Compound Trading Thursday May 4, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $FNBC, $APHB, $GOOGL, $USOIL, $XRT, $VFC – $PVCT, $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:

24 Hour Oil Trading Room on deck:) Memo out this weekend to those that have inquired FYI. $USOIL $WTI #OIL #Trading #OOTT

If there was a day for a learning trader to gets some education from our trading room it was last Monday. See video at twitter tweet link below.

Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading

Notice: Our lead trader coaching schedule is fully booked and waiting list started. Keep that in mind if enrolling or email in advance.

 Thursday was day four of trading challenge.

We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …

Last market trading session Post Market Stock Trading Results can be found here: (Previous week Thurs, Fri, and Mon are coming soon).

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

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters) :

#Premarket Chart Setup Review, May 3, 2017: $PIRS $STRP $WTW $ETRM $FEYE $USOIL $WTI $ESES $PHMD

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters) :

Market Opening, May 3, 2017: $PIRS $WTW $ESES $PHMD $TWLO $FEYE $DLPH

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters) :

Midday Chart Setup Review: $FNBC $APHB $BPMX $USOIL $WTI

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: 

Markets are looking good in premarket / futures. Could be a big day??✌

$FIT premarket up 8.27%

Popular: $CNAT, $SPY, $HYH, $CAKE, $WMGI, $DNKN, $RDS.B, $KLIC, $TEX, $PETX, $BOJA, $IPGP, $MET, $SYY, $SCVL, $NUS #premarket

Market Day, Chat Room Trades and Personal Trades:

$FNBC Awesome momentum play in the room. Ran it from .40 to .90 ish scaling in and out. #daytrading

Leaderboard $FNBC 180.24% $APHB 99.44%, $CDNA 44%, $ARWR 23%, $FORM 20.54% Rail 22.1% $APTO $OSUR $FIVN $HIIQ $AGEN $DWT #daytrading #stocks

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

Trading Lesson! Don’t short the momos unless at 50% 100% 150% 200% and under VWAP – shorts got hammered in to the ground on this one hard!

$APHB +135% Missed this train – was busy with $FNBC and don’t like to trade two break-outs. It caught shorts at that 8 ema snap back.

$APHB Golden technical opportunity to short on 3 min when 20 MA crossed 50 then VWAP then 20 under 100 then price under 200. #trading #setup

Looking for a trading home? What you can expect from the Compound Trading Lead Trader.  #trading #mentoring #freedomtraders

Stocks, ETN’s, ETF’s I am holding:

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):

Not available (late publishing)

Algorithm Charting News:

Wowza. Live video of direct price and time target hit Wed 10:30 #EIA report. $USOIL $WTI #Algo #OIL #OOTT

Crude oil lost critical support in premarket. EPIC once again nailed the time price cycle??⤵ $USOIL $WTI $USO $UWT $DWT #OIL #OOTT

EPIC Members: There is a moderately important time price cycle terminating this Tues / Wed. See report. Trade w/ caution during that time.

Members to my charting know in advance what conventional charts don’t. See for yourself. $USOIL $WTI $USO #Oil #OOTT https://compoundtrading.com/category/epic-the-oil-algo-chart-report/ …

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:

$GOOGL Long since 859.01 Trading 948.45 with SQZMOM green MACD ramped and decent vol. #holding #swingtrade Kings Queens and Castles.

Swing trade members published forecast for $GOOGL “Feb 3 – 1003.17 Price Target in 2017”

$XRT SPDR S&P Retail ETF Trading 43.02. Holding from 41.67 but MACD may turn down any second, and if so I will likely close. #swingtrade

$VFC Swing trade went well, now we watch. Closed 57.84 April 27 before earnings.from 53.50 entry no hold through earnings. #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 :

NA

Gold Miner’s $GDX:

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

Who knew? ? US crude falls below $47 a barrel to weakest level since OPEC announced output cuts –

Volatility $VIX:

NA

$SPY S&P 500 / $SPX:

NA

$NG_F Natural Gas:

NA

Markets Looking Forward:

NA

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)

 

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_1: Protected: PreMarket Trading Plan Wed May 3 $TRLD, $SCON, $BVDL, $AMLH, $BUDZ, $FIT, $EXP, $LITELINK: https://compoundtrading.com/premarket-trading-plan-wed-may-3-trld-scon-bvdl-amlh-budz-fit-exp-lite/PASSWORD: BANKI was in hospital most the night so it’s a light report (nothing serious just my bone degen issue in my jaw) – but I’ll be back to normal within a couple days – so my time on mic might be limited today.Let’s make bank people!Today’s Live Trading Room Link: http://compoundtrading1.clickmeeting.com/livetrading
Curt M_1: Looks like I’m up about 2100 on 20k acct after three days in two week double account challenge? Need to pick up the pace #tradingchallenge https://twitter.com/curtmelonopoly/status/860055887867551745
Curt M_1: $TRVN earnings – beats the expectation
Spiegel: Good morning everyone.
Spiegel: I just log in and the stock I was going to ask you about is staring me in the face
Curt M_1: haha
Sartaj: So no premarket review I’m guessing?
Curt M_1: I need a few minutes to run scans – market is a little wonky this morning – on mic at 9:15 at latest
Sartaj: Okay
quarryrock: good am folks
Curt M_1: gm
Sartaj: Hey, nice to see you
lenny: morn
quarryrock: sorry about yesterday. figured it out
Sartaj: No worries at all
Curt M_1: On mic in 1 min>>>>>>>>>>>>
Curt M_1: On mic premarket 9:18 AM >>>>>>>>>>>>>
Spiegel: FNBC incredible bounce
Spiegel: started bouncing yesterday
Spiegel: two horns there?
Spiegel: did a perfect VWAP bounce yesterday pm
Market Maven: Long $FNBC
Curt M_1: Long .40 $FNBC 10000 starter
Market Maven: add
Curt M_1: add 10000 45.4
Curt M_1: $CERS halt
Curt M_1: Out 20000 44.3 $FNBC
Market Maven: holding
lenny: Holding too
Spiegel: In retrospect, would you have rather got in once it broke yesterdays highs at .36?
Spiegel: no, I mean this morning when it broke yesterdays highs
Spiegel: BPMX another big dipper that could bounce
Market Maven: Out 45
Curt M_1: congrats maven!
Spiegel: APHB curling up. maybe good?
Market Maven: Should have held with ya Lenny
OILK: i did
OILK: 🙂
quarryrock: destroyed $SQ! BOOM!
quarryrock: best trade this month
Curt M_1: long 10000 $FNBC .50 tight watching for confirm
Curt M_1: Long 10000 .52
Curt M_1: nice quarry
quarryrock: TY this has potential to run to $20.8
Spiegel: Curtis, you need FNBC to be a big winner to catch quarry now!
OILK: nice work QR
quarryrock: cheers!
Curt M_1: Out .61 10000
Curt M_1: Out .59 10000
quarryrock: on watch for reversal north $ATVI and $PI
Curt M_1: 2200 or so so far on the two trades
quarryrock: nice!
Curt M_1: long .63 10000
Curt M_1: stopped flat
Spiegel: Man, that free month of subscription for that is going to be sweet!!! 🙂
Spiegel: Guelph Ontario which is near Toronto
quarryrock: ATVI tank
Spiegel: great!
Spiegel: Joining June 1
Curt M_1: Long 68.5 10000
Curt M_1: Out 73.8 10000 $FNBC
Spiegel: Send me an air freshener you dangle from rear view mirror.
Curt M_1: 2700.00 so far on $FNBC
Curt M_1: Long .81 20000
Spiegel: and look at APHB!
Spiegel: a halt when its rising like that can be a good thing.
Spiegel: 2.40 when I mentioned it to 3.20
Spiegel: make that 3.60
Spiegel: FNBC is back
Curt M_1: 20000 out .77
Curt M_1: Puts me back to 1920.00 on it
Spiegel: I’m surprised it didn’t keep going once it resumed. If everything was going great up to that point and there was no bad news, why not?
Spiegel: I bought FNBC on the dip there
Spiegel: How about a gap fill up to 2.63?
Spiegel: 2.60
Spiegel: should I be scared here at .66?
Spiegel: got a stop at breakeven
Spiegel: think I’ll get stopped, no party for me
Spiegel: stopped out
Spiegel: Made a big $24. Enough for a mediocre dinner at TGI Fridays with appetizers and dessert
Curt M_1: 4.61 $APHB long
Curt M_1: 1000
Spiegel: Of course FNBC coming back without me in it
Curt M_1: Out loss 4.41 from 4.61 $APHB -200
Curt M_1: Up around 1700.00 on day
Curt M_1: Back in an hour for midday review.
Sartaj: thx
quarryrock: $PI dropped. could see them take it down $35.50 pre ER
quarryrock: just watching volume still light
quarryrock: quick update on the Two week challenge:
quarryrock: P&L is +$8900 so far
Curt M_1: Wow nice! I’m at 3800.00 lol
quarryrock: yeaterday i was down quite a bit so really needed today to get it back
quarryrock: $SQ was a huge win
Curt M_1: nice
quarryrock: nice! $3800 is fantastic. we need to average $1k a day
Market Maven: making it look easy too:)
Market Maven: and its not haha
quarryrock: i got smoked on AAPL SLW and GRPN yesterday
Flash G: That’s why I swing trade – daytrading was too tough on me. But I enjoy watching.
quarryrock: traded AAPL twice and second time my options got run over
quarryrock: swing is better. i did alot of hokework on SQ. went in very confident had common stock and options – downside was about $2 so risk return good on the stock
quarryrock: homework
quarryrock: SQ entries were $18.26 and $19.19 AH yesterday – exits were $20-$20.24
quarryrock: options paid @ 47%
quarryrock: pardon 57%
quarryrock: long 500 shs of $PI $36.66 stop is 35.66
quarryrock: BTO $19 C’s $SLW .12
Curt M_1: Will be on mic at 12:10 for mid day review >>>>>>>>>>>>>>>
Spiegel: Is UWT going to bounce today? at 14 even right now
Curt M_1: 44.21 is next support in oil (next major support) on FX: $USOIL $WTI chart
Hedgehog Trader: $GDX going up
Curt M_1: On mic in 1 min for mid day review>>>>>>>
Curt M_1: On mic 12:10 for mid day chart set up review >>>>>>>
the lion: good day all
Sartaj: Hello
Luisito: hello to everybody … if possible a live update on OIL will be great …
the lion: chief can u look at mzorPLEASE ?
the lion: MZOR
Sartaj: Hey, Luis
Luisito: hola a todos
Luisito: I’ve seen the emails
Luisito: understood … have not seen that one … I’m interested ’cause I was making money short …
Luisito: (I’ve also lost money long, yes … yesterday)
Sartaj: Was it during the EIA report?
Luisito: yessa … got spanked 70 ticks or something in that area
the lion: u must trade with rules of tp and sl
the lion: unless u lost all
Luisito: I do have stops sometimes, sometimes not … yesterday I went out with stops
Sartaj: So the trick was, since price was going in an upswing towards the target, to get out before it spiked down into the target
Leanne: firm but fair
Sartaj: but that’s good you had a stop
Sartaj: similar thing happened to me on Tuesday
Luisito: I went long at the top of the move, seeing your idea on email
Spiegel: So because it’s news, EPIC can’t know the news so don’t hold into reports ever?
Luisito: okis
Curt M_1: 44.21 FX $USOIL $WTI Main Support
Luisito: 47.58 is now top of channel and 44.21 is support
Sartaj: Yes
Sartaj: There you go
Luisito: got it
Spiegel: In the oil room, will you tend to focus on the CL or the QM?
Luisito: perfect. not more questions from my side
quarryrock: curt LITE looks like it wants to dive?
the lion: הקרט מןבק
the lion: very nice
the lion: can u see navb please
quarryrock: $PI at the airport and ready for take off!
the lion: the piza is on the way 🙂
the lion: yes
Spiegel: pizza too tough for his mouth right now. Need something soft – like SPAM.
the lion: 10x
mat: I can’t wait to short that thing
the lion: i have more one but this crazy stock ..i buy today
the lion: i hold navb 0.53$
Luisito: bye
Sartaj: Nice to see the newsletter people in here sometimes
Sartaj: Like two different worlds
the lion: fnbc flyyyyyyyyy
the lion: wow
Curt M_1: haha ya
the lion: as far as i know- the stock will stop trade at 10/5
Flash G: It might really get going again soon
the lion: last friday the price of this stock was 0.09-0.1$ …
Curt M_1: nice range
Sartaj: Okay, everyone, going to process some data. See you all tomorrow
Curt M_1: I’ll be here… FYI…. to hit a home run this afternoon…. thats my plan heh heh
Market Maven: concur
the lion: good day from il.
lenny: yup
quarryrock: $ATVI beautiful pre ER ramp missed it
quarryrock: Non Farm Payroll tomorrow – gold?
Curt M_1: Leaderboard $FNBC 180.24% $APHB 99.44%, $CDNA 44%, $ARWR 23%, $FORM 20.54% Rail 22.1% $APTO $OSUR $FIVN $HIIQ $AGEN $DWT #daytrading #stocks
Spiegel: FNBC tanking now
Spiegel: only up a pathetic 143%
Spiegel: its following oil now
Market Maven: ha
Spiegel: although it did just put in a nice hammer candle at VWAP
quarryrock: ok over $37 on $PI and take a small scalp on this pony – Im bullish but not going to hold it into ER
Flash G: I will swing that oil trade with you Curt, but it nees to drop another buck so maybe tomorrow.
Curt M_1: Ya might not get there on first round, may have to go up channel and back down we’ll see.
quarryrock: wow $LITE all day fade would have been a great ss
quarryrock: BTO $ATVI Ps $1.45 5/5
quarryrock: $53.00 ATM
quarryrock: took the $PI scalp +.54 $270
quarryrock: got a feeling this one really rips AH
quarryrock: i love activision but looking for some profit taking now into the close if no pb then leave the puts on for the report tonite not a large trade and this stock due for a pb after er
quarryrock: just a beast though
quarryrock: profit taking already going on tonite in the video game sector with $TTWO off ATHs
Curt M_1: Awesome short set up when $APHB lost VWAP
quarryrock: $TWLO CEO on Cramer tonite
Curt M_1: interesting
quarryrock: wow PI ramp. blew that exit folks.
quarryrock: very bullish close for PI
quarryrock: well you can see the trade i was attempting to do here was ride the ramp into the close and sell before the bell. left about .80 on the table oh well take a small win
Market Maven: I see that
Curt M_1: You guys have a great night!!!!
OILK: See you tomorrow
quarryrock: you too !

 

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

Follow our lead trader on Twitter:

Article Topics:  $FNBC, $APHB, $GOOGL, $USOIL, $XRT, $VFC – $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


Compound Trading Wednesday May 3, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $UWT, $TWLO, $PIRS – $PVCT, $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:

If there was a day for a learning trader to gets some education from our trading room it was Monday. See video at twitter tweet link below.

Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading

Notice: Our lead trader coaching schedule is fully booked and waiting list started. Keep that in mind if enrolling or email in advance.

Tuesday was day three of trading challenge.

We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …

Thanks for the replies to the Freedom Traders post on weekend! I’ll think through them and respond thru the week. Require thought! Peace:)

Last market trading session Post Market Stock Trading Results can be found here: (Previous week Thurs, Fri, and Mon are coming soon).

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

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters) Tuesday won’t be published (lacking content) and Wednesday currently being processed:

$OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters) Tuesday won’t be published – lacking content and Wednesday currently being processed:

$OCN $YTEN $MTBC $CCCN $TWTR $AEZS

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters) Tuesday won’t be published (lacking content) and Wednesday currently being processed :

Midday Chart Setup Review: $OCN $CCCR $CYOU $BTSC $USLV $AG $ABBV $XRF $CMRE, $BLDV

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 Trading Plan Wed May 3 $PIRS, $PHMD, $ESES, $BLDV, $BVTK, $VRX, $TAN, $GSIT

$PIRS Premarket up 49%.

Market Day, Chat Room Trades and Personal Trades:

Today I traded $TWLO wash-out snap-back for a win and closed my overnight $UWT $USOIL $WTI related trade right before #EIA report for a win.

Closed $UWT right near early high this morning. @EPICtheAlgo got me out right on time live in room. Video out later.

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

Here’s quick email interaction from today re: $TWLO:

Member:

Hi guys

I hate to bother you with stuff but in today’s live action early in the am Curt pointed out that twlo under 25 had another dollar and when the trade was made he mentioned that he will close above 26. Pretty impressive. I just wanted to know what was the method used there to determine a) that twlo was going to go up and not down again like the night before and how did targets get determined?

Thanks in advance.

Nasir

Curtis:

Hey no problem message me on Twitter DM anytime to if you like or tag me in a tweet – whatever’s easier for you

Ummm… the answer is long on that… it’s the indicators the MA’s and how they were set up… the mid day review videos on our You Tube will kind of explain.

I’ll try and do a post specific to your questions soon if time allows:)

Looking for a trading home? What you can expect from the Compound Trading Lead Trader.  #trading #mentoring #freedomtraders

Stocks, ETN’s, ETF’s I am holding:

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
PIRS 3.67 52.92% 27739800 Top Gainers
ESES 1.40 34.62% 8055300 Top Gainers
STRP 155.20 23.35% 1257738 Top Gainers
BPI 15.01 21.93% 500400 Top Gainers
MYGN 22.50 20.45% 4540100 Top Gainers
XENT 24.10 20.20% 1742400 Top Gainers
BGMD 0.07 30.54% 20003 New High
PIRS 3.67 52.92% 27739800 New High
BPI 15.01 21.93% 500400 New High
XENT 24.10 20.20% 1742400 New High
IAC 96.02 -0.23% 1622700 Overbought
OHGI 2.03 -2.40% 162646 Overbought
PIRS 3.67 52.92% 27739800 Unusual Volume
HJPX 26.23 -0.08% 14370 Unusual Volume
OB 18.24 16.18% 4656300 Unusual Volume
FNBC 0.25 164.48% 37490437 Unusual Volume
AMED 57.63 2.75% 961600 Upgrades
AAWW 53.35 -7.70% 541700 Earnings Before
MLVF 21.85 0.00% 600 Insider Buying

Algorithm Charting News:

Every target predicted last week hit! Tues Wed Fri! Crude algo work sheet FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Don’t miss this video. #algorithms #fibonacci

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:

For our swing trading platform users there is a new report out.

Protected: Weekly Swing Trading Stocks Wed May 3 $BA, $NFLX, $AXP, $GSIT, $TAN, $VRX, $WYNN, $BABA … #swingtrading

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

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

USD/JPY bets ramp.

Gold $GLD, $XAUUSD, $GC_F :

Gold Miner’s $GDX:

Biggest Gold Miner ETF Just Saw Largest Outflows on Record http://www.bloomberg.com/news/articles/2017-05-01/biggest-gold-miner-etf-just-saw-largest-outflows-on-record … ht @TN

Silver $SLV:

Silver ETF falls for the 11th consecutive day, longest streak in its history (inception April 2006). $SLV

Crude Oil $USOIL $WTI:

Was it really that hard to predict ? Go long! ? Rising U.S. oil production knocks OPEC off course: Kemp http://reut.rs/2qpkGXt via @Reuters

Energy Select Sector $XLE death cross.

Volatility $VIX:

Low volatility and Crowded Trade Risk. One of my favs. #edge ?⤵

‘Volatility markets are pricing in virtually zero risk in the near term.’

The time to worry about VXX is when volume (as % of total shares outstanding) dries up.

$VIX short exposure.

