Compound Trading Friday April 7, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $CCR, $CETC, $AKTX, $AKRX, $CLNT – $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:
Most recent lead trader blogpost: When You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.
Trade risk management psychology and mechanics is a discipline itself. I am convinced a small study library could be filled on the topic.
— Curtis 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…
— Curtis Melonopoly (@curtmelonopoly) April 1, 2017
If you missed it, here is the Previous Day Stock Trading Results Thursday April 5 (public):
Premarket Trading Plan – Watchlist (member) for Friday April 7 session can be found here:
Swing Trading Newsletter (member) is Published:
Review of Markets, Chat Room, Algorithm Charting, and Signals:
Thursday choppy seas #daytrading but ended up grinding out 2400.00 + #swingtrades that are rockin. Bit better than Tues and Wed at 1500 ish.
— Curtis Melonopoly (@curtmelonopoly) April 7, 2017
Premarket watch-list for me was all about:
Bears were on the prowl Friday premarket;
Hear bear roar.
— Curtis Melonopoly (@curtmelonopoly) April 7, 2017
$RIG Premarket. Posted this on watchlist a few days ago. #swingtrading #oil pic.twitter.com/jtIMnCHtkA
— Curtis Melonopoly (@curtmelonopoly) April 7, 2017
In play today in chat room and on markets:
I took a small paper cut on $CLNT to start the day.
Started the day with one of my favorite market technician’s giving me a shout-out, that was super encouraging!
And one of my trader’s good vibes – great community;
Thanks Scott. Enjoy your feed ! #FF Thanks for your input in the room! https://t.co/hKKaYtFTLn
— Curtis Melonopoly (@curtmelonopoly) April 7, 2017
We reviewed Gold $GLD, Gold Miners $GDX, Silver $SLV and Oil $USOIL $WTI charts in the room also.
$STUDY #swingtrading Going to review swing trade set-ups, oil, Gold etc in the room in 3 mins. Public welcome. https://t.co/OUpOtEs8rd
— Curtis Melonopoly (@curtmelonopoly) April 7, 2017
And $CCR, $CETC, $AKTX, $AKRX were the momentum plays on the day – the traders in the room were trading them but I stayed out of them because the wack a mole thing isn’t my trading style – I’ll trade anything, but if I can’t line up a target with some technical reasoning I have a difficult time pulling the trigger. So it was a quiet day for me. I managed my swing trades, did video reviews in the room and did some coaching and communicating with members etc.
Stocks, ETN’s, ETF’s I am holding:
$DVN Opened long swing trade yesterday 42.62 Premarket 43.30 #swingtrading #Oil Link w chart indicators for those that asked in next post. pic.twitter.com/ASN6sGRiZ6
— Curtis Melonopoly (@curtmelonopoly) April 7, 2017
I am holding (in order of sizing – all moderately small size to micro sizing) – $DVN, $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 |
| CCCR | 2.36 | 132.47% | 7267093 | Top Gainers | |
| CETC | 4.64 | 101.73% | 4022690 | Top Gainers | |
| AKTX | 18.50 | 26.71% | 1273214 | Top Gainers | |
| AKRX | 29.77 | 18.04% | 23993113 | Top Gainers | |
| ABAC | 2.66 | 16.67% | 85214 | Top Gainers | |
| GALT | 2.87 | 16.67% | 1707661 | Top Gainers | |
| DSX | 5.92 | 12.12% | 3733406 | New High | |
| MDSO | 63.69 | 6.51% | 2314768 | New High | |
| ARTNA | 35.70 | 5.03% | 53303 | New High | |
| RST | 11.24 | 5.64% | 343349 | New High | |
| AKTX | 18.50 | 26.71% | 1273214 | Overbought | |
| NORD | 27.90 | 1.49% | 179993 | Overbought | |
| CCCR | 2.36 | 132.47% | 7267093 | Unusual Volume | |
| CLNT | 6.72 | 0.00% | 18824057 | Unusual Volume | |
| CETC | 4.64 | 101.73% | 4022690 | Unusual Volume | |
| CHNR | 2.48 | 13.76% | 3660598 | Unusual Volume | |
| BSBR | 7.89 | -0.13% | 12723672 | Upgrades | |
| ALR | 43.05 | 0.12% | 513072 | Earnings Before | |
| TRC | 21.65 | -2.21% | 18083 | Insider Buying |
The Markets Looking Forward:
Fed. Unwinding 4.5 YUGE Ts #trillion What a tribe. https://t.co/nvyGQ40kKb
— Curtis Melonopoly (@curtmelonopoly) April 6, 2017
We have been warning folks (as a result of algorithm anomalies picked up) for sometime about significant resistance not far above in Oil and SPY so it will be interesting to see if we get through it. Here’s just some of the posts. The oil resistance cluster is much larger than the one identified on $SPY.
