Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Wednesday Jan 11, 2017 – $MYOS, $FFHL, $TCCO, $URRE – $SPY, $GLD, $GDX, $SLV, $USDJPY, $DXY, $USOIL, $WTIC, $VIX, $NG_F…
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.
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.
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:
Official Launch: Three days down and on to day four! This Monday was our official launch! We’re out of beta phase and all algorithms published. If you want to watch a thirty year trading veteran in action with a 2 week challenge – to double his trading account in two weeks, come on in and take a look at how its done.
Big week coming🔥 Official Launch @CompoundTrading Monday🎉 All algorithms published for launch🚀 2 week double account challenge live🎥 #stocks pic.twitter.com/MGPCTAdDsx
— Melonopoly (@curtmelonopoly) January 7, 2017
https://twitter.com/CompoundTrading/status/818629447498792961
https://twitter.com/CompoundTrading/status/819339460907270144
SMS / Email Alerts: Our system was upgraded so all members will now start receiving them for each trade (morning momo trades may not have time to process alerts outside room fyi).
New Service Option: We now also offer a stand-alone trading room option (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00 /mth and w/ promo code is 1.22 per day.
New Service Option: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00 and w/promo code works out to just over 4.00 day.
New Service Option: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.
Feature Post: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.
Overview Perspective & Review of Chat Room, Algo Calls, Trades and Alerts:
So much happening this week I can’t possibly review every trade. Watch videos as Sartaj releases them for detailed account. I was in $URRE, $TCCO and more.
We’re winning.
Goal: Double accounts between now and when Trump sworn in. Range opening in our focus areas for scalps that will add quick. Start tomorrow.
— Melonopoly (@curtmelonopoly) January 5, 2017
Momentum / Noteable Stocks Today:
Ticker | Last | Change | Volume | Signal | |
MYOS | 6.82 | 424.62% | 16118400 | Top Gainers | |
FFHL | 3.72 | 103.28% | 665139 | Top Gainers | |
BIOC | 2.71 | 49.72% | 62916599 | Top Gainers | |
URRE | 3.19 | 41.78% | 25526100 | Top Gainers | |
DSCI | 6.95 | 39.00% | 21029441 | Top Gainers | |
ENPH | 1.44 | 27.43% | 3776300 | Top Gainers | |
MYOS | 6.82 | 424.62% | 16118400 | New High | |
DSCI | 6.95 | 39.00% | 21029441 | New High | |
KRNT | 16.80 | 20.43% | 1760600 | New High | |
DNN | 0.78 | 13.04% | 5179200 | New High | |
WOOF | 90.90 | 0.08% | 6896700 | Overbought | |
MYOS | 6.82 | 424.62% | 16118400 | Overbought | |
MYOS | 6.82 | 424.62% | 16118400 | Unusual Volume | |
DSCI | 6.95 | 39.00% | 21029441 | Unusual Volume | |
BIOC | 2.71 | 49.72% | 62916599 | Unusual Volume | |
ABE | 11.50 | 0.79% | 314200 | Unusual Volume | |
AEG | 5.58 | 2.01% | 1691900 | Upgrades | |
ISRG | 678.16 | 2.41% | 631900 | Earnings Before | |
MDSY | 1.02 | -0.97% | 156600 | Insider Buying |
Holding:
$DUST, $CBMX, $JUNO, $URRE, $TCCO
Looking Forward:
Winning. Double account in two weeks.
The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).
Announcements in Trading Room:
09:00 am Curtis M : Gainers: $DSCI 40%25, $BIOC 35%25, $TGTX 10%25, $AKAO 8%25, $ARWR 6%25, $UEC $URRE $GSS $RAD $MRK….. $UGAZ jiggy as with airlines.
Stock Chat-room Trading Transcript:
Miscellaneous chatter may be removed.
Sartaj buy / sell alerts below are for Curtis.
