$JDST Archives - Page 9 of 10

Dec 2016

Post Market Wed Dec 14 $VCL $GLD $GDX $UWT $USOIL $WTIC $NUGT $DUST $SPY $DXY $VIX $USDJPY

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Wednesday Dec 14 –

Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Wednesday Dec 14 – $UWT, $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.

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

From my post market report Monday,

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).

And our $VIX algo been hitting it on intra calls too which is awesome to see.

Gold – $GLD $GDX $GDXJ $NUGT $DUST $JNUG $JDST $GC_F

Per yesterday:

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

So our Gold price target of 1163 from months back has hit and overnight it got down to 1151 which puts Gold very close to the 90% probability of a hit to bottom of quadrant from @RosietheAlgo with posts going way back.

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 pic.twitter.com/Uqoxwu4fCt

— Rosie the Gold Algo (@ROSIEtheAlgo) December 5, 2016

Gold algo price predict target 1133.00 in sight. Gold algo intra work sheet 522 AM Dec 15 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #algo

$USOIL $WTIC $USO $UCO $SCO $CL_F $UWT $DWT $ERX $ERY $GUSH $DRIP

So that 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.

Price on its way to highest probability targets identified for Wed 1030 AM. Crude algo intra work sheet 439 AM Dec 14 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Our Trades:

I only took a couple long positions in my swing account on $UWT and held overnight.

So the room was really quiet because of the Fed speak.

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

Primary Lessons That May Help You With Your Trades:

Nothing new here from me.

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:

09:02 am Curtis M : 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.

09:09 am Curtis M : $VCEL $BCLI $NSR $IDXG $ADHD $GOL $RCON $RUSS $DWT $AMRS $PRTO $SCO $OPHT $JNUG $LYG $MTL

09:11 am Curtis M : 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.

01:51 pm Curtis M : We are experiencing intermittent internet outages in our area – if we stop broadcasting we will re-enter after each outage.

Stock Chat-room Trading Transcript:

Miscellaneous chatter is removed.

