Compound Trading Chat Room Stock Trading Plan and Watch list for Thursday July 13, 2017; $FSLR, $HK, $CARA, $VRX – $XIV, $AAOI, $WMT, $NFLX, $UUP, $SSH, $LGCY, $TRCH, $ESEA, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.
Welcome to the morning Wall Street trading day session at Compound Trading!
Notices:
Notes in red text below are new comments entered specifically today.
Today’s Live Trading Room Link:
http://compoundtrading1.clickmeeting.com/livetrading
Live Alerts for Oil, Swing Trading and Day Trading are now available only on either email and/or by following alert Twitter feed. If you did not get an email send an email to [email protected] and ask Sartaj to get you info. Most of those I spoke to are opting for email only, but the Twitter alert system is available for those that want it. Disclaimer / disclosure: Every subscriber must read this disclaimer.
Reporting and Next Gen Algorithms:
Swing newsletters will be Tues, Wed, Thurs (night) this week.
The next gen Gold Algorithm is out and will get a $GDX add-on upgrade on weekend. Price increase will be announced within a week or so.
$SPY and Silver next gen algorithms are on deck to be released over the next week. $DXY is out (has an upgrade coming) and $VIX will remain conventional charting for the foreseeable future.
Recent oil room trade review video still on deck for those learning how to use model, however, I have delayed it some because my trades haven’t been the best to learn from lately. Making money, but the hard way lately.
Post market catch up posts still on to do list (we have about thirty from last quarter to post for transparency). Hopefully going forward now that we aren’t releasing any new algorithm models etc I’ll be able to get the rhythm of reporting cycle fluent / regular. It was the development / math etc of the models that took most of the energy so it should be good going forward. Between now and Christmas we’re just locking in what we have tighter and tighter so it sounds like a good plan:)
Quarterly PL’s are in process.
Master Class Charting Series Webinars:
This is confirmed. I will be sending out invites that I will need RSVP on because we only have 50 seats in the room.
I have spoken to many members and many have issue with this week. So I have set it off one week (it can’t be delayed again past then) and the webinars will be next week Tues, Wed, Thur, Fri from 2 PM to 3:30 PM.
Connect with me on Discord and lets take this up a notch!
https://twitter.com/CompoundTrading/status/880670140454637569
Recent lead trader blog / video / social posts:
July 7 Midday Trade Set-Up Charting – $PLSE, $AAOI, $GOLD, $WTI, $ARNA, $DXY, $THC, $RTNB, $CARA …
https://twitter.com/CompoundTrading/status/883861463496105984
https://twitter.com/CompoundTrading/status/846494014635429888
The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.
https://twitter.com/CompoundTrading/status/841078264537993218
Trading Plan (Buy, Hold, Sell) and Watch Lists.
$AAOI the swing trade that keeps giving. $AAOI New swing trade doing well. Opened long Friday 64.90 and 73.50 premarket #swingtrading
Morning momentum stocks on watch so far: $AAOI, $FSLR, $HK, $CARA, $VRX
Other Gaps of Note Premarket: $BIOC, $XGTI
Bias toward / on watch: $FSLR (chart), $HK upgrade interesting, $VRX, $CARA for possible daytrading lift, Oil $USOIL $WTI came off hard AGAIN in overnight trade and looking for an interim bounce (I am a tad up in overnight trading), $DXY US Dollar as noted previous has held support area and could get significant lift (been this way for some time now), and Gold / Silver no considerable movement post Fed speak from Wednesday. $SPY and $VIX nothing new, however there is a general time / price cycle terminating in next week or so.
OTC on watch:
Recent Momentum Stocks to Watch:
Recent SEC Filings to Watch:
Earnings On Deck:
Holds (specifically on day trading side): $AAOI, $NFLX, $WMT, $XIV, $UUP test starter swings. All other holds are small size (less than 5% of day trading account on total) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $LIGA (all not including my swing trading or algorithm charting trades).
Some Recent Chart Set-ups on Watch: $FSLR is really bullish and one we’ve recently reviewed among many others – See mid day reviews on You Tube. We are working on these (if listed) and others in Mid Day Review in trading room. If you can’t be in there you can catch the review on the raw video feed we post to You Tube of each trading day.
Market Outlook:
Mid day charting and swing charting has many plays right near buy triggers, so that is positive.
Market News and Social Bits From Around the Internet:
If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).
Some of my Favorite Intra-day Trading Set-Ups:
(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.
The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.
Morning Stock Watch-Lists for my Favorite Set-Ups:
(1) Pre-Market Gainers Watch-List: $XGTI, $YNDX, $VSTM, $TGT $CYTR $MNK $BT $ALDR $SNAP $LYG $TEVA $DWT $MYL $VOD $TWTR $JNUG $UL $PYPL $M 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:
(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)
(5) Recent Upgrades: $IP $PKG $MTD $A $HK $IPCC $PGR $VNTV $FAST $SNAP $ICE $PHM $CWH $ARNC $CNHI $NGG $SLG $PWR as time allows I will update before market open or refer to chat room notices.
(6) Recent Downgrades: $SLGN $BRKR $STX $ROYT $MORE $T $WAB $LM as time allows I will update before market open or refer to chat room notices.
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
http://finviz.com/
https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6
http://www.highshortinterest.com/
http://www.gurufocus.com/short-stocks.php
http://www.3xetf.com/all/
http://www.etf.com/channels/gold-etfs
GL!
Curtis
Algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct. Our lead trader Twitter feed is here @curtmelonopoly and lead tech developer @hundalSHS.
Article Topics: $AAOI, $FSLR, $HK, $CARA, $VRX, $USOIL, $WTI, $GLD, $GDX, $SPY, $DXY – $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD