Silver Archives - Page 13 of 14

Dec 2016

My Stock Trading Plan for Thursday Dec 1, 2016 in Chatroom. $GOLD $SILVER $USOIL $WTI, $USD/JPY $SPY $VIX $NATGAS … more.

Welcome to the Thursday Wall Street trading short day session! There isn’t much new here – we’ve been unusually busy with algos! When free time allows today we will be reviewing algos in the room etc.

Algo work – EPIC is going to Patent this Monday – expect significant price increases this weekend. We will grandfather existing subs – yes. EPIC also is going to have 24 hour room of his own and futures trading starting sometime Jan. GOLD and SILVER algo price increases this weekend also. DXY SPY VIX beta algos published over coming days not weeks.

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), 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 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 (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: Shippers, Energy, $BLUE $CLRB $BSTG $CBK $CLC $DRYS $GLBS, $DCIX $COTV $LEI $SDRL $SKX $UGAZ $UWTI $QIWI $WLL $CS $CHK $OAS $JDST $UCO I will update before market open or refer to chat room notices.

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

(3) Other Watch-List: $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $JUNO (previous wash-out on news) $URBN (previous wash-out on news).

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

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

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

Outlook: My bias is still to new highs – I warned Friday of a pull-back and it could be here and Monday morning and it came. I’m looking for a long entry soon. I’m thinking we don’t see it cool again until near Christmas – we’ll see.

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

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

Outlook: As warned Friday volatility was getting cheap and a pop was imminent and we got it. I expect volatility to get crushed between now and Christmas. Again, we’ll see.

Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

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

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

Inflection point. No clear direction. Our $DXY algo had 100.50 as a PT so I’m watching. Lots of fundamentals at work here and geo.

My Trading Plan for Currencies / Global Markets:

Per previous;

$UUP (long US Dollar) seems to be a bit extended obviously, so this opportunity is a tad long in the tooth if you ask me – same with $USD/JPY. So for $GOLD and the miners $GDX watch the $USD/JPY closedly.

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

Review Rosie the Gold Algo posts. We’re waiting for a market direction and then algo will calculate targets.

My Trading Plan for Gold:

Per previous;

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

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

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

My Plan for Trading Silver:

Per previous;

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

Other equities I like for Silver trade: $AUMN (penny stock)

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

Refer to EPIC’s Twitter feed.

Outlook: Per previous

We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: Oil equities.

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

Natural Gas: ($UGAZ, $DGAZ):

Pre previous;

As I said, was waiting for 3.10 with back test.

BUT there is the 200 day on the 1 week chart – omminous! It could be resistance.

Study:

Watch that $SKLN wash out snap back trade on YouTube I posted if you want to learn your indicators!

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 (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: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $SKLN, $ANF, $JUNO, $URBN, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS

Nov 2016

My Stock Trading Plan for Tuesday Nov 29, 2016 in Chatroom. $SKLN, $JUNO, $ANF, $URBN, $GOLD, $SILVER, $USOIL $WTI, $USD/JPY $SPY $VIX $NATGAS … more.

Welcome to the Tuesday Wall Street trading short day session!

Algo work – As of right now our algorithms are calculating and we have posted updates for EPIC the Oil Algo, Rosie the Gold Algo and SuperNova Silver on this blog this morning.

We are working on $SPY, $VIX, $DXY algo blog posts now and will be ready for release this week.

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I posted a video series this weekend on wash-out snap-backs.

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 (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: $CYTR $CBMX $OCUL $MIME $DWTI $HTBX $P $JDST $TIF $DUST $SCO $ZTO $PZRX $FBR $DGAZ $AMD $BCS $DB 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: $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $JUNO (previous wash-out on news) $URBN (previous wash-out on news).

(5) Upgrades: I will update before market open of refer to chat room notices.

(6) Downgrades: I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

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

Outlook: My bias is still to new highs – I warned Friday of a pull-back and it could be here and Monday morning and it came.

$SPY Intra Day Trading – White arrow was alert on blog of imminent pull back.

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

Outlook: As warned Friday volatility was getting cheap and a pop was imminent and we got it.

$VIX White arrow was blog post warning of imminent elevation in price.

I expect volatility at market inflection points and then continue to get crushed. Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

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

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

Outlook: From yesterday blog

“As I warned last week “Be careful here now because the $USD/JPY chart (although not broken and still bullish) is showing a rounded top forming. So the chart is changing now – caution IMO. It did also hit a Fib extension and bounced off a Fib support and is sitting between two Fib points”.

Watch it close – I expected a pull-back but expect it to run again.”

It’s running again.

$USDJPY Blog at first arrow warned of pull-back and at second arrow that it could take off again.

My Trading Plan for Currencies / Global Markets: $UUP (long US Dollar) seems to be a bit extended obviously, so this opportunity is a tad long in the tooth if you ask me – same with $USD/JPY. So for $GOLD and the miners $GDX watch the $USD/JPY closedly.

Emerging markets should be watched close now very closely IMO ($EEM, $EEV, $EDZ)

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

There is a full blog post this morning Nov 29 so I’ll ask you to refer to it – read it closely. Take a look at Rosie the Gold Algo Twitter feed and Gold blog post update from this morning (and if you haven’t seen the recent ones it’s best to review them too if you’re trading Gold).

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

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

As with Gold, there is a full blog post this morning Nov 29 so I will ask you to refer to it and you can also check out SuperNova algo Twitter feed if you like.

Read the post carefully before trading Silver please!

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

Other equities I like for Silver trade: $AUMN (penny stock)

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

As with Gold and Silver, there is a complete blog this morning Nov 29 that I will ask you to refer to.

IMPORTANT: Watch out for OPEC! Decision to come at latest tomorrow Nov 30 they say!

Outlook: We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: Of course I am waiting for OPEC decision but am in long $UWTI on small position in swing account. I commented on this in trading review from last night.

Natural Gas: ($UGAZ, $DGAZ):

As I said, was waiting for 3.10 with back test.

BUT there is the 200 day on the 1 week chart – omminous!

$NATGAS Looks like a possible short at 200 day on 1 week to me.

Study:

Watch that $SKLN wash out snap back trade on YouTube I posted if you want to learn your indicators!