$SPY S&P 500 / $SPX:

NEW Blog – “How Concerning Is The Underperformance Of The Equal Weight S&P 500?” https://www.seeitmarket.com/how-concerning-is-equal-weight-sp-500-underperformance-16824/ … by @CiovaccoCapital
$SPX $SPXEW

$SPX in only 7-point range Tuesday, ahead of FOMC. I’d say that low Average True Range (ATR) is marking a top, but it has not worked lately.

Surprisingly enough, YoY growth in margin debt has historically been a positive sign for the S&P

$NG_F Natural Gas:

NA

Markets Looking Forward:

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)

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_1: On mic at 9:05 for Premarket Review
Sartaj: Good morning, everyone
Curt M_1: Morning Sartaj – won’t be on mic until 9:10 watching a few stocks here
Curt M_1: On mic for premarket review 9:10
quarryrock: good am all
Flash G: gm
Sartaj: 15.79
Spiegel: 15.85?
Sartaj: Spiegel wins
Spiegel: I WIN!!!
Spiegel: Send me my prize.
sfkrystal: anyone else getting regular drops from this room?
Sartaj: No, everything sounds fine on my end
Sartaj: haven’t been kicked, either
sbrasel: thoughts on twlo?
sbrasel: below ipo and heavy short interest
sbrasel: not sure
sbrasel: they blamed it on uber
sfkrystal: $PIRS down to 3.23 ask
Market Maven: $TWLO Ilike that idea thanks!
quarryrock: took a bath on my GRPN casino play
sbrasel: 35 % short interst
Flash G: Long $TWLO 24.65 small start
Lenny: I need a bath
Lenny: In $TWLO with ya Flash
Lenny: panny moregoing t oplay the range to res
quarryrock: AMD nice DCB
Spiegel: hot crappy low priced stock today with lots of twitter buz is budz
Spiegel: BUDZ
Spiegel: terrible daily but like CNBX due for a bounce
Market Maven: A lot of short opps at open.
sfkrystal: like that $PIRS held 3.08
Spiegel: PIRS turning up nicely
sfkrystal: in from 3.20 $PIRS
quarryrock: STC $QQQ .52 +27%
Lenny: $PIRS snap back could get huge
Spiegel: good one krystal. Was looking to get in and I looked away at something else and it took off without me
Sammy T: yep nice
Flash G: $GILD bottom on watch
Sammy T: $FNCX 19%
Spiegel: Did you remember to reboot your computer before open today?
Curt M_1: ha ya
quarryrock: $FSLR on the loose !
Sammy T: $MTBC pressure
Sammy T: Long $DUST starter
Curt M_1: $TWLO res tes
Curt M_1: res test
quarryrock: BTO $CRM 86.5 Ps .42 5/5
Sartaj: Putin and Erdogan press conference in Sochi
Spiegel: BUDZ 1.42 now
Spiegel: 1.48 now. Think it was 1.32 when I first mentioned it
Spiegel: You need a gaming laptop
sfkrystal: $PIRS nhod
Spiegel: AMLH moving
Sartaj: 5 minutes to #EIA
Curt M_1: Close $UWT 16.16 1200 shares small win from last night swing
Sartaj: Spiegel hasn’t seen this in real-time before
Sartaj: Quite a few people in here who haven’t
sfkrystal: whoah
Sartaj: SEE?!
Sartaj: WE’RE NOT CRAZY
sfkrystal: that’s… insane
Sartaj: Managed markets
Spiegel: So was EPIC calling for it to drop there?
Sartaj: Intersect the span of the quadrant, with a high probability of dropping through its lower supports
Sartaj: But if you want to be specific, an algorithm calls one output; in this case, a price/time. So we knew it would hit 47.83 at 10:30 am exactly
Sammy T: EPIC
Sammy T: good name
Spiegel: You weren’t holding any positions though when that oil report came out though, right?
sfkrystal: brilliant
Spiegel: I’ve decided I’m definitely joining the EPIC bundle on June 1 for 6 months.
quarryrock: $X woodshedded
Lenny: super cool stuff
Sartaj: Not much more to say. Now you all know where the frustration comes from when everyone’s bullish (TV, fintwit, etc.), and EPIC is calling these turns literally weeks in advance. The latest top, for example – called six weeks in advance
Sartaj: And then, when the turn was happening, people are still sending DM’s “oh hard to say where oil will go…”
quarryrock: STC $CRM Ps +.11 26% hitting singles
Sartaj: I’ll get a highlight video up later today
Spiegel: I wouldn’t let it bother me. Youre making big money and you have the satisfaction of always being right
quarryrock: all the large QQQ names choppy
Curt M_1: $TWLO having hard time with 200 MA on the 3
Curt M_1: I literally never lose in oil plays – when room is open I’ll trade intra day too like mad – that chart you see is a 30 min – but those are available on all time frames for tight trade or wide trade
Spiegel: When am I supposed to sleep?
Curt M_1: I don’t now you know why
sfkrystal: lol
Spiegel: there must be a dead hour or two between different sessions
Curt M_1: I haven’t slept since EPIC was invented
Spiegel: Oh wow!
Curt M_1: hardly lo
Sartaj: Coding phase will alleviate some of that pressure, but you get even less sleep during software development
Sartaj: so.
Spiegel: Guess I’ll just have to develop a coke habit combined with Monster energy drinks in order to stay awake and trade EPIC
Curt M_1: and we have the algos now for other things like Gold etc so we’re puped about the future
Curt M_1: coke would help ya
quarryrock: BTO $146 $AAPL Ps .76
Spiegel: LOL – great. And I’ll be able to afford it too!
Spiegel: kidding of course
Sartaj: pays for itself
Curt M_1: Long $TWLO 24.98 800 shares
quarryrock: STC $APPL P’s quick scalp .11 $500
Spiegel: AMLH finally broke a penny.
ny75: snap 20 cross 200 on 3 min coming up
quarryrock: AAPL may go find that $145 again
Curt M_1: Going for coffee – will be back for lunch hour review. Will watch $TWLO while gone and dump it if it loses much more than VWAP
ny75: what is the target for twlo?
Curt M_1: I don’t have one – just a daytrade snipe
ny75: ok thanks
quarryrock: BTO $SLW $19.50 Cs .27 5/5
quarryrock: miners are waking up
Hedgehog Trader: $EXK beasting (silver miner)
Sartaj: Midday Chart Review starts at 12:05
Curt M_1: On mic>>>>>>>>>>>
ny75: $shop
Spiegel: JNUG
mat: Old fave ASM trying to base off of a sloppy looking double bottom at 1.4/1.41. Im in a few looking for another run
Spiegel: MAybe AMLH
Hedgehog Trader: Mat- look at $EXK
Hedgehog Trader: it’s one the best performers today for great fundies
mat: Will do. TAHO was a crazy earnings beat. I think they are backloading a lot of their costs to the rest of the year or something
mat: EXK looks good. PPP puting in a similar move after nice earnings as well. PPP had a large strike going at it’s major mine so the rest of the year should rock
Hedgehog Trader: and Mat- $NAK
Hedgehog Trader: been strong during downdraft
mat: NAK is on my DNT list lol
ny75: shop
Hedgehog Trader: ha 🙂
Hedgehog Trader: $SINO always strong
Hedgehog Trader: i’m looking for shippers to rally hard into mid-May
Hedgehog Trader: my signals indicate a very large magnitude move in next 15 days for $EXK
Hedgehog Trader: makes sens if you believe miners will break out
Hedgehog Trader: of their slump and run
mat: Silver is oversold hard and GDX has been acting better. Put in its low last week while silver/gold continue to be weak so that tells em miners want to rally if the base metals cooperate
mat: gdxj/gld ratio is also in the gutter
Hedgehog Trader: gold usually bottoms after miners
mat: Yepp, usually miners front run the metals. I’m looking for this week and next weeks earnings to be the catalyst to get things moving north
Hedgehog Trader: Mat i get we’re likely to see them run to at least May 16th
sfkrystal: $PIRS might be setting up
will: pulm?
Hedgehog Trader: Opa!
ny75: question: are you in snap in your swing side port?
Hedgehog Trader: that’s okay Curt, can’t get em all. besides, you can make bank on LACDF
Hedgehog Trader: tremendous fundies behind lithium right now
Spiegel: I’m just worried about them defaulting.
Hedgehog Trader: some of these had long consolidations
Hedgehog Trader: like $ESEA and investors aren’t always sure when to jump in
Hedgehog Trader: LACDF also had $440k of insider buying since Apr 11
Spiegel: TWLO making at bit of a comeback
Spiegel: When market gets soft, are you set to do bearish 3X ETFs?
Curt M_1: yes sir
Curt M_1: and it may not get soft
Spiegel: Great!
Sartaj: brb
Spiegel: I’ve got TWLO options expiring Friday
will: cbli pulling back today
Spiegel: My TWLO options up 53% if I sell at the ask
Curt M_1: $VWR halt
Spiegel: TWLO continues to impress
Spiegel: Only $1 from target
Spiegel: Even Wikipedia has all you need to know
Spiegel: Sorry, that ws for someone else I was chatting with
Spiegel: TWLO 25.99!
Spiegel: $even the even $26 didn’t slow it down too much
Sartaj: It’s actually going, but the MACD is about to peak
Spiegel: Selling my options
Sartaj: Nice
Spiegel: out
Sartaj: Just in time
Sartaj: Hello, Bernard
sfkrystal: $VWR should go to at least 40% on the day
Curt M_1: You’ll like it Spiegel
Spiegel: In at .65. Endured some pain and almost sold. Sold for 1.25 for 92%
Spiegel: Peaked at 1.50 ask
Curt M_1: nice
sfkrystal: which was that spiegel?
Spiegel: TWLO call options
Spiegel: May 5, $25s
sfkrystal: ah, ok options ic
Spiegel: very risky since so short term
Spiegel: If TWLO stayed under $25 by Friday I’s lose everything. So I didn’t bet big.
sfkrystal: $PIRS has trouble with 3.72
Spiegel: Getting out of TWLO was great timing. If I had to sell now bid on the option is only .75 so just 15% profit. cents profit
sfkrystal: back in $PIRS from 3.72
Market Maven: $PIRS could break out here for sure
Spiegel: Agree Maven. Right at the breakout level now
Spiegel: 3rd times a charm
Curt M_1: $HIL halt
Spiegel: I want back in to TWLO options but my history has always been when I go back for seconds I lose. Should just be happy with what I’ve made
Flash G: yes
Spiegel: Lets just mark the stock here 25.85 and see how it wouldve worked out for me.
Spiegel: I’m not buying
Spiegel: watch, this will be the time it wouldve realy worked out
Spiegel: $26.75 here we come!
Spiegel: JNUG almost $17!
Sammy T: Miners are frisky with FOMC for sure
Curt M_1: Fed unchanged
Spiegel: as expected
Flash G: $GOOGL has legs under it.
Hedgehog Trader: $ASM chart now looking good
Spiegel: maybe not for long if gold keeps going down. I can’t believe rates unchanged is making it fall. It should be making it rise.
Flash G: Fairly quiet post FOMC – should pick up after oil closes at 2:30
Curt M_1: $TWLO out 25.59
Spiegel: So glad I didn’t rebuy the options. Old Spiegel would have
Curt M_1: Should have bailed when resistance was tested
Curt M_1: haha
Curt M_1: 24.98 buy 800 shares out 25.59 was originally going to close at 26.30 ish ugh
Sammy T: Long $PIRS 3.90 for a test on break-out
Flash G: Russell didn’t hear what it wanted that’s for sure
Sammy T: Would be nice to get a power hour
Hedgehog Trader: instead of a powder hour
Hedgehog Trader: or a chowder hour
Market Maven: yup
Spiegel: FNBC looking good
Hedgehog Trader: btw for miners have a look at $GPL, Mat
Hedgehog Trader: https://twitter.com/HedgehogTrader/status/859846780288200704

Sammy T: Have a good one all! See you tomorrow.
Bernard: Hi Sartaj
Bernard: I haven’t been watching much today. lol
Market Maven: You too!
Sartaj: Just as well. In any case, looks like there was some interesting stuff going on with oil today. Did you go short?
Bernard: Unfortunately, I didn’t.
quarryrock: interesting behavior on AAPL all day
Sartaj: Nice to hear from you, in any case. We usually don’t hear too much from the newsletter people haha
Sartaj: Nice to hear from you, in any case. We usually don’t hear too much from the newsletter people haha
Lenny: Night all
Bernard: haha. yeah. I’m waiting for oil to bottom out and ride it back up
Curt M_1: Night golks
Bernard: If I’m reading chart correctly, the bottom should be 47.30 unless it breaks support, right?
Sartaj: Can you send that again over email, please? We are about to shut down the room
Bernard: sure
Sartaj: Thanks

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

 

Follow our lead trader on Twitter:

Article Topics: $UWT, $TWLO, $PIRS – $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


Compound Trading Tuesday May 2, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $ANGI, $ELED, $CNBX, $ETBI, $UWT – $PVCT, $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:

If there was a day for a learning trader to gets some education from our trading room it was Monday. See video at link below.

Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading

Notice: Our lead trader coaching schedule is fully booked and waiting list has started. Keep that in mind if enrolling or email in advance.

Tuesday was day two of trading challenge.

We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …

Thanks for the replies to the Freedom Traders post on weekend! I’ll think through them and respond thru the week. Require thought! Peace:)

 

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

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters) Tuesday won’t be published (lacking content):

$OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters) Tuesday won’t be published – lacking content:

$OCN $YTEN $MTBC $CCCN $TWTR $AEZS

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters) Tuesday won’t be published (lacking content):

Midday Chart Setup Review: $OCN $CCCR $CYOU $BTSC $USLV $AG $ABBV $XRF $CMRE, $BLDV

Most Recent Public Swing Trading 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: 

Protected: PreMarket Trading Plan Tues May 2 $ANGI, $THC, $LMNX, $ALNY, $MOC

Member Reminder: Premarket chart set-up review in trading room 9:00! Charts. Live voice broadcast. https://compoundtrading.com #freedomtraders

$ANGI Premarket up 56%

Market Day, Chat Room Trades and Personal Trades:

$ANGI, $ELED, $CNBX, $ETBI, $UWT

So far on the two week trading challenge Monday I tool a trade in $MTBC and today in   both for small wins and late Tuesday (in after market) I took a long position in $UWT (oil related). And I was in $ANGI for a paper cut loss.

Quarry Rock is rocking it! I need to do some catch up:)

Traders in our room were also in $CNBX and $ETBI.

Leaderboard: $ANGI 58.91% $SPAN 32.9% $THC 23.26% $CHGG 21.56% $CYH 19.43% $IAC 17.31% $PBI 16.39%

In Play: $MTBC, $CGI, $SHOP, $CHGG, $NXTD, $OCN, $BDSI, $DGAZ High Uncertainty: $DBVT, $ANGI, $ALV

In to the close leader board: $ANGI 63%, $SPAN 33%, $CHGG 29%, $THC 21%, $RTNB, 19.4% $CYH 18.7%

$ELED OTC Strong in to the close 34% today holding for now.

$ETBI OTC Holding trend still up 8% on the day. #OTC 49M shares double normal.

$CNBX Closing near HOD also. Up 19% on the day. #pot #OTC

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

Looking for a trading home? What you can expect from the Compound Trading Lead Trader.  #trading #mentoring #freedomtraders

Stocks, ETN’s, ETF’s I am holding:

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
ANGI 9.51 61.46% 26455500 Top Gainers
SPAN 28.90 32.93% 218253 Top Gainers
CHGG 11.79 28.71% 13036700 Top Gainers
BASI 1.54 23.20% 3013000 Top Gainers
THC 18.66 21.56% 16929409 Top Gainers
CYH 10.32 19.72% 14792503 Top Gainers
CHGG 11.79 28.71% 13036700 New High
SPAN 28.90 32.93% 218253 New High
IAC 96.24 14.31% 6211322 New High
SARA 0.14 0.00% 18874 New High
OHGI 2.08 13.79% 685533 Overbought
BCEI 37.95 -3.19% 329200 Overbought
MOC 2.83 12.30% 1805695 Unusual Volume
ASBB 40.50 15.71% 257140 Unusual Volume
SPAN 28.90 32.93% 218253 Unusual Volume
SARA 0.14 0.00% 18874 Unusual Volume
BSBR 8.87 3.38% 4107200 Upgrades
ACRE 13.42 -4.76% 242600 Earnings Before
MDSY 0.73 4.29% 40271 Insider Buying

Algorithm Charting News:

Every target predicted last week hit! Tues Wed Fri! Crude algo work sheet FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Don’t miss this video. #algorithms #fibonacci

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:

For our swing trading platform users there is a new report out.

Protected: Weekly Swing Trading Updates Mon May 1 $IBB, $AGN, $CTSH, $TSLA, $SNAP, $VGX, $AAU, $NVO…

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

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

USD/JPY bets ramp.

Gold $GLD, $XAUUSD, $GC_F :

NA

Gold Miner’s $GDX:

Biggest Gold Miner ETF Just Saw Largest Outflows on Record http://www.bloomberg.com/news/articles/2017-05-01/biggest-gold-miner-etf-just-saw-largest-outflows-on-record … ht @TN

Silver $SLV:

Silver ETF falls for the 11th consecutive day, longest streak in its history (inception April 2006). $SLV

Crude Oil $USOIL $WTI:

Was it really that hard to predict ? Go long! ? Rising U.S. oil production knocks OPEC off course: Kemp http://reut.rs/2qpkGXt via @Reuters

Energy Select Sector $XLE death cross.

#OIL Recent highs – chart perspective – it will be interesting around the corner.

Volatility $VIX:

Low volatility and Crowded Trade Risk. One of my favs. #edge ?⤵

‘Volatility markets are pricing in virtually zero risk in the near term.’

The time to worry about VXX is when volume (as % of total shares outstanding) dries up.

$VIX short exposure.

 

$SPY S&P 500 / $SPX:

NEW Blog – “How Concerning Is The Underperformance Of The Equal Weight S&P 500?” https://www.seeitmarket.com/how-concerning-is-equal-weight-sp-500-underperformance-16824/ … by @CiovaccoCapital
$SPX $SPXEW

 

$SPX in only 7-point range Tuesday, ahead of FOMC. I’d say that low Average True Range (ATR) is marking a top, but it has not worked lately.

Surprisingly enough, YoY growth in margin debt has historically been a positive sign for the S&P

$SPY $SPX play book should have plan B. ?⤵

.Looks like $SPX needs a Fed “no rate hike relief rally” to get to new highs.

$NG_F Natural Gas:

NA

Markets Looking Forward:

AM #earnings $S $GRPN $YUM $TAP $TWX $SO $GRMN $HUM $CLX $ADP $DLPH $NVO $EL $EMES $HFC $ICE $RAI $ACCO $SCMP $CDW

Small Caps Lagging

#BIG6 ? $AAPL $GOOGL $MSFT $XOM $AMZN $FB

Tech leading all sectors YTD (+14%) and 1-year (+31.6%). New all-time high today in $XLK and $SPY (total return).

Ratio of Consumer Discretionary to Consumer Staples hits an 18-month high. $XLY $XLP

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)
 

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.

