$GDX Archives - Page 13 of 14

Dec 2016

Post Market Tues Dec 13 $OPGN, $BOSC, $AKAO $MDGS $NVCN $UGAZ $SPY $VIX, $GLD, $GDX $USOIL $WTIC

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Tuesday Dec 13 –

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Tuesday Dec 13 – $OPGN, $BOSC, $AKAO $MDGS $NVCN $APRI $IDXG $UGAZ $UWT, $SPY, $VIX, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $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, Algos, Trades and Alerts:

$SPY: The S&P 500 Algorithm is starting to fire on all cylinders too (which is good – its 5th in development process so its newer than others).

From my post market report yesterday,

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

227.80 looks fun. Caution overhead guys and gals. S & P 500 $SPY $ES_F ($SPXL, $SPXS)

Put out a public tweet premarket about the specific area to watch with $SPY,

227.80 looks fun. S & P 500: $SPY $ES_F ($SPXL, $SPXS) pic.twitter.com/Y2dtSb1g4P

— Curtis Melonopoly (@curtmelonopoly) December 13, 2016

Price action on $SPY struggled with that area all day and remains a challenge in overnight:

Alert to Member Premarket Newsletter here that grey box above 227.80 daliy resistance challenge. S & P 500 $SPY $ES_F ($SPXL, $SPXS)

From Yesterday Post Market Report:

Still watching $VIX close – there was a small play there today I called to the second but didn’t execute. And Gold and Silver I’m still waiting on a long confirmation from our algos – they called this price target from months ago that we are in now so I’ll trust their math on my long entries. The $USD/JPY chart (and our $DXY algo) still says not broken – at resistance, but not broken so I’m waiting on $GC_F $GLD Gold. And crude oil, our algo was firing off an intra short early in market open but I didn’t take that and waited for long position at support which didn’t hit until market end so I’m watching over night – may get a buy trigger there Tuesday. I will be watching fervently $AKAO and sympathy plays tomorrow ($APRI, $OPGN) and any other momentum stocks.

Pretty much all of that played out… I alerted in our member premarket newsletter that $VIX would rise intra-day Tuesday and it did elevate while $SPY did – I actually alerted members to watch for that exact thing to happen. So our $VIX algorithm (last in line of the six) is firing on every cylinder now too!

Our Gold and Silver algorithms have said wait on a buy because of the 90% chance of Gold going to lower quadrant (you’d have to see our Gold algo Twitter to get the whole story – but the calls have been in place for months while many were bullish on Gold prior to election in Summer and Fall 2016)… anyway so Gold did deflate more as called – so yes, Gold and Silver algos hitting perfect too. These are exact price calls BTW. And the $DXY algo has been nailing it.

So that leaves our inaugural algo EPIC! 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).

Here’s the target zone hit for EPIC – not a perfect hit like many as it was off by a few cents – but it did hit the target zone and was of course a very tread-able alert from the week prior to members considering his calls are for an exact time and an exact price for the next week. And the oher target hits he nailed this week are on the chart below also. He’s on fire to say the least.

Tues 430 PM Algo Target Predict from last week HIT! Not perfect but in target zone. Crude algo intra work sheet 1257 AM Dec 14 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Here’s the live chart on Trading View. https://www.tradingview.com/chart/USOIL/BSJVKGTD-Tues-430PM-Target-Hit-Predict-from-last-wk-Crude-algo-intra/

Tues 430PM Target Hit! Predict from last wk! Crude algo intra by curtmelonopoly on TradingView.com

Traded $OPGN for a gain on 3 scalps (one I didn’t post in room – it can be busy at my command desk when you’re in and out trades so I call them out on audio alert broadcast too) and then gave it all back and then some on a stupid trade decision.

Also traded $BOSC for a gain late day – the scanners we I have are getting dialed in real precise – I was in that play real early and got out on the pop and then I think it faded before close.

Mathew has BEEN NAILING his trades and his alerts in the room have been awesome. He’ll be in the broadcasting daily here soon with me alerting his trades too and posting results and a pre market watch list on blog soon also.

Primary Lessons That May Help You With Your Trades:

Really messed up an $OPGN trade – held in a back wash because I thought I’d just hit it 2 or 3x on a bounce – but the bounce didn’t come. This is risky and unless you are using a larger account and you can have these go bad 50 % of the time I WOULD NOT RECOMMEND DOING IT.

My $BOSC trade was entirely enabled from having really tuned in scanners that I can alert the room with.

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 watchlists and blog posts.

Looking Forward:

It’s Fed day – WE HAVE A TONNE OF PLAYS READY ON THE OTHER SIDE OF THE FED MOVE SO I AM PUMPED. The algos have set us up perfect for the inflection point. Pumped.

Announcements in Trading Room:

08:54 am Curtis M : Watching: $AKAO $NVCN $APRI $IDXG $DSLV $VIX $UGAZ $UWT

09:09 am Curtis M : $AKAO $NVCN $APRI $IDXG $DSLV $VIX $UGAZ $UWT

We have groups split in different rooms. – we are fault testing rooms. If you are moved you will see same chart and announcements. We are preparing for official launch Jan 1 for multiple lead traders and media programs that start then.

11:15 am Curtis M : Back at 1145 EST From Lunch for afternoon session

03:41 pm Curtis M : Have a great night peeps!!! I\’m over and out. I\’ll leave room open till 4PM.