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: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CYTR, $CBMX, $SKLN, $ANF, $JUNO, $URBN, $GOLD, $SILVER, $USD/JPY, $USOIL $WTI, $VIX, $SPY, $NATGAS

Nov 2016

SuperNova $SILVER Trading Chart Update Nov 29 $SLV ($USLV, $DSLV)

SuperNova Silver Algo $DSLV, $USLV, Algorithms, Chart, Chatroom, Commodities, Fibonacci, Indicators, Silver, SLV, Stocks, SuperNova Silver Algo, Trading, Wallstreet Supernova Silver

Silver Trading Chart Update Nov 28 $SLV ($USLV, $DSLV) Chart and Algorithm Observations

November 29, 2016 SuperNova Silver Algo Charting Trading Report.

My name is SuperNova the Silver Algo. Welcome to my new Silver trade report. These reports will become more and more detailed as the days and weeks go forward. You can follow my intra day tweets here SuperNova Silver Algo Twitter Feed. IMPORTANT: Be sure to review my previous post on this blog (and my Twitter feed) as these posts are a micro part of the whole picture required to use my work for a trading edge.

How My Algorithm Works and Availability:

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

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

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

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

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

Silver Trading Observations:

At time of writing Silver is trading at 16.54. Some thoughts that may help advance you trading edge;

$SILVER intra-day 16.54. $SLV $USLV $DSLV

Above 618 FIb still on 1 day. $SILVER intra-day algo chart worksheet 607 AM Nov 29 $SLV $USLV $DSLV

Watch these fibonacci levels on the 1 day – they will give you a trading range.

20 50 100 200 MA still not aligned for break-out on 15 min. $SILVER intra-day algo chart worksheet 612 AM Nov 29 $SLV $USLV $DSLV

Taking a trade long until these are lined up isn’t a great idea.

Price over algo price target. Waiting for trade trigger. $SILVER intra-day algo chart worksheet 612 AM Nov 29 $SLV $USLV $DSLV

Price – Trigger – Trade. If you don’t know what this means you need to do some study. Google. Wait for your trigger before you trade it follks! I will help you with levels and algo targets but I can’t teach everyone the basics. Not trying to be cheeky – just fact. You shouldn’t be trading with-out the basic 101 price, trigger trade knowledge in place. Comments as a result of a number of people recently telling me they don’t understand the charting. If you want to understand the charting and actually profit trading you need the basics first. $STUDY.

Intra-day Fib levels to watch. $SILVER intra-day algo chart worksheet 627 AM Nov 29 $SLV $USLV $DSLV

For the snipers…. here’s your levels intra – but respect the above warnings please.

Indicators:

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

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

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

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

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

SuperNova Silver Algo

Article Topics: SuperNova Silver Algo, Commodities, Stocks, Wallstreet, Trading, Chatroom, Silver, Chart, Fibonacci, Indicators, Algorithms, $SILVER, $SLV, $USLV, $DSLV

Nov 2016

My Stock Trading Plan for Monday Nov 28, 2016 in Chatroom. $SKLN, $JUNO, $ANF, $URBN, $GOLD, $SILVER, $USOIL $WTI, $USD/JPY $SPY $VIX $NATGAS … more.

Welcome to the Monday Wall Street trading short day session!

Algo work – As of right now our algorithms are calculating and we have posted updates for EPIC the Oil Algo, Rosie the Gold Algo and SuperNova Silver on this blog this morning.

We are working on $SPY, $VIX, $DXY algo blog posts now and will be ready for release this week.

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

I posted a video series this weekend on wash-out snap-backs.

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 (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: $CUBA, $HTBX, $IDRA, $UGAZ, $TIME, $JNUG, $NUGT, $UNG $LABD $MDGS $USLV $DWTI $TVIX $UVXY $AG $UGLD – I Will Update Before Market Open or Refer to Chat Room.

(2) Pre-market Decliners Watch-List: – I Will Update Before Market Open or Refer to Chat Room.

(3) Other Watch-List: $ANF (previous wash-out on news), $SKLN (previous wash-out on news), $JUNO (previous wash-out on news) $URBN (previous wash-out on news).

(5) Upgrades: $ZION $USB $CMA $NTES $WPX $HZNP $BRX $LNN $FMC $DE $CNHI $AVD $AGCO $LB $GPS $FHN $ESS $AVB $DRE $PLD $DFT $SWN $AKAO $COP $FNSR

(6) Downgrades: $HBAN $C $TUP $HAS $BPFH $ASB $RNST $WFC $RF $HLT $KRC $MAR $CEB $CRHM $RHI $SQM $MHLD $MET $HRB $HIG $PNRA $SF $MENT

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

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

Outlook: My bias is still to new highs – I warned Friday of a pull-back and it could be here – so watch close now.

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

Outlook: As warned Friday volatility was becoming cheap insurance – it’s getting a pop this morning – so watch carefully now. I expect volatility at market inflection points and then continue to get crushed. Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

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

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

Outlook: As I warned last week “Be careful here now because the $USD/JPY chart (although not broken and still bullish) is showing a rounded top forming. So the chart is changing now – caution IMO. It did also hit a Fib extension and bounced off a Fib support and is sitting between two Fib points”.

Watch it close – I expected a pull-back but expect it to run again.

Emerging markets should be watched close now very closely IMO ($EEM, $EEV, $EDZ)

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

There is a full blog post this morning so I’ll ask you to refer to it – read it closely. Take a look at her Gold Twitter feed and Gold blog post update from this morning.

My Trading Plan for Gold: I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

As with Gold, there is a full blog post this morning so I will ask you to refer to it. Silver blog post update this morning.

Read the post carefully before trading Silver please!

My Plan for Trading Silver: Same as Gold, I’m going to start chewing around the edges of stocks like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

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

As with Gold and Silver, there is a complete blog this morning that I will ask you to refer to. Oil charting update.

Outlook: We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: We have been successfully trading the range with various instruments in the trading room.

Natural Gas: ($UGAZ, $DGAZ):

As I said, was waiting for 3.10 with back test – it’s back testing now!

$NATGAS I was looking for 3.10 with a back-test – here’s the test.

Other Sectors, Indices, International Etc:

Study:

Watch that $SKLN wash out snap back trade if you want to learn your indicators!

