Compound Trading Chat Room Stock Trading Plan and Watch List Wednesday Mar 7, 2018:  OIL #EIA, Trading Boot Camp $LTBR, $ANF, $MOMO, $APTO, $BA, $NFLX, $AOBC, $KO  – SP500, $SPY, $SPXL, $SPXS, $BTC, Bitcoin, Gold, $GLD, $GC_F, Gold Miners, $GDX, $DUST, $NUGT, OIL, $WTI, $CL_F, $USOIL, Volatility, $VIX , Silver, $SLV, US Dollar Index, $DXY … more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notices:

Notes in red text below are new comments entered specifically today (or recently important).

Today’s Live Trading Room Link:

http://compoundtrading1.clickmeeting.com/livetrading

Live Alerts for Oil, Gold, Swing Trading, Day Trading, Bitcoin are now available by following specific alert Twitter feeds.

Disclaimer / disclosure: Every subscriber must read this disclaimer.

Reporting and Next Gen Algorithms:.

BE SURE to get in to each private Discord server specific to your subscription as many of the updates as we go forward will be posted in there. This includes the SWING TRADING platform also.

IF YOU NEED A LINK / INVITE email or DM Sartaj!

Trading Boot Camp May 4 – 6:

Our next boot camp runs from May 4-6, 2018. Ten student limit. Discount code coach30 at checkout. Get in touch with us today for a free consultation. #coaching #consultant #trading #wallstreet https://compoundtrading.com/trade-coaching

  • In person with group at Boot Camp or take part live online in the training. We are also booking private online sessions.

Connect with me on Discord.

Recent Blog / Video / Social posts: 

#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …

How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube

How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST

Recent Mid Day Chart / Trade Set-Ups: 

No Crystal Ball? Watch this… EPIC Oil Algorithm #EIA $USOIL $WTI #OIL $USO $CL_F #OOTT #Algo

#SwingTrading Midday Review: $NFLX $BTCUSD $SPY $VCEL $COT $DXY #GOLD $GLD $SLV $USOIL $WTI

#SwingTrading Midday Review: $BZUN $SPY $COT $AMRC

Using the S&P500 to Confirm Momentum Correlates: $SPY/$BZUN Model Structures

Swing trading setups Jan 18 $FB, $SPY, $CNTF, $CTIC, $RIOT, $AES ….

Swing trade stock setups Jan 19 $SPY, $GSUM, $DXY, $MIND, $XPO, $ICPT…

Swing trade / daytrade set-ups for wk of Jan 22 $SPY, $FB, $ROKU, $DXY, $JUNO, $BTC.X, $FATE …

CRITICAL time cycle decisions SP500 $SPY, Gold $GLD, Oil $WTI, USD $DXY, Bitcoin $BTC.X and more…

Swing trading ideas & how I am managing $SPY $SPXL trade, structural trading $XNET, $SQ, $GDX …

Technical charting lessons here at market open $HMNY, $XNET, $SPY, $SEII, $INSY, $SLCA

Jan 9 Swing trading set-ups $XNET mid trade technical review, $GSUM, $SLCA, $SPY, $TESS….

Live $XNET trade $4267.00 gain. Swing trade entry and chart set-up at 40:00 – 54:00 min on video.

Jan 8 Swing Trading Set-Ups $AYI, $SPY, $SQ, $VRX, $AXON, $BTC.X….

Market Open Jan 8 Live Chart Model “On the Fly” $VRX, $SPY, $BTC, $LITD, $MYSZ, $INSY

Jan 3 Swing Trading Set Ups $SPY, $SPXL, $LTCUSD, $GLD, $APRI, $MNKD, $INSY, $TEUM, $NTEC, $LEDS …

Jan 2 Swing Trading Set-Ups $BTC.X, $SPY, $GDX, $XOMA, $JP, $INSY, $MNKD, $NTEC, $SKT, $RENN …

Recent Educational Videos:

Want to learn how to trade stocks for a consistent profit? Raw trading footage video library. https://www.youtube.com/channel/UCxmgJ3CfWHRBFFMpoHumZ8w … … #freedomtraders

Visit the Trading Educational and Analysis Play List at this Link on our YouTube Channel

Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch: 

Stocks making the biggest moves premarket: BA, NFLX, AOBC, KO & more –

Market Observation:

US Dollar $DXY trading 89.49, Oil FX $USOIL ($WTI) trading 62.31, Gold $GLD trading 1331.40, Silver $SLV trading 16.66, $SPY trading 272.88 last, Bitcoin $BTC.X $BTCUSD $XBTUSD trading 10595.00, and $VIX trading 19.9.

Recent Momentum Stocks to Watch: 

News: $APTO, $AYTU, $FIT, $IMMU, $INNT, $MNGA, $MTBC, $PIXY, $POTN, $SHIP, $RSLS

$IMMR *DJ Immersion Enters Into Multi-Yr License Agreement With Bosch
(Dow Jones 03/07 05:30:32)

Esperion’s high cholesterol med bempedoic acid successful in late-stage study –

Recent SEC Filings: 

Recent IPO’s: 

Earnings:

#earnings after the close today

$ADSK $ROST $URBN $TRXC $EDIT $TWRE $RUN $AVAV $HRB $CASY $ABM $PRMW $PTCT $CVNA $OOMA $IPWR $MED $RAVN $CASA $BOJA $SPPI $CYRX $KFY $HCI $HRZN $FOGO $TTOO $SOI $NOAH $RIGL $BXG $AJX $ARA $RGNX $WHLR $ZGNX $SHSP $QUMU

http://eps.sh/cal

#earnings for the week

$TGT $BZUN $YY $KR $MOMO $DLTR $COST $MYO $ADSK $THO $PLUG $ROST $ANF $CIEN $AEO $ZAGG $MRVL $TRXC $INSY $STRL $URBN $VCEL $BTE $FNSR $MEET $CARS $REV $DCI $BIG $KLXI $ACMR $MTLS $TECD $ARQL $AMRC $ATHM $BURL $GLYC $EDIT $FMSA

http://eps.sh/cal

Trade Set-up Alerts – Recent / Current Holds, Open and Closed Trades:

New alerts platform in transition. Full roll out in to next week.

Charts and Chart Set-ups on Watch:

#EIA #OIL price target in play as provided on wknd report (Tues hit perfect). EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

Oil. Algorithm, price, target, EIA, OOTT

#EIA #OIL price target in play as provided on wknd report (Tues hit perfect). EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

#Premarket Possible Breakout on Strong #Earnings

https://www.tradingview.com/chart/ANF/Xcct5Xtq-Premarket-Possible-Breakout-on-Strong-Earnings/



#Premarket Possible Breakout on Strong #Earnings by curtmelonopoly on TradingView.com

$LTBR Lightbridge psychedelic chart structure with specific buy sell triggers

https://www.tradingview.com/chart/LTBR/SslfoTPo-LTBR-Lightbridge-psychedelic-chart-structure-with-specific-buy/

$LTBR, chart, setup

$LTBR Lightbridge psychedelic chart structure with specific buy sell triggers at arrows. Big range likely. https://www.tradingview.com/chart/LTBR/SslfoTPo-LTBR-Lightbridge-psychedelic-chart-structure-with-specific-buy/

#Premarket Up-Channel Test on #Earnings $MOMO



#Premarket Up-Channel Test on #Earnings by curtmelonopoly on TradingView.com

Short – #Premarket Resistance Cluster Analysis on Cancer News $APTO



#Premarket Resistance Cluster Analysis on Cancer News by curtmelonopoly on TradingView.com

Per recent;

#Premarket Testing ATH’s on #Earnings – $BZUN chart



#Premarket Testing ATH’s on #Earnings by curtmelonopoly on TradingView.com

#Premarket Down-Channel Option Broken on MA Tests – $FRO chart


#Premarket Down-Channel Option Broken on MA Tests by curtmelonopoly on TradingView.com

$GNCA premarket up 25% trading 1.30 – Support resistance levels to watch. #premarket #trading

GNCA, premarket, trading, plan, chart

$GNCA premarket up 25% trading 1.30 – Support resistance levels to watch. #premarket #trading

$SQ Square is up 200 percent in the last year and has more room to run. Here’s why:

$SQ Square trading recent highs support – on watch going forward. #tradingplan

If Square $SQ holds area I will chart the time / price cycle targets and trading support and resistance points for swing trading members going forward. On high watch here.

