Compound Trading Friday May 12, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $USLV, $TCCO, $CBMX, $USOIL, $WTI – $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:

Important Member Premarket Note re: Service Upgrades in Process

Friday was day ten of trading challenge.

 

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

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

Stock Trading Results Thur May 11. Day Nine: 2 Wk Trading Challenge $BRNE, $USLV, $XIV

Most recent Premarket Trading Plan Watch-list can be found here (locked to respect members and unlocked to public about a week later for transparency): Friday’s Premarket was handles in trading room only – no newsletter publication.

Protected: PreMarket Trading Plan Thur May 11 $MSLI, $UVXY, $NUGT, $USLV, $BRNE, $AMBA, $EOG, $COTY, $FSLR, $JASO

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

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

Premarket Session: 

Premarket momo: $TCCO $TTD $NAK $FNJN $URRE $AZN $JNUG $PBR $NUGT

My $USLV up a bit this morning. Anything will help lol…. last day of the trading challenge —- need more runway!

Early movers: JCP, FCAU, JWM, S, GLW, WMT, TIF, GE, AZN & more –

Market Day, Chat Room Trades and Personal Trades:

Closed out my $USLV overnight hold for a small gain, took a total noobie loss on morning momentum $TCCO, $CBMX and $AMZN along with other swing trades from swing trading side rocking it and EPIC the Oil Algo running the show hitting targets like mad.

Intra status $USLV 11.40 L yesterday 1800 trading 11.75 intra hold, $TCCO 1000 L 4.22 Closed 3.72 for a noob error – jeez.

Member alert: Oil trade review in room at 10:35 AM live broadcast for updates. @EPICtheAlgo @CompoundTrading $USOIL $WTI $CL_F #OIL #OOTT

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

The Anatomy Of A Successful Trader: 12 Key Traits. 1% who play this game take 99% of the profits?

https://www.seeitmarket.com/the-anatomy-of-a-successful-trader-12-key-traits-trading-16541/#.WRdWRjSdbB4.twitter … via @seeitmarket

Quick note for those that review set-ups, when our daily raw footage is published for today on YouTube the mid day swing charts were premium

We review day & swing trade set-ups daily at 12:00 in trade room. Raw video example https://www.youtube.com/watch?v=2_0PfnNiU-A … #trading #setups #freedomtraders

Best week for me in my trading journey.Not just p/l but huge leaps in knowledge & confidence.Thanks for the push & support climbing the wall

Spent past two weeks as a guest in Curt’s room and I was impressed Laid back and good people his Oil Algo is unreal Im still digesting it

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

Stocks, ETN’s, ETF’s I am holding:

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

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
TTD 51.90 30.11% 12451808 Top Gainers
NK 3.98 25.16% 1315044 Top Gainers
TANH 2.31 24.71% 347943 Top Gainers
RELV 7.32 24.28% 55279 Top Gainers
GLYC 5.00 22.85% 265260 Top Gainers
PLSE 26.26 20.40% 496686 Top Gainers
NURO 4.07 730.61% 60716 New High
RNN 4.26 7.30% 2269056 New High
TTD 51.90 30.11% 12451808 New High
FNJN 2.59 16.67% 2694574 New High
EA 109.09 0.47% 3169406 Overbought
IAC 102.59 -0.72% 623417 Overbought
TCCO 2.80 15.76% 3718021 Unusual Volume
DBUK 21.61 0.81% 43456 Unusual Volume
FORD 1.30 17.12% 2016364 Unusual Volume
FOGO 13.70 -8.05% 2547711 Unusual Volume
AMBC 17.18 -0.92% 522463 Upgrades
AYA 19.35 3.20% 869497 Earnings Before
HA 53.30 0.19% 466401 Insider Buying


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

As usual or algorithm charting is nailing it and EPIC was showing off again with the Friday target hitting perfectly.

Fri 1PM Target hit exact time/ penny of call days prior! EPIC the Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

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:

$CBMX Swing going well. L 5.20 May 5 w MACD crossed up. W add after Stoch RSI comes down curls up. Close if MACD crosses down. #swingtrade

$AMZN Swing trade going well. Trading 952.45 in 822.74. May add at next pull back. #swingtrading

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

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

NA

Gold $GLD, $XAUUSD, $GC_F :

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

Gold Miner’s $GDX:

NA

Silver $SLV:

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

Crude Oil $USOIL $WTI:

Selling of WTI crude oil continued for a third week with the net-long halving during this time. Gross-short jumped on break below $47 #OOTT

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

Volatility $VIX:

The historical seasonal tendency is for $VIX levels to trend lower until around July

$SPY S&P 500 / $SPX:

64% of $SPX companies have beaten sales estimates for Q1 to date, above the 5-year average (53%).

Markets Looking Forward:

#earnings $BABA $HD $AMAT $TGT $CSCO $WMT $CRM $WB $TJX $DKS $BDSI $SORL $SPLS $SSYS $RL $SINA $WLB $LB $AEO $FL

We’ve never had it so good: Global equities now worth $73.3trn, highest value in history.

Half of this year’s stock rally = 10 companies.

(via @GoldmanSachs @NickatFP)

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: Morning!
Curt M_1: On Mic 9:10 for premarket >>>>>>>>
Market Maven: gm guys!
Hedgehog Trader: morning Maven
Hedgehog Trader: btw wicked silver miner to play is $EXK
Curt M_1: Popular: $JCP, $JWN, $CYBR, $ACAD, $CNNX, $TSRO, $ARDX, $PBR, $HD, $SHLD, $HYGS, $LVS, $NKE, $BRKR, $PNRA, $SAGE
Spiegel: Guten tag everyone
Market Maven: morn!
Hedgehog Trader: $MUX 16% short interest (gold and silver miner)
Hedgehog Trader: watch for a big kaboom this month
Curt M_1: $EXAR halt
quarryrock: good am
Curt M_1: Premarket momo: $TCCO 35% $TTD $NAK $FNJN $URRE $AZN $JNUG $PBR $DRYST $NUGT $CATB $TWLO $FTR $VOD $S $LNG $TECK
Curt M_1: Mornin
Curt M_1: On mic in 3 mins for premarket >>>>>>>>>
Curt M_1: On mic premarket review 9:12 >>>>>>>>>
Hedgehog Trader: metals spike pow
Spiegel: Nothing exciting. They move in waves
Spiegel: It’s either too many good ones to follow or nothing
Spiegel: Plus most don’t open until 9:30
Hedgehog Trader: NAK and EPA made peace
Hedgehog Trader: after yearssss
Hedgehog Trader: for silver stock traders: EXN.TO Excellon Silver has the highest grade silver producing mine in Mexico- Sprott owns
mat: EXLLF is the us pink sheet ticker for that BTW
Spiegel: You know youre a rebel when you get banned from StockTwits
mat: morning
mat: HCG stuff is going to spread I thnk
quarryrock: Slack?
mat: Slack is great but you can’t hop on the mic or share screens very easily. Doing that narrows down the search quite a bit
quarryrock: ahhh got it
Curt M_1: 4.22 long $TCCO 1000 ugh fark
Market Maven: in it too but might cut4.03
lenny: 4.12 here
lenny: doesn’t look good
lenny: i cut small loss
Market Maven: holding
Market Maven: early
Tradergirl: gm all
Curt M_1: morn
Curt M_1: noob mistake hitting it at 4.22 ugh
Curt M_1: out 3.72 1000 ugh
Market Maven: out 3.65 small
Tradergirl: KK u on mic, don’t have sound?
Curt M_1: yup
Market Maven: i can hear him
Spiegel: FORD was the one to pick this morning
Tradergirl: rats reboot
mat: Glad to have you in the metals party finally
quarryrock: im ridin that USLV too
Tradergirl: Curt you sound awful (meant in nicest way), are you sick
mat: Charts lookign to breakout here as well are TAHO, GPL/HL look like the put abottom in, and AG though getting extended looks great if there’s any pullback.
mat: Full disclosure I just trimmed some AG looking for a dip to add and am in the others
mat: Old friend SM also trying to clear downtrend which is 1.68ish currently
mat: *ASM
Tradergirl: think oil might try another push higher
Tradergirl: i’ve got 48.75 where i start watching for short fwiw
mat: usd/jpy catching a bid not helping metals
Tradergirl: i’ve got swing L watch a bit lower on metals fwiw
quarryrock: uvxy tank needs more for me to bank those puts
mat: captain obvious but at this point the sunday session is really what matters. Some gaps in metals/oil should get things moving
quarryrock: i would have caught up to you curt had i held my TLT and Miners Cs from yesterday
quarryrock: gonna be tough for me today.
Curt M_1: Intra status $USLV 11.40 L yesterday 1800 trading 11.75 intra hold, $TCCO 1000 L 4.22 Closed 3.72 for a noob error – jeex.
Tradergirl: thx gotcha
Tradergirl: lolllll
Tradergirl: sorry, not clear
Tradergirl: give up and let support go, ie b/d?
mat: What are the chances that Saudi Aramco doesn’t IPO?
Market Maven: got a few good ss on $TCCO but thats it so far
mat: Shaky ground for sure
Curt M_1: Stop 11.69 $USLV 1800 from 11.40 entry yesterday
mat: usd/jpy is in a narrow range. 133.5+ and metals head south, 133.3- and metals work up gold towards 1240 and silver towards 16.6-7
lenny: I only got one ss $TCCO MM
quarryrock: im going to keep ridin USLV into next week.
mat: Yepp, I want to see at least what sunday/monday brings
mat: I am trimming AG though, that name has been on a ripper
Flash G: $IBM trade here on watch
Cal: Hey Flash long time no chat – on my radar for a swing too fyi
Flash G: Back to work I see. Good stuff.
Flash G: Consolidating swings before Friday cheer.
Cal: enjoy
Cal: Been a good year you deserve it. At the brink of a turn here perhaps.
Flash G: Aware and watching. It could bump and go again also. Difficult read.
Curt M_1: Closed $USLV 11.69 1800 11.40 L yesterday.small gain.
Curt M_1: Hey Cal nice to see ya back.
Cal: 10 – 4
Cal: Big news this weekend I hear. I’m registering today for the oil room FYI.
Curt M_1: kk there’s still 18 or so spots ur good to go
Cal: You may want to consider 100. Just my opinion but I know what client management is all about. Takes time to get lift and such.
Spiegel: oil must be dipping since UWT just took a big dip
Curt M_1: Ya after first 50 we’ll likely scale to 200 and then open the gates.
Curt M_1: Oil just tanked thru initial supprt and hit secondary (yellow line)
Curt M_1: Watch for rumors.
Spiegel: Ah yes, 47.60 broke
Curt M_1: Member alert: Oil trade review in room at 10:35 AM live broadcast for updates. @EPICtheAlgo @CompoundTrading $USOIL $WTI $CL_F #OIL #OOTT
Curt M_1: From my Twitter feed.
Cal: Nice
OILK: This is going to get fun.
Curt M_1: We had this planned for SUnday night so they’re early lol
Cal: good call nonetheles we will see if it holds
quarryrock: curt you like oil to bounce here?
Curt M_1: On mic 1 min oil review>>>>>>>>>>>>>>>
Curt M_1: 10:35 AM on mic oil review>>>>>>>>>>>>>
Curt M_1: Oil Review done 10:41 AM off mic >>>>>>>>>>>>>>>>>>>>
gary y: Thanks Curt
Curt M_1: you bet gary !
Cal: shes going down biys
OILK: dont’ forget to watch #OOTT on Twitter feed fro rumors!
OILK: this is where they do it
Curt M_1: true true
Cal: here she gos!
Cal: say bye bye
Glenn: yoou guys know your oil trade i can see
Cal: 🙂
Market Maven: Curt your $SSH may be a bag dump today yet
Curt M_1: Testing final support now
Curt M_1: Oil
Curt M_1: Yellow line on chart
Curt M_1: Watch the rumor mill #OOTT on Twitter
quarryrock: may hang it up for the week folks. Fridays is just a day for MMs to steal options premium
Curt M_1: Ok quarry! Thanks for doing the challenge with me!!!!!
Market Maven: Yes, thank you QR very nice of you.
quarryrock: its been a true pleasure hanging out with everyone. TY very much
Market Maven: Hopefully you’ll come and join us regular.
Spiegel: have a good one!
quarryrock: as of now im hanging unto about $4k in gains.
lenny: Ya we enjoyed ya.
lenny: nice
Market Maven: way to go
quarryrock: too much ER gambling. took me out this week.
quarryrock: but went for it – not what i recommend
Curt M_1: 4k nothing to sneeze at
Curt M_1: 20% gain two weeks – do that every week and kapow beach for good
Flash G: amen to that
quarryrock: no doubt! any win is a grin!
Flash G: haha
quarryrock: metals and bonds are creeping up
quarryrock: $GE tanking
Market Maven: $MACK at 52 week lows wow
Curt M_1: Theyre trying to work oil out of basement now.
Curt M_1: Machines have oil trad eirght in to middle of that cluster.
quarryrock: for a low risk scalp consider long $HD to $157.50 ahead of ER and sell it before The MMs are pricing the implied off that strike for tuesday .50 take
quarryrock: kicking myself for missing that entry this am at $155.80
Spiegel: In penny land, you could do worse than betting on a bounce in DCTH here at .032
Market Maven: 52 Week Highs $MOBL
Curt M_1: Bit of a squeeze there in $SGMO I missed
quarryrock: a better cheaper scalp is $URBN same trade going to $23 ahead of report
Spiegel: DCTH total gamble though of course – not a quality stock
Curt M_1: haha
Spiegel: its not exactly moving fast – but when they run, they run
Spiegel: Up 1/100th of a penny. It’s flying now
Spiegel: sarcasm btw
Spiegel: tradingview doesn’t even go into that small of amounts
Tre: funny
Spiegel: now it 2/100
Curt M_1: charts are so lthrottled lol EPIC chart uses some ram
Curt M_1: $AUPH could be an afternoon runner fyi
Curt M_1: Accumulation on L@ today
Spiegel: DCTH now up 5/100. Its actually moving
Spiegel: Curtis, quick lay down $20,000 on it. You’ll double your account for sure
Spiegel: (again, sarcasm for those who don’t know me)
Curt M_1: haha nope 🙂 🙂
Curt M_1: Oil trading over support now
Market Maven: $AMZN
Curt M_1: Its that algo target – its right at that line.
Flash G: $TSLA last add for full position.
Market Maven: Ha that only took 3.56 months flash! Nice one btw
quarryrock: Cannacord UG $NVDA to $155 will be interesting to see the close today on this stock
quarryrock: lots of paper on the 5/19 $130 strikes
