This market news & trading feed starts posting at 9am EST and ends at 12pm EST Monday through Friday on the days that the U.S. market is open. We post daytrades, swing trades, helpful market intel, breaking news and actionable insight for the Futures, Stocks, Bitcoin and Forex markets. Unless otherwise stated in a post, the price direction and trades that we call out are generally for the next 5 to 60 minutes. We will highlight any specific trades that we call with a yellow background.
To see additional information on how to use the information that we post, CHECK OUT THIS PAGE. We also post our trade calls and some commentary (not all due to twitter limitations) on our TWITTER account. If you want the trade alerts from our twitter account to go to your mobile device via texts, you can do that via twitter. CLICK HERE for more information on how to set that up.
SYMBOL VERBIAGE: When we talk futures, we often will use symbols instead of the actual word. ie. /ES for S&P 500 Emini futures or /CL for Crude Oil, /GC for Gold, /SI for Silver, /HG for Copper, /ZS for Soybeans, /ZB for 30 Year T-Bonds, /ZN for 10 Year T-Notes, /6E for Euro, /6J for Yen, /NG for Natural Gas, XBT for Bitcoin Futures and so on and so forth. For FOREX we will use the actual symbol that most know such as EUR/USD for the Euro/USD pair. For stocks, we will use the stock symbol. For equity options we will tell you the option strategy, the month and strike price... and if it's a put or a call option.
FUTURES DAYTRADES: For our daytrades (aka scalps) in the futures market (unless otherwise stated) we are going for "x" amount of ticks in the following markets for our initial target: S&P 500 futures: 6 to 8 ticks | 30 Year T-Bond futures: 3 to 5 ticks | 10 Year T-Note futures: 3 to 4 ticks | Gold Futures: 7 to 10 ticks | Crude Oil Futures: 8 to 10 ticks | Euro Futures: 8 to 10 ticks | Yen Futures: 8 to 10 ticks | Natural Gas Futures: 8 to 10 ticks | Copper Futures: 10 to 12 ticks | Soybeans Futures: 6 to 8 ticks | Yen Futures: 8 to 10 ticks.
Depending on the setup, we may go for more profit/ticks with what we call "runners" after our initial target is hit. Runners are contracts/shares that remain after we take some profits at the initial target. Typically we will "cash in" on about 60% to 75% of our position at the initial target and let the rest "run" for more. When we use the word "scalp", we are talking about a daytrade ie. "We are going to scalp the S&P 500 futures right now to the upside." In other words, we plan on going long and getting out in 6 to 8 ticks (unless otherwise noted). People also have had success in daytrading our market calls when we predict that something will "test" a price level.... ie. "December Crude Oil is looking like it is going to test to the upside the 52.45 area." ie. people would go long at that moment and get out at the 52.45 area. And some folks use our calls and market insight to confirm something that they are already trading or thinking about trading.
STOCK DAYTRADES: Except for AMZN and GOOGL (which have a wide bid/ask spread), the rest of the stocks that we follow are stocks that we filtered for good volume, well followed, have a good intraday range, reasonable bid/ask spread, etc. At this time, those stocks are: AAPL, AGN, AMAT, AMGN, CELG, CRM, EA, FB, FSLR, GILD, JNJ, JPM, MU, NFLX, PYPL, TGT. We generally will go for at least the 15m ATR (average true range) amount for our 1st target for that particular stock.
BITCOIN TRADING: Along with our futures and stock trades/commentary... we will post bitcoin trades during the day as well. As of now, we will use the CBOE's /XBT futures contract as a proxy... which means we will be quoting prices and action based on that contract, but you should be able to use that commentary to daytrade / swing trade bitcoin using the actual bitcoin as well as the futures... since they are very closely correlated. Remember, although the "action" is very close, the futures prices are not the exact same as the actual bitcoin... which is almost always the case with futures for other contracts as well. As similar to options for example, futures have other things factored into the futures price (such as time, volatility, etc.) than just the pure underlying. Keep in mind, bitcoin is very volatile and can have sudden moves that tick for tick... often seem to a have a higher financial risk than stocks or futures.
SWING TRADES: For our Swing Trades (trades lasting from around 4 hours to 5 days or so, such as our "Lunchtime Hitter" trades that we put out from time to time and others... the amount of ticks will vary depending on the symbol and what is going on in the markets at the time.
PIVOT POINTS: What is a Pivot Point, S1, S2, S3, R1, R2 or R3? Technically speaking, all of these are pivot points but for the main pivot point, we will just call it the Pivot Point. The pivot point is a price level based on a mathematical formula which can be used by being bullish when the future's contract, stock or forex pair is above the pivot point and bearish when trading below it. S1, S2, S3, R1, R2 and R3 represent deviations based off the main pivot point. S1, S2 and S3 represent support areas below the main pivot point. With S1 being 1 deviation from the pivot point, S2 being 2 deviations from it and S3 being 3 deviations from the "main pivot point." R1, R2 & R3 represent the resistance areas (and deviations) above the pivot point. Most of the trading activity generally occurs between the Pivot Point and R1 on the bullish side of things and between the Pivot Point and S1 on the bearish side. As it goes past R1 or S1, the market starts to get overextended. It is rare for a market to go past S3 or R3 for an extended period of time and rarely breaks that area in a given time period. All of these levels mentioned above are very good for identifying support and resistance. There are typically 3 time periods of pivot points people can look at... Daily, Weekly and Monthly. We use Daily for intraday action. For swing trades we will use weekly and take a "peek" at the monthly. Daily pivot points change daily based on the time when your chart package start a new day. Weekly pivot points change weekly and monthly change monthly. Unless otherwise stated in the market feed, any reference to the various pivot points are talking about the intraday version, which are the daily pivot points. Often times the market will pause, if not change direction at the pivot points so they are important to pay attention to.
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REFRESH & PINNED POST BUTTONS: If it's during market hours and you don't see a post after an hour, or the screen looks jacked up for some reason, or the sound stops working or there are a ton of posts and you want to clean up the clutter a bit... refresh your page by clicking the refresh button. The pinned post button just hides the pinned post at the top of the feed so there is less clutter.
FEED NUANCES: We know trading can be hectic and watching a feed is just another thing to focus on. So, to make it easier to follow our feed and so you don't have to stare at it all day, we made it so every new post will make an audible alert (on desktops only) and will briefly flash with a blue background. Also, so your eyes don't have to search for the newest post when glancing at the page, we put a drop shadow on the most recent post as well. We know that screen space could be limited if you have a lot of charts up... so remember that you can use your mouse to resize your browser and move this feed page around which may be helpful to keep our feed up and still check out your charts and trade. This page is "responsive" which means it is "friendly" to any screen size that your browser may need to be in.
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BEST WEB BROWSER TO USE: Although this page should work on any machine/device with any browser, the browser that we would suggest to use... regardless if you're on an iphone, android, MAC, Windows computer, etc. is the newest version of the Google Chrome web browser.