Compound Trading Premarket Trading Plan (Trade Alerts, Stock Market News & Chart Set-Ups) Monday January 14, 2019.

In this premarket trading edition: Earnings, $C, $MBOT, $GCI, $YGAZ, $DCAR, $YGTI, $YETI, Oil, SPY, VIX, BTC, Gold, Silver, DXY  and more.

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


Notes in red text in this report are more recently important.

Scheduled Events / Platform Development / Team Work in Progress:

  • Reporting
    • Jan 14 – New EPIC Oil Algorithm model was published (there is still minor anomalies from holiday but not significant enough to note). Swing reporting will be intensive in to earnings season with a series of mini reports. The other model updates will flow and be released throughout the week.
  • Main Trading Room
    • Jan 14 – I am in session in main trading room today for market open, mid day review, during active trading, in futures.
  • Development Team Work in Progress:

15 RULES to TRADING (inspired via trade coaching session I just completed, there’s more, but here’s 15 for the traders learning). I have to do this, hope it helps someone out there, here goes…

Premarket Reporting: Per lead trader availability basis only (the pre-market reports are not published every market day – they are a way for our team to communicate with our member clients and update market conditions when time allows).

Private Member Discord Server Chat Rooms: BE SURE to get in to each private Discord server specific to your specific subscription type (bundles) – many of the updates as we go forward will be posted in there and detailed trading plans for alerted trades are often discussed by our lead trader in the rooms. This includes the SWING TRADING platform also. IF YOU NEED A LINK / INVITE email us.

Real-time Trade Alerts:

Real-time Trade Alerts for Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds.

Oil Trading Alerts, Swing Trading Alerts, Day Trading Alerts, Bitcoin Trading Alerts.

Disclaimer / Disclosure, Terms of Use:

Subscribers: read disclaimer.

Blog / Video / Social Posts / Learn to Trade: 

#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC …

How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: via @YouTube

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

Some Recent Chart / Trade Set-Up Reports: 

See YouTube, member email direct reports and blog for other recent videos or blog posts. Listed from most recent. Much of the premium member reporting posted below is delayed and may or may not require password.

Jan 14 – Protected: Swing Trading Earnings | Feature Report | $C, $SJR, $BAC, $DAL, NFLX

Jan 10 – DO NOT MISS THIS POST / VIDEO: How I Day Trade Crude Oil: 5 Trades 5 Wins 1.5 Hours 90 Ticks | Trading Room Video | Oil Trade Alerts

Jan 8 – A number of trading strategy posts were sent to members recently that are not listed here. Please review blog list – ask Jen for passwords if you require them.

Jan 6 – Protected: Crude Oil Trading Strategies | 240 Min Simple Chart Model Structure & Trade Plan

Jan 3 – Protected: Crude Oil Trading Strategies | Oil Trading Room | Trade Oil Review

Jan 3 – Protected: Gold Trading Strategies | Live Trading Room | Chart Review

Jan 3 – Protected: SP500 SPY Trading Strategies | Live Trading Room | Chart Review

Dec 11 – Current Trades Reviewed: Oil, SPY, VIX, NatGas, Time Cycles, Gold, Silver, DXY…

Nov 29 – Protected: Swing Trading Special Report Series (Part E) Thurs Nov 29 ATHM, ESPR, CALA, APVO, MOMO, GSUM, CLDR, FIT …

Nov 29 – Protected: Trading Strategies: Crude Oil WTI USOIL, Bitcoin BTC, SP500 SPY, Volatility VIX, Arrowhead ARWR …

Nov 18 – Swing Trading Special Report Series (Part D) Sun Nov 18 NFLX, MTEM, PYX, XXII, PRQR, BOX, GTHX, SSW, HIIQ …

Nov 7 – Swing Trading Special Report Series (Part C) Nov 7 AAPL, BABA, AMD, EDIT, CARA, OSIS, BZUN, NIHD…

Oct 30 – The Best Crude Oil Day Trading Signal Available | It Happened Again Today for 153 Tick Gain Intra-Day.

Oct 29 – Swing Trading Special Report Series (Part B) Mon Oct 29 SQ, AGN, BOX, PRQR, NBEV, PYX, NFLX, BLDP, LEVB, DIS.

Oct 28 – Crude Oil Trading Strategy | Technical Analysis & Guidance.