We notified members in most recent trading range over last week that our algorithm identified a divergence and to expect an interimn top.
— Freedom $SPY Algo (@FREEDOMtheAlgo) March 21, 2017
To be clear, our algorithm @FREEDOMtheAlgo alerted a $SPY anomaly recently. Which has us cautious until recent high taken out and confirmed.
— Curtis Melonopoly (@curtmelonopoly) April 3, 2017
I wouldn't get too excited long $SPY $ES_F $USOIL $WTI etc. until most recent highs are taken out and confirmed.
— Curtis Melonopoly (@curtmelonopoly) March 30, 2017
7 of… A break to upside of $SPY $WTI algo resistance would signal what can only be described as "unnatural" I suppose…
— Curtis Melonopoly (@curtmelonopoly) March 19, 2017
Algorithmic Chart Model Trading / News:
I have come to respect algorithmic chart modeling like a deep sea fishing vessel respects a weather forecast. #trading #charts #signals
I have come to respect algorithmic chart modeling like a deep sea fishing vessel respects a weather forecast. #trading #charts #signals
— Curtis Melonopoly (@curtmelonopoly) April 8, 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:
$ATTBF What a beauty! One of my favorite charts on all markets we trade and its OTC. I missed my buy lol but I know who got it:) #swingtrade
$ATTBF What a beauty! One of my favorite charts on all markets we trade and its OTC. I missed my buy lol but I know who got it:) #swingtrade pic.twitter.com/NqqZIehZQB
— Curtis Melonopoly (@curtmelonopoly) April 7, 2017
The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.
On Thursday we reviewed a number of swing trading set-ups in the room and published video snippets of each to YouTube, you will find some examples below and refer to our YouTube Channel for the others (many will be uploaded through the weekend);
$SXE South Cross Energy Partners Chart Review
$OIH VanEck Vectors Oil Services ETF Chart Review
$CHK Chesapeake Energy Chart Review
Intraday Energy Updates $USOIL $WTI $DVN $REI etc.
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.
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
— Curtis Melonopoly (@curtmelonopoly) April 2, 2017
Silver $SLV:
Silver Gold Platinum Palladium money pos. https://t.co/JGMkj0oLb8
— Curtis Melonopoly (@curtmelonopoly) April 2, 2017
Crude Oil $USOIL $WTI:
NA – see review video below.
Volatility $VIX:
$SPY S&P 500:
$NG_F Natural Gas:
NA
Live Trading Chat Room Video Raw Footage and Transcript:
2 Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2)
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.
Sartaj: Looks like some new faces
gary y: good friday morning everyone
Sartaj: TGIF, Gary
Curt M: Gonna punce on somethin today. Got fire in the belly lol.
Sartaj: Mic sounds good
Curt M: thx
MarketMaven: belly:) that you do
Sartaj: Interesting that the model would still respect a Fib extension despite the geopolitical upheaval – and still be right on target, on top of that
gary y: I was wondering about that Sartaj
Sartaj: We didn’t run any recalculations last night, either. If nothing else, awfully “convenient” if you ask me…
Curt M: Savvy….. I tagged you in a tweet re: sharing for room access 🙂
Curt M: On mic >>>>>>>>>>>>>>
Dan Dragt: HTGM again
Hedgehog Trader: hi all
Hedgehog Trader: Curt toldja miners
Hedgehog Trader: 🙂
yehodap: mnkd whats happen ?
