DWT Archives - Page 16 of 17 - Compound Trading

Dec 2016

Pre-Market Newsletter Tues Dec 20 $UWT $CNAT $ACAD $TNXP $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

My Stock Trading Plan for Monday Dec 20, 2016 in Chat room. $UWT, $CNAT, $ACAD, $TNXP, $USOIL, $WTI,

My Stock Trading Plan for Monday Dec 20, 2016 in Chat room. $UWT, $CNAT, $ACAD, $TNXP, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

If you are not reviewing the post market trade reports along with this please do so. We assume our trading room subscribers do review it everyday and as such there will be information often in that report that is applicable and not in this premarket report. You will find the post market reports on our blog daily before this one is published.

REPORTING: Another quickie guys and gals! SO SORRY but this is quickest one yet – WE ARE RUNNING AROUND CLOCK RESETTING ALL ALGOS for the year end market inflection. So ya – that’s the excuse (true one lol). So much data ugh.

Current Holds:

$CBMX, $JUNO, $UWT (deep dive)

Market Outlook:

As mentioned above; all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out VERY SOON – EPIC had HUGE NEWS last night so we got a tad distracted running his math but we’re on it. WE SEE INFLECTION HERE – it may last a while – a pause – but it is either here right now or VERY VERY close.

Morning Momo / News Bits:

8:00 AM Gainers: $CNAT 134%, $ACAD 37%, $TNXP 8%, $BCEI 6%, $JDST 5%, $VIP $AUPH $DUST $DGAZ $UWT

7:34 am $CNAT $5.00 154% 205K vol pre-market

Lots of news:

BlackBerry shares rally in premarket after profit surprise http://on.mktw.net/2hmtwxe

PX, DRI, BBRY, GIS, GM, FB, AAPL & more
CNBC.com
Check out which companies are making headlines before the bell:
Praxair — After weeks of talks, Praxair and rival industrial gas maker Linde have signed a non-binding term sheet for a merger of equals. Linde shareholders would get about a share and a half for each share they now hold, while Praxair holders would get one share.
Darden Restaurants — The parent of Olive Garden and other chains matched estimates with profit of 64 cents per share, while revenue was also in line with forecasts. Darden did post better-than-expected comparable-restaurant sales.
BlackBerry — The formerly dominant smartphone company — now largely a software provider — reported adjusted quarterly profit of 2 cents per share, compared to estimates of a 1 cent per share loss. Revenue was below Street forecasts, but BlackBerry did raise its full-year outlook.
General Mills — The foodmaker missed estimates by one cent a share, with adjusted quarterly profit of 85 cents per share. Revenue missed the mark, as well, on weaker sales of brands like Yoplait yogurt and Progresso soup.
General Motors — The automaker will temporarily shut down five plants in January for one to three weeks, as well as laying off nearly 1,300 workers at a Detroit assembly plant beginning in March. GM is trying to adjust to a slowdown in auto sales following seven years of growth.
Fiat Chrysler — U.S. officials are investigating about one million Fiat Chrysler pickup trucks and SUVs following reports of rollaway crashes that occurred after the vehicles were parked. NHTSA said it had reports of 25 related crashes and nine injuries allegedly related to the issue.
Facebook — European Union antitrust regulators are charging Facebook with providing misleading information about its takeover of WhatsApp. The objection involves Facebook’s sharing of WhatsApp user data.
Biogen — Biogen named Executive Vice President Michel Vounatsos as its next chief executive officer, effective January 6. He’ll replace George Scangos, who had led the drugmaker since 2010 and had previously announced he would step down as soon as a successor was found.
Apple — Apple has discussed setting up manufacturing facilities in India with the government, according to The Wall Street Journal. Making its products locally would allow Apple to open its own stores in India.
Philip Morris, Altria — These and other tobacco producers are on watch today after the California Public Employees’ Retirement System voted to broaden its ban on tobacco investments. That move went against a staff recommendation that the 16-year old ban be removed.
Destination Maternity — Destination Maternity agreed to be bought by French child care clothing and products retailer Orchestra Prémaman in a stock swap deal worth $7.05 per share. Shareholders in the maternity apparel retailer will receive a little more than half of an Orchestra Prémaman share for each share they now hold.
Ericsson — Ericsson will reportedly cut about a quarter of its workforce in Italy, according to a Bloomberg report. That comes after the telecom company lost the contract to manage the country’s largest wireless network.
Deutsche Bank — Deutsche Bank remains on our watch list amid reports that a settlement with the U.S. Justice Department will be announced this week, and that the penalty for the bank in a mortgage backed securities case will be far less than the $14 billion first proposed by U.S. officials.
Bank of America — The bank sold its U.K. credit card business MBNA to Lloyds Banking Group for $2.35 billion.
Square — Instinet began coverage on the mobile payments company with a “buy” rating, noting the growth of the overall market and Square’s consistent gain in market share.
Salesforce.com — Drexel Hamilton initiated coverage on the company with a “buy” rating, noting that Salesforce continues to be a leader in customer relations management while expanding its cloud software offerings.
Alcoa — The aluminum producer was upgraded to “outperform” from “neutral” at Maquarie, citing expectations of improved demand and pricing.

If you are new to our trading service you should review recent blog posts and at minimum of 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. And you will notice quickly that the algos have been undeniably accurate on many time-frames (intra-day 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). A quick hour of review at most will bring you up to date.

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

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 ans Stocktwits 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 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: $CNAT 134%, $ACAD 37%, $TNXP 8%, $BCEI 6%, $JDST 5%, $VIP $AUPH $DUST $DGAZ $UWT $MTL $SID $LABU $GGB $BBRY $NVDA 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: $AKAO (momentum play last week), $AGIO (recent wash-out), $SGY (recent 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 $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) Upgrades: $AA $KOS $HBAN $VSAR $WDC $AWK $AMD $PEG $ES $DAN $AXL $TECK $NVDA $FNB $ZION $PBCT $FRC $CLVS $REGN I will update before market open of refer to chat room notices.

(6) Downgrades: $CBOE $CEMP $SBGL $OAK $CELP $EXR $FE $DYN $FNV $AYI $GRP $INOV $PB $HMST $FFWM $BUSE $MITL $NLY $AI $AMGN 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 $ES_F ($SPXL, $SPXS)

As I wrote last week:

I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know.

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 I wrote this week:

Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

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. SHORT $VIX SPIKES!

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)

USDJPY is getting close to symmetry on the chart from the last run up about two years ago – charting on deck in coming reports!!!

Per previous:

BE VERY CAREFUL LISTING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

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

Per recent posts:

Rosie the Gold Algo target call HIT!

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

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. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

Per previous;

Yesterday Silver tanked real hard! Good thing we’ve been sitting on our hands awaiting inflection point here.

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

My Plan for Trading Silver: same

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). Same here, when trend reversal occurs I will post equity picks here.

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

Please review EPIC’s twitter feed from last evening – trading at top of range and hitting all kinds of algo targets overnight.

Outlook:

Last week Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second and Friday Algo target was a miss.

Trading Plan: I am in here on three entries – 10000 shares deep $UWT.

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 $NG_F $NATGAS ($UGAZ, $DGAZ):

Per last week:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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: $UWT, $CNAT, $ACAD, $TNXP, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $UWT, $SLV, $GLD, $DXY

Dec 2016

Member Oil Trade Update Tues Dec 20 Charting Algo FX: $USOIL $WTIC ($USO $UCO $SCO $CL_F $UWT $DWT $ERX $ERY $GUSH $DRIP)

Tues Dec 20, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC ($USO, $UCO, $SCO,

Tues Dec 20, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP)

Welcome to my new FX: $USOIL $WTI oil trade report.

NOTICES:

NEW: MEMBER ALERT: Price held mid channel algo line and intra day algo line support in overnight trade. See chart below.

NEW: We are having a technical coding issue with SMS text / email alert launch – will be resolved soon! For now we are emailing alerts as time allows.

NEW: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms it is a must read.

MULTI-USERS: Institutional / commercial platform now available for multi-users.

PATENT PHASE: As I mentioned I am now in patent application phase. Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADE ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures early 2017. My sub service w incl 24 hr crude oil trade room.

PRICING: My proprietary services transitioned recently from free inaugural to subscriber only access. All rates for existing members for all service prices will be grandfathered in perpetuity (view website products page for conditions). Early 2017 when my 24 hour futures trading room opens along with 24 hour live charting I will have a rate increase but as with recent roll-over existing members will be grandfathered at locked-in current rates.

SOFTWARE: My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed.

HOW MY ALGORITHM WORKS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators – weighted, with the primary goal being probabilities. I am not a high frequency or bot type algorithm – I am to be used (represented on a traditional trading chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in the new year in our new 24 hour oil trading room).

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader or investor). This work, and your subsequent trading, should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on. If you need assistance email your questions to [email protected], message our lead trader on Twitter, or message a lead trader privately in the trade room.

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Tuesday Dec 20, 2016.

https://www.tradingview.com/chart/USOIL/lY5WAtSM-EPC-the-Algo-Member-Chart/

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 53.14 5:30 AM ET Dec 20, 2016. Some thoughts with respect to traditional charting that may help advance you trading edge:

MEMBER ALERT: Price held mid channel algo line and intra day algo line support in overnight trade. Crude algo intra. $USOIL $WTIC $CL_F $USO

Multi Week Trading Range for Swing Trading:

Note: Be careful with the prices you see in the purple boxes on the right of the chart – they do not line up on chart for price action (they are for indicators).

Pay attention to the upward trending channel – you can enter long and sell in between the channel yellow lines as it trends. If price stays below the resistance then you trade the channel under that and if above a major support line same thing (yellow lines).

Price is currently trading above a horizontal support at 51.93 (yellow line) – watch this for support.

Member Alert Price held mid channel algo line and intra day algo line support in overnight trade. Crude algo intra work sheet 513 AM Dec 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Member Alert Price held mid channel algo line and intra day algo line support in overnight trade. Crude algo intra work sheet 513 AM Dec 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

If you have any questions email [email protected] with direct questions for direct answers. Or ask in the trade room in a private message to the lead trader.

Diagonal Trend Lines:

Diagonal trend-lines (blue). Diagonal trend-lines are critical inflection points. Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal blue trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link earlier in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

Besides the blue diagonal trend lines you see on the chart above – the two trend lines (the intra day diagonal algo line the lead trader set up live in room today and the mid channel trend-line) are very important to note also!

Price Action with 20, 50, 100, 200 MA

Because I review various MA’s on various time frames on daily posts it is a good idea to go back and review previous posts so your buy – sell triggers are known.

Below is how oil has been trading with 20 MA on the 4 hour chart – fairly predictable buy / sell triggers.

20 MA on 4 Hour. Crude algo intra work sheet 542 AM Dec 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

20 MA on 4 Hour. Crude algo intra work sheet 542 AM Dec 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci Levels:

Fibonacci levels on crude oil chart for tight intra trading.

Fibonacci Levels. Crude algo intra work sheet 548 AM Dec 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci Levels. Crude algo intra work sheet 548 AM Dec 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Watch these lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Advanced Charting:

Respect support and resistance lines:

If you can be patient and take your long and short positions against these yellow lines – that is your highest probability trading.

Oil Time / Price Cycles:

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of things)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

I wrote last:

THE CHART ABOVE SHOWS CRUDE TRADING IN A TRIANGLE (in white). If the price stays in the triangle price is 99% going to spike significantly to the upside or downside before it leaves the triangle at or near the end (usually well before the end). In this instance if price is still in triangle at 1:00 Friday (red dotted vertical line) this could very well be when price will spike or drop out of that triangle.

And that is exactly what happened – the price did get close to the vertical dotted red line representing the Friday 1:00 time for rig count and as I wrote above the price did get volatile as it left the triangle.

The next time cycle is represented on the chart above – it is the triangle price is currently trading. It is highly probable that trade will leave this time / price cycle (represented as a triangle) prior to Tuesday 4:30.

Watch these triangles for entries because price can get violent as price enters or leaves the triangle.