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

08:54 am manish kant : GM ALL
09:02 am David Z : morning manish!
09:03 am Curtis M : morning!
09:03 am manish kant : Good Morning David
09:03 am manish kant : Good Morning Curtis
09:14 am Curtis M : Active $XOP $AKAO $ARI $ETRM $IDXG $BAC $UCO $SPY $USO $NVCN
09:22 am John M : $AKAO and $NVCN my watches
09:22 am Curtis M : Oil holding up well we’ll see how it handles open
09:24 am Curtis M : At market open I will focus on momentum stocks and then move to OIL, SPY, GOLD, VIX, SILVER, NAT GAS
09:28 am Mathew Waterfall : Actually ended up getting our of my golden boy $APRI after close yesterday at 2.02. Back in this AM at 1.78 for another run with a close eye on it for a pullback
09:32 am Mathew Waterfall : Trimming some $WYNN here. Out of Dec30 100c’s at 1..21 from .7. This has more to run IMO but was heavy and want to take some profits
09:33 am Mathew Waterfall : Als out majority of my JBLU weekly 22’s at .85 from .35 entry yesterday
09:37 am Curtis M : $NVCN could be the big one today over 3.40
09:37 am Mathew Waterfall : Out half $LVS Dec30 60c’s at .66 from .53. I was looking for more here so keeping some but it hit my fib target so I am going to plan and trimming.
09:40 am David Z : I banked $OPGN a few times this morning watching for HOD break now
09:45 am Mathew Waterfall : I have a stop at 1.45 on $APRI while I go about other trades. Agrees that it doesn’t look very condtructive as of yet
09:46 am Curtis M : Long 2.49 3000 shares tight $OPGN
09:48 am Curtis M : Out $OPGN 2.69 3000
09:48 am Mathew Waterfall : Trailer on rest of $JBLU options for the rest of this run up. If anyone followed me into that I would say keep in tight as they are already ITM
09:49 am Curtis M : Long 2.80 $OPGN tight
09:50 am Curtis M : Out $OPGN 2.80 flat
09:56 am Curtis M : Long $OPGN 2.99 300
10:08 am Curtis M : Scaling $OPGN in 3000
10:08 am Mathew Waterfall : Out the rest of my $JBLU calls at 1.05 from .35. Could see more later in the week but I’ll take a 3 bagger any day
10:11 am Mathew Waterfall : Also keeping things a bit small and tight here into the trail end of this rally and the Fed.
10:21 am Curtis M : Out $OPGEN for loss –
10:23 am Curtis M : Out 2.16 fill
10:38 am Mathew Waterfall : Oxymoron if I have ever heard one right there lol
10:38 am Mathew Waterfall : But hey we all do it
10:39 am Curtis M : Disciplined Revenge Trader is my new handle lol
10:39 am Mathew Waterfall : lol
10:40 am Mathew Waterfall : Watching $CTXS for possible swing short. Name has continued to make incremental highs only to break down. I like it short here vs. 91 or so. Will watchand post if I enter
10:43 am Curtis M : So I’m going long oil at bottom near target if support holds because my other weekly targets are north of that price
10:43 am Curtis M : I am also going long $UGAZ sometime between now and Thur if it plays out right
10:44 am Mathew Waterfall : Short $CTXS 90.50 with 91 stop. Will add if it pick up speed to the downside here. This is a common stock swing play for me
10:44 am David Z : $UGAZ will run soon
10:45 am Curtis M : I am also looking for a long Gold play closer to 1133
10:45 am Curtis M : All 3 plays if they break its a 4 to 1 RR
10:47 am Mathew Waterfall : Rolled my $MGM Dec30 30c’s to 31’s for a .4 credit. Wanted to take some gains and get a higher strike as I was already ITM on those meaning they won’t have much of a delta and thus won’t accelerate as quickly as a higher strike should it keep moving north
10:56 am OilQ K : I’m in $TSLA its just sector rotation
10:56 am OilQ K : Looked at $MSFT but didn’t go
10:57 am Drew M : Curt Im surprised u didnt go tech you had it on watch
10:57 am Mathew Waterfall : Stop hit in $CTXS. Small loss will keep an eye on it for a future play. Market is way to strong to try to force a short
10:58 am Curtis M : At least it was small lol unlike someone else today – mind yo uit was a small position for my swing account
10:58 am Mathew Waterfall : In this game they can’t all be winners
10:59 am David Z : I never thought Curt lost serious watch him slice for a yr
11:00 am Curtis M : Scanning
11:00 am Curtis M : Oh I lose but not often do I let losses go
11:09 am Curtis M : Going to take an early lunch and then come back and be revenge trader
11:10 am Curtis M : Back at 1145 EST
11:10 am John M : good plan me 2
11:12 am OILK K : I like Gold here
11:27 am Curtis M : If I remember right last year this time the Fed raised $BAC tanked
11:31 am Sonny H : Long $INVE 1/3 here
11:31 am Sonny H : Looking at $IDN
11:33 am Curtis M : Theres that divergence in the $VIX I wrote about in the premarket newsletters last few days
11:33 am Curtis M : Back in 10
11:35 am Mathew Waterfall : Mostly babysitting and taking some gains today before the fed tomorrow. Market feels like it just wants to keep on keeping on here so it’s tough to try to take a contrarian view. Most size sweepers I am seeing are still bullish with some puts coming in materials AKS and X. NUGT also seeing some bearish flow looking for some more gold weakness
11:36 am Curtis M : Agree
11:42 am Jack D : I am taking profits on $MSFT I dont trust Fed talk
11:43 am Curtis M : Back
11:43 am Mathew Waterfall : $WYNN chewing through 94 would be great. I’m aiming for 61.8 fib at 96.35 if anyone is along for the ride and wants levels
11:48 am Curtis M : 98.20 would be PT on $WYNN
11:48 am Curtis M : Might take a while – u may need the 200 MA under it for that
11:49 am Mathew Waterfall : Agrred. I think it gets there, but I’m holding dec 23 100’s so I need it to move this week and get out.
11:50 am Mathew Waterfall : $MSFT also seeing more flow ehre out into the spring strikes.
11:52 am Curtis M : Possible
12:02 pm Curtis M : Casinos coming here I think
12:06 pm Curtis M : $WYNN looks good
12:06 pm Mathew Waterfall : Sold some $WYNN Dec23 102c’s against my 100’s that I have left. This is a good way to lock in some gains. Either they both keep going up, or if $WYNN pulls back i cover the short calls for a gain
12:07 pm Mathew Waterfall : Yes it does limit your gains to the upside should WYNN go to 102+ by expiration, but it also limits potential losses
12:08 pm Curtis M : Makes sense
12:08 pm Mathew Waterfall : I had my eye on this move earlier and was waiting on the 102’s to juice a bit before I sold them
12:14 pm Curtis M : $INVE looks like its working
12:16 pm Curtis M : History
12:17 pm Curtis M : $VIX is holding too
12:20 pm Curtis M : $TKAI on scanner for anyone interested
12:21 pm Mathew Waterfall : That stock has been on my watchlist ever sense I played it from the mid .80’s. It seems to run up into the 1.10-1.20 level then sell off every week or two
12:21 pm Mathew Waterfall : $TKAI that is
12:21 pm Mathew Waterfall : Watching $AQXP for a swing as well
12:27 pm Mathew Waterfall : $CLF Jan20 12c’s. This had a huge run, now pulling back a bit. X is seeing some nice in flows late in the day. $CLF could see a bit more downside to the 78.6 at 8.82 but this is a buy and forget play for me
12:27 pm Mathew Waterfall : Bought those $CLF Jan20 12c’s @.2
12:27 pm Mathew Waterfall : Starter and will add against 8.82 if it gets there
12:28 pm MarketMaven M : $X bottomed imo
12:32 pm Mathew Waterfall : We’ll see with $X. I threw an extension from the yearly low to previous yearly high at 27.64 and the 161.8 gets us to 40.92 which wouldn’t be out of the question by the end of the year. It has more than double though in the last 45 days so it’s come a long way
12:37 pm Curtis M : quiet scanners
12:39 pm Mathew Waterfall : I am most likely going to sit on my hands for the rst of the day. Most set ups I see feel like I’m forcing trades, and I tend to lose money when I do that
12:39 pm Curtis M : I need 1 revenge trade just 1
12:42 pm Curtis M : Oil on the move
12:43 pm Mathew Waterfall : Some of those small caps could squeezse if oil cooperates. $ORIG and $SDRL both pulling back. $ATW, $TDW, $EPE etc all strong
01:05 pm Curtis M : Crude pushing
01:16 pm Mathew Waterfall : Hate chasing but like the look of $AKS here. Got over the 10 day on the daily. In some Dec23 11c’s @.23. Starting small here like CLF will add more if it gets going. Short timeline so if it doesn’t accelerate these go south
01:20 pm Mathew Waterfall : Jesus $SPY! Can’t spot won’t stop
01:22 pm Curtis M : Implied volatllty hanging in there
01:23 pm Curtis M : I had a feeling that was going to happen here
01:24 pm Greg L : I profited off that call curt!!! u should have come
01:24 pm Mathew Waterfall : I think the $VIX goes up a bit or at least hangs around 13. There should be a lot of protection being bought into the end of the year and early 2017 which would keep that high
01:24 pm Curtis M : Good stuff Greg!
01:24 pm Mathew Waterfall : I don’t like playing the $VIX directly though more as a tool to tell me how to play other things
01:26 pm Curtis M : Pit close 1 hour
01:26 pm Curtis M : Rising wedge in crude
01:34 pm Curtis M : My scanners havent been this quiet in months
01:36 pm Carol B : Man you called that one clean Curtis $VIX and $SPY
01:44 pm Curtis M : $GALE on the move
01:48 pm Cara R : Going long som3 $XLV starter
01:48 pm Mathew Waterfall : $FRO popped up on my scanns. Cup/handle look on 20 day. Swing against LOD looks decent. Again it feels like I’m reaching here just looking for something to trade
01:49 pm Curtis M : One good kill for me pls
01:58 pm Curtis M : Long $BOSC starter scaling 3000
01:59 pm Curtis M : 2.164 avg
02:00 pm Curtis M : Scaling 3000 more
02:04 pm Curtis M : Sorry a little internet spike or something there
02:04 pm Curtis M : We might squeeze em here
02:07 pm Curtis M : I feel there pain I really do
02:13 pm Curtis M : Chipping out small profit
02:13 pm Curtis M : Likely renter
02:21 pm Mathew Waterfall : $AKAO is just crazy. Even after their offering news post market, this thing is still running. Went right by my 14 target and looks like it might se 16’s today
02:26 pm Curtis M : If CL sell off here we may get a good buy down at support
02:36 pm John M : Odd. $AKAO
02:39 pm Curtis M : Anybody that went long $AKAO on the 20 has won so far
02:43 pm Mathew Waterfall : $CRBP jiggy. Hit for a small starter against 7.75 or so. Plan to add more on retest if we see a pullback
02:44 pm Drew M : $AKAO may never stop.
02:51 pm Curtis M : This is resistance on $SPY 227.80 227.96 – it pops and it could be gone for a while.
02:57 pm Mathew Waterfall : Small add $CRBP at 8.07. Tight stop on this at 8.75. Risky play as these things will gap overnight so keeping it small for a swing
03:07 pm Curtis M : Leaderboard $USEG 69% $GLF 25% $AKAO 21% $INVE 16% $DTRM 14%
03:11 pm Greg L : Laughing my ass off from your post this morning about 227.80 area being interesting on Twitter and guess where weve stalled. Spooky.
03:11 pm Curtis M : lol
03:18 pm Mathew Waterfall : Well I guess it’s an early day today. Holding into the fed as tomorrow morning should also be fairly calm. Will hang out but unlikely to do much. Have a good night all
03:19 pm Curtis M : yup
03:20 pm Curtis M : Thanks for the calls Mathew!
03:20 pm OilQ K : Ya Mat!
03:20 pm Mathew Waterfall : Hope some people followed along on the casinos and $JBLU which killed it. If not, there will be more that’s for sure
03:21 pm Curtis M : I know for sure 3 did cause they DM’s me:)
03:21 pm Mathew Waterfall : Perfect. Love helping other people make $$$
03:21 pm Jack D : Thanks Mathew!
03:28 pm Cara R : Yes Thank you guys
03:48 pm Mathew Waterfall : $ADMP squeeze into the close.
03:50 pm Mathew Waterfall : Nice volume there as well. Somehow I’m holding a few shares here
03:51 pm John M : good action
03:51 pm Mathew Waterfall : I got lucky. Bought when it looked liek a breakout over $3 about amonth ago and never hit my stop. Small position but nice to finally get in the black lol. Better to be lucky than good sometimes
03:51 pm Curtis M : lol
04:00 pm Curtis M : Good night all.