Hedgehog Trader: silver had 7 closes above 200 dma
Hedgehog Trader: shorts were doomed
yehodap: clnt short …sorry…8.82 short.go out soon
optionsavvy: short some BAC here
optionsavvy: fwiw I am not tweeting trades I put in the room
MarketMaven: Sold $NUGT at open
MarketMaven: hi savvy:) and all
Sammy T: $CARA looks good
optionsavvy: GM Maven
Flash G: $XXII should run
Flash G: Watching some momentum stocks haha my swings are calm
optionsavvy: BAC is 23 Ps for today at .06 looking for a break of overnight low and a trade with a defined exit of 22.46 on the common
MarketMaven: $RGLD 200 day to upside on watch!
Flash G: Nice find
MarketMaven: $STUDY flash
MarketMaven: haha actually I got it from someone 🙂
Curt M: I’ll look at it in a bit for ya Maven 🙂
Curt M: Good swingtrade to review
Curt M: We are going to review Gold Oil Silver and other swing trades again today over lunch.
Sammy T: $DTII OTC long at open FWIW #defence
Curt M: $TGC Halt
Curt M: It’s an oil play
optionsavvy: we have caught sellers in night session on futures so I am playing a back to trade defined by night session lows on ES_F only
Dan Dragt: CLNT coming in
yehodap: clnt get short out – good profit !!!
Sartaj: Nice call, yehodap
Curt M: Nice one!
Flash G: skillz there congrats
Sartaj: RSI fell right off
yehodap: mnkd buy 1.382$
Curt M: $CLNT halt vol
yehodap: cknt buy again
yehodap: clnt
yehodap: i think to sell at 8.6-8.65$
Curt M: $CLNT long 8.14 1000
Curt M: Out 7.99 $CLNT loss
yehodap: out of SL 7.85$
MarketMaven: L $CLNT 7.91
optionsavvy: took myself out at .12 and .10 for a an avg of .11 and an +83% SPY looks like it wants to bounce
Curt M: $SSKN reverse split play FYI
yehodap: MNKD big v for until now
Curt M: Reverse split adjusted
Curt M: $SSKN not up 733% for those that don’t know – more like 100% ish at HOD
Leanne: Thanks Curtis
Sammy T: $FMC may be ready
yehodap: drys on the face …-27% more split go ahead
optionsavvy: watching for an IWM short now
Sammy T: $USRM coiling
optionsavvy: BPMX from morning WL breaking out here
yehodap: sell mnkd 1.48$ —waiting!!!
yehodap: byy byy mnkd all sell 1.48$
Curt M: Nice range in $MNKD this mornin
Kenzo: helllllllllllllllllllllooooooooooooooooo
Sandra: Closing $MNKD L nice win on snap back
Sartaj: Welcome
Kenzo: Thankyou
Kenzo: came to say hi
Sartaj: How did you find us? We’ve been getting a lot of newcomers lately
Sartaj: Ah, awesome
Sartaj: We’re running Gold and Oil Reviews later today
Kenzo: cool!
yehodap: OIL …I THINK DOWN…
Curt M: We’ll do some swing trade reviews too. Over lunch.
Kenzo: check out /ng
yehodap: CLNT GET SHORT AGAUN 8.35$
Sammy T: long mict
Leanne: running out, thanks Curtis, back for the swings
Curt M: kk
Kenzo: $RCON
Kenzo: $DEPO
Sammy T: $AUH 200 day on 15
Sammy T: $AUPH
Flash G: Really happy with $TSLA swing Maven
Kenzo: $FMC<74.5
MarketMaven: yes thank u:)
Kenzo: $DEPO>12.91
Flash G: Just about took a deep long in $GDXJ but didn’t – waiting until early next week like Curt
Flash G: Seems wise – I was late on it
Dave: $CJ short
Kenzo: stp out #FMC
yehodap: CLNT ..7.94$ GET OUT OF SHORT FROM 8.354.
Kenzo: $VII
Kenzo: is the room open to public?
