28
Nov 2016

Post Market Friday Nov 25 $NAVB, $JUNO, $JNUG, $SKLN, $UWTI, $USOIL, $WTI, OIL and more.

Post Market Report (Trade Results) , , , , , , , , , , , , , , , Curt Melonopoly

Review of my Chat Room Stock Day Trades and Alerts for Friday Nov 25, 2016. $NAVB, $JUNO, $SKLN, $JNUG, $SKLN, $UWTI, $USOIL, $WTI, 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:

Friday was a super calm day. Not a lot to report but there were some important trading lessons.

Primary Lessons That May Help Your Trades:

I took a long trade on $UWTI (yes I know it is delisting). My play is a 6 to 1 risk reward (considering OPEC meetings) that as of writing (3:41 am Monday) my trade is going against me. I may enter again long or cut – I haven’t decided. I entered also thinking I may get a bounce at diagonal trend line (blue) just below my trade (chart below) but it didn’t bounce – but I held thinking I may re-enter another long early in week. Interestingly price did hit one of Epic the Oil Algo’s price targets. Anyway, looks like I’m on wrong side of it so we’ll see.

$JUNO (chart below) I got out of my swing trade for a profit and will watch for a possible re-enter. My pre market blog post will have technicals and what to watch for.

$SKLN – the 200 day got under stock price on the 3 minute AND I MISSED IT! A BIG MISTAKE! And what made it worse is GSCT in the room even alerted us…. ugh. YOU NEVER WANT TO MISS THE 200 Day on the 3 min 5 or 15 getting under price on these wash-outs – huge mistake.

And I completed my video uploads from my $SKLN trade last week – lots of indicator lessons packed in to these videos!

Announcements in Trading Room:

Room Alert: https://compoundtrading.com/pre-market-newsletter-friday-nov-25-gold-silver-usoil-wti-usdjpy-natgas/ Gainers: $NAVB 34%, $CTRP 9%, $IPCI 9%, $CXRX 8%, $DCIX $WPRT $SPEX $GSL $BZQ $JKS $INFY $DRYS $DWTI $GFI $NOK $AZN $AU $UN

Stock Chat-room Trading Transcript:

08:51 am GSCT . : /CL downtrending
08:53 am GSCT . : A rejection of 47.57 anyway
09:13 am Curtis M : http://www.benzinga.com/news/16/11/8738781/20-stocks-moving-in-fridays-pre-market-session?utm_source=dlvr.it&utm_medium=twitter#/null
09:24 am Curtis M : Lkely going to exit $JUNO Swing here soon 3%
09:25 am Mathew Waterfall : Looking at JNUG and NUG T for plays today
09:25 am Curtis M : Gainers: CTRP +10%. CXRX +8%. IPCI +9%. GBR +5%. ESEA +5%.Losers: MTU -6%.
09:35 am Mathew Waterfall : In JNUG 6.69 out new LOD
09:43 am Mathew Waterfall : Playing JNUG close here. Up to 6.85 looking for an exit for a quick pullback and reenter
09:44 am Mathew Waterfall : Out @.81
10:15 am Mathew Waterfall : Back in JNUG at 6.67
10:18 am Mathew Waterfall : Out. damnit
10:30 am Mathew Waterfall : Back in if gold breaks 1185
10:50 am Mathew Waterfall : All my usual suspects are way quiet today. Cleaning up some positions and thinking of reentering a /es short though Im not too excited about shorting a dull market here
10:57 am Mathew Waterfall : Taking off a portion of my CLF Jan 10c’s. .96 fomr .47. Keeping half
11:05 am GSCT . : /NG unreal today and hit 3.10s
11:05 am Curtis M : Loading $UWTI
11:05 am Curtis M : Yes IC
11:11 am Curtis M : Long $UWTI 19.96 1200 shares

$USOIL, $WTI, $UWTI

FX $USOIL $WTI – entered $UWTI trade looking for bounce at diagonal trendline (blue) holding

11:14 am GSCT . : $SKLN breakout
11:46 am Mathew Waterfall : Filled the gap which should be some support here for /cl
11:47 am Mathew Waterfall : Gap was last sunday open gap up
12:30 pm Mathew Waterfall : Gold acting a fool and nothing else exciting. I’m out to the gym before some rivalry college football. Have a good weekend all next week should be fireworks!
12:31 pm Curtis M : ok thanks Mathew
12:31 pm Curtis M : cya
12:37 pm GSCT . : $SKLN popping

$SKLN, 200 Day Moving Average

$SKLN 200 day on the 3 minute got under price last Friday and popped – I missed it.

