| (05:33 am) JoeyTSA :early gap up:
HD,QIWI,HZNP
(05:33 am) JoeyTSA :early gap down:
TSLA,URBN,BBY,TLLP,OILT
(06:11 am) Mitch King:got a buy signal on CL
12-13 on Thunder 2 beta version
(06:17 am) Mitch King:cancel that buy signal
on CL 12-13, no volume, switching to 1-14
now
(06:17 am) JoeyTSA :no major reports today
but treasury sec, fomc members,0bama all
speak during hours
(06:18 am) JoeyTSA :eye on TSLA $122, nice
bounce
(06:18 am) JoeyTSA :bernanke to speak at 7pm
est, not sure how that will affect anything
tomorrow
(06:22 am) Mitch King:double top on CL 1-14
(06:24 am) Mitch’s Assist. :November 19,
2013, Tuesday Pre Market Up: HZNP, EVOK,
BIDU, AAPL, TSL, UAL, QIWI, SPEX, HZNP, IPCI,
Pre Market Down: BBY, TLLP, RAI, URBN,
OILT, XONE, SSYS,
(06:30 am) Mitch King:watching VJET
(06:30 am) Mitch King:ADP up
(06:30 am) JoeyTSA :eye on BIDU $165 for
potential breakout
(06:31 am) JoeyTSA :eye on SCTY pullback
(06:32 am) Mitch King:watching NOAH for
bottom
(06:32 am) Mitch King:watching ZION
(06:33 am) Mitch King:TSL turning over
(06:33 am) Mitch’s Assist. :WATCHING icld
(06:33 am) JoeyTSA :eye on BBY
(06:36 am) Mitch King:watching JEC for bottom
to buy
(06:36 am) Mitch King:YOKU dropping
(06:36 am) JoeyTSA :eye on ICLD pullback
(06:37 am) Mitch King:BBY dropping,
monitoring
(06:37 am) Mitch King:monitoring CWH
(06:38 am) JoeyTSA :eye on QIHU
(06:38 am) Mitch’s Assist. :monitoring HD
(06:39 am) Mitch King:UAL trending up
(06:40 am) Mitch King:watching CRM for
bottom
(06:41 am) Mitch King:consider covering CL
1-14 if short
(06:41 am) Mitch King:consider covering CL
1-14 if short
(06:44 am) Mitch King:looking for bounce in
CL 1-14 soon
(06:44 am) Mitch King:looking for bounce in
CL 1-14 soon
(06:44 am) Mitch King:watching URBN for
bottom to buy, take tiome
(06:44 am) JoeyTSA :tighten QIHU if short
(06:46 am) Ed :YY ,Z monitor for potential
longs
(06:46 am) Ed :SPY lod
(06:47 am) Ed :YY would like more selling
@near48 level
(06:47 am) JoeyTSA :eye on AEGR, been weak
(06:47 am) Ed :Z would like more selling
@near 75 level
(06:48 am) JoeyTSA :eye on SPEX, bit % move
(06:50 am) JoeyTSA :eye on VIPS
(06:41 am) Mitch King:consider covering CL
1-14 if short
(06:44 am) Mitch King:looking for bounce in
CL 1-14 soon
(06:56 am) Ed’s assistant :Monitoring ISIS
(06:59 am) Mitch King:still expecting bounce
in CL
(07:04 am) JoeyTSA :/ES pp is 1791 area
(07:04 am) Ed :SPY new hod
(07:09 am) JoeyTSA :tighten AEGR if you got
it long
(07:14 am) Ed :Kynikos Associates’ Jim
Chanos: Equity investors need to be cautious;
bearish on coal, short most all leveraged
coal companies, ExxonMobil and others looking
like a ‘value trap’ (related XOM CNX ACI BTU
ANR JRCC KOL )
(07:15 am) JoeyTSA :eye on NFLX
(07:17 am) JoeyTSA :DKS
(07:45 am) Mitch King:TTS worth watching for
trades
(08:03 am) JoeyTSA :eye on QCOR
(08:08 am) Mitch King:watching TTS closer
(08:13 am) JoeyTSA :tighten QCOR if short
(08:30 am) Mitch King:got sell signal on
Thunder 2, late post, sorry about that
(08:38 am) JoeyTSA :eye on TSLA
(09:12 am) Murano :watching MM
(09:46 am) Qwert :VJET selling picking up