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

Curt M_1: Protected: PreMarket Trading Plan Tues May 2 $ANGI, $THC, $LMNX, $ALNY, $MOCLINK: https://compoundtrading.com/premarket-trading-plan-tues-may-2-angi-thc-lmnx-alny-moc/PASSWORD: 051217PRE
Curt M_1: Stock Trading Results Mon May 1 $MTBC, $OCN, $OCCR, $TWTR, $BLDV, $BTSChttps://compoundtrading.com/stock-trading-results-mon-may-1-mtbc-ocn-occr-twtr-bldv-btsc/
Curt M_1: Back at 9:05 for premarket review>>>>>>>>
Sartaj: Good morning, everyone
quarryrock: Hello Good am
Curt M_1: gm
Curt M_1: On mic in 1 min for premarket >>>>>>>>>
Curt M_1: pn mic>>>>>>>>>>>>>>>> 9:07
sfkrystal: If the buyout bit id 8.50, why would it go higher?
sfkrystal: http://www.marketwatch.com/story/angies-lists-buyout-bid-is-well-below-ipo-price-2017-05-02?siteid=yhoof2&yptr=yahoo
Sartaj: Thank you
sfkrystal: mtbc
sfkrystal: oops
sfkrystal: down p/m
sfkrystal: but gained yesterday
quarryrock: haha
quarryrock: ss $SHOP $79.90 pre
sfkrystal: yeah volume is already 2M, could be a squeeze
sfkrystal: lol
Spiegel: ELED
sfkrystal: OHGI?
Sartaj: Literally slept in
quarryrock: ss $SHOP $82.40 last add
mat: waht a crappy open. Thought AMD or X might give me a play, weak all around so far
Market Maven: On $DISH short
Market Maven: forgot to alert sory
Flash G: $SHOP small swing doing ok but others exc
lenny: wtf haha bad open
quarryrock: BTC $SHOP $80.34 gain +.81
quarryrock: whipsawed me
quarryrock: but ill take it
Sartaj: Terrible. And as Mat mentioned, couple of these sectors should have been up, if nothing else on geo factors
Sartaj: Yesterday was interesting in terms of the Korean Peninsula, then again May Day protests could still be wearing off
Curt M_1: 21,000 shares #ELED .0462 ish waiting on ticket
Curt M_1: $ELED OTC
quarryrock: wow right trade poor entry and exit for me folks on SHOP
sfkrystal: lol
Curt M_1: 9.63 800 long $ANGIE
sfkrystal: Tori Amos did a great cover too
mat: Semi’s down hard across the board not helping SPY
Curt M_1: $ELED Long add 175,999 shares .051
quarryrock: $AMD overdone on watch here
Curt M_1: $ANGI 9.28 closed loss
Sartaj_1: Oil algo is on its way to a direct target hit
Sartaj_1: A lot easier than watching bulls get trampled lol
Market Maven: $DISH all covered
quarryrock: STC $UVXY $13 Cs +.10 25%
Spiegel: GAHC?
quarryrock: BTO $TWLO $34 Cs .87 5/5
Carol: $ADHD b/o possiblr
Spiegel: Curtis , if ELED is a big winner it was all me. But if it’s a loser it’s all yours. OK?
Flash G: haha
Flash G: awesome
Curt M_1: ok
Spiegel: CNBX here
Flash G: $RTIX re – confirming on the swing
quarryrock: added $TWLO $34 Cs .77 5/5
sfkrystal: angie agreed at 8.5
Spiegel: I did the AMD calls when it was 11.06. Up 20% so far
Market Maven: Long $AMD 11.28 for a start
Spiegel: AMD now above VWAP
quarryrock: looking for Oprah to break down more
quarryrock: still in $21 WTW puts
quarryrock: STC 50% of $TWLO Calls .98 +27%
quarryrock: that was a nice one
Flash G: good stuff
Spiegel: So I got ELED, AMD calls, and CNBX. All winners so far.
lenny: nice
quarryrock: sweet!
Spiegel: AMLH nice reversal off lows today
Carol: watching that Apiegel
Carol: Spiegel
Carol: I’m long in it
Spiegel: nice! me too
Carol: I’m under water just barely now
Spiegel: You’ll get your chance to be above water soon. Just a matter of time
Carol: not far off now any sec
Market Maven: I have added to $AMD as it goes here
Market Maven: Cost average 11.272
Market Maven: $CNBX is a should ve
Spiegel: Glad to have the Maven seal of approval for my CNBX
Market Maven: Good play Spiegel – should have ugh
Spiegel: a guess the new car you buy today will have to be just a $20,000 Honda Civic
Spiegel: I
Market Maven: 🙂
Curt M_1: I’ll let er ride see ya guys at lunch
Spiegel: see ya
Spiegel: The Gambler has just left the building
Spiegel: CNBX 1.50
Market Maven: ha
Market Maven: Stop on $AMD at buy. Not acting great.
quarryrock: $PI back from the dead and ripping. still in swing
Market Maven: $CNBX 1.80 possible today even 2.00 if it really gets a squeeze
Spiegel: AS long as it hold VWAP I’m ok with it
Spiegel: but then again my entry is options when it was 11.06
Market Maven: Speaking of VWAP, Curt will close $ELED below VWAP and the 21 ema guaranteed FYI even if he’s out of office – he’ll hold through some pressure but not a complete wash out
quarryrock: wow $TWTR rip
sfkrystal: maven, which freq VWAP? 5 min?
Curt M_1: Leaderboard: $ANGI 58.91% $SPAN 32.9% $THC 23.26% $CHGG 21.56% $CYH 19.43% $IAC 17.31% $PBI 16.39%
Market Maven: I use 5 min on intra day trades normally yes
Market Maven: VWAP
sfkrystal: ty
Market Maven: np 🙂
Market Maven: specific to $ELED comments yes also 🙂
quarryrock: $TWLO should find $34 flat by the close if im reading the options chain correctly
quarryrock: waiting game now
Spiegel: There went my AMD profits. poof. out
Market Maven: ya thats why i closed earlier – it didn’t look good
lenny: agree
Spiegel: you were correct. What didn’t look good to you? MA’s curling down?
Greg: yup
Market Maven: just trading action and price didn’t get lift I think it should have after VWAP – was a guess really
sfkrystal: $ANGI asc triangle, i’m so confused.
Spiegel: WEll, you were right and that’s what matters in the end
sfkrystal: i mean not that actual value has anything to do with trading or anything, but… still confused.
Market Maven: $ANGI will likely dump imo haha value who cares we trade anything
Greg: enjoying the swing trade side Curtis – good system
Market Maven: hes out till noon fyi
Market Maven: but he’ll like to hear that
Market Maven: Flash does well with it too
sfkrystal: in your opinion. lol
Spiegel: Maven, do you do the swing service too. And the oil?
Market Maven: Just Swing. But the Oil is crazy spectacular I know that.
quarryrock: im tempted to ss $HUBS into their ER tonite. but the smarter play is to wait for the report and then lean in – this stock is just insane
Market Maven: Swing is super simple 2 hours a week..
Market Maven: yup
Spiegel: I’m thinking of joining oil when it gets the 24 hour room but am worried about getting addicted to it and it killing my life. I might be in there all the time like a gambler or drug addict.
Flash G: I concur. The swing is about 3 hours a week for me and deceptively simple. the KISS method works.
Spiegel: I’m used to the KICC method – Keep It Complicated & Convoluted
lenny: The oil if you follow the signals you won’t lose. Maybe 3 – 5% of the time but small when you do. It’s tuned in. You should look at the reports from past. But yeh I get the addicted part.
lenny: EPIC is tight.
Spiegel: you in it Lenny?
lenny: Curt will be adding to $ELED soon haha
lenny: yes
Spiegel: And with EPIC , what of the many oil vehicles do you trade – WTI?
lenny: me Flash Maven Curt OILK been trading together for some time and Shafique and Sandra i Guess
lenny: i trade futures Curt trades ETN’s and OILK futures
lenny: Curts moving over to Futures
Spiegel: hmmm. and theres clear signals when to buy or what oil is heading towards
lenny: Exact signals – looks complicated but its simple
lenny: The algo account I think ROI is 1200% a year or so
Spiegel: Could you guess how much youre up this year with it or since you joined it, roughly?
Spiegel: WOW!!!
lenny: TThey’re publishing soon – they’re just waiting for legal I think – contracts for subs – its a big deal EPIC
Spiegel: you mean the 24 hour room?
lenny: it’s going to be YUGE ha
lenny: EPIC is being coded so it will go beyond a chart and its going to be a digital dashboard for traders
Spiegel: that does sound epic!
lenny: Intelligent Assistant they call it
lenny: its just a digital assistant – chart works the same
Spiegel: what will the digital assistant do then?
lenny: you should look through the calls – crazy calls – every ime oil is going to turn up or down EPIC hits it
lenny: digital interface that will signal for you the trades on different time frames
Spiegel: that is exactly what I would like
lenny: it will be very expensive
lenny: likely 10k plus a month
Spiegel: Well there goes that.
lenny: but the charts are the same
quarryrock: ss $COH $43.07
Spiegel: I’ll stuick to the email version then
lenny: its the same
Spiegel: But the EPIC emails are around $500 a month, right?
lenny: digital assistant is for after you’ve made a few million on the charts
lenny: no i think i pay les than 200 with the discount
Sartaj: The 24 hour room (EPIC bundle) is about 499 a month, yes
Sartaj: After the discount, the standalone EPIC newsletter is 122 per month
Spiegel: Not $10,000?
lenny: ahh there you go
Sartaj: Well, Lenny is one of those guys who likes shopping around. He was telling us about this algo group that was licensing out solutions starting at 100k
Sartaj: per month
lenny: newsletter alone is under 200 a month with coupon code
lenny: thats all you need spiegel
Sartaj: it stands to reason that at a certain point, we’ll go from that 500 per month price range with the 24 hour room, up to 10k per month after coding phase has entered a stable build
Sartaj: not right away, but just so you get an idea of what the ranges are… yeah, they definitely get up there
lenny: right now today everyone does well with the newsletter charting it works
Spiegel: and what is the eta for the 254 hour room?
Sartaj: Curt and I were thinking early-mid Q3
Sartaj: likely Q4
Spiegel: Ah ok, so I have time. I want to spend 2 months travelling this summer
quarryrock: STC remaining 50% $TWLO calls $1.08 +24%
lenny: last I heard was late fall
quarryrock: plus $2k total on TWLO trades.
lenny: nice Q
Sartaj: Yes, you have ample time. In terms of the standalone newsletter, it might be worthwhile, if for nothing else than to acquaint yourself with how it’s used etc
quarryrock: its got more in it! but i wanted to take profits here
Market Maven: good plays quarry
quarryrock: thanks guys! these ER names always have an implied bid under them
Market Maven: Curt’s gonna be anxious to catch you Quarry
quarryrock: haha
Market Maven: 🙂 It’s good for him.
Flash G: Looks like Spiegel, Quarry and Krystal are a good fit if you ask me.
Spiegel: So what extra do you get currently with the EPIC bundle over just the EPIC newsletter?
Flash G: My two bits.
Sartaj: Nothing in particular, but you do reserve your pricing at the inaugural rate
Spiegel: lol.
Spiegel: Will the pricing go up over the summer and early fall before it’s released?
Spiegel: the 24 hour I mean
Market Maven: $ELED going to be a runner maybe.
Sartaj: I will get back to you on that. Our development process is agile; hard for me to say yes or no right now
Spiegel: Will you at lest give us notice before you do so I could lock in at the current price?
Sartaj: but we have you on a reserved list, in any case, so yes
sfkrystal: ya i’m liking the handle $ELED
Sartaj: of course
Spiegel: gret!
Market Maven: It’s looking serious.
Market Maven: Waiting patiently.
Market Maven: For confirmation
Spiegel: ELED just took a little spill. Hope its temporary
Spiegel: was humming along nicely and then ploop
sfkrystal: lol that was my fault for saying i liked it
Market Maven: It’s holding up in down time of day. That’s what I like.
Market Maven: There’s no panic at all.
Spiegel: AMD sure ain’t holding up. Looks like is cracking 11
Flash G: I like the swings and my after lunch scotch. And watching you bucks stress all day.
lenny: $AQB halt!
Curt M_1: On mic 12:05 for mid day chart review>>>>>>>>>>>>>
Spiegel: Only thing I don’t like about ELED here is the spread. about 4%
Spiegel: it just narrowed as I typed that
Spiegel: bid is back up
sfkrystal: $ANGI has held it’s gains too lol
Hedgehog Trader: hey all
Sartaj: “robots” lol
Sartaj: Hey hedge
Spiegel: ELED chart a work of beauty. Look at 5 min. Every day it has a quick peak, then levels out to slightly lower,…next day another peak then levels out. day after day
Spiegel: this is day 7 of that
Sartaj: Wow
sfkrystal: yes looks like a perfect pump imo
Spiegel: can’t deny that
Curt M_1: need 2 mins finishing a call
quarryrock: oprah fade!
Sartaj: Japan declared BTC a legal currency today
sfkrystal: nice!
Spiegel: need a bitcoin algo now
Sartaj: Very nice, until they find a way to tax it 😀
sfkrystal: hah true
Spiegel: 24 hour room
Curt M_1: Bank of Japan also invests in derivitives bahahaha
Spiegel: I’ll sleep when I’m dead
Sartaj: Yeah I guess they are masters of air
Curt M_1: ok on in 1 min>>>>>
Curt M_1: on mic 12:13>>>>>>>>>>>
quarryrock: $PI parabolic
Spiegel: link
Sartaj: https://compoundtrading.com/development-processhttps://compoundtrading.com/epics-story
Spiegel: Thanks Sartaj. And glad to here you’ll do more OTC’s in the future Curtis
Spiegel: It’sll make your room very popular but also attract some yahoos
Sartaj: Crowd-sourcing aspect
Spiegel: Just hope I measure up
Sartaj: Understatement
Sartaj: That was ridiculous
Sartaj: Try Opera, Curt
sfkrystal: lol
Hedgehog Trader: Mercury in Retrograde
Sartaj: I should have exited at resistance
Sartaj: Becoming a swing
Sartaj: OPEC didn’t haev good news
Sartaj: have*
Spiegel: I am
Spiegel: ttheres not much time left for it to hit that circle now after todays dip. so will it still head towards it on move towards price in that final circle now?
Sartaj: We have seen more often than not, as Curt said, that price will spike directly into the target zone, sometimes at the very last minute
Spiegel: or move
Sartaj: Or within a very tight time-frame
Hedgehog Trader: nice Sartaj
Sartaj: Even Gary was tripping out
Sartaj: and he’s been around
Spiegel: fascinating. i have to be a part of this.
Spiegel: ROX
Hedgehog Trader: $LACDF
Hedgehog Trader: hah
Spiegel: ROX is a swing for me. Not usually huge moves any day
Hedgehog Trader: i am very bullish on lithium which has been very strong – and has some great catalysts
Hedgehog Trader: TSLA is going to build 4 new gigafactories this year
Hedgehog Trader: and China is opening several battery factories in the next couple of months
Hedgehog Trader: India is going full electric by 2030- lithium is a great short and long term sector
Hedgehog Trader: 3 insiders bought $440k worth of LACDF shares since April 11
Hedgehog Trader: and i am also seeing multiple lithium stocks with insider buying
Leanne: Have a great afternoon everyone, gotta run. Thanks Curtis.
quarryrock: sold $PI swing +$1.19
Spiegel: $ROX also please. Although too extended for a buy here. I’ve been in it awhile.
Hedgehog Trader: Spiegel – I like $ROX too
Spiegel: 🙂 Not just great technically but fundamentally also
Hedgehog Trader: i agree
Hedgehog Trader: amazing strength and lack of volatility in $NAK during the latest gold and silver correction
Spiegel: ROX is ginger beer
Spiegel: which I hate
sfkrystal: lol, i’m just a confused newbie
quarryrock: hi
quarryrock: im up about $4500 on the day – left alot of money on the table with TWLO
quarryrock: only have 3 positions open now SLW undewater a little and WTW , COH ss
Carol: $BOMT on the move
sfkrystal: $BONT 😉
Flash G: $VRX NHOD
Spiegel: CNBX rockin it
Spiegel: 1.60 now
Spiegel: has had a horrible time of it on the daily. appears ready to bounce decently for hopefully more than a day
Spiegel: I use ema’s so the 20 has crossed the 200 using that (as of today)
Spiegel: Gotta go. Everyone enjoy the rest of your day!
Flash G: BYE
Curt M_1: CYA
Market Maven: bye spiegel
quarryrock: $WTW is a case where ss via the stock a better plan than puts.
Curt M_1: $CHGG break out see if it confirms
sfkrystal: $ELED broke vwap
lenny: whay do u say that quarry?
quarryrock: the delta on the premium doesnt move much relative to the underlying stock price
quarryrock: stock is down 2.2% and premium on the $21 Ps hasnt moved much at all
lenny: hope you do a blog piece about your trades in this chalenge – would like to learn about it
quarryrock: absolutley happy to share
quarryrock: now TWLO is exact opposite. the premium is hair triggered to the stock – Implied Volatility is high
Carol: $VNCE downed over 60% on that halt
quarryrock: went right to $34 bucks as advertised earlier. unfortunately i wasnt patient enough
quarryrock: BTO weekly QQQ $137 Ps .41
Curt M_1: OIL TANK
Curt M_1: AM #earnings $S $GRPN $YUM $TAP $TWX $SO $GRMN $HUM $CLX $ADP $DLPH $NVO $EL $EMES $HFC $ICE $RAI $ACCO $SCMP $CDW
lenny: zzzzz
Carol: yup
quarryrock: BTO $GRPN $4 C’s .32 this is a small casino trade. unlikely to hedge this implied move is 15% tomorrow. small size
sfkrystal: so now that vwap has gone up and the price has remained essentially the same, would curt get out of $ELED?
sfkrystal: if either price comes down or vwap/ma goes up for a cross either way
quarryrock: this tankage in AMD is shocking
sfkrystal: $CHGG nhod
Curt M_1: reboot
Carol: $TWTR a champ but I think I will close my swing now.
Flash G: wise
Curt M_1: Would be nice to see $ELED break out here for EOD run:)
Curt M_1: Volume in that candle $ELED
Market Maven: You still hold $ELED Kyrstal?
Curt M_1: In to the close leader board: $ANGI 63%, $SPAN 33%, $CHGG 29%, $THC 21%, $RTNB, 19.4% $CYH 18.7%
Curt M_1: There we go!
quarryrock_1: BTC ss $COH loss of $55
quarryrock_1: waste of time trade oh well
Flash G: win some lose some
Market Maven: win more than you lose!
quarryrock_1: yep!
Curt M_1: Hey Krystal I have a guy in UK that wants info on trading US stocks from UK – could you chat with him on Twitter or no?
Curt M_1: I had to chi out there over the last 6 mins Closed
Curt M_1: $ELED Average 5294 completely out
lenny: Looks like Krystal is gone
Sartaj: See everyone tomorrow, peace
quarryrock_1: STC $WTW loss of .16 10%
Curt M_1: wow look at that candle lol
quarryrock_1: wasnt going to risk the Puts position
Curt M_1: cya Sartaj!
Curt M_1: Thanks for coming out Quarry!
Curt M_1: and kicking my ass lol!
Curt M_1: “I’ll be back”
quarryrock_1: cheers ! great day and AH next!!
Market Maven: c ya

Follow our lead trader on Twitter:

Article Topics: $ANGI, $ELED, $CNBX, $ETBI, $UWT  – $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


Compound Trading Monday May 1, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $MTBC, $OCN, $OCCR, $TWTR, $BLDV, $BTSC – $PVCT, $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:

If there was a day for a learning trader to gets some education from our trading room it was today. Trust me. Go to our YouTube page and sift through the two videos A and B of raw footage (yes you will have to find the areas of the day where there was live voice broadcast) and take a seat and listen up. I’ll GUARANTEE YOU there are nuggets in there for a LIFE LONG TRADING EDUCATION.

Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading

Notice: Our lead trader coaching schedule is fully booked and waiting list has started. Keep that in mind if enrolling or email in advance.

 

Many Thanks to Quarry Rock for Participating in the 2 Week Double Account Challenge!

We Want (Need) You! Apply to Nearest Recruiting Station. Part 4 “Freedom Traders” Series. https://compoundtrading.com/want-need-apply-nearest-recruiting-station-part-4-freedom-traders-series/ …

Thanks for the replies to the Freedom Traders post on weekend! I’ll think through them and respond thru the week. Require thought! Peace:)

Last market trading session Post Market Stock Trading Results can be found here: (Previous week Thurs, Fri, and Mon are coming someday soon).

