Compound Trading Tuesday April 11, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $PLUG, $ETRM, $DWT, $XIV, $USOIL, $WTIC, $AMZN, $GLD, $GDX – $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …
Intro:
Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).
Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).
In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .
Notices:
Most recent lead trader blogpost: When You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.
https://twitter.com/CompoundTrading/status/848681468125745153
Trade risk management psychology and mechanics is a discipline itself. I am convinced a small study library could be filled on the topic.
— Melonopoly (@curtmelonopoly) April 1, 2017
If you missed it, here is the Previous Day Stock Trading Results:
https://twitter.com/CompoundTrading/status/851716882709319680
Today’s Premarket Trading Plan – Watchlist can be found here:
https://twitter.com/CompoundTrading/status/851778312422785024
Most recent Simple Swing Trade Charting
Most recent Swing Trading Newsletter:
https://twitter.com/CompoundTrading/status/851408768357335041
Review of Markets, Chat Room, Algorithm Charting, Trades and Alerts:
Nice to get positive feedback:) Keeps one motivated. Click for recent Compound Trading Testimonials.
Learning so much from this group of helpful, humble traders. https://t.co/Zb6su53JUH
— Leanne (@CampingHiking1) April 12, 2017
Premarket watch-list for me was all about:
Protected: PreMarket Trading Plan Tues Apr 11 $SALE, $TNXP, $STRM: $SPXS – $SPY, $DUST – $GLD, $GDX, $DWT –…
$TSLA Tesla up premarket .2% after strong day yesterday. #bull pic.twitter.com/l7oLW2Jfqd
— Melonopoly (@curtmelonopoly) April 11, 2017
In play today in chat room and on markets:
$PLUG, $ETRM, $DWT, $XIV, $USOIL, $WTIC, $GLD, $GDX
I closed my $PLUG overnight swing that worked well, took a small papervut on $ETRM, had a mid afternoon $XIV trade go well and entered $DWT long 1/5 sizing based on @epicthealgo signals. Over noon hour we reviewed a number of charts such as Gold, Miner’s, Oil and various equities.
$PLUG decent 5000 add on 5000 long entry from yesterday and scalped and out at open.
— Melonopoly (@curtmelonopoly) April 11, 2017
Momentum plays on the day –
$PLUG DIdn’t get intra-day top, but a scalp off overnight hold nonetheless. $PLUG trade video below.
$PLUG DIdn't get intra-day top, but a scalp off overnight hold nonetheless https://t.co/ObnJSlCuiA
— Melonopoly (@curtmelonopoly) April 11, 2017
Got my daily papercut. … $ETRM the b@stard lol.
Got my daily papercut. … $ETRM the b@stard lol.
— Melonopoly (@curtmelonopoly) April 11, 2017
Long $XIV 64.495 for a tester 1/4 size
Long $XIV 64.495 for a tester 1/4 size
— Melonopoly (@curtmelonopoly) April 11, 2017
$XIV out https://t.co/ScY4xuDCZE
— Melonopoly (@curtmelonopoly) April 11, 2017
Trading Lessons, How-to and Educational:
#Intraday and #SwingTrading Chart Review: $PLUG $XIV $USOIL $DWT $XRT $JUNO $BOFI $URRE $GREK #GOLD $GLD $GDX
Stocks, ETN’s, ETF’s I am holding:
I am holding (in order of sizing – all moderately small size to micro sizing) – $DUST, $DWT, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.
Note-able Momentum Stocks Today (via FinViz):
Unavailable because this report is process late.
Market Outlook:
Why #Fed's plan to shrink the balance sheet could trigger a global bond crash. https://t.co/mHPRM1z9Mo pic.twitter.com/jIIDvheq8r
— Holger Zschaepitz (@Schuldensuehner) April 10, 2017
Fed. Unwinding 4.5 YUGE Ts #trillion What a tribe. https://t.co/nvyGQ40kKb
— Melonopoly (@curtmelonopoly) April 6, 2017
We have been warning folks (as a result of algorithm anomalies picked up) for sometime about significant resistance not far above in Oil and SPY so it will be interesting to see if we get through it. Here’s just some of the posts. The oil resistance cluster is much larger than the one identified on $SPY.
We notified members in most recent trading range over last week that our algorithm identified a divergence and to expect an interimn top.