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, $OPGN, $BOSC, $AKAO $MDGS $NVCN $APRI $IDXG $UGAZ $UWT, $SPY, $VIX, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $NG_F

Dec 2016

Post Market Mon Dec 12 $AKAO $APRI $OPGN $UCO $DUST $WMT $USOIL $WTIC $GLD $SPY $DXY $VIX…

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Monday Dec 12 –

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Monday Dec 12 – $AKAO, $APRI, $OPGN, $UCO, $DUST, $WMT, $XIV, $GOLD, $USDJPY, $USOIL, $SPY, $WTIC, $NATGAS, $VIX, $SILVER, and more.

Intro:

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. We have groups in different rooms all seeing same screen – if you’re moved don’t sweat it – it won’t affect your experience.

Primary Lessons That May Help Your Trades:

I should have got on the $AKAO train earlier in the day – it was on my watchlist as the number one watch but I got too distracted with a ntra-day slump in the S&P. Getting on the train earlier likely would have netted me at least ten times because I would have scaled in 1000 shares on the first, 3000 then 5000 and scaled out of 9000 shares on the way up. So it was an ideal news play that I just didn’t focus on – part of the challenge in setting up our room service too – we had a technical site host issue RIGHT WHEN THE MARKET WAS ABOUT TO OPEN ugh.

Looking Forward:

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. Still watching $VIX close – there was a small play there today I called to the second but didn’t execute. And Gold and Silver I’m still waiting on a long confirmation from our algos – they called this price target from months ago that we are in now so I’ll trust their math on my long entries. The $USD/JPY chart (and our $DXY algo) still says not broken – at resistance, but not broken so I’m waiting on $GC_F $GLD Gold. And crude oil, our algo was firing off an intra short early in market open but I didn’t take that and waited for long position at support which didn’t hit until market end so I’m watching over night – may get a buy trigger there Tuesday. I will be watching fervently $AKAO and sympathy plays tomorrow ($APRI, $OPGN) and any other momentum stocks.

Announcements in Trading Room:

08:52 am Curtis M : (1) Pre-Market Gainers Watch-List: $AKAO, $WTI, $VNR, $SGY, $REXX $MTL $CIE $ORIG $SDRL $ATW $DNR $PACD $AVXL $UWT $DGAZ $EPE $MEMP 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: $HMY (chart), $AKAO Announces Positive Results in Phase 3 cUTI and CRE Clinical Trials of Plazomicin, $DVAX upgrade to “buy” by Cowen and $45 PT, $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 $GLD $GC_F, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SL_V ($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: $ABB $AEG $MGIC $AIG $BCR $CXW $WEB $HBI $PES $LULU $BRO $TRV $AMD $AUY $TAHO $TCP $COO $COP $UBS $T $EGHT $RNG $NVR $REGN $HBI $HOLX $DGX $FSV $GRA $FMC $TSO I will update before market open of refer to chat room notices.

(6) Downgrades: $CF $ALGT $PHG $GFI $CDNS $CMC $OPHT $IRET $MCC $KRG $EOG $MOS $DEPO $TTC $PEI $FOXA $GFI $EZPW $FLS $SYNA $WBMD $UBSH $FINL $CVS $CMC $WOR $SGEN $CERC $FUL $TMO $HUN $CC I will update before market open or refer to chat room n

09:18 am Curtis M : Website is down. Host is reparing their issue. Premarket newsletter emailed to everyone.

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:04 am Curtis M : Movers: $AKAO, $ORIG, $AKRX, $AREX, $CSOD, $MCEP, $IMMU, $CRZO, $REGN, $USLV
09:11 am Gurpreet Singh : Good morning all
09:11 am Curtis M : S&P -0.04%.10-yr -0.07%.Euro +0.51% vs. dollar.Crude +3.69% to $53.41.Gold -0.06% to $1,161.40.
09:21 am Curtis M : Sartaj emailing morning newsletter right now.
09:24 am Curtis M : Gappers- $AKAO $BCEI $SGY $WTI $ORIG $VNR $PACD $MTL $SDRL $LEI $TDW $NADL $CIE $NOG $AREX $CRC $AKRX $EPE $SDLP
09:24 am Curtis M : Watching oil for pull back as close to yellow line as possible
09:30 am Curtis M : watching gappers at open
09:33 am Curtis M : Wating for pull back in oil before I take a long in small cap oil
09:34 am Mathew Waterfall : Closing out $XOM calls. here. Waiting for $SDRL calls to juice and will clsoe a portion of those as well
09:35 am Mathew Waterfall : Out some of the Dec16 4.5c’s at .35 from .1
09:38 am Mathew Waterfall : Out $SN Jan17 10c’s at .85 from .3. clearing the board a bit here
09:40 am Curtis M : Nice
09:41 am Curtis M : Leaderboard $AKAO 56% BCEI 34% $VNR 27% $ORIG 24% $NADL 23%$ PACD 19%
09:48 am Mathew Waterfall : Ask side to unload more SDRL Dec23 4.5’s at .45 from .15. I won’t chase for a fill on these
09:52 am Curtis M : $USDJPY important area IMO – looking at a snipe in miner’s if it stays under 100 MA on 15 possibly
09:58 am Curtis M : This looks like the intra battle for $USDJPY
09:58 am Curtis M : Also watching $VIX close because it should get a pop soon – within a few days
09:59 am Curtis M : This $SPY buying is gong to rest for a while soon IMO – the books are almost filled with quotas
10:00 am Curtis M : Wed mornng at latest IMO it rests
10:02 am Mathew Waterfall : Crazy open here, giving most of my positions a chance to ven out a bit. Still holding the casinos and will do so through tomorrow unless we get a big pop there for some reason
10:02 am Mathew Waterfall : *even out. Sorry on backup keyboard this AM
10:03 am Curtis M : $AKAO may be a decent short here IMO
10:06 am Curtis M : A short in $AKAO at 9.10 perfect seup
10:06 am Curtis M : Lol theres some test
10:11 am Mathew Waterfall : In some TZA dec23c’s at .34 as a hedge and play for a pullback. Small position to trade agaist witl good r/r if things juice
10:16 am GSCT . : TVIX nice move
10:20 am Curtis M : Watching $NADL for a pop
10:24 am Curtis M : Gold bugs are buying quick on $USDJPY weakness
10:26 am Mathew Waterfall : Twtr weekly puts look actractive here as wel. Watching those
10:27 am Mathew Waterfall : In some 18p’s at .06 for a lotto. Hero or zero play
10:51 am Curtis M : Retail should get a good pop here soon IMO – may take a few days… like Thur ish but between now and then per watchlist
10:51 am GSCT . : $AKAO new HOD
10:57 am Curtis M : $AKAO Could go a long ways
11:03 am GSCT . : No audio commentary today?
11:11 am Curtis M : Looking at possible Long in $DUST if $USD/JPY gets on the move and $NADL
11:18 am manish kant : greetings all
11:24 am Curtis M : Scaling in 1000 shares $DUST
11:26 am Curtis M : Welcome Manish
11:26 am manish kant : Thanks Curtis
11:27 am Curtis M : Looks like my fills will avg 53.45 on $DUST
11:30 am Curtis M : $GLF up 37% now
11:31 am Sammy T : $ORIG 20% also
11:33 am Curtis M : Leader board $AKAO $GLF $EVEP $ORIG $MTL
11:33 am manish kant : orig
11:40 am Dani M : Oil starting to look better
11:42 am Curtis M : Still defending $NADL 200 MA
11:49 am Curtis M : Long $UCO 1000 11.763 avg scale to 5000 with ex[ectation there may be one more leg down
11:50 am Mathew Waterfall : $DUST not looking so hot for the heads up
11:53 am Curtis M : Ya $DUST will be a swing past Fed
11:53 am Curtis M : My swings I look at 1000 3000 5000 share entries for example – scale on swings at supports / resistance
11:54 am Curtis M : Kiinda like $UCO right now I expect a leg down
11:54 am Curtis M : $DUST $SPY $OIL not done yet… they all gotta meet Santa lol
11:55 am Mathew Waterfall : Let’s hope so. I have some $DUST calls that need a bit of help here
11:58 am Curtis M : Oh ya $DUST has at least one more round – may be a few days tho
11:59 am Curtis M : I’m prepared for 3 – 4 weeks on that position $DUST
12:05 pm Shawn B : I like $SPY long here too soon – waiting and watching
12:09 pm Larry B : Bulls come soon – rally is on until Obama gone bye bye
12:10 pm Larry B : $VIX good call Curt
12:11 pm Curtis M : Back in 30 looks calm
12:14 pm Michael P : oil calls fresh too ha ha
12:14 pm Michael P : Mathew you in long Wallmart? Did Curt??
12:15 pm Curtis M : No I didn’t I’m in oil long and dust Michael – $Dust I might have some pain
12:15 pm Curtis M : ok bye back soon
12:16 pm Mathew Waterfall : Nope, no $WMT for me
12:19 pm Mathew Waterfall : That $WMT chart looks like it’s rangebound between fibs and could see some checkback to a quick trendline that I drew in from the yealry lows. If it can clear and firm above 71.65 then high of year would be in play
12:21 pm Mathew Waterfall : Quick 30 second chart of $WMT http://tos.mx/ziGL6s

