Post Market Wrap Up Trading Day Comments “The World is Opening Up Again”
#daytrading #swingtrading #oiltrading
RE: Post market report with VIDEO covering trade reviews on day trading, swing and oil trading alert feeds, Volatility, Oil, SPY, GOLD, SILVER, BITCOIN, APPLE, TESLA, AMAZON, TWITTER, FACEBOOK, PAGER DUTY, CHEGG, OVX, GOOGLE and more.
My first post market review on cell phone recorded on YouTube, tomorrow I’ll try the camera on my phone sideways and see if I can get a larger field of view, if not maybe I’ll hobble around with my GoPro in future.
I’ve just been shooting these videos on Twitter but I’ll start to post them to Twitter, YouTube Facebook etc. Show folks where I am in my travels while I do a quick Market Wrap Up each day after our day trading session in the trading room. Sorry about the wind.
So it looks like the world is opening up, Florida was looking normal again, busy place now again.
In my trader premarket trading note this morning could see the run up coming on the day so I sent out a second premarket guidance note before market open.
We had the move dialed in and were ready for a great day of daytrading and swing trade positioning and management of booking profits.
Market Outlook
We got the bounce today we were looking for, we expected markets Monday to be soft and Tuesday to bounce and we got it.
Swing trade alert feed below shows guidance comments Monday morning toward general intra day outlook;
“General market view – I just surveyed the best 10 traders I know, all agreed on equities – watching only (likely pop Tuesday), I am concerned about possible drop in AMZN symmetry and on oil bullish to 25 – 30, trading 22.23 FX USOIL WTI.”
https://twitter.com/SwingAlerts_CT/status/1257326486056558593
General market view – watching only (likely pop Tuesday), concerned about possible drop AMZN symmetry, oil bullish to 25-30 trading 22.23 FX USOIL WTI. #swingtradealerts
Crude Oil
Oil trade is on a tear, we had alerted to the swing trade and oil trade alerts feed we were expecting the next leg up for 25.00 – 30.00 and it hit 26.62 today (so far) on FX USOIL WTI. API is on deck next here with EIA tomorrow.
Crazy bullish run. We seen a few day trade set-ups today, I got one at regular USA market open and the second set-up alerted to the oil trade alerts feed was a prime set-up.
I wrote an article on the oil day trade set-up (click here) based on a 200 MA buy trigger on the one minute chart, that ended up being the best intra-day buy / continuation point in oil. The price of oil rallied 147 points to a high of day at time of writing 26.62 and looks like it is about to break higher. The article has screen shots of the oil trade alert feed and charting and a step by step how to trade the strategy.
Alert from the oil trade alert premium feed below:
“On the 1 min time frame 25.15 200 MA is attractive test for a crude oil day trade pop up scalp – trading 25.68. #oiltradealerts.”
Oil trade alert premium feed 1 minute time frame 25.15 200 MA attractive test crude oil day trade scalp #oiltradealerts
Tech Leaders
Apple, Intel, Twitter we’re doing well in on our Swing Trading Alerts platform (members can refer to the charts).
Facebook, Google and Amazon I’ve sat out. I’ve always done well in all three but Amazon has a symmetry issue for a possible sell off in to beginning of September that I don’t like and the Tech leaders have other geo political black swan potential that I outlined in detail on the Swing Trading Alert Premium feed that our subscribers should review.
I may still take trades in $FB $GOOGL $AMZN but any of the tech leaders I will hold only with hard stops, again, the explanation is on the swing trade alert feed.
Gold, Silver, Bitcoin.
The swing trades, alerts and chart models have been running well in Gold, Silver and Bitcoin.
Bitcoin is stronger because of the BTC specific halving event and the 1200.00 cheques from the Fed.
Silver continues to struggle, I’ve explained to members – I think the most recent explanation for this expectation for Silver was on the weekend Swing Trading $STUDY videos, I go in to an explanation there. Silver is on the first of four videos from that $STUDY session.
And Gold is expected to be moderately strong and continue to trade well within the structure chart model that has been on point for many months.
Again, look at weekend $STUDY videos for details, charts and trading plan(s) for Bitcoin, Gold and Silver.
Volatility $VIX $OVX
Volatility is getting close to support / but triggers, we have a plan to accumulate in to the end of August 2020 that the Sunday Swing Trade $STUDY videos review.
A warning toward volatility surprises between here and election. Volatility, tech leaders and the whole market.
Miscellaneous Other Swing Trades.
TESLA I am shorting at key resistance points. This is my current nemesis.
CHEGG has been a payday swing trade over and over, today was quite a run up.
Pager Duty (PD) swing trade has been decent.
TGTX swing trade paid big on my 10% remaining runner today.
Apple (AAPL) had a big day, we continue to do very well with Apple swing trades, the model is very precise that we use.
Many more.
Daytrading Alert Feed.