Spiegel: gold on the move
quarryrock: banks following rates
gil: how do you know ahead of time where oil will be at reports?
OILK: Way to go on $TSLA Flash. Been a big hold winner for you.
Market Maven: I betcha he’s off for his scotch bout that time
Spiegel: quarry I got the 5/19 128 strikes
Curt M_1: On mic at 12:05 for end of week chart wrap up review>>>>>>>
Curt M_1: Gil – answer is its complicated. Our website has articles that explain the process.
Curt M_1: https://compoundtrading.com/development-process/
Curt M_1: On mic chart review>>>>>>>>>>>>>
Curt M_1: Vol halt $ZAZZT
quarryrock: nice Speigel!
quarryrock: added $130 $NVDA 5/19 1.70
quarryrock: C’s
Tradergirl: tradingview to the bin
Tradergirl: got locked out of my charts, on email back/forth with cs, no resolution
Tradergirl: kk michael burry in it dude. yw.
Leanne: Hahaha
Tradergirl: lol
Tradergirl: wow, stealing that one, love fslr
Leanne: oh you Curtis, let it go, let it go…..
Leanne: can you look at the daily chart on FSLR, that’s what I’m trading it from
Spiegel: My HIIQ swing moving well today
Leanne: congrats S!
Spiegel: MOMO another good swing but not exactly undervalued now. Just shere momentum on that one. MA’s are all properly stacked already
Leanne: Flash, do you really get 100% on your swings annually?
Market Maven: Flash?
Market Maven: sits scotch lol
Spiegel: sips?
Leanne: Hi! Sorry, hit and miss for me this week due to very sick kids at home
Leanne: I am mentally ready for semi retirement
quarryrock: $NVDA on the move ….
Spiegel: 🙂
Curt M_1: $GSAT halt
Spiegel: Please check out HIIQ Curtis
Spiegel: on the swing list
Leanne: we are not old!
Leanne: don’t say that I’m a year behind you only.
Leanne: but would you get into two in the same sector Curtis?
Spiegel: I would just pick one – whichever one catches your fancy
Leanne: I have a TC2000 subscription, hard to let it go and swtich to Trading View. May have to learn it… just to fit in!
Leanne: why! I like it, I got used to it and I’m an old cat, hard to teach an old cat new tricks.
Spiegel: Yeah, you don’t want to be like the kid who ate weird sandwiches at lunchtime in the school cafeteria
Tradergirl: LOL Spiegel! good grief.
Tradergirl: haven’t charted but hearing abt hiiq lots atm
Leanne: I think Spiegel
Spiegel: it was
Leanne: rofl
Leanne: no stress in that
Spiegel: for sure
Spiegel: breaks 50 and 100 all today
Leanne: HIIQ on a daily is far above the MA’s though so would this now be more daytrade?
will: auph
Spiegel: I like the look of that AUPH
Spiegel: even though the 20 just crossed under the 50, that wont last long since price trending up
Spiegel: on daily
Spiegel: MOMO showing some momo now too from its retracement
Leanne: Thanks Curtis
Curt M_1: no prob peeps
Spiegel: AUPH probably a safer bet here than HIIQ since not as extended
gary y: good info
Curt M_1: brb
Leanne: Curtis will you still be in this room after your oil room all set up?
Curt M_1: yup
Curt M_1: in both same time and both will have mods
Curt M_1: other algos getting theri own rooms too
Spiegel: I can just imagine joing 2 rooms and going back & forth
Curt M_1: ha
Spiegel: GOLD!…OIL!…..GOLD!….OIL!!!!
Curt M_1: ha
Leanne: OK, that’s too much stress for me right now! Sticking to here. I’ve just turned a major corner (wall climbing) and am starting to feel like a real trader
Curt M_1: good to feel real:)
OILK: Oil should fail after this target party or Sunday evening I agree
Spiegel: YNDXC interesting here. Beaking all time highs
Spiegel: YNDX
Spiegel: 52 week highs I mean
Spiegel: I see news some OPEC members pushing for deeper cuts or including new participants to join cuts (like Turkmenistan and Egypt)
OILK: Watching close Spiegel – they know where that line is those guys
OILK: Their timing is always on it
Market Maven: $GSAT is buy out rumor
Market Maven: Going to try some $GSAT here soon likely small
Tre: MM do you think $GSAT will run any more? Seems like thats it.
Spiegel: nothing stopping HIIQ or YNDX
Market Maven: I like them both
Market Maven: GSAT not sure tre
OILK: $VRTU spike
OILK: Flashed on scanner
lenny: $FEYE looking at initial entry before close.
Leanne: Lenny, can you tell me why you would enter FEYE now? I looked at it a few days ago but felt on a daily it was far off from the MA’s
Market Maven: My $GSAT working but not real confident in it
lenny: Global cyber attacks – next week good chance inducstry will get momo beyond current
Flash G: Hi Leanne, read your question. Typicall swing returns I achieve last 5 years around 40% prior to much less and recent much better. Cheers!
Leanne: Thanks Flash! how’s the scotch? I”m a gin gal myself
Market Maven: Lol Flash comes and goes after lunch:)
Market Maven: He visits maybe 2 or 3 times in afternoon. I learned.
Market Maven: I don’t know what to do with $GSAT I’m torn
lenny: You might get a super nova there MM!
lenny: I don’t want to chase but it is appealing
lenny: $GRBK just hit 52 week highs
Flash G: The scotch is terrific of course!
Flash G: It’s not Glenfiddich’s 50 year like OILK can afford but just fine. Be back later all.
Curt M_1: Shorts are covering in $SNAP
Curt M_1: 19.28 1300 $SNAP L
Curt M_1: Really tight
Market Maven: in with ya but tight also
OILK: dido could go either way
OILK: 19.75 traget
lenny: same target
Market Maven: here we go!
Market Maven: Darn
Market Maven: ok now hit it!
Market Maven: shoot
Market Maven: candle height on 5 an issue
lenny: it might not matter
lenny: still 4 . 5 mins on that candle
Market Maven: still not good on the switch
Market Maven: Curt if it gets over turn on the chart bot pls my charts are fcky today
Market Maven: oh your charts are throttling anyway
Market Maven: now!
Market Maven: yessssssss
Market Maven: 2 mins
Market Maven: covering slowed but buying might do it
Curt M_1: 45 secs pressure now
Curt M_1: 19.24 stop
Curt M_1: better not eat it and run
lenny: nah
lenny: new candle should be ok but ss not covering now
lenny: stoch rsi bad too
lenny: same stop
OILK: we’re not going to get it
OILK: sht a few mins earlier
OILK: just under 3mins
OILK: 2 mins pressure coming soon
Curt M_1: closed 19.35 all shares
OILK: out
lenny: me too
Market Maven: done
Market Maven: small profit
Curt M_1: so close
Curt M_1: anyway small profit also
Curt M_1: timing was off I was distracted scanner had it long before I alerted it
Market Maven: mine too I was watching cnbc like an idiot
Market Maven: there goes the 5
Market Maven: exit was on anyway
Market Maven: we were at the 2?
OILK: yes
OILK: right exit slow entry – next time
Curt M_1: my scan had it 15 mins ago would have been good timing
lenny: I may as well say it. I had it too and seen it and ignored it. I’ll hide now.
Market Maven: O M G
Market Maven: 3 0 % ta
Market Maven: not quite but still
Market Maven: kick your ass next round of drinks
lenny: bah its nothing
Market Maven: omg here we go
Market Maven: we in?
lenny: oh ya baby
lenny: careful of course but in
lenny: curt?
Curt M_1: 19.50 man I don’t know
Leanne: I’m watching you guys
Curt M_1: 19.75 comes quick its like the 3 stooges
Curt M_1: bonk
Curt M_1: hahahaha
Market Maven: hes got a point
Market Maven: the bulls are shy on it its that 19.50 and .75
Market Maven: and the 20.00 thats big
lenny: good short lol
lenny: kind of funny Fri afternoon we were all sleeping on the job. Cost us big. But as Curt says the cards never stop.
Hedgehog Trader: go balls to the wall long silver and miners at day’s end
Market Maven: u guys
Market Maven: guys guys guys
Market Maven: $GSAT I closed at aprofit btw – your GURU is holding over the weekend however Curt
Curt M_1: Charts need a reboot but day is almost over 🙂 so nah
OILK: That was a whole weeks pay missed on that one. Still kicking my dog over that.
OILK: jokes
OILK: jokes
Market Maven: and $SNAP snaps
lenny: Well hopefully I don’t take a bath on $FEYE but its a small entry.
lenny: WWas a fantastic week for me. Thanks all. Thanks Curt and back Monday! Enjoy.
Curt M_1: ya u bet lenny
Curt M_1: enjoy
Market Maven: I have to work all weekend but yes enjoy Len
Market Maven: $MACK play has been good.
Leanne: Have a great weekend everyone
Curt M_1: Well have a good one people! Big upgrades this weekend! See ya on Monday for a new week and hopefully new and better ROI!
Curt M_1: u 2 leanne
Tre: bye guys
Spiegel: There’s another one for the books. Have a great weekend everyone.
OILK: later

