Tag Archives: Swing Trades

Compound Trading Wednesday May 17, 2017 Review of; Chat Room Day Trading, Swing Trading, Algorithm Charting, Videos and Live Alerts. $SPY, $USOIL, $WTIC, EPIC Oil Algo, Swing Trades, $NFLX, $LIT, $ATHM – $LIGA, $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc …

Intro:

Compound Trading is a trading group active in day trading, swing trading and algorithmic model charting (black box).

Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat not applicable is deleted from transcript below but raw video footage is as it occurred – uncut). Chat trade room is recorded daily for trade archive (embedded below and available on our YouTube channel).

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators we are looking for in and out off each trade. Typically at market open and for chart review during lunch hour at minimum) and has live chart screen sharing right from our monitors. At times guest traders and associate traders will screen share charting and/or voice broadcast.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/ .

Notices:

Special Mid Day Chart Review in Trading Room on Wednesday – Limited Spots

Update: I received a lot of great feedback on our algorithmic modeling from people that seen the EPIC the Oil Algo charting for the first time Wednesday. I am used to it from our regular members but it was refreshing in a way to see the reaction that “newbies” had to the model. Yup, Epic is Epic. Anyway, feedback was awesome and we appreciate that! Also, the trading room raw footage below will have the webinar in it that occurred between 12 – 1 ET Wednesday – Sartaj will be posting the webinar only portion at come point on YouTube but he’s been very busy so I’m not sure when I guess is my point. The next public access EPIC webinar will be next week Wedneday at 10:00 AM this time.

A few quick updates: First, thanks to all that attended the @EPICtheAlgo Oil Trade Algorithm review at noon! $USOIL $WTI $CL_F $USO #OOTT

Update: With the market being soft lately I’m not off to a great start – but a correction honestly would make it easier – we’ll see.

Complete $SPY S&P 500 Algorithm Rolls-Out this Week. A New Milestone at Compound Trading. #premarket $ES_F $SPXL $SPXS

Update: We are on schedule here and the complete model will be assembled his weekend and released Sunday night for next week. Then I think Gold is next (it will take less than two weeks to publish it in whole as the math is complete on it also. Actually the math is complete and tested on five of six of the algorithms so they will all be published in whole very shortly now). $SPY will be getting it’s own 24 hour trading room also – not sure when, but $SPY and Gold will get their own 24 hour trading rooms like EPIC sometime before end of 2017.

Learn How to Trade Stocks (Build a Small Account) Following my Journey. Part 5 “Freedom Traders” Series.

Update: Just for those that have asked, the near future posts coming for Freedom Traders series focuses on trading disciplines and technical set-ups that many have asked for. I’m actually going to try and write a book this Christmas consolidating it all (see mid day chart reviews on our YouTube channel and that will give you some insight as to direction – although the series will cover so much more). At minimum we’ll consolidate it in to a training seminar series with video set etc to make it easy for new traders and more experienced alike I suppose to digest it all.

Last market trading session Post Market Stock Trading Results can be found here:

Stock Trading Results Tues May 17 $XGTI, $DXPE, $NATR, $WB, $ETSY

Most recent Premarket Trading Plan Watch-list can be found here (locked to respect members and unlocked to public about a week later for transparency): 

Protected: PreMarket Trading Plan Wed May 17 $XGTI, $CBIO, $JACK, $SSYS, $USOIL, $WTI

Please note, for the next while, you will have to review the raw trading room footage (vs. snippet footage) to catch Premarket Chart Set-Ups, Market Open Trades, Intra-day Trades and Mid Day Chart Set Ups. Our staff time are being utilized up for other components of the platform and we also are producing the high quality learning library for our premium members. Once done, we’ll return to publishing the segments daily.

Most Recent Public Swing Trading K.I.S.S Simple Charting can be found here: Swing Trading Simple Charts (Public) Apr 16 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY, #GOLD, #SILVER

Premarket Session: 

Premarket momo $RRGB $CBIO $XGTI $SNDX $JACK

$XGTI Premarket up 6% $CBIO action too premarket

Market Day, Chat Room Trades and Personal Trades:

I didn’t take a morning momentum trade, then we did the mid day review and the theme was hosted by EPIC the Oil Algo (went very well btw) and then I got caught up in conference calls and meetings for the afternoon. It is looking like more and more as our platform grows up that my afternoons may be more and more about managing the business and not as much in the trade room. Yet to be seen as I enjoy trading so much more of course:) Oh and on the swing trading side I had a tonne of babysitting there to do with our positions. 