Looking to get that new day trading alert feed rocking because I want maxed out Swing Trading positioning for personal best returns in the next two time cycles in the markets in to end of August, through election and thereafter. Basically I want to be able to size in to themes in to the election and the best way to do that is to have the swing trading models all firing also on a daytrading time-frame for the highest possible return on the trades.
How About that Mortality Rate?
anyone know the morbidity rate on the first? https://t.co/FIPO18DOdI
— Curtis Melonopoly (@curtmelonopoly) May 5, 2020
The End of the World Didn’t Happen!
Looks like it wasn’t the end of the world after-all (at least not this round), so I’m going to get some new free diving gear this weekend and start hitting it deep again next week. A pic of my front yard below a friend sent me today.
“The only place where I can find true silence 🐚💦 #illbebacksoon”. Stay safe, stay curious. The pristine waters of Dominican Republic will be waiting for you.
📸: @georgina_monti📍 Cabarete pic.twitter.com/8A4gm6vAHH
— Dominican Republic (@GoDomRep) May 5, 2020
2020 Trader’s Summit.
The minute we’re all off lock down I will be announcing our 2020 trader’s summit. Don’t miss this event in Cabarete Dominican Republic. This is 3 days of 12 hours a day deep study and trading with myself and our lead trader group.
Members get first pick on the in person seats (10). Price is 1999.00 and current members will be discounted 50%. If you can’t make it you can attend online (25 person maximum).
Sunday Swing Trade $STUDY Sessions.
Do not miss these swing trade study sessions, for 100.00 we serve up 10 session blocks of 4 hours of weekly deep trade set-up study. If you don’t 10x 100x or more return on that investment you should quit trading.
Weekly Sunday Swing Trade $STUDY Webinars 7-11 PM.
Prepare for Trading Week Set-Ups (Trades On Watch).
100.00/10 Weeks (40 hrs of study) members 50.00. Video provided if you can’t attend live.
$CL_F $USO $WTI $SPY $VIX $GLD $GC_F $SLV $BTC $USD $DXY
Weekly Sunday Swing Trade $STUDY Webinars 7-11 PM.
Prepare for Trading Week Set-Ups (Trades On Watch).
100.00/10 Weeks (40 hrs of study) members 50.00. Video provided if you can't attend live.https://t.co/OjnmpDlIvJ$CL_F $USO $WTI $SPY $VIX $GLD $GC_F $SLV $BTC $USD $DXY
— Swing Trading (@swingtrading_ct) May 3, 2020
Written reports will be out tonight for the follow up on the Sunday Swing Trading $STUDY session. Also new set ups, chart models and trading strategies coming for other new trades in play.
And don’t forget, pins can be pulled and likely will – stay awake and use stops if need be (see screen shots in tweets below)
Peace and best ,
Curt
I didn't just tell u a false flag was coming right before it came.
I didn't just tell u they would pull pins on financial markets right before they did.
I didn't just tell u COVID19 math was wrong day 1.
I have told u many things in advance, with timing.
🎯🏹🔥#timecycles
— Curtis Melonopoly (@curtmelonopoly) April 19, 2020
Dec 19 call for pins to be pulled, last time cycle published, Feb 13 out of long positions 90% (publicly) then we hammered down short $NKE $WYNN $MA etc..
Why is this important?
For a victory lap? How bout truth.#Timecycles, market instrument structure.
Natural law.
🎯🏹🔥 pic.twitter.com/sV4NgPrcqs
— Curtis Melonopoly (@curtmelonopoly) April 5, 2020
Article topics; post market, market, review, trades, day trading, swing trading, oil trading, alerts, Volatility, Oil, SPY, GOLD, SILVER, Bitcoin, APPLE, TESLA, AMAZON, TWITTER, Facebook, Pager Duty, CHEGG, OVX, GOOGLE
Good morning Traders!
Crude oil topped out yesterday in its run up from lows April 28 – now (at time of writing I see price is spiking in premarket and bulls may take another run at highs). The OPEC pump is on.
OPEC PRESIDENT CALLS ON GROUP TO EXCEED 100% CUTS COMPLIANCE
— Redbox Global (@RedboxWire) May 1, 2020
We wrote a two part article on the time cycle work we are doing in crude oil trade specifically to the one hour time frame, we called the intra-week top tick almost to the penny and time, days in advance. You can read the article that includes the oil trading room minute by minute with trade alerts here.
It is important for all instruments of trade if you’re going to trade the future markets to understand what the machines are doing, they do drive price along with other reasons of course.
Our machine coding to equities, commodities, currencies and crypto are all rooted in the discipline of the analysis you will find in that article I reference (it is a two part article that is thick and difficult to read but if you put aside an hour you will understand the concept and it will help you in any trading of any instrument for daytrading and swingtrading).
Our timing with the recent profit trims in Gold $GC_F $GLD $XAUUSD was excellent in the 1720s. Gold is now trading 1678.00 in premarket and we are looking at adds long at bottom of chart structure in your reports.