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Article Topics: $USLV, $TCCO, $CBMX, $USOIL, $WTI – $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 May 11, 2017 Review of; Chat Room Stock Day Trading, Swing Trading, Algorithm Chart Trading, Videos and Live Stock Alerts. $BRNE, $USLV, $XIV – $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:

Important Member Premarket Note re: Service Upgrades in Process

Thursday was day nine of trading challenge.

Complete day 9 of two week 20k double small account trading challenge +6810.00 ?? 1 day left. #tradingchallenge

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:

Stock Trading Results Wed May 10. Day Eight: 2 Wk Trading Challenge $MTBC, $BRNE, $USOIL,…

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

Protected: PreMarket Trading Plan Thur May 11 $MSLI, $UVXY, $NUGT, $USLV, $BRNE, $AMBA, $EOG, $COTY, $FSLR, $JASO

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

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

Premarket Session: 

PreMarket Trading Plan Thur May 11 $MSLI, $UVXY, $NUGT, $USLV, $BRNE, $AMBA, $EOG, $COTY, $FSLR, $JASO

Market Day, Chat Room Trades and Personal Trades:

Closed my $BRNE OTC overnight hold for a win, entered $XIV for a small cut and entered $USLV for an overnight swing. Pretty calm day for me. Did more management of my swing trades over on our swing trading side and a ot of preparation $STUDY for Swing Trades.

Long $XIV 350 77.53

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

Want to learn how to trade stocks for a consistent profit? Raw trading footage video library. https://www.youtube.com/channel/UCxmgJ3CfWHRBFFMpoHumZ8w … #freedomtraders

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

Stocks, ETN’s, ETF’s I am holding:

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

Note-able Momentum Stocks Today (via FinViz):

Ticker Last Change Volume Signal
SGMO 7.00 60.92% 15643100 Top Gainers
RELY 3.30 34.69% 1253600 Top Gainers
GLBS 1.65 28.91% 1904000 Top Gainers
LPSN 9.75 22.64% 1662500 Top Gainers
SGOC 1.65 22.22% 164052 Top Gainers
RNN 3.97 22.15% 965927 Top Gainers
PEGA 52.50 10.41% 2773000 New High
ASUR 14.54 12.36% 536100 New High
MTLS 14.15 13.93% 394200 New High
LPSN 9.75 22.64% 1662500 New High
IAC 103.33 0.91% 847500 Overbought
EA 108.58 0.39% 5750600 Overbought
EUMV 24.27 -0.21% 1249200 Unusual Volume
MSLI 1.17 54.15% 2247165 Unusual Volume
EMAG 21.53 -0.28% 12300 Unusual Volume
SYMX 1.02 9.68% 4614500 Unusual Volume
AMBC 17.34 -4.20% 989600 Upgrades
AYA 18.75 4.75% 393739 Earnings Before
PODD 39.11 0.03% 553100 Insider Buying


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

All our algorithms are doing well, but EPIC especially has been in the lime light lately.

Direct Target Hit to Exact Penny and Second. Predict 3 Days in Advance. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #EIA

Why the #AI hype cycle won’t end anytime soon

#machinelearning #fintech #bigdata #ML #healthcare #tech

Goldman Sachs to launch new ‘dark pool’ for stocks on Friday

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:

$AMZN Swing trade going well. Trading 952.45 in 822.74. May add at next pull back. #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:

A warning our members got days ago that is playing out as charted.

Be very careful here. oil regained bottom of the channel. EPIC Oil Algorithm charting May 9 642 AM FX $USOIL $WTIC #OIL $CL_F $USO $UCO $SCO $UWT $DWT #OOTT

$USOIL, $WTI, Chart

Be very careful here. oil regained bottom of the channel. EPIC Oil Algorithm charting May 9 642 AM FX $USOIL $WTIC #OIL $CL_F $USO $UCO $SCO $UWT $DWT #OOTT

Across #shale industry, drilling activity increasing even faster than it did in final stages of its first boom, up until 2014 @FT

Volatility $VIX:

The historical seasonal tendency is for $VIX levels to trend lower until around July

$SPY S&P 500 / $SPX:

NA

$NG_F Natural Gas:

NA

Markets Looking Forward:

Half of this year’s stock rally = 10 companies.

