Compound Trading Tuesday March 28, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $UWT, $USOIL, $WTIC, $CBIO, $DFFN, $PSIX, $SSH  – $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:

If you missed it, here is the Previous Day Stock Trading Results – Monday Mar 27:

Premarket Trading Plan – Watchlist (member post) for Tuesday Mar 28 session can be found here:

 

The Weekly Simple Swing Trade Charting (public edition) is out:

Summary Review of Markets, Chat Room, Algorithm Charting, Trades and Alerts:

Premarket was all about:

$XRA, $RXII, $PSIX

$PSIX, Premarket, Trading, Plan, Results

$PSIX Up 53% Premarket

In play today in chat room and on markets:

$CBIO 191.46% $DFFN 81.75% $AKER 67.86% $IZEA 34.75% $KBSF 32.99% $PSIX 32.81% $SSH

I took a small trade in $CBIO 500 shares 11.06 out at 11.30 for a small win and had a small few hundred dollar win on $DFFN later in day in avg 4.01 and out a 4.40. My swing on $SSH got some air but I didn’t sell yet.

Was still holding $UWT swing (oil related ETN)

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size to micro sizing) – $UWT, $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):

$CBIO $AKER $DFFN $PSIX $GRVY $IMMY $KBSF $SSH $JYNT

Leaderboard: $CBIO 191.46% $DFFN 81.75% $AKER 67.86% $IZEA 34.75% $KBSF 32.99% $PSIX 32.81% $SSH 32.76% #trading #stocks

The Markets Looking Forward:

Algorithmic Chart Model Trading / News:

Perfect hit to middle of Tues 430 algo target call. Crude algo intra work sheet. FX $USOIL $WTIC #OIL $CL_F $USO $UCO $SCO $UWT $DWT #OOTT

EPIC, Oil, Algorithm, Trading, Results

Perfect hit to middle of Tues 430 target call. Crude algo intra work sheet 1210 AM Mar 29 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

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:

Last weekend we produced some 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.

US Dollar $DXY $USDJPY $UUP & Currencies of Note:

Gold $GLD $XAUUSD / Gold Miner’s $GDX:

Results are in for Gold trading vote:

Silver $SLV:

Crude Oil $USOIL $WTI:

Volatility $VIX:

$SPY S&P 500:

$NG_F Natural Gas:

NA

Live Trading Chat Room Transcript: (on YouTube Live):

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 now.

