February 27, 2014, Thursday
Trading
Room Moderator Chat
(05:42 am) JoeyTSA
:eary gap p TSLA,BIDU,SCTY,WDAY
(05:42 am)
JoeyTSA :early gap down: CTRX,RL
(06:20
am) Mitch’s Assist. :February 27, 2014,
Thursday Pre Market UP: JCP, DANG, CIE,
BIDU, WDAY, TSLA, NOAH, SHLD, RL, VRX,
COA, BTI, Pre Market DOWN:
CTRX, CIE, FBHS, RL,
(06:26 am) Mitch
King:/NG 4-14, still active but not as
crazy. had a drop of 2,160 ticks inthe
last 3 days. i would think we should
see a rebound on it. the chart shown
here is minute chart
(06:29 am) JoeyTSA
:watching BIDU here
(06:30 am) Mitch
King:watching YRCW
(06:30 am) JoeyTSA
:CTRX too
(06:31 am) Mitch King:watching
BBY
(06:31 am) Mitch King:watching IQNT,
don’t forget this one
(06:31 am) Mitch
King:ADSK moving up, could trend
(06:31
am) JoeyTSA :/CL $102 on watch
(06:31 am)
Mitch King:watching MDAS for top to
short
(06:31 am) JoeyTSA :DECK
(06:32
am) Mitch King:watching WLL for short,
microshort
(06:32 am) Mitch King:watching
NTES for short
(06:32 am) Mitch’s Assist.
:monitoring SFY
(06:33 am) Mitch’s Assist.
:edu
(06:33 am) Mitch’s Assist.
:monitoring TSLA
(06:33 am) Mitch King:WHR
prob more uptrend
(06:33 am) Mitch
King:monitoring CRM, prob more
upside
(06:34 am) Mitch’s Assist.
:sorry
(06:35 am) Mitch King:watching GTI
for top to short
(06:36 am) Mitch King:ZU
moving up, been good trading
(06:36 am)
Mitch King:watching SHLD for top to
short
(06:37 am) JoeyTSA :tighten BIDU if
long
(06:38 am) Mitch King:missed LKQ
bottom but watching for a top to short, take
time on this,
(06:39 am) Mitch
King:watching SRE for top for short; trades
both ways today
(06:39 am) Mitch
King:monitoring SOHU
(06:39 am) Mitch
King:monitoring BIDU for microshort
(06:40
am) Mitch King:watching GPOR for
top
(06:40 am) Mitch King:RJET
watching
(06:40 am) Mitch King:watching
THOR
(06:41 am) Mitch King:FSLR trending
up
(06:41 am) Mitch King:TEG toppy for
short, microshort
(06:41 am) Mitch
King:monitoring CLR
(06:42 am) Mitch
King:watchign CECO for short
(06:44 am)
Mitch King:watching KSS
(06:44 am) Mitch
King:2nd short on GTI, nice tight spread on
this
(06:44 am) Mitch King:FRAN moving,
watch
(06:45 am) JoeyTSA :eye on ANIK from
yesterday
(06:46 am) Mitch King:monitoring
GOMO drop
(06:46 am) JoeyTSA :tighten CTRX
if short
(06:46 am) Mitch King:MPC
bouncy
(06:49 am) Mitch King:watchign TSL,
more upside first
(06:49 am) Mitch
King:monitoring DANG
(06:50 am) Mitch
King:monitoring ROC
(06:50 am) Mitch
King:watching HII for 2nd short, missed
first
(06:51 am) Mitch King:monitoring EPL
for bottom, no hurry
(06:52 am) JoeyTSA
:YRCW on radar, not expectingbig move
though
(06:52 am) Mitch King:monitoring
EDU, low priority
(06:53 am) JoeyTSA :i
think Yellin speaks soon
(06:53 am)
JoeyTSA :indices giving good
pullback
(06:54 am) Mitch King:ZU still
trending up