There was a technical data glitch at this point in the log (data centre truncated log) so here forward for rest of day it is only Curtis’ comments (which is unfortunate because the afternoon session was very active):

12:32 Crude going according to plan

12:41 I like the $WMT play but yes not much upside – slow move to profit

12:46 Fed Wed 2:00 PM FYI

12:54 Looks like a market pauce is possible until after Fed Speak

12:54 $USD/JPY

1:10 Selling my $UCO here for small gain – going to see what this afternoon brings – out 11.83

1:10 Hold $DUST though until at least next Tuesday 8 days min (unless I can get out earlier)

1:12 Thinking with oil we may test that lower support (yellow arrow) market is ooomfedish

1:15 I am in $STUDY until scanners hit

1:22 I may hit $AKAO on every wash-out here – this is carzy price action

1:27 $AKAO 1000 starter at 10.47 per share – tight

1:32 Out $AKAO 10.94 per share

1:34 Watching $AKAO 10.75 pull-back area

1:35 Likely 10.50 pull-back more likely

1:38 Long 1000 shares $AKAO 10.76

1:39 Out 11.025 per share $AKIO

1:43 Long $AKAO 11.46 1000 shares

1:46 Out $AKAO 11.62 1000 shares

2:11 $OPGN and $APRI could get action off $AKAO

2:13 All three are likely good candidates for morning momentum stocks tomorrow also.

2:30 Long $AKAO 12.76 1000 shares

2:52 Out 12.92 sold 1000 shares $AKAO

3:23 Out $DUST shares chipped out in three pieces aberage 53.70

3:31 $AKAO chart still not broke – holding resistance area still.

3:34 Here we go again.

3:49 $APRI should run momo tomorrow morning.

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $AKAO, $APRI, $OPGN, $UCO, $DUST, $WMT, $XIV, $ES_F, $SLV, $SILVER, $GOLD, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $NATGAS, $NG_F, $USD/JPY, $SPY, $VIX

Dec 2016

Review of my Chat Room Stock Day Trades and Alerts for Friday Dec 2, 2016. $JUNO, $CBMX $SGY, $EVHC, $VTNR, $ASNA, $USOIL, $WTI and more.

Intro:

Overview Perspective & Review of Chart Room, Trades and Alerts:

Friday was very quiet for me. The Italy referendum was on deck, $USOIL $WTI Oil was at it’s Fib and algo resistance and $GOLD $SILVER were in holding patterns (getting jiggy), $GDX miner’s were starting to get jumpy and the morning momo’s were not set-up extremely well (although some morning momo traders I know did get some scalps – most of those specific traders seen red momo morning).

I am still holding $CBMX, $JUNO and $SGY.

Primary Lessons That May Help Your Trades:

No lessons Friday from my trades as I was waiting for trend confirmations (inflection point in markets). I did have one trader DM me and challenge me on my sitting on hands with $SILVER and $GOLD etc…. I simply responded that when it’s time to hammer down I will stay in the trend and add at pull-backs and that time is easily made up for.

Announcements in Trading Room:

08:50 am Curtis M : Gainers and Losers http://thestockmarketwatch.com/markets/pre-market/today.aspx

10:51 am Curtis M : Taking an early lunch back at 11:30 EST for what I think will be a fun afternoon $VIX $NUGT

Stock Chat-room Trading Transcript:

09:23 am Curtis M : Gainers: $NVCN $NVFY $FIVE $HTBX $SGY $BAK $VNR $SEMI $BNSO $ULTA $MTU $BCEI $GOGL $JCP $ARWR $DGAZ $TLK $BIG $IM $RICE
09:42 am mathew w : Early day for me so not many moves. Just hit CRM dec9 70’s for a bounce back after last night’s flush
09:52 am Curtis M : New 52wk Highs: $EPM $SLM $VASC $WBS
10:04 am Curtis M : Watching $VIX $NUGT $$USD/JPY
10:12 am GS CT : What could? Gold?
10:12 am GS CT : Thanks.
10:18 am GS CT : What is your preferred Gold ticker to play? NUGT GDX ??
10:20 am mathew w : JUNO moving for you guys who took the trade and got underwater
10:20 am mathew w : I’m out for the weeked. Have a good trading day and weekend all
10:20 am GS CT : Me too. it can have erratic price moves though.
10:21 am susan woo : Curtis, you interested in buying AUMN? I’m in already
10:21 am susan woo : Steady Eddy, wish it would go
10:23 am susan woo : NAK another good one
10:32 am susan woo : The gold reversion time is around early January? I missed what you were saying ealrlier
10:38 am susan woo : thanks
10:44 am GS CT : Before it goes higher or lower?
10:44 am GS CT : SPY
10:51 am Curtis M : Taking an early lunch back at 11:30 EST for what I think will be a fun afternoon $VIX $NUGT
10:54 am Curtis M : If oil blows thru 51.77 it could really run FYI
10:56 am Curtis M : OIl has lots of room above 51.77
11:52 am Curtis M : Just runniing scans until it picks up
01:52 pm Curtis M : Next stop for Oill 51.77 and lots of room above
02:05 pm Curtis M : Leaders $EVHC 211% $VTNR 22.86% $ASNA 21.01%
02:47 pm GSCT . : Think oil will backtest here. Has tht look.
02:48 pm GSCT . : That was actually a question.
03:04 pm Curtis M : $SGY pinch 20 and 100 on the 3
03:05 pm Curtis M : oil = bull
03:56 pm Curtis M : A little $VIX insurance not a bad thing here #Italy if you’re holding large over weekend FYI
03:56 pm Curtis M : OIL bulls not letting go
04:00 pm Curtis M : Well… lackluster day but excellent set up for Monday IMO
04:00 pm Curtis M : over and out have a great weekend!

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $SGY, $JUNO, $CBMX, $USOIL, $WTI, $GOLD, $SILVER, $GDX

Dec 2016

Gold Trading Chart Update Monday Dec 5 $GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

Dec 5, 2016 Rosie the Gold Algo Trading Report.

If this is your first time visiting, IT IS IMPORTANT that you review my recent Gold reports on this blog and my Twitter feed because one post will not do you any good. You need to know the time and price cycle we are currently in at any given time and what the primary alpha algo targets most recently are so you have perspective. These reports are a running story of price action (each one just being a piece of the story) that are designed with the intent to provide you the trader an edge. An edge is not possible unless you have the whole story.

IMPORTANT NOTICES:

The charting for members will become much more involved over the coming weeks (proprietary details). Stay tuned for agreements concerning disclosure and use coming to members.

This weekend all services transitioned from free inaugural to subscriber only access.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on individual merit) such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical factors. I do not yet have AI or Geo integration – only math. I am not a high frequency or bot type algorithm – I am to be used (represented on a 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 Gold.

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). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. I am not an automated bot or high frequency type algorithm. Please review my algorithm development process.

