Wednesday, February 18, 2015

Feb 18 2015

Reversal setup on IWM



Session Time: Wed Feb 18 00:00:00 2015
[08:32] {Nesi} good morning vad
[08:37] {dino} gm. was -6 f at 6:15 when I went to mailbox for newspaper
[08:37] {Nesi} hi dino
[08:37] {dino} 3 f right now
[08:37] {Nesi} bummer
[08:37] {dino} been a cold azz month
01[08:50] {@Threei}  morning guys
[08:53] {Nesi} what s hot today
[09:02] {dino} fosl dead
01[09:03] {@Threei}  lol... ron will be proud
01[09:07] {@Threei}  here he is... ron, have you seen dino's morning creative effort?
01[09:07] {@Threei}  [09:02] {dino} fosl dead
[09:07] {RonS} gm...no
[09:07] {RonS} lol
01[09:07] {@Threei}  thought you wouldn't want to miss that :)
[09:13] {dino} eyes on vdsi, fosl, bxs, lzb, mdas, ale
01[09:23] {@Threei}  Ron's canadian cousin is in troubles... RON.CA Canaccord Genuity Cuts RON.CA to Sell from Hold
[09:25] {dino} fosl filled oct gap
01[09:30] {@Threei}  Upside:
01[09:30] {@Threei}  -ANGI +35% (earnings)
01[09:30] {@Threei}  -ONCY +15% (completed enrollment in phase 2 colorectal cancer study)
01[09:30] {@Threei}  -ROSG +14% (announced key patent allowances in US & Europe)
01[09:30] {@Threei}  -BSX +11% (agreement with JNJ to resolve Guidant litigation)
01[09:30] {@Threei}  -ENPH +11% (earnings)
01[09:30] {@Threei}  -YNDX +8% (earnings)
01[09:30] {@Threei}  -CNDO +5.3% (obtained license to IV formulation of Tramadol for US market from Revogenex Ireland)
01[09:30] {@Threei}  -VA +4.2% (earnings)
01[09:30] {@Threei}  -JACK +4% (earnings)
01[09:31] {@Threei}  Downside:
01[09:31] {@Threei}  -FOSL -15% (earnings)
01[09:31] {@Threei}  -PERY -14% (new licensing agreement partnership with Sensual Inc.)
01[09:31] {@Threei}  -MDAS -15% (earnings)
01[09:31] {@Threei}  -GRMN -5% (earnings)
01[09:31] {@Threei}  -LZB -5% (earnings)
01[09:31] {@Threei}  -TEX -3.3% (earnings)
01[09:31] {@Threei}  -CTL -3% (negative broker commentary)
01[09:32] {@Threei} Long Setup:  IWM  .55 break
01[09:32] {@Threei}  If holds  .45
[09:32] {jfjf64} Mornin all
01[09:32] {@Threei}  hey jf
01[09:33] {@Threei}  missed beautiful day yesterday
01[09:33] {@Threei}  Invalidated
[09:34] {jfjf64} I saw
[09:35] {jfjf64} Watch rcl pul bk
01[09:37] {@Threei} Long Setup:  DAL  .10 break
01[09:37] {@Threei}  If holds  45
[09:39] {dino} whers nemo been?
01[09:40] {@Threei} Long Setup:  CCL  .80 break
01[09:40] {@Threei}  If holds  .70
[09:42] {jfjf64} Aapl short here
01[09:43] {@Threei}  1:1
01[09:45] {@Threei} Long Setup:  MCD  .40 break
01[09:45] {@Threei}  If holds  .30
[09:45] {Nesi} vad, you pick them from the scanner?
01[09:46] {@Threei}  not this early
[09:46] {Nesi} i see
[09:46] {jfjf64} Rcl. Stop
01[09:47] {@Threei}  change MCD to .35
[09:47] {jfjf64} D top
01[09:47] {@Threei}  If holds  .28
01[09:48] {@Threei}  Invalidated
[09:48] {Nesi} you play 1000 lots
01[09:49] {@Threei} Short Setup: FCX  .30 break
01[09:50] {@Threei}  If holds  .36
01[09:54] {@Threei} Long Setup:  VXX  .20 break
01[09:54] {@Threei}  If holds  .10
01[09:56] {@Threei}  1:1
01[09:59] {@Threei} Long Setup:  JPM  .70 break
01[10:00] {@Threei}  If holds  .60
01[10:01] {@Threei}  (GR) German CDU Lawmaker Rehberg: There will be no unconditional loan extension for Greece
01[10:01] {@Threei}  so, with conditions, there will be
[10:02] {dino} idcc drop
[10:04] {jfjf64} Yo catch it Dino
[10:05] {dino} civi drop
[10:05] {dino} not yet jf
[10:07] {Nesi} dino, you pick them from the scanner?
