Tag: $PLUG
Swing Trading Strategies, Charts, Alerts w/ Video | Premium $PXD $TLRY $TSLA $EEM $AGN $AMD $INTC $XOP $MGI $BOX $FB $PLUG $BTC $LYFT $IOTS $SQ $STNE $TEUM $AU …
Swing Trading Set-Ups, Strategies, Alerts, Charts, News. June 24, 2019.
Below are Swing Trade Set-Ups Currently On Watch (in addition to the others in recent reporting) $PXD, $TLRY, $TSLA, $EEM, $AGN, $AMD, $INTC, $XOP, $MGI, $BOX, $FB, $PLUG, $BTC, $LYFT. $IOTS, $SQ, $STNE, $TEUM, $AU, $OIH.
Live Trading Room Swing Trade Video Review From June 20, 2019 2:22 PM.
All the swing trading alerts, strategies, charts and various set-ups are reviewed in detail on the video below from the live trading room.
Crude Oil (USOIL WTI)
Near resistance (as of time of video) 57.66 uptrending trend-line above, updated signals and charting in the most recent oil report distributed to members.
PIONEER NATURAL RESOURCES (PXD)
PIONEER NATURAL RESOURCES (PXD) through first Fib resistance target closed Friday 155.21 up from 148.50 swing trade alert with 161.00 area first Fibonacci resistance over-head.
From Swing Trade Alert 8:22 AM – 20 Jun 2019 (screen capture of alert below);
PIONEER NAT RES (PXD) Long PXD 148.50 for 160.98 price target # 1. See model. #swingtrading #tradealert https://www.tradingview.com/chart/PXD/pwpvHlyt-PIONEER-NAT-RES-PXD-Long-PXD-148-50-for-160-98-price-target/ …
Swing Trade Alert Screen Capture – PIONEER NAT RES (PXD) Long PXD 148.50 for 160.98 price target # 1. See model.
TILRAY (TLRY)
TILRAY (TLRY) Nice swing trade from 46.10 for 49.03 PT 1 and thru other resistance, trading 50.45 $TLRY #swingtrade #alert
Add in to each resistance and add above on trajectory or add on pull-backs.
It doesn’t get much easier than this – trade by numbers (lines).
From Swing Trade Alert to Trim in to Resistance 10:12 AM – 20 Jun 2019;
TILRAY (TLRY) in to key resistance, trim in to it add above to next #swingtrading #alerts $TLRY https://www.tradingview.com/chart/TLRY/cPAkfJnL-TILRAY-TLRY-in-to-key-resistance-trim-in-to-it-add-above-to-n/ …
From Swing Trade Alert Original Entry 8:04 AM – 20 Jun 2019;
Long $TLRY 46.10 for 49.03 PT # 1 details on report to follow, see previous charting.
TESLA (TSLA)
TESLA (TSLA) short, trade found support and bounced, stop at entry, resistance test above, could go either way. $TSLA
This trade started off well and as a daytrade it was excellent. On the swing it is still in play but trade did bounce at support below so be sure to exit before any loss as it is on the right side still. The trade is so close to the lower end of its trading range there’s no wisdom in holding if it turns against the original entry 225.05.
From Swing Trade Alert Feed 8:00 AM – 20 Jun 2019
Short $TSLA 225.05 for 203.42 1st PT, details in report upcoming. #swingtrading
EMERGING MARKETS ETF (EEM)
EMERGING MARKETS ETF (EEM) Long term swing trade, add at bottom of channel long trim at top $EEM #swingtrade
MACD, Stochastic RSI, and Squeeze Momentum on daily time frame are all trending up.
From Swing Trade Alert Feed 8:07 AM – 20 Jun 2019 Long $EEM 43.06 with 45.50 Price target # 1, details in upcoming report
ALLERGAN (AGN)
ALLERGAN (AGN) Trading 130.75 up from 116.00 original alert, see video report from trading room for the trading strategy going forward on this one and / or follow support and resistance points on chart. $AGN #swingtrade
ALLERGAN (AGN) swing from 116.00 doing well trading 130.81, trim in to 136 area resistance add above $AGN #swingtrade #alert
From June 18 Report;
ALLERGAN (AGN) from yesterday Swing Trade Report up 4.24% today closing 120.64 trim in to 128.00 add above $AGN #swingtrade #alert
Ironwood and Allergan Report Positive Topline Data from Phase IIIb Trial of LINZESS® #swingtrading $AGN https://finance.yahoo.com/news/ironwood-allergan-report-positive-topline-200500616.html?soc_src=social-sh&soc_trk=tw https://twitter.com/swingtrading_ct/status/1141170424769896452
From June 17, 2019 Report:
ALLERGAN (AGN) After significant sell-off this looks ready for a bounce near key over sold support now $AGN #swingtrade
The area of support just below trade (see white arrow) looks to be a key area that is likely to find support and bounce. If it does bounce then I see three areas of key snap back for bullish trade. A general trajectory of trade possible in a bullish scenario is included below with 3 white arrows. We will see how trade near term is, but I like it for a bounce to at least the first price target (first white uptrending arrow).
7 Stocks Ripe for M&A as Trade War Pushes Market Off Record Highs https://www.investopedia.com/7-stocks-ripe-for-m-and-a-as-trade-war-pushes-market-off-record-highs-4689910?utm_source=twitter&utm_medium=social&utm_campaign=shareurlbuttons
ADVANCED MICRO DEVICES (AMD)
ADVANCED MICRO (AMD) has hit every upside price target (albeit some late) load at bottom of channel for 40.00 PT in trajectory #swingtrade $AMD – Of all the plays on radar between here and election, this is in top 10% imo. Load channel support. https://www.tradingview.com/chart/AMD/ngLZ4D1C-ADVANCED-MICRO-AMD-has-hit-every-upside-price-target-albeit-s/ …
Current trade pressure down in to time cycle peak, however, I expect it to turn very bullish in to October, 2019.
INTEL CORP (INTC)
June 24 – See Video for swing trading strategy.
Per June 18 Report;
INTEL CORP (INTC) from June 14 alert up 2.69% trading 47.37 today with MACD and SQZMOM trend up, watch 200 MA above #swingtrade $INTC
Nvidia and Intel’s Mobileye Both Continue Racking Up Autonomous Driving Deals #swingtrading $INTC
S&P OIL and Gas ETF (XOP)
June 24 – S&P OIL and Gas ETF (XOP) Swing trade doing well from 25.39 alert hit 27.09 trading 26.71. Add at each pull back and run the trend until MACD on 4 hour turns down. #swingtrade #tradealert
Per June 18 Report;
S&P OIL and Gas ETF (XOP). From yesterday’s alert bounced 2.69% today, MACD confirming, model to follow for trade strategy #swingtrading $XOP
ETFs & Stocks From Top-Ranked Sector to Buy #swingtrading $XOP
S&P OIL and Gas MACD cross up with double bottom, 20% move possible here. On watch for bounce. #swingtrading $XOP
MONEYGRAM INTERNATIONAL (MGI)
June 24 – See Video for swing trading strategy.
Per previous;
MONEYGRAM INTERNATIONAL (MGI) Up 167% today, sure looks like a bottom pattern, 200 MA on weekly minimum price target in continuation scenario, on high watch for Wed premarket $MGI #swingtrade #daytrade #alert
MoneyGram Soars on $50M Investment From Blockchain Startup Ripple #swingtrading $XRP $MGI https://www.thestreet.com/investing/cryptocurrency/moneygram-soars-on-ripple-investment-14994298
BOX INC (BOX)
Per alert below this is on watch, review video for trading strategy.
BOX INC (BOX) Is revving up again for a big move, looking for a possible move to 23.00, fast $BOX #Swingtrading #tradealerts
FACEBOOK (FB)
June 24, 2019 – Review video for trading strategy in detail.
PLUG POWER (PLUG)
June 24, 2019 – Review video for trading strategy in detail.
BITCOIN (BTC)
June 24, 2019 – Review video for trading strategy in detail.
ADESTO TECHNOLOGIES (IOTS)
June 24, 2019 – Review video for trading strategy in detail.
SQUARE (SQ)
June 24, 2019 – Review video for trading strategy in detail.
STONECO (STNE)
June 24, 2019 – Review video for trading strategy in detail.
PATEUM (TEUM)
June 24, 2019 – Review video for trading strategy in detail.
ANGLO GOLD (AU)
June 24, 2019 – Review video for trading strategy in detail.
OIL SERVICE (OIH)
June 24, 2019 – Review video for trading strategy in detail.
LYFT INC (LYFT)
June 24, 2019 – Review video for trading strategy in detail.
Per une 18 report;
LYFT INC (LYFT) bullish chart trading 64.40 targets 75.44 Jul 5 with 68.82 resistance (trading box) #swingtrading $LYFT
Disney resorts get a Lyft with rideshare partnership #swingtrading $LYFT $DIS https://www.bizjournals.com/losangeles/news/2019/06/18/disney-resorts-get-a-lyft-with-rideshare.html
Thanks
Curt
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Article Topics; Swing Trading, Set Ups, Strategies, Alert, Signals, $PXD, $TLRY, $TSLA, $EEM, $AGN, $AMD, $INTC, $XOP, $MGI, $BOX, $FB, $PLUG, $BTC, $LYFT. $IOTS, $SQ, $STNE, $AU. $OIH, $WTI, $USOIL #Oil
Swing Trading Set – Ups | Premium | TEUM, PLUG, SQ, FB, GOOGL
Swing Trade Set-Ups to Watch.
