Tag: USD
Premarket Note: Iran, Trump, Oil, #OOTT, $CLF, Swing Trade Positions, Machine Trade Update, EIA, US Dollar and more.
Premarket Commentary: It’s Going to be a Busy Day in the Markets.
Iran, Trump, Oil, #OOTT, $CLF, Swing Trade Positions, Machine Trade Update, EIA
Morning traders!
As noted a number of times, we expect an intra-week time cycle inflection here (between last evening and end of Thursday). It seems the bulls in various markets agree in premarket.
Reporting tonight will be focused on swing trades in play and alerts reviews, how to structure the trades going forward and Profit and Loss Statement Reviews for Swing Trading Service.
Saber rattling with Iran has begun, oil is on high watch here, also EIA at 10:30 AM today.
Donald J. Trump
@realDonaldTrump
I have instructed the United States Navy to shoot down and destroy any and all Iranian gunboats if they harass our ships at sea.
8:08 AM · Apr 22, 2020
I have instructed the United States Navy to shoot down and destroy any and all Iranian gunboats if they harass our ships at sea.
— Donald J. Trump (@realDonaldTrump) April 22, 2020
EPIC V3.1.1 crude oil machine trade software was launched last night, it was an upgrade to execute short term swing trades short in crash scenarios (basically piling on during a crash).
Notes below from the oil trading room:
Curt MelonopolyYesterday at 2:15 PM
@Jeremy i guess we should consider a blow-up protocol update sooner than later take advantage of the party
JeremyYesterday at 2:15 PM
:thumbsup:
Curt MelonopolyYesterday at 2:17 PM
if they hold this it may not blow up considering possible time cycle intra-week
JeremyYesterday at 2:19 PM
i will retrieve exchane data set on negative price protocols
exchange
Curt MelonopolyYesterday at 2:19 PM
k
mind trip the possibilities in negative
JeremyYesterday at 2:20 PM
pending protocols
EPIC V3.1.1 oil machine trading software started firing trades this morning alerting them to the oil trading room, which means order flow is turning positive for bulls fyi
EPIC V3.1.1 carvin' profits machine style on that article put out earlier (unlocked) for intra-day crude oil trade set-up #OOTT $CL_F $USO $USOIL $UCO $SCO #premarket https://t.co/HcDmpGFUt1 pic.twitter.com/kdtOx8Ot39
— Melonopoly (@curtmelonopoly) April 22, 2020
Google is updating to first page on search results the EPIC Oil Algorithm Twitter feed, this is big news and more on this in a separate article.
Google instantly updates page 1 now when EPIC tweets. Nice relationship EPIC and Google got goin'🙏Google knows. #OOTT $CL_F $USO #oiltradealerts pic.twitter.com/gN5rzcb3cW
— Melonopoly (@curtmelonopoly) April 22, 2020
Article I wrote last night on US Dollar strength, very important for swing trading and investing bias, more on this in swing trading articles around theme plays in this time cycle.
How to Swing Trade Time-Cycles (Unlocked PT #3): Theme Trading Strategies – How the US Dollar Should Bias Trade Positioning. $USD/CAD $DXY #swingtrading #FX
How to Swing Trade Time-Cycles (Unlocked PT #3): Theme Trading Strategies – How the US Dollar Should Bias Trade Positioning. $USD/CAD $DXY #swingtrading #FXhttps://t.co/VGulM6XNK0
— Swing Trading (@swingtrading_ct) April 22, 2020
This Thread Shows the Important of Time Cycles in Trading, A Real Time Example of Oil Trade, also article expands on it a bit.
This thread shows live oil trade alerts from the oil trading room this morning (Discord) and how the algorithmic charting and time cycles provide an edge for oil traders.
A real-time example of how time-cycles work in crude oil trade
#OOTT $CL_F $USO $USOIL #timecycles Down pointing backhand index
A real-time example of how time-cycles work in crude oil trade 🎯🔥🏹#OOTT $CL_F $USO $USOIL #timecycles 👇
— Melonopoly (@curtmelonopoly) April 22, 2020
I will be on mic in trading room for any trading today in live trading room and EIA.
Good luck out there!
Curt
Other social posts and news articles of interest:
Most Volatile Years in Stock Market History:
Just 76 days into 2020 (x-axis), Stocks have already moved >1% for a massive 42 days (y-axis).