Flash G: It is for today yes
Curt M: Yes
Kenzo: oka
Curt M: $DSX upgrade did them well
Curt M: Clean chart $DIX
Curt M: $DSX
OILK: Huge blocks $VXX
yehodap: CLNT BUT 7.7$ AVAREGE LONG
Sammy T: $CRNT offering
Kenzo: out $DEPO.. too slow for me
Sammy T: $CADC could go
Curt M: $CLWT halt
Dan: $DTII add
Kenzo: $CETC trooper
Sammy T: Love $CETC $AMD red lol
Flash G: $SPY rest 50 sma
Sammy T: $TEAR on alert low floater – tape active
Flash G: Another report of incident in Stockholm on the breaking 911 feed
MarketMaven: $BPMC long working (premarket)
Kenzo: $BLUE
Flash G: $BLUE tape strength – one of my swingtrades – holding
Kenzo: NICE
Dave: $RCII knfe catch?
Curt M: Flash is our resident swingtrading GURU – runs about 200% a year last 400 years bahahaha
MarketMaven: omg
Kenzo: $CHNR
Kenzo: $CHNR @ weekly 200
yehodap: CLNT ON THE MOVE AGAIN
Curt M: Nice volume on $CHNR that 5 min candle
Dave: $DTII ading
Curt M: Chart bot signalled buy on $CLNT there
Kenzo: CNTF
Kenzo: nevermind CNTF
Kenzo: all these low floats poppin
Curt M: Wack a mole
Dave: %ATTBF adding OTC also
Dave: $ATTBF
Kenzo: /CL<52.21
Curt M: $KBSF halt
Sammy T: $KBSF should be interesting
yehodap: CLNT BUY 7.75$ SELL 8.2$
yehodap: SELL CLNT 8.2$
Flash G: $VRAY 20 MA Swingtrade watch
Sammy T: $TEAR on buy out watch
Sammy T: Long $KBSF
Curt M: $KBSF off halt
Dan: low float mania haha
Curt M: $CNHR should be a decent ss
Sammy T: $TEAR thats my baby today
Kenzo: out /cl
Kenzo: CCCR
Kenzo: CCCR 1.58 resis
Kenzo: $TNXP 250k float
Sammy T: $THNXP on watch on one of monitors – like it
Sammy T: $TNXP
Sammy T: Thinking this afternoon maybe
yehodap: BUY TEAR …
Kenzo: bot $googl 837.5P@1
yehodap: BUY MORE TEAR
Kenzo: bot $CMG [email protected]
Flash G: I like that $CMG
Kenzo: BOT $TSLA [email protected]
Flash G: $TSLA one of my favs I like this guy
Flash G: haha
Kenzo: /NG<3.266
Kenzo: OUT NG
Kenzo: meh..haha
Flash G: lol
Kenzo: too many positions open..
Kenzo: haha
Sammy T: natural gas is f ee
I AM SAM I AM: Long $TEAR 1.3 other 2/3 probs later 1 oclock ish
I AM SAM I AM: 1.99 stop
Kenzo: clnt
Dave: What time is swingtrading review today Curt?
Curt M: noon est
Sartaj: About 45 min
Dave: doing oil and gold too?
Curt M: yepp
Dave: can i request?
Curt M: of course fire away
Curt M: I’m going on lunch – back at 11:45 EST
Kenzo: taking googl off
Kenzo: holding cmg and tsla
Kenzo: crap..haha
Sartaj: $LEDS volatility halt, 11:16 AM EST
Kenzo: BREAKING NEWS: Russia suspends military communication channel with U.S. in Syria.
Sartaj: $MXE new 52 week highs
yehodap: BREAKING NEWS: Russian warship entered the eastern Mediterranean and heading toward 2 U.S. Navy destroyers which launched missiles at Syria.