(06:56 am) Mitch King:watching
TROX for top to short
(06:58 am) Mitch
King:consider reducing or selling SFY if
long
(07:01 am) Mitch King:ANIK was big
mover yesterday
(07:01 am) Mitch
King:watching ANIK for bounce, late to
see
(07:03 am) Mitch King:ZU uptrend still
strong
(07:04 am) Mitch King:DANG strong
uptrend
(07:06 am) JoeyTSA :watching
WLL
(07:07 am) JoeyTSA :TSLA great
pullback
(07:07 am) Mitch King:TSL steady
uptrend, solar sector
(07:08 am) Mitch
King:MDAS strong uptrend,
monitoring
(07:09 am) Mitch King:WLL
turned into more than microshort, watching
for bottom to buy
(07:12 am) Mitch King:ZU
double top
(07:12 am) Mitch King:consider
covering MDAS if short
(07:12 am) Mitch
King:expecting more upside on ANIK
(07:17
am) JoeyTSA :/ES basing aroud 1840
(07:20
am) JoeyTSA :nat gas # in 9min
(07:22 am)
Mitch King:more downside on ZU
(07:23 am)
JoeyTSA :QCOR giving great trades
(07:24
am) Mitch King:consider reducing WLL if
long
(07:27 am) JoeyTSA :/ES pushed off
that base and ran right up to pp
(07:39
am) Mitch’s Assist. :watchign BKD for bottom
to buy
(07:40 am) Mitch’s Assist. :BKD
should be excellent bouncer with this
increasing down volume and parabolic drop in
price
(07:49 am) Mitch’s Assist. :watching
QCOR for bounce, acting weak so far
(07:50
am) Mitch’s Assist. :TROX still trending
up
(08:11 am) Mitch King:LAMR
alert
(08:48 am) Mitch King:monitoring CLR
for bottom, no hurry,
(09:04 am) Mitch
King:monitoring ROC
(09:07 am) Mitch
King:looking for bounce here in CLR 116 area,
see if it drops much below
(09:35 am)
JoeyTSA :FONR vol spike, low vol overall
though
(09:36 am) JoeyTSA :TSRA getting
action too
(10:02 am) Mitch King:CLR
uptrend starting
(10:20 am) Mitch
King:monitoring DANG, uptrending likely to
continue
(10:31 am) Mitch King:watching
QCOR
(10:31 am) JoeyTSA :eye on
QCOR
(10:34 am) Mitch King:QCOR holding
$66 so far
(10:42 am) Mitch King:QCOR
having difficult moving above 67, consider
selling most
(12:58 pm) Mitch King:looks
like we have an all-time high in the SP-500
today
(12:59 pm) Mitch
King:sorry
(12:59 pm) Mitch
King:wynn
(01:00 pm) Mitch King:see you
tomorrow guys
(01:23 pm) Mitch King:look
at MELI aftermarket
| February 27, 2014, Thursday
Trading
Room User Chat
(05:21 am) Qwert :Good
morning Joey, devo, doji, regatta
(05:24
am) regatta :gm qwert, et al
(05:25
am) devo :GM everyone!
(05:27 am)
JoeyTSA :Good morning Qwert,
traders
(05:27 am) JoeyTSA :some reports
coming out in 2min
(05:28 am) JoeyTSA
:yellin speaks @ 7, nat gas # @
7:30pdt
(05:49 am) skydiver :gm all
and thnx for info and gappers
(06:09 am)
JoeyTSA :eye on 102.55 /CL
(06:10 am)
JoeyTSA :will use 102.20, 102.55 ,103 for /CL
to start
(06:10 am) JoeyTSA :watching 3680
on /NQ, then if thru keep eye on
3700
(06:11 am) JoeyTSA :wide range for
/ES 1833-1843
(06:15 am) alan3 :GM
everyone.