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: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $SKLN, $ANF, $JUNO, $URBN, $GOLD, $SILVER, $USD/JPY, $SKLN, $JUNE, $ANF, $USOIL $WTI, $VIX, $SPY, $NATGAS

Nov 2016

SuperNova $SILVER Trading Chart Update $SLV ($USLV, $DSLV)

SuperNova Silver Algo $DSLV, $USLV, Algorithms, Chart, Chatroom, Commodities, Silver, SLV, Stocks, Trading, Wallstreet Supernova Silver

Silver Trading Chart Update Nov 28 $SLV ($USLV, $DSLV) Chart and Algorithm Observations

November 28, 2016 SuperNova Silver Algo Charting Trading Report.

How My Algorithm Works and Availability:

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

Silver Trading Observations:

At time of writing Silver is trading at 16.67. Some thoughts that may help advance you trading edge;

$SILVER intra-day price. $SLV $USLV $DSLV

First Some Review to Understand Context of My Algo and Charting:

$SILVER @SuperNovaAlgo nailed price target posted last fee months on Silver! $SLV $USLV $DSLV Algos dialing in nicely.

$SILVER @SuperNovaAlgo nailed price target posted last fee months on Silver! $SLV $USLV $DSLV Algos dialing in nicely. pic.twitter.com/pozPnJq34a

— Curtis Melonopoly (@curtmelonopoly) November 24, 2016

Silver – Grey bar on chart shows price target we published at arrow. $SILVER $SLV ($USLV, $DSLV)

Silver – Grey bar on chart shows price target we published at arrow. $SILVER $SLV ($USLV, $DSLV) pic.twitter.com/VVctt0dzZm

— Supernova Silver (@SuperNovaAlgo) November 25, 2016

Silver – On the 5 min you can see clearly how price action came right in to our price target. $SILVER $SLV ($USLV, $DSLV)

Silver – On the 5 min you can see clearly how price action came right in to our price target. $SILVER $SLV ($USLV, $DSLV) pic.twitter.com/W15zUBKU06

— Supernova Silver (@SuperNovaAlgo) November 25, 2016

Silver – Here’s what happened last time 20 50 100 200 on 15 lined up. $SILVER $SLV ($USLV, $DSLV)

Silver – Here's what happened last time 20 50 100 200 on 15 lined up. $SILVER $SLV ($USLV, $DSLV) pic.twitter.com/gogF1YTLCj

— Supernova Silver (@SuperNovaAlgo) November 25, 2016

$SILVER Bounced off algo price target and FIB key level. $SLV $USLV $DSLV

$SILVER Bounced off algo price target and FIB key level. $SLV $USLV $DSLV pic.twitter.com/P7CfETFg0y

— Supernova Silver (@SuperNovaAlgo) November 28, 2016

$SILVER 20 MA has crossed 50 MA on 15 min (see previous post on 20 50 100 200 on 15 min). $SLV $USLV $DSLV

$SILVER 20 MA has crossed 50 MA on 15 min (see previous post on 20 50 100 200 on 15 min). $SLV $USLV $DSLV pic.twitter.com/v8kGk8bQOn

— Supernova Silver (@SuperNovaAlgo) November 28, 2016

$SILVER Has to defend the key Fib level and 20 50 100 200 on 15 min have to line up for break-out. $SLV $USLV $DSLV

$SILVER Has to defend the key Fib level and 20 50 100 200 on 15 min have to line up for break-out. $SLV $USLV $DSLV pic.twitter.com/rhfxKEEltE

— Supernova Silver (@SuperNovaAlgo) November 28, 2016

Indicators:

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

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

SuperNova Silver Algo

Article Topics: Commodities, Stocks, Wallstreet, Trading, Chatroom, Silver, Chart, Algorithms, $SILVER, $SLV, $USLV, $DSLV

Nov 2016

Pre-Market Newsletter Friday Nov 25. $GOLD $SILVER $USOIL $WTI $USD/JPY $NATGAS … more.

Trading Plan $ANF, $JUNE, $NATGAS, $SKLN, $USOIL $WTI, Chatroom, Day-trading, Gold, Pre-Market, Silver, Stockmarket, Stocks, Trading Plan, USD/JPY, Wall Street, Watchlist Curt Melonopoly

My Stock Trading Plan for Friday Nov 25, 2016 in Chatroom. $GOLD, $SILVER, $USOIL $WTI, $USD/JPY $NATGAS … more.

Welcome to the Friday Wall Street trading short day session!

Algo work – As of right now our algorithms are calculating and we have posted updates for EPIC the Oil Algo and Rosie the Gold Algo on this blog and some updates on SuperNova Silver Twitter Feed (blog post in process) and we are working on $SPY, $VIX, $DXY algo blog posts over weekend. Sorry we’re running a little behind, but there’s been a massive to-do list getting room up and running properly and quite frankly these are not normal markets.

Market Outlook

Momentum Stocks (Market Open and Intra-Day):

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 (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: – I Will Update Before Market Open or Refer to Chat Room.

(2) Pre-market Decliners Watch-List: – I Will Update Before Market Open or Refer to Chat Room.

(3) Other Watch-List: $ANF (wash-out on news), $SKLN (wash-out on news), $JUNO (wash-out on news) $URBN (wash-out on news).

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

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

Outlook: My bias is still to new highs – but a pull-back will come soon – so watch close now.

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

Outlook: Volatility is becoming a cheap insurance – so watch carefully now. I expect volatility at market inflection points and then continue to get crushed. Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

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

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

Outlook: The real story here right now obviously is the $USD/JPY trade and various other currencies being pounded by the US Dollar. Be careful here now because the $USD/JPY chart (although not broken and still bullish) is showing a rounded top forming. So the chart is changing now – caution IMO. It did also hit a Fib extension and bounced off a Fib support and is sitting between two Fib points.

Emerging markets should be watched close now very closely IMO ($EEM, $EEV, $EDZ)

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

As you likely know Gold hit Rosie the Gold Algo price target she predicted months back! Yeehaw! So watch it close now. Take a look at her Gold Twitter feed and Gold blog post update from this morning.

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

— Curtis Melonopoly (@curtmelonopoly) November 24, 2016

My Trading Plan for Gold: I will start chewing around the edges of stocks like $NUGT and $GLD likely – very possibly today. The idea is to get on the right side of the trade and trend.

$GOLD Algo intra work sheet charting. Nov 25 754 AM $GLD ($UGLD, $DGLD) Gold Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

As with Gold our Silver algo SuperNova the Silver Algo nailed the price target! Yeehaw x 2!