REVIEW THE CHART ABOVE – PRICE INTRA IN OVERNIGHT TRADE IS TRADING AT TOP OF PRICE CYCLE TRIANGLE! IT MAY NOT BREACH IT TO UPSIDE! IF IT DOES NOT PRICE WILL NOT HIT TARGET FOR 4:30 TUESDAY – BUT OBVIOUSLY AN AWESOME CALL ON THAT TARGET EITHER WAY – ESPECIALLY FROM OUR BUY ALERT LAST WEEK! (BELOW).

We will update you in the trading room or by email notice if any other significant time / price cycles occur intra day.

Buy alert to our members last week (green arrow). Crude algo intra work sheet 429 AM Dec 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Buy alert to our members last week (green arrow). Crude algo intra work sheet 429 AM Dec 20 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Alpha Algo Trading Trend-Lines (Red dotted lines):

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

The alpha algo trendlines are on the chart above (red dotted diagonals) – there is one far below price and two above.

Current Alpha Algo Targets (Red circles):

Per yesterday:

Price missed the alpha target on Friday at 1:00 PM – but I did warn you that it was low probability and for those in the trading room we knew intra day exactly where crude was going to trade (live video available) – we did an intra day algo line set-up because we knew crude was unlikely to hit the targets on the chart – and crude followed the lines we set up for the day exactly.

So what is your most probable algo target for Tuesday 4:30 EST? Your closest target that crude is trending toward is always the most probable. Crude is currently trending toward a target (red circles on chart) Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel or whatever – also difficult to explain – WE ARE DOING A VERY DETAILED VIDEO ON THESE INDICATORS SOON THAT WILL SHOW IN MORE DETAIL.

The targets for this week are represented on the chart above. Again, refer to the live charting I send you for this also or be in the trading room.

Also from yesterday:

I am currently watching the math on two other possible algo lines developing that I will report on soon – SO THE TARGETS FOR THIS WEEK ARE NOT CONSIDERED HIGH PROBABILITY – THEY ARE SOFT TARGETS AT THIS POINT.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Oil Intra-Day Algo Trading Quadrants:

Processing now for release any moment – I don’t think there are any real tight crude related snipers beyond our lead trader right now anyway – but nonetheless, we are getting these out – they take a lot of data processing to say the least. We’re almost there.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

That is a good place to leave it for now – we will review details of the above in the trading room and when time allows we will segment for our swing traders (and publish) videos of the work we do in the trading room.

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” within a day or so, but it will be simply be a recap (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our website. You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

PS If you are not yet reviewing the daily post market trading results blog posts, please do so, they are on the blog daily and often there is information that also may assist your trading.

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $USO, $UCO, $CL_F, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets

Dec 2016

Pre-Market Newsletter Mon Dec 19 $XGTI $GSAT $TNXP $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

My Stock Trading Plan for Monday Dec 19, 2016 in Chat room. $XGTI, $GSAT, $TNXP, $USOIL, $WTI, $GOLD,

My Stock Trading Plan for Monday Dec 19, 2016 in Chat room. $XGTI, $GSAT, $TNXP, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

If you have reviewed the morning swing trade newsletter much of it is contained herein this week.

Current Holds:

$CBMX, $JUNO, $UWT (deep dive)

Market Outlook:

As mentioned above; all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out today and before market open tomorrow (we’re running them right now). WE SEE INFLECTION HERE – it may last a while – a pause – but it is either here right now or VERY VERY close.

Morning Momo:

$XGTI $GSAT $TNXP $EGO $BCLI $ORIG $SDRL $TRVG $DRYS $JNUG $GFI $NUGT

$TNXP +39% TNX-102 SL BTD PTSD Phase 3-Ready Drug Candidate, TNX-102 SL, Granted Breakthrough Therapy Designation by the FDA
$APHB +29% P1 Data
$LOXO +15% LOXO-101 Update
$OCUL +9% Insider Buy
$CBIO +6% Mfg Agmt

$JUNO Defeats Kite Pharma’s Challenge to CAR T-Cell Patent. $KITE
https://finance.yahoo.com/news/juno-therapeutics-defeats-kite-pharma-140000298.html

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Momentum Stocks (Market Open and Intra-Day):

Some of my Favorite 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: $TNXP $GSAT $XGTI $CUR $APHB $BCLI $AWH $RGSE $PLX $PSTI $NVCN $GGB $JNUG $CBIO $OCLR $DRYS I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:$JAKK, $TVIX, $AMAT, $VIIX, $BBRY, $ZNGA, $SQQQ, $ABUS, $MAR, $NVDA I will update before market open or refer to chat room notices.

(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 $ES_F ($SPXL, $SPXS)

Running algos today. Basic trading range – the 20 MA is turning up through 50 MA on the 5 Minute – Fibonacci levels to watch. 614 AM Dec 19 $ES_F $SPXS $SPXL :

$SPY The 20 MA is turning up through 50 MA on the 5 Minute – Fibonacci levels to watch. 614 AM Dec 19 $ES_F $SPXS $SPXL

Outlook:

As I wrote last week:

I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who knows?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know.

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

$VIX Keep it Simple Chart of Day. 50 MA cross 200 MA to upsaide buy and when it turns under 20 MA sell short. $TVIX $UVXY $XIV

$VIX Keep it Simple Chart of Day. 50 MA cross 200 MA to upsaide buy and when it turns under 20 MA sell short. $TVIX $UVXY $XIV

Outlook:

As I wrote this week:

Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

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. SHORT $VIX SPIKES!

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)

$DXY Keep it Simple Chart of Day. 200 MA and 50 MA 1 Day Cross Buy Sell Trigger $UUP

$DXY, US Dollar, $UUP, Chart, Swing Trading

$DXY Keep it Simple Chart of Day. 200 MA and 50 MA 1 Day Cross Buy Sell Trigger $UUP

As I wrote over and over again since July 2016 when our algo locked the math in:

BE VERY CAREFUL LISTING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

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

Keep it Simple Chart of Day. 100 MA 1 WK Buy Sell Trigger. Gold algo intra work sheet 1022 PM Dec 18 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

Keep it Simple Chart of Day. 100 MA 1 WK Buy Sell Trigger. Gold algo intra work sheet 1022 PM Dec 18 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

Per recent posts:

Rosie the Gold Algo target call HIT!

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

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. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

SILVER Keep it Simple Chart of Day. 1 Week Buy over 200 and 20 MA Sell Under 20 MA $SL_F $SLV $USLV, $DSLV

SILVER Keep it Simple Chart of Day. 1 Week Buy over 200 and 20 MA Sell Under 20 MA $SL_F $SLV $USLV, $DSLV

Per previous;

Yesterday Silver tanked real hard! Good thing we’ve been sitting on our hands awaiting inflection point here.

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

My Plan for Trading Silver: same

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). Same here, when trend reversal occurs I will post equity picks here.

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

20 MA on 4 Hour Buy – Sell Trigger. Crude algo intra work sheet 407 AM Dec 19 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

20 MA on 4 Hour Buy - Sell Trigger, Crude, Oil

20 MA on 4 Hour Buy – Sell Trigger. Crude algo intra work sheet 407 AM Dec 19 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Outlook:

Last week Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second and Friday Algo target was a miss.

Trading Plan: I am in here on three entries – deep.

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

Per last week:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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: $XGTI, $GSAT, $TNXP, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $UWT, $SLV, $GLD, $DXY

Dec 2016

Member Oil Trade Update Mon Dec 19 Charting Algo FX: $USOIL $WTIC ($USO $UCO $SCO $CL_F $UWT $DWT $ERX $ERY $GUSH $DRIP)

Monday Dec 19, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC ($USO, $UCO, $SCO,

Monday Dec 19, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP)

Welcome to my new FX: $USOIL $WTI oil trade report.

NOTICES:

NEW: We are having a technical coding issue with SMS text / email alert launch – will be resolved soon! For now we are emailing alerts as time allows.

NEW: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most” If you are using our algorithms it is a must read.

MULTI-USERS: Institutional / commercial platform now available for multi-users – pricing and product information will be posted to website soon.

PATENT PHASE: As I mentioned I am now in patent application phase. Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADE ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures early 2017. My sub service w incl 24 hr crude oil trade room.

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Monday Dec 19, 2016.

https://www.tradingview.com/chart/USOIL/YFftFHyG-EPIC-the-OIL-ALGO-Member-chart/

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 52.29 3:47 AM ET Dec 19, 2016. Some thoughts with respect to traditional charting that may help advance you trading edge:

Crude algo intra work sheet 355 AM Dec 19 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Monday Dec 19, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP)

Multi Week Trading Range for Swing Trading:

Note: Be careful with the prices you see in the purple boxes on the right of the chart – they do not line up on chart for price action (they are for indicators).

Price is currently trading above a horizontal support at 51.93 (yellow line) – watch this for support.

If you have any questions email [email protected] with direct questions for direct answers. Or ask in the trade room in a private message to the lead trader.

Diagonal Trend Lines:

Some of the diagonal trend-lines are marked with a green arrow on the chart above. The bottom of that triangle time price cycle also has a diagonal trend-line right there.

Price Action with 20, 50, 100, 200 MA

Because I review various MA’s on various time frames on daily posts it is a good idea to go back and review previous posts so your bu – sell triggers are known.

Below is how oil has been trading with 20 MA on the 4 hour chart – fairly predictable buy / sell triggers.

20 MA on 4 Hour Buy – Sell Trigger. Crude algo intra work sheet 407 AM Dec 19 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Price is currently (434 AM) above the 20 MA – a buy signal relative to this indicator.

20 MA on 4 Hour Buy – Sell Trigger. Crude algo intra work sheet 407 AM Dec 19 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Fibonacci Levels:

Fibonacci levels on crude oil chart for tight intra trading.

20 MA on 4 Hour Buy – Sell Trigger. Crude algo intra work sheet 407 AM Dec 19 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Horizontal Trend-Lines (purple):

Advanced Charting:

Respect support and resistance lines:

If you can be patient and take your long and short positions against these yellow lines – that is your highest probability trading.

Intra day (415 AM) crude is trading just above one and in overnight trade it hit a diagonal yellow line (on chart pink arrow – mid channel line in upward trend) and that is its current resistance.

Oil Time / Price Cycles:

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

I wrote last:

THE CHART ABOVE SHOWS CRUDE TRADING IN A TRIANGLE (in white). If the price stays in the triangle price is 99% going to spike significantly to the upside or downside before it leaves the triangle at or near the end (usually well before the end). In this instance if price is still in triangle at 1:00 Friday (red dotted vertical line) this could very well be when price will spike or drop out of that triangle.

And that is exactly what happened – the price did get close to the vertical dotted red line representing the Friday 1:00 time for rig count and as I wrote above the price did get volatile as it left the triangle.

The next time cycle is represented on the chart above – it is the triangle price is currently trading. It is highly probable that trade will leave this time / price cycle (represented as a triangle) prior to Tuesday 4:30.

Watch these triangles for entries because price can get violent as price enters or leaves the triangle.

We will update you in the trading room or by email notice if any other significant time / price cycles occur intra day.

Alpha Algo Trading Trend-Lines (Red dotted lines):

The alpha algo trendlines are on the chart above (red dotted diagonals) – there is one far below price and two above.

Current Alpha Algo Targets (Red circles):

Price missed the alpha target on Friday at 1:00 PM – but I did warn you that it was low probability and for those in the trading room we knew intra day exactly where crude was going to trade (live video available) – we did an intra day algo line set-up because we knew crude was unlikely to hit the targets on the chart – and crude followed the lines we set up for the day exactly.

The targets for this week are represented on the chart above. Again, refer to the live charting I send you for this also or be in the trading room.

I am currently watching the math on two other possible algo lines developing that I will report on soon – SO THE TARGETS FOR THIS WEEK ARE NOT CONSIDERED HIGH PROBABILITY – THEY ARE SOFT TARGETS AT THIS POINT.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Oil Intra-Day Algo Trading Quadrants:

We expect to publish the updated ones at latest Tuesday – we are currently running the charts.

Indicator Methods:

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

PS If you are not yet reviewing the daily post market trading results blog posts, please do so, they are on the blog daily and often there is information that also may assist your trading.
Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $USO, $UCO, $CL_F, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets

Dec 2016

Post Market Fri Dec 16 $UWT $USOIL $WTIC $JUNO $CBMX $EVOK

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Friday Dec 16 –

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Friday Dec 16 – $EVOK, $CBMX, $JUNO, $UWT, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F 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.

