Thursday, January 15, 2015

Jan 15 2015

Jerky day with a lot of direction changes. Coming out positive thanks to winners running much larger than stopped trades.

Session Time: Thu Jan 15 00:00:00 2015
[08:45] {dino} gm
[08:46] {JoebiWan} morning dudes
[08:47] {JoebiWan} dino, what do you use to scan for your trades?
[08:47] {dino} top 25 gainers/losers and my 07 scrolling scanner of 25
[08:48] {dino} top 25 for open hour. 07 for remainder of day
[08:48] {JoebiWan} 07 scrolling scanner?
[08:50] {dino} my parameters
01[08:51] {@Threei}  morning guys
[08:53] {JoebiWan} what software? madscan?
[08:56] {dino} joebi, street smart edge provides for free
[08:57] {JoebiWan} okay. ty
[08:57] {dino} dcc joe
[09:01] {nemo} Interesting, the Swiss nuke the international markets and we're positive
01[09:04] {@Threei}  what did they do?
[09:05] {nemo} de pegged the CHF from the Euro
[09:05] {nemo} Swiss markets dropped almost 15%
[09:05] {nemo} Hey Joebi, I now get pro deals on H&K and Steyr
[09:05] {nemo} oh, and Benelli
[09:07] {JoebiWan} right on nemo
[09:07] {nemo} 40%
[09:08] {RonS} gm...check this out...will never have to wonder when europe closes...and notice to the right it can be in russian:  http://market24hclock.com/
[09:09] {nemo} look at USD/CHF
01[09:09] {@Threei}  ron :)
01[09:10] {@Threei}  cool site
[09:10] {nemo} yeah, looks neat
[09:12] {RonS} The Grand Budapest Hotel:  a very enjoyable movie
[09:12] {nemo} yeah, Ralph Fiennes was amazing in that...and the cast
[09:12] {RonS} totally missed that kietel was in there
[09:13] {RonS} Fiennes ranks with Daniel Day Lewis imo...superb actors
[09:16] {RonS} canuckians will have to put away their guns now...
[09:16] {RonS} ...no more tgt
[09:20] {dino} what do the swiss know, huge qe coming for euro?
01[09:20] {@Threei}  no one noticed their arrival, no one will cry when they leave
01[09:20] {@Threei}  empty shelves, disarray in the stores
01[09:21] {@Threei}  was quite weird expedition on their part
[09:22] {RonS} ya, was in one last weekend...seems like the bean counters are running the company...long term disaster for a merchandising company
[09:22] {dptl} gm
01[09:22] {@Threei}  dp :)
01[09:22] {@Threei}  US stores way better stocked
01[09:23] {@Threei}  here it was like "why is it even a store, it's more like half-empty storage"
[09:24] {RonS} "you can't sell anything from an empty wagon"  quote from the days on the US frontier when the merchants traveled for town to town before any stores...
[09:25] {nemo} wow that market clock website a resource eater
[09:25] {RonS} really? how much
[09:26] {dino} oil keeps dropping, russia may have to sell itself to china
[09:26] {nemo} 20% of my processor
[09:26] {RonS} ...or invade Europe?
[09:27] {RonS} wow nemo
[09:27] {nemo} bring up task manager and watch your browse CPU % with it on then shut it off
01[09:28] {@Threei}  chinese won't buy, dino... a few months more, they'll get it for free
01[09:28] {@Threei}  Upside:
01[09:28] {@Threei}  -PPC +15% (announced special dividend)
01[09:28] {@Threei}  -JRJC +12% (entered strategic alliance with China International Capital Corp.)