And the markets $SPY and friends got wacked! Wow our $SPY algorithm was so spot on with that upper resistance area. Invaluable.

Last 3 or 4 opens have been tough for momos… I thought maybe just maybe it was me… but even the market open momos knew something.

Learning How-to Trade Stocks, Chart Set-Ups, Lessons and Educational:

What a great community!

Mid day chart set-ups working with $PCRX, $PBR, $CTSH, $FEYE, $TSLA, $NVO, $EWZ, $AMBA, $COTY, $FSLR, $AAOI, $HIIQ, $JASO, $VIPS and more… (This post is from Monday’s session not Tuesday’s as we had a technical issue Tuesday and Wednesday we did the Oil carting review with EPIC)

If there’s anything I can do to help with your trading drop me a line on contact page or DM https://compoundtrading.com/contact/ #howto #trade #stocks

Stocks, ETN’s, ETF’s I am holding:

Been holding these small bags wayyyy tooo long. I am holding (in order of sizing – all moderately small size – under 5% of my daytrading acounts) – $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Ticker	Last	Change	Volume		Signal
SNDX	13.58	44.62%	4268918		Top Gainers
CETX	3.94	25.08%	15280617		Top Gainers
RRGB	71.40	23.10%	4776909		Top Gainers
PULM	2.77	18.88%	5493631		Top Gainers
GRVY	19.65	17.31%	37925		Top Gainers
PBYI	36.25	13.46%	2034196		Top Gainers
RRGB	71.40	23.10%	4776909		New High
QIWI	21.02	5.73%	1969601		New High
CYOU	34.86	10.63%	866481		New High
GPRK	8.14	1.88%	308586		New High
NURO	4.05	-0.74%	46957		Overbought
TTEC	38.60	1.05%	196188		Overbought
BICK	26.07	-0.10%	411548		Unusual Volume
LALT	21.87	-0.74%	46100		Unusual Volume
EMCR	20.08	1.29%	14138		Unusual Volume
SPMO	28.34	-3.43%	42509		Unusual Volume
BCS	10.68	-2.38%	4992323		Upgrades
AEO	11.05	-14.74%	28417021		Earnings Before
BTX	2.98	-7.74%	540810		Insider Buying

Algorithm Charting News (Artificial Intelligence, Intelligent Assistants, Big Data and More):

??Price target hit perfect yesterday. Trade on way to today’s target call. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT

? Tues 430 direct algo target hit. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Complete $SPY S&P 500 Algorithm Rolls-Out this Week. A New Milestone at Compound Trading. #premarket $ES_F $SPXL $SPXS

The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Swing Trading Notes / News / Chart Set-ups:

Weekly Swing Trading Updates Mon May 15 $PCRX, $PBR, $CTSH, $FEYE, $TSLA, $NVO, $EWZ, $AGN,… #swingtrading #premarket

$AUPH If price stays in the white triangle it remains bullish imo – if it doesn’t it will potentially come under pressure. Basic model.

$ATHM Weekly Stoch RSI turn up near top, MACD turn up, SQZMOM up, Vol up, Post earnings, 50 MA near 100 MA breach. #swingtrading

$NFLX Swing trade going well. Trading 158.50 from 148.80 entry. #swingtrading

$LIT Trading 29.43. MACD turned up last Friday and all indicators on weekly and daily flashing bullish. #swingtrading

The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.

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

NA

Gold $GLD, $XAUUSD, $GC_F :

Funds cut #gold net-long by the most since October in wk to May 9. Only long liquidation with gross-short staying unchanged

Gold Miner’s $GDX:

NA

Silver $SLV:

#Silver has been particularly hard hit during the past month with the net-long slumping from a record to a 15-month low

Crude Oil $USOIL $WTI:

WTI speculative accounts decreased long by -$2.5bn to $5.3bn leading unwind in commodity complex

Volatility $VIX:

When $VIX gains 30% or more in a single trading session….80% of the time it gets obliterated T+20 days.