(06:17 am) Murano :good
morning
(06:17 am) JoeyTSA :good morning
traders
(06:20 am) devo :TSLA is
crushing it! Im waiting for
Hyperloop
(06:21 am) skydiver :thnx
for gappers Mitch
(06:21 am) JoeyTSA :thx
Mitch
(06:26 am) JoeyTSA :tighten /CL if
short there
(06:39 am) regatta
:watching RJET
(06:43 am) skydiver
:TSLA – 3/4 out on long
(06:44 am) JoeyTSA
:good one sky
(06:45 am) skydiver
::)
(06:47 am) skydiver :all out of
TSLA long for now
(06:48 am)
skydiver :GTI – not wanting to come
down – may close . . but hanging on for a
while longer
(06:48 am) JoeyTSA :i passed
on TSLA, couldnt get a good read on
it
(06:49 am) skydiver :agree joey –
it was a hard one for sure to read
(06:51
am) JoeyTSA :ANIK wide spread, be
cautious
(06:53 am) JoeyTSA :great call on
ZU Mitch
(06:54 am) regatta
:watching RIG
(06:57 am) regatta
:watching DANG
(06:59 am) JoeyTSA :/CL
bouncing between S2,S1
(06:59 am) JoeyTSA
:eye on WDAY $112 now
(07:00 am) JoeyTSA
:missed QCOR, n radar though
(07:03 am)
JoeyTSA :nice onIQNT watching flag form
now, hod breakout area
(07:15 am)
skydiver :TSLA – bottom?
(07:16 am)
JoeyTSA :no clue, big drop though
(07:17
am) JoeyTSA :eye on ALKS, been a great swing
stock, love tha daily chart
(07:20 am)
JoeyTSA :missed BIDU short, but been sitting
at this level, just waiting for next
move
(07:21 am) JoeyTSA :interesting
market action this week, seems like its not
ready to blast to next levels..or maybe its
just me 🙂
(07:23 am) Mitch King:i had
same thoughts last 2 days joey but the daily
charts are still intact
(07:23 am) JoeyTSA
:ZU on list, didnt see if its shortable
though, dont think it was yesterday
(07:24
am) JoeyTSA :yeah Mitch, i just keep watching
that 3700 fail on /NQ, on /ES focusing on
1835, 1850
(07:24 am) Mitch King:we did
hit a new 14 year high on nasdaq yesterday,
just by a little, strongest index plus
Russell 2000 strong too
(07:25 am) Mitch
King:but the Dow30 looks weak. i think
the Dow30 is becoming more and more
irrelevant to what the core market is
doing
(07:25 am) JoeyTSA :im waitng for
those new highs to hold
(07:25 am) JoeyTSA
:dow30 been irrelevant for years…
(07:25
am) JoeyTSA :but its what everyone focuses
on haha
(07:25 am) Mitch King:Dow30
is like an 8 track tape player
(07:26 am)
bill1 :NG inventory in 4 min
(07:26
am) skydiver :3/4 out of TSLA long –
will let last 1/4 ride for a bit
(07:26
am) JoeyTSA :equal-weighted indices give a
much mroe realistic reading than cap-weighted
ones
(07:27 am) skydiver :Yellen
speaking
(07:28 am) JoeyTSA :uh oh, she
used the “S” word…softer 🙂
(07:29
am) skydiver :TSLA has been nice . . so
far
(07:30 am) JoeyTSA :short break, back
in 20..great calls
(07:30 am)
skydiver :enjoy joey
(07:33 am)
skydiver :all out of TSLA long
for now
(07:38 am) regatta :watching
BKD
(07:41 am) Mitch’s Assist. :didnt see
your post first on BKD regatta, was listening
to Yellen speak
(07:42 am) Mitch’s Assist.
:im trying to get a feel of how she
thinks
(07:42 am) Mitch’s Assist. :so far
she is very predictable, will succumb to
political pressure easily
(07:43 am)
Mitch’s Assist. :this whole policy of
Bernanke and now Yellen even more so, to be
full disclosure is taking away great power
the Federal Reserve has
(07:44 am) Murano
:thanks for BKD regatta
(07:45 am)
regatta :i was waiting for BKD to
retest 32 level and it spiked on me, so i
missed it
(07:45 am) Mitch’s Assist.
