My Stock Trading Plan for Monday Jan 9, 2017 in Trading Chat room. $MSTX $MACK $ARWR $BIOC $EXAS Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

A super quick premarket newsletter below! You all have charting for regular trades I follow (sent overnight on email and/or on Compound Trading Twitter feed) so I won’t include below for Oil, Gold, Silver, VIX, SPY, etc.

Notices:

Big week coming. Official Launch @CompoundTrading Monday. All algorithms published for launch. Two week double account challenge live.

Monday is free room access first Monday each month. Join us for official launch?. https://compoundtrading.com #stockmarket #stocks #wallstreet

Goal: Double accounts between now and when Trump sworn in. Range opening in our focus areas for scalps that will add quick.

Per previous;

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Current Holds:

Per previous;

$CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

Lots of width in what we are trading between now and Jan 20, 2017 (and likely at least short-term thereafter) IMO. Should be really active. My focus will be toward morning momentum plays and scalping range in $NUGT $DUST $JNUG $JDST $USLV $DSLV $UWT $DWT $UGAZ $DGAZ $TVIX $UVXY $XIV.

Per previous;

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Generally speaking I am looking for some volatility between now and late January. My instinct tells me that even if there is some downdraft in the markets that the Trump train will sweep them up in positive momentum at some point.

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

Per previous;

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo Stocks: $MSTX $MACK $ARWR $BIOC $EXAS

$DNAI changes its corporate name to Sierra Oncology.
New ticker $SRRA

ER’s
$JPM $BAC $WFC $BLK $KBH $DAL

#JPM17
$CELG $AMGN $VRX $JUNO
$BLUE $KITE $ONCE $CLVS
$GILD $REGN $SGEN $BIIB
$BMRN $JAZZ $RDUS $HALO

ARIA aquired by Takeda for $24/sh. 5.2 billion deal

Mars to Acquire VCA Inc $WOOF for $9.1B

If you are new to our trading service you should review recent blog posts 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).

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

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 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: Gainers:$MSTX 82%, $MACK 38%, $ARWR 14%, $BIOC 13% $EXAS 9% $CRNT $ABIL $ASM $JNUG $DRYS $NUGT $ZFGN $PTLA $NAK $DWT $DGAZ

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: Losers:  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) Upgrades: $UNP $OAS $MPEL $AMP $NE $TRUE $VER $FMSA $NUE $ZEUS $DRQ $RS $RYI $ROK $DO $SJR $BRKS $WRE $SRCL $AMTD $RJF $CMI $KMI $KRG $LHO $TXN $CLX $IT $VALE $BCS $ST $JD $BIDU $VVC $DPS $KO $VIAB $NI $EHTH $NMBL $ETN $ITT $ROKA as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:  $AXS $DTE $AHL $NLS $JBHT $BCE $WFT $MAIN $MRCC $FDUS $ACAT $EGRX $CXP $GPT $WHLR $RTEC $MANH $OFC $EGP $O $CDR $DEA $REG $IFF $SLG $SPG $RPAI $RPT $GGP $DLR $BXP $LMCA $ERIC $VMW $ETP $RCI $PM $SAM $PG $BCE $AIZ $VOYA $JNPR $PAAS $EXKA 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

Article Topics:  $MSTX, $MACK, $ARWR, $BIOC, $EXAS, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GDX, $NUGT, $JNUG, $USLV, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $DWT, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


Gold Trading Algorithmic Charting Update Monday Jan 9 GOLD $XAUUSD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

Jan 9, 2017 Rosie the Gold Algo Trading Report (member edition).

Good day! My name is Rosie the Gold Algo. Welcome to my new member edition Gold trade report.

You can follow my intra day tweets here https://twitter.com/ROSIEtheAlgo.

There’s Gold in them thar hills boy!

If you haven’t read part one of “There’s Gold in them thar hills boy!” please do now before reading below. Also, the member edition Gold trade follow up here.

Live Gold Chart on Trading View

https://www.tradingview.com/chart/GOLD/FTSeGLEF-ROSIE-the-GOLD-Algo-GLD-UGLD-DGLD-GDX-NUGT-DUST-JDST/

Live Gold Miner $GDX Chart on Trading View

https://www.tradingview.com/chart/GDX/2VZ2qqbo-GDX-trade-chart-ROSIE-the-GOLD-Algo-GLD-UGLD-DGLD-GDX/

Gold Chart Intraday

Gold trade chart. ROSIE the GOLD Algo $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST

Gold, Chart

Gold trade chart. ROSIE the GOLD Algo $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST

Trade Considerations to Increase Your Trading Edge

Below are the tight intrday trading ranges in Gold. Also there are three arrows pointing to intraday resistance. The yellow line being a symmetry resistance, the blue is a quadrant resistance and the green is an important Fibonacci extension resistance. The uptrend is intact if the white line is not breached and price stays above 1155 ish region.

Gold, Chart

Gold resistance. Symmetry, quadrant, fibonacci. ROSIE the GOLD Algo $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST

Quadrants. $GDX trade chart. ROSIE the GOLD Algo $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST

The math is locking in now on the miner’s.

$GDX, Chart

Quadrants. $GDX trade chart. ROSIE the GOLD Algo $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST

Current trade quadrant. $GDX trade chart. ROSIE the GOLD Algo $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST

$GDX, Chart, Quadrant, Algo

Current trade quadrant. $GDX trade chart. ROSIE the GOLD Algo $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST

If you have questions about these decisions, email us or ask in private message in the trading room or on Twitter.