A Group of Swing Trade Set-ups for your Trading Strategy this Week.
I have no idea if this next time cycle is going to be bullish or bearish, so lets consider either and trade them up or down until we know.
Trade # 1
ALPHABET (GOOGL) trading 1068.37, over 1167.00 sees 1250.00, under 1040 sees 945.00 $GOOGL #swingtrading
I have been saying for some time that Google, Facebook and Twitter would come under pressure, and here it is. I always traded support long on Google and Facebook until about six months ago, now you want to focus on resistance to short side imo.
Either way you trade it I’ve marked your most important decisions.If it trades any higher than 1160.00 I think you need a really good reason to stay long, or at least have solid tight stops in place.
Watching for a resistance trade to short.
Trade # 2
FACEBOOK (FB) Trading 173.35, over 174 sees 189.00, under 161.00 sees 146.00 $FB #swingtrade
Facebook seems to be spinning a better catalyst story than Google for now, so it has more short term reason to rise in price. I still don’t like it longer term so I am looking for a resistance area to short. The chart below is a guide.
Trade # 3
TWITTER (TWTR) trading 37.93, over 45.50 sees 52.00, under 33.00 sees 25.00 #swingtrading $TWTR
Same with Twitter, I don’t think it is going to do well over the next 5 or 6 years, or better said, I think the down side risks are significant, so I’m looking for resistance to short.
Trade # 4
Square (SQ)
SQUARE is on the move again, one of the top watches on Monday. I am extremely bullish on square to possible 90’s, trade the green arrows up. $SQ #swingtrade #tradealerts https://www.tradingview.com/chart/SQ/dMaElx3w-SQUARE-SQ-I-am-extremely-bullish-on-square-to-possible-90-s-t/
Why Square Stock Is Worth at Least $80 After Raising Guidance https://finance.yahoo.com/news/why-square-stock-worth-least-120815807.html?soc_src=social-sh&soc_trk=tw #swingtrading $SQ
Trade # 5
PLUG POWER (PLUG) Price target 3.48 early October 2019 if price gets bullish between now and then. On watch. #swingtrade
This is a symmetry trade, if I can lock in a turn up in momentum (it likely pulls back first) then I will trade it to the extension to upside as noted on chart.
Trade # 6
PARTEUM CORP (TEUM) Risk reward in this channel extremely high for at least a double, tight stops n go $TEUM #swingtrade
The risk reward in this trade set up is hard to ignore, TEUM is a top watch Monday morning. Use caution, stops and simple discipline in sizing and the risk reward set up here is unusually high for a trade higher.
Thanks
Curt
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Article Topics; SQ, TEUM, PLUG, FB, GOOGL, TWTR, Swing Trading, Set Ups, Strategies
Post-Market Tues Apr 11 $PLUG, $ETRM, $DWT, $XIV, $USOIL, $WTIC, $AMZN, $GLD, $GDX
Compound Trading Tuesday April 11, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $PLUG, $ETRM, $DWT, $XIV, $USOIL, $WTIC, $AMZN, $GLD, $GDX – $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …
Intro:
Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).
Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).
In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .
Notices:
Most recent lead trader blogpost: When You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.
https://twitter.com/CompoundTrading/status/848681468125745153
Trade risk management psychology and mechanics is a discipline itself. I am convinced a small study library could be filled on the topic.
— Melonopoly (@curtmelonopoly) April 1, 2017
If you missed it, here is the Previous Day Stock Trading Results:
https://twitter.com/CompoundTrading/status/851716882709319680
Today’s Premarket Trading Plan – Watchlist can be found here:
https://twitter.com/CompoundTrading/status/851778312422785024
Most recent Simple Swing Trade Charting
Most recent Swing Trading Newsletter:
https://twitter.com/CompoundTrading/status/851408768357335041
Review of Markets, Chat Room, Algorithm Charting, Trades and Alerts:
Nice to get positive feedback:) Keeps one motivated. Click for recent Compound Trading Testimonials.
Learning so much from this group of helpful, humble traders. https://t.co/Zb6su53JUH
— Leanne (@CampingHiking1) April 12, 2017
Premarket watch-list for me was all about:
Protected: PreMarket Trading Plan Tues Apr 11 $SALE, $TNXP, $STRM: $SPXS – $SPY, $DUST – $GLD, $GDX, $DWT –…
$TSLA Tesla up premarket .2% after strong day yesterday. #bull pic.twitter.com/l7oLW2Jfqd
— Melonopoly (@curtmelonopoly) April 11, 2017
In play today in chat room and on markets:
$PLUG, $ETRM, $DWT, $XIV, $USOIL, $WTIC, $GLD, $GDX
I closed my $PLUG overnight swing that worked well, took a small papervut on $ETRM, had a mid afternoon $XIV trade go well and entered $DWT long 1/5 sizing based on @epicthealgo signals. Over noon hour we reviewed a number of charts such as Gold, Miner’s, Oil and various equities.
$PLUG decent 5000 add on 5000 long entry from yesterday and scalped and out at open.
— Melonopoly (@curtmelonopoly) April 11, 2017
Momentum plays on the day –
$PLUG DIdn’t get intra-day top, but a scalp off overnight hold nonetheless. $PLUG trade video below.
$PLUG DIdn't get intra-day top, but a scalp off overnight hold nonetheless https://t.co/ObnJSlCuiA
— Melonopoly (@curtmelonopoly) April 11, 2017
Got my daily papercut. … $ETRM the b@stard lol.
Got my daily papercut. … $ETRM the b@stard lol.
— Melonopoly (@curtmelonopoly) April 11, 2017
Long $XIV 64.495 for a tester 1/4 size
Long $XIV 64.495 for a tester 1/4 size
— Melonopoly (@curtmelonopoly) April 11, 2017
$XIV out https://t.co/ScY4xuDCZE
— Melonopoly (@curtmelonopoly) April 11, 2017
Trading Lessons, How-to and Educational:
#Intraday and #SwingTrading Chart Review: $PLUG $XIV $USOIL $DWT $XRT $JUNO $BOFI $URRE $GREK #GOLD $GLD $GDX
Stocks, ETN’s, ETF’s I am holding:
I am holding (in order of sizing – all moderately small size to micro sizing) – $DUST, $DWT, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.
Note-able Momentum Stocks Today (via FinViz):
Unavailable because this report is process late.
Market Outlook:
Why #Fed's plan to shrink the balance sheet could trigger a global bond crash. https://t.co/mHPRM1z9Mo pic.twitter.com/jIIDvheq8r
— Holger Zschaepitz (@Schuldensuehner) April 10, 2017
Fed. Unwinding 4.5 YUGE Ts #trillion What a tribe. https://t.co/nvyGQ40kKb
— Melonopoly (@curtmelonopoly) April 6, 2017
We have been warning folks (as a result of algorithm anomalies picked up) for sometime about significant resistance not far above in Oil and SPY so it will be interesting to see if we get through it. Here’s just some of the posts. The oil resistance cluster is much larger than the one identified on $SPY.
We notified members in most recent trading range over last week that our algorithm identified a divergence and to expect an interimn top.
— Freedom $SPY Algo (@FREEDOMtheAlgo) March 21, 2017
To be clear, our algorithm @FREEDOMtheAlgo alerted a $SPY anomaly recently. Which has us cautious until recent high taken out and confirmed.
— Melonopoly (@curtmelonopoly) April 3, 2017
I wouldn't get too excited long $SPY $ES_F $USOIL $WTI etc. until most recent highs are taken out and confirmed.
— Melonopoly (@curtmelonopoly) March 30, 2017
7 of… A break to upside of $SPY $WTI algo resistance would signal what can only be described as "unnatural" I suppose…
— Melonopoly (@curtmelonopoly) March 19, 2017
Algorithmic Chart Model Trading / News:
Target hit exact time and price called Sunday – hit Tuesday 430 PM dead center! Apr 11 FX $USOIL $WTIC $CL_F $USO $UCO $SCO $UWT $DWT #OOTT
https://twitter.com/EPICtheAlgo/status/852365451245965312
I have come to respect algorithmic chart modeling like a deep sea fishing vessel respects a weather forecast. #trading #charts #signals
I have come to respect algorithmic chart modeling like a deep sea fishing vessel respects a weather forecast. #trading #charts #signals
— Melonopoly (@curtmelonopoly) April 8, 2017
The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).
Swing Trading Notes / News:
$AMZN Amazon swing trade going well. In 822.00 area trading 896.00.
The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
NA
Gold $GLD $XAUUSD / Gold Miner’s $GDX:
{40 year} Gold Seasonality Chart. #Gold $GLD $SLV $GDX $GDXJ $NUGT $DUST #Silver https://t.co/bJnAoWCHPS
— Melonopoly (@curtmelonopoly) April 2, 2017
Silver $SLV:
NA
Crude Oil $USOIL $WTI:
#Oil Watch: Brent (chart) and WTI have nearly recovered to the post #OPEC deal price range of Dec-Feb — #OOTT #shale
#Oil Watch: Brent (chart) and WTI have nearly recovered to the post #OPEC deal price range of Dec-Feb — #OOTT #shale pic.twitter.com/V7HjtUbq0r
— Javier Blas (@JavierBlas) April 10, 2017
Volatility $VIX:
NA
$SPY S&P 500:
See warnings above.
$NG_F Natural Gas:
NA
Live Trading Chat Room Video Raw Footage and Transcript:
Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day)
Compound Trading Stock Chat-room Transcript:
Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades).
Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix.