:Yellen strikes me as the person you could
ask her a week before a FOMC meeting if she
is going to raise interest rates and she
would tell you
(07:47 am) skydiver
:I think you may be correct on that Mitch –
watching her speak as well
(07:47 am)
Mitch’s Assist. :the increasing down vol is
more important in BKD chart . you dont
get retests on parabolic increase in down vol
with price following it reg
(07:47 am)
Murano :regatta it is hard to use Lightning
on real fast movers. Try using RSI and
MACD on a 30 second chart. When they
cross start entering small
positions.
(07:48 am) regatta :will
do, tks for the input
(07:48 am) Murano
:both have to cross
(07:51 am) Murano
:regatta RSI setting is 14,10 and MACD is
7,14,7
(07:52 am) regatta
:ok
(07:53 am) Murano :regatta you find a
lot of fast movers. perfect the skill
and you will make a lot of money
(07:54
am) regatta :i just need to start
catching them w/o any boneheaded
moves
(07:54 am) Murano :start practicing
with small positions
(07:54 am)
regatta :i do catch a few and am using
sm positions
(07:55 am) Murano :I do
appreciate your posts
(07:55 am)
regatta :tks, all the feedback i get is
quite helpful
(07:58 am) skydiver
:good advice Murano – and thnx regatta for
your calls – hoping to get there someday
🙂
(07:59 am) skydiver :My time
unfortunately is up . . decent day . . thnx
for great calls and inputs 🙂 makes lots
$$$
(07:59 am) Mitch’s Assist. :later
sky
(07:59 am) Qwert :cya sky
(07:59
am) Mitch’s Assist. :be a good boy
(07:59
am) skydiver ::)
(07:59 am) Murano
:see you sky
(08:00 am) regatta
:watching BBEP
(08:02 am) Mitch’s Assist.
:this is amazing, Yellen is practically
telling Congress what her cards are while
playing poker
(08:02 am) Mitch’s Assist.
:not good, teh respect for the power of the
Federal Reserve is getting weaker
(08:03
am) Mitch’s Assist. :that is like Obama’s bad
policy of saying he was pulling troops by a
specific date from Afghanistan and Iraq, dumb
and dumber
(08:08 am) JoeyTSA :agreed
Mitch
(08:09 am) Mitch’s Assist. :on the
other extreme nobody knew what Greenspan was
saying
(08:11 am) JoeyTSA :IQNT move
happened while i was away
(08:12 am)
JoeyTSA :Qwert: are you here?
(08:13 am)
Mitch King:he is counting his money joey, its
going to be a while
(08:13 am)
JoeyTSA :haha
(08:13 am) Mitch King:we
know thats why you take so many breaks
too
(08:14 am) JoeyTSA :i thought Qwert
hired someone to count his money
(08:14
am) Mitch King:his wife won’t give up that
job
(08:14 am) JoeyTSA ::)
(08:18 am)
JoeyTSA :/ES trying for 1850 again
(08:20
am) Qwert :hahaha sorry had scrolled chat and
didnt see posts, yeah im not allowed to count
money 🙂
(08:20 am) JoeyTSA :qwert
did you say you were on the dating game
once?
(08:21 am) Qwert :on the Love
connection
(08:21 am) JoeyTSA :oh ok, got
it confused..i saw that the dating fgame host
jim lange died
(08:22 am) Qwert :oh thats
sad, no Chuck Woolery was the host
(08:22
am) JoeyTSA :right, confused the shows that
you were on
(08:29 am) Mitch King:hey
joey, i can of miss that crazy /NG
trading
(08:30 am) JoeyTSA :im not even
looking at it anymore
(08:35 am) JoeyTSA
:Mitch, not sure if you read ann coulter, but
she had a decent article on minimum
wage
(08:35 am) JoeyTSA :like reading her,
but dont always agree
(08:36 am) JoeyTSA
:http://www.anncoulter.com/columns/2014-02-26
.html
(08:51 am) regatta :just
watching PEIX run up
(08:51 am) JoeyTSA
:yeah regatta, they had a nice move earlier
too
(08:52 am) regatta :too bad i
only saw it now
(08:53 am) JoeyTSA :that
/CL 102.55 level listed premarket ws great
res again around 8pdt
(08:55 am) JoeyTSA
:Yellin saying that higher min wage might
affect employment
(08:56 am) JoeyTSA :also
saw hat Reid is pausing on the issue
too
(08:56 am) JoeyTSA :only 32 dem have
signed onto the bill
(09:12 am) JoeyTSA
:Murano: do you only use hot buttons on
lightspeed, or do you have any commands
key-mapped?