(09:55 am) Murano :watching P
(09:56 am) Ed 😛 Albert Fried & Co. Cuts
P to Underweight from Market Perform, price
target: $23 (timing uncertain)-
(09:56 am) Ed :ELLI Hearing weakness
attributed to cautious commentary in an
M&A Blog-
(09:56 am) JoeyTSA :eye on DDD
(10:04 am) Ed’s assistant :Monitoring BGS
(10:15 am) Mitch King:looking for CL 1-14 to
drop, short at 93.98
(10:15 am) Ed’s assistant :PASSING ON BGS NO
VOL
(10:23 am) Ed :solars selling hard
(10:25 am) Ed :SPY nearing lod
(10:25 am) Ed :selling picked up in markets
(10:28 am) Mitch King:short term traders
consider covering CL but should break down
more
(11:06 am) JoeyTSA :watching SSYS also
(11:24 am) JoeyTSA :tighten SSYS if you took
it long
(11:34 am) JoeyTSA :DVN lots of vol past
10-15 minutes
(11:35 am) Ed :DVN Said to be nearing deal to
purchase privately held GeoSouthern Energy
for $6B – press
(12:40 pm) Ed :US) President Obama: Health
law rollout has been rough, Washington must
stop governing by crisis – WSJ meeting-
(12:59 pm) Ed :have great eve traders
| (05:53 am) taco :sky, its CL01-14 now
(05:53 am) taco :gm all
(05:53 am) skydiver :thanks — wow — got to
learn when these contracts change 🙂
(05:53 am) Qwert :yes sky
(05:53 am) skydiver :great
(05:54 am) Qwert :you
(05:54 am) taco :usually clue for me is when
chart looks unusual
(05:54 am) JoeyTSA :old contract is still
trading though
(05:54 am) skydiver :gotcha taco — old
CL12-13 was interesting — okay – switching
over to CL01-14
(05:55 am) taco :but trade what you like
(05:55 am) JoeyTSA :i hate rollover day on
contracts, volume acts weird sometimes
(05:55 am) skydiver :good to know —
learning 🙂
(05:56 am) Qwert :yesterday i barely traded
futures because of the split volume
(05:58 am) taco :IB had shares for ONVO and
VJET short earlier but not anymore
(06:00 am) JoeyTSA :VJET was nice swing on
that break over $40..
(06:00 am) JoeyTSA :nice daily chart 🙂
(06:00 am) skydiver :yes joey — was looking
at the daily chart as well
(06:05 am) skydiver :stupid question — but
how does one get the CL01-14 up on Ninja ??
It won’t let me just type it in etc. Can
take the answer later when quie
(06:05 am) JoeyTSA :go to instrument manager
(06:06 am) skydiver :k
(06:06 am) JoeyTSA :control center> Tools
(06:06 am) skydiver :k
(06:06 am) JoeyTSA :then add it to your list
(06:06 am) skydiver :gotcha — thn joey l .
. 🙂
(06:07 am) JoeyTSA :easiest way is to
highlight old contract, then click on right
arrow in the instrument manager and then then
click the left arrow
(06:07 am) skydiver :okay 🙂 thnx again 🙂
🙂
(06:08 am) JoeyTSA :but ninja only shows the
current contract, so if for example 1-14
wasnt the default yet, then you would scroll
down thru the contracts in the middle of the
screen, and then manually scroll thru the
Expiry dates
(06:09 am) skydiver :ok
(06:09 am) JoeyTSA :both /CL and indicies
getting pushed
(06:10 am) skydiver :thanks joey — working
great now 🙂
(06:11 am) JoeyTSA :good, just dont forget
about TSLA haha
(06:11 am) skydiver :oh – thant’s right 🙂
(06:11 am) jasio :Good morning
(06:12 am) Qwert :Mitch are you still on
12-13 contract?
