Compound Trading Wednesday April 19, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $SNGX, $USOIL, $DWT, $GOLD, $DUST, $TWLO, $BABA – $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:
Most recent lead trader blog posts:
Now I’m Inspired! My Guarantee to Struggling Traders (and Yours). Part 3 “Freedom Traders” Series.
https://twitter.com/CompoundTrading/status/853764002584944640
Last market trading session Post Market Stock Trading Results can be found here:
https://twitter.com/CompoundTrading/status/854593188098691072
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/854673230946291713
Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters):
https://twitter.com/CompoundTrading/status/854695312367243264
Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters):
https://twitter.com/CompoundTrading/status/854703199017725952
Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters):
https://twitter.com/CompoundTrading/status/854761895269740544
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.
Premarket $NVLS, $SNGX, $RARE
— Melonopoly (@curtmelonopoly) April 19, 2017
$SNGX premarket up 32% on positive news.
$SNGX premarket up 32% on positive news. pic.twitter.com/B2pqjwU5ki
— Melonopoly (@curtmelonopoly) April 19, 2017
PreMarket ? Trading Plan Wed Apr 19 $MS, $SNGX $UPZS, $OPMZ, $LIGA, $MMEX, $USOIL, $WTI, $GDX #trading
Protected: PreMarket 🔥 Trading Plan Wed Apr 19 $MS, $SNGX $UPZS, $OPMZ, $LIGA, $MMEX, $USOIL, $WTI, $GDX #trading https://t.co/7ZlcdQKocD
— Melonopoly (@curtmelonopoly) April 19, 2017
Morning! Premarket member chart set-up review in trading room 9:00! Charts. Live voice broadcast. https://compoundtrading.com #freedomtraders
Morning! Premarket member chart set-up review in trading room 9:00! Charts. Live voice broadcast. https://t.co/d1TrWCgBiP #freedomtraders
— Melonopoly (@curtmelonopoly) April 19, 2017
In Play: $SNGX, $IMGN, $UGAZ, $DGAZ, $BOLD, $SBGL, $AGIO, $UVXY High Uncertainty: $EWZ, $SRNE, $X premarket
In Play: $SNGX, $IMGN, $UGAZ, $DGAZ, $BOLD, $SBGL, $AGIO, $UVXY High Uncertainty: $EWZ, $SRNE, $X premarket https://t.co/154aIVxEob
— Melonopoly (@curtmelonopoly) April 19, 2017
In play today in chat room and on markets: $IDXG , $GNC $DWT, $DUST, $USOIL, $WTIC, $GDX
Curt M: Long $SNGX 1000 4.51
Curt M: Long 4.57 3000
Curt M: Out 4.83 4000 shares
$SNGX market open momo went fantastic – waiting on 100%. Primary indicators.
$SNGX market open momo went fantastic – waiting on 100%. Primary indicators. https://t.co/uBUrUXPstn
— Melonopoly (@curtmelonopoly) April 19, 2017
Leaderboard: $SNGX 72% $EGT 23.5% $CALI 14.5% $CAMP 14% $IMGN 12.6% $AIRI 9%
Leaderboard: $SNGX 72% $EGT 23.5% $CALI 14.5% $CAMP 14% $IMGN 12.6% $AIRI 9%
— Melonopoly (@curtmelonopoly) April 19, 2017
Closing my $DUST and $DWT positions
How-to Trade Stocks, Lessons and Educational:
$SNGX trade
Stocks, ETN’s, ETF’s I am holding:
I am holding (in order of sizing – all moderately small size) – $ONTX, $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.
Note-able Momentum Stocks Today (via FinViz):
NA
Algorithm Charting News:
Direct algo target hit Tues 430 and Wed 1030 ? Crude algo intra work sheet FX $USOIL $WTIC #OIL $CL_F $USO $UCO $SCO $UWT $DWT #OOTT
Direct algo target hit Tues 430 and Wed 1030 🔥 Crude algo intra work sheet FX $USOIL $WTIC #OIL $CL_F $USO $UCO $SCO $UWT $DWT #OOTT https://t.co/eq34Nt9uVt
— Melonopoly (@curtmelonopoly) April 19, 2017
EPIC the Oil Algo called the top in oil almost to the cent ten weeks in advance. Not bad. $UWOIL $WTI $CL_F $OOTT #OIL @EPICtheAlgo
EPIC the Oil Algo called the top in oil almost to the cent ten weeks in advance. Not bad. $UWOIL $WTI $CL_F $OOTT #OIL @EPICtheAlgo
— Melonopoly (@curtmelonopoly) April 19, 2017
This morning “experts” still on TV “Buy #oil right now!” Ugh. I sat there thinking, you must have access to same chart models we have. #OOTT
This morning "experts" still on TV "Buy #oil right now!" Ugh. I sat there thinking, you must have access to same chart models we have. #OOTT pic.twitter.com/oNLKE9xPGW
— Melonopoly (@curtmelonopoly) April 20, 2017
Algorithmic chart model reset tonight. Massive data processing w aggresive downdraft today. @EPICtheAlgo ? $USOIL $WTI $CL_F $USO #OOTT #OIL
Algorithmic chart model reset tonight. Massive data processing w aggresive downdraft today. @EPICtheAlgo 🎯 $USOIL $WTI $CL_F $USO #OOTT #OIL pic.twitter.com/7kTgTbfpJ0
— Melonopoly (@curtmelonopoly) April 20, 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:
$TWLO Swing Trade going well. Trading 30.51. April 12 MACD turned up opened long 29.60 tight stop.