Natural Gas is up nicely this morning, we’re looking for adds to the long starter we have, however, I’m not sure where we are going to add, watch the alert feed.
Our profit trims in SP500 $SPY long positioning was executed quite well, we knew there was a high probability of time cycle inflections in to end of week (considering the Thursday afternoon oil time cycle peak) as alerted, so this worked out really well. Here also we’re looking for adds to the positioning, watch the alerts.
The Volatility long trade in to peak last cycle was near perfect with $VIX and $OVX (20s to 330s) and the alert last few days surrounding supports near was also spot on, we haven’t added to our long positioning yet, but it shouldn’t be far out.
The Bitcoin $BTC long positioning and recent trims on resistance are good but it’s still in bull mode this morning at time of writing 8938.00, so it’s an excellent swing trade no doubt, we’re watching for top of structure on model charting you have to see more profit trims.
Silver $SLV as expected is still under pressure and we’re just looking for adds to long positioning at chart model supports (see your reports).
Equities this recent cycle, timing was almost perfect, it was a great start to the cycle. I had called the cycle to start April 10, 2020 and the our models had it about 10 days prior (the models were closer than my call) but it couldn’t have been better. Timing cycles have been fantastic. Market highs we got, the down turn we nailed really hard and now this recent run up has been a good start. And even this week calling an interim rest in the cycle was spot on. Now we’re in $STUDY mode as we took our profits in to last few days.
I’ve received a number of personal notes from our Swing Trading Alerts platform users recently (on email mostly) and I think I’ll be asking you folks if I can post them anonymously to our website as swing trade reviews for other traders looking in to swing trading services. I appreciate hearing from you, it does make the work we do worthwhile when you hear about traders becoming disciplined consistently profitable traders. It will be good to meet as many of our new trading members as can make it out in the near future. Eventually most end up visiting the island.
Don’t miss the Sunday Swing Trade $STUDY Webinar series restarting this Sunday at 7 pm. If you’re not a registrant there are still 4 spots for this Sunday. If you can’t attend live the videos are sent out thereafter.
I will be in a location this weekend again where high speed stable internet is 100% as we know the area well.
Next week will be very active in the live trading room and we start daytrading the swing trade set-ups on lower time frames also soon (this requires us updating the swing trade charting to lower time-frames for daytrading, coming soon).
EPIC V3.1.1 crude oil trading alerts have been firing very well post Black Swan code updates. Last night taking a short side trade that was almost to the minute perfect. Huge range in that short so it worked out well for our oil traders.
Beauty of a short sequence EPIC V3.1.1 started at 1:00 AM, see article(s) pinned on my account.#OOTT $CL_F $USO $USOIL pic.twitter.com/fkT4U49HGY
— Curtis Melonopoly (@curtmelonopoly) May 1, 2020
Beauty of a short sequence EPIC V3.1.1 started at 100 AM, chart, alert and article that explains why and how we knew the top price and time explained on this thread $USO $CL_F $UCO $SCO $GUSH $XLE
Themes will be the power of returns in the next time cycles in to the election and beyond, we’re working at these every day and you can expect a lot more swing trade set-ups over the weekend and in to next week.
this is the big risk management, sizing bias Q 💯🎯
imo add some critical thought toward who / which narratives are taking hold in the information war and you can size your themed trades within the cycles for best ROI https://t.co/kYO4pwr0or
— Curtis Melonopoly (@curtmelonopoly) May 1, 2020
Today my advice is to go very easy, put your time in to $STUDY, every hour invested in preparation for markets pays massive dividends.
I wouldn’t expect super active trade in the live room today, but you never know. I would however expect such next week to be extremely active as I’ll have my high speed line to work with and there are a number of videos I need to do, like a $STUDY on how to scan for swing trade set-ups, how to trade the one hour crude oil model we’ve recently locked in for our oil traders and various others.
back to surfer class living this weekend
a month behind the wall all i could muster… security of armed guards, tranquility, conveniences, pool were all nice but…
i love the ocean 🐳🌊🍉🧉⛱️💙🤿🍍🌴🐙
internet already installed and ready, and stable (we know the area)
— Curtis Melonopoly (@curtmelonopoly) May 1, 2020
Oh, and I have the most recent time cycle swing trade profit and loss in my hands, I’ll review and add study notes and send out this weekend. This will also help those looking for a current trade position listing. Blow out performance, it’s getting better as we go, which is good of course!
If you want direct access to me on Whatsapp send your request on email and I’ll connect on there with you. It works well as sometimes I am away from my trading desk and if you need a hand with a trade I’m right there right now.
As always if you need anything be sure to email compoundtradingofficial@gmail.com and have a great weekend!
Thanks
Curt
Article Topics; Premarket, Trading Room, #OPEC, #OOTT, $CL_F, $USO, Gold, Silver, $VIX, $SPY, $NG_F, $BTC, Themes, Swing Trading, $STUDY, Webinar, machine trading, time cycles, positioning, P&L