Oct 23 – Crude Oil Trading Strategy: Career Trade Set-Up. Technical Analysis Trading Room w/ Video.

Oct 20 – Crude Oil Algorithmic Trading: A Simple Strategy That Wins – Real Life Example.

Oct 17 – Daytrading Crude Oil: Buy Sell Signals Strategy for Intra-day Sell Off Reversal.

Oct 15 – Crude Oil Trading Strategies: This Is It. How To Trade Crude Oil’s Next Move.

Oct 8 – Crude Oil Trading Strategy – How I Will be Trading Oil in to Time Cycles.

Oct 7 – How I Will Be Trading Bitcoin in to Increased Volatility (We Expect) Next Two Quarters.

Oct 4 – Day Trading: Trading Momentum Stocks With A Catalyst Using Technical Analysis. Case Example $ROKU.

Oct 2 – Swing Trading Alerts (w / video) VIX, Gold, Silver, Tesla $TSLA, $LEVB, $BTC, $EDIT, $PYX and more.

Recent Educational Articles / Videos:

I get a lot of Questions on How to Trade our Structured Chart Models, this video has 5 min starter explanation at 1:00 min-6:00 min. … – Fibonacci Trend-lines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.

Trading Plan / Watch Lists. Morning Momentum / Gaps / News / PR / IPO / SEC Filings / Earnings Stocks on Watch: 

Monday Jan 14 – Earnings season starts, looking for my swing trade set-ups to develop as we get in to the season. Machine trade model for oil posted to Discord private member server that has a channel we are watching to confirm possible reversal in trend (up). VIX and $SPY on high watch with earnings season starting. May have missed my NatGas $UGAZ long I was talking about taking. $DXY US Dollar near 200 MA support test on daily, also on watch and VIX near lower Bollinger band, $TVIX on watch.

Citi $Coff a bit premarket (reported earnings), but only .65% off in premarket. On watch today per swing trading report released this morning.

See more recent premarket reports for more of my possible set-ups.

Friday Jan 11 –

On watch: Looking for a buy side signal as close to 52.60 (in crude oil) as possible for a price target of 53.52 today. Bullish scenario on FX USOIL WTI traded on CL.

We have been looking for a pull back in oil for a number of reasons (watch mid vids and reporting)… anyway, in classic oil style we have not got much of any pull backs, HOWEVER, if you review the 240 minute model you will see a time cycle peak around Jan 14, 2019 that isn’t huge but big enough to potentially cause a pull back BETWEEN TODAY and next Wednesday. This would give me opportunity to add to the DWT short position (at oil support after pull back), at start of pull back take a long VIX, long Natural Gas, short SPY or QQQ, long dollar, long possibly Bitcoin, Gold, Silver and then when oil bounces reverse all those trades.

The machine trading will now get more aggressive as the EPIC oil model is finally normaliziing after holiday trade anomalies (the software triggers on the chart, so the structure of the chart s important).

Thanks for your patience with the reporting, we’re on it, we just got in deep with the oil anomalies and this possible turn. We need to have a structured oil plan for the rest of the trading in equities ad algorithms to find the core of the move.

Swing trading reports are near done and should be flowing out within 24 hours, EPIC report also and in to next week all the other algorithms.


Wednesday Jan 9 – EIA day, this will be interesting to see if the move in overnight oil futures is supported post EIA. We want a pull back to add to DWT short swing and establish structure for the daytrading of this possible reversal in trend. If you haven’t read the related reports for a possible reversal please do so. If you need access codes for historical posts on blog please email Jen a list that you require.

Would like to see small short term pull back in markets and then go in to May 2019 per my reporting in to end of December.

The reporting for this new time cycle will start tonight. Dig deep, you will thank yourself on the other side of this 6 months later.

Tuesday Jan 8 – Today in to EIA is the final watch on market structure that we need and we’ll start producing the structured trading range reports for the next 6 months. 24 hours of patience. Then its go time. I think we have it nailed down. Please watch those mid day review videos so you are in the know before we go. Really really important.

Monday Jan 7 – Two days to let market structure settle and the report flow for the next six month time cycles starts. #patience #caution.

