR, $TWTR, $BLDV, $BTSC – $PVCT, $LIGA, $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …
Intro:
Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).
Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).
In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .
Notices:
If there was a day for a learning trader to gets some education from our trading room it was today. Trust me. Go to our YouTube page and sift through the two videos A and B of raw footage (yes you will have to find the areas of the day where there was live voice broadcast) and take a seat and listen up. I’ll GUARANTEE YOU there are nuggets in there for a LIFE LONG TRADING EDUCATION.
Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading
Did more training in today's session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading
— Melonopoly (@curtmelonopoly) May 1, 2017
Notice: Our lead trader coaching schedule is fully booked and waiting list has started. Keep that in mind if enrolling or email in advance.
https://twitter.com/CompoundTrading/status/858970678342451200
Many Thanks to Quarry Rock for Participating in the 2 Week Double Account Challenge!
Many Thanks to @Quarry_Rock for Participating in the 2 Week Double Account Challenge! Today is day 2!
— Melonopoly (@curtmelonopoly) May 2, 2017
We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …
https://twitter.com/CompoundTrading/status/858581529727049730
Thanks for the replies to the Freedom Traders post on weekend! I’ll think through them and respond thru the week. Require thought! Peace:)
Thanks for the replies to the Freedom Traders post on weekend! I'll think through them and respond thru the week. Require thought! Peace:)
— Melonopoly (@curtmelonopoly) May 1, 2017
Last market trading session Post Market Stock Trading Results can be found here: (Previous week Thurs, Fri, and Mon are coming someday soon).
https://twitter.com/CompoundTrading/status/859002515110731778
Premarket Trading Plan Watch-list for this session can be found here (locked to respect members and unlocked to public about a week later for transparency):
https://twitter.com/CompoundTrading/status/859019420936663041
Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters):
$OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR
https://twitter.com/CompoundTrading/status/859067029487321089
Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters):
$OCN $YTEN $MTBC $CCCN $TWTR $AEZS
https://twitter.com/CompoundTrading/status/859098292231307264
Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters):
Midday Chart Setup Review: $OCN $CCCR $CYOU $BTSC $USLV $AG $ABBV $XRF $CMRE, $BLDV
https://twitter.com/CompoundTrading/status/859111267012882432
Most Recent Public Swing Trading Simple Charting can be found here: Swing Trading Simple Charts (Public) Apr 16 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY, #GOLD, #SILVER
https://twitter.com/CompoundTrading/status/853551912599400448
Premarket Session:
Premarket momo $OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR
Premarket momo $OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR
— Melonopoly (@curtmelonopoly) May 1, 2017
$AEZS Halt – News Pending. Halt time: 07:56:22. #premarket
$AEZS Halt – News Pending. Halt time: 07:56:22. #premarket https://t.co/AuXD28Z5mF
— Melonopoly (@curtmelonopoly) May 1, 2017
Lets do this! Premarket chart set-up member review trading room 9:00! Charts. Live voice broadcast. https://compoundtrading.com #freedomtraders
Lets do this! Premarket chart set-up member review trading room 9:00! Charts. Live voice broadcast. https://t.co/d1TrWCgBiP #freedomtraders
— Melonopoly (@curtmelonopoly) May 1, 2017
Market Day, Chat Room Trades and Personal Trades:
https://twitter.com/CompoundTrading/status/859068209219153921
Learning How-to Trade Stocks, Chart Set-Ups, Lessons and Educational:
Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading
Did more training in today's session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading
— Melonopoly (@curtmelonopoly) May 1, 2017
Looking for a trading home? What you can expect from the Compound Trading Lead Trader. #trading #mentoring #freedomtraders
https://twitter.com/CompoundTrading/status/857416340533018624
A winner was once a dreamer who never gave up
A winner was once a dreamer who never gave up
— Melonopoly (@curtmelonopoly) April 27, 2017
$INFI Member homework review. Early IMO. Daily. Wait for price above MA’s then assess.
Stocks, ETN’s, ETF’s I am holding:
I am holding (in order of sizing – all moderately small size – under 5% of my daytrading acounts) – $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.