$TWLO Swing Trade going well. Trading 30.51. April 12 MACD turned up opened long 29.60 tight stop. pic.twitter.com/SFhzLaS6PK
— Melonopoly (@curtmelonopoly) April 19, 2017
$BABA Closed trade at 111.40 at target from 104.64 cost average #swingtrading
$BABA Closed trade at 111.40 at target from 104.64 cost average #swingtrading pic.twitter.com/dFvk6ilY9o
— Melonopoly (@curtmelonopoly) April 19, 2017
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 :
Gold. Sometimes simple charts better. #Gold $GC_F $GLD $XAUUSD $NUGT $DUST #Commodities
Gold. Sometimes simple charts better. #Gold $GC_F $GLD $XAUUSD $NUGT $DUST #Commodities pic.twitter.com/gPQwwWhhWf
— Melonopoly (@curtmelonopoly) April 19, 2017
Gold Miner’s $GDX:
For those buying GDX on war concerns. Gold production tends to collapse during wars. Resources diverted to war efforts.
https://twitter.com/PolemicTMM/status/853374500083294208
Silver $SLV:
NA
Crude Oil $USOIL $WTI:
Seasonality. Crude oil. $USOIL $WTI $CL_F #Crude #Oil
Seasonality. Crude oil. $USOIL $WTI $CL_F #Crude #Oil https://t.co/ct6jIXfsM6
— Melonopoly (@curtmelonopoly) April 14, 2017
Volatility $VIX:
$VIX Market Bottoms ? …. Is A Market Bottom Near? Watch For A VIX Spike Reversal – blog by @hedgopia
$SPY $VIX $VXX
$VIX Market Bottoms 🎯 …. Is A Market Bottom Near? Watch For A VIX Spike Reversal – blog by @hedgopia $SPY $VIX $VXX https://t.co/JELaLXDTdV
— Melonopoly (@curtmelonopoly) April 14, 2017
$SPY S&P 500 / $SPX:
A number of notable short-term extremes suggest $SPX is near a point of reversal higher.
A number of notable short-term extremes suggest $SPX is near a point of reversal higher. New from the Fat Pitch https://t.co/x8JPdGMjNP pic.twitter.com/R0PW6hghrq
— Urban Carmel (@ukarlewitz) April 14, 2017
$NG_F Natural Gas:
NA
Markets Looking Forward:
NA
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.
Sartaj: Pre-Market Chart Setup Review begins in five minutes
Curt M: Premarket chart review 9:05 start – waiting on a coffee brew sorry lol >>>>>>>>>>>
Sartaj: Okay
Curt M: Get any in here ya want to review pls.
Curt M: A lot of stragglers this morning.
Curt M: back in a few.
Sartaj: Anyone have requests? Nows your chance
Spiegel: it works
Curt M: thanks
sbrasel: chk ?
Curt M: Going to get coffee b r back
Sartaj: Okay, so far we have $CHK
Sartaj: Any other requests?
Curt M: On mic in 1 minute premarket chart set up review >>>>>>>>>>>>
Curt M: Hoping some stragglers get in here that need to be lol
sfkrystal: hi everyone first day here 🙂
Curt M: hey krystal
deb: mornin krystal
Spiegel: I took some SPY calls near the close yesterday. Projections of how far rally should go today or for rest of week?
Spiegel: Hey krystal. My 2nd day.
mat: XLE looks primed and ready. My main focus for today
Spiegel: $BVTK or $DOLV please
mat: XLE yesterday bottomed on a long tern channel going back a year and a half or so
mat: Here’s the 3 year weekly of what I was talking about in XLE http://tos.mx/FJXJdu
sfkrystal: love the technicals. pretty. $IDXG looks bearish for today?