09:11 am Curtis M : On Watch: $VCEL $BCLI $NSR $IDXG $ADHD $GOL $RCON
09:27 am Mathew Waterfall : Wouldn’t be too surprised to see a bit of a shake and bake into the fed as we are all pretty nervous overall. I’ll be sitting on my hands unless something crazy happens
09:27 am Curtis M : Watching $VCEL over 4 and dont see a lot of action this side of Fed FYI likely sit
09:31 am Curtis M : 52 week highs $NSR $RACE
09:32 am John M : Short $AKAO
09:32 am Mathew Waterfall : $CRBP pop off open. I am putting a trailer on this
09:33 am MarketMaven M : $VRX long 14.75
09:34 am Sammy T : Was going to short $VCEl glad I didn’t POP
09:35 am Mathew Waterfall : Out of $CRBP at 8.2. Didn’t get much out of that, want to lighten up before the fed. Small win
09:35 am Curtis M : $ADMP vol on scan
09:43 am Curtis M : 53 Week New highs $CDZI $DF $HOV $LIOX $MC $RICK
09:44 am MarketMaven M : Long $NWBO small
09:45 am Curtis M : Looking at oil related long near support post Fed and Natural Gas – likely sit on hands
09:46 am Mathew Waterfall : Couple $AAPL weekly 118’s @.25. Looking for some continuation afer breaking out of the bull flag pattern
09:46 am Mathew Waterfall : Fill at .23 it looks like
09:47 am Mathew Waterfall : And $CRBP taking off after I’m out lol love that
09:50 am Ronny D : $AKAM looks decent long now.
09:52 am Curtis M : Crude support test here.
09:53 am Curtis M : If crude doesn’t hold this support and hits downdraft check your algo target below. Lots of air.
09:54 am Mathew Waterfall : $ON Jan 13c’s. Bought a few at .55. If this slips I’m out, but just broke above resistance and saw soe good buying action this AM
09:56 am Mathew Waterfall : IRAQ IS RAISING OIL EXPORTS, NOT CUTTING — SOMO SHIPPING DOCUMENT: DOW JONES
09:59 am Mathew Waterfall : FANG on th move. $AAPL and $FB moving north with $NFLX lagging
10:01 am Ronny D : Short $JPM
10:02 am Curtis M : Crude bulls have it over support
10:12 am MarketMaven M : Nice buys in CL
10:14 am Mathew Waterfall : Whoever had the $VRX long be careful. It looks pretty weak here and from now until the end of the year it’s a prime tax loss sell candidate
10:16 am Mathew Waterfall : $JPM and $GC trying to go green. $BAC already there. Rate hike already baked in but these might get an extra little pop off of the hike news
10:18 am Curtis M : $BAC Im sure I got wacked on Fed day last year too – cant recall who else brought that up
10:21 am Curtis M : EPIC target looking good for price and time predict for 10:30 AM today – in target zone
10:31 am Mathew Waterfall : $AKS and $CLF ripping. If you followed me in you can take small gains here, I’m holding but will consider dumping half of my position if they double to cover costs and let the rest ride free
10:54 am Curtis M : Sorry guys was just doing some high fives in the lab there
10:55 am Curtis M : So oil is bullish
10:56 am Curtis M : As long as oil holds the support lines (yellow) the next targets are up
10:57 am Curtis M : Keeop in mind Friday targets are less predictive than Tues and Wed but they are good too like 85%
11:02 am Carol B : Unbelievable EPIC call guys
11:03 am Curtis M : Epic the Oil Algo is my buddy lfor sure. Called that target to the penny and second.
11:23 am Mathew Waterfall : $FANG getting beat on here a bit. Still holding the $AAPL calls small position high R/R if it can fill that gap to the 118’s. $TSLA also looks interesting but calls are a little high with only 2 day sleft in the week here
11:24 am Curtis M : Sorry guys back – quick call there
11:25 am Mathew Waterfall : Casinos also looking lively here. They should get some mojo back shortly IMO
11:26 am Sammy T : I like the casinos but waiting until Fed too – we should all go on early lunch soon n come back for Fed
11:26 am Curtis M : Not a bad idea lol
11:27 am Mathew Waterfall : I debated sleeping in today thinking the morning would be slow. I was right but didn’t sleep in. I think you’re on to something Sammy
11:28 am Curtis M : Ya u guys arre prob right Ill be in lab anyway so Ill be 10 feet from monitors f anything shakes
11:28 am OILKING K : Will be quiet until after Fed for sure
11:48 am Mathew Waterfall : $ON continued call sweeps into this weakness. Interesting as it broke my chart levels, retraced, and is still getting big buys all morning
11:49 am Carol B : CL looks strong
11:52 am Mathew Waterfall : $CLF $AKS strong. Also looks like I should have taken those $TSLA calls
11:53 am Curtis M : Fed might decide $TSLA direction
11:54 am Mathew Waterfall : I just hate trading that stock, so manipulated it’s not even funny
11:55 am Mathew Waterfall : Because I am scared I am putting a stop on the rest of my $LVS Dec30 60c’s. Currently trading.8, stop at my buy which was .53
11:55 am Mathew Waterfall : Already rolled the $MGM to take profit and sold against the $WYNN for those keeping track so not as worried about those positions
12:09 pm Mathew Waterfall : More $CLF sweepers coming through. Also seeing some $IWM play betting on a strong bounce post fed
12:13 pm Curtis M : Long $UWT
12:13 pm Mathew Waterfall : Not sure if or when we will get there but orders in on $AKS and $CLF calls. Selling half of both at the double mark to keep the other half of each for a longer term play
12:25 pm Mathew Waterfall : $LVS stopped raised a dime to .63. Will let this play out, but want to make sure I get some profits so likely last raise until stock hits 59.5-60
12:41 pm darni t : I’d like to follow you on that UWT long but I am going to wait for Fed
12:41 pm Curtis M : Ya I get it. Im in small. Waiting too.
01:00 pm Mathew Waterfall : $LVS approaching 2 bagger. 1.015 flasshing from .53 entry. Not a horrible time to step off the ride but I am greedy and let my winners run
01:01 pm Mathew Waterfall : What I’m watching in $AKS http://tos.mx/cqcKoF
01:14 pm Mathew Waterfall : $LVS stop raise again. If we can hit the 59.5 monday premarkey high today, I’ll likely lock and sell. If not I’ll let it keep working as I think all of the casinos will see their Friday highs here before too long
01:17 pm OILKING K : I think market going to fly high soon. Very soon.
01:22 pm Mathew Waterfall : I hope you’re right OKK. Also, if you guys are looking at set ups post them up. Or if you think we can help break down a chart or something we can work on that as well
01:23 pm Sammy T : Thanks Matt!
01:23 pm Mathew Waterfall : Shoot me a PM if you don’t want to post it here for some reason
01:23 pm Michael P : i will prepare some stuff this week for you to look at Matt
01:23 pm Mathew Waterfall : Sounds good
01:36 pm Mathew Waterfall : Out half $AKS Dec23 11’s. .41 from .23. Sold a bit earlier than planned but IV just cranked on these guys so I took to opportunity. Will hold the other half. Sticking to plan on $CLF as I have more time there with the Jan17 12c’s
01:39 pm Mathew Waterfall : Have an open order to sell half of those $CLF calls for .45 for anyone wondering. Again, not saying we get there but some of these fed decisions envoke a kneejerk reaction
01:42 pm Curtis M : Huge internet outages in our area right now – its fibre too
01:44 pm OILKING K : Ya it seemed to freeze on my end here
01:46 pm Carol B : Yellen show time soon.
01:46 pm stockman H : Looking long $SMRT right after Yellen
01:54 pm Curtis M : Yellen might just try and throw Trump under bus:)
01:58 pm Mathew Waterfall : I love the fed frontrunning. LEt’s see how excited the boys are today
01:58 pm Curtis M : lol
01:58 pm Mathew Waterfall : $VIX smash
02:04 pm Edward Johansson : why is the market going the opposite of the rake hike?
02:05 pm Edward Johansson : or is that just normal bouncing around?
02:05 pm Curtis M : Offside money
02:06 pm Curtis M : Institutions have to hold in to 2017 retail can cause some downdraft but not for long IMO
02:06 pm Mathew Waterfall : Yepp plus you always see big swings as people bet both sides
02:06 pm Curtis M : yup
02:06 pm Mathew Waterfall : 3 projected in 2017. Stupid if they do, they projected 4 last year though and we got 1 so who knows
02:08 pm Curtis M : Matt – u have chart on your screen? Were getting hammered by internet outages
02:08 pm Mathew Waterfall : $MPEL Dec 23 18.5’s. Sweepers all over this earlier with nice price action. Filled at .3 small position to start will add if it gets some juice
02:09 pm Mathew Waterfall : I can share mine hold on
02:12 pm Curtis M : Wierd – oh well it may go in and out all afternoon
02:13 pm Mathew Waterfall : Let me know if you want to switch to my front screen. I had to install the screen sharing program but it looks like Im set up
02:14 pm stockman H : I will be buying this dip – not sure when but I am buying it
02:14 pm Curtis M : not much of a dp yet
02:15 pm Mathew Waterfall : Covered those $WYNN Dec23 102c’s that I sold against my 100’s. Covered at .25 from .49. Will resell another set if $wynn gets a pop as I expect
02:32 pm Mathew Waterfall : $AAPL handling this well. $IWM taking it on the chin here pretty hard
02:35 pm Carol B : I will be on long side of this soon I think
02:41 pm Mathew Waterfall : Added $AKS Dec30 11c’s at .42 for a bounce to preFOMC levels. Will watch this and cut if it doesn’t get going
02:42 pm Curtis M : Long $UWT scaling another 1000
02:42 pm Curtis M : 300 prior – small entries yet
03:11 pm Mathew Waterfall : Out of second $AKS position. Will revisit after this flush. Think the maket keeps grinding higher from here but I don’t want to sit through the pain. Still holding half of original position after selling half this AM preFOMC
03:14 pm Curtis M : I thought $WYNN would do better
03:18 pm Mathew Waterfall : Same here. I don’t think it’s over for the casinos but if the market is selling off they will go along as well
03:19 pm Curtis M : I still dont think the market or oil going far – rubber band coming next 3 trading days at most IMO
03:19 pm Mathew Waterfall : Agreed. Everything still looks mostly constructive
03:20 pm Curtis M : This aint last year totally different
03:20 pm Mathew Waterfall : Most were looking for a reason to sell off. Should snap back and I would bet on another all time high before xmas
03:21 pm Curtis M : yup
03:21 pm Mathew Waterfall : $IWM Dec23 138.5c’s at .32 for the snap. Putting my money where my mouth is after it just got kicked
03:38 pm Mathew Waterfall : Big $TICK’s coming through here and $VIX slam.
03:51 pm Mathew Waterfall : And now huge $TICKs to the downside. I’m sleeping on all of my positions. Snapback still in play IMO
03:51 pm Curtis M : yup
03:56 pm Curtis M : Well I am in $UWT hold overnight if more downdraft over nnight I wll hit it again soon – Have a great night guys and gals!
03:56 pm Carol B : you too curt
03:56 pm Mathew Waterfall : See ya in the AM guys
03:57 pm darni t : thanks for the good work Matt and Curtis