Below are some of our regular info…. notices etc…

NOTICES:

NEW SERVICE OPTIONS: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

DEVELOPMENT PROCESS: 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 or geometric 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 traditional 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. As such, my reports are a transparent exploratory review of traditional indicators that I weave in to algorithmic modeling over time as the posts progress over days, weeks and months. Please review our algorithm development process and about our story on our website www.compoundtrading.com, my charting posts on my Twitter feed and this blog. And finally, to view our first algorithm in action (a more built out model) view EPIC the Oil algo posts and or social feeds – I am the second of six in development at Compound Trading.

FEATURE POST: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are viewing our algorithmic model charting it is a must read.

ACCESS: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 I will have a rate increase as my model rolls over from early stage – but as with all our offerings, existing members will be grandfathered at locked-in current rates. You can subscribe to the Gold algo member edition here. Plans from $2.04 per day with promo code. 200 limit.

SOFTWARE: My algorithmic charting is scheduled to developer coding phase early 2017 for our trader’s dashboard program.

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

Rosie the Gold Algo

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


Gold Trading Algorithmic Charting Update Monday Jan 9 2017 GOLD $XAUUSD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations.

Rosie the Gold Algo Trading Report (public edition).

Good day! My name is Rosie the Gold Algo. Welcome to my new public edition Gold trade report (public editions do not include proprietary algorithmic modeling).

The member edition (that includes the algorithmic trading levels) will be published and in your email inbox soon!

You can follow my intra day tweets here https://twitter.com/ROSIEtheAlgo.

There’s Gold in them thar hills boy!

If you have not read my “There’s Gold in them thar hills boy” post – now is a good time before reviewing the below.

A Quick Review 

Some time ago, while everyone was panicking about Trump and the end of the world saying Gold was going to the moon, we were politely telling the world that my algorithm was telling us the opposite. Yup, that’s right, I was telling everyone they were wrong. And sure enough, right to the penny her price target was recently hit. But I went further and said, WAIT EVERYONE! There’s a 90% chance the price will now see the bottom of the algorithm quadrant – and sure enough – it did – right to the penny.

So now what?

My recent post (link above) outlined some decisions coming in the trading price of Gold – so you will need to review that, but nonetheless, here’s what has happened since.

Current Gold and Gold Miner’s Trade

Last report I drew the white arrow for you as a most likely scenario (its almost like Gold listens to me 🙂 Which is good I suppose since I am a probability algorithm) – with a resistance area being 1191 – 1193 area to watch for. Price is in fact on its way there and should it arrive there I would be very cautious. There is obviously the possibility price will continue higher and we have those decision levels ready also. But for now, here’s a chart with your most immediate decisions.

GOLD, Trading, Chart

Price still on its way to 1191 – 1193 resistance. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

$GDX Fibonacci Levels to watch. ROSE the GOLD ALGO $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST

I won’t explain my methodology below, but I will say these are some of your levels as the price of Gold Miner’s $GDX trades upward.

$GDX, Trading, Chart, Fibonacci

$GDX Fibonacci Levels to watch. ROSE the GOLD ALGO $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST

Member update with algorithmic model decisions / levels on – deck! 

Below are some of our regular info…. notices etc…

NOTICES:

NEW SERVICE OPTIONS: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

DEVELOPMENT PROCESS: 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 or geometric 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 traditional 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. As such, my reports are a transparent exploratory review of traditional indicators that I weave in to algorithmic modeling over time as the posts progress over days, weeks and months. Please review our algorithm development process and about our story on our website www.compoundtrading.com, my charting posts on my Twitter feed and this blog. And finally, to view our first algorithm in action (a more built out model) view EPIC the Oil algo posts and or social feeds – I am the second of six in development at Compound Trading.

FEATURE POST: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are viewing our algorithmic model charting it is a must read.

ACCESS: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 I will have a rate increase as my model rolls over from early stage – but as with all our offerings, existing members will be grandfathered at locked-in current rates. You can subscribe to the Gold algo member edition here. Plans from $2.04 per day with promo code. 200 limit.

SOFTWARE: My algorithmic charting is scheduled to developer coding phase early 2017 for our trader’s dashboard program.

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

Rosie the Gold Algo

 

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


My Stock Trading Plan for Friday Jan 6, 2017 in Trading Chat room.  $OGXI $VGZ $GPS $MDCO $GLD $GDX $NUGT $JNUG $USLV $SLV $UWT, $DWT, $USOIL, $WTI, $GOLD, $USD/JPY, $SPY, $SILVER, $SI_F, $VIX, $UVXY $TVIX $NG_F… more.

Welcome to the morning Wall Street trading day session!

Notices:

Charting: TradingView charting is intermittently down (depends on the security) – seems to happen every few months. Likely ICE exchange data issue again – so charts are intermittent in this report and in trading room until it is resolved on their end.

2017 Algorithmic Model Charting is complete – we’re just waiting for TradingView ICE Data to come back online to publish and send to your inboxes!

Per previous;

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Current Holds:

Per previous;

$CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

Lots of width in what we are trading between now and Jan 20, 2017 IMO. Should be really active. My focus will be toward morning momentum plays and scalping range in $UGAZ $DGAZ $NUGT $DUST $USLV $DSLV $UWT $DWT $JNUG $JDST

Per previous;

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Generally speaking I am looking for some volatility between now and late January. My instinct tells me that even if there is some downdraft in the markets that the Trump train will sweep them up in positive momentum at some point.

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

Per previous;

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo Stocks: $OGXI $VGZ $GPS $MDCO

Gap shares surge 8.6% in premarket trade

Amgen shares ? up 4% premarket

Regeneron shares ? down 8.1% in premarket trade

Ionis and subsidiary Akcea collaborate with Novartis to develop two cardiovascular candidat… http://seekingalpha.com/news/3233823-ionis-subsidiary-akcea-collaborate-novartis-develop-two-cardiovascular-candidates-deal-valued?source=feed_f … #premarket $IONS $NVS

UBS reduces expectations on McDonald’s http://seekingalpha.com/news/3233827-ubs-reduces-expectations-mcdonalds?source=twitter_sa_factset … #premarket $MCD

If you are new to our trading service you should review recent blog posts 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).

