Compound Trading Tuesday April 4, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $INNL, $GNCMA, $BNTC, $USOIL, $WTIC, $GLD, $DXY – $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …
Intro:
Compound Trading is trading group involved with day trading, swing trading and algorithmic model chart trading.
Time stamped entries (in permanent archive) copied to this blog 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. 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:
New lead trader blogpost: When You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.
https://twitter.com/CompoundTrading/status/848681468125745153
Trade risk management psychology and mechanics is a discipline itself. I am convinced a small study library could be filled on the topic.
— Melonopoly (@curtmelonopoly) April 1, 2017
Big Changes: Even though we post my trades and trading room transcript and video daily (which has been a massive time investment) as of now we are posting intra-day small videos to our Twitter feed and YouTube – every trade as they happen. Each will have details of setup and reasoning for each trade. We will still post complete trading room session to Youtube also.
Even though we post my trades and trading room transcript and video daily (which has been a massive time investment lol) starting Monday…
— Melonopoly (@curtmelonopoly) April 1, 2017
If you missed it, here is the Previous Day Stock Trading Results Monday April 3 (public):
https://twitter.com/CompoundTrading/status/849177189350334464
Premarket Trading Plan – Watchlist (member) for Monday April 3 session can be found here (Tuesday’s was not published and handled live in trading room):
https://twitter.com/CompoundTrading/status/848882029701869568
The Weekly Simple Swing Trade Charting (public) is out. This week however had a lot of indecision in the charts:
Swing Trading Newsletter (member) is Published:
https://twitter.com/CompoundTrading/status/849524916135354368
Review of Markets, Chat Room, Algorithm Charting, Trades and Alerts:
Premarket watch-list for me was all about:
$GNCMA, $GBR, $PRTK, $CYCC $ONTX
$VRX Premarket is up 1% – Could this be the bottom?
— Melonopoly (@curtmelonopoly) April 4, 2017
In play today in chat room and on markets:
Two momentum plays at market open today: $GNCMA and $BNTC. Both worked out for a win.
500 Shares 32.12 $GNCMA and 500 add 32.39 and 33.18 1000 shares add and closed $GNCMA out 33.30 all shares decent win not great but decent. Up 1144.00 and with the small $BNTC win around 1500.00 on the day.
Then late in the day after some research in to chatter, rumors and possible announcements I took a small 1000 share entry long in $INNL at 1.68 and the news hit later that evening.
We also did a $USOIL $WTI, Gold $GLD, and US Dollar $DXY review and recorded it and uploaded to YouTube intra-day you will find below.
Two momentum plays at market open today: $GNCMA and $BNTC. Both worked out for a win.
— Melonopoly (@curtmelonopoly) April 4, 2017
$INNL Had a good day. Holding overnight small position. #swingtrade pic.twitter.com/LUtA4fCHep
— Melonopoly (@curtmelonopoly) April 4, 2017
$INNL Well that swing trade worked out ok! Up 62% after hours – entered before the bell end of day 🔥🎯💥⤴ https://t.co/XnIu3WwcxV
— Melonopoly (@curtmelonopoly) April 5, 2017
Stocks, ETN’s, ETF’s I am holding:
I am holding (in order of sizing – all moderately small size to micro sizing) – $INNL, $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (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. I am now 95% cash in daytrading account.