You can follow along with public calls our algorithms post on Twitter here:

The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD $GDX $USOIL $WTIC $SPY $DXY $VIX $GLD $GDX $GDXJ $NUGT $DUST $JNUG $JDST $GC_F $USOIL $WTIC $USO $UCO $SCO $CL_F $UWT $DWT $ERX $ERY $GUSH $DRIP $SPY S&P 500

Dec 2016

Review of my Chat Room Stock Day Trades and Alerts for Tuesday Dec 6 $NVCN, $DRYS, $JDST, $JUNO, $CBMX, $UCO, $ATW, $GOLD, $USDJPY, $USOIL, $WTIC and more.

Intro:

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

I got an exit on my $JDST swing from Monday.

From Monday:

I took a late day $JDST long entry (which is tough because they’re buying the dips in $GOLD now but I see $USD/JPY not quite done – we’ll see – likely overtrading).

$JDST Overnight worked in and out

I am still holding $JUNO and $CBMX. $JUNO I’ll likely re-hit. When I trade a wash-out as a swing I’m prepared for a 1000 then 3000 then 5000 ish entry as pull backs occur (you” see this if you follow my trades). My video series on our You Tube channel of the $SKLN trade covers it in detail (really raw). Which by the way I have $SKLN on watch again here too.

$CBMX Swing – conviction trade vs. snipe gets me 10% today – holding

$JUNO A washout swing I’m in that I just about hit for 3x today but didn’t. Holding.

Primary Lessons That May Help Your Trades:

$JDST I sold a tad early (a habit I need to break and refine)… but a profit is just that (same story as $SGY on Monday). My original entries did not give me a 4 to 1 minimum risk reward. They are starting to buy the $GOLD dips instead of selling the rips so my $JDST risk-reward potential WAS NOT 4 to 1 (in a high probability way) which (as noted yesterday) breaks a primary trading rule.

$CBMX swing go a nice 10% pop today and $JUNO had some down draft but you’ll see the instutional guys hammer down.

My $UCO trade was tight – didn’t see the pop in Oil I though we’d see. And as was my $DRYS and $ATW entries.