$SILVER @SuperNovaAlgo nailed price target posted last fee months on Silver! $SLV $USLV $DSLV Algos dialing in nicely. pic.twitter.com/pozPnJq34a

— Curtis Melonopoly (@curtmelonopoly) November 24, 2016

There are a number of posts on his Twitter feed and a full blog post will be out this weekend.

My Plan for Trading Silver: Same as Gold, I’m going to start chewing around the edges of stocks like $USLV and $SLV attempting to get on right side of trend trade.

Other equities I like for Silver trade: $AUMN (penny stock)

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

Outlook: We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: We have been successfully trading the range with various instruments in the trading room.

Natural Gas: ($UGAZ, $DGAZ)

Natural gas IMO isn’t ready until it breaks 3.10 on back-test. So that’s what I’m watching for.

Other Sectors, Indices, International Etc:

Study:

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: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GOLD, $SILVER, $USD/JPY, $SKLN, $JUNE, $ANF, $USOIL $WTI, $NATGAS

Nov 2016

My Stock Trading Plan for Wednesday Nov 23, 2016 in Chatroom. $LLI, $JUNO, $IBB $LABU $LABD $AXON, $SKLN, $USOIL $WTI, $NATGAS … more.

Welcome to the Wednesday Wall Street trading session!

Algo work – As of right now our algorithms are calculating and we are commencing publication of algo charting for the following charting starting this morning for: $SPY, $USOIL $WTI, $VIX, $DXY, $GOLD, $SILVER – any not completed before market open will be available prior to market open Thursday! Sorry we’re running a little behind, but there’s been a massive to-do list getting room up and running properly and quite frankly these are not normal markets.

Get ready for a huge day!

Market Outlook

$JUNO – 30 and $LLI Eli Lilly and others are getting smoked this morning – so the obvious watch is this basket / sector. $IBB $LABU $LABD $AXON all on watch too.

$LABU and $LABD may have some nice trading range today. ⤵😲 https://t.co/2jxy5Uou73

— Curtis Melonopoly (@curtmelonopoly) November 23, 2016

EIA is at 10:30 EST

Gas as 12:00 EST

Reminder..
EIA's weekly gas stocks report will be released one day in advance on Wed, Nov. 23 at 12:00 p.m. EST (1700 GMT) #OOTT #energy #NG

— Mark Scullion (@mscullion) November 23, 2016

Urban outfitters down 10%

$URBN Down 10.92%… on watch. Urban Outfitters.

— Curtis Melonopoly (@curtmelonopoly) November 23, 2016

Durable goods higher than expected… treasury way up.

Breaking (8:30 AM EST): US durable goods orders up 4.8% in Oct vs 1.5% increase expected.

— Curtis Melonopoly (@curtmelonopoly) November 23, 2016

Weekly Jobless Claims as expected.

Breaking (8:31 AM EST): US weekly jobless claims total 251,000 vs 250,000 estimate.

— Curtis Melonopoly (@curtmelonopoly) November 23, 2016

Generally speaking the markets obviously are in a Trump win rally (which we predicted and posted prior to the election – just keeping it real). BUT, now here’s the warning!

Our algorithms posted long time ago $DXY US Dollar price target of 100.50 (which it hit and continued to rally), $GOLD price target not far below where it is trading now, and a $SILVER price target not far below where it is trading now. Of course we published algo targets and various info for the others including $SPY, $VIX and FX: $USOIL $WTI – but for the purpose of this warning – this is about the dollar, gold, and silver.

The warning is that we fully expect a rip in Gold and Silver and for the $USD/JPY to back off. This will create a series of snap-back scenarios… too many to post right here right now. SO IN SHORT, I am saying that we don’t expect the broad global markets to continue on a bull train for much more than say about 10% ish at most more. NOW CAREFUL, I am not saying the S&P 500 for example only has 10% more to the upside – not at all (I posted long before the election we had targets for a face ripper rally in $SPY after the election). BUT WHAT I AM SAYING is that many sectors are going to have a snap-back.

So watch closely over the coming days and weeks for that in various areas of the market. We expect commodities like Gold and Silver to snap back, the $USD/JPY to back off, the price of oil to rally in to the spring and a number of other areas of markets.

SO THIS MEANS (for me) that I need to get on a complete exploratory of opportunities this will represent – I hope to have something consolidated this weekend.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks (at times), 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. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter 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 (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: $REXX $DE $LABD $ZBIO $TXMD $AVXL $VEEV $JDST $CNHI $MRNS $GME $OPTT – I Will Update Before Market Open or Refer to Chat Room.

(2) Pre-market Decliners Watch-List: – I Will Update Before Market Open or Refer to Chat Room.

(3) Other Watch-List: $ANF (watching for exit on my swing), $SKLN for wash-out and snap-back, Steel $X, $AKS, $NUE, $CLF, .

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

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Going well. Abercrombie $ANF Swing Trade trading at 15.49 Tuesday Nov 22, 2016 – entered at 14.96 3000 shares last Friday. pic.twitter.com/UbX8Rq3R5N

— Curtis Melonopoly (@curtmelonopoly) November 23, 2016

Regular Trades:

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

Outlook: My bias is still to new highs – but a pull-back will come – so watch close now.

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

Outlook: I expect volatility at market inflection points and then continue to get crushed. Watch for volatility to rise on a trend – even if $SPY is still rising – volatility is a great indicator for what’s around the corner.

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

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

Emerging markets should be watched close now very closely IMO ($EEM, $EEV, $EDZ)

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

On Friday I wrote and it still stands,

For me Gold and Silver is going to be the big story soon. It should start to get some lift if only for a short time and that process may go on for a while – so I will snipe as that occurs. I have started to chew around the edges with tight trades but nothing yet. The idea is to get on the winning side of the reverse when it occurs. Watching $USD/$JPY close and $DXY and $FXY for clues on Gold and miners movements.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

As I wrote on Friday,

As with Gold I’m awaiting buy trigger on Silver – here again I will chew around the edges sniping until the reverse trend occurs.

Other equities I like for Silver trade: $AUMN (penny stock)

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

Outlook: We are bullish oil and have been for some time (since it bottomed in its most recent trading range).

Trading Plan: We have been successfully trading the range with various instruments in the trading room.