[10:07] {dino} yes
[10:08] {Nesi} good scanner
[10:08] {dino} my parameters
[10:08] {dino} looks for fast drops/spikes
[10:08] {Nesi} your style still the same you plAY more shorts?
[10:10] {dino} shorts/longs. contrary on fast big moves
[10:10] {Nesi} i see
[10:10] {dino} it has served me well over the years
[10:11] {jfjf64} Twtr short here
[10:11] {Nesi} i used to do the same
[10:11] {dino} nesi, fwiw, i've added a lot of options trades to mix, for most part based on same day trade ideas
[10:15] {jfjf64} Die twtr
[10:15] {Nesi} vad, you still holding all stocks?
01[10:16] {@Threei} Short Setup: FB  .50 break
01[10:16] {@Threei}  ?
01[10:16] {@Threei}  what stocks?
[10:17] {Nesi} oh ,those were alerts
01[10:17] {@Threei}  ??
[10:17] {Nesi} i zot there were your plays
01[10:17] {@Threei}  you confuse me
01[10:17] {@Threei}  those that triggered were plays
01[10:17] {@Threei}  each has a condition attached to it
[10:17] {Nesi} got it
01[10:18] {@Threei}  read this: http://www.realitytrader.com/tradingroom/#instructions
01[10:18] {@Threei}  no go JPM
[10:19] {Nesi} i understand now
01[10:20] {@Threei}  1:1  FB
01[10:22] {@Threei}  die FB
[10:23] {jfjf64} Looks lk it
[10:23] {jfjf64} Fb/twtr hangin on
01[10:27] {@Threei}  not much follow through
[10:28] {jfjf64} Tells me buyers
[10:28] {jfjf64} IMO
[10:28] {dino} wants 80 strike
01[10:28] {@Threei} Long Setup:  IWM  .20 break
01[10:29] {@Threei}  If holds  .10
[10:29] {dino} lzb drop'
[10:30] {RonS} lzb reclining?
01[10:30] {@Threei}  lol
[10:30] {dino} lol
[10:31] {dino} gap around 24.70
[10:31] {jfjf64} Ya nailed it vg
01[10:31] {@Threei}  need a bit more
01[10:31] {@Threei}  stop to .14 meanwhile
01[10:31] {@Threei}  1:1
01[10:31] {@Threei}  by the book from here
[10:31] {jfjf64} Here we go
01[10:32] {@Threei}  1:2
[10:32] {jfjf64} Go to .50
01[10:32] {@Threei}  finally something better than a scalp
[10:32] {jfjf64} Fb buyer
[10:32] {Nesi} nice
[10:33] {RonS} wab fab
01[10:33] {@Threei}  let's try for 1:4
[10:34] {dino} lol, whats this sesame street?
[10:34] {RonS} only if katy perry is on...
[10:35] {jfjf64} Out
[10:35] {jfjf64} Ty
[10:35] {dino} i saw that one
01[10:35] {@Threei}  1:3
01[10:35] {@Threei}  yw
[10:36] {RonS} grmn lost
[10:37] {dino} lzb sm l .26
01[10:38] {@Threei}  that was low hanging fruit Ron
[10:38] {dino} vdsi higher low
[10:39] {jfjf64} Watching twtr
01[10:39] {@Threei}  1:4 close enough
01[10:39] {@Threei}  out
01[10:39] {@Threei}  finally something decent
[10:40] {Nesi} what does that mean....1:4 ?