Note-able Momentum Stocks Today (via FinViz):
Ticker | Last | Change | Volume | Signal | |
GBSN | 0.01 | 208.70% | 812170592 | Top Gainers | |
GNCMA | 33.39 | 62.40% | 7801800 | Top Gainers | |
CALI | 2.85 | 54.89% | 3031741 | Top Gainers | |
INNL | 1.82 | 42.19% | 6088546 | Top Gainers | |
BNTC | 4.10 | 34.38% | 19386800 | Top Gainers | |
CONN | 10.90 | 28.99% | 4749400 | Top Gainers | |
GNCMA | 33.39 | 62.40% | 7801800 | New High | |
PRTK | 22.85 | 22.85% | 9115355 | New High | |
RNN | 0.64 | 15.32% | 18172701 | New High | |
LVNTA | 50.43 | 13.30% | 7105500 | New High | |
WHLR | 13.74 | -3.58% | 108460 | Overbought | |
FIZZ | 85.50 | 1.15% | 248466 | Overbought | |
QLS | 20.11 | -0.14% | 32700 | Unusual Volume | |
CRVS | 10.36 | -49.98% | 5599400 | Unusual Volume | |
CALI | 2.85 | 54.89% | 3031741 | Unusual Volume | |
TGC | 0.70 | 79.49% | 1183749 | Unusual Volume | |
ABUS | 3.25 | -1.52% | 350554 | Upgrades | |
AYI | 173.93 | -14.77% | 5595500 | Earnings Before | |
OPK | 7.73 | -0.26% | 2535617 | Insider Buying |
The Markets Looking Forward:
$SPY $TLT https://t.co/W9Q6sZDwwy
— Melonopoly (@curtmelonopoly) April 4, 2017
$SPX $SPY Bull https://t.co/ocVCQomqVP
— Melonopoly (@curtmelonopoly) April 4, 2017
$SPY. To rip or not to rip. Conventional charting says it's ready 👌. Great post.⤵ Our models see challenges but doesn't mean it won't rip. https://t.co/O0QWqqn6nH
— Melonopoly (@curtmelonopoly) April 4, 2017
Our issue with a market rip is primarily the once in a decade resistance cluster not far over head for oil, and it’s slowly downtrending.
Our issue with a market rip is primarily the once in a decade resistance cluster not far over head for oil, and it's slowly downtrending.
— Melonopoly (@curtmelonopoly) April 4, 2017
Algorithmic Chart Model Trading / News:
Sorry about the video mic quality in below, but we did fix the mic settings for Wednesday session FYI.
US Dollar $DXY Video Review
Gold $GLD Video Review:
Systematic Algorithmic Modeling 40% ⤴ https://t.co/KYkvBrxUFU
— Melonopoly (@curtmelonopoly) April 4, 2017
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:
The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.
Simple swing charting that keeps me level when looking at the markets (examples below). Simple charting I find grounds you to simple trades which in turn keeps you profitable in toppy or sideways markets.
https://twitter.com/CompoundTrading/status/848756853169283073
$BABA Swing Trade going well. Our Swing Trading side is in at 104.64 trading at 108.17. #swingtrading pic.twitter.com/x2zOezrBQ3
— Melonopoly (@curtmelonopoly) April 4, 2017
$NFLX March 29 we entered swing trade 145.50 when MACD turned, trading 146.82, stop at flat and re-enter if we have to. #swingtrading pic.twitter.com/DI8fiL6nsv
— Melonopoly (@curtmelonopoly) April 4, 2017
$AXP American Express. So close. SQZMOM about to turn, MACD cross on deck just need PTPTRR to line up. Need volume & power. #swingtrading pic.twitter.com/V4dGTTw0T9
— Melonopoly (@curtmelonopoly) April 4, 2017
$ABX Setting up nicely. Above 200 MA, wait for Stoch RSI to turn, SQZMOM green MACD turns up and kapow! Some volume & power would help too. pic.twitter.com/Umdcrc6ffV
— Melonopoly (@curtmelonopoly) April 4, 2017
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
NA
Gold $GLD $XAUUSD / Gold Miner’s $GDX:
{40 year} Gold Seasonality Chart. #Gold $GLD $SLV $GDX $GDXJ $NUGT $DUST #Silver https://t.co/bJnAoWCHPS
— Melonopoly (@curtmelonopoly) April 2, 2017
#Gold managed money. $GC_F $GLD https://t.co/V6k09rpTww
— Melonopoly (@curtmelonopoly) April 2, 2017
Silver $SLV:
Silver Gold Platinum Palladium money pos. https://t.co/JGMkj0oLb8
— Melonopoly (@curtmelonopoly) April 2, 2017
Crude Oil $USOIL $WTI:
EPIC the Oil Algo Killing it as usual: Price on its way to Tues 430 target. Crude algo intra work sheet 239 PM Apr 4` FX $USOIL $WTIC #OIL $CL_F $USO $UCO $SCO $UWT $DWT #OOTT
Tanker Traffic Points At Much Tighter #Oil Markets | https://t.co/8uM3eZkvEt https://t.co/wIwcqnBfFi #oilprice #OOTT $USOIL $WTI $CL_F
— Melonopoly (@curtmelonopoly) April 5, 2017
https://twitter.com/EPICtheAlgo/status/847857046430953472
$WTI $CL_F $USOIL net long short https://t.co/hpRZPGo4fM
— Melonopoly (@curtmelonopoly) April 2, 2017
Volatility $VIX:
$VIX delay… https://t.co/2aT85XuyXo
— Melonopoly (@curtmelonopoly) April 1, 2017
$SPY S&P 500:
$SPX P/E Ratio above 10 year average. https://t.co/3BzGNUugvs
— Melonopoly (@curtmelonopoly) April 3, 2017
$NG_F Natural Gas:
NA
Live Trading Chat Room Transcript: (on YouTube Live):
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.