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.

Notices:

Notice: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

Notice: We are testing fault settings for multiple trading rooms in 2017 (main room, momentum, options, swing, commodities, etc). We can have groups in different rooms all seeing same screen and announcements / broadcast – if you’re moved don’t sweat it – it won’t affect your experience.

Overview Perspective & Review of Chat Room, Algo Calls, Trades and Alerts:

My Personal Trades:

Friday for me was $STUDY and watching my Oil related $UWT trade – I am 10,000 shares deep from earlier in the week (1000, 3000, 6000 entries) – so that is setting up to be a great win. I didn’t take any morning momentum trades. Other traders in the room were on winning side and have been regularly so that was good. Still hold $CBMX and $JUNO. $EVOK was the big runner but didn’t trade it.

Primary Lessons That May Help You With Your Trades:

The $UWT (crude oil trade) I am in is completely about trusting the proven algorithm @EPICtheAlgo (which took me about 6 months to fully trust). I would be a lot further ahead has I just trusted the math process earlier. The chart below shows our buy alert.

Buy trigger alerted to members last week (green arrow) Crude algo intra work sheet 935PM Dec 18 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Looking Forward:

The market has a tonne of inflection points now so things should get interesting soon with our algos (Oil, Gold, Silver, US Dollar, VIX, SPY).

Announcements in Trading Room:

09:03 am Curtis M : Good Morning! $DRYS $EVOK $ESEA $DCIX $TIG $CANF $TOPS $EGLE $SINO $JBL $HZNP $RGLS $TXMD $OCLR $ITCI $GOGL $MU $PACB

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:24 am Curtis M : $TOPS $ESEA $SHIP $GLBS $EGLE $DRYS
09:26 am Curtis M : At the bell i will look at the momos for a trade and then move to our standard plays.
09:28 am Mathew Waterfall : Will likely be doing some selling here in the AM expecting chop/slide after lunch
09:29 am Cal O : $EVOK looks good for oprn
09:32 am Curtis M : OPEX day
09:34 am Mathew Waterfall : Out half $XOM next week 92.5c’s @.5 from yesterdays .28
09:34 am Mathew Waterfall : Keep other half into next week for almost free ride here
09:34 am Tyler H : $MTL short
09:36 am Jack D : Long $EVOK
09:37 am Curtis M : New 52wk Highs: $ADP $ALGN $AQXP $BRO $CDEV $FUN $ON $TRMB
09:39 am Jack D : Sold $EVOK win
09:43 am Curtis M : $USEG OFFERING
09:44 am Michael P : uck
09:44 am OILQ K : evok gonna go again HOD
09:47 am Curtis M : New 52wk Highs: $REN $SWM
09:48 am Mathew Waterfall : Watching $AKS. Will likely roll out on a bounce or sell what I have left of next weeks 11s
09:52 am Sammy T : $DVAX bull
09:54 am Curtis M : 52wk Highs: $NDSN
09:57 am gary y : $UWT hod
10:02 am Mathew Waterfall : Out other half on my $ON Jan 13 at .85 from .51. Still holding the rolled 14s. This was a larger position and wanted to pair some risk on this pop. Still believe it goes higher hense holding the 14
10:04 am Curtis M : I would look at $APVO over 3 for a scalp our a snap back
10:04 am Mathew Waterfall : $NUGT trying. Yesterday had big block at 6, if it can get over it may see some buying
10:06 am Ronny D : $DCIX!
10:11 am darni t : I took some $REN on ur alert curt
10:11 am Curtis M : nice
10:11 am Jack D : Like exxon play
10:13 am Mathew Waterfall : Me to! Easy to say after some quick profits but $XOM has been great around its supports. I think we see quick 92 shot today which will likely be my exit for the other half of my position
10:16 am Sammy T : OPEX boredom haha
10:16 am Sammy T : study time
10:16 am Curtis M : yes!
10:17 am Curtis M : Im watching important resistance on oil coming
10:19 am Curtis M : After oil I will go on to gold etc – but have to watch close here oil
10:35 am Mathew Waterfall : $AST HOD low vol but acting right
10:55 am Ronny D : I feel like were stalking lol
11:03 am Sandy S : $EOK going to run again
11:04 am Sandy S : $EVOK
11:04 am Sandy S : $XGTI news halt
11:05 am Curtis M : I think $XGTI is a TSLA contract
11:09 am Mathew Waterfall : Gonna take an early lunch aka breakfast on the west coast. Thought the quad witch would bring some more action this AM so looking for some in to the close
11:29 am OILQ K : another school session incredible lol
11:30 am phil d : what i cant figure out is how you learned all this
11:41 am OILK. K : stupd cool learning in here lately apprecate it
11:44 am Mathew Waterfall : Legging into $IWM next week 139c’s on this weakness. Small starter at .28. Will add if it can hold the 10 day on the daily
11:44 am Mathew Waterfall : Don’t want to see this under 134.92
11:57 am Rob D : Curt, is the NUGT (gold) trade gone?
11:57 am Mathew Waterfall : $XOM Dec23 93c’s at .15. Looking for a bounce here, concerning weakness on oil strength
12:10 pm Curtis M : Mat your mike vol may be low – it could just be me
12:11 pm Cal O : better
12:14 pm Mathew Waterfall : Sorry about that guys. Had to crank the mic level for some reason
12:22 pm Sandy S : was looking at miners too and didnt gp long
12:23 pm Mathew Waterfall : Second add on $XOM next week 93’s. Still a small position and will sit on these over the weekend. Lotto type place that will boom or bust but should get moving with oil here shortly. Might be held by by quad witch effect on overall market
12:25 pm OILK. K : just crank the volume Mat next time we can always turn down 🙂
12:28 pm Tyler H : Anybody looking at $XGTI?
12:30 pm Mathew Waterfall : Tried to buy puts on it earlier Tyler and it doesn’t have any options. That gap to the downside would have me nervous if going long
12:36 pm phil d : me too
12:41 pm Mathew Waterfall : $JWN post earnings dump. Looking at longer term calls. Have done well on this play in the past, plus just donated a chunk of money to them buying a suit so there’s got to be at least a few other suckers out there buying from them
12:44 pm Mathew Waterfall : Support around $50. Will add APR calls then if I take any
12:46 pm OILQ K : Love oleary call on DIS
12:46 pm Curtis M : oleary nut hahaha
12:55 pm Mathew Waterfall : Lots of action in $WFM here. Calls into Jan. I picked up a few Jan13 34’s to see what this is all about. In at .33. Playing for a take over rumor so small size
12:55 pm Curtis M : back for rig count oil looks weak intra strong mid range tho
12:56 pm Mathew Waterfall : Dollar coming off should help here as well
01:08 pm Mathew Waterfall : Feel like the market just wants to melt away premium today so I’m unlikely to barge into any more trades. Have my eye on a few if they set up right, but doubtful as of now
01:08 pm Curtis M : A lot of $JWN bears out there
01:08 pm Curtis M : y a mellow day
01:09 pm Mathew Waterfall : Easy to hate that stock and sector. Showing some bottoming interday but I still wouldn’t hit long quite yet
01:11 pm Curtis M : Im going to do some $STUDY but I’ll be here
01:12 pm Curtis M : Note to self: video on intra algo crossing lines day average
01:13 pm Tyler H : $DIS I agree with O leary
01:13 pm Sammy T : I watched that too – he had some good points actually.
01:17 pm Mathew Waterfall : /ES and $SPY LOD here. $IWM holding up but coming off as well. Not a good sign
01:24 pm Mathew Waterfall : I am opperating under the premise that pullbacks are too be bought, and the trend is our friend until in proves otherwise. It’s hard to get bearish quite yet though some consolidation between now and the new year is certainly a possibility
01:24 pm Mathew Waterfall : Trades do what works until it doesn’t and that set up has been working very well for me in the last couple of weeks sense the election
01:26 pm Curtis M : Ya the train isn’t off the tracks yet technically speaking
01:29 pm OILQ K : $EVOK n trouble
01:30 pm OILK. K : $EVOK wll getting shredded OILQ
01:31 pm Curtis M : U guys are awesome pair
01:32 pm darni t : $BREW looks god on the board and n about an hour
01:32 pm Sandy S : $EVOK dying
01:32 pm Jack D : $GNBC strong like bull and 52 wk high
01:35 pm Mathew Waterfall : Like that look in $BREW darni
01:36 pm Curtis M : I was looking at it to $BREW nice
01:36 pm Mathew Waterfall : $GNBC has been seeing a ton of chatter as well. Haven’t looked too closely but ibviously it has a lot of steam
01:40 pm Mathew Waterfall : $BREW NHOD. And I want a Kona brew. Thanks darni lol
01:41 pm Curtis M : Lol
01:42 pm Mathew Waterfall : $IWM nice wedge on the 10′ chart. A break to the upside would be lovely
01:42 pm Mathew Waterfall : MACD says we can do it
01:42 pm Curtis M : Oil getting there again
01:42 pm Curtis M : Back at critical resistance
01:48 pm Curtis M : Man would it just blow thru please lol
01:58 pm Curtis M : ok now please
01:58 pm OILQ K : lolz
01:58 pm Mathew Waterfall : Like this for confirmation $XOM 90 Calls BUYING Activity expiring on 20th Jan, Vol 11000
01:58 pm Curtis M : interesting
01:58 pm Mathew Waterfall : Might be a stock replacement purchase into end of year to hedge risk or something
01:59 pm Mathew Waterfall : That would replace 1,100,000 shares basically
02:00 pm Curtis M : Talking to a algo type guy respected that has a crazy bullish call on $FNMA fyi
02:01 pm Curtis M : My gut says oil goes very soon if not today soon
02:02 pm Tyler H : Maybe were just hungry:) $DIS is my focus right right now but oil looks good IMO
02:03 pm Mathew Waterfall : $DIS puts into next week IMO are the play here. I didn’t hear what Oleary said but that’s my read which I assume is basically what others are also thinking
02:04 pm Curtis M : Oleary was large on their content machine
02:06 pm Mathew Waterfall : O funny. Well the chart says double tops and over bought on the daily to me
02:07 pm Curtis M : ya that and other things are my challenge with it
02:08 pm Mathew Waterfall : They’ve also been getting slammed with the loss of ESPN subscribers. I’m not diving in to this much but the upside seems not so great here
02:10 pm Curtis M : Oil is coiling – technically bullish action
02:19 pm Mathew Waterfall : Selling $WFM Jan 34.5’s against my 34’s for .29. Original purchase of 34’s was 33 so I now have a .50 spread for .4 per contract. Will buy back the 34.5’s if appropriate. I do this on trades like this that I’m not super confident in
02:19 pm Mathew Waterfall : Max gain here is now .46 per contract with max loss then being .04 not .4. Sorry typo on that above
02:21 pm Mathew Waterfall : So that spread costs .04 and has.46 upside. Great r/r if $WFM can get going
02:25 pm Tyler H : eyes on crude 4 mins
02:26 pm Curtis M : coiling could be over soon lol
02:28 pm Mathew Waterfall : Now just give some mojo to my $XOM calls please. That would be great
02:28 pm Curtis M : 🙂
02:31 pm phil d : gotta ditch early GL! and thanks guys awesome!
02:31 pm Curtis M : thx phil
02:31 pm Mathew Waterfall : $SPY 60′ bombed out. Let’s see some rally here
02:31 pm Mathew Waterfall : Have a good weekend Phil
02:32 pm Tyler H : b nice to see crude hold this
02:35 pm Mathew Waterfall : Anyone play $QHC? NHOD thing looks like it wants to drift into the sky
02:36 pm OILK. K : Watching it thats all
02:36 pm Curtis M : I looked at it a couple days ago with hmm
02:36 pm Curtis M : Lots of bullish chatter
02:37 pm Curtis M : We’re letting 20 – 30 more n to this room Monday FYI and likely same week after – just wanted to get my groove
02:37 pm Mathew Waterfall : Working on it’s 8th green day in a row. Not too shabby
02:37 pm Tyler H : I kinda liked it cozy 🙂
02:38 pm Curtis M : Thats what your woman is for
02:38 pm Mathew Waterfall : lol
02:38 pm Curtis M : We’re here to kill and hunt and pound the table lol
02:40 pm gary y : curtis are you still in $JUNO, $CBMX?
02:41 pm Curtis M : hey gary yes
02:41 pm Curtis M : sorry i was daydreaming about the beach
02:42 pm Curtis M : I like $CBMX a lot mid term and $JUNO long term
02:42 pm Curtis M : My swing account has a lot of tolerence FYI – so careful with my swing plays
02:42 pm Curtis M : u in?
02:43 pm gary y : yeah but small
02:43 pm Curtis M : $CBMX is impresive
02:43 pm Curtis M : $JUNO is a big money magnet
02:44 pm Curtis M : but caution on both
02:44 pm Curtis M : I have an extremely aggressive trader bias to bullish side of market 2nd quarter next year and fwd
02:44 pm Curtis M : Q1 could be rocky
02:44 pm Mathew Waterfall : $JUNO’s daily today looks nice
02:45 pm gary y : nice yesterday too
02:45 pm Mathew Waterfall : I think we see all of the pent up selling released in Jan after people wait until we are into 17 and trumps new taxes
02:45 pm Mathew Waterfall : Jan 2016 round 2 is my thesis
02:45 pm Mathew Waterfall : Another reason I am keeping things smaller and tighter
02:46 pm Curtis M : TRUMP is going to change reality – we called every single step right from July dead on – I hate to nbe the bragger but people on average didn’t see what was coming and there is going to be a huge boom in economy by mid next year globally IMO
02:47 pm Curtis M : Trump and Putin and I believe YES China are going to get together and clean house – do some global sweeping
02:48 pm Curtis M : lol yes China
02:48 pm Curtis M : With Trump its all business – the deal
02:48 pm Curtis M : Ok I’ll stop but watch its coming
02:49 pm Curtis M : OIL!!!
02:49 pm Curtis M : Looking jiggy
02:49 pm Mathew Waterfall : I like your version of reality. I also like that the use of jiggy is catching on. We’re bringing it back!
02:49 pm Curtis M : lol
02:50 pm Curtis M : Ok last comment – Trump will run the world like a business – like a public company. That’s his plan. Ok done.
02:50 pm Mathew Waterfall : What I’m watching in $IWM http://tos.mx/ZiNawW
02:51 pm Mathew Waterfall : Looking for MACD cross over and 10/20 cross.
02:51 pm Curtis M : Nice – did Sartaj set you up to be able to screen share in here too? Or no?
02:51 pm Curtis M : That would be cool if not
02:51 pm Mathew Waterfall : Yea I can, didn’t want to take over the screen with the oil watch going on
02:52 pm Curtis M : Take it over any time – we’ll let you know
02:52 pm Mathew Waterfall : OK cool
02:52 pm Mathew Waterfall : If I have anything exciting I will lol
02:53 pm Sandy S : ya mat take over! i think curt wants to go to the beach – i read his biography on website today haha
02:53 pm Curtis M : 🙂
02:53 pm Curtis M : awesome action in oil
02:54 pm Curtis M : that intra day algo line I set up has been support and resistance all day
02:54 pm Curtis M : Thats a machine line not a traditional charting line
02:55 pm Curtis M : I set that up before the day got there – traditional charting cant do that
02:55 pm Curtis M : just though Id claridy
02:55 pm Curtis M : clarify
02:56 pm Curtis M : in fact I think I’ll take a quick screen shot
02:56 pm Curtis M : Ill do it on other monitor
02:57 pm OILK. K : Very excited to learn your toolkit Curt and Mats
02:57 pm OILK. K : Good combo
02:58 pm Curtis M : Algorithmic modeling is just using traditional charting in a different way – wth pure math
03:01 pm Curtis M : oh my USDJPY they’re back
03:01 pm Curtis M : USD/JPY that my friends is the Trump effect pure Trump they’re panicked
03:02 pm Curtis M : If USD/JPY gets gong agan and Gold loses its recent lows the basement it will fall in to is so extreme from a math perspective wow
03:02 pm Mathew Waterfall : Relentless with that thing. I have an interesting thesis on that and why we are leting it happen with regards to them being our largest dedt holder
03:03 pm Curtis M : for sure i already get it
03:03 pm Ronny D : You Guys are right
03:03 pm Ronny D : Its obvious
03:04 pm Ronny D : Media just doesn’t want to admit how wrong they were and this is an example
03:04 pm Ronny D : I’m long UWT too btw thanks Curtis for that!
03:06 pm Sandy S : I read through every call you guys have made just to be sure and every one has completed positive . Thought you guys might want to know that because I see the social things. They were not popular calls :):):)
03:06 pm Curtis M : Wow good group in here… hope we all bank hard next week.
03:07 pm Curtis M : Thats the market different views keeps it fun
03:09 pm phil d : $VALE has big blocks at play
03:09 pm phil d : I stayed
03:09 pm Mathew Waterfall : Next week should be fun
03:09 pm Curtis M : agree
03:14 pm Curtis M : $TXMD blocks too
03:22 pm Curtis M : well thats it for mee guys and gals! room open until 4:( have a great weekend and thanks for the kind words! best
03:23 pm Paul M : 🙂 cya
03:23 pm gary y : thanks curtis and mathew
03:23 pm Mathew Waterfall : Have a good weekend Curt.I’m also done trading for the day but will still be hanging out until 4 or so
03:23 pm Sammy T : Great week Curt thanks
03:24 pm Curtis M : u bet guys bye bye – bank hard next week
03:39 pm Mathew Waterfall : Alright shutting it down for the week. Sitting on the $XOM and the small position in $IWM through the weekend. Looking for a bounce early in the week next week as the market is now working off some of the overbought signals and consolidating a bit. Everyone loves a Christmas rally
03:39 pm phil d : bye mat!
03:39 pm Tyler H : later
03:40 pm darni t : Thanks Mathew