$SQ, chart

$SQ Square trading recent highs support – on watch going forward. #tradingplan

#Premarket Ascending Wedge Option on 200 MA Test – $TGT chart

Per recent;

$NFLX How to trade the move with price targets #swingtrading

$NFLX, Netflix, chart

$NFLX How to trade the move with price targets #swingtrading

#Premarket Parabolic Curve on Positive Drug Trial – $CLSD chart

Oil Chart Resistance Intact Mar 4. 50% Fibonacci, mid quad on monthly. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT

oil, chart, resistance, fibonacci

Chart Resistance Intact Mar 4. 50% Fibonacci, mid quad on monthly. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT

Gold against underside of 50 MA on Daily Chart. Decision coming… $XAUUSD #Gold $GLD $GC_F

Gold, daily, chart, 50 MA, Resistance

Gold against underside of 50 MA on Daily Chart. Decision coming… $XAUUSD #Gold $GLD $GC_F

$SPY MACD pinch – on watch here as MACD daily predictable directional swing trade indicator.. Mar 4 1046 PM $SPXL $SPXS

$SPY, Daily, Chart, MACD

$SPY MACD pinch – on watch here as MACD daily predictable directional swing trade indicator.. Mar 4 1046 PM $SPXL $SPXS

Silver Indecisive – MACD Daily provides consistent trend directional trade indication and ROI. $SLV $DSLV $USLV #Silver

Silver, MACD, daily, chart

Silver Indecisive – MACD Daily provides consistent trend directional trade indication and ROI. $SLV $DSLV $USLV #Silver

$VIX Weekly Stochastic RSI trending down consistently now.

$VIX, Weekly, chart, Stoch, RSI

$VIX Weekly Stochastic RSI trending down consistently now.

Per recent;

Gold – Long drawn out process on the monthly. Decision coming… $XAUUSD #Gold $GLD $GC_F

https://www.tradingview.com/chart/XAUUSD/F8phaow9-Gold-Long-drawn-out-process-on-the-monthly-Decision-coming/

Gold, monthly, chart

Gold – Long drawn out process on the monthly. Decision coming… $XAUUSD #Gold $GLD $GC_F

Market Outlook, Market News and Social Bits From Around the Internet:

Economic Data Scheduled For Wednesday

If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80%+ in my trading – all publicly posted live trades).

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Intra-day Trading Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Charting Model Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: $APTO $AYTU $ADSK $MNGA $MOMO $TVIX $MTBC $CLSD $UVXY $ANF $SHIP $VXX $AMDA $SDOW $UGAZ $SPXS $SQQQ $X $JDST $DUST $PK $ESPR

(2) Pre-market Decliners Watch-List : $DLTR $BZUN $WTW $MDLZ $DG $INNT $UDOW $DGAZ $TWLO $UPRO $SPXL $ATHM $BBL

(3) Other Watch-List:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV), $BTCUSD Bitcoin.

(5) Recent Upgrades: 

Autodesk $ADSK PT Raised to $150 at Credit Suisse on 4Q Report; ‘ARR Ahead of Street Expectations’

(6) Recent Downgrades: $SCM $SITE $SMLP $SPKE $SPXC $STRL $SWK $TEDU $TGT $UNFI $UTX $VNO $WCC $WES $WGP $ETN $FTV $GDI $GE $GMS $HEAR $HON $IEX $IR $LGF-B $MMM $NBLX $PDM $RDC $RLJ $ROK $ROST $SAFE $ABM $AFI $AJX $AMWD $APLE $ATKR $BOJA $CR $CUZ $CVNA $CVX $CYH $DCI $DHR $DOV $DRH $DSW $ECR

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Algorithm Twitter feeds can be found here: $BTC (@CryptotheAlgo) $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct.  Our lead trader Twitter feed is here @curtmelonopoly and lead tech developer @hundalSHS.

Article Topics: Premarket, Watchlist, Stocks, Trading, Plan,  OIL #EIA, Trading Boot Camp $LTBR, $ANF, $MOMO, $APTO, $BA, $NFLX, $AOBC, $KO


Compound Trading Chat Room Stock Trading Plan and Watch List for Thursday August 24, 2017 $ANF, $PSTG, $XXII, $SHOP, $SSW, $FCAU, $PETS, $AMD, OIL, $WTI, $GDX, GOLD  – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX, BITCOIN, $BTCUSD… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notices:

Notes in red text below are new comments entered specifically today.

Today’s Live Trading Room Link:

http://compoundtrading1.clickmeeting.com/livetrading

Live Alerts for Oil, Gold, Swing Trading and Day Trading are now available only on either email and/or by following alert Twitter feed. If you did not get an email send an email to info@compoundtrading.com and ask Sartaj to get you info. Most of those I spoke to are opting for email only, but the Twitter alert system is available for those that want it.

Disclaimer / disclosure: Every subscriber must read this disclaimer.

Private Fund / Personal Trading Going Forward:

I am now also trading for our private fund which will bring some slight changes.

The financing or our business build-out was planned to occur by way of either retail memberships, institutional memberships or private fund trading. The retail market is still early and slow on the uptake of the requirement toward #IA intelligent assisted trade (within six years our estimation is that most retails traders will all need it, but until then we’re not waiting and we’ll just be ready on the other side of that awareness curve). The institutional membership growth has been strong and to be sure we meet our growth trajectory goals (development completion timeline targets for launch of digital “intelligent assistance” #AI algorithm models) we are engaging the implementation of our private fund.

A few things of consideration:

  1. Following my trades is never condoned. Trade alerts are for the purpose of alerting awareness to something important occurring so that a member can form a thesis of trade and they are also for the purpose of learning when I win and win I fail. This (following trades) will be more difficult going forward because my frequency of trade will considerably increase.
  2. Trade Alerts. The trade alerts (swing and day) are not guaranteed at any time (in and/or out) however, it is important to note that with a much higher frequency of trade I will be alerting only those trades I expect to last a few hours or longer. If you ask me for targets or thesis type questions on the alert feeds or otherwise it is unlikely you will receive a response. Trade review videos will be posted for that purpose as required.
  3. Type of Trades. I will be trading the algorithm models (the six we have), day trading and swing trading for the fund.
  4. Trade Sizing. When I alert to the trading room or on a feed I will be alerting the size only specific to the membership base trading. In other words, the size of trade for our private fund will not be disclosed.
  5. ROI Objective. I will be trading under the goal / target of returning 100% per month (which is near impossible, especially for the 24 month period I will be trading). 50% would be very good and 25% is my minimum goal. So at minimum I am looking for 25% ROI per month compounded over 24 months. The fund size and/ or members will not be disclosed.
  6. Term of Project. The term is 24 months (as mentioned above). It is a personal & stakeholder legacy fund / goal retirement project. Others I train as we progress will continue the legacy fund thereafter (as will they continue with our trading services at large).
  7. Trading Platform on Screen. You will see at times (when I am trading my small daytrading account) my actual IB trading platform on the screen. When I trade my accounts (any of them) they are connected to various other private fund accounts (at different percentages etc).
  8. Sizing Considerations. Because I am also trading for the private fund, there will be trades I cannot take that I may otherwise take because the fund trade size will make it difficult for me to chip in and out of and other related liquidity issues.

Reporting and Next Gen Algorithms:

EPIC Oil $USOIL $WTI algorithm is now considered complete and ready for coding phase, Rosie Gold $GLD $GDX algorithm model is complete Gen 3 and has entered Generation 4 modeling (that is EPIC the Oil Algo level), $SPY, $SILVER and $DXY Generation 2 models and $VIX Gen 1 are delivered. $Bitcoin $BTCUSD #crypto to be released Sept 1.

New GOLD alerts Twitter feed is @GoldAlerts_CT.

New Crypto alert Twitter feed, regular public Crypto Twitter feed and Crypto trading room on-deck. Crypto subscription details on shopping page this weekend on website.

Post market catch up posts still on to do list (we have about fifty from last quarter to post for transparency). Hopefully going forward now that we aren’t releasing any new algorithm models etc I’ll be able to get the rhythm of reporting cycle fluent / regular. It was the development / math etc of the models that took most of the energy so it should be good going forward. Between now and Christmas we’re just locking in what we have tighter and tighter so it sounds like a good plan:)

Master Class Charting Series Webinars:

This week Master Classes are Tues – Fri 2:00 in main trading room (yes, in main room).

