Compound Trading Premarket Trading Plan (Trade Alerts, Stock Market News & Chart Set-Ups) Wednesday November 21, 2018.
In this premarket trading edition: EIA, Oil, $WTI, Natgas, $DGAZ, Equities Bounce, Low Float, Penny Momo and more.
Welcome to the morning Wall Street trading day session at Compound Trading Group.
Notices:
Notes in red text in this report are more recently important.
Scheduled Events / Platform Development / Team Work in Progress:
- Nov 21 – Lead trader in attendance to live trading room at open, EIA, mid day review and as required through the day.
- Nov 12 Member Update (click) Trade Service Updates: Machine Trade, Trade Alerts, Live Trading, Reporting, Coaching etc.
- Trade Coaching Boot Camp Cabarete Nov 30 – Dec 2, 2018 Winter Sessions Sell Out Fast (it is warm here after-all) so act fast if you plan to be here with us! https://compoundtrading.com/trade-coaching-boot-camp-cabarete-nov-30-dec-2-2018/.
- Live Trading Room (as lead trader is available) is a 24 hour trading room (regular sessions and futures, with 1 hour breaks every 10 hours for server reboots) live recorded trading with Lead Trader. Exceptions include; Trade Coaching Boot Camps, Special Trading Webinars and when Lead Trader is not available.
- Team Work in Progress:
- Machine trading signals to be fed in to main trading room.
- New pricing to be published representing next generation algorithm models (existing members no change).
- Next generation algorithm models roll out (machine trading Gen 1).
- Trading Profit and Loss to be Published for Q1, Q2, Q3 2018 (a report detailing trading / alert performance of our team).
- Previously recorded Trading Boot Camp Event videos to become available on Compound Trading website.
- Previously recorded Master Class Videos will become available for download on website.
- New Trading Boot Camp Events to be announced
- 1 day Bootcamps in November / December 2019 for each of the seven trading models and swing / daytrading – 8 in total to be announced (online only).
- Sept 18 – Raw Trading Boot Camp Videos were emailed to members (new members inquire for copy).
- Sept 18 – Previously recorded Master Class Series were emailed to members (new members inquire for copy).
Premarket Report: Per lead trader availability basis only (the pre-market reports are not published every market day – they are a way for our team to communicate with our member clients and update market conditions when time allows).
Private Member Discord Server Chat Rooms: BE SURE to get in to each private Discord server specific to your specific subscription type (bundles) – many of the updates as we go forward will be posted in there and detailed trading plans for alerted trades are often discussed by our lead trader in the rooms. This includes the SWING TRADING platform also. IF YOU NEED A LINK / INVITE email us.
Real-time Trade Alerts:
Real-time Trade Alerts for Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds.
Oil Trading Alerts, Swing Trading Alerts, Day Trading Alerts, Bitcoin Trading Alerts.
Disclaimer / Disclosure, Terms of Use:
Blog / Video / Social Posts / Learn to Trade:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Some Recent Chart / Trade Set-Up Reports:
See YouTube, member email direct reports and blog for other recent videos or blog posts. Listed from most recent. Much of the premium member reporting posted below is delayed and may or may not require password.
Oct 28 – Crude Oil Trading Strategy | Technical Analysis & Guidance.
Oct 23 – Crude Oil Trading Strategy: Career Trade Set-Up. Technical Analysis Trading Room w/ Video.
Oct 20 – Crude Oil Algorithmic Trading: A Simple Strategy That Wins – Real Life Example.
Oct 17 – Daytrading Crude Oil: Buy Sell Signals Strategy for Intra-day Sell Off Reversal.
Oct 15 – Crude Oil Trading Strategies: This Is It. How To Trade Crude Oil’s Next Move.
Oct 8 – Crude Oil Trading Strategy – How I Will be Trading Oil in to Time Cycles.
Oct 7 – How I Will Be Trading Bitcoin in to Increased Volatility (We Expect) Next Two Quarters.
Oct 4 – Day Trading: Trading Momentum Stocks With A Catalyst Using Technical Analysis. Case Example $ROKU.
Oct 2 – Swing Trading Alerts (w / video) VIX, Gold, Silver, Tesla $TSLA, $LEVB, $BTC, $EDIT, $PYX and more.
Oct 3 – Oil Trading Room – Oil Trading Signals with Lead Trader (plus video).
Sept 25 – Crude Oil Trading Room – Member Oil Trade Signals / Alerts for Trading the EIA Report (w/ video)
Recent Educational Articles / Videos:
I get a lot of Questions on How to Trade our Structured Chart Models, this video has 5 min starter explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fibonacci Trend-lines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
Trading Plan / Watch Lists. Morning Momentum / Gaps / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
Watching time-cycle expiry / inflection for a direction in to next late Dec and then late Dec in to first quarter time cycle 2019.
