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Showing content with the highest reputation on 08/03/2020 in Posts

  1. 3 points
    Monday - August 03, 2020 Futures Watch /ES closed strong last Friday into the close after selling off and reversing. Opening 3272 Sunday night. Pulling back to VA High 3250, we're starting the morning and the month higher well above the VA Range and hitting a high of 3286. Typically the Main Thesis is that price wants to revert to the Range above/below; however, given the amount of volume sitting slightly above the VA High, we can see a slight pullback and rally to build more value into a new area OR an all-out rally to exceed much higher from the beginning. 10D 30M Chart /NQ had an interesting dip and complete reversal into the VA Range and returning back to roughly 10900. We opened 10933.25 and are seeing as lightly rally higher this morning; however, we have a known strong resistance at 11000 where we've seeing major pullbacks in the past month. I'd be watching the reaction at the resistance to see if other major products can continue higher or if a similar reaction occurs. 10D 30M Chart /RTY seemed weaker on the reversal Friday and into the close, not able to recover the opening highs around 1490. Opening Sunday night 1479.2, we're coming into both Friday highs and VA High 1490, so some expectation of resistance is expected. 10D 30M Chart Premarket Review at 9:00 ET Interesting Futures: Natural Gas up over 6.5%, strong to break above 2.0. Levels 1.62 and 2.1 strong range, recently found support at 1.62 Yearly Support level. Volatility up slightly 1%, waiting for more information. Premarket Sectors at 9:15 ET Strong Sectors: Technology up 1.2%, carried by major tech names continuation from Friday. Weak Sectors: None, but watching Financials with Bonds ($TLT) selling off slightly and a strong $SPY. Things to Watch: Banks if bonds get a selloff, hoping we have some correlation with a strong overall market. $UNG - Natural Gas play $ADT - Google to buy a 6.6% stake in ADT in home security push Big Tech - Carrying the markets higher, but also watching QQQ against 269.67 double top resistance.
  2. 1 point
    Great Compilation Matthew, thanks!
  3. 1 point
    Hi OTC, Kyles hotkey config. excel sheet is here https://drive.google.com/file/d/1TJy7jRHhdMYGyyfKbbYd3M7j6bqxgeoy/view
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  5. 1 point
    5-Minute Opening Range Breakout (ORB) 5_MIN_ORB.pdf High of Day Break / Low of Day Break HOD_LOD_Breaks.pdf VWAP Reversal VWAP_Reversal.pdf Mountain Pass Mountain_Pass.pdf 1-Minute Opening Range Breakout (ORB) 1_MIN_ORB.pdf Rising Devil Rising_Devil.pdf Falling Angel Falling_Angel.pdf Parabolic Reversal Parabolic_Reversal.pdf
  6. 1 point
    This is a very common question, so here is a breakdown of the Account Report in DAS. To access the report, navigate to menu Tools > Account Report. Please note that the commissions assume SureTrader's rate structure, and may not necessarily match your broker's fees. If you plan on using Interactive Brokers, a good estimate of commissions is to multiply number of shares traded (B below) x $0.005. ====================[TOP]==================== [A] Tickets - A Ticket represents any and all executions that result from one order being entered. Regardless of how many partial executions result from one order being sent, only one ticket is generated. One Ticket = one commission. [b Shares - Number of shares bought/sold and shorted/covered [C] SEC - Securities and Exchange Commission fee calculated as a percentage of the dollar value of the trade. Read more on Investopedia. [D] FINRA - Financial Industry Regulatory Authority Trading Activity Fee. Read more. [E] Trade P&L - Gross profit/loss before any commissions or fees. E = L+C+D+G [F] Commission - Based on SureTrader's commissions structure. Unsure of exact calculation used; could be $4.95 per round-trip trade (?) Other users who are with IB say it could be using tiered commission rates, or $1/ticket. [G] ECN - Fee or credit for removing or adding liquidity to the market, respectively. Read more. [H] Net P&L - Net profit/loss after all commissions and fees. H = E-F-C-D-G, or H = L-F ====================[TOTALS]==================== Total Trades - Total tickets, equal to A above [J] Bought Shares - Total shares bought/covered [K] Sold Shares - Total shares sold/shorted [L] Day-trade P&L - Profit/Loss before commissions, but including ECN, SEC, FINRA. L = E-C-D-G [M] Total ECN - Equal to G above [N] Total SEC - Equal to C above [O] Total FINRA - Equal to D above In Summary, the value in H is your take home pay/loss at the end of each trading day.
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