Note-able Momentum Stocks Today (via FinViz):
Ticker | Last | Change | Volume | Signal | |
MTBC | 2.40 | 76.47% | 19549415 | Top Gainers | |
WAC | 1.45 | 35.51% | 1056417 | Top Gainers | |
OCN | 3.10 | 35.37% | 36057000 | Top Gainers | |
CCCR | 2.51 | 20.10% | 6131139 | Top Gainers | |
AVNW | 19.56 | 17.20% | 101600 | Top Gainers | |
OHGI | 1.83 | 16.43% | 1661061 | Top Gainers | |
MTBC | 2.40 | 76.47% | 19549415 | New High | |
AVNW | 19.56 | 17.20% | 101600 | New High | |
MDXG | 12.33 | -2.84% | 3894076 | New High | |
TRVG | 18.04 | 5.37% | 1848500 | New High | |
OHGI | 1.83 | 16.43% | 1661061 | Overbought | |
HNR | 6.94 | 0.43% | 91700 | Overbought | |
EEMO | 17.19 | 2.30% | 15982385 | Unusual Volume | |
SPMO | 28.84 | 0.56% | 35200 | Unusual Volume | |
ILTB | 61.70 | -1.11% | 4376574 | Unusual Volume | |
HAP | 33.18 | -0.06% | 469120 | Unusual Volume | |
AGCO | 64.97 | 1.53% | 1242000 | Upgrades | |
AHGP | 29.41 | 10.36% | 240500 | Earnings Before | |
SYK | 135.77 | -0.44% | 851700 | Insider Buying |
Algorithm Charting News:
Every target predicted last week hit! Tues Wed Fri! Crude algo work sheet FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
https://twitter.com/EPICtheAlgo/status/858952483720151040
Don’t miss this video. #algorithms #fibonacci
https://twitter.com/CompoundTrading/status/857297652765138944
The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).
Swing Trading Notes / News:
For our swing trading platform users there is a new report out.
Protected: Weekly Swing Trading Updates Mon May 1 $IBB, $AGN, $CTSH, $TSLA, $SNAP, $VGX, $AAU, $NVO…
https://twitter.com/CompoundTrading/status/858989421021978625
The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
NA
Gold $GLD, $XAUUSD, $GC_F :
NA
Gold Miner’s $GDX:
The world’s biggest gold miner ETF just saw the largest outflows on record https://bloom.bg/2qlg04I
The world's biggest gold miner ETF just saw the largest outflows on record https://t.co/bPcYFuO290 pic.twitter.com/yhXqf7grki
— Bloomberg (@business) May 1, 2017
Silver $SLV:
Silver ETF falls for the 11th consecutive day, longest streak in its history (inception April 2006). $SLV
Silver ETF falls for the 11th consecutive day, longest streak in its history (inception April 2006). $SLV pic.twitter.com/ZkClWfspmX
— Charlie Bilello (@charliebilello) May 1, 2017
Crude Oil $USOIL $WTI:
Energy Select Sector $XLE death cross.
Energy Select Sector $XLE death cross.
— Melonopoly (@curtmelonopoly) May 1, 2017
Volatility $VIX:
$VXX sold short wowza.
$VXX sold short wowza. https://t.co/pECjkhPGng
— Melonopoly (@curtmelonopoly) May 1, 2017
$VIX 10 year low hit today.
$VIX 10 year low hit today.
— Melonopoly (@curtmelonopoly) May 1, 2017
Volatility Index: lowest monthly close since January 2007, 3rd lowest in history. $VIX
Volatility Index: lowest monthly close since January 2007, 3rd lowest in history. $VIX pic.twitter.com/RJurHmXJYp
— Charlie Bilello (@charliebilello) April 28, 2017
$SPY S&P 500 / $SPX:
$SPX Gann Square of the February 2016 low. Next Monday is the end of the 4th of 8 sub-squares. For your own analysis…
$SPX Gann https://t.co/b2T1LoqACH
— Melonopoly (@curtmelonopoly) May 2, 2017
$NG_F Natural Gas:
NA
Markets Looking Forward:
Mental note: Next time around, figure out where the momentum is and then sit back and relax.