(via @GoldmanSachs @NickatFP)

TECHNICALLY SPEAKING: So goes oil prices, so goes earnings and the S&P 500.

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: Good morning. Premarket really soft so I will give it some time here to set up before any review.
Flash G: $CAT looking better
Market Maven: $PIRS looks like death lol
Market Maven: and $SNAP wow
quarryrock: good am everyone!
Market Maven: morning
Market Maven: Market feeeeeels badddd
quarryrock: yeah Macys carpet bombed an otherwise fine ER from KSS this am
Market Maven: ya seen that
quarryrock: NTES on watch
Market Maven: $VRX has some momo type action
Glenn: $NATGAS might go
quarryrock: silver was pushed down pre. but watch it today
Market Maven: shippers starting some
Curt M_1: $BRNE up from my buy yesterday – I forgot about it yesterday lol (closed it)
Tradergirl: vrx i love mm, bot long-term calls week ago, doing well. ack lol.
Curt M_1: I was going to go long and didn’t ugh
Tradergirl: which Curt
Curt M_1: $VRX
Tradergirl: ya, i’ll keep an eye for u
Spiegel: VRX also great for doing covered calls since have a very high premium.
Curt M_1: spiegel whats the OTC play today? I only have 2 days of runway left
Tradergirl: good point S, cheap too for now
Spiegel: Sorry Curt. Nothing really standing out yet. But I’ll give you the next BRNE earlier when one comes up.
Curt M_1: Day 8 complete of two week 20k double small account trading challenge +6750.00 ?? 2 days left, runway real short #tradingchallenge
Curt M_1: ok thanks need one just one lol
Tradergirl: dunno, $fit KK?
quarryrock: $KSS to open green PT $43.20 if can fight off early bears
mat: memorial day I think. End of month
Curt M_1: out $BRNE for a dinner and movie
sbrasel: $PED is climbing
Spiegel: sWas just going to mention PED myself
sbrasel: also $ocul
Spiegel: SYMX
quarryrock: bears after KSS downside to $36ish 8% worst case
quarryrock: im in TLT $120s for next week Calls here .68
sbrasel: $fncx is moving
quarryrock: in uvxy $13s tight stop
Market Maven: Long $M some
Tradergirl: Curt COTY coming down some from yest, not sure if get better than 19 fyi (19.55 atm), i’m buying some 19 if holds, just fyi
Curt M_1: kk
Flash G: $NVDA swing strong here
Spiegel: Sure is!
Spiegel: that stock is a winner
Tradergirl: OMG DRYS +555%
quarryrock: $GDX calls are alive now lets rock!
Spiegel: reverse split Tradergirl
Spiegel: so not really up
Tradergirl: oh 🙁 the uje, time to sell then lol
lenny: $TWTR might giddy up here
Spiegel: DRYS loves to reverse split and then go back down to under a dollar and then reverse split and then….over & over
Tradergirl: yep S, Economou uses it as his personal bank account, doomed to fail
lenny: Like $VRX action
Flash G: Bottom shopping transports
quarryrock: UVXY ripppp
Tradergirl: also urre looks good if holds here
Flash G: All time highs in $MELI
Sandra: $VIX awakens
Spiegel: OTTV I gave yesterday on their app news is still climbing
Spiegel: .0009 to .0012
Market Maven: That resistance your $SPY algo alerted weeks ago CUrt wowwow 🙂 not bad
quarryrock: time to pour it on! metals bonds vol
Market Maven: metals r rippy
quarryrock: nailed some uvxy! moneyball time!!!
quarryrock: banked 66% of my gdx HUGE win there!
Curt M_1: Oil sagging over the support / resistance heavy (grey horizontal thick line)
Curt M_1: man that will be a good short if it loses that area OIL
Curt M_1: $WAV VWAP test
quarryrock: all out of GDx calls
Curt M_1: $FNCX VWAP wacked
Curt M_1: $SGMO bounced at VWAP
Curt M_1: dare ya to long $SGMO at 666
quarryrock: still in USLV
Flash G: ha fun
quarryrock: TLT calls are clicking !!!!
lenny: $VRX could just be a bang up play over next few weeks
quarryrock: wowowow UVXy
Spiegel: SLTK bouncing from lows
Spiegel: my OTTV now .0013. Up 44.4%
Curt M_1: nice play Spiegel
Spiegel: People have been waiting on that app for months
Curt M_1: Long $XIV 350 77.53
Hedgehog Trader: hey all
Hedgehog Trader: please tell me DRYS split
Hedgehog Trader: lol
Market Maven: no its up to the mooooon!
Hedgehog Trader: haha
Hedgehog Trader: what a wacky ride that stock has been
Curt M_1: Stop set at 77.53 $XIV my buy
Curt M_1: $DRYS is like some people 🙂
Curt M_1: Hey Hedge do you know what the next 3 day weekend is on the markets?
Curt M_1: like specifically what date?
Hedgehog Trader: is it good Friday? Apr 14th?
Hedgehog Trader: sorry
Hedgehog Trader: lol no sleep
Spiegel: it was
Flash G: $NKE bear mode hard
Spiegel: my birthday
Hedgehog Trader: Memorial Day 29th May?
Curt M_1: thats what mat thought
Curt M_1: oko thanks
Hedgehog Trader: Google is way smarter than i am
Hedgehog Trader: truth
Hedgehog Trader: that’s a Monday
Curt M_1: lol ya i can’t google yet all computers are running mad right now maxed
Hedgehog Trader: ha – yeah one more little google search and it all goes blue screen of death
Curt M_1: lol wil be nice to get the new systems I hope
Curt M_1: that’s the weekend I’ll likely go to south america
Hedgehog Trader: woot
Hedgehog Trader: nothing like working on the beach being fed fresh oysters
Curt M_1: i may actually start in panama and visit a few central countries first
Curt M_1: $XIV didn’t get the pop I wanted
sbrasel: whats your thought on $uslv for a few days? ma’s just broke 50 and 100?
Hedgehog Trader: yes for sure Curt
Hedgehog Trader: travel around, scout it out
Curt M_1: theres some real estate opps in nica cause of that canal
Hedgehog Trader: silver miners outperforming silver
Hedgehog Trader: $EXK one of my favs
quarryrock: more TLT more UVXY cs here
Hedgehog Trader: $SIL is a silver stock ETF that holds a variety
Hedgehog Trader: $MUX has a lot of silver exposure and 16% short interest
quarryrock: BOOM TLT HR
Spiegel: I was just in Panama at Christmas. Have been to all the Central American countries except El Salvador (which nobody cares about)
Hedgehog Trader: there is a dish from El Salvador i always buy at my local market
quarryrock: Filled on UVXY
Hedgehog Trader: papusas?
Curt M_1: $XIV gave the broker a hotdog for lunch
lenny: $MTBC poppin
quarryrock: thank Macys for this sell off folks
Curt M_1: 16.47 is your res on Silver imo near term – could come sooner so you have about .60 upside on $USLV I think is the translation until intra res
Hedgehog Trader: there is a beaten down gold explorer $GSV with like 8% short interest- i think one of the majors has a big stake in it about 14 days of short covering if it pops
Hedgehog Trader: i think it’s gone down like 16 days straight
quarryrock: nice good info USLV
Curt M_1: crazy
Hedgehog Trader: GSV is popping now
Hedgehog Trader: ha
Curt M_1: Stoch RSI on Silver near bottom so when it crosses up is likely the time to daytrade silver related $USLV etc
quarryrock: here goes SLW!
Curt M_1: on 60 min that is
ny75: just confirming what i learned here. fslr 20 crossed 200 on daily today. yes?
Curt M_1: i’ll check
Hedgehog Trader: hi ho silver
Hedgehog Trader: $GPL another nice silver turnaround play
ny75: Please also confirm on how you would manage entry as squeeze on daily has been green for a while. tia
quarryrock: lets rip some metals!!!
sbrasel: $ uslv jumped right after the answer thanks for that mojo Curt
Hedgehog Trader: silver spiking a bit now up 10c
Spiegel: oil breaking highs
Spiegel: 9:30 to 4 highs. Not 24 hour highs
Curt M_1: I would enter over the 200 MA on 3 min as long as it was over the previous 60 min candle high which is the horizontal purple line at 36.24 and MACD on 3 min is crossed up and I would give it no room to downside – tight stop until it works – -and increasing volume on 3 min…. that’s how I would enter
Hedgehog Trader: $ASM looks jiggy
Curt M_1: how I would pick my entry on a swing
Hedgehog Trader: 10c til resistance
Market Maven: lol you asked him hahahaha
Market Maven: when Curt enters swings he has a book of notes for 1
Market Maven: but it works
ny75: [thanks
Curt M_1: np
Curt M_1: some aren’t as gifted as u maven
Flash G: now that was a good one
lenny: sassy mm
Hedgehog Trader: ha
Curt M_1: next pop on $FSLR should come when 20 MA breaches 100
Curt M_1: on daily
Curt M_1: Market isn’t the easiest for swing set ups right now
Hedgehog Trader: yup
quarryrock: someone dumped $RH big
Spiegel: Even AAOI is down.
Curt M_1: long $USLV
Hedgehog Trader: there is a big technology metals mainly Lithium) conference in Toronto next week so keep an eye on LACDF, LAC.TO and ILC.V ILHMF
Curt M_1: thanks hedge
Curt M_1: Long $USLV 11.40 500
Hedgehog Trader: LACDF also finalized financial deal with Ganfeng Lithium today
Hedgehog Trader: if you want to shoot for the moon ILHMF and ILC.V is a tiny lithium stock 50% owned by insiders, including 18% by Ganfeng Lithium (30B mkt cap)
Hedgehog Trader: Ganfeng is spending 12M on one world class Argentina project JV with ILC
Spiegel: As a Canadian I can get behind that
Hedgehog Trader: Tesla is planning to open 3-4 battery factories by year end
Hedgehog Trader: and China is opening 3 in the next 3 months or so
Hedgehog Trader: ILC.V/ILHMF also has a JV with an Aussie explorer on a Northern Ontario project where they hit lithium a few weeks ago
Hedgehog Trader: Disclosure: I own ILC.V/ILHMF and have followed them for 5-6 years
Hedgehog Trader: and I’m meeting with ILC’s CEO in Toronto next wk
Hedgehog Trader: he’s a great deal maker
Curt M_1: Oils trying to break out of that quadrant hf
Bernard: yep. sure does look like it. let the machines loose!
Curt M_1: The wall has held so for (the orange uptrend dotted one) until now maybe – that would be very bullish if it gets past it.
Curt M_1: OPEC:)
Bernard: looking very likely it will break
quarryrock_1: took my SLW spoils
Spiegel: VRX doing really nice
lenny: $VRX is great looking
Market Maven: rough open imo
lenny: sucked
Glenn: agree
Curt M_1: Back at lunch:) Unless something is critically good:)
quarryrock: NVDA call holders retiring in Monaco
Spiegel: lol
Spiegel: they were actually pushing that on a free options board at ihub
Spiegel: yesterday before the big rise started
quarryrock: BTO $68.50 $MSFT Cs .23
Spiegel: NVDA calls I bought yesterday at 2.25 are now $7.85.
quarryrock: outstanding!
Spiegel: Sold one though with what I thought were great profits at the time.
quarryrock: i belive Mr Softy going to tamp
quarryrock: ramp
quarryrock: NVDA just momo crazy !!! wow
Spiegel: 🙂
Spiegel: Heading for $127
Spiegel: Feel like singing “Ain’t No Stopping Us Now.”
Spiegel: even SNAP has bouinced nicely off the lows
Spiegel: there goes 126 on NVDA
Spiegel: no signs of slowing down
Spiegel: Turkmenistan expected to join OPEC led oil supply cut
Curt M_1: On mic 12:10 just finishing cals.
Hedgehog Trader: wheeee
Tradergirl: hey guys, seeing some uvxy talk. is there a pref for uvxy over vxx? diff tax implications as i understand it?
Spiegel: I think uvxy is 2X where as vxx is only 1X
Spiegel: TVIX also 2X
Tradergirl: right, does one decay faster than the other? any tax stuff?
Spiegel: I just thought profit was profit was profit. Plus I’m canadian so can’t help you with American taxes
Tradergirl: thx S, ya never even thot abt taxes b4 then read smthg abt diff vix products/taxes, always with the taxes looool
Curt M_1: Bck in office 2 mins on mic sorrt>>>>>
Market Maven: no prob”:)
quarryrock: you get a K1 tax form for UVXy
Leanne: Speigal! another Canadian.
Tradergirl: leanne, fellow cdn here too, but transplant 🙂
Leanne: we take transplants!
Tradergirl: haha, was up north visiting sis last summer, misssssss it
Tradergirl: thanks qr, yes they were talking abt k-1s
Spiegel: Ecuador on my list to travel too. Was going to do a South America tour this summer but switched it to USA
Spiegel: Ben to Nicarague. Don’t forget to check out Ometepe – the island with a volcano on it.
Leanne: Thank you
Tradergirl: wow L
Leanne: I debated AMBA or DQ yesterday. Went with DQ
Spiegel: where do I go on twitter for that?
Tradergirl: missed grek too RATS
Leanne: I missed GREK also.
Tradergirl: slam some ouzo with me leanne
Leanne: YES!!! love ouzo, straight from the freezer nice and chilly
Tradergirl: y 🙁 had position, didn’t want to hold o’er earnings, awful fail on my part
Leanne: reminds me of a long time ago in Mexico on top of a bar
Tradergirl: what happens in mexico stays….
Spiegel: So I’m following your Swing Trading app. Do I just enable push notifications and that’s it?
Spiegel: NVDA and VRX are stars of the day
Flash G: Thanks Curt. I like that $JASO chart too.
Curt M_1: No Problem. Off mic 1:09 PM getting set up for afternoon session – NEED SOME BIG ONES FOR TRADINGING CHALLENGE
Bernard: hi Tradergirl. Do I remember you saying yesterday that silver and oil generally move in same direction?
Curt M_1: I’ll bring up a chart for ya
Curt M_1: damn maybe I wont
Curt M_1: Theres USOIL and Silver
quarryrock: curt we should have just bought NVDA 2 weeks ago and gone fishing
Curt M_1: so true
Bernard: very interesting correlation, Curt.
Curt M_1: you know you have a point quarry
Curt M_1: thats why time of year I’m getting more serious about swings…. between now and fall swings and oil because of time of year seasonality
Curt M_1: I think oiil reacts first then Silver
Bernard: yeah, perfect time for the 24 hr trade room
Curt M_1: well not all through the chart thats not true
Curt M_1: ya for sure
Bernard: trying to sign up now
quarryrock: had a great am today so im decidely green – but no way i double my 20k. lookig just over 5ish now
Bernard: do I use bundle epic oil algo under subscriptions?
Curt M_1: added gold in the mess to that chart lol
quarryrock: took hits in KSS common and TGT c’s made a killing on GDX TLT UVXY Cs
Curt M_1: ask that question another way Bernard not sure I understand
Bernard: when I go to compountrading.com –> subscriptions, which one do I choose to sign up for the 24 hr oil trade room?
Curt M_1: oh let me check
Curt M_1: I’m not very up on it
Bernard: ok
Curt M_1: theres a promo code for existing members fyi
Bernard: yeah. I got the email. 🙂
Curt M_1: this is a good test for the site lol
Curt M_1: ya so its not very clear lol but its the bundle
Bernard: awesome. just wanted to be sure. thanks
Curt M_1: no prob
Flash G: That is where OILK and I did it too
Flash G: Hey Spiegel no OTCs?
Flash G: Curt needs a bone
Spiegel: Not an
Spiegel: OTC type day
Spiegel: It’s a VRX or NVDA calls type day
Curt M_1: a bone lol
Curt M_1: ruf
Spiegel: lol – no bones today. Maybe your dog is hiding one?
lenny: ha
lenny: hes a funny dog his name is monkey i met him
lenny: Did Ackman really short VRX at 831?
Market Maven: The squeez on $VRX should cool but when it pulls back and goes again I will probably scale in HAYUGE
Flash G: Closing $MACK long
Flash G: My wife just asked me if I was going to close my $NVDA position soon. I looked at her like she was from Pluto. $NVDA $GOOGL and $AMZN I will never sell.
Curt M_1: Taking it with ya lol
Flash G: Put the scotch in there also Curt.
Curt M_1: Great call all the way alog Flash – you convinced me – it took a while but obviously you’ve been right
lenny: Hey Curt how much time are you putting in to that oil room yourself personally?
Curt M_1: Likely 6 – 8 hours a day
Curt M_1: Higher frequency trades like 10 a day kind of thing
Flash G: $IMMU highs. I missed that one.
lenny: $WDC active now
quarryrock: nice day for $RGLD
quarryrock: here comes AAPL to ramp it all green
quarryrock: in $UVXY $12.50 puts
quarryrock: might as well help smash the volatility for power hour
Market Maven: yup
Hedgehog Trader: $AG silver stock rocking, very leveraged to silver
Market Maven: Watching $AMDA here and $UVXY
quarryrock: well have a nice night folks. looks like things pretty much pinned
Hedgehog Trader: take care Quarry you rocker
Flash G: TTY QR
quarryrock: lol thanks
Sandra: Yup looks over and odne
Curt M_1: Oil isn’t exactly strong.
Shafique: You can say that again
Hedgehog Trader: my morning $ASM call is good- went up 10c to resistance
Sandra: nice
Market Maven: $SNAP radical, I guess it was coming
Curt M_1: Nice melt up on $SGMO
Shafique: well that was a profitable day:) have a great night everyone
Market Maven: c ya dude