You can follow along with public calls our algorithms post on Twitter here:

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $EVOK, $CBMX, $JUNO, $UWT, $GLD $GDX $USOIL $WTIC $SPY $DXY $VIX $GDXJ $NUGT $DUST $JNUG $JDST $GC_F $USO $UCO $SCO $CL_F $UWT $DWT $ERX $ERY $GUSH $DRIP $SPY S&P 500

Dec 2016

My Stock Trading Plan for Friday Dec 16, 2016 in Chat room. $EVOK, $SHIP, $ESEA, $DCIX, $TIG, $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

REPORTING: This will be another quick report. The market is settling in now from an algorithmic modelling perspective and we expect all charting for all algorithms to be done and published again before Monday morning market open. IT IS IMPORTANT TO NOTE that the calls all the algos have made since inception seven months ago HAVE NOW HIT. THIS MEANS that there is a VERY HIGH PROBABILITY WE ARE RIGHT IN THE MIDDLE OF THE MARKET INFLECTION. So we are going to publish trade levels for all algos for direction up and down. If you are not a subscriber of a specific algo we cannot share detailed info about these algo calls (other than what is made public or is determined to be early beta for an algo). BUT OUR ROOM SUBSCRIBERS and DAILY MARKET NEWSLETTER subscribers will see the traditional charting we do and will be published (which is a precursor to and what we use to calculate the algo targets anyway). I say all of that just so that everybody is clear about how we do our reporting because we have received a number of inquiries the last 72 hours about this topic:) And frankly at inflection when the reverse trends occur that is the most important time in markets. So hopefully I explained that right.

So bottom line is today’s report is thin and starting Monday you will find the charting to become much more focused toward the upcoming moves in the market.

Per yesterday:

Yesterday came and went and there was some time / price cycle changes in each algorithm as a result of the Fed speak so we are including algorithm subscribers in this newsletter distribution this morning because it will be a day or two until price action settles and machine prediction is such that the algo targets. algo lines, time and price cycles, and intra trading quadrants can be published.

The trading room had issue yesterday with intermittent internet (which is bizarre because we have the best you can buy and we are supposed to be in a jurisdiction that has one of the best internet connectivity in the world). Anyway, if this occurs today (as with yesterday) we will just keep signing back in with you guys. While I am writing this is an issue again.

The algos have been nailing targets so be sure to review their Twitter feeds and the Post Market Trading Results newsletter from yesterday that was published this morning.

As far as timing is concerned with the algos, we have them all ready (the last few laggards) so when things settle over next day or two they will all finally be published in complete detail. It’s been a long seven months of work 🙂

Current Holds:

$CBMX, $JUNO, $UWT (deep dive)

Market Outlook:

As mentioned above; all algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out before Monday morning. WE SEE INFLECTION HERE – it may last a while – a pause – but it is either here right now or VERY VERY close.

Momo: $EVOK, $SHIP, $ESEA, $DCIX, $TIG

Petrobras signs $5B deal for Chinese financing, oil supply http://seekingalpha.com/news/3231083-petrobras-signs-5b-deal-chinese-financing-oil-supply?source=twitter_sa_factset … #premarket $PBR

MGM and Wynn rally after Goldman weighs in favorably on casino sector #premarket $MGM $LVS $BJK

S&P flat.

10-yr +0.26%.

Euro +0.44% vs. dollar.

Crude -0.61% to $50.59.

Gold +0.62% to $1,136.85.

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Momentum Stocks (Market Open and Intra-Day):

Some of my Favorite 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: $EVOK $SHIP $ESEA $DCIX $TIG $CANF $SINO $HZNP $JBL $DRYS $TXMD $PES $TSL $MTL $GSL $SDRL 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: $AKAO (momentum play this week), $AGIO (recent wash-out), $SGY (recent 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).

(5) Upgrades:$REGN $POR $PEG $RPAI $WRE $VER $CLI $DRE $BRX $BRO $PAYX $ADP $HZNP $SAIA $AVB $GE $KSU $SLG $MAC $COR $ESS $CP $ERIC $CCE $BID $VEEV $BCRX $KO $CLX $KSU $XEC $RICE $OXY $TGB $CRR $PES $AXL I will update before market open of refer to chat room notices.

(6) Downgrades: $DUK $PEGI $JWN $MRT $MPW $UDR $KIM $EPR $DEI $DCT $BDN $DRI $MSGN $CCP $SRC $SRC $ICLR $HP $NE $DO $RIG $ATW $DO $OII $TTI $HR $DOC $BXP $CPT $STOR $CDR $MRTN $KNX $HTLD $LSTR $CGI $WERN $RDC $FI $WTW $XEC $WLL $RSPP $CXO $CRZO $APA $SGMS $Q $PTEN 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 $ES_F ($SPXL, $SPXS)

On Monday you will have charting levels for the up move, the down move and the sideways move. Price is stuck at resistance I alerted before the Fed.

Outlook:

As I wrote this week:

In yesterday’s premarket (as I mentioned above) I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who know?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know. Detailed charting on deck.

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

Outlook:

As I wrote this week:

Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

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. SHORT $VIX SPIKES!

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)

As I wrote over and over again since July 2016 when our algo locked the math in:

BE VERY CAREFUL LISTING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting.

$USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

$USD/JPY Caution Gold bulls. Not broken yet. Gold: $GLD ($UGLD, $DGLD). Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) pic.twitter.com/FunXs6s1l7

— Curtis Melonopoly (@curtmelonopoly) December 7, 2016

USDJPY Bears were wrong. And will continue to be wrong until chart is broke. Aint broke.

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

Rosie the Gold Algo target call HIT!

Hit my PT from July call but not lower quad. Gold algo intra work sheet 558 AM Dec 5 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG pic.twitter.com/Uqoxwu4fCt

— Rosie the Gold Algo (@ROSIEtheAlgo) December 5, 2016

Hit price target predict @RosietheAlgo fr July waiting for algo quad confirm long. $Gold $GLD $UGLD, $DGLD $GDX $NUGT, $DUST, $JDST, $JNUG pic.twitter.com/aZ5m6n0fJ8

— Curtis Melonopoly (@curtmelonopoly) December 7, 2016

Target Hit! Gold collapses to @ROSIEtheAlgo 1133.00 price target bottom quadrant. $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo pic.twitter.com/UYUOKoVw3J

— Curtis Melonopoly (@curtmelonopoly) December 16, 2016

Per recent posts:

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

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. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

Yesterday Silver tanked real hard! Good thing we’ve been sitting on our hands awaiting inflection point here.