Only 15 years ever reached such intense Volatility – ALL of them remained extremely violent to the very end. Stay nimble.$ES_F $SPX $SPY pic.twitter.com/L77xdVfBrH
— Macro Charts (@MacroCharts) April 22, 2020
A big question facing policymakers in #EmergingMarkets, as well as #investors, is how far can countries go in using the advanced world's playbook to mitigate economic damage from #Covid19 (particularly middle income economies).#Turkey and its #fx are important to watch here.@FT pic.twitter.com/FBHor4hHjz
— Mohamed A. El-Erian (@elerianm) April 22, 2020
Article Topics; Premarket, crude oil, Iran, EPIC V3, machine trading, oil trading, swing trading, live trading room, time cycles.
How to Trade US Dollar Index (DXY) Large Time Cycle in to Week of August 5 #USD $DXY $UUP #tradealerts #swingtrading
Trading Strategy for US Dollar Trade Alert Issued This Morning in Premarket for the Swing Trade Positioning in to Week of August 5, 2019 Time Cycle.
This a very important trading opportunity not just for the US Dollar, but many other instruments of trade on the equity, commodity and currency markets are affected by the price of the US Dollar. Below is your complete trading strategy for the time cycle peak coming in the Dollar.
On public facing Twitter feeds the alert reads;
“Member Alert: Large US Dollar Index (DXY) time cycle week of Aug 5, 2019 (extends 7 trading days either side). Trade Set Up detail to your email in today’s premarket. #timecycles $DXY $UUP #USD #SwingTrading”
Member Alert: Large US Dollar Index (DXY) time cycle week of Aug 5, 2019 (extends 7 trading days either side). Trade Set Up detail to your email in today's premarket. #timecycles $DXY $UUP #USD #SwingTrading
— Melonopoly (@curtmelonopoly) August 1, 2019
On the private member alert feed the alert reads;
“US Dollar Index (DXY) Long trade likely to turn short other side of Aug 5 week, watch for report with all signals $DXY $UUP #swingtrade #USD”
https://twitter.com/SwingAlerts_CT/status/1156872463273402369
Below is the chart and link for the US Dollar (DXY) time cycle alert;
US Dollar Index (DXY) Long trade likely to turn short other side of Aug 5 week, watch for report with all signals $DXY $UUP #swingtrade #USD
How to Trade the US Dollar (DXY) Time Cycle Peak.
The trading strategy for the US Dollar Index is simple if you use the model chart provided above.
In early 2018 we had alerted that the US Dollar was divergent to the downside and that a run in the dollar was imminent. The US Dollar traded up since that time from sub 90.00 to currently trading at 99.91.
When the US Dollar traded higher (after our alerts) it then reached the area of the main pivot (shown on chart above with horizontal red dotted line). The Dollar then traded around that pivot for some time. The trading pivot is important in your trading plan.
Simple Chart Symmetry and Price Targeting (price extensions) for this time cycle says to measure from the recent lows (trading just under 90.00) to the pivot area of 96.64 (about 7.00) and add the 7.00 approximately to 96.64 and you get about 103.50 ish. There are different ways to measure this – you can take the hard and fast support and resistance lines on the chart and measure from there or use exactly what price action said. In other words, the chart says support was 90.00, but the Dollar traded under 90.00 before it turned back up and got bullish. Depending on how you use those numbers this then determines your extension to the top. Lets call it 103.50 and use that for this example for your trading strategy.
The charting says the time cycle peak is the weak of Aug 5, 2019. This is a large time cycle so you have to allow for a week or so either side of the weak of the peak. Coming out of the other side of that peak the trade action (trading trajectory) will be key. You will either see a continuation of the current bullish trend or a turn to the bearish trade side. Probability says the price of the US Dollar will turn down. However, this is not always the case.
The chart says that 102.92 is your peak resistance price, but this can be extended up some for two reasons. One reason is the price extension you may measure from the previous lows, in this instance you would see the Dollar trade in to the 103s or 104s before turning. The other reason for a price higher than 102.92 is a simple over trade extension that happens at large time cycle tops and bottoms in trade – an over exaggerated move.
If the trade trajectory continues bullish then you simply extend the price up one structure above the current area of trade (see chart below). This is an unlikely scenario but it may occur. This bullish run would then peak in to the week of March 30, 2020 (this can change as we come near to the date, watch for charting updates). The price target in this scenario is 109.30 for March 30, 2020.
