Compound Trading Thursday June 8, 2017 Review of Chat Room Day Trading, Swing Trading, Algorithm Charting, Videos and Live Alerts. $XIV, $USOIL, $WTIC, $BABA, $NVDA, $AMZN, $NFLX, $DXY, $UUP – $LIGA, $ONTX, $ASM, $SSH, $LGCY, $TRCH, $ESEA 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 the lead trader is on mic and sharing charting pre-market right before open (9:00 AM ET), at market open (9:30 ET), for chart trade set-up and swing trading review during lunch hour (12:00 ET), during webinars (EIA Wed 10:00 and upcoming other regular webinars for SPY, Gold, Silver, VIX, and USD also – representing our algorithms). The trading room has in addition to live broadcast live chart screen sharing right from our monitors to yours. 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:
We are currently migrating our site (June 11). There may be intermittent downtime in the next 12 to 24 hours.
Every Wednesday for now on 10:00 #EIA Report Oil Trade Charting Review hosted by Epic Oil Algo. $USOIL $WTI $CL_F #OIL #OOTT. This may or may not be made available to the public – check Twitter feed prior.
24 Hour Oil Room Opens June 15, 2017 (Originally scheduled for July 1, then moved up to June 12 and back to June 15 to allow for lead trader travel).
Don’t Miss This! We have Regular Webinars Coming for Many Different Areas of the Markets. Compound Trading Webinar Schedule: Day Trading, Swing Trading. Oil, Gold, Silver, SPY, VIX, USD, Equities…
Most Recent in Freedom Trader Series: (On deck: How to Develop a Trading Plan)
Trading Set-ups. Video Explains Predictable Winning Process. Part 6 b) “Freedom Traders” Series.
Last market trading session Post Market Stock Trading Results can be found here:
We are many posts behind on post market trading results – we’ve been working overtime to get oil trading room launched early and the post market reports took a backseat – now that we’re ready we’ll have them all caught up soon.
Stock Trading Results Wed June 7 $SHWI, $CVNA, $CALA, $USOIL, $WTIC, #EIA, #OIL, Swing… https://compoundtrading.com/stock-trading-results-wed-june-7-shwi-cvna-cala-usoil-wtic-eia-oil-swing-trade-review/ …
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 Thurs June 8 $BABA, $JD, $MOMO, $YHOO, $NVDA, $TWTR, $SWHI, $LIGA, $CL_F
Premarket Session:
$NVDA Citi Atif Malik price target for Nvidia raised to $180 and future casts 300.00. Wowza. #premarket
$NVDA Citi Atif Malik price target for Nvidia raised to $180 and future casts 300.00. Wowza. #premarket
— Curtis Melonopoly (@curtmelonopoly) June 8, 2017
$BABA Alibaba forecasts monster revenue growth
$BABA Alibaba forecasts monster revenue growth https://t.co/cgHVbKoXvm
— Curtis Melonopoly (@curtmelonopoly) June 8, 2017
$BABA premarket got the love today up 12.23%
$BABA premarket got the love today up 12.23% pic.twitter.com/v6sf2lYW3W
— Curtis Melonopoly (@curtmelonopoly) June 8, 2017
Market Day, Chat Room Trades and Personal Trades:
$XIV, $USOIL, $WTIC, $BABA, $NVDA, $AMZN, $NFLX, $DXY, $UUP
In Play: $ABIL, $DRWI, $URBN, $MNKD, $MOSY, $KSS, $ELP, $MZOR High Uncertainty: $CLSN, $CAMT, $NLNK
In Play: $ABIL, $DRWI, $URBN, $MNKD, $MOSY, $KSS, $ELP, $MZOR High Uncertainty: $CLSN, $CAMT, $NLNK https://t.co/2Zwse2ls34
— Curtis Melonopoly (@curtmelonopoly) June 8, 2017
I took a trade in $XIV with Market Maven and Flash G that worked out well (full description in transcript and on trading room raw footage) and I also started a tester position long swing trade in $UUP based on $DXY US Dollar trade.
2017-06-08 8:50 Curt M_1 Long $XIV test 80.99
2017-06-08 9:00 Curt M_1 Long $XIV 3/10 for 4/10
2017-06-08 9:08 Curt M_1 Long $XIV final to full 81.19
2017-06-08 9:10 Curt M_1 Anyway I’m out 50% at 81.49 1500 shares
2017-06-08 9:11 Curt M_1 81.63 out another 25%
2017-06-08 9:11 Curt M_1 done 81.61 out
2017-06-08 13:24 Curt M_1 Long $UUP legging in 1/5 size 500 shares 25.07 from main account possible downside 95.55 DXY and it is trading 96.99 so its a managed trade RR
Turned out to be decent day for the team. Got a deep dive in $XIV and started nibble on USD (wide timeframe). No morning momos to speak of.
Turned out to be decent day for the team. Got a deep dive in $XIV and started nibble on USD (wide timeframe). No morning momos to speak of.
— Curtis Melonopoly (@curtmelonopoly) June 8, 2017
Learning How-to Trade Stocks, Chart Set-Ups, Lessons and Educational:
Learn basic technical requirements of charts. When GURU alerts one is blasting off then at least you are aware of wall you are about to hit.
Learn basic technical requirements of charts. When GURU alerts one is blasting off then at least you are aware of wall you are about to hit.
— Curtis Melonopoly (@curtmelonopoly) June 8, 2017
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
If there's anything I can do to help with your trading drop me a line on contact page or DM https://t.co/1CNAfDsAeI #howto #trade #stocks
— Curtis Melonopoly (@curtmelonopoly) May 8, 2017
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, $LIGA (this is the daytrading portfolio and does not represent swing trading service portfolio): Looking at moving out of all these small positions over the next month or so.