SILVER. Well here we go🔥 Target Hit! @SuperNovaAlgo called 15.80 – 16.25 price target months ago! $SLV $SI_V $USLV $DSLV Algos on fire! pic.twitter.com/qQyynuchnS

— Curtis Melonopoly (@curtmelonopoly) December 15, 2016

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

My Plan for Trading Silver: same

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.

Silver fighting with resistance. It could pop to 200 MA on 1 week. Possible. $SI_F $SLV $USLV, $DSLV

Other equities I like for Silver trade: $AUMN (penny stock). Same here, when trend reversal occurs I will post equity picks here.

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

We had a crazy set-up and trade execution in the room yesterday that I am hoping I get time to do a video on this weekend! Chart with entry and exit points is below.

Outlook:

Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second. We are looking toward Friday target now.

Trading Plan: I am in here on three entries – deep. Friday targets are above and below so this is a tough place.

Right ear sidewinder oil play called right to the second in trading room. Entry – exit Crude algo intra work sheet 418 AM Dec 16 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DET #OOTT #algo

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

Per yesterday:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article,

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: $EVOK, $SHIP, $ESEA, $DCIX, $TIG, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $UWT, $SLV, $GLD, $DXY

Dec 2016

Member Oil Trade Update Fri Dec 16 Charting Algo FX: $USOIL $WTIC ($USO $UCO $SCO $CL_F $UWT $DWT $ERX $ERY $GUSH $DRIP)

Friday Dec 16, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC ($USO, $UCO, $SCO,

Friday Dec 16, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP)

Welcome to my new FX: $USOIL $WTI oil trade report.

NOTICES:

NEW: Be sure to separate my algorithmic charting reports from the traders in our room (including my inventor as he disagrees with my charting at time also). This is important. Trade your plan.

NEW: We are having a technical coding issue with SMS text / email alert launch – will be resolved soon!

NEW: We will try and do a better job not relying just on our broadcasting voice alerts in the room because there are folks that are on cell phones that can’t hear our audio alerts so we will do our best to type the details of a trade etc intraday in the room text box. It will be easier when our full time staff are in the room in the new year because a lot of that load will be taken of the shoulders of the traders. AND, if you get kicked off because you lose service on your phone and you sign back in and you lose track of conversation just tell us in the room and we’ll email you the text you missed while you were away from room (as long as we have time). And finally, we will have the text alerts going over next few days but they won’t be perfect until early Jan when our staff are with us.

NEW: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most” If you are using our algorithms it is a must read.

MULTI-USERS: Institutional / commercial platform now available for multi-users – pricing and product information will be posted to website soon.

PATENT PHASE: As I mentioned I am now in patent application phase. Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADE ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures early 2017. My sub service w incl 24 hr crude oil trade room.

FX: $USOIL $WTI Observations:

Today will not be a detailed report because the markets have shifted post Fed and a direction needs to be determined by the market. Based on the post Fed market direction I can then give more clear and detailed algorithmic charting to members. Please refer to previous reports so you have the story line. We expect very detailed charting out by this Monday or Tuesday at latest FYI.

Here is the new : Live EPIC the Oil Algo Live Trading Chart Link

EPIC the Oil Algo Member Chart

https://www.tradingview.com/chart/USOIL/O2C75NLl-EPIC-the-Oil-Algo-Member-Chart/

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 50.76 6:32 AM ET Dec 16, 2016. Some thoughts with respect to traditional charting that may help advance you trading edge:

Crude oil algorithm chart indicators. Crude algo intra work sheet 632 AM Dec 15 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DET #OOTT #algo

Crude oil alorithm chart indicators – magnified. Crude algo intra work sheet 632 AM Dec 15 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DET #OOTT #algo

PLEASE NOTE: The magnified crude oil algorithm chart causes the arrows to move off target areas some – so refer to first chart above for more precise arrow locations.

Multi Week Trading Range for Swing Trading:

Note: Be careful with the prices you see in the purple boxes on the right of the chart – they do not line up on chart for price action (they are for indicators).

At current price of crude we are getting very close to the bottom of the upward trending channel (green arrow). This would be a high probability area to enter a long trade (set your stops).

If you have any questions email [email protected] with direct questions for direct answers. Or ask in the trade room in a private message to the lead trader.

Diagonal Trend Lines:

Some of the diagonal trend-lines are marked with a blue arrow on the chart above. The bottom of that triangle time price cycle also has a diagonal trend-line right there.

Price Action with 20, 50, 100, 200 MA

From yesterday:

On the chart above the 200 MA is marked with an orange arrow – it is will above price – watch this for resistance. If there was more time available this morning I would look at the 200 MA on each time frame because you need to be aware of where the 200 MA is on 5 15 30 1hr charts because it will play a role in support and resistance with crude trading 80% of the time. So do yourself a favor and be sure your running the MA’s on your own charting.

Here are four time frames with the 200 MA. The daily one below is the most important. Look at it – pin it in your mind.

200 MA 15 Min Chart. Crude algo intra work sheet 650 AM Dec 15 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

200 MA 30 Min Chart. Crude algo intra work sheet 648 AM Dec 15 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

200 MA 1 hour Chart. Crude algo intra work sheet 650 AM Dec 15 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

200 MA 1 Day Chart. Crude algo intra work sheet 650 AM Dec 15 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Fibonacci Levels:

I have left the Fib lines on this chart from a few days because they are still valid and running tighter intra ones right now isn’t productive because of the volatility experienced. So you either visit the trade room for them or run them on your charting so you are aware also of the Fib lines specific to the time frame you are trading.

Watch these lines for support and resistance. I don’t use them as traditional retracement levels with crude because the algo lines etc are more dominant. But the Fib lines are excellent indicators for intra-day trade support and resistance.

Horizontal Trend-Lines (purple):

Advanced Charting:

Respect support and resistance lines:

If you can be patient and take your long and short positions against these yellow lines for now that is your highest probability trading. With the recent geo political volatility with the Fed speak it makes the algo targets difficult because crude is not trading in its “natural” state that occurs when the geo political banter stops.

As I wrote yesterday and Wednesday:

Crude oil is still bullish – but there is a high probability that crude oil either visits the bottom of the channel yellow lines (diagonal) either this Friday or early next week – the Fed speak may have some bearing on this too so stay tuned!

Yes, the Fed speak came and crude oil price did lose the yellow support line and that line now becomes resistance!

Oil Time / Price Cycles:

Time / price cycles are the single most important indicator and my record calling them is near 100% – and that’s since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long postion. The price really spikes or drops significantly when these important time cycles terminate.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

I wrote yesterday:

THE CHART ABOVE SHOWS CRUDE TRADING IN A TRIANGLE (in white). If the price stays in the triangle price is 99% going to spike significantly to the upside or downside before it leaves the triangle at or near the end (usually well before the end). In this instance if price is still in triangle at 1:00 Friday (red dotted vertical line) this could very well be when price will spike or drop out of that triangle.

So the price did get close to the vertical dotted red line representing the Friday 1:00 time for rig count and as I wrote above the price did get volatile as it left the triangle – BUT you need to know the next time cycle is represented on the chart above – it is the larger triangle. Watch these triangles for entries because price can get violent as price enters or leaves the triangle.

We will update you in the trading room or by email notice if any other significant time / price cycles occur intra day.

Alpha Algo Trading Trend-Lines (Red dotted lines):

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range as I’ve mentioned but keep an eye on these indicators.

The alpha algo trendlines are on the chart above and there are two above price and one below price (orange arrows) – because they are so far away from the trading price be careful because the machines will take price to either of them so watch price action. Those trend lines are like the highway for machine trading that take the trading price to the target (circle).

Your alpha algo lines are marked on the chart above!!!

Current Alpha Algo Targets (Red circles):

I can report that the alpha algo primary probability target prediction from last week for Wednesday December 7 at 10:30 as a direct hit for that time / price cycle. And so did the Friday target at 1:00 PM as a direct hit! And Tuesday this week 4:30 target was a hit and Wednesday was incredible right to the exact cent and second for the time and price target prediction!

So what is your most probable algo target for Friday 1:00 EST? Your closest target that crude is trending toward is always the most probable. Crude is currently trending toward a target (red circles on chart) Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

The targets for this week are represented on the chart above and for the ones above you will need to follow the algo lines. Again, refer to the live charting I send you for this also or be in the trading room.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Also, please be sure to refer to the most recent post for your algo targets (there is an additional target as mentioned on the chart above now of course also).

The new targets for Tuesday, Wednesday and Friday next week will be published for you before market open Monday.

Oil Intra-Day Algo Trading Quadrants:

As I wrote yesterday:

Well we just got to a point where we were in a trading range and the quadrants were getting locked in last week and the geo political interference caused the break-out in crude oil price. So we need to wait now for Wednesday targets to expire and maybe Friday – but we’re getting to the point where we’ll be able to get aggressive with them soon because I am convinced the geo political catalysts will settle down for a while.

I completely neglected to consider / remember the Federal Reserve speak at 2:00 PM Wednesday. So now we wait until price action settles and then I will publish them.

We expect to publish these by this Monday or at latest Tuesday.

Indicator Methods:

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

There is an important trade video coming soon also with an excellent oil trade set-up that occurred in the trade room today!!!

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

PS If you are not yet reviewing the daily post market trading results blog posts, please do so, they are on the blog daily and often there is information that also may assist your trading.

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets

Dec 2016

Post Market Thur Dec 15 $CBIO $PIR $UWT $GLD $GDX $USOIL $WTIC $NUGT $DUST $SPY $DXY $VIX $USDJPY

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Thursday Dec 15 –

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Thursday Dec 15 – $UWT, $CBIO, $PIR, $SPY, $VIX, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $NG_F, $UGAZ and more.

Intro:

Notices:

Notice: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.

Overview Perspective & Review of Chat Room, Algo Calls, Trades and Alerts:

From my post market report Monday and follow-ups since,

Well, we have Fed talk Wednesday so yes the market may oompff a bit – but I expect it to run again until near Christmas or even closer to Preident Elect Donald Trump’s power transition.

I followed up with a warning in the member’s premarket with specific area of challenge in $SPY chart at 227.80.

Price action on $SPY struggled with that area all day and remained a challenge overnight, Wed Fed day challenged price action and overnght it is still struggling BUT THE CHART IS NOT BROKE and until otherwise our algo predicts are in play (new reports processing and available within a day or three).

$SPY Struggling with resistance overnight our algo alerted as resistance prior to Fed meeting. $ES_F $SPXS $SPXL S&P 500

$SPY Struggling with resistance overnight our algo alerted as resistance prior to Fed meeting. $ES_F $SPXS $SPXL S&P 500

SILVER. Well here we go🔥 Target Hit! @SuperNovaAlgo called 15.80 – 16.25 price target months ago! $SLV $SI_V $USLV $DSLV Algos on fire! pic.twitter.com/qQyynuchnS

— Curtis Melonopoly (@curtmelonopoly) December 15, 2016

Hit my PT from July call but not lower quad. Gold algo intra work sheet 558 AM Dec 5 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG pic.twitter.com/Uqoxwu4fCt

— Rosie the Gold Algo (@ROSIEtheAlgo) December 5, 2016

$USDJPY Did warn em. Break out. $GLD $GDX $NUGT $DUST $JDST $JNUG $DXY pic.twitter.com/BdhnHDIIKy

— Curtis Melonopoly (@curtmelonopoly) December 9, 2016

Target Hit! Gold collapse in to our 1133.00 price target to bottom of algo quadrant. $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

Target Hit! Gold collapse in to our 1133.00 price target to bottom of algo quadrant. $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

So that again leaves our inaugural algo EPIC!

From yesterday:

Epic the Oil Algo calls price and time for every Tuesday at 4:30, Wednesday at 10:30 and Friday at 1:00 (and much more than those calls) the week prior in his newsletter oil reports the week prior so that traders can plan their trades etc. Anyway… the Tuesday at 4:30 price and time target zone was hit yet once again! He’s firing at 93.3% call win rate (all published in advance like all over our algos).