Curt M: Protected: PreMarket Trading Plan Tues Apr 11 $SALE, $TNXP, $STRM: $SPXS – $SPY, $DUST – $GLD, $GDX, $DWT – $USOIL, $WTICLINK: https://compoundtrading.com/premarket-trading-plan-tues-apr-11-sale-tnxp-strm-spxs-spy-dust-gld-gdx-dwt-usoil-wtic/PASSWORD: PREMARK041117Trading room link – come visit us! https://compoundtrading.clickmeeting.com/livetrading
Curt M: $NADL under debt restructring – no holding
Linda: lol no bag holding?
Curt M: On mic for open in 1 min>>>>>>>>>>>>>>
Curt M: $NASL, $TNXP for open
Curt M: Shippers on watch baltic is up 2.5%
Sartaj: Recording
Hedgehog Trader: hi all
Hedgehog Trader: yow NADL
Curt M: hey
Flash G: $TSLA a star
Curt M: Long 2.61 5000 shares add to yesterday 5000 shares
Curt M: $PLUG
Hedgehog Trader: fellow fuel cell stock which I mentioned $FCEL is smoking
lenny: Watching $PYDS
Flash G: Tillerson landed
Sammy T: $XENO tanking
Curt M: $GDXJ flagging off its pivot – test time
Curt M: Closed 10000 2.582 for a win from yesterday and today’s entry
Curt M: 5.3 cents win on 10000 shares
Sammy T: $GPRO b/o
Sartaj: Off mic, Curt, or still some left for openings?
Curt M: Off for now yes thanks
MarketMaven: $SPX 50 ema test around the corner
Hedgehog Trader: Curt
Hedgehog Trader: $VAPE watch
Hedgehog Trader: 50dma getting closer
Hedgehog Trader: to 200dma
MarketMaven: Gold has power
lenny: $HEB CEO 200000 insider buy
Curt M: Shoulda gave $PLUG some more room
Optionsavvy: how do I turn volume off ?
Curt M: Good question I’ll ask Sartaj
lenny: what volume? the ding?
Optionsavvy: no all volume. I need to listen to a conference call and want to mute this screen while I am on call
lenny: oh
Sartaj: You might have to leave the conference
Sartaj: This one, I mean
lenny: lol
Sartaj: Unless you’re on Google chrome
Sartaj: then you can mute individual tabs
Optionsavvy: yes I am
Sartaj: You ought to be able to find the volume settings for individual tabs in your Volume button in the system tray, or try right clicking on the ClickMeeting window right at the top, and see if any volume settings come up
Sartaj: There’s no obvious way for users to mute the presenter, unfortunately
Curt M: Oil respecting resistance so far – could be a good short lining up
Yetty: sweeeet ccall on $PLUG I nailed it off your buy yesteday just sold thanks
Optionsavvy: ok thanks anyway Sartaj
Optionsavvy: I’ll be back in a bit
Curt M: peace
Sartaj: No problem. Let me know over Twitter DM if there’s no space here
Sartaj: and we can make some room
MarketMaven: $IWM green
Flash G: Breasth is positive too
Flash G: Breadth
Tradergirl: hey all, no volume/mute or is it just me?
bob: Curt isn’t on mic right now
Tradergirl: ok, thank you bob
bob: so not just you lol
bob: np
Tradergirl: lol
Curt M: curts tired lol
Curt M: hey tradergirl and bob whats hot?
bob: you know, losing my mind over staring at candles all day. the usual lol 🙂
Curt M: ha
Curt M: I have dry powder and pent up mojo lol loooking for one just one outta the park this week
Hedgehog Trader: $NAK still coiled
Sammy T: we’ll get one
Sammy T: There’ll be a good halt intra day yet this week
Flash G: $SPY 50 MA broke
Hedgehog Trader: AIQ halted
Sammy T: $LEDS r/g
Flash G: $VIX a record…. since election
frank: $XIV should be good soon Curt
Flash G: $SPX $SPY under last week lows
Sammy T: Silver reverse on 4 hr testing mid BB – likely fails IMO
Curt M: $ETRM long 6.275 2000
Curt M: tight stop
Curt M: On mic >>>>>>>>>>>>>>>>>>>>>>
Curt M: Add over 6.40 or failure VWAP tight stop
Curt M: Stopped $ETRM 6.19 2000 shares
Curt M: Long $DWT 23.676 500
Curt M: On mic >>>>>>>>>>>>>>>>>>>>>>
Curt M: Off mic >>>>>>>>>>>>>>>>>>>>>
Curt M: Long $DWT position is 500 at 1/5 sizing will consider another 4 entries at each upside resistance
Curt M: My fills just came in less but we’l leave it where it is for the log – chippy entries
optionsavvy: back
optionsavvy: DOW breaking mid term supp here. next tgt is a major at 20427.60 on the DJI
MarketMaven: hey ssavvy
optionsavvy: GM maven
Flash G: $USDJPY on 200 Day
optionsavvy: I’d paste a chart if I could 🙂
Flash G: we all getting chart power over next couple days – was talking to curt about it
Flash G: Post it on your Twitter
Flash G: then put the twitter link to your tweet in here
optionsavvy: see red circles for supp https://twitter.com/Optionsavvy/status/851812424873279492
optionsavvy: IWM stronger on intraday relative basis that will be my long
optionsavvy: yep bounce playing out. I missed my buy
Curt M: Lol – sometimes I feel very slowwwwww with compouters
Flash G: Watching $IWM lpay today also
optionsavvy: brb
Curt M: Off mic >>>>>>>>>>>>>>>>>>>>>>>>>>>>
Hedgehog Trader: nanocap $ICLD looks to be setting up
Hedgehog Trader: what ya think Curt?
Curt M: $ICLD?
mezi: I like it lol
lenny: I am in it
Hedgehog Trader: nice
Curt M: $FIT new smartwatch delayed due to production issues. #yahoo
lenny: dull day
lenny: homework day
Curt M: On mic re XIV trade >>>>>>>>>>>>>>>
Curt M: Out $XIV 64.93 looking for re-entry later off mic >>>>>>>>>
Curt M: Small win
Sartaj: Reminder that we actually do have this: https://compoundtrading.com/partner-programs/
Hedgehog Trader: wonder if $NAK is gonna run
Sartaj: Be back in a bit
Sartaj: Back
Curt M: $NADL halt
Curt M: tank
Curt M: Oil’s closing…. down from here lol
Sartaj: Yes
Hedgehog Trader: speaking of Tank $TNK chart looking interesting
Sartaj: EPIC is… EPIC
Curt M: lol
Hedgehog Trader: $SINO even better
Hedgehog Trader: https://twitter.com/HedgehogTrader/status/851865391840321538
Hedgehog Trader: my SINO chart
Curt M: Nice chart $SINO
Curt M: $X looks really juicy
Curt M: Here;s the live $X chart with indicators mentioned https://www.tradingview.com/chart/X/2Eq99WSf-X-up-3-has-21-ema-MACD-cross-SQZMOM-about-to-turn-green-Stoch/
MarketMaven: POWER HOUR
Hedgehog Trader: GDX moving closer to 24.71 200 dma
Hedgehog Trader: nice i got a million retweets on SINO
Hedgehog Trader: but it looks sweet
Curt M: nice
Hedgehog Trader: one of the stronger shippers for some time
Curt M: I will have to concede to the Gold long soon – a few days yet
Hedgehog Trader: ashes to ashes, $DUST to $DUST
Flash G: It’s the battle zone here for Gold and Oil
Curt M: not quite dust yet
Curt M: odds are against dust tho thats for sure
Hedgehog Trader: miners seasonal trend is up from mid-march to early June
Curt M: Can you not unblock people on Stocktwits lol?
lenny: Never tried
Sartaj: I’ll check
Sartaj: Yes, it is
Sartaj: https://www.stocktwits.com/settings/blocked
Curt M: thanks
Curt M: That should be about it for Gold for the day
Hedgehog Trader: $URRE looks perky again
Hedgehog Trader: bit of a pause/doji day
Hedgehog Trader: looks like it could resume soon though
Curt M: $DRYS reverse split
Curt M: $URRE should get serious lift soon
Hedgehog Trader: yes
Curt M: Gold gold gold
Hedgehog Trader: $CEF which holds physical gold and silver is trading at a 6.7% discount to NAV
Hedgehog Trader: kind of a longer term idea
Curt M: If Trump gets on to this North Korea thing any more seriously then metals going nuts now lol
Curt M: Could happen any second imo
Hedgehog Trader: you mean any Tweet now
Curt M: Trump is a NFA kind of guy
Curt M: lol
Curt M: funny when u think about it
Hedgehog Trader: guys i’m hitting THE BUTTON #MAGA
mezi: LMFAO
Curt M: $TVIX swing over night?
Flash G: NO
Flash G: Garbage.
Curt M: True but….
Curt M: Bears shouldn’t go anywhere near $WIX imo
Sartaj: DoD Rep. is giving a press conference on missile strike
Curt M: N korea? or Syria?
Sartaj: Syria
Curt M: They couldn’t have waited 20 mins lol
Hedgehog Trader: full moon
Curt M: hahaha
Curt M: They’re gonna pump the cr@p outta SPY right now
Hedgehog Trader: with full moon over, i do think miners will rally tomorrow
Hedgehog Trader: $ABX looks good, plus lots of insider support/buys
Curt M: i hope not
Curt M: lol
Curt M: but u can’t win em all
Hedgehog Trader: for sure
Curt M: $TVIX HOD! Buy buy !
Curt M: nah
Hedgehog Trader: VIX is like whack a mole, come out your hole
mezi: You guys have been on with your calls. No need to gamble.