(06:13 am) Murano :good morning
(06:13 am) Mitch King:yes qwert, are you on
1-14?
(06:13 am) gum :good morning y’all from
Dixie.
(06:14 am) Qwert :yes im on 1-14
(06:14 am) JoeyTSA :eye on /ES 1790
(06:14 am) skydiver :good morning gum
(06:15 am) JoeyTSA :Good morning everyone
(06:19 am) Qwert :gm gum
(06:20 am) taco :gm gum
(06:22 am) Ed :good morning
(06:22 am) skydiver :3/4 out of TSLA long –
will keep last piece with tighter stop
(06:23 am) JoeyTSA :great way to start the
day sky, good job
(06:23 am) skydiver :thnxjoey :_
(06:23 am) skydiver ::)
(06:24 am) JoeyTSA :thanks Mitch for list
(06:26 am) taco :thx Mitch
(06:28 am) skydiver :thnx again Mitch for
gappers
(06:28 am) skydiver :stopped out on last
piece of TSLA long
(06:31 am) skydiver :TSLA crazy morning
(06:31 am) JoeyTSA :yeah sky, a bit too jumpy
for my taste
(06:32 am) skydiver :monitoring CRM – yes,
me too joey . . . sitting on hands now with
TSLA
(06:33 am) skydiver :any news on CRM?
(06:33 am) Ed :had earnings yesterday
(06:33 am) JoeyTSA :seems like solars pulled
back
(06:34 am) skydiver :thnx Ed
(06:34 am) JoeyTSA :guess i dont have to
worry about BIDU breakout for a little bit
haha
(06:35 am) regatta :watching CRM
(06:35 am) skydiver :guess not joey 🙂
(06:37 am) JoeyTSA :low vol, but eye on IOC
$90 level, nothing pressing yet
(06:37 am) skydiver :argh – closed my CL
short and ended up shorting more . closed
all quickly . . but made profit – again —
sim mode
(06:38 am) JoeyTSA :been there sky, scary
feeling
(06:38 am) skydiver :yep
(06:42 am) skydiver :thanks Mitch . . just
covered 2nd CL short
(06:45 am) JoeyTSA :/CL nice short
(06:46 am) skydiver :I shorted /CL – got out
to quick with mistakes, saw I got out tooo
early went in again and worked ok . . still
need work on patience 🙂
(06:47 am) skydiver :watching KORS
(06:47 am) skydiver :thnx Ed
(06:49 am) JoeyTSA :AAPL,TSLA hod
(06:51 am) skydiver :3/4 out on KORS long
(06:52 am) skydiver :TSLA – 3/4 out here
(06:53 am) JoeyTSA :decent bounce in markets
(06:53 am) skydiver :stopped out on CRM long
– took small posiion — mabe too tight of a
stop
(06:56 am) skydiver :ok – sitting on hands
for a bit . . got into too many trades at
once . . . clear head 🙂
(06:57 am) JoeyTSA :/ES trying to get back to
1790
(06:59 am) skydiver :i am long CL for a
bit
(07:00 am) JoeyTSA :good call Mitch
(07:00 am) Mitch King:ok sky, on this little
pullback here in CL, good to go long only 1
contract
(07:01 am) Mitch King:this fits yoru style,
(07:01 am) skydiver :seems like it Mitch 🙂
(07:01 am) Mitch King:it is a repeated buy
signal after an uptrend started, they are
usually good
(07:01 am) skydiver :ok
(07:01 am) skydiver :I’m still hanging on .