US Dollar Index (DXY) Bullish trading strategy for 109s in to Mar 30 2020 $DXY $UUP #swingtrade #USD
The Bear scenario to short the US Dollar is more likely, below is your trading strategy.
As noted above, simply wait for the week of August 5, 2019 and watch trade the week on the other side. Watch the key resistance areas on the chart. Early on in to the time cycle start to size your trade and continue sizing the trade (in my case it will be short $UUP likely) and then start to take profit at each support on the way back down as the US Dollar trades lower in to March 30 of 2020.
It is important to get your full size in early enough but not too early so you get caught on the wrong side.
If you need help with the trade let me know.
Watch the chart resistance close as we trade the markets over the coming few weeks, watch the apex of the quad the US Dollar is trading in currently on the chart. Watch for the inflection points. You can also bring your time down to a daily or 4 hour chart to get a better feel for what trade is doing.
Also, be sure to watch our trade alerts on our alert feeds and in live trading room. If you need some coaching go to our website and register for a minimum 3 hours.
Email me as needed [email protected].
Thanks,
Curt
Other Reading:
US Dollar Index on Market Watch https://www.marketwatch.com/investing/index/dxy
Dollar hits two-year high after Federal Reserve cuts interest rates by a quarter point as expected https://cnb.cx/2MsfQn1
Recent Swing Trade and Day Trading Reports (charts can be brought down to Day Trading time frame):
Master Trading Profit & Loss Statement (Most Recent – Updated Regularly – Check Blog for Updates):
Recent Daily Trading Profit & Loss Reports:
Trading Profit & Loss Report (Trades, Alerts) for July 8 $AMD, $BTC, $XBT_F, $CL_F, $USO
Trading Profit & Loss Report (Trades, Alerts) for July 3 $AMD, $BTC, $XBT_F, $WTI, $CL_F, $USO
Daily Trading Profit & Loss (Alerts) Report: July 2, 2019 $AMD, $BTC, $XBT_F, $WTI, $CL_F, $USO
Recent Premarket Notes (published as time allows, what we’re up to with our trading):
Premarket Notes July 31, 2019: FOMC, EIA, #OOTT, $USO, $NOV, $TREX, $CHEGG, $TSLA, $AMD …
Company News:
SOVORON™ Selects Compound Trading Group Machine Learning Data | Media Release
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Article Topics: US Dollar, USD, Trading, Strategy, Charts, Algorithm, Currencies, Alerts, $DXY, Swing Trade, $UUP, time cycles
PreMarket Trading Report Mon Nov 26: Equities Bounce, SPY, Oil Bounce, WTI, Volatility, USD, Time-Cycles, Trump Xi, Draghi, FOMC …
Compound Trading Premarket Trading Plan (Trade Alerts, Stock Market News & Chart Set-Ups) Monday November 26, 2018.
In this premarket trading edition: Equities Bounce, SPY, Oil Bounce, WTI, Volatility, USD, Time-Cycles, Trump Xi, Draghi, FOMC, $ABIL, $NVAX, $JKS, $CTK, $ACRX, $ANY, $PLT, $TSRO, $CHS and more.
Welcome to the morning Wall Street trading day session at Compound Trading Group.
Notices:
Notes in red text in this report are more recently important.
Scheduled Events / Platform Development / Team Work in Progress:
- Nov 26 – Lead trader in attendance to live trading room at market open, mid day review and as required through the day and in futures trading.
- Jen (office)Yesterday at 6:08 PM
This week: Curtis, Jeremy (Sr. machine tech) and Katie (new machine tech) will be monitoring machine trades in oil on rotation near 24 hours a day (and going fwd). When trades are active the live trading room will be opened for EPIC and trading room members. During low liquidity hours trades will be nominal and more frequent in higher liquidity hours through each week. The first generation of the software is complete. There will be continuous updates. A rules based machine trade protocol will be published soon for members. The next to be coded is Bitcoin then SPY. Member reports are being processed now for the week also. Thank you — Jen. - Trade Coaching Boot Camp Cabarete Nov 30 – Dec 2, 2018 Winter Sessions Sell Out Fast (it is warm here after-all) so act fast if you plan to be here with us! https://compoundtrading.com/trade-coaching-boot-camp-cabarete-nov-30-dec-2-2018/.