Natural Gas: ($UGAZ, $DGAZ)

Natural gas IMO isn’t ready until it breaks 3.10 on back-test. So that’s what I’m watching for.

Other Sectors, Indices, International Etc:

Healthcare on watch. Treasuries on watch.

Study:

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

Topics: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $LLI, $JUNO, $IBB $LABU $LABD $AXON, $USOIL $WTI, $NATGAS

Nov 2016

Pre-Market Newsletter Friday Nov 18 ($GOLD, $SILVER, $USD/JPY, $IWM, $RWM, $FAZ, $USOIL, $GDX… more.)

Trading Plan $SCO, $UCO, $USOIL $WTI, Chatroom, Day-trading, DXY, Gold, Pre-Market, Silver, SPY, Stockmarket, Stocks, Trading Plan, VIX, Wall Street, Watchlist Curt Melonopoly

My Stock Trading Plan for Friday November 18, 2016 in Chatroom.

Welcome to the Friday Wall Street trading session!

Algo work – As of this Monday our new equipment will be up and running full steam so I’ve scheduled next week in the room (when market is quiet) for algo work – we’re running the algo updates now for $SPY, $USOIL $WTI, $VIX, $DXY, $GOLD, $SILVER – lots of updates coming for next week!

Firing up $GOLD $SILVER $DXY $SPY $VIX $USOIL $WTI algorithm charts. Updates between now & Mon on blog. https://t.co/gVwyx9OY6Q #inflection

— Curtis Melonopoly (@curtmelonopoly) November 17, 2016

Market Outlook

The world markets in my opinion are at an inflection point. Sure the S&P 500 may go to all time highs and the US Dollar may really rocket and the various indices and international markets such as Japan will all fly high and even the metals will get curb-stomped. All of that I’ve been tweeting for months anyway in advance – so no surprise. The question is how to navigate it, trade the pull-backs and then really PROFIT on the other side of the inflection.

$GOLD and $SILVER are almost at our algorithm’s price targets – so I will be watching these closely. Japan’s stock market is in break-out mode with currency etc. S&P 500 $SPY is in mode to break new all time highs (I called prior to election), $VIX looks like it will be much lower (per our calls), $DXY US Dollar is in break-out mode (our algorithm nailed that with calls that extend back months ago) and $USOIL $WTI is sitting a new up range but not in break out (I am sure it is waiting for meetings to conclude).

I will say that our algorithm calls for Crude Oil, the US Dollar, S&P 500, Gold and Silver all took significant heat at the time they were made over the last few months. Interesting times – but our algorithms were right in every scenario – so that’s very positive, as such we’re releasing the initial charting of the algorithms over the next week.

On the small cap equity side…. shippers have run their course it seems and China low float issues got jiggy yesterday as I expected they would. This play book isn’t new. Low float oil could be next.

On the ETF / ETN side $UWTI $DWTI will be de-listed soon… so I will be looking to other instruments to trade crude oil. More to come on that soon.

So my plan in general is to watch for pull-backs and turns as the inflection points hit outside ranges. More detail below.

Momentum Stocks (Market Open and Intra-Day)

I do trade morning momo stocks (at times), but I do avoid risk. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter if I have time).

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

Pre-market Decliners Watch-List: $HIBB, $KTOS, $GOLD, $FSLR, $AMAT, $PAAS, $SSRI, $RYAAY, $MU, $UGLD – I Will Update Before Market Open or Refer to Chat Room

Pre-Market Gainers Watch-List: $SYUT 23%, $SMRT 16%, $DCIX 14%, $URRE 12%, $MRVL 11%, $DRYS $PIP $SHIP $FCEL $ESEA $SINO $GLBS $CRM $CBMX $UGAZ – I Will Update Before Market Open or Refer to Chat Room

Other Watch-List(s): Indices: $IWM $RWM $TZA S&P 500 $SPY ATH, International: Japan Stocks $DBJP, Currencies: $DXY $UUP Break-out $USD/$JPY $FXY, Financials: $FAZ Inflection Point?

Other Watch-List(s):

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

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

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

My bias is still to all time highs, I will be looking for long positions on pull-backs. I see a run in Gold, miners and Silver soon then a pull back and then a big run.

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

I expect volatility at market inflection points and then continue to get crushed and I will likely follow that trend with $TVIX $UVXY $XIV buys at range pivots / pending price action, volume and other geo events.

$VIX Is an all time low possible? pic.twitter.com/SS8fJOAi5x

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

$VIX Diagonal trendline breached 151 AM Nov 18, 2016 pic.twitter.com/uClvvqXfNT

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

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

The US Dollar continues its rally so I’m looking at $UUP on pull-backs. Also looking at how the $USD/JPY relates to possible long in Japan with $DBJP.

FX USDY/JPY Simple lines pic.twitter.com/Lohr7Qgxrk

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

$DXY US Dollar in break out. Things could get interesting if it continues. pic.twitter.com/OOxIOau01z

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

I am also watching the Peso and Trump’s messaging… also watching $FXY and $USD/$JPY for clues with Gold and Miner’s.

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

For me Gold and Silver is going to be the big story soon. It should start to get some lift if only for a short time and that process may go on for a while – so I will snipe as that occurs. I have started to chew around the edges with tight trades but nothing yet. The idea is to get on the winning side of the reverse when it occurs. Watching $USD/$JPY close and $DXY and $FXY for clues on Gold and miners movements.

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

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

$GOLD 530 AM EST Nov 18, 2016

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver: $SLV ($USLV, $DSLV)

As with Gold I’m awaiting buy trigger on Silver – here again I will chew around the edges sniping until the reverse trend occurs.

$SILVER. Almost there. $USLV and various small cap names will be my friends soon. pic.twitter.com/wa0CdL7sKw

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

$SILVER 548 AM November 18, 2016

Other equities I like for Silver trade: $AUMN (penny stock)

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

First things first, $UWTI $DWTI are being de-listed (on Dec 9 I think?), anyway, that will cause me to choose a new instrument. I liked the idea of the 3x leveraged – I have a sneaking suspicion someone else will fill the void in short order anyway – but in meantime I’ll find other instruments. I really think the big story soon is going to be Gold and Silver anyway – so my bias is turning in that direction for daytrades anyway – but I’ll always trade oil.