(09:13 am) Murano :Only hot
buttons
(09:13 am) Mitch King:hey joey,
what politician wants to be seen as not
supporting high employment when this November
is their re-election date?
(09:14 am)
JoeyTSA :gotya Murano, im trying to be more
tech-savvy so i mapped an alert window to the
keyboard
(09:14 am) JoeyTSA :its all about
elections Mitch
(09:15 am) Murano :I don’t
have the computer skills
(09:15 am)
JoeyTSA :took me a bit, im not really good
with computers actually
(09:16 am) Murano
:didn’t you say trade ideas is on
Lightspeed?
(09:16 am) JoeyTSA :i have 5
computers but barely know how to do anything
fancy with them
(09:16 am) Mitch King:i
think Trade Ideas made a special layout for
them murano, also links with their
platform
(09:17 am) Mitch King:its on
their site
(09:17 am) JoeyTSA :yeah, they
just had a new deal or something
(09:17
am) Murano :I need to check that
out
(09:18 am) JoeyTSA :im waiting to hear
feedbck on that version
(09:18 am) JoeyTSA
:if its the full-blown version and i can get
it to do what i want, i will use it and
cancel Madscan
(09:19 am) Murano :Is
anyone in the room using Trade Ideas on
Lightspeed?
(09:19 am) JoeyTSA :sky was,
not sure if he still is but i think
so
(09:20 am) JoeyTSA :maybe we both
should email lightspeed and ask about the TI
capabilities
(09:20 am) Murano :I’ll do
that
(09:20 am) JoeyTSA :me too
(09:22
am) Qwert :PEIX is a beast
(09:22 am)
skydiver :Hi Murano – I am using Trade
Ideas with Lightspeed . . . I’m at my office
now where I do not have TI – only on home
system
(09:22 am) JoeyTSA :sure is qwert,
missed it
(09:23 am) Qwert :same here but
keep seeing it on the scanner
(09:25 am)
Murano :What is the cost of Trade Ideas
sky?
(09:25 am) JoeyTSA :its
free
(09:25 am) skydiver :with
Lightspeed – free
(09:25 am) Murano :and
how hard is it to setup
(09:25 am) JoeyTSA
:just sent email
(09:25 am) skydiver
:pretty easy as I recall —
(09:26 am)
skydiver :links with esignal
too
(09:26 am) JoeyTSA :if its like
Madscan, you just dl it and then drag
icon
(09:26 am) skydiver :right as
joey said
(09:26 am) JoeyTSA :would save
my $90/month 🙂
(09:27 am) JoeyTSA :sent
email asking about capabilities of the LS
version of TI…see if they write back
haha
(09:28 am) JoeyTSA :i rely on my
madscan price spike scan, so need to see if
TI either has one or can be
programmed
(09:28 am) skydiver :yes
joey — I haven’t had time to figure that out
yet . . .
(09:35 am) JoeyTSA :im waiting
for you sky )
(09:35 am)
skydiver ::)
(09:36 am) JoeyTSA :all
i want is price spike up/down 0.25 in
1min
(09:36 am) skydiver :gotcha – –
guess I need to take about 310 irons out of
the fire 🙂
(09:37 am) JoeyTSA
::)
(09:39 am) JoeyTSA :AAPL hod, decent
rebound from low
(09:47 am) JoeyTSA :PEIX
testig $15 now
(09:55 am) Murano :sky are
you using Trade Ideas automated trading with
Lightspeed?
(09:58 am) Mitch King:murano,
sky is busy counting his money too
(09:58
am) Murano :haha
(09:58 am) bill1
:I’m not…….Yet. 🙂
(10:31 am)
JoeyTSA :Murano : not sure i would ever get
to the point where i let orders enter
automatically
(10:31 am) Murano :I
wouldn’t either
(10:31 am) Mitch King:hey,
i hesitated typing joey,
(10:32 am)
JoeyTSA :QCOR nice short all day
(10:32
am) Murano :Is that the way Trade ideas works
with Lightspeed?