09:22 am Curtis M : $KBH reports aft close
09:23 am Mathew Waterfall : $BIOC explosion. Think this will be the daily runner
09:25 am Curtis M : $BIOC +45$DSCI +40$ENPH +18$TGTX +12$SGMO +9$AKAO +8$ETRM -19$NVDQ -18$TRCO -16$IMUC -14$GNVC -9$XGTI -9$ROKA$BRG
09:28 am Mathew Waterfall : $GNVC also watching close
09:34 am darnel p : $BMY long
09:35 am MarketMaven M : $GNVC shorting
09:36 am Sartaj Hundal : $BIOC LONG 1000 SHARES 3.16
09:37 am Mathew Waterfall : Dumpster diving some $USLV here
09:39 am Sartaj Hundal : That charting bot isn’t bad at all
09:40 am Curtis M : Stoppd $BIOC 2.95 loss 1000 shares
09:42 am Curtis M : That $BIOC stop I had sent over mic far before text in case anyone wondering
09:42 am Curtis M : I think its like minus 500 here outside
09:43 am Curtis M : Mathew Im lost – any ideas? Mic or on text fine lol
09:44 am Curtis M : $URRE wow I was in that ha
09:48 am Curtis M : Thanks Mat
09:48 am Curtis M : $BRG halt
09:51 am Mathew Waterfall : $CLF red/green showing some strength
09:53 am Curtis M : $TECK what a champ
09:54 am Mathew Waterfall : Seriously strong
09:54 am Mathew Waterfall : Feels like the big morning moves only last 15′ today instead on the usual 30-45 but I could be proven wrong
09:55 am Curtis M : $BIOC going on to 3x float ha
09:56 am Sartaj Hundal : $URRE LONG 1000 SHARES 3.13
09:59 am Curtis M : Going to hold 1000 shares $URRE through wash-out veyr likely because small order then rehit it
10:00 am Curtis M : Gold downdraft
10:00 am Mathew Waterfall : Yepp gold is getting smoked right now
10:01 am Mathew Waterfall : Ramping usd/jpy like it’s going out of style
10:02 am Curtis M : Funny Gold touched exactly Rosie resistance and backed off – good algo
10:08 am Mathew Waterfall : Trimming some $MIRN here at 2.15 from 2. the other day
10:08 am Mathew Waterfall : Will keep a portion as a runner with a trialing stop
10:12 am Mathew Waterfall : $OLN trim/trail here. Watching $ON with stop raised as well
10:19 am Sartaj Hundal : $URRE LONG 1000 SHARES 3.05
10:20 am Mathew Waterfall : $CLF jan20 10c’s out half at .26 from .13. Keeping half for the run with a stop at entry
10:25 am Cara R : Long $ONTX
10:26 am Sartaj Hundal : Bit of mic echo, Curt
10:27 am Sartaj Hundal : Just a bit better
10:27 am Sartaj Hundal : Try option B
10:27 am Sartaj Hundal : Yes
10:32 am Mathew Waterfall : Oil didn’t seem to like the pre numbers there lol downdraft right before the report
10:32 am Sartaj Hundal : Looks like a lot of people are exiting their positions in anticipation of the Trump speech
10:41 am Sartaj Hundal : $URRE OUT 1000 SHARES 3.33
10:41 am Sartaj Hundal : CORRECTION 2000
10:43 am Rob D : too bad no oil trades today nice crude pop
10:45 am Mathew Waterfall : Gonna run some scans and get ready for this speach. Back in a few
10:45 am Curtis M : Im not trading that cluster f
10:57 am Sartaj Hundal : $URRE LONG 3000 SHARES 3.86
10:59 am Dan Clarke : $urre long 6000 shares 3.84
11:01 am Curtis M : Thanks Dan appreciate the help
11:10 am Curtis M : going for coffee back in 15 min stops set in $URRE but doesn’t matter cause its going to 8.00
11:24 am Mathew Waterfall : $GDX at some important levels here. Waiting for it to firm before I think about adding
11:26 am Mathew Waterfall : And just like that lol
11:28 am Mathew Waterfall : $CLF fire
11:30 am Mathew Waterfall : $TLT rampage. Let’s go bonds next week 124’s need some juice
11:31 am Mathew Waterfall : Out a portion of $JNUG 8.5 from 8.11 looking for some pull
11:32 am Mathew Waterfall : $CLF stop hit on common 9.77 from 9.0X. Still holding half the 10c’s
11:35 am Mathew Waterfall : $SLV watching for 16 level. Important here