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

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters):

$OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters):

$OCN $YTEN $MTBC $CCCN $TWTR $AEZS

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters):

Midday Chart Setup Review: $OCN $CCCR $CYOU $BTSC $USLV $AG $ABBV $XRF $CMRE, $BLDV

Most Recent Public Swing Trading 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 $OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR

$AEZS Halt – News Pending. Halt time: 07:56:22. #premarket

Lets do this! Premarket chart set-up member review trading room 9:00! Charts. Live voice broadcast. https://compoundtrading.com #freedomtraders

Market Day, Chat Room Trades and Personal Trades:

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

Did more training in today’s session than I have for a long time. Hopefully the video turns out ok when published. Most of day:) #trading

Looking for a trading home? What you can expect from the Compound Trading Lead Trader.  #trading #mentoring #freedomtraders

A winner was once a dreamer who never gave up

$INFI Member homework review. Early IMO. Daily. Wait for price above MA’s then assess.

$INFI, Post, Market, Trading, Results

$INFI Member homework review. Early IMO. Daily. Wait for price above MA’s then assess.

Stocks, ETN’s, ETF’s I am holding:

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
MTBC 2.40 76.47% 19549415 Top Gainers
WAC 1.45 35.51% 1056417 Top Gainers
OCN 3.10 35.37% 36057000 Top Gainers
CCCR 2.51 20.10% 6131139 Top Gainers
AVNW 19.56 17.20% 101600 Top Gainers
OHGI 1.83 16.43% 1661061 Top Gainers
MTBC 2.40 76.47% 19549415 New High
AVNW 19.56 17.20% 101600 New High
MDXG 12.33 -2.84% 3894076 New High
TRVG 18.04 5.37% 1848500 New High
OHGI 1.83 16.43% 1661061 Overbought
HNR 6.94 0.43% 91700 Overbought
EEMO 17.19 2.30% 15982385 Unusual Volume
SPMO 28.84 0.56% 35200 Unusual Volume
ILTB 61.70 -1.11% 4376574 Unusual Volume
HAP 33.18 -0.06% 469120 Unusual Volume
AGCO 64.97 1.53% 1242000 Upgrades
AHGP 29.41 10.36% 240500 Earnings Before
SYK 135.77 -0.44% 851700 Insider Buying

Algorithm Charting News:

Every target predicted last week hit! Tues Wed Fri! Crude algo work sheet FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Don’t miss this video. #algorithms #fibonacci

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:

For our swing trading platform users there is a new report out.

Protected: Weekly Swing Trading Updates Mon May 1 $IBB, $AGN, $CTSH, $TSLA, $SNAP, $VGX, $AAU, $NVO…

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 :

NA

Gold Miner’s $GDX:

The world’s biggest gold miner ETF just saw the largest outflows on record https://bloom.bg/2qlg04I

Silver $SLV:

Silver ETF falls for the 11th consecutive day, longest streak in its history (inception April 2006). $SLV

Crude Oil $USOIL $WTI:

Energy Select Sector $XLE death cross.

Volatility $VIX:

$VXX sold short wowza.

$VIX 10 year low hit today.

Volatility Index: lowest monthly close since January 2007, 3rd lowest in history. $VIX

$SPY S&P 500 / $SPX:

$SPX Gann Square of the February 2016 low. Next Monday is the end of the 4th of 8 sub-squares. For your own analysis…

$NG_F Natural Gas:

NA

Markets Looking Forward:

Mental note: Next time around, figure out where the momentum is and then sit back and relax.

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)
 

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_1: Protected: PreMarket Trading Plan Mon May 1 $IBB, $JIVE, $MYL, $TWTR, $YTEN LINK: https://compoundtrading.com/premarket-trading-plan-mon-may-1-ibb-jive-myl-twtr-yten/PASSWORD: PRE050117New link for trading room this week:http://compoundtrading1.clickmeeting.com/livetradinghttps://twitter.com/curtmelonopoly/status/859012074646712321

Curt M_1: Quarry Rock will be in room today and is in 2 week double account challenge with me FYI. He will also post blog posts as time allows to update his progress.
Curt M_1: Going to get coffee – on mic at 9:05 for premarket review.>>>>>>>>>>>>>>>>>>
Curt M_1: Premarket momo $OCN $BLPH $ASPS $IDXG $ARLP $TRCO $XXII $JIVE $MICT $FCEL $TWTR
Sartaj: Good morning
Curt M_1: Mornin
Curt M_1: on mic in 1 min for premarket >>>>>>>>>>>>
Curt M_1: on mic>>>>>>>>>>>>>>>>>
quarryrock: good morning
Sartaj: Welcome
quarryrock: thank you !
Sartaj: Currently resolving mic issue, thanks
Sartaj: Can hear you now
mat: Quick reminder, europe and asia closed for may day today. Will probably affect volumes overall in the indexes.
Dragt: Friday IPO CLDR moving a little
Flash G: Watching $ITCI
Market Maven: $JIVE $AEZS $OCN on my hit list
Curt M_1: Off mic for pre >>>>>
Curt M_1: On mic for open >>>>>>>
Market Maven: awful open
Flash G: $AAPL swing on track
Sartaj: Sitting on hands for the momo’s
Market Maven: $ITCI long
quarryrock: long AMD $13.45
Flash G: $AAOI tape runner
Curt M_1: $OCN is halted more news
Sartaj: 9:33 halt
lenny: $NXDX positive tape
Flash G: $PCLN ATH on tap
Market Maven: $CCCR could B/O
OILK: $GNMX insider buys the talk there
lenny: $BBRY strong highs
mat: Lots of action over in miner ville. GDX trying to go green with many individual names already there or even
Market Maven: $NSDI on scan now
mat: cccr action
mat: The link from the email was dea. I had to use the link from the tweet
Leanne: I was in the wrong room, email had wrong link I think
quarryrock: $PI on watch for a swing would like to see $36
Sartaj: Okay, good to know. Weird. the pre-market newsletter’s link was updated.
Sartaj: Thanks for letting us know
Flash G: $AMZN nice buys
Flash G: $CELG also
Flash G: $XBI buys heacy too
ny1975: the link from earlier was not working btw
Leanne: the link in the email from this am is not working
Leanne: i tried both
Sartaj: In any case, thanks for baring with us during testing. We will have it resolved for the rest of this week
mat: X swing trade attempt tight stop
Flash G: Watching $X too – interesting action today
Market Maven: I got a piece of $X this morning and $CCCR but not serious enought o alert – really soft
quarryrock: i like $X also
OILK: $MTBC is garbage but yes its moving haha
Curt M_1: Long 2.32 1000 $MTBC
Curt M_1: Halted lol fark
Curt M_1: small entry
Market Maven: I hit it right before you at 3.36 damn
Market Maven: 2.26 correction
Market Maven: Have my stop set on $MTBC haha
lenny: $ECHO 52 week lows
lenny: $VTGN on scan
Sartaj: $MTBC resumed
Sartaj: 10:02 AM
Market Maven: Long $MTBC add 2.41
Curt M_1: L $MTBC 2.515 3000
Curt M_1: Stop 2.39
Curt M_1: Out 2.56 40000 shares
Curt M_1: 4000 shares
Market Maven: holding
Market Maven: Just got out 2.54
Flash G: Nice win guys gals
Sartaj: 😉
Scott: I didn’t get any email
Sartaj: Thanks, looking into it now
Flash G: $NCLH 52 week high
Flash G: $TSLA time
OILK: $REXX on the move again
Market Maven: Congrats on all your plays Flash!
lenny: $TWTR decent showing today
Curt M_1: Sorry about that Scott
Curt M_1: We posted it to Compound Trading Twitter feed just in case but ya we’ll know for next time.
Curt M_1: Good play on $MTBC there Maven
Market Maven: lol well you actually may have outdid me on it
lenny: $ASB on scans
quarryrock: long starter swing $PI $36.45
Curt M_1: Anyway, sorry about the admin cluster – Sartaj is sorting it all for anyone not on right list etc.
robbie: ZSAN?
robbie: Hi everyone, by the way. New to the squad.
Flash G: Hey Robbie
Flash G: $EMF 512 week highs on watch
Curt M_1: Welcome Robbie
robbie: Looking forward to learning from all of you. Been watching Curt’s videos. You’re all rockstars, from the sound of it.
Leanne: Welcome Robbie!
Sartaj: Glad to finally have you join us. We usually experience a bit of chaos during migrations, so excuse us for that. In any case, this isn’t a usual occurrence
robbie: Thx Leanne, you’re the best.
robbie: nbd Sartaj, I know how it is.
OILK: u guys are normally on it imo just a minor glitch
lenny: Over 100% likely $MTBC
Flash G: $NFLX wow day
Flash G: $TWTR HOD and $GNBC 52 wk highs
Flash G: $CMG rev gr
Market Maven: Long $MTBC again 2.80
Leanne: ahhh, no need for getting mad, we’re here now, that’s what matters
Leanne: I”m such a mom!
robbie: haha, not mad at all
Sartaj: 52 week highs: $GNBC $EMF
Sartaj: yes
Scott: I’m here
Sartaj: he is in
Leanne: Spiegel is Scott!
Scott: Gave up on Spiegel
Scott: yiu are now
Sartaj: yes
quarryrock: hi im here ! nice to join everyone
Flash G: $IAC 52 wk high
Curt M_1: 20 K start on my double account challenge
Leanne: Best of luck with this challenge Quarryrock. looking forward to seeing this happen!
quarryrock: $PI 13 up days in a row, big down day Fri followed by same today ER thurs
quarryrock: thank you Leanne!
Flash G: $CHW 52 week high
Flash G: $CWST 52 wk high
quarryrock: bravo $TWTR thats a nice deal with Bloomberg
Market Maven: $MTBC short hold tight start and then add if it goes right could go either way
Curt M_1: $TWTR surprised me with action
lenny: $WYNN tape bull now
Curt M_1: Off mic to prepare for mid day chart set ups at 12:00 >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Curt M_1: You may get that short Maven
Curt M_1: 11:54 off mic>>>>>>>>>>>>
Market Maven: Added to short of course
Flash G: Nice haha
lenny: I have to admit…. I followed you Maven:)
Market Maven: I know
Market Maven: I covered btw ha
Curt M_1: Nice win Maven!
robbie: When did you short Maven?
Curt M_1: she alerted
Curt M_1: 3 candles back so 15 mins ago or so
robbie: Ah didn’t see it!
robbie: NIce.
Market Maven: yessir
Market Maven: thanks
robbie: eTrade didn’t have shares to short, of course.
Flash G: thats more than I’ve seen Maven talk all year
lenny: Maven hasn’t missed a trade all year
Flash G: true treu
Flash G: My swings hot today daytrades will be hot tomorrow.
OILK: Curt, you did put new link on your twitter feed and compound feed – so ya d

SARTAJ – WE’RE MISSING TRANSCRIPT HERE IF YOU HAVE IT

robbie: Got it
robbie: Is that squeeze indicator a custom one you’ve built, or one on trading view?
quarryrock: BTO $SLW $20 C’s weeklies .17
Sartaj: Trading View
Sartaj: You can also find it on TOS
Sartaj: http://tlc.thinkorswim.ca/center/charting/studies/studies-library/T-U/TTM-Squeeze.html
Sartaj: Thank trading2018 for confirming that
Sartaj: Haha
robbie: Got it, thanks Sartaj
robbie: Looks like 20/200 on CVO are about to cross, as you discussed earlier.
robbie: on 60 min
Hedgehog Trader: Curt, sometime can you have a look at LAC.TO or the US side LACDF
Leanne: Oh! Hedgehog, I am watching that too thanks to you
Hedgehog Trader: insiders have bought 440k shares since Apr 11th and it’s looking ready to break out
Hedgehog Trader: great, Leanne 🙂
Hedgehog Trader: yeah, it’s been one of the strongest lithium juniors in the last 3-4 months
Hedgehog Trader: heavy volume last 3 days
robbie: I see
robbie: Great
Leanne: and if you don’t study and get charts in Curtis gets mad
Leanne: Hedgehog, would you wait until it broke 1.02?
robbie: Got it, thanks for explaining. My my. I’ll get there.
Hedgehog Trader: i have bought some already but yeah i am waiting for it to move up to 1.01 or 1.02 to add more
Sartaj: Not what you expected, Robbie?
Hedgehog Trader: i really like the bullish insider activity and the relative strength its displaying vs its sector
robbie: Sartaj, no, it’s what I expected. Been watching Curt’s videos….but.
robbie: Spending a whole day here certainly adds (humbling) perspective.
robbie: Oh, and I can certainly see why I’ve been more red than green in my young trading career.
Leanne: This place will turn your trading and more importantly your abilities around. You will learn to fish for yourself and trade well
Leanne: Curtis empowers new traders
robbie: I can tell.
quarryrock: cant help but wonder if all these ootm calls bought on $KATE are because Coach is reporting tomorrow am. perhaps they offer some clarity on their interest or lack there of on KATE deal ?
Sartaj: Especially with algo models. Set and forget.
robbie: Yes, 2
robbie: So when would you trigger personally on a play like this?
robbie: Do you wait for confirmations all the way to the daily?
robbie: Got it
robbie: Yes, I’ve a sizable list just from these discussions today.
robbie: Right
robbie: Not bad at all
robbie: Very cool
robbie: yes
robbie: Thanks, haha
Leanne: whew! I get a break from the ruler!
robbie: Everyone else is snoozing hearing the basics, I’m sure.
robbie: Thx for putting up with the newbie team!
robbie: NSPR
Flash G: all good stuff
Leanne: my dogs do too.
Leanne: i’m part of the newbie team too
Leanne: Curtis is that your dog breathing in the b/g?
Leanne: just checkin’
quarryrock: BTC $HUBS ss +.60
Hedgehog Trader: okay it might just be me but i’m hearing music
Hedgehog Trader: lol
Hedgehog Trader: oh i had the other trading room link open
Hedgehog Trader: ha
ny1975: thoughts on twlo?
Sartaj: Yes
robbie: Tell em Curt
Leanne: Curtis no more sleeping for you!
ny1975: yes
quarryrock: $TWLO options implying a 8.1% move in either direction off the $33 strike
ny1975: after market
ny1975: yes small position
ny1975: green
ny1975: 33
ny1975: thats the plan
ny1975: dont want to hold it thru er
ny1975: and on the daily
ny1975: rsi bothersome
Hedgehog Trader: $GREK Opa!
ny1975: yes thanks
Leanne: Thanks Curtis
robbie: Thanks Curtis
Leanne: Have a great night everyone
Scott: Thanks Curtis
Hedgehog Trader: Thanks Curt!
Curt M_1: np 🙂
quarryrock: thank you sir!
Flash G: good stuff
Market Maven: night all
OILK: bye

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

No matter what knocks you down in life, get back up and keep going. Never give up. Great blessings are a result of great perseverance

Follow our lead trader on Twitter:

Article Topics:  $MTBC, $OCN, $OCCR, $TWTR, $BLDV, $BTSC – $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


Compound Trading Thursday April 27, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts.  $MTBC, $GOOGL, $AMZN, $SNAP, $JUNO, $GREK – $PVCT, $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:

Most recent lead trader blog posts:

I just might take another crack at 2 week double my account trading challenge ?Live in room recorded ? Slay that dragon finally?? #trading

Now I’m Inspired! My Guarantee to Struggling Traders (and Yours). Part 3 “Freedom Traders” Series.

Last market trading session Post Market Stock Trading Results can be found here: (Last Thurs, Fri, and Mon are coming – likely won’t have them caught up and published until this weekend when time allows).

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

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters):

#Premarket Chart Setup Review: $BLMN $SNAP $RTW $JUNO $GREK $CLWT $SSKN

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters):

Market Opening: $BLMN $SNAP $RTW $JUNO $GREK $CLWT $SSKN $MDGS

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters):

Midday Chart Setup Review: $USOIL $WTI $SPY #GOLD $GDX $DXY $MSL $CVI

Most Recent Public Swing Trading 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: 

Strap in! Premarket chart set-up member review in trading room 9:00! Charts. Live voice broadcast. https://compoundtrading.com #freedomtraders

Premarket Leader Board: $CLWT $SSKN $MDGS $EXAS $NAKD $UCTT $CLRB $WTW

Market Day, Chat Room Trades and Personal Trades:

Large play underway in $MTBC here – in it to win it. Rounding 2nd base now.

Took a few papercuts in $MTBC day trades today. #riskmanagement #sizing #trading

Next two quarters I’ll be shorting $SBIX in to earnings heavy.

$SBUX -4.44% after hours #earnings

Winner winner chicken dinner!

$AMZN Up 3.77% after hours ?

$GOOGL up 4.44% after hours #earnings #swingtrading

$GOOGL, Trading, Results, Earnings, Chart

$GOOGL stock reaching for the sky now on #earnings and positive sentiment. #swingtrading

Didn’t swing trade Intel into earnings $INTC -3.95% on #earnings. Didn’t swing trade Microsoft either $MSFT -1.59% after hours.

Solid swing machine calls pre-earnings by @curtmelonopoly on $GOOGL & $AMZN #Forecasting #Traders #playmakers

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

Chart set ups reviewed. Midday Chart Setup Review: $USOIL $WTI $SPY #GOLD $GDX $DXY $MSL $CVI $PVCT $BLMN $SNAP $JUNO $GREK: #swingtrade

Since 20 MA crossed up 200 MA on $CBMX it has almost doubled! Pefect this trade set-up say bye to day job. #freedomtraders #chart #setups

Looking for a trading home? What you can expect from our lead trader. https://compoundtrading.com/lead-trader/ #trading #mentoring #freedomtraders

A winner was once a dreamer who never gave up

Solid piece $STUDY Moving averages. #trading ?⤵

Members: You can’t get to the beach and drink those cocktails if you don’t have a plan. Lets see those charts and trading plans! $STUDY

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size) – $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
MTBC 1.55 27.05% 27392313 Top Gainers
EXAS 30.14 26.64% 15949835 Top Gainers
GRUB 42.92 22.56% 13353100 Top Gainers
OPHC 2.80 21.21% 35600 Top Gainers
LMAT 31.86 20.77% 572184 Top Gainers
CDXC 2.96 18.40% 3020200 Top Gainers
EXAS 30.14 26.64% 15949835 New High
LMAT 31.86 20.77% 572184 New High
CHE 204.99 7.86% 249300 New High
UCTT 19.80 13.08% 3062600 New High
PPC 26.07 0.66% 861700 Overbought
HNR 6.96 -0.43% 69000 Overbought
MTBC 1.55 27.05% 27392313 Unusual Volume
IFON 0.63 34.04% 6519133 Unusual Volume
CLWT 3.13 -13.52% 371826 Unusual Volume
SNCR 13.29 -46.02% 27208900 Unusual Volume
AXP 80.33 -0.24% 2891900 Upgrades
AAL 43.98 -5.22% 18971300 Earnings Before
PLSE 24.47 0.12% 314100 Insider Buying

Algorithm Charting News:

Don’t miss this video. #algorithms #fibonacci

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:

$JUNO Trade 25.32 Premarket. Swing trade going well 23.22 entry. Fireworks if price above 20 MA cross up 200 MA. KAPOW! #freedomtrade #setup

$AMZN Premarket trading 907.04. Swing trade going well. In at 822.74. Stoch RSI revved, MACD mid flat, SQZMOM green. #swingtrading

$GOOGL 879.00. Long 859.01 when MACD turn up SQZMOM turn green 20 MA punch thru 50 MA w price above? Wow what a champ move. #swingtrading

$EXP Small test long at MACD turn up 95.90 April 21. Above 200 MA, SQZMOM may turn green 50 and 20 above price. #swingtrading

$XRT Trade going well. Long 41.67 Apr 10. Holding on MACD trend & SQZMOM trend. Short term Stoch RSI may come off. 200 MA test #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 :

NA

Gold Miner’s $GDX:

NA

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

XLE – Death Cross – Oil related stocks – OPEC Liar’s Club??