Fri Jan 4 – If Fed pauses hikes and US-China trade relations improve oil should run in to May targets oil bundle members have (especially if OPEC cuts remain in play), the markets should run up in to May. Gold, Silver, VIX, DXY and Bitcoin may (are likely) to get soft and equities will be a stock pickers environment (traded properly within instrument structure) during that period (Q1 2019). Generally this is how it looks currently. But yet to be seen in to next week forward – this is one scenario. Reporting and alerts (either way) will become very active as next week rolls out and in to next 6 months. We will have the structure of trade for our coverage (the algorithm models and swing platform) so that we can trade either scenarios (up or down in each, including swing trading).

Market Observation:

Markets as of 8:19 AM: US Dollar $DXY trading 95.62, Oil FX $USOIL ($WTI) trading 50.83, Gold $GLD trading 1294.65, Silver $SLV trading 15.60, $SPY 256.76 (premarket trade), Bitcoin $BTC.X $BTCUSD $XBTUSD 3541.00, $VIX 19.9 and NatGas 3.382.

Momentum Stocks / Gaps to Watch: $MBOT $GCI $YGAZ $DCAR $YGTI $BOIL $YETI

$GCI (+20.0% pre) Hedge-Fund-Backed Media Group Makes Bid for Gannett – WSJ

$GG (+9.1% pre) Newmont Buys Goldcorp for $10 Billion to Be Top Gold Miner – BBG

$YGYI (+14.7% pre) Youngevity International Announces Exclusive Cross-Marketing Agreement with Icelandic Glacial.

$VLRX (+7.3% pre) Valeritas (VLRX) Announces V-Go Received Preferred Status on OptumRx Formularies – SI

28 Stocks Moving In Monday’s Pre-Market Session $MBOT $GCI $GG $YETI $BOOT $VAMT $YGYI $PCG $TLRD $VRNA $USAT $HUD $NEM $WDC $ASNA


23 of 24 strategists expect the year to finish higher than Friday’s close — Cantor Fitzgerald’s Peter Cecchini is the lone dissenter at 2,390: BBG per @zerohedge

Stocks making the biggest moves premarket: GG, LULU, AAPL, PCG & more –

Recent SEC Filings / Insiders:

Insider Buys Of The Week: Dish Network, Hartford Financial, Medtronic $DISH $HIG $MDT

Recent IPO’s, Private Placements, Mergers:

Gannett’s stock soars after MNG’s unsolicited buyout bid, valuing the USA Today publisher at over $13 billion.

New Fortress Energy to offer 22.2 million shares in planned IPO, priced at $17 to $19 each.

Aurora Cannabis to buy Whistler Medical Marijuana in a $132 million stock deal.

Slack plans to public via rare direct listing in coming months–WSJ.



Ascena shares down 4.9% after updating Q2 guidance to loss of 23 to 28 cents per share.

Shares of airport retailer Hudson slide 7% premarket after sales guidance falls short.

Crocs raises Q4 revenue guidance after ‘best fourth quarter in years’.

Abercrombie & Fitch’s stock surges after Q4 sales outlook.

Tailored Brands lowers Q4 guidance as Jos. A. Bank sales fall short.

Cray shares slide 4% after company backs forecast for ‘substantial’ loss in 2018, 2019.

Citigroup misses fourth-quarter revenue expectations on much weaker-than-expected bond trading #swingtrading $C #earnings #premarket –

#earnings for the week


#earnings season


A look at Jan #earnings calendar.


Trade Set-ups, Alerts, Charts & Reports. Recent / Current Holds, Open and Closed Trades:

Refer to date at top left of each chart (charts can be carried forward for some time). Trade alerts and stock chart set-ups should be traded decision to decision process – when trade set-up fails cut position fast. Leg in to winners at key resistance and support (at retracement or breach) and exit losers fast based on technical support and resistance. Not all set-ups work, the purpose of technical analysis is to provide a framework to trade (chart structure enables a trader to set stops where a trade has failed or leg in to winners and trim winners). Purpose of trade alerts is to bring awareness of a trade set-up in play but you have to execute the trade based on your trading strategy (which should be harnessed in your rules based process).

CITIGROUP INC (C) earnings swing trading targets on daily chart for bullish and bearish trend of trade post earnings #swingtrading $C #earnings

CITI, C, earnings, swing trading

CITIGROUP INC (C) earnings swing trading targets on daily chart for bullish and bearish trend of trade post earnings #swingtrading $C #earnings

Its a machine coding doodle chart, but we are looking for channel highlighted in yellow to hold for trend reversal confirmation in crude oil.

machine, trading, oil, futures, crude

Its a machine coding doodle chart, but we are looking for channel highlighted in yellow to hold for trend reversal confirmation in crude oil

Screen shots from the Discord private server oil chat room (guidance and alerts I was providing members in chat room).

member, chat, room, crude, oil, trading, alerts

screen shots from the Discord private server oil chat room (guidance and alerts I was providing members in chat room).

Oil trade since late Dec time cycle peak I was on about. $CL_F $USOIL $WTI $USO #timecycles #oil #OOTT

Oil, trade, alerts, trading room

Oil trade since late Dec time cycle peak I was on about. $CL_F $USOIL $WTI $USO #timecycles #oil #OOTT

When @EPICtheAlgo helps you win $CL_F $USOIL $USO $WTI #oil #trade #alerts #OOTT

oil, trade, alerts, crude

When @EPICtheAlgo helps you win $CL_F $USOIL $USO $WTI #oil #trade #alerts #OOTT

Closed $DGAZ long at 86.79 (NatGas short) from 52.30. Nice trade. #swingtrading #premarket

DGAZ, trade, premarket, alert, NatGas, NG_F

Closed $DGAZ long at 86.79 (NatGas short) from 52.30. Nice trade. #swingtrading #premarket

Gold (Monthly) Structure seems to suggest near term resistance at diagonal FIB TL, yet to be seen. #GOLD $GC_F $XAUUSD $GLD $UGLD $DGLD #swingtrading

Gold, swing trading, chart, $GLD

Gold (Monthly) Structure seems to suggest near term resistance at diagonal FIB TL, yet to be seen. #GOLD $GC_F $XAUUSD $GLD $UGLD $DGLD #swingtrading

Last trading session in crude oil trade alerts screen shot. Will be more active now that not sick and Jan 1 near. #oiltradealerts

oil, trade, alerts

Last trading session in crude oil trade alerts screen shot. Will be more active now that not sick and Jan 1 near. #oiltradealerts

Chewing around the edges of volatility $VIX $TVIX $UVXY Short #tradealerts #swingtrading

I love EPIC FX USOIL WTI $CL_F $USO #Oil #trading #alerts #algorithm #OOTT

Machine trading crude oil with EPIC Oil Algorithm at premarket open. Tues 4:30 price target hit perfect also from weekend reporting #Oil #TradingAlerts $CL_F FX USOIL WTI $USO #OOTT

Machine trading day today FX USOIL WTI $CL_F $USO #Oil #trading #premarket #OOTT

Our machine trading was making money today, but as a human trader that was no easy trading session in oil. Even the machine trading had some cuts (small) but won over no problem. #oil #machinetrading $CL_F FX USOIL WTI $USO

Machine trading screen shots from oil alert feed tonight. FX USOIL WTI $CL_F $USO #Oil #Trading #Alerts #OOTT #machinetrading

Oil, trade, alerts

Machine trading screen shots from oil alert feed tonight. FX USOIL WTI $CL_F $USO #Oil #Trading #Alerts #OOTT #machinetrading

We are short DWT (short oil ETN) from last week $USOIL $WTI $CL_F $USO $UWT #oil #trade #alerts

short, trade, alert, premarket, DWT

We are short DWT (short oil ETN) from last week $USOIL $WTI $CL_F $USO $UWT #oil #trade #alerts

Volatility short TVIX trade went well. $VIX $TVIX Looking for a bounce in to Dec 5 #volatility #trading

Volatility, trade, alert, VIX

Volatility short TVIX trade went well. $VIX $TVIX Looking for a bounce in to Dec 5 #volatility #trading

To catch a knife 🙂 Daytrading crude oil #OOTT #oiltradealerts $CL_F FX USOIL WTI $USO

Where can you find a trading setup that executes for a 150+ tick day trade in crude oil with back tested win side probability 90%. Test it and tell us we’re wrong. Member report below. $USOIL $WTI $CL_F #OIL #trading #OOTT

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

-Weak China trade data
-Shutdown continues
-Big week for Brexit (really)
-Markets lower
-Bank earnings season kicks off

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

Momentum Stocks (Market Open and Intra-Day):

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

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

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

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

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

(1) Pre-Market Gainers Watch-List: $MBOT $GCI $WTER $UGAZ $ROX $BOIL $GG $VLRX $BOOT $YETI $UNG $VVUS $TVIX $UVXY

(2) Pre-market Decliners Watch-List :

(3) Other Watch-List:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWT, $DWT, $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), $BTCUSD Bitcoin.