Nov 21 – Looking at possible retrace to .5 on oil (per last move), possible short in Natural Gas (DGAZ) and watching equities very close for supports to bounce and hold.
Per previous;
If you’re a newbie…. now is not the time to turn off…. now is the time to get in to your $STUDY sharpen your pencil and get to work. You’ll learn a lot and you’ll possibly catch a turn and change your financial life soon. You won’t get many opportunities like this. #premarket
If you're a newbie…. now is not the time to turn off…. now is the time to get in to your $STUDY sharpen your pencil and get to work. You'll learn a lot and you'll possibly catch a turn and change your financial life soon. You won't get many opportunities like this. #premarket
— Curtis Melonopoly (@curtmelonopoly) November 20, 2018
Time cycle dates expiring in markets for big moves…. started end of July, next Oct 10, Nov 11, mid Dec big in to Q1 19. Distributing trading models starting tonight for time frames in expectation for #Oil, #Gold, #Silver, #Bitcoin, #SP500, #Volatility, #USD It’s big, watch.
Further to that public Twitter post, over next two quarters I expect the equity markets to continue under serious pressure in to rates, after a technical retracement oil to skyrocket unless Trump can get a handle on the price somehow (trying with Saudi’s now), Dollar likely to spike hard for some time then fall off a cliff, volatility to increase, Gold and Silver get up and going soon and Crypto to fly. That’s my bias, thesis, trading plan in to next two quarters. Timing will be key. All of our reporting will reflect this near term and will also focus on key swing trading set-ups within themes.
Time cycle dates expiring in markets for big moves…. started end of July, next Oct 10, Nov 11, mid Dec big in to Q1 19. Distributing trading models starting tonight for time frames in expectation for #Oil, #Gold, #Silver, #Bitcoin, #SP500, #Volatility, #USD It's big, watch.
— Curtis Melonopoly (@curtmelonopoly) October 8, 2018
Market Observation:
Markets as of 6:55 AM: US Dollar $DXY trading 96.81, Oil FX $USOIL ($WTI) trading 54.37, Gold $GLD trading 1223.40, Silver $SLV trading 14.41, $SPY 265.53 (premarket trade), Bitcoin $BTC.X $BTCUSD $XBTUSD 4518.00 and $VIX trading 21.7.
Momentum Stocks / Gaps to Watch:
FAANG STOCKS EXTEND GAINS, NOW UP BETWEEN 1.2 PCT AND 3 PCT PREMARKET
FAANG STOCKS EXTEND GAINS, NOW UP BETWEEN 1.2 PCT AND 3 PCT PREMARKET
— *Walter Bloomberg (@DeItaone) November 21, 2018
Low float on watch $ANY $INPX $GLBS $PXS
Momos on watch $ICTY $MDIN $NHPI $KRFG $PGUS $LCLP $WWIO $INKW
20 Stocks Moving In Wednesday’s Pre-Market Session https://benzinga.com/z/12737960 $FL $ABIL $BZUN $ADSK $BJ $LTM $HTBX $XRF $ANY $DE $CAL $BILI
News:
Equity contagion spreads to credit, deepening worries on growth. GE woes, rising Fed rates are weighing on bonds. Spreads probably haven’t widened enough, Goldman says. https://www.bloomberg.com/news/articles/2018-11-21/equity-contagion-spreads-to-credit-deepening-worries-on-growth …
Equity contagion spreads to credit, deepening worries on growth. GE woes, rising Fed rates are weighing on bonds. Spreads probably haven’t widened enough, Goldman says. https://t.co/HU22R0Ivfz pic.twitter.com/xvYFskWv9W
— Holger Zschaepitz (@Schuldensuehner) November 21, 2018
iPhone $AAPL Assembler Foxconn Warns of Difficult and Competitive Year, to Eliminate 10% of Non-Technical Staff – Bloomberg
Recent SEC Filings / Insiders:
Recent IPO’s:
Earnings:
Deere’s stock drops after earnings and revenue rose less than expected
#earnings for the week
$JD $TGT $BBY $LOW $KSS $TJX $BZUN $LB $GWGH $DE $INTU $URBN $$ROST $MDT $SPB $ADSK $CPB $PSTG $JT $A $ADI $LEJU $JEC $SOL $JACK $HRL $BILI $FL $GPS $GHG $BJ $BECN $QD $KEYS $DY $BRKS $NUAN $VBLT $SSI $NM $SFL $NJR $MMS $KLIC
#earnings for the week $JD $TGT $BBY $LOW $KSS $TJX $BZUN $LB $GWGH $DE $INTU $URBN $$ROST $MDT $SPB $ADSK $CPB $PSTG $JT $A $ADI $LEJU $JEC $SOL $JACK $HRL $BILI $FL $GPS $GHG $BJ $BECN $QD $KEYS $DY $BRKS $NUAN $VBLT $SSI $NM $SFL $NJR $MMS $KLIC https://t.co/r57QUKKDXL https://t.co/Cb4X0ukwMC
— Curtis Melonopoly (@curtmelonopoly) November 19, 2018
Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Trade Alerts, Open and Closed Trades:
Please refer to the date at top left of each chart (charts are often carried forward for some time). Trade alerts and stock chart set-ups should be traded as decision to decision process – when the trade set-up fails cut your position fast. Leg in to the winners at key resistance and support (at retracement or breach) and exit the losers fast based on technical support and resistance. Not all set-ups work, the purpose of technical analysis is to provide the framework for your trade (the chart structure enables the trader to set stops where a trade is a failed trade and leg in to winners and trim winners per the chart). The purpose of trade alerts is to bring awareness of the trade set-up in play but you have to execute the trade based on your trading strategy that should be harnessed in your rules based process.