Today was a day I should have caught the momos… ESPECIALLY $NVCN IT WAS ON MY PREMARKET WATCHLIST!!!

$NVCN Crazy momentum stock straight from the watchlist this morning! Wow.

Looking Forward:

There are a tonne of set-ups in the market right now. Still on my watch are; emerging markets, $EEM, $LPCN, $DVAX, $DNAI and my buddy’s $SRPT and others are setting up. Dips on $GOLD are being bought vs.selling the rips (so this by default plays in to $SILVER) $NATGAS hit resistance and it showed so watching $DGAZ and $UGAZ on the break-out side. $USOIL $WTI is dialed in with EPIC the Oil Algo perfect so machines have been on since Nov 30 break-out (so this makes trading oil related easier for me) and I’m not sure what $SPY will do.

Announcements in Trading Room:

08:48 am Curtis M : Gainers: $TXMD 31%, $HTBX 23%, $IL 15%, $PPHM 10%, $MEMP $VKTX $NVCN $SAGE $UGAZ $IPDN $DEPO $BOIL $ENPH $NVLS $IMMU $COUP

10:06 am Curtis M : Sartaj is moving people between rooms so don’t sweat it if you\’re moved. All looks the same anyway. Were getting ready for multiple rooms.

11:59 am Curtis M : On lunch – back at 12:45 EST. Sartaj is moving blocks of people between rooms so don’t sweat it if you\’re moved. All looks the same anyway. Were getting ready for multiple rooms.

Stock Chat-room Trading Transcript:

09:03 am Curtis M : Active momo $TXMD $IL $DRYS $SAGE $IPDN $DEPO $COUP $CLNE $DB $IMMU $CLLS $CONE $GOGL
09:22 am Curtis M : $RCON $TXMD $HTBX $IL $NVCN $VKTX $DRYS $SAGE $IMMU $NVLS $COUP $ENPH $ESEA
09:25 am Curtis M : Not excited about premarket momos fyi I may focus on oil gold natgas spy etc at open
09:39 am Curtis M : running scans
09:49 am Mathew Waterfall : Out of my JNUG calls. small win but would rather take risk off there
09:52 am Curtis M : Long $UCO 10.79 starter 1000 shares swing
09:53 am Curtis M : I’ll scales in at 3000 then 6000 if trend is on my side $UCO
09:55 am Mathew Waterfall : Hitting next week MGM 30’s Breaking upside resistance
09:55 am Curtis M : Sartaj is moving people between rooms so don’t sweat it if you’re moved. All looks the same anyway. Were getting ready for multiple rooms.
10:00 am Mathew Waterfall : Also reloading a small position in CLF on daily weakness. Jan17 12c’s
10:25 am Curtis M : Sartaj is moving people between rooms so don’t sweat it if you’re moved. All looks the same anyway. Were getting ready for multiple rooms.
10:25 am Curtis M : I had a cuple people moved to another room DM me so thats why I will repost notice as the day goes on FYI
10:40 am Curtis M : New 52wk Highs: $KLIC $MAR $PJT
10:40 am Curtis M : New 52wk Lows: $GALE
10:46 am Curtis M : JUST IN: European Union clears Microsoft’s $26B buyout of LinkedIn with conditions. $LNKD $MSFT
10:56 am Curtis M : Scaling in another 5000 $UCO off the $USOIL $WTIC intra OIL bottom – add to 1000 intra
11:00 am garreed e : .
11:00 am Curtis M : Looks like a back test
11:02 am Curtis M : Long $UCO 10.79 starter 1000 shares swing from earlier entry and looking to scale in another 5000 here soon
11:37 am Curtis M : $DRYS
11:37 am Curtis M : $DRYS 13%
11:48 am Mathew Waterfall : Pretty quiet day overall. I think between now and year end things will remain fairly calm barring some actionable event. Hopefully we can mix that with some year end window dressing and get a melt up going
11:49 am Curtis M : $DRYS HOD + 2.13%
11:51 am Curtis M : $SHP sorry
11:51 am Curtis M : $SHIP HOD
11:59 am Curtis M : Sartaj is moving people between rooms so don’t sweat it if you’re moved. All looks the same anyway. Were getting ready for multiple rooms.
12:57 pm Curtis M : back for afternon session
01:01 pm Curtis M : $JDST out 34.36 ish
01:03 pm Mathew Waterfall : MNKD Crushing it today. Picked up a few common’s to play against yearly low. A couple points of resistance between here and $1 but it should move
01:04 pm Mathew Waterfall : The yearly chart is nuts
01:08 pm Curtis M : Long $DRYS 5.026 1000 shares scale at 5k then 10k if it goes my way tight leash pray
01:12 pm Curtis M : Out 5.50 gonna re-enter $DRYS
01:13 pm Curtis M : 5.05 sorry
01:28 pm Mathew Waterfall : DNAI longer term hold IMO. I have a couple shares but looking for 2+ in the coming weeks
01:29 pm Mathew Waterfall : NFLX crushing
01:29 pm Mathew Waterfall : CLF also acting better along with XOM went red/green
01:52 pm Mathew Waterfall : MGM HOD. Calls working there nicely.
01:52 pm Mathew Waterfall : hahaha I’ve been told that I have a face for radio…
01:59 pm Curtis M : 133% $NVCN
02:14 pm Curtis M : Long $ATW 2000 at 11.339 – out flat
02:27 pm Curtis M : $NFLX
02:28 pm Mathew Waterfall : Looking for some rotation into tech and possibly let fins cool off a bit. Running hard into the rate hike might not leave much on the table for afterwards
02:30 pm Mathew Waterfall : Gotta run early again today. See ya tomorrow AM. Make some $$$
02:31 pm Curtis M : cya
02:31 pm Curtis M : thanks
02:32 pm HighTimes Now : bye Mathew
02:50 pm Curtis M : Leaderboard $NVCN +96% $RXII +53% $CRDS + 25% $FRBK 24% $IPI + 19%
03:25 pm Curtis M : Out $UCO small gain
03:25 pm Curtis M : Im done for day – se ya tomorrow – I’ll leave room open till market close at 4 EST