And what do you know! Wednesday EPIC the Oil Algo HIT THE PRICE PREDICT TARGET TO THE EXACT CENT AT THE EXACT SECOND OF THE PREDICTION NINE DAYS PRIOR!

So were weren’t sure which target was going to hit – funny thing is primary target hit right to the cent at the second of the call and the secondary target hit about 2 seconds later right to the exact cent also. What a day for EPIC. Below is a shot of when price was on its way to targets and above is price of crude hitting both called targets within seconds of each other.

Targets for next week Tuesday 4:30 PM, Wednesday 10:30 AM and Friday 1:00 PM will be calculated by EPIC the Oil Algo and sent to members this weekend!

Friday 1:00 target for this week on deck!

My Personal Trades:

I only added to my long position in my swing account on $UWT and held overnight. There was an awesome set up (our code word for it in the lab is “right ear sidewinder” AND WOW DID IT PLAY OUT EXACTLY AS WE SAID IT WOULD to the second all the way through the trade. I will try and find time to a do a detailed video in this set-up this weekend – we hit that trade set-up at least 95% of the time and the price spike is violent so it is an awesome crude oil instrument related trade. Normally I would have sold right at the top of the spike (because of course knowing where that is in advance is key). But I am loading crude oil related plays in my swing account right now. Mid term play. Anyway, it was recorded live in detail in the trading room so I hope to get a video done on it.

Here’s generally what the oil related trade looked like on a chart along with some tweets and you will see in the log below of me alerting of the set-up and when it was complete (the details are more important and that is why I need to do the video, that set-up can be used over and over with oil related trade on intra-day trading with near 100% accuracy).

Right ear sidewinder oil play called right to the second in trading room. Entry – exit Crude algo intra work sheet 418 AM Dec 16 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DET #OOTT #algo – Green arrow entry alert, Red arrow exit alert – very detailed advance trade set-up explanation in the trading room and walked the traders through the whole process live second by second. The white line is the bottom of a time / price triangle trading quadrant the members were alerted to days ago that played out also – no traditional charting on earth provides that charting.

Right ear sidewinder oil play called right to the second in trading room. Entry – exit Crude algo intra work sheet 418 AM Dec 16 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DET #OOTT #algo

The alert process on Twitter (room transcript below and video coming from live trading session)

$UWT is a long crude ETN day trading instrument that allows you to get magnified gains if you are on right side of the trade. Not for beginners.

Got $UWT ?

— Curtis Melonopoly (@curtmelonopoly) December 15, 2016

I was confident because I had confirmation in the trading action that I was now again trading with the machines – makes it REALLY PREDICTABLE – to the second – watch the video – literally to the second. And that $USD/JPY from today – same thing – exactly to the cent to the second knowing in advance because when the machines are in they are in, in a way humans are not.

Happy to report they're back #machines

— Curtis Melonopoly (@curtmelonopoly) December 15, 2016

I alerted that there were large blocks trading in $USO – further confirmation.

$USO blocks

— Curtis Melonopoly (@curtmelonopoly) December 15, 2016

Right ear sidewinder in $USOIL watch out bears thank me later

— Curtis Melonopoly (@curtmelonopoly) December 15, 2016

I alerted prior to spike that I did accept tips (you never know a guy might get some love) – THEN IT SPIKED HARD! And of course I was broadcasting every step for our crew in the room.

I accept Silver tips

— Curtis Melonopoly (@curtmelonopoly) December 15, 2016

I have a big hat fyi

— Curtis Melonopoly (@curtmelonopoly) December 15, 2016

Alerted to exit the trade.

sidewinder completion

— Curtis Melonopoly (@curtmelonopoly) December 15, 2016

I'll do a step by step video this weekend on that sidewinder

— Curtis Melonopoly (@curtmelonopoly) December 15, 2016

A kind man thanked me.

very good call man

— JoeBuccamasa (@LuisitoRamone) December 15, 2016

Primary Lessons That May Help You With Your Trades:

Watch the two videos we’ll do on the oil trade and the USDJPY trade when ready.

Again, Mathew would have a book full of lessons with his trades lately (lots for folks to learn there) so it will be nice to have him on audio broadcasting in the room and I look forward to his watch lists and blog posts.

Looking Forward:

Now we are waiting for price action for our six algos to confirm targets etc and we’ll trade the other side of this inflection. IT IS GOING TO BE NUTS! Watch the algos on this inflection trade!

Announcements in Trading Room:

09:00 am Curtis M : PREMARKET MOMENTUM $CBIO $BOSC $PIR $ATHN $DSLV $JDST $ARWR $DUST $ONVO $DGAZ $NMM $MDLZ $MTL $LLY $IDXG $KKR

09:07 am Curtis M : $CBIO $DRYS news PREMARKET MOMENTUM $CBIO $BOSC $PIR $ATHN $DSLV $JDST $ARWR $DUST $ONVO $DGAZ $NMM $MDLZ $MTL $LLY $IDXG $KKR

09:08 am Curtis M : $CBIO $BOSC $ATHN $PIT $DRYS $DSLV $DUST $JDST $ARWR $MVIX $DGAZ $DWT $ONVO $LLY

09:31 am Curtis M : Watching momos $CBIO $BOSC $ATHN $PIR $DRYS $DSLV $DUST $JDST $ARWR $MVIX $DGAZ $DWT $ONVO $LLY Then on to Gold Oil SPY etc