01[10:41] {@Threei}  http://www.realitytrader.com/tradingroom/#instructions
[10:41] {jfjf64} .60 break s twtr
[10:43] {dino} slxp drop
[10:43] {Nesi} thanks vad
[10:44] {dino} slxp smr l .18
[10:47] {dino} out slxp 152.00, +.82
[10:47] {jfjf64} Nice Dino
[10:47] {jfjf64} No go twtr
[10:47] {dino} ty
[10:48] {dino} sss drop
[10:48] {jfjf64} Snuffed out buyer tring to short
[10:48] {jfjf64} F.  K
[10:50] {jfjf64} Will die now
[10:52] {dino} hell of a one minute slxp
[10:57] {jfjf64} F u twtr
[10:57] {dino} lol, lots of f bombs
[10:58] {jfjf64} Aapl s here
[10:58] {jfjf64} .20
[10:58] {jfjf64} Break
01[10:59] {@Threei} Short Setup: FB  .60 break
01[10:59] {@Threei}  If holds  .70
[11:00] {jfjf64} 1/1 aapl
[11:03] {jfjf64} 1/2 aapl
01[11:04] {@Threei}  wtg
[11:04] {jfjf64} Stop.o9
[11:04] {dino} vrns blood
01[11:06] {@Threei}  1:1
[11:10] {dino} kyth spike
[11:11] {jfjf64} Gld .30 break
[11:16] {dino} itci spike
[11:17] {dino} cavm spike
[11:18] {jfjf64} No gld
[11:19] {dino} cavm sm s .22
01[11:22] {@Threei}  1:2
[11:24] {dino} cavm bs to b/e
[11:26] {dino} stop cavm -.01
[11:29] {dino} smaller bios spiking
[11:32] {dino} vdsi sm l .35
[11:33] {dino} nsp spike
[11:34] {jfjf64} Vg you like gld here
[11:35] {jfjf64} Tough call
[11:35] {jfjf64} Don't look bounce
[11:35] {jfjf64} Or maybe
[11:35] {jfjf64} Lol
[11:36] {jfjf64} What ya fall off chair
01[11:36] {@Threei}  not sure
01[11:36] {@Threei}  dislike it as a long today
01[11:36] {@Threei}  and to fall off a chair I would have to be in it to begin with
01[11:36] {@Threei}  which is not the case
01[11:37] {@Threei}  I rarely get off the floor
[11:37] {jfjf64} You stand and trade
[11:37] {jfjf64} Lol
[11:37] {jfjf64} Fl
[11:40] {jfjf64} .20 break gld
[11:44] {dino} vrns sm l .91, stop is .74
[11:48] {dino} juno spike
[11:49] {jfjf64} Cat 85.00 break
[11:53] {jfjf64} Stop to b/e
[11:56] {RonS} juno out of this world...
[11:58] {RonS} z a short nightmare
[11:59] {jfjf64} Fin 1/1cat
[12:01] {dino} gj
[12:01] {jfjf64} Juno  s  .70
[12:06] {jfjf64} Out
[12:06] {jfjf64} Big spreads tough
[12:06] {jfjf64} Nailed entry
[12:09] {RonS} if fosl ever taks out vwap it could run...capit volume territory now
01[12:10] {@Threei}  wtg jf
[12:13] {dino} egrx spike
[12:13] {jfjf64} Didn't play but fb short here
[12:13] {jfjf64} .55 break
[12:14] {dino} out vrns .68, +.77
[12:14] {jfjf64} Nice Dino
[12:14] {dino} ty
[12:14] {dino} bit wide
[12:14] {jfjf64} I like my women wide stocks tough
[12:15] {RonS} lol
[12:15] {jfjf64} Dirty old man Ronnie
01[12:18] {@Threei}  Commodities are seeing slippage again this morning. Spot gold is dipping below $1,200 after yesterday's 1.5% slide. WTI crude fell to $51 yesterday morning in heavy volume but quickly tested back above $53 in the afternoon, while today the contract is down to $52.
01[12:18] {@Threei}  Greece is running out of cash and the nation's EU partners are running out of time to reach a deal with Athens. It remains somewhat unclear where the two sides are, but reports suggest Greece will today formally request a six-month extension of the current program
[12:19] {RonS} took vdsi 26.20 to 26.75  thanks dino +.55
[12:19] {dino} gj
[12:19] {jfjf64} Visit
[12:19] {jfjf64} Vdsi
[12:20] {dino} thinking vwap vdsi
[12:20] {jfjf64} Sorry I see call Dino
[12:21] {dino} ?
[12:21] {dino} ok
[12:21] {jfjf64} 1/1 fb which I didn't trade feel like I'm over trading
[12:22] {jfjf64} Shoot me
[12:22] {dino} bang, now i see dead people
[12:22] {jfjf64} Dino ya watch walkin dead
[12:23] {dino} no, not much time right now, basketball season, son plays, daughter cheers, pretty much 3 nights/weekm
[12:23] {jfjf64} Or anybody but since Dino shoot me
[12:23] {dino} vdsi to .78
[12:24] {jfjf64} Me too my youngest plays hoops
[12:25] {dino} to .85
[12:25] {dino} son's last year, senior. accepted at nc state, u of florida, mit third interview last week, he's going to cost me
[12:26] {dino} #1 in his class of 265, 4.45 gpa
[12:26] {dino} plus lettered in basketball and golf
[12:26] {jfjf64} Wow that's unbealivabe
[12:26] {jfjf64} Congrats
[12:27] {dino} yeah, not sure where that came from. must have been the iv drip in neo-natal, he was a 7 week premie, 4 lbs. now 185 lbs at 6'7"
[12:28] {dino} vdsi to .90
[12:28] {jfjf64} My oldest is junior he plays football starting process college now
[12:28] {dino} he wants to be a nuclear engineer, math wiz
[12:28] {dino} enjoy jf, the last few years fly by
[12:28] {dino} daughter, luckily only a freshman
[12:29] {jfjf64} My youngest 8
[12:29] {jfjf64} Lol
[12:29] {dino} cool
[12:30] {dino} time flies
[12:30] {jfjf64} What is stop vdsi
[12:31] {dino} .90
[12:32] {jfjf64} Twtr 48 break
[12:33] {dino} brb
[12:39] {dino} to .94
[12:40] {dino} out vdsi ave .92, +57
[12:40] {dino} .57
[12:50] {RonS} z zing
[13:11] {RonS} denn slamming
[13:20] {RonS} z short boot stomping
[13:43] {jfjf64} Twtr .95 break
[13:45] {RonS} 15 minute until fed minutes...