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $SKLN, $CBMX, $JUNO, $DRYS, $JDST, $ATW, $UCO, $GOLD, $USDJPY, $USOIL, $WTIC

Dec 2016

Review of my Chat Room Stock Day Trades and Alerts for Monday Dec 5. $JDST, $AGIO, $SGY, $JUNO, $CBMX, $GOLD, $USDJPY, $USOIL, $WTIC and more.

Intro:

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

Monday morning I sold off my $SGY swing position from last Thursday average 7.09 cost basis at 8.295 for a tidy profit (it was a larger swing entry). I also scalped $AGIO wash-out that I expected a snap back in. I took a late day $JDST long entry (which is tough because they’re buying the dips in $GOLD now but I see $USD/JPY not quite done – we’ll see – likely overtrading) and I am still holding $JUNO and $CBMX.

Primary Lessons That May Help Your Trades:

$SGY I sold a tad early in the morning run-rup… but a profit is just that. My original entries did not give me a 4 to 1 minimum risk reward. They are starting to buy the $GOLD dips instead of selling the rips so my $JDST risk-reward potential IS NOT 4 to 1 which breaks a primary trading rule for sure.

Looking Forward:

There are a tonne of set-ups in the market right now. Bios coiled hard this morning. Emerging markets, $EEM, $LPCN, $DVAX, $DNAI and my buddy’s $SRPT and others are setting up. Dips on $GOLD are being bought vs.selling the rips (so this by default plays in to $SILVER) $NATGAS is getting close to resistance. $USOIL $WTI is dialed in with EPIC the Oil Algo perfect so machines have been on since Nov 30 break-out (so this makes trading oil related easier for me) and I’m not sure what $SPY will do.

Announcements in Trading Room:

08:24 am Curtis M : Risk Disclaimer https://compoundtrading.com/disclosure-disclaimer/

09:21 am Curtis M : Gainers: HTBX +10%25. SGY +10%25. FGP +10%25. INO +9%25. ORIG +8%25. GMED +6%25. FCAU +5%25. BAK +5%25. SDRL +5%25.

Losers: CERC -39%25. GPL -9%25. HMY -6%25.

Stock Chat-room Trading Transcript:

09:04 am Curtis M : Gainers Watch-List: $CGIX $FRP $BLCM $UGAZ $HTBX $TRIL $LBIO $FGP $CHMA $VNR $BOIL $NAK $KEM $CEMP $BAK
09:07 am GSCT . : Nice move SGY this a.m.
09:11 am Sami T : $SGY should come along today – we’ll see how oil does
09:12 am Curtis M : $SGY high risk but I’m in t to win it:)
09:35 am Curtis M : Out $SGY swing 8.295
09:36 am Mathew Waterfall : Exiting some of the CLD Dec9 10c’s opened last week. .7 from .26
09:36 am Mathew Waterfall : *CLF
09:44 am Curtis M : Decent wash out $AGIO
09:46 am Curtis M : Long $AGIO 49.09 500 swing
09:47 am Curtis M : Out 49.46 looking for reentry
10:05 am AW H : Leaderboard $SGY $FRP $FGP $LGCY $OPTT $HTBX $WTI $EYEG $EMES
10:05 am Curtis M : Appreciate that Andrew
10:14 am Curtis M : I doubt anyone listened to @ROSIEtheAlgo warnings about Gold – I’m assuming of course
10:17 am Curtis M : $NDRM 29% move seems a little aggressive
10:18 am Curtis M : wow
10:19 am Mathew Waterfall : Following a sweep back into some BAC calls. Dec16 22.5’s. Fins took a breather late last week, expecting more movement and the price is cheap enough
10:20 am Curtis M : Bios are getting really fired up – a lot of coiling on the board
10:26 am Curtis M : Looking for 115.80 – 116.00 ish USD/JPY to start scaling in to miner’s long
10:27 am Curtis M : May get a pull back at 144.78 but waiting
10:37 am Curtis M : NATGAS should pull back soon
10:50 am Curtis M : $EEM setting up bullish
11:14 am Curtis M : On lunch until 12:15 EST
11:46 am Mathew Waterfall : In some Jan HOV 2.5’s. Clear breakout mode but this think needs to juice quickly for a decent chance at a gain.
11:47 am Mathew Waterfall : In @.10
12:05 pm Mathew Waterfall : In a few JNUG calls as well. Sweepers have been active there. Low risk lotto style weeklies. Won’t play this heavy until we actually get the trend reversal underway and the USD/JPY plays nice
12:37 pm Curtis M : back
12:37 pm Curtis M : lunch a little longer than expected
12:49 pm Curtis M : $EGO revving up
12:54 pm Curtis M : $NVCN $VNR $BCEI $TDW $SGY $UGAZ $AMMJ $LGCY $FGP $FRP $OPTT $HOS $CBEO $WTI $ORIG $KITE
12:55 pm Mathew Waterfall : Miners on the move. Dollar coming off, USD/JPY finally chilling
01:03 pm Curtis M : Looking at $JDST long
01:06 pm Mathew Waterfall : I like it. Those JNUG calls already working for me
01:07 pm Mathew Waterfall : May pick up some long term GDX calls as well if move confirms over next day or two
01:09 pm Mathew Waterfall : Biggest surprise to me here is the lack of action in OIL given the dollar fall
01:16 pm GSCT . : Why JDST and not DUST?
01:18 pm Curtis M : Oversold relative
01:45 pm Curtis M : Scaling in 2000 $JDST long
02:11 pm Curtis M : Scaling in another 2000 $JDST
02:53 pm Sami T : $LAZ jumpy
02:55 pm Sami T : $EEM risk off
02:57 pm Ralph H : $DVAX Setting up gap fill soon
02:59 pm Curtis M : $DVAX looks great
03:18 pm Curtis M : $NVCN surprising
03:23 pm Jack T : $NVCN peeps buying high of day
03:29 pm Mathew Waterfall : Signing off early today, meetings later. Have a good night all. See ya in the AM
03:32 pm Curtis M : Bye Mathew
03:32 pm AW H : ttyl Mat
03:33 pm Curtis M : Im at my avg buy lol $JDST 33.45
03:56 pm Curtis M : Well I’m calling it a night – thanks for coming out folks! TTYL