11:53 am Mathew Waterfall : Looking for a pullback in gold and silver here. Not sure if we get it but I expect this pop to keep fading
11:55 am Mathew Waterfall : Right on time. Will look at $JNUG and $USLV around LOD
11:57 am Mathew Waterfall : /ES run waek, I expect another short run or liquidation break
11:57 am Mathew Waterfall : *weak
12:00 pm Mathew Waterfall : Small order $JNUG 7.99 entry. Expect more weakness would be surprised if up from here
12:04 pm Mathew Waterfall : $GDX defending 22.1 as expected. Was hoping for a quick flush to lows
12:09 pm Mathew Waterfall : $USLV 12.86 again starter. Metals showing more strength here than I planned on but still think we are more likely to see a dump than a rocket from here
12:10 pm Curtis M : Long $URRE 6000 3.38
12:35 pm Mathew Waterfall : $CBMX pull. I’ll grab a few shares to join ya there Curt
12:38 pm Tyler H : $OPGN HOD
12:41 pm Mathew Waterfall : $SPX flush, metals bounce. $CLF holding strong and $AKS looking well. I guess we have our roatation for the time being
12:49 pm Curtis M : Assets compressed – pop coming market wide imo – looking at $VIX
12:50 pm Curtis M : PPT has to be on high watch next 9 days
12:50 pm Mathew Waterfall : $SLV HOD
12:51 pm Mathew Waterfall : I agree with compression, I’m not so sure about a pop up here though
12:51 pm Mathew Waterfall : Feels heavy to me
12:51 pm Curtis M : pop or drop ya either way lol
12:51 pm Curtis M : $SLV I missed was going to enter yesterday
12:52 pm Mathew Waterfall : I’ve been playing that through $USLV. Working well
12:52 pm Flash G : in $MYOS small
12:54 pm Mathew Waterfall : Will actually look for $USLV exit here. Still looking for a pull. Would reenter $USLV on $SLV clear and backtest of 16 or retest of LOD. I’m not in love with this range that we’re in
12:54 pm greg l : $TLT holding up excellent
12:55 pm Mathew Waterfall : Yepp Greg I’m a huge bond bull right now.
12:56 pm Michael P : $SNX 52 week highs
12:56 pm Mathew Waterfall : 12.86 to 13.15 on $USLV
12:56 pm Mathew Waterfall : Looking for reentry across the metals and miners trying not to be blinded by my bias here and hold all day
12:57 pm Mathew Waterfall : Out $JNUG as well
12:58 pm Curtis M : %JNUG jig
12:58 pm Curtis M : $JNUG flashed on scanner – wierd action there
12:58 pm Mathew Waterfall : Yea, couldn’t make a new high there though, either could $GDX which makes me think we go south
12:59 pm Curtis M : Heavy Res on seck for Gold
12:59 pm Curtis M : $OPGN tank
12:59 pm Mathew Waterfall : usd/jpy flush as well though. Assume it gets bought up we’ll see
01:01 pm Curtis M : Going to likely scap $TVIX $UVXY between now and Wed next week – we’ll see if thesis holds water
01:02 pm Curtis M : Gold res
01:02 pm Mathew Waterfall : I like that play. Should see plenty of vol in the coming weeks
01:03 pm Curtis M : If anyone in crude it is at apex of quadrant on daily which translates as serious resistance
01:04 pm Curtis M : If $USOIL gest thru apex next res is at 52.80
01:04 pm Mathew Waterfall : Well crap, wring about that metals and miners pullback
01:04 pm Curtis M : Gold thru symmetry res and at top of algo quadrant and fib res just above
01:07 pm Curtis M : If Gold gets thru here that is very bullish on back test or continuation – thesis for lift until next Tues Wed ish may play out
01:07 pm Curtis M : It sure looks angry
01:07 pm Mathew Waterfall : Yea it doesnt and usd/jpy has no parachute
01:08 pm Mathew Waterfall : Karoda will come along shortly I’m sure
01:08 pm Curtis M : Abe knows Trump angry too bahahaha
01:08 pm Curtis M : Kuroda yeah lol
01:08 pm Mathew Waterfall : haha couldn’t remember how to spell his name