- Team Work in Progress:
- Rules based machine trading protocol for oil to be published soon.
- Machine trading signals to be fed in to main trading room (initially manually then auto when api integration complete).
- New pricing to be published representing next generation algorithm models (existing members no change).
- Next generation algorithm models roll out (machine trading Gen 1).
- Trading Profit and Loss to be Published for Q1, Q2, Q3 2018 (a report detailing trading / alert performance of our team).
- Previously recorded Trading Boot Camp Event videos to become available on Compound Trading website.
- Previously recorded Master Class Videos will become available for download on website.
- New Trading Boot Camp Events to be announced
- 1 day Bootcamps in November / December 2019 for each of the seven trading models and swing / daytrading – 8 in total to be announced (online only).
- Sept 18 – Raw Trading Boot Camp Videos were emailed to members (new members inquire for copy).
- Sept 18 – Previously recorded Master Class Series were emailed to members (new members inquire for copy).
Premarket Report: Per lead trader availability basis only (the pre-market reports are not published every market day – they are a way for our team to communicate with our member clients and update market conditions when time allows).
Private Member Discord Server Chat Rooms: BE SURE to get in to each private Discord server specific to your specific subscription type (bundles) – many of the updates as we go forward will be posted in there and detailed trading plans for alerted trades are often discussed by our lead trader in the rooms. This includes the SWING TRADING platform also. IF YOU NEED A LINK / INVITE email us.
https://twitter.com/CompoundTrading/status/880670140454637569
Real-time Trade Alerts:
Real-time Trade Alerts for Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds.
Oil Trading Alerts, Swing Trading Alerts, Day Trading Alerts, Bitcoin Trading Alerts.
Disclaimer / Disclosure, Terms of Use:
Blog / Video / Social Posts / Learn to Trade:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
https://twitter.com/CompoundTrading/status/927397024315662336
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
https://twitter.com/CompoundTrading/status/889148655785177088
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
https://twitter.com/CompoundTrading/status/889147527278333952
Some Recent Chart / Trade Set-Up Reports:
See YouTube, member email direct reports and blog for other recent videos or blog posts. Listed from most recent. Much of the premium member reporting posted below is delayed and may or may not require password.
Oct 28 – Crude Oil Trading Strategy | Technical Analysis & Guidance.
Oct 23 – Crude Oil Trading Strategy: Career Trade Set-Up. Technical Analysis Trading Room w/ Video.
Oct 20 – Crude Oil Algorithmic Trading: A Simple Strategy That Wins – Real Life Example.
Oct 17 – Daytrading Crude Oil: Buy Sell Signals Strategy for Intra-day Sell Off Reversal.
Oct 15 – Crude Oil Trading Strategies: This Is It. How To Trade Crude Oil’s Next Move.
Oct 8 – Crude Oil Trading Strategy – How I Will be Trading Oil in to Time Cycles.
Oct 7 – How I Will Be Trading Bitcoin in to Increased Volatility (We Expect) Next Two Quarters.
Oct 4 – Day Trading: Trading Momentum Stocks With A Catalyst Using Technical Analysis. Case Example $ROKU.
Oct 2 – Swing Trading Alerts (w / video) VIX, Gold, Silver, Tesla $TSLA, $LEVB, $BTC, $EDIT, $PYX and more.
Oct 3 – Oil Trading Room – Oil Trading Signals with Lead Trader (plus video).
Sept 25 – Crude Oil Trading Room – Member Oil Trade Signals / Alerts for Trading the EIA Report (w/ video)
Recent Educational Articles / Videos:
I get a lot of Questions on How to Trade our Structured Chart Models, this video has 5 min starter explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fibonacci Trend-lines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
Trading Plan / Watch Lists. Morning Momentum / Gaps / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
Watching time-cycle expiry / inflection for a direction in to next late Dec and then late Dec in to first quarter time cycle 2019.
Nov 26 – A lot happening this week. DXY USD still in bullish formation, Draghi testifies at 9:00 MM EST, USA GDP, Fed – FOMC meeting minutes, and Trump / Xi meet on trade later this week.
Should have shorted NatGas last week as I thought DGAZ up 28% premarket.
Per previous;
Nov 21 – Looking at possible retrace to .5 on oil (per last move), possible short in Natural Gas (DGAZ) and watching equities very close for supports to bounce and hold.