Master Class 2:00 PM every Tues, Wed, Thur, Fri from 2 PM to 3:30 PM until complete. All members receive a copy in their email inbox as we progress. Full series will be posted to website at a cost of 2999.99. Early adopter members receives it free.

Attendees to next Master Classes being held in Dominican, Columbia and Panama attendees will receive 50% credit to off-set travel costs. Limited space FYI.

Connect with me on Discord.

Recent lead trader blog / video / social posts:

Master Class Videos will be sent to email soon.

How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube

How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST

Recent Mid Day Chart / Trade Set-Ups:

Recent mid day chart set-up videos will be sent to email soon.

Aug 11 Trade Set Ups $SPY, $BTCS, $BTSC, $BITCF, $CALA, $ERGX, $USOIL, $SGMO, $TWLO, $AAOI

Aug 9 Trade Set Ups $BOFI, $ACHN, $AMMJ, $USOIL, $WTI, $GLD, #GOLD, $XIV, $CBLI …

Aug 8 Mid Day Trade Set-Ups $TWLO, $USOIL, #GOLD, $VRAY, $KORS, $OMVS, $BSTG, $XXII, $ESPR…

Recent Profit and Loss Performance:

Q2 2017 Swing Trading Results are available here: P/L Realized Gains: $99,452.00 Percentage Portfolio Gain 105.74% (~35% per month)

https://twitter.com/CompoundTrading/status/895889454212108289
https://twitter.com/CompoundTrading/status/895492181699571712

Trading Plan (Buy, Hold, Sell) and Watch Lists.

Morning Momentum Stocks on Watch: $ANF, $PSTG, $XXII, $SHOP, $SSW, $FCAU, $PETS, $AMD, OIL, $WTI, $GDX, GOLD

Market observation / on watchOil $USOIL $WTI bullish, $DXY US Dollar support area, Gold / Silver awaiting Jackson hole (some chart divergence signals may see break to upside – we will see). $SPY under pressure in recent days, $BTCUSD love it, and $VIX “stupid is what stupid does”  – there is a general time / price cycle terminating early to mid Sept (Sept 9)… so I am watching closer as summer rolls on.

OTC on watch: $RMRK, $OMVS, $BSTG, $AMMJ, $HEMP, $BITCF, $BTCS, $BTSC, $GAHC

Recent SEC Filings to Watch: $KL – buying

Some Earnings On Deck: $ACET $ADSK $AVGO $BRCD $GME $MRVL $OOMA $OSIS $PSTG $QADA $SPLK $UEPS $ULTA $VEEV $VMW

Recent / Current Holds, Open and Closed Trades: Yesterday was a great day in the room and the videos I will get posted as soon as possible. Lots of winning lately. Oil bug win and $PETS and $AMD on daytrade small account build yesterday. Previous notes: Yesterday I closed $UWT daytrade for small win, large oil trade for win, small Gold trade for win and small loss in $TVIX. Recently $XIV I closed in premarket for small gain, still holding some position from previous, $UGLD (closed in premarket July 31 small gain), $FEYE (closed for nice gain), $SRG (closed for nice gain), $NFLX (closed for huge gain), $IPXL (closed for gain), $AKCA (closed nice gain), $MCRB (closed small gain), $WMT (closed excellent gains), $UUP (closed small loss), $BWA (closed tiny loss), Holding: $XIV and new entry $AMMJ. All other holds are small size (less than 4% of day trading account on total) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $LIGA (all not including select swing trading or algorithm charting trades).

Recent Chart Set-ups on Watch:

$SHOP, $RSX, $BBRY, $SSW, $XXII, $ITCI, $SENS, $GTHX, $HGN, $EXTR are some others… but there are many right now. Huge swing trading updates soon.

$TSLA on 100 MA, $GDX over 200 MA, $AMD on 200 MA, $KL huge insider buying.

See mid day charting trade set-up reviews on You Tube (member only on email also FYI).

We are working on these (if listed) and others in Mid Day Review in trading room. If you can’t be in there you can catch the review on the raw video feed we post to You Tube of each trading day. Many of the mid day reviews are published “private” for members only so be sure to watch your email inbox for these among other member only videos.

Market Outlook:

Lots of set ups.

Market News and Social Bits From Around the Internet:

8:30am
Initial Jobless Claims

9:45am
Bloomberg Consumer Comfort Index

10am
-Existing Home Sales
-NatGas #

11am
KC Fed Mfg Survey

 

If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80%+ in my trading – all publicly posted live trades).

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Intra-day Trading Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: $MOSY 21%, $SIG 16%, $CO $ANF $GES $LTRX $MIK $DLTR $SHLD $WSM $BURL $CWEB $FCAU $NPTN $PVH $CRH $OMER $OCLR $TIF I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List : $TOPS $IMNP $HRL I will update before market open or refer to chat room notices.

(3) Other Watch-List: $GDX over 200 sma, $PSTG earnings day, $XXII set-up, $SSW set-up, $SHOP break out, $PETS wash-out, $AMD set-up, $ANF premarket mojo under 200 ma and 100 ma, $FCAU break out.

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Recent Upgrades: as time allows I will update before market open or refer to chat room notices.

(6) Recent Downgrades:  as time allows I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct.  Our lead trader Twitter feed is here @curtmelonopoly and lead tech developer @hundalSHS.

Article Topics: $ANF, $PSTG, $XXII, $SHOP, $SSW, $FCAU, $PETS, $AMD, OIL, $WTI, $GDX, GOLD – $USOIL, $WTI, $GLD, $GDX, $SPY, $DXY  – $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Premarket, Watchlist, Stocks, Trading, Plan, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, BITCOIN, $BTCUSD


Compound Trading Chat Room Stock Trading Plan and Watch list for Monday July 10, 2017; $PIXY, $ANF, $CARA – $XIV, $AAOI, $ARNA, $WMT, $NFLX, $UUP, $SSH, $LGCY, $TRCH, $ESEA, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notices:

Notes in red text below are new comments entered specifically today.

Today’s Live Trading Room Link:

http://compoundtrading1.clickmeeting.com/livetrading

Live Alerts for Oil, Swing Trading and Day Trading are now available only on either email and/or by following alert Twitter feed. If you did not get an email send an email to info@compoundtrading.com and ask Sartaj to get you info. Most of those I spoke to are opting for email only, but the Twitter alert system is available for those that want it. Disclaimer / disclosure: Every subscriber must read this disclaimer.

Reporting and Next Gen Algorithms:

Swing newsletters will be Tues, Wed, Thurs this week.

The next gen Gold Algorithm is out and will get a $GDX add-on upgrade over the next week. Price increase will be announced within a week or so.

$SPY and Silver next gen algorithms are on deck to be released over the next week. $DXY is out and $VIX will remain conventional.

EPIC the oil algorithm charting is out and a complete report will be released this evening. A video webinar is also on deck soon to review recent trades.

Post market catch up will start tonight now that the algorithm time intensive work is mostly done.

Quarterly PL’s are in process.

Master Class Charting Series Webinars:

I have spoken to many members and many have issue with this week. So I have set it off one week (it can’t be delayed again past then) and the webinars will be next week Tues, Wed, Thur, Fri from 2 PM to 3:30 PM.

Connect with me on Discord and lets take this up a notch!

Recent lead trader blog / video / social posts:

July 7 Midday Trade Set-Up Charting – $PLSE, $AAOI, $GOLD, $WTI, $ARNA, $DXY, $THC, $RTNB, $CARA …

Oil trading room session #oil #oott $WTI $USOIL $CL_F #CL $UWT $DWT $USO $UCO

Master Webinar Schedule. All events listed here are subscriber access only unless otherwise specified.
https://twitter.com/CompoundTrading/status/874160073685188608

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.

Trading Plan (Buy, Hold, Sell) and Watch Lists.

Morning momentum stocks on watch so far:  

Bias toward / on watch: $ANF rumors on a buy out deal, $PIXY strong tape and gap, Continuing to watch $CARA for possible bounce, bit of a rally in bonds overnight, Oil $USOIL $WTI came off hard in overnight trade and looking for an interim bounce, $DXY US Dollar as noted previous has held support area and could get significant lift, and Gold / Silver as expected continue under pressure. $SPY floating along and $VIX nothing new.

OTC on watch: 

Gapping Premarket: $PIXY interesting gap

Recent Momentum Stocks to Watch:

Recent SEC Filings to Watch: $PSTG CFO continues to dispose of shares FYI.