Curtis M: Crews are doing work nearby so we are dealing with possible internet outages FYI.
MarketMaven: Morning
OIL KING: hey peeps
OIL KING: Talkin like my kid
Flash G: Thanks for the breakfast chat OILK
Curtis M: morning
mathew: RXII popped like crazy ON. I have a few shares but have been waiting for this. Huge order just went across at 1.05 as well level to watch
Flash G: great
Lenny: wow internet back on – that was crazy lol
Curtis M: working nearby
Curtis M: stupid
MarketMaven: $CBIO sqz
Lenny: Was in $CBIO early nice move
MarketMaven: Lucky
MarketMaven: ha
MarketMaven: I’m in now at VWAP 10.16 ish
OIL KING: Oil very strong adding to my pos b4 dip here now 50
OIL KING: 50% opened long
mathew: FCX basing off of nice fib support here. Will add on strength
Lenny: Add to $CBIO at 10.27
Curtis M: Long $CBIO
Curtis M: 500 11.06 small
Curtis M: Long 11.30 1000 $CBIO
Curtis M: Stop at 11.30
Curtis M: Hit out
Curtis M: Waitng wash out snapp backs
Lenny: yessir
Lenny: I’m in with ya on $CBIO holding same entries ish
Flash G: All swings are up – congrats Curt and crew
OIL KING: Thanks Flash good times – you’re not in oil?
Lenny: Out $CBIO small gainz
Flash G: No OILK
MarketMaven: Too many pplays to alert
MarketMaven: But that was a good open – wash-outs should be fantastic agree
Curtis M: Watching $CBIO for wash outs and VWAP now
Lenny: Lower high on hourly $ES
Lenny: $CBIO float O/S share 1M and no PP on rader or offers
Lenny: $CBIO under fundamentals could see higher
Flash G: Interesting Lenny no PP or offering possible?
Lenny: Possible not likely
Lenny: Will liikely hold on wash-out of day for tomorrow’s run SWING!
Lenny: Could be an epic week
Lenny: Curt, all those algo reports etc were ready just not published re internet FYI so you can when you like.
Lenny: $CBIO doing what it should here. Should cool though 14 ish
MarketMaven: I had 16 Lenny so we’ll see
Flash G: $PNRA 52 week high
Lenny: 14 now
Lenny: Reversal on $DHT
MarketMaven: 16 on deck lol
Lenny: baha
Sammy T: hey guys internet juice ha nice
Sammy T: ‘m in $CBIO just didn’t think room was open re internet also in Oil looks good
Lenny: hey Sam
Lenny: $CBIO vol halt right before your 16 lol
Lenny: good call btw maven we’ll see if it caps there
Greg L: made it!
Lenny: hey Greg
mathew: WOuld love an oil update when things calm down if you can swing it Curt
Greg L: so u guys just bolt out of morning meeting and jack in u beat me
Lenny: yepp
Lenny: $OPTT lift 10%
Flash G: Good time for $VIX calls added
Lenny: ha
Flash G: $CMG on morning watch
Greg L: $VNCE flow
Lenny: $AUPH pressure
Lenny: $CBIO open
Lenny: thru 16
Lenny: unreal
Lenny: will be nice later this week when others can get on mic when Curt’s got his office full of preople like today lol
Lenny: $CBIO thru 17 on to 18 test
Lenny: $CBIO thru 17 and back to 16 could be temp cap
MarketMaven: and who called a cap on that range?
Lenny: haha
Lenny: ya your the momo queen i admit
Greg L: wow that helped the account out untl later
Flash G: Adding to select Fins on dps
Lenny: $VIX sub 12
Lenny: $CBIO should be good for wash-outs and a day or two swinging
Curtis M: Chat may be interrupted or stalled over next few mins while we reset a server
Sandra Q: nice day
Trent P: $AKER is a great chart
Curtis M: Still internet spikes so if you get kicked out sorry they should have it done soon
Shafique: $CBIO 18 tap
MarketMaven: howdie shaf!
Shafique: hi mm long time
Shafique: long $CBIO 13.10 btw
Lenny: I think we all r
Lenny: $CBIO only 250%
Lenny: Einhorn chatter on $GM fyi
David Z: $VSR tape tweaks
David Z: $VSR volatility sorry
Flash G: Back in.
Flash G: The room that is.
Lenny: $KBSF vol pause
Flash G: Einhorn news on $GM
Lenny: $KBSF serious momo wow
Lenny: I don’t normally trade oil but when I do haha… anyway, I followed you guys in yesterday – thought I’d let you in on it
Lenny: $MEEC 26%
Lenny: $RGSE HOD