So I’m saying there’s a chance.

$SPY S&P 500 / $SPX:

I wondered why I was starting to look at more weekly charts vs daily charts with our swing trading platform recently. I get it. #perspective

Markets Looking Forward:

After-hours buzz: ASNA, CSCO & more –

Live Trading Chat Room Video Raw Footage and Transcript:

Two Part video (Part 1 embed is below and go to Compound Trading Youtube channel for Part 2 of live feed from day and other charting from the day).

@EPICtheAlgo Midday Oil Trade Chart Setup Review: $USOIL $WTI $CL_F $USO #OOTT

Compound Trading Stock Chat-room Transcript:

Please note: Miscellaneous chatter removed from transcript and some discussions I will add notes with information I’ve gleaned in discussions online with traders on DM etc also for further explanation (noted with *). Most days at 9:30 ET market open there is moderator live broadcast explaining trades and at times during the day there is also live broadcast market updates and trade set-up explanations (so you have to scroll through video feed to market open etc to catch live broadcast portions – in future we will note in in transcript when we are on the mic so viewers can correlate time with transcript with video feed when reviewing trades). 

Note: We are testing a new trading room. This particular room does not list a time stamp with each chat entry – we are working on a fix. Also, please note, sometimes pieces of the transcript are missing (also something we are working on). But the video is raw and complete.