Seasonality. Crude oil. $USOIL $WTI $CL_F #Crude #Oil

Volatility $VIX:

NA

$SPY S&P 500 / $SPX:

One of the prettier charts is tech relative to #SPX. Perspective on how long tech has based. Plenty of room to run.

$NG_F Natural Gas:

NA

Markets Looking Forward:

NA

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)
 

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: Premarket Leader Board: $CLWT $SSKN $MDGS $EXAS $NAKD $UCTT $CLRB $WTW $SINO $DRYS $NOK $ALIM $UA $MTL $NOW $ONTX $PYPL
Curt M: Protected: PreMarket Trading Plan Thurs Apr 27 $MDGS, $UA, $ONTX, $PVCT, $BLMN, $SNAP, $RTW, $JUNO, $GREK LINK: https://compoundtrading.com/premarket-trading-plan-thurs-apr-27-mdgs-ua-ontx-pvct-blmn-snap-rtw-juno-grek/PASSWORD: 042717PREToday’s Live Trading Room Link: https://compoundtrading.clickmeeting.com/livetrading
Curt M: On mic 9″05 for premarket review >>>>>>>>>>>>>>>
Hedgehog Trader: morning!
Sartaj: Hi
Curt M: Chart Set-Ups on Watch: $BLMN, $SNAP, $RTW, $JUNO, $GREK
gary y: good morning
Sandra: gm
Sartaj: Greetings, Gary
Spiegel not Speegell: Good morning everyone
Sartaj: Funny name
Spiegel not Speegell: thanks!
Spiegel not Speegell: Hot junky penny stock yesterday and possibly today is AMLH
mat: Ag, silver miner. I like the set up should metals get another leg higher here
mat: The miners have acted so horribly. They play catch up sooner or later IMO. Targets based off of prior moves in 11.5 or 13’s from low 8’s currently
Curt M: Back for open>>>>>>>>>
Curt M: in 1 min sorry sartaj lol
Spiegel not Speegell: can’t wait to see that
Spiegel not Speegell: CYOU 52 week breakout
Spiegel not Speegell: when doing those challenges what % of account do you bet on each trade?
Hedgehog Trader: do you like TWTR? i think it’s a nice contrarian play and chart looking better and better
Hedgehog Trader: 11% short interest on TWTR
mat: PLaying some UWT against the oil lows here. Think we get some lift here
Curt M: Long $CCCR 2.40 2000 test
Spiegel not Speegell: What do I click on in tradingview to get those lists of top gainers?
Spiegel not Speegell: thanks
Leanne: that would be EPIC to watch
Spiegel not Speegell: looking forward to that 2 week challenge
Spiegel not Speegell: will you be offering a service where epic picks the stocks?
Hedgehog Trader: $SINO perky
Spiegel not Speegell: aren’t all those upper wicks a bad sign?
Leanne: $CMO if you get a chance, the 20 crossed the 200, price is above MACD and RSI are up
Spiegel not Speegell: So basically just buy the first retrace of stock that has gone up a lot.
Spiegel not Speegell: mtbc
Curt M: Watching $MTBC VERY CLOSE NOW for 2.00 Break!!!
Curt M: On mic>>>>>>>
Curt M: 2.20 10000 shares legging in checking fill tight stop
Curt M: 2.018 sorry
Curt M: 10000 add 2.106 $MTBC
Curt M: Stop 1.95 set
Curt M: Stop 2.01 set
Curt M: Off mic stop set 2.01 and alarm at 2.24 cya in 30 mins
Curt M: >>>>>>>>>>>>>>>>>>>>>>>>>
Curt M: Stopped 2.01 – will re look after lunch $MTBC
Curt M: Sartaj you tell Spiegel about yesterday mid day video?
Sartaj: Totally forgot, I’ll send him the link now
Curt M: Thanks
Curt M: Ya I forgot till now too
Curt M: On mic in 3 mins for mid day review>>>>>>>>>>
Curt M: Sartaj text me if that fellow from yesterday comes in for review if you woudn’t mind pls thx
Sartaj: Sure thing
Curt M: On mic for chart set up review >>>>>>>>>>>>>>
mat: looked to me like saudi/yellen buying down in the low 48’s earlier
Spiegel not Speegell: There’s a program you can download at download.com called Advanced System Care. When you download it at the top right of your screen there’s a RAM cleaner that releases all the excess RAM so your system and the chart lag can be cleared up.
Spiegel not Speegell: So will gold have it’s own 24 hour EPIC trade room and maybe forex too?
Sartaj: So keep in mind, since you mentioned it a bit earlier, each equity has its own algorithm. EPIC is specific to oil, and ROSIE is the one specific to gold. Right now, we don’t have plans for 24-hour gold trading room until oik’s is rolled out
Spiegel not Speegell: thanks Sartaj
Sartaj: No problem. Likewise, we don’t use EPIC or any of the other algorithms to target stock picks (e.g. low float, OTC, etc.)
Sartaj: But that video I sent does give you an idea of the disciplines that are used to generate those models
Spiegel not Speegell: Will you guys be selling wheelbarrows to hold all the money we’ll make trading oil?
Sartaj: so while we don’t focus so much on writing scanner scripts and such at the moment, the basis for the modeling is the same
Sartaj: Haha
Spiegel not Speegell: When the market eventually starts a downtrend, since you don’t short would you be looking to trade the bearish 2X or 3X ETF’s or is there always something to buy?
Leanne: what! no hot cars and trading on the beach with half naked women around you
Sartaj: $36 for the month, Spiegel haha
Spiegel not Speegell: Of course that return assumes no war with North Korea
Leanne: Thanks Curtis
Spiegel not Speegell: see ya!
Curt M: Off mic – tomorrow we’ll run thru list of this chart set up and then next week on to next (likely a trading challenge to double account in 2 weeks)>>>>>>
Curt M: you bet
lenny: thanks
Curt M: Back in 20 mins for afternoon session>>>>>>>>>>>
Leanne: I’ll be back tmr. Off to a fiedltrip to see honey bees with a big group of 5 year olds
Sartaj: The senator has left the building
Sartaj: Won’t say which one it was
Sartaj: Comes in here like clockwork for the midday reviews
Curt M: interesting
Hedgehog Trader: Curt one to watch – fwiw my signals show we could see ESEA bump up tomorrow
Curt M: That would be nice – I hold a small position.
David: $wstc POPPIN
Hedgehog Trader: Curtis just let me know his internet went down
Hedgehog Trader: the room will be online when the backup kicks in

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

No matter what knocks you down in life, get back up and keep going. Never give up. Great blessings are a result of great perseverance

Follow our lead trader on Twitter:

Article Topics:  $MTBC, $GOOGL, $AMZN, $SNAP, $JUNO, $GREK – $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


Compound Trading Tuesday April 25, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $CATB, $ETBI, $GOOGL, $XRT, $LITE –  $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:

Most recent lead trader blog posts:

Now I’m Inspired! My Guarantee to Struggling Traders (and Yours). Part 3 “Freedom Traders” Series.

Last market trading session Post Market Stock Trading Results can be found here: (Last Thurs, Fri, and Mon are coming)

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

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters):

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters):

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters):

Most Recent Public Swing Trading 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 Leaderboard: $CATB, $NORD, $CANF, $CAPR

Member Reminder: Premarket chart set-up review in trading room 9:00! Charts. Live voice broadcast. https://compoundtrading.com #freedomtraders

Protected: PreMarket Trading Plan Tues Apr 25 $CATB, $GLD, $DGLD, $DUST, $GOOGL, $XRT, $LITE

Market Day, Chat Room Trades and Personal Trades:

It was a quiet day for me, I was managing trades primarily on our swing trading side of our platform and watching the China low float plays – but I didn’t day trade any.

Popular: $LMT, $KO, $BIIB, $GLW, $JBLU, $ATI, $APFH, $MAS, $WSO, $AN, $PHM, $LH, $TSN, $MDR, $PNR

In Play: $CAPR, $PZRX, $CATB, $CANF, $NGL, $SWFT, $UIS, $SVU High Uncertainty: $KB, $STRP, $CTIC

Short seller’s dream open: $CATB $CANF $CAPR and more.

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

Review chart set-ups live in room 12-1. Public welcome as room allows. $SPY $USOIL $WTI $GLD $SLV $DXY $VIX more

Successful trading is a boring, disciplined, intense war against self. Conquer self – find freedom. Peace. #freedomtraders

Members: Get your trading plan and charts over for review if you want my input! Ya gotta trade a plan! $STUDY #trading #tradeaplan

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size) – $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
CLNT 4.50 30.81% 3352007 Top Gainers
LXU 9.61 30.75% 4342900 Top Gainers
CALI 3.45 29.21% 2914593 Top Gainers
CCCR 1.82 29.09% 5229451 Top Gainers
ATLC 3.19 20.38% 148400 Top Gainers
NORD 32.82 18.83% 7924000 Top Gainers
NORD 32.82 18.83% 7924000 New High
WCST 3.24 11.72% 455761 New High
BBGI 16.55 10.70% 101400 New High
TUP 73.52 11.92% 2515100 New High
HNR 6.86 -3.65% 673400 Overbought
PPC 25.73 -0.19% 1608100 Overbought
ESGW 28.91 1.80% 179722 Unusual Volume
JXSB 31.25 0.97% 22000 Unusual Volume
NORD 32.82 18.83% 7924000 Unusual Volume
APFH 40.48 10.39% 33803200 Unusual Volume
AMX 14.95 -0.13% 3340900 Upgrades
ABTX 38.70 4.17% 111300 Earnings Before
AIRT 19.65 0.00% 600 Insider Buying

Algorithm Charting News:

EPIC the Oil Algo called the top in oil almost to the cent ten weeks in advance. Not bad. $UWOIL $WTI $CL_F $OOTT #OIL @EPICtheAlgo

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:

$GOOGL 879.00. Long 859.01 when MACD turn up SQZMOM turn green 20 MA punch thru 50 MA w price above? Wow what a champ move. #swingtrading

$EXP Small test long at MACD turn up 95.90 April 21. Above 200 MA, SQZMOM may turn green 50 and 20 above price. #swingtrading

$XRT Trade going well. Long 41.67 Apr 10. Holding on MACD trend & SQZMOM trend. Short term Stoch RSI may come off. 200 MA test #swingtrading

$LITE Earnings 9 days, Daily. MACD turn up? Price needs over 20MA and 50 MA and further confirmation. #earnings #watch #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 :

NA

Gold Miner’s $GDX:

NA

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

Seasonality. Crude oil. $USOIL $WTI $CL_F #Crude #Oil

Volatility $VIX:

NA

$SPY S&P 500 / $SPX:

NA

$NG_F Natural Gas:

NA

Markets Looking Forward:

Market is on fire – we’ll see how it goes! Trump tax announcement on deck!

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)
 

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: Protected: PreMarket Trading Plan Tues Apr 25 $CATB, $GLD, $DGLD, $DUST, $GOOGL, $XRT, $LITELINK: https://compoundtrading.com/premarket-trading-plan-tues-apr-25-catb-gld-dgld-dust-googl-xrt-lite/PASSWORD: 042517PToday’s Live Trading Room Link: https://compoundtrading.clickmeeting.com/livetrading

Curt Melonopoly: $CATB http://finance.yahoo.com/news/catabasis-pharmaceuticals-announces-favorable-results-120000211.html?.tsrc=rss
Curt M: Premarket Chart Set Up review 9:05 AM >>>>>>>>>>>>>
Curt M: Premarket chart review on mic>>>>>>>>>>>>>>>
Tradergirl: fab chart Curt xrt
Curt M: 🙂
Curt M: Of ic for Premarlet : Watching momo $CATB, $CANF and swings $GOOGL for add, $XRT for possible add, $LITE for swing entry. 9:27
Curt M: On mic for open>>>>>>>>>>>>>
MarketMaven: $KMX short
Curt M: 4CATB SHORTING ALL lol
MarketMaven: on it curt
Sartaj: Was expecting a lot more this morning, what-with the renewal of American tariff on Canadian lumber, W20 in Berlin
Flash G: $WIX swing is on move a bit
Sartaj: Maybe everyone really did sleep in, Curt lol
Flash G: Looking at a $BAC swing also today
Curt M: Sleepy day
mat: Took UWT long. XOM showing nice strength off of hammers. Playing against the 15.9 low. Aiming /CL 51’s for exit
Flash G: $JBLU swing I’m in you may want to review.
Sartaj: Good examples of when to sit on your hands this morning
Flash G: $NVDA went red
mat: Gold has tougher road to a bounce IMO
Curt M: Off mic 10:01 market open complete – no play for me. Lots of dump short opps tho. Back on at 12:00 for Chart Set Up Reviews and trading risk reward with swing plays. Will come back on if a break out occurs.
MarketMaven: Buying the panic on $AMZN is working
lenny: $BBRY trending r / g
Hedgehog Trader: $GREK breakout
Hedgehog Trader: mornin’
Shafique: gm
Spiegel: Dow just broke 21,000
Flash G: $AMZN on my list curt
Curt M: Jut grabbing some charts be one at 12:05 for mid day chart set-up review >>>>>>>>>>>>>>>>>>>>
Curt M: On mic for mid day chart review>>>>>>>>>>>12:05
Leanne: ugh
Tradergirl: lolll
Leanne: no ego
Tradergirl: LOVE confidence!
Tradergirl: lol Leanne
Sartaj: Math is math
Leanne: omg
Leanne: that’s me!
Leanne: cliffhanger!
Leanne: the swooping 200
Leanne: and price above
Leanne: that’s my question, thanks
Spiegel: I find using EMA’s instead of MAs gets you in earlier and out quicker. So that equals greater profits. Do you find EMAs aren’t as good?
Leanne: but based on MACD and price is above now isn’t a horrible entry?
Leanne: so you wait for that set up again, correct?
Leanne: how do you scan for these Curtis?
Leanne: you are hilarious
Sartaj: $448934938
Sartaj: I’ll do it
Sartaj: Spiegel had a question
rob: so are u bullish on gold with the 200 swooping down under 20 ma
rob: ?
Spiegel: For daytrading stocks, should we always have the charts set to extended hours? I notice if you use just trading hours like most charting systems you get different MAs.
Spiegel: …which means the 20 would cross the 200 at a different point.
Spiegel: pronounced more as if it was Spiegle.
rob: thanks!!
Curt M: sorry about the pronounce!
Curt M: okay going to brew a coffee and back in 15 for aft session
Curt M: $UBC Halt
Curt M: Watching for $LXU over 10.00
Curt M: $FGEN watching for a possible swing entry. It’s in break out so thats tough.
Curt M: I hate these trade junk days
Sartaj: Bye bye gains
Flash G: Lots of study completed:)
MarketMaven: Long $ETBI start 20%
MarketMaven: .01492
lenny: Coming with ya. Small start too and re hit when it cools $ETBI
lenny: Long $USO for a scalp only also
lenny: May hold up to 3 days or so out pending action
MarketMaven: Adding to $FB swing
MarketMaven: From Flash
Flash G: Nice work.
Flash G: $UNP has size flow through on tape
Shafique: not interested in the China flippers but that $ETBI has me curious…. already in $FB full size and some of the swings look ok but would like them to firm.
Flash G: $BAC action hard to ignore – no position
Spiegel: Bought some ESSI. Terible on the daily but good bounce play on the 5 min.
Spiegel: My AAOI has recovered nicely today too.
Spiegel: ESSI really flying now
Curt M: EDDI looks great
Curt M: lol my daughter jacked theat monitor momentarily
lenny: was wondering
Curt M: I wasn’t looking lol I was on the phone
Shafique: $ESSI may look at in morning
Shafique: How many kids you got Curt?
Curt M: 3 x 22 year olds lol
Curt M: $ETBI looks great too
Curt M: $FB strongest close I’be ever seen with it
Flash G: Market might go full bull mode yet this week.
Flash G: Have a good night guys.
Curt M: Cya Flash and all good night.

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

Follow our lead trader on Twitter:

Article Topics: – $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


Compound Trading Wednesday April 19, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $SNGX, $USOIL, $DWT, $GOLD, $DUST, $TWLO, $BABA –  $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:

Most recent lead trader blog posts:

Now I’m Inspired! My Guarantee to Struggling Traders (and Yours). Part 3 “Freedom Traders” Series.

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

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

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters):

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters):

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters):

Most Recent Public Swing Trading 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.

Premarket $NVLS, $SNGX, $RARE

$SNGX premarket up 32% on positive news.

PreMarket ? Trading Plan Wed Apr 19 $MS, $SNGX $UPZS, $OPMZ, $LIGA, $MMEX, $USOIL, $WTI, $GDX #trading

Morning! Premarket member chart set-up review in trading room 9:00! Charts. Live voice broadcast. https://compoundtrading.com #freedomtraders

In Play: $SNGX, $IMGN, $UGAZ, $DGAZ, $BOLD, $SBGL, $AGIO, $UVXY High Uncertainty: $EWZ, $SRNE, $X premarket

In play today in chat room and on markets: $IDXG , $GNC $DWT, $DUST, $USOIL, $WTIC, $GDX

Curt M: Long $SNGX 1000 4.51
Curt M: Long 4.57 3000
Curt M: Out 4.83 4000 shares

$SNGX market open momo went fantastic – waiting on 100%. Primary indicators.

Leaderboard: $SNGX 72% $EGT 23.5% $CALI 14.5% $CAMP 14% $IMGN 12.6% $AIRI 9%

Closing my $DUST and $DWT positions

How-to Trade Stocks, Lessons and Educational:

$SNGX trade

Stocks, ETN’s, ETF’s I am holding:

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

Note-able Momentum Stocks Today (via FinViz):

NA

Algorithm Charting News:

Direct algo target hit Tues 430 and Wed 1030 ? Crude algo intra work sheet FX $USOIL $WTIC #OIL $CL_F $USO $UCO $SCO $UWT $DWT #OOTT

EPIC the Oil Algo called the top in oil almost to the cent ten weeks in advance. Not bad. $UWOIL $WTI $CL_F $OOTT #OIL @EPICtheAlgo

This morning “experts” still on TV “Buy #oil right now!” Ugh. I sat there thinking, you must have access to same chart models we have. #OOTT

Algorithmic chart model reset tonight. Massive data processing w aggresive downdraft today. @EPICtheAlgo ? $USOIL $WTI $CL_F $USO #OOTT #OIL

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:

$TWLO Swing Trade going well. Trading 30.51. April 12 MACD turned up opened long 29.60 tight stop.

$BABA Closed trade at 111.40 at target from 104.64 cost average #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 :

Gold. Sometimes simple charts better. #Gold $GC_F $GLD $XAUUSD $NUGT $DUST #Commodities

Gold Miner’s $GDX:

For those buying GDX on war concerns. Gold production tends to collapse during wars. Resources diverted to war efforts.

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

Seasonality. Crude oil. $USOIL $WTI $CL_F #Crude #Oil

Volatility $VIX:

$VIX Market Bottoms ? …. Is A Market Bottom Near? Watch For A VIX Spike Reversal – blog by @hedgopia
$SPY $VIX $VXX

$SPY S&P 500 / $SPX:

A number of notable short-term extremes suggest $SPX is near a point of reversal higher.

$NG_F Natural Gas:

NA

Markets Looking Forward:

NA

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)
 

 

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.