If you’re a newbie…. now is not the time to turn off…. now is the time to get in to your $STUDY sharpen your pencil and get to work. You’ll learn a lot and you’ll possibly catch a turn and change your financial life soon. You won’t get many opportunities like this. #premarket
If you're a newbie…. now is not the time to turn off…. now is the time to get in to your $STUDY sharpen your pencil and get to work. You'll learn a lot and you'll possibly catch a turn and change your financial life soon. You won't get many opportunities like this. #premarket
— Melonopoly (@curtmelonopoly) November 20, 2018
Time cycle dates expiring in markets for big moves…. started end of July, next Oct 10, Nov 11, mid Dec big in to Q1 19. Distributing trading models starting tonight for time frames in expectation for #Oil, #Gold, #Silver, #Bitcoin, #SP500, #Volatility, #USD It’s big, watch.
Further to that public Twitter post, over next two quarters I expect the equity markets to continue under serious pressure in to rates, after a technical retracement oil to skyrocket unless Trump can get a handle on the price somehow (trying with Saudi’s now), Dollar likely to spike hard for some time then fall off a cliff, volatility to increase, Gold and Silver get up and going soon and Crypto to fly. That’s my bias, thesis, trading plan in to next two quarters. Timing will be key. All of our reporting will reflect this near term and will also focus on key swing trading set-ups within themes.
Time cycle dates expiring in markets for big moves…. started end of July, next Oct 10, Nov 11, mid Dec big in to Q1 19. Distributing trading models starting tonight for time frames in expectation for #Oil, #Gold, #Silver, #Bitcoin, #SP500, #Volatility, #USD It's big, watch.
— Melonopoly (@curtmelonopoly) October 8, 2018
Market Observation:
Markets as of 8:02 AM: US Dollar $DXY trading 96.944, Oil FX $USOIL ($WTI) trading 51.33, Gold $GLD trading 1225.15, Silver $SLV trading 14.31, $SPY 265.89 (premarket trade), Bitcoin $BTC.X $BTCUSD $XBTUSD 3904.00 and $VIX trading 20.5.
Momentum Stocks / Gaps to Watch: $RSLS $EDGE $KOLD $ABIL $JKS $SPEX
21 Stocks Moving In Monday’s Pre-Market Session https://benzinga.com/z/12748703 $ABIL $NVAX $JKS $CTK $ACRX $ANY $PLT $TSRO $CHS
21 Stocks Moving In Monday's Pre-Market Session https://t.co/c1PvQFaNfL $ABIL $NVAX $JKS $CTK $ACRX $ANY $PLT $TSRO $CHS
— Benzinga (@Benzinga) November 26, 2018
News:
Stocks making the biggest move premarket: AMZN, WMT, M, TGT, GM, CPB & more –
https://twitter.com/CompoundTrading/status/1067044179878961152
GENERAL MOTORS TO CUT CAR PRODUCTION IN NORTH AMERICA, WILL STOP BUILDING SOME CAR MODELS — SOURCE
$GM
$RSLS ReShape Lifesciences Presents New Data on Proprietary Technology for Type 2 Diabetes
Recent SEC Filings / Insiders:
Recent IPO’s:
Earnings:
#earnings for the week
$CRM $WB $SPLK $NTNX $DLTR $DKS $TIF $BURL $PANW $BOX $DSX $ZUO $BNS $JKS $SINA $GWPH $VEEV $ANF $CBRL $HIBB $KSHB $VMW $AMBA $HMLP $WDAY $DAVA $RY $SJM $GME $JILL $VJET $AMWD $ITRN $TD $PAGS $KNOP $TLYS $BKE $GSM $HPQ $TECD
#earnings for the week $CRM $WB $SPLK $NTNX $DLTR $DKS $TIF $BURL $PANW $BOX $DSX $ZUO $BNS $JKS $SINA $GWPH $VEEV $ANF $CBRL $HIBB $KSHB $VMW $AMBA $HMLP $WDAY $DAVA $RY $SJM $GME $JILL $VJET $AMWD $ITRN $TD $PAGS $KNOP $TLYS $BKE $GSM $HPQ $TECD https://t.co/r57QUKKDXL https://t.co/jLnh9OtyI6
— Melonopoly (@curtmelonopoly) November 26, 2018
Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Trade Alerts, Open and Closed Trades:
Please refer to the date at top left of each chart (charts are often carried forward for some time). Trade alerts and stock chart set-ups should be traded as decision to decision process – when the trade set-up fails cut your position fast. Leg in to the winners at key resistance and support (at retracement or breach) and exit the losers fast based on technical support and resistance. Not all set-ups work, the purpose of technical analysis is to provide the framework for your trade (the chart structure enables the trader to set stops where a trade is a failed trade and leg in to winners and trim winners per the chart). The purpose of trade alerts is to bring awareness of the trade set-up in play but you have to execute the trade based on your trading strategy that should be harnessed in your rules based process.