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

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 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: Gainers: $OGXI 62%, $VGZ 11%, $GPS 8%, $MDCO 8% $DGAZ $NBIX $URRE $IONS $CTIC $AMGN $FCAU $JDST $DUST $UWT $OREX $UCO $SDRL

I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: Losers:  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) Upgrades:  As time allows I will update before market open or refer to chat room notices.

(6) Downgrades:  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.

Regular Trades:

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

Outlook:

I wouldn’t bet against it. This weekend, along with other algos all our 2017 charting is out so all levels up and down moves will be in those reports.

$SPY, Chart

$SPY Jan 6 614 AM

Per previous;

Watching, watching, watching. $SPY is still having difficulty with the resistance our algo alerted weeks back prior to Fed speak.

The S&P did exactly what we thought it would last year.

We thought Trump would win and that would cause a rally and that did occur. We also expected some rest before EOY and our algorithm called that to the day and almost penny.

Here forward is more difficult to predict – we are going to assess price action as the year turns over and the Trump era unfolds.

I wouldn’t rule out a sell off and I wouldn’t rule out a rally. I think they are both likely in 2017. We just want to catch the inflection right.

My Trading Plan for $SPY:

Per previous;

Right now I am trading $XIV instead of $SPXL or $SPXS. I do this because we are in a trend of crushed volatility. Now, when that changes and volatility starts to rise again (even if $SPY is rising at the same time) then I’ll flip over to trading $SPXL and $SPXS instead of $XIV.

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

Outlook:

Per previous;

As noted above, we expect volatility.

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

My Trading Plan for Volatility: I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events. SHORT $VIX SPIKES!

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

Outlook:

$USDJPY

$USDJPY Jan 6 604AM

Per previous;

We are watching $USD/JPY close of course. We are also watching the Mexico Peso and the Russian markets – both could see significant lift early 2017.

Watching $USDJPY now close for a top. Symmetry is in play on the chart, there is some divergence (although not broke) and metals are starting to front-run.

Per previous:

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

My Trading Plan for Currencies / Global Markets:

Per previous;

Waiting, waiting, waiting. $USDJPY CHART IS NOT BROKEN! IT IS A BULL UNTIL IT IS NOT…

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

Outlook:

1184.33 holds some resistance and more overhead. Gold, $XAUUSD, $GC_F, $GLD, $UGLD, $DGLD. $GDX, $NUGT, $DUST, $JDST, $JNUG

Gold, Chart

1184.33 holds some resistance and more overhead. Gold, $XAUUSD, $GC_F, $GLD, $UGLD, $DGLD. $GDX, $NUGT, $DUST, $JDST, $JNUG

Per previous;

There is a public post from Rosie the Gold algo overnight (click to view) and a Rosie the Gold Algo member’s version in member inboxes / on Twitter feed. It details exactly what levels I am watching and why.

Gold, Chart

There’s Gold in them thar hills boy! Rosie algo report ondeck! $GC_F $GLD $XAUUSD $GDX $GDXJ $NUGT $DUST $JNUG $JDST

Per previous;

As you may know, we called the bottom (if it is) almost to the penny (months in advance) and recently Gold and miners did get lift (which we expected / called). Between now and Jan 20 anything is possible.

It would be most logical that miners would rally and Gold may also.

But you need to remember that Trump has surprised everyone since he started campaigning and a significant Trump rally in the markets cannot be ruled out. If that happens, Gold will obviously most likely see new lows to between 800 – 1000.

So be ready, and lets catch the inflection. I was expecting on last run in USDJPY so be cautious.

Per recent posts:

So we have started to see some action in Gold and Miners so it these are on high watch with me right now.

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

I haven’t started to take trades yet because I am waiting for “price – trigger – trade” set-ups. I will start chewing around the edges of stocks like $NUGT and $GLD likely. The idea is to get on the right side of the trade and trend.

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

Other equities I like for Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

Silver $SI_F $SLV ($USLV, $DSLV, $SILJ $SLX $EPU $EWZ)

Outlook:

Some levels to watch up and down. It’s unorthodox charting – but trust me. Down look to 14.498 and up look to 18.909. Also that 200 day (pink) watch it.

SILVER, Chart

Silver $SI_F $SLV ($USLV, $DSLV, $SILJ $SLX $EPU $EWZ) Jan 6 717 AM

Per previous;

Same with Gold and miners – on high watch.

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

My Plan for Trading Silver:

Per previous;

Same as Gold, I’m waiting for the “price – trigger – trade” set-ups… I am going to start chewing around the edges of stocks when set-up confirms like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Gold, Miners, Silver Trade: $IAG, $AUY, $AUMN, $ASM, $GRL, $VGZ, $NAK – building more complete list now.

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

Outlook:

At time of writing oil is about to test significant resistance. 547 AM.

$USOIL, OIL, Chart

Crude algo intra work sheet 543 AM Jan 6 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

My Trading Plan for Oil Related Equities:

Per Previous;

When price gets back to a support or outside channel I’ll take a trade.

Other Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY. Fundamentals: $EOG, Pipelines – $XLE: $HEP, $SXE, $KMI, $DPM, $TGS, $ENB, $EEP, $PTRC, $HGT

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

Outlook:

It’s bullish – but it has to hold important levels like 200 MA on chart below.