MarketMaven: $KBSF really strong play
MarketMaven: $OMER popping
MarketMaven: $MYOS on watch now should be soon
MarketMaven: $USRM up again and massive in flows for OTC
Lenny: White House on lock down
Flash G: $BAC swing positive adding on dps
Lenny: Suspicious package nereby
Flash G: $SNAP lows
Flash G: $XLE 3MM block
Sammy T: $SYPR jig
Lenny: $REGN halt
Lenny: Have to reset all my charts for aft session that will likely start early – back in a few
Sammy T: Done for morning see you guys in a while
MarketMaven: Yes. Early lunch. Back soon.
OIL KING: Oil exceptional day
OIL KING: Its at fib algo res there so this is an intraday test
Flash G: 9 of 10 swings are positive on day
OIL KING: Oil tapped that algo line perfect
David Z: $DFFN news
Trent P: $SHLD squeeze
David Z: lunch ty!
Lenny: lunch sounds right:)
Lenny: $REGN resume 12:05
Lenny: $SNY 52 week highs
Lenny: $CBIO above VWAP
Curtis M: Lining up a great looking afternoon.
Curtis M: $CBIO VWAP tempting
Lenny: yes siry
MarketMaven: serious morning
Curtis M: $SSH on scanner…… early
Lenny: Curt Your $SSH swing looking really good here! I’m nin and adding when opp presents
HedgehogTrader: Curt, remember i said to watch for copper to start to rally? bam
HedgehogTrader: $TGB has been my copper pick
clay: Nice call Hedge
Lenny: Curts dealing with an office full of people today Nicholas — hes checing in every 15 mins or so
Lenny: Serious internet problems near office with contruction crews
Curtis M: Leaderboard: $CBIO $AKER $DFFN $PSIX $GRVY $IMMY $KBSF $SSH $JYNT
Curtis M: Nice call Nich!
HedgehogTrader: yup thanks and watch $FCX
HedgehogTrader: climbing now
Lenny: Not sure if anyone noticed but Oil broke up in to next price quadrant right at algo apex yesterday – when daily post market report comes out on you can see OILK talking about it in room yesterday
Lenny: Anyway OILK on target
HedgehogTrader: bullish percent energy chart $BPENER has 28% of oil stocks in an uptrend, the lowest reading in a very long time
Nicola A: good one Hedge
Nicola A: I opened oil long yesterday on the group alerts
clay: Happy man with the swing trades wayyyy up
clay: $TSLA I was worried about but it looks great.
Lenny: $TECK 200 D
HedgehogTrader: $TSLA really smokin
HedgehogTrader: it’s in the $LIT Lithium ETF with a 5% weighting
HedgehogTrader: $LIT has been showing a lot of relative strength vs oil
clay: thats for sure
Flash G: Lithium growth for a long time IMO
Flash G: I have to hand it to Curt, that Swing Trade Watchlist I just reviewed again on the day and couldn’t be more spot on. Mashed with mine perfect.
Flash G: Where is he anyway?
Flash G: Oh right internet chaos.
Flash G: Seems to be fine now.
Curtis M: here lol
Shafique: $TWLO could be good swing set-up.
Flash G: Yes on my list.
MarketMaven: $CBIO break out HOD happens and in
MarketMaven: Here comes the break out
Trent P: $KBSF tape strengthening here
Trent P: $ZSAN added to biotech daytrade watchlist
Trent P: $VIX destoryed again
David Z: $AKER nhod
Trent P: $RGSE add to swing trade here. PT still 37% higher 2017
David Z: $CBIO holding VWAP but it might wait until tomorrow.
Lenny: Flash – $CMG !
optionsavvy: GM
optionsavvy: anyone looking short ion indexes ?
optionsavvy: intraday time frame
Lenny: $IZEA Vol Trading Halt
Lenny: $IZEA Resumed
Lenny: $USRM up 43% Nice call on that run Curt
Lenny: $XIV up 4.63% on the day
HedgehogTrader: $DRYS perky
Shafique: $VIX incredible what one day can do
Shafique: Oil may not be a bad long here in advance EIA
Shafique: Also $GOOGL chart screams a leg up
optionsavvy: starter short IWM here
Lenny: $GDX coming in on important support
Lenny: The Fib or the channel should send $GDX up

Curtis M: Cut $DFFN 4.40 wasn’t acting right
Curtis M: maybe it will go
Lenny: $CBIO fundys pos off or PP
David Z: Realllly
Curtis M: If you’re long $CBIO pay note to Lenny’s post
Curtis M: There’s $SSH up 28%
Curtis M: Hopefully I can clear that bag
Lenny: its a bag clearing day
Steve U: I was thinking long ssh
Lenny: It’s a low floater so it could fly Steve $SSH
Lenny: I’ve seen it on Curt’s bag list for some time
Flash G: Great $BAC dag
Flash G: day
Lenny: Closing $AKAO for a boom
Flash G: Rolling out of 50% $BAC
Curtis M: $USRM been beating the table for some time on it – NOW UP 7 X from my original call and I’ve been bull the whole beating the table. And it’s not done.
Lenny: true that
Lenny: I caught first wave that was it
Flash G: $SSH likely after hours or premarket runner
Flash G: seems logical
Flash G: What a great day guys and mams
MarketMaven: Yes!!! Yes!!!
Flash G: I was able to roll out of some and in to some other but less 30% loaded after today.
Flash G: I wouldn’t close $SSH yet Curtis.
sherrry: I have to agree.
sherrry: i am in it
sherrry: Relatively strong close on $SSH
sherrry: bye guys
MarketMaven: see you
Curtis M: see ya later guys
Lenny: have a good one Curt and crew

Be safe out there!