Curt M: Premarket review complet>>>>>> on mic in 1 min for open
Sartaj: Hello, Gary
Curt M: On mic for open >>>>>>>>>>>>
gary y: good morning everyone
Curt M: Long $SNGX 1000 4.51
Shafique: in w ya
Flash G: $GS action
MarketMaven: In too
Flash G: $FB tape strong
Hedgehog Trader: enjoying your analysis Curt
Flash G: $BIDU big blocks
Curt M: Stop set 3.99
Shafique: $VHC momo
lenny: PRKR also
mat: manipulation at its finest on this one
mat: Clearly not all but those are some funny candles
mat: Gold getting smashed
Hedgehog Trader: $SINO shipper very low vol but chart looks great
Curt M: Long 4.57 3000
Curt M: Out 4.83 4000 shares
MarketMaven: holding
deb: nce play
sfkrystal: brilliant, thank you!
cara: yeeehaw
Spiegel: Excellent. I can see I joined the right room.
sfkrystal: yes me too, thanks again
Curt M: thanks guys and gals:) be back soon
Flash G: You youngsters will do well in here. Just follow the rules so you don’t get burnt. Stops always. #1
MarketMaven: Flash is the wisdom guy:)
lenny: I’m just adding this is going to be huge hahaha maybe hopefully – but nice play
Spiegel: Flash, I just wrote in black magic marker on a piece of paper in bold letters “USE STOP LOSS ORDERS ON EVERY TRADE!!!”
Flash G: Yes
Curt M: Sartaj you around?
Spiegel: Do you guys use sfixed % stops or do you base them on MA’s or on support?
gary y: stops take the emotion out of the trade
Flash G: Gary should be listened to btw – he’s no begginer
Sartaj: I am here
Curt M: I’m going to get on mic with a chart save how to use session for 10 mins at most if you’re ready
Sartaj: Okay, I’m ready
Curt M: need to ublish this for new users
Curt M: On mic 10:23 >>>>>>>>>>>> using tradingview charts
Curt M: Off mic back in 20 mins – running scans >>>>>>>>> 10:34 AM
MarketMaven: I closed btw big win might re-enter
Shafique: holding 50%
lenny: hold 30%
deb: enjoyed that thanks
Shafique: closed $SNGX
Sartaj: Algo target is on course for a direct hit, oil subs
Curt M: Leaderboard: $SNGX 72% $EGT 23.5% $CALI 14.5% $CAMP 14% $IMGN 12.6% $AIRI 9%
Shafique: EPIC is…. well yes EPIC
Sartaj: Excited for the coding phase
Curt M: wow serious bandwith challenge lol
Sartaj: There it is
Sartaj: Direct hit
Curt M: yup
Curt M: EPIC is EPIC haha
Sartaj: I think Spiegel must have made up for yesterday. He seems to have disappeared
Curt M: haha
Curt M: hopefully he made out ok
Flash G: Watching $VZ for possible entry
Curt M: My $DUST play is up again. 3 days in a row. nice
Curt M: I might add to $DUST soon – when Stoch RSI is at bottom on 5 min and curls up
Curt M: But MACD is too high and SQZMOM is turning down come to think about it
Curt M: $CBLI is back lol its up 14% trading at 3.97
Curt M: thats on watch again for afternoon
Spiegel: I was able to add your charts to my tradingview account no problem
Curt M: Nice. Hopefully that helps.
Spiegel: thanks
Curt M: No prob. A little technical helps.
Curt M: I look at technicals like a GPS lol
Curt M: #EIA report is over so $SPY could get lift between now and 2:40 IMO
Curt M: If $SPY holds green between now and pit close at 2:30 it will get lift for sure after 2:30 at latest – but it has to hold green.
Curt M: If it stays green and gets lift over that 20 MA then momo stocks will fly
Curt M: So be careful listening to bear chatter.
Shafique: For members that may not realize, when Curt puts that bull picture on Twitter, you know the momentum plays are coming. I think it was Monday he posted the bull again.
yehodap: but more now mysz
Curt M: Closing my $DUST and $DWT positions – nice profit – will re-enter again soon.
Curt M: EPIC called the top almost to the penny 10 weeks in advance – not bad.
MarketMaven: EPIC hahahahaha hasn’t missed
Curt M: $CBLI gonna run or what? off VWAP
Curt M: There is ZERO good about the $MYSZ chart. ZERO.
Sartaj: And FYI: http://finance.yahoo.com/quote/MYSZ/community?ltr=1
yehodap: MYSZ …..YES YES— AKK THE BAD AND ALL THE GOOD! THIS IS TOTAL MACHINE STOCK.
Spiegel: So for CBLI, a good buyback place would have been when stochastic started to turn up again at 5.07 OR wait for it to cross 8 ema at 5.13?
Curt M: That was your only warning Yegodap. No pumps or permanently banned.
gary y: thank you
Spiegel: and typing all in caps doesn’t make your point any stronger
yehodap: SORRY
yehodap: sorry
Curt M: 🙂
Curt M: Okay 2:47 lets get one
Spiegel: So back to CBLI. So a good buyback place would have been when stochastic started to turn up again at 5.07 OR wait for it to cross 8 ema at 5.13? Thanks.