12:54 pm Curtis M : Out $JUNO 24.925 avg from 22.31 buy

$JUNO Swing Trade

$JUNO Swing Trade closed 3000 shares 22.31 out at 22.945 today live in trading room

01:00 pm Curtis M : Have a great weekend!

Topics: Compound Trading, Trading Lessons, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $NAVB, $JUNO, $JNUG, $SKLN, $UWTI, $USOIL, $WTI, OIL

25
Nov 2016

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

Trading Plan , , , , , , , , , , , , , , , 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):

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:  – 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).

(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.

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.

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: 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.

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)

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.

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

$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!

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.

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)

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:

na

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 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, $GOLD, $SILVER, $USD/JPY, $SKLN, $JUNE, $ANF, $USOIL $WTI, $NATGAS

24
Nov 2016

Post Market Wednesday Nov 23 $JUNO, $ANF, $GOLD, $SILVER, $WTI, OIL and more.

Post Market Report (Trade Results) , , , , , , , , , , , , , , Curt Melonopoly

Review of my Chat Room Stock Day Trades and Alerts for Wednesday Nov 23, 2016. $JUNO, $ANF, $SKLN, $GOLD, $SILVER, $XIV, $USOIL, $WTI, 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:

Kind of an odd day with Thanksgiving Day around the corner today. Market fade was heavy late day. Some small cap low floats were running a bit. Gold and Silver were the big watches for us because the price for both was either just entering the price target zone of our algos or really close.

Primary Lessons That May Help Your Trades:

$ANF Abercrombie trade lessons were two… #1 being most important and that is that 200 day on the 5 – once that 200 on the 5 got under the price it was rocket time (classic snap-back and gap fill). So waiting would have paid dividends. It just gets tough to stay on top of them over days. There is a recent wash-out on $SKLN that I should watch closer for this.

$JUNO Therapeutics was my #2 lesson… waiting for the proper set-up in terms of moving averages would have likely been safer – I’m in this swing 22.31 and it closed at 22.56.

Announcements in Trading Room:

None

Stock Chat-room Trading Transcript:

08:55 am GSCT . : DRYS ESEA moving

09:04 am Curtis Melonopoly : Premarket newsletter https://compoundtrading.com/pre-market-newsletter-wednesday-nov-23-lli-juno-ibb-labu-labd-axon-skln-usoil-wti-natgas/
09:06 am Curtis Melonopoly : Gainers: $REXX 19%, $DE 12%, $LABD 7%, $ZBIO $TXMD $AVXL $VEEV $JDST $CNHI $MRNS $GME $OPTT
09:09 am Curtis M : Mornin!
09:12 am GSCT . : Your call on /GC coming into play here
09:12 am GSCT . : Heading to your target
09:13 am Curtis Melonopoly : nice
09:14 am Curtis Melonopoly : Anyone have audio on that can check my mic volume?
09:14 am GSCT . : Could be a bit louder
09:14 am Dave D : Sounds ok
09:20 am GSCT . : Ticker more visiible on your chart. Thank you.
09:23 am Curtis M : Looks like a good day.
09:23 am Curtis M : Your welcome.
09:26 am Curtis M : Open on deck
09:28 am Curtis M : $AVXL $DRYS $MNKD $SINO $DGLD $SHIP $GLBS
09:29 am mathew w : Still monitoring my /es short
09:29 am mathew w : trimming positions today overall most likely before tomorrows break
09:31 am Curtis M : $MDGS +58%
09:32 am Curtis M : $ESEA +36%
09:32 am GSCT . : SKLN off lows
09:39 am Curtis M : $SINO 19%
09:40 am Curtis M : $DCIX 13%
09:41 am Curtis M : $SHIP 8%
09:42 am Curtis M : $ESEA Looking for 3.75 then 4
09:50 am Curtis M : $RLOG watching tape on bids
10:01 am Curtis M : $GOLD algo targets 1163 – 1167
10:01 am GSCT . : Ignore the Twitter trolls
10:02 am GSCT . : What’s the time frame on Gold /GC algo?
10:02 am GSCT . : SKLN some momo
10:09 am mathew w : Adding a few UCO calls. Stalking NE and WLL though Im still deep in the money in WLL and NE at this point. likely roll up and out
10:10 am susan woo : Curtis, why wouldn’t you wait until AFTER Yellen this afternoon before touching gold/silver?
10:10 am susan woo : Just curious
10:10 am mathew w : also closing out of DUST calls. Had weely 57s that exploded up ON
10:10 am mathew w : *weekly
10:12 am susan woo : Gotcha, thanks Curtis
10:14 am GSCT . : /GC new LOD
10:15 am mathew w : Like lol
10:18 am mathew w : Totally out of DUST calls. Might regret that but easy money
10:18 am mathew w : yea
10:18 am mathew w : dude is a GDX bull all day
10:18 am mathew w : Smart guy for sure
10:22 am mathew w : In some CLF jan 10 calls. Rolling up and out basically after closing a big portion of my Dec 8’s yesterday
10:22 am mathew w : Lots of flow in this name, lots of sweepers all week
10:24 am susan woo : I love your Canadian accent. Sounds like mine lol!
10:28 am GSCT . : SKLN may be reversing here
10:30 am GSCT . : Gold lower still
10:36 am GSCT . : Gold algo hit may happen today!
10:40 am mathew w : Oil has been a tough ride this AM. Small scalps but I’m gonna take a break and let it even out a bit I think. Back in 30
10:41 am mathew w : Big resistance at 8.3 area
10:57 am Curtis M : Watching $JUNO for snap back, $GOLD getting close to algo PT, $SILVER in algo $PT high range $USD/JPY, $SINO

11:01 am Curtis M : Long $JUNO for second attempt 22.31 3000 shares 

$JUNO stock

$JUNO Therapeutics 5 minute stock chart

juno-therapeutics-5-minute-stock-chart

11:03 am Curtis M : Out $ANF 3000 shares swing 15.57 14.96 buy here https://compoundtrading.com/stock-trading-results-green-portfolio-day-post-market-fri-nov-18-anf-wash-trch/