01:09 pm Curtis M : Trump gonna have a goon squad – they all lawyered up today haha
01:09 pm Mathew Waterfall : He’s a smart guy, let the lawyer do the talking
01:09 pm Curtis M : oh my here goes Gold
01:09 pm Dan Clarke : Except Tillerson
01:09 pm Mathew Waterfall : WOW. $GDX major r/g move
01:09 pm Curtis M : Thesis in good order
01:10 pm Mathew Waterfall : Tillerson doesn’t care, he got a fat payout from $XOM
01:10 pm Curtis M : My $URRE ugh fark … kick truck
01:11 pm Mathew Waterfall : Just needed a Trump nuke comment to give it a push
01:11 pm Curtis M : lol
01:12 pm Mathew Waterfall : $TLT Jan20 124’s now over a 3 bagger
01:16 pm Curtis M : Yup Im actually holding
01:17 pm Sartaj Hundal : $TVIX LONG 7.07 1000 SHARES
01:17 pm Sartaj Hundal : oKAY
01:20 pm Sartaj Hundal : Sounds good
01:20 pm Sartaj Hundal : Will do
01:23 pm Curtis M : Not picking the right spots today jeez paying dues lol – u never stop paying entry
01:27 pm Curtis M : Wow Gold bounced off the top of that quad
01:28 pm Curtis M : This could get snakyyyy
01:28 pm Mathew Waterfall : Yea that thing is scary strong. And I am now looking for reentry
01:30 pm Mathew Waterfall : $SPY bouncing off of lower band here
01:30 pm Curtis M : wow
01:30 pm Curtis M : I was thinking Silver would be better but it hasnt cleared res
01:31 pm Mathew Waterfall : Nope. Still watching my $SLV levels and just sitting right under the 16 res
01:31 pm Mathew Waterfall : I’m looking for a backtest of 22.52-22.55 on $GDX. Not chasing right now
01:31 pm Curtis M : Silver gets up over 16.90 its gone
01:32 pm Curtis M : I might clear outta VIX play and go Gold or Silver snipes
01:33 pm Curtis M : $SPY sup 225.40
01:35 pm Sartaj Hundal : Be right back
01:36 pm Curtis M : You may not be able to see it on your monitor but there is a white dotted lne that green arrow is pinting too – $SPY is using that for drection / support intra
01:37 pm Curtis M : $SPY has a Fib res coming overhead
01:37 pm Curtis M : Thanks Sartaj enjoy lunch take your time
01:38 pm Curtis M : $SPY res here
01:43 pm Sartaj Hundal : Back for room alerts. Thanks
01:44 pm Curtis M : The trade that turns in to a swing lol fark
01:46 pm Curtis M : Quick lunch – its calm if you got “stuff” go at it u dont ned to be in here ts super slowww
01:47 pm Mathew Waterfall : Yea this is kind of boring. Rule number 1-Don’t trade out of boredom. Easy way to get chopped up and lose money. Preserve capital over everything else
01:47 pm Mathew Waterfall : Sounds simple but somethng many newer traders don’t fully grasp, I know I didn’t
02:01 pm Cara R : truth there
02:01 pm Curtis M : $GDX price target – possible
02:01 pm Curtis M : White arrow
02:02 pm Mathew Waterfall : $GDX trapped between the 9 and the 15 on the 5′. aSqueeze play
02:02 pm Curtis M : yup
02:03 pm Curtis M : Had someone just ask me why I allow some trades to become swings – I always have a plan or I would never do that – a plan going in critical
02:03 pm Curtis M : for example TVIX I will cut there is no plan beyond a trade ever
02:04 pm Curtis M : $URRE $CBMX $JUNO all have a plan
02:05 pm Curtis M : $TVIX there is no hold plan beyond 3 or 4 days max that can make sense – even one day is tight
02:06 pm Mathew Waterfall : Holding a levered Vix product is suicide
02:07 pm Curtis M : $JUNO I know what the plans for the company are – its undervalued. $URRE is a psychology play with a 6.67 PT and over shoot of 8 possible. And $CBMX has a nature. It spikes.
02:07 pm Curtis M : yup
02:07 pm Mathew Waterfall : You need such an outsized move to get profits over any medium-long duration
02:07 pm Jack D : Thank you guys I was wondering too.