 

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Article Topics:  $BRNE, $USLV, $XIV – $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 Chat Room Stock Trading Plan and Watch list for Thursday May 11, 2017; $MSLI, $UVXY, $NUGT, $USLV, $BRNE, $AMBA, $EOG, $COTY, $FSLR, $JASO  – $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notes in red text below are new comments entered specifically today.

Notices:

Today’s Live Trading Room Link:  http://compoundtrading1.clickmeeting.com/livetrading

Midway thru day 8 of two week 20k double small account trading challenge +6750.00 ?? 2.5 days left, runway real short #tradingchallenge

Most recent lead trader blog posts:

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports will be out soon.

Most recent Keep it Simple Swing trade Charting (MACD, MA, Stoch RSI, SQZMOM focus):

Trading Plan (Buy, Hold, Sell) and Watchlists:

Morning momentum stocks on watch so far: $MSLI, $SGMO, $PED

Bias toward / on watch: Swings, Gold, Silver, Volatility, etc.  $UVXY, $NUGT, $USLV, $BRNE, $AMBA, $EOG, $COTY, $FSLR, $JASO

Markets: $SPY $ES_F $SPX trending sideways but also toward upward price extension of our SPY algo, $GLD, $GDX, $SLV Getting some lift here. $USOIL, $WTI is up over one important resistance and testing another now. $DXY is testing critical support area $VIX is continuing with a hard time with a heart beat.

OTC on watch: $BRNE (I hold), $ELED, $PVCT and $LIGA (I hold),$AMLH and $BLDV $UPZS $OPMZ $MMEX $ACOL $BVTK $USRM $ORRV $JAMN $PFSD

Gaps to Watch: 

Recent Momentum Stocks to Watch: $MTBC

Stocks with News: 

SEC Filings to Watch: 

Short Term Trader’s Edge: $JASO Golden Cross, $NVDA, $TRIP, $YELP (earnings action)

Holds: Most holds are small to mid size (less than 5% of daytrading account) holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA, $PVCT

Various Chart Set-ups on Watch: $AMBA, $EOG, $COTY, $FSLR, $AAOI, $HIIQ, $TSLA, $NVO, $CTSH, $LACDF (will cover in mid day review)

$MSLI Premarket trading 1.38 +80% on news

$MSLI, premarket, trading, plan, stocks

$MSLI Premarket trading 1.38 +80% on news

Market Outlook :

Looks like clear skies on deck .Watch those large and mega caps – when they stall things could change. And don’t forget our $SPY algo warned about recent highs.

Per recent reports:

There are significant resistance clusters above recent highs in oil and the S&P so I will be very cautious to upside going forward until recent highs are taken out and confirmed. I see significant upside challenges in Oil and SPY with most recent highs being taken out.

Market News and Social Bits From Around the Internet:

6:25am

William Dudley Speaks

8:30am
-Jobless Claims
-Core PPI (Apr)

10:30am
NatGas #’s

$MNKD Piper reiterates Underweight. PT 54c

Verizon Outbids AT&T for 5G Tech Firm Straight Path $STRP $VZ $T

Cisco buying AI company for $125M https://seekingalpha.com/news/3266411-cisco-buying-ai-company-125m?source=twitter_sa_factset … #premarket $CSCO

$STRP shares plunging premarket 20.4%

Synthetic Bio’s ribaxamase a Breakthrough Therapy for prevention of C. diff infection; shares ahead 30% premarket

MACY’S DROPS 4.9% AFTER 1Q COMP. SALES MISS ESTIMATES

Merck stock rises 2% premarket after new Keytruda lung cancer approval

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 their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

The algorithm Twitter feeds can be found here:$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 and lead tech developer @hundalSHS.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter 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 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 : $MSLI, $SGMO, $PED, $SYMX $APRI $LPSN $IPFI $HPJ $FOXA $NTES $TVIX $UWT $JNUG $UVXY $UGAZ $NUGT $USLV  I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List :$SPY $XIV $DGAZ $DWT $JDST $DUST $M $SNAP $ITUS $STRP $HOLX $CTRP $SYMC $MNKD $NYRT $PIRS $KSS I will update before market open or refer to chat room notices.

(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 $WTI ($UWTI, $DWTI, $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, $XIV)

(5) Upgrades:    as time allows I will update before market open or refer to chat room notices.

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

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

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

Article Topics: $MSLI, $UVXY, $NUGT, $USLV, $BRNE, $AMBA, $EOG, $COTY, $FSLR, $JASO – $PVCT, $LIGA, $MGTI, $ONTX, $SSH, $LGCY, $TRCH, $ESEA – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD


Compound Trading Chat Room Stock Trading Plan and Watchlist for Friday April 28, 2017;  $SLV, $USLV, $AMLH, $RTIX, $BLMN, $SNAP, $JUNO, $GREK, $UAA – $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notes in red text below are new comments entered specifically today.

Notices:

Last week Thursday, Friday and Monday post market reports will be out soon (we’re a little behind with processing reports).

Today’s Live Trading Room Link: https://compoundtrading.clickmeeting.com/livetrading 

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

Most recent lead trader blog posts:

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

The Quarterly Swing Trading Performance Review P/L. The Algorithms Quarterly Performance Reports are being compiled as I write and will be posted soon.

Most recent Keep it Simple Swing trade Charting (MACD, MA, Stoch RSI, SQZMOM focus):

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

Trading Plan (Buy, Hold, Sell) and Watchlists:

Morning momentum stocks on watch so far: End of month flows today…watch your stops!

Markets: $SPY $ES_F $SPX mid range floating, $GLD, $GDX, $SLV are getting a bump in overnight trade. $USOIL, $WTIC is getting a bit of a bump like I expected in yesterday’s report but it is still under significant pressure and continues in a downward channel. $DXY under continued pressure as is $VIX.

Our futures

Commodities

Active OTC on watch: $PVCT and $LIGA (I hold),$AMLH vol picking back up and EOD action Thursday was awesome and it has filings on top of that near close could get explosive again.  and $BLDV $UPZS $OPMZ $MMEX $AMLH $ACOL $BVTK $USRM $ORRV $JAMN $PFSD

$AMLH Premarket. Closed strong yesterday and recent filings. OTC #trading

Gaps to Watch: $UAA – major down pressure with upside gap to fill.  

Stocks with News: $BMRN

SEC Filings to Watch: NASDAQ | SEC Filing $RXII “not less than 1-for-2 and not greater than 1-for-40,” http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=12019637&RcvdDate=4/27/2017&CoName=RXI%20PHARMACEUTICALS%20CORP&FormType=DEFA14A&View=html …

Short Term Trader’s Edge: #SILVER $SLV $USLV Silver I am thinking runs in to early next week.

Holds: Most holds are small to mid size holds in this order according to sizing: $ONTX, $SSH, $LGCY, $TRCH, $ESEA, $MGTI, $LIGA, $PVCT

Various Chart Set-ups on Watch: $UNP, $LL, $MACK, $AGN, $CRM, $BRE, $RARE

Break-out Chart Set-Ups: $YNDX Buy on dips, $SSW has a resistance break-out, $HF, $CRY, $NOK.

Moving Averages Chart Set-Ups: $RTIX, $BLMN, $SNAP, $JUNO, $GREK, $UAA (20 MA about to cross up 50 MA)

Market Outlook :

S&P 500 – Failure at the swing (RSI), if they go after 2400 today – 401K distribution Monday, Apple buy backs on Tues and Wed. Fed decision.

Per recent reports:

There are significant resistance clusters above recent highs in oil and the S&P so I will be very cautious to upside going forward until recent highs are taken out and confirmed. I see significant upside challenges in Oil and SPY with most recent highs being taken out.

Market News and Social Bits From Around the Internet:

8:30am
-GDP

9:45am
Chicago PMI

10am
Consumer Sentiment

1pm
BHI Rig #

1:15pm
Fed Brainard Speaks

2:30pm
Fed Harker Speaks

Royal Caribbean’s stock climbs 1% premarket after Q1 results

Ford’s stock gains premarket as recalls ding earnings that still beat fo.. Related Articles: http://bit.ly/2pFUCqW

ExxonMobil shares up 1.1% premarket

Exxon Mobil beats by $0.08, misses on revenue https://seekingalpha.com/news/3261234-exxon-mobil-beats-0_08-misses-revenue?source=twitter_sa_factset … #premarket $XOM

$WDC – Wells Fargo downgrades Western Digital (NASDAQ:WDC) from Outperform to Market Perform.

$BMRN receives FDA approval,

Qualcomm -4% on Apple-related profit warning https://seekingalpha.com/news/3261214-qualcomm-minus-4-percent-apple-related-profit-warning?source=feed_f … #premarket $QCOM

$SBUX down 5% #premarket

Oof. Time Inc. says it isn’t for sale. Many thought it would be bought. $TIME plunges 20% #premarket.

Ouch! Qualcomm cuts Q3 fiscal guidance as Apple holds back royalties – http://cnbc.com/id/104427517

$GM ?? +2.35% 41.2B vs 40.752B Est. 1.72 adj vs. 1.48 #premarket #earnings

Premarket: Global stocks pause near record highs on Trump policies http://trib.al/omB6HJj From @GlobeInvestor

#5things
-GDP day
-Trump’s North Korea warning
-Britain unites EU
-Markets flat
-Oil earnings due
https://bloom.bg/2pt4ZgU

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 their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

The algorithm Twitter feeds can be found here:$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 and lead tech developer @hundalSHS.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter 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 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 : $WDC, $SWN, $GOOGL, $MTL $GOOG $SPH $UBS $AMZN $RBS $CNHI $JNUG $MT $GM $SAN $NUGT $VALE $MU $RIO $RIG I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List:  $BIDU $ATHN $GIMO $SBUX $JDST $QCOM $SYF $FCEL $TIME $STAY $DUST $SNCR $SWKS $EXPE $DWT I will update before market open or refer to chat room notices.