$LJPC upgraded to Hold from Underperform at Jefferies. PT lowered to $6 from $13





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


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

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



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

Article Topics: Premarket, Stocks, Trading Plan, Trade Alerts, Trading Room, Swing Trading, Day Trading, Earnings, $C, $MBOT, $GCI, $YGAZ, $DCAR, $YGTI, $YETI, Oil, SPY, VIX, BTC, Gold, Silver, DXY 

Review of my Chat Room Stock Day Trades for Friday Nov 4, 2016.

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 is deleted for this post) . Chat trade room is also video recorded daily for trade evidence (also in permanent archive).

In addition to chat (per below), this trade-room has live 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.

Before I get started on a review… I have to take this opportunity to apologize / follow-up on some unanswered questions in room from Friday:

Susan Woo – I didn’t see your questions in the chat room Friday… I get so involved in charts so my apology – my premarket today will cover though.

Mathew – Yes, go ahead and share charts until our room gets too busy. We’ll let you know when we all have to pull back on chatter etc. Until then… sure.

Here’s the trading room chat log with respect to my trades:

08:54 am george d : curt and I having coffee will be in room before open for morning momentum plays

09:18 am Curtis Melonopoly : Looking at morning momentum stocks

09:23 am Curtis Melonopoly : Premarket $WTW $PBR $ARRY $TRUE $CBS $CLNE $CSOD Personal watch: $SPY $XIV $FXC $AAPL #premarket #watchlist #wallstreet #daytrading #stocks

09:35 am Curtis Melonopoly : $DCTH looking for 2.67 to hold and go

09:37 am Curtis Melonopoly : Looking for break over 3.27 and 2.67 to hold

09:39 am Curtis Melonopoly : Out on y $XIV Swing big win – daytrade still in.

So this was my win # 1 of the day – it was a large $XIV swing trade from the day before with large swing account.

At this point I am still holding from the day before the $XIV overnight hold on the small daytrade account.

09:40 am Curtis Melonopoly : I was all in there on that swing so that was a big win $XIV

09:44 am Curtis Melonopoly : Looking at lower supports for more $XIV swings – out of large entry in swing but holding small account $XIV

09:48 am Curtis Melonopoly : Looking for bottom or top range on $SPY for volatility plays $TVIX or $XIV

09:53 am Curtis Melonopoly : Long $XIV on swing account 33..11

So this was a long for a scalp on the large trade account (my small account was still long and holding)

09:55 am Curtis Melonopoly : Trailing out $XIV 33,32 plus for scalp

So this was win #2 on the day – a scalp for .5% or so.

09:55 am Curtis Melonopoly : out

09:56 am Curtis Melonopoly : decent half a point

09:57 am Curtis Melonopoly : $TRUE break of 10.77 IMO decent but no go for me today

09:59 am Curtis Melonopoly : Snap back on $SPY could get really intense

10:01 am Curtis Melonopoly : Should fail here soon and test lower before strong snap back

10:06 am Curtis Melonopoly : $CERS $CBK nice

10:09 am Curtis Melonopoly : Market was wayyyy to irrational yesterday IMO with $VIX so I took the other side in $XIV

There’s my reiteration on my thesis for the large swing trade from the day prior.

10:14 am Curtis Melonopoly : $CBK no increasing vol but vol good on day

10:14 am Curtis Melonopoly : $CERS decent vol the day but… nope

10:16 am Curtis Melonopoly :

10:22 am Curtis Melonopoly : Watching close to get out of daytrade $XIV from yesterday, already out large swing on $XIV..When everyone gets happy I’ll go negative.

10:31 am Curtis Melonopoly : $EBIO and $CBK look great for EOD possibilities

10:39 am Curtis Melonopoly : back just in time for the test

10:43 am Curtis Melonopoly : So we’ll see how it handles turbulence here


10:57 am Curtis Melonopoly : $DXY lol surprise surpris

11:04 am Curtis Melonopoly : and I’m out $XIV for a yeehaw!

This was win #3 for the day. It was my exit on the small account swing in $XIV from the day before.

11:08 am Curtis Melonopoly : Party time wow what a great week

11:09 am Mathew Waterfall : !!!