02:07 pm Mathew Waterfall : By that I mean a couple days max though I don’t even like holding ON
02:07 pm Curtis M : yup
02:09 pm Curtis M : Fundamental 101 stufff but peeps need to kow – had someone admot to having no plan when coming in to room just following my trades – uh…. nope that happens and banned – one warning – you have to have a plan we can’t be responsible for your losses
02:10 pm Curtis M : If your a new trader and you don’t know how to develop a trade plan you have to know before trading real money – no ifs
02:12 pm Curtis M : out TVIX 6.89
02:12 pm Mathew Waterfall : Nice wedge in $GDX. May make a stab here
02:14 pm Mathew Waterfall : $JNUG small 8.58 against .48 stop
02:15 pm Mathew Waterfall : well that was quick lol no dice
02:20 pm Mathew Waterfall : Here’s my $GDX backtest I was expecting. Do or die
02:23 pm Mathew Waterfall : Like the respnse so far so I’m legging back in to $JNUG slowly
02:25 pm Mathew Waterfall : Nice call out of $MYOS flash. Thing is a ripper
02:25 pm Curtis M : ripper lol love that term
02:28 pm Curtis M : $SPY halt
02:28 pm Curtis M : Flash got skill
02:28 pm Curtis M : Trading view charts lol
02:31 pm Curtis M : Watching $MYOS and $SPU on my other monitor sorry cant get it in here
02:32 pm Curtis M : Unless Mat you can get $MYOS in here – dont worry about it tho if busy
02:37 pm greg l : In some $MDGS
02:39 pm Mathew Waterfall : Sorry don’t have a free screen for that
02:39 pm Mathew Waterfall : I’m down to two this week with computer issues
02:44 pm Curtis M : hey no prob lol
02:44 pm Curtis M : wow market rockin in some areas now scanners flashing everywhere
02:46 pm Mathew Waterfall : Yea I’m surprised after the lul we had this morning.
02:49 pm darnel p : $FFHL long here
02:52 pm Curtis M : Long $FFHL
02:53 pm Curtis M : Scaling in hard
02:54 pm Curtis M : Blocks of 1000 255 258 and 5000 average 259
02:54 pm Curtis M : Sartaj Ill confirm fills later
02:58 pm Curtis M : So Sartaj Im holding 7000 $FFHL and Ill have to wait until TD report after midnight for fills or call them in a bit
03:01 pm Curtis M : $MYOS could really gap in morning folks
03:02 pm Curtis M : Sorry $FFHL I mean
03:10 pm Curtis M : FFHL scaling out 7000
03:10 pm Curtis M : Looks like average 3.98 Sartaj will confirm
03:11 pm Curtis M : Free version $FFHL on tradingview works lol
03:12 pm Curtis M : But not pro
03:12 pm Curtis M : Gong to have to reset systems toight with alternate for broadcasting
03:13 pm Curtis M : Free chart delayed tho
03:14 pm Mathew Waterfall : Guess they don’t want you to spend any money with them
03:16 pm Curtis M : Strangest thing – oh well I’ll set alternate monitors to another back up service tonight for tomorrow
03:17 pm Curtis M : TD fills on these low floats wow complicated and not clear at all and the cue seems fd
03:18 pm Mathew Waterfall : I was seeing a crazy spread on $FFHL so I didn’t pull the trigger
03:22 pm Mathew Waterfall : I’m likely done for the day here. Watching the close in metals and miners as usual. No late momo plays as I don’t feel like donating any money this late in the day
03:24 pm Sartaj Hundal : https://www.tradingview.com/chart/MYOS/e19qbtDa-myos-one-day-one-minute/
03:24 pm Sartaj Hundal : https://www.tradingview.com/chart/FFHL/AJ5gT2Xc-FFHL-One-Day-One-Minute/
03:35 pm Sartaj Hundal : https://www.tradingview.com/chart/TCCO/2ywwOkRr-tcco-one-minute/
03:38 pm Curtis M : Long $TCCO
03:39 pm Curtis M : 3.14 small scaliing in 500
03:39 pm Curtis M : having fill issues again
03:41 pm Curtis M : L2 on $TCCO is my catalyst for HOD EOD buy – so just small
03:42 pm Curtis M : $URRE holding tilil next Wed if I have too
03:44 pm Curtis M : $$GEVO Form SC 13C
03:50 pm Curtis M : $TCCO adding small again here 500
03:54 pm Curtis M : 2.80 sorry sartaj
03:55 pm Mathew Waterfall : Would like a close over .53 here in $GDX. Would be very bullish IMO
03:55 pm Mathew Waterfall : North of .4 is fine though
03:56 pm Curtis M : I just discovered this fancy internet I have that’s lke 4 x cost may be chart prob
03:57 pm Curtis M : $GDX is not broken – nowhere near – bull imo
03:58 pm Mathew Waterfall : Yepp agreed.
04:00 pm greg l : peace kiddos
04:00 pm Mathew Waterfall : Not bad. Hope everyone killed it today. Back at it in the AM for more
04:00 pm Curtis M : Thanks for the help Mat Sartaj and others!
04:00 pm Curtis M : yup
04:00 pm Curtis M : night
Article Topics: $MYOS, $FFHL, $TCCO, $URRE – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading 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