Sartaj: Saber rattling
Kenzo: cccr
Sartaj: $LEDS resumed 11:21 AM EST
yehodap: פךס םמ ערקשמ שרקש
yehodap: PLX ON GREAN AREA
Sartaj: Yes he was, Yeho
Sartaj: Deadly Stockholm truck crash looks to be ‘act of terror,’ Swedish PM says
Sammy T: lunch
MarketMaven: agree slow now hungry
optionsavvy: Russia fires a rocket and DOW -800 in a hurry
Kenzo: $PII
Kenzo: PII>78.80
Kenzo: OUT
Kenzo: not moving fast..meh
yehodap: http://usacommercedaily.com/2017/04/06/protalix-biotherapeutics-inc-plx-stock-technicals-are-in-the-neutral-area/
Sartaj: The U.N. Security Council holds a meeting on the U.S. cruise missile strikes on Syria.
Curt M: k back at noon
yehodap: MDGS WAKE UP …
Kenzo: $DELT poppin
Kenzo: over weekly candle
Kenzo: pivot at 2.20
Kenzo: MAJORITY OF U.S. SENATE VOTES TO CONFIRM TRUMP’S CHOICE OF CONSERVATIVE GORSUCH TO FILL SUPREME COURT VACANCY; VOTING CONTINUES
Kenzo: CPA
Kenzo: $CPA
yehodap: TEAR LAB OUT …BYYY BYY
Kenzo: $CCCR pivot 2.37 next 3.2
Sammy T: $CCCR monster muhahaha
Sammy T: Great alert btw on that
Kenzo: clnt
Kenzo: $CLNT
Kenzo: HALTED
Sartaj: $CLNT Volatility Trading Pause. Halt time: 11:53:12.
Kenzo: $CCCL @ 200D
Curt M: wow
Kenzo: HOLY
Kenzo: dang
Curt M: low float wack a mole today
Kenzo: yeah
Kenzo: $CCCL $3 pivot
Kenzo: $CLNT OPEN
Curt M: Going to be 10 mins sorry Sartaj running behind as usual
Kenzo: CLNT $10.83 PIVOT
Sartaj: $CLNT Resumed 11:58:12. Volatility Trading Pause. (Halted: 11:53:12)
Curt M: $GBSN yet another…. reverse split
Kenzo: CL<52.20
Sartaj: 52wk Highs: $BOE
Curt M: $BCEI halt
Sartaj: $LEDS Volatility Trading Pause. Halt
Curt M: sorry on phone almost done
Curt M: On mic in 1 min to review Gold >>>>>>>>>>>>>>>
Hedgehog Trader: $DUST showing a cement boots pattern
Hedgehog Trader: Curt what does silver show on your charts
Hedgehog Trader: Curt, silver has had 10 closes above 200 day moving average
Curt M: Ya Silver leader
Sartaj: Let me know when you’re ready to do miners
Curt M: I’ll do miner’s then Silver
Sartaj: 52wk Highs: $GOGL
Sartaj: $BCEI Resumed 12:24
Curt M: On mic in 1 min $GDX Mibers >>>>>>>>>>
Curt M: on mic in 2 mins with SILVER >>>>>>>>>>>>
Sartaj: Thanks
optionsavvy: ok ty
Curt M: Oil after Silver
Curt M: On mic in 1 min Silver review >>>>>>>>>
Curt M: Off mic on Silver review
Curt M: On mic for oil in 1 min >>>>>>>>
Curt M: On Mic for Oil Chart Review $USOIL $WTI >>>>>>>>>>>>>>>>
Curt M: Oil chart review completed>>>>>>>>>>> $USOIL $WTI
Curt M: Going to take 5 mins and snoop around markets for a trade
Sartaj: Taking a coffee break and then deploying to YouTube
Curt M: Thanks
Sartaj: Don’t forget to subscribe: http://youtube.com/c/CompoundTrading
The live trade snippets from last week can be found here https://t.co/nf8mdGT6hr I guess I should have mentioned that:) #trading #education
— Curtis Melonopoly (@curtmelonopoly) April 8, 2017
Cheers🍻 It's beer o'clock! #nationalbeerday Have a great weekend traders! Daily trade results https://t.co/nGEATPKgUb ….
— Curtis Melonopoly (@curtmelonopoly) April 7, 2017
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Article Topics: $CCR, $CETC, $AKTX, $AKRX, $CLNT – $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