There have been a few paper cuts executed on machine trading side in oil trade last few days – report will detail when released.
Volatility down in premarket VIX with TVIX off 5.5%. We are short from Wednesday last week TVIX.
TVIX premarket trading down. We are short Volatility from last Wednesday in 49s #premarket #volatility $VIX
SP500 (SPY) Daily Chart MACD turned up but structure under pressure. $SPY $ES_F $SPXL $SPXS #SPY #SwingTrade
To catch a knife 🙂 Daytrading crude oil #OOTT #oiltradealerts $CL_F FX USOIL WTI $USO
To catch a knife 🙂 Daytrading crude oil #OOTT #oiltradealerts $CL_F FX USOIL WTI $USO pic.twitter.com/R8n63CV72i
— Melonopoly (@curtmelonopoly) November 13, 2018
The crude oil trade on the 1 minute chart, continue to watch the support levels signaled earlier. #crude #oiltradealerts
if crude lets go here watch out…. yet again
if crude lets go here watch out…. yet again
— Melonopoly (@curtmelonopoly) November 13, 2018
Where can you find a trading setup that executes for a 150+ tick day trade in crude oil with back tested win side probability 90%. Test it and tell us we’re wrong. Member report below. $USOIL $WTI $CL_F #OIL #trading #OOTT
https://twitter.com/EPICtheAlgo/status/1057464025750138881
$TSLA #premarket jam. Closed 263.75 – 338.75 was a good one. Next! #swingtrade
$TSLA #premarket jam. Closed 263.75 – 338.75 was a good one. Next! #swingtrade pic.twitter.com/M4NDXkdoMi
— Melonopoly (@curtmelonopoly) October 29, 2018
Machine trade in oil top tick hit perfect 67.62 to penny HOD, trimmed added numerous all win side and closed 90% 66.83. Nice trade.
Crude oil trade in to open yesterday: Nailed the Crude Oil Short in Trading Room at Open.
Trade alert this morning to trim Silver and add above: Trimming Silver 14.78 per price target will add above.
Trade alert yesterday : Long Silver 14.63 target 14.78 tight stops.
Daytrading Crude Oil – Screen Shot of Oil Trade Alerts Feed with signals for long oil trade and closing trade.
TESLA (TSLA) daytrade with swing trade possible here to higher, we got some of that move at open. $TSLA #trading
TESLA (TSLA) daytrade with swing trade possible here to higher, we got some of that move at open. $TSLA #trading pic.twitter.com/6Kjglgconf
— Melonopoly (@curtmelonopoly) October 16, 2018
That spike in Sunday night oil futures open was interesting (on Saudi Trump news flow), caught me off guard but I got a piece of it $USOIL $WTI $CL_F $USO #OilTradeAlerts #OOTT
That spike in Sunday night oil futures open was interesting (on Saudi Trump news flow), caught me off guard but I got a piece of it $USOIL $WTI $CL_F $USO #OilTradeAlerts #OOTT pic.twitter.com/vlOAl0ze6A
— Melonopoly (@curtmelonopoly) October 16, 2018
Working the daytrade edges on SP500 $SPY #daytrading #tradealerts
Working the daytrade edges on SP500 $SPY #daytrading #tradealerts pic.twitter.com/tcbGIESXQF
— Melonopoly (@curtmelonopoly) October 9, 2018
Working the edges of volatility on daytrading time-frames today also $VIX $TVIX $UVXY #tradealerts #daytrading
Working the edges of volatility on daytrading time-frames today also $VIX $TVIX $UVXY #tradealerts #daytrading pic.twitter.com/1on7qS3aYJ
— Melonopoly (@curtmelonopoly) October 9, 2018
Example of knowing probability of time cycles (intra-day example). Look at the guidance in the oil trading room…. exact time of day and price of oil hit per guidance many hours earlier. Power of time cycles. FX $USOIL $WTI $CL_F $USO #oil #trading #algorithm
Example of knowing probability of time cycles (intra-day example). Look at the guidance in the oil trading room…. exact time of day and price of oil hit per guidance many hours earlier. Power of time cycles. FX $USOIL $WTI $CL_F $USO #oil #trading #algorithm pic.twitter.com/qa0HueviTl
— Melonopoly (@curtmelonopoly) October 9, 2018
This was an intra-day time cycle trade. I win when I respect time cycles, lose when I don’t. It is that simple.