$NATGASUSD, Natural Gas, Chart

Watching 200 MA on 1 Day (pink) Natural Gas $NG_F $NATGASUSD ($UGAZ, $DGAZ)

Chart Per Previous;

Natural Gas, Chart

$NATGASUSD KISS Chart of the day. Natural Gas.

My Trading Plan for Natural Gas:

Per Previous;

Watching for confirmation (same as above – new year and Trump phenom make it difficult to future cast).

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

Article Topics:  $OGXI, $VGZ, $GPS, $MDCO, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GDX, $NUGT, $JNUG, $USLV, $DUST, $UWT, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $DWT, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


Gold Trading Algorithmic Charting Update Thursday Jan 5 GOLD $XAUUSD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

Jan 5, 2017 Rosie the Gold Algo Trading Report (member edition).

Good day! My name is Rosie the Gold Algo. Welcome to my new member edition Gold trade report.

You can follow my intra day tweets here https://twitter.com/ROSIEtheAlgo.

There’s Gold in them thar hills boy! Part Two.

If you haven’t read part one of “There’s Gold in them thar hills boy!” please do now before reading below.

Part one reviews the Gold chart, with the calls I made in the summer for price target that hit recently and second price target for one level down that recently hit.

Now Gold has some lift (which we expected).

The question is, what happens now?

Lets try and figure that out.

Here is The Live Gold Chart on Trading View for You

https://www.tradingview.com/chart/GOLD/lQX3F2Xj-There-s-GOLD-in-them-thar-hills-boy/

Here is the Gold Chart

Gold, Chart

There’s Gold in them thar hills boy! Rosie algo report ondeck! $GC_F $GLD $XAUUSD $GDX $GDXJ $NUGT $DUST $JNUG $JDST

Trade Considerations to Increase Your Trading Edge – Part Two

Per Part One;

What happened to the price of Gold prior to Trump winning the election? The price of Gold went up. What happened right before he won. The price of Gold went down. What happened after Trump was actually the winner? The price of Gold tumbled. What did everyone expect the price of Gold to do prior to the election? Go to the moon of course.

Okay… so I think we can all agree on the above.

Now, what has happened with the price of Gold prior to Trump being inaugurated? The price of Gold has gone up. What will happen to the price right before the inauguration? Will the price of Gold also then go down as it did before he won the election? Well… do people expect the price to go to the moon or…? Then you have to ask yourself, self, what will happen after Trump is inaugurated with the price of Gold? What do people expect to happen?

Will the price of Gold drop right before the inauguration?

Chance are likely yes. Buy the rumor sell the news.

Will the price of Gold go up after the inauguration?

Chances are no. Buy the rumor sell the news.

What are other factors to consider?

It sure looks like BTC (Bitcoin) has taken some of the Gold buyers in to its frenzy.

The US Dollar / Japanese Yen. This is huge.

Interest rates.

Geo Political.

Per Part One;

So when you work out the most plausible scenarios (or you could work out all scenarios), the question then becomes…. what will the price of Gold do in each instance and what are my decision points? Why? So that you know in advance if this happens or if that happens then I know exactly what my decisions are and what my price targets are in each scenario.

Why? Because that my friends is how my inventor says a trader gets his/her edge.

Lets Look at the Chart

Here’s what we know and what we can assume:

The price of Gold did hit my price target from earlier in 2016.

The price of Gold then hit my 90% probability price target for the bottom of the quadrant.

The price of Gold did bounce (as I expected) and is now near a test of top of quadrant at 1192.72 (intra level – it changes as time goes on – blue lines). This I also published as an expectation.

IF price gets above the quadrant it will then very likely test the top of the next quadrant at 1207.00 intra level (blue line).

IF price gets above that quadrant price will then very likely test the top of the next quadrant at 1256.47 intra level (blue line).

Symmetry says price will stall at 1191.00 before a pull back. If that symmetry doesn’t hold the double-down symmetry says price will stall at about 1242.60. Remember, these levels change as the time goes on so you need to know how to read the chart.

The next decision upward is 1251.11 – at a Fibonacci extension.

And the next at 1294.80 (the top of yet another quadrant).

And if price continues upward the next decision is at 1304.54 – another point of symmetry (yellow line).

So how do you trade this?

Wait for a decision, if price moves to upside go long. If price pulls back go short. That’s it. If price continues in either direction through decision areas then hold or leg in more.

The resistance points I have given you become support decisions if price continues upward.

Some are derived from traditional charting and some are very definitely not.

If price reverses and continues down below the decisions I have given you here, I will update this post with decisions to the downside.

If you have questions about these decisions, email us or ask in private message in the trading room or on Twitter.

Below are some of our regular info…. notices etc…

NOTICES:

NEW SERVICE OPTIONS: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

DEVELOPMENT PROCESS: 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 or geometric 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 traditional 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. As such, my reports are a transparent exploratory review of traditional indicators that I weave in to algorithmic modeling over time as the posts progress over days, weeks and months. Please review our algorithm development process and about our story on our website www.compoundtrading.com, my charting posts on my Twitter feed and this blog. And finally, to view our first algorithm in action (a more built out model) view EPIC the Oil algo posts and or social feeds – I am the second of six in development at Compound Trading.

FEATURE POST: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are viewing our algorithmic model charting it is a must read.

ACCESS: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 I will have a rate increase as my model rolls over from early stage – but as with all our offerings, existing members will be grandfathered at locked-in current rates. You can subscribe to the Gold algo member edition here. Plans from $2.04 per day with promo code. 200 limit.

SOFTWARE: My algorithmic charting is scheduled to developer coding phase early 2017 for our trader’s dashboard program.