Mental note: Next time around, figure out where the momentum is and then sit back and relax. https://t.co/hqqo4duo9N pic.twitter.com/0FFLg0gqDq
— Anton (@capt_n3m0) May 1, 2017
Live Trading Chat Room Video Raw Footage and Transcript:
Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day)
Compound Trading Stock Chat-room Transcript:
Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades).
Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix. Also, please note, sometimes pieces of the transcript are missing (also something we are working on). But the video is raw and complete.
Curt M_1: Protected: PreMarket Trading Plan Mon May 1 $IBB, $JIVE, $MYL, $TWTR, $YTEN LINK: https://compoundtrading.com/premarket-trading-plan-mon-may-1-ibb-jive-myl-twtr-yten/PASSWORD: PRE050117New link for trading room this week:http://compoundtrading1.clickmeeting.com/livetradinghttps://twitter.com/curtmelonopoly/status/859012074646712321
Curt M_1: Quarry Rock will be in room today and is in 2 week double account challenge with me FYI. He will also post blog posts as time allows to update his progress.
Curt M_1: Going to get coffee – on mic at 9:05 for premarket review.>>>>>>>>>>>>>>>>>>
Curt M_1: Premarket momo $OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR
Sartaj: Good morning
Curt M_1: Mornin
Curt M_1: on mic in 1 min for premarket >>>>>>>>>>>>
Curt M_1: on mic>>>>>>>>>>>>>>>>>
quarryrock: good morning
Sartaj: Welcome
quarryrock: thank you !
Sartaj: Currently resolving mic issue, thanks
Sartaj: Can hear you now
mat: Quick reminder, europe and asia closed for may day today. Will probably affect volumes overall in the indexes.
Dragt: Friday IPO CLDR moving a little
Flash G: Watching $ITCI
Market Maven: $JIVE $AEZS $OCN on my hit list
Curt M_1: Off mic for pre >>>>>
Curt M_1: On mic for open >>>>>>>
Market Maven: awful open
Flash G: $AAPL swing on track
Sartaj: Sitting on hands for the momo’s
Market Maven: $ITCI long
quarryrock: long AMD $13.45
Flash G: $AAOI tape runner
Curt M_1: $OCN is halted more news
Sartaj: 9:33 halt
lenny: $NXDX positive tape
Flash G: $PCLN ATH on tap
Market Maven: $CCCR could B/O
OILK: $GNMX insider buys the talk there
lenny: $BBRY strong highs
mat: Lots of action over in miner ville. GDX trying to go green with many individual names already there or even
Market Maven: $NSDI on scan now
mat: cccr action
mat: The link from the email was dea. I had to use the link from the tweet
Leanne: I was in the wrong room, email had wrong link I think
quarryrock: $PI on watch for a swing would like to see $36
Sartaj: Okay, good to know. Weird. the pre-market newsletter’s link was updated.
Sartaj: Thanks for letting us know
Flash G: $AMZN nice buys
Flash G: $CELG also
Flash G: $XBI buys heacy too
ny1975: the link from earlier was not working btw
Leanne: the link in the email from this am is not working
Leanne: i tried both
Sartaj: In any case, thanks for baring with us during testing. We will have it resolved for the rest of this week
mat: X swing trade attempt tight stop
Flash G: Watching $X too – interesting action today
Market Maven: I got a piece of $X this morning and $CCCR but not serious enought o alert – really soft
quarryrock: i like $X also
OILK: $MTBC is garbage but yes its moving haha
Curt M_1: Long 2.32 1000 $MTBC
Curt M_1: Halted lol fark
Curt M_1: small entry
Market Maven: I hit it right before you at 3.36 damn
Market Maven: 2.26 correction
Market Maven: Have my stop set on $MTBC haha
lenny: $ECHO 52 week lows
lenny: $VTGN on scan
Sartaj: $MTBC resumed
Sartaj: 10:02 AM
Market Maven: Long $MTBC add 2.41
Curt M_1: L $MTBC 2.515 3000
Curt M_1: Stop 2.39
Curt M_1: Out 2.56 40000 shares
Curt M_1: 4000 shares
Market Maven: holding
Market Maven: Just got out 2.54
Flash G: Nice win guys gals
Sartaj: 😉
Scott: I didn’t get any email
Sartaj: Thanks, looking into it now
Flash G: $NCLH 52 week high
Flash G: $TSLA time
OILK: $REXX on the move again
Market Maven: Congrats on all your plays Flash!
lenny: $TWTR decent showing today
Curt M_1: Sorry about that Scott
Curt M_1: We posted it to Compound Trading Twitter feed just in case but ya we’ll know for next time.
Curt M_1: Good play on $MTBC there Maven
Market Maven: lol well you actually may have outdid me on it
lenny: $ASB on scans
quarryrock: long starter swing $PI $36.45
Curt M_1: Anyway, sorry about the admin cluster – Sartaj is sorting it all for anyone not on right list etc.
robbie: ZSAN?
robbie: Hi everyone, by the way. New to the squad.
Flash G: Hey Robbie
Flash G: $EMF 512 week highs on watch
Curt M_1: Welcome Robbie
robbie: Looking forward to learning from all of you. Been watching Curt’s videos. You’re all rockstars, from the sound of it.
Leanne: Welcome Robbie!
Sartaj: Glad to finally have you join us. We usually experience a bit of chaos during migrations, so excuse us for that. In any case, this isn’t a usual occurrence
robbie: Thx Leanne, you’re the best.
robbie: nbd Sartaj, I know how it is.
OILK: u guys are normally on it imo just a minor glitch
lenny: Over 100% likely $MTBC
Flash G: $NFLX wow day
Flash G: $TWTR HOD and $GNBC 52 wk highs
Flash G: $CMG rev gr
Market Maven: Long $MTBC again 2.80
Leanne: ahhh, no need for getting mad, we’re here now, that’s what matters
Leanne: I”m such a mom!
robbie: haha, not mad at all
Sartaj: 52 week highs: $GNBC $EMF
Sartaj: yes
Scott: I’m here
Sartaj: he is in
Leanne: Spiegel is Scott!
Scott: Gave up on Spiegel
Scott: yiu are now
Sartaj: yes
quarryrock: hi im here ! nice to join everyone
Flash G: $IAC 52 wk high
Curt M_1: 20 K start on my double account challenge
Leanne: Best of luck with this challenge Quarryrock. looking forward to seeing this happen!
quarryrock: $PI 13 up days in a row, big down day Fri followed by same today ER thurs
quarryrock: thank you Leanne!
Flash G: $CHW 52 week high
Flash G: $CWST 52 wk high
quarryrock: bravo $TWTR thats a nice deal with Bloomberg
Market Maven: $MTBC short hold tight start and then add if it goes right could go either way
Curt M_1: $TWTR surprised me with action
lenny: $WYNN tape bull now
Curt M_1: Off mic to prepare for mid day chart set ups at 12:00 >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Curt M_1: You may get that short Maven
Curt M_1: 11:54 off mic>>>>>>>>>>>>
Market Maven: Added to short of course
Flash G: Nice haha
lenny: I have to admit…. I followed you Maven:)
Market Maven: I know
Market Maven: I covered btw ha
Curt M_1: Nice win Maven!
robbie: When did you short Maven?
Curt M_1: she alerted
Curt M_1: 3 candles back so 15 mins ago or so
robbie: Ah didn’t see it!
robbie: NIce.
Market Maven: yessir
Market Maven: thanks
robbie: eTrade didn’t have shares to short, of course.
Flash G: thats more than I’ve seen Maven talk all year
lenny: Maven hasn’t missed a trade all year
Flash G: true treu
Flash G: My swings hot today daytrades will be hot tomorrow.