(10:32 am) JoeyTSA :i
think the auto trade is separate
function
(10:32 am) JoeyTSA :the scan
should just be for linking to
platform/charts
(10:33 am) JoeyTSA :looks
like you would create a strategy with TI and
then can automate it to execute
(10:34 am)
skydiver :sorry Murano – just stepped
back in and now in webinar with tax filings
with Mr Greene trader tax
(10:34 am)
Murano :I guess I better download the
instruction manual
(10:34 am)
skydiver :no – not using automated TI
trading – manual
(10:35 am) Murano :I have
downloaded “Trade Ideas Pro for Lightspeed”,
is this the correct download?
(10:36 am)
skydiver :yes
(10:36 am) JoeyTSA
:this was the email i got back from
LIghtspeed,,,
(10:36 am) JoeyTSA :This is
the full version of Trade Ideas.
We will be doing a Webinar on 3/12 that
introduces you to the product and how it
interacts with Lightspeed Trader. If
you are interested I encourage you to attend
the webinar but if you cannot, it will be
posted on lightspeed.com to review
later.
(10:58 am) JoeyTSA :there’s that
/NQ push thru 3700, see if it can hold this
time
(10:58 am) JoeyTSA :same with /E
1850
(10:58 am) JoeyTSA :/ES
(11:38 am)
Qwert :Good bye everyone got to go have an
appointment, cya all in the
am
(11:39 am) JoeyTSA :bye Qwert
(11:40
am) skydiver :thnx for info above joey
on TI seminar 3/12
(11:40 am) JoeyTSA :no
prob, im looking forward to it
actually
(11:45 am) regatta
:watching ADSK
(11:51 am) Mitch King:QCOR
finally broke through
(11:53 am) JoeyTSA
:for those using Ninjatrader, here is a good
video on setting up an OCO order, useful if
you want to bracket a price…
(11:53 am)
JoeyTSA
:http://www.youtube.com/watch?v=CT8mGMdF-vo(11:53 am) JoeyTSA :around the 30min mark
is where he goes into OCO’s
(11:53 am)
skydiver :thnx regatta for
ADSk
(11:53 am) skydiver :nice
call
(11:58 am) skydiver :thnx joey
— will watch the video on price
bracketing
(11:58 am) JoeyTSA :yeah, good
way to play consolidation areas
(12:02 pm)
regatta :yw sky
(12:14 pm) JoeyTSA
:thanks Mitch,Murano, everyone…have a great
day, see you tomorrow
(12:15 pm) Murano
:sky did you link trade ideas to
lightspeed?
(12:15 pm) skydiver :no
Murano – only to esignal so far
(12:15 pm)
Murano :see you Joey
(12:15 pm)
skydiver :bye joey
(12:16 pm)
skydiver :seems like I had to give
permission or sometning to that affect to
link to Lightspeed – TI – need to figure that
out however
(12:16 pm) Murano :I must be
dumber than a rock because I have been
watching their video and trying to link this
for over an hour with no luck
(12:17 pm)
skydiver :humm – linking to esignal was
ez , but . . .
(12:17 pm) skydiver
:seems like there was some step you had to do
with permission granting on Lightspeed
platform if I remember correctly
Murano
(12:18 pm) skydiver :again —
at office – only have this TI at home setup
at moment
(12:19 pm) Murano :I have a
headache from messing with this so I need to
stop for now and call Lightspeed.
(12:19
pm) skydiver :I have TI linked to
esignal which esignal is linked to Lightpeed
at moment
(12:19 pm) skydiver :ok .
not good to have a “headache” 🙂
(12:19
pm) Murano :thanks sky
(12:20 pm)
skydiver :not much help, but if I
figure it out I’ll let you know 🙂
(12:20
pm) Murano :done for the day, see you
tomorrow
(12:20 pm) skydiver :take
care Murano
|
Web Special