Note-able Momentum Stocks Today (via FinViz):
| Ticker | Last | Change | Volume |  |
Signal |
| DCTH | 0.04 | 94.47% | 260751360 | Top Gainers | |
| HYGS | 8.95 | 27.40% | 812077 | Top Gainers | |
| SRAX | 1.74 | 20.41% | 442734 | Top Gainers | |
| XELB | 3.00 | 20.00% | 20216 | Top Gainers | |
| CMTL | 17.79 | 18.60% | 1561473 | Top Gainers | |
| MRAM | 18.03 | 17.61% | 461302 | Top Gainers | |
| WSTL | 2.93 | 0.36% | 34328 | New High | |
| BABA | 142.34 | 13.29% | 81381528 | New High | |
| HYGS | 8.95 | 27.40% | 812077 | New High | |
| TVTY | 37.80 | 4.56% | 870063 | New High | |
| WSTL | 2.93 | 0.36% | 34328 | Overbought | |
| NKX | 15.73 | 0.38% | 57164 | Overbought | |
| EZT | 26.27 | 0.43% | 165869 | Unusual Volume | |
| MSL | 12.00 | -14.89% | 979405 | Unusual Volume | |
| SCLN | 10.90 | 7.92% | 6520339 | Unusual Volume | |
| EEH | 17.65 | 1.38% | 20079 | Unusual Volume | |
| CMA | 70.79 | 2.82% | 2230420 | Upgrades | |
| ECT | 2.00 | 0.00% | 43840 | Earnings Before | |
| CVO | 6.29 | 0.16% | 17987 | Insider Buying |
Algorithm Charting News (Artificial Intelligence, Intelligent Assistants, Big Data and More):
I added a video to a @YouTube playlist http://youtu.be/0UXPwruSZe4?a @EPICtheAlgo Oil Algorithm Update: #EIA Report ($USOIL, $WTI, $CL_F)
#EIA Report Time Price algo target hit 1030 Wed EPIC Oil Algorithm. FX $USOIL $WTIC #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
NOTICE: Next Generation of my Algorithm to be released prior to June 15. $GC_F $XAUUSD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #Gold
NOTICE: Next Generation of my Algorithm to be released prior to June 15. $GC_F $XAUUSD $GLD $UGLD $DGLD $GDX $NUGT $DUST $JDST $JNUG #Gold
— Rosie the Gold Algo (@ROSIEtheAlgo) June 7, 2017
Member Notice: 24 hr real time oil trade alerts now set up for my members. Follow @oilalerts_ct $CL_F $USOIL $WTI $USO #OIL #OOTT
S&P 500 $SPY Algorithm chart targets from today hit. $ES_F $SPXL, $SPXS @FREEDOMtheAlgo
S&P 500 $SPY Algorithm chart targets from today hit. $ES_F $SPXL, $SPXS @FREEDOMtheAlgo pic.twitter.com/si0h8D7aUx
— Curtis Melonopoly (@curtmelonopoly) June 1, 2017
$DXY US Dollar Index – @dxyusd_index Algorithm shows nominal downside probability. High RR Advantage Bulls. $UUP #swingtrading
$DXY US Dollar Index – @dxyusd_index Algorithm shows nominal downside probability. High RR Advantage Bulls. $UUP #swingtrading pic.twitter.com/7jwfEHmtZV
— Curtis Melonopoly (@curtmelonopoly) June 9, 2017
The Charting Algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).
Swing Trading Notes / News / Chart Set-ups:
$MXIM This swing trade going better now – took some pain in beginning on my break-out #powertrade thesis. #swingtrading
$MXIM This swing trade going better now – took some pain in beginning on my break-out #powertrade thesis. #swingtrading pic.twitter.com/yXWHvS7bq6
— Curtis Melonopoly (@curtmelonopoly) May 31, 2017
$NFLX swing trade going well. Trading 163.20 premarket from 148.40 entry. #swingtrading
$NFLX swing trade going well. Trading 163.20 premarket from 148.40 entry. #swingtrading pic.twitter.com/k9RSfrLHZA
— Curtis Melonopoly (@curtmelonopoly) May 31, 2017
$AMZN Trading 997.11 premarket from 822.74 entry #swingtrading
$AMZN Trading 997.11 premarket from 822.74 entry #swingtrading pic.twitter.com/xX907Drzay
— Curtis Melonopoly (@curtmelonopoly) June 1, 2017
Most recent swing trading platform publications:
Protected: Weekly Swing Trading Stocks Thurs June 9 $TAN, $GSIT, $AXP, $WYNN, $DXY, $UUP, $NFLX, $LIT, $BABA …
The Swing Trading Twitter feed is here: https://twitter.com/swingtrading_ct.
Regular Watch List Updates / News:
US Dollar $DXY $USDJPY $UUP & Currencies of Note:
$DXY US Dollar Index MACD just turned up on daily. $UUP #swingtrading
$DXY US Dollar Index MACD just turned up on daily. $UUP #swingtrading pic.twitter.com/itEfwfyeXd
— Curtis Melonopoly (@curtmelonopoly) June 9, 2017
Gold $GLD, $XAUUSD, $GC_F:
July 2010…
1 Bitcoin: 0.09
1 Oz Gold: 1,188
S&P 500: 1,064
Today…
1 Bitcoin: 2,900
1 Oz Gold: 1,297
S&P 500: 2,431
$BTCUSD $GLD $SPX
July 2010…
1 Bitcoin: 0.09
1 Oz Gold: 1,188
S&P 500: 1,064Today…
1 Bitcoin: 2,900
1 Oz Gold: 1,297
S&P 500: 2,431$BTCUSD $GLD $SPX pic.twitter.com/oAqHbQx622— Charlie Bilello (@charliebilello) June 7, 2017
Gold Miner’s $GDX:
NA
Silver $SLV:
NA
Crude Oil $USOIL $WTI:
Hanging on a thread here #CL $USOIL $WTI #OIL #OOTT
Hanging on a thread here #CL $USOIL $WTI #OIL #OOTT
— Curtis Melonopoly (@curtmelonopoly) June 8, 2017
Volatility $VIX ($UVXY, $TVIX, $XIV):
NA
$SPY S&P 500 / $SPX:
NA
Markets Looking Forward:
This was a special webinar event mid-day review. Covers end of quarter #SwingTrading cleanup review of positions I will be closing. #trading
This was a special webinar event mid-day review. Covers end of quarter #SwingTrading cleanup review of positions I will be closing. #trading https://t.co/UwwTLMskc5
— Curtis Melonopoly (@curtmelonopoly) June 8, 2017
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, at noon the trade chart set-up reviews 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). Refer also to the weekly webinar schedule because we are adding webinar times weekly such as the 10:00 ET EIA report for oil and the other algorithms are getting weekly webinar times soon also for Gold, Silver, US Dollar, SPY, VIX etc.
The transcripts now have time stamps! If you are reviewing the raw video footage of the trading room or transcript please be aware times you see on transcript or on video may not be ET New York and adjust because I am broadcasting from various time zones depending on where I am and transcript is local time to where I am at time.
2017-06-08 6:51 Curt M_1 Protected: PreMarket Trading Plan Thur June 8 $BABA, $JD, $MOMO, $YHOO, $NVDA, $TWTR, $SWHI, $LIGA, $CL_FrrLINK: https://compoundtrading.com/premarket-trading-plan-wed-june-8-baba-jd-momo-yhoo-nvda-twtr-swhi-liga-cl_f/rrPASSWORD: BABAKINGrrLet’s do this people!!!
2017-06-08 6:54 Market Maven gm
2017-06-08 6:54 Curt M_1 🙂
2017-06-08 7:04 Curt M_1 On mic in a few – working on PM watchlist 🙂 Actve morning. Congrats to $BABA bulls! See you soon for premarket >>>>>>>>>>>>>>>>>>
2017-06-08 7:04 Tracy Good morning!
2017-06-08 7:04 Curt M_1 They bought the bottom of that quad perfect wow:) #CL
2017-06-08 7:05 Cara gm all
2017-06-08 7:06 Reed Good morning everyone
2017-06-08 7:08 GS_NL Someone else here in the room asked it yesterday: is it now time for buying some UWT? I personally don’t think so, because it’s in a downward channel. But today we can expect a bounce up?
2017-06-08 7:08 GS_NL gm all, btw
2017-06-08 7:08 GS_NL it’s here 3pm btw:-)
2017-06-08 7:12 OILK Congrats on those big wins yesterday Maven! Pass some of that magic over here any time you like!
2017-06-08 7:13 sbrasel Gm All… Anyone see $MZOR could be a quick snipe today
2017-06-08 7:13 quarryrock good am all
2017-06-08 7:13 Market Maven thank you king
2017-06-08 7:14 OILK GS NL oil channel right on screen for anyone that wants to trade it:) Doesn’t get much easier than that when its charted in advance.
2017-06-08 7:15 Flash G gm folks
2017-06-08 7:15 Curt M_1 still chasing momos etc here – I’ll be on mic right b4 open it looks like
2017-06-08 7:18 Cara hey curt stocktwits resshared your $BABA post
2017-06-08 7:18 Curt M_1 ha
2017-06-08 7:19 Flash G 10 yr yields in Japan wow
2017-06-08 7:21 Curt M_1 $DRWI $NXTD $CVM $COOL $BABA $MYSZ $VSTM $BZUN $SCLN $YHOO $ONCS $KIM $ZTO $JD $VRX $NVDA $AMD $VIPS $MOMO
2017-06-08 7:21 Curt M_1 $VIPS is on our chart watchlist from Mid days and a few others on that list.
2017-06-08 7:22 Curt M_1 Actually a lot of that list we’ve reviewd on mid day reviews last two weeks
2017-06-08 7:23 GS_NL OILK: maybe want to trade this, but UWT or DWT, lol
2017-06-08 7:23 Tracy I’m in ONCS from 1.04, see if it holds it’s gains
2017-06-08 7:24 OILK ya just pointing out the room has had EPIC lately in it so channels are clear was my point
2017-06-08 7:24 OILK Just trying to help newbies understand the channels are there in advance for them.
2017-06-08 7:25 Curt M_1 On mic for open >>>>>>
2017-06-08 7:34 sbrasel $NTNX fell to 16.64 on open with no reported news
2017-06-08 7:35 quarryrock whoa
2017-06-08 7:35 quarryrock ntnx ?
2017-06-08 7:38 sbrasel $abil halted
2017-06-08 7:38 sbrasel $abil opened at .86 halted at 1.58
2017-06-08 7:39 Reed Wish I had enough capital to make money trading oil
2017-06-08 7:40 Curt M_1 $ABIL halt
2017-06-08 7:42 sbrasel $ABIL no news
2017-06-08 7:45 quarryrock banks flying
2017-06-08 7:47 Tracy I am so afraid of not being able to get out of some of those OTC stocks!
2017-06-08 7:47 quarryrock $RH destroying the shorts
2017-06-08 7:50 Hedgehog Trader hi all
2017-06-08 7:50 Tracy NTNX can’t decide which way it’s going.
2017-06-08 7:51 Tracy Morning HT
2017-06-08 7:55 Tracy Looks like you called that bottom on CCJ Hedgehog!
2017-06-08 7:58 quarryrock possible insider selling $NTNX
2017-06-08 7:58 quarryrock unconfirmed
2017-06-08 7:58 sbrasel $NTNX is holding its lower fib
2017-06-08 7:59 quarryrock thinking about starting a position
2017-06-08 8:00 Hedgehog Trader i agree Tracy
2017-06-08 8:00 quarryrock my $GS calls are up 150% so far wow
2017-06-08 8:00 quarryrock just letting it run for now
2017-06-08 8:00 sbrasel 150 % wow, wow.
2017-06-08 8:00 quarryrock yep
2017-06-08 8:02 quarryrock ok long $NTNX 17.29 starter 500 shs
2017-06-08 8:02 Cara Long $BTSC accumulating
2017-06-08 8:03 quarryrock ill give NTNX about .50 stop
2017-06-08 8:03 quarryrock like the risk return here alot but if news comes out who knows.
2017-06-08 8:06 sbrasel QR did you see $MZOR
2017-06-08 8:07 Tracy ENRJ is moving
2017-06-08 8:08 Tracy wow, it’s running and the last time it ran, it tripled ENRJ
2017-06-08 8:09 Tracy Up 58% ENRJ
2017-06-08 8:11 Tracy Up 83%
2017-06-08 8:15 quarryrock wow MZOR tanked. i dont know this co?
2017-06-08 8:15 Reed $HUSA 52 week highs
2017-06-08 8:16 sbrasel QR $MZOR makes computerized surgical tools
2017-06-08 8:16 mat MZOR got smoked on news of some type of police raid in May
2017-06-08 8:16 quarryrock yikes
2017-06-08 8:17 mat They’re based in Israel and all it said was that it happened in May. Super sketchy.
2017-06-08 8:18 sbrasel Questioned not raided from what i saw.
2017-06-08 8:20 Tracy I’ve been stuck in ENRJ and it was really moving. Sorry.
2017-06-08 8:25 Reed Curt, check out how HUSA has reacted to 20 crossing the 200 and 50 touching the 200 on the weekly chart
2017-06-08 8:26 GS_NL So other members in the room: ask why someone comes up with a stock 🙂
2017-06-08 8:33 Reed I’m not planning on trading it because of the kind of company it is, but I thought it was interesting how the chart reacted to that cross so I wanted your opinion on it. Thanks Curt
2017-06-08 8:35 Market Maven 🙂 i did it anyone can
2017-06-08 8:35 Cara you’re cute
2017-06-08 8:37 GS_NL What do you mean exactly, MM?
2017-06-08 8:37 OILK $CEI in play lol soryy curt but it is
2017-06-08 8:38 Market Maven oh just that i was a wreck when i met curt
2017-06-08 8:38 Market Maven blew up my account and my moms
2017-06-08 8:38 Market Maven and my husband didn’t know and more
2017-06-08 8:38 Curt M_1 OILK thats a good alert
2017-06-08 8:39 Curt M_1 $CIE in play is valid
2017-06-08 8:39 Curt M_1 I’ll publish a guideline for everyone:)
2017-06-08 8:39 GS_NL Sorry to hear that, MM. I’m mid 40’s. I have much responsibilities here, so I won’t trade plays I’m not confident about
2017-06-08 8:39 OILK yes please
2017-06-08 8:39 OILK until then freeeedom!!!
2017-06-08 8:39 Curt M_1 lol
2017-06-08 8:40 Curt M_1 I’ll be less and less hands on to rant at you guys anyway as time goes on:)
2017-06-08 8:40 OILK Shippers are on scans too
2017-06-08 8:40 OILK seriously
2017-06-08 8:41 Curt M_1 funny timing
2017-06-08 8:42 OILK i actually like $HUSA over 50% and over a dollar myself
2017-06-08 8:42 OILK they just keep coming $RNVA now on scan
2017-06-08 8:43 Cara Andrew Desiderioâ€Verified account @desiderioDC 10m10 minutes agorMorer WOW. Comey just confirmed he made the Hillary email announcement because of Bill Clinton’s tarmac meeting w/ Loretta Lynch.
2017-06-08 8:45 quarryrock $NTNX bottomed? not sure but im going to swing trade this
2017-06-08 8:46 Market Maven I’ll take that $XIV curt on a intra
2017-06-08 8:46 sbrasel QR your $ntnx play is a great day trade so far.
2017-06-08 8:47 Market Maven thats for sure sean
2017-06-08 8:47 Curt M_1 what r u thinking mm?
2017-06-08 8:47 Market Maven 1 – 3% more
2017-06-08 8:48 Market Maven likely 1%
2017-06-08 8:48 quarryrock TY – this had to be insider sales given the massive volume at open im digging for info
2017-06-08 8:49 OILK QR has the shark skilz! Nice to have ya QR
2017-06-08 8:49 Market Maven agree good add
2017-06-08 8:49 sbrasel QR dm me on twtter if you hear i have to run
2017-06-08 8:49 Market Maven nice to have everyone of course cause we all started somewhere
2017-06-08 8:49 Curt M_1 ok mm i’ll go
2017-06-08 8:50 Curt M_1 Long $XIV test 80.99
2017-06-08 8:50 Market Maven lol i got 81.005
2017-06-08 8:50 Curt M_1 We’ll see how it tests
2017-06-08 8:51 Market Maven might come off to half of vwap
2017-06-08 8:51 Market Maven but then go
2017-06-08 8:51 Market Maven shoulda hit it 21 mins ago
2017-06-08 8:52 Market Maven but there should be 1 – 3 left
2017-06-08 8:52 Curt M_1 half of vwap is 80.70
2017-06-08 8:52 Curt M_1 ?
2017-06-08 8:53 Market Maven iash yep
2017-06-08 8:53 Market Maven ish yes
2017-06-08 8:53 Curt M_1 So your target on $VIX is?
2017-06-08 8:54 Market Maven likely just over 9 next 3 sessions unless something pops up
2017-06-08 8:54 Curt M_1 so you’ll hold?
2017-06-08 8:54 Market Maven no
2017-06-08 8:55 Cara 80.70 sound right I’ll go there with you guys
2017-06-08 8:55 Flash G You may not get that cara
2017-06-08 8:56 Curt M_1 sooooo 10.2 pop on $VIX is your 80.70 ??
2017-06-08 8:56 Market Maven yes
2017-06-08 8:56 Curt M_1 ok thanks
2017-06-08 8:57 Curt M_1 heres 10.2
2017-06-08 8:57 Curt M_1 wow xiv didn’t budge much
2017-06-08 8:58 Market Maven weak hands should take it to 80.70 ish
2017-06-08 8:58 Market Maven perhaps not though Flash might be right
2017-06-08 9:00 Market Maven Its worth a try at 1/10 sizing to start and size in as it proves itself. You should do a video on the 1% aday and how to do that Curt and the result of that over two years. Specific pays I mean.
2017-06-08 9:00 Curt M_1 I should get you to do it:)
2017-06-08 9:00 Curt M_1 Long $XIV 3/10 for 4/10
2017-06-08 9:00 Market Maven Right there w ya
2017-06-08 9:02 Cara mm is that what you did… the 24 months thing?
2017-06-08 9:02 quarryrock steels on fire again. they trade like a yo yo
2017-06-08 9:02 OILK im in it qrr ya good daytrading
2017-06-08 9:03 Market Maven yes cara
2017-06-08 9:03 quarryrock nice AKS looks squeezey
2017-06-08 9:04 Market Maven squuueeeezy:)
2017-06-08 9:04 quarryrock lol
2017-06-08 9:07 Cara left without me
2017-06-08 9:08 Market Maven haha mayabe not cara
2017-06-08 9:08 Curt M_1 Long $XIV final to full 81.19
2017-06-08 9:09 Market Maven yup
2017-06-08 9:09 Flash G You Guys ARE GOOD
2017-06-08 9:09 Flash G Trailing out $XIV 2000 shares
2017-06-08 9:09 Flash G hahahaha
2017-06-08 9:09 Curt M_1 omg funny
2017-06-08 9:10 Curt M_1 Anyway I’m out 50% at 81.49 1500 shares
2017-06-08 9:10 Market Maven thats hilarious flash
2017-06-08 9:10 Market Maven out 50% 81.52 more shares than both of you together
2017-06-08 9:11 Curt M_1 81.63 out another 25%
2017-06-08 9:11 Market Maven dido
2017-06-08 9:11 Curt M_1 done 81.61 out
2017-06-08 9:11 Market Maven holding 25%
2017-06-08 9:11 Flash G out hahahaha
2017-06-08 9:12 Market Maven cant believe flash daytraded
2017-06-08 9:12 Market Maven Congrats Flash!
2017-06-08 9:12 OILK school was just in session
2017-06-08 9:12 Cara I’ll say.
2017-06-08 9:13 OILK That was a quick few thousand nice work guys
2017-06-08 9:14 Market Maven I’m still n 25%
2017-06-08 9:14 Curt M_1 I’m going to take a break back at noon.:)
2017-06-08 9:14 Flash G Early scotch for me.
2017-06-08 9:14 quarryrock nice !
2017-06-08 9:15 Dave I hope you guys will review how you did that.
2017-06-08 9:15 Reed I’m with you dave
2017-06-08 9:16 Frank I will DM Curt
2017-06-08 9:16 Market Maven I’ll make sure he shows you guys the play. That’s the way it works when you know the plays. You do it together like nothing when you learn the plays.
2017-06-08 9:17 Market Maven Thats what he was ranting about. Thats a trading team.
2017-06-08 9:17 Cara I think i am getting it lol slowly but i see it now
2017-06-08 9:18 Market Maven 1% a day is 1 million cara with 10,000 start thats it and you just need to know the reliable plays
2017-06-08 9:18 Market Maven 26 months
2017-06-08 9:19 Reed 1% a day keeps a boring job away
2017-06-08 9:19 Market Maven I do 4 5 6 1% plays a day I just dont alert them because I dont want to distract the room
2017-06-08 9:19 Market Maven Curt and Flash have been doing it for years and they have it down to a science
2017-06-08 9:19 quarryrock wow just nailed a grand on $138 baba weeklies in literally 6 mins! damn it moved fast
2017-06-08 9:20 Market Maven NICE!
2017-06-08 9:20 Cara wow congrats QR!
2017-06-08 9:20 quarryrock unreal it blew right through my sell order
2017-06-08 9:20 Frank Flash stopped daytrading I understand though.
2017-06-08 9:21 Market Maven True Frank cause he doesnt have to anymore
2017-06-08 9:21 quarryrock and there goes Goldman!!
2017-06-08 9:21 Market Maven lol
2017-06-08 9:21 Market Maven go get em QR:)
2017-06-08 9:21 quarryrock STC .74 for a bag and a half!
2017-06-08 9:21 OILK I think thats why Curt is swing trading more and more now to vs daytrading less
2017-06-08 9:22 OILK wow QR shark bumpin it
2017-06-08 9:22 Frank OILK I noticed that too
2017-06-08 9:22 Frank makes sense after you have gone through the process why would you daytrade as much
2017-06-08 9:23 Frank Wow Maven you know how to hold them I noticed that
2017-06-08 9:23 Frank You always get the extra
2017-06-08 9:24 Dave thats likely because shes come after curt and flash they likely just get their piece and cut and its a quick in and out no muss no fuss
2017-06-08 9:24 Dave work the system for 1% a play no stres
2017-06-08 9:25 Frank i can chime in and say yes you guys see it right
2017-06-08 9:25 Sandeep agree same thing i see
2017-06-08 9:25 Sandeep been watching for about 5 months
2017-06-08 9:26 Sandeep Maven you should share all your trades
2017-06-08 9:27 Market Maven I’ll talk o Curt – he asked that the newer traders get opp to do their thing – its a balance I guess
2017-06-08 9:27 Market Maven I got out when Stoch RSI turned down on XIV BTW
2017-06-08 9:27 OILK Thats funny – you followed the rrules they didn’t
2017-06-08 9:27 GS_NL I’m with Dave and Reed 🙂
2017-06-08 9:27 OILK good for you mm
2017-06-08 9:28 Market Maven I’ll ask Curt to review it at lunch for you guys no problem.
2017-06-08 9:28 quarryrock added a few more shs to $NTNX
2017-06-08 9:29 glenn im jacked up i have to say
2017-06-08 9:30 glenn been watching too sandeep
2017-06-08 9:30 glenn for 3 months
2017-06-08 9:31 glenn lost a lot in ——– program
2017-06-08 9:31 glenn but lesson learned
2017-06-08 9:31 glenn i think thats the outlier thing curt was explaining not sure
2017-06-08 9:32 sammy t I think So
2017-06-08 9:32 sammy t Ive traded with these guys for 2 years now and near my goal.
2017-06-08 9:33 Sandeep I noticed you over last number of months Sammy I though so
2017-06-08 9:34 sammy t Curt asked the six of us to stay as cool as possible because we all trade 5 to 10 times a day and we would take over room if we shared every play. But I agree maybe we should be sharing more and working the plays with newer traders.
2017-06-08 9:34 quarryrock $NVDA is a monster
2017-06-08 9:35 Cam NVDA is a dream come true I hold it.
2017-06-08 9:35 quarryrock sweet!
2017-06-08 9:35 Reed I would love if y’all shared your trades
2017-06-08 9:36 Cam i agree
2017-06-08 9:36 Market Maven I’ll talk with Curt.
2017-06-08 9:37 Market Maven We’ll figure something out.
2017-06-08 9:37 GS_NL You better use some criteria to share trades.
2017-06-08 9:37 GS_NL I.e. no shorts
2017-06-08 9:37 GS_NL No options for now
2017-06-08 9:37 quarryrock $GS thru $219
2017-06-08 9:37 GS_NL That will keep it more quiet in the room
2017-06-08 9:37 Cam i went back in to every transcript and thats how i learned
2017-06-08 9:38 Reed Thats a good idea cam
2017-06-08 9:38 Cam took a lot of time but i did it
2017-06-08 9:38 Cam but ya maven that would be good lets pump it up in here!
2017-06-08 9:39 Dave ha ha
2017-06-08 9:39 Caide Transcripts are good
2017-06-08 9:39 Tracy I, for one, would really appreciate that Sammy T.
2017-06-08 9:39 Caide I was here day it started and I can say for sure they win as curt says
2017-06-08 9:40 Caide I know people hassle him because he tells about winning lol
2017-06-08 9:40 Caide I watched that part too
2017-06-08 9:40 Caide But I watched since day one and you guys win
2017-06-08 9:41 Caide I even heard Curt say he was learning from the others in the group too like QR and the first group thats interesting to me
2017-06-08 9:42 Caide I ws a Sykes loser looooool
2017-06-08 9:42 Tracy $UEC the 8 just crossed above the 200, MACD crossed up, RSI is up
2017-06-08 9:43 Caide But ya I lost hurt bad OUCH
2017-06-08 9:43 quarryrock steel names on watch for an afternoon ss
2017-06-08 9:43 Sandeep $UEC should fly Tracy IMO thats a good one
2017-06-08 9:43 quarryrock they are getting extended here
2017-06-08 9:43 darni on my watchlist too
2017-06-08 9:44 darni since were all sharing i been trading with this group for 6 months and blew up when i first came in and curt warned me and now i am on the path to FREEDOM!
2017-06-08 9:45 Tracy What’s qetting extended QR, I lost ya
2017-06-08 9:45 darni I like the new experienced guys too QR and Hedge Hog and some others
2017-06-08 9:46 quarryrock the steel names are good fade candidates typically once they run this much in a day
2017-06-08 9:46 quarryrock alot of the money is hot so traders take profits and run
2017-06-08 9:47 darni interesting QR is that like normal or just rcent
2017-06-08 9:47 quarryrock still too early though IMO
2017-06-08 9:47 Tracy Thx qr
2017-06-08 9:48 quarryrock well the steels are up today on JPM piece – but they have been wildly volatile and trending down
2017-06-08 9:48 darni mats really knowledgeable too i noticed fyi
2017-06-08 9:49 quarryrock not suggesting a trade yet but on watch
2017-06-08 9:50 Tracy Yes darni, I’m a newbie but there are some AWESOME traders in this room!
2017-06-08 9:51 quarryrock $NTNX however is a beauty here slow grind back up
2017-06-08 9:52 darni qr can i ask what you use for scanning
2017-06-08 9:53 quarryrock my basis is now $17.52 so im going to raise my stop above to lock gains
2017-06-08 9:54 quarryrock i have both Fideltiy Active Trader Pro and Schwab Street Smart Edge platforms use both interchangeably for scanning etc
2017-06-08 9:54 darni thx!
2017-06-08 9:55 Caide I thought best of day was OILK asking Curt to borrow money when he blows his accounts lol right when Curts on a rant
2017-06-08 9:59 Curt M_1 Wow I missed alot:)
2017-06-08 9:59 Curt M_1 Good you’re all teaming:)
2017-06-08 9:59 Curt M_1 I’ll be on in less than 10 to review if you have any you’d like to look at.
2017-06-08 10:00 Curt M_1 And yes I’ll review th $XIV $VIX play:)
2017-06-08 10:01 Curt M_1 And yes we can go over the crew sharing trades:)
2017-06-08 10:01 Caide sweeet
2017-06-08 10:02 Tracy So, when I look at SGMO (which is my largest holding by far, long-term cuz I believe in the company) on a 1 year chart it has our classic 200 ema swooping in. When you look at it on the today chart, 1 minute, the 8 crossed up over the 50 and the 20, price is above the 200, and it is moving today, up 6.21&^%. I hope that is a better alert for everyone, and Curt, could you please look at the chart.
2017-06-08 10:03 quarryrock check out $CATB on cystic fibrosis news
2017-06-08 10:03 quarryrock decent volume on this cheapy – no position
2017-06-08 10:04 mat CYH using 200 as support, back over the 4 day and trying to get over the 100. Im looking for this to rotate back towards the top of the box around 10ish
2017-06-08 10:05 Curt M_1 ya np $SGMO added
2017-06-08 10:05 Tracy Thx
2017-06-08 10:06 Curt M_1 On mic in 3 mins mid day review>>>>>> 12:08
2017-06-08 10:08 Curt M_1 On mic for mid day review>>>>>>>>> 12:10 PM
2017-06-08 10:19 mat ATM machine last year that’s for sure
2017-06-08 10:28 GS_NL What timeframe are you talking about, Tracey? Weekly, I guess.
2017-06-08 10:29 Tracy Oh I am way up on this one, in at 4. I just thought it fits our model, on my 1 year, it looks like the 200 came swooping in a couple of weeks ago. Thought it wuold be a good swing for others
2017-06-08 10:30 Tracy My daily shows it’s over the 200 day, no?
2017-06-08 10:32 GS_NL Yes, you’re right. But there are stocks I have to look for the timeframe, if you’re not mentioning it 🙂
2017-06-08 10:32 GS_NL I have read over that line
2017-06-08 10:32 GS_NL of yours
2017-06-08 10:33 Tracy That drives me nuts, when the 200 is over on the daily and under on the weekly.
2017-06-08 10:36 mat on the day it’s 200 day on the week it’s 200 week
2017-06-08 10:40 Tracy Thanks Curt.
2017-06-08 10:40 quarryrock im back in the banks !
2017-06-08 10:40 Tracy Mat, so they’re totally different?
2017-06-08 10:40 mat Full disclosure Im in on that from the 8.3s
2017-06-08 10:41 Tracy Which ones Q>
2017-06-08 10:42 quarryrock goldman – but they are all working still
2017-06-08 10:42 quarryrock also think baba finds $142 by the close. no positon yet
2017-06-08 10:42 Tracy Thx!
2017-06-08 10:43 mat I hit it right around the 200. 2 days ago
2017-06-08 10:44 quarryrock so what i did with $GS was a roll up
2017-06-08 10:45 quarryrock banked the $220 C’s rolled profits only into $222.50 C’s
2017-06-08 10:45 mat low 10’s have been resitance that last two times up. Through there and it should fly. i have 12’s then 15/16 like yourself
2017-06-08 10:45 quarryrock basically playing house money on a stock that is running
2017-06-08 10:48 Tracy I heard that Tremor in your voice when you said that, LOL.
2017-06-08 10:49 Tracy Yes, Maven is my hero. 🙂
2017-06-08 10:51 quarryrock $NVDA OMG
2017-06-08 10:53 quarryrock wow rug pull on $NTNX – my raised stop got filled
2017-06-08 10:53 quarryrock made grocery money lol
2017-06-08 10:55 sbrasel QR me also,was under and broke even will wait till the gossip confirms
2017-06-08 10:56 quarryrock not bad … this name will be a good swing or DT for awhile
2017-06-08 10:57 quarryrock lots of short interest so its gonna be volatile
2017-06-08 11:00 quarryrock banks are so strong today.
2017-06-08 11:03 Tracy Comey “There is no proof that Russians were involved in the 2016 elections.”
2017-06-08 11:05 Tracy Will volatillity crash now?
2017-06-08 11:05 mat it already did. Single digits is about as crashed as you’ll see
2017-06-08 11:06 mat 8 handle is unlikely so not much lower to fall here
2017-06-08 11:06 quarryrock wow $IWM
2017-06-08 11:06 Tracy Got it, so that is when the news came out.