OILK: Curt, you did put new link on your twitter feed and compound feed – so ya d
SARTAJ – WE’RE MISSING TRANSCRIPT HERE IF YOU HAVE IT
robbie: Got it
robbie: Is that squeeze indicator a custom one you’ve built, or one on trading view?
quarryrock: BTO $SLW $20 C’s weeklies .17
Sartaj: Trading View
Sartaj: You can also find it on TOS
Sartaj: http://tlc.thinkorswim.ca/center/charting/studies/studies-library/T-U/TTM-Squeeze.html
Sartaj: Thank trading2018 for confirming that
Sartaj: Haha
robbie: Got it, thanks Sartaj
robbie: Looks like 20/200 on CVO are about to cross, as you discussed earlier.
robbie: on 60 min
Hedgehog Trader: Curt, sometime can you have a look at LAC.TO or the US side LACDF
Leanne: Oh! Hedgehog, I am watching that too thanks to you
Hedgehog Trader: insiders have bought 440k shares since Apr 11th and it’s looking ready to break out
Hedgehog Trader: great, Leanne 🙂
Hedgehog Trader: yeah, it’s been one of the strongest lithium juniors in the last 3-4 months
Hedgehog Trader: heavy volume last 3 days
robbie: I see
robbie: Great
Leanne: and if you don’t study and get charts in Curtis gets mad
Leanne: Hedgehog, would you wait until it broke 1.02?
robbie: Got it, thanks for explaining. My my. I’ll get there.
Hedgehog Trader: i have bought some already but yeah i am waiting for it to move up to 1.01 or 1.02 to add more
Sartaj: Not what you expected, Robbie?
Hedgehog Trader: i really like the bullish insider activity and the relative strength its displaying vs its sector
robbie: Sartaj, no, it’s what I expected. Been watching Curt’s videos….but.
robbie: Spending a whole day here certainly adds (humbling) perspective.
robbie: Oh, and I can certainly see why I’ve been more red than green in my young trading career.
Leanne: This place will turn your trading and more importantly your abilities around. You will learn to fish for yourself and trade well
Leanne: Curtis empowers new traders
robbie: I can tell.
quarryrock: cant help but wonder if all these ootm calls bought on $KATE are because Coach is reporting tomorrow am. perhaps they offer some clarity on their interest or lack there of on KATE deal ?
Sartaj: Especially with algo models. Set and forget.
robbie: Yes, 2
robbie: So when would you trigger personally on a play like this?
robbie: Do you wait for confirmations all the way to the daily?
robbie: Got it
robbie: Yes, I’ve a sizable list just from these discussions today.
robbie: Right
robbie: Not bad at all
robbie: Very cool
robbie: yes
robbie: Thanks, haha
Leanne: whew! I get a break from the ruler!
robbie: Everyone else is snoozing hearing the basics, I’m sure.
robbie: Thx for putting up with the newbie team!
robbie: NSPR
Flash G: all good stuff
Leanne: my dogs do too.
Leanne: i’m part of the newbie team too
Leanne: Curtis is that your dog breathing in the b/g?
Leanne: just checkin’
quarryrock: BTC $HUBS ss +.60
Hedgehog Trader: okay it might just be me but i’m hearing music
Hedgehog Trader: lol
Hedgehog Trader: oh i had the other trading room link open
Hedgehog Trader: ha
ny1975: thoughts on twlo?
Sartaj: Yes
robbie: Tell em Curt
Leanne: Curtis no more sleeping for you!
ny1975: yes
quarryrock: $TWLO options implying a 8.1% move in either direction off the $33 strike
ny1975: after market
ny1975: yes small position
ny1975: green
ny1975: 33
ny1975: thats the plan
ny1975: dont want to hold it thru er
ny1975: and on the daily
ny1975: rsi bothersome
Hedgehog Trader: $GREK Opa!
ny1975: yes thanks
Leanne: Thanks Curtis
robbie: Thanks Curtis
Leanne: Have a great night everyone
Scott: Thanks Curtis
Hedgehog Trader: Thanks Curt!
Curt M_1: np 🙂
quarryrock: thank you sir!
Flash G: good stuff
Market Maven: night all
OILK: bye
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Article Topics: $MTBC, $OCN, $OCCR, $TWTR, $BLDV, $BTSC – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Learning, How To, Trade, Trading, Educational, Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500