01[09:28] {@Threei}  -MUX +10% (Q4 production)
01[09:28] {@Threei}  -TGT +5.2% (guides Q4 higher than estimates)
01[09:28] {@Threei}  -NVS +3.7% (SNB move - Swiss stocks broadly higher including: ABB, CS, SYT, UBS
01[09:28] {@Threei}  -RIG +3.4% (oil price movement - concern over continuing energy sector downward move; CVX, OIH, SLB, XLE, TDW all also up 1-3% on the news)
01[09:29] {@Threei}  Downside:
01[09:29] {@Threei}  -EHTH -51% (earnings)
01[09:29] {@Threei}  -RSH -30% (preparing for bankruptcy filing as early as next month)
01[09:29] {@Threei}  -BBRY -15% (not in talks with Samsung)
01[09:29] {@Threei}  -BBY -11% (holiday sales)
01[09:29] {@Threei}  -BAC -3.4% (earnings)
01[09:29] {@Threei}  -DG -2.5% (rumors that DLTR won the battle to acquire FDO)
[09:30] {RonS} hmmm, mine never goes over 13% with everything else running too
01[09:33] {@Threei} Long Setup:  FB  .20 break
01[09:33] {@Threei}  If holds  .10
01[09:34] {@Threei}  change to .10 break
01[09:34] {@Threei}  Invalidated
01[09:35] {@Threei} Long Setup:  FB  76 break
01[09:35] {@Threei}  If holds  .90
01[09:36] {@Threei}  lol
01[09:36] {@Threei}  teleprtation
01[09:36] {@Threei}  ok, valid once more
01[09:37] {@Threei}  1:1
[09:37] {nemo} can u say "volatility"
01[09:40] {@Threei} Long Setup:  FB  .80 break
01[09:40] {@Threei}  .70
[09:40] {RonS} Raoul Pal: "volatility in the currency markets will lead to volatility in all markets"
01[09:40] {@Threei}  If holds  .60
01[09:40] {@Threei}  Invalidated
[09:42] {dino} shocking
01[09:43] {@Threei} Long Setup:  IWM  116 break
01[09:43] {@Threei}  If holds  .90
[09:43] {RonS} crude hod 51.73 now 49.02
01[09:43] {@Threei}  1:1
01[09:50] {@Threei} Long Setup:  IWM  .90 break
01[09:50] {@Threei}  If holds  .80
01[09:51] {@Threei}  1:1
[09:52] {dino} podd, wow on downgrade
[09:52] {dino} aavl pulp
[09:54] {dino} podd sm l .55
01[09:54] {@Threei} Long Setup:  VXX  .60 break
01[09:55] {@Threei}  If holds  .50
01[09:55] {@Threei}  1:1
[09:55] {dino} podd stop is .19
01[09:56] {@Threei}  1:2
01[09:58] {@Threei}  1:3
01[09:58] {@Threei}  out
[09:59] {dino} ubt spike
[09:59] {dino} widdeee
01[10:00] {@Threei}  *(US) JAN PHILADELPHIA FED BUSINESS OUTLOOK: 6.3 V 18.7E
[10:00] {RonS} 30-year-mortgage rate falls to 3.66%
[10:01] {RonS} kors sm l 66.50
[10:01] {dino} aavl smr l .67
[10:02] {dino} hooker
01[10:02] {@Threei} Short Setup: TWTR  .60 break
01[10:02] {@Threei}  If holds  .70
01[10:02] {@Threei}  Invalidated
01[10:03] {@Threei}  valid again
[10:05] {dino} aavl out .09, +.42
[10:05] {JoebiWan} gj
[10:05] {dino} ty
[10:06] {nemo} well that blew right through
01[10:07] {@Threei}  1:1
[10:08] {dino} out podd .62 ave, +1.07
[10:10] {dino} tough crowd
[10:11] {RonS} get a dog
[10:11] {RonS} :)
[10:11] {dino} have one, on floor in my office
[10:11] {RonS} step on it if you want some action
[10:12] {dino} 07 red
[10:12] {dino} thats just mean
[10:12] {RonS} nemo trainedme
01[10:12] {@Threei}  lol
[10:12] {dino} juno drop
[10:13] {nemo} I don't hurt animals
01[10:13] {@Threei} Long Setup:  IWM  .60 break
01[10:13] {@Threei}  If holds  .50
01[10:13] {@Threei}  1:1
01[10:14] {@Threei}  1:2
[10:15] {dino} out fxe puts from 2 weeks ago, +1.00 / 35%
[10:15] {dino} thank you swiss
[10:15] {RonS} gj
[10:16] {dino} thx
[10:16] {dino} airlines going green
01[10:16] {@Threei}  1:3
[10:16] {dino} 07 just swung all green scroll
[10:16] {dino} giddy up
01[10:16] {@Threei}  1:5
01[10:16] {@Threei}  out
[10:16] {JoebiWan} gj vad
01[10:16] {@Threei}  finally got a real one
01[10:17] {@Threei}  ty
[10:17] {dino} tna hl l .64
[10:18] {dino} gj vad
[10:18] {dino} tna bad entry, out .55, -.09
[10:19] {dino} damn
[10:20] {dino} tna sm l .72
[10:20] {dino} gut says green
[10:23] {dino} dji green
[10:26] {dino} s/p green
[10:26] {dino} out tna .02, +.30
[10:29] {dino} atnm drop
01[10:29] {@Threei}  MTW Seeing put activity3100 Mar 15 puts trade at the ask
[10:30] {JoebiWan} out tna +.51
[10:30] {dino} wtg
[10:30] {RonS} gj
01[10:30] {@Threei}  nice
[10:30] {JoebiWan} ty
01[10:33] {@Threei} Long Setup:  VXX  .40 break
01[10:33] {@Threei}  If holds  .30
[10:33] {nemo} probably gonna' take IWM green first
01[10:33] {@Threei}  Invalidated
[10:37] {dino} cmrx drop
01[10:43] {@Threei}  VXX seriously got away
01[10:47] {@Threei} Long Setup:  DAL  .65 break
01[10:48] {@Threei}  If holds  .55
01[10:49] {@Threei}  nope
01[10:59] {@Threei} Long Setup:  DAL  .50 break
01[10:59] {@Threei}  If holds  .40
01[11:01] {@Threei}  1:1
[11:12] {RonS} juno gone pulp
[11:15] {dino} small gap around 40.15
[11:15] {RonS} ?