Gold Trading Observations:

At time of writing Gold is trading at 1165.02. Some thoughts that may help advance you trading edge;

1165.02 Intra-day. Gold algo intra work sheet 537 AM Dec 5 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

Price tested my price target from July. Gold tested top of algo quadrant but not lower of quad.

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

Intra-day Fibonnaci Levels to Watch.

Intra Fib levels to watch – 5 day. Gold algo intra work sheet 509 AM Dec 5 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

Fib levels to watch – 1 yr (on left). Gold algo intra work sheet 509 AM Dec 5 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

Watch 200 MA on 15 min close for possible resistance. Gold has used it often as support and resistance in past. Lots of room intra-day.

200 MA on 15 – lots of room. Gold algo intra work sheet 517 AM Dec 5 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

USDJPY is a problem – until it isn’t.

$USDJPY We did warn them.

USD/JPY intra Fibonacci levels to watch.

Alpha Algo Trading Lines:

Proprietary – exclusive to member only version.

Alpha Algo Trading Targets:

Proprietary – exclusive to member only version.

Intra Day Algo Trading Quadrants:

Proprietary – exclusive to member only version.

Time / Price Cycle Change Forecast:

Proprietary – exclusive to member only version.

Gold News:

India, not Trump, is the real reason behind the crash in gold prices https://t.co/gvWqEAfFs8

— Curtis Melonopoly (@curtmelonopoly) December 4, 2016

Potential gold-import ban by India could be biggest bombshell since Nixon https://t.co/9olfNRO0Xf

— Curtis Melonopoly (@curtmelonopoly) December 4, 2016

Indicators:

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

Good luck with your trades and look forward to seeing you in the room!

Rosie the Gold Algo

Article Topics: Rosie Gold Algo, Fibonacci, Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $GOLD $GLD, $UGLD, $DGLD, Miners, $GDX, $NUGT, $DUST, $JDST, $JNUG

Dec 2016

Gold Trading Chart Update Fri Dec 2 $GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

Dec 2, 2016 Rosie the Gold Algo Trading Report.

IMPORTANT NOTICES:

The charting for members will become much more involved over the coming weeks (proprietary details). Stay tuned for agreements concerning disclosure and use coming to members.

This weekend all services transition from free inaugural to subscriber only access. Stay tuned Sunday PM for access links.

All rates for existing members for all services will be grandfathered in perpetuity when new rates published this weekend.

How My Algorithm Works and Availability:

My charting and alpha algo targets / algo trendlines are free to the public until Dec 1, 2016. After Dec 1, 2016 will only be made available to subscribers here.

Below you will find the “basics” and commencing Dec 1, 2016 my subscribers will be given step by step training in all the information I use and all the advanced charting I produce on an intra-day basis.

Gold Trading Observations:

At time of writing Gold is trading at 1171.59. Some thoughts that may help advance you trading edge;

Price tested my price target from July and rising. Dec 2 720 AM $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

Gold tested top of algo quadrant but not lower of quad. Dec 2 727 AM Algo Work Sheet $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Intra-day Fib Levels to Watch. Dec 2 741 AM Algo Work Sheet $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Watch 200 MA on 15 min close for possible break-out intra. Dec 2 746 AM Algo Work Sheet $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

USDJPY is a problem. 116.06 – 116.52 in sights. Dec 2 802 AM Algo Work Sheet $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Indicators:

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

Starting early December we will be introducing these indicators in to our trading room to assist our traders with using these indicators to advance their edge (beyond my standard charting you see in this post). We will also work with intra-day quadrants for the intra-day snipes.

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

We won’t be publishing alpha algo targets and algo trend-lines for my algo and the four others that have not yet until our trading room is private to subscribers only on Dec 1, 2016. We have proven our algorithms through the transparent development of EPIC the OIL algo and all five other algos have consistently nailed their targets. So subscribers can look forward to the targets (as you have seen us publish regularly for EPIC the Oil Algo – if you aren’t aware check out his Twitter feed and 92% win rate).

Good luck with your trades and look forward to seeing you in the room!

Rosie the Gold Algo

Article Topics: Rosie Gold Algo, Fibonacci, Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $GOLD $GLD, $UGLD, $DGLD, Miners, $GDX, $NUGT, $DUST, $JDST, $JNUG

Nov 2016

Gold Trading Chart Update Nov 29 $GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

November 29, 2016 Rosie the Gold Algo Gold Trading Report.

Good morning! My name is Rosie the Gold Algo. Welcome to my new Gold trade report. These reports will become more and more detailed as the days and weeks go forward. You can follow my intra day tweets here https://twitter.com/ROSIEtheAlgo. If this is your first time visiting, IT IS IMPORTANT that you review my recent Gold reports on this blog and my Twitter feed because one post will not do you any good. You need to know the time and price cycle we are currently in at any given time and what the primary alpha algo targets most recently are so you have perspective. These reports are a running story of price action (each one just being a piece of the story) that are designed with the intent to provide you the trader an edge. An edge is not possible unless you have the whole story.

How My Algorithm Works and Availability:

My charting and alpha algo targets / algo trendlines are free to the public until Dec 1, 2016. After Dec 1, 2016 will only be made available to subscribers here.

Gold Trading Observations:

At time of writing Gold is trading at 1186.80. Some thoughts that may help advance you trading edge;

$GOLD Algo intra work sheet – charting. Nov 29 500 AM $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

Last report I presented caution:

$GOLD $GLD Caution warranted as price tests top of quadrant, is above algo PT, and hasn’t touched bottom of algo quadrant. $GDX $NUGT, $DUST.

$GOLD $GLD Caution warranted as price tests top of quadrant, is above algo PT, and hasn't touched bottom of algo quadrant. $GDX $NUGT, $DUST pic.twitter.com/b7sgmkmcYJ

— Rosie the Gold Algo (@ROSIEtheAlgo) November 28, 2016

The price has not yet (if it will in fact) come done to touch the bottom of the quadrant it is in – important observation because 90% of the time Gold does in fact do that before a trend change. Quadrant lines are blue on that chart.

Price under 200 MA on 15 min still. $GOLD Algo intra work sheet – charting. Nov 29 508 AM $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

Price is still under the 200 MA on the 15 min – if you’re wanting to scalp a daytrade I would wait for that to line up potentially.

Price respecting Fibs. $GOLD Algo intra work sheet – charting. Nov 29 515 AM $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

Price has been respecting the Fibonacci support levels as it is stepping down.

The Fib 236 just happens to line up almost perfectly with bottom of that quadrant touch that is missing in 90% of trend reversals.

Price testing top of quadrant. $GOLD Algo intra work sheet – charting. Nov 29 519 AM $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

You will want to watch this close! Review the chart and view how price action handles a new quadrant when price enters it! This is important!

That’s it for today SO BE SURE TO REVIEW MY RECENT POSTS because you need to know where the algorithm targets are for context etc!!!

Indicators:

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

Good luck with your trades and look forward to seeing you in the room!

Rosie the Gold Algo

Article Topics: Rosie Gold Algo, Fibonacci, Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $GOLD $GLD, $UGLD, $DGLD, Miners, $GDX, $NUGT, $DUST, $JDST, $JNUG

Nov 2016

$Gold Trading Chart Update Nov 28 $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

Rosie the Gold Algo Chart Report $DGLD, $DUST, $GDX, $GOLD $GLD, $JDST, $JNUG, $NUGT, $UGLD, Algorithms, Chatroom, Gold, Miners, Stocks, Trading, Wallstreet RosietheAlgo GLD

Gold Trading Chart Update Nov 28 $GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

November 28, 2016 Rosie the Gold Algo Gold Trading Report.

My name is Rosie the Gold Algo. Welcome to my new Gold trade report. These reports will become more and more detailed as the days and weeks go forward. You can follow my intra day tweets here https://twitter.com/ROSIEtheAlgo.

How My Algorithm Works and Availability:

My charting and alpha algo targets / algo trendlines are free to the public until Dec 1, 2016. After Dec 1, 2016 will only be made available to subscribers here.

IMPORTANT!!! Please review my previous $GOLD blog post so that you can use the information from that and this post for proper context to make proper trading decisions!

Gold Trading Observations:

At time of writing Gold is trading at 1189.56. Some thoughts that may help advance you trading edge;

$GOLD Algo intra work sheet – charting. Nov 28 548 AM $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

Price touched algo target. $GOLD Algo intra work sheet charting. Nov 28 553 AM $GLD ($UGLD, $DGLD) Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

Price touched algo target. $GOLD Algo intra work sheet charting. Nov 28 553 AM $GLD ($UGLD, $DGLD) Miners $GDX ($NUGT, $DUST, $JDST, $JNUG) pic.twitter.com/QzmGUYQn4b

— Rosie the Gold Algo (@ROSIEtheAlgo) November 28, 2016

@ROSIEtheAlgo But price has not gone to bottom of algo quadrant (blues lines), 90% of trend reverals in Gold have had quad bottom touch.