There have been a few paper cuts executed on machine trading side in oil trade last few days – report will detail when released.
VIX MACD on close watch today, could cross up and we could see escalation quick $VIX $TVIX $UVXY
VIX MACD on close watch today, could cross up and we could see escalation quick $VIX $TVIX $UVXY
SP500 (SPY) Daily Chart MACD turned up but structure under pressure. $SPY $ES_F $SPXL $SPXS #SPY #SwingTrade
SP500 (SPY) Daily Chart MACD turned up but structure under pressure. $SPY $ES_F $SPXL $SPXS #SPY #SwingTrade
To catch a knife 🙂 Daytrading crude oil #OOTT #oiltradealerts $CL_F FX USOIL WTI $USO
To catch a knife 🙂 Daytrading crude oil #OOTT #oiltradealerts $CL_F FX USOIL WTI $USO pic.twitter.com/R8n63CV72i
— Curtis Melonopoly (@curtmelonopoly) November 13, 2018
The crude oil trade on the 1 minute chart, continue to watch the support levels signaled earlier. #crude #oiltradealerts
The crude oil trade on the 1 minute chart, continue to watch the support levels signaled earlier. #crude #oiltradealerts
if crude lets go here watch out…. yet again
if crude lets go here watch out…. yet again
— Curtis Melonopoly (@curtmelonopoly) November 13, 2018
Where can you find a trading setup that executes for a 150+ tick day trade in crude oil with back tested win side probability 90%. Test it and tell us we’re wrong. Member report below. $USOIL $WTI $CL_F #OIL #trading #OOTT
$TSLA #premarket jam. Closed 263.75 – 338.75 was a good one. Next! #swingtrade
$TSLA #premarket jam. Closed 263.75 – 338.75 was a good one. Next! #swingtrade pic.twitter.com/M4NDXkdoMi
— Curtis Melonopoly (@curtmelonopoly) October 29, 2018
Machine trade in oil top tick hit perfect 67.62 to penny HOD, trimmed added numerous all win side and closed 90% 66.83. Nice trade.
Machine trade in oil top tick hit perfect 67.62 to penny HOD, trimmed added numerous all win side and closed 90% 66.83. Nice trade.
Crude oil trade in to open yesterday: Nailed the Crude Oil Short in Trading Room at Open.
Nailed the Crude Oil Short in Trading Room at Open USOIL WTI $USO $CL_F $UWTI $DWTI #Oil #Trade #Alerts
Trade alert this morning to trim Silver and add above: Trimming Silver 14.78 per price target will add above.
Trimming Silver 14.78 per price target will add above #swingtrading #alerts $SLV
Trade alert yesterday : Long Silver 14.63 target 14.78 tight stops.
Long Silver 14.63 target 14.78 tight stops. #swingtrading #tradealerts #Silver
Daytrading Crude Oil – Screen Shot of Oil Trade Alerts Feed with signals for long oil trade and closing trade.
Daytrading Crude Oil – Screen Shot of Oil Trade Alerts Feed with signals for long oil trade and closing trade.