[11:16] {dino} juno
01[11:22] {@Threei} Long Setup:  MCD  .10 break
01[11:22] {@Threei}  If holds  91
01[11:33] {@Threei}  1:1
01[11:35] {@Threei}  The Swiss National Bank sent shockwaves through global markets this morning as it abandoned its 1.20 EUR/CHF line in the sand first implemented back in 2011. European equity indices at first dropped into the red but have since bounced higher and are closing not far from their highs. US equities have been more choppy, thanks to mixed economic data and poor earnings reports from Citi and BoA
01[11:36] {@Threei}  1:2
01[11:36] {@Threei}  SNB Chief Jordan said that the floor was no longer sustainable and did not make sense any longer. He also insisted that today's decision was not a panic reaction of any kind but was a deliberate move to free up the bank's room to maneuver. EUR/CHF is down 13.5%, with the pair around 1.044 as of writing, and other major currency pairs are reeling.
01[11:37] {@Threei}  and that's demonstration of why Euri us nonsense
01[11:37] {@Threei}  Greece could have done the same long ago, and be on a mend already
[11:37] {nemo} they're getting out of the handcuffs...read the writing on the wall about EUQE
[11:39] {cosmo} not listed
[11:39] {nemo} Tuesday could be interesting next week
[11:39] {dino} correct 3i
[11:40] {dino} never give up your currency
01[11:41] {@Threei}  or in nemo case your spirits
[11:41] {nemo} or guns
[11:41] {dino} but of course
[11:42] {cosmo} or gold
[11:50] {dino} blue drop
[11:51] {dino} bio hell today
[11:55] {RonS} ...shoot the leaders
[11:57] {RonS} bunch of gld call buying
[11:58] {RonS} series of transaction, can't be specific
[11:59] {RonS} ll no floor
[12:01] {RonS} deck getting the boot
[12:02] {RonS} ok, now i feel like dino :(...tough crowd
01[12:05] {@Threei}  lol
01[12:06] {@Threei} Long Setup:  VXX  .25 break
01[12:06] {@Threei}  If holds  .15
01[12:07] {@Threei}  valid still
01[12:08] {@Threei}  Invalidated
[12:11] {dino} lol ron
01[12:18] {@Threei}  crap... VXX got away
01[12:18] {@Threei}  watching for pullback entry
01[12:24] {@Threei} Long Setup:  VXX  .45 break
01[12:24] {@Threei}  SPY more looks like breakdown now than a bounce
01[12:25] {@Threei}  If holds  .35
01[12:26] {@Threei}  no go
[12:31] {RonS} fosl stoned
[12:32] {JoebiWan} petrifying
01[12:33] {@Threei}  lol
01[12:33] {@Threei}  crap... rinse
[12:33] {RonS} lol
[12:33] {RonS} ...to jb
01[12:48] {@Threei} Short Setup: MCD  91 break
01[12:48] {@Threei}  If holds  .10
01[12:54] {@Threei}  no go
[12:59] {RonS} z lights out
[13:08] {RonS} dang podd
01[13:11] {@Threei} Long Setup:  IWM  .90 break
01[13:11] {@Threei}  If holds  .80
01[13:11] {@Threei}  IMF's Lagarde: SNB move on the franc today was a bit of a surprise; SNB Gov Jordan did not contact me about it; Need more cooperation and communication among global institutions
01[13:11] {@Threei}  lol
01[13:12] {@Threei}  wounded pride... how could you not ask my permission
[13:12] {nathan} hi all
01[13:12] {@Threei}  ney nathan
01[13:12] {@Threei}  SNB: IMF who?
01[13:13] {@Threei}  Lagarde: - Do not expect Greece to exit the euro, there is no mechanism for leaving the EMU
01[13:13] {@Threei}  lol... hotel California
01[13:13] {@Threei}  1:1
[13:14] {dino} tna sm l .55
01[13:14] {@Threei}  (DE) ECB's Weidmann (Germany): Court opinion this week indicates that the ECB cannot go ahead on economic policy
01[13:14] {@Threei}  huh?