$ANF Stock trade

$ANF Stock Trade on Wash-out – Abercrombie

11:06 am GSCT . : SKLN flirting with the 20
11:19 am Curtis M : Low float Shippers Bio Drillers
11:19 am Mathew Waterfall : wanting a 20 touch on the 1′ to reenter /cl here
11:19 am Mathew Waterfall : being cautious after this am’s moves
11:20 am Mathew Waterfall : And that’s why lol
11:28 am susan woo : Curtis, this signal you have for gold/silver, is it as strong as the algo trigger you got before the January lows, right before gold/silver ran big?
11:30 am susan woo : thanks
11:36 am GSCT . : /GC rallying back
11:37 am Curtis M : back in 20
11:43 am GSCT . : Stalking SKLN on IBB XBI possible pivot
11:52 am Mathew Waterfall : CLF calls working. May add to CHK here depending on OIL. Still bouncing around making me earn my money on the /cl trade today
11:54 am Mathew Waterfall : And I know im a broken record on this but WLL is still seeing a ton of buying. I will likely take jan calls shortly. Out 2/3rds of my Dec calls for a 3/4 bagger
11:57 am Mathew Waterfall : In WLL jan 11.5c’s at .57 to add to me dec2 10’s
11:57 am Curtis M : Thanks for posting your trades Mathew
11:59 am Mathew Waterfall : No problem. I’m also open to share. I don’t post every little trade I do as I’m in/out of some futures pretty quickly at times like this AM with /cl
11:59 am Mathew Waterfall : Also closed my /es short this AM. Looking to reopen that but the action off of the open seemed bullish and it was even if I covered at 2195 instead of 2198 where we are now
11:59 am Mathew Waterfall : *always open to share
12:01 pm GSCT . : SKLN volume
12:03 pm GSCT . : Top of the hour
12:06 pm GSCT . : Natty Gas new highs
12:06 pm GSCT . : /NG broke 3
12:06 pm GSCT . : Curtis what was you buy signal # on that again?
12:09 pm GSCT . : It’s owned my trading
12:09 pm GSCT . : Avoiding for now
12:09 pm GSCT . : SKLN going here
12:12 pm GSCT . : Not going perse but some bump
12:14 pm Mathew Waterfall : Rolling more dec8 to jan 10’s in CLF for me. Taking profits and taking a bit of risk off of the table
12:15 pm Mathew Waterfall : Those went from .42 buy to 1.18 so solid win
12:18 pm Mathew Waterfall : Using that cash for some lottos. FCX Dec2 18’s for more squeeze. Will have to be out of these buy mid next week
12:23 pm Mathew Waterfall : And Holy SH*t. 11000+ CLF Feb calls just BTO it looks like. Damn!
12:31 pm Mathew Waterfall : Out the rest of me NE Dec2 5.5. .57 from .21. Taking off risk and moving out
12:41 pm GSCT . : I can barely hear you. I got it ful volume.
12:41 pm GSCT . : full
12:45 pm Curtis M : Sorry I think I need to switch headsets
12:46 pm Curtis M : As soon as I get a break I’ll swtch headsets
12:46 pm GSCT . : Thanks boss.
12:49 pm Curtis M : can smell coffee gonna go get a refill
12:56 pm Curtis M : Rebooting headset so Ill be back
12:56 pm Mathew Waterfall : Took a small started in USLV at 12.9. Front running this trend a bit so starting small
12:59 pm GSCT . : Thank you.
01:00 pm GSCT . : SKLN slow and steady
01:09 pm Curtis M : $ESEA + 53% SINO +39% SPEX + 27% GLBS +19.43 %
01:27 pm Curtis M : $DRYS action intense
01:27 pm Curtis M : $GOLD and $SILVER at tipping point… could get fun soon
01:28 pm GSCT . : Thoughts on DRYS here Curtis
01:30 pm Mathew Waterfall : Rolled the rest of my CLF Dec16 8’s to Dec23 10s. Thing is a monster. Targeting 11’s short term
01:31 pm Mathew Waterfall : I got a .93 credit for that move BTW so taking some profits
01:31 pm Mathew Waterfall : Sorry .96 credit
01:31 pm Curtis M : nice
01:33 pm GSCT . : Missed it. Even 6.50 to 6.85 worked
01:34 pm Curtis Melonopoly : Resetting charts
01:40 pm Mathew Waterfall : In some JNUG. Looking for 6.8. Out under 6.40ish recent swing low