In the short term we do have to be ready for rumors or even real news out of the oil meetings so I’m ready for that.

Natural Gas: ($UGAZ, $DGAZ)

Natural gas… I’m not comfortable with at this time… I want a trade with at least 4 to 1 probability.. at least thats the plan – and with natural gas it seems hard to get better than 50 50 – but we’ll see.

$NATGAS I continue to watch but no play. pic.twitter.com/fOKTRVkEQC

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

Other Sectors, Indices, International Etc:

Watching $RWM Russell 2000 Short

$RWM On watch for a snap back. Russell 2000 Short pic.twitter.com/H0Mg6RVEdE

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

Watching $SPY Long to All Time Highs

$SPY In addition to my $DXY $GOLD $SILVER call heat. .. took a lot of heat pre election on my $SPY ATH calls… algos be hitting em🔥. pic.twitter.com/JYmdkauYxw

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

Watching Japan Stocks $DPJP

$DBJP Japan Hedged Equity ETF Simple Lines pic.twitter.com/yp2N9SOpjn

— Curtis Melonopoly (@curtmelonopoly) November 18, 2016

Watching Aluminum Long $FOIL

Study:

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 super-nova type plays (you need a good momentum scanner for the first 30 mins of trade)… but are very useful for intra day scalping (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

Topics: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom

Nov 2016

Review of my Chat Room Stock Day Trades / Alerts for Thursday Nov 17, 2016. Low Float Shippers China, $SCON $BNSO, $DHRM, $ISNS, $UWTI, OIL, and more.

Intro:

Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive (we start sharing videos soon – just one more thing on the to-do list).

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.

Overview Perspective of Chart Room, Trades and Alerts:

Today for me was a scalping day… worked moderately well. With a goal of 1% minimum per day (preferably 3%) I’m easily on track since the beta start of our trading room a couple weeks back (1% per day 10k to 1.14MM in 26 mos compounded).

Primary lessons I learned that may help your trades…

Today wasn’t exciting… it was a process of me chewing around the edges of crude trades with $UWTI (which by the way is being delisted soon – see premarket report coming up). I was likely up 1% or better – haven’t had the time to see yet.

The reason I chew around the edges is that I am looking for a break-out entry scalping with my small account looking to build it at 1% a day compound and if a break-out occurs then I start hammering down with my larger swing account on every pull-back. Pretty simple strategy that works well. With oil, the break-out I’m looking for is due to not only the current OPEC meetings but also in the charting.

But soon, very soon we’re looking at Gold and Silver because the are getting really close to our algorithm’s projected lows. So I will start chewing around the edges of $GOLD $SILVER and miners $GDX. Right now $DXY is in break-out mode so I may trade $UUP on pull-backs for a bit (however we see it trailing off soon) – it’s an inflection point in markets – so it is about being cautious during inflection prior to next trends. Japan is also in break-out so I may start chewing around edges of $DBJP also and of course the S & P 500 $XIV same thing. $VIX is getting stomped as expected but inflection will come there too.

What I did miss was the shippers (was all over them before they started but elected not to play) and China low float stocks have started (was also all over that ahead of curve and I’m thinking on it) and semi conductors I didn’t play.