(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 $WTI ($UWTI, $DWTI, $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, $XIV)

(5) Upgrades: $CHKP $IVC $BOKF $LPLA $ALGN $WDC $URI $SAM  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $GWB $AOS $AAWW $BMS $AMZN $EFX $GIMO $MMLP $ALLE $CHDN $ZBH $TEX $COLM $EXPE $AVT $ENTG $X as time allows I will update before market open or refer to chat room notices.

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

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

Article Topics: $SLV, $USLV, $AMLH, $RTIX, $BLMN, $SNAP, $JUNO, $GREK, $UAA  – $PVCT, $LIGA, $MGTI, $ONTX, $SSH, $LGCY, $TRCH, $ESEA – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD


Silver Trading Chart Update Wednesday Mar 8, 2017 $SLV ($USLV, $DSLV) Chart and Algorithm Observations

My name is SuperNova the Silver Algo. Welcome to my new Silver trade report for Compound trading.

Current Silver Trade

A quick mid-week chart update to keep you in the loop with some of the levels our developers / traders are watching in the trade of Silver / and will be watching during trade.

In a recent chart (email post to members not in a public blog post) I explained at the orange circle (the end of the dotted white line in uptrend) that this was an extension area (price target) that was likely to fail. It has.

Now that price has failed at the price target, the next indicator to watch is the 100 MA crossing the 200 MA on this chart. The blue line crossing the pink line. If this occurs, there is an 87% chance Silver will see new lows (at which time I would update the chart and notify members).

You also want to watch to price levels, the first is at the orange arrow on the chart below at 17.293 and the other at 17.153. If price loses the orange arrow and stays under for a complete trading day and the cross-over above has occurred, there is then a 92% chance Silver will trade much lower (again I would update).

If price loses the red arrow and has lost the MA cross-over there is then a 97% chance Silver will trade significantly lower.

As price confirmation progresses I will update members.

SuperNova $SILVER algorithm chart modeling 652 AM Mar 8 $SLV $USLV $DSLV

Live Silver Trading Chart: https://www.tradingview.com/chart/SILVER/F2FXc7Qy-SuperNova-SILVER-algorithm-chart-modeling-SLV-USLV-DSLV/

SuperNova, Silver, Algorithm, Chart

SuperNova $SILVER algorithm chart modeling 652 AM Mar 8 $SLV $USLV $DSLV

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

SuperNova Silver Algo

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


Silver Trading Chart Update Tuesday Jan 31 $SLV ($USLV, $DSLV) Chart and Algorithm Observations

My name is SuperNova the Silver Algo. Welcome to my new Silver trade report for Compound trading.

Current Silver Trade

A quick mid-week chart update to keep you in the loop with some of the levels our developers / traders are watching in the trade of Silver / and will be watching during trade on Tuesday.

All decisions remain the same, however, there are some recent anomalies we are watching which lead us to believe a possible trend change MAY occur.

The most interesting thing in Monday trade is that Silver did not get up over its current upside resistance – which could be a “tell”.

The various Fibonacci levels our traders are watching are included on the chart below also.

Further more detailed updates will follow this week when a decision is made. For current decisions and charting please refer to my previous post to get brought up to date.

Silver trading worksheet. $SILVER intra-day algo chart worksheet 547 AM Jan 31 $SLV $USLV $DSLV

Live Silver Trading Chart: https://www.tradingview.com/chart/SILVER/7mx8qDkH-SuperNova-Silver-Algo-Member-Chart-SLV-USLV-DSLV/

Silver, SuperNova, Algo, Chart

Silver trading anomoly worksheet. $SILVER intra-day algo chart worksheet 547 AM Jan 31 $SLV $USLV $DSLV

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

SuperNova Silver Algo

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


Silver Trading Chart Update Jan 30 $SLV ($USLV, $DSLV) Chart and Algorithm Observations

January 30, 2017 SuperNova Silver Algo Charting Trading Report.

My name is SuperNova the Silver Algo. Welcome to my new Silver trade report for Compound trading.

Current Silver Trade

This is just a quick chart update to keep you in the loop with some of the levels our developers / traders are watching in the trade of Silver / and will be watching during trade on Monday. All decisions remain the same, however, there are some recent anomalies we are watching which lead us to believe a possible trend change MAY occur. Further more detailed updates will follow this week when a decision is made. For current decisions and charting please refer to my previous Silver charting post to get brought up to date.

Silver Trading Chart Update Jan 30 $SLV ($USLV, $DSLV) Chart and Algorithm Observations

$SILVER, $SLV, Chart

Silver Trading Chart Update Jan 30 $SLV ($USLV, $DSLV) Chart and Algorithm Observations

https://www.tradingview.com/chart/SILVER/zlY1yWSq-Silver-trading-anomoly-worksheet-SILVER-intra-day-algo-chart-w/

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

SuperNova Silver Algo

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


My Stock Trading Plan for Wednesday Jan 25, 2017 in Trading Chat room.$URRE $GSAT $BIOC $ACAT, $LOGI, $NEWR  – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Per previous;

https://twitter.com/CompoundTrading/status/823791504602710016

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Current Holds:

All very small positions – $ROKA, $TRCH, $ESEA, $CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

Looks like Gold is trying to get up off the mat – yet to be confirmed. $DXY and $USDJPY still wildcard. $VIX is getting crushed to lows as I expected. $SPY got lift as expected. $GDX surprisingly resilient – careful, if market gets idea that Trump not going to help miner’s like market thinks whoompf.

Rosie the Gold Algo, EPIC the Oil Algo and the others couldn’t be more dialed in so that’s fantastic.

Per yesterday;

This could be start of turn in many areas. Looks like some bio runner momos and Gold, Silver and other metals active and close to test. $SPY rangebound but with earnings we could go here. $DXY could be at interim support.

Per previous;

My general bias (as a trader – not algo math) is for the market to be somewhat flat or deflate prior to Jan 20 inauguration, Gold and Silver to get further lift but back off between Wednesday afternoon and Monday. After the inauguration my bias is toward Gold and Silver getting punished when the Trump train gets moving again (no telling if this will be days or weeks or even a few short months). But I do think Trump will crush Gold, Silver etc and the $VIX at some point. The $VIX I will be watching close. Oil I think has headwinds. Natural Gas I am continuing to watch. Smaller Gold / Silver / Oil companies and Shippers / Greece I am watching very close also. But of course with Brexit in the news, the OPEC situation and inauguration I am going to stay very nimble and likely trade volatility and Gold related most of the week.

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo Watch:  $URRE $GSAT $BIOC $ACAT, $LOGI, $STX, NEWR

$NEWR, Stocks, Trading Plan, Premarket

$NEWR PREMARKET – Stock Market Trading Plan

General Motors a top pick at Morgan Stanley http://seekingalpha.com/news/3237358-general-motors-top-pick-morgan-stanley?source=feed_f … #premarket $GM

PetroChina issues profit warning, names new CFO http://seekingalpha.com/news/3237353-petrochina-issues-profit-warning-names-new-cfo?source=twitter_sa_factset … #premarket $PTR

LendingClub +1% as Morgan Stanley sees 35% upside http://seekingalpha.com/news/3237344-lendingclub-plus-1-percent-morgan-stanley-sees-35-percent-upside?source=twitter_sa_factset … #premarket $LC

Disappointing quarter from Textron http://seekingalpha.com/news/3237360-disappointing-quarter-textron?source=feed_f … #premarket $TXT

$LOGI (+13.9% pre) Logitech Posts Striking Q3 Earnings Beat; Shares Up

BA Q4 revenue $23.29BN, Exp. $23.53BN,
EPS. $2.59, Exp. $2.34

MBA Mortgage Apps
7:00 AM ET

House Price Index
9:00 AM ET

Petroleum Status Report
10:30 AM ET

If you are new to our trading service you should review recent blog posts, our 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 their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Gainers: $ACAT, $LOGI, $STX , $NEWR, $WDC $AA $SAN $RAD $FNSR $CENX 

I will update before market open or refer to chat room notices.

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

(3) Other Watch-List: $NG, $URRE, $AUMN, $GLDD, $EGI, $UEC, $GSS, $GPL, $MNGA, $LTBR, $XRA, $AUY, $NAK  are on my watchlist.

(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 $WTI ($UWTI, $DWTI, $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, $XIV)

(5) Upgrades: $AA $PKG $IP $MPEL $STAY $PSXP $HCP $ABB $I $VALE $JBLU $CTL $NE $RIG $AEO $CSX $OKSB $STAY as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: $COH $JCOM $VZ $OKE $SFNC $COH $BT $LUV $AKS $KATE $BPOP $CONE $PII $TEN $FITB $H $VOD as time allows I will update before market open or refer to chat room notices.

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

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

Article Topics: $URRE $GSAT $BIOC $ACAT, $LOGI, $STX, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


My Stock Trading Plan for Tuesday Jan 24, 2017 in Trading Chat room.  $MPSX, $IDXG, $NAK, $REXX, $TNXP – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session!

Notices:

Per previous;

https://twitter.com/CompoundTrading/status/823791504602710016

Feature Post: “Why our Stock Algorithms are Different than Most“. If you are using our algorithmic model charting it is a must read.

Review: If you are not reviewing the post market trading results along with this please do so. We assume our trading room subscribers review it everyday. There is often information applicable to and not included in this premarket report. You will find the post market trading result reports on our blog daily.

New Service Options: We now also offer a stand-alone trading room option now vs. bundle incl. trading room, premarket newsletter, alerts). Plans from $1.22 per day w/ promo code.