MarketMaven: Slow and steady
deb: tomorrow should be good
deb: for picking up bargains for swings in to next week
Flash G: Risk off environment.
lenny: As long as bombs don’t drop on NK next week very likely decent I agree
Curt M: $NADL – meet your new bagholders
Curt Melonopoly: http://oilprice.com/Latest-Energy-News/World-News/Russia-Signals-Weighing-Extension-Of-Oil-Output-Cuts.html
deb: have a good evening
Sammy T: ya see ya on flipside of the moon
Curt M: have a great night y’all!
Curt M: Thanks for the help Nicholas!
Hedgehog Trader: no prob Curt 🙂
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Article Topics: $PLUG, $ETRM, $DWT, $XIV, $USOIL, $WTIC, $AMZN, $GLD, $GDX – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Learning, How To, Trade, Trading, Educational, Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500
Post-Market Mon Apr 10 $PLUG, $CYTX – $STRP, $WTIC, $GLD, $GDX, $DXY
Compound Trading Monday April 10, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $PLUG, $CYTX – $STRP, $WTIC, $GLD, $GDX, $DXY – $DVN, $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …
Intro:
Compound Trading is trading group involved with day trading, swing trading and algorithmic model chart trading.
Time stamped entries (in permanent archive) copied to this blog 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. At times guest traders and associate traders will screen share charting and/or voice broadcast.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .
Notices:
Most recent lead trader blogpost: When You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.
https://twitter.com/CompoundTrading/status/848681468125745153
Trade risk management psychology and mechanics is a discipline itself. I am convinced a small study library could be filled on the topic.
— Melonopoly (@curtmelonopoly) April 1, 2017
If you missed it, here is the Previous Day Stock Trading Results:
https://twitter.com/CompoundTrading/status/850320579198668801
Today’s Premarket Trading Plan – Watchlist can be found here:
https://twitter.com/CompoundTrading/status/851417565377302528
Most recent Simple Swing Trade Charting
Most recent Swing Trading Newsletter:
https://twitter.com/CompoundTrading/status/851408768357335041
Review of Markets, Chat Room, Algorithm Charting, Trades and Alerts:
Nice to get positive feedback:) Keeps one motivated.
https://twitter.com/TradingInPearls/status/851710428266844160
Premarket watch-list for me was all about:
PreMarket Trading Plan Mon Apr 10 $CYTX, $GERN, $SPXS – $SPY, $DUST – $GLD, $GDX, $DWT – $USOIL, $WTIC #daytrading #chatroom
$CYTX Premarket up 32% on news.
$CYTX Premarket up 32% on news. pic.twitter.com/zA4oT0tyr2
— Melonopoly (@curtmelonopoly) April 10, 2017
$STRP premarket up 150% on AT&T buy-out for 95.63 share
$STRP premarket up 150% on AT&T buy-out for 95.63 share pic.twitter.com/MoP5iwEHOd
— Melonopoly (@curtmelonopoly) April 10, 2017
$STRP Premarket news
$STRP Premarket news https://t.co/H2ahqBHXF9
— Melonopoly (@curtmelonopoly) April 10, 2017
In play today in chat room and on markets:
Last week I was range bound to 1500.00 a day (really choppy) until Thursday got better around +2500.00 then Friday was flat and even took a small cut and Monday took a small razor cut at open and took a long position in $PLUG at EOD, Was looking at a long in $UUP (surrounding Yellen report) but didn’t, and I’m looking closely at an Oil and Gold / Miner’s short possibility. Swing trades are doing well of course because they are more consistently controlled (wider time frames with simple charting entries and exits do that).
Momentum plays on the day –
$STRP, $SITO, $LEDS, $CYTX, $SWFT, $AXON
In Play: $STRP, $GSAT, $TXMD, $GERN, $SWFT, $CYTX, $RCII, $AKRX High Uncertainty: $XCRA, $T, $DISH
In Play: $STRP, $GSAT, $TXMD, $GERN, $SWFT, $CYTX, $RCII, $AKRX High Uncertainty: $XCRA, $T, $DISH https://t.co/biura3xk6A
— Melonopoly (@curtmelonopoly) April 10, 2017
Carter Worth is lit tonight and makes a compelling case for $TSLA
Carter Worth is lit tonight and makes a compelling case for $TSLA pic.twitter.com/q6W3TRMiK5
— CNBC's Fast Money (@CNBCFastMoney) April 10, 2017
Trading Lessons, How-to and Educational:
If you can’t back a trade w/ tech set-up or at min fundamentals… then you deserve to take a loss. Like me w my one paper cut at open ha.
If you can't back a trade w/ tech set-up or at min fundamentals… then you deserve to take a loss. Like me w my one paper cut at open ha.
— Melonopoly (@curtmelonopoly) April 10, 2017
More
1/ $STUDY trading plan ex. that was sent in $CRME. Here’s what I think (and remember there’s all kinds of methods – mine are one of many).
1/ $STUDY trading plan ex. that was sent in $CRME. Here's what I think (and remember there's all kinds of methods – mine are one of many). pic.twitter.com/Xltw87YZfI
— Melonopoly (@curtmelonopoly) April 10, 2017
Stocks, ETN’s, ETF’s I am holding:
$DVN Opened long swing trade yesterday 42.62 Premarket 43.30 #swingtrading #Oil Link w chart indicators for those that asked in next post. pic.twitter.com/ASN6sGRiZ6
— Melonopoly (@curtmelonopoly) April 7, 2017
I am holding (in order of sizing – all moderately small size to micro sizing) – $DVN, $DUST, $PLUG, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.
Note-able Momentum Stocks Today (via FinViz):
Ticker | Last | Change | Volume | Signal | |
STRP | 91.64 | 151.21% | 5459539 | Top Gainers | |
SITO | 3.12 | 47.87% | 1016379 | Top Gainers | |
LEDS | 4.33 | 30.03% | 346117 | Top Gainers | |
CYTX | 1.72 | 25.55% | 17617127 | Top Gainers | |
SWFT | 24.77 | 23.73% | 26262797 | Top Gainers | |
AXON | 18.54 | 22.54% | 4692028 | Top Gainers | |
STRP | 91.64 | 151.21% | 5459539 | New High | |
AKTX | 19.70 | 6.49% | 1918705 | New High | |
EVRI | 5.86 | 22.08% | 4371728 | New High | |
AXON | 18.54 | 22.54% | 4692028 | New High | |
STRP | 91.64 | 151.21% | 5459539 | Overbought | |
AKTX | 19.70 | 6.49% | 1918705 | Overbought | |
CYTX | 1.72 | 25.55% | 17617127 | Unusual Volume | |
FPP | 0.51 | 28.62% | 1034113 | Unusual Volume | |
XCRA | 9.63 | 7.00% | 8929133 | Unusual Volume | |
STRP | 91.64 | 151.21% | 5459539 | Unusual Volume | |
AMZN | 907.04 | 1.36% | 3178955 | Upgrades | |
CASI | 1.14 | 1.79% | 57296 | Earnings Before | |
PLSE | 21.55 | 7.32% | 379913 | Insider Buying |
The Market Outlook:
Why #Fed’s plan to shrink the balance sheet could trigger a global bond crash. https://www.bloomberg.com/news/articles/2017-04-09/a-foreign-threat-to-u-s-treasuries-that-dwarfs-fed-s-debt-hoard …
Why #Fed's plan to shrink the balance sheet could trigger a global bond crash. https://t.co/mHPRM1z9Mo pic.twitter.com/jIIDvheq8r
— Holger Zschaepitz (@Schuldensuehner) April 10, 2017
This Week
$JPM $C $WFC $FAST $DAL $TSM
Next Week | preview
M $NFLX
T $GS $BAC $ISRG
W $EBAY $BLK $CSX
T $MXIM $VZ $MAT $SHW
F $GE $HON $SLB
This Week$JPM $C $WFC $FAST $DAL $TSM
Next Week | preview
M $NFLX
T $GS $BAC $ISRG
W $EBAY $BLK $CSX
T $MXIM $VZ $MAT $SHW
F $GE $HON $SLB pic.twitter.com/HtjHi2L0dw— Tom Wrigley (@WrigleyTom) April 9, 2017
Fed. Unwinding 4.5 YUGE Ts #trillion What a tribe. https://t.co/nvyGQ40kKb
— Melonopoly (@curtmelonopoly) April 6, 2017
We have been warning folks (as a result of algorithm anomalies picked up) for sometime about significant resistance not far above in Oil and SPY so it will be interesting to see if we get through it. Here’s just some of the posts. The oil resistance cluster is much larger than the one identified on $SPY.
We notified members in most recent trading range over last week that our algorithm identified a divergence and to expect an interimn top.
— Freedom $SPY Algo (@FREEDOMtheAlgo) March 21, 2017
To be clear, our algorithm @FREEDOMtheAlgo alerted a $SPY anomaly recently. Which has us cautious until recent high taken out and confirmed.
— Melonopoly (@curtmelonopoly) April 3, 2017
I wouldn't get too excited long $SPY $ES_F $USOIL $WTI etc. until most recent highs are taken out and confirmed.
— Melonopoly (@curtmelonopoly) March 30, 2017
7 of… A break to upside of $SPY $WTI algo resistance would signal what can only be described as "unnatural" I suppose…
— Melonopoly (@curtmelonopoly) March 19, 2017
Algorithmic Chart Model Trading / News:
Midday Algorithm and Swing Reviews: $USOIL $GLD $GOLD $GDX $DXY $AKS $DVN $UUP: http://youtu.be/JfnwvcGbPXU?a #daytrading #swingtrading
Midday Algorithm and Swing Reviews: $USOIL $GLD $GOLD $GDX $DXY $AKS $DVN $UUP: https://t.co/LCLCUxIM4E #daytrading #swingtrading https://t.co/D7Lc0CYsdv
— Melonopoly (@curtmelonopoly) April 10, 2017
I have come to respect algorithmic chart modeling like a deep sea fishing vessel respects a weather forecast. #trading #charts #signals
I have come to respect algorithmic chart modeling like a deep sea fishing vessel respects a weather forecast. #trading #charts #signals
— Melonopoly (@curtmelonopoly) April 8, 2017
The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).
Swing Trading Notes / News:
Simple swing charting that keeps me level when looking at the markets (see swing trade simple charting link above). Simple charting I find grounds you to simple trades which in turn keeps you profitable in toppy or sideways markets.
The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
See mid day review video above.
Gold $GLD $XAUUSD / Gold Miner’s $GDX:
{40 year} Gold Seasonality Chart. #Gold $GLD $SLV $GDX $GDXJ $NUGT $DUST #Silver https://t.co/bJnAoWCHPS
— Melonopoly (@curtmelonopoly) April 2, 2017
Silver $SLV:
NA
Crude Oil $USOIL $WTI:
The biggest engine of global #oil demand growth in 2016 (India) is slowing down in 2017 https://www.bloomberg.com/news/articles/2017-04-10/india-s-oil-demand-contracts-3rd-month-amid-demonetization-drag … #OOTT #OPEC #oil #shale
The biggest engine of global #oil demand growth in 2016 (India) is slowing down in 2017 https://t.co/87RPYQjKku #OOTT #OPEC #oil #shale pic.twitter.com/YdGmut4pU1
— Javier Blas (@JavierBlas) April 10, 2017
#Oil Watch: Brent (chart) and WTI have nearly recovered to the post #OPEC deal price range of Dec-Feb — #OOTT #shale
#Oil Watch: Brent (chart) and WTI have nearly recovered to the post #OPEC deal price range of Dec-Feb — #OOTT #shale pic.twitter.com/V7HjtUbq0r
— Javier Blas (@JavierBlas) April 10, 2017
Volatility $VIX:
Highest $Vix close of 2017 today. Only 2nd close above upper BB since the election (the other was 2/28; $SPX ATH on 3/1)
Highest $Vix close of 2017 today. Only 2nd close above upper BB since the election (the other was 2/28; $SPX ATH on 3/1)
— Urban Carmel (@ukarlewitz) April 10, 2017
$SPY S&P 500:
See warnings.
$NG_F Natural Gas:
NA
Live Trading Chat Room Video Raw Footage and Transcript:
Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day)
Compound Trading Stock Chat-room Transcript:
Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades).
Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix.
lenny: $PLUG looks good on dips, Gold looks bad, Oil looks good, $CYTX for open
MarketMaven: morning len
Sammy T: $XGTI
Curt M: $STRP, $ENRJ, $CYTX morning gaps for open
Curt M: $RPRX Halt
Curt M: https://www.thestreet.com/story/14079870/1/at-amp-t-signs-deal-to-acquire-straight-path-communications.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
Curt M: AT&T (T) isn’t slowing down its acquisitions, having signed a deal with Straight Path Communications, (STRP) to purchase the communications asset company for $95.63 per share in an all stock merger.
Curt M: $RPRX Names Larry Dillaha Its Permanent Pres and CEO
MarketMaven: Short Week this week.
Flash G: A glass of scotch early.
Flash G: Buy-outs like 30 years ago in process
Curt M: On mic >>>>>>>> for open
MarketMaven: ss $AKRX
Sartaj: Are you speaking? Can’t hear you
Curt M: I am
Sartaj: Yes
Sartaj: Now it is working
Flash G: $TSLA my love.
Hedgehog Trader: $FCEL
Curt M: Long $CYTX 2.02 2000
Curt M: $CNAT 52 week high
Curt M: $TOPS tape string
Curt M: $CEI tape strong
MarketMaven: $TOPS rockin
Hedgehog Trader: lol amen
Curt M: $ENRJ +130% Halt
Curt M: $CYTX out 1.84 small loss to start week lol
Curt M: $SPX above 20 MA
Flash G: $MOMO strong
Hedgehog Trader: Curt, take a look at $FCEL
MarketMaven: $PLUG on the move
Flash G: $AMZN, $TSLA, $BABA swing trades in good shape.
lenny: $CYCC on da move
Flash G: hahaha
lenny: $ENRJ shorts have worked
Sartaj: Fighting over scraps
Curt M: That’s it for open. Doing scans and setting up for reviews to start around 11:30 EST. Run swing trade set ups between 11:30 – 1:00 PM EST today >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Carol B: Thanks Curt
lenny: $SLIO vol
Sammy T: Would short $TSLA here if it wasn’t Tesla
Flash G: $MOMO impressive
lenny: $HA curt
Curt M: $GLBS Halt – surprise surprise
Curt M: $NAKD vol
lenny: $SKLN HOD
Curt M: $GLBS watching for a 5.00 break off halt
Hedgehog Trader: wow nice
Curt M: As suspected it’s a shipper morning
Hedgehog Trader: fish and ships
Hedgehog Trader: watch $SINO shipper close to breaking above 50 dma
Flash G: $CAT strong too
Curt M: Full moon tonight?
Sartaj: Yes, reading charts is the new astrology
Hedgehog Trader: full moon tues
Hedgehog Trader: usually mkt weakness around it
Hedgehog Trader: trade nimbly
Curt M: off mic to prepare for review of swing charts at lunch>>>>>>>>>>>>>>>>>>>>
lenny: Cramer loves $TSLA
Flash G: $BABA may find residence in a new leg up
Curt M: Calls in solar…. $SPWR $FSLR etc
Hedgehog Trader: i hate when Cramer loves anything
Hedgehog Trader: Gartman-like powers
Curt M: So true Nich
Curt M: catch ya guys at lunch – not 11:30 it will be at 12:00 🙂
Hedgehog Trader: $URRE
Hedgehog Trader: WHEEE
Hedgehog Trader: $NAJK Curt
Hedgehog Trader: sorry
Hedgehog Trader: $NAK
Hedgehog Trader: my signals suggest to expect a new uptrend on $NAK here as i tweeted
Curt M: busting a gut watching this chat from tradingview
Curt M: 1 min to mid day review >>>>>>>>>>>>>>>>
Sartaj: Ready to receive
Curt M: On mic >>>>>>>>>>>>>>>>>>
Curt M: back in min
Leanne: Thanks Curtis
Curt M: Off mic >>>>>>>>>>>>>>>>>>>>>
Hedgehog Trader: nice, thanks Curt!
Curt M: np
Hedgehog Trader: weird move for $AKS
Curt M: 🙂
Tradergirl: Thanks Curt, very good stuff and spot-on imo.
Curt M: Well thanks 🙂
Carol B: Yepp:)
Curt M: Going to scan for afternoon plays. Catchya in a bit.
Flash G: $MOMO no stop just go
Sammy T: $CCCL shorts covering
Flash G: Senior bulls stepped in to $NFLX
Curt M: $CCJ break out
Sartaj: See everyone tomorrow
Sartaj: Will keep everyone in the loop for our new SMS alerts platform
Hedgehog Trader: nice recipe sharing on tradingview
Curt M: haha
Sammy T: $BLDP action
lenny: $AKTX squeeze
lenny: $CYCC on the move
Curt M: $PLUG 52 WK Highs
Curt M: $HOG chatter 73.00 BO
Flash G: Today is more about knowing when not to trade.
Flash G: $NVDS interesting strength in to close
MarketMaven: Granny on deck
Curt M: $PLUG HOD again
Curt M: Long $PLUG 2.456 5000
Curt M: Might get out of my $MGTI bag yet
MarketMaven: ha mee too
Curt M: Holding $PLUG overnight
Hedgehog Trader: PLUG is such a good stock Curt
Hedgehog Trader: especially now with AMZN stake
Hedgehog Trader: it’s greentech, which is a sector i see doing really well going forward
Hedgehog Trader: plus it has a great product that saves time and money
Flash G: $URRE looks good too
lenny: I’m in it Flash
Hedgehog Trader: $URG is another u stock that looks ready
shafique: good night
Curt M: cya shaf
Curt M: $LEDS strong close also
People respect achievement
People respect trying to achieve
People respect going for it but missingNo one respects not trying@EdLatimore
— Steve Burns (@SJosephBurns) April 9, 2017
If this post was of benefit to you, be kind and share on social media!
Follow our lead trader on Twitter:
Article Topics: $PLUG, $CYTX – $STRP, $WTIC, $GLD, $GDX, $DXY – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Learning, How To, Trade, Trading, Educational, Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500
Post-Market Wed Apr 5 $PLUG, $CALI, $INNL, $USOIL, $WTIC
Compound Trading Wednesday April 5, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $PLUG, $CALI, $INNL, $USOIL, $WTIC – $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …
Intro:
Compound Trading is trading group involved with day trading, swing trading and algorithmic model chart trading.
Time stamped entries (in permanent archive) copied to this blog 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. At times guest traders and associate traders will screen share charting and/or voice broadcast.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .
Notices:
New lead trader blogpost: When You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.
https://twitter.com/CompoundTrading/status/848681468125745153
Trade risk management psychology and mechanics is a discipline itself. I am convinced a small study library could be filled on the topic.