Price action when 200 on 15 min got under price. $GOLD Algo work sheet charting. Nov 28 553 AM $GLD Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

Price action when 200 on 15 min got under price. $GOLD Algo work sheet charting. Nov 28 553 AM $GLD Miners $GDX ($NUGT, $DUST, $JDST, $JNUG) pic.twitter.com/5TELfX1rxr

— Rosie the Gold Algo (@ROSIEtheAlgo) November 28, 2016

$GOLD $GLD Caution warranted as price tests top of quadrant, is above algo PT, and hasn’t touched bottom of algo quadrant. $GDX $NUGT, $DUST

$GOLD $GLD Caution warranted as price tests top of quadrant, is above algo PT, and hasn't touched bottom of algo quadrant. $GDX $NUGT, $DUST pic.twitter.com/b7sgmkmcYJ

— Rosie the Gold Algo (@ROSIEtheAlgo) November 28, 2016

Indicators

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

Good luck with your trades and look forward to seeing you in the room!

Rosie the Gold Algo

Article Topics: Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $GOLD $GLD, $UGLD, $DGLD, Miners, $GDX, $NUGT, $DUST, $JDST, $JNUG

Nov 2016

$Gold Trading Chart Update Nov 25 $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

Rosie the Gold Algo Chart Report $DGLD, $DUST, $GDX, $JDST, $JNUG, $NUGT, $UGLD, Algorithms, Chatroom, GLD, Gold, Miners, Stocks, Trading, Wallstreet RosietheAlgo GLD

Gold Trading Chart Update Nov 25 $GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

November 25, 2016 Rosie the Gold Algo Gold Trading Report.

Welcome to my new Gold trade report. These reports will become more and more detailed as the days and weeks go forward.

How My Algorithm Works and Availability:

My charting and alpha algo targets / algo trendlines are free to the public until Dec 1, 2016. After Dec 1, 2016 will only be made available to subscribers here.

Gold Trading Observations:

At time of writing Gold is trading at 1187.51. Some thoughts that may help advance you trading edge;

$GOLD Algo intra work sheet – charting. Nov 25 531 AM $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

On Oct 9, 2016 my algorithm designer sent out this tweet about the price target for Gold he was waiting for before looking at a possible long position. Many of course, gave him a hard time – but since many have politely humbled themselves to my math and the math of the other algorithms in my family (we are six).

Gold 1163 – 1167 buy trigger decision. IMO one step more down probable. $XAUUSD $GLD $JNUG $NUGT $DUST #Gold

— Curtis Melonopoly (@curtmelonopoly) October 9, 2016

And then more recently this tweet on November 17, 2016 to alert his followers on Twitter of the imminent price target hit.

$GOLD Almost there. $GLD $NUGT and select small caps on deck soon. #patience #stocks #daytrading pic.twitter.com/uEjPLkwn2J

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

Then, 15 hours ago he sent this tweet to advise that Gold was in fact in the price target range.

$GOLD Anyone that follows my feed / our algorithms will know how important this development is. Algo updates before market open. $GLD $GDX pic.twitter.com/460gVywNab

— Curtis Melonopoly (@curtmelonopoly) November 24, 2016

Here are what the basic quadrants Gold trades in look like… remember… basic…

GOLD Know Your Lines $GOLD $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG) pic.twitter.com/XoxA3IykB7

— Rosie the Gold Algo (@ROSIEtheAlgo) November 25, 2016

Price Target previously published on the chart with the quadrants and moving averages.

Price target published months ago is in grey box. $GOLD $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG) pic.twitter.com/92MV0aEd2J

— Rosie the Gold Algo (@ROSIEtheAlgo) November 25, 2016

Here is your MAIN CONCERN with taking a long position right now. The bottom of the quadrant hasn’t been hit.

The only problem is 90% of the time Gold has touched bottom of quadrant (blue) to confirm end of pull-back move on 5 year chart. $GOLD pic.twitter.com/XQyRoMe59i

— Rosie the Gold Algo (@ROSIEtheAlgo) November 25, 2016

So what do you do? You wait for price – target – trigger. What is a trigger? When price and all the indicators line up. Until then you can snipe trades if you know your indicators well enough. But before sitting in a long position and planting roots you should be sure your TRIGGER is there. More in our trading room about this.

Here is your SECOND BIGGEST PROBLEM WITH A LONG TRADE IN $GOLD

The 200 100 50 20 are about to converge on the 1 week chart. Price needs to regain 100. $GOLD $GLD Miners $GDX ($NUGT, $DUST, $JDST, $JNUG pic.twitter.com/doEMAnVNqa

— Rosie the Gold Algo (@ROSIEtheAlgo) November 25, 2016

And here is an example of an intra-day trade snipe set-up to watch for. We will be trading various set-ups in the room.

$GOLD On the 5 min when the 200 cross 100 could get a pop. $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG pic.twitter.com/ru2PACC6Os

— Rosie the Gold Algo (@ROSIEtheAlgo) November 25, 2016

Indicators

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

Good luck with your trades and look forward to seeing you in the room!

Rosie the Gold Algo

Article Topics: Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $GOLD $GLD, $UGLD, $DGLD, Miners, $GDX, $NUGT, $DUST, $JDST, $JNUG

Nov 2016

My Stock Trading Plan for Wednesday November 16, 2016 in Chatroom.

Welcome to the Wednesday Wall Street trading session!

Algo work – As of this Monday our new equipment will be up and running full steam so I’ve scheduled next week in the room (when market is quiet) for algo work – I was going to start this week, and did a tad… but quickly realized all the machines need to be tied in for that.

Market Outlook – So yesterday the market inflection point started and continued over night and so the next few days will be interesting – there are battles in every corner… we’ll see. So I’ve started to chew around the edges of the inflection with instruments like $GDX but nothing is where you can really bite down on and go with yet. Obviously there’s anomolies like the shippers of late – but that’s intra anomoly plays I’m not really interested in but won’t disregard – and I know they’re all buying Lamborghinis today… I know. Oh and oil got up over important resistance during trade yesterday but lost it overnight so I’m looking for the 200 day on the 1 hour as possible long entry.

Rate Hike?

Things that make you go hmmm…

Baltic Dry. Reminds me of last year and the shippers and the USD and then Jan… right… January that was fun. pic.twitter.com/UXWr7HPDnq

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

Momentum Stocks (Market Open and Intra-Day)

I do trade morning momo stocks (at times), but I do avoid risk. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter if I have time).

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

Pre-market Decliners Watch-List: $LOW Will Update Before Market Open or Refer to Chat Room

Pre-Market Gainers Watch-List: $SINO $OPTT $CRDS $CLLS $TOUR $SHIP $LPL $ESEA $TOPS $GOGL $NTNX $TGT $DCIX $YRD $SDRL Will Update Before Market Open or Refer to Chat Room

Other Watch-List(s): Inflection points with currencies $USD/$JPY $FXY, Financials $FAZ, Indices $IWM $RWM $TZA and more. Volatility $TVIX $UVXY

Other Watch-List(s): Shippers: $DRYS $EGLE $SHIP $SINO $TOPS $GNRT Oil: $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY Financials: $FAZ

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

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

Regular Trades:

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

My bias is still to all time highs – although it has struggled some and with this inflection point – it’s a wait and see – we may see a pullback here first. The US Dollar is going to cause issues IMO as will other global market / credit / bond and small cap issues and more over the horizon. In that, I see a run in Gold and Silver soon then a pull back and then a big run.

My trading plan with $SPY: I expect volatility could get some lift here at market inflection and then get crushed and I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

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

I am still expecting it to get crushed – but it will likely get some lift here with the market inflection and short term pull back I’m seeing short term in indices etc.

My trading plan for $VIX is obviously $TVIX $UVXY $XIV day trade snipes.

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

The US Dollar continues its rally at time of writing. I expect it to continue in its symmetry relative to last year before Christmas also. Anyway, my Twitter feed had me posting this run since early July. It should at least take a breather here. It is .2 cents off my price target.

May call from October 12, 2016 – Price Target Hit

$DXY US Dollar Index looks nasty – last time it had the 9 20 50 100 under it we seen 100.50 #justsaying pic.twitter.com/01WOx6mdWD

— Curtis Melonopoly (@curtmelonopoly) October 11, 2016

Aug 3, 2016 I was tell the $DXY bulls they were going to have a good Christmas (our algo was launched in – house at that point and was hitting like mad – I was being a little cheeky).