Curt M: tough play
yehodap: cbli , put short xxxx stock .fo rmy eyes the stock can go back.
Curt M: give me a sec
Curt M: I don’t think I’ll trade it unless it changes.
Curt M: BUt I know 4 people in room are still in it
MarketMaven: It looks done for the day.
MarketMaven: Power hour may do something
Spiegel: Buying th stochastic turn up also coincided with a break up through a trendline drawn from the highs.
MarketMaven: true
MarketMaven: lol
Curt M: need to focus
Sartaj: Sorry to our members, we haven’t had to deal with something like that in the room before. I guess it was to be expected at some point.
Curt M: $SPY is at moderately important support FYI. Not critical but important.
Curt M: TL support. Diagonal. And algorithmic.
Curt M: Trading the new channel in oil pressure should provide a decent set of trades over coming days.
Curt M: Just realized my $DUST position was underwater – orginal position 1/5 caused that. Will be on post market report. But $DWT banked.
MarketMaven: I knew that I just thought you meant the second position was positive.
Curt M: lol ya
Curt M: Lots of resetting in the charts tonight wow.
Curt M: Nasdaq still green
Curt M: funny kinda
Curt M: I have peeps DMing me “what the f happened today” ummm oil hit resistance folks – big resistance EIC been saying biggest in more than ten years:)
Curt M: When oil gets near the 200 day you can expect rumors from OPEC
Sandara Q: yup
Curt M: Well they’ll hold $SPY up if they have to and oil may come off to 200 day but the rumors will start and we’ll go for another while. It’s all about trying to get oil through the resistance.
Flash G: Pretty much summarizes it.
Flash G: Until the oil bounce…. ?
Curt M: Morning momentums, shippers likely, OTC likely, trade oil down the channel until the bounce. Swing plays will be tough with exception of some selective ones. All my opinion of course.
Flash G: Selective swings like selective hearing
Flash G: I won’t expound
Leanne: my kids and dogs have selective hearing
Curt M: ha I think Flash was hinting too
Flash G: at least your husbands listens
Leanne: happy wife is a happy life says my husband
Flash G: kinda like loch ness
MarketMaven: omg
MarketMaven: Flash needs a drink
MarketMaven: Well that was a great week so far. Made my year.
Shafique: it was a great week maybe it will continue tomorrow
sbrasel_1: is Xiv a good swing trade at 64.55?
Curt M: i’ll look
Curt M: To trade $CIX what I do is wait for $SPY to get to it’s low – or support, Oil to be at support or low (on the timeframe you are trading) and wait for VIX to be outsideits upp bollinger band and preferrably at upside resistance on the downwar TL
Curt M: Sorry not CIX XIV lol
sbrasel_1: ok
Curt M: I’ll get you some numbers
Curt M: 229.60 on $SPY is where I’ll be targeting. With $VIX preferrably at upside resistance.
Curt M: I know 229.60 sounds aggressive but thats the number we have.
Curt M: And that algo has been hitting the upside and downside moves for months to the penny almost
sbrasel_1: Thanks
Curt M: no prob
Curt M: Only thing is if $SPY hits that number $VIX will likely be way over TL resistance lol but who knows
Curt M: On a daytrade may be different
Flash G: In large part Curt is right about managed markets. They will ikely find a way to hold $SPY near and OPEC rumors etc.It find some downside but not likely much. Then $XIV is the entry.
Shafique: That is the way I see it also.
Shafique: It all changed in 2009
Spiegel: Although Another OTC type we should have caught today is COTE. Amazing chart
Curt M: lol don’t tell me ugh
Spiegel: lol
Curt M: I’ll be studying OTC all night 🙂
Spiegel: give it a look
Spiegel: Right now the excitement is in the triple zero stocks
Curt M: Yes
Curt M: Typical for when markets are at extended highs in my experience should have known
Spiegel: that first bar with volume wouldve been perfect to get ini
Curt M: less than 2 hours ago
Curt M: 540%
Spiegel: not a bad return
Curt M: I’ll be up all night lol they’re hot
MarketMaven: Well you know me – throw the ball
Flash G: This will be fun to watch.
Curt M: $STUDY night
Spiegel: OTC pinx
Curt M: ya just checking the regs even theyre hot
Curt M: not like the pinks
Curt M: lol
Curt M: Tonight I’ll go through them and maybe swing at a few in morning
Curt M: Have a great night
MarketMaven: You too Curt
Shafique: Good night Israel!
Spiegel: Have a good one!
lenny: lol peace guys and gals! to all!
Curt M: cya
Sartaj: Peace
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Article Topics: $SNGX, $USOIL, $DWT, $GOLD, $DUST, $TWLO, $BABA – $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