New Service Options: EPIC the Oil Algo now has an Oil Report only option vs. bundle w/ 24 hr trading room. Plans from $4.10 per day w/promo code.

New Service Options: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.

Current Holds:

All very small positions – $ROKA, $TRCH, $ESEA, $CBMX, $JUNO, $DUST (looking for a way out on $DUST – was expecting one final significant spike in USDJPY before drop). $CBMX and $JUNO are holds till spring if necessary (you would have to do your own DD on the companies and make your own determination).

General Market Outlook:

This could be start of turn in many areas. Looks like some bio runner momos and Gold, Silver and other metals active and close to test. $SPY rangebound but with earnings we could go here. $DXY could be at interim support.

Per previous;

My general bias (as a trader – not algo math) is for the market to be somewhat flat or deflate prior to Jan 20 inauguration, Gold and Silver to get further lift but back off between Wednesday afternoon and Monday. After the inauguration my bias is toward Gold and Silver getting punished when the Trump train gets moving again (no telling if this will be days or weeks or even a few short months). But I do think Trump will crush Gold, Silver etc and the $VIX at some point. The $VIX I will be watching close. Oil I think has headwinds. Natural Gas I am continuing to watch. Smaller Gold / Silver / Oil companies and Shippers / Greece I am watching very close also. But of course with Brexit in the news, the OPEC situation and inauguration I am going to stay very nimble and likely trade volatility and Gold related most of the week.

Early in 2017 I will be watching very closely bonds, $USDJPY, markets in general for direction (of course there are hundreds of variables).

Metals, energy and financials are three areas I am looking to for 2017 for trading margin – with bio in fourth place on my list. And per previous we’re expecting some action in bonds to the upside a high probability.

As a trader, it is the margin / volatility I am focused toward and getting on the right side of a market / sector turn and scaling in to that.

All algos (Oil, SPY, Gold, Silver, Dollar, VIX) have hit their targets now (long term since July and short term) so we are running calculation targets for all six algos for all time charting time-frames and expect these reports to start rolling out first week of January 2017.

Morning Momo / News Bits:

Momo: Gainers: $MPSX, $IDXG, $NAK, $REXX, $TNXP

$IDXG, PREMARKET, Trading Plan

$IDXG PREMARKET

Redbook
8:55 am

PMI Manufacturing Index
9:45 am

Existing Home Sales
10:00 AM

Richmond Fed Manufacturing Index
10:00 AM

Janus misses lowest estimate: 4Q adj. EPS 20c, est. 24c, range 22c-27c

Barclays downgrades AAPL to Equal Weight, cuts PT from $119 to $117

$PLUG Plug Power Exceeds 2016 GenDrive Deployment Goals https://globenewswire.com/news-release/2017/01/24/910309/0/en/Plug-Power-Exceeds-2016-GenDrive-Deployment-Goals.html …

Du Pont Q4 Revenue $5.2Bn, Exp. $5.25Bn;
GAAP EPS $0.29; Non-GAAP EPS $0.51, Exp. $0.42

Tableau Software upgraded to Buy at Citi http://seekingalpha.com/news/3236966-tableau-software-upgraded-buy-citi?source=twitter_sa_factset … #premarket $DATA

KB Home downgraded to Underperform at Raymond James http://seekingalpha.com/news/3236965-kb-home-downgraded-underperform-raymond-james?source=feed_f … #premarket $KBH

TG Therapeutics’ TG-1101/TG-1202 combo an Orphan Drug for DLBCL http://seekingalpha.com/news/3236962-tg-therapeutics-tgminus-1101-tgminus-1202-combo-orphan-drug-dlbcl?source=feed_f … #premarket $TGTX

D.R. Horton +2.6% after pleasing FQ1 results http://seekingalpha.com/news/3236959-d-r-horton-plus-2_6-percent-pleasing-fq1-results?source=feed_f … #premarket $DHI

Baird likes Amicus, sees 87% upside http://seekingalpha.com/news/3236952-baird-likes-amicus-sees-87-percent-upside?source=feed_f … #premarket $FOLD

$BABA up more than 4% #premarket on solid #s. Booming cloud revenue.

WestRock acquires Multi Packaging Solutions http://seekingalpha.com/news/3236948-westrock-acquires-multi-packaging-solutions?source=feed_f … #premarket $WRK $MPSX

Johnson & Johnson revenues up 2%; earnings up 20%, non-GAAP EPS up 10% in Q4 http://seekingalpha.com/news/3236945-johnson-and-johnson-revenues-2-percent-earnings-20-percent-non-gaap-eps-10-percent-q4?source=feed_f … #premarket $JNJ

Lockheed Martin beat on earnings and revenue. Solid sales for F-35, Trump’s favorite plane. But lowered outlook. $LMT down 1.5% #premarket.

Verizon down 2.5%; earnings and postpaid net adds disappoint http://seekingalpha.com/news/3236940-verizon-2_5-percent-earnings-postpaid-net-adds-disappoint?source=feed_f … #premarket $VZ

Ford to launch auto parts brand for all cars http://seekingalpha.com/news/3236969-ford-launch-auto-parts-brand-cars?source=twitter_sa_factset … #premarket $F

If you are new to our trading service you should review recent blog posts, our 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 their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). . Our lead trader Twitter feed is here @curtmelonopoly, lead developer @hundalSHS, and newest trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: Gainers: Gainers: Gainers: $MPSX 24%, $IDXG 18%, $NAK 11%, $REXX 11%, $TNXP 10%, $RMD 7%, $GPRO 5%, $PLX $PLUG $CTIC $FCAU $UGAZ $BABA $GLBS

I will update before market open or refer to chat room notices.

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

(3) Other Watch-List: Novagold $NG, $URRE, $GREK are on my watchlist.

(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 $WTI ($UWTI, $DWTI, $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, $XIV)

(5) Upgrades:$CXP $DATA $ALSN $FOLD $CALA $OMAB $TV $MKSI $CF $MOS $POT $AGU $SLGN  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades:$WATT $MSTR $CCRN $AMN $ESS $PFGC $KBH $DIN $AAPL $NK $HUM $LNT $SCG   as time allows I will update before market open or refer to chat room notices.

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

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

Article Topics:  $MPSX, $IDXG, $NAK, $REXX, $TNXP, $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $CBMX, $JUNO, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD, $NG_F, $SLV, $GLD, $DXY, $XAUUSD, $GC_F


Silver Trading Chart Update Jan 24 $SLV ($USLV, $DSLV) Chart and Algorithm Observations

January 24, 2017 SuperNova Silver Algo Charting Trading Report.

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

How My Algorithm Works and Availability:

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

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

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

Today’s Report:

Today we are only covering (presenting to you) some basic indicators for consideration as there is a decision lining up in Silver. When the decision is made toward ascending or descending direction of trade I will publish the algorithmic modeling including trading quadrants, time / price cycles, trade price targets and more.

A Quick Review:

The most recent turn from the bottom, I called – many weeks in advance. And now? I see a major imminent test to this uptrend.

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

Silver Trading Observations:

At time of writing Silver is trading at 17.11. Some thoughts that may help advance you trading edge;

$SILVER, Algo, Chart

$SILVER intra-day algo chart worksheet 612 AM Nov 29 $SLV $USLV $DSLV

The Relationship Between the 20 MA and the Price of Silver

$SILVER, 20 MA, Chart

20 MA and Price Action. $SILVER intra-day algo chart worksheet 551 AM Jan 24 $SLV $USLV $DSLV

30 MA ,Close Up, Silver

20 MA and Price Action close-up. $SILVER intra-day algo chart worksheet 605 AM Jan 24 $SLV $USLV $DSLV

MACD, Chart Bot, 20 MA. $SILVER intra-day algo chart worksheet 617 AM Jan 24 $SLV $USLV $DSLV

MACD, Chart, Bot, SILVER, Algo

MACD, Chart Bot, 20 MA. $SILVER intra-day algo chart worksheet 617 AM Jan 24 $SLV $USLV $DSLV

July 20 2016 100 MA loss on 4 Hour Chart $SILVER intra-day algo chart worksheet 617 AM Jan 24 $SLV $USLV $DSLV

100 MA, 4 Hour, Chart, Silver, Algo

July 20 2016 100 MA loss on 4 Hour Chart $SILVER intra-day algo chart worksheet 617 AM Jan 24 $SLV $USLV $DSLV

MACD, Silver

MACD on July 20 2016 vs now $SILVER intra-day algo chart worksheet 617 AM Jan 24 $SLV $USLV $DSLV

Simple Symmetry with an Anomaly – Election? $SILVER intra-day algo chart worksheet 649 AM Jan 24 $SLV $USLV $DSLV

SILVER, CHart, Symmetry

Simple Symmetry with an Anomaly – Election? $SILVER intra-day algo chart worksheet 649 AM Jan 24 $SLV $USLV $DSLV

Simple Fibonacci, Symmetry and Anomaly – Election? $SILVER intra-day algo chart worksheet 700 AM Jan 24 $SLV $USLV $DSLV

Fibonacci, Symmetry, Silver, Algo

Simple Fibonacci, Symmetry and Anomaly – Election $SILVER intra-day algo chart worksheet 700 AM Jan 24 $SLV $USLV $DSLV

Indicators:

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

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

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

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

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

SuperNova Silver Algo

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