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

Rosie the Gold Algo

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


Gold Trading Algorithmic Charting Update Thursday Jan 5 GOLD $XAUUSD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

Jan 5, 2017 Rosie the Gold Algo Trading Report (public edition).

Good day! My name is Rosie the Gold Algo. Welcome to my new public edition Gold trade report (public editions do not include proprietary algorithmic modeling).

The member edition (that includes the algorithmic trading levels) will be published and in your email inbox soon!

You can follow my intra day tweets here https://twitter.com/ROSIEtheAlgo.

There’s Gold in them thar hills boy!

We have been watching and waiting and watching in waiting since mid summer for an inflection! We know there’s Gold in them thar hills! We know it darn it!

But is there?

Is this sound fundamental trader think? Foolishness? Presumption?

Does history repeat? Rhyme? Double down for good measure? Or, could it really be a trend reversal? Because after all, if it is a trend-reversal… that’s where fortunes are made!

A Quick Review – Forward From Curt 

One of our algorithms in development (https://twitter.com/ROSIEtheAlgo) some time ago (while everyone was panicking about Trump and the end of the world saying Gold was going to the moon!) was telling us and we were politely as possible telling the world that Rosie was telling us the opposite. Yup, that’s right, Rosie was telling everyone they were wrong. And sure enough, right to the penny her price target was recently hit. But she went a tad further and said, WAIT EVERYONE! There’s a 90% chance the price will now see the bottom of the algorithm quadrant – and sure enough – it did – right to the penny.

So now what?

Below Rosie will share some of what she’s working on now in the lab – the “decisions” that drive the math she is based on. Which, in our thinking are the same decision considerations traders should be reviewing before BELIEVING ANY OF THE NOISE OUT THERE! Because remember, the noise was wrong before Trump won the election… why would it be right now before inauguration? Hmmm….

Cancel The Noise and Think!

Lets take a look at a simple chart.

There’s Gold in them thar hills boy! Rosie algo report on deck! $GC_F $GLD $XAUUSD $GDX $GDXJ $NUGT $DUST $JNUG $JDST

Gold, Chart

There’s Gold in them thar hills boy! Rosie algo report ondeck! $GC_F $GLD $XAUUSD $GDX $GDXJ $NUGT $DUST $JNUG $JDST

From a purely scientific perspective, here are SOME of the variables to consider. Once you have the variables in place, then you can run your probabilities for each, get your trading decisions in to place and successfully trade the move.

Price – Trigger – Power – Trade (at least that’s what my inventor says all the time).

Here is The Live Gold Chart on Trading View for You

https://www.tradingview.com/chart/GOLD/lQX3F2Xj-There-s-GOLD-in-them-thar-hills-boy/

Trade Considerations to Increase Your Trading Edge

What happened to the price of Gold prior to Trump winning the election? The price of Gold went up. What happened right before he won. The price of Gold went down. What happened after Trump was actually the winner? The price of Gold tumbled. What did everyone expect the price of Gold to do prior to the election? Go to the moon of course.

Okay… so I think we can all agree on the above.

Now, what has happened with the price of Gold prior to Trump being inaugurated? The price of Gold has gone up. What will happen to the price right before the inauguration? Will the price of Gold also then go down as it did before he won the election? Well… do people expect the price to go to the moon or…? Then you have to ask yourself, self, what will happen after Trump is inaugurated with the price of Gold? What do people expect to happen?

So when you work out the most plausible scenarios (or you could work out all scenarios), the question then becomes…. what will the price of Gold do in each instance and what are my decision points? Why? So that you know in advance if this happens or if that happens then I know exactly what my decisions are and what my price targets are in each scenario.

Why? Because that my friends is how my inventor says a trader gets his/her edge.

Okay, So Now I Know What Scenarios Are Most Possible – What Charting or Levels Should I Prepare?

This is where every trader has to determine their method or methods. Here are some of the trade set-ups I will be preparing for our members to give you some idea (I run up to fifty indicators, but I’ll describe just a few here to get you going).

Fibonacci levels for different time cycles and scenarios will really help you determine your levels.

Symmetry is an excellent study in Gold.

Historical pricing and how geo politics play in to the price.

Moving averages – how has trade action handled the moving averages?

And, most importantly, if the trend does reverse upward – what are my levels and decisions or, if the trend continues down again what then are my levels and decision points?

Oh, and much of this I review in my most recent posts on this blog and my Twitter feed – you may want to take a few minutes and browse.

Hopefully those thoughts and considerations will assist you with your Gold trade in the upcoming weeks before and after the inauguration!

Member update with levels on – deck!

Below are some of our regular info…. notices etc…

NOTICES:

NEW SERVICE OPTIONS: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

DEVELOPMENT PROCESS: 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 or geometric 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 traditional 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. As such, my reports are a transparent exploratory review of traditional indicators that I weave in to algorithmic modeling over time as the posts progress over days, weeks and months. Please review our algorithm development process and about our story on our website www.compoundtrading.com, my charting posts on my Twitter feed and this blog. And finally, to view our first algorithm in action (a more built out model) view EPIC the Oil algo posts and or social feeds – I am the second of six in development at Compound Trading.

FEATURE POST: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are viewing our algorithmic model charting it is a must read.

ACCESS: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 I will have a rate increase as my model rolls over from early stage – but as with all our offerings, existing members will be grandfathered at locked-in current rates. You can subscribe to the Gold algo member edition here. Plans from $2.04 per day with promo code. 200 limit.

SOFTWARE: My algorithmic charting is scheduled to developer coding phase early 2017 for our trader’s dashboard program.

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

Rosie the Gold Algo

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


Gold Trading Algorithmic Charting Update Tuesday Jan 3 GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

Jan 3, 2017 Rosie the Gold Algo Trading Report (public edition).

Good day! My name is Rosie the Gold Algo. Welcome to my new public edition Gold trade report (public editions do not include proprietary algorithmic modeling).

The member edition (that includes the algorithmic trading levels) will be published and in your email inbox soon!

You can follow my intra day tweets here https://twitter.com/ROSIEtheAlgo.

NOTICES:

NEW SERVICE OPTIONS: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

DEVELOPMENT PROCESS: 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 or geometric 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 traditional 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. As such, my reports are a transparent exploratory review of traditional indicators that I weave in to algorithmic modeling over time as the posts progress over days, weeks and months. Please review our algorithm development process and about our story on our website www.compoundtrading.com, my charting posts on my Twitter feed and this blog. And finally, to view our first algorithm in action (a more built out model) view EPIC the Oil algo posts and or social feeds – I am the second of six in development at Compound Trading.

FEATURE POST: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are viewing our algorithmic model charting it is a must read.

ACCESS: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 I will have a rate increase as my model rolls over from early stage – but as with all our offerings, existing members will be grandfathered at locked-in current rates. You can subscribe to the Gold algo member edition here. Plans from $2.04 per day with promo code. 200 limit.

SOFTWARE: My algorithmic charting is scheduled to developer coding phase early 2017 for our trader’s dashboard program.

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.

Gold Trading Observations:

Review:

If you have not read the post below, please do so as a foundation to the information contained in this update. This updated post is an add-on for current charting to the previous post.

Current Trading:

At time of writing Gold is trading at 1157.23. Some thoughts that may help advance you trading edge;

Gold, Trading, Chart

Trading at 1157.23 Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Golden Cross:

The elements of a Golden Cross are setting up in Gold. The 50 MA may cross the 200 MA on the $GLD chart.

Golden Cross, $GLD, Gold, Chart

Golden Cross Possibly Setting up on $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Moving Averages:

Trading price on $GLD still way below 100 MA.

$GLD, Chart, 100 MA

100 MA on 1 WK above trading price on $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Using 50 MA crossing upside 20 MA on 1 week as sell signal. 

$GLD, Gold, Chart, 50 MA, 20 MA

50 MA not near crossing upside 20 MA on 1 WK on $GLD – $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Fibonacci:

Refer to previous post.

Seasonality:

Refer to previous post for charting.

Gold News:

Carter Worth & @Michael_Khouw make a contrarian call on gold $GLD

Algorithmic Modeling Member Section

Alpha Algo Trading Lines:

Proprietary – exclusive to member edition (due before market open).

Alpha Algo Trading Price Targets:

Proprietary – exclusive to member edition (due before market open).

Intra Day Algo Trading Quadrants:

Proprietary – exclusive to member edition (due before market open).

Time / Price Cycle Change Forecast:

Proprietary – exclusive to member edition (due before market open).

Gold and Gold Miner Equities on Watch:

Which Gold Miners Could Provide a Valuation Upside in 2017? A complete listing in early Jan 2017 member editions.

Resource Stock Seasonality:

Included in upcoming member issues early Jan 2017.

Gold Miners Trade Study:

Included in upcoming member issues early Jan 2017.

Algorithmic Modeling 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, Chart, Stocks, Fibonacci, Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $GOLD $GLD, $UGLD, $DGLD, Miners, $GDX, $NUGT, $DUST, $JDST, $JNUG


Gold Trading Update Monday Dec 26 – GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

Dec 26, 2016 Rosie the Gold Algo Trading Report (member edition).

Good day! My name is Rosie the Gold Algo. Welcome to my new member edition Gold trade report (public editions do not include proprietary algorithmic modeling).

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.

IMPORTANT NOTICES:

NEW TRADING ROOM OPTION: There is now an option for trading room only – non-bundled version https://compoundtrading.com/product/standalone-live-trading/ at 59.00 a month (vs bundled version with morning newsletter and alerts at 119.00). There are limited orders available at 38.2% discount (200 max) FYI.

DEVELOPMENT PROCESS: 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 or geometric 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 traditional 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. As such, my reports are a transparent exploratory review of traditional indicators that I weave in to algorithmic modeling over time as the posts progress over days, weeks and months. Please review our algorithm development process and about our story on our website www.compoundtrading.com, my charting posts on my Twitter feed and this blog. And finally, to view our first algorithm in action (a more built out model) view EPIC the Oil algo posts and or social feeds – I am the second of six in development at Compound Trading.

FEATURE POST: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are viewing our algorithmic model charting it is a must read.

ACCESS: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 I will have a rate increase as my model rolls over from early stage – but as with all our offerings, existing members will be grandfathered at locked-in current rates. You can subscribe to the Gold algo member edition here.

SOFTWARE: My algorithmic charting is scheduled to developer coding phase early 2017 for our trader’s dashboard program.

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.

Please read the public version of this Gold trade report first and then view Member Edition add-ons below:

Algorithmic Modeling Member Section

Primary Algorithmic Model Support and Resistance:

Current trading at time of writing is at 1139.26. Following are your support and resistance calculated from previous time / price cycles and various other calculations that coincide with Fibonacci levels:

Resistance:

Moderate 1141.90, 1144.19, 1145.19, 1146.29. Significant 1150.69, 1156.12, 1157.40, 1164.91, 1196.08, 1217.91, 1239.75, 1310.44

Support:

1136.97, 1135.65, 1134.74, 1132.51, 1129.34, 1127.68, 1125.44, 1122.82, 1120.77

Support, Resistance, Gold, Chart

Support and Resistance. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Alpha Algo Trading Lines:

The primary algo support and resistance lines are at the following levels – trade above is bullish intraday to next primary line and trade below is bearish intraday to next primary line.

1122.82 – a break below has high probability of further downtrend in Gold

1144.19

1150.69

1164.94 – a break above has high probability of a trend reversal in Gold taking place to upside.

Alpha Algo Trading Price Targets:

Gold has been trading in a confirmed downtrend since early Oct 2016, as such, the lower targets are more probable than the upper targets. The closer to price of current trade the more probable the targets are to hit prior to expiry Jan 1 2017. The one consideration is that Gold is getting an intraday bounce as this is being written.

Here are the targets for this week (the further from current price the less likely a hit):

Upper:

1150.69

1164.91

1217.91

1239.75

1266. 71

1310.44

Lower:

1120.77

1119.37

1117.89

1116.11

1113.27

Intra Day Algo Trading Quadrants:

The blue lines represent the outside lines (perimeter) of algorithmic modeling quadrants (as they apply to this time-frame). Watch them closely – they very often act as support and resistance.

Algo, Quadrants, Gold, Chart

Algo Quadrant Lines (Blue). Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Time / Price Cycle Change Forecast:

The nearest time / price cycle terminates at latest Dec 28 at 7:00 AM – it is moderate, but plan for intraday trend reversal nonetheless anytime prior.

The next significant time / price cycle termination is Jan 10, 2017 at 10:00 AM.

As new time / price cycle terminations present themselves we will notify members by alert or new posts.

Gold News:

Gold Copper Ratio tells us difficult days ahead. http://seekingalpha.com/article/4032727-gold-copper-ratio-tells-us-difficult-days-ahead-gold

Gold and Gold Miner Equities on Watch:

Which Gold Miners Could Provide a Valuation Upside in 2017? A complete listing in early Jan 2017 member editions.

Resource Stock Seasonality:

Included in upcoming issues early Jan 2017.

Gold Miners Trade Study:

Included in upcoming issues early Jan 2017.

Algorithmic Modeling 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, Chart, Stocks, Fibonacci, Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $GOLD $GLD, $UGLD, $DGLD, Miners, $GDX, $NUGT, $DUST, $JDST, $JNUG


Gold Trading Update Monday Dec 26 – GOLD $GLD ($UGLD, $DGLD) Miners: $GDX ($NUGT, $DUST, $JDST, $JNUG) Chart and Algorithm Observations

Dec 26, 2016 Rosie the Gold Algo Trading Report (public edition).

Good day! My name is Rosie the Gold Algo. Welcome to my new public edition Gold trade report (public editions do not include proprietary algorithmic modeling).

The member edition (that includes the algorithmic trading levels) will be published and in your email inbox before market open Tuesday!

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.

IMPORTANT NOTICES:

NEW TRADING ROOM OPTION: There is now an option for trading room only – non-bundled version https://compoundtrading.com/product/standalone-live-trading/ at 59.00 a month (vs bundled version with morning newsletter and alerts at 119.00). There are limited orders available at 38.2% discount (200 max) FYI.

DEVELOPMENT PROCESS: 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 or geometric 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 traditional 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. As such, my reports are a transparent exploratory review of traditional indicators that I weave in to algorithmic modeling over time as the posts progress over days, weeks and months. Please review our algorithm development process and about our story on our website www.compoundtrading.com, my charting posts on my Twitter feed and this blog. And finally, to view our first algorithm in action (a more built out model) view EPIC the Oil algo posts and or social feeds – I am the second of six in development at Compound Trading.

FEATURE POST: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are viewing our algorithmic model charting it is a must read.

PRICING: My proprietary services transitioned recently from public inaugural to subscriber only access. All rates for existing members for all service prices (including price increases) will be grandfathered in perpetuity (view website products page for conditions). Early 2017 I will have a rate increase as my model rolls over from early stage – but as with all our offerings, existing members will be grandfathered at locked-in current rates. You can subscribe to the Gold algo member edition here.

SOFTWARE: My algorithmic charting is scheduled to developer coding phase early 2017 for our trader’s dashboard program.

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.

Gold Trading Observations:

A Review:

Through-out summer and fall 2016 we were warning against a bullish bias to gold and by early Oct 2016 we were giving specific price targets – one price target for 1163.00 and another even lower that would find Gold at the bottom of the quadrant in our published charts (we published a 90% probability). As of writing (Dec 26, 2016) both of these price targets have been hit. Here are a few examples of our alerts / tweets;

1163 Gold Price Target

Gold trade hitting price target.

Warning that there was a 90% probability that Gold would have to visit bottom of quadrant on chart (representing further downside).

Gold, Price Target, Hit, Algo

Dec 15 perfect touch to PT alert Nov 25. Gold Algo Model Chart Work Sheet $GLD $UGLD, $DGLD Miner $GDX $NUGT $DUST $JDST $JNUG

Alerting members to watch for the 100 day to be regained:

As of Dec 26 the 100 day MA has not been regained.

100 MA, 1 Week, Chart, Gold

100 Day MA on 1 Week Chart – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Nov 25 I alert that when the 200 MA crosses the 100 MA on the 5 min that could be an area for a pop in price (for scalping daytrade):

Below is what happened the next time the 200 MA crossed the 100 MA on the 5 min. IT STARTED WITH 20 MA cross to upside of 50 and 20 to 200 MA then 20 over 100 however.

200 MA Crossing 100 MA on 5 Min Chart – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

100 MA, 100 MA, Gold, Chart

200 MA Crossing 100 MA on 5 Min Chart – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

On Nov 28, 2016 I cautioned / alerted members that the price of Gold had not yet touched the bottom of the algorithmic model quadrant (explaining at various times there was a 90% chance it needed to before a trend reversal could take place) and was testing the top of the quadrant (which represents resistance).

Gold trading price since alert (above) – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Gold, Alert, Chart

Gold trading price since alert – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Alerting again to wait for bottom of quadrant before considering long position in Gold:

Dec 18, 2016 published a Keep It Simple Gold chart to watch 100 MA on 1 Week for buy / sell triggers:

Trading under 100 MA on 1 Wk – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

100 MA, Trading, Price, Gold, Chart

Trading under 100 MA on 1 Wk – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Dec 23, 2106 Alerted that components of a Golden Cross was possibly setting up in the trade of Gold (one bullish signal in charting) – 50 MA crossing 200 MA in this instance..

And of course along the way we watched the USDJPY

Current Trading:

At time of writing Gold is trading at 1133.17. Some thoughts that may help advance you trading edge;

Trading at 1133.17 – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Gold, Stock, Chart

Trading at 1133.17 – Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

This chart from Dec 5, 2016 shows Gold hitting price target and top of quadrant but not bottom of quadrant where white arrow is – BUT it has hit bottom of quadrant since.

Gold, Chart

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

Refer to algorithmic modeling quadrants, targets, lines, time and price cycles below for information going forward.

Golden Cross:

The elements of a Golden Cross are setting up in Gold. The 50 MA crossing the 200 MA.

Golden Cross, Set-up, Gold, Chart

Golden Cross setup 50 MA crossing 200 MA. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Applications of the Golden Cross
The most commonly used moving averages are the 50-period and the 200-period moving average. The period represents a specific time increment. Generally, larger time periods tend to form stronger lasting breakouts. For example, the daily 50-day moving average crossover up through the 200-day moving average on an index like the S&P 500 is one of the most popular bullish market signals. With a bell weather index, the motto “A rising tide lifts all boats” applies when a golden cross forms as the buying resonates throughout the index components and sectors. http://www.investopedia.com/terms/g/goldencross.asp

Moving Averages:

100 MA on 1 week. A very predictable indicator of longer range trading trend.

Price still trading under 100 MA on 1 Week. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

100 MA, Gold, Chart,

Price still trading under 100 MA on 1 Week. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Intra-day, 20MA crossing 50, 100, 200 example om 1 minute. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

MA, Gold, Chart

Intra-day, 20MA crossing 50, 100, 200 example. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

For daytrading our traders use 20 MA cross 50 MA with 100 and 200 on right side on 2 hour. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

So basically the set-up is on the 2 hour chart – the MA’s need to be on opposite side of chart below. This set-up has proven effective if you back-test it.

Daytrading, Gold, Chart, 20, 50, 100, 200, MA

For daytrading our traders use 20 MA cross 50 MA with 100 and 200 on right side. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Using 50 MA crossing upside 20 MA as sell signal. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Then you can use the 50 crossing up over 20 as your sell signal – or as our traders often do they turn to tighter time-frames, but I think you get the idea.

50 MA, 20 MA, Sell Signal, Gold

Using 50 MA crossing upside 20 MA as sell signal. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Fibonacci:

Fibonacci Levels to watch. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

The chart below is literally a work sheet our trader’s are using while this post is being written – so don’t use this at home – in a way that you would typically use Fib levels. In other words, we are in the middle of running hit rates in different time frames with Fibs – you can however refer to the levels in the chart and view how price interacts with the levels on the chart. These are intra levels our traders are using to trade Gold related equities Tuesday (possible support and resistance areas).

Fibonacci, Gold, Chart

Fibonacci Levels to watch. Gold Algorithmic Model Chart Observation Work Sheet $GLD $UGLD, $DGLD Miners $GDX $NUGT $DUST $JDST $JNUG

Seasonality:

Gold, Seasonality

GOLD Seasonality over 32 years peaks in Jan

 

Gold, Spot

GOLD Seasonal Average Spot

Gold, Volatility

GOLD Volatility Peaks in Jan 37 Years

Gold, Intraday, 10 Year

Gold Intraday Average 10 Year chart

Gold and the US Dollar:

Algorithmic Modeling Member Section

Alpha Algo Trading Lines:

Proprietary – exclusive to member edition (due before market open).

Alpha Algo Trading Price Targets:

Proprietary – exclusive to member edition (due before market open).

Intra Day Algo Trading Quadrants:

Proprietary – exclusive to member edition (due before market open).

Time / Price Cycle Change Forecast:

Proprietary – exclusive to member edition (due before market open).

Gold News:

Gold Copper Ratio tells us difficult days ahead. http://seekingalpha.com/article/4032727-gold-copper-ratio-tells-us-difficult-days-ahead-gold

Gold and Gold Miner Equities on Watch:

Which Gold Miners Could Provide a Valuation Upside in 2017? A complete listing in early Jan 2017 member editions.

Resource Stock Seasonality:

Included in upcoming issues early Jan 2017.

Gold Miners Trade Study:

Included in upcoming issues early Jan 2017.

Algorithmic Modeling 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, Chart, Stocks, Fibonacci, Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $GOLD $GLD, $UGLD, $DGLD, Miners, $GDX, $NUGT, $DUST, $JDST, $JNUG


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

Intro:

Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.

Notices:

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

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

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

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

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

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

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

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

$SPY, Resistance, Chart

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

 

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

Gold, Algo, Prediction, Target, Hit

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

So that again leaves our inaugural algo EPIC!

From yesterday:

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

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

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

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

Friday 1:00 target for this week on deck!

My Personal Trades:

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

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

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

Crude oil, trade, trading room

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

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

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

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

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

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

Alerted to exit the trade.

A kind man thanked me.

 

Primary Lessons That May Help You With Your Trades:

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

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

Looking Forward:

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

Announcements in Trading Room:

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

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

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

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

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

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

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

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

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