01:42 pm Mathew Waterfall : 6.6 needs to break for more to the upside. May add more over that if we get there
01:53 pm Curtis M : This is all lke a replay of this time last year – spooky almost
01:55 pm GSCT . : Good to know.
01:56 pm GSCT . : TVIX rmaped in early January
01:56 pm GSCT . : ramped
01:57 pm Curtis M : January was my best month this year and Brexit 2nd
01:57 pm Curtis M : Markets quiet right now
01:57 pm Curtis M : running scans but quiet
01:57 pm GSCT . : DId you play TVIX on Brexit?
01:58 pm GSCT . : FOMC in 2 min
02:02 pm Curtis M : FOMC Rate Hike Could Happen in Dec
02:03 pm GSCT . : Priced in to Gold’s move today maybe already
02:08 pm Mathew Waterfall : Out of JNUG for pennies overall. Will reenter if it can find footing over posted level
02:26 pm Curtis M : Very quiet
02:31 pm GSCT . : 0Do you have a link to access the room from an iPad. I’ve tried logging on 3x and it says ‘organizer has ended your session’.
02:31 pm Curtis M : interesting
02:31 pm Curtis M : Ill message Sartaj
02:32 pm GSCT . : The mobile version is awful btw.
02:32 pm Curtis M : ya i know
02:32 pm Curtis M : shopping
02:33 pm GSCT . : Good to know.
02:35 pm Mathew Waterfall : I may go take a nap or something. Not much on my board to play here into EOD
02:35 pm Sartaj Hundal : GCST: Try to rejoin the room on your iPad
02:36 pm Curtis M : Naps r awesome lol
02:36 pm GSCT . : Same result
02:36 pm GSCT . : Can you post a link I can try Sartaj?
02:42 pm GSCT . : Never mind. I’ve tried all possible links
02:43 pm Mathew Waterfall : Seeing if I can get a pop in XIV as they push SPY back green
02:43 pm Mathew Waterfall : Boredom trade
02:45 pm Curtis M : ya m catching up on work until a scanner pops
02:45 pm Curtis M : if one pops
02:48 pm Mathew Waterfall : /ES rejecting at 2201. Out shortly of my XIV trade ~.12 share so not much there unless another pop
02:53 pm Mathew Waterfall : Out of that trade for anyone wonder. Adding some FB Dec 125 calls as well. Still looking for a gap fill in next 2-3 weeks
02:53 pm Curtis M : $NAVB Halt news
02:55 pm GSCT . : SKLN maybe
02:55 pm GSCT . : A lot of selling this last candle though
02:57 pm GSCT . : SKLN VWAP pop
03:14 pm GSCT . : NTNX running
03:17 pm Curtis M : nice move
03:18 pm GSCT . : Mossed the meat of it
03:18 pm GSCT . : Feels late now
03:19 pm Curtis M : squeeze so who knows
03:22 pm GSCT . : NAVB our of halt
03:22 pm Curtis M : thx lol was in algo land
03:23 pm Jorge F : What is NAVB news?
03:23 pm GSCT . : I can Google it for you
03:23 pm GSCT . : DRYS perky
03:25 pm Curtis M : $NAVB News https://twitter.com/curtmelonopoly/status/801521806590910464
03:29 pm Mathew Waterfall : SN Jan 10’s. Bit of a stretch buy they’re cheap. Needs OIL to remain strong and they will pay nicely. Nice R/R
03:30 pm Mathew Waterfall : 6.6 is a big level for CHK #captainobvious
03:31 pm Curtis M : $CHK interesting but Im staying out
03:32 pm Mathew Waterfall : Good call. I looked at adding more this AM and didn’t. I’m already in Dec2 6.5c’s so I’ll stick in those in to next week. Positive for me so I’m in no hurry to add more
03:38 pm GSCT . : Friday could be wacky
03:51 pm susan woo : So, how does in look in gold/silver land? Still waiiting for more algo confirmation?
03:53 pm susan woo : Yeah, that’s why I got a bit confused re: your technique
03:53 pm susan woo : No problem
03:53 pm susan woo : Thanks for explaining
03:53 pm susan woo : Ewave guys saying it could go lower too
03:54 pm susan woo : I’m not into ewave
03:54 pm GSCT . : LABU what a day
03:59 pm GSCT . : Me neither
03:59 pm Mathew Waterfall : Have a great turkey day all. Will likely be around Friday if the room is open. Not holding any futures into this break, I’m way too cautious
04:00 pm GSCT . : Thanks Curtis
04:00 pm Curtis M : No problem your welcome enjoy!