My socially awkward call on the $DXY US Dollare back Aug 3 – I was just telling the US Dollar bulls it would be a good Christmas. https://t.co/AehSESFa3l

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

US Dollar Index. We were here last year near this time. Will it rip right through that ceiling or ? pic.twitter.com/hzw4PqpEve

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

I am also watching the Peso and Trump’s messaging… also watching $FXY and $USD/$JPY for clues with Gold and Miner’s.

$USD/JPY

USD/JPY why… be better if it let off the throttle a bit pic.twitter.com/97g1HXoONY

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

$FXY

$FXY – I may wait for closer to that yellow line for $GDX and $NUGT etc #GOLD pic.twitter.com/tZxhNhT1HR

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

$TZA could get a bounce.

$TZA 3x Small Cap Bear – since election perspective. Will it the bear get up off the floor? When it does, it may just hurt. pic.twitter.com/JhBQ7ijTfc

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

My trading plan with $DXY is that I’m sitting tight. WHEN IT DOES reach it’s full symmetrical extension I will look at plays for the downside. If $USD/$JPY comes off some I may look at Miner’s and I’m expecting Russell 2000 to come off a bit – BUT YOU NEVER KNOW.

Gold $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

My plan with Gold and the miners remains the same – patience. I have started to chew around the edges with tight trades but nothing yet. Watching $USD/$JPY close and $DXY and $FXY for clues on Gold and miners movements.

Gold. Patience for the one floor down buy. pic.twitter.com/juTYkYXfKc

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

My trading plan with Gold: Wait for the buy trigger to hit. If it doesn’t reassess range then.

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

Silver $SLV ($USLV, $DSLV)

As with Gold I’m awaiting buy trigger on Silver… I did try and take a $USLV trade on Monday as a tester but stopped out so I’ll continue to watch.

Silver. Looking like I will get my 16.25 wish. pic.twitter.com/Dctulr3Fvp

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

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

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F)

4:33 AM Update: EPIC the OIL Algo Blog Post Published.

If you are trading oil in the room be sure to always check EPIC the Oil Algo Twitter Feed for updates and recent reports etc.

Oil got up over resistance yesterday and lost it overnight (that thick blue line) – so I am hoping for the 200 day on the 1 Hour as a long entry.

In summary your trading ranges are as follows (as of 721 AM Nov 16, 2016):

Diagonal intra trend lines: Overhead Resistance 45.54. (change intra with diagonal blue lines).

Horizontal trend lines: Resistance – Many. Support – Many but one of note at 44.56. Refer to chart. (purple lines).

Moving average: Support at 200 MA on the 1 HR. Intra is at 44.51 (this will change intra)

Alpha algo lines: Refer to chart (red dotted diagonal).

Alpha algo targets for week: At time of writing EPIC has not released any updates.

Traditional chart pivots: Next segment of publishing from EPIC coming soon.

Traditional Fibonacci: Next segment of publishing from EPIC coming soon.

My plan trading oil is to take a long position in $UWTI at the 200 day on the 1 hour (pink line on chart) in my small account if the support holds and there is corresponding price action / volume. I will sell in to strength and re-enter as needed and I will sell VERY FAST if support is breached. If oil gets proper lift then I will consider entering in size long with my large swing account.

So it seems to me that if that downdraft continues… that 200 on the 1 hour is a juicy place to hammer down long. #justsaying https://t.co/Ka63DS4Csu

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

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

Wowza

May be best not to long crude right now. https://t.co/E1sAsllfH8

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

Other:

Natural Gas ($UGAZ, $DGAZ)

Natural Gas A long here risky IMO 290 even 300 with some follow thru would be better. pic.twitter.com/LqaXTPktVL

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

Thinking the air is getting a little thin up here for $IWM

$IWM Starting to wonder about what the elevator down may look like. pic.twitter.com/YO3rh89XDE

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

Watching $RWM Russell 200 Short

$RWM Got my alarms set – let's see what it brings. @VikingKing6 pic.twitter.com/hLvsuEpips

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

Thinking Aluminum for some reason

$FOIL pic.twitter.com/KH8qAZ1VXf

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

$JJU pic.twitter.com/R6tFZh3BvK

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

Study:

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open super-nova type plays (you need a good momentum scanner for the first 30 mins of trade)… 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/

"First rule is not to lose money. Losing an opportunity is minor in comparison."https://t.co/gVwyx9xmIg #daytrading #wallstreet #stocks

— Curtis Melonopoly (@curtmelonopoly) November 16, 2016

GL!

Curtis

Topics: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom

Nov 2016

Post Market Tues Nov 15 $TWLO, #OIL, $UWTI, $GDX and more.

Post Market Report (Trade Results) $DRYS, $DSX, $GDX, $SHIP, $TLT, $TWLO, Chat Room, Day-trading, Oil, Stock Market, Stocks, Trading Results, USD/JPY, UWTI, Wall Street Curt Melonopoly

Review of my Chat Room Stock Day Trades / Alerts for Tuesday Nov 15, 2016 $TWLO, $UWTI, OIL, $GDX, USD/JPY, $TLT, $DSX, $SHIP, $DRYS and more.

Intro:

Overview Perspective of Chart Room, Trades and Alerts:

Today for me was a scalping day… worked moderately well. With a goal of 1% minimum per day (preferably 3%) I’m easily on track since the beta start of our trading room a couple weeks back (1% per day 10k to 1.14MM in 26 mos compounded).

Primary lessons I learned that may help your trades…

When EPIC the Oil Algo says something I’m still challenged to listen (it’s just math but wow accurate). Most recently I’m referring to the posts on EPIC’s feed last Thursday cancelling targets because the change in trend. The mistake I made was giving too much credence to the upward resistance points on the traditional charting. In other words, had I just taken an entry at the lower range of oil trade when EPIC had signalled the time / price cycle change was at hand and held that position I would now be up big. But I didn’t, I’ve been scalping #OIL using $UWTI between support and resistance – and of course doing that makes it almost impossible to gain what you would have if only you traded the range from the bottom support and held. I am still up – but not anything like I would be. NOW, to be clear, when EPIC publishes the new alpha algo targets soon I have become comfortable trading those… so my hold at support areas in a range becomes more assertive. So even I am learning how to use EPIC’s math as an edge – and trusting that math – but it has been spot on so I’m getting there.
$TWLO – for me this was a swing account (my larger account) trade and normally I’ll hammer down when I have a conviction on a trade and not snipe but swing. But when I entered $TWLO trade today I didn’t like the price action and cut early… it did come off after that exit so that part was done right as a scalp and it was a win but after hours it trended from approx. 34.65 to 35.65 range. So what’s the lesson? My thesis was correct and it was a swing so allowing short frame trading affect that conviction on a swing is simply nonsense.

$TWLO Trending After Market Hours

Trading Chat Room Transcript

08:44 am Curtis Melonopoly : Morning!
08:44 am Curtis Melonopoly : https://compoundtrading.com/pre-market-newsletter-tuesday-nov-15-usoil-wti-dxy-vix-gld-gold-slv-silver-spy/
08:45 am Curtis Melonopoly : That was morning trading plan.
08:45 am Curtis Melonopoly : Here is EPIC the Oil Algo Update – must read so you know what’s happening in here today. https://compoundtrading.com/oil-trading-chart-update-nov-15-crude-oil-fx-usoil-wti-uwti-dwti-uso-uco-cl_f/
08:50 am Curtis Melonopoly : Top % Gainers: $SHIP 34%, $TOPS 26%, $DRYS 22%, $ESEA 22%, $SINO 14%, $RPRX $AAP $NOG $NM $VKTX $JD $UWTI $PWE $CTRV $MTL $UGAZ
09:20 am Curtis Melonopoly : Gainers: SHIP +40%. TOPS +35%. DRYS +24%. ESEA +21%. SAEX +13%. NMM +15%. AAP +14%. RPRX +12%. SINO +12%. ORIG +9%. JD +8%. NM +8%. GNK +8%. OCUL +6%. SALT +6%.
09:20 am Curtis Melonopoly : Losers: SYN -35%. BETR -21%. TSRO -10%. SSYS -10%. CRBP -6%. RIO -6%. NOK -6%. DKS -6%. BBL -5%.
09:23 am Curtis Melonopoly : http://finance.yahoo.com/news/analysts-actions-anthem-fortinet-harley-130800133.html
09:29 am GSCT . : COuld be a tad louder
09:34 am Curtis Melonopoly : Long $UWTI Small account 800 share 18.47 risky in first 30 mins
09:39 am Curtis Melonopoly : Out small gain 18.525 reentering soon