— Melonopoly (@curtmelonopoly) April 1, 2017
Big Changes: Even though we post my trades and trading room transcript and video daily (which has been a massive time investment) as of now we are posting intra-day small videos to our Twitter feed and YouTube – every trade as they happen. Each will have details of setup and reasoning for each trade. We will still post complete trading room session to Youtube also.
Even though we post my trades and trading room transcript and video daily (which has been a massive time investment lol) starting Monday…
— Melonopoly (@curtmelonopoly) April 1, 2017
If you missed it, here is the Previous Day Stock Trading Results Tuesday April 4 (public):
Unlocked: Stock Trading Results Tues Apr 4 $INNL, $GNCMA, $BNTC, $USOIL, $WTIC, $GLD, $DXY #daytrading https://t.co/ooegfo9frG
— Melonopoly (@curtmelonopoly) April 5, 2017
Premarket Trading Plan – Watchlist (member) for Wednesday April 5 session can be found here:
Protected: PreMarket Trading Plan Wed Apr 5 $PLUG, $INNL, $NEOT, $USOIL, $WTIC, $RIG, Oil Plays on Watch #trading #stocks #premarket https://t.co/2yIK9PGFeQ
— Melonopoly (@curtmelonopoly) April 5, 2017
The Weekly Simple Swing Trade Charting (public) is out. This week however had a lot of indecision in the charts:
Swing Trading Newsletter (member) is Published:
https://twitter.com/CompoundTrading/status/849524916135354368
Review of Markets, Chat Room, Algorithm Charting, Trades and Alerts:
Premarket watch-list for me was all about:
$PLUG Premarket up 63%. Plug Power.
$PLUG Premarket up 63%. Plug Power. pic.twitter.com/1tVPDm2ri4
— Melonopoly (@curtmelonopoly) April 5, 2017
$INNL Premarket is up 43% #tradingplan #stocks #daytrading
$INNL Premarket is up 43% #tradingplan #stocks #daytrading pic.twitter.com/ohHnImHzwg
— Melonopoly (@curtmelonopoly) April 5, 2017
In play today in chat room and on markets:
$PLUG, $INNL, $BLDP, $USOIL, $WTI, Oil Plays on watch. Premarket watchlist.
$PLUG, $INNL, $BLDP, $USOIL, $WTI, Oil Plays on watch. Premarket watchlist.
— Melonopoly (@curtmelonopoly) April 5, 2017
$PLUG, $CALI, $INNL were the momentum plays on the day.
$PLUG I traded later in the day for a 1 cent loss on 10000 shares and $INNL I had on the swing trading side of our platform and on the daytrading side. The swing side we sold during premarket and I held 2000 shares on daytrading side hoping for a premarket pop and didn’t get it. Both I sold for a profit because I took the trade the afternoon before long for the swing and the news came out that night. Reminded me of the $VHC play last year (same thing happened) but in that instance I went in with 60% of my portfolio. Huge win then. $CALI I didn’t trade.
Stocks, ETN’s, ETF’s I am holding:
I am holding (in order of sizing – all moderately small size to micro sizing) – $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so. I am now 95% cash in daytrading account.
Note-able Momentum Stocks Today (via FinViz):
Ticker | Last | Change | Volume | Signal | |
PLUG | 2.25 | 73.08% | 135165700 | Top Gainers | |
CALI | 4.04 | 41.75% | 14341126 | Top Gainers | |
INNL | 2.19 | 20.33% | 16645566 | Top Gainers | |
EVI | 21.90 | 14.36% | 57709 | Top Gainers | |
PNRA | 312.94 | 14.21% | 12161000 | Top Gainers | |
SCON | 1.46 | 14.06% | 1189979 | Top Gainers | |
WCST | 2.60 | 14.04% | 357524 | New High | |
BKJ | 16.65 | 7.77% | 18600 | New High | |
SXE | 4.08 | 11.48% | 712500 | New High | |
AUXO | 6.00 | 8.30% | 765294 | New High | |
FIZZ | 85.45 | -0.06% | 435207 | Overbought | |
WHLR | 13.30 | -3.20% | 141218 | Overbought | |
TGC | 1.05 | 50.00% | 5889226 | Unusual Volume | |
CALI | 4.04 | 41.75% | 14341126 | Unusual Volume | |
UNIS | 0.31 | -75.25% | 7603524 | Unusual Volume | |
VII | 0.96 | 152.63% | 4885300 | Unusual Volume | |
AU | 11.85 | 1.72% | 4412400 | Upgrades | |
GBX | 47.25 | 10.01% | 3848700 | Earnings Before | |
SYNL | 12.30 | 1.65% | 30934 | Insider Buying |
The Markets Looking Forward:
Fed. Unwinding 4.5 YUGE Ts #trillion What a tribe. https://t.co/nvyGQ40kKb
— Melonopoly (@curtmelonopoly) April 6, 2017
We have been warning folks (as a result of algorithm anomalies picked up) for sometime about significant resistance not far above in Oil and SPY so it will be interesting to see if we get through it. Here’s just some of the posts. The oil resistance cluster is much larger than the one identified on $SPY.
We notified members in most recent trading range over last week that our algorithm identified a divergence and to expect an interimn top.
— Freedom $SPY Algo (@FREEDOMtheAlgo) March 21, 2017
To be clear, our algorithm @FREEDOMtheAlgo alerted a $SPY anomaly recently. Which has us cautious until recent high taken out and confirmed.
— Melonopoly (@curtmelonopoly) April 3, 2017
I wouldn't get too excited long $SPY $ES_F $USOIL $WTI etc. until most recent highs are taken out and confirmed.
— Melonopoly (@curtmelonopoly) March 30, 2017
7 of… A break to upside of $SPY $WTI algo resistance would signal what can only be described as "unnatural" I suppose…
— Melonopoly (@curtmelonopoly) March 19, 2017
Algorithmic Chart Model Trading / News:
Epic the Oil Algo was at it again with a crazy price target hit to the penny and exact time at Wednesday #EIA report time at 10:30 AM. That call was made Sunday for that exact time and price Wednesday and what made it more interesting was how oil literally fell from the sky and landed right in the middle of the target. We caught it on video.
#EIA Price hit target exact time & price called Tues 10:30. Crude algo. $USOIL $WTIC $CL_F $USO $UWT $DWT #OOTT
https://twitter.com/EPICtheAlgo/status/849642844360802304
There it is live on video wow crazy. Dead center! Oil drops in to target exact time and price 🔥🔥🔥 EPIC the OIL Algo. $USOIL $WTI #OIL #EIA https://t.co/1rJHKTV7P5
— Melonopoly (@curtmelonopoly) April 5, 2017
The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).
Swing Trading Notes / News:
The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.
Simple swing charting that keeps me level when looking at the markets (examples below). Simple charting I find grounds you to simple trades which in turn keeps you profitable in toppy or sideways markets.
https://twitter.com/CompoundTrading/status/848756853169283073
$BABA Swing Trade going well. Our Swing Trading side is in at 104.64 trading at 108.17. #swingtrading pic.twitter.com/x2zOezrBQ3
— Melonopoly (@curtmelonopoly) April 4, 2017
$NFLX March 29 we entered swing trade 145.50 when MACD turned, trading 146.82, stop at flat and re-enter if we have to. #swingtrading pic.twitter.com/DI8fiL6nsv
— Melonopoly (@curtmelonopoly) April 4, 2017
$AXP American Express. So close. SQZMOM about to turn, MACD cross on deck just need PTPTRR to line up. Need volume & power. #swingtrading pic.twitter.com/V4dGTTw0T9
— Melonopoly (@curtmelonopoly) April 4, 2017
$ABX Setting up nicely. Above 200 MA, wait for Stoch RSI to turn, SQZMOM green MACD turns up and kapow! Some volume & power would help too. pic.twitter.com/Umdcrc6ffV
— Melonopoly (@curtmelonopoly) April 4, 2017
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
NA
Gold $GLD $XAUUSD / Gold Miner’s $GDX:
{40 year} Gold Seasonality Chart. #Gold $GLD $SLV $GDX $GDXJ $NUGT $DUST #Silver https://t.co/bJnAoWCHPS
— Melonopoly (@curtmelonopoly) April 2, 2017
Silver $SLV:
Silver Gold Platinum Palladium money pos. https://t.co/JGMkj0oLb8
— Melonopoly (@curtmelonopoly) April 2, 2017
Crude Oil $USOIL $WTI:
849631751106199554
EPIC the Oil Algo Killing it as usual:
Price hit target centre exact time and price called for Tues 10:30. Crude algo. FX $USOIL $WTIC #OIL $CL_F $USO $UCO $SCO $UWT $DWT #OOTT
https://twitter.com/EPICtheAlgo/status/849638081720270848
Tanker Traffic Points At Much Tighter #Oil Markets | https://t.co/8uM3eZkvEt https://t.co/wIwcqnBfFi #oilprice #OOTT $USOIL $WTI $CL_F
— Melonopoly (@curtmelonopoly) April 5, 2017
$WTI $CL_F $USOIL net long short https://t.co/hpRZPGo4fM
— Melonopoly (@curtmelonopoly) April 2, 2017
Volatility $VIX:
$VIX #gamma #diverge https://t.co/UR56MiAx6Z
— Melonopoly (@curtmelonopoly) April 6, 2017
$VIX delay… https://t.co/2aT85XuyXo
— Melonopoly (@curtmelonopoly) April 1, 2017
$SPY S&P 500:
$SPX P/E Ratio above 10 year average. https://t.co/3BzGNUugvs
— Melonopoly (@curtmelonopoly) April 3, 2017
$NG_F Natural Gas:
NA
Live Trading Chat Room Transcript: (on YouTube Live):
2 Part video (Part 1 embed below go to our Youtube channel for Part 2)
Compound Trading Stock Chat-room Transcript:
Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades).
Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix.
Leanne: good morning
Sammy T: hey chick mom trader beast leanne!
Sammy T: seen your win
Sammy T: congrats
HedgehogTrader: hi, nice on INNL
Sammy T: ya Leanne nailed it
Leanne: Hi Sammy, not yet, I can’t trade pre market so didn’t sleep much
Sammy T: I did too and I think Lenny
Leanne: besides Curtis gets all the credit
Sammy T: dont do that lololol
Leanne: I do way better not trading anything in the am and waiting til later in the day
Sartaj: Okay, I’m ready
Curtis M: On mic premarket review >>>>>>>>
Leanne: not sure where it’s going to go or what my plan should be in 10 mins on it. thoughts?
Leanne: I was up but can’t trade pre market
optionsavvy: gm
Sartaj: Good morning
optionsavvy: WILN from last week may actually go now. not a whole lot of charts on my scan
optionsavvy: CL_F strong headed to 53. any small drillers you guys like ?
optionsavvy: ERF driller irreg vol pre with bid above yesterday close
HedgehogTrader: watch $FCEL
optionsavvy: gm
optionsavvy: INNL into supply here. RR not in favor of long imo
optionsavvy: ty
Sartaj: PreMarket Review over, Curt?
optionsavvy: trying PSDV . same sector as INNL . PSDV on support but going to cut it loose below 1.65
Leanne: you are not old
optionsavvy: INNL looking for supp mid 1.9s
optionsavvy: mid term imo
optionsavvy: 3/15 confirmed
optionsavvy: CHK trending
Sartaj: Want this recorded, Curt?
optionsavvy: lots of green in my small oil driller WL
Curtis M: Drillers look great
Curtis M: Long 2.17 add $INNL to yesterday
optionsavvy: ESES not bad RR but needs vol
Curtis M: 1000 share add $INNL sorry
Curtis M: $TGC halt violation
optionsavvy: SPY into res here. watch for turn so not a place to put on longs imo immed time frame
Curtis M: $AMZN swing hammer nice on that swing
Curtis M: $QCP halt
Curtis M: $QCP News pending
Curtis M: Stop on $INNL 1.95 looking for break of res
Curtis M: $CHK does look good
optionsavvy: INNL 2.53 top of bracket imo
optionsavvy: QQQ AT highs ?
HedgehogTrader: when the fuel cell stocks run like PLUG is you follow BLDP also and FCEL which is close to busting out
Curtis M: $CBIO tape bullish
lenny: Can’t get enough of $TSLA #AMZN just asying
Curtis M: Oil getting really close to resistance now
Curtis M: If it comes off res and goes in to downdrift the fuel cell etc plays likely will too
optionsavvy: FRSH into a spot to short imo
optionsavvy: re running scans now. nothing I like
optionsavvy: MEMP pretty chart pattern but I dont trade sub 1 stocks so
MarketMaven: Short $CALI
Flash G: $VRTX HOD
optionsavvy: not from scan but digging through old WL and SCON shows up. nice looking chart
Flash G: $CVS blocks this morning
Curtis M: $TGC halt
optionsavvy: starter short SPY
optionsavvy: may have jumped the gun a little on SPY short but ready to add
HedgehogTrader: fwiw my signals are getting a mkt upturn close to apr 6th
optionsavvy: added SPY short . now half size
Curtis M: $SPY hit our first primary upside price target extension perfect there…. there’s one more not far above but that’s the main one.
Leanne: 16 yr old just walked into my office and looked at your screen, thought it was an art project!
Sartaj: Not the first time we have heard that. Mathematics and Art are cousins
optionsavvy: I have 237.24 and 237.56 is the max an prem entry short . above that long again
Curtis M: Oil report on deck in 15 mins
Curtis M: Grabbing a quick coffee for that event
MarketMaven: Closed $CALI
MarketMaven: Watching $KONE
Curtis M: On mic in 3 mins for oil report
Sartaj: Great. FYI, for anyone curious.. putting together $INNL snippets onto YouTube through the afternoon
Curtis M: on mic>>>>>
Curtis M: #EIA report
Leanne: Thanks all, have to leave for a bit, back after lunch
Curtis M: kkk
Sartaj: Great snippet, Curt
hais: what is the target for friday?
Sartaj: Look at the end of the wedge. There is a likelihood for price to reach the upper target intersecting at the yellow and red-dotted line, and then falling down to the lower target
optionsavvy: starting to look like I chased SPY down the rabbit hole 😐
Curtis M: Off mic >>>>>>>> #EIA report $USOIL $WTI EPIC the Algo Review
HedgehogTrader: hey, i did say i was picking up a SPY turn 🙂
Curtis M: $SPY price was .03 over our upside price target extension
Curtis M: Top of dotted red line was the price target
HedgehogTrader: looking for a kitchen sink rally w oil, spy, speculative stocks, you name it
optionsavvy: been noticing staffing companies trending and showing up on scans. may be a cyclical trade coming soon in sector
optionsavvy: DHX on scan just now
Curtis M: I’m going to have to wait for crude to get back to top of channel to short or bottom of channel to long – I missed my chance ugh mid channel isn’t the best place
optionsavvy: mkts could fall out of bed right here and my feelings wouldnt be hurt 🙂
optionsavvy: TF breaking down
Curtis M: Well that was a little crazy. The oil traders got a little excited on DMs there. They actually followed EPICs instructions and nailed that long to channel resistance and then the short kaboom – what a play. I missed lol
Curtis M: I’m the one charting it and I miss it how does that work?
Curtis M: Ca;t teach stupid. hahaha
MarketMaven: 🙂
MarketMaven: jokes
MarketMaven: Someone thumbs down EPICs video hahaha oh ya right I’d like to see you do that buddy
Curtis M: really hmmm kids
Sartaj: https://youtu.be/LOW5ltNoc_0?list=PLTeUfxpy0iabQ3uQYO8aAbX2hG_NcbJCX In case anyone wants to prove that naysayer wrong 🙂
Sartaj: You just can’t impress people sometimes… that video captured the target hit in real time.
Sartaj: Refresh the pages, Curt. That should work
optionsavvy: IV on puts starting to inflate as if a down move is becoming more probable in mkts
Hedgehog Trader: FCEL huge volume building
Curtis M: Going to reboot hopefully I don’t lose ya
Curtis M: $CGI halt
Sartaj: $CGI resumed
Curtis M: $CGI long 5.26 1000
Hedgehog Trader: $NAK back at 200 dma
Curtis M: 5.28 correction
Curtis M: On mic >>>>>
Curtis M: Out at 5.26
Sartaj: Deploying to YouTube
Curtis M: No need t o publish no
Sartaj: Okay
Curtis M: rebooting
Curtis M: 1000 $PLUG 2.26 for a pop will scale if confirms. Simple time of day.
Curtis M: Wow interent throttled hard today
Curtis M: Long 4000 $PLUG 2.24
Sandra: $QSR cup and handle set up looks good
Curtis M: FOMC at 2 so maybe we get action shortly thereafter
MarketMaven: In $OLUG here
MarketMaven: $PLUG
MarketMaven: 2.267
Curtis M: Looking for 2.50 for possible add
Curtis M: $VIX has died
Curtis M: Long $PLUG 5000 2.293
Curtis M: On mic >>>>>>>>>>>>>>>
Curtis M: My $DUST swing up 3.3% hope it continues
Curtis M: $JNUG got hammered today
Hedgehog Trader: i think DUST is going to get dusted
Curtis M: Selling in to the news
Hedgehog Trader: NAK at 200 dma
Curtis M: lol
Hedgehog Trader: i get turn for miners
Curtis M: just made me laugh first time today
Hedgehog Trader: who, me?
Curtis M: yup
Curtis M: you dust comment
Hedgehog Trader: ha
Hedgehog Trader: EXK pulled back and filled gap
Hedgehog Trader: for those who want a kick ass silver miner
Curtis M: I’m watching DUST with awe
Flash G: My $TSLA
Hedgehog Trader: btw Flash, my forecasting signals get giant move in $LTBR starting around apr 5-6
Hedgehog Trader: if it starts to turn up with oil, energy sector, we’ll see a kaboom
Curtis M: SQZMOM on $PLUG getting greenish lol come on
Curtis M: Scott Gottlieb is at the Senate Confirmation Hearing #FDA #TRUMP pick
Hedgehog Trader: DUST going down
Hedgehog Trader: EXK going up
Hedgehog Trader: perfect gap fill
Curtis M: Is your monitor working right?
Sandra: Gold bugs
Sartaj: Quick coffee break brb
Curtis M: kk
Curtis M: $SICK halt
Hedgehog Trader: if my trade goes the wrong way i’ll turn my monitor upside down
Hedgehog Trader: lol never heard of that ETF
Curtis M: $SICK is the Gotlieb factor at work
Sartaj: Back
Curtis M: $PLUG looking good here
Curtis M: MACD turned up
Hedgehog Trader: in 2013 PLUG ran from under 60c to $11 in 3 months
Hedgehog Trader: rode it to about $7
Hedgehog Trader: FCEL and BLDP also tripled or more
Hedgehog Trader: hence i like FCEL here
Hedgehog Trader: FCEL 62M mkt cap
Curtis M: Increasing volume on $PLUG last 4 mins
Curtis M: MACD Stock RSI SQZMOM all look good
Curtis M: On mic >>>>>>>>>>
Sartaj: Do you want that uploaded as an educational piece?