Topics: Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $JUNO, $ANF, $SKLN, $UCO, $XIV, $USD/JPY, $USOIL, $WTI, OIL

23
Nov 2016

Post Market Tuesday Nov 22 $SKLN, $UCO, $XIV, $USOIL, $WTI, OIL and more.

Post Market Report (Trade Results) , , , , , , , , , , , , Curt Melonopoly

Review of my Chat Room Stock Day Trades / Alerts for Tuesday Nov 22, 2016.  $SKLN, $UCO, $XIV, $USOIL, $WTI, 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:

Well, today was the first day I slept in since high school… well maybe not quite that far back. I hadn’t reset my alarm for the new time zone (so I lost 2 hours lol). And worse yet, I missed a crazy good open. But we got in to the swing and had a great day.

Primary Lessons That May Help Your Trades:

The $SKLN trade I took later in the day for a snap-back after the wash-out literally has fifty lessons in it. It was about an hour and a half trade that we recorded the audio and video trade room screen share with charting. So we have started to break up the video in to ten to twelve smaller videos detailing all the indicators, psychology and technicals involved in the trade. I am hoping to have these videos ready for Thursday night. Tonight we are working on publishing the algorithm updates – so depending on how long those take will depend on how long the videos take to come out – but they are, if I may say so gold for learning traders… a really, really technical trade with lots of commentary on the minute as the trade progressed.

The other trades on the day were textbook scalps. The one main lesson (because I was on top of the momentum stocks – late, but on top of it once in room) – the main lesson beyond the $SKLN lesson filled trade was the $USOIL $WTI wash-out on OPEC news before pit close – but that lesson also is on (included as a part) of the $SKLN trade because that was happening at the same time in the trading room today.

Announcements in Trading Room:

None

Stock Chat-room Trading Transcript:

10:09 am Curtis Melonopoly : Forgive me… my alarm on cell phone ws set to Panama time – I am two hours behind this morning! Geesh.
10:12 am susan woo : I’m in LABU swing
10:14 am Mathew Waterfall : Missed out on some good price action in oil
10:15 am Curtis M : ya embarrasing…geesh
10:16 am Curtis M : I’ll take a few mins and get screens done here
10:17 am GSCT . : You’re still in Beta! This is allowed.
10:18 am GSCT . : This is
10:18 am Curtis M : lol
10:19 am Curtis M : grabbing coffee back in 10 for biggest week in my life in market – revenge trading!
10:19 am Mathew Waterfall : Out a chunk of my WLL calls today and likely trimming up NE calls as well
10:19 am Mathew Waterfall : WLL was .30 to .725
10:21 am GSCT . : Gold sliding hard
10:22 am Curtis M : wow
10:22 am Curtis M : Active morning
10:23 am Mathew Waterfall : Im gonna give this market some time to shake out before taking any more trades I think
10:23 am Mathew Waterfall : Need to see what kind of range we’re working with to be able to snipe any plays
10:26 am David Glenn : Morning!
10:30 am Curtis M : Many ranges today to work with
10:30 am Curtis M : scans will be ready in 5 mins
10:42 am Curtis M : $USD/JPY huge deflation issue $GOLD
10:43 am Curtis M : BTW All algo updates out tonight for all 6.
10:44 am Curtis M : Looking for bottom of range in creude for an entry.
10:51 am GSCT . : Holiday week though.
10:51 am GSCT . : Thanksgiving.
10:55 am GSCT . : Markets closing 1pm Friday.
10:57 am GSCT . : The red dotted one?
10:57 am GSCT . : Dashed
10:58 am GSCT . : That’s a busy chart.
11:23 am Mathew Waterfall : Long UWTI 21.3
11:24 am Curtis M : Long $UCO 9.77 200 share tight stop
11:31 am Curtis M : Out $UCO 9.67 loss looking fo re-entry
11:56 am Mathew Waterfall : ouch
11:56 am Mathew Waterfall : sold at 21.04
11:56 am Mathew Waterfall : yikes
11:56 am Mathew Waterfall : that was super weird
12:14 pm Mathew Waterfall : Just a heads up, on this move I got some really weird stuff from UWTI
12:15 pm Mathew Waterfall : Orders not getting filled or delayed
12:15 pm Mathew Waterfall : liquidity seems to be drying up
12:20 pm Sartaj Hundal : We are performing more fault tolerance and load testing today. Currently splitting users into sub-rooms. Broadcasting will not be interrupted.
12:22 pm OIL K K : Watching Oli Close now… this may be bottom for a while $USOIL $WTI
12:30 pm Deb Clarin : Thank you
12:38 pm Dean P : .
12:40 pm David C : OIL LOD approaching
12:51 pm Mathew Waterfall : In UCO 9.6
12:56 pm Curtis Melonopoly : Long $XIV 43.28
01:03 pm Curtis Melonopoly : Sorry 800 shares
01:35 pm Mathew Waterfall : out of uco
01:35 pm Mathew Waterfall : looking for retest on 10/20 on 1′
01:37 pm Mathew Waterfall : Or clear and hold of 200
01:37 pm Curtis Melonopoly : Out $XIV 43.43
01:48 pm Curtis Melonopoly : Long $SKLN 4.77 3000 shares
01:49 pm Mathew Waterfall : oil getting nasty
02:05 pm Curtis Melonopoly : Out $SKLN 4.54 loss
02:11 pm Curtis Melonopoly : $SKLN Long 4.81 2000 shares
02:16 pm GSCT . : SCON similar set up right now
02:21 pm Curtis Melonopoly : $SKLN out 4.90 looking for reenter
02:28 pm Mathew Waterfall : Im all out of my oil position. Don’t want to hold ON
02:30 pm Mathew Waterfall : I have a few in and outs
02:30 pm Mathew Waterfall : UCO originally was 9.6. Just sold when oil was at 48
02:30 pm Mathew Waterfall : Also traded straight /cl contracts
02:31 pm Mathew Waterfall : I trade off of the /cl price more than the price of the other instraments
02:31 pm GSCT . : You were Tweeting in your sleep.
02:33 pm GSCT . : 🙂
02:34 pm GSCT . : LOL
02:40 pm GSCT . : REN what a pop
02:42 pm GSCT . : Oil rocking now
02:46 pm GSCT . : Gold going south
02:47 pm Curtis Melonopoly : LOng $SKLN 2000 4.82 late alert
02:59 pm GSCT . : This is awesome.
02:59 pm GSCT . : 5000 SKLN Long for Curtis
03:00 pm GSCT . : at 5.12
03:05 pm Curtis Melonopoly : OUt $SKLN 5000 5.11 and 2000 5.09
03:08 pm GSCT . : Great play by play though
03:08 pm GSCT . : WIll that be a regular feature of the room?
03:10 pm GSCT . : Will you all be on mic?
03:15 pm GSCT . : High relative volume now SKLN
03:17 pm Mathew Waterfall : Taking some FB calls here Dec 9 126s for the gap fill
03:17 pm Mathew Waterfall : Decent consolidation today
03:18 pm GSCT . : You don’t sound old enough for retirement
03:19 pm Mathew Waterfall : Also reloading FH commons right here for a trip back to the 3s
03:21 pm Mathew Waterfall : Also looking at DUST weeklies for this week and next
03:24 pm Mathew Waterfall : I’m liking the low float bios here as well. In TKAI and ADHD
03:27 pm Mathew Waterfall : Short /ES. Think we see lower before we blast off higher. Nothing crazy but want to be ready for it
03:27 pm Mathew Waterfall : And that’s it for my end of day position dump lol
03:27 pm Mathew Waterfall : Yepp
03:27 pm Mathew Waterfall : likely to take TZA calls as well
03:28 pm Mathew Waterfall : probably cheap weekly lottos
03:29 pm Mathew Waterfall : I think oil can move higher, but these outsized moves in names like X and AKS need to take a breather
03:45 pm GSCT . : What was the tell on the washout? So late?
03:45 pm GSCT . : SKLN
03:55 pm GSCT . : And waht originally caught youtr atention to enter it?
03:55 pm GSCT . : what originally
03:58 pm GSCT . : Thanks.
04:00 pm Curtis Melonopoly : Have a great night! Big morning on deck. Algos tonight come out.

 

Topics: Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $SKLN, $UCO, $XIV, $USF/JPY, $USOIL, $WTI, OIL

1 2