Going to review swing trading set ups and some algorithmic charting in room between 12:00 – 1:00 EST today.
— Melonopoly (@curtmelonopoly) April 4, 2017
Sartaj: Open house today?
Curtis M: Mornin
Curtis M: No 🙂
Curtis M: Going to be a busy trading day 🙂
Curtis M: That video is uploaded to YouTube from yesterday FYI re: $XIV trade
Sartaj: Saw it, thanks. I’ll get to it tonight
Curtis M: kk
Dave: Good morning
Sartaj: Good morning
Sartaj: Welcome
HedgehogTrader: Hi all
Sartaj: Hey Hedgehog
Caide: hello
Curtis M: Premarket is tight so I won’t be on mic for a preamble. I’ll wait until open and see how it looks here. Running scans.
Curtis M: In between action today I am going to review swing trades and some of our algorithm work – an FYI for Sartaj 🙂
Curtis M: $GNCMA, $GBR, $PRTK, $CYCC $ONTX
Curtis M: On mic>>>>>>>>>>>
Curtis M: 500 Shares 32.12 $GNCMA
Curtis M: Stop set at 30.45
Curtis M: Below 8 EMA
Sammy T: $BNTC is running I am in
Curtis M: Long 500 add 32.39
Curtis M: Stop at 32.38 $GNCMA
Curtis M: Long 33.18 1000 shares add
Curtis M: Holding with a stop at 32.38 2000 shares
HedgehogTrader: $EXK smokin again (silver miner)
MarketMaven: In $XXII
Sammy T: Nice Hedge
Flash G: Opened position in $MACK
Flash G: Swing Trade
Flash G: Also a long $AIC here but likely short time frame
Flash G: Market looks like it will turn for a run in next 24 hours or so.
lenny: $BNTC might go parabolic Curt
HedgehogTrader: $MUX looking like it will go (silver and gold miner)
HedgehogTrader: 16% short interest
Curtis M: $ADPT halt
HedgehogTrader: Curtis, take a look at $MUX
Curtis M: ok
lenny: $ADPT tanked
lenny: $BNTC great momo wow
HedgehogTrader: MUX interesting also due to high short interest
HedgehogTrader: 16%
HedgehogTrader: and silver looks really good too
Curtis M: Bulls are in Silver for sure
Curtis M: $MUX looks great IMO
HedgehogTrader: can you pull up a silver chart?
HedgehogTrader: looks dynamite
Curtis M: yup
HedgehogTrader: 🙂
Flash G: market ticks are soft soft soft
Curtis M: Stop on $GNCMA set 32.46 moved up
HedgehogTrader: above 1850s on silver we should see run to 19s
HedgehogTrader: and miners offer the best leverage
Curtis M: Closed $GNCMA out 33.30 all shares decent win not great but decent
Sartaj: Can you go to the volume mixer? Right click on the volume button
Curtis M: $CYCC halt restart 10:29
Curtis M: $CYCC halt restart 10:29
Flash G: $KATE long very small test
HedgehogTrader: $UGAZ +9% and back above 50dma
MarketMaven: $SOL low float might get rippy
HedgehogTrader: something to file away if you are in $UGAZ but my signals suggest the ETF should rally on Friday
Curtis M: 9.56 long 1000 shares $CYCC
Curtis M: on mic>>>>>>>>>>>>>>
Curtis M: Out Flat
MarketMaven: $LIGA one of my fav OTC plays here
MarketMaven: $LIGA $USRM $MMEX in OTC
Sartaj: Welcome back, Dave
Curtis M: $CYCC I wouldn’t sit in too long FWIW
Curtis M: Going to review swing trade set ups and algo charting between 12:00 and 1:00
lenny: $CYCC bank on top of bank now
Carol B: ha ha
Flash G: $CYCC incredible if you want my opinion
Flash G: I suppose it is lung cancer.
Flash G: $TSLA just keeps paying us Curt
lenny: Adding to $CYCC soon on break
lenny: Adding now $CYCC
Curtis M: Oil nearing resistance – possible short position oil related in $DWT $DWTIF on deck or long over resistance
Curtis M: $SWN over 8.40 held gets interesting
Sartaj: Target about to hit. Epic!
HedgehogTrader: nice!
Sartaj: Random walks aren’t truly “random”… computer scientists’ perspective. 🙂
Sartaj: My old data science prof would probably kill me, though.
Curtis M: I am delayed a few mins Sartaj FYI
Sartaj: No problem, I’ll be here
Sartaj: Welcome back again, Dave. EPIC is close to hitting a price-time target
Sartaj: We were just discussing random walks
Curtis M: Ok got myself settled – sorry – had unexpected conference call – will do swing trading review in 5 mins on mic
Sartaj: Ready
Sartaj: Welcome back, Leanne
Curtis M: What a busy day lol.
Sartaj: Hey, Mat
Curtis M: Ok. Reviewing EPIC the Algo first in 1 min on mic >>>>>>>> Sartaj – please publish video as non public for EPIC and send a link to members and advise on Twitter there is a video update in their email inbox when done thanks.
Sartaj: Done deal.
HedgehogTrader: UGAZ running
Leanne: Thanks Sartaj, just got back from taking kids to school ready to roll now!
Curtis M: I’ll do Gold next in a few mins
Curtis M: You can publish all the rest as public Sartaj
Sartaj: Sounds good
Sartaj: EPIC update will be uploaded in 15 minutes, and then pushed out to our member mailing list
Curtis M: Office hopping with member questions…. on to Gold now…. on mic>>>>>>>>>
Curtis M: we’re going to try and fix the echo first jeez loll
Curtis M: back in a min
Curtis M: haha pretty office heh?
Sartaj: Try that
Curtis M: official on office lol ok in 1 min
Curtis M: On mic re: Gold chart >>>>>>>>
Sartaj: Recording
Curtis M: off mic >>>>>>>>>
Eric: thanks curt, fantastic details
Curtis M: Will do the USD in 5 mins and then take a look at market before doing any swing reviews.>>>>>>>>
Curtis M: no prob 🙂
HedgehogTrader: great commentary on gold Curtis
Curtis M: why thanks 🙂
HedgehogTrader: you can also see $DBC the commodity ETF looking strong, bodes well for hard assets
HedgehogTrader: like oil, gold, etc – $DBC is now back above 200 dma
Curtis M: Nice
Curtis M: Sartaj on mic in 1 min $DXY US Dollar Index >>>>>>>
Curtis M: This can be shared publicly.
HedgehogTrader: and do small stocks give us a heads up? $CDNX is now above 50 dma
Curtis M: I’d like to watch the conventional chartist work on this chart lololol
Sartaj: Ready for broadcast
Curtis M: Echo bad on hold sorry
Leanne: hello
Leanne: very quiet on my end
Sartaj: Now you know why it’s called a “live room”
Leanne: I can hear you now!!!
Leanne: woo hoo
Curtis M: ok thats it for the dollar
Curtis M: Looking at the market to see if there’s a trade then I’ll do swing reviews when and if things slow
Curtis M: Hey Sartaj – why don’t we do a video on Leaderboard stocks and what I’m looking for
Curtis M: What I’m looking for when scanning afternoon leaderboard stock set ups etc…
Sartaj: Sure, we can do that
Curtis M: ok
Curtis M: 1 min on mic >>>>>>>>>>> Scanning Stock Set Ups (leaderboard) for afternoon play.