Curt M: xPremarket momo $RRGB $CBIO $XGTI $SNDX $JACK
Curt M: $BEBE -29%, $BZUN -14%, $CNCE -10%,
Cara: $CETX on the move also
Curt M: Letting premarket set up a bit here – not enough yet for a decent premarket review – I’ll check back 9:15. Running scans.
Market Maven: gm
Flash G: hi mm
Tradergirl: gm
quarryrock: good am
Gwen: morn
Tradergirl: ur having great one hh and q, I missed the metals boat rats 🙁
quarryrock: thanks i have some GDX that looks good for today!
Shafique: lucky guy
Shafique: or skill:)
Tradergirl: woot shld do great
quarryrock: i like $CSCO for a scalp on a dip today
quarryrock: watching it
Shafique: Dems think they got Trump by the curlies I guess
quarryrock: options are priced off the $34.50 so if we see $30 im going in – big IF
Cara: $AMZN going after pharma soon they say
Curt M: Be on in 5 ish – another mellow premarket
quarryrock: sorry typo $34
Curt M: https://twitter.com/curtmelonopoly/status/864692190953472001
Curt M: Thats just a link re: noon session
Curt M: On mic in 2 mins>>>>>>>>>>>>>>>>>>> 9:23
Hedgehog Trader: i love Gartman
Hedgehog Trader: so, oil ripper then
Hedgehog Trader: among miners: $MUX 16% short position
Hedgehog Trader: could really smoke
Hedgehog Trader: silver up 14c
Hedgehog Trader: for silver, look at $EXK $AG $HL
Tradergirl: garts has been better as of late though
Tradergirl: better than SLV hh
Shafique: $CVU CPI Aerostructures Announces First Delivery of F-35 Lock Assemblies
Hedgehog Trader: miners typically have more leverage than the physical during rallies
Hedgehog Trader: and they tend to turn before the physical does- so their strength or weakness is a leading indicator for gold or silver
Tradergirl: super good to know thx hh. think we might see index btfdipping
quarryrock: long $CSCO $34 even
Shafique: $CETX should cfind follow though
Cara: $SBOW resumed trade
Shafique: $PULM poppin
quarryrock: $AMAT PT raised to $51 from $44 ahead of earnings 16% upside UBS
Market Maven: Long $CETX 4.43
Market Maven: See if I can get a break out
quarryrock: said no options this week but couldnt help myself. BTO $BABA $125 Cs $2.02 will not hold over the ER however – even though im bullish
Cara: TRUMP ADMINISTRATION TO RENEW SANCTIONS WAIVERS ON #IRAN ON WEDNESDAY, U.S. OFFICIALS TELL REUTERS
Kerry: another soft open… I think Curts right about focusing on swings going in to summer
quarryrock: $BABA working beautifully
Cal: nspr
Curt M: Oil report in 6 mins>>>>>>>>>>>>>>>>>>>
Hedgehog Trader: $THM moving
Hedgehog Trader: $WBMD
quarryrock: they are pushing $AMAT down hard. on scalp watch ahead of the ER
Cara: $GS -3.05%
quarryrock: long $AMAT 43.74
Shafique: unreal
sbrasel: quarryrock what is your exit target on $AMAT? i am in also
Glenn: Gold having a great day and likely continue strong for a while imo
quarryrock: bought $UVXY $13.50 Puts
quarryrock: .69
Curt M: #Oil rallies as inventories drop despite jump in imports as refinery demand picks up. Production shows first decline in 3 months. #OOTT
Sandy: $TEVA long
Curt M: $TCI halt
Hedgehog Trader: keep an eye on $NAK, Curt, lots of short 7.6 days to cover
Curt M: K
Edw: taking coffee till noon zzzz
Curt M: Back in 45 min for mid day chart review>>>>>>>
quarryrock: for $AMAT my exit is $44.50
quarryrock: will be interesting to see how mkt trades near the close
sbrasel: $uslv falling hard
quarryrock: yep! never fails
quarryrock: IWM looks terrible though so today is an ugly one
Edw: interesting day 4 sure
quarryrock: in ready for UVXY to tank and me to bank! lol
sbrasel: Curt Hold or Dump $USLV ??
Curt M: Silver is a sell on the hour and indecisive or a buy on every other time frame
Tradergirl: qr have tiny vol runner left, eod will be telling for broad mkts, either way here imho
Tradergirl: sound messy kk
Tom: how do we join ?
coleman: any tips on confirming when a “decision” has been made?
coleman: trade tagged the upward sloping channel as well, just fyi
coleman: thx Curt
Geert: thanx. nice info. makes me thinking
Shafique: thanks boss
Curt M: No prob
Curt M: Getting ready for afternoon session now – back in 30 mins for afternoon>>>>>>>>>>>>>>>>>>>
Market Maven: not too many set ups for the afternoon yet
Market Maven: Curt your going to have to expande the room allowable size I had a few peeps say they couldn’t get in 🙂
Curt M: Ya we’ve had a few today so we’re going to do that:)
Sandy: oils trying to get thru there but…. I don’t think so… if it does not for long
Sandy: I tooks your $SNDX alert yesterday Curt … good call on that btw
Kerry: i did too but small small size
Cal: time to buy the market long again soon me think
Cal: i didn’t see an alert on $SNDX??
Kerry: It was on the premarket newsletter as a chart to watch with a Golden Cross
Cal: completely missed it
Market Maven: Curt’s taking conference call that’s scheduled to be complete by 1:45 and then scheduled in room this afternoon FYI for those that need to know.
Sandy: So if oil traded below that lower support the thick silver line would there already be next main support on chart? Anyone know?
Flash G: I can answer that Sandy. Yes. It’s on the chart right now. On mine if I scroll down.
Flash G: I’m going for a scotch be back in 10 minutes.
Sandy: thats cool
Sandy: so i think I’ll short I can;t wait
Sandy: see its going down
Sandy: working so far
quarryrock: wow nothing to like today. looks like fear got people hedging SPX
Sandy: yup
Kerry: ok lets get a play”+
gary y: on the 30 min oil, the bar that just closed is a reversal bar
gary y: made a higher hi than the previous bar and closed on the low
gary y: a favorite entry of mine with a stop just above middle of the bar
quarryrock: pretty shocking when the QQQ gets hit this hard in a day

If this post was of benefit to you, be kind and share on social media!

Follow our lead trader on Twitter:

Article Topics: $SPY, $USOIL, $WTIC, EPIC Oil Algo, Swing Trades, $NFLX, $LIT, $ATHM – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Compound Trading, Learning, How To, Trade, Trading, Educational, Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $GC_F, $USO, $UCO, $SCO, $CL_F, S&P 500