Sartaj: Pre-Market Chart Setup Review begins in five minutes
Curt M: Premarket chart review 9:05 start – waiting on a coffee brew sorry lol >>>>>>>>>>>
Sartaj: Okay
Curt M: Get any in here ya want to review pls.
Curt M: A lot of stragglers this morning.
Curt M: back in a few.
Sartaj: Anyone have requests? Nows your chance
Spiegel: it works
Curt M: thanks
sbrasel: chk ?
Curt M: Going to get coffee b r back
Sartaj: Okay, so far we have $CHK
Sartaj: Any other requests?
Curt M: On mic in 1 minute premarket chart set up review >>>>>>>>>>>>
Curt M: Hoping some stragglers get in here that need to be lol
sfkrystal: hi everyone first day here 🙂
Curt M: hey krystal
deb: mornin krystal
Spiegel: I took some SPY calls near the close yesterday. Projections of how far rally should go today or for rest of week?
Spiegel: Hey krystal. My 2nd day.
mat: XLE looks primed and ready. My main focus for today
Spiegel: $BVTK or $DOLV please
mat: XLE yesterday bottomed on a long tern channel going back a year and a half or so
mat: Here’s the 3 year weekly of what I was talking about in XLE http://tos.mx/FJXJdu
sfkrystal: love the technicals. pretty. $IDXG looks bearish for today?
Curt M: Premarket review complet>>>>>> on mic in 1 min for open
Sartaj: Hello, Gary
Curt M: On mic for open >>>>>>>>>>>>
gary y: good morning everyone
Curt M: Long $SNGX 1000 4.51
Shafique: in w ya
Flash G: $GS action
MarketMaven: In too
Flash G: $FB tape strong
Hedgehog Trader: enjoying your analysis Curt
Flash G: $BIDU big blocks
Curt M: Stop set 3.99
Shafique: $VHC momo
lenny: PRKR also
mat: manipulation at its finest on this one
mat: Clearly not all but those are some funny candles
mat: Gold getting smashed
Hedgehog Trader: $SINO shipper very low vol but chart looks great
Curt M: Long 4.57 3000
Curt M: Out 4.83 4000 shares
MarketMaven: holding
deb: nce play
sfkrystal: brilliant, thank you!
cara: yeeehaw
Spiegel: Excellent. I can see I joined the right room.
sfkrystal: yes me too, thanks again
Curt M: thanks guys and gals:) be back soon
Flash G: You youngsters will do well in here. Just follow the rules so you don’t get burnt. Stops always. #1
MarketMaven: Flash is the wisdom guy:)
lenny: I’m just adding this is going to be huge hahaha maybe hopefully – but nice play
Spiegel: Flash, I just wrote in black magic marker on a piece of paper in bold letters “USE STOP LOSS ORDERS ON EVERY TRADE!!!”
Flash G: Yes
Curt M: Sartaj you around?
Spiegel: Do you guys use sfixed % stops or do you base them on MA’s or on support?
gary y: stops take the emotion out of the trade
Flash G: Gary should be listened to btw – he’s no begginer
Sartaj: I am here
Curt M: I’m going to get on mic with a chart save how to use session for 10 mins at most if you’re ready
Sartaj: Okay, I’m ready
Curt M: need to ublish this for new users
Curt M: On mic 10:23 >>>>>>>>>>>> using tradingview charts
Curt M: Off mic back in 20 mins – running scans >>>>>>>>> 10:34 AM
MarketMaven: I closed btw big win might re-enter
Shafique: holding 50%
lenny: hold 30%
deb: enjoyed that thanks
Shafique: closed $SNGX
Sartaj: Algo target is on course for a direct hit, oil subs
Curt M: Leaderboard: $SNGX 72% $EGT 23.5% $CALI 14.5% $CAMP 14% $IMGN 12.6% $AIRI 9%
Shafique: EPIC is…. well yes EPIC
Sartaj: Excited for the coding phase
Curt M: wow serious bandwith challenge lol
Sartaj: There it is
Sartaj: Direct hit
Curt M: yup
Curt M: EPIC is EPIC haha
Sartaj: I think Spiegel must have made up for yesterday. He seems to have disappeared
Curt M: haha
Curt M: hopefully he made out ok
Flash G: Watching $VZ for possible entry
Curt M: My $DUST play is up again. 3 days in a row. nice
Curt M: I might add to $DUST soon – when Stoch RSI is at bottom on 5 min and curls up
Curt M: But MACD is too high and SQZMOM is turning down come to think about it
Curt M: $CBLI is back lol its up 14% trading at 3.97
Curt M: thats on watch again for afternoon
Spiegel: I was able to add your charts to my tradingview account no problem
Curt M: Nice. Hopefully that helps.
Spiegel: thanks
Curt M: No prob. A little technical helps.
Curt M: I look at technicals like a GPS lol
Curt M: #EIA report is over so $SPY could get lift between now and 2:40 IMO
Curt M: If $SPY holds green between now and pit close at 2:30 it will get lift for sure after 2:30 at latest – but it has to hold green.
Curt M: If it stays green and gets lift over that 20 MA then momo stocks will fly
Curt M: So be careful listening to bear chatter.
Shafique: For members that may not realize, when Curt puts that bull picture on Twitter, you know the momentum plays are coming. I think it was Monday he posted the bull again.

yehodap: but more now mysz
Curt M: Closing my $DUST and $DWT positions – nice profit – will re-enter again soon.
Curt M: EPIC called the top almost to the penny 10 weeks in advance – not bad.
MarketMaven: EPIC hahahahaha hasn’t missed
Curt M: $CBLI gonna run or what? off VWAP
Curt M: There is ZERO good about the $MYSZ chart. ZERO.
Sartaj: And FYI: http://finance.yahoo.com/quote/MYSZ/community?ltr=1
yehodap: MYSZ …..YES YES— AKK THE BAD AND ALL THE GOOD! THIS IS TOTAL MACHINE STOCK.
Spiegel: So for CBLI, a good buyback place would have been when stochastic started to turn up again at 5.07 OR wait for it to cross 8 ema at 5.13?
Curt M: That was your only warning Yegodap. No pumps or permanently banned.
gary y: thank you
Spiegel: and typing all in caps doesn’t make your point any stronger
yehodap: SORRY
yehodap: sorry
Curt M: 🙂
Curt M: Okay 2:47 lets get one
Spiegel: So back to CBLI. So a good buyback place would have been when stochastic started to turn up again at 5.07 OR wait for it to cross 8 ema at 5.13? Thanks.
Curt M: tough play
yehodap: cbli , put short xxxx stock .fo rmy eyes the stock can go back.
Curt M: give me a sec
Curt M: I don’t think I’ll trade it unless it changes.
Curt M: BUt I know 4 people in room are still in it
MarketMaven: It looks done for the day.
MarketMaven: Power hour may do something
Spiegel: Buying th stochastic turn up also coincided with a break up through a trendline drawn from the highs.
MarketMaven: true
MarketMaven: lol
Curt M: need to focus
Sartaj: Sorry to our members, we haven’t had to deal with something like that in the room before. I guess it was to be expected at some point.
Curt M: $SPY is at moderately important support FYI. Not critical but important.
Curt M: TL support. Diagonal. And algorithmic.
Curt M: Trading the new channel in oil pressure should provide a decent set of trades over coming days.
Curt M: Just realized my $DUST position was underwater – orginal position 1/5 caused that. Will be on post market report. But $DWT banked.
MarketMaven: I knew that I just thought you meant the second position was positive.
Curt M: lol ya
Curt M: Lots of resetting in the charts tonight wow.
Curt M: Nasdaq still green
Curt M: funny kinda
Curt M: I have peeps DMing me “what the f happened today” ummm oil hit resistance folks – big resistance EIC been saying biggest in more than ten years:)
Curt M: When oil gets near the 200 day you can expect rumors from OPEC
Sandara Q: yup
Curt M: Well they’ll hold $SPY up if they have to and oil may come off to 200 day but the rumors will start and we’ll go for another while. It’s all about trying to get oil through the resistance.
Flash G: Pretty much summarizes it.
Flash G: Until the oil bounce…. ?
Curt M: Morning momentums, shippers likely, OTC likely, trade oil down the channel until the bounce. Swing plays will be tough with exception of some selective ones. All my opinion of course.
Flash G: Selective swings like selective hearing
Flash G: I won’t expound
Leanne: my kids and dogs have selective hearing
Curt M: ha I think Flash was hinting too
Flash G: at least your husbands listens
Leanne: happy wife is a happy life says my husband
Flash G: kinda like loch ness
MarketMaven: omg
MarketMaven: Flash needs a drink
MarketMaven: Well that was a great week so far. Made my year.
Shafique: it was a great week maybe it will continue tomorrow
sbrasel_1: is Xiv a good swing trade at 64.55?
Curt M: i’ll look
Curt M: To trade $CIX what I do is wait for $SPY to get to it’s low – or support, Oil to be at support or low (on the timeframe you are trading) and wait for VIX to be outsideits upp bollinger band and preferrably at upside resistance on the downwar TL
Curt M: Sorry not CIX XIV lol
sbrasel_1: ok
Curt M: I’ll get you some numbers
Curt M: 229.60 on $SPY is where I’ll be targeting. With $VIX preferrably at upside resistance.
Curt M: I know 229.60 sounds aggressive but thats the number we have.
Curt M: And that algo has been hitting the upside and downside moves for months to the penny almost
sbrasel_1: Thanks
Curt M: no prob
Curt M: Only thing is if $SPY hits that number $VIX will likely be way over TL resistance lol but who knows
Curt M: On a daytrade may be different
Flash G: In large part Curt is right about managed markets. They will ikely find a way to hold $SPY near and OPEC rumors etc.It find some downside but not likely much. Then $XIV is the entry.
Shafique: That is the way I see it also.
Shafique: It all changed in 2009
Spiegel: Although Another OTC type we should have caught today is COTE. Amazing chart
Curt M: lol don’t tell me ugh
Spiegel: lol
Curt M: I’ll be studying OTC all night 🙂
Spiegel: give it a look
Spiegel: Right now the excitement is in the triple zero stocks
Curt M: Yes
Curt M: Typical for when markets are at extended highs in my experience should have known
Spiegel: that first bar with volume wouldve been perfect to get ini
Curt M: less than 2 hours ago
Curt M: 540%
Spiegel: not a bad return
Curt M: I’ll be up all night lol they’re hot
MarketMaven: Well you know me – throw the ball
Flash G: This will be fun to watch.
Curt M: $STUDY night
Spiegel: OTC pinx
Curt M: ya just checking the regs even theyre hot
Curt M: not like the pinks
Curt M: lol
Curt M: Tonight I’ll go through them and maybe swing at a few in morning
Curt M: Have a great night
MarketMaven: You too Curt
Shafique: Good night Israel!
Spiegel: Have a good one!
lenny: lol peace guys and gals! to all!
Curt M: cya
Sartaj: Peace

 

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

Follow our lead trader on Twitter:

Article Topics: $SNGX, $USOIL, $DWT, $GOLD, $DUST, $TWLO, $BABA – $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


Compound Trading Tuesday April 18, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $IDXG , $GNC, $DWT, $DUST, $USOIL, $WTIC, $GDX –  $DWT, $DUST, $LIGA, $ONTX, $XOM, $NE, $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:

Most recent lead trader blog posts:

Now I’m Inspired! My Guarantee to Struggling Traders (and Yours). Part 3 “Freedom Traders” Series.

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

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

Most recent Premarket Chart Set-Up Video (most recent available to public – there may be other exclusive’s in member newsletters):

Most recent Market Open Momentum Stock Trades Video (most recent available to public – there may be others in member’s newsletters):

Most recent Mid Day Chart Set-Up Review Video (most recent available to public – there may be others in member’s newsletters):

Most Recent Public Swing Trading 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.

Don’t forget we’re doing premarket chart set-up reviews for members! Get in there and get ready for the day!

$GNC Premarket up 20% on earnings.

Premarket Leaderboard $IDXG $GNC $BIOC $XOMA $QTNT $RIGL $NVAX $CAB $PLX $AKTX $VSI

In play today in chat room and on markets: $IDXG , $GNC $DWT, $DUST, $USOIL, $WTIC, $GDX

Got a decent momentum play first thing in the morning on $IDXG for about a 600.00 win and then later played it again only to have an intra-day 8-K offering slam it. So I was red on day by about 1200.00. One of my bigger losses on year so far. I got so used to winning I forgot what it was like to take a loss. Now, on my accounts very small relative but still sucks. A good reminder to always set stops, even on smaller entries. But this does highlight the need to keep your risk management and sizing in check.

Curt M: Long 3.56 1000 shares $IDXG
Curt M: Stop 3.60
Curt M: Add 4.07 1000
Curt M: Stop 3.88
Curt M: Out 4.13 2000

Still holding miscellaneous small bags that constitute less than 5% of portfolio (which is typical for me) and holding my $DWT (at 1/5 size) and $DUST at 2/5 size.

The opening video today with the $IDXG momentum trade was an awesome training / learn how-to trade stocks type video on technical set-ups and indicators on gap and go momentum stocks for new and even some more advanced traders (I had a few message me about it and I was surprised it was valuable for them too).

Wow that was awesome market open! $IDXG – boom time again for members. Caught on vid too. Anyway off mic til noon chart setup review. Peace.

Popular: $GS, $GNC, $GWW, $AYX, $CAH, $WB, $MITK, $HRB, $XOMA, $BIDU, $AFL, $UL, $CMI, $CF

Had one of my worst wash-outs YTD today in $IDXG – really small position but it caught me without a stop. Ugh. See rules then trade.

Leaderboard $IDXG 35%, $GNC 25% $MTFB 15%, $DXR 14%, $AKTX 14%, $MVIS 14% Losers: $PSIX -29%, $CBLI – 27%, $CUDA -16%, $SPU -16% #trading

Holding $DWT because of course EPIC the Algo has been rocking the show and not missing a beat.

EPIC the Algo on fire?Hasn’t missed a turn since inception. All documented on http://compountrading.com . $USOIL $WTI $CL_F #OIL#trading #OOTT

How-to Trade Stocks, Lessons and Educational:

Trading gap go break out market open covered in detail. W $IDXG indicators as price confirms. At 15:00 min on vid.

Watch video in blog post. Then study charts. Find moving averages that lineup on time-frame suitable #freedomtraders

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size to micro sizing except $DUST) – $DUST, $DWT, $XIV, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
IDXG 2.76 28.37% 56777353 Top Gainers
GNC 9.03 24.72% 26630527 Top Gainers
TWI 9.94 14.25% 1406318 Top Gainers
MVIS 2.34 14.15% 2667471 Top Gainers
XOMA 7.41 14.00% 1192447 Top Gainers
CORE 34.87 13.36% 776862 Top Gainers
HPJ 5.60 8.74% 507599 New High
DY 103.15 5.77% 1641915 New High
TTS 21.00 8.25% 1996037 New High
FDEF 52.23 -0.50% 68335 New High
STRP 113.60 0.99% 945719 Overbought
FIZZ 89.07 1.41% 302862 Overbought
IDXG 2.76 28.37% 56777353 Unusual Volume
AGZ 113.76 0.17% 1314394 Unusual Volume
LTRE 2.45 8.89% 49178 Unusual Volume
NURO 0.71 16.70% 2730885 Unusual Volume
AFL 73.88 0.48% 2689896 Upgrades
ASRV 3.90 -1.27% 101235 Earnings Before
MDVX 1.28 -7.25% 183119 Insider Buying

Algorithm Charting News:

⤵ That tweat cause our $SPY algorithm warned us /members TWO WEEKS before last high we’d not return to high for some time?? @FREEDOMtheAlgo

⤵Epic nailed the top when the world was screaming this. @EPICtheAlgo

I wouldn’t get too excited long $SPY $ES_F $USOIL $WTI etc. until most recent highs are taken out and confirmed.

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:

When I started talking leaning in to oil related short 5 days ago LOT of people, well you know. EPIC the Oil Algo ?? $USOIL $WTI $CL_F #OIL

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 :

Gold. Sometimes simple charts better. #Gold $GC_F $GLD $XAUUSD $NUGT $DUST #Commodities

Gold Miner’s $GDX:

For those buying GDX on war concerns. Gold production tends to collapse during wars. Resources diverted to war efforts.

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

Crude Oil. Simple charts. #Oil $CL_F $USOIL $WTI $USO $UWT $DWT #OOTT

Seasonality. Crude oil. $USOIL $WTI $CL_F #Crude #Oil

Volatility $VIX:

$VIX Market Bottoms ? …. Is A Market Bottom Near? Watch For A VIX Spike Reversal – blog by @hedgopia
$SPY $VIX $VXX

Stat Of The Day>Record $VIX Term Structure Skew: 1Mo/3Mo (VIX/VXV) @ Extreme High;8-Day/1MO (VXST/VIX) @ Extreme Low

$SPY S&P 500 / $SPX:

A number of notable short-term extremes suggest $SPX is near a point of reversal higher.

$NG_F Natural Gas:

NA

Markets Looking Forward:

#earnings $BAC $NFLX $GS $UNH $JNJ $IBM $GE $QCOM $VZ $SCHW $MS $CUDA $BX $PGR $V $MTB $HOG $ABT $UAL $CMA $RF $USB http://eps.sh/cal

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)
 

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.