— Freedom $SPY Algo (@FREEDOMtheAlgo) March 21, 2017
To be clear, our algorithm @FREEDOMtheAlgo alerted a $SPY anomaly recently. Which has us cautious until recent high taken out and confirmed.
— Melonopoly (@curtmelonopoly) April 3, 2017
I wouldn't get too excited long $SPY $ES_F $USOIL $WTI etc. until most recent highs are taken out and confirmed.
— Melonopoly (@curtmelonopoly) March 30, 2017
7 of… A break to upside of $SPY $WTI algo resistance would signal what can only be described as "unnatural" I suppose…
— Melonopoly (@curtmelonopoly) March 19, 2017
Algorithmic Chart Model Trading / News:
Target hit exact time and price called Sunday – hit Tuesday 430 PM dead center! Apr 11 FX $USOIL $WTIC $CL_F $USO $UCO $SCO $UWT $DWT #OOTT
https://twitter.com/EPICtheAlgo/status/852365451245965312
I have come to respect algorithmic chart modeling like a deep sea fishing vessel respects a weather forecast. #trading #charts #signals
I have come to respect algorithmic chart modeling like a deep sea fishing vessel respects a weather forecast. #trading #charts #signals
— Melonopoly (@curtmelonopoly) April 8, 2017
The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).
Swing Trading Notes / News:
$AMZN Amazon swing trade going well. In 822.00 area trading 896.00.
The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
NA
Gold $GLD $XAUUSD / Gold Miner’s $GDX:
{40 year} Gold Seasonality Chart. #Gold $GLD $SLV $GDX $GDXJ $NUGT $DUST #Silver https://t.co/bJnAoWCHPS
— Melonopoly (@curtmelonopoly) April 2, 2017
Silver $SLV:
NA
Crude Oil $USOIL $WTI:
#Oil Watch: Brent (chart) and WTI have nearly recovered to the post #OPEC deal price range of Dec-Feb — #OOTT #shale
#Oil Watch: Brent (chart) and WTI have nearly recovered to the post #OPEC deal price range of Dec-Feb — #OOTT #shale pic.twitter.com/V7HjtUbq0r
— Javier Blas (@JavierBlas) April 10, 2017
Volatility $VIX:
NA
$SPY S&P 500:
See warnings above.
$NG_F Natural Gas:
NA
Live Trading Chat Room Video Raw Footage and Transcript:
Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day)
Compound Trading Stock Chat-room Transcript:
Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades).
Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix.
Curt M: Protected: PreMarket Trading Plan Tues Apr 11 $SALE, $TNXP, $STRM: $SPXS – $SPY, $DUST – $GLD, $GDX, $DWT – $USOIL, $WTICLINK: https://compoundtrading.com/premarket-trading-plan-tues-apr-11-sale-tnxp-strm-spxs-spy-dust-gld-gdx-dwt-usoil-wtic/PASSWORD: PREMARK041117Trading room link – come visit us! https://compoundtrading.clickmeeting.com/livetrading
Curt M: $NADL under debt restructring – no holding
Linda: lol no bag holding?
Curt M: On mic for open in 1 min>>>>>>>>>>>>>>
Curt M: $NASL, $TNXP for open
Curt M: Shippers on watch baltic is up 2.5%
Sartaj: Recording
Hedgehog Trader: hi all
Hedgehog Trader: yow NADL
Curt M: hey
Flash G: $TSLA a star
Curt M: Long 2.61 5000 shares add to yesterday 5000 shares
Curt M: $PLUG
Hedgehog Trader: fellow fuel cell stock which I mentioned $FCEL is smoking
lenny: Watching $PYDS
Flash G: Tillerson landed
Sammy T: $XENO tanking
Curt M: $GDXJ flagging off its pivot – test time
Curt M: Closed 10000 2.582 for a win from yesterday and today’s entry
Curt M: 5.3 cents win on 10000 shares
Sammy T: $GPRO b/o
Sartaj: Off mic, Curt, or still some left for openings?
Curt M: Off for now yes thanks
MarketMaven: $SPX 50 ema test around the corner
Hedgehog Trader: Curt
Hedgehog Trader: $VAPE watch
Hedgehog Trader: 50dma getting closer
Hedgehog Trader: to 200dma
MarketMaven: Gold has power
lenny: $HEB CEO 200000 insider buy
Curt M: Shoulda gave $PLUG some more room
Optionsavvy: how do I turn volume off ?