TESLA (TSLA) daytrade with swing trade possible here to higher, we got some of that move at open. $TSLA #trading
TESLA (TSLA) daytrade with swing trade possible here to higher, we got some of that move at open. $TSLA #trading pic.twitter.com/6Kjglgconf
— Curtis Melonopoly (@curtmelonopoly) October 16, 2018
That spike in Sunday night oil futures open was interesting (on Saudi Trump news flow), caught me off guard but I got a piece of it $USOIL $WTI $CL_F $USO #OilTradeAlerts #OOTT
That spike in Sunday night oil futures open was interesting (on Saudi Trump news flow), caught me off guard but I got a piece of it $USOIL $WTI $CL_F $USO #OilTradeAlerts #OOTT pic.twitter.com/vlOAl0ze6A
— Curtis Melonopoly (@curtmelonopoly) October 16, 2018
That spike in Sunday night oil futures open was interesting (on Saudi Trump news flow), caught me off guard but I got a piece of it $USOIL $WTI $CL_F $USO #OilTradeAlerts #OOTT
Working the daytrade edges on SP500 $SPY #daytrading #tradealerts
Working the daytrade edges on SP500 $SPY #daytrading #tradealerts pic.twitter.com/tcbGIESXQF
— Curtis Melonopoly (@curtmelonopoly) October 9, 2018
Working the edges of volatility on daytrading time-frames today also $VIX $TVIX $UVXY #tradealerts #daytrading
Working the edges of volatility on daytrading time-frames today also $VIX $TVIX $UVXY #tradealerts #daytrading pic.twitter.com/1on7qS3aYJ
— Curtis Melonopoly (@curtmelonopoly) October 9, 2018
Example of knowing probability of time cycles (intra-day example). Look at the guidance in the oil trading room…. exact time of day and price of oil hit per guidance many hours earlier. Power of time cycles. FX $USOIL $WTI $CL_F $USO #oil #trading #algorithm
Example of knowing probability of time cycles (intra-day example). Look at the guidance in the oil trading room…. exact time of day and price of oil hit per guidance many hours earlier. Power of time cycles. FX $USOIL $WTI $CL_F $USO #oil #trading #algorithm pic.twitter.com/qa0HueviTl
— Curtis Melonopoly (@curtmelonopoly) October 9, 2018
This was an intra-day time cycle trade. I win when I respect time cycles, lose when I don’t. It is that simple.
This was an intra-day time cycle trade. I win when I respect time cycles, lose when I don't. It is that simple. https://t.co/k4HO2izAT7
— Curtis Melonopoly (@curtmelonopoly) October 9, 2018
$ROKU #daytrading #tradealerts
$ROKU #daytrading #tradealerts pic.twitter.com/RWXQcogTll
— Curtis Melonopoly (@curtmelonopoly) October 1, 2018
Market Outlook, Market News and Social Bits From Around the Internet:
#5Things
-U.S. accuses China of IP theft
-OPEC’s Texas headache
-Markets rise
-Calls for fiscal coordination
-Data due…
https://bloom.bg/2DCiCBP
Morgan Stanley says bear market starting. GS says economy won’t go into a recession, but its research says bear market risks highest in decades. Wells Fargo says if you got cash use it.
“…the only place that people with Rolls Royce get advice from those who take the subway.”
https://twitter.com/TihoBrkan/status/1065229468166434816
If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect the math (they have taken me from a 60% hit rate to 80%+ all publicly posted live trade alerts).
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).
Some of my Favorite Intra-day Trading Set-Ups:
(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Charting Model Set-Ups.
The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.
Morning Stock Watch-Lists for my Favorite Set-Ups:
(1) Pre-Market Gainers Watch-List: $SYN $ABIL $FL $QD $UGAZ $BRZU $BZUN $MBT $FIVE $UWT $YINN $UCO $VIPS $DB $NVDA $SNAP $AMD $SQ
(2) Pre-market Decliners Watch-List :
(3) Other Watch-List:
(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWT, $DWT, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY), $BTCUSD Bitcoin.
(5) Recent Upgrades:
$FL Raised to $63 at Citi
(6) Recent Downgrades:
Jacobs Engineering $JEC PT Lowered to $90 Credit Suisse
Kohl’s $KSS PT Lowered to $67 Credit Suisse
$TGT Lowered to $79 Credit Suisse
$LOW Lowered to $101 Deutsche Bank
$JACK Lowered to $103 SunTrust Robinson
$CRM Lowered to $160 Piper Jaffray
$TJX Lowered to $58 Citi
$KSS Lowered to $67 Credit Suisse
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
http://finviz.com/
https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6
http://www.highshortinterest.com/
http://www.gurufocus.com/short-stocks.php
http://www.3xetf.com/all/
http://www.etf.com/channels/gold-etfs
GL!
Curtis
Algorithm Twitter feeds can be found here: $BTC (@CryptotheAlgo) $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct. Our lead trader Twitter feed is here @curtmelonopoly
Article Topics: Premarket, Stocks, Trading Plan, Trade Alerts, Trading Room, Swing Trading, Day Trading, EIA, Oil, $WTI, Natgas, $DGAZ, Equities Bounce, Low Float, Penny Momo