MarketMaven: hey looking good today
Flash G: up 50k from yesterday would look good any day ha nice work MM
Sammy T: mornin
lenny: hey sam
Sartaj: Good morning
OILK: Nice play on oil. Epic.
Curt M: morn
OILK: wow oil stopped right at res EPIC email alert this morning uncanny
MarketMaven: Housing Permits beat 1.260MM, Exp. 1.255MM
Curt M: Premarket Leaderboard $IDXG $GNC $BIOC $XOMA $QTNT $RIGL $NVAX $CAB $PLX $AKTX $VSI
Curt M: On mic at 9:05 for premarket chart set up review >>>>>>>>>>>>>>>>>
Curt M: A couuple stragglers have asked for 5 mins
optionsavvy: gm
Sartaj: Hey, Savvy
optionsavvy: BPMX has some buyers pre
Curt M: gm
optionsavvy: NADL light vol to upside as well
optionsavvy: BAC setup for a nice options trade on a back to 24 res basis
optionsavvy: 23.5 Cs for this week could play well if it goes
optionsavvy: need to let the IV flatten a bit after open imo
Flash G: Like the BAC idea
Curt M: On mic for premarket >>>>>>>>>>>>>>
Curt Melonopoly: http://finance.yahoo.com/news/gnc-holdings-gnc-beats-q1-122112257.html?.tsrc=rss
Curt M: Pff mic premarket chart review >>>>>>> 9:26 $IDXG $GNC $GOLD $GLD $GDX $DUST $USDJPY $USOIL $WTIC
Curt M: On mic in 2 mins for open $IDXG $GNX morning momo watch >>>>>>>>>>>>>>>>>>>>>
Curt M: on mic>>>>>>>>>>>>
Curt M: Long 3.56 1000 shares $IDXG
MarketMaven: yup
optionsavvy: mkts looking like chop day
Curt M: Stop 3.60
Curt M: Add 4.07 1000
Curt M: Stop 3.88
optionsavvy: LBIX has vol and looks like a breakout near
optionsavvy: OHRP has been SICK since .60
Curt M: Out 4.13 2000

Spiegel: Now that I’ve sen you in action youre incredible

Sartaj: Tell your friends, Spiegel
Sartaj: We’ve been screaming from rooftops
optionsavvy: mkts hitting support here buyers need to close the deal
Leanne: I”m on a 3 month challenge of wall climbing with you guys.
lenny: ahhahaha
Spiegel: I’m taking a trial with another trade room and they didn’t even start buying IDXG until 4.06
Leanne: GM, sorry, super busy Easter wknd, still recovering
Spiegel: $50K ?!?! That’s insane!
Leanne: Oh Spiegel, leave that other room, Curtis is all you need
Spiegel: I can see that now

mat: Curt dropping a master class in here this morning. This should be an instructional video for sure

Leanne: Thanks Curtis
Curt M: hey no probs 🙂
Sartaj: That was epic
Curt M: off mic morning momentum >>>>>>>>>>>>>>>>>>>>>>
Curt M: EPIC I love little epic
Sartaj: That was, as mat said, a master class. Shows the importance of watching your technicals
Curt M: Oil got pop
Curt M: intra resistance on oil FYI
Curt M: on Mic re: Oil quicl>>>>>>>>>>>>
optionsavvy: I dont trade sub 1s but that ARGS chart is pretty
Spiegel: I can’t believe I signed up yesterday for this room for just $36.50 and just got to see a trade like that. And the money some people are making is more than I ever imagined.
Sartaj: 🙂
Sartaj: Wait until we start coding these babies
Curt M: Off mic on Oil Review FX: $USOIL $WTI Crude Oil >>>>>>>>>>>>>>> 10:30 AM
Flash G: Spiegel -just you wait! 🙂 you’ll be over the wall with us
Curt M: Sartaj…. you can publish that oil chart review also?
Sartaj: Yes
Sartaj: I recorded it
MarketMaven: Replay of yesterday $IDXG on deck peeps! KABOOM later
MarketMaven: Adding now.
Sammy T: with ya
Curt M: thanks Sartaj

Curt M: Should be quiet now for an hour and a half or so
Sartaj: And Spiegel, glad we could clear the air yesterday. There is definitely a certain ethic involved with this room, as you’ve touched on, and given the price and everything, we want to make sure it’s the right fit for everyone involved.
Sammy T: $XGTI tape bullish guys

Curt M: Going to watch for confirmation or break down – if it breaks down I’ll come back in later likely
Curt M: Off mic until it goes (if it does)
Spiegel: Of course Sartaj! I don’t believe in people just jumping into a room and shouting “Give me the picks” so they can just treat things like a chimp pushing buttons. There has to be some understanding and learning involved.
Curt M: Will watch it – holding – may hit it hard when Stoch RSI at bottom pending price aaction
Sammy T: When Stoch RSI turns up I’ll be in full throttle myself fwiw
Spiegel: So it’s turned up. I got in. Anyone else get in or add there?
Sammy T: Me, len , market maven for sure lol
Spiegel: of course now that I’m in its crossed back down.
Spiegel: there we go!
Sammy T: yepp
Sammy T: it may berak HOD real early here
Sammy T: Stoch RSI is near top though so there is a chance it will continue to consolidate though
MarketMaven: Everyone doesn’t want to miss the afternoon move thats why its so bullish early IMO
MarketMaven: Hpoefully nothing in market Fs it up before it goes
Curt M: SQZMOM just turned green.
Spiegel: Whoa!
Curt M: Whoa nice wash out stops wacked
lenny: holding
lenny: thats what ya get for time of day lol perfect example
lenny: ah well, it’ll repair over lunch and go
Spiegel: and now its halted which is never a good thing when it’s been going way down
MarketMaven: It’s repair
MarketMaven: ya Curt’s got it right thats support – if it doesn’t hold that off halt then theres a problem lol
MarketMaven: Still above my cost avg too so I’m good
Spiegel: Apparently they did a $2.20 convertible note. So it’s going to get killed when it reopens. What a terrible first trade I’m trapped in.
MarketMaven: Checking
Flash G: Seems odd intra day
Spiegel: its open
Flash G: Confirmed. The nes isn’t good. But the traders may trade it up.
MarketMaven: Perspective is your cost avg Spiegel – never take your learning trades at slow time of day lol and get a stop on your trades young man! in future.
MarketMaven: They’re shorting the pops now
MarketMaven: has to hold 3
lenny: 40 MM shares wow
Curt M: I can’t get a confirm on the $IDXG news
Flash G: I got it from other traders I guess I should’t of spoke so fast.
Curt M: An offering mid day seems so wierd.
Curt M: Lots of chatter no confirmation though
Curt M: amended exchange from prior agreement is seems – panic maybe? anyone confirmed?
Sammy T: searching
Sartaj: brb
Curt M: Oil holding that lower support so far
Sartaj: Midday review at noon EST, curt, or 12:30 EST?
Curt M: 12:10 yes – sorry working on $IDXG confirm
Curt M: Looks like 1.6MM shares convertible at 2.20 which is nothing
Curt M: But that could be old news
Curt M: Confirmed 2.20 Swnior Convertible Notes
Curt M: Have the 9-K
Curt M: 3,547,775.00 2.20 Dated March 23
Curt M: 8-K sorry not 9
Curt M: Closing of Agreement April 18, 2017
Curt M: It’s a small offering though. but still.
Curt M: Matures June 23 2018 for 125% of face value.
Curt M: Iinteresting FORM 8-K. Should bounce but don’t count on it.
Curt M: If it loses 2.95 I’ll cut for a loss. Dirt bags intra day. Wow.
MarketMaven: Never seen that before.
Flash G: I have but rare.
Curt M: I’ve never seen this scenario.
Spiegel: What are the odds it would happen my very first trade here? Nobodies fault. Couldn’t be predicted or even expected. And yes I should have had a stop in (even if Curt didn’t).
Curt M: Similar I’ve seen but the FORM 9-K makes it original
MarketMaven: Ya low of day is my cut point to…. 2.94.
MarketMaven: But its holding up.
Spiegel: Sadly I wasn’t in on the big rise earlier. Was just observing. So this hurts.
lenny: Who the hell does a mid day offering?
rom: cup and handle pattern on the 1 minute?
lenny: Anyway, I’ll likely cut 2.94 or add at break of current resistance for a quick trade.
Curt M: On mic in 3 min for mid day review >>>>>>>>>>>>
Curt M: On mic 12:08 >>>>>>>>>>>>>>>>>>>
Leanne: Spiegel, I’m new too, you are not alone here.
Spiegel: Nice to know I’m not alone Leanne
Spiegel: I’m not too upset. Just going to lose what I made yesterday.
Spiegel: And next time, set STOPS, STOPS, STOPS!
Leanne: Spiegel, this is an awesome group with Curtis as the leader and I have learned a lot. Highly recommend watching all Curtis’ youtube vids. We’ll do this together.
Spiegel: Great!
Spiegel: I notice all those rules are from the book Market Wizards. Interviews with top traders.
Spiegel: froze all of a sudden. Just me?
Sartaj: For a second, it’s back for me
Spiegel: me too
Sartaj: Our lab has been eating more bandwidth than usual lately
Curt M: $IDXG stopped 2.93 for a loss 200 shares
Spiegel: IDXG in at 4.15. Stopped at 3.05. $1100 loss. Glad to get the worst luck of the year out of the way at the beginning.
Sartaj: Did we mention our office has been busy? Curt will be back in a second
rom: sb
rom: chart
Spiegel: If USDYEN falls as you expect won’t that make gold fall and hurt your DUST position? Or am I wrong about your thoughts on USDJPY
Leanne: Thanks Curtis, love the lessons
Leanne: I hear ya! wish I was focussed on trading more. in time,
rom: you are the best!
rom: thank you so much
Curt M: No prob!
Curt M: Back in 10 and lets get some plays set for afternoon.
Curt M: off mic >>>>>>>>>>> 1:05 PM
Flash G: fgoing to get coffee too
Leanne: me too, actually going to find a new baker… might be a while!
MarketMaven: baker… she’s a baker master !
MarketMaven: love baking
Flash G: hungry
Flash G: red market days…. hmmmm…
Flash G: Oil all about oil right now
lenny: A message from Sunrise Trader …. Risk off, flight to safety type market right now. Less is more no need to be part of the chop/chop. Market gives opportunity to the prepared
lenny: Love it

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

Follow our lead trader on Twitter:

Article Topics: $IDXG , $GNC, $DWT, $DUST, $USOIL, $WTIC, $GDX, $GLD – $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


Compound Trading Thursday April 13, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $OCRX, $NVET, $CALI, $USOIL, $WTI, $DWT, $GLD, $XIV, $VIX – $DUST, $ONTX, $XOM, $NE, $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:

Most recent lead trader blog posts:

Trading Checklist (Rules) I Follow Before Triggering. Part 2 of “Freedom Traders” Series.

Now I’m Inspired! My Guarantee to Struggling Traders (and Yours). Part 3 “Freedom Traders” Series.

Yesterday’s Post Market Trading Results can be found here:

Today’s Premarket Trading Plan Watch-list can be found here:

Most Recent Swing Trading 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 watch-list for me was all about: 

$OCRX $STAF $EYES $AAOI $TVIA

$OCRX Premarket Chart

$OCRX Premarket up 40% on news.

In play today in chat room and on markets:

Premarket was in $OCRX $STAF $EYES $AAOI $TVIA and then on the day it was $NVET, $CALI, $STRM, $VSTM and a few others. I didn’t trade any day-trades but did some Swing Trading management on that platform.

On the OTC side my $LIGA call was playing out well.

Also on top of $USOIL, $WTI intensely of course because I am in $DWT and Gold $GLD because I am in 1/5 small position in $DUST and $XIV, $VIX, $SPX, $SPY play getting interesting to me so watching very closely.

How-to Trade Stocks, Lessons and Educational:

It’s not about picking the right stocks. Focus should be mechanics of the trade – indicators for entry, exit, sizing, timing, trailing etc.

What a great post ???⤵ #trading #success

“Rules Based Approach” If there was only one thing I could drive home w/ new traders (that I speak to all day every day) is this one thing.

Never blame, never complain, never lack gratitude for the opportunity to learn. Be a good loser, dust off and move on to the next trade.

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size to micro sizing) – $DUST, $DWT, $XIV, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
NVET 6.62 63.46% 1675615 Top Gainers
CALI 2.99 25.10% 5173259 Top Gainers
OIBR-C 6.73 19.54% 19104 Top Gainers
CO 8.01 15.09% 971070 Top Gainers
STRM 1.31 14.20% 821419 Top Gainers
VSTM 1.85 14.20% 1075600 Top Gainers
IMNP 2.55 1846.56% 326704 New High
NVET 6.62 63.46% 1675615 New High
CO 8.01 15.09% 971070 New High
MDXG 10.74 8.48% 4540807 New High
STRP 91.70 -0.33% 326559 Overbought
NVET 6.62 63.46% 1675615 Overbought
NVET 6.62 63.46% 1675615 Unusual Volume
SRNE 1.80 -38.98% 9131264 Unusual Volume
SPU 2.94 -44.84% 2244165 Unusual Volume
RORE 15.43 -0.06% 88200 Unusual Volume
CPE 12.51 -4.72% 7838100 Upgrades
APOG 50.72 -12.67% 2068900 Earnings Before
APO 25.62 -0.70% 2800200 Insider Buying

Market Outlook:

Our futures?⤵

#earnings $BAC $NFLX $GS $UNH $JNJ $IBM $GE $QCOM $VZ $SCHW $MS $CUDA $BX $PGR $V $MTB $HOG $ABT $UAL $CMA $RF $USB ⤵

Selling ahead of tax day is normal. So is a bounce after. We discuss here ….

Algorithm Charting News:

⤵ That tweat cause our $SPY algorithm warned us /members TWO WEEKS before last high we’d not return to high for some time?? @FREEDOMtheAlgo

⤵Epic nailed the top when the world was screaming this. @EPICtheAlgo

I wouldn’t get too excited long $SPY $ES_F $USOIL $WTI etc. until most recent highs are taken out and confirmed.

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:

When I started talking leaning in to oil related short 4 days ago LOT of people, well you know. EPIC the Oil Algo ?? $USOIL $WTI $CL_F #OIL

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

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

NA

Gold $GLD $XAUUSD

$GLD: SPDR Gold Shares Testing Post-2011 Down Trendline (linear scale) $GC_F

Keeping it simple doesn’t hurt??⤵ #Gold $GLD $XAUUSD $GC_F #Commodities

Gold Miner’s $GDX:

For those buying GDX on war concerns. Gold production tends to collapse during wars. Resources diverted to war efforts.

Silver $SLV:

NA

Crude Oil $USOIL $WTI:

#IEA >>More oil on the market than last year, a report finds

HEDGE FUNDS’ ratio of long to short positions in NYMEX WTI rose to 5.4:1 on Apr 11 from 3.6 prior week and recent low of 3.1 on Mar 28

Seasonality. Crude oil. $USOIL $WTI $CL_F #Crude #Oil

U.S. Oil Rig Count Climbs to Highest in Almost Two Years

WTI producers have trimmed their net short position in 2017 (mainly through more long exposure)

Volatility $VIX:

$VIX Market Bottoms ? …. Is A Market Bottom Near? Watch For A VIX Spike Reversal – blog by @hedgopia
$SPY $VIX $VXX

Stat Of The Day>Record $VIX Term Structure Skew: 1Mo/3Mo (VIX/VXV) @ Extreme High;8-Day/1MO (VXST/VIX) @ Extreme Low

$SPY S&P 500 / $SPX:

A number of notable short-term extremes suggest $SPX is near a point of reversal higher.

$NG_F Natural Gas:

NA

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)

 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.

Optionsavvy: gm
Optionsavvy: I am looking for a calculated buy off yesterdays low as support. Mkts need to open near here or the RR wont be in my favor
Optionsavvy: UVXY also at a top of range here which supports a short VIX and a long mkts
Flash G: morning
Optionsavvy: Mkts closed tomorrow so watch your options exp
lenny: Good morning! Shopping day.
eddie: morn
Curt M: Protected: PreMarket Trading Plan Thurs Apr 13 $OCRX $EYES $AAOI, $SPY, $GLD, $GDX, $USOIL, $WTIC Link: https://compoundtrading.com/premarket-trading-plan-thurs-apr-13-ocrx-eyes-aaoi-spy-gld-gdx-usoil-wtic/  PASSWORD: PRE0413
Curt M: Open watchlist: $OCRX $STAF $EYES $AAOI $TVIA on mic at 9:28 for open >>>>>>>>>>>>>>
Curt Melonopoly: $OCRX http://finance.yahoo.com/news/ocera-therapeutics-announces-presentation-data-200500336.html?.tsrc=rss
Curt Melonopoly: $EYES http://finance.yahoo.com/news/second-sight-argus-ii-retinal-110000258.html?.tsrc=rss
Curt Melonopoly: $AAOI http://www.marketwatch.com/story/the-cloud-boom-is-still-raining-money-on-optical-networking-companies-2017-04-12?siteid=yhoof2&yptr=yahoo
lenny: Looks calm. Some fear perhaps.
Curt M: Snowing here. Mountain snow. Huge flakes.
MarketMaven: Ut sucks.
MarketMaven: SNowboarding this weekend:)
mathew: Hey curt, here’s a VIX chart with levels to watch http://tos.mx/4qaoMO
MarketMaven: Thanks Mathew – he’s outside doing something.
MarketMaven: Mad.
MarketMaven: Snow.
Curt M: Back
Curt M: Thanks
Optionsavvy: Snow?
Optionsavvy: ha ha whats that ?
mathew: With the VIX I like to keep charts simple and only chart major levels. Im watching to see if we can make it to that down trend which I doubt but that would be a vol short for me
Curt M: Piss me off
Curt M: Surfer stuck in mountain snow land
Optionsavvy: what a difference a day makes. IWM short was money yesterday because it was weak. today is strong on rel basis so will be my long if I try at open
Cara: uck
mathew: /NG on a ripper from yesterdays lows
Curt M: $BLTO halt
Optionsavvy: long $QQQ here
Flash G: $DIS bullish tape
mathew: Short term gold shouldn’t have much room to the upside here with large divergences from real rates. More war premium can pop it but I’m cautious on gold. Miners have also played like crap thus far in the most recent run
Sammy T: all over $LIGA since last week it will be a multi bagger
Sammy T: lens in it to
Flash G: Adding to $BABA swing today
Flash G: Possibly $QQQ
Curt M: $XLNX scanner firing off on this
Curt M: We have a new 200 MA scanner coming out FYI – our coding
Optionsavvy: taking off half QQQ calls +100%
Curt M: nice
Curt M: MACD turns up on $XLNX on daily I’ll likely take it long
Flash G: $QCOM MA chatter on $XLNX
Flash G: $SHOP has chatter also
Flash G: You might be right about NASDAQ next week Curt.
Hedgehog Trader: what about Nasdaq next wk?
Hedgehog Trader: morning gents
Hedgehog Trader: and lasses
Curt M: Looking at adding to $XIV late today. Also looking at possibly adding to $DWT. And some tech stocks.
Curt M: Hey Nich.
Curt M: Next week I was saying I’m bullish $SPY and NASDAQ
lenny: $RTTR multi bagger on the way
Hedgehog Trader: yup and we have an astrological reason to start being bullish next week – Venus which also governs business and relations (think geo tensions) ends a 6 week retrotgrade period on Saturday
Flash G: $AAPL chart repairing
Curt M: Agreement is powerful.
Flash G: $NFLX chart repairing
Flash G: I think you guys hit it on the head. Next week could be very big.
Curt M: 10:03 Off mic – no momo plays – scanning – will do chart review at 12:00 EST – 1:00 EST in preparation for next week >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Hedgehog Trader: Curt, one of my forecasts on $IWC microcap index shows a very high magnitude one month move after Apr 17th

Curt M: Nice
Hedgehog Trader: so my guess is we see pressure relieved and a huge rally
Curt M: Lets review charts over lunch if you can (any you like) for next week set-ups. List them here if you got em everyone.
Curt M: Hedge is on it:)
MarketMaven: GOOD I need some momos
Hedgehog Trader: what may surprise some is that i do think the miners will also rally
Optionsavvy: out QQQ .44 2nd half from .12 +266%
MarketMaven: Banka!
MarketMaven: haha congrats savvy!
Optionsavvy: 🙂 my day is done. will look for setups for you guys though
Hedgehog Trader: very savvy Savvy!
Curt M: Nice way to cap the week Scott
Optionsavvy: ty ty
Curt M: Look at $XLNX bull power
Optionsavvy: ENTL on scan
Optionsavvy: prob more of a reversal / swing 1-2 weeks
Optionsavvy: these gold names still all over my scans
Optionsavvy: TRX candian miner coiled up off lows
Optionsavvy: Canadian even
Hedgehog Trader: $THM
Optionsavvy: eyeing IWM short but going to be a small pos
Optionsavvy: missed it
Flash G: I took the entry on $XLNX – looks good
MarketMaven: haha they’re going to run the china plays
MarketMaven: all over the scanner
lenny: $RTTR is going to rip in to next week – adding here
Flash G: Every tech name I follow is repairing or about to rip as you say.
Optionsavvy: saw a few china plays on my scan this morning Maven. I discard them because I dont trade them but let me see whats on there
MarketMaven: 🙂
Optionsavvy: JMEI not bad
Optionsavvy: http://www.finviz.com/screener.ashx?v=211&f=geo_china,sh_avgvol_o50,sh_price_u15,sh_relvol_o1.5,ta_perf_dup&ft=4
MarketMaven: I know theyre all junk
MarketMaven: sometimes i will just scalp em
Flash G: $SHOP break out likely to hold IMO
MarketMaven: Careful with $ZENO
Flash G: Curt, $SPY may turn up here – its possible.
Flash G: If it does that may be the trigger for the buys for next week instead of waiting until EOD.
Curt M: I think I’ll wait – but it looks decent.
Curt M: Its got the 20 MA up through the 200 on the 3 there
Curt M: SQZMOM not confirming
Optionsavvy: SPY at hard res 234.35 imo
Curt M: agree
Optionsavvy: next res above have marked is 234.15
Optionsavvy: oops 235.15
Curt M: yup
Optionsavvy: SPY trying
Curt M: there was a decent block there just now
Optionsavvy: mkts going to run now. my QQQ is HUGE now oops
Optionsavvy: DOW might get a bump here next major res 20745
Flash G: All my charts repaired in Tech and some on DOW too now.
Optionsavvy: move failing. may try some IWM puts now
Sammy T: $URRE tape coming alive
Optionsavvy: that auto loan default comment on your feed sounded a LOT like what they were saying in 05-07 about housing. its an asset and has a tangible value. think we all know how that worked out
Sammy T: yes
Flash G: Doesn’t look good the autos. Canadian housing prices too.
Flash G: Toronto and Vancouver.
Flash G: $GOOGLE strong now
Optionsavvy: cyclical trade would be short GM and F . auto values will collapse and noone buying anything
Flash G: $SPY still might take off from here.
Flash G: 50 MA about to cross up through 100 on the 3 there you never know
Optionsavvy: imo DOW would have to get moving for anything meaningful to happen today
Flash G: Thats a fact
Optionsavvy: starting to look like I’m heading to golf course early 🙂
Flash G: Well enjoy! I will be in the scotch at 1PM for an early tip.
Optionsavvy: this AXSM is setup nicely. got long it early in the week but might cut it loose if it doesnt wake up soon
MarketMaven: haha I’d like to see you take a puff Flash
MarketMaven: that would be funny
lenny: $CERU hit scan
lenny: $ESEAS gets a buy rating
lenny: $CNBX adding here
Optionsavvy: ok stepping away for a bit. stop back later GL all
Curt M: k
Flash G: Going for lunch
MarketMaven: Me too
Curt M: Theres not enough juice in the market to do chart reviews today so I am setting that off to first day back next week.
Sammy T: I agree.
Flash G: Thats good because I want out early I think.
Flash G: Still convinced SPY take off soon.