01[13:14] {@Threei}  I thought court deemed bond purhacses legal
01[13:14] {@Threei}  what did I miss?
01[13:16] {@Threei}  KRFT Hearing company may have cancelled from a conference scheduled for February
01[13:16] {@Threei}  no cheese?
[13:17] {RonS} lol
[13:18] {RonS} how could the king of cheese not laugh at a cheese joke?...
01[13:19] {@Threei}  full of macaroni I guess...
[13:20] {dino} tna stop .30, -.25
01[13:21] {@Threei} Long Setup:  VXX  .40 break
01[13:21] {@Threei}  If holds  .30
01[13:22] {@Threei}  1:1
01[13:24] {@Threei}  1:2
01[13:28] {@Threei} Long Setup:  TEST
01[13:29] {@Threei}  1:3
[13:29] {pamsv} oops no sound..
01[13:31] {@Threei} Short Setup: TEST
01[13:44] {@Threei} Long Setup:  VXX  .80 break
01[13:44] {@Threei}  If holds  .70
01[13:47] {@Threei}  no go
[13:49] {dino} tna sm l .00
01[14:01] {@Threei} Long Setup:  IWM  .75 break
01[14:01] {@Threei}  If holds  .65
01[14:03] {@Threei}  1:1
01[14:06] {@Threei}  1:2
01[14:08] {@Threei}  1:3
01[14:08] {@Threei}  trying for one more leg
01[14:11] {@Threei}  out on a trail
[14:11] {dino} out tna .50, +.50
01[14:11] {@Threei}  wtg
[14:11] {JoebiWan} gj guys
[14:11] {dino} ty, u2
[14:14] {JoebiWan} gg look short?
[14:15] {nemo} can try it with a stop above .75
01[14:15] {@Threei}  no read
[14:16] {JoebiWan} ok ty both
[14:18] {nemo} holds under .60 should be fine
01[14:53] {@Threei} Long Setup:  JPM  .15 break
01[14:53] {@Threei}  If holds  .05
[14:55] {nathan} done for today
[14:55] {nathan} thanks a lot
[14:55] {nathan} c u
01[14:55] {@Threei}  take care nathan
01[14:57] {@Threei}  1:1
01[14:57] {@Threei}  nathan could have stuck around for one more {G}
01[14:59] {@Threei}  1:2
[15:06] {nemo} VXX
[15:08] {nemo} so DP you trading like shit this week or what?
[15:09] {dptl} ?
[15:09] {nemo} haven't heard a peep out of you this week
[15:10] {nemo} think VXX .50 break a reasonable bet
01[15:10] {@Threei}  yes
01[15:10] {@Threei}  late
[15:10] {nemo} c'mon u frickin' pizdah, give me 1:1
[15:11] {nemo} might be able to ride this into the close
[15:11] {nemo} stop under .45
01[15:11] {@Threei}  good one
[15:11] {nemo} t'morrow going into the long weekend, VXX likely gonna' be a good play long
[15:12] {nemo} now let's see if they try to shake out the weak hands
01[15:12] {@Threei}  1:2 for you
[15:13] {nemo} yeah, I'm holding...stop will be under this swing low
[15:13] {nemo} whatever it ends up being
[15:14] {nemo} DAX ended up almost 2%
[15:16] {nemo} stop to .50
[15:16] {nemo} I'll partial in the 90's
[15:16] {nemo} I think 36 likely
[15:17] {nemo} stop .64
01[15:17] {@Threei}  nice
[15:17] {nemo} Just playing the fear
[15:21] {nemo} stop to under those last swing low candles
[15:21] {nemo} boot please Vad
[15:22] {nemo} took .92 partial with stop still under that low
01[15:24] {@Threei} Short Setup: DAL  .15 break
01[15:24] {@Threei}  If holds  .25
[15:24] {dptl} gn all , see ya tomorrow
[15:24] {nemo} stop to .80
[15:24] {nemo} lock in 1:2.5 for remainder
01[15:24] {@Threei}  take care dp
[15:25] {nemo} ahh well
[15:25] {RonS} gj
[15:25] {nemo} guess we can call that a double
[15:30] {nemo} wow
[15:30] {nemo} now they'll run vxx
01[15:31] {@Threei}  don't mind at all
01[15:32] {@Threei}  no go
01[15:35] {@Threei} Long Setup:  IWM  .90 break
01[15:35] {@Threei}  If holds  .80
01[15:37] {@Threei}  change to .85
01[15:38] {@Threei}  last attempt at closing scalp
01[15:38] {@Threei}  If holds  .80
01[15:38] {@Threei}  Invalidated
01[15:41] {@Threei}  ok guys, thank you all
01[15:41] {@Threei}  have a good evening, see you tomorrow
[15:41] {JoebiWan} ty cya