10:25 am Curtis M : Momo $CBIO $PTCO $ESEA $PIR $ATHN $BOSC $DRYS $DCIX $JDST $DUST $PTN $IDCC $MVIS $UHS $GRFS

11:37 am Curtis M : On Lunch until 12:15 EST

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:06 am Curtis M : $CBIO mania
09:15 am Carol B : premarket looks decent
09:26 am Mathew Waterfall : Made it in. I’m having some weird issues apparently with my computer this AM so if things are laggy sorry about that
09:26 am Curtis M : modern life:)
09:27 am Curtis M : Watching open plays and then I will move over to standard when open settles down
09:33 am Tyler H : $CBIO went wrong direction
09:33 am Tyler H : Sorry $BOSC
09:34 am Mathew Waterfall : $AAPL pushing in to the gap. Watching to close out some of those calls
09:35 am OILQ K : I am staying long $AAPL in to Jan 1 in that time frame
09:36 am Curtis M : $CBIO and others not getting a great open yet
09:38 am MarketMaven M : $PIR bull
09:39 am Curtis M : $PIR squeeze is strong
09:45 am Joel O : Looking at $AMZN today on long bias
09:46 am Mathew Waterfall : $AAPL new highs. Losings the 10 on the 1′ and I’m cutting. Will let it run until 117 and get out around there
09:47 am Tyler H : Large spec on bid $ES_F we’re going hgher folks
09:49 am OILKING K : $VRX ss
09:50 am Mathew Waterfall : Out half of the $AAPL Dec16 118’s at .2 from .25. Will keep the other as a lotto play that will either double or go to zero, either way I’m fine. Didn’t buy enough time, looking at next weeks 118s
09:52 am Curtis M : This could it be it soon here on the sell side of $SPY
09:53 am Mathew Waterfall : On the mic, let me know if you can hear me
09:53 am OILKING K : Nice!
09:54 am Carol B : Thanks Matt
09:55 am Tyler H : $ES_F blasat off time
09:57 am Curtis M : Good quality head gear there Matt – clear
09:57 am Mathew Waterfall : Seeing a lot of IWM call buying and some large put sellers here. Should be in good shape for at least a pop into the end of the week. $ON calls working, $MPEL has some work to do
09:58 am Mathew Waterfall : Cool, glad that was easy lol
09:59 am Curtis M : The last time Iwent long and held ON and didnt check a stock was like 2 years ago – I did that with UWT – not sure if good or bad lol
09:59 am Mathew Waterfall : And right on time $IWM going vert. Looking for a hgher high over yesterday as first stop
10:01 am Curtis M : $SBPH halt
10:05 am Mathew Waterfall : Out half $IWM Dec23 138.5’s at .5 from .32. Keeping it tight. Will let the other half run
10:06 am Mathew Waterfall : And if you’re late it’s now even further north which is always nice
10:06 am Curtis M : snap back gonna be mean
10:07 am Mathew Waterfall : Yea /ES looks angry right now. Stop run to the north for the Santa rally
10:10 am Mathew Waterfall : $ON consolidating over yesterdays HOD. Like the steam in this one
10:11 am Curtis M : Shippers running
10:17 am Michael P : Back in 3 mins
10:22 am Mathew Waterfall : $XOM in a fed Dec23 92.5c’s @.3. Small position to start. Looking to see if this can retain some strength today and get back into the 92/93 range. Wanted it lower but it held up well
10:26 am OILKING K : Oil looks good yet IMO Mat
10:26 am Mathew Waterfall : Agreed. I don’t expect a downdraft in OIL but $XOM is always a bit of a proxy for OIL so you have to take that into consideration
10:27 am Curtis M : true that
10:36 am Mathew Waterfall : Out rest of my dec23 $IWM 138.5c’s. .62 from .32. Think it goes higher but looking for a breather and will reload. If not $XOM will have to carry me home
10:40 am Curtis M : $OPKA great chart
10:40 am Curtis M : $OPK
10:42 am Tyler H : Shippers dropped
10:43 am Mathew Waterfall : $AAPL bouncing off of gap support. Slow melt in last hour concerning but should be good for a pop north
10:43 am Mathew Waterfall : $ON 13’s. Booyah. Final target is 4’s on this one
10:43 am Dani M : excellent
10:45 am DaytradeX X : $NFLX stalking here
10:45 am Mathew Waterfall : If you’re in the trade and want to play tight can set a stop right above entry. It shouldn’t slip back below 12.73. If it does I would consider cutting
10:48 am Curtis M : $NFLX – I dont see how that biz gonna stay afloat – just me
10:50 am Curtis M : Gold in a dangerous place – next quadrant right below – algos will rape it down there -they have been in control
11:02 am Curtis M : I wonder if the 200 on the 1 min matters lol funny
11:03 am Curtis M : here we go
11:07 am Curtis M : Scaling 6000 $UWT picking my places tho short leash at fib crooss
11:12 am MarketMaven M : With ya Curt and tight stops too
11:12 am MarketMaven M : Nice fn timing
11:12 am OILKING K : That was interesting
11:13 am OILKING K : Right ear sidewinder?
11:13 am Curtis M : Its an oil trading term from way back lol – maybe they dont use it anymore
11:21 am Mathew Waterfall : Coffee break. Back in 20 or so
11:22 am Curtis M : Running scans enjoy
11:22 am Curtis M : me too
11:32 am Curtis M : Well that sucked
11:32 am Curtis M : But Im holding
11:32 am MarketMaven M : I am too but small positoin
11:34 am Curtis M : Where’s sandeep?
11:34 am Curtis M : u must b away from your computer
11:34 am John M : oil looks risky but I see your method
11:34 am John M : Im long TSLA
11:36 am Curtis M : One more round of deval and $USDJPY takes flight and Gold wlil be in bot hell
11:56 am Curtis M : Huge technical resistance on $USDJPY
12:02 pm John M : Curt USDJPY should take a breather here i think u ar right
12:04 pm Curtis M : Crude on top of a number of micro technical challenges now
12:07 pm John M : Yahoo a dog
12:07 pm David Z : Oil looking good now haha
12:07 pm Mathew Waterfall : Little lunchtime melt going on here. Expecting some more strength to come back into the market as bear haven’t been able to do much as of yet
12:08 pm DaytradeX X : Christmas rally will continue and trump train and gains tax train
12:09 pm Mathew Waterfall : USD is the thorn in our sides currently. Thanks Yellen
12:10 pm Dani M : Yellen seems out of touch
12:11 pm Curtis M : lol I will delete Yellen comments before publishing trading log bahahahah
12:11 pm Curtis M : She looks like she’d send the dogs of war
12:12 pm OILQ K : Long Spy or QQQ my think maybe
12:12 pm Mathew Waterfall : hahaha she will sick her horrible policy dogs on us
12:13 pm Curtis M : something yes she spooks me
12:13 pm Curtis M : its those collars
12:13 pm Mathew Waterfall : lol her outfits are like modern day chinese regime
12:14 pm Curtis M : haha
12:15 pm Mathew Waterfall : Just hit $NUGT for a bounc. 10 cent trailing stop, likely won’t net me much but it does like to bounce if the dollar yen can cooperate
12:15 pm Curtis M : Tempting trade with ths resistance
12:15 pm Curtis M : lol same time
12:21 pm Mathew Waterfall : Small add to $XOM position. Again nice strength on the day and looks like a cup and handle formation in progress
12:21 pm Mathew Waterfall : Only currently playing next weeks 92.5’s which are cheap
12:25 pm Michael P : what kinda magic was that wtf?
12:26 pm Curtis M : lilttle technical trick
12:26 pm Curtis M : did you watch how I did that?
12:26 pm Carol B : I DID
12:27 pm Drew M : That was sick
12:27 pm Curtis M : sick meaning good lol haha
12:27 pm Curtis M : mght still fail
12:29 pm Drew M : crazzy
12:41 pm Mathew Waterfall : $NUGT trying here, with a trailer I’m not really actively managing this trade but let’s see some bounce in the step please
12:45 pm Mathew Waterfall : $CHK Dec23 7.5 lotto trade. in @ .1. If oil holds this should get a pop. # bagger or doughnut on this no other option really so play at your own risk
12:47 pm OILKING K : I was looking at chk too
12:50 pm Mathew Waterfall : I’ll explain my thoughts on these lottos later today post market if you guys want some background in my thinking on these
12:51 pm Curtis M : Curt – remember 12:24 $USDJPY video and Sidewinder play on oil noon (note to self)
12:52 pm Curtis M : Matt u should do a blog post on it I’ll get Sartaj to get you set up
12:52 pm Mathew Waterfall : Sounds good
12:52 pm MarketMaven M : great ideas boyz like
12:53 pm Mathew Waterfall : $NUGT trying for 6. thought this was dead in the water 15′ ago lol
12:55 pm Mathew Waterfall : stopped at 5.95. Good enough for 20 cents a share on no real trade management. I’ll take the small win
12:55 pm Curtis M : yes nice profit is proft
01:01 pm Dani M : SPY gonna go
01:01 pm Curtis M : You are likely right
01:07 pm Curtis M : so glad I hammerd down so hard
01:07 pm Mathew Waterfall : Nice call Curt!
01:07 pm Curtis M : hey thanks Mat – truth is it was 50 50 but happy needed a hit
01:08 pm MarketMaven M : School today with you two guys. THANK YOU
01:08 pm Curtis M : 🙂
01:08 pm Mathew Waterfall : 50/50 with proper risk management can still pay the bills
01:09 pm Curtis M : Thats the secret right there
01:14 pm OILQ K : Anything look good Mathew?
01:15 pm Mathew Waterfall : No new positions for me, baybsitting what I have on the books
01:16 pm Curtis M : Not my skill
01:35 pm David Z : Pit close will be good or bad guys?
01:36 pm Curtis M : Tough call 50 50 with a little slant to good because of momo
01:38 pm Mathew Waterfall : I could see some profit taking here but I’m not playing it outside of my oil stock plays so YMMV
01:38 pm Curtis M : Ya you never go wrong taking profit
01:39 pm David Z : Good point
01:39 pm DaytradeX X : great day – lots of ed
02:09 pm OILKING K : what a cool play exactly like you said it would play too crazy neet
02:10 pm Dani M : Watching netflox again $NFLX
02:13 pm Darni P : Serious Mathew and Curtis best learning day and I have trade for 11 years. Looking forward to tomorrow. And Matts blog. I was thinking %DRYS for close thooughts?
02:20 pm OILKING K : Long $DRYS small
02:20 pm Mathew Waterfall : Glad you learned a few things today. Never stop learning
02:21 pm Mathew Waterfall : $drys looks ok. It couldnm’t get above 4.75 and has a recent low at 4.4 to play against so not a great r/r set up IMO
02:23 pm Curtis M : pure momo play
02:34 pm Curtis M : $KALV on scan
02:37 pm Curtis M : Just ran all the background on $KALV decent outfit guys
02:40 pm Mathew Waterfall : $DFIN working on a breakout for a swing
02:43 pm Curtis M : $CBIO blocks
02:48 pm Curtis M : $DRYS looking jiggy
02:55 pm Curtis M : $DCIX pop
03:00 pm Mathew Waterfall : $QHC HOD into the close here
03:03 pm Mathew Waterfall : Volume is lackluster but the daily candle will be a beauty. I’ll watch for continuation tomorrow
03:03 pm Curtis M : yup
03:04 pm Mathew Waterfall : And firmly into a gap that closes around 9.75 so a good candle to play against. Long over stop at LOD or around $7
03:14 pm Curtis M : So with this snap back $DRYS NHOD sqeeze I would ratchet stops at 5
03:16 pm Curtis M : If you get thru 5 your next res is 5.30 – 5.40
03:22 pm Curtis M : $CBIO 110% is a bit much but the way ths market is 300% may happen tomorrow
03:23 pm Mathew Waterfall : $AKAO says it can keep going lol
03:23 pm Curtis M : $DRYS just entered warp
03:26 pm Tyler H : I am out on $DRYS 40 cent winner
03:27 pm Darni P : ME TOO! thanks curt
03:27 pm Curtis M : I just alerted I didn’t play wish I did
03:27 pm Curtis M : risky stuff
03:35 pm MarketMaven M : $DRYS surprises me all the time. I wouldn’t hold it.
03:35 pm Mathew Waterfall : Debating $ORCL next week lottos for earnings. One of my favorite plays. recent strength with a sell off into the close right before earnings. ~1.50 move expected. Eyeing next week 43s but will likely just watch
03:37 pm Michael P : need to learn your moves mathew
03:37 pm Michael P : i will read your post
03:38 pm Dani M : see you tomorrow gyz!
03:39 pm Mathew Waterfall : I’ll work on it this weekend. It will have some technical stuff in there but be a decent primer for options with a slant towards lottos
03:39 pm Mathew Waterfall : $DFIN and $QHC looking strong into close. close eye on both$ON rallying to finish the day as well
03:40 pm Curtis M : All look good on that list
03:44 pm Mathew Waterfall : Rolling half of my $ON jan 13’s to 14’s for .36 credit. Great way to take some profits and keep the trade on. This will move the effective cost of those 14’s to .16 a piece. Keeping the other half of the 13’s and will outright sell those in coming days
03:45 pm Mathew Waterfall : You could also sell against the 13’s to creat a spread if you wanted or straight sell to lock gains but I think this goes higher as my previously mentioned target is 14 if the market cooperates
03:46 pm Mathew Waterfall : I promise, on of these days I will also learn to type. Editing my blog post this weekend will take longer than writing it I’m sure
03:46 pm Mathew Waterfall : *one see lol
03:47 pm Curtis M : lol
03:50 pm Mathew Waterfall : $AKS and $CLF pushing to close at HOD as well. in $XOM could join that would be very constructive
03:50 pm John M : Like $CLF
03:53 pm Mathew Waterfall : Same here John. 9.62 is an important level. Now that we’re over that I’m looking for a move back to the highs
03:53 pm Curtis M : $CLF makes sense
03:53 pm DaytradeX X : Im out good nite!!!
03:54 pm Joel O : in the morning peeps bye
03:54 pm Mathew Waterfall : $CLF was 121 in 08. Crazy
03:55 pm Darni P : YES TO $CLF – Catchya tmrw
03:57 pm Curtis M : Great day guys and gals thanks for the support!
03:57 pm Mathew Waterfall : See ya in the AM guys and gals
03:58 pm Carol B : see ya mat
03:58 pm Jack D : peace
04:01 pm Curtis M : out

You can follow along with public calls our algorithms post on Twitter here:

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD $GDX $USOIL $WTIC $SPY $DXY $VIX $GDXJ $NUGT $DUST $JNUG $JDST $GC_F $USO $UCO $SCO $CL_F $UWT $DWT $ERX $ERY $GUSH $DRIP $SPY S&P 500

Dec 2016

Pre-Market Newsletter Thurs Dec 15 $CBIO $BOSC $PIR $ATHN $USOIL $WTIC $GLD $GDX $SPY $SLV $DXY $UGAZ $VIX …

My Stock Trading Plan for Thursday Dec 15, 2016 in Chat room. $CBIO $BOSC $PIR $ATHN $USOIL, $WTI,

My Stock Trading Plan for Thursday Dec 15, 2016 in Chat room. $CBIO $BOSC $PIR $ATHN $USOIL, $WTI, $GOLD, $GLD, $GDX, $USD/JPY, $SPY, $SILVER, $SLV, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Important Notices:

This will be another quick report – with the recent OPEC volatility and Fed Speak volatility there is 100 times the work recalculating algorithmic models – so ya, best!

Yesterday came and went and there was some time / price cycle changes in each algorithm as a result of the Fed speak so we are including algorithm subscribers in this newsletter distribution this morning because it will be a day or two until price action settles and machine prediction is such that the algo targets. algo lines, time and price cycles, and intra trading quadrants can be published.

The trading room had issue yesterday with intermittent internet (which is bizarre because we have the best you can buy and we are supposed to be in a jurisdiction that has one of the best internet connectivity in the world). Anyway, if this occurs today (as with yesterday) we will just keep signing back in with you guys. While I am writing this is an issue again.

The algos have been nailing targets so be sure to review their Twitter feeds and the Post Market Trading Results newsletter from yesterday that was published this morning.

As far as timing is concerned with the algos, we have them all ready (the last few laggards) so when things settle over next day or two they will all finally be published in complete detail. It’s been a long seven months of work 🙂

Current Holds:

$CBMX, $JUNO, $UWT

Market Outlook:

Rupert Murdoch’s Fox announces takeover for remainder of Sky. $FOXA up 3.5% #premarket.

Momentum: $CBIO $BOSC $PIR $ATHN

Gold $GLD and Miners $GDX:

From yesterday:

Gold and miners may get a pop here with the Fed (and of course Silver in same boat). But there is the lingering bottom of the quadrant at 1133 from our Gold algo probability – so stay tight on it. $USD/JPY is off a bit in morning trade but it is also at a critical support so be careful!

In over night trading the bottom of that quadrant call was touched – so be prepared for long trade signals. We will scream it from rooftop if it comes.

Gold algo price predict target 1133.00 in sight. Gold algo intra work sheet 522 AM Dec 15 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

$VIX – now that we are other side of Fed this is not high on my watch list until between Christmas and Trump power transfer.

$NATGAS $NG_F has come off some from important resistance and lost the support I was watching. Now watching 3.34 support for action there and it is trading this morning at 3.44. This is on watch with me. Although we don’t have an algo to rely on as I’ve said.

$SPY

As I wrote yesterday:

$SPY hit the resistance zone I alerted in yesterday pre-market, came off, got steam popped above it and then yesterday struggled at the resistance I alerted and through the night struggled with that 277.80 area of resistance.

$SPY in premarket s 225.88 which isn’t that far off and the chart is not broken (just need algo reset as I said) – so we will get you detailed charts soon for these resets.

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

As I wrote yesterday:

Crude oil hit its algo target at 4:30 Tuesday after market close and at time of writing at 643 AM price is on its way toward the Wed 1030 AM targets. There are indicators turning intra bearish in the upward trending channel.

It did lose support in Fed speak volatility so the bearish indicators played out, however, it is still trading in upward channel which is still over all bullish – yet weaker with resistance overhead at yellow line.

And that brings me to momo stocks and rotation therein, looks like we continue with huge opportunities there also!

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Momentum Stocks (Market Open and Intra-Day):

Some of my Favorite 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: $CBIO $BOSC $PIR $ATHN $DSLV $JDST $ARWR $DUST $ONVO $DGAZ $NMM $MDLZ $MTL $LLY $IDXG $KKR 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: $AKAO (momentum Monday and Tuesday), $AGIO (recent wash-out), $SGY (recent 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).