This was an intra-day time cycle trade. I win when I respect time cycles, lose when I don't. It is that simple. https://t.co/k4HO2izAT7
— Melonopoly (@curtmelonopoly) October 9, 2018
$ROKU #daytrading #tradealerts
$ROKU #daytrading #tradealerts pic.twitter.com/RWXQcogTll
— Melonopoly (@curtmelonopoly) October 1, 2018
Market Outlook, Market News and Social Bits From Around the Internet:
“The bear market is mostly complete for EM, has further to go in U.S. credit and is about to begin for the U.S. dollar.”
“The bear market is mostly complete for EM, has further to go in U.S. credit and is about to begin for the U.S. dollar." https://t.co/1PVQl5QLnE
— Lisa Abramowicz (@lisaabramowicz1) November 26, 2018
Goldman Predicts #Commodities Will Soar In 2019: https://www.bloomberg.com/news/articles/2018-11-26/goldman-predicts-commodities-will-soar-in-19-as-oil-gold-climb … https://www.bloomberg.com/markets/fixed-income
Goldman Predicts #Commodities Will Soar In 2019: https://t.co/EZzzh0W4rN … https://t.co/Li0ywMjNaS
— Rosie the Gold Algo (@ROSIEtheAlgo) November 26, 2018
Bitcoin’s tumble worsened over the weekend, in striking distance of the cryptocurrency’s worst bear markets.
Bitcoin’s tumble worsened over the weekend, in striking distance of the cryptocurrency’s worst bear markets. https://t.co/IYmbJXWd76
— Crypto the BTC Algo (@CryptotheAlgo) November 26, 2018
Elon Musk says Tesla came “within single-digit weeks” of death #swingtrading $TSLA
Elon Musk says Tesla came "within single-digit weeks" of death #swingtrading $TSLA https://t.co/wsONID7Q6o
— Swing Trading (@swingtrading_ct) November 26, 2018
If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect the math (they have taken me from a 60% hit rate to 80%+ all publicly posted live trade alerts).
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).
Some of my Favorite Intra-day Trading Set-Ups:
(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Charting Model Set-Ups.
The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.
Morning Stock Watch-Lists for my Favorite Set-Ups:
(1) Pre-Market Gainers Watch-List:$RSLS $DGAZ $KOLD $ABIL $EDGE $JKS $NVAX $HMI $IDXG $TKC $RIOT $DSX $YINN $NBEV
(2) Pre-market Decliners Watch-List :
(3) Other Watch-List:
(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWT, $DWT, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY), $BTCUSD Bitcoin.
(5) Recent Upgrades:
Deutsche Bank upgrades $ANZBY from Hold to Buy
(6) Recent Downgrades:
$AAPL PT LOWERED TO $225 FROM $256.00 AT LOOP CAPITAL
Stifel downgrades $BTGGF from Buy to Hold
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
http://finviz.com/
https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6
http://www.highshortinterest.com/
http://www.gurufocus.com/short-stocks.php
http://www.3xetf.com/all/
http://www.etf.com/channels/gold-etfs
GL!
Curtis
Algorithm Twitter feeds can be found here: $BTC (@CryptotheAlgo) $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct. Our lead trader Twitter feed is here @curtmelonopoly
Article Topics: Premarket, Stocks, Trading Plan, Trade Alerts, Trading Room, Swing Trading, Day Trading, Equities Bounce, SPY, Oil Bounce, WTI, Volatility, USD, Time-Cycles, Trump Xi, Draghi, FOMC, $ABIL, $NVAX, $JKS, $CTK, $ACRX, $ANY