fought temptatio to sell 🙂
(07:01 am) Mitch King:event hough it doesnt
shows up. got to be quick and nimble so fits
yoru style
(07:01 am) skydiver :ok
(07:02 am) skydiver :thnx Mitch 🙂
(07:02 am) Mitch King:you can apply simple
logic or common sense that CL dropped 65
ticks and also a previous support level of
93.25 area early this mornign around 435am
pacific time
(07:02 am) skydiver :ok
(07:03 am) skydiver :I see that Mitch — ok
(07:03 am) Mitch King:ok sky, try here at
93.40, this pullback, they dont last long,
very short window. but you dont continue
that technique anymore after this one,
(07:03 am) skydiver :ok – 🙂
(07:05 am) Mitch King:what i am saying is if
you are going to micro trade then the first
dip after a bottom in CL and the 2nd is a
high odds play but you dont keep doing that
past this point. on weaker bounces, the odds
shift against you
(07:05 am) skydiver :ok – I was thinking
that was the case . . .okay — confirms my
thought – thn
(07:06 am) JoeyTSA :nice bounce on big names
(07:08 am) Mitch King:you guys trading CL, i
will show you Thunder 2 chart in a little
bit, sort of busy now
(07:08 am) skydiver :sounds great Mitch on
Thunder 2
(07:08 am) alan3 :Thanks, Mitch
(07:09 am) JoeyTSA :AEGR has room to run, but
has wide spread
(07:09 am) Mitch King:about to fill target 2
on CL long position,
(07:10 am) Mitch King:ok target 2 filled at
93.67, still 3rd contract open
(07:10 am) Mitch King:what i call my runner
contract
(07:10 am) skydiver :awesome Mitch!
(07:10 am) skydiver :great strategy
(07:10 am) JoeyTSA :great call Mitch
(07:10 am) taco :nice Mitch
(07:11 am) Qwert :great call mitch
(07:11 am) skydiver :Makes trading CL —
fun 🙂
(07:11 am) JoeyTSA :yeah sky
(07:12 am) skydiver :what a nice run on CL
–
(07:12 am) skydiver :interesting chart on
CL
(07:13 am) Mitch King:see those two circles
SKY? thats what i was talkign about
(07:13 am) skydiver :gotcha Mitch – awesome
🙂
(07:13 am) Mitch King:this is thunder 2
(07:13 am) skydiver :very very nice
(07:14 am) Mitch King:see targets 1 and 2
filled? same as we talked about in portland
workshop
(07:14 am) JoeyTSA :thx Ed
(07:14 am) skydiver :I see that Mitch —
strategy works excellent
(07:14 am) JoeyTSA :93.99 is pp on /CL
(07:15 am) skydiver :thnx joey
(07:15 am) Mitch King:ok, now you see this
double top here where it cant go above 93.90?
red flag, tells me to consider selling soon
(07:15 am) skydiver :ok
(07:15 am) Mitch King:we are looking at CL
1-14
(07:15 am) skydiver :I’m on CL 1-14 as
well
(07:15 am) Qwert :mitch do you wait for sell
signal then on last contract
(07:16 am) alan3 :Great chart.
(07:16 am) Mitch King:yes i usually do qwert
but the program might not generate one, so i
sell manually in a pink zone which is a sell
zone
(07:16 am) electrader :Mitch, what time
frame is this chart?
(07:16 am) Mitch King:ok thats the 3rd try to
break above 93.90 so i probably am closing
soon, very soon
(07:17 am) Mitch King:the 3rd contract is up
around 55 ticks so far
(07:18 am) Mitch King:did you guys like
THunder 2? there arent many signals to be
filtering out like Thunder 1, im trying my
hardest to get this out to you within 10
days
(07:18 am) taco :v nice Mitch
(07:18 am) Mitch King:probably this Saturday
i send you download link,
(07:18 am) alan3 :I like it.