(5) Upgrades: $AMD $XLNX $OKS $MMP $UNVR $TEF $CVX $HEI $FLO $PFIE $ZTS $MA $V $DXCM $SWFT $RRC $KSU $HLT $CVGW $TCBI $ZION $FHN I will update before market open of refer to chat room notices.

(6) Downgrades: $BPL $TEGP $PSXP $NOG $PLXS $MIDD $MOH $GIS $VRX $BBG $ZBH $EAT $WY $ACRE $OKSB $HYH $NLY $AGNC $BXMT $ARI $STWD $GIS $LADR 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 $ES_F ($SPXL, $SPXS)

Outlook:

As I wrote yesterday:

In yesterday’s premarket (as I mentioned above) I wrote about resistance the algo alerted at 277.80. This is still in play FYI. However, the Fed will determine now naturally whether we trend up or down from where we are. My bias is up until new year BUT I WOULD BE READY because money could get caught offside. Who know?

As pre previous and our algorithm call before election…. My bias is still to new highs but I am looking at a pull-back Christmas / Early 2017.

As above in my intro and previous, the chart ain’t broke till its broke. When its broke we’ll let you know. Detailed charting on deck.

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

Outlook: Looking for possible record lows before Christmas.

As above, I am thinking opportunity comes between Christmas and Trump, and by the way, when $VIX spikes the easiest play is short short short. FYI.

CNN Fear and Greed Index: http://money.cnn.com/data/fear-and-greed/

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. SHORT $VIX SPIKES!

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)

As I wrote over and over again since July 2016 when our algo locked the math in:

BE VERY CAREFUL LISTING TO THE $USD/JPY bears – they have been feeding misery to followers for many weeks – the chart is not broke – price is currently at support and there could easily be another leg up – nobody knows but the trend is your friend!

THIS IS STILL SUPER BULLISH!!!

My Trading Plan for Currencies / Global Markets: Waiting, waiting, waiting.

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

Per recent posts:

My Trading Plan for Gold: Short term there could be a pretty good pop around the Fed, but I don’t expect it would last. It could pop to the top of the algo quadrant but I don’t think it would run past – NOT YET ANYWAY. So who know’s I may play a short term scenario – Fed / market reaction dependent.

Per yesterday:

I am waiting for the trend reversal. We are very close to the price target at the bottom of that quadrant at 1133.00 ish. The initial wide frame target Rosie the algo nailed but there has been a wait and see for a reversal because of one more possible leg down. Getting very close IMO.

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. The idea is to get on the right side of the trade and trend.

WE SHOULD BE ALMOST THERE! GET READY! LIKELY BETWEEN CHRISTMAS AND TRUMP POWER TRANSFER! CHARTS COMING!

Other equities I like for Gold Trade: $AUMN (penny stock). When the trend reversal confirms I will post all the Gold equity picks here.

Silver $SI_F: $SLV ($USLV, $DSLV)

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

AS I WROTE LONG AGO – IT WILL HOLD UP BETTER THAN GOLD BUT I TRADE IT LONG WITH GOLD LONG ANYWAY. A downtrend is a down no matter how you look at it.

My Plan for Trading Silver: same

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.

Silver fighting with resistance. It could pop to 200 MA on 1 week. Possible. $SI_F $SLV $USLV, $DSLV

Other equities I like for Silver trade: $AUMN (penny stock). Same here, when trend reversal occurs I will post equity picks here.

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

Outlook:

Tuesday algo target at 4:30 hit and Wednesday 10:30 AM both targets hit to the cent and second.

Per yesterday:

There are concerning indicators that could cause crude to visit the bottom of the upward trending channel – so I am watching close at the critical supports. Also waiting for Fed speak market reactions.

Trading Plan: I am in here and I will hammer down more if it gains a support and runs. Friday targets are above and below so this is a tough place.

Natural Gas $NG_F $NATGAS ($UGAZ, $DGAZ):

Per yesterday:

Hit resistance as I thought and alerted.

Natural Gas hit heavy resistance, came off, now at a Fibonacci support. $NG_F $UGAZ $DGAZ

ON WATCH!!! This could get a considerable pop in to late Wednesday and even as far as in to late Monday next week is possible!!!

Natural gas lost that Fib support yesterday so now I am watching lower supports. I still think there is a possibility for a pop just after Fed speak!

ON CLOSE WATCH!

Study:

Now that a number of blog posts are being unlocked, it wouldn’t be a bad idea for traders to review them (especially new traders).

If you are trading relying on our charting or algorithms as trade indicators you should read this recent article, “Why our Stock Algorithms are Different.”

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: $CBIO $BOSC $PIR $ATHN Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, Small Cap Oil, $CBMX, $JUNO, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS, $DWT, $UWT, $SLV, $GLD, $DXY

Dec 2016

Member Oil Trade Update Thurs Dec 15 Charting Algo FX: $USOIL $WTIC ($USO $UCO $SCO $CL_F $UWT $DWT $ERX $ERY $GUSH $DRIP)

Thursday Dec 15, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC ($USO, $UCO, $SCO,

Thursday Dec 15, 2016 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP)

Welcome to my new FX: $USOIL $WTI oil trade report.

NOTICES:

NEW: We are having a technical coding issue with SMS text / email alert launch – will be resolved soon!

NEW: There is a new feature blog post at this link, “Why our Stock Algorithms are Different than Most” If you are using our algorithms it is a must read.

ETN’s: $UWTI and $DWTI have been resurrected by CitiGroup! $UWT and $DWT http://uk.reuters.com/article/usa-investment-etn-idUKL1N1E31ZB

LOCKED POSTS: Starting mid December the Member Editions will become available (be unlocked to general public) within days of original publication. Portions that include algorithmic calls and charting that are still in play will not be published until they expire.

MULTI-USERS: Institutional / commercial platform now available for multi-users – pricing and product information will be posted to website soon.

LIVE CHARTS: Live charting for members of my algorithmic modelling is now available on Trading View. Links are now emailed to members regularly.

PATENT PHASE: As I mentioned I am now in patent application phase. Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADE ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures early 2017. My sub service w incl 24 hr crude oil trade room.

FX: $USOIL $WTI Observations:

Today will not be a detailed report because the markets have shifted so much globally the last 24 hours. Please refer to prevoius reports so you have the story line.

Here is the new : Live EPIC the Oil Algo Live Trading Chart Link

https://www.tradingview.com/chart/USOIL/cSRpFCYI-USOIL-EPIC-the-Algo-Member-Chart/ –> arrow indicators on this chart

Price of crude oil came off during Fed speak yesterday and is now trading under major support (yellow line white arrow). Yesterday had crude HIT BOTH EPIC THE ALGO TARGETS for the Wednesday at 10:30 target time. The primary target hit literally to the second and cent of the call and the secondary target right above hit a couple seconds later to the exact cent!!! Alpha algo targets are in site for Friday 1:00 PM (you will see them on chart).

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 51.23 (602 AM ET Dec 15, 2016). Some thoughts with respect to traditional charting that may help advance you trading edge:

Crude oil trade indicators. Crude algo intra work sheet 602 AM Dec 15 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DET #OOTT #algo

Multi Week Trading Range for Swing Trading:

Note: Be carfeful with the prices you see in the purple boxes on the right of the chart – they do not line up on chart for price action (they are for indicators).

For swings, trade between the yellow lines – they are your primary support and resistance. The recent support intra was breached yesterday! I will detail new support and resistance on next report but for now look over the chart and trade the yellow lines at minimum. Also marked with white arrows on chart above.

Also, pay attention to the upward trending channel – you can enter long and sell in between the channel yellow lines as it trends.

If price stays below the resistance at then you trade the channel under that.

If you have any questions email [email protected] with direct questions for direct answers. Or ask in the trade room in a private message to the lead trader.

Diagonal Trend Lines:

So when price dropped it did stop at a diagonal trend line (blue line with green arrow) – these are important to watch. There is another below marked with a green arrow and the others on the chart are not marked. When price lost its support yesterday and it took a dive it lost it at a diagonal trend line.

There is one diagonal trend line above intra price and on two below (blue diagonal thin lines trending up). Look at the chart above – you will see where the diagonal trend lines are trending – WATCH THEM CLOSE. And remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link earlier in this blog so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

Price Action with 20, 50, 100, 200 MA

On the chart above the 200 MA is marked with an orange arrow – it is will above price – watch this for resistance. If there was more time available this morning I would look at the 200 MA on each time frame because you need to be aware of where the 200 MA is on 5 15 30 1hr charts because it will play a role in support and resistance with crude trading 80% of the time. So do yourself a favor and be sure your running the MA’s on your own charting.

Fibonacci Levels:

Watch these lines for support and resistance. I don’t use them as tradtional retracement levels with crude because the algo lines etc are more dominant. But the Fib lines are excellent indicators for intra-day trade support and resistance.

Horizontal Trend-Lines (purple):

Advanced Charting:

Respect support and resistance lines:

As I wrote yesterday:

Crude oil is still bullish – but there is a high probability that crude oil either visits the bottom of the channel yellow lines (diagonal) either this Friday or early next week – the Fed speak may have some bearing on this too so stay tuned!

Yes, the Fed speak came and crude oil price did lose the yellow support line and that line now becomes resistance!

Oil Time / Price Cycles:

Time / price cycles are the single most important indicator I use as a trader and EPIC’s record with them is near 100% – and that’s since inception seven months ago. The reason they are so important is that I as a trader do not want to be holding a crude oil instrument at a termination of a time cycle if I am not absolutely sure if price will go up or down. I will however go really deep in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE if we are trading at a really important pivot area. In other words, if we were trading at the bottom of the upward trending channel at a support (yellow lines) and I knew there was a significant time cycle about to terminate I would go really heavy with a long. The price really spikes or drops hard when these important time cycles terminate. Fantastic plays.

The problem with time / price cycle terminations is that they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert – now we will do everything we can in future to send these on SMS but I want to be careful because it can be difficult with so much going on in the room. The reason they change is because they are actually represented by or are geometric shapes in the chart – I know it sounds weird but we’ve hit them just shy of 100%. And the oil political guys know the same thing and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THESE TIME CYCLE TERMINATIONS. So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of things)… then we know there is a high probability of a time and price change. In other words, its where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle terminate – the larger the spike or downdraft. This is where we establish our intra-day qudrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review EPIC’s Twitter feed, blog posts and his story on our website you will get a feel for how accurate these are.

THE CHART ABOVE SHOWS CRUDE TRADING IN A TRIANGLE (in white). If the price stays in the triangle price is 99% going to spike significantly to the upside or downside before it leaves the triangle at or near the end (usually well before the end). In this instance if price is still in triangle at 1:00 Friday (red dotted vertical line) this could very well be when price will spike or drop out of that triangle.

We will update you in the trading room or by email notice if any other significant time / price cycles occur intra day.

Alpha Algo Trading Trend-Lines (Red dotted lines):

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range as I’ve mentioned but keep an eye on these indicators.

Current Alpha Algo Targets (Red circles):

I can report that the alpha algo primary probability target prediction from last week for Wednesday December 7 at 10:30 as a direct hit for that time / price cycle. And so did the Friday target at 1:00 PM as a direct hit! And Tuesday this week 4:30 target was a hit and Wednesday was incredible right to the exact cent and second for the time and price target prediction! As I mentioned at the beginning of this post!

Close-up of exact penny to the exact second in 9 day advance call. 1258PM Dec 14 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT #algo

Show me another algo on Wall Street that is available to the public that can do that!

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Also, please be sure to refer to the most recent post for your algo targets (there is an additional target as mentioned on the chart above now of course also).

Oil Intra-Day Algo Trading Quadrants:

As I wrote yesterday:

Well we just got to a point where we were in a trading range and the quadrants were getting locked in last week and the geo political interference caused the break-out in crude oil price. So we need to wait now for Wednesday targets to expire and maybe Friday – but we’re getting to the point where we’ll be able to get aggressive with them soon because I am convinced the geo political catalysts will settle down for a while.

I completely neglected to consider / remember the Federal Reserve speak at 2:00 PM Wednesday. So now we wait until price action settles and then I will publish them.

Indicator Methods:

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

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