Follow our lead trader on Twitter:

Article Topics:  $UWT, $USOIL, $WTIC, $CBIO, $DFFN, $PSIX, $SSH – $XOM, $NE, $ONTX, $DUST, $TRCH, $LGCY, $SSH, $ASM – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Trading 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


Compound Trading Chat Room Stock Trading Plan for Tuesday Mar 28, 2017; $XRA, $RXII, $PSIX, $CARA $USRM $WTI $USOIL $SPY $SPXL $XIV – $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 

Friday Stock Trading Results (Monday stock trading results are delayed until this evening)

The Quarterly Daytrading Performance Review P/L with Charting is Published.

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.

Most recent Keep it Simple Swing Charting Post (MACD, MA, Stoch RSI, SQZMOM focus):

Results of Gold trade vote are in!

Current Holds / Trading Plan:

We have yesterday’s inflection of Gold and Silver resistance, the US Dollar support, Oil at support, $SPY support and volatility $VIX starting to come alive. None of which broke through support or resistance and $VIX started to come back down.

Even though my holds are small in size I would like to start focusing on trading out of some of these, if not all. With the current downdraft in market I may not be able to get out of these for a while – VERY SMALL part of my portfolio now – I am 95% or more cash.

All small to mid size holds in this order according to sizing – $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:

I am watching my favorite OTC $USRM, I am in Oil related $UWT from yesterday looking to add on dips and I am looking at $XIV and or $SPXL in the $SPY related on dips on long side.

$XRA, $RXII and $PSIX are momos on watch, $CARA for a bounce and momo in premarket, $WTI $USOIL based on algo settings and current play and $SPY $SPXL and $XIV on chart intra-day trade possibilities.

Swing trades on watch for me again (in addition to our algorithm models because everything is either at resistance or support) today (some are same as from our swing trading platform side) are $BABA, $VRX, $NFLX, $WYNN, $XME, $URRE, $TAN, $TWLO, $GSIT, $ABX and considering adding $LIT to the list. Also recently added to watch $CEW, $MYL, $TZA, $TREE and today added are $NVDA, $SOXS, $KBH, $BCOR. Also on OTC side new are $USRM, $PLSB, $LIGA and $ASCK.

This post from yesterday proved timely for the Swing Trading side of our platform:

Interesting. $NVDA Daily MACD turned up, Stochastic RSI down, SQZMOM just turned green, price above MA’s. #swingtrading

$NVDA, Swing, Trading, Plan, Chart

Interesting. $NVDA Daily MACD turned up, Stochastic RSI down, SQZMOM just turned green, price above MA’s. #swingtrading

Morning Momentum Stocks / News and Social Bits From Around the Internet:

Morning momentum stocks watchlist: $XRA, $RXII, $PSIX, $CARA 

$PSIX, Premarket, Trading, Plan

$PSIX Up 53% Premarket

Gaps on these plays: 

News on these plays: 

Chart Set-Ups: Our algos – support and resistance everywhere.

Previous Day Momentum Stocks to watch: 

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 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: $XRA 57%, $RXII 46%, $PSIX 46%, $CARA 15%, $OCN $SB $CGIX $TSRO $EDIT $SBLK $RHT $GOGL $ASPS $DGAZ $CALA $TS $DRYS

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

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

(3) Other Watch-List:

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades: $CMC $CXP $PINC $SSL $PCTY $KRC $GNK $SBLK $GOGL $SB as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $FIS $KVHI $GPOR $EXC 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: $XRA, $RXII, $PSIX, $CARA $USRM $WTI $USOIL $SPY $SPXL $XIV  – $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, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F