Earnings On Deck: $CUDA $SLP $WDFC

Holds (specifically on day trading side): $AAOI, $ARNA, $NFLX, $WMT, $XIV, $UUP test starter swings. All other holds are small size (less than 5% of day trading account on total) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $LIGA (all not including my swing trading or algorithm charting trades).

Some Recent Chart Set-ups on Watch: See mid day reviews on You Tube. We are working on these (if listed) and others in Mid Day Review in trading room. If you can’t be in there you can catch the review on the raw video feed we post to You Tube of each trading day.

$PIXY premarket up 8.55% after 24.75% Friday

$PIXY, premarket, trading, plan

$PIXY premarket up 8.55% after 24.75% Friday

Market Outlook: 

I was bullish Friday (and it did get bull momo) but undecided / not so much today. We will have to see. Earnings are soon and it seems they will be positive for the most part so who knows. Market could rev up again soon.

My bias is to a bullish finish to week.

Market News and Social Bits From Around the Internet:

10am
Labor Market Conditions

3pm
Consumer Credit

$VRX Reiterates Expectation to Pay Down $5B in Debt From Divestiture Proceeds and Free Cash Flow

$CYTX American Medical Association Approves New Category III CPT Codes Describing Cytori’s Scleroderma Therapy

$RXDX Receives FDA Orphan Drug Designation for Entrectinib for Treatment of NTRK Fusion-Positive Solid Tumors

$NLNK NewLink Genetics Receives Notice of Allowance from USPTO Covering Indoximod Salts and Prodrugs https://globenewswire.com/news-release/2017/07/10/1041932/0/en/NewLink-Genetics-Receives-Notice-of-Allowance-from-USPTO-Covering-Indoximod-Salts-and-Prodrugs.html …

$PBMD – Prima BioMed Announces Approval for Initiation of ‘INSIGHT’ Clinical Trial in Germany

$RETA Reata Pharma Receives Orphan Drug Designation for Bardoxolone Methyl, Expects Phase 2 Data… $RETA https://pro.benzinga.com @benzinga

$OPHT and $NVS amend Fovista agreement ahead of data from Phase 3 trial of OPH1004 in wet AMD
http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=12167723&RcvdDate=7/10/2017&CoName=OPHTHOTECH%20CORP.&FormType=8-K&View=html …

Cellectis: Calyxt Announces Proposed Initial Public Offering of $100.0 Million http://dlvr.it/PTWSDt

FDA grants accelerated review for Lilly’s breast cancer candidate abemaciclib https://seekingalpha.com/news/3277640-fda-grants-accelerated-review-lillys-breast-cancer-candidate-abemaciclib?source=feed_f … #premarket $LLY

 

If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Intra-day Trading Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: $MYCC 30%, $PLX 13%, $CETV $DRAD $DSLV $MDGS $AVEO $DWT $DUST $JDST $GOGL $UGAZ $XLNX $SAND $UN $AMAT $NVDA $AMD I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List : $ITEK -51% $OCUL -14% $DRYS -9% $DGAZ $USLV $UWT $GEF $UCO $SRNE $KOLD $RIO $DO $BBL $INTC $SLV $LYG $SHPG $TVIX I will update before market open or refer to chat room notices.

(3) Other Watch-List:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Recent Upgrades: $XLNX $CAVM $ARNC $SAND $JNPR $BIVV $ACC $AIV $HTLD $WERN $WFM $KEY $SRC $AMH $HPQ $BDN $PAGP $PAA $PYPL $VNO $CHFC $SO as time allows I will update before market open or refer to chat room notices.

(6) Recent Downgrades: $INTC $WAT $HDS $MORE $SNPC $FIVE $OFC $AIV $PAYC $COST $PGRE $NBLX $SUN $SBRA $MMP $RICE $PHM $MEDP $CPN $MEDP $LMAT $WTFC $PKG as time allows I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct.  Our lead trader Twitter feed is here @curtmelonopoly and lead tech developer @hundalSHS.

Article Topics:  $PIXY, $ANF, $CARA – $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD


My Stock Trading Plan for Monday Dec 5, 2016 in Chatroom. $GOLD $SILVER $USOIL $WTI, $USD/JPY $SPY $VIX $NATGAS … more.

Welcome to the Monday Wall Street trading short day session! This is a complimentary premarket newsletter along with our first Monday of the month free trading room access!

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: $CGIX $FRP $BLCM $UGAZ $HTBX $TRIL $LBIO $FGP $CHMA $VNR $BOIL $NAK $KEM $CEMP $BAK I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:  I will update before market open or refer to chat room notices.

(3) Other Watch-List: $SGY (current swing), $CBMX (current swing), $JUNO (current swing), $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $URBN (previous wash-out on news).

(4) Regular Algo Charting Watch-List: Gold $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F), Natural Gas ($UGAZ, $DGAZ), S & P 500 $SPY ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

S & P 500: $SPY ($SPXL, $SPXS)

Outlook: My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook: Looking for an entry a full levels down 12.2 long.

Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Inflection point. No clear direction. $USD/JPY not backing off yet. Our $DXY algo had 100.50 as a PT so I’m watching. Lots of fundamentals at work here and geo.

My Trading Plan for Currencies / Global Markets:

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

Waiting for a long trade confirmation.

My Trading Plan for Gold:

Per previous;

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver:

Per previous;

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $CL_F)

Refer to EPIC’s Twitter feed.

Outlook: Per previous

We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: Oil equities.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas: ($UGAZ, $DGAZ):

Pre previous;

As I said, was waiting for 3.10 with back test. I was also waiting for it to get up over 200 on 1 week and back test. Looks like it could be a break-out!

$NATGAS

$NATGAS

Study:

Watch that $SKLN wash out snap back trade on YouTube I posted if you want to learn your indicators!

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $SGY, $SKLN, $ANF, $JUNO, $URBN, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS

 


My Stock Trading Plan for Thursday Dec 1, 2016 in Chatroom. $GOLD $SILVER $USOIL $WTI, $USD/JPY $SPY $VIX $NATGAS … more.

Welcome to the Thursday Wall Street trading short day session! There isn’t much new here – we’ve been unusually busy with algos! When free time allows today we will be reviewing algos in the room etc.

Algo work – EPIC is going to Patent this Monday – expect significant price increases this weekend. We will grandfather existing subs – yes. EPIC also is going to have 24 hour room of his own and futures trading starting sometime Jan. GOLD and SILVER algo price increases this weekend also. DXY SPY VIX beta algos published over coming days not weeks.

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Shippers, Energy, $BLUE $CLRB $BSTG $CBK $CLC $DRYS $GLBS, $DCIX $COTV $LEI $SDRL $SKX $UGAZ $UWTI $QIWI $WLL $CS $CHK $OAS $JDST $UCO I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: $ARDM I will update before market open or refer to chat room notices.

(3) Other Watch-List: $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $JUNO (previous wash-out on news) $URBN (previous wash-out on news).

(4) Regular Algo Charting Watch-List: Gold $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F), Natural Gas ($UGAZ, $DGAZ), S & P 500 $SPY ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

S & P 500: $SPY ($SPXL, $SPXS)

Outlook: My bias is still to new highs – I warned Friday of a pull-back and it could be here and Monday morning and it came. I’m looking for a long entry soon. I’m thinking we don’t see it cool again until near Christmas – we’ll see.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook: As warned Friday volatility was getting cheap and a pop was imminent and we got it. I expect volatility to get crushed between now and Christmas. Again, we’ll see.

Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Inflection point. No clear direction. Our $DXY algo had 100.50 as a PT so I’m watching. Lots of fundamentals at work here and geo.

My Trading Plan for Currencies / Global Markets:

Per previous;

$UUP (long US Dollar) seems to be a bit extended obviously, so this opportunity is a tad long in the tooth if you ask me – same with $USD/JPY. So for $GOLD and the miners $GDX watch the $USD/JPY closedly.

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

Review Rosie the Gold Algo posts. We’re waiting for a market direction and then algo will calculate targets.

My Trading Plan for Gold:

Per previous;

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

 

Same as Gold – we’re waiting for a decision from market so we can get algo targets.

My Plan for Trading Silver:

Per previous;

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $CL_F)

 

Refer to EPIC’s Twitter feed.

Outlook: Per previous

We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: Oil equities.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas: ($UGAZ, $DGAZ):

Pre previous;

As I said, was waiting for 3.10 with back test.

BUT there is the 200 day on the 1 week chart – omminous! It could be resistance.

Study:

Watch that $SKLN wash out snap back trade on YouTube I posted if you want to learn your indicators!

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $SKLN, $ANF, $JUNO, $URBN, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS

 


My Stock Trading Plan for Tuesday Nov 29, 2016 in Chatroom. $SKLN, $JUNO, $ANF, $URBN, $GOLD, $SILVER, $USOIL $WTI, $USD/JPY $SPY $VIX $NATGAS … more.

Welcome to the Tuesday Wall Street trading short day session!

Algo work – As of right now our algorithms are calculating and we have posted updates for EPIC the Oil Algo, Rosie the Gold Algo and SuperNova Silver on this blog this morning.

We are working on $SPY, $VIX, $DXY algo blog posts now and will be ready for release this week.

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter if I have time).

I posted a video series this weekend on wash-out snap-backs.

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: $CYTR $CBMX $OCUL $MIME $DWTI $HTBX $P $JDST $TIF $DUST $SCO $ZTO $PZRX $FBR $DGAZ $AMD $BCS $DB I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: I will update before market open or refer to chat room notices.

(3) Other Watch-List: $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $JUNO (previous wash-out on news) $URBN (previous wash-out on news).

(4) Regular Algo Charting Watch-List: Gold $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F), Natural Gas ($UGAZ, $DGAZ), S & P 500 $SPY ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

S & P 500: $SPY ($SPXL, $SPXS)

Outlook: My bias is still to new highs – I warned Friday of a pull-back and it could be here and Monday morning and it came.

$SPY

$SPY Intra Day Trading – White arrow was alert on blog of imminent pull back.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook: As warned Friday volatility was getting cheap and a pop was imminent and we got it.

$VIX

$VIX White arrow was blog post warning of imminent elevation in price.

I expect volatility at market inflection points and then continue to get crushed. Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Outlook: From yesterday blog

“As I warned last week “Be careful here now because the $USD/JPY chart (although not broken and still bullish) is showing a rounded top forming. So the chart is changing now – caution IMO. It did also hit a Fib extension and bounced off a Fib support and is sitting between two Fib points”.

Watch it close – I expected a pull-back but expect it to run again.”

It’s running again.

$USD/JPY

$USDJPY Blog at first arrow warned of pull-back and at second arrow that it could take off again.

My Trading Plan for Currencies / Global Markets: $UUP (long US Dollar) seems to be a bit extended obviously, so this opportunity is a tad long in the tooth if you ask me – same with $USD/JPY. So for $GOLD and the miners $GDX watch the $USD/JPY closedly.

Emerging markets should be watched close now very closely IMO ($EEM, $EEV, $EDZ)

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

There is a full blog post this morning Nov 29 so I’ll ask you to refer to it – read it closely. Take a look at Rosie the Gold Algo Twitter feed and Gold blog post update from this morning (and if you haven’t seen the recent ones it’s best to review them too if you’re trading Gold).

My Trading Plan for Gold: I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

As with Gold, there is a full blog post this morning Nov 29 so I will ask you to refer to it and you can also check out SuperNova algo Twitter feed if you like.

Read the post carefully before trading Silver please!

My Plan for Trading Silver: Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $CL_F)

As with Gold and Silver, there is a complete blog this morning Nov 29 that I will ask you to refer to.

IMPORTANT: Watch out for OPEC! Decision to come at latest tomorrow Nov 30 they say!

Outlook: We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: Of course I am waiting for OPEC decision but am in long $UWTI on small position in swing account. I commented on this in trading review from last night.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas: ($UGAZ, $DGAZ):

As I said, was waiting for 3.10 with back test.

BUT there is the 200 day on the 1 week chart – omminous!

$NATGAS

$NATGAS Looks like a possible short at 200 day on 1 week to me.

Study:

Watch that $SKLN wash out snap back trade on YouTube I posted if you want to learn your indicators!

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CYTR, $CBMX, $SKLN, $ANF, $JUNO, $URBN, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS


My Stock Trading Plan for Monday Nov 28, 2016 in Chatroom. $SKLN, $JUNO, $ANF, $URBN, $GOLD, $SILVER, $USOIL $WTI, $USD/JPY $SPY $VIX $NATGAS … more.

Welcome to the Monday Wall Street trading short day session!

Algo work – As of right now our algorithms are calculating and we have posted updates for EPIC the Oil Algo, Rosie the Gold Algo and SuperNova Silver on this blog this morning.

We are working on $SPY, $VIX, $DXY algo blog posts now and will be ready for release this week.

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter if I have time).

I posted a video series this weekend on wash-out snap-backs.

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: $CUBA, $HTBX, $IDRA, $UGAZ, $TIME, $JNUG, $NUGT, $UNG $LABD $MDGS $USLV $DWTI $TVIX $UVXY $AG $UGLD – I Will Update Before Market Open or Refer to Chat Room.

(2) Pre-market Decliners Watch-List: – I Will Update Before Market Open or Refer to Chat Room.

(3) Other Watch-List: $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $JUNO (previous wash-out on news) $URBN (previous wash-out on news).

(4) Regular Algo Charting Watch-List: Gold $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F), Natural Gas ($UGAZ, $DGAZ), S & P 500 $SPY ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: $ZION $USB $CMA $NTES $WPX $HZNP $BRX $LNN $FMC $DE $CNHI $AVD $AGCO $LB $GPS $FHN $ESS $AVB $DRE $PLD $DFT $SWN $AKAO $COP $FNSR

(6) Downgrades: $HBAN $C $TUP $HAS $BPFH $ASB $RNST $WFC $RF $HLT $KRC $MAR $CEB $CRHM $RHI $SQM $MHLD $MET $HRB $HIG $PNRA $SF $MENT

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

S & P 500: $SPY ($SPXL, $SPXS)

Outlook: My bias is still to new highs – I warned Friday of a pull-back and it could be here – so watch close now.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook: As warned Friday volatility was becoming cheap insurance – it’s getting a pop this morning – so watch carefully now. I expect volatility at market inflection points and then continue to get crushed. Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Outlook: As I warned last week “Be careful here now because the $USD/JPY chart (although not broken and still bullish) is showing a rounded top forming. So the chart is changing now – caution IMO. It did also hit a Fib extension and bounced off a Fib support and is sitting between two Fib points”.

Watch it close – I expected a pull-back but expect it to run again.

My Trading Plan for Currencies / Global Markets: $UUP (long US Dollar) seems to be a bit extended obviously, so this opportunity is a tad long in the tooth if you ask me – same with $USD/JPY. So for $GOLD and the miners $GDX watch the $USD/JPY closedly.

Emerging markets should be watched close now very closely IMO ($EEM, $EEV, $EDZ)

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

There is a full blog post this morning so I’ll ask you to refer to it – read it closely. Take a look at her Gold Twitter feed and Gold blog post update from this morning.

My Trading Plan for Gold: I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

As with Gold, there is a full blog post this morning so I will ask you to refer to it. Silver blog post update this morning.

Read the post carefully before trading Silver please!

My Plan for Trading Silver: Same as Gold, I’m going to start chewing around the edges of stocks like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $CL_F)

As with Gold and Silver, there is a complete blog this morning that I will ask you to refer to. Oil charting update.

Outlook: We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: We have been successfully trading the range with various instruments in the trading room.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas: ($UGAZ, $DGAZ):

As I said, was waiting for 3.10 with back test – it’s back testing now!

$NATGAS

$NATGAS I was looking for 3.10 with a back-test – here’s the test.

Other Sectors, Indices, International Etc:

na

Study:

Watch that $SKLN wash out snap back trade if you want to learn your indicators!

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $SKLN, $ANF, $JUNO, $URBN, $GOLD, $SILVER, $USD/JPY, $SKLN, $JUNE, $ANF, $USOIL $WTI, $VIX, $SPY, $NATGAS


My Stock Trading Plan for Friday Nov 25, 2016 in Chatroom. $GOLD, $SILVER, $USOIL $WTI, $USD/JPY $NATGAS … more.

Welcome to the Friday Wall Street trading short day session!

Algo work – As of right now our algorithms are calculating and we have posted updates for EPIC the Oil Algo and Rosie the Gold Algo on this blog and some updates on SuperNova Silver Twitter Feed (blog post in process) and we are working on $SPY, $VIX, $DXY algo blog posts over weekend. Sorry we’re running a little behind, but there’s been a massive to-do list getting room up and running properly and quite frankly these are not normal markets.

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List:  – I Will Update Before Market Open or Refer to Chat Room.

(2) Pre-market Decliners Watch-List: – I Will Update Before Market Open or Refer to Chat Room.

(3) Other Watch-List: $ANF (wash-out on news), $SKLN (wash-out on news), $JUNO (wash-out on news) $URBN (wash-out on news).

(4) Regular Algo Charting Watch-List: Gold $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F), Natural Gas ($UGAZ, $DGAZ), S & P 500 $SPY ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

S & P 500: $SPY ($SPXL, $SPXS)

Outlook: My bias is still to new highs – but a pull-back will come soon – so watch close now.

My Trading Plan: Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

Volatility: $VIX ($TVIX, $UVXY, $XIV)

Outlook: Volatility is becoming a cheap insurance – so watch carefully now. I expect volatility at market inflection points and then continue to get crushed. Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

Currencies and Other Global Markets: $DXY US Dollar Index ($UUP US Dollar Bull, $UDN British Pound, $USD/JPY, $FXY Japanese Yen Trust, $CNY China, $TZA, $SMK / $EWW Mexico Capped ETF)

Outlook: The real story here right now obviously is the $USD/JPY trade and various other currencies being pounded by the US Dollar. Be careful here now because the $USD/JPY chart (although not broken and still bullish) is showing a rounded top forming. So the chart is changing now – caution IMO. It did also hit a Fib extension and bounced off a Fib support and is sitting between two Fib points.

My Trading Plan for Currencies / Global Markets: $UUP (long US Dollar) seems to be a bit extended obviously, so this opportunity is a tad long in the tooth if you ask me – same with $USD/JPY. So for $GOLD and the miners $GDX watch the $USD/JPY closedly.

Emerging markets should be watched close now very closely IMO ($EEM, $EEV, $EDZ)

Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

As you likely know Gold hit Rosie the Gold Algo price target she predicted months back! Yeehaw! So watch it close now. Take a look at her Gold Twitter feed and Gold blog post update from this morning.

My Trading Plan for Gold: I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

$GOLD

$GOLD Algo intra work sheet charting. Nov 25 754 AM $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

As with Gold our Silver algo SuperNova the Silver Algo nailed the price target! Yeehaw x 2!

There are a number of posts on his Twitter feed and a full blog post will be out this weekend.

My Plan for Trading Silver: Same as Gold, I’m going to start chewing around the edges of stocks like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $GUSH, $ERX, $DRIP, $ERY, $USO, $UCO, $SCO, $CL_F)

Outlook: We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: We have been successfully trading the range with various instruments in the trading room.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

Natural Gas: ($UGAZ, $DGAZ)

Natural gas IMO isn’t ready until it breaks 3.10 on back-test. So that’s what I’m watching for.

Other Sectors, Indices, International Etc:

na

Study:

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GOLD, $SILVER, $USD/JPY, $SKLN, $JUNE, $ANF, $USOIL $WTI, $NATGAS


Review of my Chat Room Stock Day Trades and Alerts for Wednesday Nov 23, 2016. $JUNO, $ANF, $SKLN, $GOLD, $SILVER, $XIV, $USOIL, $WTI, OIL and more.

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 (we start sharing videos soon – just one more thing on the to-do list).

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.

Overview Perspective of Chart Room, Trades and Alerts:

Kind of an odd day with Thanksgiving Day around the corner today. Market fade was heavy late day. Some small cap low floats were running a bit. Gold and Silver were the big watches for us because the price for both was either just entering the price target zone of our algos or really close.

Primary Lessons That May Help Your Trades:

$ANF Abercrombie trade lessons were two… #1 being most important and that is that 200 day on the 5 – once that 200 on the 5 got under the price it was rocket time (classic snap-back and gap fill). So waiting would have paid dividends. It just gets tough to stay on top of them over days. There is a recent wash-out on $SKLN that I should watch closer for this.

$JUNO Therapeutics was my #2 lesson… waiting for the proper set-up in terms of moving averages would have likely been safer – I’m in this swing 22.31 and it closed at 22.56.

Announcements in Trading Room:

None

Stock Chat-room Trading Transcript:

08:55 am GSCT . : DRYS ESEA moving

09:04 am Curtis Melonopoly : Premarket newsletter https://compoundtrading.com/pre-market-newsletter-wednesday-nov-23-lli-juno-ibb-labu-labd-axon-skln-usoil-wti-natgas/
09:06 am Curtis Melonopoly : Gainers: $REXX 19%, $DE 12%, $LABD 7%, $ZBIO $TXMD $AVXL $VEEV $JDST $CNHI $MRNS $GME $OPTT
09:09 am Curtis M : Mornin!
09:12 am GSCT . : Your call on /GC coming into play here
09:12 am GSCT . : Heading to your target
09:13 am Curtis Melonopoly : nice
09:14 am Curtis Melonopoly : Anyone have audio on that can check my mic volume?
09:14 am GSCT . : Could be a bit louder
09:14 am Dave D : Sounds ok
09:20 am GSCT . : Ticker more visiible on your chart. Thank you.
09:23 am Curtis M : Looks like a good day.
09:23 am Curtis M : Your welcome.
09:26 am Curtis M : Open on deck
09:28 am Curtis M : $AVXL $DRYS $MNKD $SINO $DGLD $SHIP $GLBS
09:29 am mathew w : Still monitoring my /es short
09:29 am mathew w : trimming positions today overall most likely before tomorrows break
09:31 am Curtis M : $MDGS +58%
09:32 am Curtis M : $ESEA +36%
09:32 am GSCT . : SKLN off lows
09:39 am Curtis M : $SINO 19%
09:40 am Curtis M : $DCIX 13%
09:41 am Curtis M : $SHIP 8%
09:42 am Curtis M : $ESEA Looking for 3.75 then 4
09:50 am Curtis M : $RLOG watching tape on bids
10:01 am Curtis M : $GOLD algo targets 1163 – 1167
10:01 am GSCT . : Ignore the Twitter trolls
10:02 am GSCT . : What’s the time frame on Gold /GC algo?
10:02 am GSCT . : SKLN some momo
10:09 am mathew w : Adding a few UCO calls. Stalking NE and WLL though Im still deep in the money in WLL and NE at this point. likely roll up and out
10:10 am susan woo : Curtis, why wouldn’t you wait until AFTER Yellen this afternoon before touching gold/silver?
10:10 am susan woo : Just curious
10:10 am mathew w : also closing out of DUST calls. Had weely 57s that exploded up ON
10:10 am mathew w : *weekly
10:12 am susan woo : Gotcha, thanks Curtis
10:14 am GSCT . : /GC new LOD
10:15 am mathew w : Like lol
10:18 am mathew w : Totally out of DUST calls. Might regret that but easy money
10:18 am mathew w : yea
10:18 am mathew w : dude is a GDX bull all day
10:18 am mathew w : Smart guy for sure
10:22 am mathew w : In some CLF jan 10 calls. Rolling up and out basically after closing a big portion of my Dec 8’s yesterday
10:22 am mathew w : Lots of flow in this name, lots of sweepers all week
10:24 am susan woo : I love your Canadian accent. Sounds like mine lol!
10:28 am GSCT . : SKLN may be reversing here
10:30 am GSCT . : Gold lower still
10:36 am GSCT . : Gold algo hit may happen today!
10:40 am mathew w : Oil has been a tough ride this AM. Small scalps but I’m gonna take a break and let it even out a bit I think. Back in 30
10:41 am mathew w : Big resistance at 8.3 area
10:57 am Curtis M : Watching $JUNO for snap back, $GOLD getting close to algo PT, $SILVER in algo $PT high range $USD/JPY, $SINO

11:01 am Curtis M : Long $JUNO for second attempt 22.31 3000 shares 

$JUNO stock

$JUNO Therapeutics 5 minute stock chart

juno-therapeutics-5-minute-stock-chart

11:03 am Curtis M : Out $ANF 3000 shares swing 15.57 14.96 buy here https://compoundtrading.com/stock-trading-results-green-portfolio-day-post-market-fri-nov-18-anf-wash-trch/

$ANF Stock trade

$ANF Stock Trade on Wash-out – Abercrombie

11:06 am GSCT . : SKLN flirting with the 20
11:19 am Curtis M : Low float Shippers Bio Drillers
11:19 am Mathew Waterfall : wanting a 20 touch on the 1′ to reenter /cl here
11:19 am Mathew Waterfall : being cautious after this am’s moves
11:20 am Mathew Waterfall : And that’s why lol
11:28 am susan woo : Curtis, this signal you have for gold/silver, is it as strong as the algo trigger you got before the January lows, right before gold/silver ran big?
11:30 am susan woo : thanks
11:36 am GSCT . : /GC rallying back
11:37 am Curtis M : back in 20
11:43 am GSCT . : Stalking SKLN on IBB XBI possible pivot
11:52 am Mathew Waterfall : CLF calls working. May add to CHK here depending on OIL. Still bouncing around making me earn my money on the /cl trade today
11:54 am Mathew Waterfall : And I know im a broken record on this but WLL is still seeing a ton of buying. I will likely take jan calls shortly. Out 2/3rds of my Dec calls for a 3/4 bagger
11:57 am Mathew Waterfall : In WLL jan 11.5c’s at .57 to add to me dec2 10’s
11:57 am Curtis M : Thanks for posting your trades Mathew
11:59 am Mathew Waterfall : No problem. I’m also open to share. I don’t post every little trade I do as I’m in/out of some futures pretty quickly at times like this AM with /cl
11:59 am Mathew Waterfall : Also closed my /es short this AM. Looking to reopen that but the action off of the open seemed bullish and it was even if I covered at 2195 instead of 2198 where we are now
11:59 am Mathew Waterfall : *always open to share
12:01 pm GSCT . : SKLN volume
12:03 pm GSCT . : Top of the hour
12:06 pm GSCT . : Natty Gas new highs
12:06 pm GSCT . : /NG broke 3
12:06 pm GSCT . : Curtis what was you buy signal # on that again?
12:09 pm GSCT . : It’s owned my trading
12:09 pm GSCT . : Avoiding for now
12:09 pm GSCT . : SKLN going here
12:12 pm GSCT . : Not going perse but some bump
12:14 pm Mathew Waterfall : Rolling more dec8 to jan 10’s in CLF for me. Taking profits and taking a bit of risk off of the table
12:15 pm Mathew Waterfall : Those went from .42 buy to 1.18 so solid win
12:18 pm Mathew Waterfall : Using that cash for some lottos. FCX Dec2 18’s for more squeeze. Will have to be out of these buy mid next week
12:23 pm Mathew Waterfall : And Holy SH*t. 11000+ CLF Feb calls just BTO it looks like. Damn!
12:31 pm Mathew Waterfall : Out the rest of me NE Dec2 5.5. .57 from .21. Taking off risk and moving out
12:41 pm GSCT . : I can barely hear you. I got it ful volume.
12:41 pm GSCT . : full
12:45 pm Curtis M : Sorry I think I need to switch headsets
12:46 pm Curtis M : As soon as I get a break I’ll swtch headsets
12:46 pm GSCT . : Thanks boss.
12:49 pm Curtis M : can smell coffee gonna go get a refill
12:56 pm Curtis M : Rebooting headset so Ill be back
12:56 pm Mathew Waterfall : Took a small started in USLV at 12.9. Front running this trend a bit so starting small
12:59 pm GSCT . : Thank you.
01:00 pm GSCT . : SKLN slow and steady
01:09 pm Curtis M : $ESEA + 53% SINO +39% SPEX + 27% GLBS +19.43 %
01:27 pm Curtis M : $DRYS action intense
01:27 pm Curtis M : $GOLD and $SILVER at tipping point… could get fun soon
01:28 pm GSCT . : Thoughts on DRYS here Curtis
01:30 pm Mathew Waterfall : Rolled the rest of my CLF Dec16 8’s to Dec23 10s. Thing is a monster. Targeting 11’s short term
01:31 pm Mathew Waterfall : I got a .93 credit for that move BTW so taking some profits
01:31 pm Mathew Waterfall : Sorry .96 credit
01:31 pm Curtis M : nice
01:33 pm GSCT . : Missed it. Even 6.50 to 6.85 worked
01:34 pm Curtis Melonopoly : Resetting charts
01:40 pm Mathew Waterfall : In some JNUG. Looking for 6.8. Out under 6.40ish recent swing low
01:42 pm Mathew Waterfall : 6.6 needs to break for more to the upside. May add more over that if we get there
01:53 pm Curtis M : This is all lke a replay of this time last year – spooky almost
01:55 pm GSCT . : Good to know.
01:56 pm GSCT . : TVIX rmaped in early January
01:56 pm GSCT . : ramped
01:57 pm Curtis M : January was my best month this year and Brexit 2nd
01:57 pm Curtis M : Markets quiet right now
01:57 pm Curtis M : running scans but quiet
01:57 pm GSCT . : DId you play TVIX on Brexit?
01:58 pm GSCT . : FOMC in 2 min
02:02 pm Curtis M : FOMC Rate Hike Could Happen in Dec
02:03 pm GSCT . : Priced in to Gold’s move today maybe already
02:08 pm Mathew Waterfall : Out of JNUG for pennies overall. Will reenter if it can find footing over posted level
02:26 pm Curtis M : Very quiet
02:31 pm GSCT . : 0Do you have a link to access the room from an iPad. I’ve tried logging on 3x and it says ‘organizer has ended your session’.
02:31 pm Curtis M : interesting
02:31 pm Curtis M : Ill message Sartaj
02:32 pm GSCT . : The mobile version is awful btw.
02:32 pm Curtis M : ya i know
02:32 pm Curtis M : shopping
02:33 pm GSCT . : Good to know.
02:35 pm Mathew Waterfall : I may go take a nap or something. Not much on my board to play here into EOD
02:35 pm Sartaj Hundal : GCST: Try to rejoin the room on your iPad
02:36 pm Curtis M : Naps r awesome lol
02:36 pm GSCT . : Same result
02:36 pm GSCT . : Can you post a link I can try Sartaj?
02:42 pm GSCT . : Never mind. I’ve tried all possible links
02:43 pm Mathew Waterfall : Seeing if I can get a pop in XIV as they push SPY back green
02:43 pm Mathew Waterfall : Boredom trade
02:45 pm Curtis M : ya m catching up on work until a scanner pops
02:45 pm Curtis M : if one pops
02:48 pm Mathew Waterfall : /ES rejecting at 2201. Out shortly of my XIV trade ~.12 share so not much there unless another pop
02:53 pm Mathew Waterfall : Out of that trade for anyone wonder. Adding some FB Dec 125 calls as well. Still looking for a gap fill in next 2-3 weeks
02:53 pm Curtis M : $NAVB Halt news
02:55 pm GSCT . : SKLN maybe
02:55 pm GSCT . : A lot of selling this last candle though
02:57 pm GSCT . : SKLN VWAP pop
03:14 pm GSCT . : NTNX running
03:17 pm Curtis M : nice move
03:18 pm GSCT . : Mossed the meat of it
03:18 pm GSCT . : Feels late now
03:19 pm Curtis M : squeeze so who knows
03:22 pm GSCT . : NAVB our of halt
03:22 pm Curtis M : thx lol was in algo land
03:23 pm Jorge F : What is NAVB news?
03:23 pm GSCT . : I can Google it for you
03:23 pm GSCT . : DRYS perky
03:25 pm Curtis M : $NAVB News https://twitter.com/curtmelonopoly/status/801521806590910464
03:29 pm Mathew Waterfall : SN Jan 10’s. Bit of a stretch buy they’re cheap. Needs OIL to remain strong and they will pay nicely. Nice R/R
03:30 pm Mathew Waterfall : 6.6 is a big level for CHK #captainobvious
03:31 pm Curtis M : $CHK interesting but Im staying out
03:32 pm Mathew Waterfall : Good call. I looked at adding more this AM and didn’t. I’m already in Dec2 6.5c’s so I’ll stick in those in to next week. Positive for me so I’m in no hurry to add more
03:38 pm GSCT . : Friday could be wacky
03:51 pm susan woo : So, how does in look in gold/silver land? Still waiiting for more algo confirmation?
03:53 pm susan woo : Yeah, that’s why I got a bit confused re: your technique
03:53 pm susan woo : No problem
03:53 pm susan woo : Thanks for explaining
03:53 pm susan woo : Ewave guys saying it could go lower too
03:54 pm susan woo : I’m not into ewave
03:54 pm GSCT . : LABU what a day
03:59 pm GSCT . : Me neither
03:59 pm Mathew Waterfall : Have a great turkey day all. Will likely be around Friday if the room is open. Not holding any futures into this break, I’m way too cautious
04:00 pm GSCT . : Thanks Curtis
04:00 pm Curtis M : No problem your welcome enjoy!

Topics: Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $JUNO, $ANF, $SKLN, $UCO, $XIV, $USD/JPY, $USOIL, $WTI, OIL


Review of my Chat Room Stock Day Trades / Alerts for Friday Nov 18, 2016. $ANF Abercrombie wash-out, $TRCH and more.

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 (we start sharing videos soon – just one more thing on the to-do list).

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.

Overview Perspective of Chart Room, Trades and Alerts:

Friday was a really mellow day for me. Took two trades, one for a smal intra-day scalp and a swing on the downdraft in Abercrombie $ANF that is at time of writing three market days later going well. A favorite set-up of mine.

Primary lessons I learned that may help your trades…

$TRCH was a momo stock that I took a scalp on that didn’t do much. And Abercrombie $ANF set-up is a simple one that I take over and over again in my swing account – morning wash-out on news with an institutional owned scenario and wham! The shippers I could have played and in hindsight didn’t – that’s the main lesson.

Announcements in Trading Room:

07:50 am Curtis Melonopoly : $DRYS 23%25, $SYUT 23%25, $DCIX 18%25, $OGXI 16%25, $SINO 15%25, $CBMX $ESEA $MRVL $URRE $PIP $FCEL $CRM $SCON $GLBS $ULTI

07:52 am Curtis Melonopoly : Friday Premarket Newsletter Updated https://compoundtrading.com/pre-market-newsletter-wednesday-nov-16-gold-silver-usdjpy-iwm-rwm-faz-usoil-gdx/

07:53 am Curtis Melonopoly : $DRYS 23%25, $SYUT 23%25, $DCIX 18%25, $OGXI 16%25, $SINO 15%25, $CBMX $ESEA $MRVL $URRE $PIP $FCEL $CRM $SCON $GLBS $ULTI

 

Stock Chatroom Trading Transcript
09:01 am Curtis Melonopoly : Decliners $SYUT 23%, $SMRT 16%, $DCIX 14%, $URRE 12%, $MRVL 11%, $DRYS $PIP $SHIP $FCEL $ESEA $SINO $GLBS $CRM $CBMX $UGAZ
09:02 am Curtis Melonopoly : oops gainers lol
09:03 am Curtis M : Decliners $HIBB, $KTOS, $GOLD, $FSLR, $AMAT, $PAAS, $SSRI, $RYAAY, $MU, $UGLD
09:23 am Curtis M : Watching $NATGAS $SILVER Near algo price target $GOLD Near algo price target $USOIL
09:24 am Curtis M : I think i will stay out of morning momos we will see
09:26 am Curtis M : Gainers: EYEG +28%. SYUT +22%. DCIX +13%. DRYS +13%. SINO +11%. SHIP +9%. MRVL +8%. NUAN +7%. URRE +7%. PIP +8%. CRM +6%. ESEA +5%. GLBS +5%. FCEL +5%.
09:26 am Curtis M : APRI -25%. ANF -12%. SCON -9%. KTOS -8%. RLOG -8%. GPS -8%. NEWM -7%. EMES -5%. VRTV -5%. RGC -6%. ON -4%.
09:28 am Mathew Waterfall : What do you think about the UWTI delisting? Makes trading oil a bit tougher if you don’t do futures
09:29 am Curtis M : morning newsletter
09:29 am Curtis M : lots of ways to trade oil
09:34 am Curtis M : $SGNL halt
09:35 am Curtis M : Hey Mathew as far as oil Ill update before Monday
09:36 am Mathew Waterfall : I was just curious to your thoughts on that. No rush
09:44 am Mathew Waterfall : games games games
09:44 am Curtis M : no prob mathew
09:45 am GSCT . : UWTI delisting? Had not heard.
09:46 am GSCT . : Sounds good.
09:47 am Mathew Waterfall : options contracts get you a ton of leverage anyway. Each contract is $10 per cent move in the /cl price
09:47 am Mathew Waterfall : that sounds right
09:48 am GSCT . : GUSH and DRIP
09:54 am Curtis M : mathew what are you in today
09:55 am Mathew Waterfall : I’m just kind of sitting on my hands. Opened a new position in X with calls. Trimmed a large amount of the FH I picked up yesterday
09:55 am Mathew Waterfall : Watching and waiting on most everything else
09:56 am Mathew Waterfall : May add to XOP and XOM positions
09:56 am Mathew Waterfall : Waiting to see what oil and silver do. I like silver over gold right here as I think it will play catch up if gold heads north
09:56 am Curtis M : inflection everywhere except specific equities
09:58 am Mathew Waterfall : yea. It really seems like people have been buyig just to buy and are now set to take a small breather
09:58 am Mathew Waterfall : Also watching AMD with small pos, PYPL, MU, CLF
09:58 am Mathew Waterfall : those are all longer term swings that I’m alredy in
10:03 am Mathew Waterfall : Ive been saying that all week that the USD would pull back a bit soon lol it’s in crazy mode right now
10:07 am Mathew Waterfall : CRMD getting some chatter to
10:07 am Mathew Waterfall : Some of those low float bios went straight up yesterday
10:08 am Mathew Waterfall : IE CYCC yesterday. crazy
10:28 am Curtis M : long 3000 $ANF swing

Because I am publishing this now… I can post how this is going 3 market days later…

$ANF, Trade

$ANF Swing Trade trading at 15.49 Tuesday Nov 22, 2016 – entered at 14.96 3000 shares last Friday.

10:28 am Curtis M : 14.96 avg

So this $ANF swing is one of my favorite set-ups – give me a morning wash-out on earnings or whatever the reason (the less valid the better – like the recent $HTZ trade we did in the room) that institutional investors own and I’ll scoop the bottom every-time!

10:32 am Curtis M : http://www.nasdaq.com/symbol/anf/institutional-holdings
10:51 am Curtis M : I have an early luncheon here in Panama to prep folks before i Leave for a few weeks so I am going to go do that and be back inside and hour – not a lot happening so may as well set up for afternoon
10:51 am Curtis M : catch ya in less than 1 hr back here
12:01 pm Curtis M : Watching $TRCH and $USDJPY to back off and $NATGAS
12:06 pm Curtis M : $TRCH scaling in 1000 shares at a time here to see if I can get an afternoon pop
12:06 pm Curtis M : $TRCH is in my swing account
12:22 pm Mathew Waterfall : Picked up a couple shares to join ya in the fun. The oil trade was slow so this will due to keep me busy
12:30 pm Mathew Waterfall : oil getting some nice lift
12:33 pm Mathew Waterfall : 1.35 or TRCH and I’m probably out
12:47 pm susan woo : How do gold/silver look to you, Curtis?
12:48 pm Curtis M : gold and silver close to our buy trigger
12:48 pm Curtis M : newsletter kinda explains but ya getting close
12:48 pm susan woo : yeah, tempting:)
12:48 pm Curtis M : the USDJPY move should be almost over IMO
12:48 pm susan woo : Maybe by next week so that they can have the fun of crashing silver/gold Sunday evening first?
12:49 pm Curtis M : Getting really really close we had those buy triggers since end of july so I expect them to hit or get close, we had dxy nailed and the others os well see
12:49 pm Curtis M : ya
12:49 pm susan woo : ok thanks
12:49 pm Curtis M : very close so close the inflection point is near
12:50 pm Curtis M : back in a bit running scans make a few calls to other traders
12:53 pm Curtis M : If I loose ya ill sign back in im moving to pool deck nice day here
01:00 pm Curtis Melonopoly : going back to my desk lol that didn’t work
01:09 pm Curtis Melonopoly : be right back resigning in
01:12 pm Curtis M : so im accumullating a bit more here and going to cut here if it doesn´t hold
01:16 pm Curtis M : tough time in the market… likely no fireworks until monday morning ‘ but well see here shortly if anything good for afternoon
01:23 pm Curtis M : This could be where USDJPY lets out some air…. but…
01:39 pm Curtis M : $TRCH I am selling for tiny gains
01:40 pm Curtis M : Gonna call it a day market gonna be quiet till Monday
01:40 pm Curtis M : Room will stay open till 4
01:40 pm Curtis M : Have a great weekend!!!
01:40 pm Mathew Waterfall : Have a good weekend
01:41 pm Curtis M : thanks Mathew

 

Topics: Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $TRCH, $ANF, Abercrombie