Stock Chatroom Trading Transcript

08:54 am Curtis M : Premarket Top % Gainers: $SINO 76%, $RLOG 70%, $GSL 36%, $DCIX 27%, $ESEA 27%, $TOPS, $NM $GLBS $IMNP $NMM $SB $SHIP $NTAP $PLUG $BBY $EGLE
08:55 am Curtis M : Upgrades $MSFT $NOA $RRC $TCK $KBR $FSLR $QVCA $T $MUSA $NTAP
09:05 am Curtis M : No morning newsletter… same as yesterday with premarket gainers and upgrades listed here.
09:20 am Curtis M : $RLOG 113%, $GSL 105%, $SINO 99%, $PSID 36%, $DCIX 29%, $NMM 28%, $NWBO $TOPS $WNR $NM $SB $ANW $GLBS $NTAP $HAIN
09:23 am Curtis M : “Risk control is the most important thing in trading.”
09:24 am GSCT . : /CL surge here
09:26 am Curtis M : Morning … back in a minute for open
09:32 am GSCT . : DRYS offering
09:49 am mathew w : Getting out of my ON UWTI position
09:49 am mathew w : Huge moves all over the board
09:52 am Curtis M : Looking for $UWTI long as oil settles through morning, oil companies starting to squeeze so Im running scans, expected entry long $UWTI at arrow gives me 46.20 – 47.28 width on crude for 3-6% in $UWTI potential
09:53 am GSCT . : Thanks for the detailed strategy
09:58 am Curtis M : RUnning screeners on oil companies and waiting for $UWTI entry on oil price target
10:00 am mathew w : WLL and NE working nicely here
10:00 am Curtis M : For those wondering why I will stalk an oil trade for hours …. https://compoundtrading.com/100000-turns-1-million-24-mths-1-per-day-compound-stock-trading/
10:00 am mathew w : Looking and JONE and EPE
10:04 am mathew w : LE? No NE. Noble energy
10:04 am mathew w : I’m in these calls from friday
10:04 am mathew w : haha close. Cows. Oil. whatever
10:13 am GSCT . : U or DWTI?
10:27 am Curtis M : http://finance.yahoo.com/news/janet-yellen-testifies-on-capitol-hill-150717531.html
10:53 am Curtis M : https://twitter.com/curtmelonopoly/status/799278889566662656 finally got some sun after 4 days of rain
10:57 am Curtis M : Long $UWTI 19.60 800 shares small account – may have to sit through some pain… a little early but ya
11:13 am Curtis M : Out for now at 19.70 looking to renter $UWTI
11:22 am Curtis M : Lomg $UWTI 19.535 small account 1000 shares
11:24 am Curtis M : Out $UWTI flat
11:25 am Curtis M : chewing around edges trying to get lift
11:49 am Curtis M : Long $UWTI small account 1000 share 19.536
11:59 am Curtis M : OUt $UWTI 19.74
12:00 pm Curtis M : ugh
12:02 pm Mathew Waterfall : Nice Kill Curtis. Well done
12:03 pm Curtis M : thanks
12:06 pm Curtis M : So going to get ready for EOD oil squeezes catcha in a few
12:06 pm Mathew Waterfall : AMD and MU going crazy today if you’re looking for other momo plays
12:06 pm Curtis M : thanks
12:07 pm Mathew Waterfall : Repeated calls being bought in size in both this AM
12:07 pm Mathew Waterfall : Might be a little tired but still seeing flows coming across
12:09 pm Curtis M : ok thanks
12:10 pm Curtis M : going to be out of hotel for 20 mins
12:10 pm Curtis M : if it says im out of room or whatver no prob cya in 20
12:11 pm Curtis M : specifically im mainly looking at oil squueze small caps but will look at anything EOD
12:56 pm Mathew Waterfall : invernse h&s on /cl 1′ chart
01:20 pm Curtis M : $DHRM china loa float
01:21 pm Curtis M : Yup theyre gonna run the Chinas now for a while lol
01:27 pm Curtis M : $SCON $BNSO, $DHRM then likely $ISNS
01:32 pm Mathew Waterfall : In and out of /cl and UWTI for small wins. That price action is agrivating.
01:40 pm Mathew Waterfall : Back in FH for a swing trade. Hit this for a win about a month ago. Back on the radar today so hoping to get back into the 3s shortly
01:42 pm Curtis M : crude has snipers in there till bots get it and go
01:45 pm Curtis M : Watching $BNSO $NFEC $ DHRM $ISNS and other China low float mania
01:51 pm Curtis M : Long $UWTI 19.26 1000 shares small acct
01:51 pm Mathew Waterfall : Im short FYI
01:51 pm Mathew Waterfall : once it broke .21 I went short
01:52 pm Mathew Waterfall : I was wrong on that one lol. Quick out
01:57 pm Curtis M : $UWTI small win beers and hotdogs
01:57 pm Curtis M : $CCCL
01:57 pm Mathew Waterfall : I’m back short. This is going lower with the $DXY strength
01:58 pm GSCT . : When you talk about a ticker can you please say its name as I can’t always have your screen up and also can you make the ticker symbol more readable on your chart as it’s very hard to discern.
02:00 pm GSCT . : I mean the symbol name in light grey. Please make it more white.
02:01 pm Mathew Waterfall : The dollar moves make me very nervous right here RE oil
02:05 pm Mathew Waterfall : Im playing against last weeks high here
02:05 pm Mathew Waterfall : might go long /cl
02:08 pm Mathew Waterfall : long and wrong new LOD
02:13 pm Curtis M : Long $UWTI 1000 shares small account 19.05
02:19 pm Curtis M : $UWTI 18.88 loss 1000 shares
02:22 pm Mathew Waterfall : Damn that price action is all over the place
02:22 pm Mathew Waterfall : I was trying to get out of my /cl contracts and it was jumping so bad I lost $$$ trying to chase it down
02:24 pm Curtis M : Long $UWTI 18.93 1000 shares small acct
02:25 pm Curtis M : out flat $UWTI no mojo
02:27 pm Curtis M : Long $UWTI 19.06 1000 shares small act
02:29 pm Mathew Waterfall : Dude tough day for sure. I have 8 round trips in UWTI in one account and have probably half as many round trips for /cl contracts
02:29 pm Mathew Waterfall : Broker making as much as I am today
02:30 pm Curtis M : Out $UWTI 19.07 flat
02:30 pm Curtis M : 3 w 1 L 1 F choppy cant get a trend easily
02:35 pm Mathew Waterfall : Might hit silver shortly for a swing. USLV looks appealing
02:52 pm Curtis M : looks like a lot of gold and silver trading coming up soon here
02:54 pm Curtis M : $DXY should back off… $GOLD and $SILVER gonna run… until then low float mania? And remember what happened last year same time…
03:02 pm Mathew Waterfall : I’m still in TKAI for a low float pick lol. Things kind of a turd but I bought low enough it doesnt matter
03:15 pm Curtis M : Gonna call it a night guys. Were going to try and get all algo charts for all 6 up by Monday. Looks like Gold and Silver are near so lotsa work to do.
03:15 pm Curtis M : Room will stay open till 4 see ya n morning
03:18 pm GSCT . : Thanks CM

Topics: Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, Low Float Stocks, Shippers, China, $UWTI, OIL, $SCON $BNSO, $DHRM, $ISNS, $GOLD, $SILVER, $DXY

Nov 2016

Pre-Market Newsletter Tuesday Nov 15 ($USOIL $WTI, $DXY, $VIX, $GLD Gold, $SLV Silver, $SPY… more.)

Trading Plan $USOIL, $WTI, Chatroom, Day-trading, Gold, Oil, Pre-Market, Silver, SPY, Stocks, Topics: Stockmarket, Trading Plan, UWTI, VIX, Wall Street, Watchlist Curt Melonopoly

Updated 8:17 AM EST

My Stock Trading Plan for Tuesday November 15, 2016 in Chatroom.

Welcome to the Tuesday Wall Street trading session! The futures bulls are alive and well and oil traded positive!

Specific to starting with more advanced traditional charting and algorithmic charting… the current market conditions are not the best time to do that… but I’ve started with EPIC the Oil Algo posts to get us started and we’ll introduce more and more of our algo work over the coming days and weeks between now and end of November.

Momentum Stocks (Market Open and Intra-Day)

I do trade morning momo stocks (at times), but I do avoid risk. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter if I have time).

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

8:03 EST

S&P +0.12%.

10-yr +0.2%.

Euro +0.27% vs. dollar.

Crude +2.86% to $44.56.

Gold +0.25% to $1,224.75.

Pre-market Decliners Watch-List: $TSRO, $CTRE Will Update Before Market Open or Refer to Chat Room

Pre-Market Gainers Watch-List: $ESEA 74%, $SHIP 31%, $RPRX 15%, $AAP 14%, $TOPS $SINO $JD $PTN $UWTI $PWE $AAL $UCO $WLL $DAL $CHK $DNR $FCAU Will Update Before Market Open or Refer to Chat Room

Other Watch-List(s): Airlines. Shippers: $DRYS $EGLE $SHIP $SINO $TOPS $GNRT Oil: $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY Financials: $FAZ

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

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Regular Trades:

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

My bias is still to all time highs – although it has struggled some. The recent lift in oil may help. But I also expect considerable volatility during it’s run to ATH and/or shortly thereafter. The US Dollar is going to cause issues IMO as will other global market / credit / bond issues over the horizon. In that, I see a run in Gold and Silver soon.