Win #1 for hotdogs and beers .25% +-
09:55 am Curtis Melonopoly : Back in 10 while oil consolidates
09:58 am Curtis Melonopoly : 18.745 Long $UWTI 800 Share small account will hammer down with swing account if continues to confirm
10:01 am Curtis Melonopoly : Running scans – back in a bit
10:16 am Curtis Melonopoly : $UWTI out 18.958 800 share small acct win – will re enter

Win #2 for 1.2% +-
10:22 am Curtis Melonopoly : Running scans
10:33 am Curtis M : If you learn anything here let the Twitter land peeps know plz thx
10:34 am Curtis M : buy order ready on $UWTI
10:52 am Curtis Melonopoly : back in 10
10:58 am Curtis M : 18.649 800 share uwti small account
11:03 am Curtis Melonopoly : You guys have been separated in to two rooms again – Sartaj will connect the two rooms soon lol
11:08 am Curtis M : We have sme coding issues… 3 rooms split you guys are staying with me for today ‘ fixed tonight
11:18 am Curtis M : Out $UWtI 18.77 800 shares

Win #3 for .7% +-

11:29 am Mathew Waterfall : Got in NE calls and CHK common right after the bell yesterday. Small cap oil should be just getting started
11:30 am Mathew Waterfall : Don’t forget about /CL contract roll coming up though. That messes with futures pricing something fierce
11:33 am Curtis M : Thanks Mathew forgot
11:34 am Curtis M : going for an Americano b 20 to 30 mins
11:35 am Curtis M : Sartaj just messaged and said he may have split rooms up over lunch or at latest in morning
11:35 am Curtis M : back in 20
11:51 am Curtis M : ok back scanning for afternoon
11:51 am Curtis M : Sartaj says splinter groups in other rooms likely not back till tomorrow when fixed
11:52 am Curtis M : Crude failed at res
11:53 am Mathew Waterfall : What about $DSX?
11:54 am Curtis M : Looking at $SHIP close
11:54 am Curtis M : Ill check DSX
11:55 am Mathew Waterfall : Good price action there. I’m in some calls from the open and working nicely. Just saw a huge buy come across as well
12:14 pm Mathew Waterfall : I wish I would have bought more lol. Always a regret
12:16 pm Curtis M : 45.60 heavy resistance on $USOIL FYI
12:16 pm Mathew Waterfall : I will only play through options. They move too fast to have an undefined risk
12:17 pm Mathew Waterfall : They gap so hard that even equities can leave you out if you’re on the wrong side
12:33 pm Curtis M : running scans for a bit
12:34 pm Curtis M : Is $DSX on your screen
12:34 pm Curtis M : in the room
12:38 pm Curtis M : runnung scans…. $DSX looks decent still
01:00 pm Curtis M : $USOIL $WTI coming up to resistance, $DXY coming to resistance, $SPY coming to top of recent range, $VIX at bottom of recent range
01:05 pm Curtis M : Looking at $GDX
01:09 pm Curtis M : Long $GDX tight leash 800 shares small account
01:09 pm GSCT . : /CL feels toppy. Do you see a reversal of trend intraday here?
01:09 pm Curtis M : GSCT did you read EPICS blog post or twitter
01:10 pm Curtis M : YEs heavy resistance
01:12 pm GSCT . : Yes.
01:12 pm Curtis M : 800 21.89 GDX small account+
01:12 pm Curtis M : Awesome lo thanks GSCT
01:12 pm Curtis M : Not trying to be cheeky just got my hands full
01:13 pm GSCT . : No worries.
01:13 pm GSCT . : Not at all.
01:14 pm GSCT . : I need to honor the trend more anyway in my trading.
01:20 pm Curtis M : what a great guy thanks
01:24 pm Mathew Waterfall : You said DWTI. So you think we reject at the next resistance point and head lower in OIL?
01:26 pm Mathew Waterfall : Thanks. Sometimes things actually work as expected lol
01:30 pm Curtis M : $DSX so clean
01:37 pm Curtis M : battleground for me here with $TLT and $USDJPY and a few other things for $GDX likely early
01:51 pm Curtis M : Small loss $GDX out 21.84

Loss #1 .25%
01:55 pm Curtis M : running scans for EOD momentum play
01:55 pm Curtis M : The $GDX $TLT Currency correlation is powerful… there´s a number of indicators ‘ but those three are tied … the turn isnt ready yet but its coming… maybe tonight…
02:02 pm Curtis M : Watching $TWLO squeeze
02:03 pm Curtis M : Swing acct 2000 shares long
02:04 pm Curtis M : $TWLO
02:07 pm GSCT . : Are those car horns there in Panama?
02:07 pm GSCT . : Scooters it sounds like.
02:09 pm GSCT . : Traffic sounds agressive there.
02:12 pm GSCT . : Hilarious.
02:13 pm Mathew Waterfall : /ES HODing
02:17 pm GSCT . : /CL poppimg
02:17 pm GSCT . : popping
02:18 pm Mathew Waterfall : Front ran that yesterday so that’s what IM hoping fo
02:18 pm Mathew Waterfall : small cap oil squeeze
02:20 pm GSCT . : I assume you have price targes or percentage goals for swings as well?
02:21 pm Mathew Waterfall : WLL Dec 10c @.25
02:22 pm Mathew Waterfall : Followed a sweeper through on those as confirmation
02:22 pm Mathew Waterfall : Loading up on small cap oil
02:22 pm Mathew Waterfall : WLL, NE, CHK, PBR
02:22 pm Mathew Waterfall : JONE, EPE, SGY on watch close
02:32 pm Mathew Waterfall : First list I’m in, second list will go on oil expansion
02:37 pm Curtis M : $TWLO out 2000 shares 34.40 with 34.26 avg buy

Win # 4 .45% +-
02:41 pm Curtis M : Ugh $GDX I knew it lol fark
02:49 pm Curtis M : LOL not sure what happened but all our equip is set up this MOnday… and there´s a ton of subscribers we re allowing in next week … we ve limited how many till gear is set up Monday… so a few more days of yup that
02:49 pm Curtis M : oil looks good fyi
02:50 pm Curtis M : pit is closed and oil doing what it is doing is good
03:05 pm Curtis M : Curious what $DRYS does after halt here
03:18 pm Curtis M : Wow last hour of the day used to be best hour…. pretty calm out there…
03:18 pm Mathew Waterfall : Shippers looking like they are breaking down. To watch
03:19 pm Curtis M : Shippers should be done soon IMO
03:19 pm Robert Norman : Amazing up move from Crude Oil today. Oo
03:20 pm Curtis M : Crude gonna rip some faces off cause meetings on deck…. could be very interesting
03:26 pm Robert Norman : Any clue what API is going to show?
03:27 pm Mathew Waterfall : Done for the day, see yall tomorrow
03:29 pm Curtis M : see ya mathew
03:29 pm Curtis M : no idea robert
03:35 pm Curtis M : Well that´s a mellow end to a market day… going to call it a night… room will stay open till 4. We will get the other guys in same room with you tomorrow too lol. Have a great night!
03:36 pm Robert Norman : Have a good one!

Topics: Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $TWLO, $UWTI, OIL, $GDX, USD/JPY, $TLT, $DSX, $SHIP, $DRYS

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Post Market Tues Dec 13 $OPGN, $BOSC, $AKAO $MDGS $NVCN $UGAZ $SPY $VIX, $GLD, $GDX $USOIL $WTIC

Post Market Tues Dec 13 $OPGN, $BOSC, $AKAO $MDGS $NVCN $UGAZ $SPY $VIX, $GLD, $GDX $USOIL $WTIC

Post Market Mon Dec 12 $AKAO $APRI $OPGN $UCO $DUST $WMT $USOIL $WTIC $GLD $SPY $DXY $VIX…

Post Market Mon Dec 12 $AKAO $APRI $OPGN $UCO $DUST $WMT $USOIL $WTIC $GLD $SPY $DXY $VIX…

Post Market Fri Dec 2 $JUNO $CBMX $SGY $EVHC $VTNR $ASNA and more.

$Gold Trading Chart Update Dec 5 $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

$Gold Trading Chart Update Dec 2 $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

$Gold Trading Chart Update Nov 29 $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

$Gold Trading Chart Update Nov 28 $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

$Gold Trading Chart Update Nov 25 $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG)

Pre-Market Newsletter Wednesday Nov 16 ($USD/JPY, $IWM, $RWM, $IWM, $FAZ, $USOIL, $GDX… more.)

Post Market Tues Nov 15 $TWLO, #OIL, $UWTI, $GDX and more.

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Tag Archives: $GDX