Curt M: Good question I’ll ask Sartaj
lenny: what volume? the ding?
Optionsavvy: no all volume. I need to listen to a conference call and want to mute this screen while I am on call
lenny: oh
Sartaj: You might have to leave the conference
Sartaj: This one, I mean
lenny: lol
Sartaj: Unless you’re on Google chrome
Sartaj: then you can mute individual tabs
Optionsavvy: yes I am
Sartaj: You ought to be able to find the volume settings for individual tabs in your Volume button in the system tray, or try right clicking on the ClickMeeting window right at the top, and see if any volume settings come up
Sartaj: There’s no obvious way for users to mute the presenter, unfortunately
Curt M: Oil respecting resistance so far – could be a good short lining up
Yetty: sweeeet ccall on $PLUG I nailed it off your buy yesteday just sold thanks
Optionsavvy: ok thanks anyway Sartaj
Optionsavvy: I’ll be back in a bit
Curt M: peace
Sartaj: No problem. Let me know over Twitter DM if there’s no space here
Sartaj: and we can make some room
MarketMaven: $IWM green
Flash G: Breasth is positive too
Flash G: Breadth
Tradergirl: hey all, no volume/mute or is it just me?
bob: Curt isn’t on mic right now
Tradergirl: ok, thank you bob
bob: so not just you lol
bob: np
Tradergirl: lol
Curt M: curts tired lol
Curt M: hey tradergirl and bob whats hot?
bob: you know, losing my mind over staring at candles all day. the usual lol 🙂
Curt M: ha
Curt M: I have dry powder and pent up mojo lol loooking for one just one outta the park this week
Hedgehog Trader: $NAK still coiled
Sammy T: we’ll get one
Sammy T: There’ll be a good halt intra day yet this week
Flash G: $SPY 50 MA broke
Hedgehog Trader: AIQ halted
Sammy T: $LEDS r/g
Flash G: $VIX a record…. since election
frank: $XIV should be good soon Curt
Flash G: $SPX $SPY under last week lows
Sammy T: Silver reverse on 4 hr testing mid BB – likely fails IMO
Curt M: $ETRM long 6.275 2000
Curt M: tight stop
Curt M: On mic >>>>>>>>>>>>>>>>>>>>>>
Curt M: Add over 6.40 or failure VWAP tight stop
Curt M: Stopped $ETRM 6.19 2000 shares
Curt M: Long $DWT 23.676 500
Curt M: On mic >>>>>>>>>>>>>>>>>>>>>>
Curt M: Off mic >>>>>>>>>>>>>>>>>>>>>
Curt M: Long $DWT position is 500 at 1/5 sizing will consider another 4 entries at each upside resistance
Curt M: My fills just came in less but we’l leave it where it is for the log – chippy entries
optionsavvy: back
optionsavvy: DOW breaking mid term supp here. next tgt is a major at 20427.60 on the DJI
MarketMaven: hey ssavvy
optionsavvy: GM maven
Flash G: $USDJPY on 200 Day
optionsavvy: I’d paste a chart if I could 🙂
Flash G: we all getting chart power over next couple days – was talking to curt about it
Flash G: Post it on your Twitter
Flash G: then put the twitter link to your tweet in here
optionsavvy: see red circles for supp https://twitter.com/Optionsavvy/status/851812424873279492
optionsavvy: IWM stronger on intraday relative basis that will be my long
optionsavvy: yep bounce playing out. I missed my buy
Curt M: Lol – sometimes I feel very slowwwwww with compouters
Flash G: Watching $IWM lpay today also
optionsavvy: brb
Curt M: Off mic >>>>>>>>>>>>>>>>>>>>>>>>>>>>
Hedgehog Trader: nanocap $ICLD looks to be setting up
Hedgehog Trader: what ya think Curt?