(07:18 am) skydiver :Yes Mitch – awesome
(07:18 am) Qwert :it looks great mitch
(07:19 am) Mitch King:but that research you
all did, was really important for you to
trust this, and it carries over to Thunder 2
as well.
(07:20 am) electrader :Great stuff Mitch
(07:21 am) JoeyTSA :great work Mitch
(07:22 am) Mitch King:ok like this pop here
in CL i close the log on because it has had a
triple top, now the 4th attempt cant stay
above 93.90 on CL 1-14
(07:22 am) Mitch King:log = long
(07:22 am) JoeyTSA :great trading, break
time, see you in 20
(07:22 am) Mitch King:ok break through, so i
was wrong, often times best to wait for form
sell signal
(07:23 am) Mitch King:form = formal
(07:24 am) Mitch King:ive been thinking about
you sky. that instead of trying to get you
to change so radically in your personal
trading style, why not give you other high
odds entries so you can make 8-15 ticks since
it is difficult to ride out a 50-60 tick run.
so thats why i gave you those little dips.
(07:25 am) Mitch King:they are a little too
quick for me and my style is i know the odds
are very high price continues up. taco,
electrader, jasio, qwert, others proved that
in research
(07:26 am) skydiver :gotcha Mitch and those
worked great for me
(07:26 am) skydiver :thinking I need to
incorporate your 3 contract system and let
the last one catch the runner
(07:27 am) Mitch King:so now what i do is
take a quick scan on a few other charts, take
a break, get something eat. and just wait for
next setup
(07:27 am) Qwert :Mitch are you short /CL
now?
(07:27 am) Mitch King:no qwert
(07:28 am) skydiver :enjoy your food guys .
. I have to start my liquid diet today thru
Thursday . . going to miss solid food!!!!
(07:29 am) Mitch King:i figured instead of
beating you up getting you to transition from
microtrading to longer hold times, from
seconds to 30-45 minute cycles in CL, i might
as well give you a few pointers to help your
microtrading but i say again, as i have for a
couple years to you, if you expand your hold
time, your profits usually double and triple
from here. it is really hard to maximize
profit on microtrades
(07:30 am) skydiver :gotcha Mitch . . I’m
working harder towards getting to hold trades
longer . . . need more work however 🙂
(07:31 am) Mitch King:while you transition
and try to expand that time horizon, you
still want to keep profits coming in the old
way and not all of a sudden lose confidence
or trust in your skillset
(07:31 am) skydiver :ok
(07:31 am) skydiver :sounds like a good
plan
(07:31 am) Mitch King:your skillset is
producing money and it seems consistent so
the trick is to keep what you have coming in
and go for a gradual paradigm shift
(07:32 am) Mitch King:i believe the paradigm
shift comes to you when you research what i
got from the other guys at the workshop,
(07:32 am) skydiver :ok — I think trading
CL and that info is going to be a big step
in right direction
(07:32 am) skydiver :it’s a slower feeling
pace onld CL
(07:34 am) skydiver :Thanks again for the
awesome teaching Mitch — big help 🙂
(07:35 am) regatta :just saw CRZO from
yesterday
(07:35 am) Mitch King:the word picture is
improvement, not trying to correct real bad
behavior, like as a word picture, trying to
get you to stop drinking non stop. it is
more of a gradual shift toward improvement.
im saying what you are doing isnt all bad, it
is just not that efficient
(07:35 am) skydiver :understood
(07:35 am) Mitch King:im saying you got a lot
of skills developed now, you can see price
action, pattern recognition, you are
decisive, all will help
(07:36 am) skydiver :ok
(07:43 am) skydiver :Credit Swiss –
defending BBY
(07:46 am) Mitch King:ok, now this drop in CL
here . . . I don’t buy those dips, it is way
too late in the uptrend to do that, you can
do that for a couple times after the bottom.
i think i mentioned this on the final review
in Portland, most of you had to leave
(07:46 am) skydiver :Yes Mitch , I remember
you sharing that info
(07:47 am) alan3 :Got it.