Sammy T: on lunch
Curt M: $USRM 5MM Funding news
Hedgehog Trader: $THM volume picking up (Alaskan goldie like $NAK)
Hedgehog Trader: i wonder if $LIT fills the gap before the next run begins
Flash G: Like $LIT
Hedgehog Trader: platinum trading at a good discount to gold $PPLT
Hedgehog Trader: miner $PLG a nice entry
Sammy T: so slow
Flash G: $TSLA
lenny: Curt – your $LIGA call hit.
MarketMaven: yup thats a good one – still in
Curt M: yepp
lenny: BLDP HOD
lenny: $CBIS +35%
Flash G: $TSLA the start f the ramp imo. Then $GOOGL and the others between close now and Monday EOD and all repaired.
Flash G: my theory
Hedgehog Trader: folks look at that MJ breathalyzer play i mentioned yesterday $BLOZF
Hedgehog Trader: volume increasing and a spike earlier
Hedgehog Trader: going to really run
Curt M: Looked at it last night
Curt M: Its bullish
Sammy T: ya nice chart
Flash G: I kept chearing for it but no luck today:) $SPY
MarketMaven: Positive man. Who knows maybe Monday if more bombs don’t go off.
Hedgehog Trader: Venus retrograde ends Saturday, so i expect hostilities to wind down
Sammy T: awesome
Hedgehog Trader: yeah it’s been going on 6 weeks so i think we’ll start to see better business news and improved foreign relations, translating into a big mkt rally as a sigh of relief
Hedgehog Trader: is exhaled
Curt M: Thats what I’m expecting Nich. Tough day to get grip. I did lots of swing trade babysitting but no daytrading.
Hedgehog Trader: yeah a good day to sit on the deck with a drink
gary y: I like this chat better than the tradinview one lol

Curt M: haha
Curt M: a lot of chatter
gary y: they’re all over the place
Flash G: Was going to say.
Shafique: I should jump in an rattle their chat once in a while.
Shafique: actionable is better
Hedgehog Trader: mmmm chocolate cake
Sandeep: Speaking of action… I took your $LIGA call Curt – like it a lot and I like $BLOZF thanks Nich
Hedgehog Trader: cool Sandeep, it’s been showing great relative strength BLOZF
Hedgehog Trader: vs sector
Hedgehog Trader: plus, it’s essentially a technology play with little risk regarding actual MJ
Sandeep: great
Sandeep: actionable is better too I agree
Sandeep: as the chat grows try and keep it that way
Curt M: yes
Curt M: in slow times I’ll feature chat rooms from around the world on the monitor lol for laughs
Curt M: but actionable I agree is the nly way when you’re in it to win it
Hedgehog Trader: emerging mkts are also strong i love $GREK
Hedgehog Trader: it completed a long 4-5 year bear mkt and has been consolidating since
Hedgehog Trader: but it’s been edging higher and is set to break out
Hedgehog Trader: you’ll never see a CNBC special on buying Greece guaranteed lol
Curt M: ha
Hedgehog Trader: i imagine we’ll see Gartman shorting the entire world by week’s end
Hedgehog Trader: long term charts of $GREK and $NBGGY look ready to do some serious rampaging
Hedgehog Trader: $THM major volume
Hedgehog Trader: now over 50 dma
Hedgehog Trader: mentioned it yesterday
Curt M: $IMGN one of the only good looking charts from the leaders today IMO
Curt M: even that isn’t great
lenny: $RTRR for Monday
eddie: off to buy eggs:) see ya mon
Curt M: cya eddie good to have ya back
Hedgehog Trader: ciao Eddie
Curt M: Well theyre going to leave $SPY on the pivot:)
Curt M: cya monday folks have a great easter
MarketMaven: bye bye
Hedgehog Trader: bye MM gary Curt
gary y: see you later

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

Follow our lead trader on Twitter:

Article Topics: $OCRX, $EYES, $NVET, $CALI, $USOIL, $WTI, $DWT, $GLD, $XIV, $VIX – $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


Compound Trading Thursday April 6, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading and Live Stock Alerts. $AKTX, $HTGM, $DVN, $SXE $OIH $CHK, $USOIL, $WTIC, $GLD  – $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI etc 

Intro:

Compound Trading is trading group involved with day trading, swing  trading and algorithmic model chart trading.

Time stamped entries (in permanent archive) copied to this blog are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at. At times guest traders and associate  traders will screen share charting and/or voice broadcast.

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

Notices:

New lead trader blogpostWhen You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.

Big Changes: Even though we post my trades and trading room transcript and video daily (which has been a massive time investment) as of now we are posting intra-day small videos to our Twitter feed and YouTube – every trade as they happen. Each will have details of setup and reasoning for each trade. We will still post complete trading room session to Youtube also.

If you missed it, here is the Previous Day Stock Trading Results Wednesday April 5 (public):

Premarket Trading Plan – Watchlist (member) for Thursday April 6 session can be found here:

 

Swing Trading Simple Charts (Public Edition) Apr 2 $SPY, $VIX, $USOIL $WTIC, $GLD, $GDX, $SLV, $DXY, $USDJPY

Swing Trading Newsletter (member) is Published:

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

Premarket watch-list for me was all about: 

PreMarket Trading Plan Thurs Apr 6 $NVFY, $TENX, $SCON, $AKTX, $XIV, $USRM, $GLD, $GDX, $USOIL, $WTIC #premarket #trading

In play today in chat room and on markets:

 

$CLNT, $GSN, $HTGM were the momentum plays on the day.

Stocks, ETN’s, ETF’s I am holding:

I am holding (in order of sizing – all moderately small size to micro sizing) – $DVN, $DUST, $ONTX, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so. I am now 95% cash in daytrading account.

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
CLNT 6.72 129.35% 4614523 Top Gainers
GBSN 0.01 45.83% 571262121 Top Gainers
HTGM 7.24 31.64% 12063939 Top Gainers
NVFY 1.98 27.74% 14680098 Top Gainers
HOFT 39.30 24.96% 299900 Top Gainers
AKTX 14.60 24.79% 6637104 Top Gainers
CLNT 6.72 129.35% 4614523 New High
DSX 5.28 7.32% 1564000 New High
CLCT 28.69 10.13% 75257 New High
SXE 4.11 0.74% 746000 New High
AKTX 14.60 24.79% 6637104 Overbought
NORD 27.49 0.81% 121600 Overbought
CLNT 6.72 129.35% 4614523 Unusual Volume
XELB 3.06 19.80% 937400 Unusual Volume
NVFY 1.98 27.74% 14680098 Unusual Volume
LLSC 30.58 -2.41% 11000 Unusual Volume
ABMD 125.54 1.73% 278644 Upgrades
BCOM 20.01 0.05% 400 Earnings Before
ED 78.33 -0.25% 1010500 Insider Buying

The Markets Looking Forward:

We have been warning folks (as a result of algorithm anomalies picked up) for sometime about significant resistance not far above in Oil and SPY so it will be interesting to see if we get through it. Here’s just some of the posts. The oil resistance cluster is much larger than the one identified on $SPY.

Algorithmic Chart Model Trading / News:

Epic the Oil Algo was at it again with a crazy price target hit to the penny and exact time at Wednesday #EIA report time at 10:30 AM. That call was made Sunday for that exact time and price Wednesday and what made it more interesting was how oil literally fell from the sky and landed right in the middle of the target. We caught it on video.

#EIA Price hit target exact time & price called Tues 10:30. Crude algo. $USOIL $WTIC $CL_F $USO $UWT $DWT #OOTT

We reviewed Rosie the Gold Algo charting in the room recently and posted the video to YouTube:

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:

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

On Thursday we reviewed a number of swing trading set-ups in the room and published video snippets of each to YouTube, you will find some examples below and refer to our YouTube Channel for the others (many will be uploaded through the weekend);

$SXE South Cross Energy Partners Chart Review

$OIH VanEck Vectors Oil Services ETF Chart Review

$CHK Chesapeake Energy Chart Review

Intraday Energy Updates $USOIL $WTI $DVN $REI etc.

Simple swing charting that keeps me level when looking at the markets (examples below). Simple charting I find grounds you to simple trades which in turn keeps you profitable in toppy or sideways markets.

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

NA

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

Silver $SLV:

Crude Oil $USOIL $WTI:

EPIC the Oil Algo Killing it as usual:

Price hit target centre exact time and price called for Tues 10:30. Crude algo. FX $USOIL $WTIC #OIL $CL_F $USO $UCO $SCO $UWT $DWT #OOTT

Volatility $VIX:

$SPY S&P 500:

$NG_F Natural Gas:

NA

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

2 Part video (Part 1 embed below go to our Youtube channel for Part 2)

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.

Sartaj: Good morning, everyone
linda: moning
Curt M: Protected: PreMarket Trading Plan Thurs Apr 6 $NVFY, $TENX, $SCON, $AKTX, $XIV, $USRM, $GLD, $GDX, $USOIL, $WTIC LINK: https://compoundtrading.com/premarket-trading-plan-thurs-apr-6-nvfy-tenx-scon-aktx-xiv-usrm-gld-gdx-usoil-wtic / PASSWORD: PRE040617 Link for Live Trading Room https://compoundtrading.clickmeeting.com/livetrading
Curt M: Morning!
Leanne: good morning
Sartaj: Welcome back
Curt M: On Mic at 9:27 for open>>>>>>>>>>>>>
Curt M: Caution flags everywhere
Curt M: On mic >>>>>>>>>>>>>>>>
Curt M: $AKTX 14.22 1000 long
Curt M: $AKTX add 14.68 1000
Curt M: Out 14.90 2000 shares

Curt M: small win
Shafique: nce I still hold
Curt M: Off mic >>>>>>>>>>>>>>>>>>
Sartaj: Great lessons there
Curt M: If you’re in this stoch RSI is very near top
Flash G: yes i agree
Curt M: Watching for $AKTX at VWAP for wash out play
Sartaj: Welcome, Hedgehog and Mat
Hedgehog Trader: hey morning
Hedgehog Trader: $URRE news
Hedgehog Trader: and perk
Curt Melonopoly: http://finance.yahoo.com/news/uranium-resources-announces-positive-geophysical-223703912.html?.tsrc=rss
Curt M: $NVFY over 3 is interesting if it happens
Hedgehog Trader: $FCEL Curt
Curt M: $NVAX got wacked today
Curt M: $FCEL up 4.83% nice
Curt M: It’s range bound now .08 range… for now
Curt M: $FCEl looks like bottom might be in on daily
Hedgehog Trader: $NAK holding 200 dma
Hedgehog Trader: i get turns on a lot of these stocks around apr 6-7
Sartaj: In case you’re new to technical analysis and algos in general… some great reading om time series: https://algobeans.com/2017/04/04/laymans-tutorial-time-series-analysis/
Leanne: AlgoBeans! Thanks Sartaj
Curt M: $DVN $SXE $REI – chart bot on daily on $DVN signalled
Curt M: Right under 200 MA
gary y: $DVN call sweeps just now
Curt M: interesting
Curt M: nice chart
optionsavvy: gm all
Sartaj: Good morning
optionsavvy: eyeballing another short today IWM will prob be my pick
Curt M: morning savvy
Curt M: watching $USOIL $WTI $DVN $REI $SXE
Curt M: Thinking a long here on $DVN
Curt M: On mic >>>>>>>>>>>>>>>>
mathew: large call buying in DVN this AM. Im still long SWN, that space should keep on heading north
Curt M: 1000 $DVN LONG
Curt M: 42.623 1000 SHARES $DVN

Curt M: off mic until swing trade reviews over lunch hour EST >>>>>>>>>
Curt M: Likely start before lunch we’ll see
Curt M: Over 4.50 $SXR I may take a long
Curt M: Wow look at that colume on $DVN
Leanne: off to day job, back for swings
Curt M: Over .17 I’ll scale in 50000 $ATTBF
Curt M: cya
MarketMaven: I like that one .
Curt M: My $SSH swing got some juice
Curt M: $ATTBF sitting at .1699 lolol forever
Curt M: Back on mic 11:50 EST for swings cathcya then
Sartaj: Do OTC stocks tend to take awhile to get juice?
Sartaj: Okay, be right back. Coffee break
Curt M: OTC can be very volatile
Sartaj: Right
Curt M: yup
Hedgehog Trader: once again $LTBR smoking- remember i said watch for big move around apr 6
Hedgehog Trader: heading to 200 dma soon
gary y: I’m up 34% in it Nich and gonna hold
Hedgehog Trader: sweet
optionsavvy: IWM starter short set to go at 134.88
Curt M: Over 1743 I am going to scale in 50000 $ATTBF OTC
Hedgehog Trader: i also got an upturn for $FNMA around apr 6-7 and look at the chart turning up
optionsavvy: EVLT new IPO today. being received well. on watch for accum
Curt M: Just getting a list ready. Will review swings 12 – 1 EST
Curt M: Markets look pretty calm – good time to review some charts. Unless oil takes off.
Curt M: On mic in 1 min>>>>>>>>>>>>>>
Curt M: $DVN Swing Trade Review Complete >>>>>>

optionsavvy: still holding IWM short order not seeing it yet
Curt M: Review $CHK in 1 min on mic >>>>>>>>>
Leanne: THanks Curtis, this is really helpful
optionsavvy: I’m going to start putting all these symbols on my charts so I look smart 🙂 \
Curt M: On mic with $CHK swing trade review >>>>>>>>>>>>>>>
Curt M: lol
Curt M: u don’t need it to look smart you just are lol
optionsavvy: ha ha you have me confused with someone else
optionsavvy: ESES chart on my watch if oil stays up then I think this one explodes
Curt M: Completed $CHK Swing Trade Review >>>>>>
optionsavvy: sorry volume off so I didnt hear. heading out for the day GL all
Sartaj: Video on youtube
Sartaj: https://youtu.be/B8hWcd82AX4
Curt M: On mic for $ESES chart review >>>>>>>>>>>>>>>>>>>>
Sartaj: Have a good one
Curt M: Off mic completed $ESES trade / swing review >>>>>>>>>>>>>>>>
Curt M: On mic for $OIH swing trade review >>>>>>>>>>>>>>>
Curt M: Completed swing trade review of $OIH off mic and back in a min >>>>>>>>>
Curt M: On mic for final swing trade review (unless afternoon session is boring) $SXE Swing Trading Review
Curt M: Off mic completed $SXE Southcross Energy Partners>>>>>>>>>>>>>>>
Curt M: Going to take a look arouond the markets and see whats shaking and then decide if we should do anymore Sartaj.
Sartaj: Sounds good
Flash G: Thanks Curt!
Curt M: Oils getting jiggy 🙂
Sartaj: For the extra keen, and wondering why these shapes appear on our algo models: http://ieeexplore.ieee.org/document/934422/?reload=true
Sartaj: PhD optional, maybe order some sushi
Sartaj: Hello, Bernard
Curt M: On mic
Curt M: Long 7.16 5000 $HTGM
Curt M: Stop at 7.16
Curt M: Add over 7.38
Hedgehog Trader: nice curt
Curt M: 🙂
Curt M: Long 5000 add $HTGM 7.46
Curt M: 5000 stopped 7.39
Curt M: 5000 stopped 7.34
Curt M: Recap in 5000 7.16 add 5000 7.46 avg 7.31 then out 7.39 half 7.34 half avg 7.362 or .5 on 10000 or 500.00 profit approx. Darn it.

Curt M: On mic >>>>>>>>>>>>>
Curt M: Looking at $HTGM stock RSI new entry
Curt M: Fill 7.26 long $HTGM tight long
Curt M: Tight stop on fill 7.26 and looking for add over 7.48
Curt M: Tight range ugh Fill 7.26 long $HTGM tight long 5000. Tight stop on fill 7.26 and looking for add over 7.48
Curt M: Stop 7.39
Curt M: Out 7.39
Curt M: Recap in 7.26 5000 out 7.39 .13 650.00 $HTGM
MarketMaven: slicing it up haha
Curt M: HOD $HTGM test stoch RSI is maxed MACD curl
Sartaj: Long 7.77, 5000 shares, $HTGM
Curt M: Stopped at 7.90 5000 shares out
Leanne: too fast for me
Leanne: i need to sign up with interactive brokers before I can try
Sartaj: I’ll have to piece it together post-market
Leanne: Canadian bank, very very slow to execute

Leanne: I just want a broker where I can get in and out faster
Curt M: Ya interactive
Curt M: IB is the one for you
Sartaj: Canadian banks are still on mainframes
Sartaj: Bernard probably knows a lot more about that
Leanne: Thanks guys, have to leave again… see you all tmr. Learning day by day
Sartaj: See you, Leanne
gary y: IB is inexpensive but platform takes time to learn
Curt M: interesting
Curt M: I was going to set up an account with them and try it.
Curt M: Well I chipped a day out of it anyway.
Flash G: That was fun to watch. My swingtrading as you know allows me to put my legs up and have a glass of scotch and watch the birds intra-day 🙂
MarketMaven: I caught some of the scalps.
MarketMaven: Lenny’s quiet.
MarketMaven: Whole market quiet.
gary y: Any active trader should give them a try Curt
gary y: Hard to short smaller caps though
Curt M: Ya everyone tells me too
Curt M: Truth told I don’t short much because I have to think negatively lol – seriously thats why I never did. But slowly doing more.
Curt M: $CLNT sure got lift I was watching it on another monitor but so late in day ugh
MarketMaven: sorry should have alerted it
Curt M: all good i was on it but didn’t think it would do this
Curt M: It’s killing short
Leanne: Made it back for last 3 minutes!
Curt M: lol good nite
MarketMaven: bye bye all
gary y: Thanks Curt
Flash G: ok TY
Curt M: you bet cya

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

Follow our lead trader on Twitter:

Article Topics: $AKTX, $HTGM, $DVN, $SXE $OIH $CHK, $USOIL, $WTIC, $GLD – $XOM, $NE, $ONTX, $DUST, $TRCH, $LGCY, $SSH, $ASM – $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