01[13:46] {@Threei}  yeah
01[13:46] {@Threei}  another big fat blub of meaningless nothing
[13:48] {jfjf64} No go
01[14:00] {@Threei}  (GR) Reportedly the ECB to expand Emergency Liquidity Assistance (ELA) for Greece banking sector for another 2 weeks and sets funding at €68.3B vs €65B prior (€3.3B increase vs €5B increase in prior move)
01[14:00] {@Threei}  *(US) MINUTES OF THE JAN 17-28 FOMC MEETING: SEVERAL PARTICIPANTS SAW PERSISTENT LOW INFLATION AS A CONCERN; ACTIONS BY SOME FOREIGN CENTRAL BANKS LIKELY TO HELP ECONOMIC PERFORMANCE ABROAD
[14:03] {jfjf64} Gld likes news
01[14:06] {@Threei}  waiting for VXX pullback
[14:06] {jfjf64} Gld s .99
01[14:08] {@Threei} Long Setup:  VXX  .95 break
01[14:08] {@Threei}  late
01[14:09] {@Threei}  too fast
01[14:09] {@Threei}  ugh.... perfgect reversal spot
[14:09] {jfjf64} .30 break
[14:09] {jfjf64} Gld
[14:10] {jfjf64} Die
[14:10] {jfjf64} 1/1
[14:11] {jfjf64} 1/2
01[14:14] {@Threei} Long Setup:  VXX  31 break
01[14:14] {@Threei}  If holds  .90
[14:16] {jfjf64} Here goes the vxx
01[14:16] {@Threei}  SPY needs to lose this MA support
01[14:17] {@Threei}  and then .90
01[14:17] {@Threei}  and then off we go
01[14:18] {@Threei}  1:1
[14:19] {jfjf64} Sd get to .30
01[14:21] {@Threei}  if pattern holds, yes, at least
01[14:21] {@Threei}  quite possibly more
[14:21] {jfjf64} I'm on board skipper
[14:23] {dino} ditto
01[14:23] {@Threei}  just no rinsing please
[14:24] {jfjf64} Need to print.16
[14:26] {jfjf64} Battle
01[14:27] {@Threei}  we are winning
[14:27] {jfjf64} Nemo vwap holdin us on spy
[14:27] {jfjf64} Fuck nemo
01[14:27] {@Threei}  1:2
[14:27] {jfjf64} Lol
[14:28] {jfjf64} Make myself laugh
[14:28] {jfjf64} While making $
01[14:28] {@Threei}  well... if no one else
[14:28] {jfjf64} Lol
01[14:29] {@Threei}  that's fine though... no one laughs at my jokes but me for years, so I can relate
[14:29] {dino} lol, the greeks sucked another $3n out of ecb
[14:29] {jfjf64} There ya go
[14:29] {dino} n=b
[14:45] {jfjf64} Cutting out guys good day
[14:46] {RonS} cya jf
01[14:46] {@Threei}  take care jf
01[15:13] {@Threei} Long Setup:  VXX  .80 break
01[15:13] {@Threei}  If holds  .70
[15:23] {dino} vsto spike
01[15:30] {@Threei}  last time
01[15:30] {@Threei}  VXX again
01[15:30] {@Threei}  on .81
01[15:30] {@Threei}  in
01[15:32] {@Threei}  1:1
01[15:34] {@Threei}  nesi, see private message
[15:38] {dino} lzb to .56, taking most of the day
[15:39] {dino} out lzb .59, +.33
[15:40] {RonS} ergo Lazy boy eh?
[15:42] {dino} yeah, pretty much
[15:46] {dino} ccmp drop
01[15:49] {@Threei}  ok guys, thank you
01[15:49] {@Threei}  have a good evening, see you tomorrow
[15:53] {dino} gn all