Article Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $JDST, $AGIO, $SGY, $JUNO, $CBMX, $GOLD, $USDJPY, $USOIL, $WTIC

Dec 2016

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

Dec 5, 2016 Rosie the Gold Algo Trading Report.

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

IMPORTANT NOTICES:

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

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

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on individual merit) such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical factors. I do not yet have AI or Geo integration – only math. I am not a high frequency or bot type algorithm – I am to be used (represented on a chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of Gold.

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

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

Gold Trading Observations:

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

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

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

Hit my PT from July call but not lower quad. Gold algo intra work sheet 558 AM Dec 5 $GOLD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG

Intra-day Fibonnaci Levels to Watch.

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

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

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

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

USDJPY is a problem – until it isn’t.

$USDJPY We did warn them.

USD/JPY intra Fibonacci levels to watch.

Alpha Algo Trading Lines:

Proprietary – exclusive to member only version.

Alpha Algo Trading Targets:

Proprietary – exclusive to member only version.

Intra Day Algo Trading Quadrants:

Proprietary – exclusive to member only version.

Time / Price Cycle Change Forecast:

Proprietary – exclusive to member only version.

Gold News:

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

— Curtis Melonopoly (@curtmelonopoly) December 4, 2016

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

— Curtis Melonopoly (@curtmelonopoly) December 4, 2016

Indicators:

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

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

Rosie the Gold Algo

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

Dec 2016

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

Dec 2, 2016 Rosie the Gold Algo Trading Report.

IMPORTANT NOTICES:

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

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

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

How My Algorithm Works and Availability:

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

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

Gold Trading Observations:

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

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

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

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

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

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

Indicators:

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

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

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

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

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

Rosie the Gold Algo

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

Nov 2016

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

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

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

How My Algorithm Works and Availability:

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

Gold Trading Observations:

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

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

Last report I presented caution:

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

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

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

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

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

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

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

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

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

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

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

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

Indicators:

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

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

Rosie the Gold Algo

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

Nov 2016

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

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

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

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

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

How My Algorithm Works and Availability:

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

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

Gold Trading Observations:

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

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

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

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

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

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

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

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

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

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

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

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

Indicators

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

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

Rosie the Gold Algo

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

Nov 2016

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

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

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

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

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

How My Algorithm Works and Availability:

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

Gold Trading Observations:

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

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

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

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

— Curtis Melonopoly (@curtmelonopoly) October 9, 2016

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

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

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

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

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

— Curtis Melonopoly (@curtmelonopoly) November 24, 2016

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Indicators

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

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

Rosie the Gold Algo

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

Nov 2016

My Stock Trading Plan for Monday November 7, 2016.

Election Trading

Premarket reports will not be detailed until after elextion.

I’m sitting tight and will trade scalps until after election. After election we will start on algorithmic trading main targets and trendlines and work with traditional indicators that I use for my trades. So for now I’m not going to get to detailed with pre-market trade plans but after election you will see very detailed trading plans for each algorithm we have in development.

Momentum Stocks

I will at times take first 30 min momo plays if and only if I think I can secure a stop that is tight and get immediate momentum on my side… I know a lot of rooms will take these plays regularly… but they aren’t normally my style because I want clear risk reward on my side and a predictable exit on my side. Compound trading works well if disciplined (and it mitigates unnecessary risk). Nonetheless, I watch morning momo plays not only for the first 30 mins but also, and more importantly, they are often the stocks I trade later in the day when they snap back after a downdraft or they continue to trend (I am looking for technical indicators such as a trending moving average, increased volume, continued trend, and more). 1 snap back or continued trend per day at 1% (or .20 cents on a 20.00 stock) over 26 months is 10k to 1.14 MM or it can be done in 6 months with 4 of these trades a day…. but it has to be low risk so you can execute stops or manual exits with-out stress and undo risk.

So just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter if I have time). These I continue to watch through the day for indicators that allow a trade.

Markets Today – Volatility $VIX ($XIV, $UVXY, $TVIX, $VXX etc)

Well…. Hillary isn’t guilty they say… so everyone is happy… so we have a $VIX GAP DOWN of 12.5% at time of writing… which in my thinking is awesome… A $VIX in the 19’s is closer to the 13’s or 14’s I’d like to get an entry at and is much better than reaching for 22’s and 23’s… had I only held $XIV over weekend…. but I wasn’t prepared to take the risk… I want 1% a day for 10k to 1MM in 2 years… that’s it… simple… focus.

So the snap back I was all about last week is obviously here…. but I’d be careful with holds Monday and Tuesday night… you never know… things a fucky to say the least.

I’m looking for entries on either side of the range for scalps.. for me that’s it for now with $VIX.

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

From last Thursday’s trading plan…

The US Dollar was close to a Fib at 97.07 earlier so this is an interesting watch for possible long in $UUP (long) and watching $UDN close (short a basket of currencies including British Pound).

Well… it got a little better downdraft than 97.07 and snap – back happened – overnight as I write it has snapped back from 96.89 – 97.70… I trade I should not have missed – I had it set-up.

$TZA – 3x Small Cap Bear. Watch $DXY US Dollar Index – when it gets flight so does the small cap bear $TZA typically.

I will be watching other currency relationships also for Fib and Pivots and will post as opportunities / time arise.

$SPY ($ES_F, $SPX etc)

I don’t have much to say other than… there’s the snap back and remember to watch the pivots… same here… buy the blood in the streets and buy the over extended pivots and Fib levels (for those that don’t understand pivots and Fib levels – we will be getting in to those indicators after election in detail in the room).

FX: $USOIL $WTI ($CL_F, $USO, $DWTI, $UWTI #OOTT #Algo)

There was a recent time / price cycle change. @EPICtheAlgo is expected to have updates on his Twitter prior to open. Generally speaking it was in a downdraft near some support but at significant risk… but likely a tad over-sold.. and I see at time of writing it is up in over-night trading. I’d be very cautious though – but that’s just an opinion. We’ll see what EPIC’s calculations look like.

Gold / Gold Miners – $DUST $JDST (Bear) / $NUGT $JNUG $GDX $GDXJ (Bull) / #Gold $GLD

Gold, Miners, Silver I was looking for on floor down over last month per my posts and this now may do it. We will watch to election and then start putting out our algorithmic charting and traditional charting and trade it.

Silver – $SLV, $USLV, $DSLV

As above.

Natural Gas – $UGAZ, $DGAZ

I continue to watch per previous.

So it’s really all about our current rally, staying nimble through election and then on to charting and trading thereafter with detailed set-ups.

Good luck!

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 super-nova type plays… but are very useful for intra day scalping (start with trending stocks and then look at indicators intra for simple set-ups).

http://finviz.com/, https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

Curtis

Oct 2016

Pre-Market Newsletter ($SPY, $VIX, Oil, $DXY, $JNUG, Gold, Silver, $UGAZ…more)

Trading Plan $ATOS, $AUY, $BRCO, $CETX, $CL_F, $CNY, $DUST, $EWW, $FXY, $GDX, $GDXJ, $HMNY, $INTX, $JDST, $JNUG, $NTP, $NUGT, $NVCN, $SMK, $TWTR, $TZA, $USO, $USOIL, $UUP, $VXX, Algorithm, Chat Room, Crude, Daytrading, DWTI, DXY, Gold, Oil, SPY, Stockmarket, Stocks, Trading Plan, TVIX, US Dollar Index, UVXY, UWTI, Wall Street, XIV Curt Melonopoly

My Stock Trading Plan for November 1, 2016.

Good morning Wall Street traders! Trade them well!

On Watch: Momentum Follow-Through Stocks:

Looking for potential follow-through on $BRCO, $INTX, $HMNY, $NTP, $TWTR, $CETX, $NVCN, $ATOS, $AUY

I won’t explain in detail what I’m looking for in this forum (I’ll do that in that trade room for each that are considered as / if they are considered).

Monday’s momo:

$BRCO + 22%

$INTX +25%

$HMNY +7.14%

$NTP + 7.86%

$TWTR +1.64%

$CETX +5.26%

$NVCN +29.96%

$ATOS +21.05%

$AUY +4.09%

On Watch: Morning Momentum stocks TBD.

$SPY Set-up / Volatility $XIV $TVIX $UVXY $VXX

I think there is a set-up with $SPY… wait for volatility and play it – beyond that I’m not trading $SPY or related instruments because I believe the Fed is in there and has it pinned – period. Not enough width IMO.

Trading $SPY Volatility ($XIV, $TVIX, $UVXY, $VXX Etc)

$VIX – Volatility ($XIV, $TVIX, $UVXY, $VXX, etc)

My problem with $VIX is that I can’t take a trade this high in $UVXY etc. because I would want $VIX closer to 13 (but it may get away on me) and I can’t take a trade in $XIV etc because I don’t expect volatility to settle down before the election. So I’m watching very close between now and the election. I believe there will be daily opportunity here starting Wednesday at latest – there was lots of “insurance” buys Monday… so Tuesday may even open an opportunity.

$VIX 1049 PM Oct 31

$DXY US Dollar Index ($UUP) – $FXY Japanese Yen Trust, $CNY, $TZA, $SMK / $EWW

There is nothing broken in the US Dollar Index chart IMO. The continued targets I’ve previously posted stand unless conditions change.

$DXY US Dollar Index 1114 PM Nov 1

$DXY US Dollar Index upside res 98.61, 98.78 (short term PT), 98.91, 99.17, 99.28, 99.64, 99.80

— Curtis Melonopoly (@curtmelonopoly) October 21, 2016

$FXY Japanese Yen Trust – Gold / Gold Miners – $DUST $JDST (Bear) / $NUGT $JNUG $GDX $GDXJ (Bull) / #Gold $GLD

If you’re thinking of taking a position in Gold Miner’s this is good to follow. Last night it started to turn around and miner’s ran Monday (so no surprise and should have been an easy trade – distracted lol) so watch it if it continues to rise 9/10 times miner’s will follow… I even watch it with Gold plays and even before I take a small cap Gold company or miner position.

$FXY Japanese Yen Trust Oct 31 1121 PM

$TZA – 3x Small Cap Bear

Watch $DXY US Dollar Index – when it gets flight so does the small cap bear $TZA typically – it can be a great daytrade.

$TZA, Small Cap Bear 3x

$SMK / $EWW (Mexico Capped ETF)

If you think Trump is going to win you want to short $EWW or play $SMK (however thinly traded).

Crude Oil: FX $USOIL $WTI | FXCM $USO $UWTI $DWTI $CL_F #OOTT #Algo

Crude algo intra work sheet 1042 PM ET Oct 31, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

So crude had a significant downdraft Monday (OPEC / non OPEC couldn’t get it together I guess)… and ended up trading down to a diagonal trend-line (blue) from a previous time / price cycle and very near a horizontal price support (purple) and it appears that it will be heading for the nearest target EPIC the Oil Algo called. And to make matters worse (if you review a simple chart) the neckline support with oil has been breached (not that I give that much consideration).

I was going to take a long position in $UWTI at end of day but didn’t and will strongly consider one in the morning.

Gold / Gold Miners – $DUST $JDST (Bear) / $NUGT $JNUG $GDX $GDXJ (Bull) / #Gold $GLD

Looking for entry $GLD at 114.00 / 115.00 area – but I don’t think I will get that before the election.

Gold at 1266.65 is still one level up from my target closer to 1177.00.

On Friday I wrote that I expected Gold Miner’s to run Monday and that occurred – I will be watching them close. There again wanted a pull-back I don’t think I’m going to get.

Going in to election I am very bullish most commodities. I am currently running charts on miner companies too.

$JNUG +7.42% Monday

$JUNG October 31 – Junior Gold Miner’s Bull 3x

Silver – $SLV, $USLV, $DSLV

My position with Silver ($SLV) is similar as that with Gold ($GLD) in that I am waiting for one more downdraft – here again I may not get that.

$SLV Silver

Natural Gas – $UGAZ $DGAZ

Here also, with natural gas I am looking for one level lower for an entry. It’s at 2.99 overnight and an ideal entry would be 2.86 (or at least a review there).

$UGAZ was off 9.42% on Monday so I will watch close Tuesday.

$UGAZ Oct 31 -9.42%

The Finviz stock screener is available here: http://finviz.com/.

Look forward to seeing you in the chat room. Visit www.compoundtrading.com and click on the link on the main page to enter the chat room.

Curtis

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Post Market Wed Dec 14 $VCL $GLD $GDX $UWT $USOIL $WTIC $NUGT $DUST $SPY $DXY $VIX $USDJPY

Post Market Wed Dec 14 $VCL $GLD $GDX $UWT $USOIL $WTIC $NUGT $DUST $SPY $DXY $VIX $USDJPY

Post Market Tues Dec 6 $NVCN, $DRYS, $JDST, $JUNO, $CBMX, $UCO, $SKLN, $GOLD, $USOIL, $WTIC and more.

Post Market Mon Dec 5 $JDST, $AGIO, $SGY, $JUNO, $CBMX, $GOLD, $USDJPY, $USOIL, $WTIC and more.

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

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

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

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

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

Pre-Market Newsletter Nov 7, 2016 ($USOIL Oil, $DXY US Dollar, $VIX Volatility, $GLD Gold and more.)

Pre-Market Newsletter ($SPY, $VIX, Oil, $DXY, $JNUG, Gold, Silver, $UGAZ…more)

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Tag Archives: $JDST