Curt M: $ICLD?
mezi: I like it lol
lenny: I am in it
Hedgehog Trader: nice
Curt M: $FIT new smartwatch delayed due to production issues. #yahoo
lenny: dull day
lenny: homework day
Curt M: On mic re XIV trade >>>>>>>>>>>>>>>
Curt M: Out $XIV 64.93 looking for re-entry later off mic >>>>>>>>>
Curt M: Small win
Sartaj: Reminder that we actually do have this: https://compoundtrading.com/partner-programs/
Hedgehog Trader: wonder if $NAK is gonna run
Sartaj: Be back in a bit
Sartaj: Back
Curt M: $NADL halt
Curt M: tank
Curt M: Oil’s closing…. down from here lol
Sartaj: Yes
Hedgehog Trader: speaking of Tank $TNK chart looking interesting
Sartaj: EPIC is… EPIC
Curt M: lol
Hedgehog Trader: $SINO even better
Hedgehog Trader: https://twitter.com/HedgehogTrader/status/851865391840321538
Hedgehog Trader: my SINO chart
Curt M: Nice chart $SINO
Curt M: $X looks really juicy
Curt M: Here;s the live $X chart with indicators mentioned https://www.tradingview.com/chart/X/2Eq99WSf-X-up-3-has-21-ema-MACD-cross-SQZMOM-about-to-turn-green-Stoch/
MarketMaven: POWER HOUR
Hedgehog Trader: GDX moving closer to 24.71 200 dma
Hedgehog Trader: nice i got a million retweets on SINO
Hedgehog Trader: but it looks sweet
Curt M: nice
Hedgehog Trader: one of the stronger shippers for some time
Curt M: I will have to concede to the Gold long soon – a few days yet
Hedgehog Trader: ashes to ashes, $DUST to $DUST
Flash G: It’s the battle zone here for Gold and Oil
Curt M: not quite dust yet
Curt M: odds are against dust tho thats for sure
Hedgehog Trader: miners seasonal trend is up from mid-march to early June
Curt M: Can you not unblock people on Stocktwits lol?
lenny: Never tried
Sartaj: I’ll check
Sartaj: Yes, it is
Sartaj: https://www.stocktwits.com/settings/blocked
Curt M: thanks
Curt M: That should be about it for Gold for the day
Hedgehog Trader: $URRE looks perky again
Hedgehog Trader: bit of a pause/doji day
Hedgehog Trader: looks like it could resume soon though
Curt M: $DRYS reverse split
Curt M: $URRE should get serious lift soon
Hedgehog Trader: yes
Curt M: Gold gold gold
Hedgehog Trader: $CEF which holds physical gold and silver is trading at a 6.7% discount to NAV
Hedgehog Trader: kind of a longer term idea
Curt M: If Trump gets on to this North Korea thing any more seriously then metals going nuts now lol
Curt M: Could happen any second imo
Hedgehog Trader: you mean any Tweet now
Curt M: Trump is a NFA kind of guy
Curt M: lol
Curt M: funny when u think about it
Hedgehog Trader: guys i’m hitting THE BUTTON #MAGA
mezi: LMFAO
Curt M: $TVIX swing over night?
Flash G: NO
Flash G: Garbage.
Curt M: True but….
Curt M: Bears shouldn’t go anywhere near $WIX imo
Sartaj: DoD Rep. is giving a press conference on missile strike
Curt M: N korea? or Syria?
Sartaj: Syria
Curt M: They couldn’t have waited 20 mins lol
Hedgehog Trader: full moon
Curt M: hahaha
Curt M: They’re gonna pump the cr@p outta SPY right now
Hedgehog Trader: with full moon over, i do think miners will rally tomorrow
Hedgehog Trader: $ABX looks good, plus lots of insider support/buys
Curt M: i hope not
Curt M: lol
Curt M: but u can’t win em all
Hedgehog Trader: for sure
Curt M: $TVIX HOD! Buy buy !
Curt M: nah
Hedgehog Trader: VIX is like whack a mole, come out your hole
mezi: You guys have been on with your calls. No need to gamble.
MarketMaven: Slow and steady
deb: tomorrow should be good
deb: for picking up bargains for swings in to next week
Flash G: Risk off environment.
lenny: As long as bombs don’t drop on NK next week very likely decent I agree
Curt M: $NADL – meet your new bagholders
Curt Melonopoly: http://oilprice.com/Latest-Energy-News/World-News/Russia-Signals-Weighing-Extension-Of-Oil-Output-Cuts.html
deb: have a good evening
Sammy T: ya see ya on flipside of the moon
Curt M: have a great night y’all!
Curt M: Thanks for the help Nicholas!
Hedgehog Trader: no prob Curt 🙂
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Article Topics: $PLUG, $ETRM, $DWT, $XIV, $USOIL, $WTIC, $AMZN, $GLD, $GDX – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Learning, How To, Trade, Trading, Educational, Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500