2017-06-08 11:06 quarryrock Trump Bump!
2017-06-08 11:08 Tracy The weird thing is my account was up HUGELY earlier, and then came down a lot, going back up now but no where near where it was. Was just trying to figure how volality played in that.
2017-06-08 11:09 mat cc qr: 400 NVDA Jun 9th 157.5 Calls $2.399
2017-06-08 11:09 quarryrock nice!!!
2017-06-08 11:10 quarryrock $RH is one of the most fascinating stocks Ive ever seen
2017-06-08 11:10 quarryrock they must be buying back their own shs
2017-06-08 11:10 Tracy Bottom plays would be great because that is what I was doing in the bios.
2017-06-08 11:12 Tracy I can see that it’s far more successful (our pattern) than bottom plays.
2017-06-08 11:23 Cara Anyone have any daytrade setups for afternoon ?
2017-06-08 11:24 Market Maven short steel:) mmaybe
2017-06-08 11:25 mat Looking for an energy bounce here but I’m swinging those on a tight leash. Picked up some SWN small to play against LOD
2017-06-08 11:25 mat Reverse of Curt here but these have been killed so I want to see if they do anything
2017-06-08 11:27 Curt M_1 There’s still room on OIL chart in downtrending channel to upside for sure Mat
2017-06-08 11:27 Curt M_1 a fair bit possible
2017-06-08 11:28 Curt M_1 and ya its been murdered lol so true
2017-06-08 11:30 mat Im not in love for much so I suppose that could almost be classified as a boredom trade but we’ll see. Not much else jumping out at me here
2017-06-08 11:41 Curt M_1 $PTSG one of the few stocks I’ve seen respond negative to MA cross overs
2017-06-08 11:50 quarryrock BTO $BABA $140 C’s $1.32
2017-06-08 11:51 quarryrock small trade
2017-06-08 11:53 quarryrock just came back from a walk nice day finally – i bought those $BABA’s at 1:30 est fyi
2017-06-08 11:57 quarryrock Down ticks arent allowed in $NVDA lol 🙂
2017-06-08 12:00 quarryrock $GS due to pop right here and right now
2017-06-08 12:00 mat Big Jun 170 block went through as well. Never stops in the Semis
2017-06-08 12:00 quarryrock liftoff in 3, 2, 1
2017-06-08 12:04 quarryrock_1 B I N G O!!!
2017-06-08 12:09 quarryrock STC $BABA $140 C’s 48%
2017-06-08 12:13 quarryrock Best trading day of the month for me folks – Been some tough days too
2017-06-08 12:15 Tracy Congratulations Q!!!!
2017-06-08 12:17 Flash G nice QR
2017-06-08 12:17 quarryrock TY – it helps when mkt is rallying -just jump on the winners of the day
2017-06-08 12:22 quarryrock ss $X $21.88 stop just above previous HOD $22.29
2017-06-08 13:07 Cara Shippers are alive again
2017-06-08 13:24 Curt M_1 Long $UUP legging in 1/5 size 500 shares 25.07 from main account possible downside 95.55 DXY and it is trading 96.99 so its a managed trade RR
2017-06-08 13:25 Flash G I will start that with you.
2017-06-08 13:25 Market Maven I”m in.
2017-06-08 13:25 OILK Why not
2017-06-08 13:26 Curt M_1 I’ll explain the set up before close
2017-06-08 13:29 quarryrock covered $X ss for groceries stock is holding up
2017-06-08 13:35 Tracy I’m watching, can’t see what you all see by looking at the chart.
2017-06-08 13:36 quarryrock $BABA HOD Beast
2017-06-08 13:37 Curt M_1 I’ll explain $UUP entry at 3:55 ET I just have a few other pays I’m watching at close.
2017-06-08 13:40 Market Maven It’s an algorithm set up Tracy. Best I let Curt explain. It could have some downside too first though.
2017-06-08 13:40 Tracy Okay, thanks MM.
2017-06-08 13:42 Cara $DRYS $DCIX $TOPS $GLBS shippers jiggy
2017-06-08 13:45 Curt M_1 On mic to explain my $UUP $DXY set up
2017-06-08 13:48 Tracy Okay, thanks!
2017-06-08 13:49 Curt M_1 NP wish there was more of a technical or conventional reasoning lol
2017-06-08 13:51 Tracy Well, I’m happy with your explanation, at least I’m not losing my mind. No WONDER I couldn’t see it on the chart. LOL.
2017-06-08 13:58 GS_NL Thanks all and good night, almost going to sleep over here in Europe
2017-06-08 13:58 Flash G Good night
2017-06-08 13:58 Flash G Real rates rise, energy tanking, you could be right Curt
2017-06-08 13:59 Cara Ya good night people as OILK says
2017-06-08 13:59 OILK cya
2017-06-08 13:59 Curt M_1 Might be right – we’ll see – if nothing else not far left to downside IMO
2017-06-08 13:59 Curt M_1 Have a great night folks! Thanks:)
2017-06-08 14:00 Market Maven Happy travels Curt
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The bar of my success is directly attached to what percentage of traders in our group are successful on a regular and consistent basis.
The bar of my success is directly attached to what percentage of traders in our group are successful on a regular and consistent basis.
— Curtis Melonopoly (@curtmelonopoly) June 4, 2017
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Article Topics: $XIV, $USOIL, $WTIC, $BABA, $NVDA, $AMZN, $NFLX, $DXY, $UUP, 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