11:09 am Mathew Waterfall : Got my $XIV exit filled at 34

11:10 am Curtis Melonopoly : Way to go Mathew!!!!

11:10 am Mathew Waterfall : Works for me

11:10 am Curtis Melonopoly : We may got a rocket ride here later IMO $XIV

11:52 am Curtis Melonopoly : Be 5 or 10 mins looking at BIO and other EOD plays

12:02 pm Curtis Melonopoly : $SPY 210.20 and it’s a rocket – not saying it will

12:07 pm Curtis Melonopoly : $CFMS
12:09 pm Curtis Melonopoly : $CFMS over 9.83 I’d look again – but it’s strong – we’re late IMO
12:09 pm Curtis Melonopoly : $CFMS on a pull back I’d look at it for sure

12:21 pm Curtis Melonopoly : $CFMS, $CARA, $EBIO, $CBK, $XIV, $TVIX

12:25 pm Curtis Melonopoly : looking at $XIV… may wait

12:31 pm Curtis Melonopoly : $SPY break of 209.88 with vol long $XIV

12:31 pm Curtis Melonopoly : Needs considerable volume for my $XIV entry however

12:32 pm Curtis Melonopoly : And yes I know for anyone thinking it…. $XIV is not directly a $SPY play… I use it as an indicator

01:15 pm Curtis Melonopoly : Looking at $XIV looking for expanding volume

01:15 pm Curtis Melonopoly : Long $XIV

01:17 pm Curtis Melonopoly : Hoping for expanding volume $SPY
01:17 pm Curtis Melonopoly : Hope is my plan now
01:17 pm Curtis Melonopoly : I’ll Cut quick tho $XIV
01:18 pm Mathew Waterfall : I’m watching the VIX. If it can get <20.95 we should see the bottom start to drop out
01:19 pm Curtis Melonopoly : I’m in my small account here FYI
01:19 pm Curtis Melonopoly : In at 34.03 $XIV
01:25 pm Curtis Melonopoly : $XIV flat out
01:26 pm Curtis Melonopoly : the problem was expanding volume
01:26 pm Curtis Melonopoly : non

01:28 pm Curtis Melonopoly : $CARA watching for expanding volume
01:33 pm Curtis Melonopoly : Long $CARA
01:35 pm Curtis Melonopoly : Long at 7.29 tight manual stop $CARA small account
01:38 pm Curtis Melonopoly : Target 7.38 for a 1% scalp but may hold
01:42 pm Curtis Melonopoly : Entry 7.29 exit 7.405 for a little better than 1% – that’s how you build a small account

This was win # 4 on the day.
01:59 pm Curtis Melonopoly : Watching $X for break of HOD and expanding volume for entry on small account – I don’t think I would wait for backtest on support at 20.07 – 20.09
02:01 pm Curtis Melonopoly : if a touch of 20 on the 1 I’ll enter too if I can get it
02:04 pm Curtis Melonopoly : Long $X tight
02:05 pm Curtis Melonopoly : No expanding volume out flat $X
02:26 pm Curtis Melonopoly : $GCI
02:27 pm Curtis Melonopoly : Long $GCI
02:27 pm Curtis Melonopoly : Likely a pain trade at first
02:27 pm Curtis Melonopoly : Didn’t want to miss
02:50 pm Curtis Melonopoly : Out for now
02:51 pm Curtis Melonopoly : $GCI tiny gain will re-enter at HOD break of res

This was win #5 on the day.

03:10 pm Curtis Melonopoly : Looking at a possible ping back trade on $XIV for a scalp
03:11 pm Curtis Melonopoly : Long $XIV 33.06
03:18 pm Curtis Melonopoly : Nice 1% compound scalp for the small account on $XIV

This was win #6 on the day.

This day could be summarized as me getting out of my overnight swing on $XIV that worked really well, coming back to $XIV with specific indicators that I explained by live broadcast as I moved in and out of each trade and I also used indicators to move in and out of momentum stocks. All trades were with low stress ease – not that I don’t get anxious – but I mean the “gamble” type stress – I had risk / reward on my side with solid indicators and when a trade didn’t go as planned I cut quick.

Any questions don’t hesitate to ask in a PM in room or DM in Twitter or on email… if you ask me in general chat in room it’s really hard for me to see because I’m scanning many many charts behind the scenes on monitors you don’t see… so my eyes are always there and not in chat.