Sartaj: ready
Curtis M: On mic>>>>>>>>>>>>
HedgehogTrader: odd- i can’t hear a peep
Leanne: i can’t either
Curtis M: Ok working
Leanne: i’ve just been watching and thinking about what you’re saying!
Curtis M: lol
Curtis M: We’re going to delay voice broadcast until tomorrow. Just run chat rest of day and video charts. We’ll fix it tonight.
Curtis M: So looking for volatility play based on $SPY and $VIX – scanning there first then equities for an afternoon play.
Curtis M: Target for $SPY EOD is 235.60 ish
Curtis M: So now take a look at how $VIX is doing to see if I can exploit eone of $XIV $TVIX $UVXY $SPXL $SPXS etc…
Curtis M: $CONN on watch for break of high of day
Curtis M: Watching for volume velocity – power in buying and HOD break
Curtis M: Here we go…. should pop soon
Curtis M: $CONN
Curtis M: lol EPIC
Sartaj: It’s happening
Sartaj: Also, welcome to our newcomers. A pleasure to have you all here
Curtis M: i find it funny now
Sartaj: If you’re just joining us, how did you find out about this room?
tran: internet
Shiela Schmidt: Twitter
Curtis M: Leader Board $GNCMA 64% $CALI 57% $BNTC 44% $CYCC 40% $CONN $PRTK $CETC $AFSI $BGR
Sammy T: Slow afternoon
HedgehogTrader: a small miner to watch $AAU
Flash G: Yes. Did update all my swings and will wait for Curts report tonight. But I think we have setup.
HedgehogTrader: AAU out with a positive prefeasibility study
Sammy T: thanks hedge checking it out
HedgehogTrader: it has a 100M mkt cap and is a nice trader when metals perk up
HedgehogTrader: miners look very positive overall- gold miners are outperforming gold which is what we want to see
Curtis M: It’s looking more and more like the break will be to upside long term – soooo close now
HedgehogTrader: wee nanocap pot stock i like that is running now $UBQU
HedgehogTrader: volume massing last few days
Curtis M: Man, Nich knows how to call em’ pow $EXK
Curtis M: Ya I like $UBQU nice play imo
Sammy T: I’m in it
HedgehogTrader: thanks! 🙂 yup $EXK is beating everything in its sector
Sammy T: Len is too I think
MarketMaven: Great call once again Nich!!
HedgehogTrader: thanks! it’s nice when they do that 🙂 i did have some good conviction due to fundamentals and insider buys from CEO
Curtis M: Good research.
Curtis M: I’m going to try a small flyer here on $INNL for a swing over night .5% position lol 1000 shares 1.67
Curtis M: Sorry 1.68 correction
Curtis M: Long $INNL 1000 share 1.68 for o/n swing
HedgehogTrader: watching for copper to start joining the other rallying commodities
HedgehogTrader: once we see that, eyes will also be on shippers who need to move those heavy materials
Curtis M: Shippers will be a ripper if things set up and go soon here
Curtis M: $EXK squueeeeze
Curtis M: $INNL took a flyer on it because of late day momo and insider buying lately.
lenny: Profitable day. I’m cutting out to get some air. See u guys in morning. Get your mic fixed haha!
Sammy T: Bye Lenny
Curtis M: TY
Leanne: With you on INNL at 1.66
Curtis M: GL on that:)
Curtis M: GL me lol
Leanne: I have not had a winner in a while, thanks Curtis!
Curtis M: Lets hope we get a winner 🙂
Leanne: I have faith
Curtis M: Well have a great night all! I have a ton of work to do to catch so I’m outta here! Best team ever:) Peace.
HedgehogTrader: thanks Curtis, take care
Leanne: you too, take care Curtis
Leanne: hug your loved ones!
Be safe out there!
If this post was of benefit to you, be kind and share it on social media for us please!
Have a great night y'all! Big night in the lab catching up, gotta get at it. Ty! Our daily trade results https://t.co/nGEATPKgUb …. #trading
— Melonopoly (@curtmelonopoly) April 4, 2017
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Article Topics: $INNL, $GNCMA, $BNTC, $USOIL, $WTIC, $GLD, $DXY – $XOM, $NE, $ONTX, $DUST, $TRCH, $LGCY, $SSH, $ASM – $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
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