(07:51 am) skydiver :Out of time for today –
thanks for great calls and great lessons
Mitch . . . see you all around last hour
today. Make lots of $$$ 🙂
(07:51 am) Ed :c ya sky
(07:51 am) skydiver ::)
(07:51 am) taco :cya sky
(07:55 am) JoeyTSA :bye sky
(07:57 am) taco :FB approaching 47?
(08:01 am) regatta :watching OVO
(08:01 am) regatta :ONVO
(08:18 am) JoeyTSA :/CL giving pp another
test
(08:38 am) JoeyTSA :decent moves on TSLA
today
(08:55 am) Qwert :Huge pop on TTS
(08:56 am) taco :darn, i got out from
boredom 🙂
(08:56 am) taco :nice call Mitch
(08:57 am) Qwert :yeah i had a tiny piece
left taco got hit at .92 :))
(08:57 am) taco :haha
(08:57 am) Qwert :that volume had really
dried up tho
(08:57 am) taco :u had a target there
qwert?
(08:58 am) Qwert :yeah just had an order
sitting ther for last bit and normally would
just bump it down, thats why i do that tho
every once in a while get lucky
(08:59 am) taco :nice
(09:00 am) Qwert :gotta get lucky once in a
while
(09:00 am) taco 🙂
(09:00 am) JoeyTSA :lucky is good 🙂
(09:01 am) Qwert :lucky sometomes better than
good
(09:01 am) JoeyTSA :agreed
(09:42 am) taco :watching VJET
(09:43 am) regatta :ELLI spike down
(09:43 am) Ed :quick spike
(09:47 am) JoeyTSA :/CL right back to pp
(09:48 am) Ed :nice qwert on VJEt
(09:49 am) Qwert :sorry didnt see taco had
already posted it
(09:49 am) taco :no worries, i was happy to
be on the right track when you posted it 🙂
(09:50 am) JoeyTSA :did you get it short
(09:50 am) taco :no shares at IB
(09:50 am) JoeyTSA :on L list @ lightspeed,
didtn bother to look, didnt check TS either
(09:51 am) Murano :VJET not shortable at
Lightspeed
(09:52 am) JoeyTSA :didnt think so, thanks
Murano
(09:52 am) Ed :thx for VJET qwert
(09:52 am) Qwert :The long is working good
(10:00 am) Murano :covered 3/4 P
(10:06 am) JoeyTSA :eye on NFLX pullback
(10:08 am) Murano :covered last 1/4 P
(10:54 am) JoeyTSA :anyone get NFLX short?
(11:03 am) JoeyTSA :looking at a few charts,
its feels like the market should be down
more
(11:03 am) JoeyTSA :some ugly charts out
there today
(11:20 am) Ed :agreed joey
(11:24 am) JoeyTSA :decent bounce on DDD
(11:48 am) JoeyTSA :great bounce on VJET too
(12:31 pm) JoeyTSA :THanks
Mitch,Ed,Diosna,Murano,Qwert,traders
(12:31 pm) JoeyTSA :have a great day, see you
tomorrow
(12:32 pm) skydiver :take care joey
(12:33 pm) Murano :see you joey
(12:33 pm) Ed :c ya joey
(12:34 pm) taco :cya joey
(12:36 pm) Qwert :bye joey have a great
night
(12:45 pm) jasio :Ths Everyone
(12:46 pm) taco :cya jasio
(12:46 pm) Ed :c ya jasio
(12:47 pm) rd :See you all tomorrow
(12:47 pm) Ed :c ya rd
(12:47 pm) taco :bye rd
(12:58 pm) taco :thanks everyone have a
great night, cya in the am
(12:58 pm) Murano :see you taco
(01:00 pm) Qwert :good night everybody
|
Web Special