My trading plan with $SPY: I expect volatility to get crushed and I will likely follow that trend with $XIV buys at range pivots / pending price action, volume and other geo events.

$SPY 107 AM Nov 15

So still bias toward $SPY breakout to ATH, $USOIL to get lift, $Gold and $Silver to snap back woth face rippers shortly after #stocks

— Curtis Melonopoly (@curtmelonopoly) November 14, 2016

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

The US Dollar continues its rally at time of writing. I expect it to continue in its symmetry relative to last year before Christmas also. Anyway, my Twitter feed had me posting this run since late July and there is no reason now to think it’s over. When it is, it is.

I’m watching the Peso and Trump’s messaging… also watching $FXY for clues with Gold and Miner’s.

My trading plan with $DXY: I may take a long on $UUP if I can lock in a range that makes sense but other than that I’m sitting tight. WHEN IT DOES reach it’s full symmetrical extension I will look at plays for the downside.

$DXY US Dollar Index. 109 AM EST Nov 15, 2016

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

So yesterday I posted – and this is still my position.

“$VIX 315 AM EST Nov 14, 2016 – Likely to get crushed well below diagonal trend-line and right down to previous lows.”

$VIX Diagonal Trendline 112 AM Nov 15, 2016

$VIX 315 AM EST Nov 14, 2016 – Likely to get crushed well below diagonal trend-line and right down to previous lows. pic.twitter.com/1FTYCvpS8J

— Curtis Melonopoly (@curtmelonopoly) November 14, 2016

My trading plan with $VIX (volatility) is to run with $XIV at edges of range (if I can catch them) using $VIX and $SPY trading action.

Gold $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG)

So I have been really patient here and I hope the train doesn’t leave with-out me. Tonight I’m working on oil small cap charting…. but it’s time to start on Gold, Miner and Silver small cap company charting now soon too IMO to get ready.

$NUGT Was all over the turn around on the intra today but didn't trigger… #fishing #stocks #patience pic.twitter.com/xcfCaAkHF0

— Curtis Melonopoly (@curtmelonopoly) November 14, 2016

$GOLD Basing… but trying to be patient for buy trigger. #fishing #stocks pic.twitter.com/QY7EQg9vE9

— Curtis Melonopoly (@curtmelonopoly) November 14, 2016

My trading plan with Gold: Wait for the buy trigger to hit. If it doesn’t reassess range then.

Other equities I like for Gold Trade: $AUMN (penny stock)

Silver $SLV ($USLV, $DSLV)

As with Gold I’m awaiting buy trigger on Silver… I did try and take a $USLV trade on Monday as a tester but stopped out so I’ll continue to watch.

$SILVER Waiting for 16.25 ish… hope it doesn't get away here. #fishing pic.twitter.com/4fMyUserOA

— Curtis Melonopoly (@curtmelonopoly) November 14, 2016

My trading plan with Silver: Wait for the buy trigger to hit. If it doesn’t reassess range then.

Other equities I like for Silver trade: $AUMN (penny stock)

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F)

8:10 AM Update: EPIC the OIL Algo Blog Post Published.

If you are trading oil in the room be sure to always check EPIC the Oil Algo Twitter Feed for updates and recent reports etc.

Crude took off today in an uptrend and is about to test the 200 MA on the 1 HR. We’ll see how it handles that. Now that it is in an uptrend, and if it continues, within a few days EPIC the Oil Algo will have new alpha algo targets and alpha algo trend-lines for us.

In summary your trading ranges are as follows (as of 124 AM Nov 15, 2016):

Diagonal intra trend lines: Resistance – 45.62. Supports – 43.16 / 42.77. (change intra with diagonal blue lines).

Horizontal trend lines: Resistance – Many. Support – Many. Refer to chart. (purple lines).

Moving average: Resistance at 200 MA on the 1 HR. Intra is at 44.54 (this will change intra)

Alpha algo lines: Refer to chart (red dotted diagonal).

Alpha algo targets for week: At time of writing EPIC has not released any updates.

Traditional chart pivots: Next segment of publishing from EPIC coming soon.

Traditional Fibonacci: Next segment of publishing from EPIC coming soon.

Overhead Resistance Test Coming 200 Day on 1 Hour Chart (pink line). Crude algo intra work sheet 126 AM ET Nov 15, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Trader notes on oil.

My plan trading oil is to take a long position in $UWTI in my small account if the support holds and there is corresponding price action / volume. I will sell in to strength and re-enter as needed and I will sell VERY FAST if support is breached. If oil gets proper lift then I will consider entering in size long with my large swing account,

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

Study:

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 super-nova type plays (you need a good momentum scanner for the first 30 mins of trade)… but are very useful for intra day scalping (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/

GL!

Curtis

Topics: Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom

Previous 1 … 11 12 13 14 Next

Pre-Market Newsletter Thursday Dec 1. $GOLD $SILVER $USOIL $WTI $USD/JPY $SPY $VIX … more.

Pre-Market Newsletter Tuesday Nov 29. $CYTR, $CBMX, $GOLD $SILVER $USOIL $WTI $USD/JPY $SPY $VIX … more.

SuperNova $SILVER Trading Chart Update Nov 29 $SLV ($USLV, $DSLV)

Pre-Market Newsletter Monday Nov 28. $GOLD $SILVER $USOIL $WTI $USD/JPY $SPY $VIX … more.

SuperNova $SILVER Trading Chart Update $SLV ($USLV, $DSLV)

Pre-Market Newsletter Friday Nov 25. $GOLD $SILVER $USOIL $WTI $USD/JPY $NATGAS … more.

Pre-Market Newsletter Wednesday Nov 23. $LLI, $JUNO, $IBB $LABU $LABD $AXON, $SKLN, $USOIL $WTI, $NATGAS … more.

Pre-Market Newsletter Friday Nov 18 ($GOLD, $SILVER, $USD/JPY, $IWM, $RWM, $FAZ, $USOIL, $GDX… more.)

Post Market Thur Nov 17 Low Float Shippers China, $USOIL, #OIL, $UWTI and more.

Pre-Market Newsletter Tuesday Nov 15 ($USOIL $WTI, $DXY, $VIX, $GLD Gold, $SLV Silver, $SPY… more.)

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Tag Archives: Silver