Sartaj: Got about 5 minutes of content there
Curtis M: We may as well finish the trade
Curtis M: its not a lot of value yet lol
Sartaj: I will probably have to snip together these intraday ones later. If you weren’t planning on doing swing or algo reviews, I could work on yesterdays instead. What’s it looking like for the rest of the market hours?
Curtis M: No sure
Curtis M: No reviews just possible trades
Sartaj: Okay
Flash G: Dollar air after FOMC
Hedgehog Trader: copper up strong as i forecast, nearly 3% on day
Hedgehog Trader: watch elite copper junior $TGB
Flash G: Nice one
Curtis M: Got myself in to a tight one – hate these
Hedgehog Trader: $NAK is one and it is on 200 dma
Curtis M: acorns were my fav as a kid for some reason
Hedgehog Trader: are we talking nuts and balls in this room?
Curtis M: right now I’d take a 200 hit hmmmmm
Curtis M: should i stay or should i go
MarketMaven: when in doubt flee
Hedgehog Trader: oh oh oh GDX
Hedgehog Trader: movin on up wheezy
Curtis M: oh oh
Leanne: Curtis, I’m just getting back and trying to catch up, are you in PLUG?
Curtis M: yes
Hedgehog Trader: bad boy bad boys whatcha gonna do when the Hedgehog comes for youuu (DUST longs)
Curtis M: 10000 shares avg 2.265 I think but I might cut for loss
Curtis M: its ughhhhhhhhhhhh boring
Curtis M: tonight doesn’t look good to hold in to
Curtis M: sentiment isn’t great out in the winds of the market imo
Curtis M: and miners I feel worst for them
Hedgehog Trader: $ICLD turning up
Hedgehog Trader: don’t feel bad for miners, face ripper coming
Flash G: Red – $IBB
optionsavvy: value broke on indexes ruhh rohh
Curtis M: doesnt look great but you know… they’ll ust make PPT work overtime
Curtis M: poor miner bulls trapped again
optionsavvy: taking half SPY Puts off here
optionsavvy: ride rest for free
Curtis M: nice
optionsavvy: <bows gracefully>
Curtis M: Ride or Die
Curtis M: lol
Curtis M: OK! Giddy up!
Curtis M: $PLUG time
Curtis M: MACD Volume SQZMOM ready
Curtis M: There we go
Curtis M: torture today lol
Curtis M: ballz
Curtis M: what is with the interenet today wow
Flash G: Trimming some excess long swing trades in to EOD all winners. Has been good this year.
Curtis M: We had a good run on those swing Flash from late Dec to now.
Curtis M: I think I did 45% or so and you likely more.
Flash G: No, I am at 38%
optionsavvy: I may have to take the exit on rest of SPY this was a bit of a lucky trade
Sartaj: Seems like a theme today
MarketMaven: Your daytrading is better than that though Curt
Curtis M: That was a disciplined trade imo
Curtis M: $SPY at res and oil at res kinda obvious looking back but at the time…. things always clear in reverse
optionsavvy: agree but DOW divergence from NASD is what tipped me off to trade. IWM was strong when I took the SPY otherwise that would have been my pick
optionsavvy: old futures guy beat into me that when the NASD diverges strong and DOW isnt playing along be very careful
Curtis M: makes sense
Curtis M: okay i have to bail on $PLUG this stoch rsi turn up its 3:29
Curtis M: time not on my side
Hedgehog Trader: Curt GDX
Hedgehog Trader: popping up
Curtis M: poor miner bulls i really feel deeply for them
Curtis M: ok GIDDY UP $PLUG
Sartaj: lol
Hedgehog Trader: $DUST exhibiting cement boots chart pattern
Curtis M: I’ll fix that chart next lol
Curtis M: I am out 10000 down exactly 1 penny
Sartaj: Phew
Curtis M: stupid waste of time lol
Hedgehog Trader: late buyers are getting plugged
Curtis M: lol
Curtis M: Might be time to short $VIX soon
Curtis M: Whomever reads this transcript PLEASE BE ADVISE there was a lot of sarcasm in here today. Fed day.
Curtis M: Ok if miners get 24.17 I’m all in long if its in the box that it hits 24 . 17
Curtis M: until then I’ll hold $DUST
Curtis M: how do you like them ballz? hedge? u there? lol
Flash G: He fell asleep
Curtis M: Ah huh! That would likely coincide with 200 MA test
Curtis M: oh well missed the bad news muhahahaha
MarketMaven: 🙂
Hedgehog Trader: back
Hedgehog Trader: i had to tickle someone
Curtis M: read transcript then I will show you magic chart
Hedgehog Trader: i’m all about the magic
Curtis M: Miners need 24.17 or they’re dead
Curtis M: at minimum sideways
Curtis M: in the box
Curtis M: they don’t get it in the box it’s down
MarketMaven: he fell asleep
Curtis M: Now the internet is speedster
Hedgehog Trader: i know about 24
Hedgehog Trader: lol
Curtis M: did you see the chart?
Hedgehog Trader: yes sir
Curtis M: our SPY calculations have been spot on for months – should have traded it everytime
Curtis M: trusting the math…. takes time
Sandra: have a good nihgt all
Curtis M: cya sandra
Hedgehog Trader: GDX:GLD ratio nice uptrend since early march dip
Curtis M: good night john boy
Curtis M: need to make 2000.00 tomorrow today was meh
Curtis M: see ya later guys
Hedgehog Trader: ciao and thanks Curt
Sartaj: See you all later
Flash G: bye all
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Article Topics: $PLUG, $CALI, $INNL, $USOIL, $WTIC – $XOM, $NE, $ONTX, $DUST, $TRCH, $LGCY, $SSH, $ASM – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Learning, How To, Trade, Trading, Educational, Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500
PreMarket Trading Plan Wed Apr 5 $PLUG, $INNL, $NEOT, $USOIL, $WTIC, $RIG, Oil Plays on Watch
Compound Trading Chat Room Stock Trading Plan for Wednesday April 5, 2017; $PLUG, $INNL, $NEOT, $USOIL, $WTIC, $RIG – $ONTX, $DUST, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI – 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 at Compound Trading!
Notes in red text below are new comments entered specifically today.
Notices:
Today’s Live Trading Room Link: https://compoundtrading.clickmeeting.com/livetrading
New blog post: When You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.
https://twitter.com/CompoundTrading/status/848681468125745153
Tuesday April 4, 2017 Stock Trading Results
https://twitter.com/CompoundTrading/status/849590289136328704
The Quarterly Daytrading Performance Review P/L with Charting is Published.
https://twitter.com/CompoundTrading/status/846494014635429888
The Quarterly Swing Trading Performance Review P/L with Charting is Published. The Algorithms Quarterly Performance Reports are being compiled as I write and will be posted soon.
https://twitter.com/CompoundTrading/status/841078264537993218
Most recent Keep it Simple Swing trade Charting Post on Sunday April 2, 2017 (MACD, MA, Stoch RSI, SQZMOM focus):
https://twitter.com/CompoundTrading/status/848756853169283073
Current Holds / Trading Plan:
Main watchlist in my trading plan today: $INNL of course is on watch with my overnight hold, I was going to sell in premarket when it up 83% bought I though lets run it at open and see, OTC on watch $USRM, $LIGA, $MMEX. $PLUG, $INNL, $NEOT are the momentums on watch and $USOIL, $WTIC, $RIG are the oil related.
All my holds are small to mid size holds in this order according to sizing – $INNL, $ONTX, $DUST, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI.
Per recent;
$DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.
Market Outlook / Trading Plan:
$PLUG, $INNL, $NEOT, $USOIL, $WTIC, $RIG Oil Plays on Watch (see my Twitter feed).
Per recent reports:
There are significant resistance clusters above recent highs in oil and the S&P so I will be very cautious to upside going forward until recent highs are taken out and confirmed. The daytrading side I am 95% cash now that I am out of $UWT so I am fine. I see significant upside challenges in Oil and SPY with most recent highs being taken out.
Platinum on swing trading watchlist again. pic.twitter.com/3GfRhHKKrP
— Melonopoly (@curtmelonopoly) April 2, 2017
$GREK yup on my swing trading watch list. Love the chart. https://t.co/9zmg8B2wAC
— Melonopoly (@curtmelonopoly) April 1, 2017
Morning Momentum Stocks / News and Social Bits From Around the Internet:
Premarket momentum stocks to watch: $PLUG, $INNL, $NEOT
Gaps on these plays:
News on these plays:
Chart Set-Ups:
Previous Day Momentum Stocks to watch: $INNL
If you are new to our trading service you should review recent blog posts, our YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).
The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct. Our lead trader Twitter feed is here @curtmelonopoly, lead tech developer @hundalSHS, and associate 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: $PLUG 83%, $INNL 43%, $NEOT 35% $FCEL $PNRA $VICL $CALI $BLDP $JDST $SRPT $UWT $FTI $FUST $UCO $BBL $STM $FCX $MON
I will update before market open or refer to chat room notices.
(2) Pre-market Decliners Watch-List: I will update before market open or refer to chat room notices.
(3) Other Watch-List: Per above
(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.
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: $PLUG, $INNL, $NEOT, $USOIL, $WTIC, $RIG – $MGTI, $NE, $XOM, $ONTX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA, – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD